MORTGAGE LOANS (Tables)

12 Months Ended

Dec. 31, 2011

MORTGAGE LOANS

Schedule of the breakdown of the commercial mortgage loan portfolio by property type

Type	Percentage of Mortgage Loans on Real Estate
Retail		65.7	%
Office Buildings		13.4
Apartments		11.3
Warehouses		7.6
Other		2.0
		100.0	%

Schedule of mortgage loans by location of properties

State	Percentage of Mortgage Loans on Real Estate
Texas		11.9	%
Georgia		9.2
Tennessee		7.4
Florida		7.0
Alabama		6.8
South Carolina		6.0
North Carolina		5.4
Ohio		5.0
Utah		4.5
California		3.2
Indiana		2.8
Michigan		2.7
Pennsylvania		2.6
		74.5	%

Schedule of changes in the allowance for mortgage loan credit losses

	As of December 31,
	2011			2010
	(Dollars In Thousands)
Beginning balance	$	11,650		$	1,725
Charge offs		(16,278	)		(1,146	)
Recoveries		(2,471	)		—
Provision		13,574			11,071
Ending balance	$	6,475		$	11,650

Schedule of an analysis of the delinquent loans

	30–59 Days Delinquent		60–89 Days Delinquent		Greater than 90 Days Delinquent		Total Delinquent
	(Dollars In Thousands)
Commercial mortgage loans	$	51,767	$	2,348	$	12,536	$	66,651
Number of delinquent commercial mortgage loans		10		1		6		17

Schedule of information regarding impaired loans

	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized		Cash Basis Interest Income
	(Dollars In Thousands)
2011
Commercial mortgage loans:
With no related allowance recorded	$	7,917	$	10,926	$	—	$	1,979	$	34	$	34
With an allowance recorded		15,521		15,521		6,475		5,174		117		181
2010
Commercial mortgage loans:
With no related allowance recorded	$	1,579	$	1,579	$	—	$	1,579	$	—	$	—
With an allowance recorded		18,642		18,642		11,650		4,661		805		767