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Note 12 - Accumulated Other Comprehensive Income Level 3 (Tables)
 12 Months Ended
Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table shows the rollforward of AOCI as of the periods indicated. During 2015, we sold equity securities in our portfolio and reinvested the proceeds in assets that qualify fully as PMIERs-compliant Available Assets, recognizing pretax gains of $69.2 million.
 
Year Ended December 31, 2015
 
(In thousands)
Before Tax
 
Tax Effect
 
Net of Tax
 
Balance at beginning of period
$
79,208

 
$
27,723

 
$
51,485

 
OCI:
 
 
 
 
 
 
Net foreign currency translation adjustments
(333
)
 
(116
)
 
(217
)
 
Unrealized losses on investments:

 

 
 
 
Unrealized holding losses arising during the period
(34,728
)
 
(12,155
)
 
(22,573
)
 
Less: Reclassification adjustment for net gains included in net income (1) 
67,974

 
23,791

 
44,183

 
Net unrealized losses on investments
(102,702
)
 
(35,946
)
 
(66,756
)
 
Activity related to investments recorded as assets held for sale (2)
(5,006
)
 
(1,752
)
 
(3,254
)
 
OCI
(108,041
)
 
(37,814
)
 
(70,227
)
 
Actuarial gain
408

 
143

 
265

 
Balance at end of period
$
(28,425
)
 
$
(9,948
)
 
$
(18,477
)
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2014
 
(In thousands)
Before Tax
 
Tax Effect
 
Net of Tax
 
Balance at beginning of period
$
57,345

 
$
19,962

 
$
37,383

 
OCI:
 
 
 
 
 
 
Net foreign currency translation adjustments
(326
)
 
(100
)
 
(226
)
 
Unrealized gains on investments:
 
 
 
 
 
 
Unrealized holding gains arising during the period
21,204

 
7,554

 
13,650

 
Less: Reclassification adjustment for net loss included in net loss (1) 
(1,599
)
 
(560
)
 
(1,039
)
 
Net unrealized gains on investments
22,803

 
8,114

 
14,689

 
Activity related to investments recorded as assets held for sale (3) 
(329
)
 
(27
)
 
(302
)
 
OCI
22,148

 
7,987

 
14,161

 
Actuarial loss
(285
)
 
(226
)
 
(59
)
 
Balance at end of period
$
79,208

 
$
27,723

 
$
51,485

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2013
 
(In thousands)
Before Tax
 
Tax Effect
 
Net of Tax
 
Balance at beginning of period
$
24,904

 
$
8,809

 
$
16,095

 
OCI:
 
 
 
 
 
 
Unrealized gains on investments:
 
 
 
 
 
 
Unrealized holding gains arising during the period
29,460

 
10,311

 
19,149

 
Less: Reclassification adjustment for net gains included in net loss (1) 
1,285

 
629

 
656

 
Net unrealized gains on investments
28,175

 
9,682

 
18,493

 
Activity related to investments recorded as assets held for sale (3) 
3,961

 
1,364

 
2,597

 
OCI
32,136

 
11,046

 
21,090

 
Net actuarial loss
305

 
107

 
198

 
Balance at end of period
$
57,345

 
$
19,962

 
$
37,383

 
_________________________
(1)
Included in net gains (losses) on investments on our consolidated statements of operations.
(2)
For 2015, this amount represents the recognition of investment gains included in income from discontinued operations, net of tax, as a result of the completion of the sale of Radian Asset Assurance on April 1, 2015. Previously, pursuant to accounting standards, such investment gains had been deferred and recorded in AOCI.
(3)
Represents the unrealized holding gains (losses) arising during the period on investments recorded as assets held for sale, net of reclassification adjustments for net gains (losses) included in net income from discontinued operations.