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Other Comprehensive Income
12 Months Ended
Dec. 31, 2019
Comprehensive Income Note Disclosure [Abstract]  
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss)

The following table presents the changes in each component of AOCI, net of noncontrolling interests:
 
Unrealized Appreciation on Available-For-Sale Investments
 
Foreign Currency Translation Adjustments
 
Total
Year Ended December 31, 2019
 
 
 
 
 
Beginning balance
$
(114,178
)
 
$
(64,542
)
 
$
(178,720
)
Other comprehensive income (loss) before reclassifications
491,605

 
18,147

 
509,752

Amounts reclassified from accumulated other comprehensive income
(118,941
)
 

 
(118,941
)
Net current period other comprehensive income (loss)
372,664

 
18,147

 
390,811

Ending balance
$
258,486

 
$
(46,395
)
 
$
212,091

 
 
 
 
 
 
Year Ended December 31, 2018
 
 
 
 
 
Beginning balance
$
157,400

 
$
(39,356
)
 
$
118,044

Cumulative effect of an accounting change
(149,794
)
 

 
(149,794
)
Other comprehensive income (loss) before reclassifications
(266,357
)
 
(25,186
)
 
(291,543
)
Amounts reclassified from accumulated other comprehensive income
144,573

 

 
144,573

Net current period other comprehensive income (loss)
(121,784
)
 
(25,186
)
 
(146,970
)
Ending balance
$
(114,178
)
 
$
(64,542
)
 
$
(178,720
)
 
 
 
 
 
 
Year Ended December 31, 2017
 
 
 
 
 
Beginning balance
$
(27,641
)
 
$
(86,900
)
 
$
(114,541
)
Other comprehensive income (loss) before reclassifications
252,904

 
47,544

 
300,448

Amounts reclassified from accumulated other comprehensive income
(67,863
)
 

 
(67,863
)
Net current period other comprehensive income (loss)
185,041

 
47,544

 
232,585

Ending balance
$
157,400

 
$
(39,356
)
 
$
118,044


The following tables present details about amounts reclassified from accumulated other comprehensive income and the tax effects allocated to each component of other comprehensive income (loss):
 
 
Consolidated Statement of Income
 
Amounts Reclassified from AOCI
Details About
 
Line Item That Includes
 
Year Ended December 31,
 AOCI Components
 
Reclassification
 
2019
 
2018
 
2017
Unrealized appreciation on available-for-sale investments
 
 
 
 
 
 
 
 
Net realized gains (losses)
 
$
131,043

 
$
(153,822
)
 
$
82,542

 
 
Other-than-temporary impairment losses
 
(3,165
)
 
(2,829
)
 
(7,138
)
 
 
Total before tax
 
127,878

 
(156,651
)
 
75,404

 
 
Income tax (expense) benefit
 
(8,937
)
 
12,078

 
(7,541
)
 
 
Net of tax
 
$
118,941

 
$
(144,573
)
 
$
67,863


Following are the related tax effects allocated to each component of other comprehensive income (loss):
 
Before Tax
 
Tax Expense
 
Net of Tax
 
Amount
 
(Benefit)
 
Amount
Year Ended December 31, 2019
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
562,576

 
$
61,805

 
$
500,771

Less reclassification of net realized gains (losses) included in net income
127,878

 
8,937

 
118,941

Foreign currency translation adjustments
18,463

 
353

 
18,110

Other comprehensive income (loss)
$
453,161

 
$
53,221

 
$
399,940

 
 
 
 
 
 
Year Ended December 31, 2018
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
(294,267
)
 
$
(24,210
)
 
$
(270,057
)
Less reclassification of net realized gains (losses) included in net income
(156,651
)
 
(12,078
)
 
(144,573
)
Foreign currency translation adjustments
(25,006
)
 
(176
)
 
(24,830
)
Other comprehensive income (loss)
$
(162,622
)
 
$
(12,308
)
 
$
(150,314
)
 
 
 
 
 
 
Year Ended December 31, 2017
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
266,559

 
$
13,655

 
$
252,904

Less reclassification of net realized gains (losses) included in net income
75,404

 
7,541

 
67,863

Foreign currency translation adjustments
47,549

 
535

 
47,014

Other comprehensive income (loss)
$
238,704

 
$
6,649

 
$
232,055