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Note 4 - Derivative Instruments Fair Values Derivatives, Balance Sheet Location by Derivative Contract Type (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Derivatives, Fair Value [Line Items]      
Derivative Assets $ 16,642 $ 13,609  
Derivative liabilities 307,185 266,873 126,006
Financial Guaranty Credit Derivatives [Member]
     
Derivatives, Fair Value [Line Items]      
Derivative Assets 6,323 12,024  
Derivative liabilities 238,728 196,406  
Financial Guaranty VIE Derivative Liabilities [Member]
     
Derivatives, Fair Value [Line Items]      
Derivative liabilities 68,457 70,467  
Derivative liabilities, net (68,457) [1]    
NIMS related and other [Member]
     
Derivatives, Fair Value [Line Items]      
Derivative Assets 10,319 1,585  
Derivative liabilities, net 10,319 [2]    
Radian Group Consolidated [Member]
     
Derivatives, Fair Value [Line Items]      
Derivative Assets 16,642 13,609  
Derivative liabilities 307,185 266,873  
Derivative liabilities, net $ (290,543) $ (253,264)  
[1] Represents the fair value of a CDS included in a VIE that we have consolidated. See Note 6 for more information on this transaction, the underlying reference securities and our maximum exposure to loss from this consolidated financial guaranty transaction. The assets in the VIE represent the only funds available to pay the CDS Counterparty for amounts due under the contract; therefore, the notional exposure presented for the CDS is limited to the current trust assets.
[2] Represents derivative assets related to other purchased derivatives for which we do not have loss exposure that exceeds our net asset amount.