XML 51 R39.htm IDEA: XBRL DOCUMENT v3.21.2
Loans Held for Investment - Additional Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Mar. 31, 2020
Dec. 31, 2019
Jul. 01, 2006
Jun. 30, 2006
Sep. 30, 1993
Accounts, Notes, Loans and Financing Receivable [Line Items]                      
Percent of private loans indexed to LIBOR 54.00%     54.00%   55.00%          
Tier 1 of government guarantee (at least) 97.00%     97.00%         97.00%    
Tier 2 of government guarantee                   98.00%  
Tier 3 of government guarantee                     100.00%
Gain from sale $ 3,679   $ (369) $ 402,790 $ 238,566            
Proceeds from sale of loans receivable       3,190,000              
Net proceeds from sales of loans held for investment, principal 25,000 $ 2,970,000   2,990,000              
Net proceeds from sales of loans held for investment, capitalized interest 2,000 193,000   $ 195,000              
Estimated weighted average life of student loans       4 years 6 months   5 years 4 months 24 days          
Allowance for credit losses on loans and leases $ 1,160,244 $ 1,179,021 $ 1,929,323 $ 1,160,244 $ 1,929,323 $ 1,361,723 $ 1,673,324 $ 441,912      
Interest rate offered to borrowers facing financial difficulty 4.00%     4.00%              
Interest rate offered to borrowers facing financial difficulty, period       2 years              
Loans currently in repayment status that were subject to interest rate reductions 9.00%     9.00%   7.80%          
Minimum                      
Accounts, Notes, Loans and Financing Receivable [Line Items]                      
Loans expected to have accelerated default rates and increases to loan life       4.00%              
Maximum                      
Accounts, Notes, Loans and Financing Receivable [Line Items]                      
Interest rate offered to borrowers facing financial difficulty 4.00%     4.00%              
Loans expected to have accelerated default rates and increases to loan life       14.00%