XML 29 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Investments:    
Securities held to maturity, at amortized cost (fair value: $6,588,874 and $6,503,627) $ 6,078,141 $ 5,962,120
Securities available for sale, at fair value (cost: $2,656,308 and $2,658,512) 2,904,202 2,826,001
Mortgage loans, net of allowance for possible losses ($650 and $650) 125,539 [1] 142,170 [1]
Policy loans 71,143 71,549
Derivatives, index options 130,967 57,890
Other long-term investments 39,136 41,439
Total investments 9,349,128 9,101,169
Cash and short-term investments 86,816 124,561
Deferred policy acquisition costs 709,329 705,397
Deferred sales inducements 154,673 152,844
Accrued investment income 96,355 92,665
Federal income tax receivable 0 5,655
Other assets 80,200 81,567
Total assets 10,476,501 10,263,858
Future policy benefits:    
Universal life and annuity contracts 8,587,555 8,430,545
Traditional life reserves 137,826 138,309
Other policyholder liabilities 155,482 148,561
Deferred Federal income tax liability 36,556 55,054
Federal income tax payable 19,861 0
Other liabilities 132,283 99,709
Total liabilities 9,069,563 8,872,178
COMMITMENTS AND CONTINGENCIES (Note 8)      
Common stock:    
Additional paid-in capital 37,767 37,767
Accumulated other comprehensive income 75,412 76,786
Retained earnings 1,290,124 1,273,492
Total stockholders’ equity 1,406,938 1,391,680
Total liabilities and stockholders' equity 10,476,501 10,263,858
Common Class A [Member]
   
Common stock:    
Common stock, value outstanding 3,435 3,435
Common Class B [Member]
   
Common stock:    
Common stock, value outstanding $ 200 $ 200
[1] Loan-to-Value Ratio using the most recent appraised value.