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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Statement of Cash Flows [Abstract]    
Net income (loss) attributable to Nelnet, Inc. $ 113,925 $ 50,026
Net loss attributable to noncontrolling interests (740) (2,106)
Net income (loss) 113,185 47,920
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisition:    
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs 43,301 34,310
Loan discount accretion (11,691) (12,014)
Provision for loan losses 4,000 1,000
Derivative market value adjustment (60,033) (1,238)
Unrealized foreign currency transaction adjustment 0 4,690
Proceeds from clearinghouse to settle variation margin, net 62,689 0
Gain from debt repurchases (359) (4,980)
Gain from equity securities, net of losses (6,838) 0
Deferred income tax expense (benefit) 16,883 (1,753)
Non-cash compensation expense 1,161 1,121
Other (4,302) 242
Increase in loan accrued interest receivable (59,038) (1,490)
Decrease (increase) in accounts receivable 177 (282)
Decrease (increase) in other assets 49,415 (1,397)
Increase in accrued interest payable 4,213 750
(Decrease) increase in other liabilities (36,205) 6,954
Decrease in due to customers (58,606) (26,003)
Net cash provided by operating activities 57,952 47,830
Cash flows from investing activities, net of acquisition:    
Purchases of loans (610,855) (50,126)
Net proceeds from loan repayments, claims, capitalized interest, and other 863,270 953,698
Purchases of available-for-sale securities (28,164) (53,530)
Proceeds from sales of available-for-sale securities 21,951 37,809
Purchases of investments and issuance of notes receivable (16,370) (4,898)
Proceeds from investments and notes receivable 9,718 1,605
Purchases of property and equipment (28,068) (26,469)
Business acquisition, net of cash acquired (109,152) 0
Net cash provided by investing activities 102,330 858,089
Cash flows from financing activities:    
Payments on bonds and notes payable (901,008) (1,128,899)
Proceeds from issuance of bonds and notes payable 756,700 37,496
Payments of debt issuance costs (1,650) (364)
Dividends paid (6,506) (5,896)
Repurchases of common stock (11,418) (1,369)
Proceeds from issuance of common stock 274 0
Acquisition of noncontrolling interest (13,449) 0
Issuance of noncontrolling interests 0 12,600
Distribution to noncontrolling interests (19) (310)
Net cash used in financing activities (177,076) (1,086,742)
Net decrease in cash, cash equivalents, and restricted cash (16,794) (180,823)
Cash, cash equivalents, and restricted cash, beginning of period 942,066 1,170,317
Cash, cash equivalents, and restricted cash, end of period 925,272 989,494
Supplemental disclosures of cash flow information:    
Cash disbursements made for interest 114,243 88,066
Cash (refunds received) disbursements made for income taxes, net $ (30,569) $ 1,180