CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net income	$ (5,120)	$ 62,508
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Gains on originated mortgage servicing rights	(31,619)	(71,626)
Depreciation and amortization	80,864	74,400
Provision for credit losses on the financial guarantee liability	2,583	(89)
Provision for doubtful accounts	(1,438)	4,631
Equity-based compensation and allocation of net income to limited partnership units and FPUs	55,258	58,886
Employee loan amortization	50,423	39,565
Deferred tax (benefit) provision	0	(94)
Non-cash changes in acquisition related earn-outs	194	0
Unrealized (gains)/losses on loans held for sale	4,487	(11,827)
Loss (income) from an equity method investment	(8,535)	0
Realized losses on marketable securities	0	7,470
Unrealized losses on marketable securities	478	80,130
Unrealized losses (gains) on non-marketable investments	0	13,945
Change in valuation of derivative asset	0	1,400
Loan originations—loans held for sale	(3,779,074)	(3,811,260)
Loan sales—loans held for sale	2,975,962	4,046,373
Other	4,692	1,297
Consolidated net income (loss), adjusted for non-cash and non-operating items	(650,845)	495,709
Changes in operating assets and liabilities:
Receivables, net	19,679	50,056
Loans, forgivable loans and other receivables from employees and partners	(177,837)	(64,586)
Right-of-use asset	17,941	(24,830)
Receivable from related parties	0	8,262
Other assets	(20,804)	12,711
Accrued compensation	(89,601)	(97,142)
Right-of-use liability	(5,106)	27,800
Accounts payable, accrued expenses and other liabilities	7,580	(65,294)
Payables to related parties	(485)	(3,652)
Net cash provided by (used in) operating activities	(899,478)	339,034
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for acquisitions, net of cash acquired and proceeds from divestitures	(99,885)	(64,247)
Proceeds from the sale of marketable securities	0	437,820
Purchase of non-marketable investments	0	(2,723)
Purchases of fixed assets	(33,634)	(17,529)
Net cash provided by (used in) investing activities	(133,519)	353,321
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from warehouse facilities	3,779,074	3,811,260
Principal payments on warehouse facilities	(2,985,008)	(4,027,371)
Borrowing of debt	225,000	0
Repurchase agreements and securities loaned	0	(140,007)
Treasury stock repurchases	(13,361)	(175,928)
Earnings and tax distributions to limited partnership interests and other noncontrolling interests	(22,532)	(58,712)
Dividends to stockholders	(10,441)	(7,395)
Payments on acquisition earn-outs	(983)	(2,131)
Deferred financing costs	0	(3,409)
Net cash provided by (used in) financing activities	971,749	(603,693)
Net increase (decrease) in cash and cash equivalents and restricted cash	(61,248)	88,662
Cash and cash equivalents and restricted cash at beginning of period	312,952	266,500
Cash and cash equivalents and restricted cash at end of period	251,704	355,162
Cash paid during the period for:
Interest	22,078	20,308
Taxes	38,472	68,488
Supplemental disclosure of non-cash operating, investing and financing activities:
Right-of-use assets and liabilities	$ 62,889	$ 82,019