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Consolidated Statements Of Operations (Debtor-In-Possession) (USD $)
In Thousands, except Share data
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Other-than-temporary impairment losses:        
Total revenues $ 148,195 $ 381,170 $ 351,478 $ (117,969)
Expenses:        
Total expenses before reorganization items 243,601 438,866 1,238,975 629,682
Pre-tax loss from continuing operations before reorganzation items (95,406) (57,696) (887,497) (747,651)
Reorganization items, net 6,470   31,275  
Pre-tax loss from continuing operations (101,876) (57,696) (918,772) (747,651)
Provision (benefit) for income taxes 542 (122) 2,892 (15)
Net loss (102,418) (57,574) (921,664) (747,636)
Less: net income(loss) attributable to the noncontrolling interest 14 (15) 47 (26)
Net loss attributable to Ambac Financial Group, Inc. (102,432) (57,559) (921,711) (747,610)
Net loss per share attributable to Ambac Financial Group, Inc. common shareholders $ (0.34) $ (0.20) $ (3.05) $ (2.59)
Net loss per diluted share attributable to Ambac Financial Group, Inc. common shareholders $ (0.34) $ (0.20) $ (3.05) $ (2.59)
Weighted-average number of common shares outstanding:        
Basic 302,467,255 290,050,931 302,410,881 289,147,236
Diluted 302,467,255 290,050,931 302,410,881 289,147,236
Financial Guarantee [Member]
        
Revenues:        
Net premiums earned 99,271 167,005 191,070 292,236
Net investment income 87,964 69,028 159,629 186,598
Other-than-temporary impairment losses:        
Total other-than-temporary impairment losses (17,793) (7,777) (19,506) (41,245)
Portion of loss recognized in other comprehensive income 215 290 215 2,409
Net other-than-temporary impairment losses recognized in earnings (17,578) (7,487) (19,291) (38,836)
Net realized investment (losses) gains (2,435) 18,281 (2,450) 73,420
Change in fair value of credit derivatives:        
Realized gains(losses) and other settlements 4,224 (2,777,295) 9,547 (2,767,371)
Unrealized gains 20,063 2,979,476 5,837 2,802,413
Net change in fair value of credit derivatives 24,287 202,181 15,384 35,042
Other income (loss) 9,227 (30,243) 37,530 (86,146)
Income (loss) on variable interest entities 2,353 (38,546) (3,772) (531,250)
Expenses:        
Losses and loss expenses 196,398 323,326 1,116,045 412,478
Underwriting and operating expenses 11,836 58,931 54,212 109,427
Interest 29,646 6,886 57,715 6,886
Financial Services [Member]
        
Change in fair value of credit derivatives:        
Investment income 7,600 8,861 12,326 18,129
Derivative products (65,592) (70,957) (44,588) (129,184)
Other-than-temporary impairment losses:        
Total other-than-temporary impairment losses   (3,079)   (3,079)
Portion of loss recognized in other comprehensive income        
Net other-than-temporary impairment losses recognized in earnings   (3,079)   (3,079)
Net realized investment gains 3,026 65,832 5,491 67,242
Net mark-to-market losses on non-trading derivative contracts   (11,556)   (14,295)
Expenses:        
Interest from investment and payment agreements 2,024 4,357 4,215 9,791
Other expenses 2,707 3,124 5,321 6,751
Corporate and Other [Member]
        
Change in fair value of credit derivatives:        
Other income (loss) 72 1,157 149 1,461
Other-than-temporary impairment losses:        
Net realized gains   10,693   10,693
Expenses:        
Other expenses 990 12,645 1,467 24,593
Interest   $ 29,597   $ 59,756