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Supplemental Cash Flow Information
6 Months Ended
Jun. 30, 2020
Supplemental Cash Flow Information  
Supplemental Cash Flow Information

Note 21—Supplemental Cash Flow Information

Six months ended June 30, 

    

2020

    

2019

(in thousands)

Cash paid for interest

$

127,806

   

$

73,905

Cash paid for income taxes, net

$

3,871

$

261

Non-cash investing activity:

Mortgage servicing rights resulting from loan sales

$

507,849

$

299,082

Mortgage servicing liabilities resulting from loan sales

$

6,576

$

7,632

Unsettled portion of MSR acquisitions

$

1,053

$

9,457

Operating right-of-use assets recognized

$

6,498

$

58,713

Non-cash financing activity:

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

$

862

$

950

Issuance of common stock in settlement of directors' fees

$

96

$

136