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INCOME TAXES - Effective tax rate (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Reconciliation of effective tax rate (% of income before income taxes) [Line Items]      
Unrecognized tax benefits $ 0 $ 0  
Income (loss) before income taxes      
Bermuda (domestic) 179,418,000 181,597,000 $ (188,420,000)
Foreign 167,747,000 (168,062,000) (188,091,000)
Total income (loss) before income taxes $ 347,165,000 $ 13,535,000 $ (376,511,000)
Reconciliation of effective tax rate (% of income before income taxes)      
Expected tax rate 0.00% 0.00% 0.00%
Valuation allowance 1.30% (13.40%) 0.00%
Net tax exempt income 0.00% (3.30%) 0.10%
Other (3.00%) 5.90% 0.30%
Actual tax rate 6.80% (217.90%) 2.00%
U.S.      
Reconciliation of effective tax rate (% of income before income taxes)      
Foreign taxes at local expected rates 8.10% 65.70% 6.60%
Change in enacted tax rate 0.00% 0.00% (11.10%)
Europe      
Reconciliation of effective tax rate (% of income before income taxes)      
Foreign taxes at local expected rates 0.40% (289.70%) 5.80%
Change in enacted tax rate 0.00% 16.90% 0.00%
Other      
Reconciliation of effective tax rate (% of income before income taxes)      
Foreign taxes at local expected rates 0.00% 0.00% 0.30%