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Statement of Operations (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
REVENUES      
Premiums $ 28,019 $ 21,824 $ 28,648
Policy charges and fee income 809,242 796,995 824,808
Net investment income 217,883 277,651 306,010
Asset management fees and other income 239,489 266,321 291,629
Realized investment gains (losses), net:      
Other-than-temporary impairments on fixed maturity securities 0 (6,852) (23,624)
Other-than-temporary impairments on fixed maturity securities transferred to Other Comprehensive Income 0 6,594 22,662
Other realized investment gains (losses), net (184,351) (82,972) 72,745
Total realized investment gains (losses), net (184,351) (83,230) 71,783
TOTAL REVENUES 1,110,282 1,279,561 1,522,878
BENEFITS AND EXPENSES      
Policyholders' benefits 29,727 124,316 128,149
Interest credited to policyholders' account balances (117,027) 60,830 554,197
Amortization of deferred policy acquisition costs (385,561) (188,042) 716,088
General, administrative and other expenses 402,679 424,764 442,062
TOTAL BENEFITS AND EXPENSES (70,182) 421,868 1,840,496
INCOME FROM OPERATIONS BEFORE INCOME TAXES 1,180,464 857,693 (317,618)
IncomeTaxExpenseBenefitAbstract      
Current Income Tax Expense (Benefit) 36,759 26,637 32,230
Deferred Income Tax Expense (Benefit) 295,613 196,997 (198,293)
Income tax expense (benefit) 332,372 223,634 (166,063)
NET INCOME 848,092 634,059 (151,555)
Other Comprehensive Income (Loss), before Tax [Abstract]      
Foreign currency translation adjustments 5 10 0
Unrealized investment gains (losses) for the period (108,769) 2,734 29,991
Reclassification adjustment for (gains) losses included in net income (8,805) (23,387) (76,391)
Net unrealized investment gains (losses) (117,574) (20,653) (46,400)
Other comprehensive income (loss), before tax (117,569) (20,643) (46,400)
Other Comprehensive Income (Loss), Tax [Abstract]      
Other Comprehensive Income (Loss), Tax, Total (41,149) (7,218) (16,240)
Other Comprehensive Income (Loss), Net of Tax [Abstract]      
Other comprehensive income (loss) (76,420) (13,425) (30,160)
COMPREHENSIVE INCOME $ 771,672 $ 620,634 $ (181,715)