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FAIR VALUE OF FINANCIAL INSTRUMENTS - Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets:    
Commercial mortgage loans $ 10,005,562 $ 9,379,401
Policy loans 1,593,394 1,675,121
Fixed maturities, held-to-maturity   2,823,881
Other long-term investments 3,164,180 2,479,520
Liabilities:    
Future policy benefits and claims 15,477,640 14,289,907
Other policyholders’ funds 1,865,421 1,576,856
Debt    
Non-recourse funding obligations 2,197 3,082,753
Capital lease obligations 600 1,000
Level 3    
Liabilities:    
Stable value product account balances 6,056,181 5,443,752
Carrying Amounts | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations   2,800,000
Carrying Amounts | Level 3    
Assets:    
Commercial mortgage loans 10,005,562 9,379,401
Policy loans 1,593,394 1,675,121
Fixed maturities, held-to-maturity 0 2,823,881
Other long-term investments 1,186,063 1,216,996
Liabilities:    
Future policy benefits and claims 1,580,221 1,701,324
Other policyholders’ funds 102,091 127,084
Debt    
Non-recourse funding obligations 2,197 3,082,753
Subordinated funding obligations 110,000 110,000
Fair Value | Level 3    
Assets:    
Commercial mortgage loans 10,787,782 9,584,487
Policy loans 1,593,394 1,675,121
Fixed maturities, held-to-maturity 0 3,025,790
Other long-term investments 1,282,999 1,246,889
Liabilities:    
Stable value product account balances 6,230,663 5,551,195
Future policy benefits and claims 1,602,813 1,705,235
Other policyholders’ funds 107,864 130,259
Debt    
Non-recourse funding obligations 2,486 3,298,580
Subordinated funding obligations $ 120,835 113,286
Fair Value | Level 3 | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations   $ 3,000,000