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Supplemental Cash Flow Information
3 Months Ended
Mar. 31, 2020
Supplemental Cash Flow Information  
Supplemental Cash Flow Information

Note 20—Supplemental Cash Flow Information

 

 

 

 

 

 

 

 

 

 

Quarter ended March 31, 

 

    

2020

    

2019

 

 

(in thousands)

Cash paid for interest

 

$

64,527

   

$

33,952

Cash paid for income taxes, net

 

$

13

 

$

66

Non-cash investing activity:

 

 

 

 

 

 

Mortgage servicing rights resulting from loan sales

 

$

282,315

 

$

115,751

Mortgage servicing liabilities resulting from loan sales

 

$

6,576

 

$

794

Unsettled portion of MSR acquisitions

 

$

1,656

 

$

16,291

Operating right-of-use assets recognized

 

$

1,534

 

$

58,598

Non-cash financing activity:

 

 

 

 

 

 

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

 

$

379

 

$

508

Issuance of common stock in settlement of director fees

 

$

48

 

$

86