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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Investments:    
Securities held to maturity, at amortized cost (fair value: $6,491,176 and $6,503,627) $ 6,232,872 $ 5,962,120
Securities available for sale, at fair value (cost: $2,626,174 and $2,658,512) 2,769,878 2,826,001
Mortgage loans, net of allowance for possible losses ($650 and $650) 119,372 [1] 142,170 [1]
Policy loans 70,795 71,549
Derivatives, index options 121,890 57,890
Other long-term investments 31,977 41,439
Total investments 9,346,784 9,101,169
Cash and short-term investments 68,232 124,561
Deferred policy acquisition costs 753,105 705,397
Deferred sales inducements 166,984 152,844
Accrued investment income 95,279 92,665
Federal income tax receivable 0 5,655
Other assets 82,393 81,567
Total assets 10,512,777 10,263,858
Future policy benefits:    
Universal life and annuity contracts 8,670,321 8,430,545
Traditional life reserves 137,318 138,309
Other policyholder liabilities 165,230 148,561
Deferred Federal income tax liability 22,491 55,054
Federal income tax payable 6,708 0
Other liabilities 110,529 99,709
Total liabilities 9,112,597 8,872,178
COMMITMENTS AND CONTINGENCIES (Note 8)      
Common stock:    
Additional paid-in capital 37,767 37,767
Accumulated other comprehensive income 41,663 76,786
Retained earnings 1,317,115 1,273,492
Total stockholders’ equity 1,400,180 1,391,680
Total liabilities and stockholders' equity 10,512,777 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.