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Earnings Per Share of Common Stock (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 01, 2018
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Basic earnings per share of common stock:          
Net income attributable to common stockholders   $ 121,473 $ 14,489 $ 240,304 $ 48,945
Weighted-average common stock outstanding   78,361 25,125 78,119 24,644
Basic earnings per share of common stock (in dollars per share)   $ 1.55 $ 0.58 $ 3.08 $ 1.99
Diluted earnings per share of common stock:          
Net income attributable to common stockholders   $ 121,473 $ 14,489 $ 240,304 $ 48,945
Net income attributable to dilutive stock-based compensation units     552   2,435
Effect of net income attributable to noncontrolling interest, net of tax     29,580   101,921
Net income attributable to common stockholders for diluted earnings per share   $ 121,473 $ 44,621 $ 240,304 $ 153,301
Weighted-average common stock outstanding applicable to basic earnings per share   78,361 25,125 78,119 24,644
Effect of dilutive shares:          
Common shares issuable under stock-based compensation plan   $ 2,021 $ 1,476 $ 1,702 $ 1,818
PennyMac Class A units exchangeable to common stock     52,312   52,492
Weighted-average shares of common stock outstanding applicable to diluted earnings per share   80,382 78,913 79,821 78,954
Diluted earnings per share of common stock (in dollars per share)   $ 1.51 $ 0.57 $ 3.01 $ 1.94
Total anti-dilutive shares and units   1,723 2,466 1,873 1,833
Performance-based RSUs          
Effect of dilutive shares:          
Total anti-dilutive shares and units   1,157 1,172 985 1,060
Stock Options          
Effect of dilutive shares:          
Total anti-dilutive shares and units   566 1,208 888 705
Weighted-average exercise price of anti-dilutive stock options   $ 23.50 $ 17.79 $ 23.98 $ 17.79
Time-based RSUs          
Effect of dilutive shares:          
Total anti-dilutive shares and units     86   68
Class A Unit | New PFSI          
Common stock conversion ratio (as a percent) 100.00%