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FAIR VALUE OF FINANCIAL INSTRUMENTS - Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets:    
Mortgage loans on real estate $ 9,053,400 $ 7,724,733
Policy loans 1,709,110 1,695,886
Fixed maturities, held-to-maturity 2,576,216 2,633,474
Liabilities:    
Stable value product account balances 5,816,503 5,234,731
Future policy benefits and claims 14,179,277 13,720,081
Other policyholders’ funds 1,542,296 1,128,379
Debt    
Non-recourse funding obligations 2,833,145 2,888,329
Capital lease obligations 2,600  
Capital lease obligations   1,300
Level 3 | Carrying Amounts    
Assets:    
Mortgage loans on real estate 9,053,400 7,724,733
Policy loans 1,709,110 1,695,886
Liabilities:    
Stable value product account balances 5,816,503 5,234,731
Future policy benefits and claims 1,725,194 1,671,414
Other policyholders’ funds 105,136 131,150
Debt    
Non-recourse funding obligations 2,833,145 2,888,329
Subordinated funding obligations 110,000 110,000
Level 3 | Carrying Amounts | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations 2,600,000 2,600,000
Level 3 | Carrying Amounts | Fixed maturities    
Assets:    
Fixed maturities, held-to-maturity 2,576,216 2,633,474
Level 3 | Fair Values    
Assets:    
Mortgage loans on real estate 9,123,182 7,447,702
Policy loans 1,709,110 1,695,886
Liabilities:    
Stable value product account balances 5,885,528 5,200,723
Future policy benefits and claims 1,729,081 1,671,434
Other policyholders’ funds 107,702 131,782
Debt    
Non-recourse funding obligations 2,944,157 2,801,399
Subordinated funding obligations 108,455 95,476
Level 3 | Fair Values | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations 2,700,000 2,500,000
Level 3 | Fair Values | Fixed maturities    
Assets:    
Fixed maturities, held-to-maturity $ 2,640,827 $ 2,547,210