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Offset of Assets/Liabilities | 9 Months Ended
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Sep. 30, 2014
Offsetting [Abstract] |
Balance sheet Offsetting [Text Block] | NOTE 1 1 – OFFSETTING OF FINANCIAL ASSETS AND LIABILITIES The Company's derivatives are subject to agreements which allow a right of set-off with each respective c ounterparty. In addition, the Company's securities purchased under agreements to resell and securities sold under agreements to repurchase have a right of set-off with the respective counterparty under the supplemental terms of the master repurchase a greements. In an event of default, each party has a right of set-off against the other party for amounts owed in the related agreements and any other amount or obligation owed in respect of any other agreement or transaction between them. Security collateral posted to open and maintain a master netting agreement with a counterparty, in the form of cash and securities, may from time to time be segregated in an account at a third-party cus todian pursuant to a an account control a greement. The following table presents the potential effect of rights of set-off associated with the Company's recognized financial as sets and liabilities at September 30, 2014 and December 31, 201 3:
September 30, 2014
|  |  |  |  |  |  |  |  |  |  | Gross Amounts Not Offset in the Statement of Financial Condition |  |
|  |  |  | Gross Amounts |  | Net Amount of |  |  |  |  |  |
|  |  |  | Offset in the |  | Assets Presented |  |  |  |  |  |
|  | Gross Amount |  | Statement of |  | in Statement |  |  |  | Cash |  |
|  | of Recognized |  | Financial |  | of Financial |  | Financial |  | Collateral |  | Net
|  | Assets |  | Condition |  | Condition |  | Instruments |  | Received |  | Amount
|  | (In thousands)
Derivatives |  | $ | 8,445 |  | $ | - |  | $ | 8,445 |  | $ | 2,003 |  | $ | - |  | $ | 6,442
Total |  | $ | 8,445 |  | $ | - |  | $ | 8,445 |  | $ | 2,003 |  | $ | - |  | $ | 6,442
December 31, 2013
|  |  |  |  |  |  |  |  |  |  | Gross Amounts Not Offset in the Statement of Financial Condition |  |
|  |  |  | Gross Amounts |  | Net amount of |  |  |  |  |  |
|  |  |  | Offset in the |  | Assets Presented |  |  |  |  |  |
|  | Gross Amount |  | Statement of |  | in Statement |  |  |  | Cash |  |
|  | of Recognized |  | Financial |  | of Financial |  | Financial |  | Collateral |  | Net
|  | Assets |  | Condition |  | Condition |  | Instruments |  | Received |  | Amount
|  | (In thousands)
Derivatives |  | $ | 20,502 |  | $ | - |  | $ | 20,502 |  | $ | 2,450 |  | $ | 6,780 |  | $ | 11,272
Securities purchased under agreements to resell |  |  | 60,000 |  |  | - |  |  | 60,000 |  |  | 64,587 |  |  | - |  |  | (4,587)
Total |  | $ | 80,502 |  | $ | - |  | $ | 80,502 |  | $ | 67,037 |  | $ | 6,780 |  | $ | 6,685
September 30, 2014
|  |  |  |  |  |  |  |  |  |  | Gross Amounts Not Offset in the Statement of Financial Condition |  |
|  |  |  |  |  | Net Amount of |  |  |  |  |  |
|  |  |  | Gross Amounts |  | Liabilities |  |  |  |  |  |
|  |  |  | Offset in the |  | Presented |  |  |  |  |  |  |  |  |
|  | Gross Amount |  | Statement of |  | in Statement |  |  |  | Cash |  |
|  | of Recognized |  | Financial |  | of Financial |  | Financial |  | Collateral |  | Net
|  | Liabilities |  | Condition |  | Condition |  | Instruments |  | Provided |  | Amount
|  |  |  |  |  |  |  | (In thousands)
Derivatives |  | $ | 17,001 |  | $ | - |  | $ | 17,001 |  | $ | - |  | $ | 2,980 |  | $ | 14,021
Securities sold under agreements to repurchase |  |  | 1,010,000 |  |  | - |  |  | 1,010,000 |  |  | 1,101,222 |  |  | 24,500 |  |  | (115,722)
Total |  | $ | 1,027,001 |  | $ | - |  | $ | 1,027,001 |  | $ | 1,101,222 |  | $ | 27,480 |  | $ | (101,701)
December 31, 2013
|  |  |  |  |  |  |  |  |  |  | Gross Amounts Not Offset in the Statement of Financial Condition |  |
|  |  |  |  |  | Net Amount of |  |  |  |  |  |
|  |  |  | Gross Amounts |  | Liabilities |  |  |  |  |  |
|  |  |  | Offset in the |  | Presented |  |  |  |  |  |  |  |  |
|  | Gross Amount |  | Statement of |  | in Statement |  |  |  | Cash |  |
|  | of Recognized |  | Financial |  | of Financial |  | Financial |  | Collateral |  | Net
|  | Liabilities |  | Condition |  | Condition |  | Instruments |  | Provided |  | Amount
|  | (In thousands)
Derivatives |  | $ | 30,672 |  | $ | - |  | $ | 30,672 |  | $ | - |  | $ | 2,349 |  | $ | 28,323
Securities sold under agreements to repurchase |  |  | 1,265,000 |  |  | - |  |  | 1,265,000 |  |  | 1,277,919 |  |  | 67,029 |  |  | (79,948)
Total |  | $ | 1,295,672 |  | $ | - |  | $ | 1,295,672 |  | $ | 1,277,919 |  | $ | 69,378 |  | $ | (51,625)

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- Definition Tabular disclosure of derivative and other financial assets and liabilities that are subject to offsetting, including master netting arrangements. + References No definition available. + Details
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- Details
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