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Significant Accounting Policies and Pronouncements - Adoption of New Accounting Pronouncements - Impact of DAC Restatement IS (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUES                      
Total revenues $ 310,807 $ 280,135 $ 375,418 $ 313,201 $ 335,148 $ 413,949 $ 402,919 $ 370,862 $ 1,279,561 $ 1,522,878 [1] $ 1,574,025 [1]
BENEFITS AND EXPENSES                      
Amortization of deferred policy acquisition costs                 (188,042) 716,088 [1] 178,669 [1]
General, administrative and other expenses                 424,764 442,062 [1] 449,351 [1]
Total benefits and expenses 55,114 (131,867) 716,619 (217,998) 138,059 1,133,796 358,357 210,284 421,868 1,840,496 [1] 1,040,729 [1]
INCOME FROM OPERATIONS BEFORE INCOME TAXES 255,693 412,002 (341,201) 531,199 197,089 (719,847) 44,562 160,578 857,693 (317,618) [1] 533,296 [1]
Income tax expense                 223,634 (166,063) [1] 119,506 [1]
NET INCOME 189,112 309,747 (237,147) 372,347 132,003 (439,731) 34,652 121,521 634,059 (151,555) [1] 413,790 [1]
Restatement Adjustment [Member]
                     
REVENUES                      
Total revenues                   0 0
BENEFITS AND EXPENSES                      
Amortization of deferred policy acquisition costs                   (98,043) (23,899)
General, administrative and other expenses                   4,605 35,885
Total benefits and expenses                   (93,438) 11,986
INCOME FROM OPERATIONS BEFORE INCOME TAXES                   93,438 (11,986)
Income tax expense                   32,703 (4,195)
NET INCOME                   60,735 (7,791)
Scenario, Previously Reported [Member]
                     
REVENUES                      
Total revenues                   1,522,878 [1] 1,574,025 [1]
BENEFITS AND EXPENSES                      
Amortization of deferred policy acquisition costs                   814,131 [1] 202,568 [1]
General, administrative and other expenses                   437,457 [1] 413,466 [1]
Total benefits and expenses                   1,933,934 [1] 1,028,743 [1]
INCOME FROM OPERATIONS BEFORE INCOME TAXES                   (411,056) [1] 545,282 [1]
Income tax expense                   (198,766) [1] 123,701 [1]
NET INCOME                   $ (212,290) [1] $ 421,581 [1]
[1] “As previously reported” column represents balances reported in the Annual Report on Form 10-K for the year ended December 31, 2011, originally filed with the SEC on March 9, 2012. “As currently reported” column was included in the 8-K filed with the SEC on November 28, 2012.