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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended
Jan. 31, 2015
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2015
Jun. 30, 2016
Successor          
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)          
Benefits and settlement expenses, net of reinsurance ceded   $ (712,647) $ (693,392) $ (1,178,816) $ (1,425,668)
Realized investment gains (losses): All other investments   88,783 (102,347) (137,403) 170,492
Net impairment losses recognized in earnings   (967) (5,734) (5,734) (3,584)
Income (loss) before income tax   260,580 (35,567) (11,031) 495,559
Tax (expense) or benefit   (87,787) 9,991 1,875 (164,149)
Net income (loss)   172,793 (25,576) (9,156) 331,410
Successor | Gains and losses on derivative instruments | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)          
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)          
Benefits and settlement expenses, net of reinsurance ceded     (41) (131)  
Income (loss) before income tax     (41) (131)  
Tax (expense) or benefit     14 45  
Net income (loss)     (27) (86)  
Successor | Unrealized gains and losses on available-for-sale securities | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)          
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)          
Realized investment gains (losses): All other investments   16,932 3,350 3,723 22,468
Net impairment losses recognized in earnings   (967) (5,734) (5,734) (3,584)
Income (loss) before income tax   15,965 (2,384) (2,011) 18,884
Tax (expense) or benefit   (5,588) 834 703 (6,610)
Net income (loss)   $ 10,377 $ (1,550) $ (1,308) $ 12,274
Predecessor          
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)          
Benefits and settlement expenses, net of reinsurance ceded $ (266,575)        
Realized investment gains (losses): All other investments 81,153        
Net impairment losses recognized in earnings (481)        
Income (loss) before income tax 132,847        
Tax (expense) or benefit (44,325)        
Net income (loss) 88,522        
Predecessor | Gains and losses on derivative instruments | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)          
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)          
Benefits and settlement expenses, net of reinsurance ceded (36)        
Income (loss) before income tax (36)        
Tax (expense) or benefit 13        
Net income (loss) (23)        
Predecessor | Unrealized gains and losses on available-for-sale securities | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)          
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)          
Realized investment gains (losses): All other investments 6,891        
Net impairment losses recognized in earnings (481)        
Income (loss) before income tax 6,410        
Tax (expense) or benefit (2,244)        
Net income (loss) $ 4,166