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Note 4 - Fair Value of Financial Instruments Impact of Non-Performance Risk on Fair Value Disclosure (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
basispoint
Dec. 31, 2012
basispoint
Mar. 31, 2012
basispoint
Dec. 31, 2011
basispoint
Fair Value Concentration of Risk Disclosure Items [Line Items]        
Derivative Liability, Fair Value, Gross Liability 822.3 808.4    
Derivative Credit Risk Valuation Adjustment, Derivative Liabilities 453.5 615.6    
Derivative (Asset) Liability, Fair Value, Net 368.8 192.8    
Fair Value, Concentration of Risk, Market Risk Management, Additional Details [Member]
       
Five Year CDS Spread Details [Abstract]        
Radian Group's five year CDS Spread (in basis points) 513 913 1,521 2,732
Number of Years for CDS Spread Related to Non Performance Risk In Fair Value Disclosure 5 years      
Fair Value, Concentration of Risk, Market Risk Management, Additional Details [Member] | Impact of Radian Non Performance Risk
       
Fair Value Concentration of Risk Disclosure Items [Line Items]        
Market View Of The Probability That Registrant Will Default In The Next Five Years 31.80% 47.70%    
Change in Impact of Non Performance Risk on Fair Value of Financial Instruments 162.1      
Corporate collateralized debt obligations (CDO's)[Member]
       
Fair Value Concentration of Risk Disclosure Items [Line Items]        
Derivative Liability, Fair Value, Gross Liability 85.3 98.8    
Derivative Credit Risk Valuation Adjustment, Derivative Liabilities 75.4 101.6    
Derivative (Asset) Liability, Fair Value, Net 9.9 (2.8)    
Non Corporate CDOS and other derivative transactions[Member]
       
Fair Value Concentration of Risk Disclosure Items [Line Items]        
Derivative Liability, Fair Value, Gross Liability 724.2 [1] 696.6 [1]    
Derivative Credit Risk Valuation Adjustment, Derivative Liabilities 374.8 [1] 509.3 [1]    
Derivative (Asset) Liability, Fair Value, Net 349.4 [1] 187.3 [1]    
NIMS Related [Member]
       
Fair Value Concentration of Risk Disclosure Items [Line Items]        
Derivative Liability, Fair Value, Gross Liability 12.8 [2] 13.0 [2]    
Derivative Credit Risk Valuation Adjustment, Derivative Liabilities 3.3 [2] 4.7 [2]    
Derivative (Asset) Liability, Fair Value, Net 9.5 [2] 8.3 [2]    
[1] Includes the net fair value liability recorded within derivative assets and derivative liabilities, but does not include the net fair value liability of derivative assets or derivative liabilities within our consolidated VIEs, as Radian Group’s credit spread has no impact on the financial instruments in these VIEs.
[2] Includes NIMS VIE debt and NIMS derivative assets.