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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net income $ 114,486 $ 76,472
Unrealized holding gains (losses) arising during the period    
Unrealized holding gains (losses) arising during the period (60,643) 7,367
Less: Reclassification adjustment for net gains (losses) included in net income (3,132) (1,631)
Net unrealized gains (losses) on investments (57,511) 8,998
Unrealized foreign currency translation adjustments 3 34
Other Comprehensive Income (Loss), Cumulative Effect of Adopting an ASU for Financial Instruments, Net of Tax 224 0
Cumulative effect of adopting the accounting standard update for the reclassification of certain tax effects 2,724 0
Other comprehensive income (loss), net of tax (54,560) 9,032
Comprehensive income $ 59,926 $ 85,504