XML 40 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8
MONY CLOSED BLOCK OF BUSINESS (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2014
Dec. 31, 2013
Closed block liabilities      
Future policy benefits, policyholders' account balances and other $ 6,172,310 $ 6,172,310 $ 6,261,819
Policyholder dividend obligation 301,215 301,215  
Other liabilities 28,102 28,102 1,259
Total closed block liabilities 6,501,627 6,501,627 6,453,572
Closed block assets      
Fixed maturities, available-for-sale, at fair value 4,441,257 4,441,257 4,113,829
Equity securities, available-for-sale, at fair value 5,384 5,384 5,223
Mortgage loans on real estate 483,836 483,836 601,959
Policy loans 780,450 780,450 802,013
Cash and other invested assets 16,411 16,411 140,577
Other assets 214,785 214,785 206,938
Total closed block assets 5,942,123 5,942,123 5,870,539
Excess of reported closed block liabilities over closed block assets 559,504 559,504 583,033
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 559,504 559,504 581,039
Deferred tax benefit 0 0 1,074
Policyholder dividend obligation 69,409 69,409 12,720
Reconciliation of the policyholder dividend obligation      
Policyholder dividend obligation, beginning of period   190,494  
Applicable to net revenue (losses)   (8,781)  
Change in net unrealized investment gains (losses) allocated to the policyholder dividend obligation   119,502  
Policyholder dividend obligation, end of period 301,215 301,215  
Revenues      
Premiums and other income 48,596 151,442  
Net investment income 63,847 176,470  
Net investment gains 223 6,328  
Total revenues 112,666 334,240  
Benefits and other deduction      
Benefits and settlement expenses 101,200 300,735  
Other operating expenses 286 376  
Total benefits and other deductions 101,486 301,111  
Net revenues before income taxes 11,180 33,129  
Income tax expense 3,913 11,595  
Net revenues $ 7,267 $ 21,534