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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities    
Net income before noncontrolling interests $ 15,333 $ 21,313
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Gains attributable to the fair value of future servicing rights, net of guaranty obligation (23,917) (31,317)
Change in the fair value of premiums and origination fees (63) (7,381)
Amortization and depreciation 25,155 24,674
Provision for credit losses (409) 84
Other operating activities, net 1,940,132 (228,032)
Net cash provided by (used in) operating activities 1,956,231 (220,659)
Cash flows from investing activities    
Capital expenditures (484) (448)
Net cash paid to increase ownership interest in a previously held equity method investment (1,058)  
Originations of loans held for investment   (8,420)
Principal collected on loans held for investment 41,548  
Net cash provided by (used in) investing activities 40,006 (8,868)
Cash flows from financing activities    
(Repayments) borrowings of warehouse notes payable, net (1,999,202) 221,525
Borrowings of interim warehouse notes payable   6,315
Repayments of interim warehouse notes payable (30,469)  
Repayments of note payable (276) (438)
Proceeds from issuance of common stock 3,291 2,819
Repurchase of common stock (8,345) (47,804)
Debt issuance costs   (662)
Tax shortfall from vesting of equity awards   (66)
Net cash provided by (used in) financing activities (2,035,001) 181,689
Net increase (decrease) in cash and cash equivalents (38,764) (47,838)
Cash and cash equivalents at beginning of period 136,988 113,354
Cash and cash equivalents at end of period 98,224 65,516
Supplemental Disclosure of Cash Flow Information:    
Cash paid to third parties for interest 11,880 7,793
Cash paid for taxes $ 11,315 $ 9,114