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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 3) - Successor Company - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Reconciliation of liabilities measured on Level 3 basis    
Transfers from Level 1 into Level 2 $ 0 $ 0
Transfers from Level 2 into Level 1 0 0
Collateralized Loan Obligation Secured Notes    
Reconciliation of liabilities measured on Level 3 basis    
Balance at the beginning of the period 0 5,501,099,000
Included in earnings   0
Transfers into Level 3   0
Transfers out of level 3   (5,501,099,000)
Purchases   0
Sales   0
Settlements   0
Balance at the end of the period   0
Change in unrealized gains or losses for the period included in earnings for liabilities held at the end of the reporting period   0
Corporate Debt Securities    
Reconciliation of assets measured on Level 3 basis    
Balance at the beginning of the period 194,986,000 317,034,000
Included in earnings (30,466,000) (37,716,000)
Transfers into Level 3 11,739,000 0
Transfers out of Level 3 0 0
Purchases 0 10,001,000
Sales (3,145,000) (98,539,000)
Settlements 2,092,000 4,206,000
Balance at the end of the period 175,206,000 194,986,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period (30,466,000) (45,488,000)
Residential Mortgage- Backed Securities    
Reconciliation of assets measured on Level 3 basis    
Balance at the beginning of the period 49,621,000 55,184,000
Included in earnings 2,486,000 8,398,000
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Purchases 0 0
Sales 0 0
Settlements (11,444,000) (13,961,000)
Balance at the end of the period 40,663,000 49,621,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period 2,483,000 2,273,000
Corporate loans, at estimated fair value    
Reconciliation of assets measured on Level 3 basis    
Balance at the beginning of the period 298,734,000 347,077,000
Included in earnings (70,721,000) (69,384,000)
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Purchases 7,283,000 12,775,000
Sales (44,441,000) (25,511,000)
Settlements (61,661,000) 33,777,000
Balance at the end of the period 129,194,000 298,734,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period (70,721,000) (67,368,000)
Equity Investments, at Estimated Fair Value    
Reconciliation of assets measured on Level 3 basis    
Balance at the beginning of the period 146,648,000 81,719,000
Included in earnings (42,515,000) (42,472,000)
Transfers into Level 3 49,065,000 0
Transfers out of Level 3 0 0
Purchases 1,142,000 0
Sales (16,289,000) 0
Settlements (5,746,000) 107,401,000
Balance at the end of the period 132,305,000 146,648,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period (42,515,000) (41,776,000)
Interests in Joint Ventures and Partnerships    
Reconciliation of assets measured on Level 3 basis    
Balance at the beginning of the period 888,408,000 718,772,000
Included in earnings (45,687,000) (141,386,000)
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Purchases 79,782,000 351,184,000
Sales 0 0
Settlements (128,507,000) (40,162,000)
Balance at the end of the period 793,996,000 888,408,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period (45,687,000) (141,386,000)
Foreign Exchange Options, Net    
Reconciliation of assets measured on Level 3 basis    
Balance at the beginning of the period 2,887,000 0
Included in earnings (1,768,000) 2,887,000
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Purchases 0 0
Sales (127,000) 0
Settlements 0 0
Balance at the end of the period 992,000 2,887,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period (1,768,000) 2,887,000
Warrants    
Reconciliation of assets measured on Level 3 basis    
Balance at the beginning of the period 0 0
Included in earnings (757,000) (2,412,000)
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Purchases 0 0
Sales 0 0
Settlements 2,285,000 2,412,000
Balance at the end of the period 1,528,000 0
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period (757,000) (2,412,000)
Options    
Reconciliation of assets measured on Level 3 basis    
Balance at the beginning of the period 95,000 5,212,000
Included in earnings 906,000 (5,117,000)
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Purchases 0 0
Sales 0 0
Settlements 0 0
Balance at the end of the period 1,001,000 95,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ 906,000 $ (5,117,000)