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FAIR VALUE OF FINANCIAL INSTRUMENTS - Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets:    
Mortgage loans on real estate $ 9,379,401 $ 7,724,733
Policy loans 1,675,121 1,695,886
Fixed maturities, held-to-maturity 2,823,881 2,633,474
Other long-term investments 2,479,520 798,342
Liabilities:    
Stable value product account balances 5,443,752 5,234,731
Future policy benefits and claims 14,289,907 13,720,081
Other policyholders’ funds 1,576,856 1,128,379
Debt    
Non-recourse funding obligations 3,082,753 2,888,329
Capital lease obligations 1,000  
Capital lease obligations   1,300
Carrying Amounts    
Assets:    
Mortgage loans on real estate 9,379,401 7,724,733
Policy loans 1,675,121 1,695,886
Fixed maturities, held-to-maturity 2,823,881 2,633,474
Other long-term investments 1,216,996 0
Liabilities:    
Future policy benefits and claims 1,701,324 1,671,414
Other policyholders’ funds 127,084 131,150
Debt    
Non-recourse funding obligations 3,082,753 2,888,329
Carrying Amounts | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations   2,600,000
Carrying Amounts | Level 3    
Debt    
Subordinated Debt Obligations, Fair Value Disclosure 110,000 110,000
Carrying Amounts | Level 3 | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations 2,800,000  
Fair Value | Level 3    
Assets:    
Mortgage loans on real estate 9,584,487 7,447,702
Policy loans 1,675,121 1,695,886
Fixed maturities, held-to-maturity 3,025,790 2,547,210
Other long-term investments 1,246,889 0
Liabilities:    
Stable value product account balances 5,551,195 5,200,723
Future policy benefits and claims 1,705,235 1,671,434
Other policyholders’ funds 130,259 131,782
Debt    
Non-recourse funding obligations 3,298,580 2,801,399
Subordinated Debt Obligations, Fair Value Disclosure 113,286 95,476
Fair Value | Level 3 | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations $ 3,000,000 $ 2,500,000