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INVESTMENT OPERATIONS (Details 3) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Investment operations        
Other-than-temporary impairments of investments recorded $ 1,789,000 $ 13,670,000 $ 3,129,000 $ 48,090,000
Other-than-temporary impairments of investments recorded in earnings 4,000,000 13,608,000 8,584,000 32,372,000
Other-than-temporary impairments of investments recorded in other comprehensive income (loss) (2,211,000) 62,000 (5,455,000) 15,718,000
Fixed income securities
       
Investment operations        
Other-than-temporary impairments related to debt or equity securities that the Company intended to sell or expected to be required to sell 0 0 0 0
Other-than-temporary impairments of investments recorded 1,800,000 13,700,000 3,100,000 48,100,000
Impairments of investments 700,000   1,000,000  
Credit losses on debt securities        
Beginning balance 63,183,000 88,352,000 122,121,000 69,719,000
Additions for newly impaired securities 618,000 3,619,000 1,615,000 19,473,000
Additions for previously impaired securities 1,568,000 9,499,000 3,054,000 12,278,000
Reductions for previously impaired securities due to a change in expected cash flows (6,049,000)   (67,470,000)  
Reductions for previously impaired securities that were sold in the current period (7,488,000)   (7,488,000)  
Ending balance 51,832,000 101,470,000 51,832,000 101,470,000
Equity securities
       
Investment operations        
Other-than-temporary impairments related to debt or equity securities that the Company intended to sell or expected to be required to sell 0 0 0 0
Impairments of investments $ 1,100,000   $ 2,100,000