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Related Party Transactions (Tables)
 9 Months Ended
Sep. 30, 2023
Related Party Transactions [Abstract]  
Affiliated Notes Receivable
Affiliated notes receivable included in “Receivables from parent and affiliates” at September 30, 2023 and December 31, 2022 were as follows:
Maturity DatesInterest RatesSeptember 30, 2023December 31, 2022
(in thousands)
U.S. dollar fixed rate notes2025-20270.00%-14.85 %$144,698 $148,076 
Total notes receivable - affiliated(1)$144,698 $148,076 

(1)All notes receivable may be called for prepayment prior to the respective maturity dates under specified circumstances.
Affiliated Commercial Mortgage Loan
The following table sets forth the composition of “Commercial mortgage and other loans”, as of the dates indicated:
September 30, 2023December 31, 2022
 Amount
(in thousands)		% of
Total		Amount
(in thousands)		% of
Total
Commercial mortgage and agricultural property loans by property type:
Apartments/Multi-Family$1,450,305 26.3 %$1,289,026 26.0 %
Hospitality102,536 1.9 104,177 2.1 
Industrial2,097,019 38.0 1,766,247 35.8 
Office580,189 10.5 590,897 11.9 
Other410,324 7.4 380,121 7.7 
Retail364,678 6.6 351,457 7.1 
Total commercial mortgage loans5,005,051 90.7 4,481,925 90.6 
Agricultural property loans514,918 9.3 467,018 9.4 
Total commercial mortgage and agricultural property loans5,519,969 100.0 %4,948,943 100.0 %
Allowance for credit losses(27,100)(20,263)
Total net commercial mortgage and agricultural property loans$5,492,869 $4,928,680 
The affiliated commercial mortgage loan included in "Commercial mortgage and other loans" at September 30, 2023 and December 31, 2022 were as follows:
Maturity DateInterest RateSeptember 30, 2023December 31, 2022
(in thousands)
Affiliated Commercial Mortgage Loan20259.83 %$71,335 $72,225 
Affiliated Asset Transfers The table below shows affiliated asset trades for the nine months ended September 30, 2023 and for the year ended December 31, 2022.
AffiliateDateTransaction Security Type  Fair Value  Book Value  APIC, Net of Tax Increase/(Decrease)Realized
Investment
Gain (Loss)
 (in thousands)
PALACJanuary 2022PurchaseFixed Maturities$4,432 $4,432 $0 $0 
PALACJanuary 2022PurchaseDerivatives$404 $404 $0 $0 
PALACFebruary 2022PurchaseFixed Maturities$128,909 $128,909 $0 $0 
PAR UApril 2022PurchaseFixed Maturities$48,970 $48,970 $0 $0 
Prudential InsuranceMay 2022PurchaseFixed Maturities$233,426 $241,128 $6,085 $0 
Prudential InsuranceJune 2022PurchaseFixed Maturities$88,754 $81,216 $(5,955)$0 
Prudential InsuranceJune 2022Transfer InFixed Maturities$52,089 $45,031 $(5,577)$0 
Prudential InsuranceJune 2022Transfer OutFixed Maturities$48,786 $58,984 $(8,057)$0 
PAR UJune 2022PurchaseCommercial Mortgage and Other Loans$6,492 $6,492 $0 $0 
PAR UJune 2022SaleCommercial Mortgage and Other Loans$14,853 $15,725 $0 $(872)
GUL ReJune 2022PurchaseCommercial Mortgage and Other Loans$13,551 $13,551 $0 $0 
GUL ReJune 2022SaleCommercial Mortgage and Other Loans$8,692 $9,033 $0 $(341)
PURCJune 2022PurchaseCommercial Mortgage and Other Loans$4,403 $4,403 $0 $0 
Prudential InsuranceJuly 2022Transfer InFixed Maturities$6,319 $7,230 $719 $0 
PAR UJuly 2022PurchaseFixed Maturities$16,284 $16,284 $0 $0 
Prudential InsuranceAugust 2022PurchaseFixed Maturities$155,823 $139,712 $(12,728)$0 
Vantage Casualty Insurance CoSeptember 2022PurchaseFixed Maturities$3,497 $3,497 $0 $0 
WH Warehouse LtdOctober 2022SaleFixed Maturities$26,536 $26,388 $0 $148 
PAR UNovember 2022PurchaseFixed Maturities$91,051 $91,051 $0 $0 
Prudential InsuranceDecember 2022PurchaseFixed Maturities$67,477 $71,369 $3,075 $0 
Prudential InsuranceJanuary 2023PurchaseFixed Maturities$48,329 $50,372 $1,614 $0 
Prudential InsuranceMarch 2023PurchaseFixed Maturities$7,175 $7,500 $256 $0 
PURCApril 2023PurchaseFixed Maturities$102,804 $102,804 $0 $0 
Term ReJune 2023PurchaseFixed Maturities$115,573 $115,573 $0 $0 
Prudential InsuranceJune 2023PurchaseFixed Maturities$4,298 $4,443 $114 $0 
Prudential InsuranceJune 2023PurchaseFixed Maturities$4,394 $4,494 $80 $0 
Prudential InsuranceJune 2023PurchaseFixed Maturities$19,453 $19,203 $(198)$0 
Prudential InsuranceJune 2023PurchaseFixed Maturities$14,452 $15,086 $502 $0 
Prudential InsuranceSeptember 2023PurchaseFixed Maturities$15,880 $15,801 $(62)$0 
Debt Agreements The following table provides the breakout of the Company's short-term and long-term debt to affiliates as of September 30, 2023 and December 31, 2022:
AffiliateDate
Issued		Amount of Notes - September 30, 2023Amount of Notes - December 31, 2022Interest Rate  Date of Maturity  
  (in thousands) 
Prudential Insurance8/13/2021$94,318 $96,666 4.39 %12/15/2023
Prudential Insurance8/13/202128,295 29,000 4.39 %12/15/2023
Prudential Insurance8/13/202195,634 97,665 3.95 %6/20/2024
Prudential Insurance8/13/202138,253 39,066 3.95 %6/20/2024
Prudential Insurance8/13/202147,817 48,832 3.95 %6/20/2024
Prudential Funding LLC12/28/20220 138 4.73 %1/31/2023
Prudential Funding LLC12/29/20220 62 4.73 %1/31/2023
Prudential Funding LLC12/30/20220 384 4.73 %1/31/2023
Total Loans Payable to Affiliates$304,317 $311,813