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Consolidation of Variable Interest Entities (Details) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2012
Entity
days
Mar. 31, 2011
Dec. 31, 2011
Entity
Consolidated VIEs      
Number of additional VIEs required to be consolidated 2    
Net loss on consolidation $ (6,100,000)    
Consolidated VIEs      
Number of FG VIEs 35   33
Assets 2,827,652,000   2,819,077,000
Liabilities 3,450,800,000   3,458,400,000
Total with recourse , Assets 1,742,100,000   1,757,600,000
Total with recourse , Liabilities 2,365,177,000   2,396,945,000
Without recourse, Assets 1,085,600,000   1,061,500,000
Without recourse, Liabilities 1,085,618,000   1,061,497,000
Total unpaid principal balance for the VIEs' assets that were over 90 days or more past due 1,048,100,000    
Number of days VIEs' assets were past due (in days) 90    
Difference between the aggregate unpaid principal and aggregate fair value of the VIEs' Assets 3,121,800,000    
Change in the instrument specific credit risk of the VIEs' assets 85,900,000    
Difference between the aggregate unpaid principal and aggregate fair value of the VIEs' liabilities 2,498,700,000    
Gross par outstanding for FG VIEs liabilities with recourse 3,674,800,000   3,796,400,000
Contractual Maturity      
2013 11,800,000    
2014 114,100,000    
Thereafter 3,548,900,000    
Total 3,674,800,000   3,796,400,000
Net earned premiums (17,000,000) (19,100,000)  
Net investment income (3,200,000) (300,000)  
Net realized investment gains (losses) 1,400,000 300,000  
Net change in fair value of financial guaranty variable interest entities:      
Fair value gains (losses) on FG VIEs (36,602,000) 119,601,000  
Loss and LAE 3,200,000 50,700,000  
Total pre-tax effect on net income (52,200,000) 151,200,000  
Less: tax provision (benefit) (18,300,000) 53,000,000  
Total effect on net income (loss) (33,900,000) 98,200,000  
Total (decrease) increase on shareholders' equity (438,700,000)   (405,200,000)
HELOCs
     
Consolidated VIEs      
Number of FG VIEs 8   8
Assets 572,200,000   572,900,000
Liabilities 898,700,000   907,900,000
Alt-A first lien
     
Consolidated VIEs      
Number of FG VIEs 3   3
Assets 117,800,000   118,000,000
Liabilities 104,400,000   106,100,000
Option ARM
     
Consolidated VIEs      
Number of FG VIEs 2   2
Assets 399,700,000   386,800,000
Liabilities 499,000,000   472,700,000
Subprime
     
Consolidated VIEs      
Number of FG VIEs 7   5
Assets 43,000,000   49,700,000
Liabilities 230,300,000   244,700,000
Closed-end second lien
     
Consolidated VIEs      
Number of FG VIEs 10   10
Assets 184,300,000   184,600,000
Liabilities 207,700,000   219,900,000
Automobile loans
     
Consolidated VIEs      
Number of FG VIEs 4   4
Assets 126,900,000   155,800,000
Liabilities 126,900,000   155,800,000
Life insurance
     
Consolidated VIEs      
Number of FG VIEs 1   1
Assets 298,200,000   289,800,000
Liabilities $ 298,200,000   $ 289,800,000