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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net cash (used in) provided by operating activities $ 4,922 $ (357,163)
Proceeds from sales, maturities and redemptions of investments:    
Fixed maturities, available-for-sale 1,261,881 1,825,006
Mortgage loans on real estate 79,649 54,480
Limited partnership interests and other investments 2,585 3,106
Purchases of investments:    
Fixed maturities, available-for-sale (1,242,999) (1,599,114)
Mortgage loans on real estate (223,500) (335,324)
Limited partnership interests and other investments (6,805) (4,555)
Net change in short-term investments 61,688 (439,510)
Net change in policy loans 854 279
Purchases of furniture, equipment, and software (9,841) (9,978)
Net cash used in investing activities (76,488) (505,610)
Cash flows from financing activities:    
Contract deposits 700,628 778,744
Contract withdrawals (610,434) (543,572)
Dividends paid (24,001) (77,000)
Capital contribution 848 [1] 0
Payments for and interest paid on financing element derivatives, net (938) (1,870)
Net change in commercial paper borrowings (14,004) (404)
Net change in book overdrafts 32,704 (12,672)
Employee taxes paid for withheld shares (32) (180)
Net cash provided by financing activities (84,771) (143,046)
Net increase (decrease) in cash and cash equivalents 3,361 (5,401)
Cash and cash equivalents, beginning of year 17,211 18,321
Cash and cash equivalents, end of period 20,572 12,920
Net cash paid during the year for:    
Income taxes (3,377) (3,139)
Interest (3,799) (3,199)
Non-cash investing and financing transactions during the years:    
Share-based compensation expense 218 420
Fair value of assets acquired in settlement of fixed maturity investments $ 12,336 $ 0
[1] In February 2018, the Company received a capital contribution from its parent, GWL&A Financial, in the amount of $848. No additional shares of the Company were issued in relation to this contribution.