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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Interest income $ 292,538 $ 190,036
Interest expense 98,229 81,228
Net interest income (expense) 194,309 108,808
Impairment    
Other-than-temporary impairment (OTTI) on securities 2,112 3,254
Valuation and loss provision on loans and real estate owned 17,910 6,745
Total Impairment Charges 20,022 9,999
Net interest income after impairment 174,287 98,809
Servicing revenue, net 40,602 0
Other Income    
Change in fair value of investments in excess mortgage servicing rights 821 7,926
Change in fair value of investments in excess mortgage servicing rights, equity method investees (244) 3,022
Change in fair value of investments in servicer advances 2,559 (31,224)
Gain on consumer loans investment 0 9,943
Gain on remeasurement of consumer loans investment 0 71,250
Gain (loss) on settlement of investments, net (13,674) (12,246)
Other income (loss), net 6,844 (16,749)
Other Income (3,694) 31,922
Operating Expenses    
General and administrative expenses 11,827 12,081
Management fee to affiliate 13,074 10,008
Incentive compensation to affiliate 12,460 1,196
Loan servicing expense 13,376 1,731
Subservicing expense 17,704 0
Total Operating Expenses 68,441 25,016
Income (Loss) Before Income Taxes 142,754 105,715
Income tax expense (benefit) 5,596 (10,223)
Net Income (Loss) 137,158 115,938
Noncontrolling Interests in Income of Consolidated Subsidiaries 15,780 4,202
Net Income Attributable to Common Stockholders $ 121,378 $ 111,736
Net Income Per Share of Common Stock    
Basic (in dollars per share) $ 0.42 $ 0.48
Diluted (in dollars per share) $ 0.42 $ 0.48
Weighted Average Number of Shares of Common Stock Outstanding    
Basic (in shares) 286,600,324 230,471,202
Diluted (in shares) 288,241,188 230,538,712
Dividend declared per Share of Common Stock (in dollars per share) $ 0.48 $ 0.46