Consolidated Statements of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Premiums written—insurance:
Direct	$ 982,976		$ 1,033,323		$ 892,650
Assumed	(882)		(904)		(903)
Ceded	(56,913)		(81,421)		(85,442)
Net premiums written	925,181		950,998		806,305
(Increase) decrease in unearned premiums	(80,653)		(169,578)		(103,920)
Net premiums earned—insurance	844,528		781,420		702,385
Services revenue	76,693		0		0
Net investment income	65,655		68,121		72,679
Net gains (losses) on investments	83,869	[1]	(98,945)	[1]	114,282
Net (losses) gains on other financial instruments	(3,880)		(7,580)		7,802
Other income	5,820		6,890		5,595
Total revenues	1,072,685		749,906		902,743
Expenses:
Provision for losses	246,083		562,747		921,548
Policy acquisition costs	24,446		28,485		34,131
Direct cost of services	43,605		0		0
Other operating expenses	252,283		257,402		167,660
Interest expense	90,464		74,618		51,832
Increase (Decrease) in Goodwill and Intangible Assets	8,648		0		0
Total expenses	665,529		923,252		1,175,171
Pretax Income (Loss) from Continuing Operations Attributable to Parent	407,156		(173,346)		(272,428)
Income tax benefit	(852,418)		(31,495)		(48,323)
Net income (loss) from continuing operations	1,259,574	[2]	(141,851)		(224,105)
Loss from discontinued operations, net of tax	(300,057)	[3]	(55,134)		(227,363)
Net income (loss)	$ 959,517		$ (196,985)		$ (451,468)
Income (Loss) from Continuing Operations, Per Basic Share	$ 6.83		$ (0.85)		$ (1.69)
Loss from discontinued operations, per basic share	$ (1.63)		$ (0.33)		$ (1.72)
Net income (loss), per basic share	$ 5.20		$ (1.18)		$ (3.41)
Income (Loss) from Continuing Operations, Per Diluted Share	$ 5.44		$ (0.85)		$ (1.69)
Loss from discontinued operations and disposal of discontinued operations, net of tax, per diluted share	$ (1.28)		$ (0.33)		$ (1.72)
Net income (loss) per diluted share	$ 4.16	[4],[5]	$ (1.18)	[4],[5]	$ (3.41)
Weighted-average number of common shares outstanding—basic	184,551		166,366		132,533
Weighted-average number of common and common equivalent shares outstanding—diluted	233,902	[4]	166,366	[4]	132,533
Dividends per share	$ 0.01		$ 0.01		$ 0.01

[1] The 2014 and 2013 amounts reflect unrealized gains (losses), respectively, on our trading securities.

[2] This amount reflects a reversal of substantially all of our tax valuation allowance in the fourth quarter.

[3] This amount reflects a $468 million loss on reclassification of Radian Asset Assurance as assets held for sale in the fourth quarter.

[4] Diluted net income (loss) per share and average shares outstanding per the accounting standard regarding earnings per share.

[5] Diluted net income (loss) per share is computed independently for each period presented. Consequently, the sum of the quarters may not equal the total net income (loss) per share for the year. For all calculations, the determination of whether potential common shares are dilutive or anti-dilutive is based on net income (loss) from continuing operations.