MORTGAGE LOANS (Tables)

9 Months Ended

Sep. 30, 2015

MORTGAGE LOANS

Schedule of changes in the allowance for mortgage loan credit losses

	Successor			Predecessor
	Company			Company
	February 1, 2015			January 1, 2015
	to			to			As of
	September 30, 2015			January 31, 2015			December 31, 2014
	(Dollars In Thousands)			(Dollars In Thousands)
Beginning balance	$	—		$	5,720		$	3,130
Charge offs	(535		)	(861		)	(675		)
Recoveries	(639		)	(2,359		)	(2,600		)
Provision	3,199			—			5,865
Ending balance	$	2,025		$	2,500		$	5,720

Schedule of an analysis of the delinquent loans

An analysis of the delinquent loans is shown in the following chart.

					Greater
Successor Company	30-59 Days		60-89 Days		than 90 Days		Total
As of September 30, 2015	Delinquent		Delinquent		Delinquent		Delinquent
	(Dollars In Thousands)
Commercial mortgage loans	$	6,386	$	6,087	$	1,190	$	13,663
Number of delinquent commercial mortgage loans	4		3		1		8
Predecessor Company
As of December 31, 2014
Commercial mortgage loans	$	8,972	$	—	$	1,484	$	10,456
Number of delinquent commercial mortgage loans	4		—		1		5

Schedule of information regarding impaired loans

			Unpaid				Average		Interest		Cash Basis
Successor Company	Recorded		Principal		Related		Recorded		Income		Interest
As of September 30, 2015	Investment		Balance		Allowance		Investment		Recognized		Income
	(Dollars In Thousands)
Commercial mortgage loans:
With no related allowance recorded	$	4,532	$	5,288	$	—	$	1,511	$	72	$	45
With an allowance recorded	5,676		5,828		2,025		2,838		—		48
Predecessor Company
As of December 31, 2014
Commercial mortgage loans:
With no related allowance recorded	$	—	$	—	$	—	$	—	$	—	$	—
With an allowance recorded	19,632		20,603		5,720		3,272		1,224		1,280

Schedule of mortgage loans that were modified in a troubled debt restructuring

		Pre-Modification		Post-Modification
		Outstanding		Outstanding
Predecessor Company	Number of	Recorded		Recorded
As of December 31, 2014	Contracts	Investment		Investment
	(Dollars In Thousands)
Troubled debt restructuring:
Commercial mortgage loans	6	$	28,648	$	19,593