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Consolidated Statements of Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
REVENUES    
Net servicing revenue and fees $ 346,682 $ 340,991
Net gains on sales of loans 284,391 409,448
Net fair value gains on reverse loans and related HMBS obligations 42,419 59,022
Interest income on loans 41,195 45,700
Insurance revenue 3,963 41,968
Other revenues 112,610 98,588
Total revenues 831,260 995,717
EXPENSES    
General and administrative 596,838 619,772
Salaries and benefits 384,814 520,357
Interest expense 261,244 255,781
Depreciation and amortization 40,764 59,426
Reorganization items 37,645 0
Goodwill and intangible assets impairment 0 326,286
Other expenses, net 11,061 10,530
Total expenses 1,332,366 1,792,152
OTHER GAINS (LOSSES)    
Gain on sale of business 67,734 0
Net gains (losses) on extinguishment of debt (6,111) 14,662
Other net fair value gains (losses) 2,008 (4,234)
Other 7,219 (3,811)
Total other gains 70,850 6,617
Loss before income taxes (430,256) (789,818)
Income tax expense (benefit) (3,357) 44,040
Net loss (426,899) (833,858)
OTHER COMPREHENSIVE INCOME (LOSS) BEFORE TAXES    
Change in postretirement benefits liability (89) 100
Unrealized gain on available-for-sale security in other assets 104 75
Other comprehensive income before taxes 15 175
Income tax expense for other comprehensive income items 5 55
Other comprehensive income 10 120
Total comprehensive loss $ (426,889) $ (833,738)
Basic and diluted loss per common and common equivalent share $ (11.61) $ (23.18)
Weighted-average common and common equivalent shares outstanding — basic and diluted 36,761 35,973