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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Stock.
Common Stock
Common Stock.
Additional paid-in capital
Retained earnings
Noncontrolling interest
Common Stock
Total
Balance at Dec. 31, 2015 $ 2   $ 172,354 $ 98,470 $ 791,524   $ 1,062,350
Balance (in shares) at Dec. 31, 2015 21,991            
Changes in stockholders' equity              
Net income       66,079 270,901   336,980
Stock and unit-based compensation     4,646   11,701   16,347
Stock and unit-based compensation (in shares) 111            
Distributions         (15,216)   (15,216)
Issuance of Class A common stock in settlement of director fees     313       $ 313
Issuance of Class A common stock in settlement of director fees (in shares) 24            
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.     6,877   (6,877)    
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc. (in shares) 301           301
Tax effect of exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.     (1,418)       $ (1,418)
Balance at Dec. 31, 2016 $ 2   182,772 164,549 1,052,033   1,399,356
Balance (in shares) at Dec. 31, 2016 22,427            
Changes in stockholders' equity              
Net income             54,386
Balance at Mar. 31, 2017             1,457,595
Balance at Dec. 31, 2016 $ 2   182,772 164,549 1,052,033   1,399,356
Balance (in shares) at Dec. 31, 2016 22,427            
Changes in stockholders' equity              
Net income       100,757 210,765   311,522
Stock and unit-based compensation     7,545   14,406   21,951
Issuance of Class A common stock in settlement of director fees     160   178   338
Repurchase of common stock     (8,599)     $ (8,599) $ (8,599)
Repurchase of common stock (in shares) (505)         (505)  
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.     27,119   (27,119)    
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc. (in shares) 1,608           1,608
Tax effect of exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.     (4,894)       $ (4,894)
Balance at Dec. 31, 2017 $ 2   204,103 265,306 1,250,263   1,719,674
Balance (in shares) at Dec. 31, 2017 23,530            
Balance at Mar. 31, 2017             1,457,595
Changes in stockholders' equity              
Net income             50,746
Balance at Jun. 30, 2017             1,511,252
Changes in stockholders' equity              
Net income             82,492
Balance at Sep. 30, 2017             1,590,291
Changes in stockholders' equity              
Net income             123,898
Balance at Dec. 31, 2017 $ 2   204,103 265,306 1,250,263   1,719,674
Balance (in shares) at Dec. 31, 2017 23,530            
Changes in stockholders' equity              
Balance after adjustment (in shares) 23,530            
Balance at Dec. 31, 2017 $ 2   204,103 265,306 1,250,263   1,719,674
Balance (in shares) at Dec. 31, 2017 23,530            
Changes in stockholders' equity              
Net income             66,926
Balance at Mar. 31, 2018             1,794,199
Balance at Dec. 31, 2017 $ 2   204,103 265,306 1,250,263   1,719,674
Balance (in shares) at Dec. 31, 2017 23,530            
Changes in stockholders' equity              
Net income       87,694 156,749   244,443
Stock and unit-based compensation     10,932   19,636   30,568
Stock and unit-based compensation (in shares) 299 23          
Class A common stock dividends ($0.40 per share)       (10,054)     (10,054)
Issuance of Class A common stock in settlement of director fees     79   166   245
Repurchase of common stock     (467)     $ (5,293) (467)
Repurchase of common stock (in shares)   (24)       (260)  
Repurchase of Class A common stock     (1,554)   (3,272)   $ (4,826)
Repurchase of Class A common stock (in shares) (236)            
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc. $ 1   33,155   (33,156)    
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc. (in shares) 1,635           1,635
Exchange of Class A common stock of subsidiary for common stock of PennyMac Financial Services, Inc. pursuant to a reorganization $ (3) $ 3          
Exchange of Class A common stock of subsidiary for common stock of PennyMac Financial Services, Inc. pursuant to a reorganization (in shares) (25,228) 25,228          
Exchange of Class A unit of Private National Mortgage Acceptance Company, LLC for common stock of PennyMac Financial Services, Inc. pursuant to a reorganization, net of income tax effect   $ 5 1,064,315   (1,390,973)   $ (326,653)
Exchange of Class A unit of Private National Mortgage Acceptance Company, LLC for common stock of PennyMac Financial Services, Inc. pursuant to a reorganization, net of income tax effect (in shares)   52,263         52,263
Issuance of common stock in settlement of directors' fees     85       $ 85
Issuance of common stock in settlement of directors' fees (in shares)   4          
Balance at Dec. 31, 2018   $ 8 1,310,648 343,135     1,653,791
Balance (in shares) at Dec. 31, 2018   77,494          
Changes in stockholders' equity              
Cumulative effect of change in accounting principle - Adoption of fair value accounting for all existing classes of mortgage servicing rights at fair value       189 587   776
Balance after adjustment $ 2   204,103 265,495 $ 1,250,850   1,720,450
Balance at Mar. 31, 2018             1,794,199
Changes in stockholders' equity              
Net income             68,405
Balance at Jun. 30, 2018             1,861,944
Changes in stockholders' equity              
Net income             56,152
Balance at Sep. 30, 2018             1,916,710
Changes in stockholders' equity              
Net income             52,960
Balance at Dec. 31, 2018   $ 8 $ 1,310,648 $ 343,135     $ 1,653,791
Balance (in shares) at Dec. 31, 2018   77,494