XML 88 R45.htm IDEA: XBRL DOCUMENT v3.19.3
Bonds and Notes Payable - Outstanding Debt Obligations (Details) - USD ($)
$ in Thousands
Sep. 30, 2019
Jan. 01, 2019
Dec. 31, 2018
Debt Instrument [Line Items]      
Bonds and notes payable $ 20,910,190 $ 22,185,558 $ 22,218,740
Discount on bonds and notes payable and debt issuance costs (284,468)   (318,359)
Warehouse facilities | FFELP warehouse facilities      
Debt Instrument [Line Items]      
Bonds and notes payable 739,448   986,886
Unsecured line of credit      
Debt Instrument [Line Items]      
Bonds and notes payable 0   310,000
Unsecured debt - Junior Subordinated Hybrid Securities      
Debt Instrument [Line Items]      
Bonds and notes payable $ 20,381   $ 20,381
Interest rate range 5.46%   6.17%
Other borrowings      
Debt Instrument [Line Items]      
Bonds and notes payable $ 45,465   $ 120,342
Bonds and notes payable, gross      
Debt Instrument [Line Items]      
Bonds and notes payable 21,194,658   22,537,099
Federally insured | Bonds and notes based on indices      
Debt Instrument [Line Items]      
Bonds and notes payable 18,961,410   20,192,123
Federally insured | Bonds and notes based on auction      
Debt Instrument [Line Items]      
Bonds and notes payable 773,726   793,476
Federally insured | Fixed rate bonds and notes      
Debt Instrument [Line Items]      
Bonds and notes payable 374,500    
Federally insured | Variable-rate bonds and notes      
Debt Instrument [Line Items]      
Bonds and notes payable 19,735,136   20,985,599
Consumer loan | Warehouse facilities      
Debt Instrument [Line Items]      
Bonds and notes payable $ 144,022    
Interest rate range 2.23%    
Private education | Fixed rate bonds and notes      
Debt Instrument [Line Items]      
Bonds and notes payable $ 53,368   63,171
Private education | Variable-rate bonds and notes      
Debt Instrument [Line Items]      
Bonds and notes payable $ 82,338   $ 50,720
Interest rate range     4.26%
Minimum | Warehouse facilities | FFELP warehouse facilities      
Debt Instrument [Line Items]      
Interest rate range 2.22%   2.65%
Minimum | Unsecured line of credit      
Debt Instrument [Line Items]      
Interest rate range     3.92%
Minimum | Other borrowings      
Debt Instrument [Line Items]      
Interest rate range 2.77%   3.05%
Minimum | Federally insured | Bonds and notes based on indices      
Debt Instrument [Line Items]      
Interest rate range 2.20%   2.59%
Minimum | Federally insured | Bonds and notes based on auction      
Debt Instrument [Line Items]      
Interest rate range 3.02%   2.84%
Minimum | Federally insured | Fixed rate bonds and notes      
Debt Instrument [Line Items]      
Interest rate range 2.53%    
Minimum | Private education | Fixed rate bonds and notes      
Debt Instrument [Line Items]      
Interest rate range 3.60%   3.60%
Minimum | Private education | Variable-rate bonds and notes      
Debt Instrument [Line Items]      
Interest rate range 3.40%    
Maximum | Warehouse facilities | FFELP warehouse facilities      
Debt Instrument [Line Items]      
Interest rate range 2.26%   2.71%
Maximum | Unsecured line of credit      
Debt Instrument [Line Items]      
Interest rate range     4.01%
Maximum | Other borrowings      
Debt Instrument [Line Items]      
Interest rate range 3.85%   5.22%
Maximum | Federally insured | Bonds and notes based on indices      
Debt Instrument [Line Items]      
Interest rate range 3.81%   4.52%
Maximum | Federally insured | Bonds and notes based on auction      
Debt Instrument [Line Items]      
Interest rate range 3.84%   3.55%
Maximum | Federally insured | Fixed rate bonds and notes      
Debt Instrument [Line Items]      
Interest rate range 3.45%    
Maximum | Private education | Fixed rate bonds and notes      
Debt Instrument [Line Items]      
Interest rate range 5.35%   5.35%
Maximum | Private education | Variable-rate bonds and notes      
Debt Instrument [Line Items]      
Interest rate range 3.77%