OTHER COMPREHENSIVE INCOME (Tables)

3 Months Ended

Mar. 31, 2017

Equity [Abstract]

TAX EFFECTS ALLOCATED TO EACH COMPONENT OF OTHER COMPREHENSIVE INCOME

The tax effects allocated to each component of other comprehensive income were as follows:

	2017							2016
	Before Tax Amount		Tax Expense			Net of Tax Amount		Before Tax Amount		Tax Expense			Net of Tax Amount
Three months ended March 31,
Available for sale investments:
Unrealized investment gains arising during the period	$	70,372	$	(2,669	)	$	67,703	$	148,831	$	(10,197	)	$	138,634
Adjustment for reclassification of net realized investment losses and OTTI losses recognized in net income	25,759		(791		)	24,968		63,992		(4,711		)	59,281
Unrealized investment gains arising during the period, net of reclassification adjustment	96,131		(3,460		)	92,671		212,823		(14,908		)	197,915
Non-credit portion of OTTI losses	—		—			—		—		—			—
Foreign currency translation adjustment	29,869		—			29,869		8,196		—			8,196
Total other comprehensive income	$	126,000	$	(3,460	)	$	122,540	$	221,019	$	(14,908	)	$	206,111

RECLASSIFICATIONS OUT OF AOCI INTO NET INCOME AVAILABLE TO COMMON SHAREHOLDERS

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	Three months ended March 31,
		2017			2016
Unrealized investment gains (losses) on available for sale investments
	Other realized investment losses	$	(19,206	)	$	(54,263	)
	OTTI losses	(6,553		)	(9,729		)
	Total before tax	(25,759		)	(63,992		)
	Income tax expense	791			4,711
	Net of tax	$	(24,968	)	$	(59,281	)
Foreign currency translation adjustment
	Foreign exchange loss	$	(24,149	)	$	—
	Income tax expense	—			—
	Net of tax	$	(24,149	)	$	—

(1) Amounts in parentheses are debits to net income available to common shareholders.