CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net income	$ 62,508	$ 629,769
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Gain on originated mortgage servicing rights	(71,626)	(70,574)
Depreciation and amortization	74,400	51,921
Nasdaq earn-out recognition	0	(1,108,012)
Provision/(reversals) for/of credit losses on the financial guarantee liability	(89)	(6,349)
Provision for doubtful accounts	4,631	4,064
Equity-based compensation and allocation of net income to limited partnership units and FPUs	58,886	296,073
Employee loan amortization	39,565	36,777
Deferred tax (benefit) provision	(94)	1,084
Non-cash changes in acquisition related earn-outs	0	752
Unrealized (gains) on loans held for sale	(11,827)	(5,821)
Realized loss (gain) on marketable securities	7,470	(4,643)
Unrealized loss (gain) on marketable securities	80,130	16,640
Unrealized loss (gains) on non-marketable investments	13,945	(2,531)
Change in valuation of derivative asset	1,400	12,404
Loan originations—loans held for sale	(3,811,260)	(3,283,534)
Loan sales—loans held for sale	4,046,373	3,960,169
Other	1,297	1,775
Consolidated net income, adjusted for non-cash and non-operating items	495,709	529,964
Changes in operating assets and liabilities:
Receivables, net	50,056	(31,230)
Loans, forgivable loans and other receivables from employees and partners	(64,586)	(33,697)
Right of use asset	(24,830)	20,638
Receivable from related parties	8,262	0
Other assets	12,711	82,935
Accrued compensation	(97,142)	118,936
Right of use liability	27,800	(21,160)
Accounts payable, accrued expenses and other liabilities	(65,294)	123,425
Payables to related parties	(3,652)	(4,669)
Net cash provided by operating activities	339,034	785,142
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for acquisitions, net of cash acquired	(64,247)	(43,529)
Proceeds from the sale of marketable securities	437,820	35,412
Purchase of non-marketable investments	(2,723)	0
Purchases of fixed assets	(17,529)	(6,103)
Net cash provided by investing activities	353,321	(14,220)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from warehouse facilities	3,811,260	3,283,534
Principal payments on warehouse facilities	(4,027,371)	(3,934,565)
Proceeds from the sale of limited partnership interests	0	4,025
Borrowing of debt	0	55,000
Repayment of debt	0	(55,000)
Repurchase agreements and securities loaned	(140,007)	(33,278)
Redemption and repurchase of limited partnership interests	0	(2,321)
Treasury stock repurchases	(175,928)	(55,202)
Earnings and tax distributions to limited partnership interests and other noncontrolling interests	(58,712)	(11,374)
Dividends to stockholders	(7,395)	(3,693)
Payments on acquisition earn-outs	(2,131)	(38,350)
Deferred financing costs	(3,409)	(450)
Net cash used in financing activities	(603,693)	(791,674)
Net increase in cash and cash equivalents and restricted cash	88,662	(20,752)
Cash and cash equivalents and restricted cash at beginning of period	266,500	258,399
Cash and cash equivalents and restricted cash at end of period	355,162	237,647
Cash paid during the period for:
Interest	20,308	18,670
Taxes	68,488	23,444
Supplemental disclosure of non-cash operating, investing and financing activities:
Right-of-use assets and liabilities	$ 82,019	$ 252,163