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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES      
Net increase in net assets resulting from operations $ 1,184.9 $ 1,646.4 $ 2,118.2
Adjustments to reconcile net changes in net assets resulting from operations to net cash used in operating activities:      
Net realized gain on investments (20.0) (618.5) (99.7)
Net change in unrealized appreciation on investments and mortgage loans payable (599.8) (526.9) (1,528.7)
Purchase of real estate properties (623.9) (1,229.6) (1,368.2)
Capital improvements on real estate properties (157.2) (167.9) (206.7)
Proceeds from sale of real estate properties 251.1 442.9 933.8
Purchases of long term investments (1,379.4) (1,102.4) (458.9)
Proceeds from long term investments 68.3 1,499.8 431.9
Increase in loans receivable (194.8) (100.0) 0.0
(Increase) decrease in other investments 153.6 (376.5) (711.8)
Change in due to (from) investment manager (0.2) 1.5 (4.7)
(Increase) decrease in other assets (102.4) (33.3) 85.7
Increase (decrease) in other liabilities 122.3 29.1 (1.7)
NET CASH USED IN OPERATING ACTIVITIES (1,297.5) (535.4) (810.8)
CASH FLOWS FROM FINANCING ACTIVITIES      
Mortgage loan proceeds received 563.5 0.0 252.5
Payments of mortgage loans (34.7) (373.8) (222.7)
Premiums 3,064.2 2,852.3 2,432.6
Annuity payments (41.0) (36.7) (31.6)
Withdrawals and death benefits (2,263.4) (1,931.0) (1,598.1)
NET CASH PROVIDED BY FINANCING ACTIVITIES 1,288.6 510.8 832.7
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (8.9) (24.6) 21.9
CASH AND CASH EQUIVALENTS      
Beginning of period 11.9 36.5 14.6
End of period 3.0 11.9 36.5
SUPPLEMENTAL DISCLOSURES      
Cash paid for interest 84.2 82.7 100.1
Debt assumed as part of a real estate acquisition 24.0 0.0 0.0
Loan assignment as part of a real estate disposition 0.0 200.0 0.0
Conversion of note receivable $ 0.0 $ 100.6 $ 0.0