XML 115 R96.htm IDEA: XBRL DOCUMENT v3.6.0.2
FAIR VALUE OF FINANCIAL INSTRUMENTS - Reconciliation of Fair Value Measurements for Level 3 (Details) - USD ($)
1 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2015
Dec. 31, 2015
Dec. 31, 2016
Successor      
Assets:      
Beginning Balance   $ 2,275,504,000 $ 1,826,883,000
Total Realized and Unrealized Gains Included in Earnings   89,223,000  
Total Realized and Unrealized Gains Included in Other Comprehensive Income   35,574,000  
Total Realized and Unrealized Losses Included in Earnings   (84,968,000)  
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (69,974,000)  
Purchases   201,924,000  
Sales   (441,594,000)  
Transfers in/out of Level 3   (166,570,000)  
Other   (12,236,000)  
Ending Balance $ 2,275,504,000 1,826,883,000 1,510,043,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (3,678,000)  
Liabilities:      
Beginning Balance   840,409,000 678,068,000
Total Realized and Unrealized Gains Included in Earnings   450,253,000 499,894,000
Total Realized and Unrealized Losses Included in Earnings   (299,835,000) (489,325,000)
Issuances   368,000 555,000
Settlements   12,291,000 9,844,000
Other     1,249,000
Ending Balance 840,409,000 678,068,000 659,459,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   156,574,000 13,713,000
Transfers      
Securities transferred into Level 3     75,700,000.0
Transferred out of Level 3     221,500,000
Transfers from Level 2 to Level 1     12,200,000
Transfers from Level 1 to Level 2     100,000
Successor | Annuity account      
Liabilities:      
Beginning Balance   98,279,000 92,512,000
Total Realized and Unrealized Losses Included in Earnings   (6,156,000) (3,144,000)
Issuances   368,000 555,000
Settlements   12,291,000 9,844,000
Other     1,249,000
Ending Balance 98,279,000 92,512,000 87,616,000
Successor | Other liabilities      
Liabilities:      
Beginning Balance   742,130,000 585,556,000
Total Realized and Unrealized Gains Included in Earnings   450,253,000 499,894,000
Total Realized and Unrealized Losses Included in Earnings   (293,679,000) (486,181,000)
Ending Balance 742,130,000 585,556,000 571,843,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   156,574,000 13,713,000
Transfers      
Transfers from Level 1 to Level 2     120,000,000
Predecessor      
Liabilities:      
Beginning Balance   1,106,513,000 852,677,000
Total Realized and Unrealized Gains Included in Earnings 61,000    
Total Realized and Unrealized Losses Included in Earnings (254,309,000)    
Issuances 7,000    
Settlements 419,000    
Ending Balance 1,106,513,000 852,677,000  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (253,712,000)    
Transfers      
Securities transferred into Level 3 43,200,000 0  
Transferred out of Level 3 0 166,600,000  
Transfers from Level 2 to Level 1 0 90,400,000.0  
Transfers from Level 1 to Level 2 0 21,000,000  
Predecessor | Annuity account      
Liabilities:      
Beginning Balance   97,949,000 97,825,000
Total Realized and Unrealized Losses Included in Earnings (536,000)    
Issuances 7,000    
Settlements 419,000    
Ending Balance 97,949,000 97,825,000  
Predecessor | Other liabilities      
Liabilities:      
Beginning Balance   1,008,564,000 754,852,000
Total Realized and Unrealized Gains Included in Earnings 61,000    
Total Realized and Unrealized Losses Included in Earnings (253,773,000)    
Ending Balance 1,008,564,000 754,852,000  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (253,712,000)    
Total investments | Successor      
Assets:      
Beginning Balance     1,826,883,000
Total Realized and Unrealized Gains Included in Earnings     90,991,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income     83,446,000
Total Realized and Unrealized Losses Included in Earnings     (59,720,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income     (64,574,000)
Purchases     169,403,000
Sales     (379,212,000)
Transfers in/out of Level 3     (145,765,000)
Other     (11,409,000)
Ending Balance   1,826,883,000 1,510,043,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date     28,190,000
Total investments | Predecessor      
Assets:      
Beginning Balance   2,224,975,000 2,228,475,000
Total Realized and Unrealized Gains Included in Earnings 1,941,000    
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000    
Total Realized and Unrealized Losses Included in Earnings (26,237,000)    
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,906,000)    
Sales (7,586,000)    
Transfers in/out of Level 3 43,205,000    
Other (199,000)    
Ending Balance 2,224,975,000 2,228,475,000  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date (24,296,000)    
Residential mortgage-backed securities | Successor | Available-for-sale securities      
Assets:      
Beginning Balance   3,000 3,000
Ending Balance 3,000 3,000 3,000
Residential mortgage-backed securities | Predecessor | Available-for-sale securities      
Assets:      
Beginning Balance   3,000 3,000
Ending Balance 3,000 3,000  
Commercial mortgage-backed securities | Successor | Available-for-sale securities      
Assets:      
Total Realized and Unrealized Gains Included in Other Comprehensive Income     7,000
Total Realized and Unrealized Losses Included in Other Comprehensive Income     (1,750,000)
Purchases     25,607,000
Transfers in/out of Level 3     (23,844,000)
Other     (20,000)
Other asset-backed securities | Successor | Available-for-sale securities      
Assets:      
Beginning Balance   603,646,000 587,031,000
Total Realized and Unrealized Gains Included in Earnings     6,859,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   11,040,000 42,865,000
Total Realized and Unrealized Losses Included in Earnings   (92,000)  
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (17,076,000) (29,673,000)
Purchases     30,441,000
Sales   (9,677,000) (79,314,000)
Transfers in/out of Level 3     7,457,000
Other   (810,000) (3,062,000)
Ending Balance 603,646,000 587,031,000 562,604,000
Other asset-backed securities | Successor | Trading securities      
Assets:      
Beginning Balance   169,473,000 152,912,000
Total Realized and Unrealized Gains Included in Earnings   6,260,000 5,386,000
Total Realized and Unrealized Losses Included in Earnings   (7,967,000) (4,790,000)
Purchases   2,000,000  
Sales   (15,154,000) (70,270,000)
Transfers in/out of Level 3   (1,982,000) 172,000
Other   282,000 1,153,000
Ending Balance 169,473,000 152,912,000 84,563,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (5,804,000) 594,000
Other asset-backed securities | Predecessor | Available-for-sale securities      
Assets:      
Beginning Balance   603,646,000 563,961,000
Total Realized and Unrealized Losses Included in Other Comprehensive Income (3,867,000)    
Sales (32,000)    
Transfers in/out of Level 3 43,205,000    
Other 379,000    
Ending Balance 603,646,000 563,961,000  
Other asset-backed securities | Predecessor | Trading securities      
Assets:      
Beginning Balance   169,473,000 169,461,000
Total Realized and Unrealized Gains Included in Earnings 586,000    
Total Realized and Unrealized Losses Included in Earnings (139,000)    
Sales (472,000)    
Other 37,000    
Ending Balance 169,473,000 169,461,000  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 447,000    
States, municipals, and political subdivisions | Successor | Available-for-sale securities      
Assets:      
Beginning Balance   3,675,000  
Sales   (3,675,000)  
Ending Balance 3,675,000    
States, municipals, and political subdivisions | Predecessor | Available-for-sale securities      
Assets:      
Beginning Balance   3,675,000 3,675,000
Ending Balance 3,675,000 3,675,000  
Corporate securities | Successor | Available-for-sale securities      
Assets:      
Beginning Balance   1,307,259,000 902,119,000
Total Realized and Unrealized Gains Included in Earnings   4,367,000 925,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   24,490,000 40,574,000
Total Realized and Unrealized Losses Included in Earnings   (963,000) (4,135,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (52,898,000) (33,151,000)
Purchases   199,924,000 102,426,000
Sales   (407,052,000) (225,557,000)
Transfers in/out of Level 3   (164,588,000) (109,792,000)
Other   (8,420,000) (9,363,000)
Ending Balance 1,307,259,000 902,119,000 664,046,000
Corporate securities | Successor | Trading securities      
Assets:      
Beginning Balance   25,130,000 18,225,000
Total Realized and Unrealized Gains Included in Earnings   501,000 713,000
Total Realized and Unrealized Losses Included in Earnings   (1,407,000) (442,000)
Purchases     10,906,000
Sales   (5,805,000) (4,071,000)
Transfers in/out of Level 3     (19,722,000)
Other   (194,000) (117,000)
Ending Balance 25,130,000 18,225,000 5,492,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (1,430,000) 101,000
Corporate securities | Predecessor | Available-for-sale securities      
Assets:      
Beginning Balance   1,307,259,000 1,325,683,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000    
Total Realized and Unrealized Losses Included in Other Comprehensive Income (23,029,000)    
Sales (7,062,000)    
Other (615,000)    
Ending Balance 1,307,259,000 1,325,683,000  
Corporate securities | Predecessor | Trading securities      
Assets:      
Beginning Balance   25,130,000 24,744,000
Total Realized and Unrealized Gains Included in Earnings 602,000    
Total Realized and Unrealized Losses Included in Earnings (196,000)    
Sales (20,000)    
Ending Balance 25,130,000 24,744,000  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 406,000    
Fixed maturities | Successor      
Assets:      
Beginning Balance   2,109,186,000 1,660,290,000
Total Realized and Unrealized Gains Included in Earnings   11,128,000 13,883,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   35,530,000 83,446,000
Total Realized and Unrealized Losses Included in Earnings   (10,429,000) (9,367,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (69,974,000) (64,574,000)
Purchases   201,924,000 169,380,000
Sales   (441,363,000) (379,212,000)
Transfers in/out of Level 3   (166,570,000) (145,729,000)
Other   (9,142,000) (11,409,000)
Ending Balance 2,109,186,000 1,660,290,000 1,316,708,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (7,234,000) 695,000
Fixed maturities | Successor | Available-for-sale securities      
Assets:      
Beginning Balance   1,914,583,000 1,489,153,000
Total Realized and Unrealized Gains Included in Earnings   4,367,000 7,784,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   35,530,000 83,446,000
Total Realized and Unrealized Losses Included in Earnings   (1,055,000) (4,135,000)
Total Realized and Unrealized Losses Included in Other Comprehensive Income   (69,974,000) (64,574,000)
Purchases   199,924,000 158,474,000
Sales   (420,404,000) (304,871,000)
Transfers in/out of Level 3   (164,588,000) (126,179,000)
Other   (9,230,000) (12,445,000)
Ending Balance 1,914,583,000 1,489,153,000 1,226,653,000
Fixed maturities | Successor | Trading securities      
Assets:      
Beginning Balance   194,603,000 171,137,000
Total Realized and Unrealized Gains Included in Earnings   6,761,000 6,099,000
Total Realized and Unrealized Losses Included in Earnings   (9,374,000) (5,232,000)
Purchases   2,000,000 10,906,000
Sales   (20,959,000) (74,341,000)
Transfers in/out of Level 3   (1,982,000) (19,550,000)
Other   88,000 1,036,000
Ending Balance 194,603,000 171,137,000 90,055,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   (7,234,000) 695,000
Fixed maturities | Predecessor      
Assets:      
Beginning Balance   2,109,186,000 2,087,527,000
Total Realized and Unrealized Gains Included in Earnings 1,188,000    
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000    
Total Realized and Unrealized Losses Included in Earnings (335,000)    
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896,000)    
Sales (7,586,000)    
Transfers in/out of Level 3 43,205,000    
Other (199,000)    
Ending Balance 2,109,186,000 2,087,527,000  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 853,000    
Fixed maturities | Predecessor | Available-for-sale securities      
Assets:      
Beginning Balance   1,914,583,000 1,893,322,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income 12,282,000    
Total Realized and Unrealized Losses Included in Other Comprehensive Income (26,896,000)    
Sales (7,094,000)    
Transfers in/out of Level 3 43,205,000    
Other (236,000)    
Ending Balance 1,914,583,000 1,893,322,000  
Fixed maturities | Predecessor | Trading securities      
Assets:      
Beginning Balance   194,603,000 194,205,000
Total Realized and Unrealized Gains Included in Earnings 1,188,000    
Total Realized and Unrealized Losses Included in Earnings (335,000)    
Sales (492,000)    
Other 37,000    
Ending Balance 194,603,000 194,205,000  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date 853,000    
Equity securities | Successor      
Assets:      
Beginning Balance   73,044,000 69,763,000
Total Realized and Unrealized Gains Included in Other Comprehensive Income   44,000  
Total Realized and Unrealized Losses Included in Earnings     (740,000)
Purchases     23,000
Sales   (231,000)  
Transfers in/out of Level 3     (36,000)
Other   (3,094,000)  
Ending Balance 73,044,000 69,763,000 69,010,000
Equity securities | Predecessor      
Assets:      
Beginning Balance   73,044,000 73,054,000
Total Realized and Unrealized Losses Included in Other Comprehensive Income (10,000)    
Ending Balance 73,044,000 73,054,000  
Other long-term investments | Successor      
Assets:      
Beginning Balance   93,274,000 96,830,000
Total Realized and Unrealized Gains Included in Earnings   78,095,000 77,108,000
Total Realized and Unrealized Losses Included in Earnings   (74,539,000) (49,613,000)
Ending Balance 93,274,000 96,830,000 124,325,000
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date   3,556,000 27,495,000
Transfers      
Transfers from Level 1 to Level 2     169,400,000
Other long-term investments | Predecessor      
Assets:      
Beginning Balance   42,745,000 $ 67,894,000
Total Realized and Unrealized Gains Included in Earnings 753,000    
Total Realized and Unrealized Losses Included in Earnings (25,902,000)    
Ending Balance 42,745,000 $ 67,894,000  
Total Gains (losses) included in Earnings related to Instruments still held at the Reporting Date $ (25,149,000)