Reverse Repurchase Agreements |
9 Months Ended |
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Sep. 30, 2025 | |
| Reverse Repurchase Agreements [Abstract] | |
| Reverse Repurchase Agreements | Reverse Repurchase Agreements The Company may enter into reverse repurchase agreements with third-party broker-dealers whereby it purchases U.S. Treasury securities under agreements to resell at an agreed-upon price and date. Generally, the Company may enter into reverse repurchase agreement transactions in order to effectively borrow U.S. Treasury securities that it can then deliver to counterparties to whom it has made short sales of the same securities, earn a yield on excess cash balances, or preserve existing repurchase agreements by substituting collateral. As of September 30, 2025 and December 31, 2024, the Company had $143.2 million and $354.7 million in amounts due to counterparties as collateral for reverse repurchase agreements that could be pledged, delivered or otherwise used, with a carrying value of the reverse repurchase agreements of $158.1 million and $356.0 million, respectively.
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- Definition Reverse Repurchase Agreements [Abstract] No definition available.
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- Definition The entire disclosure for resale agreements (also known as reverse repurchase agreements or reverse repos). No definition available.
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