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Note 5 - VIEs Financial Guaranty Insurance Contracts VIEs (Details) (USD $)
3 Months Ended 3 Months Ended 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Mar. 31, 2013
Consolidated Financial Guaranty Insurance Contracts
Mar. 31, 2012
Consolidated Financial Guaranty Insurance Contracts
Dec. 31, 2012
Consolidated Financial Guaranty Insurance Contracts
Mar. 31, 2013
Unconsolidated Financial Guaranty Insurance Contracts
Mar. 31, 2012
Unconsolidated Financial Guaranty Insurance Contracts
Dec. 31, 2012
Unconsolidated Financial Guaranty Insurance Contracts
Jun. 30, 2012
April 2012 Commutation Transactions [Member]
Radian Asset Assurance [Member]
security
transaction
counterparty
Variable Interest Entity [Line Items]                    
Number of Derivative Counterparties Involved in Commutation                   1
Number Of Trups CDOs Terminated                   6
Net Par Outstanding                   $ 699,000,000
Number Of Consolidated CDO Of ABS Transactions                   1
Balance Sheet Related Disclosures                    
Trading Securities 3,963,465,000   4,094,622,000              
Other invested assets       76,919,000   78,006,000        
Derivative assets 6,429,000   13,609,000       1,732,000   3,201,000  
Premiums receivable             2,687,000   2,859,000  
Other assets 396,453,000   374,662,000 96,693,000   99,337,000 0   0  
Unearned premiums 673,849,000   648,682,000       2,345,000   2,513,000  
Reserve for losses and LAE 2,919,073,000   3,149,936,000       14,112,000   14,376,000  
Derivative liabilities 430,898,000   266,873,000 66,752,000   70,467,000 336,430,000   175,781,000  
VIE debt—at fair value 107,401,000   108,858,000 96,339,000   98,983,000        
Accounts payable and accrued expenses 362,030,000   324,573,000 3,001,000   365,000        
Maximum exposure (1)       118,431,000 [1]   120,939,000 [1] 4,977,626,000 [1]   5,096,718,000 [1]  
Statement of Operations                    
Premiums earned 192,588,000 167,365,000         324,000 509,000    
Net investment income 26,873,000 34,713,000   443,000 2,014,000          
Net (losses) gains on investments (5,505,000) 67,459,000   (1,530,000) (2,863,000)          
Change in fair value of derivative instruments (167,670,000) (72,757,000)   3,062,000 (1,227,000)   (160,975,000) (81,673,000)    
Net losses on other financial instruments (5,675,000) (17,852,000)   1,155,000 (30,085,000)          
Provision for losses, (decrease) increase 132,059,000 266,154,000         (10,000) 6,219,000    
Other operating expenses 80,100,000 50,154,000   503,000 716,000          
Net cash inflow for VIEs       $ 114,000 $ 196,000   $ 1,215,000 $ 2,827,000    
[1] The difference between the carrying amounts of the net asset/liability position and maximum exposure related to VIEs is primarily due to the difference between the face amount of the obligation and the recorded fair values, which include an adjustment for our non-performance risk, as applicable. For those VIEs that have recourse to our general credit, the maximum exposure is based on the net par amount of our insured obligation. For any VIEs that do not have recourse to our general credit, the maximum exposure is generally based on the recorded net assets of the VIE, as of the reporting date.