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INCOME TAXES (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Deferred income tax assets:    
Loss and credit carryforwards $ 43,545us-gaap_DeferredTaxAssetsCapitalLossCarryforwards  
Premium receivables and policy liabilities 23,463plico_DeferredTaxAssetsPremiumReceivablesAndPolicyLiabilities  
Deferred compensation 102,765us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation  
Deferred policy acquisition costs 413,880plico_DeferredTaxAssetsDeferredExpenseDeferredPolicyAcquisitionCost  
Unrealized loss on investments 157,527us-gaap_DeferredTaxAssetsUnrealizedLossesOnTradingSecurities  
Valuation allowance (784)us-gaap_DeferredTaxAssetsValuationAllowance  
Deferred income tax assets 740,396us-gaap_DeferredTaxAssetsNet  
Deferred income tax liabilities:    
VOBA and other intangibles 687,220plico_DeferredTaxLiabilitiesValueOfBusinessAcquiredAndOtherIntangibles  
Invested assets (other than realized gains) 1,692,028plico_DeferredTaxLiabilitiesInvestedAssets  
Other 50,908us-gaap_DeferredTaxLiabilitiesOther  
Deferred income tax liabilities 2,430,156us-gaap_DeferredTaxLiabilities  
Net deferred income tax liability (1,689,760)us-gaap_DeferredTaxAssetsLiabilitiesNet  
Predecessor    
Deferred income tax assets:    
Loss and credit carryforwards   35,642us-gaap_DeferredTaxAssetsCapitalLossCarryforwards
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Premium receivables and policy liabilities   154,720plico_DeferredTaxAssetsPremiumReceivablesAndPolicyLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Deferred compensation   104,117us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Invested assets (other than unrealized gains)   2,960plico_DeferredTaxAssetsInvestedAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Valuation allowance   (791)us-gaap_DeferredTaxAssetsValuationAllowance
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Deferred income tax assets   296,648us-gaap_DeferredTaxAssetsNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Deferred income tax liabilities:    
DAC and VOBA   1,073,499plico_DeferredTaxLiabilitiesDeferredAcquisitionCostsAndValueOfBusinessAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net unrealized gains (losses) on investments   798,529plico_DeferredTaxLiabilitiesUnrealizedGainOnInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other   36,484us-gaap_DeferredTaxLiabilitiesOther
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Deferred income tax liabilities   1,908,512us-gaap_DeferredTaxLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net deferred income tax liability   $ (1,611,864)us-gaap_DeferredTaxAssetsLiabilitiesNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember