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DEFERRED POLICY ACQUISITION COSTS AND VALUE OF BUSINESS ACQUIRED (Details) - USD ($)
$ in Thousands
1 Months Ended 5 Months Ended 12 Months Ended
Jan. 31, 2015
Jun. 30, 2015
Dec. 31, 2014
Balances and changes in DAC      
Capitalization of commissions, sales and issue expenses   $ 132,103  
Amortization   (7,916)  
Change in unrealized investment gains and losses   4,073  
Balance, end of period   128,260  
Balances and changes in VOBA      
Balance, beginning of period   1,278,063  
Amortization   (60,468)  
Change in unrealized gains and losses   50,612  
Balance, end of period $ 1,278,063 1,268,207  
Expected amortization of VOBA for the next five years      
2015   74,707  
2016   141,689  
2017   131,556  
2018   116,248  
2019   97,335  
Predecessor      
Balances and changes in DAC      
Balance, beginning of period 2,653,065 2,580,135 $ 2,720,604
Capitalization of commissions, sales and issue expenses 22,820   293,672
Amortization 1,080   (194,517)
Change in unrealized investment gains and losses (96,830)   (166,694)
Balance, end of period 2,580,135   2,653,065
Balances and changes in VOBA      
Balance, beginning of period 501,981 $ 416,669 756,018
Amortization (5,895)   (113,803)
Change in unrealized gains and losses (79,417)   (140,234)
Balance, end of period $ 416,669   $ 501,981