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Loss Reserves - Reconciliation of Beginning and Ending Balances (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Loss Reserve [Roll Forward]    
Reserve at beginning of period $ 1,438,813 $ 1,893,402
Less reinsurance recoverable 50,493 44,487
Net reserve at beginning of period 1,388,320 1,848,915
Losses and LAE incurred in respect of default notices received in:    
Current year 80,416 92,479
Prior years (52,797) (7,467)
Total losses incurred 27,619 85,012
Losses and LAE paid in respect of default notices received in:    
Current year 331 204
Prior years 127,224 221,457
Reinsurance terminations 0 (4)
Total losses paid 127,555 221,657
Net reserve at end of period 1,288,384 1,712,270
Plus reinsurance recoverables 46,658 41,119
Reserve at end of period $ 1,335,042 $ 1,753,389