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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Statement of Cash Flows [Abstract]    
Net income attributable to Nelnet, Inc. $ 78,763 $ 74,111
Net (loss) income attributable to noncontrolling interests 6,192 (97)
Net income 72,571 74,208
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization, including debt discounts and student loan premiums and deferred origination costs 66,805 62,298
Student loan discount accretion (22,934) (21,524)
Provision for loan losses 3,000 4,500
Derivative market value adjustment (951) 48,649
Unrealized foreign currency transaction adjustment 31,951 8,712
Proceeds from termination of derivative instruments 3,013 3,523
Payments to enter into derivative instruments 929 0
Proceeds from clearinghouse to settle variation margin, net 25,927 0
Gain from debt repurchases (5,421) (101)
(Gain) loss from sales of available-for-sale securities, net (740) 409
Proceeds (purchases) related to trading securities, net 23 (235)
Deferred income tax benefit (15,249) (20,260)
Non-cash compensation expense 2,260 2,388
Other 2,209 3,681
(Increase) decrease in accrued interest receivable (4,470) 3,685
(Increase) decrease in accounts receivable (16,274) 9,462
Increase in other assets (2,155) (2,579)
Increase in accrued interest payable 1,387 8,419
Decrease in other liabilities (7,891) (10,006)
Net cash provided by operating activities 132,132 175,229
Cash flows from investing activities:    
Purchases of student loans (100,843) (183,375)
Net proceeds from student loan repayments, claims, capitalized interest, and other 1,807,765 1,927,319
Proceeds from sale of student loans 0 44,738
Purchases of available-for-sale securities (77,118) (51,735)
Proceeds from sales of available-for-sale securities 66,492 58,232
Purchases of investments and loans receivable and issuance of notes receivable (33,131) (10,222)
Proceeds From Investments And Other Receivables 5,551 5,360
Purchases of property and equipment (70,814) (29,577)
Decrease (increase) in restricted cash, net 226,409 (131,325)
Net cash provided by investing activities 1,824,311 1,629,415
Cash flows from financing activities:    
Payments on bonds and notes payable (2,549,189) (1,972,880)
Proceeds from issuance of bonds and notes payable 612,279 226,194
Payments of debt issuance costs (2,256) (1,084)
Dividends paid (11,803) (10,192)
Repurchases of common stock (18,195) (52,468)
Proceeds from issuance of common stock 221 417
Issuance of noncontrolling interests 12,600 1,312
Distribution to noncontrolling interests (515) (219)
Net cash used in financing activities (1,956,858) (1,808,920)
Net decrease in cash and cash equivalents (415) (4,276)
Cash and cash equivalents, beginning of period 69,654 63,529
Cash and cash equivalents, end of period 69,239 59,253
Cash disbursements made for:    
Interest 183,821 142,446
Income taxes, net of refunds $ 46,193 $ 55,988