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Supplemental Cash Flow Information
9 Months Ended
Sep. 30, 2019
Supplemental Cash Flow Information  
Supplemental Cash Flow Information

Note 21—Supplemental Cash Flow Information

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 

 

    

2019

    

2018

 

 

(in thousands)

Cash paid for interest

 

$

125,987

   

$

123,622

Cash paid (refunds received) for income taxes , net

 

$

5,761

 

$

(1,541)

Non-cash investing activity:

 

 

 

 

 

 

Mortgage servicing rights resulting from loan sales

 

$

545,839

 

$

448,604

Mortgage servicing liabilities resulting from loan sales

 

$

27,133

 

$

5,548

Unsettled portion of MSR acquisitions

 

$

 —

 

$

13,501

Operating right-of-use assets recognized

 

$

60,642

 

$

 —

Non-cash financing activity:

 

 

 

 

 

 

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

 

$

1,327

 

$

1,983

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

 

$

184

 

$

245