| Offsetting Assets and Liabilities |
Offsetting Assets and Liabilities The following tables present the potential effects of netting arrangements on our financial position for financial assets and liabilities within the scope of ASC 210-20, Balance Sheet—Offsetting, which for us are derivative assets and liabilities as well as repurchase agreement liabilities (amounts in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (ii)
Gross Amounts
Offset in the
Statement of
Financial Position | | (iii) = (i) - (ii)
Net Amounts
Presented in
the Statement of
Financial Position | | (iv)
Gross Amounts Not
Offset in the Statement
of Financial Position | | | | (i)
Gross Amounts
Recognized | | | | Financial
Instruments | | Cash Collateral
Received / Pledged | | (v) = (iii) - (iv)
Net Amount | | As of March 31, 2024 | | | | | | | | | | | | | Derivative assets | $ | 82,916 | | | $ | — | | | $ | 82,916 | | | $ | 40,098 | | | $ | — | | | $ | 42,818 | | | Derivative liabilities | $ | 74,647 | | | $ | — | | | $ | 74,647 | | | $ | 40,098 | | | $ | 34,549 | | | $ | — | | | Repurchase agreements | 9,518,691 | | | — | | | 9,518,691 | | | 9,518,691 | | | — | | | — | | | $ | 9,593,338 | | | $ | — | | | $ | 9,593,338 | | | $ | 9,558,789 | | | $ | 34,549 | | | $ | — | | | As of December 31, 2023 | | | | | | | | | | | | | Derivative assets | $ | 63,437 | | | $ | — | | | $ | 63,437 | | | $ | 41,341 | | | $ | — | | | $ | 22,096 | | | Derivative liabilities | $ | 102,467 | | | $ | — | | | $ | 102,467 | | | $ | 41,340 | | | $ | 61,127 | | | $ | — | | | Repurchase agreements | 10,652,359 | | | — | | | 10,652,359 | | | 10,652,359 | | | — | | | — | | | $ | 10,754,826 | | | $ | — | | | $ | 10,754,826 | | | $ | 10,693,699 | | | $ | 61,127 | | | $ | — | |
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