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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 3) - USD ($)
1 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Jan. 31, 2015
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2015
Sep. 30, 2016
Successor          
Transfers          
Transfers into Level 3   $ 0 $ 0 $ 0 $ 71,300,000
Securities transferred from level 3 to level 2   47,500,000 20,000,000 61,900,000 197,700,000
Transfers from Level 2 to Level 1   0 0 90,400,000 12,200,000
Transfers from Level 1   0 0 0 100,000
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   1,603,587,000 2,121,545,000 2,275,504,000 1,826,883,000
Total Realized and Unrealized Gains Included in Earnings   24,693,000 232,000 84,988,000 36,427,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   32,681,000 5,983,000 21,767,000 64,561,000
Total Realized and Unrealized Losses Included in Earnings   (71,000) (77,167,000) (83,438,000) (54,806,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,354,000) (12,985,000) (50,123,000) (31,742,000)
Purchases   53,934,000 64,183,000 176,112,000 100,019,000
Sales   (35,379,000) (107,218,000) (379,646,000) (181,976,000)
Transfers in/or out of Level 3   (47,480,000) (20,037,000) (61,890,000) (126,318,000)
Other   (5,043,000) (1,605,000) (10,343,000) (9,480,000)
Ending Balance 2,275,504,000 1,623,568,000 1,972,931,000 1,972,931,000 1,623,568,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   24,283,000 (76,790,000) (6,513,000) (22,202,000)
Liabilities:          
Beginning Balance   1,060,904,000 522,943,000 840,409,000 678,068,000
Total Realized and Unrealized Gains Included in Earnings   90,166,000 17,329,000 376,140,000 105,751,000
Total Realized and Unrealized Losses Included in Earnings   (58,088,000) (201,097,000) (247,086,000) (461,297,000)
Issuances   279,000 93,000 179,000 529,000
Settlements   2,226,000 3,246,000 7,976,000 7,264,000
Other   1,249,000      
Ending Balance 840,409,000 1,028,128,000 703,558,000 703,558,000 1,028,128,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   32,813,000 (180,595,000) 133,770,000 (353,715,000)
Level 3 | Successor | Annuity account          
Liabilities:          
Beginning Balance   88,820,000 95,178,000 98,279,000 92,512,000
Total Realized and Unrealized Losses Included in Earnings   (735,000) (3,173,000) (4,716,000) (1,831,000)
Issuances   279,000 93,000 179,000 529,000
Settlements   2,226,000 3,246,000 7,976,000 7,264,000
Other   1,249,000      
Ending Balance 98,279,000 88,857,000 95,198,000 95,198,000 88,857,000
Level 3 | Successor | Other liabilities          
Liabilities:          
Beginning Balance   972,084,000 427,765,000 742,130,000 585,556,000
Total Realized and Unrealized Gains Included in Earnings   90,166,000 17,329,000 376,140,000 105,751,000
Total Realized and Unrealized Losses Included in Earnings   (57,353,000) (197,924,000) (242,370,000) (459,466,000)
Ending Balance 742,130,000 939,271,000 608,360,000 608,360,000 939,271,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   32,813,000 (180,595,000) 133,770,000 (353,715,000)
Level 3 | Successor | Total investments          
Assets:          
Beginning Balance   1,603,587,000 2,121,545,000 2,275,504,000 1,826,883,000
Total Realized and Unrealized Gains Included in Earnings   24,693,000 232,000 84,988,000 36,427,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   32,681,000 5,983,000 21,767,000 64,561,000
Total Realized and Unrealized Losses Included in Earnings   (71,000) (77,167,000) (83,438,000) (54,806,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,354,000) (12,985,000) (50,123,000) (31,742,000)
Purchases   53,934,000 64,183,000 176,112,000 100,019,000
Sales   (35,379,000) (107,218,000) (379,646,000) (181,976,000)
Transfers in/or out of Level 3   (47,480,000) (20,037,000) (61,890,000) (126,318,000)
Other   (5,043,000) (1,605,000) (10,343,000) (9,480,000)
Ending Balance 2,275,504,000 1,623,568,000 1,972,931,000 1,972,931,000 1,623,568,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   24,283,000 (76,790,000) (6,513,000) (22,202,000)
Level 3 | Successor | Fixed maturities          
Assets:          
Beginning Balance   1,484,838,000 1,882,229,000 2,109,186,000 1,660,290,000
Total Realized and Unrealized Gains Included in Earnings   3,641,000 232,000 8,646,000 13,807,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   32,681,000 5,939,000 21,723,000 64,561,000
Total Realized and Unrealized Losses Included in Earnings   (71,000) (2,774,000) (9,025,000) (5,407,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,354,000) (12,985,000) (50,123,000) (31,742,000)
Purchases   53,934,000 64,183,000 176,112,000 99,997,000
Sales   (35,379,000) (107,218,000) (379,415,000) (181,976,000)
Transfers in/or out of Level 3   (47,480,000) (20,037,000) (61,890,000) (126,282,000)
Other   (5,043,000) (1,605,000) (7,250,000) (9,481,000)
Ending Balance 2,109,186,000 1,483,767,000 1,807,964,000 1,807,964,000 1,483,767,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   3,231,000 (2,397,000) (8,442,000) 4,577,000
Level 3 | Successor | Fixed maturities | Available-for-sale securities          
Assets:          
Beginning Balance   1,316,287,000 1,702,319,000 1,914,583,000 1,489,153,000
Total Realized and Unrealized Gains Included in Earnings     76,000 4,367,000 7,784,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   32,681,000 5,939,000 21,723,000 64,561,000
Total Realized and Unrealized Losses Included in Earnings     (164,000) (943,000) (4,135,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,354,000) (12,985,000) (50,123,000) (31,742,000)
Purchases   53,934,000 62,183,000 174,112,000 89,089,000
Sales   (26,013,000) (101,161,000) (359,898,000) (166,327,000)
Transfers in/or out of Level 3   (36,237,000) (20,037,000) (61,890,000) (106,732,000)
Other   (5,063,000) (1,678,000) (7,439,000) (9,416,000)
Ending Balance 1,914,583,000 1,332,235,000 1,634,492,000 1,634,492,000 1,332,235,000
Level 3 | Successor | Fixed maturities | Trading securities          
Assets:          
Beginning Balance   168,551,000 179,910,000 194,603,000 171,137,000
Total Realized and Unrealized Gains Included in Earnings   3,641,000 156,000 4,279,000 6,023,000
Total Realized and Unrealized Losses Included in Earnings   (71,000) (2,610,000) (8,082,000) (1,272,000)
Purchases     2,000,000 2,000,000 10,908,000
Sales   (9,366,000) (6,057,000) (19,517,000) (15,649,000)
Transfers in/or out of Level 3   (11,243,000)     (19,550,000)
Other   20,000 73,000 189,000 (65,000)
Ending Balance 194,603,000 151,532,000 173,472,000 173,472,000 151,532,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   3,231,000 (2,397,000) (8,442,000) 4,577,000
Level 3 | Successor | Residential mortgage-backed securities | Available-for-sale securities          
Assets:          
Beginning Balance   3,000 3,000 3,000 3,000
Ending Balance 3,000 3,000 3,000 3,000 3,000
Level 3 | Successor | Commercial mortgage-backed securities | Available-for-sale securities          
Assets:          
Beginning Balance   0     0
Total Realized and Unrealized Gains Included in Other Comprehensive Income   7,000     7,000
Purchases   25,607,000     25,607,000
Other   (7,000)     (7,000)
Ending Balance   25,607,000     25,607,000
Level 3 | Successor | Other asset-backed securities | Available-for-sale securities          
Assets:          
Beginning Balance   533,141,000 590,885,000 603,646,000 587,031,000
Total Realized and Unrealized Gains Included in Earnings         6,859,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   23,350,000   165,000 24,119,000
Total Realized and Unrealized Losses Included in Earnings       (92,000)  
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (19,000) (4,185,000) (17,076,000) (21,426,000)
Purchases         9,597,000
Sales   (12,000)   (127,000) (58,461,000)
Transfers in/or out of Level 3         7,457,000
Other   (3,231,000) (949,000) (765,000) (1,947,000)
Ending Balance 603,646,000 553,229,000 585,751,000 585,751,000 553,229,000
Level 3 | Successor | Other asset-backed securities | Trading securities          
Assets:          
Beginning Balance   151,964,000 160,594,000 169,473,000 152,912,000
Total Realized and Unrealized Gains Included in Earnings   3,260,000 83,000 4,032,000 5,310,000
Total Realized and Unrealized Losses Included in Earnings   (71,000) (1,640,000) (6,813,000) (1,013,000)
Purchases     2,000,000 2,000,000  
Sales   (9,366,000) (6,001,000) (13,877,000) (11,578,000)
Transfers in/or out of Level 3         172,000
Other   46,000 117,000 338,000 30,000
Ending Balance 169,473,000 145,833,000 155,153,000 155,153,000 145,833,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   3,189,000 (1,500,000) (6,896,000) 4,294,000
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   783,143,000 1,111,431,000 1,307,259,000 902,119,000
Total Realized and Unrealized Gains Included in Earnings     76,000 4,367,000 925,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   9,324,000 5,939,000 21,558,000 40,435,000
Total Realized and Unrealized Losses Included in Earnings     (164,000) (851,000) (4,135,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (3,335,000) (8,800,000) (33,047,000) (10,316,000)
Purchases   28,327,000 62,183,000 174,112,000 53,885,000
Sales   (26,001,000) (101,161,000) (356,096,000) (107,866,000)
Transfers in/or out of Level 3   (36,237,000) (20,037,000) (61,890,000) (114,189,000)
Other   (1,825,000) (729,000) (6,674,000) (7,462,000)
Ending Balance 1,307,259,000 753,396,000 1,048,738,000 1,048,738,000 753,396,000
Level 3 | Successor | Corporate securities | Trading securities          
Assets:          
Beginning Balance   16,587,000 19,316,000 25,130,000 18,225,000
Total Realized and Unrealized Gains Included in Earnings   381,000 73,000 247,000 713,000
Total Realized and Unrealized Losses Included in Earnings     (970,000) (1,269,000) (259,000)
Purchases         10,908,000
Sales     (56,000) (5,640,000) (4,071,000)
Transfers in/or out of Level 3   (11,243,000)     (19,722,000)
Other   (26,000) (44,000) (149,000) (95,000)
Ending Balance 25,130,000 5,699,000 18,319,000 18,319,000 5,699,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   42,000 (897,000) (1,546,000) 283,000
Level 3 | Successor | Equity securities          
Assets:          
Beginning Balance   69,750,000 69,720,000 73,044,000 69,763,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income     44,000 44,000  
Purchases         22,000
Sales       (231,000)  
Transfers in/or out of Level 3         (36,000)
Other       (3,093,000) 1,000
Ending Balance 73,044,000 69,750,000 69,764,000 69,764,000 69,750,000
Level 3 | Successor | Other long-term investments.          
Assets:          
Beginning Balance   48,999,000 169,596,000 93,274,000 96,830,000
Total Realized and Unrealized Gains Included in Earnings   21,052,000   76,342,000 22,620,000
Total Realized and Unrealized Losses Included in Earnings     (74,393,000) (74,413,000) (49,399,000)
Ending Balance 93,274,000 70,051,000 95,203,000 95,203,000 70,051,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   $ 21,052,000 $ (74,393,000) 1,929,000 $ (26,779,000)
Level 3 | Predecessor          
Assets:          
Beginning Balance 2,228,475,000     2,224,975,000  
Total Realized and Unrealized Gains Included in Earnings 1,941,000        
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)        
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 1,941,000        
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)        
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)        
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)        
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)        
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)