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Offsetting of Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Offsetting Assets and Liabilities [Line Items]    
Financial derivatives–assets, at fair value [1] $ 1,635 $ 2,183
Reverse repurchase agreements [1] 69,575 78,632
Financial derivatives–liabilities, at fair value [1] (18,284) (4,725)
Repurchase agreements [1] (1,133,841) (1,222,719)
Derivative Liability, Fair Value, Amount Offset Against Collateral (1,473) (1,529)
Securities sold under agreements to repurchase available for offset (69,575) (78,632)
Derivative Asset, Fair Value, Amount Offset Against Collateral 1,473 1,529
Securities purchased under agreements to resell available for offset 69,575 78,632
Securities Collateral Relating To Repurchase Agreements 1,190,000 1,260,000
Derivative Financial Instruments, Assets [Member]    
Offsetting Assets and Liabilities [Line Items]    
Financial Instruments Pledged as Collateral [3] 0 [2] 0 [4]
Cash collateral received [3] 0 [2] 0 [4]
Derivatives and related collateral, net 162 654
Excess cash collateral 200 6,800
Reverse Repurchase Agreements [Member]    
Offsetting Assets and Liabilities [Line Items]    
Financial Instruments Pledged as Collateral [3] 0 [2] 0 [4]
Cash collateral received [3] 0 [2] 0 [4]
Reverse Repurchase Agreements and Related Collateral Net 0 0
Derivative Financial Instruments, Liabilities [Member]    
Offsetting Assets and Liabilities [Line Items]    
Financial Instruments Pledged as Collateral [3] 0 [2] 0 [4]
Cash Collateral Pledged [3] 16,085 [2] 3,089 [4]
Derivatives and related collateral, net (726) (107)
Excess cash collateral 7,000 2,500
Repurchase Agreements [Member]    
Offsetting Assets and Liabilities [Line Items]    
Financial Instruments Pledged as Collateral [3] 1,057,542 [2] 1,123,409 [4]
Cash Collateral Pledged [3] 6,724 [2] 20,678 [4]
Repurchase agreements and related collateral, net $ 0 $ 0
[1] In the Company's Consolidated Balance Sheet, all balances associated with the repurchase agreements and financial derivatives are presented on a gross basis.
[2] For the purpose of this presentation, for each row the total amount of financial instruments transferred or pledged and cash collateral (received) or pledged may not exceed the applicable gross amount of assets or (liabilities) as presented here. Therefore, the Company has reduced the amount of financial instruments transferred or pledged as collateral related to the Company's repurchase agreements and cash collateral pledged on the Company's financial derivative assets and liabilities. Total financial instruments transferred or pledged as collateral on the Company's repurchase agreements as of March 31, 2016 were $1.19 billion. As of March 31, 2016 total cash collateral on financial derivative assets and liabilities excludes $0.2 million and $7.0 million, respectively of net excess cash collateral.
[3] When collateral is pledged to or pledged by a counterparty, it is often pledged or posted with respect to all positions with such counterparty, and in such cases such collateral cannot be specifically identified as relating to a specific asset or liability. As a result, in preparing the above table, the Company has made assumptions in allocating pledged or posted collateral among the various rows.
[4] For the purpose of this presentation, for each row the total amount of financial instruments transferred or pledged and cash collateral (received) or pledged may not exceed the applicable gross amount of assets or (liabilities) as presented here. Therefore the Company has reduced the amount of financial instruments transferred or pledged as collateral related to the Company's repurchase agreements and cash collateral pledged on the Company's financial derivative assets and liabilities. Total financial instruments transferred or pledged as collateral on the Company's repurchase agreements as of December 31, 2015 were $1.26 billion. As of December 31, 2015 total cash collateral on financial derivative assets and liabilities excludes $6.8 million and $2.5 million, respectively of net excess cash collateral.