XML 76 R70.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
FAIR VALUE MEASUREMENTS - Schedule of Carrying Amounts and the Fair Values of the Company's Financial Instruments (Detail) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Financial assets:        
Cash and cash equivalents $ 120,685 $ 90,058 $ 191,218 $ 118,756
Restricted cash 8,677 20,821 6,677 9,861
Pledged securities 121,767 116,331 $ 97,859 $ 84,850
Loans held for sale 787,035 1,074,348    
Loans held for investment, net 543,542 497,291    
Derivative assets 15,568 35,536    
Financial liabilities:        
Derivative liabilities 36 32,697    
Warehouse notes payable 906,128 1,161,382    
Note payable 293,964 296,010    
Carrying Amount        
Financial assets:        
Cash and cash equivalents 120,685 90,058    
Restricted cash 8,677 20,821    
Pledged securities 121,767 116,331    
Loans held for sale 787,035 1,074,348    
Loans held for investment, net 543,542 497,291    
Derivative assets 15,568 35,536    
Total financial assets 1,597,274 1,834,385    
Financial liabilities:        
Derivative liabilities 36 32,697    
Secured borrowings 70,548 70,052    
Warehouse notes payable 906,128 1,161,382    
Note payable 293,964 296,010    
Total financial liabilities 1,270,676 1,560,141    
Fair Value        
Financial assets:        
Cash and cash equivalents 120,685 90,058    
Restricted cash 8,677 20,821    
Pledged securities 121,767 116,331    
Loans held for sale 787,035 1,074,348    
Loans held for investment, net 546,033 503,549    
Derivative assets 15,568 35,536    
Total financial assets 1,599,765 1,840,643    
Financial liabilities:        
Derivative liabilities 36 32,697    
Secured borrowings 70,548 70,052    
Warehouse notes payable 906,821 1,162,791    
Note payable 297,750 300,000    
Total financial liabilities $ 1,275,155 $ 1,565,540