Fair Value Disclosures - Level 3 Rollforwards (Details) - USD ($)
$ in Thousands |
3 Months Ended |
6 Months Ended |
May 31, 2022 |
May 31, 2021 |
May 31, 2022 |
May 31, 2021 |
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Total gains (losses) (realized and unrealized) |
$ 30,400
|
$ 45,300
|
$ 51,500
|
$ 148,400
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Total gains/ losses (realized and unrealized) |
(159,200)
|
7,000
|
(332,300)
|
60,700
|
| Fair value, liabilities, change in unrealized gains/(losses) included in other comprehensive income relating to instruments still held |
(31,900)
|
19,000
|
(65,100)
|
61,600
|
| Corporate equity securities |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
113,922
|
102,065
|
87,647
|
75,904
|
| Total gains (losses) (realized and unrealized) |
35,581
|
7,997
|
36,463
|
11,299
|
| Purchases |
67,540
|
448
|
69,837
|
8,288
|
| Sales |
(13,415)
|
(24,561)
|
(13,839)
|
(37,297)
|
| Settlements |
0
|
0
|
0
|
0
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
(2,667)
|
502
|
20,853
|
28,257
|
| Ending Balance |
200,961
|
86,451
|
200,961
|
86,451
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
35,361
|
(4,971)
|
36,204
|
(3,683)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
5,666
|
4,443
|
4,635
|
4,434
|
| Total gains/ losses (realized and unrealized) |
(234)
|
42
|
(3,592)
|
64
|
| Purchases |
(1,533)
|
(23)
|
(2,344)
|
(23)
|
| Sales |
0
|
0
|
5,050
|
0
|
| Settlements |
0
|
0
|
0
|
0
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
(150)
|
0
|
0
|
(13)
|
| Ending Balance |
3,749
|
4,462
|
3,749
|
4,462
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
(350)
|
(40)
|
3,009
|
(62)
|
| Corporate debt securities |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
42,358
|
6,811
|
11,803
|
23,146
|
| Total gains (losses) (realized and unrealized) |
3,550
|
1,292
|
5,631
|
2,466
|
| Purchases |
38,141
|
4,116
|
9,465
|
4,370
|
| Sales |
(47,025)
|
(5,870)
|
(18,345)
|
(5,960)
|
| Settlements |
(12,604)
|
(132)
|
(9)
|
(132)
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
(3,607)
|
1,768
|
12,268
|
(15,905)
|
| Ending Balance |
20,813
|
7,985
|
20,813
|
7,985
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
(849)
|
963
|
2,381
|
1,492
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
7,308
|
1,571
|
482
|
141
|
| Total gains/ losses (realized and unrealized) |
(3,588)
|
(22)
|
(11)
|
1,349
|
| Purchases |
(16,091)
|
(665)
|
(70)
|
(563)
|
| Sales |
14,584
|
27
|
0
|
0
|
| Settlements |
0
|
0
|
0
|
0
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
(1,812)
|
16
|
0
|
0
|
| Ending Balance |
401
|
927
|
401
|
927
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
5
|
(38)
|
5
|
(414)
|
| CDOs and CLOs |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
45,219
|
33,199
|
31,946
|
17,972
|
| Total gains (losses) (realized and unrealized) |
877
|
7,478
|
254
|
10,616
|
| Purchases |
13,264
|
4,287
|
31,245
|
16,510
|
| Sales |
(28,037)
|
(37,324)
|
(37,305)
|
(35,251)
|
| Settlements |
(1,466)
|
(1,203)
|
(5,033)
|
(1,427)
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
20,001
|
20,124
|
28,751
|
18,141
|
| Ending Balance |
49,858
|
26,561
|
49,858
|
26,561
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
(1,798)
|
2,888
|
(1,304)
|
6,808
|
| Sovereign obligations |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
23
|
|
|
|
| Total gains (losses) (realized and unrealized) |
0
|
|
|
|
| Purchases |
0
|
|
|
|
| Sales |
0
|
|
|
|
| Settlements |
0
|
|
|
|
| Issuances |
0
|
|
|
|
| Net transfers into (out of) Level 3 |
(23)
|
|
|
|
| Ending Balance |
0
|
|
0
|
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
0
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
1,159
|
|
|
|
| Total gains/ losses (realized and unrealized) |
0
|
|
|
|
| Purchases |
0
|
|
|
|
| Sales |
0
|
|
|
|
| Settlements |
0
|
|
|
|
| Issuances |
0
|
|
|
|
| Net transfers into (out of) Level 3 |
(1,159)
|
|
|
|
| Ending Balance |
0
|
|
0
|
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
0
|
|
|
|
| Residential mortgage-backed securities |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
1,186
|
21,692
|
1,477
|
21,826
|
| Total gains (losses) (realized and unrealized) |
(47)
|
205
|
(111)
|
33
|
| Purchases |
0
|
0
|
0
|
799
|
| Sales |
0
|
0
|
(204)
|
(784)
|
| Settlements |
(80)
|
(612)
|
(103)
|
(1,126)
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
0
|
(15,252)
|
0
|
(14,715)
|
| Ending Balance |
1,059
|
6,033
|
1,059
|
6,033
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
(17)
|
(36)
|
(57)
|
88
|
| Commercial mortgage-backed securities |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
3,732
|
2,671
|
2,333
|
2,003
|
| Total gains (losses) (realized and unrealized) |
(439)
|
201
|
(463)
|
158
|
| Purchases |
0
|
0
|
0
|
1,119
|
| Sales |
0
|
0
|
0
|
(393)
|
| Settlements |
0
|
(1,696)
|
0
|
(1,696)
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
(1,423)
|
0
|
0
|
(15)
|
| Ending Balance |
1,870
|
1,176
|
1,870
|
1,176
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
0
|
(824)
|
(29)
|
(740)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
315
|
35
|
210
|
35
|
| Total gains/ losses (realized and unrealized) |
0
|
0
|
0
|
0
|
| Purchases |
0
|
(35)
|
0
|
(35)
|
| Sales |
70
|
35
|
175
|
35
|
| Settlements |
0
|
0
|
0
|
0
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
0
|
0
|
0
|
0
|
| Ending Balance |
385
|
35
|
385
|
35
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
0
|
0
|
0
|
0
|
| Other asset-backed securities |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
62,382
|
60,594
|
93,524
|
79,995
|
| Total gains (losses) (realized and unrealized) |
(781)
|
3,575
|
835
|
6,373
|
| Purchases |
21,501
|
12,835
|
37,795
|
34,476
|
| Sales |
(1,688)
|
(1,099)
|
(17,238)
|
(27,647)
|
| Settlements |
(12,296)
|
(14,408)
|
(22,812)
|
(26,465)
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
15,660
|
9,058
|
(7,326)
|
3,823
|
| Ending Balance |
84,778
|
70,555
|
84,778
|
70,555
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
(1,065)
|
819
|
1,324
|
1,158
|
| Loans and other receivables |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
137,942
|
149,084
|
135,239
|
134,636
|
| Total gains (losses) (realized and unrealized) |
(3,764)
|
2,814
|
(9,814)
|
17,580
|
| Purchases |
15,598
|
26,948
|
29,962
|
37,431
|
| Sales |
(23,603)
|
(8,070)
|
(25,983)
|
(50,556)
|
| Settlements |
(108)
|
(156)
|
(229)
|
(273)
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
11,687
|
19,792
|
8,577
|
51,594
|
| Ending Balance |
137,752
|
190,412
|
137,752
|
190,412
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
(4,764)
|
706
|
(9,726)
|
14,146
|
| Investments at fair value |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
169,508
|
219,541
|
154,373
|
213,946
|
| Total gains (losses) (realized and unrealized) |
1,576
|
26,775
|
33,310
|
103,032
|
| Purchases |
37
|
6,634
|
14,286
|
11,489
|
| Sales |
0
|
(17,085)
|
0
|
(47,244)
|
| Settlements |
(7,277)
|
(5,031)
|
(14,718)
|
(8,573)
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
0
|
0
|
(23,407)
|
(41,816)
|
| Ending Balance |
163,844
|
230,834
|
163,844
|
230,834
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
1,576
|
11,318
|
33,380
|
80,099
|
| FXCM term loan |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
50,335
|
62,132
|
50,455
|
59,455
|
| Total gains (losses) (realized and unrealized) |
1,545
|
(2,977)
|
1,425
|
(300)
|
| Purchases |
0
|
0
|
0
|
0
|
| Sales |
0
|
0
|
0
|
0
|
| Settlements |
0
|
0
|
0
|
0
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
0
|
0
|
0
|
0
|
| Ending Balance |
51,880
|
59,155
|
51,880
|
59,155
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
1,545
|
(2,977)
|
1,425
|
(300)
|
| Loans to and investments in associated companies |
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
22,480
|
39,397
|
30,842
|
40,185
|
| Total gains (losses) (realized and unrealized) |
(7,685)
|
(2,110)
|
(16,047)
|
(2,898)
|
| Purchases |
0
|
0
|
0
|
0
|
| Sales |
0
|
0
|
0
|
0
|
| Settlements |
0
|
0
|
0
|
0
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
0
|
0
|
0
|
0
|
| Ending Balance |
14,795
|
37,287
|
14,795
|
37,287
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
0
|
(2,110)
|
0
|
(2,898)
|
| Loans |
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
11,541
|
14,916
|
15,770
|
16,635
|
| Total gains/ losses (realized and unrealized) |
10
|
(7)
|
(15)
|
1,441
|
| Purchases |
(1,911)
|
(637)
|
(12,315)
|
(6,872)
|
| Sales |
1,089
|
6,330
|
10,194
|
8,817
|
| Settlements |
0
|
44
|
(87)
|
0
|
| Issuances |
0
|
0
|
0
|
0
|
| Net transfers into (out of) Level 3 |
7,554
|
(257)
|
4,736
|
368
|
| Ending Balance |
18,283
|
20,389
|
18,283
|
20,389
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
119
|
(167)
|
104
|
(884)
|
| Net derivatives |
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
47,770
|
305,506
|
67,769
|
26,017
|
| Total gains/ losses (realized and unrealized) |
(9,100)
|
(8,965)
|
(88,018)
|
16,813
|
| Purchases |
(1,559)
|
(36)
|
(1,559)
|
(82)
|
| Sales |
0
|
33,715
|
0
|
66,304
|
| Settlements |
(8,262)
|
593
|
0
|
506
|
| Issuances |
0
|
0
|
21,024
|
0
|
| Net transfers into (out of) Level 3 |
46,148
|
(103,755)
|
75,781
|
117,500
|
| Ending Balance |
74,997
|
227,058
|
74,997
|
227,058
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
9,903
|
8,372
|
86,050
|
(17,358)
|
| Other secured financings |
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
32,377
|
2,168
|
25,905
|
1,543
|
| Total gains/ losses (realized and unrealized) |
0
|
0
|
0
|
0
|
| Purchases |
0
|
0
|
0
|
0
|
| Sales |
0
|
0
|
0
|
0
|
| Settlements |
(30,015)
|
0
|
(23,543)
|
0
|
| Issuances |
0
|
325
|
0
|
950
|
| Net transfers into (out of) Level 3 |
0
|
0
|
0
|
0
|
| Ending Balance |
2,362
|
2,493
|
2,362
|
2,493
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
0
|
0
|
0
|
0
|
| Long-term debt |
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
| Beginning Balance |
794,460
|
723,115
|
881,732
|
676,028
|
| Total gains/ losses (realized and unrealized) |
(146,261)
|
15,986
|
(240,698)
|
41,064
|
| Purchases |
0
|
0
|
0
|
0
|
| Sales |
0
|
0
|
0
|
0
|
| Settlements |
(4,950)
|
0
|
0
|
0
|
| Issuances |
76,443
|
28,565
|
100,195
|
50,295
|
| Net transfers into (out of) Level 3 |
19,661
|
27,432
|
(1,876)
|
27,711
|
| Ending Balance |
739,353
|
795,098
|
739,353
|
795,098
|
| Changes in unrealized gains/losses included in earnings relating to instruments still held |
$ 114,362
|
$ 3,057
|
$ 175,615
|
$ 20,565
|