Three Months Ended

Six Months Ended

June 30,

2013

2012

2013

2012

Unrealized gains (losses) on available-for-sale securities

reclassified during the period to the following income

statement line items:

Net realized investment gains

$

11,475

$

2,102

$

15,801

$

2,990

Net impairment losses recognized in earnings

-

(621)

-

(704)

Income from operations before income tax

11,475

1,481

15,801

2,286

Tax effect

3,903

555

5,254

807

Net income

$

7,572

$

926

$

10,547

$

1,479