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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 197,691,000 $ 164,894,000
Restricted cash 107,174,000 93,812,000
Loans held for sale, at fair value 774,905,000 528,944,000
Other current assets (see Note 17) 87,976,000 95,946,000
Total current assets 1,772,673,000 1,506,104,000
Goodwill 770,886,000 776,547,000
Mortgage servicing rights, net 517,579,000 531,203,000
Loans, forgivable loans and other receivables from employees and partners, net 769,395,000 651,197,000
Right-of-use assets 500,464,000 596,362,000
Fixed assets, net 166,729,000 178,035,000
Other intangible assets, net 64,468,000 83,626,000
Other assets (see Note 17) 147,926,000 148,501,000
Total assets 4,710,120,000 4,471,575,000
Current liabilities:    
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises 754,308,000 498,631,000
Accrued compensation 448,183,000 400,765,000
Accounts payable, accrued expenses and other liabilities (see Note 26) 577,940,000 583,564,000
Payables to related parties 0 6,644,000
Total current liabilities 1,780,431,000 1,489,604,000
Long-term debt 670,673,000 547,260,000
Right-of-use liabilities 489,832,000 598,044,000
Other long-term liabilities (see Note 26) 231,115,000 241,741,000
Total liabilities 3,172,051,000 2,876,649,000
Commitments and contingencies (see Note 28)
Redeemable partnership interests 13,900,000 16,244,000
Equity:    
Additional paid-in capital 753,001,000 657,736,000
Retained earnings 1,207,285,000 1,166,675,000
Treasury stock at cost: 74,983,414 and 56,591,397 shares of Class A common stock at December 31, 2024 and December 31, 2023, respectively (745,931,000) (569,235,000)
Accumulated other comprehensive loss (11,287,000) (4,555,000)
Total stockholders’ equity 1,205,525,000 1,252,928,000
Noncontrolling interests 318,644,000 325,754,000
Total equity 1,524,169,000 1,578,682,000
Total liabilities, redeemable partnership interests, and equity 4,710,120,000 4,471,575,000
Nonrelated Party    
Current assets:    
Receivables, net 604,601,000 622,508,000
Related Party    
Current assets:    
Receivables, net 326,000 0
Loans, forgivable loans and other receivables from employees and partners, net 769,400,000 651,200,000
Current liabilities:    
Payables to related parties 0 6,600,000
Class A Common Stock    
Equity:    
Common stock value 2,245,000 2,095,000
Class B Common Stock    
Equity:    
Common stock value $ 212,000 $ 212,000