10-Q Filing

NELNET INC CIK: 1258602 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001258602-19-000060`
Period End Date	20190630
Filing Date	20190808
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	nni-20190630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 92 Cash Flow Statement 132 Stockholders Equity 49 Comprehensive Income 32

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$53.72M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$55.29M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$62.59M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$61.78M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$54.59M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$60.39M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$4.05M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$3.27M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized shares (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized shares (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, issued shares (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Loans receivable (net of allowance for loan losses of $62,591 and $60,388, respectively)	`NotesReceivableNet`	$21.46B	USD	Point-in-time
Preferred stock, issued shares (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Loans receivable (net of allowance for loan losses of $62,591 and $60,388, respectively)	`NotesReceivableNet`	$22.38B	USD	Point-in-time
Preferred stock, outstanding shares (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding shares (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotHeldAtRelatedParty`	$14.06M	USD	Point-in-time
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotHeldAtRelatedParty`	$9.47M	USD	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsRelatedParty`	$111.88M	USD	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsRelatedParty`	$70.33M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.40M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.87M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.35M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.75M	USD	Point-in-time
Investments and notes receivable	`InvestmentsAndNotesReceivables`	$249.37M	USD	Point-in-time
Investments and notes receivable	`InvestmentsAndNotesReceivables`	$221.94M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$369.68M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$279.02M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$187.12M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$154.76M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$679.20M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$724.01M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $4,054 and $3,271, respectively)	`AccountsReceivableNet`	$65.41M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $4,054 and $3,271, respectively)	`AccountsReceivableNet`	$59.53M	USD	Point-in-time
Goodwill	`Goodwill`	$156.91M	USD	Point-in-time
Goodwill	`Goodwill`	$156.91M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$114.29M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$97.48M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$337.42M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$344.78M	USD	Point-in-time
Other assets	`OtherAssets`	$45.53M	USD	Point-in-time
Other assets	`OtherAssets`	$106.65M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue`	$230.00K	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue`	$1.82M	USD	Point-in-time
Total assets	`Assets`	$25.22B	USD	Point-in-time
Total assets	`Assets`	$24.22B	USD	Point-in-time
Total assets	`Assets`	$25.21B	USD	Point-in-time
Bonds and notes payable	`DebtAndCapitalLeaseObligations`	$21.29B	USD	Point-in-time
Bonds and notes payable	`DebtAndCapitalLeaseObligations`	$22.22B	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$61.68M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$56.47M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$256.09M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$263.50M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$279.02M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$369.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$21.89B	USD	Point-in-time
Total liabilities	`Liabilities`	$22.91B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$622.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.32B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.30B	USD	Point-in-time
Accumulated other comprehensive earnings	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.88M	USD	Point-in-time
Accumulated other comprehensive earnings	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.14M	USD	Point-in-time
Total Nelnet, Inc. shareholders' equity	`StockholdersEquity`	$2.32B	USD	Point-in-time
Total Nelnet, Inc. shareholders' equity	`StockholdersEquity`	$2.30B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$4.29M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$10.31M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.17B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.25B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$25.22B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$24.22B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Loan interest	`LoanInterest`	$421.09M	USD	2 Qtrs
Loan interest	`LoanInterest`	$480.56M	USD	2 Qtrs
Loan interest	`LoanInterest`	$238.22M	USD	1 Quarter
Loan interest	`LoanInterest`	$223.37M	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$10.95M	USD	2 Qtrs
Investment interest	`InvestmentIncomeInterest`	$16.82M	USD	2 Qtrs
Investment interest	`InvestmentIncomeInterest`	$5.82M	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$8.57M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$229.19M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$432.05M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$497.37M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$246.79M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$307.00M	USD	2 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$171.45M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$186.96M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$378.73M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$125.05M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$57.74M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$118.64M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$59.83M	USD	1 Quarter
Less provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$7.50M	USD	2 Qtrs
Less provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$16.00M	USD	2 Qtrs
Less provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$3.50M	USD	1 Quarter
Less provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$9.00M	USD	1 Quarter
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$102.64M	USD	2 Qtrs
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$54.24M	USD	1 Quarter
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$117.55M	USD	2 Qtrs
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$50.83M	USD	1 Quarter
Other income	`OtherIncome`	$28.14M	USD	2 Qtrs
Other income	`OtherIncome`	$9.58M	USD	1 Quarter
Other income	`OtherIncome`	$16.15M	USD	1 Quarter
Other income	`OtherIncome`	$25.22M	USD	2 Qtrs
Derivative market value adjustments and derivative settlements, net	`DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet`	$-24.09M	USD	1 Quarter
Derivative market value adjustments and derivative settlements, net	`DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet`	$-35.63M	USD	2 Qtrs
Derivative market value adjustments and derivative settlements, net	`DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet`	$83.83M	USD	2 Qtrs
Derivative market value adjustments and derivative settlements, net	`DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet`	$17.03M	USD	1 Quarter
Total other income	`NoninterestIncome`	$455.12M	USD	2 Qtrs
Total other income	`NoninterestIncome`	$182.15M	USD	1 Quarter
Total other income	`NoninterestIncome`	$200.22M	USD	1 Quarter
Total other income	`NoninterestIncome`	$388.28M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$46.79M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$15.18M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$32.58M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$20.97M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$222.27M	USD	2 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$207.76M	USD	2 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$111.12M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$111.21M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$39.95M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$21.49M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$24.48M	USD	1 Quarter
Loan servicing fees to third parties	`Servicingexpenses`	$6.05M	USD	2 Qtrs
Loan servicing fees to third parties	`Servicingexpenses`	$3.20M	USD	1 Quarter
Loan servicing fees to third parties	`Servicingexpenses`	$3.16M	USD	1 Quarter
Loan servicing fees to third parties	`Servicingexpenses`	$6.34M	USD	2 Qtrs
Other expenses	`OtherExpenses`	$42.26M	USD	1 Quarter
Other expenses	`OtherExpenses`	$73.83M	USD	2 Qtrs
Other expenses	`OtherExpenses`	$40.41M	USD	1 Quarter
Other expenses	`OtherExpenses`	$83.18M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$176.22M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$181.12M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$327.88M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$360.20M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$30.89M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.92M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$212.21M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.05M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.21M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$13.51M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$49.49M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$17.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$162.72M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.68M	USD	1 Quarter
Net income	`ProfitLoss`	$49.54M	USD	1 Quarter
Net income	`ProfitLoss`	$66.33M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-637.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$115.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$104.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$59.00K	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$163.36M	USD	2 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$24.62M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$66.21M	USD	2 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$49.44M	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.65	USD	2 Qtrs
Net income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$3.99	USD	2 Qtrs
Net income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.61	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.21	USD	1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	40.92M	shares	2 Qtrs
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	40.89M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	40.21M	shares	2 Qtrs
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	40.05M	shares	1 Quarter

Cash Flow Statement 132 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$163.36M	USD	2 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$24.62M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$66.21M	USD	2 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$49.44M	USD	1 Quarter
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-637.00K	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$115.00K	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$104.00K	USD	1 Quarter
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$59.00K	USD	1 Quarter
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.40M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.87M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.35M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.75M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$741.73M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$690.58M	USD	Point-in-time
Net income	`ProfitLoss`	$162.72M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.68M	USD	1 Quarter
Restricted cash	`RestrictedCashAndCashEquivalents`	$688.19M	USD	Point-in-time
Net income	`ProfitLoss`	$49.54M	USD	1 Quarter
Net income	`ProfitLoss`	$66.33M	USD	2 Qtrs
Restricted cash	`RestrictedCashAndCashEquivalents`	$701.37M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$369.68M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$279.02M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$187.12M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$154.76M	USD	Point-in-time
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs	`DepreciationDepletionAndAmortization`	$94.12M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$964.35M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$942.07M	USD	Point-in-time
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs	`DepreciationDepletionAndAmortization`	$89.22M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.05B	USD	Point-in-time
Loan discount accretion	`StudentLoanDiscountAccretion`	$-18.81M	USD	2 Qtrs
Loan discount accretion	`StudentLoanDiscountAccretion`	$-21.80M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$7.50M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$16.00M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$3.50M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$9.00M	USD	1 Quarter
Derivative market value adjustments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$55.13M	USD	2 Qtrs
Derivative market value adjustments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-67.64M	USD	2 Qtrs
Proceeds from termination of derivative instruments	`ProceedsFromTerminationOfDerivativeInstrument`	-	USD	2 Qtrs
Proceeds from termination of derivative instruments	`ProceedsFromTerminationOfDerivativeInstrument`	$2.12M	USD	2 Qtrs
(Payments to) proceeds from clearinghouse - initial and variation margin, net	`ProceedsFromPaymentsToClearinghouse`	$-77.23M	USD	2 Qtrs
(Payments to) proceeds from clearinghouse - initial and variation margin, net	`ProceedsFromPaymentsToClearinghouse`	$40.26M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.80M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain from sale of loans	`GainLossOnSalesOfLoansNet`	$1.71M	USD	2 Qtrs
Gain from sale of loans	`GainLossOnSalesOfLoansNet`	-	USD	2 Qtrs
Gain from sale of loans	`GainLossOnSalesOfLoansNet`	-	USD	1 Quarter
Gain from sale of loans	`GainLossOnSalesOfLoansNet`	$1.71M	USD	1 Quarter
Gain from debt repurchases	`GainLossOnRepurchaseOfDebtInstrument`	$359.00K	USD	2 Qtrs
Gain from debt repurchases	`GainLossOnRepurchaseOfDebtInstrument`	-	USD	2 Qtrs
Gain from investments and notes receivable, net	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$6.83M	USD	2 Qtrs
Gain from investments and notes receivable, net	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$2.97M	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$21.29M	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-15.02M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$2.73M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$3.14M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.81M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$214.00K	USD	2 Qtrs
Increase in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$44.97M	USD	2 Qtrs
Increase in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$160.70M	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.97M	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.40M	USD	2 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-54.25M	USD	2 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.54M	USD	2 Qtrs
(Decrease) increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-5.21M	USD	2 Qtrs
(Decrease) increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$13.19M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.67M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-46.57M	USD	2 Qtrs
Decrease in due to customers	`IncreaseDecreaseInPayablesToCustomers`	$-90.66M	USD	2 Qtrs
Decrease in due to customers	`IncreaseDecreaseInPayablesToCustomers`	$-32.36M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.84M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$71.63M	USD	2 Qtrs
Purchases of loans	`PaymentsToAcquireFinanceReceivables`	$2.59B	USD	2 Qtrs
Purchases of loans	`PaymentsToAcquireFinanceReceivables`	$997.12M	USD	2 Qtrs
Purchases of loans from a related party	`PaymentsToFundLongtermLoansToRelatedParties`	-	USD	2 Qtrs
Purchases of loans from a related party	`PaymentsToFundLongtermLoansToRelatedParties`	$32.58M	USD	2 Qtrs
Net proceeds from loan repayments, claims, capitalized interest, and other	`ProceedsFromCollectionOfFinanceReceivables`	$1.89B	USD	2 Qtrs
Net proceeds from loan repayments, claims, capitalized interest, and other	`ProceedsFromCollectionOfFinanceReceivables`	$1.69B	USD	2 Qtrs
Proceeds from sale of loans	`ProceedsFromSaleOfFinanceReceivables`	$1.39M	USD	2 Qtrs
Proceeds from sale of loans	`ProceedsFromSaleOfFinanceReceivables`	$42.22M	USD	2 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$38.06M	USD	2 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.01M	USD	2 Qtrs
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$192.00K	USD	2 Qtrs
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$31.79M	USD	2 Qtrs
Purchases of investments and issuance of notes receivable	`PaymentsForProceedsFromOtherInvestingActivities`	$24.22M	USD	2 Qtrs
Purchases of investments and issuance of notes receivable	`PaymentsForProceedsFromOtherInvestingActivities`	$26.31M	USD	2 Qtrs
Proceeds from investments and notes receivable	`ProceedsFromInvestmentsAndNotesReceivables`	$16.09M	USD	2 Qtrs
Proceeds from investments and notes receivable	`ProceedsFromInvestmentsAndNotesReceivables`	$24.73M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$65.01M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.72M	USD	2 Qtrs
Business acquisition, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Business acquisition, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$109.15M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$855.48M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.09B	USD	2 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.01B	USD	2 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.64B	USD	2 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$2.73B	USD	2 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$1.09B	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.45M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.51M	USD	2 Qtrs
Payment of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Payment of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	$1.39M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$13.01M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$14.40M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$16.33M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$40.04M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$501.00K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$724.00K	USD	2 Qtrs
Acquisition of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Acquisition of noncontrolling interest	`PaymentsToMinorityShareholders`	$13.45M	USD	2 Qtrs
Issuance of noncontrolling interests	`ProceedsFromMinorityShareholders`	$468.00K	USD	2 Qtrs
Issuance of noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Distribution to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$256.00K	USD	2 Qtrs
Distribution to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$113.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.04B	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-976.04M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-138.39M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$22.29M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$964.35M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$942.07M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.05B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$964.35M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$942.07M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.05B	USD	Point-in-time
Cash disbursements made for interest	`InterestPaidNet`	$354.90M	USD	2 Qtrs
Cash disbursements made for interest	`InterestPaidNet`	$259.98M	USD	2 Qtrs
Cash disbursements (refunds received) for income taxes, net of payments	`IncomeTaxesPaidNet`	$-7.29M	USD	2 Qtrs
Cash disbursements (refunds received) for income taxes, net of payments	`IncomeTaxesPaidNet`	$11.53M	USD	2 Qtrs
Receipt of beneficial interest in consumer loan securitization	`ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset`	-	USD	2 Qtrs
Receipt of beneficial interest in consumer loan securitization	`ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset`	$7.92M	USD	2 Qtrs

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.17B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.25B	USD	Point-in-time
Issuance of noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$495.00K	USD	1 Quarter
Issuance of noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$52.00K	USD	2 Qtrs
Issuance of noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$26.00K	USD	1 Quarter
Issuance of noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$521.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$162.72M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$24.68M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$49.54M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$66.33M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-739.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-408.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-318.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.17M	USD	2 Qtrs
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$91.00K	USD	1 Quarter
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$238.00K	USD	1 Quarter
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$113.00K	USD	2 Qtrs
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$256.00K	USD	2 Qtrs
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$7.17M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$13.01M	USD	2 Qtrs
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$6.51M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$14.40M	USD	2 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$1.38M	USD	1 Quarter
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$1.91M	USD	1 Quarter
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$4.08M	USD	2 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$3.88M	USD	2 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.96M	USD	2 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.59M	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.59M	USD	2 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.51M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$16.33M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$40.04M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$4.91M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$23.68M	USD	1 Quarter
Acquisition of noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$19.10M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.17B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.25B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$162.72M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$24.68M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$49.54M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$66.33M	USD	2 Qtrs

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$162.72M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$24.68M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$49.54M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$66.33M	USD	2 Qtrs
Unrealized holding losses arising during period, net of gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-1.47M	USD	2 Qtrs
Unrealized holding losses arising during period, net of gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-537.00K	USD	1 Quarter
Unrealized holding losses arising during period, net of gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-972.00K	USD	2 Qtrs
Unrealized holding losses arising during period, net of gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-413.00K	USD	1 Quarter
Reclassification adjustment for gains recognized in net income, net of losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	-	USD	1 Quarter
Reclassification adjustment for gains recognized in net income, net of losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$5.00K	USD	1 Quarter
Reclassification adjustment for gains recognized in net income, net of losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$52.00K	USD	2 Qtrs
Reclassification adjustment for gains recognized in net income, net of losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	-	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossTax`	$-233.00K	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossTax`	$-356.00K	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossTax`	$-100.00K	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	$-129.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-739.00K	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-408.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-318.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.17M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$65.59M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$161.55M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.27M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$49.22M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-637.00K	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$104.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$115.00K	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$59.00K	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$49.12M	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$24.21M	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$162.19M	USD	2 Qtrs
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$65.47M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.