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OFFSETTING OF ASSETS AND LIABILITIES (Details 2) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities $ 24,976  
Net Amounts of Liabilities Presented in the Statement of Financial Position 24,976  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 24,953  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 23  
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement 608,360  
Total derivatives    
Gross Amounts of Recognized Liabilities 633,336  
Net Amounts of Liabilities Presented in the Statement of Financial Position 633,336  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 24,953  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 23  
Total derivatives, Net Amount 608,360  
Repurchase agreements    
Repurchase agreements 455,718  
Total Liabilities    
Gross Amounts of Recognized Liabilities 1,089,054  
Net Amounts of Liabilities Presented in the Statement of Financial Position 1,089,054  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 24,953  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 23  
Net Amount 1,064,078  
Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 24,976  
Net Amounts of Liabilities Presented in the Statement of Financial Position 24,976  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 24,953  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid 23  
Embedded derivative - Modco reinsurance treaties    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 221,849  
Net Amounts of Liabilities Presented in the Statement of Financial Position 221,849  
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 221,849  
Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 288,091  
Net Amounts of Liabilities Presented in the Statement of Financial Position 288,091  
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 288,091  
Embedded derivative - FIA    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 76,709  
Net Amounts of Liabilities Presented in the Statement of Financial Position 76,709  
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 76,709  
Embedded derivative - IUL    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities 21,711  
Net Amounts of Liabilities Presented in the Statement of Financial Position 21,711  
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount $ 21,711  
Predecessor    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   $ 65,887
Net Amounts of Liabilities Presented in the Statement of Financial Position   65,887
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   17
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement   754,852
Total derivatives    
Gross Amounts of Recognized Liabilities   820,739
Net Amounts of Liabilities Presented in the Statement of Financial Position   820,739
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258
Total derivatives, Net Amount   754,869
Repurchase agreements    
Repurchase agreements   50,000
Total Liabilities    
Gross Amounts of Recognized Liabilities   870,739
Net Amounts of Liabilities Presented in the Statement of Financial Position   870,739
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258
Net Amount   804,869
Predecessor | Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   65,887
Net Amounts of Liabilities Presented in the Statement of Financial Position   65,887
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Paid   12,258
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   17
Predecessor | Embedded derivative - Modco reinsurance treaties    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   311,727
Net Amounts of Liabilities Presented in the Statement of Financial Position   311,727
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   311,727
Predecessor | Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   311,969
Net Amounts of Liabilities Presented in the Statement of Financial Position   311,969
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   311,969
Predecessor | Embedded derivative - FIA    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   124,465
Net Amounts of Liabilities Presented in the Statement of Financial Position   124,465
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   124,465
Predecessor | Embedded derivative - IUL    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Liabilities   6,691
Net Amounts of Liabilities Presented in the Statement of Financial Position   6,691
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   $ 6,691