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RELATED PARTY TRANSACTIONS (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Related Party Transaction [Line Items]          
Investment Income $ (63,976,000) $ (32,945,000) $ (36,445,000) $ (23,326,000)  
Debt instruments 1,737,000   1,737,000   $ 22,473,000
Listed equity securities 1,195,864,000   $ 1,195,864,000   844,001,000
Investment Advisory Agreement | Board of Directors Chairman          
Related Party Transaction [Line Items]          
Performance compensation full rate     20.00%    
Performance compensation reduced rate     10.00%    
Loss carry forward recoupment required     150.00%    
Performance compensation expense 4,000,000 2,400,000 $ 4,000,000 2,400,000  
Investment management fee rate - monthly     0.125%    
Investment management fee rate - annual     1.50%    
Management fees 4,400,000 $ 4,000,000 $ 13,100,000 $ 12,300,000  
Equity Securities [Member] | Board of Directors Chairman          
Related Party Transaction [Line Items]          
Listed equity securities 34,300,000   34,300,000   34,800,000
Service Agreement [Member] | Board of Directors Chairman          
Related Party Transaction [Line Items]          
Investor relations monthly fee     5,000    
Private Equity Funds [Member]          
Related Party Transaction [Line Items]          
Unrecorded Unconditional Purchase Obligation, Due in Next Twelve Months 7,214,000 [1]   7,214,000 [1]   $ 9,200,000
Unrecorded Unconditional Purchase Obligation, Due within Two Years [1] 0   0    
Unrecorded Unconditional Purchase Obligation, Due within Three Years [1] 0   0    
Unrecorded Unconditional Purchase Obligation, Due within Four Years [1] 0   0    
Unrecorded Unconditional Purchase Obligation, Due within Five Years [1] 0   0    
Unrecorded Unconditional Purchase Obligation, Due after Five Years [1] 0   0    
Unrecorded Unconditional Purchase Obligation [1] $ 7,214,000   $ 7,214,000    
[1] Given the nature of these investments, the Company is unable to determine with any degree of accuracy when these commitments will be called. Therefore, for purposes of the above table, the Company has assumed that all commitments with no fixed payment schedules will be called during the year ending December 31, 2017