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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The carrying value of long-term debt was as follows:
December 31,
 
2016
 
2015
Ambac Assurance:
 
 
 
 
5.1% surplus notes, general account, due 2020
 
$
730,648

 
$
715,211

5.1% surplus notes, segregated account, due 2020
 
33,107

 
31,725

5.1% junior surplus notes, segregated account, due 2020
 
248,247

 
247,443

Secured borrowing
 
102,403

 
130,571

Ambac Assurance long-term debt
 
$
1,114,405

 
$
1,124,950

 
 
 
 
 
Variable Interest Entities long-term debt
 
$
11,155,936

 
$
12,327,960