Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Financial Instruments [Abstract]

Schedule Of Trading Securities

INVESTMENTS - TRADING
(Dollars in Thousands)
	March 31, 2020		December 31, 2019
U.S. government agency MBS and CMOs	$	218,767	$	196,146
U.S. government agency debt securities		4,791		14,680
RMBS		14		15
U.S. Treasury securities		6,065		11,105
ABS		1		100
SBA loans		26,073		27,634
Corporate bonds and redeemable preferred stock		31,877		38,503
Foreign government bonds		626		844
Municipal bonds		25,121		13,737
Certificates of deposit		3,575		841
Derivatives		55,780		3,686
Equity securities		99		561
Residential transition loans		2,956		-
Investments-trading	$	375,745	$	307,852

Schedule Of Trading Securities Sold, Not Yet Purchased

TRADING SECURITIES SOLD, NOT YET PURCHASED
(Dollars in Thousands)
	March 31, 2020		December 31, 2019
U.S. Treasury securities	$	16,211	$	16,827
Corporate bonds and redeemable preferred stock		43,937		58,083
Municipal bonds		20		20
Derivatives		54,599		3,017
Trading securities sold, not yet purchased	$	114,767	$	77,947

Schedule Of Other Investments

OTHER INVESTMENTS, AT FAIR VALUE
(Dollars in Thousands)
	March 31, 2020
	Amortized Cost		Carrying Value		Unrealized Gain / (Loss)
Equity securities	$	6,905	$	5,457	$	(1,448)
CLOs		2,557		1,877		(680)
U.S. Insurance JV		2,009		2,017		8
SPAC Fund		646		609		(37)
Residential loans		126		97		(29)
Other investments, at fair value	$	12,243	$	10,057	$	(2,186)

	December 31, 2019
	Amortized Cost		Carrying Value		Unrealized Gain / (Loss)
Equity securities	$	8,598	$	9,352	$	754
CLOs		2,894		2,522		(372)
U.S. Insurance JV		2,048		2,223		175
SPAC Fund		646		668		22
Residential loans		129		99		(30)
Other investments, at fair value	$	14,315	$	14,864	$	549