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DEFERRED POLICY ACQUISITION COSTS AND VALUE OF BUSINESS ACQUIRED (Details) - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2015
Dec. 31, 2015
Dec. 31, 2016
Successor      
Balances and changes in DAC      
Balance, beginning of period   $ 0 $ 288,611
Capitalization of commissions, sales, and issue expenses   302,839 327,938
Amortization   (24,187) (48,286)
Change in unrealized investment gains and losses   9,959 4,065
Balance, end of period $ 0 288,611 572,328
Balances and changes in VOBA      
Balance, beginning of period   1,276,886 1,270,197
Acquisitions   0 285,092
Amortization   (69,869) (100,778)
Change in unrealized gains and losses   69,226 (7,010)
Other   (6,046) 0
Balance, end of period 1,276,886 1,270,197 1,447,501
Expected amortization of VOBA for the next five years      
2017     131,294
2018     125,127
2019     118,150
2020     103,637
2021     $ 91,571
Predecessor      
Balances and changes in DAC      
Balance, beginning of period 2,647,980 2,574,780  
Capitalization of commissions, sales, and issue expenses 22,513    
Amortization 1,117    
Change in unrealized investment gains and losses (96,830)    
Balance, end of period 2,574,780    
Balances and changes in VOBA      
Balance, beginning of period 646,590 $ 561,983  
Acquisitions 0    
Amortization (5,189)    
Change in unrealized gains and losses (79,418)    
Other 0    
Balance, end of period $ 561,983