OFFSETTING OF ASSETS AND LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2016

Offsetting of Liabilities

The following tables present the offsetting of liabilities as of March 31, 2016:

	Gross and Net Amounts of Assets Presented in the Statement of Financial Condition		Gross Amounts Not Offset in the Statement of Financial Condition
			Financial Instruments		Cash Collateral Received		Net Amount
Assets
Net Investment Hedges	$	9	$	9	$	—	$	—
Freestanding Derivatives		3,814		1,215		1,174		1,425
Reverse Repurchase Agreements		45,301		45,151		—		150
Total	$	49,124	$	46,375	$	1,174	$	1,575

The following tables present the offsetting of liabilities as of December 31, 2015:

	Gross and Net Amounts of Assets Presented in the Statement of Financial Condition		Gross Amounts Not Offset in the Statement of Financial Condition
			Financial Instruments		Cash Collateral Received		Net Amount
Assets
Net Investment Hedges	$	319	$	1	$	—	$	318
Freestanding Derivatives		4,300		2,149		1,310		841
Reverse Repurchase Agreements		204,893		203,938		—		955
Total	$	209,512	$	206,088	$	1,310	$	2,114

Offsetting of Assets

The following tables present the offsetting of  assets as of March 31, 2016:

Gross and Net Amounts of Liabilities Presented in the Statement of Financial Condition			Gross Amounts Not Offset in the Statement of Financial Condition
				Financial Instruments			Cash Collateral Pledged			Net Amount
Liabilities
Net Investment Hedges	$	1,677			$	9		$	—		$	1,668
Freestanding Derivatives		14,475				1,215			12,909			351
Repurchase Agreements		49,540				46,573			2,967			—
Total	$	65,692			$	47,797		$	15,876		$	2,019

The following tables present the offsetting of  assets as of December 31, 2015:

	Gross and Net Amounts of Liabilities Presented in the Statement of Financial Condition		Gross Amounts Not Offset in the Statement of Financial Condition
			Financial Instruments		Cash Collateral Pledged		Net Amount
Liabilities
Net Investment Hedges	$	1	$	1	$	—	$	—
Freestanding Derivatives		15,016		2,149		12,076		791
Repurchase Agreements		40,929		40,259		670		—
Total	$	55,946	$	42,409	$	12,746	$	791

Components of Other Assets

The following table presents the components of Other Assets:

	March 31, 2016		December 31, 2015
Furniture, Equipment and Leasehold Improvements, Net	$	139,318	$	135,543
Prepaid Expenses		144,887		190,241
Other Assets		28,168		46,786
Freestanding Derivatives		3,814		4,300
Net Investment Hedges		9		319
	$	316,196	$	377,189