XML 100 R17.htm IDEA: XBRL DOCUMENT v3.22.4
Offsetting Assets and Liabilities
 12 Months Ended
Dec. 31, 2022
Offsetting [Abstract]  
Offsetting Assets and Liabilities Offsetting Assets and Liabilities
See Note 15, Consolidated Company-Sponsored Investment Funds, for disclosure of offsetting assets and liabilities of our consolidated company-sponsored investment funds.
Offsetting of assets as of December 31, 2022 and 2021 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 Collateral		Cash Collateral
Received		Net
Amount
(in thousands)
December 31, 2022
Securities borrowed(1)
$62,063 $— $62,063 $(62,058)$— $5 
Derivatives24,712 — 24,712 — (8,361)16,351 
Long exchange-traded options(1)
— — — — — — 
December 31, 2021
Securities borrowed$19,899 $— $19,899 $(18,327)$— $1,572 
Derivatives15,422 — 15,422 — (2,872)12,550 
Long exchange-traded options1,893 — 1,893 — — 1,893 
Offsetting of liabilities as of December 31, 2022 and 2021 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 Collateral		Cash Collateral
Pledged		Net
Amount
(in thousands)
December 31, 2022
Securities loaned(1)
$272,580 $— $272,580 $(267,053)$5,527 
Derivatives13,712 — 13,712 — (4,158)9,554 
Short exchange-traded options(1)
— — — — — — 
December 31, 2021
Securities loaned$23,911 $— $23,911 $(23,373)$— $538 
Derivatives16,923 — 16,923 — (5,572)11,351 
Short exchange-traded options2,774 — 2,774 — — 2,774 
(1)Certain amounts have been classified as held for sale on the consolidated statement of financial position as of December 31, 2022. For further discussion, see Note 24 Acquisitions and Divestitures.
Cash collateral, whether pledged or received on derivative instruments, is not considered material and, accordingly, is not disclosed by counterparty.