Guarantor Financial Information (Tables)

12 Months Ended

Dec. 31, 2017

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed consolidating balance sheet

	December 31, 2017
Condensed Consolidating Balance Sheet (U.S. dollars in thousands)	XL-Group (1)		XLIT		Other XL-Group Subsidiaries		Consolidating Adjustments and Eliminations			XL-Group Consolidated
ASSETS
Investments:
Total investments available for sale	$	—	$	528,152	$	31,930,284	$	—		$	32,458,436
Total investments trading	—		—		2,021,350		—			2,021,350
Investments in affiliates	—		—		1,911,996		—			1,911,996
Other investments	—		—		1,163,863		—			1,163,863
Total investments	$	—	$	528,152	$	37,027,493	$	—		$	37,555,645
Cash and cash equivalents	3,950		158,688		3,273,316		—			3,435,954
Restricted cash	—		—		157,497		—			157,497
Investments in subsidiaries	9,817,979		13,379,083		—		(23,197,062		)	—
Accrued investment income	11		2,436		269,702		—			272,149
Deferred acquisition costs and value of business acquired	—		—		1,102,474		—			1,102,474
Ceded unearned premiums	—		—		2,198,217		—			2,198,217
Premiums receivable	—		—		6,934,482		—			6,934,482
Reinsurance balances receivable	—		—		930,114		—			930,114
Unpaid losses and loss expenses recoverable	—		—		7,247,723		—			7,247,723
Receivable from investments sold	—		—		201,515		—			201,515
Goodwill and other intangible assets	—		—		2,225,751		—			2,225,751
Deferred tax asset	—		—		332,024		—			332,024
Amounts due from subsidiaries/parent	32,301		—		61,976		(94,277		)	—
Other assets	14,541		27,244		800,906		—			842,691
Total assets	$	9,868,782	$	14,095,603	$	62,763,190	$	(23,291,339	)	$	63,436,236
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities:
Unpaid losses and loss expenses	$	—	$	—	$	29,696,779	$	—		$	29,696,779
Deposit liabilities	—		—		1,042,677		—			1,042,677
Future policy benefit reserves	—		—		3,610,926		—			3,610,926
Funds withheld on GreyCastle life retrocession arrangements	—		—		999,219		—			999,219
Unearned premiums	—		—		8,307,431		—			8,307,431
Notes payable and debt	—		3,220,769		—		—			3,220,769
Reinsurance balances payable	—		—		3,706,116		—			3,706,116
Payable for investments purchased	—		848		332,141		—			332,989
Deferred tax liability	—		—		57,574		—			57,574
Amounts due to subsidiaries/parent	—		62,111		32,166		(94,277		)	—
Other liabilities	20,465		36,975		942,996		—			1,000,436
Total liabilities	$	20,465	$	3,320,703	$	48,728,025	$	(94,277	)	$	51,974,916
Shareholders' Equity:
Shareholders' equity attributable to XL Group Ltd	$	9,848,317	$	9,817,979	$	13,379,083	$	(23,197,062	)	$	9,848,317
Non-controlling interest in equity of consolidated subsidiaries	—		956,921		656,082		—			1,613,003
Total shareholders' equity	$	9,848,317	$	10,774,900	$	14,035,165	$	(23,197,062	)	$	11,461,320
Total liabilities and shareholders' equity	$	9,868,782	$	14,095,603	$	62,763,190	$	(23,291,339	)	$	63,436,236

____________

(1) Results for the period include XL-Ireland, which prior to the Redomestication was the ultimate parent and is now in liquidation proceedings as outlined in Note 1, "Significant Accounting Policies." The Company expects the net assets of XL-Ireland to ultimately be distributed to XL Group upon completion of the liquidation.

	December 31, 2016
Condensed Consolidating Balance Sheet (U.S. dollars in thousands, except share data)	XL-Group (1)		XLIT		Other XL-Group Subsidiaries		Consolidating Adjustments and Eliminations			XL-Group Consolidated
ASSETS
Investments:
Total investments available for sale	$	—	$	638,236	$	31,280,890	$	—		$	31,919,126
Total investments trading	—		—		1,626,577		—			1,626,577
Investments in affiliates	—		—		2,177,645		—			2,177,645
Other investments	—		9		1,164,555		—			1,164,564
Total investments	$	—	$	638,245	$	36,249,667	$	—		$	36,887,912
Cash and cash equivalents	1,022		84,286		3,341,680		—			3,426,988
Restricted cash	—		—		153,504		—			153,504
Investments in subsidiaries	10,897,195		14,238,698		—		(25,135,893		)	—
Accrued investment income	55		2,981		281,385		(55		)	284,366
Deferred acquisition costs and value of business acquired	—		—		946,721		—			946,721
Ceded unearned premiums	—		—		1,687,864		—			1,687,864
Premiums receivable	—		—		5,522,976		—			5,522,976
Reinsurance balances receivable	—		—		577,479		—			577,479
Unpaid losses and loss expenses recoverable	—		—		5,491,297		—			5,491,297
Receivable from investments sold	—		—		128,411		—			128,411
Goodwill and other intangible assets	—		—		2,203,653		—			2,203,653
Deferred tax asset	—		—		310,542		—			310,542
Amounts due from subsidiaries/parent	42,780		—		72,962		(115,742		)	—
Other assets	15,188		40,108		757,093		—			812,389
Total assets	$	10,956,240	$	15,004,318	$	57,725,234	$	(25,251,690	)	$	58,434,102
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities:
Unpaid losses and loss expenses	$	—	$	—	$	25,939,571	$	—		$	25,939,571
Deposit liabilities	—		—		1,116,233		—			1,116,233
Future policy benefit reserves	—		—		3,506,047		—			3,506,047
Funds withheld on GreyCastle life retrocession arrangements	—		—		998,968		—			998,968
Unearned premiums	—		—		7,293,028		—			7,293,028
Notes payable and debt	—		2,647,677		—		—			2,647,677
Reinsurance balances payable	—		—		2,451,717		—			2,451,717
Payable for investments purchased	—		—		226,009		—			226,009
Deferred tax liability	—		—		77,271		—			77,271
Amounts due to subsidiaries/parent	—		72,962		42,780		(115,742		)	—
Other liabilities	17,728		41,984		1,157,190		—			1,216,902
Total liabilities	$	17,728	$	2,762,623	$	42,808,814	$	(115,742	)	$	45,473,423
Shareholders' Equity:
Shareholders' equity attributable to XL Group Ltd	$	10,938,512	$	10,897,195	$	14,238,698	$	(25,135,893	)	$	10,938,512
Non-controlling interest in equity of consolidated subsidiaries	—		1,344,500		677,722		(55		)	2,022,167
Total shareholders' equity	$	10,938,512	$	12,241,695	$	14,916,420	$	(25,135,948	)	$	12,960,679
Total liabilities and shareholders' equity	$	10,956,240	$	15,004,318	$	57,725,234	$	(25,251,690	)	$	58,434,102

____________

(1) Results for the period include XL-Ireland, which prior to the Redomestication was the ultimate parent and is now in liquidation proceedings as outlined in Note 1, "Significant Accounting Policies." The Company expects the net assets of XL-Ireland to ultimately be distributed to XL Group upon completion of the liquidation.

Condensed consolidating statement of income and comprehensive income

	Year Ended December 31, 2017
Condensed Consolidating Statements of Income and Comprehensive Income (U.S. dollars in thousands)	XL-Group (1)			XLIT			Other XL-Group Subsidiaries			Consolidating Adjustments and Eliminations			XL-Group Consolidated
Revenues:
Net premiums earned	$	—		$	—		$	10,336,612		$	—		$	10,336,612
Total net investment income	160			9,822			819,873			(132		)	829,723
Total net realized gains (losses) on investments	(239		)	701			221,175			239			221,876
Net realized and unrealized gains (losses) on derivative instruments	—			—			(41,732		)	—			(41,732		)
Net realized and unrealized gains (losses) on life retrocession embedded derivative and derivative instruments - Life Funds Withheld Assets	—			—			(206,015		)	—			(206,015		)
Income (loss) from investment affiliates	—			—			139,046			—			139,046
Fee income and other	—			—			48,647			—			48,647
Total revenues	$	(79	)	$	10,523		$	11,317,606		$	107		$	11,328,157
Expenses:
Net losses and loss expenses incurred	$	—		$	—		$	8,001,920		$	—		$	8,001,920
Claims and policy benefits	—			—			39,189			—			39,189
Acquisition costs	—			—			1,788,140			—			1,788,140
Operating expenses	63,307			2,283			1,691,469			—			1,757,059
Foreign exchange (gains) losses	2,026			7,136			35,458			—			44,620
(Gain) loss from the early extinguishment of debt	—			1,582			—			—			1,582
Interest expense	—			150,314			40,045			—			190,359
Total expenses	$	65,333		$	161,315		$	11,596,221		$	—		$	11,822,869
Income (loss) before income tax and income (loss) from operating affiliates	$	(65,412	)	$	(150,792	)	$	(278,615	)	$	107		$	(494,712	)
Income (loss) from operating affiliates	—			—			63,645			—			63,645
Equity in net earnings (losses) of subsidiaries	(494,986		)	(304,355		)	—			799,341			—
Provision (benefit) for income tax	—			—			59,070			—			59,070
Net income (loss)	$	(560,398	)	$	(455,147	)	$	(274,040	)	$	799,448		$	(490,137	)
Non-controlling interests	—			39,839			30,315			107			70,261
Net income (loss) attributable to common shareholders	$	(560,398	)	$	(494,986	)	$	(304,355	)	$	799,341		$	(560,398	)
Comprehensive income (loss)	$	(386,513	)	$	(321,101	)	$	(130,470	)	$	451,571		$	(386,513	)

____________

(1) Results for the period include XL-Ireland, which prior to the Redomestication was the ultimate parent and is now in liquidation proceedings as outlined in Note 1, "Significant Accounting Policies." The Company expects the net assets of XL-Ireland to ultimately be distributed to XL Group upon completion of the liquidation.

	Year Ended December 31, 2016
Condensed Consolidating Statements of Income and Comprehensive Income (U.S. dollars in thousands, except per share data)	XL-Group (1)			XLIT			Other XL-Group Subsidiaries			Consolidating Adjustments and Eliminations			XL-Group Consolidated
Revenues:
Net premiums earned	$	—		$	—		$	9,777,934		$	—		$	9,777,934
Total net investment income	436			9,135			817,998			(436		)	827,133
Total net realized gains (losses) on investments	—			1,918			370,220			—			372,138
Net realized and unrealized gains (losses) on derivative instruments	—			—			2,521			—			2,521
Net realized and unrealized gains (losses) on life retrocession embedded derivative and derivative instruments - Life Funds Withheld Assets	—			—			(540,090		)	—			(540,090		)
Income (loss) from investment affiliates	—			—			70,758			—			70,758
Fee income and other	—			—			35,692			—			35,692
Total revenues	$	436		$	11,053		$	10,535,033		$	(436	)	$	10,546,086
Expenses:
Net losses and loss expenses incurred	$	—		$	—		$	6,072,835		$	—		$	6,072,835
Claims and policy benefits	—			—			28,244			—			28,244
Acquisition costs	—			—			1,620,671			—			1,620,671
Operating expenses	93,247			4,985			1,965,130			—			2,063,362
Foreign exchange (gains) losses	(1,106		)	(343		)	(8,129		)	—			(9,578		)
(Gain) Loss on sale of subsidiary	—			—			(7,088		)	—			(7,088		)
Interest expense	(4		)	140,644			69,123			—			209,763
Total expenses	$	92,137		$	145,286		$	9,740,786		$	—		$	9,978,209
Income (loss) before income tax and income (loss) from operating affiliates	$	(91,701	)	$	(134,233	)	$	794,247		$	(436	)	$	567,877
Income (loss) from operating affiliates	—			—			44,397			—			44,397
Equity in net earnings (losses) of subsidiaries	532,049			744,877			—			(1,276,926		)	—
Provision (benefit) for income tax	(620		)	—			42,749			—			42,129
Net income (loss)	$	440,968		$	610,644		$	795,895		$	(1,277,362	)	$	570,145
Non-controlling interests	—			78,595			51,018			(436		)	129,177
Net income (loss) attributable to common shareholders	$	440,968		$	532,049		$	744,877		$	(1,276,926	)	$	440,968
Comprehensive income (loss)	$	469,898		$	560,979		$	773,807		$	(1,334,786	)	$	469,898

____________

(1) Results for the period include XL-Ireland, which prior to the Redomestication was the ultimate parent and is now in liquidation proceedings as outlined in Note 1, "Significant Accounting Policies." The Company expects the net assets of XL-Ireland to ultimately be distributed to XL Group upon completion of the liquidation.

	Year Ended December 31, 2015
Condensed Consolidating Statements of Income and Comprehensive Income (U.S. dollars in thousands, except per share data)	XL- Ireland			XLIT			Other XL-Ireland Subsidiaries			Consolidating Adjustments and Eliminations			XL-Ireland Consolidated
Revenues:
Net premiums earned	$	—		$	—		$	8,226,425		$	—		$	8,226,425
Total net investment income	169			9,363			859,002			3,836			872,370
Total net realized gains (losses) on investments	—			13,814			197,129			(8,765		)	202,178
Net realized and unrealized gains (losses) on derivative instruments	—			12,363			40,760			—			53,123
Net realized and unrealized gains (losses) on life retrocession embedded derivative and derivative instruments - Life Funds Withheld Assets	—			—			(151,691		)	—			(151,691		)
Income (loss) from investment affiliates	—			—			73,320			—			73,320
Fee income and other	—			—			33,201			—			33,201
Total revenues	$	169		$	35,540		$	9,278,146		$	(4,929	)	$	9,308,926
Expenses:
Net losses and loss expenses incurred	$	—		$	—		$	4,766,200		$	—		$	4,766,200
Claims and policy benefits	—			—			115,997			—			115,997
Acquisition costs	—			—			1,317,448			—			1,317,448
Operating expenses	46,340			10,565			1,910,034			—			1,966,939
Foreign exchange (gains) losses	(345		)	20			22,829			—			22,504
(Gain) loss from the early extinguishment of debt	—			—			5,592			—			5,592
Interest expense	11			143,330			61,874			—			205,215
Total expenses	$	46,006		$	153,915		$	8,199,974		$	—		$	8,399,895
Income (loss) before income tax and income (loss) from operating affiliates	$	(45,837	)	$	(118,375	)	$	1,078,172		$	(4,929	)	$	909,031
Income (loss) from operating affiliates	—			—			44,740			—			44,740
Gain on sale of operating affiliate	—			—			340,407			—			340,407
Equity in net earnings (losses) of subsidiaries	1,253,609			1,449,404			—			(2,703,013		)	—
Provision (benefit) for income tax	620			245			(20,026		)	—			(19,161		)
Net income (loss)	$	1,207,152		$	1,330,784		$	1,483,345		$	(2,707,942	)	$	1,313,339
Non-controlling interests	—			77,175			29,012			—			106,187
Net income (loss) attributable to common shareholders	$	1,207,152		$	1,253,609		$	1,454,333		$	(2,707,942	)	$	1,207,152
Comprehensive income (loss)	$	409,310		$	455,767		$	656,491		$	(1,112,258	)	$	409,310

Condensed consolidating statement of cash flows

	Year Ended December 31, 2017
Condensed Consolidating Statement of Cash Flows (U.S. dollars in thousands)	XL-Group (1)			XLIT			Other XL-Group Subsidiaries			Consolidating Adjustments and Eliminations			XL-Group Consolidated
Cash flows provided by (used in) operating activities:
Net cash provided by (used in) operating activities	$	284,709		$	618,263		$	176,821		$	(1,046,474	)	$	33,319
Cash flows provided by (used in) investing activities:
Proceeds from sale of fixed maturities and short-term investments	$	—		$	174,934		$	15,527,192		$	—		$	15,702,126
Proceeds from redemption of fixed maturities and short-term investments	—			137,658			3,332,838			—			3,470,496
Proceeds from sale of equity securities	5,253			45,680			756,872			(50,256		)	757,549
Purchases of fixed maturities and short-term investments	—			(208,395		)	(19,073,402		)	—			(19,281,797		)
Purchases of equity securities	—			(45,582		)	(326,610		)	45,582			(326,610		)
Proceeds from sale of affiliates	—			—			593,539			—			593,539
Purchases of affiliates	—			—			(176,034		)	—			(176,034		)
Returns of capital from subsidiaries	462,178			—			—			(462,178		)	—
Change in restricted cash	—			—			(3,993		)	—			(3,993		)
Other, net	—			1			(72,551		)	—			(72,550		)
Net cash provided by (used in) investing activities	$	467,431		$	104,296		$	557,851		$	(466,852	)	$	662,726
Cash flows provided by (used in) financing activities:
Proceeds from issuance of common shares and exercise of stock options	$	50,634		$	—		$	—		$	—		$	50,634
Buybacks of common shares	(571,614		)	—			—			—			(571,614		)
Repurchase of preference shares	—			(371,163		)	(45,003		)	4,674			(411,492		)
Employee withholding on share-based compensation	—			—			(24,189		)	—			(24,189		)
Dividends paid on common shares	(228,232		)	(295,987		)	(750,000		)	1,045,987			(228,232		)
Return of capital	—			(462,178		)	—			462,178			—
Distributions to non-controlling interests	—			(59,231		)	(65,561		)	487			(124,305		)
Contributions from non-controlling interests	—			—			59,583			—			59,583
Proceeds from issuance of debt	—			558,311			—			—			558,311
Repayment of debt	—			(17,909		)	—			—			(17,909		)
Deposit liabilities	—			—			(34,565		)	—			(34,565		)
Net cash provided by (used in) financing activities	$	(749,212	)	$	(648,157	)	$	(859,735	)	$	1,513,326		$	(743,778	)
Effects of exchange rate changes on foreign currency cash	—			—			56,699			—			56,699
Increase (decrease) in cash and cash equivalents	$	2,928		$	74,402		$	(68,364	)	$	—		$	8,966
Cash and cash equivalents – beginning of period	1,022			84,286			3,341,680			—			3,426,988
Cash and cash equivalents – end of period	$	3,950		$	158,688		$	3,273,316		$	—		$	3,435,954

____________

(1) Results for the period include XL-Ireland, which prior to the Redomestication was the ultimate parent and is now in liquidation proceedings as outlined in Note 1, "Significant Accounting Policies." The Company expects the net assets of XL-Ireland to ultimately be distributed to XL Group upon completion of the liquidation.

	Year Ended December 31, 2016
Condensed Consolidating Statement of Cash Flows (U.S. dollars in thousands)	XL-Group (1)			XLIT			Other XL-Group Subsidiaries			Consolidating Adjustments and Eliminations			XL-Group Consolidated
Cash flows provided by (used in) operating activities:
Net cash provided by (used in) operating activities	$	978,695		$	775,100		$	2,145,149		$	(2,955,038	)	$	943,906
Cash flows provided by (used in) investing activities:
Proceeds from sale of fixed maturities and short-term investments	$	—		$	303,070		$	13,037,976		$	(583,466	)	$	12,757,580
Proceeds from redemption of fixed maturities and short-term investments	—			97,168			3,750,541			—			3,847,709
Proceeds from sale of equity securities	—			—			848,779			—			848,779
Purchases of fixed maturities and short-term investments	—			(534,502		)	(15,506,653		)	583,466			(15,457,689		)
Purchases of equity securities	—			—			(1,103,447		)	—			(1,103,447		)
Proceeds from sale of affiliates	—			324			396,767			—			397,091
Purchases of affiliates	—			—			(681,385		)	—			(681,385		)
Purchase of subsidiaries, net of acquired cash	—			—			(92,893		)	—			(92,893		)
Proceeds from sale of subsidiary, net of cash sold	—			—			22,998			—			22,998
Returns of capital from subsidiaries	274,727			465,203			—			(739,930		)	—
Change in restricted cash	—			—			1,488			—			1,488
Other, net	—			—			197,536			—			197,536
Net cash provided by (used in) investing activities	$	274,727		$	331,263		$	871,707		$	(739,930	)	$	737,767
Cash flows provided by (used in) financing activities:
Proceeds from issuance of common shares and exercise of stock options	$	9,854		$	—		$	—		$	—		$	9,854
Buybacks of common shares	(1,051,050		)	—			—			—			(1,051,050		)
Employee withholding on share-based compensation	—			—			(28,569		)	—			(28,569		)
Dividends paid on common shares	(222,761		)	(1,039,253		)	(1,915,785		)	2,955,038			(222,761		)
Return of capital	—			(274,727		)	(465,203		)	739,930			—
Distributions to non-controlling interests	—			(78,094		)	(52,353		)	—			(130,447		)
Contributions from non-controlling interests	—			—			47,524			—			47,524
Repayment of debt	—			—			(8,248		)	—			(8,248		)
Deposit liabilities	—			—			(69,482		)	—			(69,482		)
Net cash provided by (used in) financing activities	$	(1,263,957	)	$	(1,392,074	)	$	(2,492,116	)	$	3,694,968		$	(1,453,179	)
Effects of exchange rate changes on foreign currency cash	—			—			(57,742		)	—			(57,742		)
Increase (decrease) in cash and cash equivalents	$	(10,535	)	$	(285,711	)	$	466,998		$	—		$	170,752
Cash and cash equivalents – beginning of period	11,557			369,997			2,874,682			—			3,256,236
Cash and cash equivalents – end of period	$	1,022		$	84,286		$	3,341,680		$	—		$	3,426,988

____________

(1) Results for the period include XL-Ireland, which prior to the Redomestication was the ultimate parent and is now in liquidation proceedings as outlined in Note 1, "Significant Accounting Policies." The Company expects the net assets of XL-Ireland to ultimately be distributed to XL Group upon completion of the liquidation.

	Year Ended December 31, 2015
Condensed Consolidating Statement of Cash Flows (U.S. dollars in thousands)	XL- Ireland			XLIT			Other XL-Ireland Subsidiaries			Consolidating Adjustments and Eliminations			XL-Ireland Consolidated
Cash flows provided by (used in) operating activities:
Net cash provided by (used in) operating activities	$	561,468		$	148,850		$	698,440		$	(764,277	)	$	644,481
Cash flows provided by (used in) investing activities:
Proceeds from sale of fixed maturities and short-term investments	$	—		$	1,482,875		$	15,745,247		$	(359,894	)	$	16,868,228
Proceeds from redemption of fixed maturities and short-term investments	—			188,788			3,562,386			—			3,751,174
Proceeds from sale of equity securities	—			—			664,735			—			664,735
Purchases of fixed maturities and short-term investments	—			(1,296,980		)	(18,780,978		)	359,894			(19,718,064		)
Purchases of equity securities	—			—			(567,334		)	—			(567,334		)
Proceeds from sale of affiliates	—			—			748,575			—			748,575
Purchases of affiliates	—			—			(280,856		)	—			(280,856		)
Purchase of subsidiaries, net of acquired cash	(2,287,579		)	(2,317,699		)	1,267,564			2,317,699			(1,020,015		)
Proceeds from sale of subsidiary, net of cash sold	2,317,699			—			—			(2,317,699		)	—
Returns of capital from subsidiaries	65,037			2,047,000			—			(2,112,037		)	—
Change in restricted cash	—			—			(154,992		)	—			(154,992		)
Other, net	—			—			(155,019		)	—			(155,019		)
Net cash provided by (used in) investing activities	$	95,157		$	103,984		$	2,049,328		$	(2,112,037	)	$	136,432
Cash flows provided by (used in) financing activities:
Proceeds from issuance of common shares and exercise of stock options	$	9,976		$	—		$	—		$	—		$	9,976
Buybacks of common shares	(468,971		)	—			—			—			(468,971		)
Employee withholding on share-based compensation	—			—			(28,925		)	—			(28,925		)
Dividends paid on common shares	(208,516		)	(764,277		)	—			764,277			(208,516		)
Return of capital	—			(65,037		)	(2,047,000		)	2,112,037			—
Distributions to non-controlling interests	—			(77,093		)	(40,590		)	—			(117,683		)
Contributions from non-controlling interests	—			—			23,610			—			23,610
Proceeds from issuance of debt	—			980,600			—			—			980,600
Repayment of debt	—			—			(87,447		)	—			(87,447		)
Deposit liabilities	—			—			(84,758		)	—			(84,758		)
Net cash provided by (used in) financing activities	$	(667,511	)	$	74,193		$	(2,265,110	)	$	2,876,314		$	17,886
Effects of exchange rate changes on foreign currency cash	—			—			(64,377		)	—			(64,377		)
Increase (decrease) in cash and cash equivalents	$	(10,886	)	$	327,027		$	418,281		$	—		$	734,422
Cash and cash equivalents – beginning of period	22,443			42,970			2,456,401			—			2,521,814
Cash and cash equivalents – end of period	$	11,557		$	369,997		$	2,874,682		$	—		$	3,256,236