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Financial Guaranty Contracts Accounted for as Credit Derivatives (Details 2) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Distribution of Credit Derivative Net Par Outstanding          
Premium written, net     $ 102,700,000 $ 102,900,000  
Net Par Outstanding 78,443,000,000   78,443,000,000   85,047,000,000
Percentage of total 100.00%   100.00%   100.00%
Original Subordination (as a percent) 0.00% [1]   0.00% [1]    
Current Subordination (as a percent) 0.00% [1]   0.00% [1]   0.00% [1]
Unrealized Gains (Losses) 283,327,000 (54,059,000) (350,431,000) (325,695,000)  
U.S. RMBS
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 7,902,000,000   7,902,000,000   8,532,000,000
Original Subordination (as a percent) 24.10% [1],[2]   24.10% [1],[2]   24.10% [1]
Current Subordination (as a percent) 31.50% [1],[2]   31.50% [1],[2]   32.20% [1]
Unrealized Gains (Losses) 249,700,000 (51,100,000) (379,700,000) (341,900,000)  
U.S. RMBS | 2004 and Prior
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 136,000,000   136,000,000    
Original Subordination (as a percent) 6.40% [2]   6.40% [2]    
Current Subordination (as a percent) 19.40% [2]   19.40% [2]    
Unrealized Gains (Losses) 1,600,000   100,000    
U.S. RMBS | 2005
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 2,316,000,000   2,316,000,000    
Original Subordination (as a percent) 30.80% [2]   30.80% [2]    
Current Subordination (as a percent) 65.80% [2]   65.80% [2]    
Unrealized Gains (Losses) 5,100,000   (600,000)    
U.S. RMBS | Vintage 2006 [Member]
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 1,602,000,000   1,602,000,000    
Original Subordination (as a percent) 29.40% [2]   29.40% [2]    
Current Subordination (as a percent) 35.10% [2]   35.10% [2]    
Unrealized Gains (Losses) 18,900,000   (14,500,000)    
U.S. RMBS | Vintage 2007 [Member]
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 3,848,000,000   3,848,000,000    
Original Subordination (as a percent) 18.40% [2]   18.40% [2]    
Current Subordination (as a percent) 9.80% [2]   9.80% [2]    
Unrealized Gains (Losses) 224,100,000   (364,700,000)    
CMBS
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 4,270,000,000   4,270,000,000   4,612,000,000
Original Subordination (as a percent) 33.50% [1],[2]   33.50% [1],[2]   32.60% [1]
Current Subordination (as a percent) 41.00% [1],[2]   41.00% [1],[2]   38.90% [1]
Unrealized Gains (Losses) 100,000 9,800,000 300,000 10,500,000  
CMBS | 2004 and Prior
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 80,000,000   80,000,000    
Original Subordination (as a percent) 27.40% [2]   27.40% [2]    
Current Subordination (as a percent) 66.60% [2]   66.60% [2]    
Unrealized Gains (Losses) 0   (100,000)    
CMBS | 2005
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 669,000,000   669,000,000    
Original Subordination (as a percent) 18.00% [2]   18.00% [2]    
Current Subordination (as a percent) 35.00% [2]   35.00% [2]    
Unrealized Gains (Losses) (100,000)   (200,000)    
CMBS | Vintage 2006 [Member]
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 2,077,000,000   2,077,000,000    
Original Subordination (as a percent) 34.00% [2]   34.00% [2]    
Current Subordination (as a percent) 40.70% [2]   40.70% [2]    
Unrealized Gains (Losses) 400,000   900,000    
CMBS | Vintage 2007 [Member]
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 1,444,000,000   1,444,000,000    
Original Subordination (as a percent) 40.20% [2]   40.20% [2]    
Current Subordination (as a percent) 42.70% [2]   42.70% [2]    
Unrealized Gains (Losses) (200,000)   (300,000)    
Super senior
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 19,676,000,000   19,676,000,000   21,802,000,000
Percentage of total 25.10%   25.10%   25.60%
AAA
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 37,504,000,000   37,504,000,000   40,240,000,000
Percentage of total 47.80%   47.80%   47.30%
AA
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 3,500,000,000   3,500,000,000   4,342,000,000
Percentage of total 4.50%   4.50%   5.10%
A
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 5,887,000,000   5,887,000,000   5,830,000,000
Percentage of total 7.50%   7.50%   6.90%
BBB
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding 4,776,000,000   4,776,000,000   5,030,000,000
Percentage of total 6.10%   6.10%   5.90%
Below investment grade ("BIG")
         
Distribution of Credit Derivative Net Par Outstanding          
Net Par Outstanding $ 7,100,000,000   $ 7,100,000,000   $ 7,803,000,000
Percentage of total 9.00%   9.00%   9.20%
[1] esents the sum of subordinate tranches and over-collateralization and does not include any benefit from excess interest collections that may be used to absorb losses. E
[2] esents the sum of subordinate tranches and overcollateralization and does not include any benefit from excess interest collections that may be used to absorb losses.Cre