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Financial Statement Offsetting (Summary Of Offsetting Assets And Liabilities) (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Financial Statement Offsetting [Abstract]    
Derivative contracts, Gross Amounts $ 2,514,682  
Derivative contracts, Netting in Consolidated Statement of Financial Condition (2,253,589) [1]  
Derivative contracts, Net Amounts in Consolidated Statement of Financial Condition 261,093  
Derivative contracts, Net Amount 261,093  
Securities borrowing arrangements, Gross Amounts 5,359,846  
Securities borrowing arrangements, Net Amounts in Consolidated Statement of Financial Condition 5,359,846  
Securities borrowing arrangements, Additional Amounts Available for Setoff (530,293) [2]  
Securities borrowing arrangements, Available Collateral (957,140) [3]  
Securities borrowing arrangements, Net Amount 3,872,413  
Reverse repurchase agreements, Gross Amounts 12,715,449  
Reverse repurchase agreements, Netting in Consolidated Statement of Financial Condition (8,968,529) [1]  
Reverse repurchase agreements, Net Amounts in Consolidated Statement of Financial Condition 3,746,920  
Reverse repurchase agreements, Additional Amounts Available for Setoff (590,754) [2]  
Reverse repurchase agreements, Available Collateral (3,074,540) [3]  
Reverse repurchase agreements, Net Amount 81,626  
Derivative contracts, Gross Amounts 2,532,690  
Derivative contracts, Netting in Consolidated Statement of Financial Condition (2,352,611) [1]  
Derivative contracts, Net Amounts in Consolidated Statement of Financial Condition 180,079  
Derivative contracts, Net Amount 180,079  
Securities lending arrangements, Gross Amounts 2,506,122  
Securities lending arrangements, Net Amounts in Consolidated Statement of Financial Condition 2,506,122  
Securities lending arrangements, Additional Amounts Available for Setoff (530,293) [2]  
Securities lending arrangements, Available Collateral (1,942,271) [3]  
Securities lending arrangements, Net Amount 33,558  
Repurchase agreements, Gross Amounts 19,748,374  
Repurchase agreements, Netting in Consolidated Statement of Financial Condition (8,968,529) [1]  
Repurchase agreements, Net Amounts in Consolidated Statement of Financial Condition 10,779,845 391,705
Repurchase agreements, Additional Amounts Available for Setoff (590,754) [2]  
Repurchase agreements, Available Collateral (8,748,641) [3]  
Repurchase agreements, Net Amount $ 1,440,450  
[1] Netting is applied by counterparty when a legal right of offset exists under an enforceable master netting agreement, as permitted under GAAP. Further, for derivative assets and liabilities, netting is inclusive of cash paid or received as collateral under credit support agreements pursuant to the master netting agreement.
[2] Under enforceable master netting agreements with our counterparties, Jefferies has the legal right of offset with a counterparty, which incorporates all of the counterparty's outstanding rights and obligations under the arrangement. These balances reflect additional credit risk mitigation that is available by counterparty in the event of a counterparty's default, but which are not netted in the balance sheet under the provisions of GAAP.
[3] Includes securities received or paid under collateral arrangements with counterparties that could be liquidated in the event of a counterparty default and thus offset against a counterparty's rights and obligations under the respective derivative contracts, resale and repurchase agreements or securities borrowing or lending arrangements.