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Note 5 - VIEs Financial Guaranty Insurance Contracts VIEs (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Balance Sheet Related Disclosures          
Derivative assets $ 9,379,000   $ 9,379,000   $ 13,609,000
Other assets 398,428,000   398,428,000   374,662,000
Unearned premiums 712,706,000   712,706,000   648,682,000
Reserve for losses and LAE 2,716,490,000   2,716,490,000   3,149,936,000
Derivative liabilities 350,576,000   350,576,000   266,873,000
VIE debt—at fair value 106,767,000   106,767,000   108,858,000
Accounts payable and accrued expenses 346,335,000   346,335,000   325,270,000
Statement of Operations          
Premiums earned 213,124,000 186,779,000 405,712,000 354,144,000  
Net investment income 27,615,000 30,877,000 54,488,000 65,590,000  
Gain (Loss) on Investments, Excluding Other than Temporary Impairments (130,254,000) 26,419,000 (135,759,000) 93,878,000  
Change in fair value of derivative instruments 86,535,000 (33,124,000) (81,135,000) (105,881,000)  
Net gains (losses) on other financial instruments 1,188,000 (61,862,000) (4,487,000) (79,714,000)  
Provision for losses, (decrease) increase 140,291,000 210,868,000 272,350,000 477,022,000  
Other operating expenses 60,981,000 40,193,000 141,081,000 90,347,000  
Consolidated Financial Guaranty Insurance Contracts
         
Variable Interest Entity [Line Items]          
Number Of Consolidated Other Financial Guaranty Transactions 2   2    
Balance Sheet Related Disclosures          
Other invested assets 76,959,000   76,959,000   78,006,000
Other assets 96,125,000   96,125,000   99,337,000
Derivative liabilities 64,637,000   64,637,000   70,467,000
VIE debt—at fair value 95,804,000   95,804,000   98,983,000
Accounts payable and accrued expenses 338,000   338,000   365,000
Maximum exposure (1) 115,324,000 [1]   115,324,000 [1]   120,939,000 [1]
Statement of Operations          
Net investment income     888,000 2,427,000  
Gain (Loss) on Investments, Excluding Other than Temporary Impairments     (1,935,000) (2,863,000)  
Change in fair value of derivative instruments     4,539,000 (2,364,000)  
Net gains (losses) on other financial instruments     2,282,000 (92,517,000)  
Other operating expenses     995,000 1,266,000  
Net cash inflow for VIEs     225,000 (134,748,000)  
Unconsolidated Financial Guaranty Insurance Contracts
         
Balance Sheet Related Disclosures          
Derivative assets 897,000   897,000   3,201,000
Premiums receivable 2,528,000   2,528,000   2,859,000
Other assets 0   0   0
Unearned premiums 2,209,000   2,209,000   2,513,000
Reserve for losses and LAE 15,004,000   15,004,000   14,376,000
Derivative liabilities 262,942,000   262,942,000   175,781,000
Maximum exposure (1) 4,777,930,000 [1]   4,777,930,000 [1]   5,096,718,000 [1]
Statement of Operations          
Premiums earned     611,000 899,000  
Change in fair value of derivative instruments     (87,170,000) (114,415,000)  
Provision for losses, (decrease) increase     819,000 5,748,000  
Net cash inflow for VIEs     2,742,000 (71,776,000)  
April 2012 Commutation Transactions [Member] | Radian Asset Assurance [Member]
         
Variable Interest Entity [Line Items]          
Number of Derivative Counterparties Involved in Commutation   1   1  
Number Of Trups CDOs Terminated   6   6  
Net Par Outstanding   $ 699,000,000   $ 699,000,000  
Number Of Consolidated CDO Of ABS Transactions   1   1  
[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.