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Note 6 - VIEs Financial Guaranty Insurance Contracts VIEs (Details) (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Balance Sheet Related Disclosures      
Trading Securities $ 4,211,059,000 $ 4,562,821,000  
Derivative Assets 17,212,000 26,212,000  
Other Assets 333,566,000 323,320,000  
Unearned premiums 637,372,000 686,364,000 823,621,000
Reserve for losses and LAE 3,310,902,000 3,596,735,000 3,578,982,000
Derivative liabilities 126,006,000 723,579,000 238,697,000
VIE debt 228,240,000 520,114,000 296,080,000
Accounts payable and accrued expenses 349,726,000 258,791,000  
Statement of Operations      
Premiums earned 756,025,000 825,733,000 825,901,000
Net investment income 163,520,000 178,760,000 214,190,000
Gain (Loss) on Investments 202,177,000 139,944,000 257,141,000
Change in fair value of derivative instruments, gain (loss) 628,395,000 (558,712,000) 99,958,000
Net gains (losses) on other financial instruments 193,329,000 (211,681,000) (88,569,000)
Provision for losses, (decrease) increase 1,296,521,000 1,739,244,000 1,337,574,000
Other operating expenses 175,810,000 191,942,000 203,770,000
Consolidated Financial Guaranty Insurance Contracts
     
Balance Sheet Related Disclosures      
Trading Securities 94,500,000 83,200,000  
Derivative Assets 0 0  
Other Assets 105,900,000 112,400,000  
Derivative liabilities 19,500,000 19,200,000  
VIE debt 218,800,000 379,100,000  
Accounts payable and accrued expenses 500,000 800,000  
Maximum exposure (1) 580,000,000 [1] 584,600,000 [1]  
Statement of Operations      
Premiums earned     0
Net investment income 8,700,000 10,900,000 0
Gain (Loss) on Investments 14,700,000 0 0
Change in fair value of derivative instruments, gain (loss) (10,700,000) (14,500,000) 0
Net gains (losses) on other financial instruments 155,500,000 (143,500,000) 0
Provision for losses, (decrease) increase     0
Other operating expenses 3,100,000 3,500,000 0
Financial Guaranty VIE Additional Disclosure      
Number Of Consolidated CDO Of ABS Transactions 1    
Number Of Consolidated Other Financial Guaranty Transactions 2    
Net cash inflow (outflow) for VIEs 800,000 900,000 0
Unconsolidated Financial Guaranty Insurance Contracts
     
Balance Sheet Related Disclosures      
Derivative Assets 4,100,000 6,000,000  
Premiums receivable 3,600,000 5,200,000  
Unearned premiums 3,800,000 6,000,000  
Reserve for losses and LAE 7,900,000 15,000,000  
Derivative liabilities 79,500,000 585,900,000  
Maximum exposure (1) 6,126,300,000 [1] 6,874,200,000 [1]  
Statement of Operations      
Premiums earned 2,600,000 2,800,000 3,500,000
Change in fair value of derivative instruments, gain (loss) 511,200,000 (478,300,000) 0
Provision for losses, (decrease) increase (6,000,000) 6,500,000 (4,400,000)
Financial Guaranty VIE Additional Disclosure      
Financial Guaranty Provided, Minimum Number Of V.I.E.s 1    
Net cash inflow (outflow) for VIEs $ 7,600,000 $ (32,100,000) $ (2,800,000)
[1] The difference between the carrying amounts of the net asset/liability position and maximum exposure related to VIEs is primarily due to the difference between the face amount of the obligation and the recorded fair values, which include an adjustment for our non-performance risk. The maximum exposure is based on the net par amount of our insured obligations as of the reporting date.