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FAIR VALUE OF FINANCIAL INSTRUMENTS - Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Carrying amounts and estimated fair values of the Company's financial instruments    
Capital Lease Obligations $ 1,700  
Assets:    
Mortgage loans on real estate 6,817,723 $ 6,132,125
Policy loans 1,615,615 1,650,240
Fixed maturities, held-to-maturity 2,718,904 2,770,177
Liabilities:    
Stable value product account balances 4,698,371 3,501,636
Annuity account balances 10,921,190 10,642,115
Other policyholders' funds 1,267,198 1,165,749
Debt:    
Subordinated debt securities 495,289 441,202
Non-recourse funding obligations 2,747,477 2,796,474
Golden Gate V    
Debt:    
Non-recourse funding obligations 681,285 628,025
Carrying Amounts    
Assets:    
Mortgage loans on real estate 6,817,723 6,132,125
Policy loans 1,615,615 1,650,240
Fixed maturities, held-to-maturity 2,718,904 2,770,177
Liabilities:    
Stable value product account balances 4,698,371 3,501,636
Annuity account balances 220,498 221,634
Other policyholders' funds 133,508 135,367
Debt:    
Bank borrowings 0 170,000
Senior Notes 943,370 993,285
Subordinated debt securities 495,289 441,202
Non-recourse funding obligations 2,747,477 2,796,474
Carrying Amounts | Golden Gate V    
Debt:    
Non-recourse funding obligations 2,700,000 2,700,000
Fair Values | Golden Gate V    
Debt:    
Non-recourse funding obligations 2,800,000 2,700,000
Fair Values | Level 3    
Assets:    
Mortgage loans on real estate 6,740,177 5,930,992
Policy loans 1,615,615 1,650,240
Fixed maturities, held-to-maturity 2,776,327 2,733,340
Liabilities:    
Stable value product account balances 4,698,868 3,488,877
Annuity account balances 220,498 221,658
Other policyholders' funds 134,253 136,127
Debt:    
Bank borrowings 0 170,000
Non-recourse funding obligations 2,804,983 2,765,558
Fair Values | Level 2    
Debt:    
Senior Notes 933,926 937,074
Subordinated debt securities $ 501,215 $ 443,355