XML 59 R72.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value - Recurring basis Level 3 rollforward (Details 2) (Recurring basis, Level 3, USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Recurring Level 3 financial assets and liabilities      
Balance at the beginning of the period $ 259,642us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue $ 267,392us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue $ 317,657us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
Net income (17)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1   (3,758)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
Other comprehensive income (loss) (193)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss 34,526us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss 37,063us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
Sales     (3,595)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
Settlements (651)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements (48,108)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements (42,717)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
Transfers into Level 3   5,832us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 [1]  
Transfers out of Level 3 (252,903)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 [2]   (37,258)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 [2]
Balance at the end of the period 5,878us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue 259,642us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue 267,392us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) 0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss 0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss 0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
Fixed maturities available-for-sale, Corporate debt securities
     
Recurring Level 3 financial assets and liabilities      
Balance at the beginning of the period 6,652us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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1,822us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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36,496us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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Net income 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
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  (66)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
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Other comprehensive income (loss) (178)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
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(240)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
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= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
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102us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
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= us-gaap_FairValueInputsLevel3Member
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= us-gaap_FairValueMeasurementsRecurringMember
Sales     (1,598)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
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Settlements (632)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
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= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
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(762)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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(874)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
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Transfers into Level 3   5,832us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
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[1]  
Transfers out of Level 3 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
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= us-gaap_CorporateDebtSecuritiesMember
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= us-gaap_FairValueInputsLevel3Member
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= us-gaap_FairValueMeasurementsRecurringMember
[2]   (32,238)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
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= us-gaap_FairValueInputsLevel3Member
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= us-gaap_FairValueMeasurementsRecurringMember
[2]
Balance at the end of the period 5,842us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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= us-gaap_CorporateDebtSecuritiesMember
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6,652us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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1,822us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) 0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
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0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
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0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
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= us-gaap_FairValueMeasurementsRecurringMember
Fixed maturities available-for-sale, Asset-backed securities
     
Recurring Level 3 financial assets and liabilities      
Balance at the beginning of the period 252,958us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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= us-gaap_AssetBackedSecuritiesMember
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265,538us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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279,021us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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Other comprehensive income (loss) 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
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= us-gaap_AssetBackedSecuritiesMember
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= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
34,766us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_AssetBackedSecuritiesMember
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33,346us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
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Settlements (19)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
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(47,346)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
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(41,809)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
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Transfers out of Level 3 (252,903)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
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= us-gaap_AssetBackedSecuritiesMember
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[2]   (5,020)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
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[2]
Balance at the end of the period 36us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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252,958us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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265,538us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) 0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
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0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
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0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
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Fixed maturities available-for-sale, Collateralized debt obligations
     
Recurring Level 3 financial assets and liabilities      
Balance at the beginning of the period 32us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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32us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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Net income (17)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
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Other comprehensive income (loss) (15)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
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0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
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Settlements     (1)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
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Balance at the end of the period 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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32us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) 0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
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Separate accounts
     
Recurring Level 3 financial assets and liabilities      
Balance at the beginning of the period     2,118us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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Net income     (3,692)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
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Other comprehensive income (loss)     3,604us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
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Sales     (1,997)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
/ us-gaap_FairValueByAssetClassAxis
= gac_SeparateAccountsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Settlements     (33)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
/ us-gaap_FairValueByAssetClassAxis
= gac_SeparateAccountsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Balance at the end of the period     0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_FairValueByAssetClassAxis
= gac_SeparateAccountsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss)     $ 0us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_FairValueByAssetClassAxis
= gac_SeparateAccountsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
[1] Transfers into Level 3 are due primarily to decreased observability of inputs in valuation methodologies.
[2] Transfers out of Level 3 are due primarily to increased observability of inputs in valuation methodologies as evidenced by corroboration of market prices with multiple pricing vendors and internal models.