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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Investments:    
Securities held to maturity, at amortized cost (fair value: $6,979,345 and $6,656,144) $ 6,641,083 $ 6,510,320
Securities available for sale, at fair value (cost: $2,625,676 and $2,535,264) 2,799,450 2,651,544
Mortgage loans, net of allowance for possible losses ($650 and $650) 152,208 [1] 132,765 [1]
Policy loans 64,988 65,969
Derivatives, index options 146,514 169,314
Other long-term investments 30,421 30,991
Total investments 9,834,664 9,560,903
Cash and short-term investments 133,506 120,859
Deferred policy acquisition costs 774,530 785,706
Deferred sales inducements 159,143 169,570
Accrued investment income 95,816 95,367
Federal income tax receivable 3,434 0
Other assets 94,988 98,011
Total assets 11,096,081 10,830,416
Future policy benefits:    
Universal life and annuity contracts 9,155,686 8,987,062
Traditional life reserves 137,099 138,072
Other policyholder liabilities 149,714 142,587
Deferred Federal income tax liability 30,256 7,199
Federal income tax payable 0 10,067
Other liabilities 107,429 97,481
Total liabilities 9,580,184 9,382,468
COMMITMENTS AND CONTINGENCIES (Note 8)      
Common stock:    
Additional paid-in capital 38,116 37,767
Accumulated other comprehensive income 56,670 38,080
Retained earnings 1,417,475 1,368,466
Total stockholders’ equity 1,515,897 1,447,948
Total liabilities and stockholders' equity 11,096,081 10,830,416
Common Class A [Member]
   
Common stock:    
Common stock, value outstanding 3,436 3,435
Common Class B [Member]
   
Common stock:    
Common stock, value outstanding $ 200 $ 200
[1] Loan-to-Value Ratio determined using the most recent appraised value.