Quarterly Results Of Operations

12 Months Ended

Dec. 31, 2011

Quarterly Results Of Operations [Abstract]

Quarterly Results Of Operations

16. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The unaudited quarterly results of operations for the years ended December 31, 2011 and 2010 are summarized in the table below:

		0000000000		0000000000		0000000000			0000000000
	Three months ended
	March 31		June 30		September 30			December 31
	(in thousands)
2011
Total revenues	$	370,862	$	402,919	$	413,949		$	335,148
Total benefits and expenses		217,131		371,999		1,207,792			137,012
Income (loss) from operations before income taxes and cumulative effect of accounting change		153,731		30,920		(793,843	)		198,136
Net income (loss)	$	119,173	$	25,057	$	(489,203	)	$	132,683

		0000000000		0000000000			0000000000		0000000000
	Three months ended
	March 31		June 30			September 30		December 31
	(in thousands)
2010
Total revenues	$	352,362	$	419,159		$	351,875	$	450,629
Total benefits and expenses		324,969		738,557			3,504		(38,287	)
Income (loss) from operations before income taxes and cumulative effect of accounting change		27,393		(319,398	)		348,371		488,916
Net income (loss)	$	32,046	$	(191,643	)	$	234,593	$	346,585