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Consolidated Statements of Total Comprehensive Income - Successor [Member] - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Net premiums earned $ 53,218 $ 71,535 $ 147,420 $ 198,132
Net investment income:        
Securities available-for-sale and short-term 79,530 65,619 201,880 191,229
Other investments 11,387 (1,424) 20,616 10,702
Total net investment income 90,917 64,195 222,496 201,931
Other-than-temporary impairment losses:        
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities 15,906 31,743 82,856 43,495
Portion of other-than-temporary impairment recognized in other comprehensive income 13,053 22,593 63,228 30,206
Net other-than-temporary impairments (2,853) (9,150) (19,628) (13,289)
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments 11,749 2,106 27,748 50,854
Change in fair value of credit derivatives:        
Gain (Loss) on Sale of Derivatives 226 1,693 711 2,519
Unrealized gains (losses) 1,507 35,259 17,843 42,227
Net change in fair value of credit derivatives 1,733 36,952 18,554 44,746
Derivative products (14,510) (65,083) (134,265) (51,858)
Net realized gains (losses) on extinguishment of debt 24 1,420 4,845 81
Other Operating Income (Expense), Net 2,693 7,150 17,611 5,206
Income (loss) on variable interest entities 2,057 (21,435) (16,119) 38,130
Total revenues 145,028 87,690 268,662 473,933
Expenses:        
Losses and loss expense (benefit) (69,204) (133,213) (226,981) (431,642)
Insurance intangible amortization 44,553 39,680 134,456 115,200
Operating expenses 21,466 25,006 77,470 75,402
Interest expense 31,493 29,899 92,632 85,980
Goodwill, Impairment Loss 0 514,511 0 514,511
Total expenses (benefit) 28,308 475,883 77,577 359,451
Pre-tax income (loss) 116,720 (388,193) 191,085 114,482
Provision for income taxes 15,282 2,838 21,877 8,464
Net income 101,438 (391,031) 169,208 106,018
Less: net (gain) loss attributable to noncontrolling interest (36) (44) (328) (401)
Net income (loss) attributable to common stockholders 101,474 (390,987) 169,536 106,419
Other comprehensive income (loss), after tax:        
Net income 101,438 (391,031) 169,208 106,018
Unrealized gains (losses) on securities, net of deferred income taxes of $0 24,719 8,382 132,680 (122,905)
Gains (losses) on foreign currency translation, net of deferred income taxes of $0 (13,323) (30,909) (86,256) (24,224)
Changes to postretirement benefit, net of tax of $0 (254) (220) 278 (467)
Total other comprehensive income (loss), net of tax 11,142 (22,747) 46,702 (147,596)
Total comprehensive income (loss) 112,580 (413,778) 215,910 (41,578)
Less: comprehensive (loss) gain attributable to the noncontrolling interest:        
Net (gain) loss (36) (44) (328) (401)
Currency translation adjustments 0 (272) 0 (200)
Total comprehensive income (loss) attributable to Ambac Financial Group, Inc. $ 112,616 $ (413,462) $ 216,238 $ (40,977)
Earnings Per Share, Basic $ 2.24 $ (8.66) $ 3.75 $ 2.36
Earnings Per Share, Diluted $ 2.22 $ (8.66) $ 3.74 $ 2.30