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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 8 Months Ended 4 Months Ended 12 Months Ended
Dec. 31, 2013
Successor Ambac [Member]
Apr. 30, 2013
Predecessor Ambac [Member]
Dec. 31, 2012
Predecessor Ambac [Member]
Cash flows from operating activities:      
Net income (loss) attributable to common shareholders $ 505,219 $ 3,349,049 $ (256,678)
Noncontrolling interest in subsidiaries' earnings (417) (1,771) (2,676)
Net income (loss) 504,802 3,347,278 (259,354)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation and amortization 1,980 974 3,066
Amortization of bond premium and discount (34,698) (60,146) (189,402)
Reorganization items 493 (2,745,180) 7,215
Share-based compensation 1,106    
Deferred income taxes 619 (6) 1,586
Current income taxes 5,148 (101,188) 1,069
Deferred acquisition costs   14,207 24,350
Unearned premiums, net (205,951) (172,549) (635,346)
Losses and loss expenses, net (86,838) (43,284) (261,304)
Ceded premiums payable (7,044) (2,059) (21,028)
Investment income due and accrued 298 1,781 5,586
Premium receivables 78,610 88,990 407,858
Accrued interest payable 58,046 23,953 89,276
Amortization of intangible assets 99,658    
Net mark-to-market (gains) losses (183,091) 63,828 22,932
Net realized investment gains (4,467) (53,305) (72,101)
Losses on extinguishment of debt     177,580
Other-than-temporary impairment charges 46,764 467 5,990
Variable interest entity activities 48,623 (426,566) (27,777)
Other, net (137,150) 58,455 105,906
Net cash provided by (used in) operating activities 186,908 (4,350) (613,898)
Cash flows from investing activities:      
Proceeds from sales of bonds 942,943 311,837 592,672
Proceeds from matured bonds 613,345 310,218 1,109,468
Purchases of bonds (2,213,116) (286,633) (798,740)
Proceeds from sales of other invested assets 90,067    
Purchases of other invested assets (136,986) (164,368)  
Change in short-term investments 455,495 (64,956) 121,413
Loans, net 1,103 1,920 9,793
Change in swap collateral receivable 7,849 (8,863) 43,635
Other, net (8,210) 19,828 (40,261)
Net cash (used in) provided by investing activities (247,510) 118,983 1,037,980
Cash flows from financing activities:      
Paydowns of variable interest entity secured borrowing (9,069) (5,519) (21,012)
Proceeds from warrant exercise 16    
Payments for investment and repurchase agreement draws (5,926)   (186,786)
Payments for extinguishment of long-term debt     (188,446)
Net cash used in financing activities (14,979) (5,519) (396,244)
Net cash flow (75,581) 109,114 27,838
Cash at beginning of period 152,951 43,837 15,999
Cash at end of period 77,370 152,951 43,837
Supplemental disclosure of cash flow information:      
Income taxes 1,656 102,129 1,493
Interest on variable interest entity secured borrowing 170 276 1,572
Interest on investment agreements 2,125 1,726 7,264
Cash payments related to reorganization items:      
Professional fees paid for services rendered in connection with the Chapter 11 proceeding $ 15,546 $ 3,860 $ 9,141