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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets:    
Fixed income securities, at fair value (amortized cost of $2,465,967 and $3,020,744) $ 3,460,894  
Short-term investments, at fair value (amortized cost of $772,214 and $430,405) 772,299 $ 430,331
Other investments 469,438 391,217
Total investments 3,930,332 3,937,223
Cash and cash equivalents 17,514 63,089
Restricted Cash 0 19,405
Premium receivables 441,526 495,391
Reinsurance recoverable on paid and unpaid losses 27,215 23,133
Deferred ceded premium 56,272 61,134
Subrogation recoverable 1,984,826 1,932,960
Derivative assets 72,376 59,468
Income Taxes Receivable 14,092 47,040
Insurance intangible asset 454,830 718,931
Other assets 190,566 137,628
Total assets 14,713,066 14,588,711
Liabilities:    
Unearned premiums 556,908 629,971
Loss and loss expense reserves 1,494,106 1,826,078
Ceded premiums payable 30,795 32,913
Long-term debt 2,946,620 2,928,929
Accrued interest payable 407,096 375,808
Derivative Liability 88,245 76,699
Other liabilities 137,757 63,792
Total liabilities 13,160,150 12,955,564
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 456 454
Additional paid-in capital 226,794 219,429
Accumulated other comprehensive income 19,088 (48,715)
Retained earnings 1,246,990 1,421,302
Treasury stock, shares at cost: 0 and 8,202 (380) (473)
Total Ambac Financial Group, Inc. stockholders’ equity 1,492,948 1,591,997
Noncontrolling interest 59,968 41,150
Total stockholders’ equity 1,552,916 1,633,147
Total liabilities and stockholders’ equity 14,713,066 14,588,711
Deferred Income Tax Liabilities, Net 31,716 40,130
Variable Interest Entity, Primary Beneficiary [Member]    
Assets:    
Fixed income securities, at fair value (amortized cost of $2,465,967 and $3,020,744) 3,138,714 2,737,286
Restricted Cash 28,500 999
Derivative assets 62,941 66,302
Other assets 4,790 1,058
Total assets 7,523,517 7,093,309
Liabilities:    
Long-term debt 5,648,083 5,268,596
Accrued interest payable 529 556
Derivative Liability 1,818,273 1,712,062
Other liabilities 22 30
Total liabilities 7,466,907 6,981,244
Stockholders’ equity:    
Financing Receivable, after Allowance for Credit Loss $ 4,288,572 $ 4,287,664