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Consolidated Balance Sheets - Successor [Member] - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets:    
Fixed income securities, at fair value (amortized cost of $5,165,245 and $5,435,385) $ 5,318,195 $ 5,554,215
Fixed income securities pledged as collateral, at fair value (amortized cost of $64,944 and $64,833) 64,928 64,905
Short-term investments, at fair value (amortized cost of $504,093 and $430,827) 504,006 430,788
Other investments 452,032 450,307
Total investments 6,339,161 6,500,215
Cash and cash equivalents 54,238 91,025
Receivable for securities 3,218 2,090
Investment income due and accrued 24,258 26,023
Premium receivables 653,176 661,337
Reinsurance recoverable on paid and unpaid losses 46,466 30,418
Deferred ceded premium 59,471 69,624
Subrogation recoverable 658,875 684,731
Loans 10,125 4,160
Derivative assets 79,047 77,742
Insurance intangible asset 912,173 962,080
Other assets 70,025 158,423
Total assets 23,005,443 22,635,702
Liabilities:    
Unearned premiums 893,456 967,258
Loss and loss expense reserves 4,582,153 4,380,769
Ceded premiums payable 39,664 42,529
Obligations under investment agreements 0 82,358
Obligations under investment agreements (1,866) (1,720)
Current taxes 26,082 14,280
Long-term debt 988,150 1,114,405
Accrued interest payable 397,974 421,975
Derivative Liability 91,549 319,286
Other liabilities 72,582 76,589
Payable for securities purchased 6,126 1,084
Total liabilities 21,067,230 20,657,678
Stockholders’ equity:    
Preferred stock, par value $0.01 per share; 20,000,000 shares authorized; issued and outstanding shares—none 0 0
Common Stock, Value, Issued 453 452
Additional paid-in capital 197,652 195,267
Accumulated other comprehensive income 38,828 (38,990)
Retained earnings 1,437,641 1,557,681
Treasury stock, shares at cost: 0 and 8,202 (471) (496)
Total Ambac Financial Group, Inc. stockholders’ equity 1,674,103 1,713,914
Noncontrolling interest 264,110 264,110
Total stockholders’ equity 1,938,213 1,978,024
Total liabilities and stockholders’ equity 23,005,443 22,635,702
Deferred Income Tax Liabilities, Net 1,866 1,720
Variable Interest Entity [Member]    
Assets:    
Fixed income securities, at fair value (amortized cost of $5,165,245 and $5,435,385) 2,722,316 2,622,566
Restricted cash 5,015 4,873
Loans 11,301,298 10,658,963
Derivative assets 65,507 80,407
Other assets 1,074 1,025
Liabilities:    
Long-term debt 11,902,682 11,155,936
Accrued interest payable 860 859
Derivative Liability 2,064,071 2,078,601
Other liabilities $ 15 $ 29