XML 66 R68.htm IDEA: XBRL DOCUMENT v2.4.0.6
Financial Guaranty Contracts Accounted for as Credit Derivatives (Details 4) (USD $)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Credit Derivatives          
Unrealized Gains (Losses) $ 283,327,000 $ (54,059,000) $ (350,431,000) $ (325,695,000)  
Net fair value of credit derivatives (1,666,000,000)   (1,666,000,000)   (1,303,900,000)
Present Value of Expected Claim Payments Recoveries (321,700,000) [1]   (321,700,000) [1]   (418,900,000) [1]
Present Value of Future Installment Fees Receivable 53,600,000   53,600,000   47,100,000
R and W Included in Credit Derivative Asset (Liability)     240,700,000   215,000,000
AGC R&W Benefits From Deutsche Bank Settlement [Member]
         
Credit Derivatives          
Unrealized Gain (Loss) on Derivatives 84,700,000        
Pooled corporate obligations
         
Credit Derivatives          
Unrealized Gains (Losses) 24,400,000 (21,600,000) 29,900,000 (32,800,000)  
Net fair value of credit derivatives (23,200,000)   (23,200,000)   (49,600,000)
Present Value of Expected Claim Payments Recoveries (33,200,000) [1]   (33,200,000) [1]   (44,500,000) [1]
CLOs/CBOs
         
Credit Derivatives          
Unrealized Gains (Losses) 0 (3,600,000) 7,300,000 (1,600,000)  
Net fair value of credit derivatives 5,600,000   5,600,000   (700,000)
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]   0 [1]
Synthetic investment grade pooled corporate
         
Credit Derivatives          
Unrealized Gains (Losses) 7,200,000 (800,000) 8,800,000 9,700,000  
Net fair value of credit derivatives (15,300,000)   (15,300,000)   (23,800,000)
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]   0 [1]
Synthetic high yield pooled corporate
         
Credit Derivatives          
Unrealized Gains (Losses) (200,000) 3,500,000 10,600,000 700,000  
Net fair value of credit derivatives (5,800,000)   (5,800,000)   (15,700,000)
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]   (5,200,000) [1]
Trust Preferred Securities Collateralized Debt Obligations [Member]
         
Credit Derivatives          
Unrealized Gains (Losses) 17,300,000 (15,500,000) 3,500,000 (36,300,000)  
Net fair value of credit derivatives (8,600,000)   (8,600,000)   (11,900,000)
Present Value of Expected Claim Payments Recoveries (33,200,000) [1]   (33,200,000) [1]   (39,300,000) [1]
Market value collateralized debt obligations of corporate obligations
         
Credit Derivatives          
Unrealized Gains (Losses) 100,000 (5,200,000) (300,000) (5,300,000)  
Net fair value of credit derivatives 900,000   900,000   2,500,000
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]   0 [1]
U.S. RMBS
         
Credit Derivatives          
Unrealized Gains (Losses) 249,700,000 (51,100,000) (379,700,000) (341,900,000)  
Net fair value of credit derivatives (1,065,400,000)   (1,065,400,000)   (678,100,000)
Present Value of Expected Claim Payments Recoveries (191,300,000) [1]   (191,300,000) [1]   (279,500,000) [1]
Option ARM and Alt-A first lien
         
Credit Derivatives          
Unrealized Gains (Losses) 174,700,000 28,100,000 (343,000,000) (239,500,000)  
Net fair value of credit derivatives (953,000,000) [2]   (953,000,000) [2]   (596,400,000) [2]
Present Value of Expected Claim Payments Recoveries (132,900,000) [1],[2]   (132,900,000) [1],[2]   (191,200,000) [1],[2]
Subprime
         
Credit Derivatives          
Unrealized Gains (Losses) 39,000,000 (67,200,000) 12,900,000 (91,300,000)  
Net fair value of credit derivatives (3,700,000)   (3,700,000)   (22,500,000)
Present Value of Expected Claim Payments Recoveries (70,100,000) [1]   (70,100,000) [1]   (94,900,000) [1]
Prime first lien
         
Credit Derivatives          
Unrealized Gains (Losses) 34,800,000 (12,800,000) (51,300,000) (12,200,000)  
Net fair value of credit derivatives (95,700,000)   (95,700,000)   (44,300,000)
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]   0 [1]
Closed end second lien and HELOCs
         
Credit Derivatives          
Unrealized Gains (Losses) 1,200,000 800,000 1,700,000 1,100,000  
Net fair value of credit derivatives (13,000,000)   (13,000,000)   (14,900,000)
Present Value of Expected Claim Payments Recoveries 11,700,000 [1]   11,700,000 [1]   6,600,000 [1]
CMBS
         
Credit Derivatives          
Unrealized Gains (Losses) 100,000 9,800,000 300,000 10,500,000  
Net fair value of credit derivatives (4,300,000)   (4,300,000)   (4,900,000)
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]   0 [1]
Other
         
Credit Derivatives          
Unrealized Gains (Losses) 9,200,000 8,900,000 (900,000) 38,600,000  
Net fair value of credit derivatives (573,100,000)   (573,100,000)   (571,300,000)
Present Value of Expected Claim Payments Recoveries $ (97,200,000) [1]   $ (97,200,000) [1]   $ (94,900,000) [1]
[1] esents amount in excess of the present value of future installment fees to be received of $53.6 million as of June 30, 2012 and $47.1 million as of December 31, 2011. Includes R&W benefit of $240.7 million as of June 30, 2012 and $215.0 million as of December 31, 2011. (2) Includes
[2] udes one transaction which is covered under the Bank of America Agreement. R