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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 3) - USD ($)
1 Months Ended 2 Months Ended 3 Months Ended
Jan. 31, 2015
Mar. 31, 2015
Mar. 31, 2016
Successor      
Transfers      
Transfers into Level 3   $ 0 $ 44,100,000
Securities transferred from level 3 to level 2   20,100,000 106,200,000
Transfers from Level 2 to Level 1   90,400,000 12,200,000
Transfers from Level 1     100,000
Predecessor      
Transfers      
Transfers into Level 3 $ 43,200,000    
Securities transferred from level 3 to level 2 0    
Transfers from Level 2 to Level 1 0    
Transfers from Level 1 0    
Level 3 | Successor      
Assets:      
Beginning Balance   2,275,504,000 1,826,883,000
Total Realized and Unrealized Gains Included in Earnings   33,669,000 7,395,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   11,618,000 14,922,000
Total Realized and Unrealized Losses Included in Earnings   (86,000) (35,462,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,568,000) (19,344,000)
Purchases   22,000,000 16,000,000
Sales   (47,333,000) (81,237,000)
Transfers in/or out of Level 3   (20,050,000) (62,065,000)
Other   (5,518,000) (2,737,000)
Ending Balance 2,275,504,000 2,266,236,000 1,664,355,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   27,291,000 (30,627,000)
Liabilities:      
Beginning Balance   840,409,000 678,068,000
Total Realized and Unrealized Gains Included in Earnings   134,617,000 368,000
Total Realized and Unrealized Losses Included in Earnings   (20,634,000) (217,159,000)
Issuances   14,000 187,000
Settlements   1,817,000 3,142,000
Ending Balance 840,409,000 724,623,000 891,904,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   114,615,000 (216,225,000)
Level 3 | Successor | Annuity account      
Liabilities:      
Beginning Balance   98,279,000 92,512,000
Total Realized and Unrealized Losses Included in Earnings   (632,000) (566,000)
Issuances   14,000 187,000
Settlements   1,817,000 3,142,000
Ending Balance 98,279,000 97,108,000 90,123,000
Level 3 | Successor | Other liabilities      
Liabilities:      
Beginning Balance   742,130,000 585,556,000
Total Realized and Unrealized Gains Included in Earnings   134,617,000 368,000
Total Realized and Unrealized Losses Included in Earnings   (20,002,000) (216,593,000)
Ending Balance 742,130,000 627,515,000 801,781,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   114,615,000 (216,225,000)
Level 3 | Successor | Total investments      
Assets:      
Beginning Balance   2,275,504,000 1,826,883,000
Total Realized and Unrealized Gains Included in Earnings   33,669,000 7,395,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   11,618,000 14,922,000
Total Realized and Unrealized Losses Included in Earnings   (86,000) (35,462,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,568,000) (19,344,000)
Purchases   22,000,000 16,000,000
Sales   (47,333,000) (81,237,000)
Transfers in/or out of Level 3   (20,050,000) (62,065,000)
Other   (5,518,000) (2,737,000)
Ending Balance 2,275,504,000 2,266,236,000 1,664,355,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   27,291,000 (30,627,000)
Level 3 | Successor | Fixed maturities      
Assets:      
Beginning Balance   2,109,186,000 1,660,290,000
Total Realized and Unrealized Gains Included in Earnings   4,029,000 7,395,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   11,618,000 14,922,000
Total Realized and Unrealized Losses Included in Earnings   (66,000) (5,328,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,568,000) (19,344,000)
Purchases   22,000,000 16,000,000
Sales   (47,333,000) (81,237,000)
Transfers in/or out of Level 3   (20,050,000) (62,029,000)
Other   (2,425,000) (2,738,000)
Ending Balance 2,109,186,000 2,073,391,000 1,527,931,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (2,329,000) (493,000)
Level 3 | Successor | Fixed maturities | Available-for-sale securities      
Assets:      
Beginning Balance   1,914,583,000 1,489,153,000
Total Realized and Unrealized Gains Included in Earnings   635,000 6,859,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   11,618,000 14,922,000
Total Realized and Unrealized Losses Included in Earnings   0 (4,135,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,568,000) (19,344,000)
Purchases   22,000,000 16,000,000
Sales   (39,502,000) (75,562,000)
Transfers in/or out of Level 3   (20,050,000) (53,722,000)
Other   (2,439,000) (2,600,000)
Ending Balance 1,914,583,000 1,883,277,000 1,371,571,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   0 0
Level 3 | Successor | Fixed maturities | Trading securities      
Assets:      
Beginning Balance   194,603,000 171,137,000
Total Realized and Unrealized Gains Included in Earnings   3,394,000 536,000
Total Realized and Unrealized Losses Included in Earnings   (66,000) (1,193,000)
Purchases     0
Sales   (7,831,000) (5,675,000)
Transfers in/or out of Level 3     (8,307,000)
Other   14,000 (138,000)
Ending Balance 194,603,000 190,114,000 156,360,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (2,329,000) (493,000)
Level 3 | Successor | Residential mortgage-backed securities | Available-for-sale securities      
Assets:      
Beginning Balance   3,000 3,000
Other   0  
Ending Balance 3,000 3,000 3,000
Level 3 | Successor | Other asset-backed securities | Available-for-sale securities      
Assets:      
Beginning Balance   603,646,000 587,031,000
Total Realized and Unrealized Gains Included in Earnings     6,859,000
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,568,000) (13,057,000)
Sales   (40,000) (50,820,000)
Transfers in/or out of Level 3     7,457,000
Other   94,000 361,000
Ending Balance 603,646,000 600,132,000 537,831,000
Level 3 | Successor | Other asset-backed securities | Trading securities      
Assets:      
Beginning Balance   169,473,000 152,912,000
Total Realized and Unrealized Gains Included in Earnings   3,360,000 228,000
Total Realized and Unrealized Losses Included in Earnings     (934,000)
Sales   (2,408,000) (1,603,000)
Transfers in/or out of Level 3     172,000
Other   75,000 (92,000)
Ending Balance 169,473,000 170,500,000 150,683,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (1,242,000) (709,000)
Level 3 | Successor | States, municipals, and political subdivisions | Available-for-sale securities      
Assets:      
Beginning Balance   3,675,000  
Sales   (3,675,000)  
Ending Balance 3,675,000    
Level 3 | Successor | Corporate securities | Available-for-sale securities      
Assets:      
Beginning Balance   1,307,259,000 902,119,000
Total Realized and Unrealized Gains Included in Earnings   635,000 0
Total Realized and Unrealized Gains Included in Other Comprehensive Income   11,618,000 14,922,000
Total Realized and Unrealized Losses Included in Earnings   0 (4,135,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   0 (6,287,000)
Purchases   22,000,000 16,000,000
Sales   (35,787,000) (24,742,000)
Transfers in/or out of Level 3   (20,050,000) (61,179,000)
Other   (2,533,000) (2,961,000)
Ending Balance 1,307,259,000 1,283,142,000 833,737,000
Level 3 | Successor | Corporate securities | Trading securities      
Assets:      
Beginning Balance   25,130,000 18,225,000
Total Realized and Unrealized Gains Included in Earnings   34,000 308,000
Total Realized and Unrealized Losses Included in Earnings   (66,000) (259,000)
Sales   (5,423,000) (4,072,000)
Transfers in/or out of Level 3     (8,479,000)
Other   (61,000) (46,000)
Ending Balance 25,130,000 19,614,000 5,677,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (1,087,000) 216,000
Level 3 | Successor | Equity securities      
Assets:      
Beginning Balance   73,044,000 69,763,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   0  
Sales   0  
Transfers in/or out of Level 3     (36,000)
Other   (3,093,000) 1,000
Ending Balance 73,044,000 69,951,000 69,728,000
Level 3 | Successor | Other long-term investments.      
Assets:      
Beginning Balance   93,274,000 96,830,000
Total Realized and Unrealized Gains Included in Earnings   29,640,000  
Total Realized and Unrealized Losses Included in Earnings   (20,000) (30,134,000)
Ending Balance 93,274,000 122,894,000 66,696,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   29,620,000 $ (30,134,000)
Level 3 | Predecessor      
Assets:      
Beginning Balance 2,228,475,000 2,224,975,000  
Total Realized and Unrealized Gains Included in Earnings 0    
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000    
Total Realized and Unrealized Losses Included in Earnings (26,237,000)    
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,906,000)    
Purchases 0    
Sales (7,586,000)    
Transfers in/or out of Level 3 43,205,000    
Other (199,000)    
Ending Balance 2,224,975,000    
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (24,296,000)    
Liabilities:      
Beginning Balance 852,677,000 1,106,513,000  
Total Realized and Unrealized Gains Included in Earnings 61,000    
Total Realized and Unrealized Losses Included in Earnings (254,309,000)    
Issuances 7,000    
Settlements 419,000    
Ending Balance 1,106,513,000    
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (253,712,000)    
Level 3 | Predecessor | Annuity account      
Liabilities:      
Beginning Balance 97,825,000 97,949,000  
Total Realized and Unrealized Losses Included in Earnings (536,000)    
Issuances 7,000    
Settlements 419,000    
Ending Balance 97,949,000    
Level 3 | Predecessor | Other liabilities      
Liabilities:      
Beginning Balance 754,852,000 1,008,564,000  
Total Realized and Unrealized Gains Included in Earnings 61,000    
Total Realized and Unrealized Losses Included in Earnings (253,773,000)    
Ending Balance 1,008,564,000    
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (253,712,000)    
Level 3 | Predecessor | Total investments      
Assets:      
Beginning Balance 2,228,475,000 2,224,975,000  
Total Realized and Unrealized Gains Included in Earnings 0    
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000    
Total Realized and Unrealized Losses Included in Earnings (26,237,000)    
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,906,000)    
Purchases 0    
Sales (7,586,000)    
Transfers in/or out of Level 3 43,205,000    
Other (199,000)    
Ending Balance 2,224,975,000    
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (24,296,000)    
Level 3 | Predecessor | Fixed maturities      
Assets:      
Beginning Balance 2,087,527,000 2,109,186,000  
Total Realized and Unrealized Gains Included in Earnings 1,188,000    
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000    
Total Realized and Unrealized Losses Included in Earnings (335,000)    
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896,000)    
Purchases 0    
Sales (7,586,000)    
Transfers in/or out of Level 3 43,205,000    
Other (199,000)    
Ending Balance 2,109,186,000    
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 853,000    
Level 3 | Predecessor | Fixed maturities | Available-for-sale securities      
Assets:      
Beginning Balance 1,893,322,000 1,914,583,000  
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000    
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896,000)    
Sales (7,094,000)    
Transfers in/or out of Level 3 43,205,000    
Other (236,000)    
Ending Balance 1,914,583,000    
Level 3 | Predecessor | Fixed maturities | Trading securities      
Assets:      
Beginning Balance 194,205,000 194,603,000  
Total Realized and Unrealized Gains Included in Earnings 1,188,000    
Total Realized and Unrealized Losses Included in Earnings (335,000)    
Total Realized and Unrealized Losses Included in Other Comprehensive Income 0    
Sales (492,000)    
Other 37,000    
Ending Balance 194,603,000    
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 853,000    
Level 3 | Predecessor | Residential mortgage-backed securities | Available-for-sale securities      
Assets:      
Beginning Balance 3,000 3,000  
Ending Balance 3,000    
Level 3 | Predecessor | Other asset-backed securities | Available-for-sale securities      
Assets:      
Beginning Balance 563,961,000 603,646,000  
Total Realized and Unrealized Losses Included in Other Comprehensive Income (3,867,000)    
Sales (32,000)    
Transfers in/or out of Level 3 43,205,000    
Other 379,000    
Ending Balance 603,646,000    
Level 3 | Predecessor | Other asset-backed securities | Trading securities      
Assets:      
Beginning Balance 169,461,000 169,473,000  
Total Realized and Unrealized Gains Included in Earnings 586,000    
Total Realized and Unrealized Losses Included in Earnings (139,000)    
Total Realized and Unrealized Losses Included in Other Comprehensive Income 0    
Sales (472,000)    
Other 37,000    
Ending Balance 169,473,000    
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 447,000    
Level 3 | Predecessor | States, municipals, and political subdivisions | Available-for-sale securities      
Assets:      
Beginning Balance 3,675,000 3,675,000  
Ending Balance 3,675,000    
Level 3 | Predecessor | Corporate securities | Available-for-sale securities      
Assets:      
Beginning Balance 1,325,683,000 1,307,259,000  
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000    
Total Realized and Unrealized Losses Included in Other Comprehensive Income (23,029,000)    
Sales (7,062,000)    
Other (615,000)    
Ending Balance 1,307,259,000    
Level 3 | Predecessor | Corporate securities | Trading securities      
Assets:      
Beginning Balance 24,744,000 25,130,000  
Total Realized and Unrealized Gains Included in Earnings 602,000    
Total Realized and Unrealized Losses Included in Earnings (196,000)    
Sales (20,000)    
Ending Balance 25,130,000    
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 406,000    
Level 3 | Predecessor | Equity securities      
Assets:      
Beginning Balance 73,054,000 73,044,000  
Total Realized and Unrealized Losses Included in Other Comprehensive Income (10,000)    
Ending Balance 73,044,000    
Level 3 | Predecessor | Other long-term investments.      
Assets:      
Beginning Balance 67,894,000 $ 42,745,000  
Total Realized and Unrealized Gains Included in Earnings 753,000    
Total Realized and Unrealized Losses Included in Earnings (25,902,000)    
Ending Balance 42,745,000    
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date $ (25,149,000)