Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
REVENUES
Premiums	$ 896,839	$ 9,787	$ 34,903
Policy charges and fee income	1,755,224	740,823	806,327
Net investment income	338,370	139,430	164,011
Asset administration fees and other income	299,384	177,479	227,619
Realized investment gains (losses), net:
Other-than-temporary impairments on fixed maturity securities	(7,853)	(44)	(10)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income	1,354	24	10
Other realized investment gains (losses), net	(3,436,261)	6,072	7,368
Total realized investment gains (losses), net	(3,442,760)	6,052	7,368
Total revenues	(152,943)	1,073,571	1,240,228
BENEFITS AND EXPENSES
Policyholders’ benefits	604,057	60,461	137,135
Interest credited to policyholders’ account balances	68,889	225,555	211,058
Amortization of deferred policy acquisition costs	(179,816)	309,152	238,416
General, administrative and other expenses	1,124,508	313,471	394,248
Total benefits and expenses	1,617,638	908,639	980,857
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES	(1,770,581)	164,932	259,371
Total income tax expense (benefit)	(680,493)	(8,285)	8,604
NET INCOME (LOSS)	(1,090,088)	173,217	250,767
Other comprehensive income (loss), before tax:
Foreign currency translation adjustments	(20)	(54)	(63)
Net unrealized investment gains (losses):
Unrealized investment gains (losses) for the period	(469,356)	(54,279)	35,931
Reclassification adjustment for gains included in net income	(86,184)	(4,831)	(14,706)
Net unrealized investment gains (losses)	(555,540)	(59,110)	21,225
Other comprehensive income (loss), before tax:	(555,560)	(59,164)	21,162
Less: Income tax expense (benefit) related to other comprehensive income (loss)
Foreign currency translation adjustments	(7)	(19)	(23)
Net unrealized investment gains (losses)	(194,439)	(20,689)	7,430
Total	(194,446)	(20,708)	7,407
Other comprehensive income (loss), net of taxes	(361,114)	(38,456)	13,755
COMPREHENSIVE INCOME (LOSS)	$ (1,451,202)	$ 134,761	$ 264,522