The following table summarizes Torchmark’s noncash transactions, which are not reflected on the Consolidated Statements of Cash Flows:
Year Ended December 31, | ||||||||||||
2013 | 2012 | 2011 | ||||||||||
Stock-based compensation not involving cash |
$ | 25,642 | $ | 21,605 | $ | 14,954 | ||||||
Commitments for low-income housing interests |
42,525 | 29,759 | 36,722 | |||||||||
Capitalized investment income |
806 | 1,537 | 5,321 | |||||||||
Debt assumed to acquire Family Heritage |
0 | 20,000 | 0 |