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Schedule II Financial Information of Registrant Parent Company Financial Statements (Tables)
 12 Months Ended
Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Financial Information Statement Of Condition Of Parent Company [Table Text Block]
Radian Group Inc.
Schedule II—Financial Information of Registrant
Condensed Balance Sheets
Parent Company Only

 
December 31,
(In thousands, except share and per-share amounts)
2015
 
2014
Assets
 
 
 
Investments
 
 
 
Fixed-maturities available for sale—at fair value
$
41,176

 
$
—

Equity securities available for sale—at fair value
25,510

 
—

Trading securities—at fair value
5,482

 
5,447

Short-term investments—at fair value
158,658

 
631,934

Total investments
230,826

 
637,381

Cash
3,301

 
1,951

Restricted cash (Note B)
124

 
124

Investment in subsidiaries, at equity in net assets
3,001,846

 
2,746,915

Accounts and notes receivable (Note G)
631,636

 
305,856

Other assets (Note H)
124,983

 
31,394

Assets held for sale (Note A)
—

 
18,027

Total assets
$
3,992,716

 
$
3,741,648

 
 
 
 
Liabilities and Stockholders’ Equity
 
 
 
Long-term debt (Note E)
$
1,219,454

 
$
1,192,299

Federal income taxes—current and deferred
229,939

 
262,583

Other liabilities
46,392

 
96,989

Liabilities held for sale (Note A)
—

 
18,027

Total liabilities
1,495,785

 
1,569,898

 
 
 
 
Equity component of currently redeemable convertible senior notes
—

 
74,690

Common stockholders’ equity
 
 
 
Common stock: par value $.001 per share; 485,000,000 shares authorized at December 31, 2015 and 2014; 224,432,465 and 208,601,020 shares issued at December 31, 2015 and 2014, respectively; 206,871,768 and 191,053,530 shares outstanding at December 31, 2015 and 2014, respectively
224

 
209

Treasury stock, at cost: 17,560,697 and 17,547,490 shares at December 31, 2015 and 2014, respectively
(893,176
)
 
(892,961
)
Additional paid-in capital
2,716,618

 
2,531,513

Retained earnings
691,742

 
406,814

Accumulated other comprehensive (loss) income
(18,477
)
 
51,485

Total common stockholders’ equity
2,496,931

 
2,097,060

Total liabilities and stockholders’ equity
$
3,992,716

 
$
3,741,648
Condensed Financial Information Statement Of Income Of Parent Company [Table Text Block]
Radian Group Inc.
Schedule II—Financial Information of Registrant
Condensed Statements of Operations
Parent Company Only

 
Year Ended December 31,
(In thousands)
2015
 
2014
 
2013
Revenues:
 
 
 
 
 
Net investment income
$
17,917

 
$
9,515

 
$
4,300

Net gains (losses) on investments and other financial instruments
2,975

 
(2,732
)
 
(6,956
)
Other income
—

 
7

 
—

Total revenues
20,892

 
6,790

 
(2,656
)
Expenses:
 
 
 
 
 
Loss on induced conversion and debt extinguishment
94,207

 
—

 
—

Interest expense
55,768

 
57,366

 
37,087

Total expenses
149,975

 
57,366

 
37,087

Pretax loss from continuing operations
(129,083
)
 
(50,576
)
 
(39,743
)
Income tax (benefit) provision
(43,854
)
 
143,912

 
9,234

Equity in net income (loss) of affiliates
371,949

 
1,172,032

 
(148,008
)
Net income (loss) from continuing operations
286,720

 
977,544

 
(196,985
)
Income (loss) from discontinued operations, net of taxes
204


(18,027
)

—

Net income (loss)
286,924

 
959,517

 
(196,985
)
Other comprehensive (loss) income, net of tax
(70,227
)
 
14,161

 
21,090

Comprehensive income (loss)
$
216,697

 
$
973,678

 
$
(175,895
)
Condensed Financial Information Statement of Cash Flows of Parent Company [Table Text Block]
 
Year Ended December 31,
(In thousands)
2015
 
2014
 
2013
Net cash (used in) provided by operating activities, continuing operations
$
(128,879
)
 
$
(27,153
)
 
$
105,681

Net cash used in operating activities, discontinued operations
—

 
(18,027
)
 
—

Net cash (used in) provided by operating activities
(128,879
)
 
(45,180
)
 
105,681

Cash flows from investing activities:
 
 
 
 
 
Proceeds from redemptions of trading securities
—

 
—

 
9,000

Purchases of fixed-maturities available for sale
(39,667
)
 
—

 
—

Purchases of equity securities available for sale
(25,545
)
 
—

 
—

Sales, redemptions (purchases) of short-term investments, net
473,350

 
1,372

 
(496,979
)
Sales of other assets and other invested assets, net
—

 
—

 
21,473

Other, net
(688
)
 
(1,351
)
 
(647
)
Capital distributions from subsidiaries and affiliates
113,784

 
—

 
—

Capital contributions to subsidiaries and affiliates
(182,307
)
 
(139,103
)
 
(233,391
)
Issuance of note receivable from affiliate (Note G)
(208,527
)
 
(300,000
)
 
—

Net cash provided by (used in) investing activities
130,400

 
(439,082
)
 
(700,544
)
Cash flows from financing activities:
 
 
 
 
 
Dividends paid
(1,996
)
 
(1,865
)
 
(1,632
)
Issuance of long-term debt, net
343,334

 
293,809

 
377,783

Purchases and redemptions of long-term debt
(156,172
)
 
(57,223
)
 
(79,372
)
Proceeds from termination of capped calls
13,150

 
—

 
—

Issuance of common stock
1,285

 
247,188

 
299,410

Purchase of shares under ASR
(202,000
)
 
—

 
—

Excess tax benefits from stock-based awards
2,228

 
—

 
—

Net cash (used in) provided by financing activities
(171
)
 
481,909

 
596,189

Increase (decrease) in cash
1,350

 
(2,353
)
 
1,326

Cash, beginning of year
1,951

 
4,304

 
2,978

Cash, end of year
$
3,301

 
$
1,951

 
$
4,304
Schedule of Maturities of Long-term Debt [Table Text Block]
At December 31, 2015, the maturities of the principal amount of our long-term debt in future years are as follows:
(In thousands)
 
2017
$
247,871

2019
689,992

2020
350,000

 
$
1,287,863