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REPURCHASE AGREEMENTS
9 Months Ended
Sep. 30, 2018
REPURCHASE AGREEMENTS
10.

REPURCHASE AGREEMENTS

At September 30, 2018, the Partnership pledged securities with a carrying value of $231.6 million and cash to collateralize its repurchase agreements. Such securities can be repledged, delivered or otherwise used by the counterparty.

At December 31, 2017, the Partnership pledged securities with a carrying value of $169.7 million and cash to collateralize its repurchase agreements. Such securities can be repledged, delivered or otherwise used by the counterparty.

The following tables provide information regarding the Partnership’s Repurchase Agreements obligation by type of collateral pledged:

 

     September 30, 2018  
     Remaining Contractual Maturity of the Agreements  
     Overnight and
Continuous
     Up to 30
Days
     30 - 90
Days
     Greater than
90 days
     Total  

Repurchase Agreements

              

Asset-Backed Securities

   $ —        $ 56,636      $ 69,084      $ 73,768      $ 199,488  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross Amount of Recognized Liabilities for Repurchase Agreements in Note 11. “Offsetting of Assets and Liabilities”

 

   $ 199,488  
              

 

 

 

Amounts Related to Agreements Not Included in Offsetting Disclosure in Note 11. “Offsetting of Assets and Liabilities”

 

   $ —    
              

 

 

 

 

     December 31, 2017  
     Remaining Contractual Maturity of the Agreements  
     Overnight  and
Continuous
     Up to 30
Days
     30 - 90
Days
     Greater than
90 days
     Total  

Repurchase Agreements

                               

Asset-Backed Securities

   $ —        $ 22,756      $ 96,084      $ —        $ 118,840  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross Amount of Recognized Liabilities for Repurchase Agreements in Note 11. “Offsetting of Assets and Liabilities”

 

   $ 118,840  
              

 

 

 

Amounts Related to Agreements Not Included in Offsetting Disclosure in Note 11. “Offsetting of Assets and Liabilities”

 

   $ —