Other Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Components of Other Assets

Other assets at March 31, 2020 and December 31, 2019 are summarized in the following table.

Table 12.1 – Components of Other Assets

(In Thousands)	March 31, 2020		December 31, 2019
Margin receivable	$	93,745	$	209,776
Investment receivable	58,541		23,330
FHLBC stock	43,393		43,393
Pledged collateral	33,191		32,945
Right-of-use asset	16,375		11,866
REO	14,366		9,462
Fixed assets and leasehold improvements (1)	4,966		4,901
Other	30,776		12,590
Total Other Assets	$	295,353	$	348,263

(1)

Fixed assets and leasehold improvements had a basis of $12 million and accumulated depreciation of $7 million at March 31, 2020.

Components of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities at March 31, 2020 and December 31, 2019 are summarized in the following table.

Table 12.2 – Components of Accrued Expenses and Other Liabilities

(In Thousands)	March 31, 2020		December 31, 2019
Dividends payable	$	37,800	$	—
Lease liability	18,072		13,443
Contingent consideration	14,819		28,484
Payable to minority partner	14,804		13,189
Guarantee obligations	13,395		14,009
Accrued compensation	9,582		33,888
Residential bridge loan holdbacks	9,066		10,682
Deferred tax liabilities	5,152		5,152
Residential loan and MSR repurchase reserve	4,460		4,268
Other	36,449		23,123
Total Accrued Expenses and Other Liabilities	$	163,599	$	146,238