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Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)
 6 Months Ended
Jun. 30, 2015
Deferred Policy Acquisition Costs and Value of Business Acquired [Abstract]  
Deferred Policy Acquisition Costs and Value of Business Acquired
The following tables present a rollforward of DAC and VOBA for the periods indicated:
 
2015
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2015
$
396.5

 
$
526.8

 
$
923.3

Deferrals of commissions and expenses
36.6

 
2.9

 
39.5

Amortization:
 
 
 
 
 
Amortization
(50.3
)
 
(48.4
)
 
(98.7
)
Interest accrued(1)
18.1

 
28.5

 
46.6

Net amortization included in the Condensed Consolidated Statements of Operations
(32.2
)
 
(19.9
)
 
(52.1
)
Change in unrealized capital gains/losses on available-for-sale securities
59.2

 
121.0

 
180.2

Balance as of June 30, 2015
$
460.1

 
$
630.8

 
$
1,090.9


 
2014
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2014
$
476.2

 
$
696.6

 
$
1,172.8

Deferrals of commissions and expenses
32.0

 
3.5

 
35.5

Amortization:
 
 
 
 
 
Amortization
(31.8
)
 
(43.0
)
 
(74.8
)
Interest accrued(1)
17.9

 
30.2

 
48.1

Net amortization included in the Condensed Consolidated Statements of Operations
(13.9
)
 
(12.8
)
 
(26.7
)
Change in unrealized capital gains/losses on available-for-sale securities
(94.8
)
 
(149.9
)
 
(244.7
)
Balance as of June 30, 2014
$
399.5

 
$
537.4

 
$
936.9

(1) Interest accrued at the following rates for VOBA: 5.5% to 7.0% during 2015 and 2014.