CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash (includes $52,599 and $108,174 pledged to creditors)	$ 188,291	$ 155,289
Short-term investments at fair value	74,611	117,824
Loans held for sale at fair value (includes $4,846,138 and $2,478,858 pledged to creditors)	4,912,953	2,521,647
Derivative assets	159,686	96,347
Servicing advances, net (includes valuation allowance of $82,157 and $70,582; $207,460 and $162,895 pledged to creditors)	331,169	313,197
Mortgage servicing rights at fair value (includes $2,920,603 and $2,807,333 pledged to creditors)	2,926,790	2,820,612
Real estate acquired in settlement of loans	20,326	2,250
Operating lease right-of-use assets	73,090
Furniture, fixtures, equipment and building improvements, net (includes $20,406 and $16,281 pledged to creditors)	30,480	33,374
Capitalized software, net (includes $12,192 and $1,017 pledged to creditors)	63,130	39,748
Loans eligible for repurchase	1,046,527	1,102,840
Other	219,621	109,559
Total assets	10,204,017	7,478,573
LIABILITIES
Assets sold under agreements to repurchase	4,141,053	1,933,859
Mortgage loans participation purchase and sale agreements	497,948	532,251
Obligations under capital lease	20,810	6,605
Notes payable secured by mortgage servicing assets	1,294,070	1,292,291
Derivative liabilities	22,330	3,064
Operating lease liabilities	91,320
Accounts payable and accrued expenses	175,273	156,212
Mortgage servicing liabilities at fair value	29,140	8,681
Income taxes payable	504,569	400,546
Liability for loans eligible for repurchase	1,046,527	1,102,840
Liability for losses under representations and warranties	21,446	21,155
Total liabilities	8,142,510	5,824,782
Commitments and contingencies - Note 16
STOCKHOLDERS' EQUITY
Additional paid-in capital	1,335,107	1,310,648
Retained earnings	726,392	343,135
Total stockholders' equity	2,061,507	1,653,791
Total liabilities and stockholders' equity	10,204,017	7,478,573
Common Stock
STOCKHOLDERS' EQUITY
Common stock - authorized 200,000,000 shares of $0.0001 par value; issued and outstanding, 78,515,047 and 77,494,332 shares respectively	8	8
PMT
ASSETS
Assets purchased from PennyMac Mortgage Investment Trust under agreements to resell pledged to creditors	107,512	131,025
Investment in PennyMac Mortgage Investment Trust at fair value	1,672	1,397
Receivable, from PennyMac Investment Trust	48,159	33,464
LIABILITIES
Excess servicing spread financing payable to PennyMac Mortgage Investment Trust at fair value	178,586	216,110
Payable to PennyMac Mortgage Investment Trust	73,280	104,631
Private National Mortgage Acceptance Company, LLC
LIABILITIES
Payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement	$ 46,158	$ 46,537