Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues
Gains from mortgage banking activities	$ 46,323	$ 72,720
Servicing fees	31,649	26,841
Net warehouse interest income	6,731	4,354
Escrow earnings and other interest income	1,640	787
Other	7,898	7,419
Total revenues	94,241	112,121
Expenses
Personnel	34,230	40,045
Amortization and depreciation	25,155	24,674
Provision for credit losses	(409)	84
Interest expense on corporate debt	2,469	2,477
Other operating expenses	8,614	9,435
Total expenses	70,059	76,715
Income from operations	24,182	35,406
Income tax expense	8,849	14,093
Net income before noncontrolling interests	15,333	21,313
Net income from noncontrolling interests	(125)
Walker & Dunlop net income	$ 15,458	$ 21,313
Basic earnings per share	$ 0.52	$ 0.68
Diluted earnings per share	$ 0.50	$ 0.66
Basic weighted average shares outstanding	29,489	31,515
Diluted weighted average shares outstanding	30,782	32,464