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Note 5 - Fair Value of Financial Instruments Impact of Non-Performance Risk on Fair Value Disclosure (Details) (USD $)
12 Months Ended 12 Months Ended
Dec. 31, 2012
contract
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
Fair Value, Concentration of Risk, Market Risk Management, Additional Details [Member]
basispoint
Dec. 31, 2011
Fair Value, Concentration of Risk, Market Risk Management, Additional Details [Member]
basispoint
Dec. 31, 2010
Fair Value, Concentration of Risk, Market Risk Management, Additional Details [Member]
basispoint
Dec. 31, 2009
Fair Value, Concentration of Risk, Market Risk Management, Additional Details [Member]
basispoint
Dec. 31, 2012
Corporate Collateralized Debt Obligations [Member]
Dec. 31, 2011
Corporate Collateralized Debt Obligations [Member]
Dec. 31, 2012
Non Corporate Collateralized Debt Obligations And Other Derivative Transactions [Member]
Dec. 31, 2011
Non Corporate Collateralized Debt Obligations And Other Derivative Transactions [Member]
Dec. 31, 2012
NIMS Related [Member]
Dec. 31, 2011
NIMS Related [Member]
Dec. 31, 2011
Committed Preferred Securities CPS
Dec. 31, 2012
NIMS VIEs [Member]
Dec. 31, 2011
NIMS VIEs [Member]
Dec. 31, 2012
NIMS VIEs [Member]
Fair Value, Inputs, Level 3
Dec. 31, 2011
NIMS VIEs [Member]
Fair Value, Inputs, Level 3
Dec. 31, 2012
Consolidated Financial Guaranty Insurance Contracts [Member]
Dec. 31, 2011
Consolidated Financial Guaranty Insurance Contracts [Member]
Dec. 31, 2012
Consolidated Financial Guaranty Insurance Contracts [Member]
Fair Value, Inputs, Level 3
Dec. 31, 2012
Collateralized Debt Obligations [Member]
Five Year CDS Spread Details [Abstract]                                            
Radian Group's five year CDS Spread (in basis points)       913 2,732 465 1,530                              
Number of Years for CDS Spread Related to Non Performance Risk In Fair Value Disclosure       5 years                                    
Derivative Liability, Fair Value, Gross Liability $ 800,900,000 $ 2,010,200,000           $ 98,800,000 $ 463,100,000 $ 689,100,000 [1] $ 1,529,700,000 [1] $ 13,000,000 [2] $ 17,400,000 [2]                  
Derivative Credit Risk Valuation Adjustment, Derivative Liabilities 615,600,000 1,872,900,000           101,600,000 458,000,000 509,300,000 [1] 1,405,300,000 [1] 4,700,000 [2] 9,600,000 [2]                  
Derivative liabilities, net 185,300,000 137,300,000           (2,800,000) 5,100,000 179,800,000 [1] 124,400,000 [1] 8,300,000 [2] 7,800,000 [2]                  
Market View Of The Probability That Registrant Will Default In The Next Five Years       47.70% 83.50%                                  
Number Of Years In Which The Market Believes Radian Group Will Default       5 years                                    
Change in Impact of Non Performance Risk on Fair Value of Financial Instruments       1,300,000,000                         5,200,000 10,200,000        
VIE debt - at fair value 108,858,000 228,240,000 520,114,000                     0 9,875,000 9,450,000     98,983,000 218,790,000 99,000,000  
Fair Value Inputs [Abstract]                                            
Percent of Aggregate Net Par Outstanding for Corporate CDOs Whose Contractual Premiums are Subject to Change Due to Right of Termination                                           80.00%
Percent of Aggregate Net Par Outstanding Corporate CDOs Subject to Termination With Fair Value Cap                                           37.00%
Percent of Corporate CDO Deals With Minimum Fair Premium Amount                                           32.00%
Percent of Aggregate Net Par Outstanding for Non Corporate CDOs Whose Contractual Premiums are Subject to Change Due to Right of Termination                                           87.00%
Percent of Aggregate Net Par Outstanding Non Corporate CDOs Subject to Termination With Fair Value Cap                                           34.00%
Number of Financial Guarantee Insurance Contracts That Require Posting of Collateral 0                                          
Maximum exposure (1)                             14,061,000 [3] 18,515,000 [3] 13,500,000 18,000,000 120,939,000 [4] 579,988,000 [4] 120,900,000  
VIE Other Assets 99,337,000 105,903,000                                     99,200,000  
Variable Interest Entity Accounts Payable And Other Liabilities $ 366,000 $ 530,000                                     $ 200,000  
[1] Includes the net fair value liability recorded within derivative assets and derivative liabilities and the net fair value liabilities included in our consolidated VIEs.
[2] Includes NIMS VIE debt and NIMS derivative assets.
[3] 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 obligation as of the reporting date.
[4] 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, as applicable. For those VIEs that have recourse to our general credit, the maximum exposure is based on the net par amount of our insured obligation. For any VIEs that do not have recourse to our general credit, the maximum exposure is generally based on the recorded net assets of the VIE, as of the reporting date.