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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Changes in AOCI by Component (Details) - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2015
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2014
Dec. 31, 2013
Successor          
Changes in Accumulated Other Comprehensive Income (Loss) by Component          
Balance   $ 6,509,213 $ 5,187,477    
Other comprehensive income (loss) before reclassifications   (1,263,453) 607,536    
Other comprehensive income (loss) relating to other-than-temporary impaired investments for which a portion has been recognized in earnings   (393) (6,782)    
Amounts reclassified from accumulated other comprehensive income (loss)   17,455 (9,403)    
Total other comprehensive income (loss)   (1,246,391) 591,351    
Balance $ 6,509,213 5,187,477 6,739,674    
Successor | Unrealized Gains and Losses on Investments          
Changes in Accumulated Other Comprehensive Income (Loss) by Component          
Balance   0 (1,246,391)    
Other comprehensive income (loss) before reclassifications   (1,263,367) 606,848    
Other comprehensive income (loss) relating to other-than-temporary impaired investments for which a portion has been recognized in earnings   (393) (6,782)    
Amounts reclassified from accumulated other comprehensive income (loss)   17,369 (9,442)    
Total other comprehensive income (loss)   (1,246,391) 590,624    
Balance 0 (1,246,391) (655,767)    
Offset to AOCI due to impact of net unrealized (loss) on insurance assets and liabilities if recognized as income   (623,000) (424,100)    
Successor | Accumulated Gain and Loss Derivative          
Changes in Accumulated Other Comprehensive Income (Loss) by Component          
Balance   0 0    
Other comprehensive income (loss) before reclassifications   (86) 688    
Other comprehensive income (loss) 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)   86 39    
Total other comprehensive income (loss)   0 727    
Balance 0 0 727    
Successor | Total Accumulated Other Comprehensive Income (Loss)          
Changes in Accumulated Other Comprehensive Income (Loss) by Component          
Balance   0 (1,246,391)    
Total other comprehensive income (loss)   (1,246,391) 591,351    
Balance 0 (1,246,391) $ (655,040)    
Predecessor          
Changes in Accumulated Other Comprehensive Income (Loss) by Component          
Balance 5,831,151 6,397,439   $ 4,690,426  
Other comprehensive income (loss) before reclassifications 482,152     983,983  
Other comprehensive income (loss) relating to other-than-temporary impaired investments for which a portion has been recognized in earnings (243)     3,498  
Amounts reclassified from accumulated other comprehensive income (loss) (4,143)     (43,236)  
Total other comprehensive income (loss) 477,766     944,245  
Balance 6,397,439     5,831,151 $ 4,690,426
Predecessor | Unrealized Gains and Losses on Investments          
Changes in Accumulated Other Comprehensive Income (Loss) by Component          
Balance 1,483,293 1,961,027   540,201  
Other comprehensive income (loss) before reclassifications 482,143     983,985  
Other comprehensive income (loss) relating to other-than-temporary impaired investments for which a portion has been recognized in earnings (243)     3,498  
Amounts reclassified from accumulated other comprehensive income (loss) (4,166)     (44,391)  
Total other comprehensive income (loss) 477,734     943,092  
Balance 1,961,027     1,483,293 540,201
Offset to AOCI due to impact of net unrealized (loss) on insurance assets and liabilities if recognized as income (492,600)     (504,400) (189,800)
Predecessor | Accumulated Gain and Loss Derivative          
Changes in Accumulated Other Comprehensive Income (Loss) by Component          
Balance (82) (50)   (1,235)  
Other comprehensive income (loss) before reclassifications 9     (2)  
Other comprehensive income (loss) 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) 23     1,155  
Total other comprehensive income (loss) 32     1,153  
Balance (50)     (82) (1,235)
Predecessor | Total Accumulated Other Comprehensive Income (Loss)          
Changes in Accumulated Other Comprehensive Income (Loss) by Component          
Balance 1,483,211 $ 1,960,977   538,966  
Total other comprehensive income (loss) 477,766     944,245  
Balance $ 1,960,977     $ 1,483,211 $ 538,966