XML 67 R55.htm IDEA: XBRL DOCUMENT v3.23.3
FAIR VALUE MEASUREMENTS - Schedule of Carrying Amounts and the Fair Values of the Company's Financial Instruments (Detail) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Dec. 31, 2021
Financial assets:        
Cash and cash equivalents $ 236,321 $ 225,949 $ 152,188 $ 305,635
Restricted cash 17,768 17,676 $ 40,246 $ 42,812
Pledged securities 177,509 157,282    
Loans held for sale 758,926 396,344    
Derivative assets 33,617 17,636    
Financial liabilities:        
Derivative liabilities 2,065 2,076    
Warehouse notes payable 790,742 537,531    
Notes payable 774,677 704,103    
Carrying Amount        
Financial assets:        
Cash and cash equivalents 236,321 225,949    
Restricted cash 17,768 17,676    
Pledged securities 177,509 157,282    
Loans held for sale 758,926 396,344    
Loans held for investment, net 39,891 200,247    
Derivative assets 33,617 17,636    
Total financial assets 1,264,032 1,015,134    
Financial liabilities:        
Derivative liabilities 2,065 2,076    
Contingent consideration liabilities 161,183 200,346    
Warehouse notes payable 790,742 537,531    
Notes payable 774,677 704,103    
Total financial liabilities 1,728,667 1,444,056    
Fair Value        
Financial assets:        
Cash and cash equivalents 236,321 225,949    
Restricted cash 17,768 17,676    
Pledged securities 177,509 157,282    
Loans held for sale 758,926 396,344    
Loans held for investment, net 40,000 200,900    
Derivative assets 33,617 17,636    
Total financial assets 1,264,141 1,015,787    
Financial liabilities:        
Derivative liabilities 2,065 2,076    
Contingent consideration liabilities 161,183 200,346    
Warehouse notes payable 791,178 538,134    
Notes payable 788,500 708,546    
Total financial liabilities $ 1,742,926 $ 1,449,102