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OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
TAX EFFECTS ALLOCATED TO EACH COMPONENT OF OTHER COMPREHENSIVE INCOME
The following table presents the tax effects allocated to each component of other comprehensive income (loss):
 
 
2019
 
2018
 
 
 
Before tax amount
 
Tax (expense) benefit
 
Net of tax amount
 
Before tax amount
 
Tax (expense) benefit
 
Net of Tax Amount
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended September 30,
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized investment gains (losses) arising during the period
$
45,939

 
$
(6,370
)
 
$
39,569

 
$
(27,968
)
 
$
1,907

 
$
(26,061
)
 
 
Adjustment for reclassification of net realized investment (gains) losses and OTTI losses recognized in net income
(16,446
)
 
1,638

 
(14,808
)
 
26,896

 
(972
)
 
25,924

 
 
Unrealized investment gains (losses) arising during the period, net of reclassification adjustment
29,493

 
(4,732
)
 
24,761

 
(1,072
)
 
935

 
(137
)
 
 
Non-credit portion of OTTI losses
—

 
—

 
—

 
—

 
—

 
—

 
 
Foreign currency translation adjustment
(4,610
)
 
—

 
(4,610
)
 
994

 
—

 
994

 
 
Total other comprehensive income (loss), net of tax
$
24,883

 
$
(4,732
)
 
$
20,151

 
$
(78
)
 
$
935

 
$
857

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30,
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized investment gains (losses) arising during the period
$
399,652

 
$
(38,432
)
 
$
361,220

 
$
(266,117
)
 
$
8,596

 
$
(257,521
)
 
 
Adjustment for reclassification of net realized investment (gains) losses and OTTI losses recognized in net income
(10,713
)
 
2,290

 
(8,423
)
 
79,552

 
(2,363
)
 
77,189

 
 
Unrealized investment gains (losses) arising during the period, net of reclassification adjustment
388,939

 
(36,142
)
 
352,797

 
(186,565
)
 
6,233

 
(180,332
)
 
 
Non-credit portion of OTTI losses
—

 
—

 
—

 
—

 
—

 
—

 
 
Foreign currency translation adjustment
609

 
—

 
609

 
(6,864
)
 
—

 
(6,864
)
 
 
Total other comprehensive income (loss), net of tax
$
389,548

 
$
(36,142
)
 
$
353,406

 
$
(193,429
)
 
$
6,233

 
$
(187,196
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

    
DETAILS OF AMOUNTS RECLASSIFIED FROM AOCI TO NET INCOME (LOSS)
The following table presents details of amounts reclassified from accumulated other comprehensive income ("AOCI") to net income (loss):
 
 
 
Amount reclassified from AOCI(1)
 
 
Details about AOCI Components
Consolidated statement of operations line item that includes reclassification
Three months ended September 30,
 
Nine months ended September 30,
 
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized investment gains (losses) on available for sale investments
 
 
 
 
 
 
 
 
 
 
 
Other realized investment gains (losses)
$
17,904

 
$
(21,350
)
 
$
17,041

 
$
(71,918
)
 
 
 
OTTI losses
(1,458
)
 
(5,546
)
 
(6,328
)
 
(7,634
)
 
 
 
Total before tax
16,446

 
(26,896
)
 
10,713

 
(79,552
)
 
 
 
Income tax (expense) benefit
(1,638
)
 
972

 
(2,290
)
 
2,363

 
 
 
Net of tax
$
14,808

 
$
(25,924
)
 
$
8,423

 
$
(77,189
)
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Amounts in parentheses are charges to net income (loss).