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Consolidated Balance Sheets - Successor [Member] - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets:    
Fixed income securities, at fair value (amortized cost of $3,713,908 and $4,614,623) $ 3,871,938 $ 4,652,172
Fixed income securities pledged as collateral, at fair value (amortized cost of $84,240 and $99,719) 84,240 99,719
Short-term investments, at fair value (amortized cost of $321,210 and $557,476) 321,119 557,270
Other investments 419,896 431,630
Total investments 4,697,193 5,740,791
Cash and cash equivalents 38,485 623,703
Receivable for securities 2,376 11,177
Investment income due and accrued 20,457 16,532
Premium receivables 580,707 586,312
Reinsurance recoverable on paid and unpaid losses 38,825 40,997
Deferred ceded premium 49,631 52,195
Subrogation recoverable 1,894,778 631,213
Loans 10,643 10,358
Derivative assets 60,196 73,199
Income Taxes Receivable 20,180 11,803
Insurance intangible asset 833,040 846,973
Other assets 36,332 46,614
Total assets 22,847,966 23,192,374
Liabilities:    
Unearned premiums 762,240 783,155
Loss and loss expense reserves 2,139,101 4,745,015
Ceded premiums payable 36,451 37,876
Long-term debt 2,957,732 991,696
Accrued interest payable 244,199 436,984
Derivative Liability 71,584 82,782
Other liabilities 55,209 67,583
Payable for securities purchased 8,849 1,932
Total liabilities 20,738,801 21,547,116
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 454 453
Additional paid-in capital 204,172 199,560
Accumulated other comprehensive income 99,476 (52,239)
Retained earnings 1,541,464 1,233,845
Treasury stock, shares at cost: 0 and 8,202 (511) (471)
Total Ambac Financial Group, Inc. stockholders’ equity 1,845,055 1,381,148
Noncontrolling interest 264,110 264,110
Total stockholders’ equity 2,109,165 1,645,258
Total liabilities and stockholders’ equity 22,847,966 23,192,374
Deferred Income Tax Liabilities, Net 34,804 33,659
Variable Interest Entity, Primary Beneficiary [Member]    
Assets:    
Fixed income securities, at fair value (amortized cost of $3,713,908 and $4,614,623) 2,955,763 2,914,145
Restricted cash 1,134 978
Loans 11,558,331 11,529,384
Derivative assets 46,260 54,877
Other assets 3,635 1,123
Liabilities:    
Long-term debt 12,270,124 12,160,544
Accrued interest payable 3,005 589
Derivative Liability 2,155,456 2,205,264
Other liabilities $ 47 $ 37