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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Investments:    
Securities held to maturity, at amortized cost (fair value: $6,574,186 and $6,503,627) $ 6,345,116 $ 5,962,120
Securities available for sale, at fair value (cost: $2,618,250 and $2,568,512) 2,752,530 2,826,001
Mortgage loans, net of allowance for possible losses ($650 and $650) 117,091 [1] 142,170 [1]
Policy loans 68,307 71,549
Derivatives, index options 119,276 57,890
Other long-term investments 31,372 41,439
Total investments 9,433,692 9,101,169
Cash and short-term investments 94,458 124,561
Deferred policy acquisition costs 768,309 705,397
Deferred sales inducements 168,206 152,844
Accrued investment income 96,847 92,665
Federal income tax receivable 8,068 5,655
Other assets 98,888 81,567
Total assets 10,668,468 10,263,858
Future policy benefits:    
Universal life and annuity contracts 8,797,076 8,430,545
Traditional life reserves 137,209 138,309
Other policyholder liabilities 159,822 148,561
Deferred Federal income tax liability 22,501 55,054
Federal income tax payable 0 0
Other liabilities 130,022 99,709
Total liabilities 9,246,630 8,872,178
COMMITMENTS AND CONTINGENCIES (Note 8)      
Common stock:    
Additional paid-in capital 37,767 37,767
Accumulated other comprehensive income 39,812 76,786
Retained earnings 1,340,624 1,273,492
Total stockholders’ equity 1,421,838 1,391,680
Total liabilities and stockholders' equity 10,668,468 10,263,858
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.