XML 113 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
OTHER COMPREHENSIVE INCOME (LOSS)
 12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
OTHER COMPREHENSIVE INCOME (LOSS) [Text Block]
The tax effects allocated to each component of other comprehensive income (loss) were as follows:
 
 
Before Tax Amount
 
Tax (Expense) Benefit
 
Net of Tax Amount
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2013
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
Unrealized investment losses arising during the period
$
(169,614
)
 
$
7,782

 
$
(161,832
)
 
 
Adjustment for reclassification of net realized investment gains and OTTI losses recognized in net income
(67,156
)
 
5,605

 
(61,551
)
 
 
Unrealized investment losses arising during the period, net of reclassification adjustment
(236,770
)
 
13,387

 
(223,383
)
 
 
Non-credit portion of OTTI losses
—

 
—

 
—

 
 
Foreign currency translation adjustment
(21,414
)
 
—

 
(21,414
)
 
 
Net change in benefit plan assets and obligations recognized in equity and reclassification adjustment
—

 
—

 
—

 
 
Total other comprehensive loss
$
(258,184
)
 
$
13,387

 
$
(244,797
)
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2012
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
Unrealized investment gains arising during the period
$
378,040

 
$
(29,530
)
 
$
348,510

 
 
Adjustment for reclassification of net realized investment gains and OTTI losses recognized in net income
(127,828
)
 
11,550

 
(116,278
)
 
 
Unrealized investment gains arising during the period, net of reclassification adjustment
250,212

 
(17,980
)
 
232,232

 
 
Non-credit portion of OTTI losses
—

 
—

 
—

 
 
Foreign currency translation adjustment
510

 
—

 
510

 
 
Net change in benefit plan assets and obligations recognized in equity and reclassification adjustment
1,718

 
—

 
1,718

 
 
Total other comprehensive income
$
252,440

 
$
(17,980
)
 
$
234,460

 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2011
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
Unrealized investment gains arising during the period
87,384

 
(13,087
)
 
74,297

 
 
Adjustment for reclassification of net realized investment gains and OTTI losses recognized in net income
(121,248
)
 
1,700

 
(119,548
)
 
 
Unrealized investment losses arising during the period, net of reclassification adjustment
(33,864
)
 
(11,387
)
 
(45,251
)
 
 
Non-credit portion of OTTI losses
(585
)
 
130

 
(455
)
 
 
Foreign currency translation adjustment
(3,045
)
 
—

 
(3,045
)
 
 
Net change in benefit plan assets and obligations recognized in equity and reclassification adjustment
92

 
—

 
92

 
 
Total other comprehensive loss
(37,402
)
 
(11,257
)
 
(48,659
)
 
 
 
 
 
 
 
 
 


Reclassifications out of AOCI into net income available to common shareholders were as follows:
 
 
 
Amount Reclassified from AOCI(1)
 
 
Details About AOCI Components
Consolidated Statement of Operations Line Item That Includes Reclassification
Year ended December 31,
 
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized appreciation on available for sale investments
 
 
 
 
 
 
 
 
 
 
Other realized investment gains
$
76,518

 
$
152,062

 
$
137,694

 
 
 
 
OTTI losses
(9,362
)
 
(24,234
)
 
(16,446
)
 
 
 
 
Total before tax
67,156

 
127,828

 
121,248

 
 
 
 
Tax expense
(5,605
)
 
(11,550
)
 
(1,700
)
 
 
 
 
Net of tax
$
61,551

 
$
116,278

 
$
119,548

 
 
 
 
 
 
 
 
 
 
 
 
 
Supplemental Executive Retirement Plans (SERPs)
 
 
 
 
 
 
 
 
 
Net change in benefit plan assets and obligations
General and administrative expenses
$
—

 
$
(1,718
)
 
$
(92
)
 
 
 
 
Tax benefit
—

 
—

 
—

 
 
 
 
Net of tax
$
—

 
$
(1,718
)
 
$
(92
)
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Amounts in parentheses are debits to net income available to common shareholders