XML 74 R61.htm IDEA: XBRL DOCUMENT v3.8.0.1
FAIR VALUE OF FINANCIAL INSTRUMENTS - Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets:    
Mortgage loans on real estate $ 6,846,633 $ 6,817,723
Policy loans 1,594,642 1,615,615
Fixed maturities, held-to-maturity 2,699,826 2,718,904
Liabilities:    
Stable value product account balances 4,699,614 4,698,371
Annuity account balances 11,060,885 10,921,190
Other policyholders’ funds 1,114,823 1,267,198
Debt:    
Subordinated debt securities 495,324 495,289
Non-recourse funding obligations 2,728,689 2,747,477
Capital lease obligation 1,600  
Golden Gate V    
Debt:    
Non-recourse funding obligations 695,836 681,285
Carrying Amounts    
Assets:    
Fixed maturities, held-to-maturity 2,699,826 2,718,904
Level 3 | Carrying Amounts    
Assets:    
Mortgage loans on real estate 6,846,633 6,817,723
Policy loans 1,594,642 1,615,615
Liabilities:    
Stable value product account balances 4,699,614 4,698,371
Annuity account balances 220,307 220,498
Other policyholders’ funds 135,202 133,508
Debt:    
Bank borrowings 325,000 0
Non-recourse funding obligations 2,728,689 2,747,477
Level 3 | Carrying Amounts | Golden Gate V    
Debt:    
Non-recourse funding obligations 2,600,000 2,700,000
Level 3 | Fair Values    
Assets:    
Mortgage loans on real estate 6,646,782 6,740,177
Policy loans 1,594,642 1,615,615
Fixed maturities, held-to-maturity 2,674,129 2,776,327
Liabilities:    
Stable value product account balances 4,658,178 4,698,868
Annuity account balances 220,307 220,498
Other policyholders’ funds 135,921 134,253
Debt:    
Bank borrowings 325,000 0
Non-recourse funding obligations 2,706,594 2,804,983
Level 3 | Fair Values | Golden Gate V    
Debt:    
Non-recourse funding obligations 2,700,000 2,800,000
Level 2 | Carrying Amounts    
Debt:    
Senior Notes 769,776 943,370
Subordinated debt securities 495,324 495,289
Level 2 | Fair Values    
Debt:    
Senior Notes 751,951 933,926
Subordinated debt securities $ 486,595 $ 501,215