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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income from continuing operations $ 507 $ 67,432
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Provision for loan losses 30,706 32,415
Loss (income) of associated companies, net of taxes 26,420 (408)
Realized and unrealized losses (gains) on securities, net 25,515 (68,720)
Derivative gains on economic interests in loans (3,692) (10,491)
Deferred income taxes 5,231 27,349
Depreciation and amortization 48,735 49,046
Non-cash lease expense 6,890 8,594
Equity-based compensation 589 634
Goodwill impairment charges 0 24,219
Asset impairment charges 617 849
Other 3,622 1,393
Net change in operating assets and liabilities:    
Trade and other receivables (22) (31,401)
Inventories 1,444 (3,419)
Prepaid expenses and other assets (1,041) (2,143)
Accounts payable, accrued and other liabilities 5,865 11,711
Net decrease (increase) in loans held for sale 144,844 (42,193)
Net cash provided by operating activities - continuing operations 296,230 64,867
Net cash used in operating activities - discontinued operations (1,649) (10,367)
Total cash provided by operating activities 294,581 54,500
Cash flows from investing activities:    
Purchases of investments (7,256) (79,731)
Proceeds from sales of investments 2,327 25,951
Proceeds from maturities of investments 32,995 73,745
Loan originations, net of collections (2,022,276) (136,614)
Purchases of property, plant and equipment (15,581) (26,523)
Proceeds from sales of assets 3,067 267
Settlement of short positions, net 0 (14,611)
Acquisitions, net of cash acquired (3,500) (45,559)
Net cash used in investing activities - continuing operations (2,010,224) (203,075)
Net cash used in investing activities - discontinued operations 0 (2,585)
Net cash used in investing activities (2,010,224) (205,660)
Cash flows from financing activities:    
Net revolver borrowings (26,948) (53,498)
Net repayments of term loans (8,181) (7,305)
Purchases of the Company's common units 0 (6,721)
Net increase in other borrowings 2,159,721 0
Redemption of SPLP preferred units (40,000) 0
Deferred finance charges (1,474) (815)
Net decrease in deposits (365,859) (13,407)
Net cash provided by (used in) financing activities - continuing operations 1,717,259 (81,746)
Net cash provided by (used in) financing activities - discontinued operations 0 (2,595)
Net cash provided by (used in) financing activities 1,717,259 (84,341)
Net change for the period 1,616 (235,501)
Effect of exchange rate changes on cash and cash equivalents 182 316
Cash, cash equivalents and restricted cash at beginning of period 139,467 347,318
Cash, cash equivalents and restricted cash at end of period $ 141,265 $ 112,133