10-Q Filing

RADIAN GROUP INC CIK: 890926 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000890926-21-000092`
Period End Date	20210630
Filing Date	20210806
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	rdn-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 80 Cash Flow Statement 56 Stockholders Equity 8 Comprehensive Income 24

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Fixed-maturities available for saleat fair value, net of allowance for credit losses of $0 and $948 (amortized cost of $5,349,405 and $5,393,623)	`AvailableForSaleSecuritiesDebtSecurities`	$5.57B	USD	Point-in-time
Fixed-maturities available for saleat fair value, net of allowance for credit losses of $0 and $948 (amortized cost of $5,349,405 and $5,393,623)	`AvailableForSaleSecuritiesDebtSecurities`	$5.72B	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $241,657 and $260,773)	`TradingSecuritiesDebt`	$267.98M	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $241,657 and $260,773)	`TradingSecuritiesDebt`	$290.88M	USD	Point-in-time
Equity securitiesat fair value (cost of $160,224 and $145,501)	`EquitySecuritiesFvNi`	$175.15M	USD	Point-in-time
Equity securitiesat fair value (cost of $160,224 and $145,501)	`EquitySecuritiesFvNi`	$151.24M	USD	Point-in-time
Short-term investmentsat fair value (includes $32,435 and $15,587 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$662.10M	USD	Point-in-time
Short-term investmentsat fair value (includes $32,435 and $15,587 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$618.00M	USD	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$4.97M	USD	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$3.62M	USD	Point-in-time
Investments, Total	`Investments`	$6.68B	USD	Point-in-time
Investments, Total	`Investments`	$6.79B	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$134.94M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$87.92M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.97M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$6.23M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncome`	$32.22M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncome`	$34.05M	USD	Point-in-time
Accounts and notes receivable	`AccountsReceivableNet`	$121.29M	USD	Point-in-time
Accounts and notes receivable	`AccountsReceivableNet`	$153.13M	USD	Point-in-time
Reinsurance recoverables	`ReinsuranceRecoverables`	$73.20M	USD	Point-in-time
Reinsurance recoverables	`ReinsuranceRecoverables`	$75.41M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$17.87M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$18.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$74.29M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$80.46M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 7)	`IntangibleAssetsNetIncludingGoodwill`	$21.32M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 7)	`IntangibleAssetsNetIncludingGoodwill`	$23.04M	USD	Point-in-time
Other assets (Note 9)	`OtherAssets`	$815.26M	USD	Point-in-time
Other assets (Note 9)	`OtherAssets`	$715.09M	USD	Point-in-time
Assets, Total	`Assets`	$8.01B	USD	Point-in-time
Assets, Total	`Assets`	$7.95B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$373.03M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$448.79M	USD	Point-in-time
Reserve for losses and LAE (Note 11)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$848.41M	USD	Point-in-time
Reserve for losses and LAE (Note 11)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$885.50M	USD	Point-in-time
Senior notes (Note 12)	`SeniorNotes`	$1.41B	USD	Point-in-time
Senior notes (Note 12)	`SeniorNotes`	$1.41B	USD	Point-in-time
FHLB advances (Note 12)	`AdvancesFromFederalHomeLoanBanks`	$153.98M	USD	Point-in-time
FHLB advances (Note 12)	`AdvancesFromFederalHomeLoanBanks`	$176.48M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$285.41M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$278.56M	USD	Point-in-time
Net deferred tax liability (Note 10)	`DeferredIncomeTaxLiabilitiesNet`	$266.33M	USD	Point-in-time
Net deferred tax liability (Note 10)	`DeferredIncomeTaxLiabilitiesNet`	$213.90M	USD	Point-in-time
Other Liabilities	`OtherLiabilities`	$303.44M	USD	Point-in-time
Other Liabilities	`OtherLiabilities`	$291.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.66B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.68B	USD	Point-in-time
Common stock: par value $0.001 per share; 485,000 shares authorized at June 30, 2021 and December 31, 2020; 207,250 and 210,130 shares issued at June 30, 2021 and December 31, 2020, respectively; 188,290 and 191,606 shares outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$207.00K	USD	Point-in-time
Common stock: par value $0.001 per share; 485,000 shares authorized at June 30, 2021 and December 31, 2020; 207,250 and 210,130 shares issued at June 30, 2021 and December 31, 2020, respectively; 188,290 and 191,606 shares outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$210.00K	USD	Point-in-time
Treasury stock, at cost: 18,960 and 18,524 shares at June 30, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$910.12M	USD	Point-in-time
Treasury stock, at cost: 18,960 and 18,524 shares at June 30, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$920.23M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.16B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.25B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.68B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.91B	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 15)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$263.73M	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 15)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$178.86M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.28B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.33B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.01B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.95B	USD	Point-in-time
Debt Securities, Available-for-sale, Allowance for Credit Loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$948.00K	USD	Point-in-time
Debt Securities, Available-for-sale, Allowance for Credit Loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	-	USD	Point-in-time
Fixed-maturities available for saleat amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$5.39B	USD	Point-in-time
Fixed-maturities available for saleat amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$5.35B	USD	Point-in-time
Debt Securities, Trading, Amortized Cost	`TradingSecuritiesDebtAmortizedCost`	$260.77M	USD	Point-in-time
Debt Securities, Trading, Amortized Cost	`TradingSecuritiesDebtAmortizedCost`	$241.66M	USD	Point-in-time
Equity Securities, FV-NI, Cost	`EquitySecuritiesFvNiCost`	$145.50M	USD	Point-in-time
Equity Securities, FV-NI, Cost	`EquitySecuritiesFvNiCost`	$160.22M	USD	Point-in-time
Reinvested Cash Collateral Held Under Securities Lending Agreements	`ReinvestedCashCollateralHeldUnderSecuritiesLendingAgreements`	$32.44M	USD	Point-in-time
Reinvested Cash Collateral Held Under Securities Lending Agreements	`ReinvestedCashCollateralHeldUnderSecuritiesLendingAgreements`	$15.59M	USD	Point-in-time
Reinsurance Recoverables, Paid Losses	`ReinsuranceRecoverablesPaidLosses`	$32.00K	USD	Point-in-time
Reinsurance Recoverables, Paid Losses	`ReinsuranceRecoverablesPaidLosses`	$7.00K	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$249.29M	USD	1 Quarter
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$526.63M	USD	2 Qtrs
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$254.76M	USD	1 Quarter
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$526.71M	USD	2 Qtrs
Services revenue (Note 4)	`ServicesRevenueNet`	$28.07M	USD	1 Quarter
Services revenue (Note 4)	`ServicesRevenueNet`	$60.00M	USD	2 Qtrs
Services revenue (Note 4)	`ServicesRevenueNet`	$52.36M	USD	2 Qtrs
Services revenue (Note 4)	`ServicesRevenueNet`	$29.46M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$36.29M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$79.67M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$74.54M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$38.72M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$15.66M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$10.48M	USD	2 Qtrs
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$25.25M	USD	2 Qtrs
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$47.28M	USD	1 Quarter
Other income	`OtherIncome`	$1.07M	USD	1 Quarter
Other income	`OtherIncome`	$1.80M	USD	2 Qtrs
Other income	`OtherIncome`	$822.00K	USD	1 Quarter
Other income	`OtherIncome`	$1.89M	USD	2 Qtrs
Total revenues	`Revenues`	$665.81M	USD	2 Qtrs
Total revenues	`Revenues`	$693.52M	USD	2 Qtrs
Total revenues	`Revenues`	$364.44M	USD	1 Quarter
Total revenues	`Revenues`	$336.99M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$304.42M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$3.65M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$49.79M	USD	2 Qtrs
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$340.37M	USD	2 Qtrs
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$6.01M	USD	1 Quarter
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$13.83M	USD	2 Qtrs
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$4.84M	USD	1 Quarter
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$13.43M	USD	2 Qtrs
Cost of Services	`CostOfServicesTitleInsurance`	$44.86M	USD	2 Qtrs
Cost of Services	`CostOfServicesTitleInsurance`	$17.97M	USD	1 Quarter
Cost of Services	`CostOfServicesTitleInsurance`	$24.61M	USD	1 Quarter
Cost of Services	`CostOfServicesTitleInsurance`	$40.11M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$156.73M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$60.58M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$86.47M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$129.69M	USD	2 Qtrs
Interest expense	`InterestExpense`	$42.18M	USD	2 Qtrs
Interest expense	`InterestExpense`	$28.89M	USD	2 Qtrs
Interest expense	`InterestExpense`	$16.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$21.07M	USD	1 Quarter
Amortization and impairment of other acquired intangible assets	`IncreaseDecreaseinGoodwillandIntangibleAssets`	$979.00K	USD	1 Quarter
Amortization and impairment of other acquired intangible assets	`IncreaseDecreaseinGoodwillandIntangibleAssets`	$1.96M	USD	2 Qtrs
Amortization and impairment of other acquired intangible assets	`IncreaseDecreaseinGoodwillandIntangibleAssets`	$863.00K	USD	1 Quarter
Amortization and impairment of other acquired intangible assets	`IncreaseDecreaseinGoodwillandIntangibleAssets`	$1.73M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$309.12M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$406.67M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$141.50M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$554.45M	USD	2 Qtrs
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$139.07M	USD	2 Qtrs
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-42.22M	USD	1 Quarter
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$195.50M	USD	1 Quarter
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$356.69M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$75.87M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-12.27M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$28.56M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$40.29M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$280.81M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$110.51M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$155.21M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-29.95M	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$-0.15	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$0.56	USD	2 Qtrs
Basic net income (loss) per share	`EarningsPerShareBasic`	$1.45	USD	2 Qtrs
Basic net income (loss) per share	`EarningsPerShareBasic`	$0.80	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$1.44	USD	2 Qtrs
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$-0.15	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$0.80	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$0.56	USD	2 Qtrs
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	193.30M	shares	1 Quarter
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	193.44M	shares	1 Quarter
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	193.69M	shares	2 Qtrs
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	197.54M	shares	2 Qtrs
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	198.75M	shares	2 Qtrs
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	194.99M	shares	2 Qtrs
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	194.64M	shares	1 Quarter
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.30M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$305.29M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$275.90M	USD	2 Qtrs
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$735.15M	USD	2 Qtrs
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$329.07M	USD	2 Qtrs
Proceeds from Sales of Trading Securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$11.60M	USD	2 Qtrs
Proceeds from Sales of Trading Securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$7.95M	USD	2 Qtrs
Proceeds from Sales of Equity Securities	`ProceedsfromSaleofEquitySecurities`	$75.79M	USD	2 Qtrs
Proceeds from Sales of Equity Securities	`ProceedsfromSaleofEquitySecurities`	$4.44M	USD	2 Qtrs
Proceeds from Redemption of Fixed-Maturity Investments Available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$619.26M	USD	2 Qtrs
Proceeds from Redemption of Fixed-Maturity Investments Available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$271.48M	USD	2 Qtrs
Proceeds from Redemptions of Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$10.61M	USD	2 Qtrs
Proceeds from Redemptions of Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$17.81M	USD	2 Qtrs
Purchases of Fixed-maturities Available-for-sale	`PaymentsToAcquireAvailableForSaleSecurities`	$944.62M	USD	2 Qtrs
Purchases of Fixed-maturities Available-for-sale	`PaymentsToAcquireAvailableForSaleSecurities`	$1.22B	USD	2 Qtrs
Purchases of Equity Securities	`PaymentstoAcquireEquitySecurities`	$65.43M	USD	2 Qtrs
Purchases of Equity Securities	`PaymentstoAcquireEquitySecurities`	$61.23M	USD	2 Qtrs
Sales, Redemptions and (Purchases) of Short-term Investments, Net	`PaymentsForProceedsFromShortTermInvestments`	$418.74M	USD	2 Qtrs
Sales, Redemptions and (Purchases) of Short-term Investments, Net	`PaymentsForProceedsFromShortTermInvestments`	$41.92M	USD	2 Qtrs
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.35M	USD	2 Qtrs
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.04M	USD	2 Qtrs
Proceeds from sale of subsidiary, net of cash sold	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	2 Qtrs
Proceeds from sale of subsidiary, net of cash sold	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$16.48M	USD	2 Qtrs
Payments for (Proceeds from) Productive Assets	`PaymentsForProceedsFromProductiveAssets`	$10.59M	USD	2 Qtrs
Payments for (Proceeds from) Productive Assets	`PaymentsForProceedsFromProductiveAssets`	$4.99M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-580.43M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-76.39M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$52.04M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$49.30M	USD	2 Qtrs
Issuance of senior notes, net	`ProceedsFromDebtNetOfIssuanceCosts`	-	USD	2 Qtrs
Issuance of senior notes, net	`ProceedsFromDebtNetOfIssuanceCosts`	$516.08M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.48M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.11M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$226.31M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$98.69M	USD	2 Qtrs
Credit facility commitment fees paid	`ProceedsFromPaymentsForOtherFinancingActivities`	$-471.00K	USD	2 Qtrs
Credit facility commitment fees paid	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.75M	USD	2 Qtrs
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$4.35M	USD	2 Qtrs
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$-17.54M	USD	2 Qtrs
Proceeds from secured borrowings (with terms greater than 3 months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$32.00M	USD	2 Qtrs
Proceeds from secured borrowings (with terms greater than 3 months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$106.96M	USD	2 Qtrs
Payments of secured borrowings (with terms greater than 3 months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$42.00M	USD	2 Qtrs
Payments of secured borrowings (with terms greater than 3 months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$66.01M	USD	2 Qtrs
Repayments of other borrowings	`RepaymentsOfOtherDebt`	$79.00K	USD	2 Qtrs
Repayments of other borrowings	`RepaymentsOfOtherDebt`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$263.54M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-155.74M	USD	2 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.61M	USD	2 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$43.76M	USD	2 Qtrs
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.27M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.67M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$137.91M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$94.15M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.27M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.67M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$137.91M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$94.15M	USD	Point-in-time

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$4.28B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$4.33B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$280.81M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$110.51M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$155.21M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-29.95M	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$4.28B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$4.33B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$280.81M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$110.51M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$155.21M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-29.95M	USD	1 Quarter
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$64.48M	USD	1 Quarter
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$112.76M	USD	2 Qtrs
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$185.06M	USD	1 Quarter
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-82.89M	USD	2 Qtrs
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$1.88M	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$13.29M	USD	2 Qtrs
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$4.89M	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$1.25M	USD	2 Qtrs
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-2.20M	USD	2 Qtrs
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$725.00K	USD	2 Qtrs
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$480.00K	USD	1 Quarter
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-2.20M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$182.36M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-84.87M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$62.12M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$101.67M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$195.94M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$152.41M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$217.33M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$212.18M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.