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FAIR VALUE MEASUREMENTS - Schedule of Carrying Amounts and the Fair Values of the Company's Financial Instruments (Detail) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Financial assets:        
Cash and cash equivalents $ 275,202 $ 120,685 $ 74,184 $ 90,058
Restricted cash 10,894 8,677 15,454 20,821
Pledged securities 128,296 121,767 $ 119,289 $ 116,331
Loans held for sale 1,733,598 787,035    
Loans held for investment, net 404,527 543,542    
Derivative assets 27,085 15,568    
Financial liabilities:        
Derivative liabilities 13,739 36    
Warehouse notes payable 1,863,654 906,128    
Note payable 292,819 293,964    
Carrying Amount        
Financial assets:        
Cash and cash equivalents 275,202 120,685    
Restricted cash 10,894 8,677    
Pledged securities 128,296 121,767    
Loans held for sale 1,733,598 787,035    
Loans held for investment, net 404,527 543,542    
Derivative assets 27,085 15,568    
Total financial assets 2,579,602 1,597,274    
Financial liabilities:        
Derivative liabilities 13,739 36    
Secured borrowings 71,137 70,548    
Warehouse notes payable 1,863,654 906,128    
Note payable 292,819 293,964    
Total financial liabilities 2,241,349 1,270,676    
Fair Value        
Financial assets:        
Cash and cash equivalents 275,202 120,685    
Restricted cash 10,894 8,677    
Pledged securities 128,296 121,767    
Loans held for sale 1,733,598 787,035    
Loans held for investment, net 407,003 546,033    
Derivative assets 27,085 15,568    
Total financial assets 2,582,078 1,599,765    
Financial liabilities:        
Derivative liabilities 13,739 36    
Secured borrowings 71,137 70,548    
Warehouse notes payable 1,864,291 906,821    
Note payable 296,261 297,750    
Total financial liabilities $ 2,245,428 $ 1,275,155