Balance Sheet Offsetting (Tables)

6 Months Ended

Jun. 30, 2014

Balance Sheet Offsetting

Schedule of information about financial instruments that are eligible for offset

	Gross		Gross			Net Amount Presented		Gross Amounts Not Offset in the Balance Sheet
(in thousands)	Amount Recognized		Amount Offset			in the Balance Sheet		Securities Collateral			Cash Collateral			Net Amount
June 30, 2014
Financial assets:
Reverse repurchase agreements	$	700,149	$	(500,041	)	$	200,108	$	(200,000	)	$	—		$	108
Derivatives not designated as hedging instruments	8,080		(4,500		)	3,580		—			—			3,580
Total financial assets	$	708,229	$	(504,541	)	$	203,688	$	(200,000	)	$	—		$	3,688
Financial liabilities:
Repurchase agreements	$	500,041	$	(500,041	)	$	—	$	—		$	—		$	—
Derivatives not designated as hedging instruments	41,791		(4,500		)	37,291		(11,721		)	(17,729		)	7,841
Total financial liabilities	$	541,832	$	(504,541	)	$	37,291	$	(11,721	)	$	(17,729	)	$	7,841
December 31, 2013
Financial assets:
Reverse repurchase agreements	$	200,000	$	—		$	200,000	$	(200,000	)	$	—		$	—
Derivatives not designated as hedging instruments	18,749		(13,323		)	5,426		—			—			5,426
Total financial assets	$	218,749	$	(13,323	)	$	205,426	$	(200,000	)	$	—		$	5,426
Financial liabilities:
Derivatives not designated as hedging instruments	$	32,193	$	(13,323	)	$	18,870	$	(12,376	)	$	(7,761	)	$	(1,267	)
Total financial liabilities	$	32,193	$	(13,323	)	$	18,870	$	(12,376	)	$	(7,761	)	$	(1,267	)