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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Statement of Cash Flows [Abstract]    
Net income attributable to Nelnet, Inc. $ 99,423 $ 206,287
Net income (loss) attributable to noncontrolling interests 38 (438)
Net income 99,461 205,849
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisition:    
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs 142,519 136,816
Loan discount accretion (27,554) (31,315)
Provision for loan losses 26,000 18,000
Derivative market value adjustments 73,265 (49,909)
Payments from termination of derivative instruments, net (13,940) 0
(Payments to) proceeds from clearinghouse - initial and variation margin, net (59,967) 46,418
Loss on extinguishment of debt 15,815 0
Gain from sale of loans (1,712) 0
Gain from debt repurchases (136) (359)
Gain from investments and notes receivable, net (4,891) (9,106)
Deferred income tax (benefit) expense (9,592) 23,574
Non-cash compensation expense 4,948 4,781
Impairment expense 0 3,907
Other (141) (30)
Increase in accrued interest receivable (57,864) (193,926)
Increase in accounts receivable (7,637) (15,328)
(Increase) decrease in other assets (21,976) 49,255
(Decrease) increase in accrued interest payable (9,334) 10,619
Increase (decrease) in other liabilities 56,023 (7,159)
(Decrease) increase in due to customers (60,369) 1,470
Net cash provided by operating activities 142,918 193,557
Cash flows from investing activities, net of acquisition:    
Purchases of loans (1,360,873) (3,187,434)
Purchases of loans from a related party (32,580) (44,522)
Net proceeds from loan repayments, claims, capitalized interest, and other 2,628,156 2,484,596
Proceeds from sale of loans 42,215 23,712
Purchases of available-for-sale securities (1,010) (38,064)
Proceeds from sales of available-for-sale securities 169 58,594
Purchases of investments and issuance of notes receivable (70,600) (49,216)
Proceeds from investments and notes receivable 54,819 21,461
Purchases of property and equipment (67,681) (96,480)
Business acquisition, net of cash and restricted cash acquired 0 (109,152)
Net cash provided by (used in) investing activities 1,192,615 (936,505)
Cash flows from financing activities:    
Payments on bonds and notes payable (3,718,851) (2,149,449)
Proceeds from issuance of bonds and notes payable 2,410,363 3,004,848
Payments of debt issuance costs (10,527) (10,953)
Payment of debt extinguishment costs (14,030) 0
Dividends paid (21,546) (19,539)
Repurchases of common stock (40,262) (16,520)
Proceeds from issuance of common stock 1,171 993
Acquisition of noncontrolling interest 0 (13,449)
Issuance of noncontrolling interests 4,138 768
Distribution to noncontrolling interests (173) (351)
Net cash (used in) provided by financing activities (1,389,717) 796,348
Net (decrease) increase in cash, cash equivalents, and restricted cash (54,184) 53,400
Cash, cash equivalents, and restricted cash, beginning of period 1,192,391 942,066
Cash, cash equivalents, and restricted cash, end of period 1,138,207 995,466
Supplemental disclosures of cash flow information:    
Cash disbursements made for interest 518,557 425,782
Cash disbursements (refunds received) for income taxes, net 14,820 (6,491)
Noncash investing and financing activity:    
Receipt of beneficial interest in consumer loan securitization 7,921 0
Distribution to noncontrolling interest $ 3,805 $ 0