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Consolidated Balance Sheets - Successor [Member] - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets:    
Fixed income securities, available for sale, at fair value (amortized cost: $5,550,887 and $4,992,756) $ 5,709,464 $ 5,043,776
Fixed income securities pledged as collateral, available for sale, at fair value (amortized cost: $64,721 and $64,612) 65,068 64,555
Short-term investments, available for sale, at fair value (amortized cost: $336,222 and $225,789) 336,222 225,789
Other investments (includes $383,107 and $285,261 at fair value) 410,727 310,600
Total investments 6,521,481 5,644,720
Cash and cash equivalents 23,044 35,744
Receivable for securities 2,400 44,030
Investment income due and accrued 25,082 25,264
Premium receivables 741,414 831,575
Reinsurance recoverable on paid and unpaid losses 28,704 43,999
Deferred ceded premium 82,055 96,758
Subrogation recoverable 677,157 1,229,293
Loans 4,615 5,206
Derivative assets 104,353 84,995
Insurance intangible asset 1,075,605 1,212,112
Other assets 252,163 185,877
Total assets 23,199,111 23,728,070
Liabilities:    
Unearned premiums 1,122,946 1,280,282
Loss and loss expense reserves 4,327,938 4,088,106
Ceded premiums payable 45,727 53,494
Obligations under investment agreements 82,358 100,358
Deferred taxes 1,712 2,205
Current taxes 4,858 5,835
Long-term debt 1,112,920 1,124,950
Accrued interest payable 380,117 355,536
Derivative liabilities 437,163 353,358
Other liabilities 59,040 61,134
Payable for securities purchased 54,696 84,690
Total liabilities 21,136,274 21,769,724
Stockholders’ equity:    
Preferred stock, par value $0.01 per share; 20,000,000 shares authorized; issued and outstanding shares—none 0 0
Common stock, par value $0.01 per share; 130,000,000 shares authorized; issued and outstanding shares: 45,121,788 and 45,044,222 451 450
Additional paid-in capital 193,074 190,813
Accumulated other comprehensive income 50,775 15,215
Retained earnings 1,551,724 1,478,439
Treasury stock, shares at cost: 0 and 8,202 0 (118)
Total Ambac Financial Group, Inc. stockholders’ equity 1,796,024 1,684,799
Noncontrolling interest 266,813 273,547
Total stockholders’ equity 2,062,837 1,958,346
Total liabilities and stockholders’ equity 23,199,111 23,728,070
Deferred Income Tax Liabilities, Net 1,712 2,205
Variable Interest Entity [Member]    
Assets:    
Fixed income securities, available for sale, at fair value (amortized cost: $5,550,887 and $4,992,756) 2,577,293 2,588,556
Restricted cash 5,461 5,822
Investment income due and accrued 1,167 1,213
Loans 11,074,772 11,690,324
Other assets 2,345 2,582
Liabilities:    
Long-term debt 11,444,892 12,327,960
Accrued interest payable 870 3,230
Derivative liabilities 2,060,878 1,928,403
Other liabilities $ 159 $ 183