Annual report pursuant to Section 13 and 15(d)

Cash, Cash Equivalents and Restricted Cash (Tables)

v3.20.4
Cash, Cash Equivalents and Restricted Cash (Tables)
 12 Months Ended
Dec. 31, 2020
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 December 31, 2020 and December 31, 2019:
(in thousands) December 31,
2020		 December 31,
2019
Restricted cash balances held by trading counterparties:
For securities trading activity $ 44,800  $ 45,050 
For derivatives trading activity 70,600  94,570 
For servicing activities 19,768  — 
As restricted collateral for borrowings
 1,126,439  919,010 
Total restricted cash balances held by trading counterparties 1,261,607  1,058,630 
Restricted cash balance pursuant to letter of credit on office lease 60  60 
Total $ 1,261,667  $ 1,058,690 
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 consolidated balance sheets as of December 31, 2020 and December 31, 2019 that sum to the total of the same such amounts shown in the statements of cash flows:
(in thousands) December 31,
2020		 December 31,
2019
Cash and cash equivalents $ 1,384,764  $ 558,136 
Restricted cash 1,261,667  1,058,690 
Total cash, cash equivalents and restricted cash $ 2,646,431  $ 1,616,826