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SCHEDULE II - CONDENSED FINANCIAL INFORMATION OF REGISTRANT - Statements of Cash Flows (Details) - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2015
Mar. 31, 2015
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2014
Successor                        
Cash flows from operating activities                        
Net income   $ 62,861 $ 72,267 $ 93,294 $ 112,120 $ 115,348 $ 81,191 $ 60,407 $ 63,840 $ 268,299 $ 393,029  
Adjustments to reconcile net income to net cash provided by operating activities:                        
Realized investment (gains) losses   1,415 (12,457) $ (24,268) $ (5,417) (8,229) 69,693 $ 79,306 $ 13,468 163,882 (32,623)  
Deferred income tax                   130,072 247,687  
Accrued income tax                   65,415 (162,619)  
Other, net                   (63,144) (81,091)  
Net cash provided by operating activities                   355,628 249,638  
Cash flows from investing activities                        
Maturities and principal reductions of investments, available-for-sale                   1,052,198 1,299,753  
Sale of investments, available-for-sale                   1,336,350 1,956,302  
Cost of investments acquired, available-for-sale                   (3,546,474) (4,982,907)  
Change in Other Long Term Investments, Net                   (73,907) (250,557)  
Purchase of property and equipment                   (8,862) (5,295)  
Net cash (used in) provided by investing activities                   (1,492,815) (4,366,985)  
Cash flows from financing activities                        
Principal payments on line of credit arrangement and debt                   (338,093) (633,074)  
Dividends to shareowners                   0 (89,343)  
Withholdings of share-based payment arrangements settled in cash                   0 0  
Excess tax benefits from share-based payment arrangements                   0 0  
Net cash provided by (used in) financing activities                   1,070,549 4,069,457  
Change in cash                   (66,638) (47,890)  
Cash at beginning of period   462,710       396,072       462,710 396,072  
Cash at end of period $ 462,710   348,182       396,072     396,072 348,182  
Successor | PROTECTIVE LIFE CORPORATION                        
Cash flows from operating activities                        
Net income                   268,299 393,029  
Adjustments to reconcile net income to net cash provided by operating activities:                        
Realized investment (gains) losses                   (3,817) 29,289  
Equity in undistributed net income of subsidiaries                   (181,862) 163,420  
Depreciation expense                   363 506  
Receivables from subsidiaries                   (13,759) 15,181  
Income tax receivable                   (13,170) 2,109  
Deferred income tax                   99,146 20,715  
Accrued income tax                   (23,246) 0  
Accrued expenses and other liabilities                   (192,234) (33,639)  
Other, net                   5,419 (16,426)  
Net cash provided by operating activities                   (54,861) 574,184  
Cash flows from investing activities                        
Maturities and principal reductions of investments, available-for-sale                     0  
Sale of investments, available-for-sale                   0    
Cost of investments acquired, available-for-sale                   0 (59,025)  
Return of and/or (additional) capital investments in subsidiaries                   110,793 (45,762)  
Change in Other Long Term Investments, Net 0                 0 (10) $ 0
Purchase of property and equipment                   0 (1,649)  
Net cash (used in) provided by investing activities                   110,793 (106,446)  
Cash flows from financing activities                        
Borrowings under line of credit arrangements and debt                   330,000 265,000  
Principal payments on line of credit arrangement and debt                   (338,093) (633,074)  
Payments to affiliates                   0 0  
Dividends to shareowners                   0 (89,343)  
Withholdings of share-based payment arrangements settled in cash                     0  
Excess tax benefits from share-based payment arrangements                     0  
Net cash provided by (used in) financing activities                   (8,093) (457,417)  
Change in cash                   47,839 10,321  
Cash at beginning of period   20,776       $ 68,615       20,776 68,615  
Cash at end of period 20,776   $ 78,936       $ 68,615     68,615 $ 78,936  
Predecessor                        
Cash flows from operating activities                        
Net income 1,509                     384,875
Adjustments to reconcile net income to net cash provided by operating activities:                        
Realized investment (gains) losses 42,602                     148,751
Deferred income tax 30,791                     471
Accrued income tax (32,803)                     11,140
Other, net (149,889)                     (74,061)
Net cash provided by operating activities 191,223                     723,497
Cash flows from investing activities                        
Maturities and principal reductions of investments, available-for-sale 59,028                     1,198,690
Sale of investments, available-for-sale 191,062                     2,271,611
Cost of investments acquired, available-for-sale (149,887)                     (3,603,567)
Change in Other Long Term Investments, Net (25,339)                     (87,580)
Purchase of property and equipment (649)                     (8,152)
Net cash (used in) provided by investing activities 22,994                     88,916
Cash flows from financing activities                        
Principal payments on line of credit arrangement and debt (60,000)                     (785,000)
Dividends to shareowners 0                     (72,697)
Withholdings of share-based payment arrangements settled in cash 0                     (32,173)
Excess tax benefits from share-based payment arrangements 0                     20,948
Net cash provided by (used in) financing activities (130,918)                     (899,544)
Change in cash 83,299                     (87,131)
Cash at beginning of period 379,411 462,710               462,710   466,542
Cash at end of period 462,710                     379,411
Predecessor | PROTECTIVE LIFE CORPORATION                        
Cash flows from operating activities                        
Net income 1,509                     384,875
Adjustments to reconcile net income to net cash provided by operating activities:                        
Realized investment (gains) losses 15,863                     2,786
Equity in undistributed net income of subsidiaries (5,755)                     (62,793)
Depreciation expense 23                     279
Receivables from subsidiaries (4,076)                     17,990
Income tax receivable 0                     0
Deferred income tax (11,123)                     8,798
Accrued income tax 5,875                     196
Accrued expenses and other liabilities 18,329                     17,648
Other, net (2,334)                     14,192
Net cash provided by operating activities 18,311                     383,971
Cash flows from investing activities                        
Maturities and principal reductions of investments, available-for-sale 0                     1,298
Sale of investments, available-for-sale 0                     0
Cost of investments acquired, available-for-sale 0                     (7,011)
Return of and/or (additional) capital investments in subsidiaries 0                     (3,654)
Purchase of property and equipment 0                     (62)
Net cash (used in) provided by investing activities 0                     (9,429)
Cash flows from financing activities                        
Borrowings under line of credit arrangements and debt 0                     500,000
Principal payments on line of credit arrangement and debt (60,000)                     (785,000)
Payments to affiliates 0                     0
Dividends to shareowners 0                     (72,697)
Withholdings of share-based payment arrangements settled in cash 0                     (32,173)
Excess tax benefits from share-based payment arrangements 0                     20,948
Net cash provided by (used in) financing activities (60,000)                     (368,922)
Change in cash (41,689)                     5,620
Cash at beginning of period 62,465 $ 20,776               $ 20,776   56,845
Cash at end of period $ 20,776                     $ 62,465