v3.26.1
Disclosures About Offsetting Assets and Liabilities - Financial Liabilities and Derivative Liabilities that are Subject to Offset (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Offsetting Liabilities [Line Items]    
Gross amounts of recognized liabilities, Securities lending [1] $ (451,267) $ (252,137)
Net amounts presented in the Statement of Financial Condition, Securities lending [1] (451,267) (252,137)
Gross amounts not offset in the Statement of Financial Position, Financial instruments, Securities lending [1] 80,918 36,328
Gross amounts not offset in the Statement of Financial Position, Collateral pledged, Securities lending [1] 370,349 215,809
Securities lending, Net amount [1] 0 0
Gross amounts of recognized liabilities, Securities purchased under agreements to resell [2] (1,095,619) (651,236)
Net amounts presented in the Statement of Financial Condition, Securities purchased under agreements to resell [2] (1,095,619) (651,236)
Gross amounts not offset in the Statement of Financial Position, Financial instruments, Securities purchased under agreements to resell [2] 26,456 15,198
Gross amounts not offset in the Statement of Financial Position, Collateral pledged, Securities purchased under agreements to resell [2] 1,069,163 636,038
Gross amounts of recognized liabilities (1,617,352) (974,684)
Net amounts presented in the Statement of Financial Condition (1,617,352) (974,684)
Gross amounts not offset in the Statement of Financial Position, Financial instruments 111,846 74,733
Gross amounts not offset in the Statement of Financial Condition, Collateral pledged 1,459,041 891,466
Net amount (46,465) (8,485)
Interest Rate Contracts [Member]    
Offsetting Liabilities [Line Items]    
Gross amounts of recognized liabilities [3] (70,466) (71,311)
Net amounts presented in the Statement of Financial Condition [3] (70,466) (71,311)
Gross amounts not offset in the Statement of Financial Position, Financial instruments [3] 4,472 23,207
Gross amounts not offset in the Statement of Financial Condition, Collateral pledged [3] 19,529 39,619
Offsetting liability interest rate contracts net [3] $ (46,465) $ (8,485)
[1] Securities lending transactions are included in payables to brokers, dealers, and clearing organizations on the consolidated statements of financial condition.
[2] Collateral pledged includes the fair value of securities pledged to the counterparty. These securities are included on the consolidated statements of financial condition unless we default. Collateral pledged by our company to the counterparty includes U.S. government agency securities, U.S. government securities, and corporate fixed income securities with market values of $1.0 billion and $687.2 million at June 30, 2026 and December 31, 2025, respectively.
[3] Collateral pledged includes the fair value of securities pledged to the counterparty. There were no securities pledged as collateral at June 30, 2026 or December 31, 2025.