2023 Q1 Form 10-K Financial Statement

#000110465923023097 Filed on February 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $401.0M $404.5M $1.177B
YoY Change 77.77% 63.16% 47.23%
Cost Of Revenue $219.4M $207.5M $557.6M
YoY Change 165.72% 205.73% 163.02%
Gross Profit $181.7M $197.0M $619.1M
YoY Change 27.01% 9.4% 5.42%
Gross Profit Margin 45.3% 48.69% 52.61%
Selling, General & Admin $13.62M $55.81M $53.99M
YoY Change -6.36% 0.9% 18.46%
% of Gross Profit 7.5% 28.34% 8.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.624M $2.640M $8.732M
YoY Change 32.32% 41.48% 21.03%
% of Gross Profit 1.44% 1.34% 1.41%
Operating Expenses $85.72M $73.98M $257.1M
YoY Change 41.02% 69.45% 29.81%
Operating Profit $95.95M $123.0M $371.3M
YoY Change 16.65% -9.82% -12.45%
Interest Expense $219.4M -$4.260M $557.6M
YoY Change 165.72% -272.33% 163.02%
% of Operating Profit 228.64% -3.46% 150.18%
Other Income/Expense, Net
YoY Change
Pretax Income $110.3M $111.0M $371.3M
YoY Change 25.15% -20.29% -12.45%
Income Tax $8.029M $4.318M $17.48M
% Of Pretax Income 7.28% 3.89% 4.71%
Net Earnings $102.2M $88.15M $353.8M
YoY Change 27.92% -23.13% -6.35%
Net Earnings / Revenue 25.49% 21.79% 30.07%
Basic Earnings Per Share $0.47 $1.72
Diluted Earnings Per Share $0.46 $0.42 $1.67
COMMON SHARES
Basic Shares Outstanding 179.8M 171.5M 165.4M
Diluted Shares Outstanding 214.9M 199.1M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $774.5M $534.4M $534.4M
YoY Change 120.78% 32.08% 32.08%
Cash & Equivalents $774.5M $534.4M $534.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $113.1M $77.42M $77.42M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $887.6M $611.8M $611.8M
YoY Change 119.41% 25.13% 25.13%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $56.60M
YoY Change 0.0%
Intangibles $39.44M
YoY Change -10.63%
Long-Term Investments $717.9M $747.9M $747.9M
YoY Change -13.34% -7.49% -7.49%
Other Assets $704.8M $713.8M $713.8M
YoY Change 36.31% 46.67% 46.67%
Total Long-Term Assets $15.70B $16.43B $16.43B
YoY Change -1.28% 12.63% 12.63%
TOTAL ASSETS
Total Short-Term Assets $887.6M $611.8M $611.8M
Total Long-Term Assets $15.70B $16.43B $16.43B
Total Assets $16.59B $17.04B $17.04B
YoY Change 1.71% 13.04% 13.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $12.48M $12.35M $12.35M
YoY Change -2.58% -53.52% -53.52%
LONG-TERM LIABILITIES
Long-Term Debt $13.05B $13.56B $13.56B
YoY Change -1.08% 11.59% 11.59%
Other Long-Term Liabilities $365.4M $393.0M $393.0M
YoY Change 11.36% 14.25% 14.25%
Total Long-Term Liabilities $13.42B $13.95B $13.95B
YoY Change -0.78% 11.66% 11.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.48M $12.35M $12.35M
Total Long-Term Liabilities $13.42B $13.95B $13.95B
Total Liabilities $13.43B $13.97B $14.10B
YoY Change -0.78% 11.52% 11.43%
SHAREHOLDERS EQUITY
Retained Earnings $107.7M $97.05M
YoY Change 42.03% 55.2%
Common Stock $2.280B $2.206B
YoY Change 18.19% 22.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.022B $2.937B $2.937B
YoY Change
Total Liabilities & Shareholders Equity $16.59B $17.04B $17.04B
YoY Change 1.71% 13.04% 13.04%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $102.2M $88.15M $353.8M
YoY Change 27.92% -23.13% -6.35%
Depreciation, Depletion And Amortization $2.624M $2.640M $8.732M
YoY Change 32.32% 41.48% 21.03%
Cash From Operating Activities -$56.79M $288.5M $1.100B
YoY Change -106.79% 32.82% 407.11%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $828.0M $505.8M -$2.317B
YoY Change -141.04% -116.89% -65.67%
Cash From Investing Activities $828.0M $505.8M -$2.317B
YoY Change -141.04% -116.89% -65.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $408.7M
YoY Change -185.12%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -540.0M -858.3M 1.574B
YoY Change -146.66% -131.59% -77.14%
NET CHANGE
Cash From Operating Activities -56.79M 288.5M 1.100B
Cash From Investing Activities 828.0M 505.8M -2.317B
Cash From Financing Activities -540.0M -858.3M 1.574B
Net Change In Cash 231.2M -64.02M 356.9M
YoY Change -1089.57% 7.79% 0.74%
FREE CASH FLOW
Cash From Operating Activities -$56.79M $288.5M $1.100B
Capital Expenditures
Free Cash Flow
YoY Change

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CY2022 abr Due To Due From Borrowers And Reserves
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CY2020 abr Due To Due From Borrowers And Reserves
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 abr Repayment Of Secured Loan Obligations
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CY2020 us-gaap Proceeds From Issuance Of Common Stock
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
536998000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
486826000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
175912000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
144968000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
27560000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
37797000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
35282000
CY2022 abr Investment In Real Estate Net Non Cash Investing And Financing Activities
InvestmentInRealEstateNetNonCashInvestingAndFinancingActivities
31200000
CY2022 abr Preferred Stock Amount Of Accrued Dividend
PreferredStockAmountOfAccruedDividend
7010000
CY2021 abr Preferred Stock Amount Of Accrued Dividend
PreferredStockAmountOfAccruedDividend
6767000
CY2020 abr Preferred Stock Amount Of Accrued Dividend
PreferredStockAmountOfAccruedDividend
629000
CY2022 abr Cumulative Effect Adjustment For Adoption Of Convertible Debt Standard
CumulativeEffectAdjustmentForAdoptionOfConvertibleDebtStandard
2447000
CY2021 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
65144000
CY2020 abr Cumulative Effect Adjustment For Adoption Of Credit Loss Standard
CumulativeEffectAdjustmentForAdoptionOfCreditLossStandard
28607000
CY2020 abr Debt Instrument Convertible Extinguished
DebtInstrumentConvertibleExtinguished
4778000
CY2020Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
94000
CY2020 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
90000
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;font-weight:bold;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that could materially affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. The ongoing effects of the COVID-19 pandemic have caused significant disruptions to the U.S. and global economies. Although vaccine availability and usage have continued to increase, which has led to less negative short-term effects, such as travel bans, quarantines, layoffs and shutdowns, the ongoing longer-term macroeconomic effects on inflation, interest rates, capital markets, labor shortages, property values and global supply chains continue to negatively impact many industries, including the U.S. commercial real estate market. In addition, new strains of COVID-19 continue to emerge, which may cause governments and businesses to re-impose aggressive measures to help slow its spread, making the future impact difficult to predict. The ultimate impact of COVID-19 on the economy, including rising inflation, increasing interest rates, tightening of capital markets and reduced property values, both globally and to our business, makes any estimate or assumption at December 31, 2022 inherently less certain.</p>
CY2022 abr Period Of Debt Instrument Past Due Becomes Delinquent
PeriodOfDebtInstrumentPastDueBecomesDelinquent
P60D
CY2022 abr Purchase Price Allocation Valuation Period Following Real Estate Property Acquisition
PurchasePriceAllocationValuationPeriodFollowingRealEstatePropertyAcquisition
P1Y
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
19318000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
132559000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
148329000
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-24315000
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
10773000
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-2684000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
14456123000
CY2022Q4 abr Mortgage Loans On Real Estate Percentage
MortgageLoansOnRealEstatePercentage
1
CY2022 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
747
CY2022 srt Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.0817
CY2022 abr Mortgage Loans On Real Estate Remaining Maturity Period
MortgageLoansOnRealEstateRemainingMaturityPeriod
P20M18D
CY2022Q4 abr First Dollar Ltv Ratio
FirstDollarLTVRatio
0.01
CY2022Q4 abr Last Dollar Ltv Ratio
LastDollarLTVRatio
0.76
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
132559000
CY2022Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
68890000
CY2022Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
14254674000
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
12158995000
CY2021Q4 abr Mortgage Loans On Real Estate Percentage
MortgageLoansOnRealEstatePercentage
1
CY2021 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
580
CY2021 srt Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.0426
CY2021 abr Mortgage Loans On Real Estate Remaining Maturity Period
MortgageLoansOnRealEstateRemainingMaturityPeriod
P24M18D
CY2021Q4 abr First Dollar Ltv Ratio
FirstDollarLTVRatio
0.01
CY2021Q4 abr Last Dollar Ltv Ratio
LastDollarLTVRatio
0.76
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
113241000
CY2021Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
64706000
CY2021Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
11981048000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
113241000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
113241000
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
59966000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
148329000
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
19300000
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1500000
CY2022Q4 abr Loans And Investments Unfunded Commitments
LoansAndInvestmentsUnfundedCommitments
1150000000
CY2022Q4 us-gaap Financing Receivable Accrued Interest Before Allowance For Credit Loss
FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
108500000
CY2021Q4 us-gaap Financing Receivable Accrued Interest Before Allowance For Credit Loss
FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
58300000
CY2022 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Par Value
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtParValue
157960000
CY2022Q4 abr Impaired Financing Receivable Carrying Value
ImpairedFinancingReceivableCarryingValue
147131000
CY2022 us-gaap Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivablePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
85386000
CY2022 abr Impaired Financing Receivable First Dollar Ltv Ratio
ImpairedFinancingReceivableFirstDollarLtvRatio
3
CY2022 abr Impaired Financing Receivable Last Dollar Ltv Ratio
ImpairedFinancingReceivableLastDollarLtvRatio
96
CY2021 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Par Value
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtParValue
159940000
CY2021Q4 abr Impaired Financing Receivable Carrying Value
ImpairedFinancingReceivableCarryingValue
148839000
CY2021 us-gaap Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivablePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
86886000
CY2021 abr Impaired Financing Receivable First Dollar Ltv Ratio
ImpairedFinancingReceivableFirstDollarLtvRatio
3
CY2021 abr Impaired Financing Receivable Last Dollar Ltv Ratio
ImpairedFinancingReceivableLastDollarLtvRatio
95
CY2022Q4 abr Number Of Impaired Loans By Asset Class
NumberOfImpairedLoansByAssetClass
7
CY2021Q4 abr Number Of Impaired Loans By Asset Class
NumberOfImpairedLoansByAssetClass
8
CY2020Q4 abr Number Of Loan For Which No Provision For Loan Loss Made
NumberOfLoanForWhichNoProvisionForLoanLossMade
0
CY2021Q4 abr Number Of Loan For Which No Provision For Loan Loss Made
NumberOfLoanForWhichNoProvisionForLoanLossMade
0
CY2022Q4 abr Number Of Loan For Which No Provision For Loan Loss Made
NumberOfLoanForWhichNoProvisionForLoanLossMade
0
CY2021Q2 abr Proceeds From Loans And Investments Funded Originated And Purchased
ProceedsFromLoansAndInvestmentsFundedOriginatedAndPurchased
95000000.0
CY2021Q2 abr Loans And Leases Receivable Allowance Reversal
LoansAndLeasesReceivableAllowanceReversal
7500000
CY2021Q2 us-gaap Interest And Fee Income Loans Real Estate Construction
InterestAndFeeIncomeLoansRealEstateConstruction
3500000
CY2022 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
2
CY2021 abr Financing Receivable Modifications Refinancing And Or Extensions Made Considered Trouble Debt Restructuring Number Of Loans
FinancingReceivableModificationsRefinancingAndOrExtensionsMadeConsideredTroubleDebtRestructuringNumberOfLoans
0
CY2022 abr Financing Receivable Modifications Refinancing And Or Extensions Made Considered Trouble Debt Restructuring Number Of Loans
FinancingReceivableModificationsRefinancingAndOrExtensionsMadeConsideredTroubleDebtRestructuringNumberOfLoans
0
CY2022 abr Interest Reserve
InterestReserve
123700000
CY2021 abr Interest Reserve
InterestReserve
87400000
CY2022Q4 abr Interest Reserve Number Of Loans
InterestReserveNumberOfLoans
480
CY2021Q4 abr Interest Reserve Number Of Loans
InterestReserveNumberOfLoans
328
CY2021Q4 abr Interest Reserve Unpaid Principal Balance
InterestReserveUnpaidPrincipalBalance
7700000000
CY2022Q4 abr Interest Reserve Unpaid Principal Balance
InterestReserveUnpaidPrincipalBalance
5750000000
CY2022Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
368066000
CY2021Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
1077239000
CY2022Q4 abr Fair Value Of Future Mortgage Servicing Rights
FairValueOfFutureMortgageServicingRights
5557000
CY2021Q4 abr Fair Value Of Future Mortgage Servicing Rights
FairValueOfFutureMortgageServicingRights
19318000
CY2022 abr Unrealized Impairment Loss
UnrealizedImpairmentLoss
-15703000
CY2022Q4 abr Loans Receivable Held For Sale Unearned Discount
LoansReceivableHeldForSaleUnearnedDiscount
3850000
CY2021Q4 abr Loans Receivable Held For Sale Unearned Discount
LoansReceivableHeldForSaleUnearnedDiscount
2948000
CY2022Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
354070000
CY2021Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
1093609000
CY2022 abr Proceeds From Sale Of Loans Held For Sale Excluding Acquisition
ProceedsFromSaleOfLoansHeldForSaleExcludingAcquisition
5440000000
CY2021 abr Proceeds From Sale Of Loans Held For Sale Excluding Acquisition
ProceedsFromSaleOfLoansHeldForSaleExcludingAcquisition
6420000000
CY2020 abr Proceeds From Sale Of Loans Held For Sale Excluding Acquisition
ProceedsFromSaleOfLoansHeldForSaleExcludingAcquisition
6590000000
CY2022Q4 abr Loans Receivable Held For Sale Securitization
LoansReceivableHeldForSaleSecuritization
43400000
CY2021Q4 abr Loans Receivable Held For Sale Securitization
LoansReceivableHeldForSaleSecuritization
85700000
CY2022 abr Unrealized Impairment Loss
UnrealizedImpairmentLoss
-15700000
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0
CY2022 abr Interest Income Net
InterestIncomeNet
24400000
CY2021 abr Interest Income Net
InterestIncomeNet
4200000
CY2020 abr Interest Income Net
InterestIncomeNet
7100000
CY2022Q4 abr Held To Maturity Securities Face Value
HeldToMaturitySecuritiesFaceValue
234255000
CY2022Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
156547000
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
11976000
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
144571000
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
3153000
CY2021Q4 abr Held To Maturity Securities Face Value
HeldToMaturitySecuritiesFaceValue
210728000
CY2021Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
140484000
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
9427000
CY2021Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
149911000
CY2021Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
1753000
CY2021Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
1753000
CY2022 us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
1400000
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
3153000
CY2022 us-gaap Other Than Temporary Impairment Losses Investments Heldtomaturity Securities
OtherThanTemporaryImpairmentLossesInvestmentsHeldtomaturitySecurities
0
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
79130000
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
89676000
CY2022Q4 abr Affiliates Debt Instrument Principal Outstanding
AffiliatesDebtInstrumentPrincipalOutstanding
1688000
CY2022 abr Equity Method Indirect Ownership Percentage
EquityMethodIndirectOwnershipPercentage
0.092
CY2021Q4 us-gaap Goodwill
Goodwill
56600000
CY2022Q4 us-gaap Goodwill
Goodwill
56600000
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
72410000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
32967000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
39443000
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
72410000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
28276000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
44134000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4700000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4700000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5300000
CY2022Q4 abr Secured Debt Repurchase Agreements And Warehouse Agreement Borrowings Principal Amount
SecuredDebtRepurchaseAgreementsAndWarehouseAgreementBorrowingsPrincipalAmount
3856009000
CY2022Q4 abr Secured Debt Repurchase Agreements And Warehouse Agreement Borrowings
SecuredDebtRepurchaseAgreementsAndWarehouseAgreementBorrowings
3841814000
CY2022Q4 abr Collateral Carrying Value
CollateralCarryingValue
5185293000
CY2022Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0654
CY2021Q4 abr Secured Debt Repurchase Agreements And Warehouse Agreement Borrowings Principal Amount
SecuredDebtRepurchaseAgreementsAndWarehouseAgreementBorrowingsPrincipalAmount
4493699000
CY2021Q4 abr Secured Debt Repurchase Agreements And Warehouse Agreement Borrowings
SecuredDebtRepurchaseAgreementsAndWarehouseAgreementBorrowings
4481579000
CY2021Q4 abr Collateral Carrying Value
CollateralCarryingValue
5585460000
CY2021Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0221
CY2022 abr Debt Instrument Maturity Date Length Of Extension Period
DebtInstrumentMaturityDateLengthOfExtensionPeriod
P1Y
CY2022Q4 abr Repayment Amount Of Outstanding Principal Amount Of Debt
RepaymentAmountOfOutstandingPrincipalAmountOfDebt
46200000
CY2022 us-gaap Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
1
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
200000000.0
CY2022 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">Note 11 — Allowance for Loss-Sharing Obligations</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt;">Our allowance for loss-sharing obligations related to the Fannie Mae DUS program is as follows (in thousands):</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-indent:18pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:80.29%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:73.77%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:0.13%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:73.77%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="5" style="vertical-align:middle;white-space:nowrap;width:23.74%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;"><b style="font-weight:bold;">Year Ended December 31, </b></p></td><td style="vertical-align:middle;white-space:nowrap;width:0.13%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:73.77%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;"><b style="font-weight:bold;">    </b></p></td><td colspan="2" style="vertical-align:middle;white-space:nowrap;width:10.7%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;"><b style="font-weight:bold;">2022</b></p></td><td style="vertical-align:middle;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">    </b></p></td><td colspan="2" style="vertical-align:middle;white-space:nowrap;width:10.7%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;"><b style="font-weight:bold;">2021</b></p></td><td style="vertical-align:middle;white-space:nowrap;width:0.13%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:73.77%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">Beginning balance</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 56,064</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 64,303</p></td><td style="vertical-align:bottom;white-space:nowrap;width:0.13%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:73.77%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">Provisions for loss sharing </p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 3,592</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 44</p></td><td style="vertical-align:bottom;white-space:nowrap;width:0.13%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:73.77%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">Provisions reversal for loan repayments</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"> (1,730)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"> (6,211)</p></td><td style="vertical-align:bottom;width:0.13%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:73.77%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">Recoveries (charge-offs), net</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"> (758)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"> (2,072)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:0.13%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:73.77%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">Ending balance</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 57,168</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.47%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:9.22%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 56,064</p></td><td style="vertical-align:bottom;white-space:nowrap;width:0.13%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt 0pt 12pt 0pt;"><span style="white-space:pre-wrap;">When a loan is sold under the Fannie Mae DUS program, we undertake an obligation to partially guarantee the performance of the loan. A liability is recognized for the fair value of the guarantee obligation undertaken for the non-contingent aspect of the guarantee and is removed only upon either the expiration or settlement of the guarantee. At both December 31, 2022 and 2021, we had </span>$34.4 million of guarantee obligations included in the allowance for loss-sharing obligations.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">In addition to and separately from the fair value of the guarantee, we estimate our allowance for loss-sharing under CECL over the contractual period in which we are exposed to credit risk. The current expected loss related to loss-sharing was based on a collective pooling basis with similar risk characteristics, a reasonable and supportable forecast and a reversion period based on our average historical losses through the remaining contractual term of the portfolio. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">When we settle a loss under the DUS loss-sharing model, the net loss is charged-off against the previously recorded loss-sharing obligation. The settled loss is often net of any previously advanced principal and interest payments in accordance with the DUS program, which are reflected as reductions to the proceeds needed to settle losses. At December 31, 2022 and 2021, we had outstanding advances of $0.8 million and less than $0.1 million, respectively, which were netted against the allowance for loss-sharing obligations.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">At December 31, 2022 and 2021, our allowance for loss-sharing obligations, associated with expected losses under CECL, was $22.7 million and $21.7 million, respectively, and represented 0.12% and 0.11%, respectively, of our Fannie Mae servicing portfolio. During 2022, we recorded a $1.1 million increase in CECL reserves, which included a $1.2 million recovery for a loan that paid off during the second quarter of 2022.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt;">At December 31, 2022 and 2021, the maximum quantifiable liability associated with our guarantees under the Fannie Mae DUS agreement was $3.49 billion and $3.60 billion, respectively. The maximum quantifiable liability is not representative of the actual loss we would incur. We would be liable for this amount only if all of the loans we service for Fannie Mae, for which we retain some risk of loss, were to default and all of the collateral underlying these loans was determined to be without value at the time of settlement.</p>
CY2021Q4 abr Guarantee Obligations Included In Allowance For Loss Sharing Obligations
GuaranteeObligationsIncludedInAllowanceForLossSharingObligations
34400000
CY2022Q4 abr Guarantee Obligations Included In Allowance For Loss Sharing Obligations
GuaranteeObligationsIncludedInAllowanceForLossSharingObligations
34400000
CY2022 abr Impact Of Adopting Current Expected Credit Losses
ImpactOfAdoptingCurrentExpectedCreditLosses
1100000
CY2022Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
1200000
CY2021 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
800000
CY2020 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
3400000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
14456123000
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
12158995000
CY2022Q4 abr Loans Held For Sale Receivable Gross Commercial Real Estate
LoansHeldForSaleReceivableGrossCommercialRealEstate
368066000
CY2021Q4 abr Loans Held For Sale Receivable Gross Commercial Real Estate
LoansHeldForSaleReceivableGrossCommercialRealEstate
1077239000
CY2022Q4 abr Held To Maturity Securities Notional Amount
HeldToMaturitySecuritiesNotionalAmount
234255000
CY2021Q4 abr Held To Maturity Securities Notional Amount
HeldToMaturitySecuritiesNotionalAmount
210728000
CY2022Q4 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
111950000
CY2021Q4 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
280654000
CY2022Q4 abr Secured Debt Repurchase Agreements And Warehouse Agreement Borrowings Principal Amount
SecuredDebtRepurchaseAgreementsAndWarehouseAgreementBorrowingsPrincipalAmount
3856009000
CY2021Q4 abr Secured Debt Repurchase Agreements And Warehouse Agreement Borrowings Principal Amount
SecuredDebtRepurchaseAgreementsAndWarehouseAgreementBorrowingsPrincipalAmount
4493699000
CY2022Q4 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
273973000
CY2021Q4 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
301816000
CY2022 us-gaap Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivablePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
85400000
CY2022Q4 abr Impaired Financing Receivable With Related Allowance Number Of Loans
ImpairedFinancingReceivableWithRelatedAllowanceNumberOfLoans
7
CY2022Q4 abr Impaired Financing Receivables Carrying Amount
ImpairedFinancingReceivablesCarryingAmount
147100000
CY2022Q4 abr Impairment Loss On Impaired Loans Held For Sale
ImpairmentLossOnImpairedLoansHeldForSale
15700000
CY2022Q4 abr Impairment Loss With Related Allowance Number Of Loans
ImpairmentLossWithRelatedAllowanceNumberOfLoans
13
CY2022 abr Unrealized Impairment Losses Before Carrying Value
UnrealizedImpairmentLossesBeforeCarryingValue
150000000.0
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
295000
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1967000
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1066000
CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
64896000
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
112836000
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
164654000
CY2022 abr Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Realized
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized
64601000
CY2021 abr Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Realized
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized
110869000
CY2020 abr Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Realized
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized
163588000
CY2022 abr Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Unrealized
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized
354000
CY2021 abr Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Unrealized
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized
295000
CY2020 abr Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Unrealized
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized
1967000
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
354000
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
295000
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1967000
CY2022 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
-5912000
CY2022 abr Unrealized Impairment Losses
UnrealizedImpairmentLosses
15703000
CY2022 abr Derivative Fair Value Adjustment
DerivativeFairValueAdjustment
-9791000
CY2022Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
3242539000
CY2022Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
2669327000
CY2022Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
2044234000
CY2022Q4 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
4619414000
CY2022Q4 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
704305000
CY2022Q4 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
374874000
CY2022Q4 us-gaap Contractual Obligation
ContractualObligation
13654693000
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y2M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y2M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.068
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
9600000
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
9300000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
6200000
CY2022Q4 abr Loans And Investments Unfunded Commitments
LoansAndInvestmentsUnfundedCommitments
1150000000
CY2022 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
7400000
CY2022Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
96100000
CY2020 abr Percentage Of Dividend Paid
PercentageOfDividendPaid
1
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2744000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
780000
CY2020 abr Weighted Average Number Of Shares Outstanding Basic1
WeightedAverageNumberOfSharesOutstandingBasic1
113811471
CY2020 abr Weighted Average Number Of Diluted Shares Outstanding One
WeightedAverageNumberOfDilutedSharesOutstandingOne
113811471
CY2021 abr Percentage Of Dividend Paid
PercentageOfDividendPaid
1
CY2022 abr Percentage Of Dividend Paid
PercentageOfDividendPaid
1
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
284829000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
284829000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
317412000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
317412000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
163395000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2022 us-gaap Interest On Convertible Debt Net Of Tax
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CY2022 abr Net Income Loss Available To Common Stockholders Basic1
NetIncomeLossAvailableToCommonStockholdersBasic1
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CY2022 abr Net Income Loss Available To Common Stockholders Diluted1
NetIncomeLossAvailableToCommonStockholdersDiluted1
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CY2021 abr Net Income Loss Available To Common Stockholders Basic1
NetIncomeLossAvailableToCommonStockholdersBasic1
317412
CY2021 abr Net Income Loss Available To Common Stockholders Diluted1
NetIncomeLossAvailableToCommonStockholdersDiluted1
355919
CY2020 abr Net Income Loss Available To Common Stockholders Basic1
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CY2021 abr Weighted Average Number Of Diluted Shares Outstanding One
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CY2020 abr Net Income Loss Available To Common Stockholders Diluted1
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CY2022 abr Weighted Average Number Of Shares Outstanding Basic1
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CY2022 abr Weighted Average Number Of Diluted Shares Outstanding One
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CY2021 abr Weighted Average Number Of Shares Outstanding Basic1
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CY2022 abr Valuation Allowance On Deferred Tax Expense Benefit
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CY2021 abr Incremental Common Shares Attributable To Dilutive Effect Of Operating Partnership Units
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CY2020 abr Incremental Common Shares Attributable To Dilutive Effect Of Operating Partnership Units
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CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Earnings Per Share Diluted
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CY2021 us-gaap Earnings Per Share Basic
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CY2021 us-gaap Earnings Per Share Diluted
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CY2020 us-gaap Earnings Per Share Basic
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CY2020 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Operating Income Loss
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CY2020 us-gaap Operating Income Loss
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021Q4 us-gaap Deferred Tax Liabilities
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CY2022 us-gaap Deferred Income Taxes And Tax Credits
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CY2021 us-gaap Deferred Income Taxes And Tax Credits
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CY2020 us-gaap Deferred Income Taxes And Tax Credits
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CY2022 us-gaap Income Tax Expense Benefit
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17484000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40393000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0.172
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.119
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.010
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.020
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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-0.001
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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-0.002
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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0.047
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.109
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022Q4 abr Deferred Tax Assets Non Deductible Expenses
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CY2021Q4 abr Deferred Tax Assets Non Deductible Expenses
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
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7159000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
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7110000
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CY2021Q4 abr Deferred Tax Assets Operating And Capital Loss Carryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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441000
CY2021Q4 us-gaap Deferred Tax Assets Other
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CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2021Q4 us-gaap Deferred Tax Assets Net
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33200000
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CY2021Q4 us-gaap Deferred Tax Liabilities Mortgage Servicing Rights
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6457000
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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7243000
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CY2021Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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CY2022Q4 us-gaap Deferred Tax Liabilities
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CY2022Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
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CY2021Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
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CY2019Q1 us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
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CY2021 us-gaap Interest Income Related Party
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CY2020 us-gaap Interest Income Related Party
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CY2022Q4 abr Percentage Of Ownership Of Related Party In Other Related Party
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58615000
CY2022 us-gaap Deferred Compensation Arrangement With Individual Requisite Service Period1
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CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
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0.25
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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0.06
CY2022 us-gaap Deferred Compensation Arrangement With Individual Maximum Contractual Term1
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CY2022 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
3300000
CY2021 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
2200000
CY2020 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
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CY2022 us-gaap Interest Income Operating
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CY2022 us-gaap Interest Expense
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CY2022 us-gaap Gain Loss On Sales Of Loans Net
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55816000
CY2022 abr Originated Mortgage Servicing Rights Revenue
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CY2022 us-gaap Contractually Specified Servicing Fees Amount
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CY2022 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
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59876000
CY2022 us-gaap Operating Lease Lease Income
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1877000
CY2022 us-gaap Derivative Gain Loss On Derivative Net
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26609000
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CY2022 us-gaap Noninterest Income
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CY2022 us-gaap Selling General And Administrative Expense
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CY2022 abr Property Operating Expense
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CY2022 us-gaap Depreciation And Amortization
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8732000
CY2022 us-gaap Loss Contingency Accrual Provision
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1862000
CY2022 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
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21169000
CY2022 us-gaap Gain Loss Related To Litigation Settlement
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CY2022 us-gaap Operating Expenses
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257064000
CY2022 abr Income Loss From Continuing Operations Before Equity Method Investments Extinguishment Of Debt Sale Of Real Estate Income Taxes Noncontrolling Interest
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361997000
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
14247000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17484000
CY2022 us-gaap Profit Loss
ProfitLoss
353827000
CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
40954000
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
28044000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
284829000
CY2021 us-gaap Interest Income Operating
InterestIncomeOperating
466087000
CY2021 us-gaap Interest Expense
InterestExpense
212005000
CY2021 us-gaap Operating Lease Lease Income
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185000
CY2021 us-gaap Interest Income Expense Net
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254082000
CY2021 us-gaap Gain Loss On Sales Of Loans Net
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123037000
CY2021 us-gaap Noninterest Income Other Operating Income
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7566000
CY2021 abr Originated Mortgage Servicing Rights Revenue
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130230000
CY2021 us-gaap Contractually Specified Servicing Fees Amount
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CY2021 us-gaap Labor And Related Expense
LaborAndRelatedExpense
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CY2021 us-gaap Noninterest Income
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CY2021 us-gaap Selling General And Administrative Expense
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45575000
CY2021 abr Property Operating Expense
PropertyOperatingExpense
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CY2021 us-gaap Depreciation And Amortization
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7215000
CY2021 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
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CY2021 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
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CY2021 us-gaap Operating Expenses
OperatingExpenses
198024000
CY2021 abr Income Loss From Continuing Operations Before Equity Method Investments Extinguishment Of Debt Sale Of Real Estate Income Taxes Noncontrolling Interest
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389206000
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
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3693000
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
34567000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
46285000
CY2021 us-gaap Profit Loss
ProfitLoss
377807000
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
38507000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
317412000
CY2020 us-gaap Interest Income Operating
InterestIncomeOperating
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CY2020 us-gaap Interest Expense
InterestExpense
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CY2020 us-gaap Interest Income Expense Net
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CY2020 us-gaap Gain Loss On Sales Of Loans Net
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94607000
CY2020 abr Originated Mortgage Servicing Rights Revenue
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165517000
CY2020 us-gaap Contractually Specified Servicing Fees Amount
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49222000
CY2020 us-gaap Operating Lease Lease Income
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3976000
CY2020 us-gaap Derivative Gain Loss On Derivative Net
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CY2020 us-gaap Noninterest Income Other Operating Income
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CY2020 us-gaap Noninterest Income
NoninterestIncome
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CY2020 us-gaap Labor And Related Expense
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144380000
CY2020 us-gaap Selling General And Administrative Expense
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37348000
CY2020 abr Property Operating Expense
PropertyOperatingExpense
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CY2020 us-gaap Depreciation And Amortization
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7640000
CY2020 us-gaap Loss Contingency Accrual Provision
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14822000
CY2020 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
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61110000
CY2020 us-gaap Operating Expenses
OperatingExpenses
270198000
CY2020 abr Income Loss From Continuing Operations Before Equity Method Investments Extinguishment Of Debt Sale Of Real Estate Income Taxes Noncontrolling Interest
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164310000
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
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CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
76161000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40393000
CY2020 us-gaap Profit Loss
ProfitLoss
196157000
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7554000
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
25208000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
163395000
CY2022 us-gaap Number Of Reportable Segments
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
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713808000
CY2022Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
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14254674000
CY2022Q4 us-gaap Loans Receivable Held For Sale Amount
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354070000
CY2022Q4 us-gaap Servicing Asset At Amortized Value
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401471000
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
79130000
CY2022Q4 us-gaap Held To Maturity Securities
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156547000
CY2022Q4 us-gaap Intangible Assets Net Including Goodwill
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96069000
CY2022Q4 abr Other Assets Consolidating Financial Information
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CY2022Q4 us-gaap Assets
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CY2022Q4 abr Debt Obligations
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CY2022Q4 abr Allowance For Loss Sharing Obligations
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57168000
CY2022Q4 abr Other Liabilities Consolidating Financial Information
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CY2022Q4 us-gaap Liabilities
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13967106000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
404580000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
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486690000
CY2021Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
11981048000
CY2021Q4 us-gaap Loans Receivable Held For Sale Amount
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1093609000
CY2021Q4 us-gaap Servicing Asset At Amortized Value
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422734000
CY2021Q4 us-gaap Held To Maturity Securities
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140484000
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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89676000
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
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CY2021Q4 abr Other Assets Consolidating Financial Information
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354264000
CY2021Q4 us-gaap Assets
Assets
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CY2021Q4 abr Debt Obligations
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CY2021Q4 abr Allowance For Loss Sharing Obligations
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CY2021Q4 abr Other Liabilities Consolidating Financial Information
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411096000
CY2021Q4 us-gaap Liabilities
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12523861000
CY2022 abr Loans Originated
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CY2021 abr Loans Originated
LoansOriginated
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CY2020 abr Loans Originated
LoansOriginated
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CY2022 abr Sale Margin Of Mortgage Loan Sold
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CY2021 abr Sale Margin Of Mortgage Loan Sold
SaleMarginOfMortgageLoanSold
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CY2020 abr Sale Margin Of Mortgage Loan Sold
SaleMarginOfMortgageLoanSold
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CY2022 abr Originated Mortgage Servicing Rights Rate
OriginatedMortgageServicingRightsRate
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CY2021 abr Originated Mortgage Servicing Rights Rate
OriginatedMortgageServicingRightsRate
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CY2020 abr Originated Mortgage Servicing Rights Rate
OriginatedMortgageServicingRightsRate
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CY2022Q4 srt Mortgage Loans On Real Estate Prior Liens1
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CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
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CY2022Q4 abr Loan Carrying Value
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14254674000
CY2022Q4 us-gaap Mortgage Loans On Real Estate Renewed And Extended Amount1
MortgageLoansOnRealEstateRenewedAndExtendedAmount1
1680000000
CY2022Q4 srt Mortgage Loans On Real Estate Federal Income Tax Basis1
MortgageLoansOnRealEstateFederalIncomeTaxBasis1
14460000000
CY2022Q4 abr Threshold Percentage For Reporting Loans
ThresholdPercentageForReportingLoans
0.03
CY2021Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
11981048000
CY2020Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
5285868000
CY2019Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
4189960000
CY2022 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
6151647000
CY2021 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
9720515000
CY2020 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
2433679000
CY2022 abr Mortgage Loans On Real Estate Funding Of Unfunded Loan Commitments
MortgageLoansOnRealEstateFundingOfUnfundedLoanCommitments
381831000
CY2021 abr Mortgage Loans On Real Estate Funding Of Unfunded Loan Commitments
MortgageLoansOnRealEstateFundingOfUnfundedLoanCommitments
200694000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
75000
CY2020 abr Mortgage Loans On Real Estate Funding Of Unfunded Loan Commitments
MortgageLoansOnRealEstateFundingOfUnfundedLoanCommitments
133244000
CY2022 abr Mortgage Loans On Real Estate Accretion Of Unearned Revenue
MortgageLoansOnRealEstateAccretionOfUnearnedRevenue
37468000
CY2021 abr Mortgage Loans On Real Estate Accretion Of Unearned Revenue
MortgageLoansOnRealEstateAccretionOfUnearnedRevenue
25618000
CY2020 abr Mortgage Loans On Real Estate Accretion Of Unearned Revenue
MortgageLoansOnRealEstateAccretionOfUnearnedRevenue
13590000
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1500000
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
24315000
CY2021 abr Allowance For Loan Loss Total Charge Offs
AllowanceForLoanLossTotalChargeOffs
10773000
CY2022 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
3818554000
CY2021 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
2516771000
CY2020 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1243694000
CY2022 abr Mortgage Loans On Real Estate Unfunded Loan Commitments
MortgageLoansOnRealEstateUnfundedLoanCommitments
376404000
CY2021 abr Mortgage Loans On Real Estate Unfunded Loan Commitments
MortgageLoansOnRealEstateUnfundedLoanCommitments
623639000
CY2020 abr Mortgage Loans On Real Estate Unfunded Loan Commitments
MortgageLoansOnRealEstateUnfundedLoanCommitments
127758000
CY2022 abr Mortgage Loans On Real Estate Unearned Revenue And Costs
MortgageLoansOnRealEstateUnearnedRevenueAndCosts
51808000
CY2021 abr Mortgage Loans On Real Estate Unearned Revenue And Costs
MortgageLoansOnRealEstateUnearnedRevenueAndCosts
69528000
CY2020 abr Mortgage Loans On Real Estate Unearned Revenue And Costs
MortgageLoansOnRealEstateUnearnedRevenueAndCosts
35893000
CY2022 abr Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Reclassification To Real Estate Owned
SecSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateReclassificationToRealEstateOwned
31200000
CY2021 abr Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Reclassification To Real Estate Owned
SecSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateReclassificationToRealEstateOwned
880000
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
20818000
CY2020 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
77335000
CY2022 us-gaap Mortgage Loans On Real Estate Foreclosures
MortgageLoansOnRealEstateForeclosures
36000
CY2021 us-gaap Mortgage Loans On Real Estate Foreclosures
MortgageLoansOnRealEstateForeclosures
65144000
CY2021 abr Mortgage Loans On Real Estate Use Of Loan Charge Offs
MortgageLoansOnRealEstateUseOfLoanChargeOffs
10773000
CY2022Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
14254674000
CY2021Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
11981048000
CY2020Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
5285868000

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