OFFSETTING OF ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2013

Offsetting of Assets and Liabilities

The following tables present the offsetting of assets and liabilities as of September 30, 2013:


		Gross and Net Amounts of Assets Presented in the Statement of Financial Condition				Gross Amounts Not Offset in the Statement of Financial Condition
						Financial Instruments				Cash Collateral Received				Net Amount
Assets
Freestanding Derivatives		$	46,035			$	2,629			$	30,743			$	12,663
Reverse Repurchase Agreements			95,977				95,761				—				216

Total		$	142,012			$	98,390			$	30,743			$	12,879


		Gross and Net Amounts of Liabilities Presented in the Statement of Financial Condition				Gross Amounts Not Offset in the Statement of Financial Condition								Net Amount
						Financial Instruments				Cash Collateral Pledged				Net Amount
Liabilities
Freestanding Derivatives		$	10,605			$	2,629			$	7,976			$	—
Repurchase Agreements			68,505				68,449				—				56

Total		$	79,110			$	71,078			$	7,976			$	56

The following tables present the offsetting of assets and liabilities as of December 31, 2012:


		Gross and Net Amounts of Assets Presented in the Statement of Financial Condition				Gross Amounts Not Offset in the Statement of Financial Condition
						Financial Instruments				Cash Collateral Received				Net Amount
Assets
Freestanding Derivatives		$	55,344			$	3,983			$	36,748			$	14,613
Reverse Repurchase Agreements			248,018				248,018				—				—

Total		$	303,362			$	252,001			$	36,748			$	14,613


		Gross and Net Amounts of Liabilities Presented in the Statement of Financial Condition				Gross Amounts Not Offset in the Statement of Financial Condition
						Financial Instruments				Cash Collateral Pledged				Net Amount
Liabilities
Freestanding Derivatives		$	4,197			$	3,983			$	—			$	214
Repurchase Agreements			142,266				142,266				—				—

Total		$	146,463			$	146,249			$	—			$	214

Components of Other Assets

The following table presents the components of Other Assets:


		September 30, 2013				December 31, 2012
Furniture, Equipment and Leasehold Improvements, Net		$	138,433			$	142,390
Prepaid Expenses			50,933				81,498
Other Assets			76,994				97,140
Freestanding Derivatives			46,035				55,344

		$	312,395			$	376,372