CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash (includes $101,773 and $108,174 pledged to creditors)	$ 201,268	$ 155,289
Short-term investments at fair value	90,663	117,824
Loans held for sale at fair value (includes $4,481,210 and $2,478,858 pledged to creditors)	4,522,971	2,521,647
Derivative assets	232,948	96,347
Servicing advances, net (includes valuation allowance of $73,024 and $70,582; $181,747 and $162,895 pledged to creditors)	271,501	313,197
Mortgage servicing rights at fair value (includes $2,550,602 and $2,807,333 pledged to creditors)	2,556,253	2,820,612
Real estate acquired in settlement of loans	20,328	2,250
Operating lease right-of-use assets	53,384
Furniture, fixtures, equipment and building improvements, net (includes $22,172 and $16,281 pledged to creditors)	32,221	33,374
Capitalized software, net (includes $14,090 and $1,017 pledged to creditors)	57,975	39,748
Loans eligible for repurchase	892,631	1,102,840
Other	221,967	109,559
Total assets	9,303,199	7,478,573
LIABILITIES
Assets sold under agreements to repurchase	3,538,889	1,933,859
Mortgage loans participation purchase and sale agreements	514,625	532,251
Obligations under capital lease	23,881	6,605
Notes payable	1,293,625	1,292,291
Derivative liabilities	14,035	3,064
Operating lease liabilities	72,160
Accounts payable and accrued expenses	215,379	156,212
Mortgage servicing liabilities at fair value	34,294	8,681
Income taxes payable	480,559	400,546
Liability for loans eligible for repurchase	892,631	1,102,840
Liability for losses under representations and warranties	19,968	21,155
Total liabilities	7,391,586	5,824,782
Commitments and contingencies - Note 14
STOCKHOLDERS' EQUITY
Additional paid-in capital	1,328,166	1,310,648
Retained earnings	583,439	343,135
Total stockholders' equity	1,911,613	1,653,791
Total liabilities and stockholders' equity	9,303,199	7,478,573
Common Stock
STOCKHOLDERS' EQUITY
Common stock - authorized 200,000,000 shares of $0.0001 par value; issued and outstanding, 78,434,556 and 77,494,332 shares respectively	8	8
PMT
ASSETS
Assets purchased from PennyMac Mortgage Investment Trust under agreements to resell pledged to creditors	107,678	131,025
Investment in PennyMac Mortgage Investment Trust at fair value	1,667	1,397
Receivable, from affiliates	39,744	33,464
LIABILITIES
Excess servicing spread financing payable to PennyMac Mortgage Investment Trust at fair value	183,141	216,110
Payable to affiliates	61,862	104,631
Private National Mortgage Acceptance Company, LLC
LIABILITIES
Payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement	$ 46,537	$ 46,537