SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Successor Company - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Collateralized Debt Obligation disclosures
Collateralized loan obligation secured notes	$ 5,540,207	$ 6,237,674
Collateralized Debt Obligation (CLOs) VIEs
Collateralized Debt Obligation disclosures
Corporate debt investment, par amount	5,500,000	6,900,000
Estimated fair value of corporate debt investments	5,100,000	6,500,000
Collateralized Debt Obligation (CLOs) VIEs \| Nonaffiliates
Collateralized Debt Obligation disclosures
Collateralized loan obligation secured notes	4,900,000	$ 5,600,000
Accounting Standards Update 2014-13
Collateralized Debt Obligation disclosures
Cumulative effect adjustment from adoption of accounting guidance	$ 1,900

Represents the par value of Corporate Debt Investments held within CLO entities.

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Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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The fair value as of the balance sheet date of firm holdings in fixed income or other debt securities issued by a corporation or other issuer not elsewhere specified in the taxonomy. Includes both pledged (to counterparties as collateral for financing transactions) and unpledged holdings.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 320
-Section 45
-Paragraph 2
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Amount of cumulative effect of the change in accounting principle or new accounting pronouncement on retained earnings or other components of equity or net assets in the statement of financial position as of the beginning of the earliest period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6510796

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-Name Accounting Standards Codification
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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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