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SECURITIES LENDING | 3 Months Ended
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Mar. 31, 2024
Securities Lending [Abstract] |
SECURITIES LENDING | SECURITIES LENDING The following table presents the contractual gross and net securities borrowing and lending balances and the related offsetting amount as of March 31, 2024 and December 31, 2023:
| Gross amounts recognized |  | Gross amounts offset in the consolidated balance sheets (1) |  | Net amounts included in the consolidated balance sheets |  | Amounts not offset in the consolidated balance sheets but eligible for offsetting upon counterparty default(2) |  | Net amounts
As of March 31, 2024 |  |  |  |  |  |  |  |  |
Securities borrowed | $ | 2,050,079 |  |  | $ | — |  |  | $ | 2,050,079 |  |  | $ | 2,050,079 |  |  | $ | — |
Securities loaned | $ | 2,041,169 |  |  | $ | — |  |  | $ | 2,041,169 |  |  | $ | 2,041,169 |  |  | $ | — |
As of December 31, 2023 |  |  |  |  |  |  |  |  |
Securities borrowed | $ | 2,870,939 |  |  | $ | — |  |  | $ | 2,870,939 |  |  | $ | 2,870,939 |  |  | $ | — |
Securities loaned | $ | 2,859,306 |  |  | $ | — |  |  | $ | 2,859,306 |  |  | $ | 2,859,306 |  |  | $ | — |
_________________________ (1)Includes financial instruments subject to enforceable master netting provisions that are permitted to be offset to the extent an event of default has occurred. (2)Includes the amount of cash collateral held/posted. The following table presents the contract value of securities lending transactions accounted for as secured borrowings by the type of collateral provided to counterparties as of March 31, 2024 and December 31, 2023:
|  | March 31, 2024 |  | December 31, 2023
|  | Remaining contractual maturity |  |  |  | Remaining contractual maturity |  |
|  | Overnight and continuous |  | Total |  | Overnight and continuous |  | Total
Securities lending transactions |  |  |  |  |  |  |  |
Corporate securities - fixed income |  | $ | 188,168 |  |  | $ | 188,168 |  |  | $ | 283,809 |  |  | $ | 283,809 |
Equity securities |  | 1,847,793 |  |  | 1,847,793 |  |  | 2,575,919 |  |  | 2,575,919 |
Non-US sovereign debt |  | 14,118 |  |  | 14,118 |  |  | 11,211 |  |  | 11,211 |
Total borrowings |  | $ | 2,050,079 |  |  | $ | 2,050,079 |  |  | $ | 2,870,939 |  |  | $ | 2,870,939 |
The Company's securities lending transactions require us to pledge collateral based on the terms of each contract which is generally denominated in U.S. dollars and marked to market on a daily basis. If the fair value of the collateral pledged for these transactions declines, the Company could be required to provide additional collateral to the counterparty, therefore decreasing the amount of assets available for other liquidity needs that may arise. The Company's liquidity risk is mitigated by maintaining offsetting securities borrowed transactions in which the Company receives cash from the counterparty which, in general, is equal to or greater than the cash the Company posts on securities lending transactions.

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- Definition Securities Lending [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for securities lending. + References No definition available. + Details
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Namespace Prefix: | rily_
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