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Fair Value of Financial Instruments (Details 1) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Financial Assets    
Beginning balance $ 173,426 $ 171,300
Transfers into Level 3 [1] 32,452 2,356
Transfers out of Level 3 [1] 0 (9,664)
Total gains or losses    
Net realized gains (losses) included in net income related to financial assets 0 0
Net realized (gains) losses included in net income related to financial liabilities [2] 674 (439)
Net unrealized gains (losses) included in other comprehensive income 1,865 735
Purchases 0 0
Issuances 0 0
Sales 0 0
Settlements 0 0
Paydowns, maturities and distributions (7,352) (5,964)
Ending balance 200,391 158,763
Financial Liabilities    
Beginning balance [2] 39,021 20,049
Transfers into Level 3 [1],[2] 0 0
Transfers out of Level 3 [1],[2] 0 0
Total gains or losses    
Net unrealized gains (losses) included in other comprehensive income [2] 0 0
Purchases [2] 0 0
Issuances [2] 3,491 2,964
Sales [2] 0 0
Settlements [2] 0 0
Paydowns, maturities and distributions [2] (1,101) (534)
Ending balance [2] 42,085 22,040
Municipal bonds [Member]    
Financial Assets    
Beginning balance 30,379 13,628
Transfers into Level 3 [1] 14,751 0
Transfers out of Level 3 [1] 0 0
Total gains or losses    
Net realized gains (losses) included in net income related to financial assets 0 0
Net realized (gains) losses included in net income related to financial liabilities 0 0
Net unrealized gains (losses) included in other comprehensive income 1,484 380
Purchases 0 0
Issuances 0 0
Sales 0 0
Settlements 0 0
Paydowns, maturities and distributions (121) (123)
Ending balance 46,493 13,885
Corporate bonds [Member]    
Financial Assets    
Beginning balance 67,575 74,717
Transfers into Level 3 [1] 6,059 1,895
Transfers out of Level 3 [1] 0 0
Total gains or losses    
Net realized gains (losses) included in net income related to financial assets 0 0
Net realized (gains) losses included in net income related to financial liabilities 0 0
Net unrealized gains (losses) included in other comprehensive income 388 352
Purchases 0 0
Issuances 0 0
Sales 0 0
Settlements 0 0
Paydowns, maturities and distributions (3,951) (4,686)
Ending balance 70,071 72,278
Mortgage-backed securities [Member]    
Financial Assets    
Beginning balance [3] 75,466 82,949
Transfers into Level 3 [1],[3] 11,642 461
Transfers out of Level 3 [1],[3] 0 (9,664)
Total gains or losses    
Net realized gains (losses) included in net income related to financial assets [3] 0 0
Net realized (gains) losses included in net income related to financial liabilities [3] 0 0
Net unrealized gains (losses) included in other comprehensive income [3] (7) 3
Purchases [3] 0 0
Issuances [3] 0 0
Sales [3] 0 0
Settlements [3] 0 0
Paydowns, maturities and distributions [3] (3,280) (1,155)
Ending balance [3] 83,821 72,594
Total Fixed Maturities [Member]    
Financial Assets    
Beginning balance 173,420 171,294
Transfers into Level 3 [1] 32,452 2,356
Transfers out of Level 3 [1] 0 (9,664)
Total gains or losses    
Net realized gains (losses) included in net income related to financial assets 0 0
Net realized (gains) losses included in net income related to financial liabilities 0 0
Net unrealized gains (losses) included in other comprehensive income 1,865 735
Purchases 0 0
Issuances 0 0
Sales 0 0
Settlements 0 0
Paydowns, maturities and distributions (7,352) (5,964)
Ending balance 200,385 158,757
Equity securities [Member]    
Financial Assets    
Beginning balance 6 6
Transfers into Level 3 [1] 0 0
Transfers out of Level 3 [1] 0 0
Total gains or losses    
Net realized gains (losses) included in net income related to financial assets 0 0
Net realized (gains) losses included in net income related to financial liabilities 0 0
Net unrealized gains (losses) included in other comprehensive income 0 0
Purchases 0 0
Issuances 0 0
Sales 0 0
Settlements 0 0
Paydowns, maturities and distributions 0 0
Ending balance $ 6 $ 6
[1] Transfers into and out of Level 3 during the three months ended March 31, 2016 and 2015 were attributable to changes in the availability of observable market information for individual fixed maturity securities. The Company’s policy is to recognize transfers into and transfers out of the levels as having occurred at the end of the reporting period in which the transfers were determined.
[2] Represents embedded derivatives, all related to the Company’s fixed indexed annuity (“FIA”) products, reported in Other Policyholder Funds in the Company’s Consolidated Balance Sheets.
[3] Includes U.S. Government and federally sponsored agency obligations for mortgage-backed securities and other mortgage-backed securities.