10-Q Filing

NELNET INC CIK: 1258602 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001258602-20-000069`
Period End Date	20200630
Filing Date	20200806
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	nni-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 96 Cash Flow Statement 128 Stockholders Equity 49 Comprehensive Income 32

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$60.39M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$209.44M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$61.78M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$208.87M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$61.91M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$62.59M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$3.90M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$4.46M	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 and accrued interest receivable (net of allowance for loan losses of $209,445 and $61,914, respectively)	`NotesReceivableNet`	$21.40B	USD	Point-in-time
Loans and accrued interest receivable (net of allowance for loan losses of $209,445 and $61,914, respectively)	`NotesReceivableNet`	$20.46B	USD	Point-in-time
Preferred stock, issued shares (in shares)	`PreferredStockSharesIssued`	0.00	shares	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`	$13.92M	USD	Point-in-time
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotHeldAtRelatedParty`	$14.24M	USD	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsHeldAtRelatedParty`	$119.98M	USD	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsHeldAtRelatedParty`	$53.30M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.35M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.54M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.91M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.40M	USD	Point-in-time
Investments	`Investments`	$247.10M	USD	Point-in-time
Investments	`Investments`	$449.70M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$690.58M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$650.94M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$701.37M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$585.24M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$268.54M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$279.02M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$437.76M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$369.68M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $3,901 and $4,455, respectively)	`AccountsReceivableNet`	$115.39M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $3,901 and $4,455, respectively)	`AccountsReceivableNet`	$73.78M	USD	Point-in-time
Goodwill	`Goodwill`	$156.91M	USD	Point-in-time
Goodwill	`Goodwill`	$156.91M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$81.53M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$66.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$350.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$348.26M	USD	Point-in-time
Other assets	`OtherAssets`	$134.31M	USD	Point-in-time
Other assets	`OtherAssets`	$131.85M	USD	Point-in-time
Total assets	`Assets`	$22.61B	USD	Point-in-time
Total assets	`Assets`	$23.71B	USD	Point-in-time
Total assets	`Assets`	$24.22B	USD	Point-in-time
Bonds and notes payable	`LongTermDebt`	$19.73B	USD	Point-in-time
Bonds and notes payable	`LongTermDebt`	$20.53B	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$32.76M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$47.28M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$242.97M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$303.78M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$268.54M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$437.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$20.27B	USD	Point-in-time
Total liabilities	`Liabilities`	$21.32B	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`	$5.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.33B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.38B	USD	Point-in-time
Accumulated other comprehensive earnings	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.97M	USD	Point-in-time
Accumulated other comprehensive earnings	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.23M	USD	Point-in-time
Total Nelnet, Inc. shareholders' equity	`StockholdersEquity`	$2.34B	USD	Point-in-time
Total Nelnet, Inc. shareholders' equity	`StockholdersEquity`	$2.39B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.99M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$4.38M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	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`	$2.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$23.71B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$22.61B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Loan interest	`LoanInterest`	$146.14M	USD	1 Quarter
Loan interest	`LoanInterest`	$327.93M	USD	2 Qtrs
Loan interest	`LoanInterest`	$238.22M	USD	1 Quarter
Loan interest	`LoanInterest`	$480.56M	USD	2 Qtrs
Investment interest	`InvestmentIncomeInterest`	$5.74M	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$8.57M	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$13.14M	USD	2 Qtrs
Investment interest	`InvestmentIncomeInterest`	$16.82M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$246.79M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$341.07M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$497.37M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$151.88M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$378.73M	USD	2 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$219.37M	USD	2 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$85.25M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$186.96M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$121.71M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$118.64M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$66.64M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$59.83M	USD	1 Quarter
Less provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$16.00M	USD	2 Qtrs
Less provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$3.00M	USD	1 Quarter
Less provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$79.30M	USD	2 Qtrs
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`	$50.83M	USD	1 Quarter
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$63.64M	USD	1 Quarter
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$42.41M	USD	2 Qtrs
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	-	USD	1 Quarter
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$1.71M	USD	1 Quarter
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$1.71M	USD	2 Qtrs
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$18.21M	USD	2 Qtrs
Other income	`OtherIncome`	$60.13M	USD	1 Quarter
Other income	`OtherIncome`	$23.51M	USD	2 Qtrs
Other income	`OtherIncome`	$68.41M	USD	2 Qtrs
Other income	`OtherIncome`	$14.44M	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$34.42M	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	$332.00K	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	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`	$1.91M	USD	1 Quarter
Derivative market value adjustments and derivative settlements, net	`DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet`	$-24.09M	USD	1 Quarter
Derivative market value adjustments and derivative settlements, net	`DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet`	$-14.46M	USD	2 Qtrs
Total other income/expense	`NoninterestIncome`	$251.05M	USD	1 Quarter
Total other income/expense	`NoninterestIncome`	$388.28M	USD	2 Qtrs
Total other income/expense	`NoninterestIncome`	$182.15M	USD	1 Quarter
Total other income/expense	`NoninterestIncome`	$441.68M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$49.51M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$21.12M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$46.79M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$20.97M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$239.12M	USD	2 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$111.21M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$119.25M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$222.27M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$57.04M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$29.39M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$24.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.70M	USD	2 Qtrs
Other expenses	`OtherExpenses`	$89.23M	USD	2 Qtrs
Other expenses	`OtherExpenses`	$37.05M	USD	1 Quarter
Other expenses	`OtherExpenses`	$80.44M	USD	2 Qtrs
Other expenses	`OtherExpenses`	$45.42M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$360.20M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$181.12M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$185.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$376.61M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.92M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$57.98M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$107.87M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$30.89M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.21M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$17.60M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$21.26M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.13M	USD	2 Qtrs
Net income	`ProfitLoss`	$86.61M	USD	1 Quarter
Net income	`ProfitLoss`	$66.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$46.84M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.68M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$59.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$895.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$115.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$128.00K	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$86.48M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$24.62M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$45.95M	USD	2 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$66.21M	USD	2 Qtrs
Net (loss) income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.16	USD	2 Qtrs
Net (loss) income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$2.21	USD	1 Quarter
Net (loss) income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.65	USD	2 Qtrs
Net (loss) income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.61	USD	1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	39.58M	shares	2 Qtrs
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	40.05M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	39.20M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	40.21M	shares	2 Qtrs

Cash Flow Statement 128 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$86.48M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$24.62M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$45.95M	USD	2 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$66.21M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$59.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$895.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$115.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$128.00K	USD	1 Quarter
Net income	`ProfitLoss`	$86.61M	USD	1 Quarter
Net income	`ProfitLoss`	$66.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$46.84M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.68M	USD	1 Quarter
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs	`DepreciationDepletionAndAmortization`	$94.12M	USD	2 Qtrs
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs	`DepreciationDepletionAndAmortization`	$99.28M	USD	2 Qtrs
Loan discount accretion	`StudentLoanDiscountAccretion`	$-19.20M	USD	2 Qtrs
Loan discount accretion	`StudentLoanDiscountAccretion`	$-18.81M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$16.00M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$3.00M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$79.30M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$9.00M	USD	1 Quarter
Derivative market value adjustments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-24.51M	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 clearinghouse - initial and variation margin, net	`ProceedsFromPaymentsToClearinghouse`	$-77.23M	USD	2 Qtrs
Payments to clearinghouse - initial and variation margin, net	`ProceedsFromPaymentsToClearinghouse`	$-24.45M	USD	2 Qtrs
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	-	USD	1 Quarter
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$1.71M	USD	1 Quarter
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$1.71M	USD	2 Qtrs
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$18.21M	USD	2 Qtrs
Gain from investments, net	`GainLossOnInvestmentsAndNotesReceivable`	$2.97M	USD	2 Qtrs
Gain from investments, net	`GainLossOnInvestmentsAndNotesReceivable`	$48.40M	USD	2 Qtrs
(Gain) loss on repurchases and extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.80M	USD	2 Qtrs
(Gain) loss on repurchases and extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$403.00K	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-14.76M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-15.02M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$3.14M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$3.58M	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	$34.42M	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	$332.00K	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Increase in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$123.28M	USD	2 Qtrs
Increase in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$44.97M	USD	2 Qtrs
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.97M	USD	2 Qtrs
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-41.61M	USD	2 Qtrs
Decrease (increase) in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$6.07M	USD	2 Qtrs
Decrease (increase) in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-22.99M	USD	2 Qtrs
Decrease in the carrying amount of ROU asset	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-5.95M	USD	2 Qtrs
Decrease in the carrying amount of ROU asset	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-4.31M	USD	2 Qtrs
Decrease in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-5.21M	USD	2 Qtrs
Decrease in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-14.53M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-504.00K	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-26.82M	USD	2 Qtrs
Decrease in the carrying amount of lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-4.16M	USD	2 Qtrs
Decrease in the carrying amount of lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-4.83M	USD	2 Qtrs
Decrease in due to customers	`IncreaseDecreaseInPayablesToCustomers`	$-90.66M	USD	2 Qtrs
Decrease in due to customers	`IncreaseDecreaseInPayablesToCustomers`	$-169.22M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-105.60M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.84M	USD	2 Qtrs
Purchases of loans	`PaymentsToAcquireFinanceReceivables`	$997.12M	USD	2 Qtrs
Purchases of loans	`PaymentsToAcquireFinanceReceivables`	$872.99M	USD	2 Qtrs
Purchases of loans from a related party	`PaymentsToFundLongtermLoansToRelatedParties`	$32.58M	USD	2 Qtrs
Purchases of loans from a related party	`PaymentsToFundLongtermLoansToRelatedParties`	$75.12M	USD	2 Qtrs
Net proceeds from loan repayments, claims, and capitalized interest	`ProceedsFromCollectionOfFinanceReceivables`	$1.80B	USD	2 Qtrs
Net proceeds from loan repayments, claims, and capitalized interest	`ProceedsFromCollectionOfFinanceReceivables`	$1.89B	USD	2 Qtrs
Proceeds from sale of loans	`ProceedsFromSaleOfFinanceReceivables`	$42.22M	USD	2 Qtrs
Proceeds from sale of loans	`ProceedsFromSaleOfFinanceReceivables`	$90.47M	USD	2 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.01M	USD	2 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$112.67M	USD	2 Qtrs
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$23.37M	USD	2 Qtrs
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$192.00K	USD	2 Qtrs
Proceeds from beneficial interest in loan securitizations	`ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables`	$21.77M	USD	2 Qtrs
Proceeds from beneficial interest in loan securitizations	`ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables`	$968.00K	USD	2 Qtrs
Purchases of other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$26.31M	USD	2 Qtrs
Purchases of other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$117.60M	USD	2 Qtrs
Proceeds from other investments	`ProceedsFromInvestmentsAndNotesReceivables`	$23.76M	USD	2 Qtrs
Proceeds from other investments	`ProceedsFromInvestmentsAndNotesReceivables`	$6.77M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.72M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$46.99M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$717.29M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$855.48M	USD	2 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.01B	USD	2 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.07B	USD	2 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$1.25B	USD	2 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$1.09B	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.86M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.51M	USD	2 Qtrs
Payments to extinguish debt	`PaymentsOfDebtExtinguishmentCosts`	$1.39M	USD	2 Qtrs
Payments to extinguish debt	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$14.40M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$15.68M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$68.53M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$40.04M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$724.00K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$781.00K	USD	2 Qtrs
Acquisition of noncontrolling interest	`PaymentsToMinorityShareholders`	$2.00M	USD	2 Qtrs
Acquisition of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Distribution to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$333.00K	USD	2 Qtrs
Distribution to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$113.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-912.97M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-976.04M	USD	2 Qtrs
Net decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-301.29M	USD	2 Qtrs
Net decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-138.39M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$921.32M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	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`	$1.05B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$921.32M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	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`	$1.05B	USD	Point-in-time
Cash disbursements made for interest	`InterestPaid`	$209.17M	USD	2 Qtrs
Cash disbursements made for interest	`InterestPaid`	$354.90M	USD	2 Qtrs
Cash disbursements made for income taxes, net of refunds and credits received	`IncomeTaxesPaidNet`	$7.95M	USD	2 Qtrs
Cash disbursements made for income taxes, net of refunds and credits received	`IncomeTaxesPaidNet`	$11.53M	USD	2 Qtrs
Cash disbursements made for operating leases	`OperatingLeasePayments`	$5.44M	USD	2 Qtrs
Cash disbursements made for operating leases	`OperatingLeasePayments`	$4.79M	USD	2 Qtrs
ROU assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.30M	USD	2 Qtrs
ROU assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.27M	USD	2 Qtrs
Receipt of beneficial interest in consumer loan securitizations	`ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset`	$38.49M	USD	2 Qtrs
Receipt of beneficial interest in consumer loan securitizations	`ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset`	$7.92M	USD	2 Qtrs
Distribution to noncontrolling interest	`NoncashDistributionsToNoncontrollingInterestHolders`	-	USD	2 Qtrs
Distribution to noncontrolling interest	`NoncashDistributionsToNoncontrollingInterestHolders`	$33.00K	USD	2 Qtrs
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$921.32M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.05B	USD	Point-in-time

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
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`	$2.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Issuance of noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$26.00K	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`	$52.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$86.61M	USD	1 Quarter
Net income	`ProfitLoss`	$66.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$46.84M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.68M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-739.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-408.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$261.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$2.37M	USD	1 Quarter
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$589.00K	USD	2 Qtrs
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$113.00K	USD	2 Qtrs
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$534.00K	USD	1 Quarter
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$91.00K	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$7.73M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$15.68M	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`	$14.40M	USD	2 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$4.60M	USD	2 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$1.66M	USD	1 Quarter
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$1.38M	USD	1 Quarter
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$3.88M	USD	2 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.60M	USD	2 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.59M	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.86M	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.96M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$40.04M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$68.53M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$67.27M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$23.68M	USD	1 Quarter
Conversion of common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Conversion of common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	2 Qtrs
Conversion of common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Acquisition of noncontrolling interest	`NoncontrollingInterestDecreaseFromDeconsolidation`	$2.00M	USD	1 Quarter
Acquisition of noncontrolling interest	`NoncontrollingInterestDecreaseFromDeconsolidation`	$2.00M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
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`	$2.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$86.61M	USD	1 Quarter
Net income	`ProfitLoss`	$66.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$46.84M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.68M	USD	1 Quarter
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-537.00K	USD	1 Quarter
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-972.00K	USD	2 Qtrs
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$221.00K	USD	2 Qtrs
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$3.24M	USD	1 Quarter
Reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	-	USD	1 Quarter
Reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-123.00K	USD	2 Qtrs
Reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	-	USD	2 Qtrs
Reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$112.00K	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	$-233.00K	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossTax`	$750.00K	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	$83.00K	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossTax`	$-129.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-739.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-408.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$261.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$47.11M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$88.98M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$65.59M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.27M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$59.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$895.00K	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$115.00K	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$128.00K	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$24.21M	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$88.86M	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$46.21M	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.