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FAIR VALUE OF FINANCIAL INSTRUMENTS - Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets:    
Commercial mortgage loans on real estate, net $ 9,765,312 $ 9,379,401
Policy loans 1,640,147 1,675,121
Fixed maturities, held-to-maturity 2,680,324 2,823,881
Other long-term investments 2,955,438 2,479,520
Liabilities:    
Stable value product account balances 6,017,259 5,443,752
Future policy benefits and claims 15,213,466 14,289,907
Other policyholders’ funds 1,715,231 1,576,856
Debt    
Non-recourse funding obligations 2,942,126 3,082,753
Capital lease obligations 700 1,000
Carrying Amounts    
Assets:    
Other long-term investments 1,300,000 1,300,000
Level 3 | Carrying Amounts    
Assets:    
Commercial mortgage loans on real estate, net 9,765,312 9,379,401
Policy loans 1,640,147 1,675,121
Other long-term investments 1,286,291 1,216,996
Liabilities:    
Stable value product account balances 6,017,259 5,443,752
Future policy benefits and claims 1,604,174 1,701,324
Other policyholders’ funds 103,280 127,084
Debt    
Non-recourse funding obligations 2,942,126 3,082,753
Subordinated funding obligations 110,000 110,000
Level 3 | Carrying Amounts | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations 2,700,000 2,800,000
Level 3 | Carrying Amounts | Fixed maturities    
Assets:    
Fixed maturities, held-to-maturity 2,680,324 2,823,881
Level 3 | Fair Values    
Assets:    
Commercial mortgage loans on real estate, net 10,522,036 9,584,487
Policy loans 1,640,147 1,675,121
Other long-term investments 1,206,966 1,246,889
Liabilities:    
Stable value product account balances 6,180,630 5,551,195
Future policy benefits and claims 1,615,924 1,705,235
Other policyholders’ funds 107,319 130,259
Debt    
Non-recourse funding obligations 3,296,873 3,298,580
Subordinated funding obligations 117,216 113,286
Level 3 | Fair Values | Golden Gate and Golden Gate V    
Debt    
Non-recourse funding obligations 3,000,000 3,000,000
Level 3 | Fair Values | Fixed maturities    
Assets:    
Fixed maturities, held-to-maturity $ 2,990,170 $ 3,025,790