Offsetting Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2017

Offsetting [Abstract]

Schedule of Offsetting of Financial Assets

Offsetting of assets as of March 31, 2017 and December 31, 2016 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)
March 31, 2017:
Securities borrowed	$	147,124	$	—	$	147,124	$	(142,789	)	$	—		$	4,335
Derivatives	$	7,768	$	—	$	7,768	$	—		$	—		$	7,768
Long exchange-traded options	$	1,558	$	—	$	1,558	$	—		$	—		$	1,558
December 31, 2016:
Securities borrowed	$	82,814	$	—	$	82,814	$	(80,277	)	$	—		$	2,537
Derivatives	$	8,413	$	—	$	8,413	$	—		$	(810	)	$	7,603
Long exchange-traded options	$	3,106	$	—	$	3,106	$	—		$	—		$	3,106

Schedule of Offsetting of Financial Liabilities

Offsetting of liabilities as of March 31, 2017 and December 31, 2016 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)
March 31, 2017:
Securities loaned	$	—	$	—	$	—	$	—	$	—		$	—
Derivatives	$	10,347	$	—	$	10,347	$	—	$	(8,146	)	$	2,201
Short exchange-traded options	$	916	$	—	$	916	$	—	$	—		$	916
December 31, 2016:
Securities loaned	$	—	$	—	$	—	$	—	$	—		$	—
Derivatives	$	8,649	$	—	$	8,649	$	—	$	(6,239	)	$	2,410
Short exchange-traded options	$	692	$	—	$	692	$	—	$	—		$	692