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Fair Value Measurements - Summary of Carrying Amount and Fair Value of Ambac's Financial Assets and Liabilities (Detail) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Financial assets:    
Short term investments $ 767,932 $ 661,658
Other investments 113,812 100
Other assets 14,230 14,557
Financial liabilities:    
Obligations under investment and repurchase agreements 357,371 356,091
Liabilities subject to compromise 1,704,641 1,704,904
Long term debt, including accrued interest 153,873 150,170
Derivative liabilities 203,307 213,585
Total Fair Value [Member]
   
Financial assets:    
Cash 53,135 43,837
Loans 7,119 7,387
Other assets 14,230 14,557
Total financial assets 23,435,256 24,345,454
Financial liabilities:    
Obligations under investment and repurchase agreements 362,208 361,905
Liabilities subject to compromise 909,138 434,823
Long-term debt   801,277
Long term debt, including accrued interest 1,110,259  
Liabilities for net financial guarantees written 4,576,031 3,091,257
Total financial liabilities 23,988,213 22,856,591
Carrying Amount [Member]
   
Financial assets:    
Cash 53,135 43,837
Loans 8,691 9,203
Other assets 14,230 14,557
Total financial assets 23,445,834 24,355,930
Financial liabilities:    
Obligations under investment and repurchase agreements 363,297 362,017
Liabilities subject to compromise 1,690,312  
Liabilities subject to compromise   1,690,312
Long term debt, including accrued interest 399,505 377,524
Liabilities for net financial guarantees written 6,921,299 7,074,808
Total financial liabilities 26,427,157 27,693,765
Variable interest entity [Member]
   
Financial assets:    
Fixed income securities 2,414,607 2,261,294
Loans 14,116,811 15,359,073
Financial liabilities:    
Long-term debt 13,996,531 15,200,538
Long term debt, including accrued interest 14,229,373 15,436,008
Variable interest entity [Member] | Total Fair Value [Member]
   
Financial assets:    
Restricted cash 2,258 2,290
Loans 14,318,834 15,560,051
Financial liabilities:    
Long-term debt 14,207,206 15,414,233
Variable interest entity [Member] | Carrying Amount [Member]
   
Financial assets:    
Restricted cash 2,258 2,290
Loans 14,327,840 15,568,711
Financial liabilities:    
Long-term debt 14,229,373 15,436,008
Futures contracts [Member] | Total Fair Value [Member]
   
Financial assets:    
Derivative assets    1,253
Financial liabilities:    
Derivative liabilities 911   
Futures contracts [Member] | Carrying Amount [Member]
   
Financial assets:    
Derivative assets    1,253
Financial liabilities:    
Derivative liabilities 911   
Credit derivatives [Member] | Total Fair Value [Member]
   
Financial liabilities:    
Derivative liabilities 203,307 213,585
Credit derivatives [Member] | Carrying Amount [Member]
   
Financial liabilities:    
Derivative liabilities 203,307 213,585
Other contracts [Member] | Total Fair Value [Member]
   
Financial liabilities:    
Derivative liabilities 215 220
Other contracts [Member] | Carrying Amount [Member]
   
Financial liabilities:    
Derivative liabilities 215 220
Other assets [Member] | Interest rate swaps [Member] | Total Fair Value [Member]
   
Financial assets:    
Derivative assets 112,811 124,853
Financial liabilities:    
Derivative liabilities (65,636) (73,264)
Other assets [Member] | Interest rate swaps [Member] | Carrying Amount [Member]
   
Financial assets:    
Derivative assets 112,811 124,853
Financial liabilities:    
Derivative liabilities (65,636) (73,264)
Interest rate swaps - liability position [Member] | Interest rate swaps [Member] | Total Fair Value [Member]
   
Financial assets:    
Derivative assets      
Financial liabilities:    
Derivative liabilities 366,949 390,774
Interest rate swaps - liability position [Member] | Interest rate swaps [Member] | Carrying Amount [Member]
   
Financial assets:    
Derivative assets      
Financial liabilities:    
Derivative liabilities 366,949 390,774
Interest rate swaps - liability position [Member] | Interest rate swaps [Member] | Variable interest entity [Member] | Total Fair Value [Member]
   
Financial liabilities:    
Derivative liabilities 2,231,863 2,131,315
Interest rate swaps - liability position [Member] | Interest rate swaps [Member] | Variable interest entity [Member] | Carrying Amount [Member]
   
Financial liabilities:    
Derivative liabilities 2,231,863 2,131,315
Interest rate swaps - liability position [Member] | Currency swaps [Member] | Variable interest entity [Member] | Total Fair Value [Member]
   
Financial liabilities:    
Derivative liabilities 85,762 90,466
Interest rate swaps - liability position [Member] | Currency swaps [Member] | Variable interest entity [Member] | Carrying Amount [Member]
   
Financial liabilities:    
Derivative liabilities 85,762 90,466
Municipal obligations [Member] | Total Fair Value [Member]
   
Financial assets:    
Fixed income securities 1,794,355 1,848,932
Municipal obligations [Member] | Carrying Amount [Member]
   
Financial assets:    
Fixed income securities 1,794,355 1,848,932
Corporate obligations [Member] | Total Fair Value [Member]
   
Financial assets:    
Fixed income securities 1,069,073 1,077,972
Corporate obligations [Member] | Carrying Amount [Member]
   
Financial assets:    
Fixed income securities 1,069,073 1,077,972
Corporate obligations [Member] | Variable interest entity [Member] | Total Fair Value [Member]
   
Financial assets:    
Fixed income securities 2,414,607 2,261,294
Corporate obligations [Member] | Variable interest entity [Member] | Carrying Amount [Member]
   
Financial assets:    
Fixed income securities 2,414,607 2,261,294
Foreign obligations [Member] | Total Fair Value [Member]
   
Financial assets:    
Fixed income securities 11,878 70,112
Foreign obligations [Member] | Carrying Amount [Member]
   
Financial assets:    
Fixed income securities 11,878 70,112
U.S. government obligations [Member] | Total Fair Value [Member]
   
Financial assets:    
Fixed income securities 98,312 127,283
Fixed income securities, pledged as collateral 228,228 265,779
U.S. government obligations [Member] | Carrying Amount [Member]
   
Financial assets:    
Fixed income securities 98,312 127,283
Fixed income securities, pledged as collateral 228,228 265,779
U.S. agency obligations [Member] | Total Fair Value [Member]
   
Financial assets:    
Fixed income securities 53,975 82,535
U.S. agency obligations [Member] | Carrying Amount [Member]
   
Financial assets:    
Fixed income securities 53,975 82,535
Residential mortgage-backed securities [Member] | Total Fair Value [Member]
   
Financial assets:    
Fixed income securities 1,536,889 1,455,582
Residential mortgage-backed securities [Member] | Carrying Amount [Member]
   
Financial assets:    
Fixed income securities 1,536,889 1,455,582
Collateralized debt obligations [Member] | Total Fair Value [Member]
   
Financial assets:    
Fixed income securities 27,357 33,342
Collateralized debt obligations [Member] | Carrying Amount [Member]
   
Financial assets:    
Fixed income securities 27,357 33,342
Other commercial asset-backed [Member] | Total Fair Value [Member]
   
Financial assets:    
Fixed income securities 810,451 706,637
Other commercial asset-backed [Member] | Carrying Amount [Member]
   
Financial assets:    
Fixed income securities 810,451 706,637
Short-term [Member] | Total Fair Value [Member]
   
Financial assets:    
Short term investments 767,932 661,658
Short-term [Member] | Carrying Amount [Member]
   
Financial assets:    
Short term investments 767,932 661,658
Other [Member] | Total Fair Value [Member]
   
Financial assets:    
Other investments 113,812 100
Other [Member] | Carrying Amount [Member]
   
Financial assets:    
Other investments 113,812 100
Level 1 [Member]
   
Financial assets:    
Cash 53,135 43,837
Total financial assets 1,147,312 1,098,328
Financial liabilities:    
Total financial liabilities 911  
Level 1 [Member] | Variable interest entity [Member]
   
Financial assets:    
Restricted cash 2,258 2,290
Level 1 [Member] | Futures contracts [Member]
   
Financial assets:    
Derivative assets    1,253
Financial liabilities:    
Derivative liabilities 911   
Level 1 [Member] | Interest rate swaps - liability position [Member] | Interest rate swaps [Member]
   
Financial assets:    
Derivative assets      
Level 1 [Member] | U.S. government obligations [Member]
   
Financial assets:    
Fixed income securities 98,312 127,283
Fixed income securities, pledged as collateral 228,228 265,779
Level 1 [Member] | Short-term [Member]
   
Financial assets:    
Short term investments 765,379 657,886
Level 2 [Member]
   
Financial assets:    
Total financial assets 5,677,286 5,544,313
Financial liabilities:    
Liabilities subject to compromise 909,138 434,823
Total financial liabilities 15,699,526 15,323,314
Level 2 [Member] | Variable interest entity [Member]
   
Financial assets:    
Loans 202,023 200,978
Financial liabilities:    
Long-term debt 12,296,617 12,457,732
Level 2 [Member] | Futures contracts [Member]
   
Financial assets:    
Derivative assets     
Financial liabilities:    
Derivative liabilities     
Level 2 [Member] | Other contracts [Member]
   
Financial liabilities:    
Derivative liabilities 215 220
Level 2 [Member] | Other assets [Member] | Interest rate swaps [Member]
   
Financial assets:    
Derivative assets 112,811 124,853
Financial liabilities:    
Derivative liabilities (65,636) (73,264)
Level 2 [Member] | Interest rate swaps - liability position [Member] | Interest rate swaps [Member]
   
Financial assets:    
Derivative assets      
Financial liabilities:    
Derivative liabilities 241,567 282,022
Level 2 [Member] | Interest rate swaps - liability position [Member] | Interest rate swaps [Member] | Variable interest entity [Member]
   
Financial liabilities:    
Derivative liabilities 2,231,863 2,131,315
Level 2 [Member] | Interest rate swaps - liability position [Member] | Currency swaps [Member] | Variable interest entity [Member]
   
Financial liabilities:    
Derivative liabilities 85,762 90,466
Level 2 [Member] | Municipal obligations [Member]
   
Financial assets:    
Fixed income securities 1,794,355 1,848,932
Level 2 [Member] | Corporate obligations [Member]
   
Financial assets:    
Fixed income securities 1,065,421 1,074,316
Level 2 [Member] | Foreign obligations [Member]
   
Financial assets:    
Fixed income securities 11,878 70,112
Level 2 [Member] | U.S. agency obligations [Member]
   
Financial assets:    
Fixed income securities 53,975 82,535
Level 2 [Member] | Residential mortgage-backed securities [Member]
   
Financial assets:    
Fixed income securities 1,536,889 1,455,582
Level 2 [Member] | Collateralized debt obligations [Member]
   
Financial assets:    
Fixed income securities 23,452 26,860
Level 2 [Member] | Other commercial asset-backed [Member]
   
Financial assets:    
Fixed income securities 760,217 656,373
Level 2 [Member] | Short-term [Member]
   
Financial assets:    
Short term investments 2,553 3,772
Level 2 [Member] | Other [Member]
   
Financial assets:    
Other investments 113,712  
Level 3 [Member]
   
Financial assets:    
Loans 7,119 7,387
Other assets 14,230 14,557
Total financial assets 16,610,658 17,702,813
Financial liabilities:    
Obligations under investment and repurchase agreements 362,208 361,905
Long-term debt   801,277
Long term debt, including accrued interest 1,110,259  
Liabilities for net financial guarantees written 4,576,031 3,091,257
Total financial liabilities 8,287,776 7,533,277
Level 3 [Member] | Variable interest entity [Member]
   
Financial assets:    
Loans 14,116,811 15,359,073
Financial liabilities:    
Long-term debt 1,910,589 2,956,501
Level 3 [Member] | Futures contracts [Member]
   
Financial assets:    
Derivative assets     
Financial liabilities:    
Derivative liabilities     
Level 3 [Member] | Credit derivatives [Member]
   
Financial liabilities:    
Derivative liabilities 203,307 213,585
Level 3 [Member] | Interest rate swaps - liability position [Member] | Interest rate swaps [Member]
   
Financial assets:    
Derivative assets      
Financial liabilities:    
Derivative liabilities 125,382 108,752
Level 3 [Member] | Corporate obligations [Member]
   
Financial assets:    
Fixed income securities 3,652 3,656
Level 3 [Member] | Corporate obligations [Member] | Variable interest entity [Member]
   
Financial assets:    
Fixed income securities 2,414,607 2,261,294
Level 3 [Member] | Collateralized debt obligations [Member]
   
Financial assets:    
Fixed income securities 3,905 6,482
Level 3 [Member] | Other commercial asset-backed [Member]
   
Financial assets:    
Fixed income securities 50,234 50,264
Level 3 [Member] | Other [Member]
   
Financial assets:    
Other investments $ 100 $ 100