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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets:    
Fixed income securities, at fair value (amortized cost of $2,561,278 and $3,020,744) $ 3,476,694  
Short-term investments, at fair value (amortized cost of $664,423 and $430,405) 664,441 $ 430,331
Other investments 462,427 391,217
Total investments 3,939,121 3,937,223
Cash and cash equivalents 51,951 63,089
Restricted Cash 12,561 19,405
Premium receivables 414,744 495,391
Reinsurance recoverable on paid and unpaid losses 26,036 23,133
Deferred ceded premium 76,495 61,134
Subrogation recoverable 2,082,268 1,932,960
Derivative assets 82,162 59,468
Income Taxes Receivable 19,663 47,040
Insurance intangible asset 433,524 718,931
Other assets 113,189 137,628
Total assets 13,451,104 14,588,711
Liabilities:    
Unearned premiums 527,771 629,971
Loss and loss expense reserves 1,522,304 1,826,078
Ceded premiums payable 29,950 32,913
Long-term debt 2,954,929 2,928,929
Accrued interest payable 423,815 375,808
Derivative Liability 103,314 76,699
Other liabilities 95,267 63,792
Total liabilities 11,822,440 12,955,564
Stockholders’ equity:    
Preferred stock, par value $0.01 per share; 20,000,000 shares authorized; issued and outstanding shares—none 0 0
Common Stock, Value, Issued 456 454
Additional paid-in capital 229,128 219,429
Accumulated other comprehensive income 26,407 (48,715)
Retained earnings 1,313,052 1,421,302
Treasury stock, shares at cost: 0 and 8,202 (347) (473)
Total Ambac Financial Group, Inc. stockholders’ equity 1,568,696 1,591,997
Noncontrolling interest 59,968 41,150
Total stockholders’ equity 1,628,664 1,633,147
Total liabilities and stockholders’ equity 13,451,104 14,588,711
Deferred Income Tax Liabilities, Net 30,150 40,130
Variable Interest Entity, Primary Beneficiary [Member]    
Assets:    
Fixed income securities, at fair value (amortized cost of $2,561,278 and $3,020,744) 3,158,608 2,737,286
Restricted Cash 3,168 999
Derivative assets 67,921 66,302
Other assets 4,154 1,058
Total assets 6,199,390 7,093,309
Liabilities:    
Long-term debt 4,353,171 5,268,596
Accrued interest payable 2,656 556
Derivative Liability 1,779,077 1,712,062
Other liabilities 36 30
Total liabilities 6,134,940 6,981,244
Stockholders’ equity:    
Financing Receivable, after Allowance for Credit Loss 2,965,539 4,287,664
Fixed Income Securities [Member]    
Assets:    
Fixed income securities, at fair value (amortized cost of $2,561,278 and $3,020,744) 2,727,305 3,115,675
Collateral Pledged [Member] | Fixed Income Securities [Member]    
Assets:    
Fixed income securities, at fair value (amortized cost of $2,561,278 and $3,020,744) $ 84,948 $ 0