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Condensed Consolidated Statements of Earnings (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Premiums and other revenues:        
Universal life and annuity contract charges $ 36,653,000 $ 32,632,000 $ 72,852,000 $ 62,464,000
Traditional life and annuity contract premiums 4,904,000 4,607,000 8,987,000 8,629,000
Net investment income 78,181,000 97,724,000 227,739,000 231,239,000
Other revenues 5,866,000 4,698,000 11,521,000 14,604,000
Net realized investment gains (losses):        
Total other-than-temporary impairment (“OTTI”) losses (185,000) 0 (462,000) 0
Portion of OTTI losses recognized in other comprehensive income (235,000) 0 (157,000) 0
Net OTTI losses recognized in earnings (420,000) 0 (619,000) 0
Other net investment gains (losses) 2,425,000 490,000 3,791,000 3,582,000
Total net realized investment gains (losses) 2,005,000 490,000 3,172,000 3,582,000
Total revenues 127,609,000 140,151,000 324,271,000 320,518,000
Benefits and expenses:        
Life and other policy benefits 13,857,000 9,598,000 27,535,000 21,814,000
Amortization of deferred policy acquisition costs 31,349,000 38,848,000 63,060,000 66,337,000
Universal life and annuity contract interest 26,004,000 53,232,000 127,547,000 145,381,000
Other operating expenses 22,452,000 19,060,000 42,470,000 39,778,000
Total benefits and expenses 93,662,000 120,738,000 260,612,000 273,310,000
Earnings before Federal income taxes 33,947,000 19,413,000 63,659,000 47,208,000
Federal income taxes 10,701,000 5,623,000 20,672,000 15,207,000
Net earnings 23,246,000 13,790,000 42,987,000 32,001,000
Common Class A [Member]
       
Benefits and expenses:        
Net earnings 22,589,000 13,400,000 41,771,000 31,096,000
Basic earnings per share:        
Earnings Per Share, Basic (in dollars per share) $ 6.58 $ 3.90 $ 12.16 $ 9.06
Diluted earnings per share:        
Earnings Per Share, Diluted (in dollars per share) $ 6.58 $ 3.90 $ 12.16 $ 9.04
Common Class B [Member]
       
Benefits and expenses:        
Net earnings $ 658,000 $ 390,000 $ 1,216,000 $ 905,000
Basic earnings per share:        
Earnings Per Share, Basic (in dollars per share) $ 3.29 $ 1.95 $ 6.08 $ 4.53
Diluted earnings per share:        
Earnings Per Share, Diluted (in dollars per share) $ 3.29 $ 1.95 $ 6.08 $ 4.53