Segment Information (Tables)

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Business Segment's Contribution to Select Statements of Income (Loss) Information

The following tables summarize each business segment’s contribution to select Statements of Income (Loss) information for the three and nine months ended September 30, 2017 and 2016:

				Life
Three months ended September 30, 2017	Annuity			Insurance			Total
Policy charge revenue	$	23,954		$	13,500		$	37,454
Net Investment income (loss)		13,741			13,686			27,427
Net realized investment gains (losses)		3,558			1,153			4,711
Derivative gains (losses)		(9,239	)		-			(9,239	)
Total Revenue	$	32,014		$	28,339		$	60,353
Interest credited to policyholder liabilities	$	2,140		$	11,067		$	13,207
Policy benefits (net of reinsurance recoveries)		(9,261	)		8,298			(963	)
Amortization (accretion) of DAC		1,139			-			1,139
Amortization (accretion) of VOBA		1,011			10,284			11,295
Insurance, general and administrative expenses		9,041			698			9,739
Total Expenses	$	4,070		$	30,347		$	34,417
Income (Loss) before taxes	$	27,944		$	(2,008	)	$	25,936
Income tax expense (benefit)		-			-			-
Net income (loss)	$	27,944		$	(2,008	)	$	25,936
Three months ended September 30, 2016
Policy charge revenue	$	24,610		$	13,632		$	38,242
Net Investment income (loss)		15,014			14,210			29,224
Net realized investment gains (losses)		200			1,490			1,690
Derivative gains (losses)		(34,272	)		139			(34,133	)
Total Revenue	$	5,552		$	29,471		$	35,023
Interest credited to policyholder liabilities	$	2,098		$	11,539		$	13,637
Policy benefits (net of reinsurance recoveries)		(18,819	)		13,053			(5,767	)
Amortization (accretion) of DAC		1,995			-			1,995
Amortization (accretion) of VOBA		1,358			12,660			14,018
Insurance, general and administrative expenses		7,762			368			8,131
Total Expenses	$	(5,606	)	$	37,620		$	32,014
Income (Loss) before taxes	$	11,158		$	(8,149	)	$	3,009
Income tax expense (benefit)		3,808			(3,808	)		-
Net income (loss)	$	7,350		$	(4,341	)	$	3,009

				Life
Nine months ended September 30, 2017	Annuity			Insurance			Total
Policy charge revenue	$	71,904		$	40,395		$	112,299
Net Investment income (loss)		40,994			40,794			81,788
Net realized investment gains (losses)		5,247			1,679			6,926
Derivative gains (losses)		(40,007	)		-		$	(40,007	)
Total Revenue	$	78,138		$	82,868		$	161,006
Interest credited to policyholder liabilities	$	5,673		$	33,887		$	39,560
Policy benefits (net of reinsurance recoveries)		(21,441	)		22,877			1,436
Amortization (accretion) of DAC		2,876			-			2,876
Amortization (accretion) of VOBA		3,246			13,267			16,513
Insurance, general and administrative expenses		22,937			2,222			25,159
Total Expenses	$	13,291		$	72,253		$	85,544
Income (Loss) before taxes	$	64,847		$	10,615		$	75,462
Income tax expense (benefit)		393			182			575
Net income (loss)	$	64,454		$	10,433		$	74,887
Nine months ended September 30, 2016
Policy charge revenue	$	72,523		$	40,618		$	113,141
Net Investment income (loss)		40,517			42,773			83,290
Net realized investment gains (losses)		1,030			583			1,613
Derivative gains (losses)		(37,587	)		160			(37,427	)
Total Revenue	$	76,483		$	84,134		$	160,617
Interest credited to policyholder liabilities	$	6,524		$	35,096		$	41,620
Policy benefits (net of reinsurance recoveries)		22,736			36,411			59,146
Amortization (accretion) of DAC		2,437			-			2,437
Amortization (accretion) of VOBA		4,447			22,562			27,009
Insurance, general and administrative expenses		26,168			2,130			28,299
Total Expenses	$	62,312		$	96,199		$	158,511
Income (Loss) before taxes	$	14,171		$	(12,065	)	$	2,106
Income tax expense (benefit)		6,409			(6,409	)		-
Net income (loss)	$	7,762		$	(5,656	)	$	2,106