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INVESTMENT OPERATIONS - Schedule of Amortized Cost and Fair Value of the Company's Investments Classified as Held-to-Maturity (Details) - Successor - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Investment [Line Items]    
Fair Value $ 2,733,340 $ 515,000
Fixed maturities    
Investment [Line Items]    
Amortized Cost 2,770,177 593,314
Gross Unrecognized Holding Gains 30,385 0
Gross Unrecognized Holding Losses (67,222) (78,314)
Fair Value 2,733,340 515,000
Total OTTI Recognized in OCI 0 0
Fixed maturities | Red Mountain    
Investment [Line Items]    
Amortized Cost 654,177 593,314
Gross Unrecognized Holding Gains 0 0
Gross Unrecognized Holding Losses (67,222) (78,314)
Fair Value 586,955 515,000
Total OTTI Recognized in OCI 0 $ 0
Fixed maturities | Steel City    
Investment [Line Items]    
Amortized Cost 2,116,000  
Gross Unrecognized Holding Gains 30,385  
Gross Unrecognized Holding Losses 0  
Fair Value 2,146,385  
Total OTTI Recognized in OCI $ 0