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Supplemental Cash Flow Information
9 Months Ended
Sep. 30, 2020
Supplemental Cash Flow Information  
Supplemental Cash Flow Information

Note 21—Supplemental Cash Flow Information

Nine months ended September 30, 

    

2020

    

2019

(in thousands)

Cash paid for interest

$

184,087

   

$

125,987

Cash paid for income taxes, net

$

260,723

$

5,761

Non-cash investing activity:

Mortgage servicing rights resulting from loan sales

$

753,795

$

545,839

Mortgage servicing liabilities resulting from loan sales

$

6,576

$

27,133

Operating right-of-use assets recognized

$

8,219

$

60,642

Non-cash financing activity:

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

$

1,393

$

1,327

Issuance of common stock in settlement of directors' fees

$

144

$

184