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Note 5 - Net Trading - Net Trading (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net realized gains / (losses)- trading inventory $ 21,103 $ 31,269 $ 24,118
Net unrealized gains / (losses)-trading inventory (3,069) 2,076 (1,320)
Gains and losses 18,034 33,345 22,798
Interest income-trading inventory 5,958 7,759 6,921
Interest income - RTLs 0 0 236
Interest income-receivables under resale agreements 94,123 98,710 176,336
Interest income 100,081 106,469 183,493
Interest expense-securities sold under agreement to repurchase (48,024) (65,030) (164,851)
Interest expense-LegacyTexas Credit Facility 0 (39) (100)
Interest expense-margin payable (706) (1,134) (3,168)
Interest expense (48,730) (66,203) (168,119)
Net trading $ 69,385 $ 73,611 $ 38,172