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Interest Income and Interest Expense (Tables) | 9 Months Ended
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Sep. 30, 2022
Banking and Thrift, Interest [Abstract] |
Components of Interest Income and Interest Expense | The components of interest income and interest expense are as follows (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Interest income: |  |  |  |  |  |  |  |  |  |  |  |
Loans held for investment, net |  | $ | 208,366 |  |  | $ | 95,075 |  |  | $ | 480,054 |  |  | $ | 274,693 |
Investment securities |  |  | 71,420 |  |  |  | 34,247 |  |  |  | 151,728 |  |  |  | 95,738 |
Margin balances |  |  | 12,510 |  |  |  | 6,624 |  |  |  | 28,154 |  |  |  | 19,001 |
Financial instruments owned |  |  | 3,564 |  |  |  | 3,581 |  |  |  | 13,041 |  |  |  | 9,019 |
Other |  |  | 8,335 |  |  |  | 2,317 |  |  |  | 9,407 |  |  |  | 4,524 |
|  | $ | 304,195 |  |  | $ | 141,844 |  |  | $ | 682,384 |  |  | $ | 402,975 |
Interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Senior notes |  | $ | 11,220 |  |  | $ | 11,850 |  |  | $ | 33,919 |  |  | $ | 35,924 |
Bank deposits |  |  | 43,371 |  |  |  | 1,111 |  |  |  | 47,899 |  |  |  | 3,608 |
Other |  |  | 5,165 |  |  |  | (2,938 | ) |  |  | 4,729 |  |  |  | (891 | )
|  | $ | 59,756 |  |  | $ | 10,023 |  |  | $ | 86,547 |  |  | $ | 38,641 |

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- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
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