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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets:    
Fixed income securities, at fair value (amortized cost of $2,480,532 and $3,020,744) $ 3,611,947  
Short-term investments, at fair value (amortized cost of $908,209 and $430,405) 908,235 $ 430,331
Other investments 428,556 391,217
Total investments 4,040,503 3,937,223
Cash and cash equivalents 21,840 63,089
Restricted Cash 0 19,405
Premium receivables 487,397 495,391
Reinsurance recoverable on paid and unpaid losses 26,788 23,133
Deferred ceded premium 58,868 61,134
Subrogation recoverable 1,916,117 1,932,960
Derivative assets 76,400 59,468
Income Taxes Receivable 42,830 47,040
Insurance intangible asset 689,255 718,931
Other assets 90,977 137,628
Total assets 15,022,899 14,588,711
Liabilities:    
Unearned premiums 591,397 629,971
Loss and loss expense reserves 1,694,163 1,826,078
Ceded premiums payable 31,745 32,913
Long-term debt 2,929,227 2,928,929
Accrued interest payable 391,335 375,808
Derivative Liability 86,534 76,699
Other liabilities 71,402 63,792
Total liabilities 13,357,011 12,955,564
Stockholders’ equity:    
Preferred stock, par value $0.01 per share; 20,000,000 shares authorized; issued and outstanding shares—none 0 0
Common Stock, Value, Issued 456 454
Additional paid-in capital 223,545 219,429
Accumulated other comprehensive income 22,542 (48,715)
Retained earnings 1,376,244 1,421,302
Treasury stock, shares at cost: 0 and 8,202 (813) (473)
Total Ambac Financial Group, Inc. stockholders’ equity 1,621,974 1,591,997
Noncontrolling interest 43,914 41,150
Total stockholders’ equity 1,665,888 1,633,147
Total liabilities and stockholders’ equity 15,022,899 14,588,711
Deferred Income Tax Liabilities, Net 39,201 40,130
Variable Interest Entity, Primary Beneficiary [Member]    
Assets:    
Fixed income securities, at fair value (amortized cost of $2,480,532 and $3,020,744) 3,128,995 2,737,286
Restricted Cash 3,254 999
Derivative assets 59,228 66,302
Other assets 4,686 1,058
Total assets 7,571,924 7,093,309
Liabilities:    
Long-term debt 5,737,263 5,268,596
Accrued interest payable 2,785 556
Derivative Liability 1,781,903 1,712,062
Other liabilities 56 30
Total liabilities 7,522,007 6,981,244
Stockholders’ equity:    
Loans Receivable, Net $ 4,375,761 $ 4,287,664