STATEMENTS OF INCOME (LOSS) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues
Policy charge revenue	$ 37,369,000	$ 37,860,000	$ 74,845,000	$ 74,899,000
Net investment income (loss)	26,417,000	27,614,000	54,361,000	54,066,000
Net realized investment gains (losses)
Other-than-temporary impairment gains (losses) on securities		(1,015,000)		(4,563,000)
Portion of other-than-temporary impairments previously recognized in other comprehensive income (loss)				(121,000)
Net other-than-temporary impairment losses on securities recognized in income		(1,015,000)		(4,684,000)
Net realized investment gains (losses), excluding other-than-temporary impairment losses on securities	2,184,000	1,072,000	2,215,000	4,607,000
Net realized investment gains (losses)	2,184,000	57,000	2,215,000	(77,000)
Net derivative gains (losses)	(6,540,000)	(6,665,000)	(30,768,000)	(3,294,000)
Total Revenues	59,430,000	58,866,000	100,653,000	125,594,000
Benefits and Expenses
Interest credited to policyholder liabilities	13,370,000	13,953,000	26,353,000	27,983,000
Policy benefits (net of reinsurance recoveries: 2017 - $758; $1,173; 2016 - $420; $1,207)	11,889,000	21,859,000	2,399,000	64,913,000
Amortization (accretion) of deferred policy acquisition costs	605,000	(500,000)	1,737,000	442,000
Amortization (accretion) of value of business acquired	2,854,000	7,611,000	5,218,000	12,991,000
Insurance, General and Administrative Expenses	6,577,000	10,242,000	15,420,000	20,168,000
Total Benefits and Expenses	35,295,000	53,165,000	51,127,000	126,497,000
Income (Loss) Before Taxes	24,135,000	5,701,000	49,526,000	(903,000)
Income Tax Expense (Benefit)	0	0	575,000	0
Net Income (Loss)	$ 24,135,000	$ 5,701,000	$ 48,951,000	$ (903,000)