Balance Sheet Offsetting (Tables)

6 Months Ended

Jun. 30, 2015

Balance Sheet Offsetting

Schedule of information about financial instruments that are eligible for offset

						Net Amount		Gross Amounts 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
June 30, 2015
Financial assets:
Reverse repurchase agreements	$	700,150	$	(500,046	)	$	200,104	$	(200,000	)	$	—		$	104
Derivatives not designated as hedging instruments	7,706		(1,109		)	6,597		—			—			6,597
Total financial assets	$	707,856	$	(501,155	)	$	206,701	$	(200,000	)	$	—		$	6,701
Financial liabilities:
Repurchase agreements	$	500,046	$	(500,046	)	$	—	$	—		$	—		$	—
Derivatives not designated as hedging instruments	49,404		(1,109		)	48,295		(10,964		)	(32,187		)	5,144
Total financial liabilities	$	549,450	$	(501,155	)	$	48,295	$	(10,964	)	$	(32,187	)	$	5,144
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