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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 5 Months Ended 4 Months Ended 9 Months Ended
Sep. 30, 2013
Successor Ambac [Member]
Apr. 30, 2013
Predecessor Ambac [Member]
Sep. 30, 2012
Predecessor Ambac [Member]
Cash flows from operating activities:      
Net income (loss) attributable to common shareholders $ 436,656 $ 3,349,049 $ (400,254)
Noncontrolling interest in subsidiaries' earnings (367) (1,771) (2,401)
Net income (loss) 436,289 3,347,278 (402,655)
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization 1,243 974 2,294
Amortization of bond premium and discount (15,056) (60,146) (163,860)
Reorganization items 428 (2,745,180) 4,480
Deferred income taxes 31 (6)  
Current income taxes 821 (101,188) 1,670
Deferred acquisition costs   14,207 17,692
Unearned premiums, net (164,551) (172,549) (440,852)
Losses and loss expenses, net (158,706) (43,284) 123,343
Ceded premiums payable (6,440) (2,059) (21,466)
Investment income due and accrued 3,846 1,781 8,146
Premium receivables 95,621 88,990 272,649
Accrued interest payable 37,454 23,953 70,549
Amortization of intangible assets 62,425    
Net mark-to-market (gains) losses (74,760) 63,828 (3,532)
Net realized investment gains (8,162) (53,305) (70,621)
Losses on extinguishment of debt     177,745
Other-than-temporary impairment charges 40,039 467 5,753
Variable interest entity activities (59,707) (426,566) (26,893)
Other, net (106,559) 58,455 47,329
Net cash provided by (used in) operating activities 84,256 (4,350) (398,229)
Cash flows from investing activities:      
Proceeds from sales of bonds 622,608 311,837 431,155
Proceeds from matured bonds 461,436 310,218 926,161
Purchases of bonds (1,400,547) (286,633) (601,228)
Proceeds from sales of other invested assets 59,449    
Purchases of other invested assets (127,237) (164,368)  
Change in short-term investments 177,385 (64,956) 69,604
Loans, net 1,134 1,920 8,616
Change in swap collateral receivable 10,889 (8,863) 37,417
Other, net (1,667) 19,828 (62,729)
Net cash (used in) provided by investing activities (196,550) 118,983 808,996
Cash flows from financing activities:      
Paydowns of variable interest entity secured borrowing (7,566) (5,519) (15,132)
Proceeds from warrant exercise 16    
Payments for investment and repurchase agreement draws (4,556)   (133,123)
Payments for extinguishment of long-term debt     (188,446)
Net cash used in financing activities (12,106) (5,519) (336,701)
Net cash flow (124,400) 109,114 74,066
Cash at beginning on period 152,951 43,837 15,999
Cash at ending of period 28,551 152,951 90,065
Supplemental disclosure of cash flow information:      
Income taxes 336 102,129 367
Interest on variable interest entity secured borrowing 163 276 1,261
Interest on investment agreements 1,933 1,726 6,362
Cash payments related to reorganization items:      
Professional fees paid for services rendered in connection with the Chapter 11 proceeding $ 15,478 $ 3,860 $ 7,662