XML 80 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statement of Operations and Comprehensive Income (Loss) (Successor) and Statements of Operations and Comprehensive Income (Loss)(Predecessor) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2014
Mar. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues        
Premiums earned $ 20,384us-gaap_PremiumsEarnedNet      
Fee income from policyholders 259,169us-gaap_FeesAndCommissions      
Net investment income 288,571us-gaap_NetInvestmentIncome      
Realized investment gains, net 46,092us-gaap_RealizedInvestmentGainsLosses      
Total revenues 614,216us-gaap_Revenues      
Expenses        
Policyholder benefits 216,543us-gaap_PolicyholderBenefitsAndClaimsIncurredNet      
Return credited to policyholders' account balances 256,703us-gaap_InterestCreditedToPolicyholdersAccountBalances      
Operating and acquisition expenses 96,050us-gaap_OtherCostAndExpenseOperating      
Total expenses 569,296us-gaap_BenefitsLossesAndExpenses      
Income Before Federal Income Tax 44,920us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest      
Federal Income Tax Expense (Benefit)        
Deferred 14,234us-gaap_DeferredIncomeTaxExpenseBenefit      
Total income tax expense 14,234us-gaap_IncomeTaxExpenseBenefit      
NET INCOME 30,686us-gaap_NetIncomeLoss      
Net unrealized investment gains (losses):        
Unrealized investment gains (losses) for the period 131,433us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax      
Net unrealized investment gains (losses) 131,433us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax      
Less: Income tax (benefit) related to:        
Unrealized investment gains (losses) for the period (45,935)us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax      
Net unrealized investment gains (losses) (45,935)us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax      
Other comprehensive (loss) income 85,498us-gaap_OtherComprehensiveIncomeLossNetOfTax      
Comprehensive (loss) income 116,184us-gaap_ComprehensiveIncomeNetOfTax      
Predecessor        
Revenues        
Net investment income   2,350us-gaap_NetInvestmentIncome
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
10,935us-gaap_NetInvestmentIncome
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
11,590us-gaap_NetInvestmentIncome
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Realized investment gains, net   285us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
  626us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total revenues   2,635us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
10,935us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
12,216us-gaap_Revenues
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Expenses        
Income Before Federal Income Tax   2,635us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
10,935us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
12,216us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Federal Income Tax Expense (Benefit)        
Current   914us-gaap_CurrentIncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
3,902us-gaap_CurrentIncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
4,145us-gaap_CurrentIncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Deferred   8us-gaap_DeferredIncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(77)us-gaap_DeferredIncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
128us-gaap_DeferredIncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total income tax expense   922us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
3,825us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
4,273us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
NET INCOME   1,713us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
7,110us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
7,943us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net unrealized investment gains (losses):        
Unrealized investment gains (losses) for the period   2,364us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(15,281)us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
977us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Reclassification adjustment for (gains) losses included in net income   285us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
1us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
596us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net unrealized investment gains (losses)   2,079us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(15,282)us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
381us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Less: Income tax (benefit) related to:        
Unrealized investment gains (losses) for the period   (828)us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
5,349us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(343)us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Reclassification adjustment for (gains) losses included in net income   (100)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
  (209)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net unrealized investment gains (losses)   (728)us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
5,349us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(134)us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other comprehensive (loss) income   1,351us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(9,933)us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
247us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Comprehensive (loss) income   $ 3,064us-gaap_ComprehensiveIncomeNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
$ (2,823)us-gaap_ComprehensiveIncomeNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
$ 8,190us-gaap_ComprehensiveIncomeNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember