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Basis of Presentation (Tables)
 3 Months Ended
Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Investment Contract And Life Policy Reserves This table summarizes the Company’s investment contract and life policy reserves.
($ in thousands)
 
March 31, 2018
 
December 31, 2017
 
 
 
 
 
Investment contract reserves
 
$
4,471,733

 
$
4,452,972

Life policy reserves
 
1,126,945

 
1,120,763

Total
 
$
5,598,678

 
$
5,573,735
Accumulated Other Comprehensive Income (Loss) The following tables reconcile these components.
($ in thousands)
 
Net Unrealized Investment Gains and Losses on Securities (1)(2)
 
Defined Benefit Plans (1)
 
Total (1)
 
 
 
 
 
 
 
Beginning balance, January 1, 2018
 
$
300,177

 
$
(13,217
)
 
$
286,960

Other comprehensive income (loss) before reclassifications
 
(109,539
)
 
—

 
(109,539
)
Amounts reclassified from accumulated
other comprehensive income (loss)
 
2,443

 
—

 
2,443

Cumulative effect of change in accounting principle (3)
 
(15,041
)
 
—

 
(15,041
)
Net current period other comprehensive income (loss)
 
(122,137
)
 
—

 
(122,137
)
Ending balance, March 31, 2018
 
$
178,040

 
$
(13,217
)
 
$
164,823

 
 
 
 
 
 
 
Beginning balance, January 1, 2017
 
$
175,738

 
$
(11,817
)
 
$
163,921

Other comprehensive income (loss) before reclassifications
 
22,330

 
—

 
22,330

Amounts reclassified from accumulated
other comprehensive income (loss)
 
203

 
—

 
203

Net current period other comprehensive income (loss)
 
22,533

 
—

 
22,533

Ending balance, March 31, 2017
 
$
198,271

 
$
(11,817
)
 
$
186,454

________________
(1)
All amounts are net of tax.
(2)
The pretax amounts reclassified from accumulated other comprehensive income (loss), $(3,092) thousand and $(313) thousand, are included in net investment gains and losses and the related income tax expenses, $(649) thousand and $(110) thousand, are included in income tax expense in the Consolidated Statements of Operations for the three month periods ended March 31, 2018 and 2017, respectively.
(3)
The Company adopted guidance on January 1, 2018 that resulted in reclassifying $15,041 thousand of after tax unrealized gains on equity securities from AOCI to Retained earnings.