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Schedule II Financial Information of Registrant Parent Company Financial Statements (Tables)
 12 Months Ended
Dec. 31, 2016
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 per-share amounts)
2016
 
2015
Assets
 
 
 
Investments
 
 
 
Fixed-maturities available for sale—at fair value
$
79,336

 
$
41,176

Equity securities available for sale—at fair value
—

 
25,510

Trading securities—at fair value
—

 
5,482

Short-term investments—at fair value
311,418

 
158,658

Total investments
390,754

 
230,826

Cash
8,256

 
3,301

Restricted cash (Note B)
124

 
124

Investment in subsidiaries, at equity in net assets (Note C)
3,383,089

 
3,001,846

Accounts and notes receivable (Note D)
305,316

 
631,636

Other assets (Note E)
166,098

 
124,983

Total assets
$
4,253,637

 
$
3,992,716

 
 
 
 
Liabilities and Stockholders’ Equity
 
 
 
Long-term debt (Note F)
$
1,069,537

 
$
1,219,454

Federal income taxes—current and deferred
266,289

 
229,939

Other liabilities
45,525

 
46,392

Total liabilities
1,381,351

 
1,495,785

 
 
 
 
Common stockholders’ equity
 
 
 
Common stock: par value $.001 per share; 485,000,000 shares authorized at December 31, 2016 and 2015; 232,091,921 and 224,432,465 shares issued at December 31, 2016 and 2015, respectively; 214,521,079 and 206,871,768 shares outstanding at December 31, 2016 and 2015, respectively
232

 
224

Treasury stock, at cost: 17,570,842 and 17,560,697 shares at December 31, 2016 and 2015, respectively
(893,332
)
 
(893,176
)
Additional paid-in capital
2,779,891

 
2,716,618

Retained earnings
997,890

 
691,742

Accumulated other comprehensive income (loss)
(12,395
)
 
(18,477
)
Total common stockholders’ equity
2,872,286

 
2,496,931

Total liabilities and stockholders’ equity
$
4,253,637

 
$
3,992,716
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)
2016
 
2015
 
2014
Revenues:
 
 
 
 
 
Net investment income
$
20,834

 
$
17,917

 
$
9,515

Net gains (losses) on investments and other financial instruments
(150
)
 
2,975

 
(2,732
)
Other income
49

 
—

 
7

Total revenues
20,733

 
20,892

 
6,790

Expenses:
 
 
 
 
 
Loss on induced conversion and debt extinguishment
75,075

 
94,207

 
—

Interest expense
29,002

 
55,768

 
57,366

Total expenses (Note G)
104,077

 
149,975

 
57,366

Pretax loss from continuing operations
(83,344
)
 
(129,083
)
 
(50,576
)
Income tax provision (benefit)
(8,676
)
 
(43,854
)
 
143,912

Equity in net income of affiliates
382,921

 
371,949

 
1,172,032

Net income from continuing operations
308,253

 
286,720

 
977,544

Income (loss) from discontinued operations, net of taxes
—


204


(18,027
)
Net income
308,253

 
286,924

 
959,517

Other comprehensive income (loss), net of tax
6,082

 
(69,962
)
 
14,102

Comprehensive income
$
314,335

 
$
216,962

 
$
973,619
Condensed Financial Information Statement of Cash Flows of Parent Company [Table Text Block]
Radian Group Inc.
Schedule II—Financial Information of Registrant
Condensed Statements of Cash Flows
Parent Company Only

 
Year Ended December 31,
(In thousands)
2016
 
2015
 
2014
Net cash provided by (used in) operating activities, continuing operations
$
38,902

 
$
(128,879
)
 
$
(27,152
)
Net cash provided by (used in) operating activities, discontinued operations
—

 
—

 
(18,027
)
Net cash provided by (used in) operating activities
38,902

 
(128,879
)
 
(45,179
)
Cash flows from investing activities:
 
 
 
 
 
Proceeds from sales of:
 
 
 
 
 
Fixed-maturity investments available for sale
47,058

 
—

 
—

Equity securities available for sale
24,992

 
—

 
—

Trading securities
30,350

 
—

 
—

Proceeds from redemptions of:
 
 
 
 
 
Fixed-maturity investments available for sale
49,578

 
—

 
—

Trading securities
10,000

 
—

 
—

Purchases of :
 
 
 
 
 
Fixed-maturity investments available for sale
(137,431
)
 
(39,667
)
 
—

Equity securities available for sale
—

 
(25,545
)
 
—

Sales, redemptions and (purchases) of :
 
 
 
 
 
Short-term investments, net
(40,288
)
 
473,350

 
1,372

Other assets, net
239

 
(688
)
 
(1,351
)
Capital distributions from subsidiaries and affiliates
15,000

 
113,784

 
—

Capital contributions to subsidiaries and affiliates
(1,500
)
 
(182,307
)
 
(139,103
)
Acquisition of subsidiaries
(30,443
)
 
—

 
—

(Issuance) repayment of note receivable from affiliate (Note D)
201,631

 
(208,527
)
 
(300,000
)
Net cash provided by (used in) investing activities
169,186

 
130,400

 
(439,082
)
Cash flows from financing activities:
 
 
 
 
 
Dividends paid
(2,105
)
 
(1,996
)
 
(1,865
)
Issuance of long-term debt, net
343,417

 
343,334

 
293,809

Purchases and redemptions of long-term debt
(445,072
)
 
(156,172
)
 
(57,223
)
Proceeds from termination of capped calls
—

 
13,150

 
—

Issuance of common stock
717

 
1,285

 
247,188

Purchase of common shares
(100,188
)
 
(202,000
)
 
—

Excess tax benefits from stock-based awards
98

 
2,228

 
—

Net cash provided by (used in) financing activities
(203,133
)
 
(171
)
 
481,909

Increase (decrease) in cash and restricted cash
4,955

 
1,350

 
(2,352
)
Cash and restricted cash, beginning of period
3,425

 
2,075

 
4,427

Cash and restricted cash, end of period
$
8,380

 
$
3,425

 
$
2,075
Schedule of Maturities of Long-term Debt [Table Text Block]
At December 31, 2016, the maturities of the principal amount of our long-term debt in future years are as follows:
(In thousands)
 
2017
$
22,233

2019
368,024

2020
350,000

2021
350,000

Total
$
1,090,257