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INVESTMENT OPERATIONS - Schedule of Amortized Cost and Fair Value of Available-for-Sale and Held-to-Maturity Fixed Maturities, by Expected Maturity (Details) - Successor - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Held-to-maturity Securities, Fair Value    
Fair Value $ 2,733,340 $ 515,000
Fixed maturities    
Available-for-sale, Amortized Cost    
Due in one year or less 565,117  
Due after one year through five years 7,210,168  
Due after five years through ten years 7,783,685  
Due after ten years 21,633,894  
Total 37,192,864  
Available-for-sale Fair Value    
Due in one year or less 566,482  
Due after one year through five years 7,180,919  
Due after five years through ten years 7,651,075  
Due after ten years 20,145,001  
Total 35,543,477  
Held-to-maturity Securities, Amortized Cost    
Due in one year or less 0  
Due after one year through five years 0  
Due after five years through ten years 0  
Due after ten years 2,770,177  
Amortized Cost 2,770,177 593,314
Held-to-maturity Securities, Fair Value    
Due in one year or less 0  
Due after one year through five years 0  
Due after five years through ten years 0  
Due after ten years 2,733,340  
Fair Value $ 2,733,340 $ 515,000