Collateralized Transactions (Tables)

9 Months Ended

Sep. 30, 2013

Collateralized Agreements [Abstract]

Financial Instruments at Fair Value Received as Collateral that were Permitted to be Delivered or Repledged

The table below presents financial instruments at fair value received as collateral that were permitted to be delivered or repledged and that were delivered or repledged by the Company as well as the fair value of financial instruments which could be further repledged by the receiving counterparty (in thousands):



	September 30, 2013		December 31, 2012
Collateral permitted to be delivered or repledged	$	1,317,369	$	50,717
Collateral that was delivered or repledged	1,210,408		50,717
Collateral permitted to be further repledged by the receiving counterparty	149,891		—

Financial Instruments Owned and Pledged to Counterparties that Do Not Have Right to Sell or Repledge

The table below presents information about assets pledged by the Company (in thousands):



	September 30, 2013		December 31, 2012
Financial instruments owned, at fair value, pledged to counterparties that had the right to deliver or repledge ⁽¹⁾	$	6,803,143	$	52,261
Financial instruments owned, at fair value, pledged to counterparties that do not have the right to deliver or repledge	732,481		—


⁽¹⁾	Financial instruments owned, at fair value, pledged to counterparties that had the right to deliver or repledge includes $5.84 billion recorded within Assets within discontinued operations as of September 30, 2013.