XML 89 R71.htm IDEA: XBRL DOCUMENT v3.22.4
Fair Value Disclosures - Narrative (Details) - USD ($)
12 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2020
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3 $ 111,700,000 $ 21,100,000 $ 122,200,000
Transfers of assets from Level 3 to Level 2 61,500,000 168,700,000 24,200,000
Transfers of liabilities from Level 2 to Level 3 172,100,000 74,300,000 500,000
Transfers of liabilities from Level 3 to Level 2 53,600,000 24,700,000 141,500,000
Net gains/(losses) on Level 3 assets (realized and unrealized) 31,800,000 140,000,000 (46,300,000)
Net gains (losses) on Level 3 liabilities (realized and unrealized) (465,700,000) 12,900,000 (88,000,000)
Value of asset excluded from significant unobservable inputs 80,200,000 40,800,000  
Value of liability excluded from significant unobservable inputs (9,600,000) (2,200,000)  
Aggregate fair value of loans and other receivables on nonaccrual status and/or 90 days or greater past due 69,200,000 56,900,000  
Loan and other receivables greater than 90 days past due 65,100,000 23,500,000  
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations 957,302,000 1,015,107,000 [1]  
Equity securities without readily determinable fair value 37,000,000 119,400,000  
Impairment 0 0 20,400,000
Realized investment gains (losses) 3,600,000 800,000 2,100,000
Unrealized gains (losses) on investments 0 0 0
Loans and other receivables      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3 33,200,000   45,100,000
Transfers of assets from Level 3 to Level 2 4,500,000   6,600,000
Net gains/(losses) on Level 3 assets (realized and unrealized) (1,912,000) 1,250,000 (6,203,000)
Other ABS      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3 22,600,000 10,200,000 23,000,000
Transfers of assets from Level 3 to Level 2 29,300,000   6,800,000
Net gains/(losses) on Level 3 assets (realized and unrealized) (6,467,000) 5,335,000 (3,848,000)
CDOs and CLOs      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3 11,000,000 7,600,000  
Net gains/(losses) on Level 3 assets (realized and unrealized) 7,099,000 8,092,000 (3,821,000)
Corporate debt securities      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3 22,800,000 3,300,000 18,000,000
Transfers of assets from Level 3 to Level 2   17,900,000 3,000,000
Net gains/(losses) on Level 3 assets (realized and unrealized) 946,000 1,565,000 83,000
Net gains (losses) on Level 3 liabilities (realized and unrealized) (88,000) (1,205,000) 268,000
RMBS      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 3 to Level 2   19,300,000  
Net gains/(losses) on Level 3 assets (realized and unrealized) (13,210,000) (243,000) (934,000)
Corporate equity securities      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 2 to Level 3 17,900,000   32,500,000
Transfers of assets from Level 3 to Level 2 4,300,000 5,400,000 5,100,000
Transfers of liabilities from Level 3 to Level 2 4,300,000    
Net gains/(losses) on Level 3 assets (realized and unrealized) (645,000) 19,213,000 1,411,000
Net gains (losses) on Level 3 liabilities (realized and unrealized) 3,611,000 83,000 (456,000)
Structured notes      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of liabilities from Level 2 to Level 3 19,300,000 57,900,000  
Transfers of liabilities from Level 3 to Level 2 38,900,000   80,600,000
Net derivatives      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of liabilities from Level 2 to Level 3 152,800,000 16,200,000  
Transfers of liabilities from Level 3 to Level 2 7,500,000 24,700,000 60,800,000
Net gains (losses) on Level 3 liabilities (realized and unrealized) 181,750,000 (7,246,000) 40,000
Loans      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of liabilities from Level 2 to Level 3     400,000
Net gains (losses) on Level 3 liabilities (realized and unrealized) (1,197,000) (3,384,000) (5,297,000)
CMBS      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Net gains/(losses) on Level 3 assets (realized and unrealized) (733,000) (1,694,000) (827,000)
Net gains (losses) on Level 3 liabilities (realized and unrealized) 0 0 $ 0
Investments at Fair Value      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Transfers of assets from Level 3 to Level 2 $ 23,400,000 $ 137,500,000  
[1] See Note 1 for a description of financial statement presentation changes made as a result of our Merger with Jefferies Group.