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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended 11 Months Ended
Jan. 31, 2015
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2015
Sep. 30, 2016
Dec. 31, 2015
Successor            
Changes in accumulated other comprehensive income (loss) by component            
Beginning Balance       $ 0 $ (1,246,391) $ 0
Other comprehensive income (loss) before reclassifications         1,215,021 (1,263,453)
Other comprehensive income relating to other-than-temporary impaired investments for which a portion has been recognized in earnings   $ 2,374 $ 1,451 (3,115) (198) (393)
Amounts reclassified from accumulated other comprehensive income (loss)         (11,206) 17,455
Net current-period other comprehensive income (loss)         1,203,617 (1,246,391)
Ending Balance $ 0 (42,774)     (42,774) (1,246,391)
Successor | Unrealized Gains and Losses on Investments            
Changes in accumulated other comprehensive income (loss) by component            
Beginning Balance       0 (1,246,391) 0
Other comprehensive income (loss) before reclassifications         1,215,021 (1,263,367)
Other comprehensive income relating to other-than-temporary impaired investments for which a portion has been recognized in earnings         (198) (393)
Amounts reclassified from accumulated other comprehensive income (loss)         (11,206) 17,369
Net current-period other comprehensive income (loss)         1,203,617 (1,246,391)
Ending Balance 0 (42,774)     (42,774) (1,246,391)
Offset of net unrealized losses in AOCI due to impact those net unrealized losses would have on certain of the Company's insurance assets and liabilities had the net unrealized losses been recognized in net income         47,300 623,000
Successor | Accumulated Gain and Loss Derivatives            
Changes in accumulated other comprehensive income (loss) by component            
Beginning Balance       0 0 0
Other comprehensive income (loss) before reclassifications         0 (86)
Other comprehensive income relating to other-than-temporary impaired investments for which a portion has been recognized in earnings         0 0
Amounts reclassified from accumulated other comprehensive income (loss)         0 86
Net current-period other comprehensive income (loss)         0 0
Ending Balance 0 $ 0     $ 0 0
Predecessor            
Changes in accumulated other comprehensive income (loss) by component            
Beginning Balance 1,483,211     1,960,977   1,960,977
Other comprehensive income (loss) before reclassifications 482,152          
Other comprehensive income relating to other-than-temporary impaired investments for which a portion has been recognized in earnings (243)          
Amounts reclassified from accumulated other comprehensive income (loss) (4,143)          
Net current-period other comprehensive income (loss) 477,766          
Ending Balance 1,960,977          
Predecessor | Unrealized Gains and Losses on Investments            
Changes in accumulated other comprehensive income (loss) by component            
Beginning Balance 1,483,293     1,961,027   1,961,027
Other comprehensive income (loss) before reclassifications 482,143          
Other comprehensive income relating to other-than-temporary impaired investments for which a portion has been recognized in earnings (243)          
Amounts reclassified from accumulated other comprehensive income (loss) (4,166)          
Net current-period other comprehensive income (loss) 477,734          
Ending Balance 1,961,027          
Offset of net unrealized losses in AOCI due to impact those net unrealized losses would have on certain of the Company's insurance assets and liabilities had the net unrealized losses been recognized in net income (492,600)          
Predecessor | Accumulated Gain and Loss Derivatives            
Changes in accumulated other comprehensive income (loss) by component            
Beginning Balance (82)     $ (50)   $ (50)
Other comprehensive income (loss) before reclassifications 9          
Other comprehensive income relating to other-than-temporary impaired investments for which a portion has been recognized in earnings 0          
Amounts reclassified from accumulated other comprehensive income (loss) 23          
Net current-period other comprehensive income (loss) 32          
Ending Balance $ (50)