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Note 6 - VIEs Financial Guaranty Insurance Contracts VIEs (Details) (USD $)
12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Variable Interest Entity, Primary Beneficiary [Member]
transaction
Dec. 31, 2013
Financial Guarantee Insurance Product Line [Member]
Variable Interest Entity, Primary Beneficiary [Member]
Dec. 31, 2012
Financial Guarantee Insurance Product Line [Member]
Variable Interest Entity, Primary Beneficiary [Member]
Dec. 31, 2011
Financial Guarantee Insurance Product Line [Member]
Variable Interest Entity, Primary Beneficiary [Member]
Dec. 31, 2013
Financial Guarantee Insurance Product Line [Member]
Variable Interest Entity, Not Primary Beneficiary [Member]
Dec. 31, 2012
Financial Guarantee Insurance Product Line [Member]
Variable Interest Entity, Not Primary Beneficiary [Member]
Dec. 31, 2011
Financial Guarantee Insurance Product Line [Member]
Variable Interest Entity, Not Primary Beneficiary [Member]
Jun. 30, 2012
April 2012 Commutation Transactions [Member]
Radian Asset Assurance [Member]
security
counterparty
transaction
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 Other Financial Guaranty Transactions       2              
Number Of Consolidated CDO Of ABS Transactions                     1
Balance Sheet Related Disclosures                      
Trading securities—at fair value 3,117,429,000 4,094,622,000     81,000,000 78,006,000          
Derivative Assets 16,642,000 13,609,000     0 0   0 3,201,000    
Premiums receivable               2,211,000 2,859,000    
Other assets 379,947,000 374,662,000     92,023,000 99,337,000          
Unearned premiums 768,871,000 648,682,000 637,372,000         1,872,000 2,513,000    
Reserve for losses and LAE 2,185,421,000 3,149,936,000 3,310,902,000         14,094,000 14,376,000    
Derivative liabilities 307,185,000 266,873,000 126,006,000   68,457,000 70,467,000   220,633,000 175,781,000    
VIE debt - at fair value 94,645,000 108,858,000 228,240,000   91,800,000 98,983,000          
Other liabilities 395,852,000 328,955,000     254,000 366,000   0 0    
Maximum exposure (1)         121,628,000 [1] 120,939,000 [1]   4,578,784,000 [1] 5,096,718,000 [1]    
Statement of Operations                      
Premiums earned 830,894,000 738,982,000 756,025,000       0 1,203,000 2,087,000 2,648,000  
Net investment income 108,088,000 114,337,000 163,520,000   1,786,000 3,362,000 8,696,000        
Net (losses) gains on investments (149,720,000) 184,888,000 202,177,000   1,208,000 (1,205,000) 14,746,000 0 0 0  
Change in fair value of derivative instruments, gain (loss) (31,771,000) (144,025,000) 628,395,000   (503,000) 1,189,000 (10,696,000) (43,553,000) (168,255,000) 511,202,000  
Net (losses) gains on other financial instruments (4,736,000) (82,269,000) 193,329,000   4,435,000 (90,071,000) 155,507,000        
Provision for losses, increase (decrease) 567,134,000 959,171,000 1,296,521,000       0 25,000 5,930,000 (6,015,000)  
Other operating expenses 284,528,000 196,672,000 175,810,000   1,940,000 2,332,000 3,090,000        
Net cash inflow (outflow) for VIEs         $ 438,000 $ (134,509,000) $ 823,000 $ 5,443,000 $ (68,990,000) $ 7,620,000  
[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.