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DEBT AND OTHER OBLIGATIONS - Non-Recourse Funding Obligations (Details)
1 Months Ended 2 Months Ended 3 Months Ended
Jan. 15, 2016
USD ($)
Oct. 10, 2012
USD ($)
Jan. 31, 2015
USD ($)
Mar. 31, 2015
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
reinsurer
Debt Instrument [Line Items]            
Non-recourse funding obligation, carrying value $ 1,150,000,000          
Financing Arrangement with Golden Gate and Syndicate if Risk Takers            
Debt Instrument [Line Items]            
Term of financing agreement 18 years          
Financing capacity under the arrangement $ 2,188,000,000.000          
Golden Gate | Non-recourse Funding Obligations Series            
Debt Instrument [Line Items]            
Outstanding non-recourse funding obligations 800,000,000          
Golden Gate | Surplus Notes | Steel City Notes            
Debt Instrument [Line Items]            
Amount of debt issued 2,188,000,000.000          
Steel City | Surplus Notes | Golden Gate Surplus Notes            
Debt Instrument [Line Items]            
Amount of debt issued $ 2,188,000,000.000          
Golden Gate V and Red Mountain            
Debt Instrument [Line Items]            
Transaction period of financing for reserves related to a block of universal life insurance policies with secondary guarantees   20 years        
Maximum amount to be financed for reserves related to a block of universal life insurance policies with secondary guarantees   $ 945,000,000        
Red Mountain            
Debt Instrument [Line Items]            
Maximum amount to be financed for reserves related to a block of universal life insurance policies with secondary guarantees   945,000,000        
Initial principal amount of note for deposit to a reinsurance trust   $ 275,000,000        
Successor            
Debt Instrument [Line Items]            
Outstanding non-recourse funding obligations repurchased at a discount       $ (20,000,000) $ (2,179,700,000)  
Non-recourse funding obligations         2,984,486,000 $ 1,951,563,000
Successor | Golden Gate            
Debt Instrument [Line Items]            
Payments made under the agreements         0  
Successor | Golden Gate | Non-recourse Funding Obligations Series            
Debt Instrument [Line Items]            
Outstanding non-recourse funding obligations           800,000,000
Successor | Golden Gate | Series A1 Non-recourse Funding Obligation            
Debt Instrument [Line Items]            
Outstanding non-recourse funding obligations           $ 400,000,000
Fixed interest rate (as a percent)           7.375%
Successor | Golden Gate | Series A2 Non-recourse Funding Obligation            
Debt Instrument [Line Items]            
Outstanding non-recourse funding obligations           $ 100,000,000
Fixed interest rate (as a percent)           8.00%
Successor | Golden Gate | Series A3 Non-recourse Funding Obligation            
Debt Instrument [Line Items]            
Outstanding non-recourse funding obligations           $ 300,000,000
Fixed interest rate (as a percent)           8.45%
Successor | Golden Gate | Surplus Notes | Steel City Notes            
Debt Instrument [Line Items]            
Long-term Debt         2,171,000,000  
Successor | Golden Gate Captive Insurance Company            
Debt Instrument [Line Items]            
Non-recourse funding obligations         $ 2,171,000,000  
Non-recourse funding obligation, year-to-date weighted-average interest rate         4.75%  
Successor | Golden Gate Captive Insurance Company | Non Recourse Funding Obligations            
Debt Instrument [Line Items]            
Number of series of non-recourse funding obligations | reinsurer           3
Successor | Golden Gate I I            
Debt Instrument [Line Items]            
Outstanding non-recourse funding obligations         $ 575,000,000  
Non-recourse funding obligations held by external parties         133,600,000  
Non-recourse funding obligations held by nonconsolidated affiliates         145,300,000  
Non-recourse funding obligations held by consolidated subsidiaries of the Company         296,100,000  
Payments made under the agreements         0  
Amount of collateralized support agreement obligations by PLC         1,500,000  
Outstanding non-recourse funding obligations repurchased at a discount       $ 0 11,300,000  
Non-recourse funding obligations         $ 226,703,000  
Non-recourse funding obligation, year-to-date weighted-average interest rate         1.29%  
Successor | Golden Gate V and Red Mountain            
Debt Instrument [Line Items]            
Payments made under the agreements         $ 0  
Successor | Red Mountain            
Debt Instrument [Line Items]            
Initial principal amount of note for deposit to a reinsurance trust         520,000,000  
Future scheduled capital contributions to prefund credit enhancements fees amount         134,200,000  
Successor | Golden Gate V            
Debt Instrument [Line Items]            
Outstanding non-recourse funding obligations         $ 520,000,000  
Fixed interest rate (as a percent)         6.25%  
Maximum amount to be financed for reserves related to a block of universal life insurance policies with secondary guarantees         $ 945,000,000  
Non-recourse funding obligations         $ 584,273,000  
Non-recourse funding obligation, year-to-date weighted-average interest rate         5.12%  
Successor | MONY            
Debt Instrument [Line Items]            
Non-recourse funding obligations         $ 2,510,000  
Non-recourse funding obligation, year-to-date weighted-average interest rate         6.19%  
Predecessor            
Debt Instrument [Line Items]            
Outstanding non-recourse funding obligations repurchased at a discount     $ 0      
Predecessor | Golden Gate I I            
Debt Instrument [Line Items]            
Outstanding non-recourse funding obligations repurchased at a discount     $ 0