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Accumulated Other Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Schedule of components of AOCI
The following table presents the changes in the components of Accumulated Other Comprehensive Income (“AOCI”) for the six months ended June 30, 2018 and 2017:
 
June 30, 2018
 
(dollars in thousands)
 
Unrealized gains (losses) on available-for-sale securities, net
Total Accumulated OCI Balance
Balance as of December 31, 2017
$
796,902

$
796,902

OCI before reclassifications
(131,157
)
(131,157
)
Amounts reclassified from AOCI
5,906

5,906

Net current period OCI
(125,251
)
(125,251
)
Balance as of June 30, 2018
$
671,651

$
671,651

 
 
June 30, 2017
 
(dollars in thousands)
 
Unrealized gains (losses) on available-for-sale securities, net
Total Accumulated OCI Balance
Balance as of December 31, 2016
$
718,106

$
718,106

OCI before reclassifications
37,744

37,744

Amounts reclassified from AOCI
24,433

24,433

Net current period OCI
62,177

62,177

Balance as of June 30, 2017
$
780,283

$
780,283

Schedule of reclassifications from AOCI
The following table presents the details of the reclassifications from AOCI for the six months ended June 30, 2018 and 2017:

 
June 30, 2018
June 30, 2017
 
Details about Accumulated OCI Components
Amounts Reclassified
from Accumulated OCI
Amounts Reclassified
from Accumulated OCI
Affected Line on the Consolidated Statements Of Operations
Unrealized gains and losses on available-for-sale securities
 
 
 
 
$
4,383

$
7,777

Net realized gains (losses) on sales of investments
 
(10,289
)
(32,210
)
Net other-than-temporary credit impairment losses
 
$
(5,906
)
$
(24,433
)
Income before income taxes
 


Income taxes
 
$
(5,906
)
$
(24,433
)
Net of tax