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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities    
Net income before noncontrolling interests $ 112,280 $ 77,305
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 (140,985) (127,724)
Change in the fair value of premiums and origination fees 4,547 (17,728)
Amortization and depreciation 97,541 80,824
Provision (benefit) for credit losses (216) 166
Other operating activities, net (1,401,599) 1,287,414
Net cash provided by (used in) operating activities (1,328,432) 1,300,257
Cash flows from investing activities    
Capital expenditures (4,638) (1,821)
Capital invested in Interim Program JV (6,184)  
Funding of preferred equity investments (16,321) (15,538)
Net cash paid to increase ownership interest in a previously held equity method investment   (1,058)
Acquisitions, net of cash received (15,000)  
Purchase of mortgage servicing rights   (42,705)
Originations of loans held for investment (167,680) (218,958)
Principal collected on loans held for investment upon payoff 117,479 187,820
Principal collected on loans held for investment upon formation of Interim Program JV 119,750  
Net cash provided by (used in) investing activities 27,406 (92,260)
Cash flows from financing activities    
Borrowings (repayments) of warehouse notes payable, net 1,360,969 (1,239,677)
Borrowings of interim warehouse notes payable 128,661 148,478
Repayments of interim warehouse notes payable (175,934) (138,898)
Repayments of note payable (828) (829)
Proceeds from issuance of common stock 2,887 3,439
Repurchase of common stock (28,863) (12,374)
Debt issuance costs (1,689) (2,425)
Distributions to noncontrolling interests   (5)
Net cash provided by (used in) financing activities 1,285,203 (1,242,291)
Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents (NOTE 2) (15,823) (34,294)
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 213,467 214,484
Total of cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 197,644 180,190
Supplemental Disclosure of Cash Flow Information:    
Cash paid to third parties for interest 34,286 28,592
Cash paid for income taxes $ 38,707 $ 23,061