Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2016

Variable Interest Entities [Abstract]

Assets And Liabilities Of Consolidated VIEs

The following tables present information about the assets and liabilities of our consolidated VIEs, which are presented within our Consolidated Statements of Financial Condition in the respective asset and liability categories, as of September 30, 2016 and December 31, 2015 (in millions):

	September 30, 2016				December 31, 2015
	Securitization Vehicles		Real Estate Investment Vehicle		Securitization Vehicles
Cash	$	11.7	$	1.4	$	1.1
Financial instruments owned	90.6		—		68.3
Securities purchased under agreement to resell (1)	604.0		—		717.3
Receivables	306.0		197.9		149.8
Loans to and investments in associated companies	—		107.9		—
Other	16.1		9.0		8.8
Total assets	$	1,028.4	$	316.2	$	945.3
Other secured financings (2)	$	993.6	$	—	$	930.8
Long-term debt	—		158.4		—
Other	34.1		7.9		14.5
Total liabilities	$	1,027.7	$	166.3	$	945.3
Noncontrolling interests	$	—	$	90.8	$	—

(1) Securities purchased under agreement to resell represent an amount due under a collateralized transaction on a related consolidated entity, which is eliminated in consolidation.

(2) Approximately $86.5 million and $22.1 million of the secured financing represents an amount held by Jefferies in inventory and eliminated in consolidation at September 30, 2016 and December 31, 2015, respectively.

Non-Consolidated Variable Interest Entities

The following tables present information about our variable interests in nonconsolidated VIEs as of September 30, 2016 and December 31, 2015 (in millions):

	Financial Statement Carrying Amount				Maximum Exposure to Loss		VIE Assets
	Assets		Liabilities
September 30, 2016
CLOs	$	74.7	$	7.6	$	336.7	$	4,900.2
Consumer loan vehicles	170.0		—		607.2		1,231.4
Related party private equity vehicles	38.3		—		64.2		157.5
Real estate investment vehicle	89.9		—		101.4		84.6
Other private investment vehicles	89.9		—		102.4		4,569.4
Total	$	462.8	$	7.6	$	1,211.9	$	10,943.1
December 31, 2015
CLOs	$	73.6	$	0.2	$	458.1	$	6,368.7
Consumer loan vehicles	188.3		—		845.8		1,133.0
Related party private equity vehicles	39.3		—		65.8		168.2
Other private investment vehicles	88.0		—		91.4		4,846.1
Total	$	389.2	$	0.2	$	1,461.1	$	12,516.0