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FAIR VALUE OF FINANCIAL INSTRUMENTS - Valuation of Level 3 Financial Instruments (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2017
Dec. 31, 2016
Liabilities:    
Fair Value $ 802,493,000 $ 748,821,000
Embedded derivative - GLWB | Minimum    
Unobservable input    
Mortality (as a percent) 91.10%  
Embedded derivative - GLWB | Maximum    
Unobservable input    
Mortality (as a percent) 106.60%  
Embedded derivative - FIA | Minimum    
Unobservable input    
Mortality (as a percent) 46.00%  
Embedded derivative - FIA | Maximum    
Unobservable input    
Mortality (as a percent) 113.00%  
Embedded derivative - IUL | Minimum    
Unobservable input    
Mortality (as a percent) 38.00%  
Embedded derivative - IUL | Maximum    
Unobservable input    
Mortality (as a percent) 153.00%  
Equity securities    
Assets:    
Fair Value $ 66,400,000  
Level 3 | Other asset-backed securities    
Assets:    
Fair Value 556,782,000 553,308,000
Level 3 | Corporate securities    
Assets:    
Fair Value 639,904,000 638,279,000
Level 3 | Embedded derivative - GLWB    
Liabilities:    
Fair Value 81,738,000 115,370,000
Level 3 | Embedded derivative - FIA    
Liabilities:    
Fair Value 170,215,000 147,368,000
Level 3 | Embedded derivative - IUL    
Liabilities:    
Fair Value 51,385,000 46,051,000
Level 3 | Liquidation Technique | Other asset-backed securities | Minimum    
Unobservable input    
Liquidation value 88 88
Level 3 | Liquidation Technique | Other asset-backed securities | Maximum    
Unobservable input    
Liquidation value 97.26 97.25
Level 3 | Liquidation Technique | Other asset-backed securities | Weighted average    
Unobservable input    
Liquidation value $ 94.97 $ 95.04
Level 3 | Discounted cash flow | Other asset-backed securities | Minimum    
Unobservable input    
Liquidity premium (as a percent) 0.46%  
Paydown rate (as a percent) 11.06%  
Level 3 | Discounted cash flow | Other asset-backed securities | Maximum    
Unobservable input    
Liquidity premium (as a percent) 1.15%  
Paydown rate (as a percent) 12.19%  
Level 3 | Discounted cash flow | Other asset-backed securities | Weighted average    
Unobservable input    
Liquidity premium (as a percent) 0.75%  
Paydown rate (as a percent) 11.41%  
Level 3 | Discounted cash flow | Corporate securities | Minimum    
Unobservable input    
Spread over treasury (as a percent) 0.88% 0.31%
Level 3 | Discounted cash flow | Corporate securities | Maximum    
Unobservable input    
Spread over treasury (as a percent) 4.55% 4.50%
Level 3 | Discounted cash flow | Corporate securities | Weighted average    
Unobservable input    
Spread over treasury (as a percent) 1.85% 2.04%
Level 3 | Actuarial cash flow model | Embedded derivative - GLWB    
Unobservable input    
Utilization (as a percent) 99.00%  
Policies that have a one-time over-utilization rate of a specified amount (as a percent) 10.00%  
Specified level of one-time over-utilization (as a percent) 400.00% 400.00%
Level 3 | Actuarial cash flow model | Embedded derivative - GLWB | Minimum    
Unobservable input    
Mortality (as a percent) 91.10% 91.10%
Lapse rate (as a percent) 0.30% 0.30%
Utilization (as a percent)   99.00%
Nonperformance risk (as a percent) 0.14% 0.18%
Level 3 | Actuarial cash flow model | Embedded derivative - GLWB | Maximum    
Unobservable input    
Mortality (as a percent) 106.60% 106.60%
Lapse rate (as a percent) 15.00% 15.00%
Utilization (as a percent)   10.00%
Nonperformance risk (as a percent) 0.98% 1.09%
Level 3 | Actuarial cash flow model | Embedded derivative - FIA    
Unobservable input    
Expenses per Policy $ 126 $ 126
Withdrawal rate prior to age 70 (as a percent) 1.00% 1.00%
Withdrawal rate for ages 70 or more (as a percent) 100.00% 100.00%
Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Minimum    
Unobservable input    
Lapse rate (as a percent) 2.00% 2.00%
Nonperformance risk (as a percent) 0.14% 0.18%
Asset earned rate (as a percent) 4.08% 4.08%
Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Maximum    
Unobservable input    
Lapse rate (as a percent) 40.00% 40.00%
Nonperformance risk (as a percent) 0.98% 1.09%
Asset earned rate (as a percent) 4.66% 4.66%
Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Minimum    
Unobservable input    
Mortality (as a percent) 38.00% 38.00%
Lapse rate (as a percent) 0.50% 0.50%
Nonperformance risk (as a percent) 0.14% 0.18%
Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Maximum    
Unobservable input    
Mortality (as a percent) 153.00% 153.00%
Lapse rate (as a percent) 10.00% 10.00%
Nonperformance risk (as a percent) 0.98% 1.09%