Offsetting Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2015

Offsetting [Abstract]

Schedule of Offsetting of Financial Assets

Offsetting of assets as of September 30, 2015 and December 31, 2014 was as follows:

	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets Presented in the Statement of Financial Position		Financial Instruments		Cash Collateral Received			Net Amount
	(in thousands)
September 30, 2015:
Securities borrowed	$	108,044	$	—	$	108,044	$	—	$	(108,044	)	$	—
Derivatives	$	18,739	$	—	$	18,739	$	—	$	(5,168	)	$	13,571
Long exchange-traded options	$	11,178	$	—	$	11,178	$	—	$	—		$	11,178
December 31, 2014:
Securities borrowed	$	158,147	$	—	$	158,147	$	—	$	(158,147	)	$	—
Derivatives	$	6,787	$	—	$	6,787	$	—	$	(990	)	$	5,797
Long exchange-traded options	$	22,290	$	—	$	22,290	$	—	$	—		$	22,290

Schedule of Offsetting of Financial Liabilities

Offsetting of liabilities as of September 30, 2015 and December 31, 2014 was as follows:

	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Liabilities Presented in the Statement of Financial Position		Financial Instruments		Cash Collateral Pledged			Net Amount
	(in thousands)
September 30, 2015:
Securities loaned	$	4,751	$	—	$	4,751	$	—	$	(4,751	)	$	—
Derivatives	$	11,354	$	—	$	11,354	$	—	$	(3,545	)	$	7,809
Short exchange-traded options	$	4,103	$	—	$	4,103	$	—	$	—		$	4,103
December 31, 2014:
Securities loaned	$	33,645	$	—	$	33,645	$	—	$	(33,645	)	$	—
Derivatives	$	9,392	$	—	$	9,392	$	—	$	(9,392	)	$	—
Short exchange-traded options	$	7,118	$	—	$	7,118	$	—	$	—		$	7,118