Loans	12 Months Ended
Dec. 31, 2013
Receivables [Abstract]
Loans	13. LOANS Loans had been extended: (i) by VIEs which are consolidated by Ambac under ASC Topic 810 as a result of Ambac’s financial guarantees of the VIEs’ note liabilities and/or assets, and (ii) to certain institutions in connection with various transactions. Loans by consolidated VIEs are generally carried at fair value on the Consolidated Balance Sheets. See Note 4 for further information about VIEs for which the assets and liabilities are carried at fair value. VIE loans that had not been carried at fair value have been adjusted to fair value for fresh start reporting. Subsequent to the Fresh Start Reporting Date, we have elected to continue accounting for these VIEs at fair value under the fair value option in accordance with the Financial Instruments Topic of the ASC. VIE loans carried at cost had a principal balance of $209,807 at December 31, 2012. Interest rates on these loans ranged from 5.33% to 5.42% and had a stated maturity of 2047 at December 31, 2012. Collectability of these loans is evaluated individually on an ongoing basis in connection with the surveillance of the related financial guarantee transactions. No loan has been considered impaired and as such no loan impairments have been recorded as of December 31, 2013 or 2012. Other loans had a combined outstanding principal balance of $6,238 and $9,203 at December 31, 2013 and 2012, respectively. Interest rates on these loans were 4.62% at December 31, 2013 and ranged from 4.67% to 7.00% at December 31, 2012. The maturity dates of these loans were June 2026 as of December 31, 2013 and ranged from December 2013 to June 2026 as of December 31, 2012. Collectability of these loans is evaluated individually on an ongoing basis; no loan has been considered impaired and as such no loan impairments have been recorded as of December 31, 2013 or 2012.

Loans

12 Months Ended

Dec. 31, 2013

13. LOANS

Loans had been extended: (i) by VIEs which are consolidated by Ambac under ASC Topic 810 as a result of Ambac’s financial guarantees of the VIEs’ note liabilities and/or assets, and (ii) to certain institutions in connection with various transactions.

Loans by consolidated VIEs are generally carried at fair value on the Consolidated Balance Sheets. See Note 4 for further information about VIEs for which the assets and liabilities are carried at fair value. VIE loans that had not been carried at fair value have been adjusted to fair value for fresh start reporting. Subsequent to the Fresh Start Reporting Date, we have elected to continue accounting for these VIEs at fair value under the fair value option in accordance with the Financial Instruments Topic of the ASC. VIE loans carried at cost had a principal balance of $209,807 at December 31, 2012. Interest rates on these loans ranged from 5.33% to 5.42% and had a stated maturity of 2047 at December 31, 2012. Collectability of these loans is evaluated individually on an ongoing basis in connection with the surveillance of the related financial guarantee transactions. No loan has been considered impaired and as such no loan impairments have been recorded as of December 31, 2013 or 2012.

Other loans had a combined outstanding principal balance of $6,238 and $9,203 at December 31, 2013 and 2012, respectively. Interest rates on these loans were 4.62% at December 31, 2013 and ranged from 4.67% to 7.00% at December 31, 2012. The maturity dates of these loans were June 2026 as of December 31, 2013 and ranged from December 2013 to June 2026 as of December 31, 2012. Collectability of these loans is evaluated individually on an ongoing basis; no loan has been considered impaired and as such no loan impairments have been recorded as of December 31, 2013 or 2012.