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INCOME TAXES (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Deferred income tax assets:    
Loss and credit carryforwards $ 62,047us-gaap_DeferredTaxAssetsCapitalLossCarryforwards  
Deferred compensation 223,593us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation  
Deferred policy acquisition costs 459,122pl_DeferredTaxAssetsDeferredExpenseDeferredPolicyAcquisitionCost  
Premium on corporate debt 122,199us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet  
Unrealized loss on investments 157,505us-gaap_DeferredTaxAssetsUnrealizedLossesOnTradingSecurities  
Valuation allowance (2,047)us-gaap_DeferredTaxAssetsValuationAllowance  
Deferred income tax 1,022,419us-gaap_DeferredTaxAssetsNet  
Deferred income tax liabilities:    
Premium receivables and policy liabilities 37,172pl_DeferredTaxLiabilitiesPremiumReceivablesAndPolicyLiabilities  
VOBA and other intangibles 686,836pl_DeferredTaxLiabilitiesValueOfBusinessAcquiredAndOtherIntangibles  
Invested assets (other than unrealized gains) 1,666,936pl_DeferredTaxLiabilitiesInvestedAssetsOtherThanUnrealizedGainOnInvestments  
Other 38,035us-gaap_DeferredTaxLiabilitiesOther  
Deferred income tax liabilities 2,428,979us-gaap_DeferredTaxLiabilities  
Net deferred income tax liability (1,406,560)us-gaap_DeferredTaxAssetsLiabilitiesNet  
Predecessor    
Deferred income tax assets:    
Loss and credit carryforwards   516us-gaap_DeferredTaxAssetsCapitalLossCarryforwards
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Premium receivables and policy liabilities   95,298pl_DeferredTaxAssetsPremiumReceivablesAndPolicyLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Deferred compensation   194,223us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Invested assets (other than unrealized gains)   63,901pl_DeferredTaxAssetsInvestedAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Valuation allowance   (2,206)us-gaap_DeferredTaxAssetsValuationAllowance
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Deferred income tax   351,732us-gaap_DeferredTaxAssetsNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Deferred income tax liabilities:    
DAC and VOBA   1,078,533pl_DeferredTaxLiabilitiesDeferredAcquisitionCostsAndValueOfBusinessAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net unrealized gains (losses) on investments   799,123pl_DeferredTaxLiabilitiesUnrealizedGainOnInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other   19,554us-gaap_DeferredTaxLiabilitiesOther
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Deferred income tax liabilities   1,897,210us-gaap_DeferredTaxLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net deferred income tax liability   $ (1,545,478)us-gaap_DeferredTaxAssetsLiabilitiesNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember