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DISCONTINUED OPERATION - Assets and Liabilities Held-for-Sale (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
ASSETS:      
Total assets held-for-sale $ 6,267,200 $ 7,516,456 $ 7,291,949
LIABILITIES:      
Total liabilities held-for-sale 5,887,685 6,541,866  
Ambac Assurance Corporation | Discontinued Operations, Held-for-Sale or Disposed of by Sale      
ASSETS:      
Total investments 2,226,505 2,309,967  
Cash and equivalents 8,322 9,152  
Premiums receivable 217,096 243,710  
Reinsurance recoverable on paid and unpaid losses 25,274 29,518  
Deferred ceded premiums 79,074 93,264  
Subrogation recoverable 113,962 137,219  
Intangible assets 213,457 245,133  
Other assets, net 49,396 54,091  
Restricted cash 57,754 246,031  
VIE assets (including restricted cash of $57,754 and $246,031) 3,904,259 4,394,402  
Valuation allowance on assets held-for-sale (570,145) 0  
Total assets held-for-sale 6,267,200 7,516,456  
LIABILITIES:      
Unearned premiums 228,177 266,727  
Loss and loss adjustment reserves 577,167 695,859  
Ceded premiums payable 56,404 60,627  
Long-term debt and accrued interest 1,046,658 983,069  
Other liabilities, net 105,772 131,294  
VIE liabilities 3,873,507 4,404,290  
Total liabilities held-for-sale $ 5,887,685 $ 6,541,866