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Net Interest Income (Expense) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Interest income:          
Short-term investments $ 814 $ 733 $ 2,001 $ 1,727  
Mortgage loans held for sale at fair value 34,941 28,199 95,982 68,528  
Placement fees relating to custodial funds 23,397 13,394 55,014 27,073  
Interest income, excluding related parties 59,152 42,326 152,997 97,328  
Interest income 60,964 44,442 158,683 103,274  
Interest expense:          
Assets sold under agreements to repurchase 4,676 19,203 15,943 52,249  
Mortgage loan participation purchase and sale agreements 2,533 1,484 6,450 3,780  
Notes payable 21,369 11,747 55,939 24,746  
Obligations under capital lease 122 205 444 585  
Interest shortfall on repayments of mortgage loans serviced for Agency securitizations 4,883 4,602 14,259 11,529  
Interest on mortgage loan impound deposits 1,452 1,253 3,517 2,943  
Interest expense, non-affiliates 35,035 38,494 96,552 95,832  
Interest expense 38,775 42,492 108,136 108,843  
Net interest income (expense): 22,189 1,950 50,547 (5,569)  
PMT          
Interest income:          
From PennyMac Mortgage Investment Trust 1,812 2,116 5,686 5,946  
Interest expense:          
To PennyMac Mortgage Investment Trust Excess servicing spread financing at fair value 3,740 3,998 11,584 13,011  
Assets sold under agreements to repurchase          
Interest expense:          
Assets sold under agreements to repurchase 4,676 $ 19,203 15,943 $ 52,249  
Incentives recorded $ 12,800   $ 35,500    
Repurchase agreement initial term         6 months