XML 72 R59.htm IDEA: XBRL DOCUMENT v3.25.1
Fair Value Disclosures - Narrative (Details) - USD ($)
$ in Thousands
3 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Nov. 30, 2024
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3 $ 52,500 $ 11,200  
Transfers of assets from Level 3 to Level 2 96,600 59,400  
Transfers of liabilities from Level 2 to Level 3 22,100 31,600  
Transfers of liabilities from Level 3 to Level 2 53,700 24,600  
Net losses on Level 3 assets (realized and unrealized) (5,400) (17,900)  
Net gains on Level 3 liabilities (realized and unrealized) 72,900 (11,900)  
Value of asset excluded from significant unobservable inputs 21,900   $ 23,900
Value of liability excluded from significant unobservable inputs 4,000   2,700
Aggregate fair value of loans and other receivables on nonaccrual status and/or 90 days or greater past due 113,400   126,900
Loan and other receivables greater than 90 days past due 111,000   120,000
Equity securities without readily determinable fair value 21,900   $ 21,900
Impairment 0 0  
Monashee      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Equity method investments   21,900  
Loans and other receivables      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3 24,800 6,500  
Transfers of assets from Level 3 to Level 2 38,700 20,200  
Net losses on Level 3 assets (realized and unrealized) (949) (15,592)  
Corporate equity securities      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3 20,500 1,300  
Transfers of assets from Level 3 to Level 2 51,000 9,100  
Net losses on Level 3 assets (realized and unrealized) 2,864 (197)  
Net gains on Level 3 liabilities (realized and unrealized) 72 7  
Collateralized debt obligations and collateralized loan obligations      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3 5,700    
Net losses on Level 3 assets (realized and unrealized) (4,646) 11,121  
Corporate debt securities      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3   1,700  
Transfers of assets from Level 3 to Level 2 4,200 13,000  
Net losses on Level 3 assets (realized and unrealized) (1,002) 846  
Net gains on Level 3 liabilities (realized and unrealized) 40 0  
Other ABS      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3   1,700  
Transfers of assets from Level 3 to Level 2 2,300 2,200  
Net losses on Level 3 assets (realized and unrealized) (1,889) (3,165)  
Net derivatives      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of liabilities from Level 2 to Level 3 13,200 15,400  
Transfers of liabilities from Level 3 to Level 2 14,500 9,700  
Net gains on Level 3 liabilities (realized and unrealized) 16,020 4,833  
Structured Notes      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of liabilities from Level 2 to Level 3 8,600 16,100  
Transfers of liabilities from Level 3 to Level 2 39,100 14,900  
Residential mortgage-backed securities      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 3 to Level 2   14,600  
Net losses on Level 3 assets (realized and unrealized) (167) $ (202)  
Net gains on Level 3 liabilities (realized and unrealized) $ 0