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Quarterly Results of Operations (Unaudited)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Quarterly Results of Operations (Unaudited) QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)
The unaudited quarterly results of operations for the years ended December 31, 2019 and 2018 are summarized in the table below:
 
Three Months Ended
 
March 31
 
June 30
 
September 30
 
December 31
 
(in thousands)
2019

 
 
 
 
 
 
Total revenues
$
(582,563
)
 
$
(103,779
)
 
$
272,685

 
$
864,964

Total benefits and expenses
296,641

 
404,277

 
558,773

 
472,044

Income (loss) from operations before income taxes
(879,204
)
 
(508,056
)
 
(286,088
)
 
392,920

Net income (loss)
$
(900,024
)
 
$
(168,770
)
 
$
(227,512
)
 
$
306,979

2018
 
 
 
 
 
 
 
Total revenues
$
1,331,262

 
$
769,260

 
$
826,028

 
$
988,030

Total benefits and expenses
539,327

 
517,619

 
561,865

 
451,549

Income (loss) from operations before income taxes
791,935

 
251,641

 
264,163

 
536,481

Net income (loss)
$
635,679

 
$
202,546

 
$
412,236

 
$
432,255