XML 35 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
MONY CLOSED BLOCK OF BUSINESS (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Dec. 31, 2013
Closed block liabilities    
Future policy benefits, policyholders' account balances and other $ 6,240,290 $ 6,274,719
Policyholder dividend obligation 254,081  
Other liabilities 5,840 1,259
Total closed block liabilities 6,500,211 6,466,472
Closed block assets    
Fixed maturities, available-for-sale, at fair value 4,102,407 4,109,142
Equity securities, available-for-sale, at fair value 5,260 5,223
Mortgage loans on real estate 560,882 594,884
Policy loans 796,863 802,013
Cash and other invested assets 235,578 140,577
Other assets 204,813 207,265
Total closed block assets 5,905,803 5,859,104
Excess of reported closed block liabilities over closed block assets 594,408 607,368
Portion of above representing accumulated other comprehensive income:    
Net unrealized investments gains (losses) net of deferred tax benefit and net of policyholder dividend obligation   (1,994)
Future earnings to be recognized from closed block assets and closed block liabilities 594,408 605,374
Deferred tax benefit 0 1,074
Policyholder dividend obligation 37,405 12,720
Reconciliation of the policyholder dividend obligation    
Policyholder dividend obligation, at acquisition date 190,494  
Applicable to net revenue (losses) (6,680)  
Change in net unrealized investment gains allocated to policyholder obligations 70,267  
Policyholder dividend obligation, end of period 254,081  
Revenues    
Premiums and other income 50,066  
Net investment income 52,207  
Net investment gains 5,019  
Total revenues 107,292  
Benefits and other deductions    
Benefits and settlement expenses 96,326  
Total benefits and other deductions 96,326  
Net revenues before income taxes 10,966  
Income tax expense 3,838  
Net revenues $ 7,128