| 20. | Other comprehensive income (loss) |
Charges and credits to other comprehensive income (loss) have been as follows:
| For the year
ended December 31, 2011 |
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| Interest rate swap and cap agreements |
Investment securities |
Accumulated other comprehensive income (loss) |
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|
Beginning balance |
$ | — | $ | 503 | $ | 503 | ||||||
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Unrealized losses |
(47,544 | ) | (986 | ) | (48,530 | ) | ||||||
|
Related income tax benefit |
18,495 | 384 | 18,879 | |||||||||
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| (29,049 | ) | (602 | ) | (29,651 | ) | |||||||
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Reclassification from accumulated other comprehensive loss (income) into net income |
15,911 | (93 | ) | 15,818 | ||||||||
|
Related tax |
(6,190 | ) | 36 | (6,154 | ) | |||||||
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|
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| 9,721 | (57 | ) | 9,664 | |||||||||
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|
Ending balance |
$ | (19,328 | ) | $ | (156 | ) | $ | (19,484 | ) | |||
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| For the year
ended December 31, 2012 |
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| Interest rate swap and cap agreements |
Investment securities |
Foreign currency translation adjustments |
Accumulated other comprehensive income (loss) |
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|
Beginning balance |
$ | (19,328 | ) | $ | (156 | ) | $ | — | $ | (19,484 | ) | |||||
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|
Unrealized (losses) gains |
(10,154 | ) | 2,524 | (1,205 | ) | (8,835 | ) | |||||||||
|
Related income tax benefit (expense) |
3,950 | (983 | ) | — | 2,967 | |||||||||||
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| (6,204 | ) | 1,541 | (1,205 | ) | (5,868 | ) | ||||||||||
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|
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|
Reclassification from accumulated other comprehensive loss (income) into net income |
16,578 | (123 | ) | — | 16,455 | |||||||||||
|
Related tax |
(6,448 | ) | 48 | — | (6,400 | ) | ||||||||||
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| 10,130 | (75 | ) | — | 10,055 | ||||||||||||
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|
Ending balance |
$ | (15,402 | ) | $ | 1,310 | $ | (1,205 | ) | $ | (15,297 | ) | |||||
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| For the year
ended December 31, 2013 |
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| Interest rate swap and cap agreements |
Investment securities |
Foreign currency translation adjustments |
Accumulated other comprehensive income (loss) |
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|
Beginning balance |
$ | (15,402 | ) | $ | 1,310 | $ | (1,205 | ) | $ | (15,297 | ) | |||||
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|
Unrealized gains (losses) |
277 | 3,752 | (2,216 | ) | 1,813 | |||||||||||
|
Related income tax benefit (expense) |
(108 | ) | (1,452 | ) | — | (1,560 | ) | |||||||||
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| 169 | 2,300 | (2,216 | ) | 253 | ||||||||||||
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Reclassification from accumulated other comprehensive loss (income) into net income |
21,096 | (802 | ) | — | 20,294 | |||||||||||
|
Related tax |
(8,207 | ) | 312 | — | (7,895 | ) | ||||||||||
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|
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| 12,889 | (490 | ) | — | 12,399 | ||||||||||||
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Ending balance |
$ | (2,344 | ) | $ | 3,120 | $ | (3,421 | ) | $ | (2,645 | ) | |||||
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The reclassification of net swap and cap realized losses into income are recorded as debt expense in the corresponding consolidated statements of income. See Note 14 to the consolidated financial statements for further details.
The reclassification of net investment realized gains into income are recorded in other income in the corresponding consolidated statements of income. See Note 9 to the consolidated financial statements for further details.