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DEFERRED POLICY ACQUISITION COSTS AND VALUE OF BUSINESS ACQUIRED (Details) - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2015
Dec. 31, 2015
Dec. 31, 2016
Successor      
Balances and changes in DAC      
Balance, beginning of period   $ 0 $ 291,497
Capitalization of commissions, sales, and issue expenses   306,237 330,302
Amortization   (24,699) (49,179)
Change in unrealized investment gains and losses   9,959 4,065
Balance, end of period $ 0 291,497 576,685
Balances and changes in VOBA      
Balance, beginning of period   1,278,063 1,270,876
Acquisitions   0 285,092
Amortization   (70,367) (101,119)
Change in unrealized gains and losses   69,226 (7,010)
Other   (6,046) 0
Balance, end of period 1,278,063 1,270,876 1,447,839
Expected amortization of VOBA for the next five years      
2017     129,610
2018     123,455
2019     116,523
2020     102,166
2021     $ 90,317
Predecessor      
Balances and changes in DAC      
Balance, beginning of period 2,653,065 2,580,135  
Capitalization of commissions, sales, and issue expenses 22,820    
Amortization 1,080    
Change in unrealized investment gains and losses (96,830)    
Balance, end of period 2,580,135    
Balances and changes in VOBA      
Balance, beginning of period 501,981 $ 416,669  
Acquisitions 0    
Amortization (5,895)    
Change in unrealized gains and losses (79,417)    
Other 0    
Balance, end of period $ 416,669