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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Investments:    
Securities held to maturity, at amortized cost (fair value: $6,853,264 and $6,656,144) $ 6,605,854 $ 6,510,320
Securities available for sale, at fair value (cost: $2,534,116 and $2,535,264) 2,681,662 2,651,544
Mortgage loans, net of allowance for possible losses ($650 and $650) 128,506 [1] 132,765 [1]
Policy loans 65,144 65,969
Derivatives, index options 134,916 169,314
Other long-term investments 30,682 30,991
Total investments 9,646,764 9,560,903
Cash and short-term investments 132,839 120,859
Deferred policy acquisition costs 774,741 785,706
Deferred sales inducements 163,038 169,570
Accrued investment income 98,564 95,367
Federal income tax receivable 1,786 0
Other assets 94,885 98,011
Total assets 10,912,617 10,830,416
Future policy benefits:    
Universal life and annuity contracts 9,019,804 8,987,062
Traditional life reserves 138,064 138,072
Other policyholder liabilities 143,738 142,587
Deferred Federal income tax liability 22,622 7,199
Federal income tax payable 0 10,067
Other liabilities 110,701 97,481
Total liabilities 9,434,929 9,382,468
COMMITMENTS AND CONTINGENCIES (Note 8)      
Common stock:    
Additional paid-in capital 37,767 37,767
Accumulated other comprehensive income 47,994 38,080
Retained earnings 1,388,292 1,368,466
Total stockholders’ equity 1,477,688 1,447,948
Total liabilities and stockholders' equity 10,912,617 10,830,416
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.