Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents and Restricted Cash (Tables)

v3.10.0.1
Cash, Cash Equivalents and Restricted Cash (Tables)
6 Months Ended
Jun. 30, 2018
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]  
Schedule of Restricted Cash and Cash Equivalents
The following table presents the Company’s restricted cash balances as of June 30, 2018 and December 31, 2017:
(in thousands)
June 30,
2018
 
December 31,
2017
Restricted cash balances held by trading counterparties:
 
 
 
For securities and loan trading activity
$
27,050

 
$
27,050

For derivatives trading activity
187,769

 
191,421

As restricted collateral for repurchase agreements and Federal Home Loan Bank advances
349,539

 
417,018

Total restricted cash balances held by trading counterparties
564,358

 
635,489

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

 
347

Total
$
564,705

 
$
635,836

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, 2018 and December 31, 2017 that sum to the total of the same such amounts shown in the statements of cash flows:
(in thousands)
June 30,
2018
 
December 31,
2017
Cash and cash equivalents
$
417,515

 
$
419,159

Restricted cash
564,705

 
635,836

Total cash, cash equivalents and restricted cash
$
982,220

 
$
1,054,995