NET RESULTS OF CONSOLIDATED ENTITIES (Tables)

12 Months Ended

Dec. 31, 2015

Net Gain (Loss) From Activities Of Consolidated Entities

Summary of components of the entity's net gain (loss) on activities of Consolidated Entities

The following table is a summary of net results of the Consolidated Entities:

	For the Year Ended December 31,
	2015			2014
	(In thousands)
Investment income	$	25,106		$	517,252
Interest expense	9,904			171,931
Net investment income	15,202			345,321
Net gain (loss) on investments	(26,114		)	(228,777		)
Net gain (loss) on liabilities	24,746			(8,996		)
Net gain (loss) on other investments and derivatives	2,970			2,031
Net gain (loss) from activities of Consolidated Entities	$	16,804		$	109,579
Expenses of Consolidated Entities	10,774			40,074
Net Results of Consolidated Entities	$	6,030		$	69,505