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Income Taxes (Tables)
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12 Months Ended |
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Dec. 31, 2013
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| IncomeTaxDisclosureAbstract |
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| Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
| | | | | 2013 | | 2012 | | 2011 | | | | | | | | | | | | | | | | | | | (in thousands) | | Current tax expense (benefit): | | | | | | | | | | | U.S. | | $ | 250,601 | | $ | 216,654 | | $ | 42,474 | | Total | | | 250,601 | | | 216,654 | | | 42,474 | | | | | | | | | | | | | Deferred tax expense (benefit): | | | | | | | | | | | U.S. | | | 315,819 | | | (35,614) | | | (263,930) | | Total | | | 315,819 | | | (35,614) | | | (263,930) | | | | | | | | | | | | | Total income tax expense on continuing operations | | | 566,420 | | | 181,040 | | | (221,456) | | Total income tax expense (benefit) reported in equity related to: | | | | | | | | | | | Other comprehensive income (loss) | | | (113,517) | | | 29,258 | | | 16,417 | | Additional paid-in capital | | | (7,574) | | | (9,540) | | | 1,908 | | Total income tax expense (benefit) | | $ | 445,329 | | $ | 200,758 | | $ | (203,131) |
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| Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
| | | | | | 2013 | | 2012 | | 2011 | | | | (in thousands) | | Expected federal income tax expense | | $ | 736,621 | | $ | 302,882 | | $ | (123,964) | | Non-taxable investment income | | | (149,933) | | | (108,463) | | | (81,031) | | Tax credits | | | (20,935) | | | (14,460) | | | (15,977) | | Other | | | 667 | | | 1,081 | | | (484) | | Total income tax expense (benefit) on continuing operations | | $ | 566,420 | | $ | 181,040 | | $ | (221,456) |
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| Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
| | | | | | 2013 | | 2012 | | | | (in thousands) | | Deferred tax assets | | | | | | | | | Insurance reserves | | $ | 1,551,346 | | $ | 1,436,802 | | | Investments | | | 82,821 | | | - | | | Other | | | - | | | 824 | | | Deferred tax assets | | $ | 1,634,167 | | $ | 1,437,626 | | | | | | | | | | | | | Deferred tax liabilities | | | | | | | | | Deferred policy acquisition costs | | $ | 1,412,944 | | $ | 960,414 | | | Deferred sales inducements | | | 346,461 | | | 275,762 | | | Net unrealized gains on securities | | | 46,247 | | | 176,441 | | | Investments | | | - | | | 2,315 | | | Other | | | 1,232 | | | - | | | Deferred tax liabilities | | | 1,806,884 | | | 1,414,932 | | Net deferred tax asset (liability) | | $ | (172,717) | | $ | 22,694 |
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| Unrecognized Tax Benefits Reconciliation [Table Text Block] |
| | | | 2013 | | | 2012 | | | 2011 | | | | | (in thousands) | | Balance at January 1, | | $ | - | | $ | 113 | | $ | 1,620 | | Increases in unrecognized tax benefits - prior years | | | - | | | 464 | | | - | | (Decreases) in unrecognized tax benefits- prior years | | | - | | | - | | | (1,507) | | Increases in unrecognized tax benefits - current year | | | - | | | - | | | - | | (Decreases) in unrecognized tax benefits- current year | | | - | | | - | | | - | | Settlements with taxing authorities | | | - | | | (577) | | | - | | Balance at December 31, | | $ | - | | $ | - | | $ | 113 | | | | | | | | | | | | | Unrecognized tax benefits that, if recognized, would favorably impact the effective rate | | | - | | | - | | | - |
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