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INVESTMENT OPERATIONS - Summary of Change in Unrealized Gains (Losses), Net of Income Tax, on Fixed Maturity and Equity Securities Classified as Available-for-Sale (Details) - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2015
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2014
Successor | Fixed maturities        
Investment [Line Items]        
Change in unrealized gains (losses) net of income tax   $ (1,874,469) $ 802,368  
Successor | Equity securities        
Investment [Line Items]        
Change in unrealized gains (losses) net of income tax   $ 4,406 $ (13,463)  
Predecessor | Fixed maturities        
Investment [Line Items]        
Change in unrealized gains (losses) net of income tax $ 670,229     $ 1,224,672
Predecessor | Equity securities        
Investment [Line Items]        
Change in unrealized gains (losses) net of income tax $ 10,226     $ 35,242