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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 4) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Jan. 31, 2015
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Transfers          
Securities transferred into Level 3   $ 0   $ 0  
Securities transferred into Level 2 from Level 3   20,000   61,900  
Securities transferred from Level 2 to Level 1   0   90,400  
Securities transferred out of Level 1   0   0  
Predecessor          
Transfers          
Securities transferred into Level 3 $ 43,200   $ 0   $ 31,000
Securities transferred into Level 2 from Level 3 0   110,600   194,400
Securities transferred from Level 2 to Level 1 0   0   0
Securities transferred out of Level 1 0   0   0
Level 3          
Assets:          
Beginning Balance   2,049,208   2,240,077  
Total Realized and Unrealized Gains Included in Earnings   232   48,678  
Total Realized and Unrealized Gains Included in Other Comprehensive Income   5,983   21,767  
Total Realized and Unrealized Losses Included in Earnings   (47,543)   (57,507)  
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (12,985)   (50,123)  
Purchases   64,183   176,112  
Sales   (107,218)   (379,646)  
Transfers in and/or out of Level 3   (20,037)   (61,890)  
Other   (1,605)   (7,250)  
Ending Balance 2,240,077 1,930,218   1,930,218  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (47,166)   (16,892)  
Liabilities:          
Beginning Balance   438,123   628,397  
Total Realized and Unrealized Gains Included in Earnings   17,329   230,183  
Total Realized and Unrealized Losses Included in Earnings   (61,366)   (88,590)  
Issuances   93   179  
Settlements   3,246   7,976  
Ending Balance 628,397 479,007   479,007  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (40,864)   (146,309)  
Level 3 | Annuity account          
Liabilities:          
Beginning Balance   95,178   98,279  
Total Realized and Unrealized Losses Included in Earnings   (3,173)   (4,716)  
Issuances   93   179  
Settlements   3,246   7,976  
Ending Balance 98,279 95,198   95,198  
Level 3 | Other liabilities.          
Liabilities:          
Beginning Balance   342,945   530,118  
Total Realized and Unrealized Gains Included in Earnings   17,329   230,183  
Total Realized and Unrealized Losses Included in Earnings   (58,193)   (83,874)  
Ending Balance 530,118 383,809   383,809  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (40,864)   146,309  
Level 3 | Total investments          
Assets:          
Beginning Balance   2,049,208   2,240,077  
Total Realized and Unrealized Gains Included in Earnings   232   48,678  
Total Realized and Unrealized Gains Included in Other Comprehensive Income   5,983   21,767  
Total Realized and Unrealized Losses Included in Earnings   (47,543)   (57,507)  
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (12,985)   (50,123)  
Purchases   64,183   176,112  
Sales   (107,218)   (379,646)  
Transfers in and/or out of Level 3   (20,037)   (61,890)  
Other   (1,605)   (7,250)  
Ending Balance 2,240,077 1,930,218   1,930,218  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (47,166)   (16,892)  
Level 3 | Fixed maturities:          
Assets:          
Beginning Balance   1,882,229   2,109,186  
Total Realized and Unrealized Gains Included in Earnings   232   8,646  
Total Realized and Unrealized Gains Included in Other Comprehensive Income   5,939   21,723  
Total Realized and Unrealized Losses Included in Earnings   (2,774)   (9,025)  
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (12,985)   (50,123)  
Purchases   64,183   176,112  
Sales   (107,218)   (379,415)  
Transfers in and/or out of Level 3   (20,037)   (61,890)  
Other   (1,605)   (7,250)  
Ending Balance 2,109,186 1,807,964   1,807,964  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (2,397)   (8,442)  
Level 3 | Fixed maturities: | Available-for-sale securities.          
Assets:          
Beginning Balance   1,702,319   1,914,583  
Total Realized and Unrealized Gains Included in Earnings   76   4,367  
Total Realized and Unrealized Gains Included in Other Comprehensive Income   5,939   21,723  
Total Realized and Unrealized Losses Included in Earnings   (164)   (943)  
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (12,985)   (50,123)  
Purchases   62,183   174,112  
Sales   (101,161)   (359,898)  
Transfers in and/or out of Level 3   (20,037)   (61,890)  
Other   (1,678)   (7,439)  
Ending Balance 1,914,583 1,634,492   1,634,492  
Level 3 | Fixed maturities: | Trading Securities.          
Assets:          
Beginning Balance   179,910   194,603  
Total Realized and Unrealized Gains Included in Earnings   156   4,279  
Total Realized and Unrealized Losses Included in Earnings   (2,610)   (8,082)  
Purchases   2,000   2,000  
Sales   (6,057)   (19,517)  
Other   73   189  
Ending Balance 194,603 173,472   173,472  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (2,397)   (8,442)  
Level 3 | Residential mortgage-backed securities | Available-for-sale securities.          
Assets:          
Beginning Balance   3   3  
Ending Balance 3 3   3  
Level 3 | Other asset-backed securities | Available-for-sale securities.          
Assets:          
Beginning Balance   590,885   603,646  
Total Realized and Unrealized Gains Included in Other Comprehensive Income       165  
Total Realized and Unrealized Losses Included in Earnings       (92)  
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (4,185)   (17,076)  
Sales       (127)  
Other   (949)   (765)  
Ending Balance 603,646 585,751   585,751  
Level 3 | Other asset-backed securities | Trading Securities.          
Assets:          
Beginning Balance   160,594   169,473  
Total Realized and Unrealized Gains Included in Earnings   83   4,032  
Total Realized and Unrealized Losses Included in Earnings   (1,640)   (6,813)  
Purchases   2,000   2,000  
Sales   (6,001)   (13,877)  
Other   117   338  
Ending Balance 169,473 155,153   155,153  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (1,500)   (6,896)  
Level 3 | States, municipals, and political subdivisions | Available-for-sale securities.          
Assets:          
Beginning Balance       3,675  
Sales       (3,675)  
Ending Balance 3,675        
Level 3 | Corporate securities | Available-for-sale securities.          
Assets:          
Beginning Balance   1,111,431   1,307,259  
Total Realized and Unrealized Gains Included in Earnings   76   4,367  
Total Realized and Unrealized Gains Included in Other Comprehensive Income   5,939   21,558  
Total Realized and Unrealized Losses Included in Earnings   (164)   (851)  
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (8,800)   (33,047)  
Purchases   62,183   174,112  
Sales   (101,161)   (356,096)  
Transfers in and/or out of Level 3   (20,037)   (61,890)  
Other   (729)   (6,674)  
Ending Balance 1,307,259 1,048,738   1,048,738  
Level 3 | Corporate securities | Trading Securities.          
Assets:          
Beginning Balance   19,316   25,130  
Total Realized and Unrealized Gains Included in Earnings   73   247  
Total Realized and Unrealized Losses Included in Earnings   (970)   (1,269)  
Sales   (56)   (5,640)  
Other   (44)   (149)  
Ending Balance 25,130 18,319   18,319  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (897)   (1,546)  
Level 3 | Equity securities          
Assets:          
Beginning Balance   66,460   66,691  
Total Realized and Unrealized Gains Included in Other Comprehensive Income   44   44  
Sales       (231)  
Ending Balance 66,691 66,504   66,504  
Level 3 | Other long-term investments.          
Assets:          
Beginning Balance   100,519   64,200  
Total Realized and Unrealized Gains Included in Earnings       40,032  
Total Realized and Unrealized Losses Included in Earnings   (44,769)   (48,482)  
Ending Balance 64,200 55,750   55,750  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   $ (44,769)   (8,450)  
Level 3 | Predecessor          
Assets:          
Beginning Balance 2,198,843   2,449,931 2,221,953 2,490,492
Total Realized and Unrealized Gains Included in Earnings 17,805   3,123   12,246
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282   10,596   100,142
Total Realized and Unrealized Losses Included in Earnings (15,501)   (8,427)   (43,683)
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896)   (13,843)   (22,507)
Purchases     11,797   116,481
Sales (7,586)   (72,662)   (213,992)
Transfers in and/or out of Level 3 43,205   (110,587)   (163,358)
Other (199)   (1,252)   (7,145)
Ending Balance 2,221,953   2,268,676   2,268,676
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 2,304   (4,427)   (35,654)
Liabilities:          
Beginning Balance 604,168   502,125 730,226 340,738
Total Realized and Unrealized Gains Included in Earnings 61   23,179   22,342
Total Realized and Unrealized Losses Included in Earnings (126,531)   (42,833)   (211,050)
Issuances 7   125   300
Settlements 419   3,590   11,432
Ending Balance 730,226   518,314   518,314
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (125,934)   (20,516)   (186,447)
Level 3 | Predecessor | Annuity account          
Liabilities:          
Beginning Balance 97,825   102,456 97,949 107,000
Total Realized and Unrealized Gains Included in Earnings     862    
Total Realized and Unrealized Losses Included in Earnings (536)       (2,261)
Issuances 7   125   300
Settlements 419   3,590   11,432
Ending Balance 97,949   98,129   98,129
Level 3 | Predecessor | Other liabilities.          
Liabilities:          
Beginning Balance 506,343   399,669 632,277 233,738
Total Realized and Unrealized Gains Included in Earnings 61   22,317   22,342
Total Realized and Unrealized Losses Included in Earnings (125,995)   (42,833)   (208,789)
Ending Balance 632,277   420,185   420,185
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (125,934)   (20,516)   (186,447)
Level 3 | Predecessor | Total investments          
Assets:          
Beginning Balance 2,198,843   2,449,931 2,221,953 2,490,492
Total Realized and Unrealized Gains Included in Earnings 17,805   3,123   12,246
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282   10,596   100,142
Total Realized and Unrealized Losses Included in Earnings (15,501)   (8,427)   (43,683)
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896)   (13,843)   (22,507)
Purchases     11,797   116,481
Sales (7,586)   (72,662)   (213,992)
Transfers in and/or out of Level 3 43,205   (110,587)   (163,358)
Other (199)   (1,252)   (7,145)
Ending Balance 2,221,953   2,268,676   2,268,676
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 2,304   (4,427)   (35,654)
Level 3 | Predecessor | Fixed maturities:          
Assets:          
Beginning Balance 2,087,527   2,304,827 2,109,186 2,323,627
Total Realized and Unrealized Gains Included in Earnings 1,188   2,228   10,926
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282   10,596   98,950
Total Realized and Unrealized Losses Included in Earnings (335)   (1,584)   (4,751)
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896)   (13,752)   (22,250)
Purchases     11,797   106,930
Sales (7,586)   (72,217)   (212,873)
Transfers in and/or out of Level 3 43,205   (99,936)   (152,707)
Other (199)   (1,252)   (7,145)
Ending Balance 2,109,186   2,140,707   2,140,707
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 853   1,521   1,958
Level 3 | Predecessor | Fixed maturities: | Available-for-sale securities.          
Assets:          
Beginning Balance 1,893,322   2,096,079 1,914,583 2,099,451
Total Realized and Unrealized Gains Included in Earnings     201   1,170
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282   10,596   98,950
Total Realized and Unrealized Losses Included in Earnings     (71)   (71)
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896)   (13,752)   (22,250)
Purchases     11,797   102,029
Sales (7,094)   (59,497)   (172,348)
Transfers in and/or out of Level 3 43,205   (96,565)   (151,858)
Other (236)   (1,934)   (8,219)
Ending Balance 1,914,583   1,946,854   1,946,854
Level 3 | Predecessor | Fixed maturities: | Trading Securities.          
Assets:          
Beginning Balance 194,205   208,748 194,603 224,176
Total Realized and Unrealized Gains Included in Earnings 1,188   2,027   9,756
Total Realized and Unrealized Losses Included in Earnings (335)   (1,513)   (4,680)
Purchases         4,901
Sales (492)   (12,720)   (40,525)
Transfers in and/or out of Level 3     (3,371)   (849)
Other 37   682   1,074
Ending Balance 194,603   193,853   193,853
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 853   1,521   1,958
Level 3 | Predecessor | Residential mortgage-backed securities | Available-for-sale securities.          
Assets:          
Beginning Balance 3   10 3 28
Total Realized and Unrealized Losses Included in Other Comprehensive Income     (1)   (1)
Sales     (5)   (23)
Other     1   1
Ending Balance 3   5   5
Level 3 | Predecessor | Residential mortgage-backed securities | Trading Securities.          
Assets:          
Beginning Balance     842    
Total Realized and Unrealized Gains Included in Earnings     11   11
Purchases         842
Transfers in and/or out of Level 3     (853)   (853)
Level 3 | Predecessor | Other asset-backed securities | Available-for-sale securities.          
Assets:          
Beginning Balance 563,961   568,097 603,646 545,808
Total Realized and Unrealized Gains Included in Other Comprehensive Income     2,161   36,227
Total Realized and Unrealized Losses Included in Earnings     (71)   (71)
Total Realized and Unrealized Losses Included in Other Comprehensive Income (3,867)   (4,299)   (5,532)
Sales (32)   (140)   (9,934)
Transfers in and/or out of Level 3 43,205        
Other 379   (380)   (1,130)
Ending Balance 603,646   565,368   565,368
Level 3 | Predecessor | Other asset-backed securities | Trading Securities.          
Assets:          
Beginning Balance 169,461   176,386 169,473 194,977
Total Realized and Unrealized Gains Included in Earnings 586   1,834   8,685
Total Realized and Unrealized Losses Included in Earnings (139)   (837)   (3,951)
Sales (472)   (7,137)   (29,832)
Other 37   430   797
Ending Balance 169,473   170,676   170,676
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 447   1,287   1,959
Level 3 | Predecessor | States, municipals, and political subdivisions | Available-for-sale securities.          
Assets:          
Beginning Balance 3,675   3,675 3,675 3,675
Ending Balance 3,675   3,675   3,675
Level 3 | Predecessor | Corporate securities | Available-for-sale securities.          
Assets:          
Beginning Balance 1,325,683   1,524,297 1,307,259 1,549,940
Total Realized and Unrealized Gains Included in Earnings     201   1,170
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282   8,435   62,723
Total Realized and Unrealized Losses Included in Other Comprehensive Income (23,029)   (9,452)   (16,717)
Purchases     11,797   102,029
Sales (7,062)   (59,352)   (162,391)
Transfers in and/or out of Level 3     (96,565)   (151,858)
Other (615)   (1,555)   (7,090)
Ending Balance 1,307,259   1,377,806   1,377,806
Level 3 | Predecessor | Corporate securities | Trading Securities.          
Assets:          
Beginning Balance 24,744   31,520 25,130 29,199
Total Realized and Unrealized Gains Included in Earnings 602   182   1,060
Total Realized and Unrealized Losses Included in Earnings (196)   (676)   (729)
Purchases         4,059
Sales (20)   (5,583)   (10,693)
Transfers in and/or out of Level 3     (2,518)   4
Other     252   277
Ending Balance 25,130   23,177   23,177
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 406   234   (1)
Level 3 | Predecessor | Equity securities          
Assets:          
Beginning Balance 66,691   77,882 66,691 67,979
Total Realized and Unrealized Gains Included in Other Comprehensive Income         1,192
Total Realized and Unrealized Losses Included in Other Comprehensive Income     (91)   (257)
Purchases         9,551
Sales     (445)   (1,119)
Transfers in and/or out of Level 3     (10,651)   (10,651)
Ending Balance 66,691   66,695   66,695
Level 3 | Predecessor | Other long-term investments.          
Assets:          
Beginning Balance 44,625   67,222 $ 46,076 98,886
Total Realized and Unrealized Gains Included in Earnings 16,617   895   1,320
Total Realized and Unrealized Losses Included in Earnings (15,166)   (6,843)   (38,932)
Ending Balance 46,076   61,274   61,274
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date $ 1,451   $ (5,948)   $ (37,612)