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Note 10 - Financial Guaranty Insurance Contracts Financial Guaranty Claim Liabilities by Surveillance Categories (Details) (USD $) In Thousands, unless otherwise specified | 6 Months Ended
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Jun. 30, 2014 policy
Financial Guaranty Claim Liabilities by Surveillance Categories |
Number of policies | 354
Remaining weighted-average contract period (in years) | 17 years
Insured contractual payments outstanding: |
Principal | $ 1,794,424
Interest | 946,629
Total insured contractual payments outstanding | 2,741,053
Gross claim liability | 294,916
Reductions of gross claim liability: |
Gross potential recoveries | 365,848
Discount, Net | (118,403)
Net claim liability/(asset) (prior to reduction for unearned premium) | 47,471
Unearned premium revenue | 26,804
Net claim liability/(asset) reported in the balance sheet | 32,859
Reinsurance recoverable | 0
Performing |
Financial Guaranty Claim Liabilities by Surveillance Categories |
Number of policies | 5
Remaining weighted-average contract period (in years) | 21 years
Insured contractual payments outstanding: |
Principal | 1,443
Interest | 159
Total insured contractual payments outstanding | 1,602
Gross claim liability | 1
Reductions of gross claim liability: |
Gross potential recoveries | 0
Discount, Net | 0
Net claim liability/(asset) (prior to reduction for unearned premium) | 1
Unearned premium revenue | 6
Net claim liability/(asset) reported in the balance sheet | 0
Reinsurance recoverable | 0
Special Mention |
Financial Guaranty Claim Liabilities by Surveillance Categories |
Number of policies | 173
Remaining weighted-average contract period (in years) | 16 years
Insured contractual payments outstanding: |
Principal | 1,018,341
Interest | 536,743
Total insured contractual payments outstanding | 1,555,084
Gross claim liability | 16,543
Reductions of gross claim liability: |
Gross potential recoveries | 1,442
Discount, Net | 2,414
Net claim liability/(asset) (prior to reduction for unearned premium) | 12,687
Unearned premium revenue | 16,125
Net claim liability/(asset) reported in the balance sheet | 5,212
Reinsurance recoverable | 0
Intensified Surveillance |
Financial Guaranty Claim Liabilities by Surveillance Categories |
Number of policies | 97
Remaining weighted-average contract period (in years) | 19 years
Insured contractual payments outstanding: |
Principal | 681,284
Interest | 384,351
Total insured contractual payments outstanding | 1,065,635
Gross claim liability | 246,341
Reductions of gross claim liability: |
Gross potential recoveries | 309,894
Discount, Net | (120,205)
Net claim liability/(asset) (prior to reduction for unearned premium) | 56,652
Unearned premium revenue | 10,673
Net claim liability/(asset) reported in the balance sheet | 49,516
Reinsurance recoverable | 0
Case Reserve |
Financial Guaranty Claim Liabilities by Surveillance Categories |
Number of policies | 79
Remaining weighted-average contract period (in years) | 18 years
Insured contractual payments outstanding: |
Principal | 93,356
Interest | 25,376
Total insured contractual payments outstanding | 118,732
Gross claim liability | 32,031
Reductions of gross claim liability: |
Gross potential recoveries | 54,512
Discount, Net | (612)
Net claim liability/(asset) (prior to reduction for unearned premium) | (21,869)
Unearned premium revenue | 0
Net claim liability/(asset) reported in the balance sheet | (21,869)
Reinsurance recoverable | $ 0

X
- Definition Remaining weighted average contract period of financial guarantee insurance contracts, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(ii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 + Details
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- Definition This element represents the gross claim liability for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(iv) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
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- Definition This element represents the amount of insured contractual payments outstanding on the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(iii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
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- Definition This element represents the amount of insured contractual payments outstanding attributable to interest accrued on the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(iii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
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- Definition This element represents the amount of insured contractual payments outstanding attributable to the principal of the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(iii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
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- Definition This element represents the net claim liability related to financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(vii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
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- Definition This element represents the number of issued and outstanding contracts for each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(i) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
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- Definition This element represents the gross potential recoveries against the gross claim liability for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(v) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
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- Definition This element represents the net discount consisting of the difference between the discount related to the claim liability for and potential recoveries thereof related to financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(vi) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
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- Definition This element represents the claim liability, reported on or included in the statement of financial position, related to financial guarantee insurance contracts and presented in the schedule of insured financial obligations with credit deterioration in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751140-161288 + Details
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- Definition This element represents the amount of reinsurance recoverable, reported on or included in the statement of financial position, related to financial guarantee insurance contracts and presented in the schedule of insured financial obligations with credit deterioration in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(viii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
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- Definition This element represents the amount of unearned premium revenue, reported on or included in the statement of financial position, related to financial guarantee insurance contracts and presented in the schedule of insured financial obligations with credit deterioration in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=34726416&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(ix) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
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