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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Liabilities:    
Senior notes $ 414,152us-gaap_SeniorNotes $ 414,524us-gaap_SeniorNotes
Junior subordinated notes 247,320us-gaap_JuniorSubordinatedNotes 246,907us-gaap_JuniorSubordinatedNotes
Successor Company | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets:    
Cash, restricted cash, and cash equivalents 748,593kfn_CashRestrictedCashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
610,912kfn_CashRestrictedCashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Liabilities:    
Senior notes 415,435us-gaap_SeniorNotes
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
413,215us-gaap_SeniorNotes
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Successor Company | Significant Unobservable Inputs (Level 3)    
Liabilities:    
Junior subordinated notes 221,775us-gaap_JuniorSubordinatedNotes
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
228,087us-gaap_JuniorSubordinatedNotes
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Successor Company | Carrying Amount    
Assets:    
Cash, restricted cash, and cash equivalents 748,593kfn_CashRestrictedCashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
610,912kfn_CashRestrictedCashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Liabilities:    
Senior notes 414,152us-gaap_SeniorNotes
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
414,524us-gaap_SeniorNotes
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Junior subordinated notes 247,320us-gaap_JuniorSubordinatedNotes
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
246,907us-gaap_JuniorSubordinatedNotes
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Successor Company | Estimated Fair Value    
Assets:    
Cash, restricted cash, and cash equivalents 748,593kfn_CashRestrictedCashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
610,912kfn_CashRestrictedCashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Liabilities:    
Senior notes 415,435us-gaap_SeniorNotes
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
413,215us-gaap_SeniorNotes
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Junior subordinated notes $ 221,775us-gaap_JuniorSubordinatedNotes
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
$ 228,087us-gaap_JuniorSubordinatedNotes
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/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember