DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

Summary operating results of discontinued operations were as follows for the periods indicated:

Discontinued Operations
Statements of Income
	For the Years Ended December 31,
(In Thousands, Except Share Data)	2019		2018			2017
Revenues
Net premiums earned	$	—	$	13,003		$	61,368
Investment income, net of investment expenses	—		12,663			49,720
Total net realized investment gains (losses)	—		(1,057		)	4,008
Other income	—		146			617
Total revenues	$	—	$	24,755		$	115,713
Benefits, Losses and Expenses
Losses and loss settlement expenses	$	—	$	10,823		$	40,451
Increase in liability for future policy benefits	—		5,023			27,632
Amortization of deferred policy acquisition costs	—		1,895			5,181
Other underwriting expenses	—		3,864			13,281
Interest on policyholders’ accounts	—		4,499			18,525
Total benefits, losses and expenses	$	—	$	26,104		$	105,070
Income (loss) from discontinued operations before income taxes	$	—	$	(1,349	)	$	10,643
Federal income tax expense	—		563			4,490
Net income (loss) from discontinued operations	$	—	$	(1,912	)	$	6,153
Earnings (loss) per common share from discontinued operations:
Basic	$	—	$	(0.08	)	$	0.24
Diluted	—		(0.07		)	0.24