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Schedule II Financial Information of Registrant Parent Company Financial Statements (Tables)
 12 Months Ended
Dec. 31, 2017
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 Sheet
Parent Company Only
 
December 31,
($ in thousands, except share and per-share amounts)
2017
 
2016
Assets
 
 
 
Investments
 
 
 
Fixed-maturities available for sale—at fair value
$
10,785

 
$
79,336

Short-term investments—at fair value
83,356

 
311,418

Total investments
94,141

 
390,754

Cash
13,173

 
8,256

Restricted cash (Note B)
—

 
124

Investment in subsidiaries, at equity in net assets (Note C)
3,764,865

 
3,383,089

Accounts and notes receivable (Note D)
103,561

 
305,316

Federal income taxes recoverable, net—current
35,741

 
—

Other assets (Note E)
166,051

 
166,098

Total assets
$
4,177,532

 
$
4,253,637

 
 
 
 
Liabilities and Stockholders’ Equity
 
 
 
Long-term debt (Note F)
$
1,027,074

 
$
1,069,537

Federal income taxes—current
—

 
78,980

Federal income taxes—deferred
97,067

 
187,309

Other liabilities
53,353

 
45,525

Total liabilities
1,177,494

 
1,381,351

 
 
 
 
Common stockholders’ equity
 
 
 
Common stock: par value $.001 per share; 485,000,000 shares authorized at December 31, 2017 and 2016; 233,416,989 and 232,091,921 shares issued at December 31, 2017 and 2016, respectively; 215,814,188 and 214,521,079 shares outstanding at December 31, 2017 and 2016, respectively
233

 
232

Treasury stock, at cost: 17,602,801 and 17,570,842 shares at December 31, 2017 and 2016, respectively
(893,888
)
 
(893,332
)
Additional paid-in capital
2,754,275

 
2,779,891

Retained earnings
1,116,333

 
997,890

Accumulated other comprehensive income (loss)
23,085

 
(12,395
)
Total common stockholders’ equity
3,000,038

 
2,872,286

Total liabilities and stockholders’ equity
$
4,177,532

 
$
4,253,637
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)
2017
 
2016
 
2015
Revenues:
 
 
 
 
 
Net investment income
$
22,528

 
$
20,834

 
$
17,917

Net gains (losses) on investments and other financial instruments
(328
)
 
(150
)
 
2,975

Other income
80

 
49

 
—

Total revenues
22,280

 
20,733

 
20,892

Expenses:
 
 
 
 
 
Loss on induced conversion and debt extinguishment
51,469

 
75,075

 
94,207

Interest expense
18,033

 
29,002

 
55,768

Total expenses (Note G)
69,502

 
104,077

 
149,975

Pretax loss from continuing operations
(47,222
)
 
(83,344
)
 
(129,083
)
Income tax benefit
(141,437
)
 
(8,676
)
 
(43,854
)
Equity in net income of affiliates
26,873

 
382,921

 
371,949

Net income from continuing operations
121,088

 
308,253

 
286,720

Income from discontinued operations, net of taxes
—

 
—

 
204

Net income
121,088

 
308,253

 
286,924

Other comprehensive income (loss), net of tax
35,480

 
6,082

 
(69,962
)
Comprehensive income
$
156,568

 
$
314,335

 
$
216,962
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)
2017
 
2016
 
2015
Net cash provided by (used in) operating activities, continuing operations
$
(23,654
)
 
$
38,902

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

 
—

 
—

Net cash provided by (used in) operating activities
(23,654
)
 
38,902

 
(128,879
)
Cash flows from investing activities:
 
 
 
 
 
Proceeds from sales of:
 
 
 
 
 
Fixed-maturity investments available for sale
58,007

 
47,058

 
—

Equity securities available for sale
—

 
24,992

 
—

Trading securities
—

 
30,350

 
—

Proceeds from redemptions of:
 
 
 
 
 
Fixed-maturity investments available for sale
60,414

 
49,578

 
—

Trading securities
—

 
10,000

 
—

Purchases of :
 
 
 
 
 
Fixed-maturity investments available for sale
(134,456
)
 
(137,431
)
 
(39,667
)
Equity securities available for sale
—

 
—

 
(25,545
)
Sales, redemptions and (purchases) of :
 
 
 
 
 
Short-term investments, net
210,529

 
(40,288
)
 
473,350

Other assets, net
(1,107
)
 
239

 
(688
)
Capital distributions from subsidiaries
924

 
15,000

 
113,784

Capital contributions to subsidiaries
(21,643
)
 
(1,500
)
 
(182,307
)
Acquisition of subsidiaries
—

 
(30,443
)
 
—

(Issuance) repayment of note receivable from affiliate (Note D)
(44
)
 
201,631

 
(208,527
)
Net cash provided by (used in) investing activities
172,624

 
169,186

 
130,400

Cash flows from financing activities:
 
 
 
 
 
Dividends paid
(2,154
)
 
(2,105
)
 
(1,996
)
Issuance of long-term debt, net
442,163

 
343,417

 
343,334

Purchases and redemptions of long-term debt
(593,527
)
 
(445,072
)
 
(156,172
)
Proceeds from termination of capped calls
4,208

 
—

 
13,150

Issuance of common stock
7,132

 
717

 
1,285

Purchase of common shares
(6
)
 
(100,188
)
 
(202,000
)
Credit facility commitment fees paid
(1,993
)
 
—

 
—

Excess tax benefits from stock-based awards (Note A)
—

 
98

 
2,228

Net cash provided by (used in) financing activities
(144,177
)
 
(203,133
)
 
(171
)
Increase (decrease) in cash and restricted cash
4,793

 
4,955

 
1,350

Cash and restricted cash, beginning of period
8,380

 
3,425

 
2,075

Cash and restricted cash, end of period
$
13,173

 
$
8,380

 
$
3,425
Schedule of Maturities of Long-term Debt [Table Text Block]
At December 31, 2017, the maturities of the principal amount of our long-term debt in future years are as follows:
(In thousands)
 
2019
$
158,623

2020
234,126

2021
197,661

2024
450,000

Total
$
1,040,410

 
 
Components of Parent Company Expenses Allocated to Subsidiaries [Table Text Block]
The following table shows the components of our Parent Company expenses that have been allocated to our subsidiaries for the periods indicated:
 
Year Ended December 31,
(in thousands)
2017
 
2016
 
2015
Allocated operating expenses
$
72,764

 
$
56,446

 
$
53,738

Allocated interest expenses
44,686

 
52,092

 
35,300

Total allocated expenses
$
117,450

 
$
108,538

 
$
89,038