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Note 8 - Investments in Affiliates
 12 Months Ended
Dec. 31, 2012
Investment in Affiliates [Abstract]  
Investments in and Advances to Affiliates, Schedule of Investments [Text Block]
Investment in Affiliates
On May 3, 2010, Radian Guaranty sold all of its remaining 28.7% equity interest in Sherman for approximately $172.0 million in cash. As a result of the sale, in the second quarter of 2010, we recorded a pre-tax gain of approximately $34.8 million, net of transaction related expenses of $1.3 million and a pre-tax decrease in accumulated comprehensive income of $29.7 million. In addition, we agreed to terminate certain rights, including our right to a future contingent payment from a previous sale of our equity interest in Sherman.
The following is a rollforward of our investment in Sherman during 2010:

 
Year Ended December 31,
(In thousands)
2010
Sherman
 
Balance, beginning of period
$
121,424

Share of net income for period
14,590

Dividends received
(29,498
)
Other comprehensive loss
(381
)
Sale of ownership interest
(106,135
)
Balance, end of period
$
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