Basis of Presentation and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Goodwill [Line Items]

Schedule of Goodwill [Table Text Block]

The following is a summary of activity in goodwill that was all assigned to the Financial Guarantee reporting unit:

December 31	2015			2014
Beginning balance	$	514,511		$	514,511
Impairment loss	(514,511		)	—
Ending balance	$	—		$	514,511

Reorganization Costs [Table Text Block]

Reorganization items:

Professional advisory fees and other costs directly associated with our reorganization are reported separately as reorganization items pursuant to the Reorganizations Topic of the ASC. Reorganization items also include adjustments to reflect the carrying value of certain pre-petition liabilities at their allowable claim amounts, gain on the settlement of liabilities subject to compromise and fresh start reporting adjustments. The reorganization items in the Consolidated Statements of Total Comprehensive Income (Loss) consisted of the following items:

	Successor Ambac						Predecessor Ambac
					Period from May 1		Period from Jan 1
	Year Ended December 31,				through		through
	2015		2014		December 31, 2013		April 30, 2013
U.S. Trustee fees	$	—	$	7	$	33	$	23
Professional fees	—		204		460		4,483
Gain from cancellation and satisfaction of Predecessor Ambac debt	—		—		—		(1,521,435		)
Fresh start reporting adjustments	—		—		—		(1,228,251		)
Total reorganization items	$	—	$	211	$	493	$	(2,745,180	)