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Consolidated Balance Sheets - Successor [Member] - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets:    
Fixed income securities, available for sale, at fair value (amortized cost: $5,806,949 and $4,992,756) $ 5,990,397 $ 5,043,776
Fixed income securities pledged as collateral, available for sale, at fair value (amortized cost: $64,777 and $64,612) 64,972 64,555
Short-term investments, available for sale, at fair value (amortized cost: $130,732 and $225,789) 130,732 225,789
Other investments (includes $391,075 and $285,261 at fair value) 419,885 310,600
Total investments 6,605,986 5,644,720
Cash and cash equivalents 21,218 35,744
Receivable for securities 98,406 44,030
Investment income due and accrued 25,456 25,264
Premium receivables 706,228 831,575
Reinsurance recoverable on paid and unpaid losses 24,441 43,999
Deferred ceded premium 74,630 96,758
Subrogation recoverable 703,621 1,229,293
Loans 4,513 5,206
Derivative assets 103,373 84,995
Insurance intangible asset 1,022,865 1,212,112
Other assets 239,663 185,877
Total assets 24,015,629 23,728,070
Liabilities:    
Unearned premiums 1,048,754 1,280,282
Loss and loss expense reserves 4,207,535 4,088,106
Ceded premiums payable 43,511 53,494
Obligations under investment agreements 82,358 100,358
Deferred taxes 1,736 2,205
Current taxes 16,750 5,835
Long-term debt 1,109,814 1,124,950
Accrued interest payable 400,737 355,536
Derivative liabilities 435,410 353,358
Other liabilities 52,177 61,134
Payable for securities purchased 201,980 84,690
Total liabilities 21,839,255 21,769,724
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: 45,121,788 and 45,044,222 451 450
Additional paid-in capital 194,383 190,813
Accumulated other comprehensive income 61,917 15,215
Retained earnings 1,652,846 1,478,439
Treasury stock, shares at cost: 0 and 8,202 0 (118)
Total Ambac Financial Group, Inc. stockholders’ equity 1,909,597 1,684,799
Noncontrolling interest 266,777 273,547
Total stockholders’ equity 2,176,374 1,958,346
Total liabilities and stockholders’ equity 24,015,629 23,728,070
Deferred Income Tax Liabilities, Net 1,736 2,205
Variable Interest Entity [Member]    
Assets:    
Fixed income securities, available for sale, at fair value (amortized cost: $5,806,949 and $4,992,756) 2,828,685 2,588,556
Restricted cash 5,477 5,822
Loans 11,476,766 11,690,324
Derivative assets 68,676 0
Other assets 5,625 3,795
Liabilities:    
Long-term debt 11,930,434 12,327,960
Accrued interest payable 3,121 3,230
Derivative liabilities 2,304,789 1,928,403
Other liabilities $ 149 $ 183