XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.21.2

Disclosures About Offsetting Assets And Liabilities | 9 Months Ended
--- | ---
Sep. 30, 2021
Offsetting [Abstract] |
Disclosures About Offsetting Assets And Liabilities | NOTE 12 – Disclosures About Offsetting Assets and Liabilities The following table provides information about financial assets and derivative assets that are subject to offset as of September 30, 2021 and December 31, 2020 (in thousands):
|  | As of September 30, 2021 |
|  | Securities borrowing (1) |  |  | Reverse repurchase agreements (2) |  |  | Total |
Gross amounts of recognized assets |  | $ | 314,154 |  |  | $ | 598,535 |  |  | $ | 912,689 |
Gross amounts offset in the statement of financial condition |  |  | — |  |  |  | — |  |  |  | — |
Net amounts presented in the statement of financial condition |  |  | 314,154 |  |  |  | 598,535 |  |  |  | 912,689 |
Gross amounts not offset in the statement of financial condition: |  |  |  |  |  |  |  |  |  |  |  |
Amounts available for offset |  |  | (39,225 | ) |  |  | (10,655 | ) |  |  | (49,880 | )
Available collateral |  |  | (260,229 | ) |  |  | (584,240 | ) |  |  | (844,469 | )
Net amount |  | $ | 14,700 |  |  | $ | 3,640 |  |  | $ | 18,340 |
|  | As of December 31, 2020 |
|  | Securities borrowing (1) |  |  | Reverse repurchase agreements (2) |  |  | Total |
Gross amounts of recognized assets |  | $ | 313,131 |  |  | $ | 217,930 |  |  | $ | 531,061 |
Gross amounts offset in the statement of financial condition |  |  | — |  |  |  | — |  |  |  | — |
Net amounts presented in the statement of financial condition |  |  | 313,131 |  |  |  | 217,930 |  |  |  | 531,061 |
Gross amounts not offset in the statement of financial condition: |  |  |  |  |  |  |  |  |  |  |  |
Amounts available for offset |  |  | (46,183 | ) |  |  | (17,992 | ) |  |  | (64,175 | )
Available collateral |  |  | (244,578 | ) |  |  | (199,110 | ) |  |  | (443,688 | )
Net amount |  | $ | 22,370 |  |  | $ | 828 |  |  | $ | 23,198 |
(1) | Securities borrowing transactions are included in receivables from brokers, dealers, and clearing organizations on the consolidated statements of financial condition. See Note 3 in the notes to consolidated financial statements for additional information on receivables from brokers, dealers, and clearing organizations.
(2) | Collateral received includes securities received by our company from the counterparty. These securities are not included on the consolidated statements of financial condition unless there is an event of default. The fair value of securities pledged as collateral was $594.9 million and $217.3 million at September 30, 2021 and December 31, 2020, respectively.
The following table provides information about financial liabilities and derivative liabilities that are subject to offset as of September 30, 2021 and December 31, 2020 (in thousands):
|  | As of September 30, 2021 |
|  | Securities lending (3) |  |  | Repurchase agreements (4) |  |  | Total |
Gross amounts of recognized liabilities |  | $ | (183,564 | ) |  | $ | (195,451 | ) |  | $ | (379,015 | )
Gross amounts offset in the statement of financial condition |  |  | — |  |  |  | — |  |  |  | — |
Net amounts presented in the statement of financial condition |  |  | (183,564 | ) |  |  | (195,451 | ) |  |  | (379,015 | )
Gross amounts not offset in the statement of financial condition: |  |  |  |  |  |  |  |  |  |  |  |
Amounts available for offset |  |  | 39,225 |  |  |  | 10,655 |  |  |  | 49,880 |
Collateral pledged |  |  | 144,334 |  |  |  | 184,796 |  |  |  | 329,130 |
Net amount |  | $ | (5 | ) |  | $ | — |  |  | $ | (5 | )
|  | As of December 31, 2020 |
|  | Securities lending (3) |  |  | Repurchase agreements (4) |  |  | Total |
Gross amounts of recognized liabilities |  | $ | (145,124 | ) |  | $ | (190,955 | ) |  | $ | (336,079 | )
Gross amounts offset in the statement of financial condition |  |  | — |  |  |  | — |  |  |  | — |
Net amounts presented in the statement of financial condition |  |  | (145,124 | ) |  |  | (190,955 | ) |  |  | (336,079 | )
Gross amounts not offset in the statement of financial condition: |  |  |  |  |  |  |  |  |  |  |  |
Amounts available for offset |  |  | 46,183 |  |  |  | 17,992 |  |  |  | 64,175 |
Collateral pledged |  |  | 98,925 |  |  |  | 172,963 |  |  |  | 271,888 |
Net amount |  | $ | (16 | ) |  | $ | — |  |  | $ | (16 | )
(3) | Securities lending transactions are included in payables to brokers, dealers, and clearing organizations on the consolidated statements of financial condition. See Note 3 in the notes to consolidated financial statements for additional information on payables to brokers, dealers, and clearing organizations.
(4) | Collateral pledged includes the fair value of securities pledged by our company to the counterparty. These securities are included in the consolidated statements of financial condition unless we default. Collateral pledged by our company to the counterparty includes U.S. government agency securities, U.S. government securities, and corporate fixed income securities with market values of $200.6 million and $200.2 million at September 30, 2021 and December 31, 2020, respectively.

X
- Definition Disclosures about offsetting assets and liabilities. + References No definition available. + Details
Name: | sf_DisclosuresAboutOffsettingAssetsAndLiabilitiesTextBlock
Namespace Prefix: | sf_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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