Other Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2020

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

Components of Other Assets

Other assets at June 30, 2020 and December 31, 2019 are summarized in the following table.

Table 12.1 – Components of Other Assets

(In Thousands)	June 30, 2020		December 31, 2019
Accrued interest receivable	$	44,134	$	71,058
Pledged collateral	33,105		32,945
Investment receivable	29,916		23,330
Income tax receivables	17,255		36
Right-of-use asset	15,561		11,866
REO	9,780		9,462
FHLBC stock	5,000		43,393
Fixed assets and leasehold improvements (1)	4,590		4,901
Margin receivable	2,746		209,776
Other	9,499		12,554
Total Other Assets	$	171,586	$	419,321

(1)Fixed assets and leasehold improvements had a basis of $12 million and accumulated depreciation of $7 million at June 30, 2020.

Components of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities at June 30, 2020 and December 31, 2019 are summarized in the following table.

Table 12.2 – Components of Accrued Expenses and Other Liabilities

(In Thousands)	June 30, 2020		December 31, 2019
Accrued interest payable	$	37,024	$	60,655
Lease liability	17,348		13,443
Payable to minority partner	17,021		13,189
Contingent consideration	14,953		28,484
Guarantee obligations	12,350		14,009
Accrued compensation	10,677		33,888
Residential loan and MSR repurchase reserve	8,295		4,268
Residential bridge loan holdbacks	7,348		10,682
Deferred tax liabilities	5,152		5,152
Other	35,845		23,123
Total Accrued Expenses and Other Liabilities	$	166,013	$	206,893