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Note 11 - Accumulated Other Comprehensive Income | 9 Months Ended
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Sep. 30, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Income | Accumulated Other Comprehensive (Loss) Income The following table shows the rollforward of AOCI as of the periods indicated. During the nine months ended September 30, 2015, we sold equity securities in our portfolio and reinvested the proceeds in assets that qualify as PMIERs-compliant Available Assets, recognizing pretax gains of $68.7 million.
| Three Months Ended September 30, 2015 |  | Nine Months Ended September 30, 2015 |
(In thousands) | Before Tax |  | Tax Effect |  | Net of Tax |  | Before Tax |  | Tax Effect |  | Net of Tax |
Balance at beginning of period | $ | (17,744 | ) |  | $ | (6,210 | ) |  | $ | (11,534 | ) |  | $ | 79,208 |  |  | $ | 27,723 |  |  | $ | 51,485 |  |
OCI: |  |  |  |  |  |  |  |  |  |  |  |
Net foreign currency translation adjustments | (184 | ) |  | (64 | ) |  | (120 | ) |  | (135 | ) |  | (47 | ) |  | (88 | ) |
Unrealized gains (losses) on investments: |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized holding gains (losses) arising during the period | 6,172 |  |  | 2,160 |  |  | 4,012 |  |  | (17,160 | ) |  | (6,006 | ) |  | (11,154 | ) |
Less: Reclassification adjustment for net (losses) gains included in net income (1) | (343 | ) |  | (120 | ) |  | (223 | ) |  | 68,320 |  |  | 23,912 |  |  | 44,408 |  |
Net unrealized gains (losses) on investments | 6,515 |  |  | 2,280 |  |  | 4,235 |  |  | (85,480 | ) |  | (29,918 | ) |  | (55,562 | ) |
Activity related to investments recorded as assets held for sale | — |  |  | — |  |  | — |  |  | (5,006 | ) |  | (1,752 | ) |  | (3,254 | ) | (2)
OCI | 6,331 |  |  | 2,216 |  |  | 4,115 |  |  | (90,621 | ) |  | (31,717 | ) |  | (58,904 | ) |
Balance at end of period | $ | (11,413 | ) |  | $ | (3,994 | ) |  | $ | (7,419 | ) |  | $ | (11,413 | ) |  | $ | (3,994 | ) |  | $ | (7,419 | ) |
| Three Months Ended September 30, 2014 |  | Nine Months Ended September 30, 2014 |
(In thousands) | Before Tax |  | Tax Effect |  | Net of Tax |  | Before Tax |  | Tax Effect |  | Net of Tax |
Balance at beginning of period | $ | 70,857 |  |  | $ | 19,840 |  |  | $ | 51,017 |  |  | $ | 57,345 |  |  | $ | 19,962 |  |  | $ | 37,383 |  |
OCI: |  |  |  |  |  |  |  |  |  |  |  |
Net foreign currency translation adjustments | (186 | ) |  | — |  |  | (186 | ) |  | (186 | ) |  | — |  |  | (186 | ) |
Unrealized (losses) gains on investments: |  |  |  |  |  |  |  |  |  |  |  |
Unrealized holding (losses) gains arising during the period | (841 | ) |  | (43 | ) |  | (798 | ) |  | 10,251 |  |  | (253 | ) |  | 10,504 |  |
Less: Reclassification adjustment for net losses included in net income (1) | (540 | ) |  | (122 | ) |  | (418 | ) |  | (1,139 | ) |  | (332 | ) |  | (807 | ) |
Net unrealized (losses) gains on investments | (301 | ) |  | 79 |  |  | (380 | ) |  | 11,390 |  |  | 79 |  |  | 11,311 |  |
Activity related to investments recorded as assets held for sale (3) | (1,439 | ) |  | (2 | ) |  | (1,437 | ) |  | 382 |  |  | (124 | ) |  | 506 |  |
OCI | (1,926 | ) |  | 77 |  |  | (2,003 | ) |  | 11,586 |  |  | (45 | ) |  | 11,631 |  |
Balance at end of period | $ | 68,931 |  |  | $ | 19,917 |  |  | $ | 49,014 |  |  | $ | 68,931 |  |  | $ | 19,917 |  |  | $ | 49,014 |  |
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(1) | Included in net gains on investments and other financial instruments on our condensed consolidated statements of operations.
(2) | For the nine months ended September 30, 2015, this amount represents the recognition of investment gains included in income from discontinued operations, net of tax, as a result of the completion of the sale of Radian Asset Assurance on April 1, 2015. Previously, pursuant to accounting standards, such investment gains had been deferred and recorded in AOCI.
(3) | Represents the unrealized holding gains (losses) arising during the period on investments recorded as assets held for sale, net of reclassification adjustments for net gains (losses) included in net income from discontinued operations.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e640-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e716-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e709-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
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