Offsetting of Assets And Liabilities (Tables)

3 Months Ended

Mar. 31, 2023

Offsetting of Assets

The following tables present the offsetting of assets and liabilities as of March 31, 2023 and December 31, 2022:

	March 31, 2023
	Gross and Net
	Amounts of		Gross Amounts Not Offset
	Assets Presented		in the Statement of
	in the Statement		Financial Condition
	of Financial		Financial		Cash Collateral
	Condition		Instruments (a)		Received		Net Amount
Assets
Freestanding Derivatives	$	242,397	$	120,732	$	102,664	$	19,001

	March 31, 2023
	Gross and Net
	Amounts of
	Liabilities		Gross Amounts Not Offset
	Presented in the		in the Statement of
	Statement of		Financial Condition
	Financial		Financial		Cash Collateral
	Condition		Instruments (a)		Pledged		Net Amount
Liabilities
Freestanding Derivatives	$	66,349	$	61,960	$	1,851	$	2,538
Repurchase Agreements		19,563		19,563		—		—
	$	85,912	$	81,523	$	1,851	$	2,538

Offsetting of Liabilities

	December 31, 2022
	Gross and Net
	Amounts of		Gross Amounts Not Offset
	Assets Presented		in the Statement of
	in the Statement		Financial Condition
	of Financial		Financial		Cash Collateral
	Condition		Instruments (a)		Received		Net Amount
Assets
Freestanding Derivatives	$	277,603	$	165,897	$	96,436	$	15,270

	December 31, 2022
	Gross and Net
	Amounts of
	Liabilities		Gross Amounts Not Offset
	Presented in the		in the Statement of
	Statement of		Financial Condition
	Financial		Financial		Cash Collateral
	Condition		Instruments (a)		Pledged		Net Amount
Liabilities
Freestanding Derivatives	$	88,182	$	85,366	$	1,345	$	1,471
Repurchase Agreements		89,944		89,944		—		—
	$	178,126	$	175,310	$	1,345	$	1,471

(a) Amounts presented are inclusive of both legally enforceable master netting agreements, and financial instruments received or pledged as collateral. Financial instruments received or pledged as collateral offset derivative counterparty risk exposure, but do not reduce net balance sheet exposure. 

Other Assets

Repurchase Agreements are presented separately in the Condensed Consolidated Statements of Financial Condition. Freestanding Derivative assets are included in Other Assets in the Condensed Consolidated Statements of Financial Condition. The following table presents the components of Other Assets:

	March 31,			December 31,
	2023			2022
Furniture, Equipment and Leasehold Improvements	$	797,106		$	748,334
Less: Accumulated Depreciation		(338,777	)		(336,621	)
Furniture, Equipment and Leasehold Improvements, Net		458,329			411,713
Prepaid Expenses		168,701			165,079
Freestanding Derivatives		184,804			202,677
Other		21,398			20,989
	$	833,232		$	800,458