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Accumulated Other Comprehensive Income (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Accumulated Other Comprehensive Income    
Schedule of changes in accumulated other comprehensive income (AOCI)

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 

 

    

2019

    

2018

 

 

 

(in thousands)

Balance as of January 1

 

$

(563)

 

$

2,993

Effect of equity accounting guidance adoption

 

 

 —

 

 

(3,215)

Beginning Balance

 

 

(563)

 

 

(222)

Other comprehensive income (loss) before reclassification

 

 

8,090

 

 

(1,544)

Federal income tax (expense) benefit

 

 

(1,666)

 

 

47

Other comprehensive income (loss) before reclassification, net of tax

 

 

6,424

 

 

(1,497)

Amounts reclassified from AOCI

 

 

44

 

 

245

Federal income tax expense

 

 

(9)

 

 

(47)

Amounts reclassified from AOCI, net of tax

 

 

35

 

 

198

Other comprehensive income (loss)

 

 

6,459

 

 

(1,299)

Balance at end of period

 

$

5,896

 

$

(1,521)

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

    

2018

    

2017

    

2016

 

 

(in thousands)

Balance as of January 1

 

$

2,993

 

$

1,017

 

$

(459)

Effect of equity accounting guidance adoption

 

 

(3,215)

 

 

 —

 

 

 —

Beginning Balance

 

 

(222)

 

 

1,017

 

 

(459)

Other comprehensive (loss) income before reclassification

 

 

(740)

 

 

2,834

 

 

2,708

Federal income (taxes) benefit

 

 

76

 

 

(772)

 

 

(899)

Other comprehensive (loss) income before reclassification, net of tax

 

 

(664)

 

 

2,062

 

 

1,809

Amounts reclassified from AOCI

 

 

399

 

 

(608)

 

 

(499)

Federal income (taxes) benefit

 

 

(76)

 

 

68

 

 

166

Amounts reclassified from AOCI, net of tax

 

 

323

 

 

(540)

 

 

(333)

Other comprehensive (loss) income

 

 

(341)

 

 

1,522

 

 

1,476

Effect of new tax rates from Tax Reform

 

 

 —

 

 

454

 

 

 —

Balance as of December 31

 

$

(563)

 

$

2,993

 

$

1,017