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Schedule II Financial Information of Registrant Parent Company Only Financial Information (Details) (USD $)
12 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2010
Seven Point Seven Five Percent Debentures due 2011 [Member]
Dec. 31, 2009
Seven Point Seven Five Percent Debentures due 2011 [Member]
Dec. 31, 2011
Seven Point Seven Five Percent Debentures due 2011 [Member]
May 01, 2001
Seven Point Seven Five Percent Debentures due 2011 [Member]
Dec. 31, 2011
3.00% Convertible Senior Notes due 2017 [Member]
Dec. 31, 2010
3.00% Convertible Senior Notes due 2017 [Member]
Nov. 01, 2010
3.00% Convertible Senior Notes due 2017 [Member]
Dec. 31, 2009
Parent Company
Dec. 31, 2011
Parent Company
Dec. 31, 2010
Parent Company
Dec. 31, 2009
Parent Company
Dec. 31, 2010
Parent Company
Seven Point Seven Five Percent Debentures due 2011 [Member]
Dec. 31, 2011
Radian Guaranty Inc [Member]
Dec. 31, 2010
Radian Guaranty Inc [Member]
Dec. 31, 2010
CMAC Of Texas [Member]
Balance Sheet Related Disclosures                                    
Trading Securities $ 4,211,059,000 $ 4,562,821,000                   $ 387,239,000 $ 482,873,000          
Short-term Investments 1,261,703,000 1,537,498,000                   177,116,000 333,687,000          
Other Investments and Securities, at Cost 61,000,000 59,627,000                   25,000,000 25,000,000          
Cash 35,589,000 20,334,000 41,574,000               325,000 453,000 1,945,000 325,000        
Restricted Cash and Cash Equivalents 27,020,000 31,413,000                   1,060,000 1,835,000          
Investments In Subsidiaries At Equity In Net Assets                       1,591,914,000 1,027,499,000 [1]          
Unamortized Debt Issuance Expense                       8,414,000 9,804,000          
Related Party Transaction, Due from (to) Related Party                       (2,451,000) (7,306,000)     100,000,000    
Property, Plant and Equipment, Net 11,044,000 13,024,000                   2,017,000 3,755,000          
Other Assets 333,566,000 323,320,000                   35,474,000 20,886,000          
Total assets 6,656,765,000 7,620,887,000 8,057,158,000                 2,231,138,000 1,914,590,000          
Accounts Payable and Other Accrued Liabilities                       123,665,000 31,734,000          
Interest Payable                       7,558,000 8,594,000          
Long-term Debt 818,584,000 964,788,000   160,344,000   0   316,498,000 300,367,000     818,584,000 964,788,000          
Accrued Income Taxes                       99,040,000 49,644,000 [1]          
Total liabilities 5,474,474,000 6,761,107,000                   1,048,847,000 1,054,760,000          
Common Stock, Value, Issued 151,000 150,000                   151,000 150,000          
Treasury Stock, Value (892,052,000) (892,012,000)                   (892,052,000) (892,012,000)          
Additional paid-in capital 1,966,565,000 1,963,092,000                   1,966,565,000 1,963,092,000          
Retained Earnings (Accumulated Deficit) 96,227,000 (204,926,000)                   96,227,000 (204,926,000)          
Accumulated Other Comprehensive Income (Loss), Net of Tax 11,400,000 (6,524,000)                   11,400,000 (6,524,000)          
Total stockholders’ equity 1,182,291,000 859,780,000                   1,182,291,000 859,780,000          
Total Liabilities And Stockholders Equity Parent Company                       2,231,138,000 1,914,540,000          
Income Statement [Abstract]                                    
Net Investment Income                       15,890,000 8,626,000 222,000        
Net gains on investments (202,177,000) (139,944,000) (257,141,000)                 (24,603,000) (61,120,000) (280,000)        
Net gains (losses) on other financial instruments 193,329,000 (211,681,000) (88,569,000)                 1,085,000 2,496,000 11,970,000        
Other Income 5,599,000 8,696,000 14,026,000                 3,000 220,000 280,000        
Total revenues 1,947,843,000 417,465,000 1,313,378,000                 41,581,000 72,462,000 12,752,000        
Interest expense 61,394,000 41,777,000 46,010,000                 16,132,000 1,911,000 0        
Total expenses 61,394,000 41,777,000 46,010,000                 16,132,000 1,911,000 0        
Pretax income (loss) 368,512,000 (1,579,678,000) (242,280,000)                 25,449,000 70,551,000 12,752,000        
Income Tax Expense (Benefit) 66,362,000 226,189,000 (94,401,000)                 (201,741,000) (209,235,000) [1] 7,563,000        
Equity In Net Income (Loss) Of Affiliate                       74,960,000 (2,085,653,000) [1] (153,068,000)        
Net income (loss) 302,150,000 (1,805,867,000) (147,879,000)                 302,150,000 (1,805,867,000) (147,879,000)        
Net Cash Provided by (Used in) Operating Activities [Abstract]                                    
Net income (loss) 302,150,000 (1,805,867,000) (147,879,000)                 302,150,000 (1,805,867,000) (147,879,000)        
Net gains on investments (202,177,000) (139,944,000) (257,141,000)                 (24,603,000) (61,120,000) (280,000)        
Gains (Losses) on Extinguishment of Debt       2,500,000 12,000,000             0 (2,496,000) (11,970,000)        
Equity in undistributed net (income) loss of subsidiaries and affiliates                       (400,561,000) 2,049,175,000 [1] 258,483,000        
Increase (decrease) in federal income taxes                       49,396,000 (274,778,000) [1] 11,968,000        
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries                       0 0 74,369,000        
Change in other assets 65,388,000 (34,405,000) 3,641,000                 13,384,000 35,797,000 6,041,000        
Change in accounts payable and accrued expenses 53,836,000 (20,014,000) 30,342,000                 90,895,000 (20,711,000) 8,403,000        
Net Cash Provided by (Used in) Operating Activities                       30,661,000 (80,000,000) 199,135,000        
Net Cash Provided by (Used in) Investing Activities [Abstract]                                    
Proceeds from sales of fixed-maturity investments available for sale 136,217,000 1,218,460,000 2,463,626,000                 0 4,083,000 3,924,000        
Sales/redemptions of trading securities 6,028,267,000 4,735,215,000 536,601,000                 151,840,000 57,989,000 0        
Purchases of trading securities (5,456,565,000) (6,126,303,000) (2,577,599,000)                 32,825,000 455,724,000 0        
Sales/redemptions of short-term investments, net 276,082,000 (86,071,000) (271,041,000)                 156,665,000 (230,392,000) (51,159,000)        
Purchases of other invested assets                       0 (25,000,000) 0        
Purchases of property and equipment, net 2,976,000 2,516,000 4,300,000                 (523,000) (1,367,000) (2,390,000)        
Capital contributions to subsidiaries and affiliates                       (145,987,000) (423,146,000) (5,600,000)        
Capital distributions (to) from subsidiaries and affiliates                       7,000 268,530,000 0        
Net cash provided by (used in) investing activities 1,072,655,000 (47,785,000) 83,461,000                 129,177,000 (805,027,000) (55,225,000)        
Net Cash Provided by (Used in) Financing Activities [Abstract]                                    
Payments of Dividends, Common Stock 1,330,000 1,202,000 827,000                 (1,330,000) (1,202,000) (827,000)        
Issuance of long-term debt                       0 391,310,000 0        
Repayments of Lines of Credit 0 0 100,000,000                     (100,000,000)        
Paydown of other borrowings                       0 0          
Extinguishment of Debt, Amount 160,000,000 29,348,000 45,622,000                 (160,000,000) (29,348,000) (45,622,000)        
Proceeds from Issuance of Common Stock 0 525,887,000 0                 0 525,887,000 0        
Net Cash Provided by (Used in) Financing Activities (161,326,000) 886,647,000 (146,449,000)                 (161,330,000) 886,647,000 (146,449,000)        
Cash and Cash Equivalents, Period Increase (Decrease) 15,255,000 (21,240,000) (34,255,000)                 (1,492,000) 1,620,000 (2,539,000)        
Cash, beginning of period 20,334,000 41,574,000 75,829,000                 1,945,000 325,000 2,864,000        
Cash, end of period 35,589,000 20,334,000 41,574,000               325,000 453,000 1,945,000 325,000        
Supplemental Notes [Abstract]                                    
Prior Period Adjustment, Provision For Income Taxes                         79,700,000          
Restricted Funds Included In Short Term Investments                       27,700,000 19,400,000          
Restricted Cash Held As Collateral For Insurance Trust Agreement                       1,100,000 900,000          
Costs and Expenses 1,579,396,000 2,011,811,000 1,588,884,000                 100,700,000 105,200,000 115,800,000        
Distributions from subsidiaries and affiliates                       0 0 74,369,000        
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Sale of Interest by Parent                     98,000,000              
Capital Contributions                       146,000,000         322,000,000 101,000,000
Redemption of long-term debt       31,900,000 57,700,000                   31,900,000      
Debt Instrument, Interest Rate, Stated Percentage           7.75% 7.75% 3.00%   3.00%                
Debt Instrument, Face Amount             250,000,000 450,000,000 450,000,000 450,000,000                
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months                       0            
Long-term Debt, Maturities, Repayments of Principal in Year Two                       252,267,000            
Long-term Debt, Maturities, Repayments of Principal in Year Three                       0            
Long-term Debt, Maturities, Repayments of Principal in Year Four                       249,819,000            
Long-term Debt, Maturities, Repayments of Principal in Year Five                       0            
Long-term Debt, Maturities, Repayments of Principal after Year Five                       316,498,000            
Long-term Debt 818,584,000 964,788,000   160,344,000   0   316,498,000 300,367,000     818,584,000 964,788,000          
Subsidiary or Equity Method Investee, Cumulative Proceeds Received on All Transactions                       17,000,000            
Payments for (Proceeds from) Businesses and Interest in Affiliates                               6,000,000    
Related Party Transaction, Due from (to) Related Party                       $ (2,451,000) $ (7,306,000)     $ 100,000,000    
[1] See Note A