OFFSETTING ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2015

Offsetting [Abstract]

Schedule of offsetting of financial assets

As of September 30, 2015

Offsetting of Financial Assets and Derivative Assets

($ in thousands)

Description	Gross amounts of recognized assets		Gross amounts offset in the balance sheet		Net amounts of assets presented in the balance sheet		Gross amounts not offset in the balance sheet				Net amount
							Financial instruments		Cash collateral received/(posted)(1)
Derivatives	$	299	$	—	$	299	$	—	$	—	$	299
Total	$	299	$	—	$	299	$	—	$	—	$	299

As of December 31, 2014

Offsetting of Financial Assets and Derivative Assets

($ in thousands)

Description	Gross amounts of recognized assets		Gross amounts offset in the balance sheet		Net amounts of assets presented in the balance sheet		Gross amounts not offset in the balance sheet				Net amount
							Financial instruments		Cash collateral received/(posted)(1)
Derivatives	$	423	$	—	$	423	$	—	$	—	$	423
Total	$	423	$	—	$	423	$	—	$	—	$	423

Schedule of offsetting of financial liabilities

As of September 30, 2015

Offsetting of Financial Liabilities and Derivative Liabilities

($ in thousands)

Description	Gross amounts of recognized liabilities		Gross amounts offset in the balance sheet		Net amounts of liabilities presented in the balance sheet		Gross amounts not offset in the balance sheet				Net amount
							Financial instruments collateral		Cash collateral posted/(received)(1)
Derivatives	$	21,942	$	—	$	21,942	$	—	$	21,942	—
Repurchase agreements	1,191,326		—		1,191,326		1,191,326		—		—
Total	$	1,213,268	$	—	$	1,213,268	$	1,191,326	$	21,942	$	—

(1) Included in cash collateral held by broker on combined consolidated balance sheets.

As of December 31, 2014

Offsetting of Financial Liabilities and Derivative Liabilities

($ in thousands)

Description	Gross amounts of recognized liabilities		Gross amounts offset in the balance sheet		Net amounts of liabilities presented in the balance sheet		Gross amounts not offset in the balance sheet				Net amount
							Financial instruments collateral		Cash collateral posted/(received)(1)
Derivatives	$	13,445	$	—	$	13,445	$	—	$	13,445	$	—
Repurchase agreements	1,431,666		—		1,431,666		1,431,666		—		—
Total	$	1,445,111	$	—	$	1,445,111	$	1,431,666	$	13,445	$	—

(1) Included in cash collateral held by broker on combined consolidated balance sheets.