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Consolidated Balance Sheets - Successor [Member] - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets:    
Fixed income securities, at fair value (amortized cost: 2015—$4,869,500 and 2014—$4,514,878) $ 4,956,876 $ 4,725,686
Fixed income securities pledged as collateral, at fair value (amortized cost: 2015—$64,556 and 2014—$64,378) 64,972 64,267
Short-term investments, at fair value (amortized cost: 2015—$364,784 and 2014—$360,069) 364,780 360,065
Other investments (includes 2015—$290,723 and 2014—$336,013 at fair value) 314,934 357,016
Total investments 5,701,562 5,507,034
Cash and cash equivalents 27,099 73,903
Receivable for securities 9,749 23,660
Investment income due and accrued 25,113 25,015
Premium receivables 895,446 1,000,607
Reinsurance recoverable on paid and unpaid losses 68,319 99,838
Deferred ceded premium 105,673 123,276
Subrogation recoverable 982,202 953,274
Loans 5,499 5,714
Derivative assets 91,088 109,017
Income Taxes Receivable, Current 985 0
Insurance intangible asset 1,279,448 1,410,920
Goodwill 0 514,511
Other assets 199,294 186,985
Total assets 24,266,919 25,159,864
Liabilities:    
Unearned premiums 1,428,230 1,673,785
Loss and loss expense reserves 4,237,515 4,752,007
Ceded premiums payable 57,651 60,436
Obligations under investment agreements 100,358 160,079
Deferred taxes 1,957 2,079
Current taxes 0 5,701
Long-term debt 1,123,003 971,116
Accrued interest payable 334,999 304,139
Derivative liabilities 375,835 406,944
Other liabilities 59,809 63,396
Payable for securities purchased 87,697 762
Total liabilities 22,637,882 23,486,129
Stockholders’ equity:    
Preferred stock, par value $0.01 per share; 20,000,000 shares authorized; issued and outstanding shares—none 0 0
Common stock, par value $0.01 per share; 130,000,000 shares authorized; issued and outstanding shares: 45,036,587 and 45,005,932 450 450
Additional paid-in capital 189,981 189,138
Accumulated other comprehensive income 72,887 220,283
Accumulated earnings 1,091,946 989,290
Treasury stock, shares at cost: 16,066 and 2,459 (256) (56)
Total Ambac Financial Group, Inc. stockholders’ equity 1,355,008 1,399,105
Noncontrolling interest 274,029 274,630
Total stockholders’ equity 1,629,037 1,673,735
Total liabilities and stockholders’ equity 24,266,919 25,159,864
Variable Interest Entity [Member]    
Assets:    
Fixed income securities, at fair value (amortized cost: 2015—$4,869,500 and 2014—$4,514,878) 2,679,895 2,743,050
Restricted Cash and Cash Equivalents 5,895 7,708
Investment income due and accrued 3,940 1,284
Loans Receivable, Net 12,183,061 12,371,177
Other assets 2,651 2,891
Liabilities:    
Long-term debt 12,791,012 12,882,076
Accrued interest payable 5,855 3,268
Derivative liabilities 2,033,795 2,200,163
Other liabilities $ 166 $ 178