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Fair Value Disclosures - Level 3 Rollforwards (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Total gains (losses) (realized and unrealized) $ 30,400 $ 45,300 $ 51,500 $ 148,400
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Total gains/ losses (realized and unrealized) (159,200) 7,000 (332,300) 60,700
Fair value, liabilities, change in unrealized gains/(losses) included in other comprehensive income relating to instruments still held (31,900) 19,000 (65,100) 61,600
Corporate equity securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 113,922 102,065 87,647 75,904
Total gains (losses) (realized and unrealized) 35,581 7,997 36,463 11,299
Purchases 67,540 448 69,837 8,288
Sales (13,415) (24,561) (13,839) (37,297)
Settlements 0 0 0 0
Issuances 0 0 0 0
Net transfers into (out of) Level 3 (2,667) 502 20,853 28,257
Ending Balance 200,961 86,451 200,961 86,451
Changes in unrealized gains/losses included in earnings relating to instruments still held 35,361 (4,971) 36,204 (3,683)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 5,666 4,443 4,635 4,434
Total gains/ losses (realized and unrealized) (234) 42 (3,592) 64
Purchases (1,533) (23) (2,344) (23)
Sales 0 0 5,050 0
Settlements 0 0 0 0
Issuances 0 0 0 0
Net transfers into (out of) Level 3 (150) 0 0 (13)
Ending Balance 3,749 4,462 3,749 4,462
Changes in unrealized gains/losses included in earnings relating to instruments still held (350) (40) 3,009 (62)
Corporate debt securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 42,358 6,811 11,803 23,146
Total gains (losses) (realized and unrealized) 3,550 1,292 5,631 2,466
Purchases 38,141 4,116 9,465 4,370
Sales (47,025) (5,870) (18,345) (5,960)
Settlements (12,604) (132) (9) (132)
Issuances 0 0 0 0
Net transfers into (out of) Level 3 (3,607) 1,768 12,268 (15,905)
Ending Balance 20,813 7,985 20,813 7,985
Changes in unrealized gains/losses included in earnings relating to instruments still held (849) 963 2,381 1,492
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 7,308 1,571 482 141
Total gains/ losses (realized and unrealized) (3,588) (22) (11) 1,349
Purchases (16,091) (665) (70) (563)
Sales 14,584 27 0 0
Settlements 0 0 0 0
Issuances 0 0 0 0
Net transfers into (out of) Level 3 (1,812) 16 0 0
Ending Balance 401 927 401 927
Changes in unrealized gains/losses included in earnings relating to instruments still held 5 (38) 5 (414)
CDOs and CLOs        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 45,219 33,199 31,946 17,972
Total gains (losses) (realized and unrealized) 877 7,478 254 10,616
Purchases 13,264 4,287 31,245 16,510
Sales (28,037) (37,324) (37,305) (35,251)
Settlements (1,466) (1,203) (5,033) (1,427)
Issuances 0 0 0 0
Net transfers into (out of) Level 3 20,001 20,124 28,751 18,141
Ending Balance 49,858 26,561 49,858 26,561
Changes in unrealized gains/losses included in earnings relating to instruments still held (1,798) 2,888 (1,304) 6,808
Sovereign obligations        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 23      
Total gains (losses) (realized and unrealized) 0      
Purchases 0      
Sales 0      
Settlements 0      
Issuances 0      
Net transfers into (out of) Level 3 (23)      
Ending Balance 0   0  
Changes in unrealized gains/losses included in earnings relating to instruments still held 0      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 1,159      
Total gains/ losses (realized and unrealized) 0      
Purchases 0      
Sales 0      
Settlements 0      
Issuances 0      
Net transfers into (out of) Level 3 (1,159)      
Ending Balance 0   0  
Changes in unrealized gains/losses included in earnings relating to instruments still held 0      
Residential mortgage-backed securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 1,186 21,692 1,477 21,826
Total gains (losses) (realized and unrealized) (47) 205 (111) 33
Purchases 0 0 0 799
Sales 0 0 (204) (784)
Settlements (80) (612) (103) (1,126)
Issuances 0 0 0 0
Net transfers into (out of) Level 3 0 (15,252) 0 (14,715)
Ending Balance 1,059 6,033 1,059 6,033
Changes in unrealized gains/losses included in earnings relating to instruments still held (17) (36) (57) 88
Commercial mortgage-backed securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 3,732 2,671 2,333 2,003
Total gains (losses) (realized and unrealized) (439) 201 (463) 158
Purchases 0 0 0 1,119
Sales 0 0 0 (393)
Settlements 0 (1,696) 0 (1,696)
Issuances 0 0 0 0
Net transfers into (out of) Level 3 (1,423) 0 0 (15)
Ending Balance 1,870 1,176 1,870 1,176
Changes in unrealized gains/losses included in earnings relating to instruments still held 0 (824) (29) (740)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 315 35 210 35
Total gains/ losses (realized and unrealized) 0 0 0 0
Purchases 0 (35) 0 (35)
Sales 70 35 175 35
Settlements 0 0 0 0
Issuances 0 0 0 0
Net transfers into (out of) Level 3 0 0 0 0
Ending Balance 385 35 385 35
Changes in unrealized gains/losses included in earnings relating to instruments still held 0 0 0 0
Other asset-backed securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 62,382 60,594 93,524 79,995
Total gains (losses) (realized and unrealized) (781) 3,575 835 6,373
Purchases 21,501 12,835 37,795 34,476
Sales (1,688) (1,099) (17,238) (27,647)
Settlements (12,296) (14,408) (22,812) (26,465)
Issuances 0 0 0 0
Net transfers into (out of) Level 3 15,660 9,058 (7,326) 3,823
Ending Balance 84,778 70,555 84,778 70,555
Changes in unrealized gains/losses included in earnings relating to instruments still held (1,065) 819 1,324 1,158
Loans and other receivables        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 137,942 149,084 135,239 134,636
Total gains (losses) (realized and unrealized) (3,764) 2,814 (9,814) 17,580
Purchases 15,598 26,948 29,962 37,431
Sales (23,603) (8,070) (25,983) (50,556)
Settlements (108) (156) (229) (273)
Issuances 0 0 0 0
Net transfers into (out of) Level 3 11,687 19,792 8,577 51,594
Ending Balance 137,752 190,412 137,752 190,412
Changes in unrealized gains/losses included in earnings relating to instruments still held (4,764) 706 (9,726) 14,146
Investments at fair value        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 169,508 219,541 154,373 213,946
Total gains (losses) (realized and unrealized) 1,576 26,775 33,310 103,032
Purchases 37 6,634 14,286 11,489
Sales 0 (17,085) 0 (47,244)
Settlements (7,277) (5,031) (14,718) (8,573)
Issuances 0 0 0 0
Net transfers into (out of) Level 3 0 0 (23,407) (41,816)
Ending Balance 163,844 230,834 163,844 230,834
Changes in unrealized gains/losses included in earnings relating to instruments still held 1,576 11,318 33,380 80,099
FXCM term loan        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 50,335 62,132 50,455 59,455
Total gains (losses) (realized and unrealized) 1,545 (2,977) 1,425 (300)
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Issuances 0 0 0 0
Net transfers into (out of) Level 3 0 0 0 0
Ending Balance 51,880 59,155 51,880 59,155
Changes in unrealized gains/losses included in earnings relating to instruments still held 1,545 (2,977) 1,425 (300)
Loans to and investments in associated companies        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 22,480 39,397 30,842 40,185
Total gains (losses) (realized and unrealized) (7,685) (2,110) (16,047) (2,898)
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Issuances 0 0 0 0
Net transfers into (out of) Level 3 0 0 0 0
Ending Balance 14,795 37,287 14,795 37,287
Changes in unrealized gains/losses included in earnings relating to instruments still held 0 (2,110) 0 (2,898)
Loans        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 11,541 14,916 15,770 16,635
Total gains/ losses (realized and unrealized) 10 (7) (15) 1,441
Purchases (1,911) (637) (12,315) (6,872)
Sales 1,089 6,330 10,194 8,817
Settlements 0 44 (87) 0
Issuances 0 0 0 0
Net transfers into (out of) Level 3 7,554 (257) 4,736 368
Ending Balance 18,283 20,389 18,283 20,389
Changes in unrealized gains/losses included in earnings relating to instruments still held 119 (167) 104 (884)
Net derivatives        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 47,770 305,506 67,769 26,017
Total gains/ losses (realized and unrealized) (9,100) (8,965) (88,018) 16,813
Purchases (1,559) (36) (1,559) (82)
Sales 0 33,715 0 66,304
Settlements (8,262) 593 0 506
Issuances 0 0 21,024 0
Net transfers into (out of) Level 3 46,148 (103,755) 75,781 117,500
Ending Balance 74,997 227,058 74,997 227,058
Changes in unrealized gains/losses included in earnings relating to instruments still held 9,903 8,372 86,050 (17,358)
Other secured financings        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 32,377 2,168 25,905 1,543
Total gains/ losses (realized and unrealized) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements (30,015) 0 (23,543) 0
Issuances 0 325 0 950
Net transfers into (out of) Level 3 0 0 0 0
Ending Balance 2,362 2,493 2,362 2,493
Changes in unrealized gains/losses included in earnings relating to instruments still held 0 0 0 0
Long-term debt        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 794,460 723,115 881,732 676,028
Total gains/ losses (realized and unrealized) (146,261) 15,986 (240,698) 41,064
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements (4,950) 0 0 0
Issuances 76,443 28,565 100,195 50,295
Net transfers into (out of) Level 3 19,661 27,432 (1,876) 27,711
Ending Balance 739,353 795,098 739,353 795,098
Changes in unrealized gains/losses included in earnings relating to instruments still held $ 114,362 $ 3,057 $ 175,615 $ 20,565