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INCOME TAXES - Effective Income Tax Rate and Components of Income Tax and Deferred Liability (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Effective income tax rate related to continuing operations      
Statutory federal income tax rate applied to pre-tax income 21.00% 35.00% 35.00%
State income taxes 4.90% 0.60% 0.80%
Investment income not subject to tax (2.90%) (5.00%) (2.70%)
Prior period adjustments (2.80%) 0.00% 0.00%
Federal Tax law changes 0.00% (183.30%) 0.00%
Other 0.90% (1.60%) 0.70%
Effective tax rate (as a percent) 21.10% (154.30%) 33.80%
Current income tax expense:      
Federal $ 87,276 $ 21,853 $ (50,638)
State 8,285 4,399 3,919
Total current 95,561 26,252 (46,719)
Deferred income tax expense:      
Federal (30,629) (693,860) 240,127
State 15,725 (3,867) 7,560
Total deferred (14,904) (697,727) $ 247,687
Deferred income tax assets:      
Loss and credit carryforwards 46,236 209,401  
Deferred compensation 126,398 138,945  
Deferred policy acquisition costs 116,044 23,876  
Premium on corporate debt 46,154 57,402  
Net unrealized loss on investments 374,905 0  
Other 25,691 28,179  
Valuation allowance (5,079) (3,951)  
Deferred income tax assets 730,349 453,852  
Deferred income tax liabilities:      
Premium receivables and policy liabilities 408,502 573,469  
VOBA and other intangibles 478,526 433,321  
Invested assets (other than unrealized gains (losses)) 682,637 672,549  
Net unrealized gains on investments 0 6,920  
Deferred income tax liabilities 1,569,665 1,686,259  
Net deferred income tax liability (839,316) (1,232,407)  
Provisional income tax benefit   797,600  
Increase in income tax expense 10,700    
State based operating loss carryforwards, valuation allowance 6,400 $ 5,000  
Change in valuation allowance, before federal income taxes 1,400    
State net operating loss carryforwards 19,700    
2036      
Deferred income tax liabilities:      
Net operating loss carryforwards $ 135,400