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Business and Basis of Presentation (Unaudited Interim Statement of Operations and Comprehensive Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2021
Sep. 30, 2020
REVENUES                
Other income (loss) $ (41,719)     $ 3,339 [1]     $ (555,728) $ 64,831 [1]
Realized investment gains (losses), net 5,080,691     (245,974)     7,372,863 (4,379,429)
TOTAL REVENUES 5,274,769     504,829     8,596,480 (2,112,038)
BENEFITS AND EXPENSES                
Policyholders’ benefits (241,771)     43,824     (215,754) 248,585
Interest credited to policyholders’ account balances 440,455     81,284     609,624 161,000
Commission expense 1,408,014     193,174     1,738,901 602,303
General, administrative and other expenses (90,076)     29,604     38,395 160,487
TOTAL BENEFITS AND EXPENSES 1,535,703     552,402     2,572,901 1,612,105
Income tax expense (benefit) 777,976     134,587     1,247,276 (964,981)
NET INCOME (LOSS) 2,961,090 $ (74,600) $ 1,889,813 $ (182,160) $ (1,756,214) $ (820,788) 4,776,303 $ (2,759,162)
Variable annuity | Impacts of recapture                
REVENUES                
Other income (loss) 1,000           1,000  
Realized investment gains (losses), net 5,142,000           5,142,000  
TOTAL REVENUES 5,143,000           5,143,000  
BENEFITS AND EXPENSES                
Policyholders’ benefits (257,000)           (257,000)  
Interest credited to policyholders’ account balances 399,000           399,000  
Commission expense 1,362,000           1,362,000  
General, administrative and other expenses (191,000)           (191,000)  
TOTAL BENEFITS AND EXPENSES 1,313,000           1,313,000  
INCOME (LOSS) FROM OPERATING BEFORE INCOME TAXES 3,830,000           3,830,000  
Income tax expense (benefit) 804,000           804,000  
NET INCOME (LOSS) $ 3,026,000           $ 3,026,000  
[1] Prior period amounts have been reclassified to conform to current period presentation.