Balance Sheet Offsetting (Tables)

3 Months Ended

Mar. 31, 2015

Balance Sheet Offsetting

Schedule of information about financial instruments that are eligible for offset

								Gross Amounts
						Net Amount		Not Offset in the
	Gross		Gross			Presented		Balance Sheet
	Amount		Amount			in the		Securities			Cash			Net
(in thousands)	Recognized		Offset			Balance Sheet		Collateral			Collateral			Amount
March 31, 2015
Financial assets:
Reverse repurchase agreements	$	700,455	$	(500,153	)	$	200,302	$	(200,000	)	$	—		$	302
Derivatives not designated as hedging instruments	15,560		(443		)	15,117		—			(1,891		)	13,226
Total financial assets	$	716,015	$	(500,596	)	$	215,419	$	(200,000	)	$	(1,891	)	$	13,528
Financial liabilities:
Repurchase agreements	$	500,153	$	(500,153	)	$	—	$	—		$	—		$	—
Derivatives not designated as hedging instruments	76,669		(443		)	76,226		(21,068		)	(41,638		)	13,520
Total financial liabilities	$	576,822	$	(500,596	)	$	76,226	$	(21,068	)	$	(41,638	)	$	13,520
December 31, 2014
Financial assets:
Reverse repurchase agreements	$	700,149	$	(500,041	)	$	200,108	$	(200,000	)	$	—		$	108
Derivatives not designated as hedging instruments	7,669		(1,562		)	6,107		—			—			6,107
Total financial assets	$	707,818	$	(501,603	)	$	206,215	$	(200,000	)	$	—		$	6,215
Financial liabilities:
Repurchase agreements	$	500,041	$	(500,041	)	$	—	$	—		$	—		$	—
Derivatives not designated as hedging instruments	51,125		(1,562		)	49,563		(14,654		)	(28,046		)	6,863
Total financial liabilities	$	551,166	$	(501,603	)	$	49,563	$	(14,654	)	$	(28,046	)	$	6,863