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EARNINGS PER COMMON SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 5 Months Ended 12 Months Ended
Jan. 15, 2016
Aug. 20, 2015
Aug. 31, 2015
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Jan. 15, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Basic earnings (loss) per common share                              
Net income (loss)                         $ (368,969) $ 513,368 $ 641,631
Less: Preferred share dividends                         46,810 46,597 40,069
Less: Loss on repurchase of preferred shares                         0 1,309 0
Net income (loss) available to common shareholders       $ (38,081) $ (467,740) $ 85,030 $ 5,014 $ 130,912 $ 176,644 $ 119,491 $ 38,417   $ (415,779) $ 465,462 $ 601,562
Weighted average common shares outstanding - basic (in shares)                         84,108,000 90,772,000 98,609,000
Basic earnings per common share (in dollars per share)       $ (0.46) $ (5.61) $ 1.01 $ 0.06 $ 1.50 $ 1.97 $ 1.30 $ 0.41   $ (4.94) $ 5.13 $ 6.10
Diluted basic earnings (loss) per common share                              
Net income (loss) available to common shareholders       $ (38,081) $ (467,740) $ 85,030 $ 5,014 $ 130,912 $ 176,644 $ 119,491 $ 38,417   $ (415,779) $ 465,462 $ 601,562
Weighted average common shares outstanding - basic (in shares)                         84,108,000 90,772,000 98,609,000
Share-based compensation plans (in shares)                         0 775,000 1,020,000
Weighted average common shares outstanding - diluted (in shares)                         84,108,000 91,547,000 99,629,000
Diluted earnings per common share (in dollars per share)       $ (0.46) $ (5.61) $ 1.01 $ 0.06 $ 1.48 $ 1.96 $ 1.29 $ 0.41   $ (4.94) $ 5.08 $ 6.04
Weighted average anti-dilutive shares excluded from the dilutive computation (in shares)                         702,000 170,000 165,000
Accelerated Share Repurchase Agreement August 17 2015                              
Accelerated Share Repurchases [Line Items]                              
Shares repurchased (in shares) 1,358,380 4,149,378 4,149,378                 5,507,758   1,358,380 4,149,378