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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Feb. 09, 2018
Dec. 31, 2018
Dec. 31, 2017
REVENUES      
Net servicing revenue and fees $ 128,685 $ 339,334 $ 346,682
Net gains on sales of loans 27,963 161,710 284,391
Net fair value gains on reverse loans and related HMBS obligations 10,576 46,833 42,419
Interest income on loans 3,387 1,832 41,195
Other revenues 16,662 109,231 116,573
Total revenues 187,273 658,940 831,260
EXPENSES      
General and administrative 50,520 366,710 596,838
Salaries and benefits 40,408 285,559 384,814
Interest expense 38,756 209,321 261,244
Depreciation and amortization 3,810 32,358 40,764
Goodwill and intangible assets impairment 0 23,660 0
Other expenses, net 229 (38,505) 11,061
Total expenses 133,723 879,103 1,294,721
OTHER GAINS (LOSSES)      
Reorganization items and fresh start accounting adjustments 464,563 (2,726) (37,645)
Other net fair value gains 3,740 11,083 2,008
Net losses on extinguishment of debt (864) (4,454) (6,111)
Gain on sale of business 0 0 67,734
Other 0 8,515 7,219
Total other gains 467,439 12,418 33,205
Income (loss) before income taxes 520,989 (207,745) (430,256)
Income tax benefit (18) (2,651) (3,357)
Net income (loss) 521,007 (205,094) (426,899)
OTHER COMPREHENSIVE INCOME (LOSS) BEFORE TAXES      
Change in postretirement benefits liability 0 54 (89)
Unrealized gain on available-for-sale security in other assets 0 69 104
Other comprehensive income before taxes 0 123 15
Income tax expense for other comprehensive income items 0 31 5
Other comprehensive income 0 92 10
Total comprehensive income (loss) $ 521,007 $ (205,002) $ (426,889)
Basic earnings (loss) per common and common equivalent share $ 13.94 $ (41.93) $ (11.61)
Diluted earnings (loss) per common and common equivalent share $ 13.92 $ (41.93) $ (11.61)
Weighted-average common and common equivalent shares outstanding — basic 37,374 4,891 36,761
Weighted-average common and common equivalent shares outstanding — diluted 37,424 4,891 36,761