Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net income	$ 14,238	$ 23,406
Adjustments to reconcile net income to net cash (used in) provide by operating activities:
Gain on originated mortgage servicing rights	(38,967)	(17,254)
Depreciation and amortization	46,039	28,304
Provision for credit losses on the financial guarantee liability	14,480	0
Equity-based compensation and allocation of net income to limited partnership units and FPUs	12,914	13,871
Employee loan amortization	14,468	7,437
Non-cash changes in acquisition related earnouts	(12,813)	193
Loss on non-marketable investments	16,837	0
Unrealized (gains) loss on loans held for sale	(36,061)	(13,276)
Provision for uncollectible accounts	2,754	956
Realized (gains) loss on marketable securities	2,204	51
Unrealized (gains) loss on marketable securities	0	(3,960)
Change in valuation of derivative asset	(21,173)	13,329
Loan originations—loans held for sale	(2,545,715)	(1,554,443)
Loan sales—loans held for sale	2,057,684	1,685,561
Other	2,971	1,167
Consolidated net income (loss), adjusted for non-cash and non-operating items	(470,140)	185,342
Changes in operating assets and liabilities:
Receivables, net	62,000	4,709
Loans, forgivable loans and other receivables from employees and partners	(105,274)	(39,995)
Other assets	(28,253)	(18,602)
Accrued compensation	(89,742)	(62,051)
Accounts payable, accrued expenses and other liabilities	(6,730)	(29,970)
Payables to related parties	(14,262)	0
Net cash (used in) provide by operating activities	(652,401)	39,433
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for acquisitions, net of cash acquired	(5,850)	0
Proceeds from the sale of marketable securities	34,591	9,106
Purchases of fixed assets	(9,849)	(5,936)
Purchase of mortgage servicing rights	(92)	(298)
Net cash (used in) provided by investing activities	18,800	2,872
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from warehouse facilities	2,545,715	1,554,443
Principal payments on warehouse facilities	(2,052,041)	(1,667,084)
Settlement of pre-Spin-Off related party receivables	0	27,044
Borrowing of debt	365,000	50,000
Repayment of debt	0	(50,000)
Securities loaned	(36,735)	43,745
Earnings distributions to limited partnership interests and noncontrolling interests	(36,749)	(33,951)
Dividends to stockholders	(17,773)	(16,043)
Payments on acquisition earn-outs	(1,759)	0
Payment of deferred financing costs	(2,340)	(32)
Net cash (used in) provided by financing activities	763,318	(91,878)
Net increase (decrease) in cash and cash equivalents and restricted cash	129,717	(49,573)
Cash and cash equivalents and restricted cash at beginning of period	221,872	187,406	$ 187,406
Cash and cash equivalents and restricted cash at end of period	351,589	137,833	$ 221,872
Cash paid during the period for:
Interest	1,122	288
Taxes	56,544	59,279
Supplemental disclosure of non-cash operating, investing and financing activities:
Right-of-use assets and liabilities	$ 12,245	$ 182,180