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FAIR VALUE OF FINANCIAL INSTRUMENTS - Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets:    
Mortgage loans on real estate $ 7,516,192 $ 6,817,723
Policy loans 1,721,743 1,615,615
Fixed maturities, held-to-maturity 2,677,726 2,718,904
Liabilities:    
Stable value product account balances 5,025,930 4,698,371
Future policy benefits and claims 13,303,399 10,921,190
Other policyholders’ funds 1,161,767 1,267,198
Debt    
Non-recourse funding obligations 2,913,621 2,952,822
Capital lease obligations 1,600  
Level 3 | Carrying Amounts    
Assets:    
Mortgage loans on real estate 7,516,192 6,817,723
Policy loans 1,721,743 1,615,615
Liabilities:    
Stable value product account balances 5,025,930 4,698,371
Future policy benefits and claims 224,249 220,498
Other policyholders’ funds 134,976 133,508
Debt    
Non-recourse funding obligations 2,913,621 2,952,822
Subordinated funding obligations 110,000 0
Level 3 | Carrying Amounts | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations 2,700,000 2,700,000
Level 3 | Carrying Amounts | Fixed maturities    
Assets:    
Fixed maturities, held-to-maturity 2,677,726 2,718,904
Level 3 | Fair Values    
Assets:    
Mortgage loans on real estate 7,330,137 6,740,177
Policy loans 1,721,743 1,615,615
Liabilities:    
Stable value product account balances 4,978,498 4,698,868
Future policy benefits and claims 244,249 220,498
Other policyholders’ funds 135,631 134,253
Debt    
Non-recourse funding obligations 2,820,229 2,980,495
Subordinated funding obligations 98,775 0
Level 3 | Fair Values | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations 2,600,000 2,800,000
Level 3 | Fair Values | Fixed maturities    
Assets:    
Fixed maturities, held-to-maturity $ 2,582,938 $ 2,776,327