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Supplemental Cash Flow Information (Tables)
3 Months Ended
Mar. 31, 2019
Supplemental Cash Flow Information  
Schedule of supplemental cash flow information

 

 

 

 

 

 

 

 

 

Quarter ended March 31, 

 

    

2019

    

2018

 

 

(in thousands)

Cash paid for interest

 

$

33,952

   

$

40,227

Cash paid for income taxes, net

 

$

66

 

$

 2

Non-cash investing activity:

 

 

 

 

 

 

Mortgage servicing rights resulting from mortgage loan sales

 

$

115,751

 

$

143,910

Mortgage servicing liabilities resulting from mortgage loan sales

 

$

794

 

$

2,037

Unsettled portion of MSR acquisitions

 

$

16,291

 

$

62

Operating right-of-use assets recognized upon the adoption of ASU 2016-02

 

$

58,598

 

$

 —

Non-cash financing activity:

 

 

 

 

 

 

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

 

$

508

 

$

904

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

 

$

86

 

$

79