Statements Of Operations And Comprehensive Income (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
REVENUES
Premiums	$ 28,648	$ 29,477	$ 13,431
Policy charges and fee income	824,808	741,190	392,753
Net investment income	306,010	377,109	494,733
Asset administration fees and other income	291,629	290,210	197,672
Realized investment gains (losses), net:
Other-than-temporary impairments on fixed maturity securities	(23,624)	(42,228)	(23,497)
Other-than-temporary impairments on fixed maturity securities transferred to Other Comprehensive Income	22,662	39,224	11,890
Other realized investment gains (losses), net	72,745	139,043	48,574
Total realized investment gains (losses), net	71,783	136,039	36,967
Total revenues	1,522,878	1,574,025	1,135,556
BENEFITS AND EXPENSES
Policyholders' benefits	128,149	40,911	4,414
Interest credited to policyholders' account balances	554,197	371,798	409,057
Amortization of deferred policy acquisition costs	814,131	202,568	319,806
General administrative and other expenses	437,457	413,466	370,162
Total benefits and expenses	1,933,934	1,028,743	1,103,439
Income (loss) from operations before income taxes	(411,056)	545,282	32,117
Income taxes:
Current	32,230	(28,619)	(239,796)
Deferred	(230,996)	152,320	188,355
Income tax (benefit) expenses	(198,766)	123,701	(51,441)
NET INCOME	(212,290)	421,581	83,558
Change in net unrealized investment gains (losses), net of taxes	(29,520)	48,894	146,971
COMPREHENSIVE INCOME (LOSS)	$ (241,810)	$ 470,475	$ 230,529