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Supplemental Cash Flow Information (Tables)
12 Months Ended
Dec. 31, 2018
Supplemental Cash Flow Information  
Schedule of supplemental cash flow information

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

 

2018

   

2017

   

2016

 

 

 

(in thousands)

Cash paid for interest

 

$

161,001

   

$

158,147

   

$

104,938

(Refunds received) cash paid for income taxes, net

 

$

(2,059)

 

$

(5,513)

 

$

1,866

Non-cash investing activity:

 

 

 

 

 

 

 

 

 

Mortgage servicing rights resulting from mortgage loan sales

 

$

591,757

 

$

581,101

 

$

577,531

Mortgage servicing liabilities resulting from mortgage loan sales

 

$

7,601

 

$

17,229

 

$

14,991

Unsettled portion of MSR acquisitions

 

$

10,139

 

$

5,319

 

$

 —

Refinancing of Note receivable from PennyMac Mortgage Investment Trust as  Assets purchased from PennyMac Mortgage Investment Trust under agreements to resell pledged to creditors

 

$

 —

 

$

 —

 

$

150,000

Non-cash financing activity:

 

 

 

 

 

 

 

 

 

Issuance of Excess servicing spread payable to PennyMac Mortgage Investment Trust pursuant to a recapture agreement

 

$

2,688

 

$

5,244

 

$

6,603

Unpaid distribution to Private National Mortgage Acceptance Company, LLC members

 

$

 —

 

$

 —

 

$

7,585

Issuance of Class A common stock and common stock in settlement of director fees

 

$

330

 

$

338

 

$

313