XML 40 R26.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Values of Financial Instruments (Fair Values and Carrying Amounts of Financial Instruments) (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Fixed maturity securities, available for sale, fair value $ 50,738,792 $ 51,580,490
Derivative instruments 672,958 1,355,989
Other investments 479,099 492,301
Coinsurance deposits (net of allowance for credit losses of $3,948 as of 2020 and $0 as of 2019) 4,962,859 5,115,013
Liabilities    
Policy benefit reserves 61,669,232 61,893,945
Carrying Amount    
Assets    
Fixed maturity securities, available for sale, fair value 50,738,792 51,580,490
Mortgage loans on real estate 3,958,233 3,448,793
Derivative instruments 672,958 1,355,989
Other investments 479,099 492,301
Cash and cash equivalents 2,408,635 2,293,392
Coinsurance deposits (net of allowance for credit losses of $3,948 as of 2020 and $0 as of 2019) 4,962,859 5,115,013
Liabilities    
Policy benefit reserves 61,312,957 61,540,992
Single premium immediate annuity (SPIA) benefit reserves 243,910 255,698
Notes payable 495,388 495,116
Subordinated debentures 77,964 157,265
Carrying Amount | Interest Rate Caps    
Assets    
Interest rate derivative assets 0 6
Fair Value    
Assets    
Fixed maturity securities, available for sale, fair value 50,738,792 51,580,490
Mortgage loans on real estate 4,044,873 3,536,446
Derivative instruments 672,958 1,355,989
Other investments 479,099 492,301
Cash and cash equivalents 2,408,635 2,293,392
Coinsurance deposits (net of allowance for credit losses of $3,948 as of 2020 and $0 as of 2019) 4,527,374 4,635,926
Liabilities    
Policy benefit reserves 51,865,732 51,800,247
Single premium immediate annuity (SPIA) benefit reserves 251,599 263,773
Notes payable 543,520 541,520
Subordinated debentures 74,084 168,357
Fair Value | Interest Rate Caps    
Assets    
Interest rate derivative assets $ 0 $ 6