TOTAL EQUITY

3 Months Ended

Mar. 31, 2017

TOTAL EQUITY

Total Equity

NOTE 12—TOTAL EQUITY

A summary of changes in total equity is presented below:

		Stockholders' Equity
				Additional
	Common Stock			Paid-In		Retained		Noncontrolling		Total
(in thousands)	Shares	Amount		Capital		Earnings		Interests		Equity
Balance at December 31, 2016	29,551	$	296	$	228,889	$	381,031	$	4,858	$	615,074
Walker & Dunlop net income	—		—		—		43,221		—		43,221
Net income from noncontrolling interests	—		—		—		—		(161)		(161)
Stock-based compensation - equity classified	—		—		4,681		—		—		4,681
Issuance of common stock in connection with equity compensation plans	983		9		2,875		—		—		2,884
Repurchase and retirement of common stock	(439)		(4)		(17,537)		—		—		(17,541)
Balance at March 31, 2017	30,095	$	301	$	218,908	$	424,252	$	4,697	$	648,158