Offsetting Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2014

Offsetting Assets and Liabilities

Schedule of offsetting assets and liabilities

The following tables present the potential effects of netting arrangements on our financial position for financial assets and liabilities within the scope of ASC 210-20, Balance Sheet—Offsetting, which for us are derivative assets and liabilities as well as repurchase agreement liabilities (amounts in thousands):

			(ii)		(iii) = (i) - (ii)		(iv) Gross Amounts Not Offset in the Statement of Financial Position
	(i) Gross Amounts Recognized		Gross Amounts Offset in the Statement of Financial Position		Net Amounts Presented in the Statement of Financial Position		Financial Instruments		Cash Collateral Received / Pledged		(v) = (iii) - (iv) Net Amount
As of June 30, 2014
Derivative assets	$	4,681	$	—	$	4,681	$	606	$	1,564	$	2,511
Derivative liabilities	$	26,294	$	—	$	26,294	$	606	$	18,412	$	7,276
Repurchase agreements	1,810,767		—		1,810,767		1,810,767		—		—
	$	1,837,061	$	—	$	1,837,061	$	1,811,373	$	18,412	$	7,276
As of December 31, 2013
Derivative assets	$	7,769	$	—	$	7,769	$	692	$	1,916	$	5,161
Derivative liabilities	$	24,192	$	—	$	24,192	$	692	$	7,150	$	16,350
Repurchase agreements	1,419,163		—		1,419,163		1,419,163		—		—
	$	1,443,355	$	—	$	1,443,355	$	1,419,855	$	7,150	$	16,350