Value of Business Acquired ("VOBA"), Deferred Acquisition Costs ("DAC"), and Deferred Sales Inducements ("DSI") (Tables)

6 Months Ended

Jun. 30, 2016

Change in Carrying Amount of Value of Business Acquired

The change in the carrying amount of VOBA for the three and six months ended June 30 was as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2016			2015			2016			2015
Amortization expense	$	(7,602	)	$	(6,770	)	$	(12,973	)	$	(11,549	)
Unlocking		(9	)		(9	)		(18	)		(84	)
Impairment charge		-			-			-			-
Adjustment related to realized (gains) losses on investments		526			62			467			55
Adjustment related to unrealized (gains) losses and OTTI on investments		(7,318	)		8,881			(12,416	)		5,720
Change in VOBA carrying amount	$	(14,403	)	$	2,164		$	(24,940	)	$	(5,858	)

Change in Carrying Amount of Deferred Acquisition Costs

The change in the carrying amount of DAC for the three and six months ended June 30 was as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
DAC	2016			2015			2016			2015
Capitalization	$	17		$	42		$	20		$	74
Accretion (amortization) expense		516			(5,165	)		(416	)		(3,787	)
Unlocking		(16	)		(24	)		(26	)		(51	)
Change in DAC carrying amount	$	517		$	(5,147	)	$	(422	)	$	(3,764	)

Change in Carrying Amount of Deferred Sales Inducements

The change in the carrying amount of DSI for the three and six months ended June 30 was as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
DSI	2016			2015			2016			2015
Capitalization	$	1		$	4		$	3		$	5
Accretion (amortization) expense		118			(1,172	)		(94	)		(857	)
Unlocking		(4	)		(6	)		(6	)		(12	)
Change in DSI carrying amount	$	115		$	(1,174	)	$	(97	)	$	(864	)