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MANAGEMENT AGREEMENT AND RELATED PARTY TRANSACTIONS (Details)
1 Months Ended 3 Months Ended 4 Months Ended 7 Months Ended 8 Months Ended 12 Months Ended
May 31, 2014
USD ($)
Sep. 30, 2007
USD ($)
Apr. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2016
USD ($)
issuer
period
$ / shares
Dec. 31, 2015
USD ($)
issuer
May 23, 2014
$ / shares
Management Agreement and Related Party Transactions                
Payments of Ordinary Dividends, Common Stock           $ 80,800,000 $ 179,100,000  
Successor Company                
Management Agreement and Related Party Transactions                
Related party transaction expense         $ 33,764,000 30,504,000 38,086,000  
Payments of Ordinary Dividends, Common Stock         121,088,000 80,811,000 179,081,000  
Distribution to parent $ 44,900,000     $ 76,200,000 617,080,000 $ 412,969,000 430,829,000  
Distributions to parent per unit (in dollars per share) | $ / shares               $ 0.43
Successor Company | CLO management fees | Maximum                
Management Agreement and Related Party Transactions                
Entity's percentage in subordinated notes           100.00%    
Successor Company | CLO management fees | CLO 2013-1 and CLO 2013-2                
Management Agreement and Related Party Transactions                
Entity's percentage in subordinated notes           100.00%    
Successor Company | Manager                
Management Agreement and Related Party Transactions                
Renewal period (in years)           1 year    
Votes for termination, minimum (as a percent)           66.70%    
Notice period for termination (in days)           180 days    
Multiplier used to determine termination fee           4    
Number of 12 month periods considered for calculation of termination fee (in periods) | period           2    
Specified period for which average annual incentive fee to be considered (in months)           12 months    
Successor Company | Manager | Base Management Fees                
Management Agreement and Related Party Transactions                
Common share closing price, minimum (in dollars per share) | $ / shares           $ 20.00    
Number of consecutive trading days           5 days    
Fees, waived         5,900,000 $ 8,800,000 8,800,000  
Related party transaction expense         15,145,000 7,137,000 9,532,000  
Successor Company | Manager | Incentive fees                
Management Agreement and Related Party Transactions                
Fees, waived           16,100,000    
Related party transaction expense         0 0 0  
Successor Company | Manager | Manager share-based compensation                
Management Agreement and Related Party Transactions                
Related party transaction expense         0 0 0  
Successor Company | Manager | Reimbursable General And Administrative Expenses                
Management Agreement and Related Party Transactions                
Related party transaction expense         3,000,000 3,800,000 5,500,000  
Successor Company | Collateral manager | CLO management fees                
Management Agreement and Related Party Transactions                
Fees, waived         4,200,000 0 2,000,000  
Related party transaction expense         $ 18,619,000 23,367,000 28,554,000  
Predecessor Company                
Management Agreement and Related Party Transactions                
Related party transaction expense     $ 29,841,000          
Payments of Ordinary Dividends, Common Stock     45,061,000          
Predecessor Company | Manager | Base Management Fees                
Management Agreement and Related Party Transactions                
Common shares offering   $ 230,400,000            
Common share right offering   $ 270,000,000            
Fees, waived     2,900,000          
Related party transaction expense     5,253,000          
Predecessor Company | Manager | Incentive fees                
Management Agreement and Related Party Transactions                
Related party transaction expense     12,882,000          
Predecessor Company | Manager | Manager share-based compensation                
Management Agreement and Related Party Transactions                
Related party transaction expense     690,000          
Predecessor Company | Manager | Reimbursable General And Administrative Expenses                
Management Agreement and Related Party Transactions                
Related party transaction expense     2,800,000          
Predecessor Company | Collateral manager | CLO management fees                
Management Agreement and Related Party Transactions                
Fees, waived     1,600,000          
Related party transaction expense     11,016,000          
Restricted common shares | Predecessor Company                
Management Agreement and Related Party Transactions                
Share-based compensation     1,018,000          
Restricted common shares | Predecessor Company | Manager | Manager share-based compensation                
Management Agreement and Related Party Transactions                
Share-based compensation     $ 700,000          
Affiliated Entity | Successor Company                
Management Agreement and Related Party Transactions                
Estimated fair value           $ 20,400,000 $ 734,300,000  
Investment in affiliates, number of issuers | issuer           2 8  
Percent to total investment in corporate loans, debt securities and other investments | Affiliated Investments | Affiliated Entity | Successor Company                
Management Agreement and Related Party Transactions                
Concentration risk (as a percent)           1.00% 11.00%  
Corporate loans, at estimated fair value | Affiliated Entity | Successor Company                
Management Agreement and Related Party Transactions                
Estimated fair value           $ 20,100,000    
Equity Investments, at Estimated Fair Value | Affiliated Entity | Successor Company                
Management Agreement and Related Party Transactions                
Estimated fair value           300,000 $ 11,000,000  
Corporate loans | Affiliated Entity | Successor Company                
Management Agreement and Related Party Transactions                
Estimated fair value             723,300,000  
Joint Ventures And Partnerships | Affiliated Entity | Successor Company                
Management Agreement and Related Party Transactions                
Estimated fair value           $ 680,500,000 $ 805,500,000