XML 44 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
INVESTMENT OPERATIONS (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net realized investment gains (losses) for all other investments        
Fixed maturities $ 19,152,000 $ 15,994,000 $ 31,461,000 $ 36,040,000
Equity securities 2,366,000 148,000 2,367,000 148,000
Impairments on fixed maturity securities (2,910,000) (13,608,000) (6,497,000) (32,372,000)
Impairments on equity securities (1,090,000)   (2,087,000)  
Modco trading portfolio (126,694,000) 56,063,000 (142,022,000) 74,162,000
Other investments (4,802,000) (6,612,000) (5,929,000) (9,031,000)
Total realized gains (losses) - investments (113,978,000) 51,985,000 (122,707,000) 68,947,000
Gross realized gains on investments available-for-sale (fixed maturities, equity securities, and short-term investments) 23,900,000 16,200,000 36,800,000 39,400,000
Gross realized losses 6,200,000 13,600,000 11,100,000 35,400,000
Impairment losses on investments available-for-sale 3,800,000 13,500,000 8,200,000 32,200,000
Fair value (proceeds) of securities in an unrealized gain position sold 409,900,000 411,800,000 798,500,000 900,100,000
Gain realized on the sale of securities in an unrealized gain position 23,900,000 16,200,000 36,800,000 39,400,000
Fair value (proceeds) of securities in an unrealized loss position sold 53,200,000 300,000 57,200,000 17,500,000
Loss realized on the sale of securities in an unrealized loss position $ 2,400,000 $ 100,000 $ 3,000,000 $ 3,200,000