XML 12 R54.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Note 3 - Derivative Instruments Derivative Contract (Details) (USD $) In Thousands, unless otherwise specified | Sep. 30, 2014 contract | Dec. 31, 2013
--- | --- | ---
Corporate collateralized debt obligations (CDO's)[Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 14 |  |
Derivative, Notional Amount | $ 6,060,500 |  |
Derivative assets (liabilities), at fair value, net | (423) |  |
Non Corporate CDOs and other derivative transactions[Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 32 |  |
Derivative, Notional Amount | 2,754,531 |  |
Derivative assets (liabilities), at fair value, net | (122,591) |  |
Trust Preferred Securities (TruPs) [Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 9 |  |
Derivative, Notional Amount | 816,257 |  |
Derivative assets (liabilities), at fair value, net | (18,378) |  |
CDOs of commercial mortgage backed securities (CMBS)[Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 1 |  |
Derivative, Notional Amount | 430,000 |  |
Derivative assets (liabilities), at fair value, net | (39,341) |  |
Structured finance [Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 3 |  |
Derivative, Notional Amount | 436,865 |  |
Derivative assets (liabilities), at fair value, net | (39,728) |  |
Public finance [Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 19 |  |
Derivative, Notional Amount | 1,071,409 |  |
Derivative assets (liabilities), at fair value, net | (25,144) |  |
Total Assumed [Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 25 |  |
Derivative, Notional Amount | 223,127 |  |
Derivative assets (liabilities), at fair value, net | (9,489) |  |
Assumed structured finance [Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 21 |  |
Derivative, Notional Amount | 128,112 |  |
Derivative assets (liabilities), at fair value, net | (9,185) |  |
Assumed public finance [Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 4 |  |
Derivative, Notional Amount | 95,015 |  |
Derivative assets (liabilities), at fair value, net | (304) |  |
Financial Guaranty VIE derivative liabilities [Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 1 | [1] |
Derivative, Notional Amount | 79,473 | [1] |
Derivative assets (liabilities), at fair value, net | (46,653) | [1] |
Other Credit Derivatives [Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 3 | [2] |
Derivative, Notional Amount | 0 | [2] |
Derivative assets (liabilities), at fair value, net | 18,111 | [2] |
Radian Group Consolidated [Member] |  |  |
Derivative [Line Items] |  |  |
Number of Credit Risk Derivatives Held | 75 |  |
Derivative, Notional Amount | 9,117,631 |  | 12,300,000
Derivative assets (liabilities), at fair value, net | $ (161,045) |  | $ (290,543)
[1] | Represents the fair value of a CDS included in a VIE that we have consolidated.
[2] | Represents derivative assets related to other purchased derivatives for which we do not have loss exposure that exceeds our net asset amount.

X
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
Name: | invest_DerivativeNotionalAmount
Namespace Prefix: | invest_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fair values as of the balance sheet date of the net amount of all assets and liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958 + Details
Name: | us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of credit risk derivative instruments held. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5579245-113959 + Details
Name: | us-gaap_NumberOfCreditRiskDerivativesHeld
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant