Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015		Dec. 31, 2014		Dec. 31, 2013
Cash flows from operating activities [Abstract]
Net income (loss)	$ 286,924		$ 959,517		$ (196,985)
Loss from discontinued operations, net of tax	5,385	[1]	(300,057)	[1],[2]	(55,134)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Net (gains) losses on investments and other financial instruments recognized in earnings	(35,693)		(79,989)		105,890
Loss on induced conversion and debt extinguishment	94,207		0		0
Net payments related to derivative contracts and VIEs	(3,203)		(125)		(8,574)
Net cash (paid) received for commutations, terminations and recaptures	(8,047)		1,105		(254,667)
Deferred income tax provision (benefit)	156,170		(825,843)		(31,847)
Increase (Decrease) in Goodwill and Intangible Assets	12,986		8,648		0
Depreciation and other amortization, net	68,639		57,301		69,726
Change in:
Accounts Receivable, Net	25,656		(28,310)		6,556
Unearned premiums	35,796		77,432		184,659
Reserve for losses and LAE	(575,594)		(604,906)		(664,588)
Other assets	21,620		37,460		61,302
Other liabilities	(58,562)		(55,592)		54,354
Net cash provided by (used in) operating activities, continuing operations	15,514		(153,245)		(619,040)
Net cash used in operating activities, discontinued operations	(1,759)		17,071		(45,897)
Net cash used in operating activities	13,755		(136,174)		(664,937)
Cash flows from investing activities:
Proceeds from sales of fixed-maturity investments available for sale	20,100		19,672		17,185
Proceeds from sales of equity securities available for sale	146,049		0		0
Proceeds from sales of trading securities	78,826		469,582		299,577
Proceeds from redemptions of fixed-maturity investments held to maturity	0		350		325
Proceeds from redemptions of fixed-maturity investments available for sale	103,595		4,985		538
Proceeds from redemptions of equity securities available for sale	0		0		10,503
Proceeds from redemptions of fixed-maturity investments held to maturity	221,914		201,597		233,763
Purchases of fixed-maturity investments available for sale	(1,486,318)		(519,166)		(21,432)
Purchases of equity securities available for sale	(75,538)		0		0
Purchases of trading securities	0		0		(259,897)
Sales, redemptions (purchases) of short-term investments, net	222,882		(364,855)		(363,446)
Sales of other assets and other invested assets, net	16,717		7,836		41,397
Proceeds from the sale of investment in affiliate, net of cash transferred	784,866		0		0
Purchases of property and equipment, net	(25,466)		(18,495)		(6,004)
Acquisitions, net of cash received	(10,837)		(295,977)		0
Net cash (used in) investing activities, continuing operations	(3,210)		(494,471)		(47,491)
Net cash provided by investing activities, discontinued operations	4,999		156,839		107,790
Net cash provided by (used in) investing activities	1,789		(337,632)		60,299
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 Hedge, Financing Activities	13,150		0		0
Issuance of common stock	1,285		247,188		299,410
Payments for Repurchase of Common Stock	(202,000)		0		0
Excess tax benefits from stock-based awards	3,000		107		752
Net cash provided by financing activities, continuing operations	601		482,016		596,941
Net cash provided by (used in) financing activities, discontinued operations	0		0		0
Net cash (used in) provided by financing activities	601		482,016		596,941
Effect of exchange rate changes on cash	(133)		(68)		0
Increase (decrease) in cash	16,012		8,142		(7,697)
Cash, beginning of period	30,465		22,880		29,408
Change in cash of business held for sale	(421)		557		(1,169)
Cash, end of period	46,898		30,465		22,880
Supplemental disclosures of cash flow information:
Income Taxes Paid, Net	3,712		(4,312)		4,436
Income taxes paid, discontinued operations	2,036		13,891		1,051
Interest paid	$ 61,077		$ 50,702		$ 40,380

[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.