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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Proceeds From Issuance of Tier II Notes   $ 240,000  
Cash flows from operating activities:      
Net income (loss) attributable to common stockholders $ (216,000) 186,000 $ (329,000)
AMPS Exchange Loss Based on Carry Value 0 82,000 0
Net income (loss) (216,000) 267,000 (329,000)
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization 0 1,000 1,000
Amortization of bond premium and discount (63,000) (137,000) (183,000)
Share-based compensation 12,000 12,000 4,000
Deferred income taxes 1,000 7,000 32,000
Current income taxes 35,000 (35,000) (26,000)
Unearned premiums, net (132,000) (163,000) (168,000)
Losses and loss expenses, net (364,000) (1,633,000) 400,000
Ceded premiums payable (4,000) (5,000) (5,000)
Premium receivables 77,000 91,000 77,000
Accrued interest payable 87,000 9,000 50,000
Amortization of insurance intangible assets 295,000 107,000 151,000
Net mark-to-market (gains) losses (1,000) 1,000 (15,000)
Net realized investment gains (81,000) (112,000) (5,000)
Other-than-temporary impairment charges 0 3,000 20,000
Net realized gains (losses) on extinguishment of debt 0 (3,000) (5,000)
Other, net 80,000 67,000 22,000
Net cash used in operating activities (311,000) (1,543,000) (221,000)
Cash flows from investing activities:      
Proceeds from sales of bonds 1,212,000 1,248,000 2,139,000
Proceeds from matured bonds 379,000 432,000 814,000
Purchases of bonds (959,000) (528,000) (2,054,000)
Proceeds from sales of other invested assets 81,000 159,000 350,000
Purchases of other invested assets (137,000) (140,000) (299,000)
Change in short-term investments (218,000) 127,000 (127,000)
Change in cash collateral receivable 100,000 (58,000) 123,000
Proceeds From Financial Guaranty Variable Interest Entity Assets 543,000 349,000 235,000
Other, net (2,000) 0 (17,000)
Net cash provided by investing activities 1,000,000 1,588,000 1,163,000
Cash flows from financing activities:      
Proceeds from Sale of Senior Surplus Notes 0 24,000  
Paydown of Ambac Note (178,000) (214,000)  
Paydown Of Variable Interest Entity Secured Borrowing 0 74,000 29,000
Payments From Drawdowns Of Borrowings Under Guaranteed Investment Agreements     82,000
Payments for extinguishment of surplus notes 0 (191,000) (69,000)
Payments of Debt Issuance Costs   (9,000)  
AMPS Proceeds 19,000    
AMPS Exchange Cash Paid 0 (11,000)  
Payment, Tax Withholding, Share-based Payment Arrangement (3,000) (1,000) (1,000)
Paydown of Financial Guaranty Variable Interest Entity Liabilities (542,000) (349,000) (230,000)
Net Cash Provided by (Used in) Financing Activities (691,000) (585,000) (412,000)
Effect of Exchange Rate on Cash and Cash Equivalents 0 0 (1,000)
Cash and Cash Equivalents, Period Increase (Decrease) (2,000) (541,000) 529,000
Cash and cash equivalents end of period 24,000 63,000 624,000
Supplemental disclosure of cash flow information      
Income Taxes Paid 21,000 35,000 40,000
Cash payments related to reorganization items:      
Variable interest entity activities (38,000) (3,000) (20,000)
Increase (Decrease) in Derivative Assets and Liabilities (1,000) (17,000) (223,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 81,000 83,000 625,000
Proceeds From Issuance of Ambac UK Debt 12,000    
Ambac Financial Group, Inc Parent Company Only [Member]      
Cash flows from operating activities:      
Net income (loss) attributable to common stockholders (216,000) 186,000 (329,000)
Net income (loss) (216,000) 186,000 (329,000)
Adjustments to reconcile net income to net cash used in operating activities:      
Amortization of bond premium and discount (6,000) (7,000) (17,000)
Share-based compensation 12,000 12,000 4,000
Current income taxes 15,000 (15,000) (1,000)
Net realized investment gains (1,000) 1,000 7,000
Other, net (6,000) 0 (10,000)
Net cash used in operating activities 16,000 32,000 16,000
Cash flows from investing activities:      
Proceeds from matured bonds 86,000 230,000 187,000
Purchases of bonds (2,000) (137,000) (196,000)
Change in short-term investments (125,000) (123,000) (3,000)
Net cash provided by investing activities (22,000) (21,000) (44,000)
Cash flows from financing activities:      
AMPS Exchange Cash Paid 0    
Cash and Cash Equivalents, Period Increase (Decrease) (6,000) 11,000 (28,000)
Cash and cash equivalents end of period 9,000 15,000 4,000
Supplemental disclosure of cash flow information      
Income Taxes Paid $ 1,000 $ 4,000 $ 1,000