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DEBT AND OTHER OBLIGATIONS - Letters of Credit, Repurchase Program Borrowings and Interest Expense (Details)
1 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2016
USD ($)
installment
Dec. 31, 2014
USD ($)
Jun. 25, 2014
USD ($)
Aug. 07, 2013
USD ($)
Dec. 10, 2010
USD ($)
Apr. 23, 2010
USD ($)
Repurchase Program Borrowings                
Debt Instrument [Line Items]                
Average borrowing rate (as a percent)     0.65%          
Average borrowing rate (as a percent)     0.44%          
Maximum balance outstanding     $ 1,065,800,000          
Average daily balance     505,400,000          
Predecessor | Long-term debt and subordinated debt securities                
Debt Instrument [Line Items]                
Interest expense $ 8,900,000     $ 118,400,000        
Predecessor | Other obligations, non-recourse funding obligations and other temporary borrowings                
Debt Instrument [Line Items]                
Interest expense $ 4,900,000     54,200,000        
Predecessor | Repurchase Program Borrowings                
Debt Instrument [Line Items]                
Average borrowing rate (as a percent) 0.16%              
Maximum balance outstanding $ 175,000,000              
Average daily balance $ 77,400,000              
Successor                
Debt Instrument [Line Items]                
Outstanding letters of credit (LOC)     0          
Repurchase program borrowings   $ 438,185,000 797,721,000          
Successor | Long-term debt and subordinated debt securities                
Debt Instrument [Line Items]                
Interest expense   58,600,000 62,100,000          
Successor | Other obligations, non-recourse funding obligations and other temporary borrowings                
Debt Instrument [Line Items]                
Interest expense   $ 54,100,000 163,700,000          
Successor | Repurchase Program Borrowings                
Debt Instrument [Line Items]                
Fair value of securities pledged under the repurchase program     861,700,000          
Repurchase program borrowings     $ 797,700,000          
Average borrowing rate (as a percent)   0.20%            
Maximum balance outstanding   $ 912,700,000            
Average daily balance   540,300,000            
Golden Gate III | Letter of Credit | Reimbursement Agreement                
Debt Instrument [Line Items]                
Maximum borrowing capacity under letter of credit               $ 505,000,000
Golden Gate III | Letter of Credit | Second Amended and Restated Reimbursement Agreement                
Debt Instrument [Line Items]                
Maximum borrowing capacity under letter of credit           $ 710,000,000    
Maximum amount up to which LOC will be periodically increased   720,000,000   610,000,000        
Golden Gate III | Letter of Credit | Third Amended and Restated Reimbursement Agreement                
Debt Instrument [Line Items]                
Maximum borrowing capacity under letter of credit         $ 915,000,000      
Maximum amount up to which LOC will be periodically increased   $ 935,000,000   $ 720,000,000        
Letter of credit term     15 years          
Future scheduled capital contributions     $ 122,500,000          
Number of installments in which future scheduled capital contributions payable | installment     3          
Golden Gate III | Successor | Letter of Credit | Reimbursement Agreement                
Debt Instrument [Line Items]                
Repayment of debt     $ 0          
Golden Gate III | Successor | Letter of Credit | Third Amended and Restated Reimbursement Agreement                
Debt Instrument [Line Items]                
Outstanding letters of credit (LOC)     $ 930,000,000          
Golden Gate IV | Letter of Credit | Reimbursement Agreement                
Debt Instrument [Line Items]                
Maximum borrowing capacity under letter of credit             $ 270,000,000  
Letter of credit term     12 years          
Golden Gate IV | Successor | Letter of Credit | Reimbursement Agreement                
Debt Instrument [Line Items]                
Maximum borrowing capacity under letter of credit     $ 790,000,000       $ 270,000,000  
Maximum amount up to which LOC will be periodically increased     $ 790,000,000          
Letter of credit term     12 years          
Repayment of debt     $ 0          
Maximum | Repurchase Program Borrowings                
Debt Instrument [Line Items]                
Term of debt     90 days