Offsetting Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2019

Offsetting [Abstract]

Schedule of Offsetting of Financial Assets

Offsetting of assets as of September 30, 2019 and December 31, 2018 was as follows:

	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Condition		Net Amounts of Assets Presented in the Statement of Financial Condition		Financial Instruments			Cash Collateral Received			Net Amount
	(in thousands)
September 30, 2019:
Securities borrowed	$	22,596	$	—	$	22,596	$	(22,596	)	$	—		$	—
Derivatives	$	14,710	$	—	$	14,710	$	—		$	(251	)	$	14,459
Long exchange-traded options	$	5,803	$	—	$	5,803	$	—		$	—		$	5,803
December 31, 2018:
Securities borrowed	$	64,856	$	—	$	64,856	$	(64,217	)	$	—		$	639
Derivatives	$	17,079	$	—	$	17,079	$	—		$	(4,831	)	$	12,248
Long exchange-traded options	$	2,568	$	—	$	2,568	$	—		$	—		$	2,568

Schedule of Offsetting of Financial Liabilities

Offsetting of liabilities as of September 30, 2019 and December 31, 2018 was as follows:

	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statement of Financial Condition		Net Amounts of Liabilities Presented in the Statement of Financial Condition		Financial Instruments			Cash Collateral Pledged			Net Amount
	(in thousands)
September 30, 2019:
Securities loaned	$	—	$	—	$	—	$	—		$	—		$	—
Derivatives	$	16,658	$	—	$	16,658	$	—		$	(1,867	)	$	14,791
Short exchange-traded options	$	5,152	$	—	$	5,152	$	—		$	—		$	5,152
December 31, 2018:
Securities loaned	$	59,526	$	—	$	59,526	$	(59,526	)	$	—		$	—
Derivatives	$	14,822	$	—	$	14,822	$	—		$	(4,458	)	$	10,364
Short exchange-traded options	$	3,782	$	—	$	3,782	$	—		$	—		$	3,782