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5. Demutualization and Closed Block (Details) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Jun. 25, 2011
Dec. 31, 2011
As restated and amended [Member]
Debt securities $ 6,424.1 $ 4,773.1 $ 6,323.5
Equity securities 9.4    12.6
Limited partnerships and other investments 342.3 399.0 338.0
Policy loans 1,249.6 1,380.0 1,280.4
Fair value investments 33.0    27.8
Total closed block investments 8,058.4 6,552.1 7,982.3
Cash and cash equivalents 30.8    15.1
Accrued investment income 91.1 106.8 94.2
Receivables 74.0 35.2 68.8
Deferred income taxes, net 231.2 389.4 226.8
Other closed block assets 49.3 6.2 39.2
Total closed block assets 8,534.8 7,089.7 8,426.4
Policy liabilities and accruals 8,487.2 8,301.7 8,680.4
Policyholder dividends payable 235.1 325.1 241.0
Policy dividend obligation 755.8    511.5
Other closed block liabilities 63.8 12.3 41.0
Total closed block liabilities 9,541.9 8,639.1 9,473.9
Excess of closed block liabilities over closed block assets(1) 1,007.0 1,549.4 1,047.5
Less: Excess of closed block assets over closed block liabilities attributable to noncontrolling interests (4.1)   (1.4)
Excess of closed block liabilities over closed block assets attributable to The Phoenix Companies, Inc. $ 1,011.2   $ 1,048.9