XML 37 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net Investment Income (Tables)
 9 Months Ended
Sep. 30, 2012
Net Investment Income [Abstract]  
Net Investment Income [Table Text Block]
Net investment income consists of the following:
 
 
For the Three Months Ended
 
For the Nine Months Ended
 
September 30,
 
September 30,
(Dollars in thousands)
2012
 
2011
 
2012
 
2011
Investment income (losses) earned on:
 
 
 
 
 
 
 
Fixed maturity securities, including cash and cash equivalents and loans receivable
$
121,454

 
$
120,252

 
$
360,577

 
$
365,365

Investment funds
(13,118
)
 
(10,820
)
 
50,124

 
21,069

Arbitrage trading account
2,397

 
(346
)
 
8,938

 
10,696

Equity securities available for sale
4,001

 
2,795

 
10,980

 
9,544

Real estate
3,097

 
2,848

 
8,621

 
5,192

Gross investment income
117,831

 
114,729

 
439,240

 
411,866

 
 
 
 
 
 
 
 
Investment expense
(1,812
)
 
(666
)
 
(4,352
)
 
(2,605
)
Net investment income
$
116,019

 
$
114,063

 
$
434,888

 
$
409,261