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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Investments:    
Securities held to maturity, at amortized cost (fair value: $6,254,687 and $6,082,330) $ 5,738,777 $ 5,641,909
Securities available for sale, at fair value (cost: $2,530,815 and $2,422,650) 2,754,759 2,624,953
Mortgage loans, net of allowance for possible losses ($0 and $4,571) 132,614 [1] 157,460 [1]
Policy loans 74,369 74,967
Derivatives, index options 65,555 30,844
Other long-term investments 43,467 34,472
Total investments 8,809,541 8,564,605
Cash and short-term investments 111,264 119,290
Deferred policy acquisition costs 708,220 722,542
Deferred sales inducements 152,360 155,753
Accrued investment income 90,176 87,875
Federal income tax receivable 0 0
Other assets 83,900 77,934
Total assets 9,955,461 9,727,999
Future policy benefits:    
Universal life and annuity contracts 8,178,279 8,023,798
Traditional life and annuity contracts 138,452 139,657
Other policyholder liabilities 154,105 151,308
Deferred Federal income tax liability 44,023 46,481
Federal income tax payable 1,462 5,962
Other liabilities 107,819 84,008
Total liabilities 8,624,140 8,451,214
COMMITMENTS AND CONTINGENCIES (Note 8)      
Common stock:    
Additional paid-in capital 37,767 37,767
Accumulated other comprehensive income 64,725 53,176
Retained earnings 1,225,194 1,182,207
Total stockholders’ equity 1,331,321 1,276,785
Total liabilities and stockholders' equity 9,955,461 9,727,999
Common Class A [Member]
   
Common stock:    
Common stock, value outstanding 3,435 3,435
Common Class B [Member]
   
Common stock:    
Common stock, value outstanding $ 200 $ 200
[1] Loan-to-Value Ratio using the most recent appraised value.