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DEFERRED POLICY ACQUISITION COSTS AND VALUE OF BUSINESS ACQUIRED (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Balances and changes in DAC    
Balance, beginning of period $ 572,328 $ 288,611
Capitalization of commissions, sales, and issue expenses 333,250 327,938
Amortization (52,559) (48,286)
Change due to unrealized investment gains and losses (15,234) 4,065
Balance, end of period 837,785 572,328
Balances and changes in VOBA    
Balance, beginning of period 1,447,501 1,270,197
Acquisitions 0 285,092
Amortization (25,662) (100,778)
Change due to unrealized investment gains and losses (60,047) (7,010)
Balance, end of period 1,361,792 $ 1,447,501
Expected amortization of VOBA for the next five years    
2018 122,802  
2019 118,196  
2020 103,120  
2021 90,544  
2022 $ 83,333