XML 20 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 187,726 $ 285,969
Restricted cash and cash equivalents 65,409 112,826
Residential loans at amortized cost, net 473,880 985,454
Residential loans at fair value 9,146,956 10,725,232
Receivables, net 116,816 124,344
Servicer and protective advances, net 440,497 813,433
Servicing rights, net 607,221 773,251
Goodwill 0 47,747
Intangible assets, net 15,769 8,733
Premises and equipment, net 66,260 50,213
Deferred tax assets, net 29 1,400
Other assets 163,963 235,595
Total assets 11,284,526 14,164,197
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Payables and accrued liabilities 868,022 994,493
Payables and accrued liabilities 868,022 1,020,300
Servicer payables 143,357 116,779
Servicing advance liabilities 218,291 483,462
Warehouse borrowings 1,541,726 1,085,198
Corporate debt 1,133,218 1,214,663
Mortgage-backed debt 131,313 735,882
HMBS related obligations at fair value 7,264,821 9,175,128
Deferred tax liabilities, net 1,901 848
Total liabilities not subject to compromise 11,302,649 13,806,453
Liabilities subject to compromise 0 806,937
Total liabilities 11,302,649 14,613,390
Commitments and contingencies
Stockholders' deficit:    
Preferred stock 1 0
Common stock 53 374
Additional paid-in capital 186,825 598,193
Accumulated deficit (205,094) (1,048,817)
Accumulated other comprehensive income 92 1,057
Total stockholders' deficit (18,123) (449,193)
Total liabilities and stockholders' deficit 11,284,526 14,164,197
Variable Interest Entity, Primary Beneficiary [Member]    
ASSETS    
Restricted cash and cash equivalents 12,229 44,376
Residential loans at amortized cost, net 0 424,420
Residential loans at fair value 324,934 301,435
Receivables, net 3,838 5,824
Servicer and protective advances, net 244,730 446,799
Other assets 23,092 39,837
Total assets 608,823 1,262,691
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Payables and accrued liabilities 1,911 3,086
Servicing advance liabilities 218,291 444,563
Warehouse borrowings 225,399 0
Mortgage-backed debt 131,313 735,882
Total liabilities $ 576,914 $ 1,183,531