XML 38 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 65,405 $ 65,027
Restricted cash 7,750 7,130
Pledged securities, at fair value 34,581 33,481
Loans held for sale, at fair value 479,779 1,101,561
Loans held for investment 9,487 9,468
Servicing fees and other receivables, net 29,416 40,933
Derivative assets 8,306 21,258
Mortgage servicing rights 336,397 315,524
Goodwill 59,969 59,735
Intangible assets 3,348 4,644
Other assets 25,117 29,872
Total assets 1,059,555 1,688,633
Liabilities    
Accounts payable and other accruals 36,346 66,763
Performance deposits from borrowers 6,694 9,503
Derivative liabilities 3,936 867
Guaranty obligation, net of accumulated amortization 22,352 21,155
Allowance for risk-sharing obligations 16,071 15,670
Deferred tax liability 56,035 56,035
Warehouse notes payable 476,221 1,084,539
Notes payable 78,850 80,925
Total liabilities 696,505 1,335,457
Stockholders' equity:    
Preferred shares, Authorized 50,000,000, none issued.      
Common stock, $0.01 par value. Authorized 200,000,000; issued and outstanding 33,613,832 shares in 2013 and 33,567,730 shares in 2012. 336 336
Additional paid-in capital 238,971 236,823
Retained earnings 123,743 116,017
Total stockholders' equity 363,050 353,176
Commitments and contingencies      
Total liabilities and stockholders' equity $ 1,059,555 $ 1,688,633