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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Premiums $ 9,230 $ 14,677
Universal life and investment-type product policy fees 25,795 25,557
Net investment income 21,408 13,600
Other revenues (12,671) (3,806)
Net investment gains (losses):    
Other-than-temporary impairments on fixed maturity securities 0 (870)
Other net investment gains (losses) (737) (819)
Total net investment gains (losses) (737) (1,689)
Net derivative gains (losses) (131,536) 50,040
Total revenues (88,511) 98,379
Expenses    
Expenses (1,783) 11,954
Policyholder benefits and claims and policyholder dividends 9,674 10,712
Deferred Policy Acquisition Costs and Present Value of Future Profits, Amortization (25,576) 13,695
Other expenses 18,222 15,340
Total expenses 537 51,701
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (89,048) 46,678
Provision for income tax expense (benefit) (32,474) 14,795
Net income (loss) (56,574) 31,883
Comprehensive income (loss) $ (52,463) $ 57,017