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DERIVATIVE FINANCIAL INSTRUMENTS (Details)
$ in Thousands
1 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Jan. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
position
item
Sep. 30, 2014
USD ($)
Sep. 30, 2015
USD ($)
position
item
Sep. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
Oct. 31, 2012
item
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   $ 41,895   $ 47,513      
Notional Amount, Other long-term investments   9,197,058   9,197,058      
Fair Value, Other long-term investments   350,807   350,807      
Notional Amount, Other liabilities   8,678,409   8,678,409      
Fair Value, Other liabilities   $ 544,390   $ 544,390      
PLC              
Notional amount and fair value of the entity's derivative financial instruments              
Number of portfolio maintenance agreements | item   2   2      
Derivatives not designated as hedging instruments              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   $ 41,895   $ 47,513      
Derivatives not designated as hedging instruments | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   64,632   (73,560)      
Derivatives not designated as hedging instruments | FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   (86)   3,558      
Derivatives not designated as hedging instruments | IUL              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   194   2,073      
Derivatives not designated as hedging instruments | Interest rate futures              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments   946,551   946,551      
Fair Value, Other long-term investments   2,547   2,547      
Notional Amount, Other liabilities   7,727   7,727      
Fair Value, Other liabilities   140   140      
Derivatives not designated as hedging instruments | Interest rate futures | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   12,140   (2,091)      
Derivatives not designated as hedging instruments | Equity futures              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments   297,690   297,690      
Fair Value, Other long-term investments   9,806   9,806      
Notional Amount, Other liabilities   81,421   81,421      
Fair Value, Other liabilities   1,835   1,835      
Derivatives not designated as hedging instruments | Equity futures | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   40,951   3,215      
Derivatives not designated as hedging instruments | Equity futures | FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   709   1,016      
Derivatives not designated as hedging instruments | Equity futures | IUL              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   17   39      
Derivatives not designated as hedging instruments | Currency futures              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments   239,526   239,526      
Fair Value, Other long-term investments   2,608   2,608      
Notional Amount, Other liabilities   37,137   37,137      
Fair Value, Other liabilities   93   93      
Derivatives not designated as hedging instruments | Currency futures | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   4,000   1,428      
Derivatives not designated as hedging instruments | Volatility futures | FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   (24)   6      
Derivatives not designated as hedging instruments | Equity options              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments   2,833,844   2,833,844      
Fair Value, Other long-term investments   192,335   192,335      
Notional Amount, Other liabilities   1,242,384   1,242,384      
Fair Value, Other liabilities   8,863   8,863      
Derivatives not designated as hedging instruments | Equity options | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   33,519   8,195      
Derivatives not designated as hedging instruments | Equity options | FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   (12,099)   (6,499)      
Derivatives not designated as hedging instruments | Equity options | IUL              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   (1,110)   (1,048)      
Derivatives not designated as hedging instruments | Interest rate swaptions              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments   225,000   225,000      
Fair Value, Other long-term investments   4,619   4,619      
Derivatives not designated as hedging instruments | Interest rate swaptions | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   $ (3,618)   $ (12,399)      
Derivatives not designated as hedging instruments | Interest rate swaps              
Notional amount and fair value of the entity's derivative financial instruments              
Positions held | position   0   0      
Notional Amount, Other long-term investments   $ 1,325,000   $ 1,325,000      
Fair Value, Other long-term investments   82,642   82,642      
Notional Amount, Other liabilities   575,000   575,000      
Fair Value, Other liabilities   13,809   13,809      
Derivatives not designated as hedging instruments | Interest rate swaps | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   101,808   (74,150)      
Derivatives not designated as hedging instruments | Embedded derivative - GMWB              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments   1,688,779   1,688,779      
Fair Value, Other long-term investments   49,048   49,048      
Notional Amount, Other liabilities   1,715,488   1,715,488      
Fair Value, Other liabilities   63,540   63,540      
Derivatives not designated as hedging instruments | Embedded derivative - GMWB | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   (71,296)   10,543      
Derivatives not designated as hedging instruments | Funds withheld derivative              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other liabilities   1,520,607   1,520,607      
Fair Value, Other liabilities   135,605   135,605      
Derivatives not designated as hedging instruments | Funds withheld derivative | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   (52,872)   (8,301)      
Derivatives not designated as hedging instruments | Embedded derivative - FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other liabilities   962,123   962,123      
Fair Value, Other liabilities   76,709   76,709      
Derivatives not designated as hedging instruments | Embedded derivative - FIA | FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   11,328   9,035      
Derivatives not designated as hedging instruments | Embedded derivative - IUL              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other liabilities   44,581   44,581      
Fair Value, Other liabilities   21,711   21,711      
Derivatives not designated as hedging instruments | Embedded derivative - IUL | IUL              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   1,287   3,082      
Derivatives not designated as hedging instruments | Embedded derivative - Modco reinsurance treaties              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   (9,817)   131,505      
Notional Amount, Other long-term investments   64,984   64,984      
Fair Value, Other long-term investments   859   859      
Notional Amount, Other liabilities   2,490,850   2,490,850      
Fair Value, Other liabilities   221,849   221,849      
Derivatives not designated as hedging instruments | Derivatives with PLC              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   (12,978)   (16,096)      
Notional Amount, Other long-term investments   1,574,348   1,574,348      
Fair Value, Other long-term investments   5,843   5,843      
Derivatives not designated as hedging instruments | Other derivatives              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross   (50)   33      
Notional Amount, Other long-term investments   1,336   1,336      
Fair Value, Other long-term investments   500   500      
Notional Amount, Other liabilities   1,091   1,091      
Fair Value, Other liabilities   $ 236   $ 236      
Cash flow hedges. | Interest rate swaps              
Notional amount and fair value of the entity's derivative financial instruments              
Positions held | position   0   0      
Predecessor              
Notional amount and fair value of the entity's derivative financial instruments              
Number of portfolio maintenance agreements | item             2
Realized investment gains (losses) - derivatives, gross $ 22,031   $ 41,769   $ (34,425)    
Notional Amount, Other long-term investments           $ 7,174,182  
Fair Value, Other long-term investments           270,701  
Notional Amount, Other liabilities           7,661,143  
Fair Value, Other liabilities           629,535  
Predecessor | Derivatives not designated as hedging instruments              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 22,031   41,769   (34,425)    
Predecessor | Derivatives not designated as hedging instruments | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 75,861   22,005   60,169    
Predecessor | Derivatives not designated as hedging instruments | FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross (1,032)   (1,250)   (2,888)    
Predecessor | Derivatives not designated as hedging instruments | IUL              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross (598)   339   54    
Predecessor | Derivatives not designated as hedging instruments | Interest rate futures              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments           27,977  
Fair Value, Other long-term investments           938  
Predecessor | Derivatives not designated as hedging instruments | Interest rate futures | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 1,413   1,979   12,777    
Predecessor | Derivatives not designated as hedging instruments | Equity futures              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments           26,483  
Fair Value, Other long-term investments           427  
Notional Amount, Other liabilities           385,256  
Fair Value, Other liabilities           15,069  
Predecessor | Derivatives not designated as hedging instruments | Equity futures | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 9,221   861   (9,049)    
Predecessor | Derivatives not designated as hedging instruments | Equity futures | FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross (184)   117   1,067    
Predecessor | Derivatives not designated as hedging instruments | Equity futures | IUL              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 3   16   16    
Predecessor | Derivatives not designated as hedging instruments | Currency futures              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments           197,648  
Fair Value, Other long-term investments           2,384  
Predecessor | Derivatives not designated as hedging instruments | Currency futures | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 7,778   10,185   6,020    
Predecessor | Derivatives not designated as hedging instruments | Volatility futures | FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross     (4)   4    
Predecessor | Derivatives not designated as hedging instruments | Variance swaps | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross     1,570   (1,103)    
Predecessor | Derivatives not designated as hedging instruments | Equity options              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments           1,921,167  
Fair Value, Other long-term investments           163,212  
Notional Amount, Other liabilities           699,295  
Fair Value, Other liabilities           47,077  
Predecessor | Derivatives not designated as hedging instruments | Equity options | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 3,047   2,050   (31,240)    
Predecessor | Derivatives not designated as hedging instruments | Equity options | FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross (2,617)   1,099   5,077    
Predecessor | Derivatives not designated as hedging instruments | Equity options | IUL              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross (115)   (24)   (24)    
Predecessor | Derivatives not designated as hedging instruments | Interest rate swaptions              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments           625,000  
Fair Value, Other long-term investments           8,012  
Predecessor | Derivatives not designated as hedging instruments | Interest rate swaptions | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 9,268   (2,812)   (17,213)    
Predecessor | Derivatives not designated as hedging instruments | Interest rate swaps              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments           1,550,000  
Fair Value, Other long-term investments           50,743  
Notional Amount, Other liabilities           275,000  
Fair Value, Other liabilities           3,599  
Predecessor | Derivatives not designated as hedging instruments | Interest rate swaps | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 122,710   22,011   124,548    
Predecessor | Derivatives not designated as hedging instruments | Embedded derivative - GMWB              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other long-term investments           1,302,895  
Fair Value, Other long-term investments           37,497  
Notional Amount, Other liabilities           1,702,899  
Fair Value, Other liabilities           63,460  
Predecessor | Derivatives not designated as hedging instruments | Embedded derivative - GMWB | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross (68,503)   (11,407)   (51,869)    
Predecessor | Derivatives not designated as hedging instruments | Funds withheld derivative              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other liabilities           1,233,424  
Fair Value, Other liabilities           57,305  
Predecessor | Derivatives not designated as hedging instruments | Funds withheld derivative | Annuity account              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross (9,073)   (2,432)   27,298    
Predecessor | Derivatives not designated as hedging instruments | Embedded derivative - FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other liabilities           749,933  
Fair Value, Other liabilities           124,465  
Predecessor | Derivatives not designated as hedging instruments | Embedded derivative - FIA | FIA              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 1,769   (2,462)   (9,036)    
Predecessor | Derivatives not designated as hedging instruments | Embedded derivative - IUL              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other liabilities           12,019  
Fair Value, Other liabilities           6,691  
Predecessor | Derivatives not designated as hedging instruments | Embedded derivative - IUL | IUL              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross (486)   347   62    
Predecessor | Derivatives not designated as hedging instruments | Embedded derivative - Modco reinsurance treaties              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross (68,026)   20,426   (91,945)    
Notional Amount, Other long-term investments           25,760  
Fair Value, Other long-term investments           1,051  
Notional Amount, Other liabilities           2,562,848  
Fair Value, Other liabilities           311,727  
Predecessor | Derivatives not designated as hedging instruments | Derivatives with PLC              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross 15,863   398   536    
Notional Amount, Other long-term investments           1,497,010  
Fair Value, Other long-term investments           6,077  
Predecessor | Derivatives not designated as hedging instruments | Other derivatives              
Notional amount and fair value of the entity's derivative financial instruments              
Realized investment gains (losses) - derivatives, gross $ (37)   $ (149)   $ (351)    
Notional Amount, Other long-term investments           242  
Fair Value, Other long-term investments           360  
Predecessor | Cash flow hedges. | Inflation              
Notional amount and fair value of the entity's derivative financial instruments              
Notional Amount, Other liabilities           40,469  
Fair Value, Other liabilities           $ 142