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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 23          
Buybacks of common shares       (262) (790,541)       (115,334)  
Exercise of stock options       3            
Exercise of stock options         5,731          
Share-based compensation         39,761       (3,595)  
Change in net unrealized gains (losses) on investments, net of tax   $ 530,344 $ 206,480       $ 530,344 $ 206,480    
Change in adjustments related to future policy benefit reserves, net of tax $ 27,820         27,820        
Change in net unrealized gains (losses) on affiliate and other investments, net of tax (31,091)         (31,091)        
Change in OTTI losses recognized in other comprehensive income, net of tax 5,580         5,580        
Change in underfunded pension liability, net of tax 3,088         3,088        
Change in value of cash flow hedge (134)         (134)        
Foreign currency translation adjustments, net of tax 91,102         91,102        
Net income (loss) attributable to common shareholders 136,268               136,268  
Dividends on common shares                 (170,172)  
Non-controlling interests - contributions                   6,393
Non-controlling interests - distributions                   (7,958)
Non-controlling interests - redeemed                   0
Non-controlling interests                   5,916
Non-controlling interest share in change in accumulated other comprehensive income (loss)                   (1,021)
Balance, end of year at Sep. 30, 2016 13,592,880     2,704 8,165,141 1,519,805     1,924,516 1,980,714
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 18          
Buybacks of common shares (571,500)     (138) (416,609)       (154,839)  
Exercise of stock options       18            
Exercise of stock options         49,622          
Share-based compensation         40,011       (6,153)  
Change in net unrealized gains (losses) on investments, net of tax   $ 258,923 $ (46,643)       $ 258,923 $ (46,643)    
Change in adjustments related to future policy benefit reserves, net of tax 13,981         13,981        
Change in net unrealized gains (losses) on affiliate and other investments, net of tax (15,391)         (15,391)        
Change in OTTI losses recognized in other comprehensive income, net of tax 4,660         4,660        
Change in underfunded pension liability, net of tax (1,241)         (1,241)        
Change in value of cash flow hedge (144)         (144)        
Foreign currency translation adjustments, net of tax 39,237         39,237        
Net income (loss) attributable to common shareholders (589,226)               (589,226)  
Dividends on common shares                 (174,762)  
Non-controlling interests - contributions                   49,473
Non-controlling interests - distributions                   (26,092)
Non-controlling interests - redeemed                   (431,282)
Non-controlling interests                   (25,953)
Non-controlling interest share in change in accumulated other comprehensive income (loss)                   350
Balance, end of year at Sep. 30, 2017 $ 11,528,510     $ 2,560 $ 7,741,545 $ 968,928     $ 1,226,814 $ 1,588,663