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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Loans and accrued interest receivable $ 9,992,744 $ 13,108,204
Cash and cash equivalents:    
Cash and cash equivalents 194,518 168,112
Investments at fair value 1,160,320 1,006,810
Other investments and notes receivable, net 1,040,376 857,866
Total investments and notes receivable 2,200,696 1,864,676
Restricted cash 332,100 488,723
Restricted cash - due to customers 404,402 368,656
Accounts receivable (net of allowance for doubtful accounts of $2,877 and $4,304, respectively) 159,934 196,200
Goodwill 158,029 158,029
Intangible assets, net 36,328 44,819
Property and equipment, net 95,185 127,008
Other assets 203,817 187,957
Total assets 13,777,753 16,712,384
Liabilities:    
Bonds and notes payable 8,309,797 11,828,393
Accrued interest payable 21,046 35,391
Bank deposits 1,186,131 743,599
Other liabilities 483,193 479,387
Due to customers 478,469 425,507
Total liabilities 10,478,636 13,512,277
Commitments and contingencies
Nelnet, Inc. shareholders' equity:    
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no shares issued or outstanding 0 0
Common stock:    
Additional paid-in capital 7,389 3,096
Retained earnings 3,340,540 3,270,403
Accumulated other comprehensive earnings (loss), net 1,470 (20,119)
Total Nelnet, Inc. shareholders' equity 3,349,762 3,253,751
Noncontrolling interests (50,645) (53,644)
Total equity 3,299,117 3,200,107
Total liabilities and equity 13,777,753 16,712,384
Nonrelated Party    
Cash and cash equivalents:    
Cash and cash equivalents 48,838 34,912
Related Party    
Cash and cash equivalents:    
Cash and cash equivalents 145,680 133,200
Class A    
Common stock:    
Common stock 256 264
Class B    
Common stock:    
Common stock 107 107
Variable Interest Entity, Primary Beneficiary    
Assets:    
Loans and accrued interest receivable 9,122,609 12,676,932
Cash and cash equivalents:    
Restricted cash 287,389 451,932
Liabilities:    
Bonds and notes payable 8,452,614 12,006,170
Common stock:    
Accrued interest payable and other liabilities (88,200) (135,748)
Net assets of consolidated education and other lending variable interest entities $ 869,184 $ 986,946