Accumulated Other Comprehensive Income

Activity in accumulated other comprehensive income is reflected in the Consolidated Statements of Comprehensive Income (Loss) and Consolidated Statements of Changes in Equity but not in the Consolidated Statements of Operations. A summary of accumulated other comprehensive income, net of taxes at March 31, 2017 and December 31, 2016 is as follows (in thousands):



	March 31, 2017			December 31, 2016

Net unrealized gains on available for sale securities	$	571,658		$	561,497
Net unrealized foreign exchange losses	(179,557		)	(184,829		)
Net change in instrument specific credit risk	(16,189		)	(6,494		)
Net minimum pension liability	(60,275		)	(59,477		)
	$	315,637		$	310,697

For the three months ended March 31, 2017 and 2016, significant amounts reclassified out of accumulated other comprehensive income to net income (loss) are as follows (in thousands):



Details about Accumulated Other Comprehensive Income Components	Amount Reclassified from Accumulated Other Comprehensive Income						Affected Line Item in the Consolidated Statements of Operations
	2017			2016

Net unrealized gains (losses) on available for sale securities, net of income tax provision (benefit) of $(11) and $14	$	(18	)	$	26		Net realized securities gains
Net unrealized foreign exchange losses, net of income tax provision of $1,097 and $0	(5,290		)	—			Other income
Amortization of defined benefit pension plan actuarial gains (losses), net of income tax benefit of $(204) and $(178)	(433		)	(400		)	Compensation and benefits, which includes pension expense.
Other pension, net of income tax benefit of $(1,231) and $0	1,231			—			Income tax provision (benefit)
Total reclassifications for the period, net of tax	$	(4,510	)	$	(374	)