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Note 6 - VIEs Financial Guaranty Insurance Contracts VIEs (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Balance Sheet Related Disclosures      
Trading Securities $ 4,094,622,000 $ 4,211,059,000  
Derivative Assets 13,609,000 17,212,000  
Other Assets 374,662,000 333,566,000  
Unearned premiums 648,682,000 637,372,000 686,364,000
Reserve for losses and LAE 3,149,936,000 3,310,902,000 3,596,735,000
Derivative liabilities 266,873,000 126,006,000 723,579,000
VIE debt - at fair value 108,858,000 228,240,000 520,114,000
Accounts payable and accrued expenses 325,270,000 349,726,000  
Statement of Operations      
Premiums earned 738,982,000 756,025,000 825,733,000
Net investment income 114,337,000 163,520,000 178,760,000
(Loss) Gain on Investments 184,888,000 202,177,000 139,944,000
Change in fair value of derivative instruments, gain (loss) (144,025,000) 628,395,000 (558,712,000)
Net (losses) gains on other financial instruments (82,269,000) 193,329,000 (211,681,000)
Provision for losses, increase (decrease) 959,171,000 1,296,521,000 1,739,244,000
Other operating expenses 196,672,000 175,810,000 191,942,000
Consolidated Financial Guaranty Insurance Contracts
     
Balance Sheet Related Disclosures      
Trading Securities 78,006,000 94,521,000  
Derivative Assets 0 0  
Other Assets 99,337,000 105,885,000  
Derivative liabilities 70,467,000 19,501,000  
VIE debt - at fair value 98,983,000 218,790,000  
Accounts payable and accrued expenses 365,000 530,000  
Maximum exposure (1) 120,939,000 [1] 579,988,000 [1]  
Statement of Operations      
Premiums earned     0
Net investment income 3,362,000 8,696,000 10,927,000
(Loss) Gain on Investments (1,205,000) 14,746,000 0
Change in fair value of derivative instruments, gain (loss) 1,189,000 (10,696,000) (14,523,000)
Net (losses) gains on other financial instruments (90,071,000) 155,507,000 (143,555,000)
Provision for losses, increase (decrease)     0
Other operating expenses 2,332,000 3,090,000 3,487,000
Financial Guaranty VIE Additional Disclosure      
Net cash inflow (outflow) for VIEs (134,509,000) 823,000 830,000
Unconsolidated Financial Guaranty Insurance Contracts
     
Balance Sheet Related Disclosures      
Derivative Assets 3,201,000 4,090,000  
Premiums receivable 2,859,000 3,584,000  
Unearned premiums 2,513,000 3,793,000  
Reserve for losses and LAE 14,376,000 7,909,000  
Derivative liabilities 175,781,000 79,473,000  
Maximum exposure (1) 5,096,718,000 [1] 6,126,337,000 [1]  
Statement of Operations      
Premiums earned 2,087,000 2,648,000 2,836,000
Change in fair value of derivative instruments, gain (loss) (168,255,000) 511,202,000 (478,285,000)
Provision for losses, increase (decrease) 5,930,000 (6,015,000) 6,536,000
Financial Guaranty VIE Additional Disclosure      
Net cash inflow (outflow) for VIEs $ (68,990,000) $ 7,620,000 $ (32,077,000)
[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, 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.