Unaudited Interim Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
REVENUES
Premiums	$ 7,915	$ 5,757
Policy charges and fee income	125,896	128,002
Net investment income	77,915	89,615
Asset administration fees	3,473	4,187
Other income	19,296	15,977
Realized investment gains (losses), net:
Other-than-temporary impairments on fixed maturity securities	(594)	(4,412)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income	0	8
Other realized investment gains (losses), net	(48,448)	(28,175)
Total realized investment gains (losses), net	(49,042)	(32,579)
TOTAL REVENUES	185,453	210,959
BENEFITS AND EXPENSES
Policyholders’ benefits	48,955	71,487
Interest credited to policyholders’ account balances	40,798	44,760
Amortization of deferred policy acquisition costs	26,604	16,272
General, administrative and other expenses	60,790	56,819
TOTAL BENEFITS AND EXPENSES	177,147	189,338
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF OPERATING JOINT VENTURE	8,306	21,621
Income tax expense (benefit)	(2,448)	(18,451)
INCOME (LOSS) FROM OPERATIONS BEFORE EQUITY IN EARNINGS OF OPERATING JOINT VENTURE	10,754	40,072
Equity in earnings of operating joint venture, net of taxes	(638)	0
NET INCOME (LOSS)	10,116	40,072
Other comprehensive income (loss), before tax:
Foreign currency translation adjustments	(923)	23
Net unrealized investment gains (losses)	(145,051)	27,203
Total	(145,974)	27,226
Less: Income tax expense (benefit) related to other comprehensive income (loss)	(30,700)	9,529
Other comprehensive income (loss), net of tax	(115,274)	17,697
COMPREHENSIVE INCOME (LOSS)	$ (105,158)	$ 57,769