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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Gains from mortgage banking activities $ 367,185 $ 290,466 $ 221,983
Servicing fees 140,924 114,757 98,414
Escrow earnings and other interest income 9,168 4,473 4,526
Other 34,272 34,542 18,355
Total revenues 575,276 468,198 360,772
Expenses      
Personnel 227,491 184,590 149,374
Amortization and depreciation 111,427 98,173 80,138
Provision (benefit) for credit losses (612) 1,644 2,206
Interest expense on corporate debt 9,851 9,918 10,311
Other operating costs 41,338 38,507 34,831
Total expenses 389,495 332,832 276,860
Income from operations 185,781 135,366 83,912
Income tax expense 71,470 52,771 32,490
Net income before noncontrolling interests 114,311 82,595 51,422
Less: net income from noncontrolling interests 414 467  
Walker & Dunlop net income $ 113,897 $ 82,128 $ 51,422
Basic earnings per share $ 3.87 $ 2.76 $ 1.60
Diluted earnings per share $ 3.65 $ 2.65 $ 1.58
Basic weighted average shares outstanding 29,432 29,754 32,210
Diluted weighted average shares outstanding 31,172 30,949 32,624
Loans Held for Sale      
Revenues      
Net warehouse interest income $ 16,245 $ 14,541 $ 11,343
Loans Held for Investment      
Revenues      
Net warehouse interest income $ 7,482 $ 9,419 $ 6,151