Equity (Tables)

3 Months Ended

Mar. 31, 2017

Equity [Abstract]

Components of Accumulated Other Comprehensive Income (Loss)

Information regarding changes in the balances of each component of AOCI was as follows:

	Three Months   Ended   March 31, 2017
	Unrealized Investment Gains (Losses), Net of Related Offsets (1)			Unrealized Gains (Losses) on Derivatives			Total
	(In thousands)
Balance, beginning of period	$	1,340		$	3,067		$	4,407
OCI before reclassifications	5,460			(421		)	5,039
Deferred income tax benefit (expense)	(1,911		)	147			(1,764		)
AOCI before reclassifications, net of income tax	4,889			2,793			7,682
Amounts reclassified from AOCI	1,287			—			1,287
Deferred income tax benefit (expense)	(451		)	—			(451		)
Amounts reclassified from AOCI, net of income tax	836			—			836
Balance, end of period	$	5,725		$	2,793		$	8,518

	Three Months   Ended   March 31, 2016
	Unrealized Investment Gains (Losses), Net of Related Offsets (1)			Unrealized Gains (Losses) on Derivatives			Total
	(In thousands)
Balance, beginning of period	$	3,333		$	2,073		$	5,406
OCI before reclassifications	37,142			(146		)	36,996
Deferred income tax benefit (expense)	(12,999		)	51			(12,948		)
AOCI before reclassifications, net of income tax	27,476			1,978			29,454
Amounts reclassified from AOCI	1,671			—			1,671
Deferred income tax benefit (expense)	(585		)	—			(585		)
Amounts reclassified from AOCI, net of income tax	1,086			—			1,086
Balance, end of period	$	28,562		$	1,978		$	30,540

______________

(1) See Note 4 for information on offsets to investments related to DAC and DSI.

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Information regarding amounts reclassified out of each component of AOCI was as follows:

AOCI Components	Amounts Reclassified from AOCI						Statement of Operations and Comprehensive Income (Loss) Locations
	Three Months   Ended   March 31,
	2017			2016
	(In thousands)
Net unrealized investment gains (losses):
Net unrealized investment gains (losses)	$	(1,304	)	$	(1,671	)	Net investment gains (losses)
Net unrealized investment gains (losses)	17			—			Net investment income
Net unrealized investment gains (losses), before income tax	(1,287		)	(1,671		)
Income tax (expense) benefit	451			585
Net unrealized investment gains (losses), net of income tax	(836		)	(1,086		)
Total reclassifications, net of income tax	$	(836	)	$	(1,086	)