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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 4) - USD ($)
1 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Jan. 31, 2015
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2015
Sep. 30, 2016
Successor          
Transfers          
Securities transferred into Level 3   $ 0 $ 0 $ 0 $ 71,300,000
Securities transferred into Level 2 from Level 3   47,500,000 20,000,000 61,900,000 197,600,000
Securities transferred from Level 2 to Level 1   0 0 90,400,000 12,200,000
Securities transferred out of Level 1   0 0 0 100,000
Predecessor          
Transfers          
Securities transferred into Level 3 $ 43,200,000        
Securities transferred into Level 2 from Level 3 0        
Securities transferred from Level 2 to Level 1 0        
Securities transferred out of Level 1 0        
Level 3 | Successor          
Assets:          
Beginning Balance   1,614,284,000 2,049,208,000 2,240,077,000 1,795,178,000
Total Realized and Unrealized Gains Included in Earnings   29,315,000 232,000 48,678,000 59,973,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   32,680,000 5,983,000 21,767,000 64,560,000
Total Realized and Unrealized Losses Included in Earnings   (1,516,000) (47,543,000) (57,507,000) (34,237,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,354,000) (12,985,000) (50,123,000) (31,742,000)
Purchases   51,886,000 64,183,000 176,112,000 99,400,000
Sales   (35,379,000) (107,218,000) (379,646,000) (181,976,000)
Transfers in and/or out of Level 3   (47,480,000) (20,037,000) (61,890,000) (126,282,000)
Other   (5,042,000) (1,605,000) (7,250,000) (9,480,000)
Ending Balance 2,240,077,000 1,635,394,000 1,930,218,000 1,930,218,000 1,635,394,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   27,460,000 (47,166,000) (16,892,000) 21,913,000
Liabilities:          
Beginning Balance   669,866,000 438,123,000 628,397,000 468,360,000
Total Realized and Unrealized Gains Included in Earnings   22,275,000 17,329,000 230,183,000 37,860,000
Total Realized and Unrealized Losses Included in Earnings   (46,791,000) (61,366,000) (88,590,000) (268,670,000)
Issuances   279,000 93,000 179,000 529,000
Settlements   2,226,000 3,246,000 7,976,000 7,264,000
Other   1,249,000      
Ending Balance 628,397,000 693,684,000 479,007,000 479,007,000 693,684,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (23,781,000) (40,864,000) 146,309,000 (228,979,000)
Level 3 | Successor | Annuity account          
Liabilities:          
Beginning Balance   88,820,000 95,178,000 98,279,000 92,512,000
Total Realized and Unrealized Losses Included in Earnings   (735,000) (3,173,000) (4,716,000) (1,831,000)
Issuances   279,000 93,000 179,000 529,000
Settlements   2,226,000 3,246,000 7,976,000 7,264,000
Other   1,249,000      
Ending Balance 98,279,000 88,857,000 95,198,000 95,198,000 88,857,000
Level 3 | Successor | Other liabilities          
Liabilities:          
Beginning Balance   581,046,000 342,945,000 530,118,000 375,848,000
Total Realized and Unrealized Gains Included in Earnings   22,275,000 17,329,000 230,183,000 37,860,000
Total Realized and Unrealized Losses Included in Earnings   (46,056,000) (58,193,000) (83,874,000) (266,839,000)
Ending Balance 530,118,000 604,827,000 383,809,000 383,809,000 604,827,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (23,781,000) (40,864,000) 146,309,000 (228,979,000)
Level 3 | Successor | Total investments          
Assets:          
Beginning Balance   1,614,284,000 2,049,208,000 2,240,077,000 1,795,178,000
Total Realized and Unrealized Gains Included in Earnings   29,315,000 232,000 48,678,000 59,973,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   32,680,000 5,983,000 21,767,000 64,560,000
Total Realized and Unrealized Losses Included in Earnings   (1,516,000) (47,543,000) (57,507,000) (34,237,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,354,000) (12,985,000) (50,123,000) (31,742,000)
Purchases   51,886,000 64,183,000 176,112,000 99,400,000
Sales   (35,379,000) (107,218,000) (379,646,000) (181,976,000)
Transfers in and/or out of Level 3   (47,480,000) (20,037,000) (61,890,000) (126,282,000)
Other   (5,042,000) (1,605,000) (7,250,000) (9,480,000)
Ending Balance 2,240,077,000 1,635,394,000 1,930,218,000 1,930,218,000 1,635,394,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   27,460,000 (47,166,000) (16,892,000) 21,913,000
Level 3 | Successor | Fixed maturities          
Assets:          
Beginning Balance   1,484,838,000 1,882,229,000 2,109,186,000 1,660,290,000
Total Realized and Unrealized Gains Included in Earnings   3,641,000 232,000 8,646,000 13,807,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   32,680,000 5,939,000 21,723,000 64,560,000
Total Realized and Unrealized Losses Included in Earnings   (71,000) (2,774,000) (9,025,000) (5,407,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,354,000) (12,985,000) (50,123,000) (31,742,000)
Purchases   51,886,000 64,183,000 176,112,000 97,949,000
Sales   (35,379,000) (107,218,000) (379,415,000) (181,976,000)
Transfers in and/or out of Level 3   (47,480,000) (20,037,000) (61,890,000) (126,282,000)
Other   (5,042,000) (1,605,000) (7,250,000) (9,480,000)
Ending Balance 2,109,186,000 1,481,719,000 1,807,964,000 1,807,964,000 1,481,719,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   3,231,000 (2,397,000) (8,442,000) 4,577,000
Level 3 | Successor | Fixed maturities | Available-for-sale securities          
Assets:          
Beginning Balance   1,316,287,000 1,702,319,000 1,914,583,000 1,489,153,000
Total Realized and Unrealized Gains Included in Earnings     76,000 4,367,000 7,784,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   32,680,000 5,939,000 21,723,000 64,560,000
Total Realized and Unrealized Losses Included in Earnings     (164,000) (943,000) (4,135,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,354,000) (12,985,000) (50,123,000) (31,742,000)
Purchases   51,886,000 62,183,000 174,112,000 87,041,000
Sales   (26,013,000) (101,161,000) (359,898,000) (166,327,000)
Transfers in and/or out of Level 3   (36,237,000) (20,037,000) (61,890,000) (106,732,000)
Other   (5,062,000) (1,678,000) (7,439,000) (9,415,000)
Ending Balance 1,914,583,000 1,330,187,000 1,634,492,000 1,634,492,000 1,330,187,000
Level 3 | Successor | Fixed maturities | Trading Securities          
Assets:          
Beginning Balance   168,551,000 179,910,000 194,603,000 171,137,000
Total Realized and Unrealized Gains Included in Earnings   3,641,000 156,000 4,279,000 6,023,000
Total Realized and Unrealized Losses Included in Earnings   (71,000) (2,610,000) (8,082,000) (1,272,000)
Purchases     2,000,000 2,000,000 10,908,000
Sales   (9,366,000) (6,057,000) (19,517,000) (15,649,000)
Transfers in and/or out of Level 3   (11,243,000)     (19,550,000)
Other   20,000 73,000 189,000 (65,000)
Ending Balance 194,603,000 151,532,000 173,472,000 173,472,000 151,532,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   3,231,000 (2,397,000) (8,442,000) 4,577,000
Level 3 | Successor | Residential mortgage-backed securities | Available-for-sale securities          
Assets:          
Beginning Balance   3,000 3,000 3,000 3,000
Ending Balance 3,000 3,000 3,000 3,000 3,000
Level 3 | Successor | Commercial mortgage-backed securities | Available-for-sale securities          
Assets:          
Beginning Balance   0     0
Total Realized and Unrealized Gains Included in Other Comprehensive Income   6,000     6,000
Purchases   23,559,000     23,559,000
Other   (6,000)     (6,000)
Ending Balance   23,559,000     23,559,000
Level 3 | Successor | Other asset-backed securities | Available-for-sale securities          
Assets:          
Beginning Balance   533,141,000 590,885,000 603,646,000 587,031,000
Total Realized and Unrealized Gains Included in Earnings         6,859,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   23,350,000   165,000 24,119,000
Total Realized and Unrealized Losses Included in Earnings       (92,000)  
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (19,000) (4,185,000) (17,076,000) (21,426,000)
Purchases         9,597,000
Sales   (12,000)   (127,000) (58,461,000)
Transfers in and/or out of Level 3         7,457,000
Other   (3,231,000) (949,000) (765,000) (1,947,000)
Ending Balance 603,646,000 553,229,000 585,751,000 585,751,000 553,229,000
Level 3 | Successor | Other asset-backed securities | Trading Securities          
Assets:          
Beginning Balance   151,964,000 160,594,000 169,473,000 152,912,000
Total Realized and Unrealized Gains Included in Earnings   3,260,000 83,000 4,032,000 5,310,000
Total Realized and Unrealized Losses Included in Earnings   (71,000) (1,640,000) (6,813,000) (1,013,000)
Purchases     2,000,000 2,000,000  
Sales   (9,366,000) (6,001,000) (13,877,000) (11,578,000)
Transfers in and/or out of Level 3         172,000
Other   46,000 117,000 338,000 30,000
Ending Balance 169,473,000 145,833,000 155,153,000 155,153,000 145,833,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   3,189,000 (1,500,000) (6,896,000) 4,294,000
Level 3 | Successor | States, municipals, and political subdivisions | Available-for-sale securities          
Assets:          
Beginning Balance       3,675,000  
Sales       (3,675,000)  
Ending Balance 3,675,000        
Level 3 | Successor | Corporate securities | Available-for-sale securities          
Assets:          
Beginning Balance   783,143,000 1,111,431,000 1,307,259,000 902,119,000
Total Realized and Unrealized Gains Included in Earnings     76,000 4,367,000 925,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   9,324,000 5,939,000 21,558,000 40,435,000
Total Realized and Unrealized Losses Included in Earnings     (164,000) (851,000) (4,135,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,335,000) (8,800,000) (33,047,000) (10,316,000)
Purchases   28,327,000 62,183,000 174,112,000 53,885,000
Sales   (26,001,000) (101,161,000) (356,096,000) (107,866,000)
Transfers in and/or out of Level 3   (36,237,000) (20,037,000) (61,890,000) (114,189,000)
Other   (1,825,000) (729,000) (6,674,000) (7,462,000)
Ending Balance 1,307,259,000 753,396,000 1,048,738,000 1,048,738,000 753,396,000
Level 3 | Successor | Corporate securities | Trading Securities          
Assets:          
Beginning Balance   16,587,000 19,316,000 25,130,000 18,225,000
Total Realized and Unrealized Gains Included in Earnings   381,000 73,000 247,000 713,000
Total Realized and Unrealized Losses Included in Earnings     (970,000) (1,269,000) (259,000)
Purchases         10,908,000
Sales     (56,000) (5,640,000) (4,071,000)
Transfers in and/or out of Level 3   (11,243,000)     (19,722,000)
Other   (26,000) (44,000) (149,000) (95,000)
Ending Balance 25,130,000 5,699,000 18,319,000 18,319,000 5,699,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   42,000 (897,000) (1,546,000) 283,000
Level 3 | Successor | Equity securities          
Assets:          
Beginning Balance   66,526,000 66,460,000 66,691,000 66,504,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income     44,000 44,000  
Purchases         22,000
Sales       (231,000)  
Ending Balance 66,691,000 66,526,000 66,504,000 66,504,000 66,526,000
Level 3 | Successor | Other long-term investments.          
Assets:          
Beginning Balance   62,920,000 100,519,000 64,200,000 68,384,000
Total Realized and Unrealized Gains Included in Earnings   25,674,000   40,032,000 46,166,000
Total Realized and Unrealized Losses Included in Earnings   (1,445,000) (44,769,000) (48,482,000) (28,830,000)
Purchases         1,429,000
Ending Balance 64,200,000 87,149,000 55,750,000 55,750,000 87,149,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   $ 24,229,000 $ (44,769,000) (8,450,000) $ 17,336,000
Level 3 | Predecessor          
Assets:          
Beginning Balance 2,198,843,000     2,221,953,000  
Total Realized and Unrealized Gains Included in Earnings 17,805,000        
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000        
Total Realized and Unrealized Losses Included in Earnings (15,501,000)        
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896,000)        
Sales (7,586,000)        
Transfers in and/or out of Level 3 43,205,000        
Other (199,000)        
Ending Balance 2,221,953,000        
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 2,304,000        
Liabilities:          
Beginning Balance 604,168,000     730,226,000  
Total Realized and Unrealized Gains Included in Earnings 61,000        
Total Realized and Unrealized Losses Included in Earnings (126,531,000)        
Issuances 7,000        
Settlements 419,000        
Ending Balance 730,226,000        
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (125,934,000)        
Level 3 | Predecessor | Annuity account          
Liabilities:          
Beginning Balance 97,825,000     97,949,000  
Total Realized and Unrealized Losses Included in Earnings (536,000)        
Issuances 7,000        
Settlements 419,000        
Ending Balance 97,949,000        
Level 3 | Predecessor | Other liabilities          
Liabilities:          
Beginning Balance 506,343,000     632,277,000  
Total Realized and Unrealized Gains Included in Earnings 61,000        
Total Realized and Unrealized Losses Included in Earnings (125,995,000)        
Ending Balance 632,277,000        
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (125,934,000)        
Level 3 | Predecessor | Total investments          
Assets:          
Beginning Balance 2,198,843,000     2,221,953,000  
Total Realized and Unrealized Gains Included in Earnings 17,805,000        
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000        
Total Realized and Unrealized Losses Included in Earnings (15,501,000)        
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896,000)        
Sales (7,586,000)        
Transfers in and/or out of Level 3 43,205,000        
Other (199,000)        
Ending Balance 2,221,953,000        
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 2,304,000        
Level 3 | Predecessor | Fixed maturities          
Assets:          
Beginning Balance 2,087,527,000     2,109,186,000  
Total Realized and Unrealized Gains Included in Earnings 1,188,000        
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000        
Total Realized and Unrealized Losses Included in Earnings (335,000)        
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896,000)        
Sales (7,586,000)        
Transfers in and/or out of Level 3 43,205,000        
Other (199,000)        
Ending Balance 2,109,186,000        
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 853,000        
Level 3 | Predecessor | Fixed maturities | Available-for-sale securities          
Assets:          
Beginning Balance 1,893,322,000     1,914,583,000  
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000        
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896,000)        
Sales (7,094,000)        
Transfers in and/or out of Level 3 43,205,000        
Other (236,000)        
Ending Balance 1,914,583,000        
Level 3 | Predecessor | Fixed maturities | Trading Securities          
Assets:          
Beginning Balance 194,205,000     194,603,000  
Total Realized and Unrealized Gains Included in Earnings 1,188,000        
Total Realized and Unrealized Losses Included in Earnings (335,000)        
Sales (492,000)        
Other 37,000        
Ending Balance 194,603,000        
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 853,000        
Level 3 | Predecessor | Residential mortgage-backed securities | Available-for-sale securities          
Assets:          
Beginning Balance 3,000     3,000  
Ending Balance 3,000        
Level 3 | Predecessor | Other asset-backed securities | Available-for-sale securities          
Assets:          
Beginning Balance 563,961,000     603,646,000  
Total Realized and Unrealized Losses Included in Other Comprehensive Income (3,867,000)        
Sales (32,000)        
Transfers in and/or out of Level 3 43,205,000        
Other 379,000        
Ending Balance 603,646,000        
Level 3 | Predecessor | Other asset-backed securities | Trading Securities          
Assets:          
Beginning Balance 169,461,000     169,473,000  
Total Realized and Unrealized Gains Included in Earnings 586,000        
Total Realized and Unrealized Losses Included in Earnings (139,000)        
Sales (472,000)        
Other 37,000        
Ending Balance 169,473,000        
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 447,000        
Level 3 | Predecessor | States, municipals, and political subdivisions | Available-for-sale securities          
Assets:          
Beginning Balance 3,675,000     3,675,000  
Ending Balance 3,675,000        
Level 3 | Predecessor | Corporate securities | Available-for-sale securities          
Assets:          
Beginning Balance 1,325,683,000     1,307,259,000  
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000        
Total Realized and Unrealized Losses Included in Other Comprehensive Income (23,029,000)        
Sales (7,062,000)        
Other (615,000)        
Ending Balance 1,307,259,000        
Level 3 | Predecessor | Corporate securities | Trading Securities          
Assets:          
Beginning Balance 24,744,000     25,130,000  
Total Realized and Unrealized Gains Included in Earnings 602,000        
Total Realized and Unrealized Losses Included in Earnings (196,000)        
Sales (20,000)        
Ending Balance 25,130,000        
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 406,000        
Level 3 | Predecessor | Equity securities          
Assets:          
Beginning Balance 66,691,000     66,691,000  
Ending Balance 66,691,000        
Level 3 | Predecessor | Other long-term investments.          
Assets:          
Beginning Balance 44,625,000     $ 46,076,000  
Total Realized and Unrealized Gains Included in Earnings 16,617,000        
Total Realized and Unrealized Losses Included in Earnings (15,166,000)        
Ending Balance 46,076,000        
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date $ 1,451,000