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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 157,078,000 $ 197,691,000
Restricted cash 110,564,000 107,174,000
Loans held for sale, at fair value 848,044,000 774,905,000
Other current assets (see Note 16) 111,072,000 87,976,000
Total current assets 1,787,481,000 1,772,673,000
Goodwill 776,626,000 770,886,000
Mortgage servicing rights, net 508,587,000 517,579,000
Loans, forgivable loans and other receivables from employees and partners, net 866,233,000 769,395,000
Right-of-use assets 513,383,000 500,464,000
Fixed assets, net 158,963,000 166,729,000
Other intangible assets, net 61,127,000 64,468,000
Other assets (see Note 16) 175,343,000 147,926,000
Total assets 4,847,743,000 4,710,120,000
Current liabilities:    
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises 821,165,000 754,308,000
Accrued compensation 362,008,000 448,183,000
Accounts payable, accrued expenses and other liabilities (see Note 25) 575,007,000 577,940,000
Payables to related parties 6,212,000 0
Total current liabilities 1,764,392,000 1,780,431,000
Long-term debt 770,941,000 670,673,000
Right-of-use liabilities 502,331,000 489,832,000
Other long-term liabilities (see Note 25) 250,152,000 231,115,000
Total liabilities 3,287,816,000 3,172,051,000
Commitments and contingencies (see Note 27)
Redeemable partnership interests 12,936,000 13,900,000
Equity:    
Additional paid-in capital 878,539,000 753,001,000
Retained earnings 1,193,099,000 1,207,285,000
Treasury stock at cost: 75,043,652 and 74,983,414 shares of Class A common stock at March 31, 2025 and December 31, 2024, respectively (746,579,000) (745,931,000)
Accumulated other comprehensive loss (6,314,000) (11,287,000)
Total stockholders’ equity 1,321,327,000 1,205,525,000
Noncontrolling interests 225,664,000 318,644,000
Total equity 1,546,991,000 1,524,169,000
Total liabilities, redeemable partnership interests, and equity 4,847,743,000 4,710,120,000
Nonrelated Party    
Current assets:    
Receivables, net 560,723,000 604,601,000
Related Party    
Current assets:    
Receivables, net 0 326,000
Loans, forgivable loans and other receivables from employees and partners, net 866,200,000 769,400,000
Current liabilities:    
Payables to related parties 6,200,000 0
Class A Common Stock    
Equity:    
Common stock value 2,370,000 2,245,000
Class B Common Stock    
Equity:    
Common stock value $ 212,000 $ 212,000