Offsetting Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2014

Offsetting of securities borrowed as of March 31, 2014 and December 31, 2013 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 Pledged		Net Amount
	(in thousands)

March 31, 2014	$	140,860	$	—	$	140,860	$	—	$	140,860	$	—
December 31, 2013	$	83,619	$	—	$	83,619	$	—	$	83,619	$	—

Offsetting of securities loaned as of March 31, 2014 and December 31, 2013 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 Received		Net Amount
	(in thousands)

March 31, 2014		$	36,894	$	—	$	36,894	$	—	$	36,894	$	—
December 31, 2013		$	65,101	$	—	$	65,101	$	—	$	65,101	$	—