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FAIR VALUE OF FINANCIAL INSTRUMENTS - Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Carrying amounts and estimated fair values of the Company's financial instruments    
Capital Lease Obligations $ 1,300 $ 1,700
Assets:    
Mortgage loans on real estate 7,724,733 6,817,723
Policy loans 1,695,886 1,615,615
Fixed maturities, held-to-maturity 2,633,474 2,718,904
Liabilities:    
Stable value product account balances 5,234,731 4,698,371
Annuity account balances 13,720,081 10,921,190
Other policyholders’ funds 1,128,379 1,267,198
Debt:    
Subordinated debt 605,426 495,289
Non-recourse funding obligations 2,632,497 2,747,477
Golden Gate V    
Debt:    
Non-recourse funding obligations 729,454 681,285
Carrying Amounts    
Assets:    
Mortgage loans on real estate 7,724,733 6,817,723
Policy loans 1,695,886 1,615,615
Fixed maturities, held-to-maturity 2,633,474 2,718,904
Liabilities:    
Stable value product account balances 5,234,731 4,698,371
Annuity account balances 1,671,414 220,498
Other policyholders’ funds 131,150 133,508
Debt:    
Bank borrowings 0 0
Senior Notes 1,100,508 943,370
Subordinated debt 495,426 495,289
Non-recourse funding obligations 2,632,497 2,747,477
Carrying Amounts | Golden Gate V    
Debt:    
Non-recourse funding obligations 2,600,000 2,700,000
Carrying Amounts | Level 3    
Debt:    
Subordinated funding obligations 110,000 0
Fair Values | Golden Gate V    
Debt:    
Non-recourse funding obligations 2,500,000 2,800,000
Fair Values | Level 3    
Assets:    
Mortgage loans on real estate 7,447,702 6,740,177
Policy loans 1,695,886 1,615,615
Fixed maturities, held-to-maturity 2,547,210 2,776,327
Liabilities:    
Stable value product account balances 5,200,723 4,698,868
Annuity account balances 1,671,434 220,498
Other policyholders’ funds 131,782 134,253
Debt:    
Bank borrowings 0 0
Subordinated funding obligations 95,476 0
Non-recourse funding obligations 2,550,237 2,804,983
Fair Values | Level 3 | Golden Gate V    
Debt:    
Non-recourse funding obligations   2,800,000
Fair Values | Level 2    
Debt:    
Senior Notes 1,065,338 933,926
Subordinated debt $ 494,265 $ 501,215