EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2018

EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY

Schedule of Basic and Diluted EPS Under Two-Class Method

	For the year ended December 31,
EPS Calculations (in thousands, except per share amounts)	2018		2017		2016
Calculation of basic EPS
Walker & Dunlop net income	$	161,439	$	211,127	$	113,897
Less: dividends and undistributed earnings allocated to participating securities		5,790		8,443		4,980
Net income applicable to common stockholders	$	155,649	$	202,684	$	108,917
Weighted-average basic shares outstanding		30,202		30,176		29,768
Basic EPS	$	5.15	$	6.72	$	3.66
Calculation of diluted EPS
Net income applicable to common stockholders	$	155,649	$	202,684	$	108,917
Add: reallocation of dividends and undistributed earnings based on assumed conversion		170		313		120
Net income allocated to common stockholders	$	155,819	$	202,997	$	109,037
Weighted-average basic shares outstanding		30,202		30,176		29,768
Add: weighted-average diluted non-participating securities		1,182		1,210		769
Weighted-average diluted shares outstanding		31,384		31,386		30,537
Diluted EPS	$	4.96	$	6.47	$	3.57

Schedule of Restatement of Basic and Diluted Earnings Per Share

		2017		2016
As previously reported
Basic EPS	$	7.03	$	3.87
Diluted EPS		6.56		3.65
As corrected
Basic EPS	$	6.72	$	3.66
Diluted EPS		6.47		3.57
Difference
Basic EPS	$	(0.31)	$	(0.21)
Diluted EPS		(0.09)		(0.08)

Schedule of Outstanding Options to Purchase Shares of Common Stock and Average Restricted Shares that were not Included in Computation of Diluted Earnings per Share

	For the year ended December 31,
Schedule of Anti-dilutive Securities (in thousands)	2018	2017	2016
Average options	—	99	181
Average restricted shares	2	6	181