Offsetting Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2016

Offsetting [Abstract]

Schedule of Offsetting of Financial Assets

Offsetting of assets as of September 30, 2016 and December 31, 2015 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, 2016:
Securities borrowed	$	42,761	$	—	$	42,761	$	—	$	(42,761	)	$	—
Derivatives	$	6,944	$	—	$	6,944	$	—	$	(810	)	$	6,134
Derivatives held by consolidated VIEs	$	3,968	$	—	$	3,968	$	—	$	(393	)	$	3,575
Long exchange-traded options	$	3,549	$	—	$	3,549	$	—	$	—		$	3,549
December 31, 2015:
Securities borrowed	$	75,274	$	—	$	75,274	$	—	$	(75,274	)	$	—
Derivatives	$	12,588	$	—	$	12,588	$	—	$	(1,518	)	$	11,070
Long exchange-traded options	$	5,910	$	—	$	5,910	$	—	$	—		$	5,910

Schedule of Offsetting of Financial Liabilities

Offsetting of liabilities as of September 30, 2016 and December 31, 2015 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, 2016:
Securities loaned	$	4,690	$	—	$	4,690	$	—	$	(4,690	)	$	—
Derivatives	$	7,050	$	—	$	7,050	$	—	$	(5,092	)	$	1,958
Derivatives held by consolidated VIEs	$	4,238	$	—	$	4,238	$	—	$	(3,016	)	$	1,222
Short exchange-traded options	$	4,321	$	—	$	4,321	$	—	$	—		$	4,321
December 31, 2015:
Securities loaned	$	9,518	$	—	$	9,518	$	—	$	(9,518	)	$	—
Derivatives	$	12,221	$	—	$	12,221	$	—	$	(12,221	)	$	—
Short exchange-traded options	$	843	$	—	$	843	$	—	$	—		$	843