ACCUMULATED OTHER COMPREHENSIVE INCOME

12 Months Ended

Dec. 31, 2013

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME

4. ACCUMULATED OTHER COMPREHENSIVE INCOME

Accumulated other comprehensive income includes changes in unrealized gains and losses on available for sale and other invested assets as follows:

	2013									2012
	Before Tax			Income Tax			Net			Before Tax			Income Tax			Net
Accumulated unrealized gains, net on investments available for sale, beginning of period	$	251,796		$	85,614		$	166,182		$	74,876		$	25,460		$	49,416
Other comprehensive income (loss) before reclassification		(166,208	)		(56,513	)		(109,695	)		217,225			73,856			143,369
Reclassification adjustment for realized investment gains (losses), net included in realized gains on investments, net											(40,305	)		(13,702	)		(26,603	)
Effect on other comprehensive income (loss)		(166,208	)		(56,513	)		(109,695	)		176,920			60,154			116,766
Accumulated unrealized gains, net, on investments available for sale, end of period	$	85,588		$	29,101		$	56,487		$	251,796		$	85,614		$	166,182
Accumulated unrealized gains (losses), net, on interest rate swap,beginning of period	$	(41,275	)	$	(14,034	)	$	(27,241	)	$	(16,354	)	$	(5,560	)	$	(10,794	)
Other comprehensive income before reclassification		(14,343	)		(4,877	)		(9,466	)		(30,821	)		(10,479	)		(20,342	)
Reclassification adjustment for realized interest swap loss, net included in realized gains on investments, net											5,900			2,005			3,895
Effect on other comprehensive income (loss)		(14,343	)		(4,877	)		(9,466	)		(24,921	)		(8,474	)		(16,447	)
Accumulated unrealized gains, net, on investments available for sale, end of period	$	(55,618	)	$	(18,911	)	$	(36,707	)	$	(41,275	)	$	(14,034	)	$	(27,241	)
Accumulated other comprehensive income, beginning of period	$	210,521		$	71,580		$	138,941		$	58,522		$	19,900		$	38,622
Change in unrealized gains (losses), net, on investments available for sale		(166,208	)		(56,513	)		(109,695	)		176,920			60,154			116,766
Change in unrealized gains (losses), net, on interest rate swap		(14,343	)		(4,877	)		(9,466	)		(24,921	)		(8,474	)		(16,447	)
Effect on other comprehensive income		(180,551	)		(61,390	)		(119,161	)		151,999			51,680			100,319
Accumulated other comprehensive income, end of period	$	29,970		$	10,190		$	19,780		$	210,521		$	71,580		$	138,941

	2011
	Before Tax			Income Tax			Net
Accumulated unrealized gains, net on investments available for sale, beginning of period	$	12,336		$	4,196		$	8,140
Other comprehensive income (loss) before reclassification		16,364			5,564			10,800
Conversion of Held-to-Maturity to Available-for-Sale		63,617			21,630			41,987
Reclassification adjustment for realized investment gains (losses), net included in realized gains on investments, net		(17,441	)		(5,930	)		(11,511	)
Effect on other comprehensive income (loss)		62,540			21,264			41,276
Accumulated unrealized gains, net, on investments available for sale, end of period	$	74,876		$	25,460		$	49,416
Accumulated unrealized gains (losses), net, on interest rate swap,beginning of period	$	(27,639	)	$	(9,397	)	$	(18,242	)
Other comprehensive income before reclassification		11,285			3,837			7,448
Reclassification adjustment for realized interest swap loss, net included in realized gains on investments, net
Effect on other comprehensive income (loss)		11,285			3,837			7,448
Accumulated unrealized gains, net, on investments available for sale, end of period	$	(16,354	)	$	(5,560	)	$	(10,794	)
Accumulated other comprehensive income, beginning of period	$	(15,303	)	$	(5,201	)	$	(10,102	)
Change in unrealized gains (losses), net, on investments available for sale		62,540			21,264			41,276
Change in unrealized gains (losses), net, on interest rate swap		11,285			3,837			7,448
Effect on other comprehensive income		73,825			25,101			48,724
Accumulated other comprehensive income, end of period	$	58,522		$	19,900		$	38,622