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Assets Purchased under Resale Agreements and Sold under Repurchase Agreements (Tables)
6 Months Ended
Jun. 30, 2023
RESALE AND REPURCHASE AGREEMENTS [Abstract]  
Schedule Of Balance Sheet Offsetting For Resale And Repurchase Agreements
The following tables present the resale and repurchase agreements included on the Consolidated Balance Sheet as of June 30, 2023 and December 31, 2022:
($ in thousands)June 30, 2023
Gross
Amounts
of Recognized
Assets
Gross Amounts
Offset on the
Consolidated
Balance Sheet
Net Amounts of
Assets Presented
on the Consolidated
Balance Sheet
Gross Amounts  Not Offset on the
Consolidated  Balance Sheet
Net
Amount
AssetsCollateral Received
Resale agreements$635,000 $— $635,000 $(550,872)
(1)
$84,128 
Gross
Amounts
of Recognized
Liabilities
Gross Amounts
Offset on the
Consolidated
Balance Sheet
Net Amounts of
Liabilities Presented
on the Consolidated
Balance Sheet
Gross Amounts Not Offset on the
Consolidated Balance Sheet
Net
Amount
LiabilitiesCollateral Pledged
Repurchase agreements$— $— $— $— $— 
($ in thousands)December 31, 2022
Gross
Amounts
of Recognized
Assets
Gross Amounts
Offset on the
Consolidated
Balance Sheet
Net Amounts of
Assets Presented
on the Consolidated
Balance Sheet
Gross Amounts  Not Offset on the
Consolidated  Balance Sheet
AssetsNet
Amount
Collateral Received
Resale agreements$792,192 $— $792,192 $(701,790)
(1)
$90,402 
LiabilitiesGross
Amounts
of Recognized
Liabilities
Gross Amounts
Offset on the
Consolidated
Balance Sheet
Net Amounts of
Liabilities Presented
on the Consolidated
Balance Sheet
Gross Amounts Not Offset on the
Consolidated Balance Sheet
Net
Amount
Collateral Pledged
Repurchase agreements$300,000 $— $300,000 $(300,000)
(2)
$— 
(1)Represents the fair value of assets the Company has received under resale agreements, limited for table presentation purposes to the amount of the recognized asset due from each counterparty. The application of collateral cannot reduce the net position below zero. Therefore, excess collateral, if any, is not reflected above.
(2)Represents the fair value of assets the Company has pledged under repurchase agreements, limited for table presentation purposes to the amount of the recognized liability due to each counterparty. The application of collateral cannot reduce the net position below zero. Therefore, excess collateral, if any, is not reflected above.