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Related Party Transactions (Tables)
 9 Months Ended
Sep. 30, 2022
Related Party Transaction [Line Items]  
Affiliated Commercial Mortgage Loan
The following table sets forth the composition of “Commercial mortgage and other loans,” as of the dates indicated:
September 30, 2022December 31, 2021
 Amount
(in thousands)		% of
Total		Amount
(in thousands)		% of
Total
Commercial mortgage and agricultural property loans by property type:
Apartments/Multi-Family$1,175,873 26.7 %$748,414 26.4 %
Hospitality104,635 2.4 48,141 1.7 
Industrial1,586,958 36.1 916,398 32.2 
Office585,829 13.2 445,055 15.7 
Other377,177 8.6 252,590 8.9 
Retail329,143 7.5 255,577 9.0 
Total commercial mortgage loans4,159,615 94.5 2,666,175 93.9 
Agricultural property loans242,060 5.5 172,336 6.1 
Total commercial mortgage and agricultural property loans4,401,675 100.0 %2,838,511 100.0 %
Allowance for credit losses(16,132)(5,951)
Total net commercial mortgage and agricultural property loans$4,385,543 $2,832,560 
Affiliated Asset Transfers The table below shows affiliated asset trades for the nine months ended September 30, 2022 and for the year ended December 31, 2021, excluding those related to the 2021 Variable Annuities Recapture effective July 1, 2021, as described in Note 1 to the Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021.
AffiliateDateTransaction Security Type  Fair Value  Book Value  APIC, Net of Tax Increase/(Decrease)Realized
Investment
Gain (Loss)
 (in thousands)
PALACJune 2021PurchaseEquities$40,284 $40,284 $0 $0 
Prudential InsuranceSeptember 2021PurchaseFixed Maturities$64,374 $59,642 $(3,739)$0 
Prudential InsuranceSeptember 2021SaleFixed Maturities$37,887 $35,264 $2,073 $0 
Hirakata LLCSeptember 2021PurchaseFixed Maturities$13,944 $13,944 $0 $0 
Prudential Retirement Insurance & Annuity CoSeptember 2021PurchaseFixed Maturities$120,256 $120,256 $0 $0 
Prudential Retirement Insurance & Annuity CoSeptember 2021SaleFixed Maturities$173,590 $166,427 $0 $7,163 
Prudential InsuranceSeptember 2021PurchaseCommercial Mortgage and Other Loans$45,358 $42,127 $(2,553)$0 
Prudential InsuranceSeptember 2021SaleCommercial Mortgage and Other Loans$22,796 $21,780 $802 $0 
Prudential Retirement Insurance & Annuity CoSeptember 2021PurchaseCommercial Mortgage and Other Loans$29,483 $29,483 $0 $0 
Prudential Retirement Insurance & Annuity CoSeptember 2021SaleCommercial Mortgage and Other Loans$51,005 $47,020 $0 $3,985 
Prudential InsuranceSeptember 2021PurchaseDerivatives$600 $494 $(84)$0 
Prudential InsuranceSeptember 2021SaleDerivatives$335 $175 $127 $0 
Prudential Retirement Insurance & Annuity CoSeptember 2021PurchaseDerivatives$(1,243)$(1,243)$0 $0 
Prudential Retirement Insurance & Annuity CoSeptember 2021SaleDerivatives$2,846 $770 $0 $2,076 
PAR UNovember 2021PurchaseFixed Maturities$41,021 $41,021 $0 $0 
PALACNovember 2021PurchaseDerivatives$1,112 $1,112 $0 $0 
PALACDecember 2021Transfer InFixed Maturities$2,037,320 $2,037,320 $0 $0 
PURCDecember 2021PurchaseFixed Maturities$48,041 $48,041 $0 $0 
PALACDecember 2021PurchaseFixed Maturities$57,087 $57,087 $0 $0 
PALACDecember 2021Transfer InCommercial Mortgage and Other Loans$517,309 $517,309 $0 $0 
Prudential InsuranceDecember 2021Contributed CapitalFixed Maturities$166,676 $166,676 $0 $0 
Prudential Retirement Insurance & Annuity CoDecember 2021SaleDerivatives$31,567 $0 $0 $31,567 
Prudential Retirement Insurance & Annuity CoDecember 2021PurchaseDerivatives$73,572 $73,572 $0 $0 
PALACDecember 2021PurchaseDerivatives$8,455 $8,455 $0 $0 
PALACJanuary 2022PurchaseFixed Maturities$4,432 $4,432 $0 $0 
PALACJanuary 2022PurchaseDerivatives$404 $404 $0 $0 
PALACFebruary 2022PurchaseFixed Maturities$128,909 $128,909 $0 $0 
PAR UApril 2022PurchaseFixed Maturities$48,970 $48,970 $0 $0 
Prudential InsuranceMay 2022PurchaseFixed Maturities$233,426 $241,128 $6,085 $0 
Prudential InsuranceJune 2022PurchaseFixed Maturities$88,754 $81,216 $(5,955)$0 
Prudential InsuranceJune 2022Transfer InFixed Maturities$52,089 $45,031 $(5,577)$0 
Prudential InsuranceJune 2022Transfer OutFixed Maturities$48,786 $58,984 $(8,057)$0 
PAR UJune 2022PurchaseCommercial Mortgage and Other Loans$6,492 $6,492 $0 $0 
PAR UJune 2022SaleCommercial Mortgage and Other Loans$14,853 $15,725 $0 $(872)
GUL ReJune 2022PurchaseCommercial Mortgage and Other Loans$13,551 $13,551 $0 $0 
GUL ReJune 2022SaleCommercial Mortgage and Other Loans$8,692 $9,033 $0 $(341)
PURCJune 2022PurchaseCommercial Mortgage and Other Loans$4,403 $4,403 $0 $0 
Prudential InsuranceJuly 2022Transfer InFixed Maturities$6,319 $7,230 $719 $0 
Prudential Arizona Reinsurance Captive Co.July 2022PurchaseFixed Maturities$16,284 $16,284 $0 $0 
Prudential InsuranceAugust 2022PurchaseFixed Maturities$155,823 $139,712 $(12,728)$0 
Vantage Casualty Insurance CoSeptember 2022PurchaseFixed Maturities$3,497 $3,497 $0 $0 
Affiliated Entity  
Related Party Transaction [Line Items]  
Affiliated Notes Receivable
Affiliated notes receivable included in “Receivables from parent and affiliates” at September 30, 2022 and December 31, 2021 were as follows:
Maturity DatesInterest RatesSeptember 30, 2022December 31, 2021
(in thousands)
U.S. dollar fixed rate notes2022-20270.00%-14.85 %$147,896 $162,045 
Total notes receivable - affiliated(1)$147,896 $162,045 

(1)All notes receivable may be called for prepayment prior to the respective maturity dates under specified circumstances.
Affiliated Commercial Mortgage Loan
The affiliated commercial mortgage loan included in "Commercial mortgage and other loans" at September 30, 2022 and December 31, 2021 were as follows:
Maturity DateInterest RateSeptember 30, 2022December 31, 2021
(in thousands)
Affiliated Commercial Mortgage Loan20257.13 %$72,522 $73,412 
Debt Agreements The following table provides the breakout of the Company's long-term debt to affiliates as of September 30, 2022 and December 31, 2021:
AffiliateDate
Issued		Amount of Notes - September 30, 2022Amount of Notes - December 31, 2021Interest Rate  Date of Maturity  
  (in thousands)  
Prudential Insurance8/13/2021$97,445 $99,770 4.39 %12/15/2023
Prudential Insurance8/13/202129,233 29,931 4.39 %12/15/2023
Prudential Insurance8/13/202198,338 100,348 3.95 %6/20/2024
Prudential Insurance8/13/202139,335 40,139 3.95 %6/20/2024
Prudential Insurance8/13/202149,169 50,174 3.95 %6/20/2024
Total Loans Payable to Affiliates$313,520 $320,362