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Note 3 - Discontinued Operations Disposal Group, Income Statement, Balance Sheet and Additional Disclosures (Details) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Apr. 01, 2015
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Apr. 02, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Net investment income   $ 22,833,000 $ 22,091,000 $ 19,285,000   $ 17,328,000 $ 16,531,000 $ 17,143,000 $ 16,663,000 $ 15,318,000   $ 81,537,000 $ 65,655,000 $ 68,121,000
Net gains (losses) on investments                       35,081,000 83,869,000 (98,945,000)
Other Income                       6,300,000 5,820,000 6,890,000
Total revenues                       1,193,253,000 1,072,685,000 749,906,000
Policy acquisition costs   4,831,000 2,880,000 6,963,000   7,750,000 6,443,000 4,240,000 6,746,000 7,017,000   22,424,000 24,446,000 28,485,000
Total expenses                       755,424,000 665,529,000 923,252,000
Loss from discontinued operations, net of tax   0 [1] $ 0 [1] $ 4,855,000 [1]   $ 530,000 [1] (449,691,000) [1],[2] $ 21,559,000 [1],[2] $ 71,296,000 [1],[2] $ 56,779,000 [1],[2]   5,385,000 [1] (300,057,000) [1],[2] (55,134,000)
Fixed-maturities available for sale—at fair value   1,865,461,000         536,890,000         1,865,461,000 536,890,000  
Equity securities available for sale—at fair value   75,430,000         143,368,000         75,430,000 143,368,000  
Trading securities—at fair value   1,279,137,000         1,633,584,000         1,279,137,000 1,633,584,000  
Short-term investments—at fair value   1,076,944,000         1,300,872,000         1,076,944,000 1,300,872,000  
Other invested assets   1,714,000         14,585,000         1,714,000 14,585,000  
Other Assets   354,420,000         357,864,000         354,420,000 357,864,000  
Assets held for sale   0         1,736,444,000 [3]         0 1,736,444,000 [3]  
Unearned premiums   680,300,000         644,504,000         680,300,000 644,504,000  
Reserve for losses and loss adjustment expenses (“LAE”) (Note 10)   976,399,000         1,560,032,000         976,399,000 1,560,032,000  
Other liabilities   269,016,000         326,743,000         269,016,000 326,743,000  
Liabilities held for sale   0         947,008,000         0 947,008,000  
Parent Company                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Total Operating Expenses and Interest Expense Allocated to Subsidiaries From Parent Company                       84,700,000 92,500,000 140,000,000
Net investment income                       17,917,000 9,515,000 4,300,000
Other Income                       0 7,000 0
Total revenues                       20,892,000 6,790,000 (2,656,000)
Total expenses                       149,975,000 57,366,000 37,087,000
Loss from discontinued operations, net of tax                       204,000 (18,027,000) 0
Fixed-maturities available for sale—at fair value   41,176,000         0         41,176,000 0  
Equity securities available for sale—at fair value   25,510,000         0         25,510,000 0  
Trading securities—at fair value   5,482,000         5,447,000         5,482,000 5,447,000  
Short-term investments—at fair value   158,658,000         631,934,000         158,658,000 631,934,000  
Other Assets   124,983,000         31,394,000         124,983,000 31,394,000  
Assets held for sale   0         18,027,000         0 18,027,000  
Other liabilities   46,392,000         96,989,000         46,392,000 96,989,000  
Liabilities held for sale   0         18,027,000         0 18,027,000  
Discontinued Operations, Held-for-sale [Member]                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Total revenues                         258,844,000 9,081,000
Discontinued Operations, Held-for-sale [Member] | Radian Asset Assurance [Member]                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Discontinued Operation, Provision for Loss (Gain) on Disposal, before Income Tax         $ 14,300,000             467,500,000 (467,527,000) 0
Total Operating Expenses and Interest Expense Allocated to Subsidiaries From Parent Company                       0    
Premiums Earned, Net, Financial Guarantee Insurance Contracts                         37,194,000 49,474,000
Net investment income                         35,633,000 39,966,000
Net gains (losses) on investments                         55,312,000 (47,930,000)
Impairment losses on investments                         0 (3,000)
Derivative, Gain on Derivative                         130,617,000  
Derivative, Loss on Derivative                           (32,406,000)
Other Income                         88,000 (20,000)
Provision for losses                         2,853,000 2,486,000
Policy acquisition costs                         6,340,000 13,178,000
Other operating expenses                         23,726,000 27,127,000
Total expenses                         32,919,000 42,791,000
Equity in net (loss) income of affiliates                         (13,000) 1,000
Income (loss) from operations of businesses held for sale                         225,912,000 (33,709,000)
Discontinued Operation, Tax Effect of Income (Loss) from Disposal of Discontinued Operation                         58,442,000 21,425,000
Loss from discontinued operations, net of tax                     $ 5,400,000   (300,057,000) $ (55,134,000)
Fixed-maturities available for sale—at fair value             224,552,000           224,552,000  
Equity securities available for sale—at fair value             3,749,000           3,749,000  
Trading securities—at fair value             689,887,000           689,887,000  
Short-term investments—at fair value             435,413,000           435,413,000  
Other invested assets             108,206,000           108,206,000  
Other Assets             274,637,000           274,637,000  
Assets held for sale             1,736,444,000           1,736,444,000  
Unearned premiums             158,921,000           158,921,000  
Reserve for losses and loss adjustment expenses (“LAE”) (Note 10)             31,558,000           31,558,000  
VIE debt—at fair value             85,016,000           85,016,000  
Derivative Liabilities             183,370,000           183,370,000  
Other liabilities             488,143,000           488,143,000  
Liabilities held for sale             $ 947,008,000           $ 947,008,000  
Discontinued Operations, Disposed of by Sale [Member] | Radian Asset Assurance [Member]                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Sale of Stock, Percentage of Ownership before Transaction 100.00%                          
Disposal Group, Including Discontinued Operation, Consideration $ 810,000,000                          
Equity Method Investment, Net Sales Proceeds $ 789,000,000                          
Discontinued Operation, Provision for Loss (Gain) on Disposal, before Income Tax                       (14,280,000)    
Premiums Earned, Net, Financial Guarantee Insurance Contracts                       1,007,000    
Net investment income                       9,153,000    
Net gains (losses) on investments                       21,486,000    
Impairment losses on investments                       0    
Derivative, Gain on Derivative                       2,625,000    
Other Income                       0    
Total revenues                       34,271,000    
Provision for losses                       502,000    
Policy acquisition costs                       (191,000)    
Other operating expenses                       4,107,000    
Total expenses                       4,418,000    
Equity in net (loss) income of affiliates                       (13,000)    
Income (loss) from operations of businesses held for sale                       29,840,000    
Discontinued Operation, Tax Effect of Income (Loss) from Disposal of Discontinued Operation                       10,175,000    
Loss from discontinued operations, net of tax                       5,385,000    
Fixed-maturities available for sale—at fair value   0                   0    
Equity securities available for sale—at fair value   0                   0    
Trading securities—at fair value   0                   0    
Short-term investments—at fair value   0                   0    
Other invested assets   0                   0    
Other Assets   0                   0    
Assets held for sale   0                   0    
Unearned premiums   0                   0    
Reserve for losses and loss adjustment expenses (“LAE”) (Note 10)   0                   0    
VIE debt—at fair value   0                   0    
Derivative Liabilities   0                   0    
Other liabilities   0                   0    
Liabilities held for sale   $ 0                   $ 0    
[1] Radian completed the sale of Radian Asset Assurance to Assured on April 1, 2015, pursuant to the Radian Asset Assurance Stock Purchase Agreement dated as of December 22, 2014. Until the April 1, 2015 sale date, the operating results of Radian Asset Assurance were classified as discontinued operations for all periods presented in our consolidated statements of operations. See Note 3 for additional information.
[2] Reflects a $468 million loss on reclassification of Radian Asset Assurance as assets held for sale in the fourth quarter of 2014.
[3] Assets held for sale are not part of the Mortgage Insurance or Services segments.