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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Investments:    
Fixed maturity securities available for sale, at fair value (amortized cost — $2,172,677 in 2015 and $2,249,891 in 2014) $ 2,446,921 $ 2,678,688
Equity securities available for sale, at fair value (cost — $144,407 in 2015 and $122,347 in 2014) 158,082 135,746
Commercial mortgage loans on real estate, at amortized cost 420,569 499,814
Policy loans 10,031 11,663
Short-term investments 90,497 64,104
Collateral held/pledged under securities agreements 0 42,941
Other investments 42,330 109,740
Total investments 3,168,430 3,542,696
Cash and cash equivalents 60,137 7,290
Premiums and accounts receivable, net 62,781 77,467
Reinsurance recoverables 2,225,924 2,154,208
Accrued investment income 34,818 36,194
Deferred acquisition costs 33,476 26,435
Goodwill 17,285 17,285
Value of business acquired 8,806 10,129
Other intangible assets, net 12,972 14,760
Other assets 41,996 3,965
Assets held in separate accounts 1,596,250 1,685,061
Total assets 7,262,875 7,575,490
Liabilities    
Future policy benefits and expenses 2,875,419 2,906,706
Unearned premiums 34,076 34,355
Claims and benefits payable 1,719,916 1,717,938
Commissions payable 20,288 17,599
Deferred gain on disposal of businesses 58,368 67,460
Obligation under securities agreements 0 42,941
Accounts payable and other liabilities 183,544 222,501
Tax payable 4,339 1,072
Liabilities related to separate accounts 1,596,250 1,685,061
Total liabilities $ 6,492,200 $ 6,695,633
Commitments and contingencies
Stockholder's equity    
Common stock, par value $5 per share, 1,000,000 shares authorized, issued, and outstanding $ 5,000 $ 5,000
Additional paid-in capital 515,630 515,630
Retained earnings 66,510 75,409
Accumulated other comprehensive income 183,535 283,818
Total stockholder's equity 770,675 879,857
Total liabilities and stockholder's equity $ 7,262,875 $ 7,575,490