XML 24 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
UNAUDITED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Excluding Life Funds Withheld Assets
Life Funds Withheld Assets
Common Shares
Additional Paid in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Excluding Life Funds Withheld Assets
Accumulated Other Comprehensive Income (Loss)
Life Funds Withheld Assets
Retained Earnings (Deficit)
Non-controlling Interest in Equity of Consolidated Subsidiaries
Balance, beginning of year at Dec. 31, 2015       $ 2,947 $ 8,910,167 $ 686,616     $ 2,077,349 $ 1,977,384
Issuance of common shares       16 15          
Buybacks of common shares       (196) (591,757)       (92,433)  
Exercise of stock options       1            
Exercise of stock options         1,725          
Share-based compensation         21,732       (3,572)  
Change in net unrealized gains (losses) on investments, net of tax   $ 555,532 $ 129,238       $ 555,532 $ 129,238    
Change in adjustments related to future policy benefit reserves, net of tax $ 25,762         25,762        
Change in net unrealized gains (losses) on affiliate and other investments, net of tax (38,548)         (38,548)        
Change in OTTI losses recognized in other comprehensive income, net of tax 4,119         4,119        
Change in underfunded pension liability, net of tax (949)         (949)        
Change in value of cash flow hedge (87)         (87)        
Foreign currency translation adjustments, net of tax 46,904         46,904        
Net income (loss) attributable to common shareholders 65,667               65,667  
Dividends on common shares                 (115,060)  
Non-controlling interests - contributions                   1,129
Non-controlling interests - distributions                   (5,180)
Non-controlling interests                   5,436
Non-controlling interest share in change in accumulated other comprehensive income (loss)                   (25)
Balance, end of year at Jun. 30, 2016 13,663,932     2,768 8,341,882 1,408,587     1,931,951 1,978,744
Balance, beginning of year at Dec. 31, 2016 12,960,679     2,669 8,068,503 715,546     2,151,794 2,022,167
Issuance of common shares       11 17          
Buybacks of common shares (450,600)     (111) (333,747)       (116,772)  
Exercise of stock options       17            
Exercise of stock options         42,614          
Share-based compensation         13,526       (6,089)  
Change in net unrealized gains (losses) on investments, net of tax   $ 178,477 $ (32,064)       $ 178,477 $ (32,064)    
Change in adjustments related to future policy benefit reserves, net of tax 8,569         8,569        
Change in net unrealized gains (losses) on affiliate and other investments, net of tax 7,881         7,881        
Change in OTTI losses recognized in other comprehensive income, net of tax 2,939         2,939        
Change in underfunded pension liability, net of tax (933)         (933)        
Change in value of cash flow hedge (96)         (96)        
Foreign currency translation adjustments, net of tax 40,846         40,846        
Net income (loss) attributable to common shareholders 454,463               454,463  
Dividends on common shares                 (117,508)  
Non-controlling interests - contributions                   25
Non-controlling interests - distributions                   (6,093)
Non-controlling interests                   5,459
Non-controlling interest share in change in accumulated other comprehensive income (loss)                   297
Balance, end of year at Jun. 30, 2017 $ 13,102,407     $ 2,586 $ 7,790,913 $ 921,165     $ 2,365,888 $ 2,021,855