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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
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
Dec. 31, 2015
Feb. 01, 2015
Operating Segment Assets              
Goodwill             $ 735,700
Successor              
Summarized financial information for the company's segments              
Revenues   $ 1,053,788 $ 1,006,671 $ 2,510,585 $ 3,388,532    
Pre-tax Operating Income (Loss)   84,968 97,507 226,948 302,919    
Realized investment gains (losses) - investments   (688) 8,586 (150,063) 183,343    
Realized investment gains (losses) - derivatives   9,987 50,028 68,205 103,564    
Income before income tax   94,267 156,121 145,090 589,826    
Income tax expense   (20,965) (42,542) (40,667) (185,114)    
Net income   73,302 113,579 104,423 404,712    
Realized gain (losses) on investments              
All other investment gains (losses)   20,844 (4,755) (147,892) 187,752    
Less: amortization related to DAC/VOBA and benefits and settlement expenses   21,532 (13,341) 2,171 4,409    
Realized investment gains (losses) - investments   (688) 8,586 (150,063) 183,343    
Realized gain (losses) on derivatives              
Derivative financial instruments gains (losses)   532 41,895 47,513 75,988    
Less: VA GMWB economic cost   (9,455) (8,133) (20,692) (27,576)    
Realized investment gains (losses) - derivatives   9,987 50,028 68,205 103,564    
Other-than-temporary impairments   3,308 10,064 15,798 6,892    
Operating Segment Assets              
Investments and other assets   72,312,665     72,312,665 $ 65,091,991  
Deferred policy acquisition costs and value of business acquired   1,914,388     1,914,388 1,562,373  
Other intangibles   614,147     614,147 645,131  
Goodwill   732,443     732,443 732,443 $ 735,700
Total assets   75,573,643     75,573,643 68,031,938  
Successor | Operating | Life Marketing              
Summarized financial information for the company's segments              
Revenues   382,224 358,194 960,807 1,148,121    
Pre-tax Operating Income (Loss)   (512) 18,758 28,711 37,712    
Operating Segment Assets              
Investments and other assets   14,171,442     14,171,442 13,258,639  
Deferred policy acquisition costs and value of business acquired   1,155,759     1,155,759 1,119,515  
Other intangibles   305,403     305,403 319,623  
Goodwill   200,274     200,274 200,274  
Total assets   15,832,878     15,832,878 14,898,051  
Successor | Operating | Acquisitions              
Summarized financial information for the company's segments              
Revenues   391,017 352,141 974,915 1,269,672    
Pre-tax Operating Income (Loss)   70,157 59,016 132,962 184,095    
Operating Segment Assets              
Investments and other assets   19,986,370     19,986,370 19,879,988  
Deferred policy acquisition costs and value of business acquired   82,803     82,803 (178,662)  
Other intangibles   37,741     37,741 39,658  
Goodwill   14,524     14,524 14,524  
Total assets   20,121,438     20,121,438 19,755,508  
Successor | Operating | Annuities              
Summarized financial information for the company's segments              
Revenues   139,265 200,798 293,610 546,378    
Pre-tax Operating Income (Loss)   43,033 37,090 108,976 135,789    
Operating Segment Assets              
Investments and other assets   20,166,335     20,166,335 19,715,901  
Deferred policy acquisition costs and value of business acquired   634,820     634,820 578,742  
Other intangibles   186,781     186,781 196,780  
Goodwill   336,677     336,677 336,677  
Total assets   21,324,613     21,324,613 20,828,100  
Successor | Operating | Stable Value Products              
Summarized financial information for the company's segments              
Revenues   27,380 17,065 44,063 83,519    
Pre-tax Operating Income (Loss)   14,700 12,785 28,249 44,326    
Operating Segment Assets              
Investments and other assets   3,283,420     3,283,420 2,006,263  
Deferred policy acquisition costs and value of business acquired   5,919     5,919 2,357  
Other intangibles   8,889     8,889 9,389  
Goodwill   113,813     113,813 113,813  
Total assets   3,412,041     3,412,041 2,131,822  
Successor | Operating | Asset Protection              
Summarized financial information for the company's segments              
Revenues   79,030 77,476 204,397 229,128    
Pre-tax Operating Income (Loss)   4,099 4,415 12,938 12,496    
Operating Segment Assets              
Investments and other assets   828,946     828,946 766,294  
Deferred policy acquisition costs and value of business acquired   35,087     35,087 40,421  
Other intangibles   75,333     75,333 79,681  
Goodwill   67,155     67,155 67,155  
Total assets   1,006,521     1,006,521 953,551  
Successor | Operating | Corporate and Other              
Summarized financial information for the company's segments              
Revenues   34,872 997 32,793 111,714    
Pre-tax Operating Income (Loss)   (46,509) $ (34,557) $ (84,888) (111,499)    
Operating Segment Assets              
Investments and other assets   13,876,152     13,876,152 9,464,906  
Deferred policy acquisition costs and value of business acquired   0     0 0  
Other intangibles   0     0 0  
Goodwill   0     0 0  
Total assets   $ 13,876,152     $ 13,876,152 $ 9,464,906  
Predecessor              
Summarized financial information for the company's segments              
Revenues $ 459,646            
Pre-tax Operating Income (Loss) 19,000            
Realized investment gains (losses) - investments 89,414            
Realized investment gains (losses) - derivatives 24,433            
Income before income tax 132,847            
Income tax expense (44,325)            
Net income 88,522            
Realized gain (losses) on investments              
All other investment gains (losses) 80,672            
Less: amortization related to DAC/VOBA and benefits and settlement expenses (8,742)            
Realized investment gains (losses) - investments 89,414            
Realized gain (losses) on derivatives              
Derivative financial instruments gains (losses) 22,031            
Less: VA GMWB economic cost (2,402)            
Realized investment gains (losses) - derivatives 24,433            
Other-than-temporary impairments 481            
Predecessor | Operating | Life Marketing              
Summarized financial information for the company's segments              
Revenues 133,361            
Pre-tax Operating Income (Loss) (2,271)            
Predecessor | Operating | Acquisitions              
Summarized financial information for the company's segments              
Revenues 139,761            
Pre-tax Operating Income (Loss) 20,134            
Predecessor | Operating | Annuities              
Summarized financial information for the company's segments              
Revenues 130,918            
Pre-tax Operating Income (Loss) 11,363            
Predecessor | Operating | Stable Value Products              
Summarized financial information for the company's segments              
Revenues 8,181            
Pre-tax Operating Income (Loss) 4,529            
Predecessor | Operating | Asset Protection              
Summarized financial information for the company's segments              
Revenues 24,566            
Pre-tax Operating Income (Loss) 1,907            
Predecessor | Operating | Corporate and Other              
Summarized financial information for the company's segments              
Revenues 22,859            
Pre-tax Operating Income (Loss) $ (16,662)