XML 18 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Subsequent Events
9 Months Ended
Sep. 30, 2013
Disclosure - Subsequent Events [Abstract]  
Subsequent Event [Text Block]

10. Subsequent Events

At September 30, 2013, the Company had an equity investment in Essent Group Ltd. (Essent), a non-public U.S. mortgage guaranty insurance company, which was recorded at cost of $36 million. Essent became a publicly traded company on October 30, 2013 and, as a result, from this date the Company will record its investment in Essent at fair value, which was approximately $105 million based on the closing market price on October 31, 2013. The Company will report this unrealized gain and any subsequent changes in the fair value of this investment in net realized and unrealized investment gains and losses in the Consolidated Statements of Operations.