XML 90 R80.htm IDEA: XBRL DOCUMENT v3.23.3
Derivative Instruments (Narrative) (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Dec. 31, 2022
Dec. 31, 2020
Derivative [Line Items]      
Derivative, Notional Amount $ 5,027,916 $ 3,742,521  
Derivative Asset [1] $ 112,182 60,492  
Interest Rate Floor [Member]      
Derivative [Line Items]      
Derivative, Description of Terms As of September 30, 2023, the Company held four interest rate floors indexed to 1-month SOFR to hedge the risk of declining interest rates on certain floating rate commercial loans. The floors have a combined notional value of $2.0 billion and are forward-starting. Each of the four interest rate floors has a six-year term and a notional amount of $500.0 million. In the event that the index rate falls below zero, the maximum rate that the Company can earn on the notional amount of each floor is limited to the strike rate.    
Derivative, Notional Amount $ 2,000,000 1,000,000  
Derivative, Premium Paid $ 90,200    
Maximum Length of Time Hedged in Interest Rate Cash Flow Hedge 7 years    
Unrealized gain (loss) on interest rate cash flow hedges, net of tax, amount recorded in accumulated other comprehensive income $ 30,100    
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months 10,800    
Monetized Interest Rate Floor [Member]      
Derivative [Line Items]      
Derivative, Notional Amount     $ 1,500,000
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months 22,600    
Derivative Asset     $ 163,200
Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred $ 57,100    
Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimate of Time to Transfer 3 years 2 months 12 days    
Interest rate swaps      
Derivative [Line Items]      
Derivative, Notional Amount $ 2,199,242 1,981,821  
Variation Margin Impact to Positive Fair Values of Cleared Swaps 0 $ (27,800)  
August 2023 Interest Rate Floors      
Derivative [Line Items]      
Derivative, Premium Paid 28,500    
February 23, 2023      
Derivative [Line Items]      
Derivative, Premium Paid $ 25,900    
[1] * The fair value of each class of derivative is shown in Note 11.