XML 12 R54.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 3 - Derivative Instruments Derivative Contract (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
contract
Dec. 31, 2013
Corporate collateralized debt obligations (CDO's)[Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 14  
Derivative, Notional Amount $ 6,060,500  
Derivative assets (liabilities), at fair value, net (423)  
Non Corporate CDOs and other derivative transactions[Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 32  
Derivative, Notional Amount 2,754,531  
Derivative assets (liabilities), at fair value, net (122,591)  
Trust Preferred Securities (TruPs) [Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 9  
Derivative, Notional Amount 816,257  
Derivative assets (liabilities), at fair value, net (18,378)  
CDOs of commercial mortgage backed securities (CMBS)[Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 1  
Derivative, Notional Amount 430,000  
Derivative assets (liabilities), at fair value, net (39,341)  
Structured finance [Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 3  
Derivative, Notional Amount 436,865  
Derivative assets (liabilities), at fair value, net (39,728)  
Public finance [Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 19  
Derivative, Notional Amount 1,071,409  
Derivative assets (liabilities), at fair value, net (25,144)  
Total Assumed [Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 25  
Derivative, Notional Amount 223,127  
Derivative assets (liabilities), at fair value, net (9,489)  
Assumed structured finance [Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 21  
Derivative, Notional Amount 128,112  
Derivative assets (liabilities), at fair value, net (9,185)  
Assumed public finance [Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 4  
Derivative, Notional Amount 95,015  
Derivative assets (liabilities), at fair value, net (304)  
Financial Guaranty VIE derivative liabilities [Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 1 [1]  
Derivative, Notional Amount 79,473 [1]  
Derivative assets (liabilities), at fair value, net (46,653) [1]  
Other Credit Derivatives [Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 3 [2]  
Derivative, Notional Amount 0 [2]  
Derivative assets (liabilities), at fair value, net 18,111 [2]  
Radian Group Consolidated [Member]
   
Derivative [Line Items]    
Number of Credit Risk Derivatives Held 75  
Derivative, Notional Amount 9,117,631 12,300,000
Derivative assets (liabilities), at fair value, net $ (161,045) $ (290,543)
[1] Represents the fair value of a CDS included in a VIE that we have consolidated.
[2] Represents derivative assets related to other purchased derivatives for which we do not have loss exposure that exceeds our net asset amount.