XML 33 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Fair Value of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables present the fair value of assets and liabilities measured at fair value on a recurring basis as of September 30, 2017 and December 31, 2016 (dollars in thousands):

		As of September 30, 2017
		Fair Value Measured and Recorded Using
		Level 1				Level 2				Level 3				Total
Assets
Available for sale securities:
Debt securities:
U.S. treasury securities		$	2,349			$	—			$	—			$	2,349
Debt securities issued by U.S.    federal agencies			—				5,169				—				5,169
Corporate debt securities			—				22,134				—				22,134
Asset-backed securities			—				3,600				—				3,600
Collateralized mortgage    obligations			—				2,684				—				2,684
Total debt securities			2,349				33,587				—				35,936
Equity securities			27,693				—				—				27,693
Total available for sale    securities			30,042				33,587				—				63,629
Trading securities			68,744				—				—				68,744
Warehouse receivables			—				1,434,910				—				1,434,910
Total assets at fair value		$	98,786			$	1,468,497			$	—			$	1,567,283
Liabilities
Interest rate swaps		$	—			$	6,601			$	—			$	6,601
Securities sold, not yet purchased			2,246				—				—				2,246
Foreign currency exchange forward    contracts			—				75				—				75
Total liabilities at fair value		$	2,246			$	6,676			$	—			$	8,922

		As of December 31, 2016
		Fair Value Measured and Recorded Using
		Level 1				Level 2				Level 3				Total
Assets
Available for sale securities:
Debt securities:
U.S. treasury securities		$	8,485			$	—			$	—			$	8,485
Debt securities issued by U.S.    federal agencies			—				5,046				—				5,046
Corporate debt securities			—				17,094				—				17,094
Asset-backed securities			—				2,695				—				2,695
Collateralized mortgage    obligations			—				1,010				—				1,010
Total debt securities			8,485				25,845				—				34,330
Equity securities			22,744				—				—				22,744
Total available for sale    securities			31,229				25,845				—				57,074
Trading securities			52,629				—				—				52,629
Warehouse receivables			—				1,276,047				—				1,276,047
Foreign currency exchange forward    contracts			—				1,471				—				1,471
Total assets at fair value		$	83,858			$	1,303,363			$	—			$	1,387,221
Liabilities
Interest rate swaps		$	—			$	13,162			$	—			$	13,162
Securities sold, not yet purchased			3,591				—				—				3,591
Total liabilities at fair value		$	3,591			$	13,162			$	—			$	16,753

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

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration