XML 23 R12.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Financial Assets And Financial Liabilities | 6 Months Ended
--- | ---
Jun. 30, 2016
Financial Assets And Financial Liabilities [Abstract] |
Financial Assets And Financial Liabilities | 6. Financial Assets and Financial Liabilities Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis The following tables set forth, by level within the fair value hierarchy (see Note 2), financial assets and liabilities, measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015. As required by ASC Topic 820, financial assets and financial liabilities are classified in their entirety based on the lowest level of input that is significant to the respective fair value measurement. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Financial Assets At Fair Value as of June 30, 2016
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Securities segregated for regulatory purposes |  | $ | 14,753 |  | $ | — |  | $ | — |  | $ | 14,753
﻿Financial instruments owned |  |  |  |  |  |  |  |  |  |  |  |
﻿Stocks |  |  | 1,943 |  |  | — |  |  | — |  |  | 1,943
﻿Options |  |  | 1,742 |  |  | — |  |  | — |  |  | 1,742
﻿Warrants and discount certificates |  |  | 52 |  |  | — |  |  | — |  |  | 52
﻿U.S. and foreign government securities |  |  | 490 |  |  | — |  |  | — |  |  | 490
﻿Corporate and municipal bonds |  |  | — |  |  | 3 |  |  | — |  |  | 3
﻿Currency forward contracts |  |  | — |  |  | 24 |  |  | — |  |  | 24
﻿Total financial instruments owned, at fair value |  |  | 4,227 |  |  | 27 |  |  | — |  |  | 4,254
﻿Total financial assets at fair value |  | $ | 18,980 |  | $ | 27 |  | $ | — |  | $ | 19,007
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Financial Liabilities At Fair Value as of June 30, 2016
﻿ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Financial instruments sold, but not yet purchased, at fair value |  |  |  |  |  |  |  |  |  |  |  |
﻿Stocks |  | $ | 1,567 |  | $ | — |  | $ | — |  | $ | 1,567
﻿Options |  |  | 1,296 |  |  | — |  |  | — |  |  | 1,296
﻿Warrants and discount certificates |  |  | 2 |  |  | — |  |  | — |  |  | 2
﻿Currency forward contracts |  |  | — |  |  | 9 |  |  | — |  |  | 9
﻿Total financial instruments sold, but not yet purchased, at fair value |  |  | 2,865 |  |  | 9 |  |  | — |  |  | 2,874
﻿Total financial liabilities at fair value |  | $ | 2,865 |  | $ | 9 |  | $ | — |  | $ | 2,874
﻿ ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Financial Assets At Fair Value as of December 31, 2015
﻿ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Securities segregated for regulatory purposes |  | $ | 15,214 |  | $ | — |  | $ | — |  | $ | 15,214
﻿Financial instruments owned, at fair value |  |  |  |  |  |  |  |  |  |  |  |
﻿Stocks |  |  | 1,650 |  |  | — |  |  | — |  |  | 1,650
﻿Options |  |  | 1,156 |  |  | — |  |  | — |  |  | 1,156
﻿Warrants and discount certificates |  |  | 81 |  |  | — |  |  | — |  |  | 81
﻿U.S. and foreign government securities |  |  | 527 |  |  | — |  |  | — |  |  | 527
﻿Corporate and municipal bonds |  |  | — |  |  | 3 |  |  | — |  |  | 3
﻿Currency forward contracts |  |  | — |  |  | 3 |  |  | — |  |  | 3
﻿Total financial instruments owned, at fair value |  |  | 3,414 |  |  | 6 |  |  | — |  |  | 3,420
﻿Total financial assets at fair value |  | $ | 18,628 |  | $ | 6 |  | $ | — |  | $ | 18,634
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Financial Liabilities At Fair Value as of December 31, 2015
﻿ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Financial instruments sold, but not yet purchased, at fair value |  |  |  |  |  |  |  |  |  |  |  |
﻿Stocks |  | $ | 1,565 |  | $ | — |  | $ | — |  | $ | 1,565
﻿Options |  |  | 1,042 |  |  | — |  |  | — |  |  | 1,042
﻿Warrants and discount certificates |  |  | 1 |  |  | — |  |  | — |  |  | 1
﻿Currency forward contracts |  |  | — |  |  | 9 |  |  | — |  |  | 9
﻿Total financial instruments sold, but not yet purchased, at fair value |  |  | 2,608 |  |  | 9 |  |  | — |  |  | 2,617
﻿Total financial liabilities at fair value |  | $ | 2,608 |  | $ | 9 |  | $ | — |  | $ | 2,617
Transfers between Level 1 and Level 2 Transfers of financial assets and financial liabilities at fair value to or from Levels 1 and 2 arise where the market for a specific financial instrument has become active or inactive during the period. The fair values transferred are ascribed as if the financial assets or financial liabilities had been transferred as of the end of the period. During the six months ended June 30, 2016 and 2015, there were no transfers between levels for financial assets and liabilities, at fair value. Trading Gains from Market Making Transactions Trading gains and losses from market making transactions reported in the statements of comprehensive income, by major product type, are comprised of: ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Three Months Ended June 30, |  | Six Months Ended June 30,
﻿ |  | 2016 |  | 2015 |  | 2016 |  | 2015
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Equities |  | $ | 35 |  | $ | 70 |  | $ | 85 |  | $ | 121
﻿Fixed income |  |  | — |  |  | — |  |  | — |  |  | —
﻿Foreign exchange |  |  | (1) |  |  | (3) |  |  | 1 |  |  | 8
﻿Total trading gains, net |  | $ | 34 |  | $ | 67 |  | $ | 86 |  | $ | 129
﻿ These transactions are related to the Company’s financial instruments owned and financial instruments sold, but not yet purchased, at fair value and include both derivative and non‑derivative financial instruments, including exchange traded options and futures. These gains and losses also include market making related dividend and fixed income trading related interest income and expense. The gains in the table above are not representative of the integrated trading strategies applied by the Company, which utilizes financial instruments across various product types. Gains and losses in one product type frequently offset gains and losses in other product types. Financial Assets and Liabilities Not Measured at Fair Value The following table represents the carrying value, fair value, and fair value hierarchy category of certain financial assets and liabilities that are not recorded at fair value in the Company's condensed consolidated statements of financial condition. The following table excludes certain financial instruments such as equity investments and all non-financial assets and liabilities. ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | June 30, 2016
﻿ |  | Carrying Value |  | Fair Value |  | Level 1 |  | Level 2 |  | Level 3
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Financial assets, not measured at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Cash and cash equivalents |  | $ | 1,443 |  | $ | 1,443 |  | $ | 1,443 |  | $ | - |  | $ | -
﻿Cash and securities segregated for regulatory purposes |  |  | 10,504 |  |  | 10,504 |  |  | 5,891 |  |  | 4,613 |  |  | -
﻿Securities borrowed |  |  | 3,760 |  |  | 3,760 |  |  | - |  |  | 3,760 |  |  | -
﻿Securities purchased under agreements to resell |  |  | 113 |  |  | 113 |  |  | - |  |  | 113 |  |  | -
﻿Receivables from customer |  |  | 15,137 |  |  | 15,137 |  |  | - |  |  | 15,137 |  |  | -
﻿Receivables from broker, dealers, and clearing organizations |  |  | 1,351 |  |  | 1,351 |  |  | - |  |  | 1,351 |  |  | -
﻿Interest receivable |  |  | 58 |  |  | 58 |  |  | - |  |  | 58 |  |  | -
﻿Other assets |  |  | 29 |  |  | 31 |  |  | - |  |  | 31 |  |  | -
﻿Total financial assets, not measured at fair value |  | $ | 32,395 |  | $ | 32,397 |  | $ | 7,334 |  | $ | 25,063 |  | $ | —
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Financial liabilities, not measured at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Short-term borrowings |  | $ | 8 |  | $ | 8 |  | $ | - |  | $ | 8 |  | $ | -
﻿Securities loaned |  |  | 3,270 |  |  | 3,270 |  |  | - |  |  | 3,270 |  |  | -
﻿Payables to customer |  |  | 39,319 |  |  | 39,319 |  |  | - |  |  | 39,319 |  |  | -
﻿Payables to brokers, dealers and clearing organizations |  |  | 286 |  |  | 286 |  |  | - |  |  | 286 |  |  | -
﻿Interest payable |  |  | 4 |  |  | 4 |  |  | - |  |  | 4 |  |  | -
﻿Total financial liabilities, not measured at fair value |  | $ | 42,887 |  | $ | 42,887 |  | $ | - |  | $ | 42,887 |  | $ | -
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | December 31, 2015
﻿ |  | Carrying Value |  | Fair Value |  | Level 1 |  | Level 2 |  | Level 3
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Financial assets, not measured at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Cash and cash equivalents |  | $ | 1,601 |  | $ | 1,601 |  | $ | 1,601 |  | $ | - |  | $ | -
﻿Cash and securities segregated for regulatory purposes |  |  | 6,095 |  |  | 6,095 |  |  | 5,533 |  |  | 562 |  |  | -
﻿Securities borrowed |  |  | 3,924 |  |  | 3,924 |  |  | - |  |  | 3,924 |  |  | -
﻿Securities purchased under agreements to resell |  |  | 195 |  |  | 195 |  |  | - |  |  | 195 |  |  | -
﻿Receivables from customer |  |  | 17,050 |  |  | 17,050 |  |  | - |  |  | 17,050 |  |  |
﻿Receivables from broker, dealers, and clearing organizations |  |  | 692 |  |  | 692 |  |  | - |  |  | 692 |  |  | -
﻿Interest receivable |  |  | 63 |  |  | 63 |  |  | - |  |  | 63 |  |  | -
﻿Other assets |  |  | 28 |  |  | 31 |  |  | - |  |  | 31 |  |  | -
﻿Total financial assets, not measured at fair value |  | $ | 29,648 |  | $ | 29,651 |  | $ | 7,134 |  | $ | 22,517 |  | $ | —
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ ﻿ ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Financial liabilities, not measured at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Securities loaned |  | $ | 2,894 |  | $ | 2,894 |  | $ | - |  | $ | 2,894 |  | $ | -
﻿Payables to customer |  |  | 37,084 |  |  | 37,084 |  |  | - |  |  | 37,084 |  |  | -
﻿Payables to brokers, dealers and clearing organizations |  |  | 423 |  |  | 423 |  |  | - |  |  | 423 |  |  | -
﻿Interest payable |  |  | 3 |  |  | 3 |  |  | - |  |  | 3 |  |  | -
﻿Total financial liabilities, not measured at fair value |  | $ | 40,404 |  | $ | 40,404 |  | $ | — |  | $ | 40,404 |  | $ | —
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ Netting of Financial Assets and Financial Liabilities ﻿ It is the Company’s policy to net securities borrowed and securities loaned, and securities purchased under agreements to resell and securities sold under agreements to repurchase that meet the offsetting requirements prescribed in ASC Topic 210-20. In the tables below, the amounts of financial instruments that are not offset in the condensed consolidated statements of financial condition, but could be netted against cash or financial instruments with specific counterparties under master netting agreements, according to the terms of the agreements, including clearing houses (exchange traded options, warrants and discount certificates) or over the counter currency forward contract counterparties, are presented to provide financial statement readers with the Company’s net payable or receivable with counterparties for these financial instruments. ﻿ The following tables sets forth the netting of financial assets and of financial liabilities as of June 30, 2016 and December 31, 2015. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | June 30, 2016 |  |  |  |  |  |
﻿ |  | Gross |  | Amounts |  |  | Net Amounts |  | Amounts Not Offset |  |  |
﻿ |  | Amounts |  | Offset in the |  |  | Presented in |  | in the Condensed |  |  |
﻿ |  | of Financial |  | Condensed |  |  | Condensed |  | Consolidated Statement |  |  |
﻿ |  | Assets and |  | Consolidated |  |  | Consolidated |  | of Financial Condition |  |  |
﻿ |  | Liabilities |  | Statement of |  |  | Statement of |  | Cash or Financial |  |  |
﻿ |  | Recognized |  | Financial Condition | 2 |  | Financial Condition |  | Instruments |  | Net Amount
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Offsetting of Financial Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Securities segregated for regulatory purposes - purchased under agreements to resell |  | $ | 4,613 | 1 |  | $ | — |  |  | $ | 4,613 |  | $ | (4,613) |  | $ | —
﻿Securities borrowed |  |  | 3,760 |  |  |  | — |  |  |  | 3,760 |  |  | (3,644) |  |  | 116
﻿Securities purchased under agreements to resell |  |  | 113 |  |  |  | — |  |  |  | 113 |  |  | (113) |  |  | —
﻿Financial Instruments owned, at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Options |  |  | 1,742 |  |  |  | — |  |  |  | 1,742 |  |  | (1,219) |  |  | 523
﻿Warrants and discount certificates |  |  | 52 |  |  |  | — |  |  |  | 52 |  |  | (2) |  |  | 50
﻿Currency forward contracts |  |  | 24 |  |  |  | — |  |  |  | 24 |  |  | — |  |  | 24
﻿Total |  | $ | 10,304 |  |  | $ | — |  |  | $ | 10,304 |  | $ | (9,591) |  | $ | 713
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Offsetting of Financial Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Securities loaned |  | $ | 3,270 |  |  | $ | — |  |  | $ | 3,270 |  | $ | (3,168) |  | $ | 102
﻿Financial instruments sold, but not yet purchased, at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Options |  |  | 1,296 |  |  |  | — |  |  |  | 1,296 |  |  | (1,219) |  |  | 77
﻿Warrants and discount certificates |  |  | 2 |  |  |  | — |  |  |  | 2 |  |  | (2) |  |  | —
﻿Currency forward contracts |  |  | 9 |  |  |  | — |  |  |  | 9 |  |  | — |  |  | 9
﻿Total |  | $ | 4,577 |  |  | $ | — |  |  | $ | 4,577 |  | $ | (4,389) |  | $ | 188
﻿ ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | December 31, 2015 |  |  |  |  |  |
﻿ |  |  | Gross | Amounts |  |  | Net Amounts |  | Amounts Not Offset |  |  |
﻿ |  |  | Amounts | Offset in the |  |  | Presented in |  | in the Condensed |  |  |
﻿ |  |  | of Financial | Condensed |  |  | Condensed |  | Consolidated Statement |  |  |
﻿ |  |  | Assets and | Consolidated |  |  | Consolidated |  | of Financial Condition |  |  |
﻿ |  |  | Liabilities | Statement of |  |  | Statement of |  | Cash or Financial |  |  |
﻿ |  |  | Recognized | Financial Condition | 2 |  | Financial Condition |  | Instruments |  | Net Amount
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Offsetting of Financial Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Securities segregated for regulatory purposes - purchased under agreements to resell |  | $ | 562 | 1 |  | $ | — |  |  | $ | 562 |  | $ | (562) |  | $ | —
﻿Securities borrowed |  |  | 3,924 |  |  |  | — |  |  |  | 3,924 |  |  | (3,816) |  |  | 108
﻿Securities purchased under agreements to resell |  |  | 195 |  |  |  | — |  |  |  | 195 |  |  | (195) |  |  | —
﻿Financial Instruments owned, at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Options |  |  | 1,156 |  |  |  | — |  |  |  | 1,156 |  |  | (1,032) |  |  | 124
﻿Warrants and discount certificates |  |  | 81 |  |  |  | — |  |  |  | 81 |  |  | (1) |  |  | 80
﻿Currency forward contracts |  |  | 3 |  |  |  | — |  |  |  | 3 |  |  | — |  |  | 3
﻿Total |  | $ | 5,921 |  |  | $ | — |  |  | $ | 5,921 |  | $ | (5,606) |  | $ | 315
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Offsetting of Financial Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Securities loaned |  | $ | 2,894 |  |  | $ | — |  | $ | 2,894 |  | $ | (2,773) |  | $ | 121
﻿Financial instruments sold, but not yet purchased, at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Options |  |  | 1,042 |  |  |  | — |  |  | 1,042 |  |  | (1,032) |  |  | 10
﻿Warrants and discount certificates |  |  | 1 |  |  |  | — |  |  | 1 |  |  | (1) |  |  | —
﻿Currency forward contracts |  |  | 9 |  |  |  | — |  |  | 9 |  |  | — |  |  | 9
﻿Total |  | $ | 3,946 |  |  | $ | — |  | $ | 3,946 |  | $ | (3,806) |  | $ | 140
﻿ ﻿
| (1) |  | As of June 30, 2016 and December 31, 2015, the Company had $4.6 billion and $0.6 billion, respectively, of securities purchased under agreements to resell that were segregated to satisfy regulatory requirements. These securities are included in “Cash and securities - segregated for regulatory purposes” in the condensed consolidated statements of financial condition.
| (2) |  | The Company did not have any balances eligible for netting in accordance with ASC Topic 210-20 at June 30, 2016 and December 31, 2015.
﻿ Secured Financing Transactions – Maturities and Collateral Pledged ﻿ The following table presents gross obligations for securities loaned transactions by remaining contractual maturity and class of collateral pledged. ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | June 30, 2016
﻿ |  | Remaining Contractual Maturity
﻿ |  | Overnight |  | Less than |  | 30 – 90 |  | Over 90 |  |  |
﻿ |  | and Open |  | 30 days |  | days |  | days |  | Total
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Securities Loaned |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ Stocks |  | $ | 3,248 |  | $ | - |  | $ | - |  | $ | - |  | $ | 3,248
﻿ Corporate bonds |  |  | 22 |  |  | - |  |  | - |  |  | - |  |  | 22
﻿Total |  | $ | 3,270 |  | $ | - |  | $ | - |  | $ | - |  | $ | 3,270
﻿ ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | December 31, 2015
﻿ |  | Remaining Contractual Maturity
﻿ |  | Overnight |  | Less than |  | 30 – 90 |  | Over 90 |  |  |
﻿ |  | and Open |  | 30 days |  | days |  | days |  | Total
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | (in millions)
﻿Securities Loaned |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ Stocks |  | $ | 2,873 |  | $ | - |  | $ | - |  | $ | - |  | $ | 2,873
﻿ Corporate bonds |  |  | 21 |  |  | - |  |  | - |  |  | - |  |  | 21
﻿Total |  | $ | 2,894 |  | $ | - |  | $ | - |  | $ | - |  | $ | 2,894
﻿ ﻿

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13537-108611 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13504-108611 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13433-108611 + Details
Name: | us-gaap_FairValueDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration