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Consolidated Statements of Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUES      
Net servicing revenue and fees $ 340,991 $ 494,267 $ 601,510
Net gains on sales of loans 409,448 453,840 462,172
Net fair value gains on reverse loans and related HMBS obligations 59,022 98,265 109,972
Interest income on loans 45,700 74,365 134,555
Insurance revenue 41,968 47,201 71,010
Other revenues 98,588 106,321 107,934
Total revenues 995,717 1,274,259 1,487,153
EXPENSES      
General and administrative 619,772 574,091 577,506
Salaries and benefits 520,357 576,817 578,627
Goodwill and intangible assets impairment 326,286 207,557 82,269
Interest expense 255,781 273,606 303,103
Depreciation and amortization 59,426 69,128 72,721
Other expenses, net 10,530 10,557 10,803
Total expenses 1,792,152 1,711,756 1,625,029
OTHER GAINS (LOSSES)      
Net gains on extinguishment 14,662 4,660 0
Other net fair value gains (losses) (4,234) 7,398 19,280
Other (3,811) 21,013 (744)
Total other gains 6,617 33,071 18,536
Loss before income taxes (789,818) (404,426) (119,340)
Income tax benefit (260,660) (141,236) (9,012)
Net loss (529,158) (263,190) (110,328)
OTHER COMPREHENSIVE INCOME (LOSS) BEFORE TAXES      
Change in postretirement benefits liability 100 193 138
Amortization of realized losses on closed hedges 0 0 (145)
Unrealized gain on available-for-sale security in other assets 75 503 77
Other comprehensive income before taxes 175 696 70
Income tax expense for other comprehensive income items 55 278 173
Other comprehensive income (loss) 120 418 (103)
Total comprehensive loss $ (529,038) $ (262,772) $ (110,431)
Basic and diluted loss per common and common equivalent share $ (14.71) $ (7.00) $ (2.93)
Weighted-average common and common equivalent shares outstanding — basic and diluted 35,973 37,578 37,631