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Financial Guaranty Insurance Contracts (Details 2) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Net Earned Premiums          
Accretion of discount on net premiums receivable     $ (13,400,000) $ (16,400,000)  
Net earned premiums 219,299,000 230,068,000 412,976,000 484,045,000  
Net earned premium related to consolidated FG VIEs 15,500,000 [1] 18,300,000 [1] 32,500,000 [1] 37,400,000 [1]  
Gross premium receivable, net of ceding commissions payable:          
Balance beginning of period     1,002,852,000 1,167,600,000  
Premium written, net     102,700,000 102,900,000  
Premium payments received, net     (166,500,000) (151,700,000)  
Adjustments to the premium receivable:          
Changes in the expected term of financial guaranty insurance contracts     18,800,000 (91,100,000)  
Accretion of discount     13,400,000 16,400,000  
Foreign exchange translation     (500,000) 22,800,000  
Consolidation of FG VIEs     (5,400,000) (9,900,000)  
Other adjustments     (1,300,000) 2,500,000  
Balance end of period 964,063,000 1,059,500,000 [2] 964,063,000 1,059,500,000 [2]  
Gross premium receivable, net of ceding commissions of consolidated FG VIEs 31,700,000 31,700,000 31,700,000 31,700,000  
Percentage of installment premium receivables denominated in currencies other than the U.S. dollar 49.00% 51.00% 49.00% 51.00% 47.00%
Gross premium collections expected:          
Cash collections on FG VIEs 37,800,000   37,800,000    
Financial Guaranty
         
Net Earned Premiums          
Scheduled net earned premiums 144,700,000 202,700,000 296,700,000 417,600,000  
Acceleration of premium earnings 68,200,000 21,000,000 104,800,000 50,600,000  
Accretion of discount on net premiums receivable 6,300,000 5,800,000 11,000,000 14,800,000  
Total financial guaranty 219,200,000 229,500,000 412,500,000 483,000,000  
Adjustments to the premium receivable:          
Accretion of discount (6,300,000) (5,800,000) (11,000,000) (14,800,000)  
Gross premium collections expected:          
2012 (July 1 - September 30) 48,400,000   48,400,000    
2012 (October 1 - December 31) 50,000,000   50,000,000    
2013 106,600,000   106,600,000    
2014 93,300,000   93,300,000    
2015 83,300,000   83,300,000    
2016 77,300,000   77,300,000    
2017-2021 305,600,000   305,600,000    
2022-2026 206,600,000   206,600,000    
2027-2031 152,200,000   152,200,000    
After 2031 187,600,000   187,600,000    
Total 1,310,900,000 [3]   1,310,900,000 [3]    
Other
         
Net Earned Premiums          
Net earned premiums $ 100,000 $ 500,000 $ 500,000 $ 1,000,000  
[1] Includes the effect of eliminating insurance balances related to the financial guaranty insurance contracts.
[2] Excludes $31.7 million and $31.7 million as of June 30, 2012 and 2011, respectively, related to consolidated FG VIEs.
[3] Excludes expected cash collections on FG VIEs of $37.8 million.