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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Affiliated Notes Receivable
Affiliated notes receivable included in "Receivables from parent and affiliates" at December 31, were as follows:
 
Maturity Dates
 
Interest Rates
 
2018
 
2017
 
 
 
 
 
 
 
 
 
(in thousands)
U.S. dollar floating rate notes
 
 
2028
 
3.83%
-
4.25
%
 
$
34,008

 
$
34,268

U.S. dollar fixed rate notes
2027
-
2027
 
8.15%
-
14.85
%
 
3,184

 
3,877

Total long-term notes receivable - affiliated(1)
 
 
 
 
 
 
 
 
$
37,192

 
$
38,145


(1)
All long-term notes receivable may be called for prepayment prior to the respective maturity dates under specified circumstances.
Affiliated Asset Transfers
The table below shows affiliated asset trades for the years ended December 31, 2018 and 2017:
Affiliate
 
Date
 
Transaction  
 
Security Type  
 
Fair Value  
 
Book Value  
 
APIC, Net
of Tax
Increase/
(Decrease)
 
Realized
Investment
Gain/
(Loss), Net of Tax
 
 
 
 
 
 
 
 
(in thousands)
Pruco Life
 
January 2017
 
Sale
 
Fixed Maturities
 
$
29

 
$
29

 
$
0

 
$
0

Prudential Insurance
 
October 2017
 
Sale
 
Commercial Mortgages
 
$
131,953

 
$
128,529

 
$
0

 
$
2,226

Gibraltar Universal Life Reinsurance Company
 
October 2017
 
Purchase
 
Fixed Maturities
 
$
113,686

 
$
96,583

 
$
0

 
$
(11,117
)
Prudential Insurance
 
December 2017
 
Purchase
 
Other long-term investments - Derivatives
 
$
171,363

 
$
171,363

 
$
0

 
$
0

Prudential Insurance
 
December 2017
 
Sale
 
Fixed Maturities
 
$
13,793

 
$
7,113

 
$
0

 
$
4,342

Prudential Insurance
 
February 2018
 
Purchase
 
Fixed Maturities
 
$
136,963

 
$
136,963

 
$
0

 
$
0

Pruco Life Insurance Company of Arizona
 
April 2018
 
Sale
 
Fixed Maturities
 
$
64,313

 
$
64,514

 
$
0

 
$
(159
)
Prudential Insurance
 
April 2018
 
Sale
 
Fixed Maturities
 
$
57,747

 
$
43,434

 
$
0

 
$
11,308

Prudential Insurance
 
May 2018
 
Sale
 
Fixed Maturity & Commercial Mortgages
 
$
162,111

 
$
159,237

 
$
0

 
$
2,271

Passaic Fund LLC
 
June 2018
 
Transfer Out
 
Other Invested Assets - Privates
 
$
15,281

 
$
15,281

 
$
0

 
$
0

Prudential Insurance
 
July 2018
 
Sale
 
Fixed Maturities
 
$
11,160

 
$
9,277

 
$
0

 
$
1,488

Prudential Insurance
 
August 2018
 
Sale
 
Commercial Mortgages
 
$
13,414

 
$
13,165

 
$
0

 
$
196

Prudential Insurance
 
December 2018
 
Purchase
 
Fixed Maturities
 
$
33,256


$
33,166


$
0


$
(71
)
Prudential Agricultural Investors LP
 
December 2018
 
Transfer Out
 
Other Invested Assets - Privates
 
$
7,324


$
7,324


$
0


$
0

Debt Agreements
The following table provides the breakout of the Company's short and long-term debt to affiliates:
Affiliate
 
Date
Issued
 
Amount of Notes - December 31, 2018
 
Amount of Notes - December 31, 2017
 
Interest Rate  
 
Date of Maturity  
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
Prudential Insurance
 
4/20/2016
 
0

 
18,734

 
 
 
2.60
%
 
 
 
12/15/2018
Prudential Insurance
 
4/20/2016
 
0

 
25,000

 
 
 
2.60
%
 
 
 
12/15/2018
Prudential Insurance
 
4/20/2016
 
46,835

 
46,835

 
 
 
2.80
%
 
 
 
6/20/2019
Prudential Insurance
 
4/20/2016
 
18,734

 
18,734

 
 
 
2.80
%
 
 
 
6/20/2019
Prudential Insurance
 
4/20/2016
 
37,468

 
37,468

 
 
 
3.64
%
 
 
 
12/6/2020
Prudential Insurance
 
4/20/2016
 
93,671

 
93,671

 
 
 
3.64
%
 
 
 
12/15/2020
Prudential Insurance
 
4/20/2016
 
103,039

 
103,039

 
 
 
3.64
%
 
 
 
12/15/2020
Prudential Insurance
 
4/20/2016
 
93,671

 
93,671

 
 
 
3.47
%
 
 
 
6/20/2021
Prudential Insurance
 
4/20/2016
 
93,671

 
93,671

 
 
 
4.39
%
 
 
 
12/15/2023
Prudential Insurance
 
4/20/2016
 
28,102

 
28,102

 
 
 
4.39
%
 
 
 
12/15/2023
Prudential Insurance
 
4/20/2016
 
37,468

 
37,468

 
 
 
3.95
%
 
 
 
6/20/2024
Prudential Insurance
 
4/20/2016
 
93,671

 
93,671

 
 
 
3.95
%
 
 
 
6/20/2024
Prudential Insurance
 
4/20/2016
 
46,835

 
46,835

 
 
 
3.95
%
 
 
 
6/20/2024
Prudential Insurance
 
6/28/2016
 
30,000

 
30,000

 
 
 
2.08
%
 
 
 
6/28/2019
Prudential Insurance
 
6/28/2016
 
50,000

 
50,000

 
 
 
3.49
%
 
 
 
6/28/2026
Prudential Insurance
 
6/28/2016
 
25,000

 
25,000

 
 
 
3.49
%
 
 
 
6/28/2026
Prudential Insurance
 
6/28/2016
 
26,000

 
26,000

 
 
 
2.59
%
 
 
 
6/28/2021
Prudential Insurance
 
6/28/2016
 
25,000

 
25,000

 
 
 
2.08
%
 
 
 
6/28/2019
Prudential Insurance
 
6/28/2016
 
20,000

 
20,000

 
 
 
2.08
%
 
 
 
6/28/2019
Prudential Insurance
 
6/28/2016
 
25,000

 
25,000

 
 
 
3.49
%
 
 
 
6/28/2026
Prudential Retirement Insurance & Annuity
 
6/28/2016
 
34,000

 
34,000

 
 
 
3.09
%
 
 
 
6/28/2023
Total Loans Payable to Affiliates
 
 
 
$
928,165

 
$
971,899