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Basis of Presentation (Tables)
 9 Months Ended
Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Investment Contract And Life Policy Reserves This table summarizes the Company’s investment contract and life policy reserves.
($ in thousands)
 
September 30, 2018
 
December 31, 2017
 
 
 
 
 
Investment contract reserves
 
$
4,545,232

 
$
4,452,972

Life policy reserves
 
1,145,457

 
1,120,763

Total
 
$
5,690,689

 
$
5,573,735
Accumulated Other Comprehensive Income (Loss) The following tables reconcile these components.
($ in thousands)
 
Net Unrealized Investment
Gains (Losses) on Securities (1)(2)
 
Net Funded Status of
Benefit Plans (1)
 
Total (1)
 
 
 
 
 
 
 
Beginning balance, July 1, 2018
 
$
125,596

 
$
(13,217
)
 
$
112,379

Other comprehensive income (loss) before reclassifications
 
(49,165
)
 
—

 
(49,165
)
Amounts reclassified from accumulated
other comprehensive income (loss)
 
(473
)
 
—

 
(473
)
Cumulative effect of change in accounting principle
 
—

 
—

 
—

Net current period other comprehensive income (loss)
 
(49,638
)
 
—

 
(49,638
)
Ending balance, September 30, 2018
 
$
75,958

 
$
(13,217
)
 
$
62,741

 
 
 
 
 
 
 
Beginning balance, January 1, 2018
 
$
300,177

 
$
(13,217
)
 
$
286,960

Other comprehensive income (loss) before reclassifications
 
(211,577
)
 
—

 
(211,577
)
Amounts reclassified from accumulated
other comprehensive income (loss)
 
2,399

 
—

 
2,399

Cumulative effect of change in accounting principle (3)
 
(15,041
)
 
—

 
(15,041
)
Net current period other comprehensive income (loss)
 
(224,219
)
 
—

 
(224,219
)
Ending balance, September 30, 2018
 
$
75,958

 
$
(13,217
)
 
$
62,741

________________
(1) 
All amounts are net of tax.
(2) 
The pretax amounts reclassified from AOCI, $599 thousand and $(3,037) thousand, are included in Net investment gains (losses) and the related income tax expenses, $126 thousand and $(638) thousand, are included in Income tax expense in the Consolidated Statements of Operations for the three and nine month periods ended September 30, 2018, respectively.
(3) 
The Company adopted guidance on January 1, 2018 that resulted in reclassifying $15,041 thousand of after tax net unrealized gains on equity securities from AOCI to Retained earnings.

($ in thousands)
 
Net Unrealized Investment
Gains (Losses) on Securities (1)(2)
 
Net Funded Status of
Benefit Plans (1)
 
Total (1)
 
 
 
 
 
 
 
Beginning balance, July 1, 2017
 
$
243,510

 
$
(11,817
)
 
$
231,693

Other comprehensive income (loss) before reclassifications
 
9,786

 
—

 
9,786

Amounts reclassified from accumulated
other comprehensive income (loss)
 
2,422

 
—

 
2,422

Net current period other comprehensive income (loss)
 
12,208

 
—

 
12,208

Ending balance, September 30, 2017
 
$
255,718

 
$
(11,817
)
 
$
243,901

 
 
 
 
 
 
 
Beginning balance, January 1, 2017
 
$
175,738

 
$
(11,817
)
 
$
163,921

Other comprehensive income (loss) before reclassifications
 
78,419

 
—

 
78,419

Amounts reclassified from accumulated
other comprehensive income (loss)
 
1,561

 
—

 
1,561

Net current period other comprehensive income (loss)
 
79,980

 
—

 
79,980

Ending balance, September 30, 2017
 
$
255,718

 
$
(11,817
)
 
$
243,901

________________
(1) 
All amounts are net of tax.
(2) 
The pretax amounts reclassified from AOCI, $(3,726) thousand and $(2,401) thousand, are included in Net investment gains (losses) and the related income tax expenses, $(1,304) thousand and $(840) thousand, are included in Income tax expense in the Consolidated Statements of Operations for the three and nine month periods ended September 30, 2017, respectively.