Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents and Restricted Cash (Tables)

v3.7.0.1
Cash, Cash Equivalents and Restricted Cash (Tables)
6 Months Ended
Jun. 30, 2017
Cash, Cash Equivalents and Restricted Cash [Abstract]  
Schedule of Restricted Cash and Cash Equivalents
The following table presents the Company’s restricted cash balances as of June 30, 2017 and December 31, 2016:
(in thousands)
June 30,
2017
 
December 31,
2016
Restricted cash balances held by trading counterparties:
 
 
 
For securities and loan trading activity
$
27,820

 
$
26,310

For derivatives trading activity
133,844

 
218,896

As restricted collateral for repurchase agreements and Federal Home Loan Bank advances
87,717

 
162,759

Total restricted cash balances held by trading counterparties
249,381

 
407,965

Restricted cash balance pursuant to letter of credit on office lease
347

 
347

Total
$
249,728

 
$
408,312

Schedule of Cash, Cash Equivalents and Restricted Cash
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the Company’s condensed consolidated balance sheets as of June 30, 2017 and December 31, 2016 that sum to the total of the same such amounts shown in the statements of cash flows:
(in thousands)
June 30,
2017
 
December 31,
2016
Cash and cash equivalents
$
651,707

 
$
406,883

Restricted cash
249,728

 
408,312

Total cash, cash equivalents and restricted cash
$
901,435

 
$
815,195