2013 Q4 Form 10-K Financial Statement

#000119312514077900 Filed on February 28, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2012 Q4 2012 Q3
Revenue $96.09M $114.9M $90.91M
YoY Change -16.4% 193.95% 824.02%
Cost Of Revenue $52.50M $51.70M $33.80M
YoY Change 1.55% 310.32% 228.16%
Gross Profit $63.90M $73.20M $65.40M
YoY Change -12.7% 176.23% 106.31%
Gross Profit Margin 66.5% 63.69% 71.94%
Selling, General & Admin $4.600M $4.800M $3.700M
YoY Change -4.17% 54.84% -32.73%
% of Gross Profit 7.2% 6.56% 5.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $9.200M $7.900M $31.95M
YoY Change 16.46% 51.92% 86.74%
Operating Profit $54.70M $65.30M $33.46M
YoY Change -16.23% 206.57% 129.25%
Interest Expense $8.282M
YoY Change 58.51%
% of Operating Profit 24.76%
Other Income/Expense, Net $2.725M
YoY Change 113.89%
Pretax Income $54.70M $65.30M $58.97M
YoY Change -16.23% 206.57% 137.03%
Income Tax $2.000M $16.10M $18.59M
% Of Pretax Income 3.66% 24.66% 31.52%
Net Earnings $52.70M $49.24M $40.38M
YoY Change 7.02% 150.59% 96.73%
Net Earnings / Revenue 54.84% 42.84% 44.42%
Basic Earnings Per Share $0.74 $0.83 $0.81
Diluted Earnings Per Share $0.69 $0.83 $0.81
COMMON SHARES
Basic Shares Outstanding 70.45M shares 58.90M shares 49.08M shares
Diluted Shares Outstanding 49.46M shares

Balance Sheet

Concept 2013 Q4 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.00M $34.00M $68.00M
YoY Change -20.59% 126.67% 466.67%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $3.000M $3.000M
Other Receivables $66.00M $32.00M
Total Short-Term Assets $93.00M $103.0M $103.0M
YoY Change -9.71% 232.26% 171.05%
LONG-TERM ASSETS
Property, Plant & Equipment $9.000M $0.00
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $40.00M $2.041B
YoY Change -100.0% -96.71% 98.73%
Other Assets
YoY Change
Total Long-Term Assets $4.210B $2.457B $2.226B
YoY Change 71.39% 81.3% 99.17%
TOTAL ASSETS
Total Short-Term Assets $93.00M $103.0M $103.0M
Total Long-Term Assets $4.210B $2.457B $2.226B
Total Assets $4.303B $2.560B $2.329B
YoY Change 68.13% 84.67% 101.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.00M $12.00M $10.00M
YoY Change 58.33% 0.0% -23.08%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.724B $1.256B $1.041B
YoY Change 37.26% 99.05% 137.13%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.803B $1.340B $1.080B
YoY Change 34.55% 106.47% 141.07%
LONG-TERM LIABILITIES
Long-Term Debt $958.0M $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $12.00M $5.000M $39.00M
YoY Change 140.0% -96.73% -76.22%
Total Long-Term Liabilities $970.0M $5.000M $39.00M
YoY Change 19300.0% -97.25% -76.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.803B $1.340B $1.080B
Total Long-Term Liabilities $970.0M $5.000M $39.00M
Total Liabilities $2.844B $1.358B $1.145B
YoY Change 109.36% 61.7% 83.17%
SHAREHOLDERS EQUITY
Retained Earnings $81.94M $70.89M $55.23M
YoY Change 15.59% 158.14%
Common Stock $1.385B $1.130B $1.129B
YoY Change 22.53% 118.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.467B $1.201B $1.184B
YoY Change
Total Liabilities & Shareholders Equity $4.311B $2.560B $2.329B
YoY Change 68.42% 84.67% 101.54%

Cashflow Statement

Concept 2013 Q4 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $52.70M $49.24M $40.38M
YoY Change 7.02% 150.59% 96.73%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $189.4M -$158.2M -$394.6M
YoY Change -219.72% -22.15% 906.63%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$269.5M -$56.90M $80.90M
YoY Change 373.64% -746.59% -1289.71%
Cash From Investing Activities -$269.5M -$56.90M $80.90M
YoY Change 373.64% -746.59% -1289.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $357.2M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 7.500M 181.1M 353.6M
YoY Change -95.86% -8.12% 537.12%
NET CHANGE
Cash From Operating Activities 189.4M -158.2M -394.6M
Cash From Investing Activities -269.5M -56.90M 80.90M
Cash From Financing Activities 7.500M 181.1M 353.6M
Net Change In Cash -72.60M -34.00M 39.90M
YoY Change 113.53% -1359.26% 320.0%
FREE CASH FLOW
Cash From Operating Activities $189.4M -$158.2M -$394.6M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2900000
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
71230485 shares
CY2012Q1 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
501441000
CY2012Q1 us-gaap Stockholders Equity
StockholdersEquity
595956000
CY2012Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1378020000
CY2012Q1 us-gaap Liabilities
Liabilities
782064000
CY2012Q1 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
174604000
CY2012Q1 us-gaap Assets
Assets
1378020000
CY2012Q1 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
927867000
CY2012Q1 us-gaap Other Assets
OtherAssets
88701000
CY2012Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
104870000
CY2012Q1 pmt Short Term Investment Fair Value
ShortTermInvestmentFairValue
63444000
CY2012Q1 pmt Mortgage Servicing Rights
MortgageServicingRights
18534000
CY2012Q1 pmt Borrowings Under Forward Purchase Agreement
BorrowingsUnderForwardPurchaseAgreement
127591000
CY2012Q1 pmt Liabilities Other
LiabilitiesOther
153032000
CY2012Q2 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
1007712000
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
805673000
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1890745000
CY2012Q2 us-gaap Liabilities
Liabilities
1085072000
CY2012Q2 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
167446000
CY2012Q2 us-gaap Assets
Assets
1890745000
CY2012Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1447254000
CY2012Q2 us-gaap Other Assets
OtherAssets
120955000
CY2012Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
89918000
CY2012Q2 pmt Short Term Investment Fair Value
ShortTermInvestmentFairValue
32340000
CY2012Q2 pmt Mortgage Servicing Rights
MortgageServicingRights
32832000
CY2012Q2 pmt Borrowings Under Forward Purchase Agreement
BorrowingsUnderForwardPurchaseAgreement
16693000
CY2012Q2 pmt Liabilities Other
LiabilitiesOther
60667000
CY2012Q3 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
1041371000
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
1184203000
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2328725000
CY2012Q3 us-gaap Liabilities
Liabilities
1144522000
CY2012Q3 us-gaap Assets
Assets
2328725000
CY2012Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1937541000
CY2012Q3 us-gaap Other Assets
OtherAssets
201528000
CY2012Q3 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
86180000
CY2012Q3 pmt Short Term Investment Fair Value
ShortTermInvestmentFairValue
38322000
CY2012Q3 pmt Mortgage Servicing Rights
MortgageServicingRights
65154000
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
1222429000
CY2013Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2927160000
CY2013Q1 us-gaap Liabilities
Liabilities
1704731000
CY2012Q3 pmt Liabilities Other
LiabilitiesOther
103151000
CY2013Q1 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
1615050000
CY2013Q2 us-gaap Convertible Debt
ConvertibleDebt
250000000
CY2013Q1 us-gaap Assets
Assets
2927160000
CY2013Q1 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
2490270000
CY2013Q1 us-gaap Other Assets
OtherAssets
126939000
CY2013Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
84486000
CY2013Q1 pmt Short Term Investment Fair Value
ShortTermInvestmentFairValue
45024000
CY2013Q1 pmt Mortgage Servicing Rights
MortgageServicingRights
180441000
CY2013Q1 pmt Liabilities Other
LiabilitiesOther
89681000
CY2013Q2 dei Entity Public Float
EntityPublicFloat
1226108506
CY2013Q2 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
1565896000
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
1244181000
CY2013Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3443384000
CY2013Q2 us-gaap Liabilities
Liabilities
2199203000
CY2013Q2 us-gaap Assets
Assets
3443384000
CY2013Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
2862126000
CY2013Q2 us-gaap Other Assets
OtherAssets
192350000
CY2013Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
88771000
CY2013Q2 pmt Short Term Investment Fair Value
ShortTermInvestmentFairValue
73236000
CY2013Q2 pmt Mortgage Servicing Rights
MortgageServicingRights
226901000
CY2013Q2 pmt Borrowings Under Forward Purchase Agreement
BorrowingsUnderForwardPurchaseAgreement
244047000
CY2013Q2 pmt Liabilities Other
LiabilitiesOther
139260000
CY2013Q3 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
1980058000
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
1494765000
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4249231000
CY2013Q3 us-gaap Liabilities
Liabilities
2754466000
CY2013Q3 us-gaap Convertible Debt
ConvertibleDebt
250000000
CY2013Q3 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
217492000
CY2013Q3 us-gaap Assets
Assets
4249231000
CY2013Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
3350632000
CY2013Q3 us-gaap Other Assets
OtherAssets
224437000
CY2013Q3 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
103202000
CY2013Q3 pmt Weighted Average Yield
WeightedAverageYield
0.039 pure
CY2013Q3 pmt Short Term Investment Fair Value
ShortTermInvestmentFairValue
80936000
CY2013Q3 pmt Mortgage Servicing Rights
MortgageServicingRights
269675000
CY2013Q3 pmt Borrowings Under Forward Purchase Agreement
BorrowingsUnderForwardPurchaseAgreement
229841000
CY2013Q3 pmt Liabilities Other
LiabilitiesOther
124559000
CY2013Q3 pmt Excess Spread Investment
ExcessSpreadInvestment
2857000
CY2013Q3 pmt Debt Instrument Unissued
DebtInstrumentUnissued
366800000
CY2013Q3 pmt Asset Backed Secured Financing Liability Fair Value
AssetBackedSecuredFinancingLiabilityFairValue
170008000
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
272984 shares
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
6.18
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
319913000
CY2010Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
484122000
CY2010Q4 us-gaap Cash
Cash
45447000
CY2010Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
29685000
CY2010Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
491809 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1819900 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
12.57
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
546017000
CY2011Q4 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
122813000
CY2011Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
115493000
CY2011Q4 us-gaap Qualitative And Quantitative Information Assets Or Liabilities For Transferors Continuing Involvement In Securitization Or Assetbacked Financing Arrangement Principal Amounts Outstanding
QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding
495031000
CY2011Q4 us-gaap Convertible Debt
ConvertibleDebt
CY2011Q4 us-gaap Assets
Assets
1386062000
CY2011Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
3355000
CY2011Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
5282000
CY2011Q4 us-gaap Pledged Assets Separately Reported Mortgage Related Securities Available For Sale Or Held For Investment
PledgedAssetsSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
231704000
CY2011Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
904910000
CY2011Q4 us-gaap Cash
Cash
14589000
CY2011Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
749000
CY2011Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
5341000
CY2011Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
80570000
CY2011Q4 pmt Guarantee Obligations Recourse Provision Unpaid Balance Of Mortgage Loans Subject To Pending Claims For Repurchase
GuaranteeObligationsRecourseProvisionUnpaidBalanceOfMortgageLoansSubjectToPendingClaimsForRepurchase
CY2011Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
205000
CY2011Q4 pmt Real Estate Loans And Securities Pledged
RealEstateLoansAndSecuritiesPledged
5787000
CY2011Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
288972000
CY2011Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Unused Borrowing Capacity Amount
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseUnusedBorrowingCapacityAmount
137323000
CY2011Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase
212677000
CY2011Q4 pmt Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements
RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreements
22979000
CY2011Q4 pmt Deferred Income Tax Expense Benefit Deferred Tax Asset Valuation
DeferredIncomeTaxExpenseBenefitDeferredTaxAssetValuation
CY2011Q4 pmt Mortgage Loans Held For Sale To Affiliate
MortgageLoansHeldForSaleToAffiliate
46266000
CY2011Q4 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
CY2011Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
5282000
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
58904456 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
58904456 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
665617 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4014159 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
15.92
CY2012Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
51956000
CY2012Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
1256102000
CY2012Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
36316000
CY2012Q4 us-gaap Liabilities
Liabilities
1358327000
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2012Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
967000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
1201336000
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1129858000
CY2012Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
48285000
CY2012Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
12216000
CY2012Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
967000
CY2012Q4 us-gaap Management Fee Payable
ManagementFeePayable
4499000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
70889000
CY2012Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
1257069000
CY2012Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
7547000
CY2012Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
1262363000
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
589000
CY2012Q4 us-gaap Deferred Tax Liabilities Mortgage Servicing Rights
DeferredTaxLiabilitiesMortgageServicingRights
51956000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2559663000
CY2012Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
CY2012Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
2825000
CY2012Q4 us-gaap Qualitative And Quantitative Information Assets Or Liabilities For Transferors Continuing Involvement In Securitization Or Assetbacked Financing Arrangement Principal Amounts Outstanding
QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding
12168740000
CY2012Q4 us-gaap Convertible Debt
ConvertibleDebt
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
6261000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
5294000
CY2012Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
26531000
CY2012Q4 us-gaap Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
956583000
CY2012Q4 us-gaap Margin Deposit Assets
MarginDepositAssets
2469000
CY2012Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
5374000
CY2012Q4 us-gaap Derivative Assets
DerivativeAssets
23706000
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
CY2012Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
947522000
CY2012Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
-890665000
CY2012Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
10266000
CY2012Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
975184000
CY2012Q4 us-gaap Assets
Assets
2559663000
CY2012Q4 us-gaap Short Term Investments
ShortTermInvestments
39017000
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-41690000
CY2012Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
5798000
CY2012Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1189971000
CY2012Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
125430000
CY2012Q4 us-gaap Pledged Assets Separately Reported Mortgage Related Securities Available For Sale Or Held For Investment
PledgedAssetsSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
972079000
CY2012Q4 us-gaap Other Assets
OtherAssets
46155000
CY2012Q4 us-gaap Due From Affiliates
DueFromAffiliates
4829000
CY2012Q4 us-gaap Servicing Asset
ServicingAsset
126776000
CY2012Q4 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
23834000
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1210796000
CY2012Q4 us-gaap Cash
Cash
33756000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
23706000
CY2012Q4 us-gaap Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
142371000
CY2012Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1346000
CY2012Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1867000
CY2012Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
126995000
CY2012Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
88078000
CY2012Q4 pmt Real Estate Acquired Through Foreclosure Remeasured During Period
RealEstateAcquiredThroughForeclosureRemeasuredDuringPeriod
56156000
CY2012Q4 pmt Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase
RealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase
7391000
CY2012Q4 pmt Deferred Tax Assets Real Estate Valuation Loss
DeferredTaxAssetsRealEstateValuationLoss
8399000
CY2012Q4 pmt Amounts Due From Affiliates
AmountsDueFromAffiliates
4800000
CY2012Q4 pmt Loans Held In Subsidiary Whose Stock Is Pledged To Secure Borrowings
LoansHeldInSubsidiaryWhoseStockIsPledgedToSecureBorrowings
1538000
CY2012Q4 pmt Guarantee Obligations Recourse Provision Unpaid Balance Of Mortgage Loans Subject To Pending Claims For Repurchase
GuaranteeObligationsRecourseProvisionUnpaidBalanceOfMortgageLoansSubjectToPendingClaimsForRepurchase
1727000
CY2012Q4 pmt Derivative And Financial Liabilities Offset Amount
DerivativeAndFinancialLiabilitiesOffsetAmount
1256102000
CY2012Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
4441000
CY2012Q4 pmt Fair Value Option Loans Held As Assets Aggregate Fair Value
FairValueOptionLoansHeldAsAssetsAggregateFairValue
2165155000
CY2012Q4 pmt Real Estate Loans And Securities Pledged
RealEstateLoansAndSecuritiesPledged
9061000
CY2012Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
1028290000
CY2012Q4 pmt Percentage Of Mortgage Loan Under Forward Purchase
PercentageOfMortgageLoanUnderForwardPurchase
pure
CY2012Q4 pmt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans Less Than Ninety Days
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoansLessThanNinetyDays
3055820000
CY2012Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Unused Borrowing Capacity Amount
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseUnusedBorrowingCapacityAmount
505094000
CY2012Q4 pmt Mortgage Loans On Real Estate Unpaid Balance
MortgageLoansOnRealEstateUnpaidBalance
2124033000
CY2012Q4 pmt Percentage Of Mortgage Loan Forward Purchase Agreement Originated
PercentageOfMortgageLoanForwardPurchaseAgreementOriginated
pure
CY2012Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase
894906000
CY2012Q4 pmt Short Term Investment Fair Value
ShortTermInvestmentFairValue
39017000
CY2012Q4 pmt Percentage Of Fair Value Mortgage Loan Portfolio
PercentageOfFairValueMortgageLoanPortfolio
0.68 pure
CY2012Q4 pmt States Contributing Five Percentage Of Mortgage Loans
StatesContributingFivePercentageOfMortgageLoans
New York Florida New Jersey Illinois
CY2012Q4 pmt Percentage Of Mortgage Loan Portfolio
PercentageOfMortgageLoanPortfolio
0.77 pure
CY2012Q4 pmt Contingent Underwriting Fees Payable
ContingentUnderwritingFeesPayable
2941000
CY2012Q4 pmt Servicing Advances
ServicingAdvances
32191000
CY2012Q4 pmt Mortgage Servicing Rights
MortgageServicingRights
126776000
CY2012Q4 pmt Mortgage Loans At Fair Value Sold Under Agreements To Repurchase
MortgageLoansAtFairValueSoldUnderAgreementsToRepurchase
353805000
CY2012Q4 pmt Percentage Of Estimated Fair Value Of Mortgage Loans Originated
PercentageOfEstimatedFairValueOfMortgageLoansOriginated
0.05 pure
CY2012Q4 pmt Deferred Income Tax Expense Benefit Deferred Tax Asset Valuation
DeferredIncomeTaxExpenseBenefitDeferredTaxAssetValuation
CY2012Q4 pmt Derivative And Financial Liabilities Cash Collateral Offset Amount
DerivativeAndFinancialLiabilitiesCashCollateralOffsetAmount
CY2012Q4 pmt Ratio Of Loans With Unpaid Principal Balance To Current Property Value
RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue
1.00 pure
CY2012Q4 pmt Deferred Income Taxes And Taxes Payable
DeferredIncomeTaxesAndTaxesPayable
41690000
CY2012Q4 pmt Liabilities Other
LiabilitiesOther
102225000
CY2012Q4 pmt Mortgage Loans Under Forward Purchase Agreement At Fair Value
MortgageLoansUnderForwardPurchaseAgreementAtFairValue
CY2012Q4 pmt Mortgage Loans Acquired For Sale At Fair Value Sold Under Agreements To Repurchase
MortgageLoansAcquiredForSaleAtFairValueSoldUnderAgreementsToRepurchase
894906000
CY2012Q4 pmt Loans Held For Sale Principal Balance
LoansHeldForSalePrincipalBalance
931787000
CY2012Q4 pmt Securities Sold Under Agreements To Repurchase Counterparty Margins
SecuritiesSoldUnderAgreementsToRepurchaseCounterpartyMargins
0
CY2012Q4 pmt Number Of Common Shares Held By Affiliate
NumberOfCommonSharesHeldByAffiliate
75000 shares
CY2012Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements Deposit
MortgageLoansAcquiredForSaleSoldUnderAgreementsDeposit
4100000
CY2012Q4 pmt Mortgage Loans Under Forward Purchase Agreements Unpaid Principal Balance
MortgageLoansUnderForwardPurchaseAgreementsUnpaidPrincipalBalance
CY2012Q4 pmt Mortgage Loans Held For Sale To Affiliate
MortgageLoansHeldForSaleToAffiliate
153326000
CY2012Q4 pmt Servicing Fees Payable
ServicingFeesPayable
3670000
CY2012Q4 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
12168454000
CY2012Q4 pmt Derivative Liability Gross Amounts Offset Under Master Netting Arrangement
DerivativeLiabilityGrossAmountsOffsetUnderMasterNettingArrangement
5294000
CY2012Q4 pmt Fair Value Unpaid Principal Of Underlying Loans Balance
FairValueUnpaidPrincipalOfUnderlyingLoansBalance
181783000
CY2012Q4 pmt Other Expenses Payable To Affiliate
OtherExpensesPayableToAffiliate
1106000
CY2012Q4 pmt Pledged Assets Separately Reported Loans Acquired For Sale Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansAcquiredForSalePledgedAsCollateralAtFairValue
947522000
CY2012Q4 pmt Mortgage Servicing Assets Remeasured During Period
MortgageServicingAssetsRemeasuredDuringPeriod
86215000
CY2012Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
132977000
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
70458082 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
70458082 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
661372 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5029174 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
19.95
CY2013Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
118240000
CY2013Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
2039605000
CY2013Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
59935000
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2013Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
41570000
CY2013Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
1961000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1467114000
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1384468000
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
71561000
CY2013Q4 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
197401000
CY2013Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
18636000
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1961000
CY2013Q4 us-gaap Management Fee Payable
ManagementFeePayable
8924000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
81941000
CY2013Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
2041566000
CY2013Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
2577000
CY2013Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
2049581000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
705000
CY2013Q4 us-gaap Deferred Tax Liabilities Mortgage Servicing Rights
DeferredTaxLiabilitiesMortgageServicingRights
118240000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4310917000
CY2013Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
190861000
CY2013Q4 us-gaap Liabilities
Liabilities
2843803000
CY2013Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
CY2013Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
12986000
CY2013Q4 us-gaap Qualitative And Quantitative Information Assets Or Liabilities For Transferors Continuing Involvement In Securitization Or Assetbacked Financing Arrangement Principal Amounts Outstanding
QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding
25792933000
CY2013Q4 us-gaap Convertible Debt
ConvertibleDebt
250000000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
9976000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
8015000
CY2013Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
6800000
CY2013Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
20962000
CY2013Q4 us-gaap Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
1963266000
CY2013Q4 us-gaap Margin Deposit Assets
MarginDepositAssets
-4971000
CY2013Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
8446000
CY2013Q4 us-gaap Derivative Assets
DerivativeAssets
7976000
CY2013Q4 us-gaap Cost Method Investments
CostMethodInvestments
0
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
38783000
CY2013Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
1963266000
CY2013Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
-1361026000
CY2013Q4 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
197401000
CY2013Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
238400000
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
49859000
CY2013Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
458137000
CY2013Q4 us-gaap Assets
Assets
4310917000
CY2013Q4 us-gaap Short Term Investments
ShortTermInvestments
92398000
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-68381000
CY2013Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
6178000
CY2013Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0
CY2013Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
2076665000
CY2013Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
264120000
CY2013Q4 us-gaap Pledged Assets Separately Reported Mortgage Related Securities Available For Sale Or Held For Investment
PledgedAssetsSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
454210000
CY2013Q4 us-gaap Other Assets
OtherAssets
66192000
CY2013Q4 us-gaap Due From Affiliates
DueFromAffiliates
6009000
CY2013Q4 us-gaap Servicing Asset
ServicingAsset
290572000
CY2013Q4 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
98109000
CY2013Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
2461217000
CY2013Q4 us-gaap Cash
Cash
27411000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
7976000
CY2013Q4 us-gaap Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
255870000
CY2013Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
26452000
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
5328000
CY2013Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
289737000
CY2013Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
138942000
CY2013Q4 pmt Real Estate Acquired Through Foreclosure Remeasured During Period
RealEstateAcquiredThroughForeclosureRemeasuredDuringPeriod
63043000
CY2013Q4 pmt Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase
RealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase
38225000
CY2013Q4 pmt Deferred Tax Assets Real Estate Valuation Loss
DeferredTaxAssetsRealEstateValuationLoss
5748000
CY2013Q4 pmt Amounts Due From Affiliates
AmountsDueFromAffiliates
6000000
CY2013Q4 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Expected To Vest Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndExpectedToVestWeightedAverageGrantDateFairValue
22.21
CY2013Q4 pmt Mortgage Servicing Rights Amortization Expense Year One
MortgageServicingRightsAmortizationExpenseYearOne
25673000
CY2013Q4 pmt Correspondent Lending Outstanding Contractual Loan Commitments
CorrespondentLendingOutstandingContractualLoanCommitments
557343000
CY2013Q4 pmt Loans Held In Subsidiary Whose Stock Is Pledged To Secure Borrowings
LoansHeldInSubsidiaryWhoseStockIsPledgedToSecureBorrowings
989000
CY2013Q4 pmt Guarantee Obligations Recourse Provision Unpaid Balance Of Mortgage Loans Subject To Pending Claims For Repurchase
GuaranteeObligationsRecourseProvisionUnpaidBalanceOfMortgageLoansSubjectToPendingClaimsForRepurchase
15085000
CY2013Q4 pmt Derivative And Financial Liabilities Offset Amount
DerivativeAndFinancialLiabilitiesOffsetAmount
2039605000
CY2013Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
10110000
CY2013Q4 pmt Fair Value Option Loans Held As Assets Aggregate Fair Value
FairValueOptionLoansHeldAsAssetsAggregateFairValue
3276582000
CY2013Q4 pmt Real Estate Loans And Securities Pledged
RealEstateLoansAndSecuritiesPledged
17453000
CY2013Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
1489070000
CY2013Q4 pmt Percentage Of Mortgage Loan Under Forward Purchase
PercentageOfMortgageLoanUnderForwardPurchase
0.72 pure
CY2013Q4 pmt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans Less Than Ninety Days
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoansLessThanNinetyDays
4637608000
CY2013Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Unused Borrowing Capacity Amount
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseUnusedBorrowingCapacityAmount
1230000000
CY2013Q4 pmt Mortgage Loans On Real Estate Unpaid Balance
MortgageLoansOnRealEstateUnpaidBalance
3314482000
CY2013Q4 pmt Percentage Of Mortgage Loan Forward Purchase Agreement Originated
PercentageOfMortgageLoanForwardPurchaseAgreementOriginated
0.25 pure
CY2013Q4 pmt Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements Remeasured During Period
RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreementsRemeasuredDuringPeriod
7760000
CY2013Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase
424670000
CY2013Q4 pmt Mortgage Servicing Rights Amortization Expense Year Five
MortgageServicingRightsAmortizationExpenseYearFive
21334000
CY2013Q4 pmt Short Term Investment Fair Value
ShortTermInvestmentFairValue
92398000
CY2013Q4 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instrument Other Than Option Vested And Expected To Vest Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentOtherThanOptionVestedAndExpectedToVestNumber
598688 shares
CY2013Q4 pmt Percentage Of Fair Value Mortgage Loan Portfolio
PercentageOfFairValueMortgageLoanPortfolio
0.61 pure
CY2013Q4 pmt States Contributing Five Percentage Of Mortgage Loans
StatesContributingFivePercentageOfMortgageLoans
New York Florida New Jersey
CY2013Q4 pmt Percentage Of Mortgage Loan Portfolio
PercentageOfMortgageLoanPortfolio
0.72 pure
CY2013Q4 pmt Mortgage Servicing Rights Amortization Expense Year Two
MortgageServicingRightsAmortizationExpenseYearTwo
25027000
CY2013Q4 pmt Contingent Underwriting Fees Payable
ContingentUnderwritingFeesPayable
1788000
CY2013Q4 pmt Servicing Advances
ServicingAdvances
59573000
CY2013Q4 pmt Real Estate Acquired In Settlement Of Loan Under Forward Purchase Agreement
RealEstateAcquiredInSettlementOfLoanUnderForwardPurchaseAgreement
9138000
CY2013Q4 pmt Mortgage Servicing Rights
MortgageServicingRights
290572000
CY2013Q4 pmt Mortgage Loans At Fair Value Sold Under Agreements To Repurchase
MortgageLoansAtFairValueSoldUnderAgreementsToRepurchase
1070105000
CY2013Q4 pmt Common Stock Value Reserved For Future Issuance
CommonStockValueReservedForFutureIssuance
197500000
CY2013Q4 pmt Real Estate Acquired Through Foreclosure Under Forward Purchase Agreements
RealEstateAcquiredThroughForeclosureUnderForwardPurchaseAgreements
9138000
CY2013Q4 pmt Borrowings Under Forward Purchase Agreement
BorrowingsUnderForwardPurchaseAgreement
226580000
CY2013Q4 pmt Percentage Of Estimated Fair Value Of Mortgage Loans Originated
PercentageOfEstimatedFairValueOfMortgageLoansOriginated
0.05 pure
CY2013Q4 pmt Deferred Income Tax Expense Benefit Deferred Tax Asset Valuation
DeferredIncomeTaxExpenseBenefitDeferredTaxAssetValuation
CY2013Q4 pmt Derivative And Financial Liabilities Cash Collateral Offset Amount
DerivativeAndFinancialLiabilitiesCashCollateralOffsetAmount
CY2013Q4 pmt Mortgage Servicing Rights Amortization Expense Year Three
MortgageServicingRightsAmortizationExpenseYearThree
23791000
CY2013Q4 pmt Ratio Of Loans With Unpaid Principal Balance To Current Property Value
RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue
1.00 pure
CY2013Q4 pmt Deferred Income Taxes And Taxes Payable
DeferredIncomeTaxesAndTaxesPayable
68381000
CY2013Q4 pmt Liabilities Other
LiabilitiesOther
162203000
CY2013Q4 pmt Mortgage Loans Under Forward Purchase Agreement At Fair Value
MortgageLoansUnderForwardPurchaseAgreementAtFairValue
218128000
CY2013Q4 pmt Mortgage Loans Acquired For Sale At Fair Value Sold Under Agreements To Repurchase
MortgageLoansAcquiredForSaleAtFairValueSoldUnderAgreementsToRepurchase
424670000
CY2013Q4 pmt Loans Held For Sale Principal Balance
LoansHeldForSalePrincipalBalance
447386000
CY2013Q4 pmt Mortgage Servicing Rights Amortization Expense Year Four
MortgageServicingRightsAmortizationExpenseYearFour
22740000
CY2013Q4 pmt Securities Sold Under Agreements To Repurchase Counterparty Margins
SecuritiesSoldUnderAgreementsToRepurchaseCounterpartyMargins
201000
CY2013Q4 pmt Number Of Common Shares Held By Affiliate
NumberOfCommonSharesHeldByAffiliate
75000 shares
CY2013Q4 pmt Mortgage Servicing Rights Amortization Expense After Year Five
MortgageServicingRightsAmortizationExpenseAfterYearFive
148132000
CY2013Q4 pmt Mortgage Loans Acquired For Sale Sold Under Agreements Deposit
MortgageLoansAcquiredForSaleSoldUnderAgreementsDeposit
3000000
CY2013Q4 pmt Mortgage Loans Under Forward Purchase Agreements Unpaid Principal Balance
MortgageLoansUnderForwardPurchaseAgreementsUnpaidPrincipalBalance
332484000
CY2013Q4 pmt Mortgage Loans Held For Sale To Affiliate
MortgageLoansHeldForSaleToAffiliate
112360000
CY2013Q4 pmt Servicing Fees Payable
ServicingFeesPayable
5915000
CY2013Q4 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
25652972000
CY2013Q4 pmt Derivative Liability Gross Amounts Offset Under Master Netting Arrangement
DerivativeLiabilityGrossAmountsOffsetUnderMasterNettingArrangement
8015000
CY2013Q4 pmt States Contributing Five Percentage Of Mortgage Loans Under Forward Purchase Agreements
StatesContributingFivePercentageOfMortgageLoansUnderForwardPurchaseAgreements
New Jersey Washington New York Maryland
CY2013Q4 pmt Fair Value Unpaid Principal Of Underlying Loans Balance
FairValueUnpaidPrincipalOfUnderlyingLoansBalance
2393321000
CY2013Q4 pmt Excess Spread Investment
ExcessSpreadInvestment
138723000
CY2013Q4 pmt Mortgage Loans At Fair Value Held By Variable Interest Entity
MortgageLoansAtFairValueHeldByVariableInterestEntity
523652000
CY2013Q4 pmt Asset Backed Secured Financing Liability Fair Value
AssetBackedSecuredFinancingLiabilityFairValue
165415000
CY2013Q4 pmt Other Expenses Payable To Affiliate
OtherExpensesPayableToAffiliate
2009000
CY2013Q4 pmt Pledged Assets Separately Reported Loans Acquired For Sale Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansAcquiredForSalePledgedAsCollateralAtFairValue
454210000
CY2013Q4 pmt Mortgage Servicing Assets Remeasured During Period
MortgageServicingAssetsRemeasuredDuringPeriod
184067000
CY2013Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
266697000
CY2013Q4 pmt Collateralized Mortgage Loans At Fair Value Held By Variable Interest Entity Sold Under Agreement To Repurchase And Asset Backed Secured Financing At Fair Value
CollateralizedMortgageLoansAtFairValueHeldByVariableInterestEntitySoldUnderAgreementToRepurchaseAndAssetBackedSecuredFinancingAtFairValue
516473000
CY2013Q4 pmt Pledged Assets Separately Reported Secure Borrowings Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedSecureBorrowingsPledgedAsCollateralAtFairValue
218128000
CY2013Q4 pmt Mortgage Loan At Fair Value Held By Variable Interest Entity Sold Under Agreements To Repurchase
MortgageLoanAtFairValueHeldByVariableInterestEntitySoldUnderAgreementsToRepurchase
315744000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
537000000
CY2013Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
11300000 shares
CY2013Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
249400000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
32964 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
340500 shares
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.41
CY2011 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.42
CY2011 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-30858000
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26679000 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
7.88
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.41
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.111 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
9.82
CY2011 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.000 pure
CY2011 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-283681000
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001 pure
CY2011 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
283000 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.52
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26396000 shares
CY2011 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-25000
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.018 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.258 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
88711 shares
CY2011 us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
1318763000
CY2011 us-gaap Revenues
Revenues
111668000
CY2011 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19202000
CY2011 us-gaap Gain Loss On Investments
GainLossOnInvestments
82643000
CY2011 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
3229000
CY2011 us-gaap Interest Income Operating
InterestIncomeOperating
36148000
CY2011 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
10564000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
72495000
CY2011 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6941000
CY2011 us-gaap Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
632000
CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
63740000
CY2011 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
4769000
CY2011 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
18749000
CY2011 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
30319000
CY2011 us-gaap Interest Income Domestic Deposits
InterestIncomeDomesticDeposits
100000
CY2011 us-gaap Interest And Fee Income Loans Held For Sale Mortgages
InterestAndFeeIncomeLoansHeldForSaleMortgages
2085000
CY2011 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
85455000
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
33910000
CY2011 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
3738000
CY2011 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-85366000
CY2011 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-32082000
CY2011 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
64439000
CY2011 us-gaap Real Estate Owned Valuation Allowance Provision
RealEstateOwnedValuationAllowanceProvision
10281000
CY2011 us-gaap Other Operating Income
OtherOperatingIncome
2170000
CY2011 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
-2812000
CY2011 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
CY2011 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
62000
CY2011 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
-1768000
CY2011 us-gaap Interest Paid
InterestPaid
16963000
CY2011 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
8581000
CY2011 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
50496000
CY2011 us-gaap Other Income
OtherIncome
6000
CY2011 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
206056000
CY2011 us-gaap Other Expenses
OtherExpenses
7887000
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
CY2011 us-gaap Dividends Common Stock
DividendsCommonStock
39548000
CY2011 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
522066000
CY2011 us-gaap Proceeds From Fees Received
ProceedsFromFeesReceived
166000
CY2011 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
17482000
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-333000
CY2011 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
873000
CY2011 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
5299000
CY2011 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
12656000
CY2011 us-gaap Payments To Acquire Us Government Securities Pledged Under Bond Indenture
PaymentsToAcquireUSGovernmentSecuritiesPledgedUnderBondIndenture
50000000
CY2011 us-gaap Net Income Loss
NetIncomeLoss
64439000
CY2011 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-908000
CY2011 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1993000
CY2011 us-gaap Servicing Fees Net
ServicingFeesNet
20000
CY2011 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
7633000
CY2011 us-gaap Average Balance During Period Of Loans Securitized
AverageBalanceDuringPeriodOfLoansSecuritized
34463000
CY2011 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
204340000
CY2011 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
206056000
CY2011 us-gaap Payments Of Dividends
PaymentsOfDividends
39548000
CY2011 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2662000
CY2011 us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
33386000
CY2011 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
8581000
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
3738000
CY2011 us-gaap Servicing Asset At Amortized Cost Other Than Temporary Impairments
ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments
CY2011 us-gaap Affiliate Costs
AffiliateCosts
6305000
CY2011 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
6571000
CY2011 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
774000
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2139000
CY2011 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
17000
CY2011 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-269243000
CY2011 us-gaap Interest Expense
InterestExpense
16946000
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1335000
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
25373000
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-247000
CY2011 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsRecoveries
CY2011 us-gaap Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
213000
CY2011 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
669029000
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-86000
CY2011 us-gaap Cash Flows Between Transferee And Transferor Proceeds From New Transfers
CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers
518567000
CY2011 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
441000
CY2011 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
13576000
CY2011 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-25000
CY2011 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
512447000
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
8389000
CY2011 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
699000
CY2011 us-gaap Professional Fees
ProfessionalFees
4434000
CY2011 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
63203000
CY2011 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
48000
CY2011 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5161000
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6250000
CY2011 us-gaap Operating Expenses
OperatingExpenses
39173000
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
97000
CY2011 us-gaap Management Fee Expense
ManagementFeeExpense
6740000
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8056000
CY2011 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
13204000
CY2011 pmt Fair Value Of Mortgage Loan Purchased During Year
FairValueOfMortgageLoanPurchasedDuringYear
647609000
CY2011 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
205000
CY2011 pmt Proceeds From Sale Of Other Real Estate Under Forward Purchase Agreements
ProceedsFromSaleOfOtherRealEstateUnderForwardPurchaseAgreements
1258000
CY2011 pmt Deferred Income Tax Expense Benefit Mortgage Servicing Rights
DeferredIncomeTaxExpenseBenefitMortgageServicingRights
-2536000
CY2011 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0206 pure
CY2011 pmt Mortgage Loan Hedging Activities Gain Loss
MortgageLoanHedgingActivitiesGainLoss
-4794000
CY2011 pmt Change In Fair Value Of Commitments To Purchase Loans
ChangeInFairValueOfCommitmentsToPurchaseLoans
5772000
CY2011 pmt Percentage Of Amortized Cost
PercentageOfAmortizedCost
0.0026 pure
CY2011 pmt Change In Fair Value Hedging Instruments Still Held At Period End
ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd
-3834000
CY2011 pmt Fair Value Option Non Credit Risk Gains Losses On Assets
FairValueOptionNonCreditRiskGainsLossesOnAssets
-53284000
CY2011 pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
6073000
CY2011 pmt Percentage Of Distributions Characterized As Long Term Capital Gain
PercentageOfDistributionsCharacterizedAsLongTermCapitalGain
0.05 pure
CY2011 pmt Interest Income On Mortgage Loans Subject To Forward Purchase Agreements
InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements
1131000
CY2011 pmt Proceeds From Sale Of Mortgage Backed Securities Mbs At Fair Value
ProceedsFromSaleOfMortgageBackedSecuritiesMbsAtFairValue
67660000
CY2011 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Average Balance
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAverageBalance
43713000
CY2011 pmt Fair Value Of Reo Purchased During Year
FairValueOfReoPurchasedDuringYear
2475000
CY2011 pmt Deferred Income Tax Expense Benefit Of Operating Loss Carryforward
DeferredIncomeTaxExpenseBenefitOfOperatingLossCarryforward
CY2011 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0263 pure
CY2011 pmt Results Of Real Estate Acquired In Settlement Of Loans
ResultsOfRealEstateAcquiredInSettlementOfLoans
1079000
CY2011 pmt Repayment Of Borrowings Under Forward Purchase Agreement
RepaymentOfBorrowingsUnderForwardPurchaseAgreement
47167000
CY2011 pmt Fair Value Purchased Of Mortgage Loans For Investment Portfolio
FairValuePurchasedOfMortgageLoansForInvestmentPortfolio
650084000
CY2011 pmt Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value
RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue
33097000
CY2011 pmt Gains Losses On Sales Of Other Real Estate Under Forward Purchase Agreements
GainsLossesOnSalesOfOtherRealEstateUnderForwardPurchaseAgreements
171000
CY2011 pmt Transfers From Reo Under Forward Purchases Agreements
TransfersFromReoUnderForwardPurchasesAgreements
778000
CY2011 pmt Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries
FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries
575460000
CY2011 pmt Increase In Payables Under Repurchase Agreements
IncreaseInPayablesUnderRepurchaseAgreements
1423615000
CY2011 pmt Transfers To Reo
TransfersToReo
778000
CY2011 pmt Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale
AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale
8130000
CY2011 pmt Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements
RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements
23880000
CY2011 pmt Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements
PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreements
194286000
CY2011 pmt Gains Losses Recognized Upon Sale Of Other Real Estate Under Forward Purchase Agreement
GainsLossesRecognizedUponSaleOfOtherRealEstateUnderForwardPurchaseAgreement
415000
CY2011 pmt Mortgage Servicing Rights Fair Value Additions
MortgageServicingRightsFairValueAdditions
774000
CY2011 pmt Effect Of Mortgage Servicing Rights On Loan Servicing Fees
EffectOfMortgageServicingRightsOnLoanServicingFees
42000
CY2011 pmt Loan Fulfillment Fees Payable To Affiliate
LoanFulfillmentFeesPayableToAffiliate
1747000
CY2011 pmt Deferred Income Tax Expense Benefit Real Estate Valuation Loss
DeferredIncomeTaxExpenseBenefitRealEstateValuationLoss
2783000
CY2011 pmt Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements
InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements
3116000
CY2011 pmt Repayments Of Mortgage Loans At Fair Value
RepaymentsOfMortgageLoansAtFairValue
122744000
CY2011 pmt Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries
FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries
2160000
CY2011 pmt Sales Of Real Estate Acquired In Settlement Of Loans Under Forward Purchase Agreement
SalesOfRealEstateAcquiredInSettlementOfLoansUnderForwardPurchaseAgreement
1258000
CY2011 pmt Payments To Acquire Mortgage Backed Securities Mbs At Fair Value
PaymentsToAcquireMortgageBackedSecuritiesMbsAtFairValue
21420000
CY2011 pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0026 pure
CY2011 pmt Repurchase Of Loans At Fair Value Sold Under Agreements To Repurchase
RepurchaseOfLoansAtFairValueSoldUnderAgreementsToRepurchase
103354000
CY2011 pmt Change In Fair Value Relating To Mortgage Loans Still Held At Period End
ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd
6192000
CY2011 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0110 pure
CY2011 pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
82174000
CY2011 pmt Payments From Purchases Of Securities Sold Under Agreements To Repurchase
PaymentsFromPurchasesOfSecuritiesSoldUnderAgreementsToRepurchase
1409324000
CY2011 pmt Interest Expense Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase
InterestExpenseMortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase
2426000
CY2011 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0067 pure
CY2011 pmt Real Estate Owned Held For Sale Acquired In Business Combination
RealEstateOwnedHeldForSaleAcquiredInBusinessCombination
54212000
CY2011 pmt Purchases During Year Of Real Estate Acquired In Settlement Of Loan Under Forward Purchase Agreement
PurchasesDuringYearOfRealEstateAcquiredInSettlementOfLoanUnderForwardPurchaseAgreement
964000
CY2011 pmt Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements
LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements
744000
CY2011 pmt Sales Of Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase
SalesOfRealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase
37587000
CY2011 pmt Borrowings Under Forward Purchase Agreements Value Interest Expense
BorrowingsUnderForwardPurchaseAgreementsValueInterestExpense
3116000
CY2011 pmt Representations And Warranties Losses Incurred
RepresentationsAndWarrantiesLossesIncurred
CY2011 pmt Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
115493000
CY2011 pmt Transfer Of Mortgage Loans To Reo
TransferOfMortgageLoansToReo
104203000
CY2011 pmt Accrual Of Costs Related To Forward Purchase Agreement
AccrualOfCostsRelatedToForwardPurchaseAgreement
4406000
CY2011 pmt Note Payable Secured By Mortgage Loans At Fair Value Interest Expense
NotePayableSecuredByMortgageLoansAtFairValueInterestExpense
254000
CY2011 pmt Purchases Of Real Estate Acquired In Settlement Of Loans
PurchasesOfRealEstateAcquiredInSettlementOfLoans
1511000
CY2011 pmt Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision
RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision
244000
CY2011 pmt Base Management Fee
BaseManagementFee
6740000
CY2011 pmt Transfer Of Mortgage Loans Under Forward Purchase Agreements To Reo Under Forward Purchase Agreements
TransferOfMortgageLoansUnderForwardPurchaseAgreementsToReoUnderForwardPurchaseAgreements
23039000
CY2011 pmt Percentage Of Ordinary Income
PercentageOfOrdinaryIncome
0.95 pure
CY2011 pmt Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Accrual Of Unearned Discounts Asset
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccrualOfUnearnedDiscountsAsset
1993000
CY2011 pmt Deferred Income Tax Expense Benefit Other
DeferredIncomeTaxExpenseBenefitOther
86000
CY2011 pmt Repurchases Of Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase
RepurchasesOfRealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase
10093000
CY2011 pmt Gains Losses Recognized Upon Sale Of Other Real Estate
GainsLossesRecognizedUponSaleOfOtherRealEstate
-11189000
CY2011 pmt Payment To Acquire Mortgage Loan At Fair Value
PaymentToAcquireMortgageLoanAtFairValue
453323000
CY2011 pmt Purchase Of Real Estate Financed Through Forward Purchase Agreements
PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements
964000
CY2011 pmt Loan Originations Fees
LoanOriginationsFees
1085000
CY2011 pmt Mortgage Servicing Rights Rebate From Affiliate
MortgageServicingRightsRebateFromAffiliate
CY2011 pmt Securities Sold Under Agreements To Repurchase Average Balance
SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance
78021000
CY2011 pmt Net Gain Loss On Mortgage Loans Under Forward Purchase Agreement
NetGainLossOnMortgageLoansUnderForwardPurchaseAgreement
14357000
CY2011 pmt Debt Instrument Amount Repurchased
DebtInstrumentAmountRepurchased
CY2011 pmt Servicing Fees Contractually Specified
ServicingFeesContractuallySpecified
62000
CY2011 pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
110891000
CY2011 pmt Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries
FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries
577620000
CY2011 pmt Sales Of Loans Under Agreements To Repurchase
SalesOfLoansUnderAgreementsToRepurchase
234073000
CY2011 pmt Interest Rate Lock Commitments Issued Net
InterestRateLockCommitmentsIssuedNet
15955000
CY2011 pmt Share Based Compensation Cash And Noncash
ShareBasedCompensationCashAndNoncash
4214000
CY2011 pmt Interest Income On Mortgage Financings
InterestIncomeOnMortgageFinancings
29603000
CY2011 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Repurchased Mortgage Loans Repurchased By Correspondent Lenders
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfRepurchasedMortgageLoansRepurchasedByCorrespondentLenders
CY2011 pmt Amortization Of Credit Facility Commitment Fees And Debt Issuance Costs
AmortizationOfCreditFacilityCommitmentFeesAndDebtIssuanceCosts
1842000
CY2011 pmt Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates
ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates
577852000
CY2011 pmt Loans Fulfilled By Affiliate Unpaid Principal Balance
LoansFulfilledByAffiliateUnpaidPrincipalBalance
505317000
CY2011 pmt Reimbursement Of Expenses To Affiliate
ReimbursementOfExpensesToAffiliate
2219000
CY2011 pmt Reimbursement Of Common Overhead Incurred By Affiliate
ReimbursementOfCommonOverheadIncurredByAffiliate
4086000
CY2011 pmt Capitalization Of Interest And Advances On Mortgage Loans At Fair Value
CapitalizationOfInterestAndAdvancesOnMortgageLoansAtFairValue
8550000
CY2011 pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
21691000
CY2011 pmt Net Results Of Real Estate Acquired In Settlement Of Loans
NetResultsOfRealEstateAcquiredInSettlementOfLoans
1079000
CY2011 pmt Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion
GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion
-1571000
CY2011 pmt Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results
AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults
-6365000
CY2011 pmt Transfer Of Interest Rate Lock Commitments To Mortgage Loans Acquired For Sale
TransferOfInterestRateLockCommitmentsToMortgageLoansAcquiredForSale
10183000
CY2011 pmt Sales Of Loans Acquired For Sale Under Agreements To Repurchase
SalesOfLoansAcquiredForSaleUnderAgreementsToRepurchase
1297671000
CY2011 pmt Repurchases Of Loans Acquired For Sale Sold Under Agreements To Repurchase
RepurchasesOfLoansAcquiredForSaleSoldUnderAgreementsToRepurchase
1087486000
CY2011 pmt Convertible Debt Weighted Average Interest Rates At Period End
ConvertibleDebtWeightedAverageInterestRatesAtPeriodEnd
pure
CY2011 pmt Convertible Debt Average Balance During Period
ConvertibleDebtAverageBalanceDuringPeriod
CY2011 pmt Convertible Debt Maximum Daily Amount Outstanding
ConvertibleDebtMaximumDailyAmountOutstanding
CY2013 dei Trading Symbol
TradingSymbol
PMT
CY2013 dei Entity Registrant Name
EntityRegistrantName
PennyMac Mortgage Investment Trust
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001464423
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
6181 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
255445 shares
CY2013 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.96
CY2013 us-gaap Incentive Fee Description
IncentiveFeeDescription
The performance incentive fee is calculated quarterly and is equal to: (a) 10% of the amount by which net income for the quarter exceeds (i) an 8% return on equity plus the high watermark, up to (ii) a 12% return on equity; plus (b) 15% of the amount by which net income for the quarter exceeds (i) a 12% return on equity plus the high watermark, up to (ii) a 16% return on equity; plus (c) 20% of the amount by which net income for the quarter exceeds a 16% return on equity plus the high watermark.
CY2013 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.87
CY2013 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-6345000
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69448000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
20.06
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.13
CY2013 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
5647000 shares
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.067 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
13.40
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.000 pure
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-242832000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002 pure
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
375000 shares
CY2013 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Note&#xA0;39&#x2014;Recently Issued Accounting Pronouncements</b></p> <!-- xbrl,body --> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 8%"> In December 2011, the FASB issued an Accounting Standards Update, (&#x201C;ASU&#x201D;), ASU 2011-11 to the <i>Balance Sheet</i> topic of the Codification. The amendments in this ASU affect all entities that have financial instruments and derivative instruments that are either (1) offset in accordance with the <i>Offsetting Presentation</i> section of the <i>Balance Sheet</i> topic or the <i>Presentation</i> section of the <i>Derivatives and Hedging</i> topic of the Codification or (2) subject an enforceable master netting arrangement or similar agreement.</p> <p style="MARGIN-BOTTOM: 0pt; PAGE-BREAK-BEFORE: always; MARGIN-TOP: 0pt"> </p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> In January 2013, the FASB issued ASU 2013-01, <i>Clarifying the Scope of Disclosures About Offsetting Assets and Liabilities,</i> which clarifies which instruments and transactions are subject to the offsetting disclosure requirements established by ASU 2011-11. The ASU clarifies that the scope applied to derivatives accounted for in accordance with the <i>Derivatives and Hedging</i> topic of the Codification, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset in accordance with the <i>Offsetting Presentation</i> section of the <i>Balance Sheet</i> topic or the <i>Presentation</i> section of the <i>Derivatives and Hedging</i> topic or subject to an enforceable master netting arrangement or similar agreement.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> The amendments in this ASU require the Company to disclose information about offsetting and related arrangement to enable users of financial statements to understand the effect of netting to an entity&#x2019;s financial position. The ASU amendments and the subsequent clarification of the amendment are effective for periods beginning on or after January 1, 2013, and are shown for all periods presented on the consolidated balance sheet. The adoption of these ASU amendments did not have a material effect on the Company&#x2019;s financial condition or results of operations.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> In January of 2014, the FASB issued ASU&#xA0;2014-04, <i>Receivables&#x2014;Troubled Debt Restructurings by Creditors (Subtopic 310-40</i>), which clarifies when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan should be derecognized and the real estate property recognized.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> ASU 2014-04 specifies that a creditor is considered to have received physical possession (resulting from an in substance repossession or foreclosure) of residential real estate property collateralizing a consumer mortgage loan only upon the occurrence of either of the following:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="4%">&#xA0;</td> <td valign="top" width="4%" align="left">a.</td> <td valign="top" align="left">The creditor obtains legal title to the residential real estate property upon completion of a foreclosure. A creditor may obtain legal title to the residential real estate property even if the borrower has redemption rights that provide the borrower with a legal right for a period of time after a foreclosure to reclaim the real estate property by paying certain amounts specified by law.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="4%">&#xA0;</td> <td valign="top" width="4%" align="left">b.</td> <td valign="top" align="left">The borrower conveys all interest in the residential real estate property to the creditor to satisfy the loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. The deed in lieu of foreclosure or similar legal agreement is completed when agreed-upon terms and conditions have been satisfied by both the borrower and the creditor.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 12px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 8%"> ASU 2014-04 also requires the disclosure of the carrying value of REO and its recorded investment in consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process according to local requirements of the applicable jurisdiction. ASU 2014-04 is effective for the Company for annual and interim periods within those annual periods, beginning after December&#xA0;15, 2014.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 8%"> An entity can elect to adopt the amendments in this Update using either a modified retrospective transition method or a prospective transition method. Under the modified retrospective transition method, an entity would apply the amendments in ASU 2014-04 by means of a cumulative-effect adjustment to residential consumer mortgage loans and foreclosed residential real estate properties existing as of the beginning of the annual period for which the amendments are effective. The adoption of ASU 2014-04 is not expected to be material to the financial statements of the Company.</p> </div>
CY2013 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> Following is a summary of maturities of outstanding advances under repurchase agreements by maturity date:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td width="84%"></td> <td valign="bottom" width="8%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom" nowrap="nowrap"> <p style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 144.75pt"> <b>Remaining maturity at December&#xA0;31, 2013</b></p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Balance</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" colspan="2" align="center"> <b>(in&#xA0;thousands)</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Within 30 days</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">49,339</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Over 30 to 90&#xA0;days</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">362,577</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Over 90&#xA0;days to 180 days</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">12,754</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Over 180 days to 1 year</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">424,670</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Weighted average maturity (in months)</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">2.44</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> </table> </div>
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
23.91
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63426000 shares
CY2013 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
616000
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.011 pure
CY2013 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
57640000
CY2013 us-gaap Gain Loss On Investments
GainLossOnInvestments
207758000
CY2013 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
2138000
CY2013 us-gaap Interest Income Operating
InterestIncomeOperating
122862000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.296 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
253509 shares
CY2013 us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
32025502000
CY2013 us-gaap Revenues
Revenues
405518000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
-13725000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
214635000
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-9200000
CY2013 us-gaap Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
-19806000
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
198439000
CY2013 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
63564000
CY2013 us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
1419000
CY2013 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
151600000
CY2013 us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
2834000
CY2013 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
53381000
CY2013 us-gaap Interest Income Domestic Deposits
InterestIncomeDomesticDeposits
542000
CY2013 us-gaap Interest And Fee Income Loans Held For Sale Mortgages
InterestAndFeeIncomeLoansHeldForSaleMortgages
33726000
CY2013 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
7425000
CY2013 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
209377000
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
69090000
CY2013 us-gaap Interest Income Other
InterestIncomeOther
209000
CY2013 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
5452000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-187467000
CY2013 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-46323000
CY2013 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
205746000
CY2013 us-gaap Real Estate Owned Valuation Allowance Provision
RealEstateOwnedValuationAllowanceProvision
24002000
CY2013 us-gaap Other Operating Income
OtherOperatingIncome
8660000
CY2013 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
-5657000
CY2013 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-1988000
CY2013 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
50716000
CY2013 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
1180000
CY2013 us-gaap Interest Paid
InterestPaid
67374000
CY2013 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
12321000
CY2013 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
145596000
CY2013 us-gaap Other Income
OtherIncome
4386000
CY2013 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
121230000
CY2013 us-gaap Payment For Incentive Fee
PaymentForIncentiveFee
10
CY2013 us-gaap Net Income Loss
NetIncomeLoss
200190000
CY2013 us-gaap Gain Loss From Sale Of Financial Assets In Securitizations Or Asset Backed Financing Arrangement
GainLossFromSaleOfFinancialAssetsInSecuritizationsOrAssetBackedFinancingArrangement
2279000
CY2013 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
13471000
CY2013 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
186000
CY2013 us-gaap Servicing Fees Net
ServicingFeesNet
32791000
CY2013 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
98669000
CY2013 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
5556000
CY2013 us-gaap Average Balance During Period Of Loans Securitized
AverageBalanceDuringPeriodOfLoansSecuritized
20670861000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
274605000
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
261595000
CY2013 us-gaap Performance Fees
PerformanceFees
100
CY2013 us-gaap Payments Of Dividends
PaymentsOfDividends
147568000
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-14518000
CY2013 us-gaap Interest Expense Other
InterestExpenseOther
2533000
CY2013 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
12321000
CY2013 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
261595000
CY2013 us-gaap Other Expenses
OtherExpenses
23061000
CY2013 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
584000
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
CY2013 us-gaap Dividends Common Stock
DividendsCommonStock
189138000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1265483000
CY2013 us-gaap Proceeds From Fees Received
ProceedsFromFeesReceived
4611000
CY2013 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
39348000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
26691000
CY2013 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
22642000
CY2013 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7914000
CY2013 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
1338000
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-10014000
CY2013 us-gaap Operating Expenses
OperatingExpenses
190883000
CY2013 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
9580000
CY2013 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
273000
CY2013 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
250000000
CY2013 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
159961000
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
5452000
CY2013 us-gaap Servicing Asset At Amortized Cost Other Than Temporary Impairments
ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments
CY2013 us-gaap Affiliate Costs
AffiliateCosts
15627000
CY2013 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
7364000
CY2013 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
23071000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-2232000
CY2013 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
26241000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1028996000
CY2013 us-gaap Interest Expense
InterestExpense
65222000
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2419000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
75122000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
20737000
CY2013 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsRecoveries
4970000
CY2013 us-gaap Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
51712000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
1462134000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
5954000
CY2013 us-gaap Cash Flows Between Transferee And Transferor Proceeds From New Transfers
CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers
15818582000
CY2013 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
23619000
CY2013 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
47790000
CY2013 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-722000
CY2013 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
15818582000
CY2013 us-gaap Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
-4970000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-12246000
CY2013 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
1751000
CY2013 us-gaap Professional Fees
ProfessionalFees
8373000
CY2013 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
120925000
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
468000
CY2013 us-gaap Management Fee Expense
ManagementFeeExpense
32410000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14445000
CY2013 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
39413000
CY2013 pmt Deferred Income Tax Expense Benefit Mortgage Servicing Rights
DeferredIncomeTaxExpenseBenefitMortgageServicingRights
-66284000
CY2013 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0197 pure
CY2013 pmt Services Agreement Expiration Date
ServicesAgreementExpirationDate
2017-02-01
CY2013 pmt Fair Value Of Mortgage Loan Purchased During Year
FairValueOfMortgageLoanPurchasedDuringYear
1309767000
CY2013 pmt Basis Point For Mortgage Loan
BasisPointForMortgageLoan
0.0050 pure
CY2013 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Amortization Of Debt Issuance Costs Excluded From Average Cost
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAmortizationOfDebtIssuanceCostsExcludedFromAverageCost
6800000
CY2013 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
5669000
CY2013 pmt Proceeds From Sale Of Other Real Estate Under Forward Purchase Agreements
ProceedsFromSaleOfOtherRealEstateUnderForwardPurchaseAgreements
651000
CY2013 pmt Maximum Equity Based Awards Issuable Percentage Of Issued And Outstanding Shares As Of Grant Date
MaximumEquityBasedAwardsIssuablePercentageOfIssuedAndOutstandingSharesAsOfGrantDate
0.08 pure
CY2013 pmt Mortgage Loan Hedging Activities Gain Loss
MortgageLoanHedgingActivitiesGainLoss
136829000
CY2013 pmt Change In Fair Value Of Commitments To Purchase Loans
ChangeInFairValueOfCommitmentsToPurchaseLoans
-18230000
CY2013 pmt Percentage Of Amortized Cost
PercentageOfAmortizedCost
0.0026 pure
CY2013 pmt Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Estimated Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsEstimatedForfeitureRate
0.15 pure
CY2013 pmt Percentage Of Change In Net Income Loss
PercentageOfChangeInNetIncomeLoss
0.08 pure
CY2013 pmt Change In Fair Value Hedging Instruments Still Held At Period End
ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd
9552000
CY2013 pmt Fair Value Option Non Credit Risk Gains Losses On Assets
FairValueOptionNonCreditRiskGainsLossesOnAssets
-141144000
CY2013 pmt Related Party Base Management Fee As Percentage Of Stock Holders Equity
RelatedPartyBaseManagementFeeAsPercentageOfStockHoldersEquity
0.015 pure
CY2013 pmt Incentive Fees Payable
IncentiveFeesPayable
10
CY2013 pmt Percentage Of Income Tax Positions Likely To Be Realized
PercentageOfIncomeTaxPositionsLikelyToBeRealized
0.50 pure
CY2013 pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
183032000
CY2013 pmt Assets Gains Losses Recognized
AssetsGainsLossesRecognized
-6972000
CY2013 pmt Percentage Of Distributions Characterized As Long Term Capital Gain
PercentageOfDistributionsCharacterizedAsLongTermCapitalGain
0.17 pure
CY2013 pmt Interest Income On Mortgage Loans Subject To Forward Purchase Agreements
InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements
3659000
CY2013 pmt Proceeds From Sale Of Mortgage Backed Securities Mbs At Fair Value
ProceedsFromSaleOfMortgageBackedSecuritiesMbsAtFairValue
2566000
CY2013 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Average Balance
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAverageBalance
832703000
CY2013 pmt Fair Value Of Reo Purchased During Year
FairValueOfReoPurchasedDuringYear
120000
CY2013 pmt Deferred Income Tax Expense Benefit Of Operating Loss Carryforward
DeferredIncomeTaxExpenseBenefitOfOperatingLossCarryforward
38783000
CY2013 pmt Sourcing Fee On Unpaid Principal Balance
SourcingFeeOnUnpaidPrincipalBalance
0.0003 pure
CY2013 pmt Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Ninety Days Or More
UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentNinetyDaysOrMore
13375000
CY2013 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0209 pure
CY2013 pmt Servicing Portfolio Percentage Of Aggregate Unpaid Principal Balance
ServicingPortfolioPercentageOfAggregateUnpaidPrincipalBalance
0.30 pure
CY2013 pmt Results Of Real Estate Acquired In Settlement Of Loans
ResultsOfRealEstateAcquiredInSettlementOfLoans
-13491000
CY2013 pmt Fixed Rate Mortgage Loans Maximum
FixedRateMortgageLoansMaximum
0.045 pure
CY2013 pmt Repayment Of Borrowings Under Forward Purchase Agreement
RepaymentOfBorrowingsUnderForwardPurchaseAgreement
27070000
CY2013 pmt Fair Value Purchased Of Mortgage Loans For Investment Portfolio
FairValuePurchasedOfMortgageLoansForInvestmentPortfolio
1309887000
CY2013 pmt Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value
RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue
15319000
CY2013 pmt Absolute Return To Shareholders Hurdle
AbsoluteReturnToShareholdersHurdle
0.08 pure
CY2013 pmt Interest Income Debt Securities
InterestIncomeDebtSecurities
222000
CY2013 pmt Gains Losses On Sales Of Other Real Estate Under Forward Purchase Agreements
GainsLossesOnSalesOfOtherRealEstateUnderForwardPurchaseAgreements
-20000
CY2013 pmt Transfers From Reo Under Forward Purchases Agreements
TransfersFromReoUnderForwardPurchasesAgreements
117000
CY2013 pmt Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries
FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries
443154000
CY2013 pmt Increase In Payables Under Repurchase Agreements
IncreaseInPayablesUnderRepurchaseAgreements
510761000
CY2013 pmt Transfers To Reo
TransfersToReo
117000
CY2013 pmt Service Agreement Maturity Renewal Term
ServiceAgreementMaturityRenewalTerm
18-month periods
CY2013 pmt Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale
AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale
-17943000
CY2013 pmt Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements
RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements
9922000
CY2013 pmt Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements
PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreements
246605000
CY2013 pmt Gains Losses Recognized Upon Sale Of Other Real Estate Under Forward Purchase Agreement
GainsLossesRecognizedUponSaleOfOtherRealEstateUnderForwardPurchaseAgreement
92000
CY2013 pmt Mortgage Servicing Rights Fair Value Additions
MortgageServicingRightsFairValueAdditions
24490000
CY2013 pmt Effect Of Mortgage Servicing Rights On Loan Servicing Fees
EffectOfMortgageServicingRightsOnLoanServicingFees
22644000
CY2013 pmt Loan Fulfillment Fees Payable To Affiliate
LoanFulfillmentFeesPayableToAffiliate
79712000
CY2013 pmt Amount Of Incentive Distribution Rights Earned
AmountOfIncentiveDistributionRightsEarned
100
CY2013 pmt Deferred Income Tax Expense Benefit Real Estate Valuation Loss
DeferredIncomeTaxExpenseBenefitRealEstateValuationLoss
-2651000
CY2013 pmt Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements
InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements
3707000
CY2013 pmt Repayments Of Mortgage Loans At Fair Value
RepaymentsOfMortgageLoansAtFairValue
255210000
CY2013 pmt Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Thirty To Ninety Days
UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentThirtyToNinetyDays
68156000
CY2013 pmt Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries
FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries
38000
CY2013 pmt Sales Of Real Estate Acquired In Settlement Of Loans Under Forward Purchase Agreement
SalesOfRealEstateAcquiredInSettlementOfLoansUnderForwardPurchaseAgreement
651000
CY2013 pmt Payments To Acquire Mortgage Backed Securities Mbs At Fair Value
PaymentsToAcquireMortgageBackedSecuritiesMbsAtFairValue
199558000
CY2013 pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0026 pure
CY2013 pmt Repurchase Of Loans At Fair Value Sold Under Agreements To Repurchase
RepurchaseOfLoansAtFairValueSoldUnderAgreementsToRepurchase
830254000
CY2013 pmt Change In Fair Value Relating To Mortgage Loans Still Held At Period End
ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd
-9265000
CY2013 pmt Mortgage Loans Description Of Variable Rate Basis
MortgageLoansDescriptionOfVariableRateBasis
Note rate pools of 50 basis points for note rates between 3.0% and 4.5% and a single pool for note rates below 3%. Adjustable rate mortgage loans with initial interest rates of 4.5% or less are evaluated in a single pool.
CY2013 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0046 pure
CY2013 pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
2148185000
CY2013 pmt Payments From Purchases Of Securities Sold Under Agreements To Repurchase
PaymentsFromPurchasesOfSecuritiesSoldUnderAgreementsToRepurchase
319900000
CY2013 pmt Mortgage Servicing Rights Rebate From Affiliate
MortgageServicingRightsRebateFromAffiliate
709000
CY2013 pmt Securities Sold Under Agreements To Repurchase Average Balance
SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance
58653000
CY2013 pmt Net Gain Loss On Mortgage Loans Under Forward Purchase Agreement
NetGainLossOnMortgageLoansUnderForwardPurchaseAgreement
11720000
CY2013 pmt Debt Instrument Amount Repurchased
DebtInstrumentAmountRepurchased
4209000
CY2013 pmt Interest Expense Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase
InterestExpenseMortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase
24502000
CY2013 pmt Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans At Fair Value
TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoansAtFairValue
15347000
CY2013 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0041 pure
CY2013 pmt Net Operating Loss Carry Forwards Expiration Date
NetOperatingLossCarryForwardsExpirationDate
2033
CY2013 pmt Real Estate Acquired Settlement Of Loan Under Forward Purchase Agreement Gains Losses Recognized
RealEstateAcquiredSettlementOfLoanUnderForwardPurchaseAgreementGainsLossesRecognized
-86000
CY2013 pmt Real Estate Owned Held For Sale Acquired In Business Combination
RealEstateOwnedHeldForSaleAcquiredInBusinessCombination
71951000
CY2013 pmt Real Estate Acquired Through Foreclosure Gains Losses Recognized
RealEstateAcquiredThroughForeclosureGainsLossesRecognized
11856000
CY2013 pmt Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements
LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements
852000
CY2013 pmt Purchases Of Real Estate Acquired In Settlement Of Loans
PurchasesOfRealEstateAcquiredInSettlementOfLoans
82000
CY2013 pmt Initial Interest Rates
InitialInterestRates
More than 4.5%
CY2013 pmt Sales Of Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase
SalesOfRealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase
14474000
CY2013 pmt Borrowings Under Forward Purchase Agreements Value Interest Expense
BorrowingsUnderForwardPurchaseAgreementsValueInterestExpense
3707000
CY2013 pmt Representations And Warranties Losses Incurred
RepresentationsAndWarrantiesLossesIncurred
CY2013 pmt Repurchase Agreements Weighted Average Maturity Period
RepurchaseAgreementsWeightedAverageMaturityPeriod
P2Y5M9D
CY2013 pmt Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
199587000
CY2013 pmt Transfer Of Mortgage Loans To Reo
TransferOfMortgageLoansToReo
177743000
CY2013 pmt Accrual Of Costs Related To Forward Purchase Agreement
AccrualOfCostsRelatedToForwardPurchaseAgreement
7083000
CY2013 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Expected To Vest Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndExpectedToVestWeightedAverageRemainingContractualTerm
P28M
CY2013 pmt Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision
RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision
112000
CY2013 pmt Base Management Fee
BaseManagementFee
19644000
CY2013 pmt Transfer Of Mortgage Loans Under Forward Purchase Agreements To Reo Under Forward Purchase Agreements
TransferOfMortgageLoansUnderForwardPurchaseAgreementsToReoUnderForwardPurchaseAgreements
9451000
CY2013 pmt Percentage Of Ordinary Income
PercentageOfOrdinaryIncome
0.83 pure
CY2013 pmt Mortgage Servicing Rights Fair Value Option Threshold Loan Interest Rate
MortgageServicingRightsFairValueOptionThresholdLoanInterestRate
0.045 pure
CY2013 pmt Repurchases Of Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase
RepurchasesOfRealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase
28034000
CY2013 pmt Mortgage Loans Description
MortgageLoansDescription
Note rate pools of 50 basis points
CY2013 pmt Gains Losses Recognized Upon Sale Of Other Real Estate
GainsLossesRecognizedUponSaleOfOtherRealEstate
-10531000
CY2013 pmt Deferred Income Tax Expense Benefit Other
DeferredIncomeTaxExpenseBenefitOther
3461000
CY2013 pmt Payment To Acquire Mortgage Loan At Fair Value
PaymentToAcquireMortgageLoanAtFairValue
1063162000
CY2013 pmt Performance Fees Allocation Percentage To Partnership
PerformanceFeesAllocationPercentageToPartnership
0.20 pure
CY2013 pmt Purchase Of Real Estate Financed Through Forward Purchase Agreements
PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements
4000
CY2013 pmt Loan Originations Fees
LoanOriginationsFees
17765000
CY2013 pmt Percentage Of Taxable Income For Distribution
PercentageOfTaxableIncomeForDistribution
0.90 pure
CY2013 pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
1419000
CY2013 pmt Fulfillment Fees Interest Rate Effective Percentage Rate
FulfillmentFeesInterestRateEffectivePercentageRate
0.0050 pure
CY2013 pmt Servicing Fees Contractually Specified
ServicingFeesContractuallySpecified
54725000
CY2013 pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
185061000
CY2013 pmt Loans Delinquent Period
LoansDelinquentPeriod
90 or more days
CY2013 pmt Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries
FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries
443192000
CY2013 pmt Sales Of Loans Under Agreements To Repurchase
SalesOfLoansUnderAgreementsToRepurchase
1590950000
CY2013 pmt Interest Rate Lock Commitments Issued Net
InterestRateLockCommitmentsIssuedNet
83515000
CY2013 pmt Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Capitalization Of Interest
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisCapitalizationOfInterest
43481000
CY2013 pmt Share Based Compensation Cash And Noncash
ShareBasedCompensationCashAndNoncash
6763000
CY2013 pmt Related Party Incentive Fee Expense
RelatedPartyIncentiveFeeExpense
12766000
CY2013 pmt Interest Income On Mortgage Financings
InterestIncomeOnMortgageFinancings
75759000
CY2013 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Repurchased Mortgage Loans Repurchased By Correspondent Lenders
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfRepurchasedMortgageLoansRepurchasedByCorrespondentLenders
2673000
CY2013 pmt Amortized Cost Weighted Average Coupon Interest Rate
AmortizedCostWeightedAverageCouponInterestRate
0.0368 pure
CY2013 pmt Fair Value Weighted Average Coupon Interest Rate
FairValueWeightedAverageCouponInterestRate
0.0478 pure
CY2013 pmt Amortization Of Credit Facility Commitment Fees And Debt Issuance Costs
AmortizationOfCreditFacilityCommitmentFeesAndDebtIssuanceCosts
9081000
CY2013 pmt Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates
ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates
16113806000
CY2013 pmt Transfer Mortgage Loans Financed To Reo Financed
TransferMortgageLoansFinancedToReoFinanced
44395000
CY2013 pmt Proceeds From Asset Backed Secured Financing
ProceedsFromAssetBackedSecuredFinancing
170008000
CY2013 pmt Asset Backed Secured Financing Interest Expense
AssetBackedSecuredFinancingInterestExpense
1612000
CY2013 pmt Interest Income On Mortgage Loans At Fair Value Held By Variable Interest Entity
InterestIncomeOnMortgageLoansAtFairValueHeldByVariableInterestEntity
5516000
CY2013 pmt Gain Loss On Mortgage Loans Held By Variable Interest Entity
GainLossOnMortgageLoansHeldByVariableInterestEntity
-2391000
CY2013 pmt Gain Loss On Mortgage Loans Held By Variable Interest Entity Secured Financing Net
GainLossOnMortgageLoansHeldByVariableInterestEntitySecuredFinancingNet
-112000
CY2013 pmt Loans Fulfilled By Affiliate Unpaid Principal Balance
LoansFulfilledByAffiliateUnpaidPrincipalBalance
15225153000
CY2013 pmt Reimbursement Of Expenses To Affiliate
ReimbursementOfExpensesToAffiliate
4638000
CY2013 pmt Reimbursement Of Common Overhead Incurred By Affiliate
ReimbursementOfCommonOverheadIncurredByAffiliate
10989000
CY2013 pmt Gain Loss On Agency Debt Security
GainLossOnAgencyDebtSecurity
1725000
CY2013 pmt Gain Loss On Excess Servicing Spread
GainLossOnExcessServicingSpread
2423000
CY2013 pmt Capitalization Of Interest And Advances On Mortgage Loans At Fair Value
CapitalizationOfInterestAndAdvancesOnMortgageLoansAtFairValue
43481000
CY2013 pmt Payments To Purchase Agency Debt Securities
PaymentsToPurchaseAgencyDebtSecurities
12000000
CY2013 pmt Payments To Purchase Excess Servicing Spread
PaymentsToPurchaseExcessServicingSpread
139028000
CY2013 pmt Sales Of Loans Under Agreements To Repurchase Held By Variable Interest Entity
SalesOfLoansUnderAgreementsToRepurchaseHeldByVariableInterestEntity
876629000
CY2013 pmt Repurchase Of Loans At Fair Value And Held By Variable Interest Entity Sold Under Agreements To Repurchase
RepurchaseOfLoansAtFairValueAndHeldByVariableInterestEntitySoldUnderAgreementsToRepurchase
560886000
CY2013 pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
151535000
CY2013 pmt Net Results Of Real Estate Acquired In Settlement Of Loans
NetResultsOfRealEstateAcquiredInSettlementOfLoans
-13491000
CY2013 pmt Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion
GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion
-197580000
CY2013 pmt Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results
AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults
-60751000
CY2013 pmt Transfer Of Interest Rate Lock Commitments To Mortgage Loans Acquired For Sale
TransferOfInterestRateLockCommitmentsToMortgageLoansAcquiredForSale
75071000
CY2013 pmt Interest Income Excess Servicing Spread
InterestIncomeExcessServicingSpread
1091000
CY2013 pmt Accrual Of Interest On Excess Spread Investment
AccrualOfInterestOnExcessSpreadInvestment
1348000
CY2013 pmt Proceeds From Sales And Repayments Of Agency Debt
ProceedsFromSalesAndRepaymentsOfAgencyDebt
13725000
CY2013 pmt Repayments Of Mortgage Loans Held In Variable Interest Entity At Fair Value
RepaymentsOfMortgageLoansHeldInVariableInterestEntityAtFairValue
7356000
CY2013 pmt Repayments Of Excess Servicing Spread Investment
RepaymentsOfExcessServicingSpreadInvestment
4076000
CY2013 pmt Sales Of Loans Acquired For Sale Under Agreements To Repurchase
SalesOfLoansAcquiredForSaleUnderAgreementsToRepurchase
30462593000
CY2013 pmt Repurchases Of Loans Acquired For Sale Sold Under Agreements To Repurchase
RepurchasesOfLoansAcquiredForSaleSoldUnderAgreementsToRepurchase
30932829000
CY2013 pmt Repayments Of Asset Backed Financing
RepaymentsOfAssetBackedFinancing
2406000
CY2013 pmt Loan Servicing Fees Payable To Affiliate
LoanServicingFeesPayableToAffiliate
700000
CY2013 pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans Period End
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoansPeriodEnd
13343793000
CY2013 pmt Convertible Debt Weighted Average Interest Rates At Period End
ConvertibleDebtWeightedAverageInterestRatesAtPeriodEnd
0.0538 pure
CY2013 pmt Convertible Debt Average Balance During Period
ConvertibleDebtAverageBalanceDuringPeriod
168493000
CY2013 pmt Convertible Debt Maximum Daily Amount Outstanding
ConvertibleDebtMaximumDailyAmountOutstanding
250000000
CY2013 pmt Convertible Debt Interest Expense
ConvertibleDebtInterestExpense
9580000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
14514 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
350000 shares
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.14
CY2012 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.22
CY2012 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
19167000
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43876000 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
16.82
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.14
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.260 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
12.15
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.000 pure
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-820400000
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.000 pure
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
323000 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
18.91
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43553000 shares
CY2012 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-852000
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.044 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.134 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
161678 shares
CY2012 us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
22443136000
CY2012 us-gaap Revenues
Revenues
303526000
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
608184000
CY2012 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
4482000
CY2012 us-gaap Interest Paid
InterestPaid
31693000
CY2012 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1361000
CY2012 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
69649000
CY2012 us-gaap Other Income
OtherIncome
244000
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
206057000
CY2012 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
40799000
CY2012 us-gaap Gain Loss On Investments
GainLossOnInvestments
103649000
CY2012 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
2084000
CY2012 us-gaap Interest Income Operating
InterestIncomeOperating
72441000
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
52212000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
186822000
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12700000
CY2012 us-gaap Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
8617000
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
136816000
CY2012 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
28617000
CY2012 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
24943000
CY2012 us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
23000
CY2012 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-51500000
CY2012 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
8698000
CY2012 us-gaap Interest Income Domestic Deposits
InterestIncomeDomesticDeposits
42000
CY2012 us-gaap Interest And Fee Income Loans Held For Sale Mortgages
InterestAndFeeIncomeLoansHeldForSaleMortgages
19731000
CY2012 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
103037000
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
28631000
CY2012 us-gaap Interest Income Other
InterestIncomeOther
126000
CY2012 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
5068000
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-102936000
CY2012 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-24170000
CY2012 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
138249000
CY2012 us-gaap Real Estate Owned Valuation Allowance Provision
RealEstateOwnedValuationAllowanceProvision
16942000
CY2012 us-gaap Other Operating Income
OtherOperatingIncome
12157000
CY2012 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
612000
CY2012 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
2123000
CY2012 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
9969000
CY2012 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
85554000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
138249000
CY2012 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
502000
CY2012 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
142000
CY2012 us-gaap Servicing Fees Net
ServicingFeesNet
-754000
CY2012 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
147675000
CY2012 us-gaap Average Balance During Period Of Loans Securitized
AverageBalanceDuringPeriodOfLoansSecuritized
3667941000
CY2012 us-gaap Payments Of Dividends
PaymentsOfDividends
94821000
CY2012 us-gaap Servicing Asset At Amortized Cost Other Than Temporary Impairments
ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments
CY2012 us-gaap Affiliate Costs
AffiliateCosts
7329000
CY2012 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
50000
CY2012 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
1508000
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1686000
CY2012 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
5460000
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
32818000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-111442000
CY2012 us-gaap Interest Expense
InterestExpense
31642000
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8140000
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
65387000
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
31266000
CY2012 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsRecoveries
-7547000
CY2012 us-gaap Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
10871000
CY2012 us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
104000
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
542791000
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
10861000
CY2012 us-gaap Cash Flows Between Transferee And Transferor Proceeds From New Transfers
CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers
12834002000
CY2012 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
11730000
CY2012 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7144000
CY2012 us-gaap Interest Expense Other
InterestExpenseOther
1108000
CY2012 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
1361000
CY2012 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
608184000
CY2012 us-gaap Other Expenses
OtherExpenses
9557000
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
CY2012 us-gaap Dividends Common Stock
DividendsCommonStock
94821000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
951009000
CY2012 us-gaap Proceeds From Fees Received
ProceedsFromFeesReceived
2505000
CY2012 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
22754000
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
42127000
CY2012 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
CY2012 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
488000
CY2012 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
133159000
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
5067000
CY2012 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
35875000
CY2012 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
28025000
CY2012 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-144000
CY2012 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
12834001000
CY2012 us-gaap Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
7547000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
6446000
CY2012 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
1433000
CY2012 us-gaap Professional Fees
ProfessionalFees
6053000
CY2012 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
126499000
CY2012 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-708000
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
4760000
CY2012 us-gaap Operating Expenses
OperatingExpenses
116704000
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-11000
CY2012 us-gaap Management Fee Expense
ManagementFeeExpense
12436000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48573000
CY2012 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
18608000
CY2012 pmt Fair Value Of Mortgage Loan Purchased During Year
FairValueOfMortgageLoanPurchasedDuringYear
542766000
CY2012 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Amortization Of Debt Issuance Costs Excluded From Average Cost
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAmortizationOfDebtIssuanceCostsExcludedFromAverageCost
3300000
CY2012 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
4236000
CY2012 pmt Proceeds From Sale Of Other Real Estate Under Forward Purchase Agreements
ProceedsFromSaleOfOtherRealEstateUnderForwardPurchaseAgreements
9912000
CY2012 pmt Deferred Income Tax Expense Benefit Mortgage Servicing Rights
DeferredIncomeTaxExpenseBenefitMortgageServicingRights
-49420000
CY2012 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0231 pure
CY2012 pmt Mortgage Loan Hedging Activities Gain Loss
MortgageLoanHedgingActivitiesGainLoss
-57040000
CY2012 pmt Transfer To Mortgage Loans Acquired For Sale
TransferToMortgageLoansAcquiredForSale
18000
CY2012 pmt Change In Fair Value Of Commitments To Purchase Loans
ChangeInFairValueOfCommitmentsToPurchaseLoans
13707000
CY2012 pmt Percentage Of Amortized Cost
PercentageOfAmortizedCost
0.0026 pure
CY2012 pmt Change In Fair Value Hedging Instruments Still Held At Period End
ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd
2953000
CY2012 pmt Fair Value Option Non Credit Risk Gains Losses On Assets
FairValueOptionNonCreditRiskGainsLossesOnAssets
-78766000
CY2012 pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
134682000
CY2012 pmt Assets Gains Losses Recognized
AssetsGainsLossesRecognized
-19715000
CY2012 pmt Interest Income On Mortgage Loans Subject To Forward Purchase Agreements
InterestIncomeOnMortgageLoansSubjectToForwardPurchaseAgreements
996000
CY2012 pmt Proceeds From Sale Of Mortgage Backed Securities Mbs At Fair Value
ProceedsFromSaleOfMortgageBackedSecuritiesMbsAtFairValue
189167000
CY2012 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Average Balance
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseAverageBalance
412242000
CY2012 pmt Fair Value Of Reo Purchased During Year
FairValueOfReoPurchasedDuringYear
297000
CY2012 pmt Deferred Income Tax Expense Benefit Of Operating Loss Carryforward
DeferredIncomeTaxExpenseBenefitOfOperatingLossCarryforward
CY2012 pmt Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Ninety Days Or More
UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentNinetyDaysOrMore
1386000
CY2012 pmt Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
MortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0232 pure
CY2012 pmt Results Of Real Estate Acquired In Settlement Of Loans
ResultsOfRealEstateAcquiredInSettlementOfLoans
1368000
CY2012 pmt Repayment Of Borrowings Under Forward Purchase Agreement
RepaymentOfBorrowingsUnderForwardPurchaseAgreement
157166000
CY2012 pmt Fair Value Purchased Of Mortgage Loans For Investment Portfolio
FairValuePurchasedOfMortgageLoansForInvestmentPortfolio
543063000
CY2012 pmt Repayments Of Mortgage Loans Under Forward Purchase Agreement At Fair Value
RepaymentsOfMortgageLoansUnderForwardPurchaseAgreementAtFairValue
14292000
CY2012 pmt Mortgage Servicing Rights Fair Value Sales
MortgageServicingRightsFairValueSales
79000
CY2012 pmt Gains Losses On Sales Of Other Real Estate Under Forward Purchase Agreements
GainsLossesOnSalesOfOtherRealEstateUnderForwardPurchaseAgreements
1870000
CY2012 pmt Transfers From Reo Under Forward Purchases Agreements
TransfersFromReoUnderForwardPurchasesAgreements
21819000
CY2012 pmt Fair Value Of Mortgage Loans Purchased From Or Through One Or More Subsidiaries
FairValueOfMortgageLoansPurchasedFromOrThroughOneOrMoreSubsidiaries
504710000
CY2012 pmt Increase In Payables Under Repurchase Agreements
IncreaseInPayablesUnderRepurchaseAgreements
752343000
CY2012 pmt Transfers To Reo
TransfersToReo
21819000
CY2012 pmt Aggregate Non Cash Portion Of Gain On Mortgage Loans Acquired For Sale
AggregateNonCashPortionOfGainOnMortgageLoansAcquiredForSale
60351000
CY2012 pmt Real Estate Acquired In Satisfaction Of Debt Under Forward Purchase Agreements
RealEstateAcquiredInSatisfactionOfDebtUnderForwardPurchaseAgreements
6633000
CY2012 pmt Purchase Of Mortgage Loans Financed Through Forward Purchase Agreements
PurchaseOfMortgageLoansFinancedThroughForwardPurchaseAgreements
1070000
CY2012 pmt Gains Losses Recognized Upon Sale Of Other Real Estate Under Forward Purchase Agreement
GainsLossesRecognizedUponSaleOfOtherRealEstateUnderForwardPurchaseAgreement
2319000
CY2012 pmt Transfer From Mortgage Loans Acquired For Sale
TransferFromMortgageLoansAcquiredForSale
18000
CY2012 pmt Gains Losses Recognized Upon Sale Of Other Real Estate
GainsLossesRecognizedUponSaleOfOtherRealEstate
-16440000
CY2012 pmt Payment To Acquire Mortgage Loan At Fair Value
PaymentToAcquireMortgageLoanAtFairValue
541696000
CY2012 pmt Purchase Of Real Estate Financed Through Forward Purchase Agreements
PurchaseOfRealEstateFinancedThroughForwardPurchaseAgreements
249000
CY2012 pmt Loan Originations Fees
LoanOriginationsFees
10545000
CY2012 pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
20000
CY2012 pmt Mortgage Servicing Rights Rebate From Affiliate
MortgageServicingRightsRebateFromAffiliate
CY2012 pmt Securities Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
SecuritiesSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
160334000
CY2012 pmt Transfer Of Mortgage Loans To Reo
TransferOfMortgageLoansToReo
109440000
CY2012 pmt Purchases Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value
PurchasesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue
15000
CY2012 pmt Accrual Of Costs Related To Forward Purchase Agreement
AccrualOfCostsRelatedToForwardPurchaseAgreement
3421000
CY2012 pmt Note Payable Secured By Mortgage Loans At Fair Value Interest Expense
NotePayableSecuredByMortgageLoansAtFairValueInterestExpense
113000
CY2012 pmt Purchases Of Real Estate Acquired In Settlement Of Loans
PurchasesOfRealEstateAcquiredInSettlementOfLoans
48000
CY2012 pmt Real Estate Owned Under Forward Purchase Agreement Valuation Allowance Provision
RealEstateOwnedUnderForwardPurchaseAgreementValuationAllowanceProvision
449000
CY2012 pmt Mortgage Servicing Rights Fair Value Additions
MortgageServicingRightsFairValueAdditions
1528000
CY2012 pmt Effect Of Mortgage Servicing Rights On Loan Servicing Fees
EffectOfMortgageServicingRightsOnLoanServicingFees
11736000
CY2012 pmt Loan Fulfillment Fees Payable To Affiliate
LoanFulfillmentFeesPayableToAffiliate
62906000
CY2012 pmt Deferred Income Tax Expense Benefit Real Estate Valuation Loss
DeferredIncomeTaxExpenseBenefitRealEstateValuationLoss
5512000
CY2012 pmt Interest Expense On Mortgage Loans Subject To Forward Purchase Agreements
InterestExpenseOnMortgageLoansSubjectToForwardPurchaseAgreements
2396000
CY2012 pmt Repayments Of Mortgage Loans At Fair Value
RepaymentsOfMortgageLoansAtFairValue
169877000
CY2012 pmt Unpaid Balance Mortgage Loans Sold With Continuing Involvement Delinquent Thirty To Ninety Days
UnpaidBalanceMortgageLoansSoldWithContinuingInvolvementDelinquentThirtyToNinetyDays
45021000
CY2012 pmt Fair Value Of Reo Purchased From Or Through One Or More Subsidiaries
FairValueOfReoPurchasedFromOrThroughOneOrMoreSubsidiaries
48000
CY2012 pmt Sales Of Real Estate Acquired In Settlement Of Loans Under Forward Purchase Agreement
SalesOfRealEstateAcquiredInSettlementOfLoansUnderForwardPurchaseAgreement
9912000
CY2012 pmt Payments To Acquire Mortgage Backed Securities Mbs At Fair Value
PaymentsToAcquireMortgageBackedSecuritiesMbsAtFairValue
112211000
CY2012 pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0026 pure
CY2012 pmt Repurchase Of Loans At Fair Value Sold Under Agreements To Repurchase
RepurchaseOfLoansAtFairValueSoldUnderAgreementsToRepurchase
352975000
CY2012 pmt Change In Fair Value Relating To Mortgage Loans Still Held At Period End
ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd
43691000
CY2012 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0064 pure
CY2012 pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
161153000
CY2012 pmt Payments From Purchases Of Securities Sold Under Agreements To Repurchase
PaymentsFromPurchasesOfSecuritiesSoldUnderAgreementsToRepurchase
867836000
CY2012 pmt Interest Expense Mortgage Loans Acquired For Sale Sold Under Agreements To Repurchase
InterestExpenseMortgageLoansAcquiredForSaleSoldUnderAgreementsToRepurchase
12981000
CY2012 pmt Transfer Of Mortgage Loans Under Forward Purchase Agreements To Mortgage Loans At Fair Value
TransferOfMortgageLoansUnderForwardPurchaseAgreementsToMortgageLoansAtFairValue
117913000
CY2012 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0000 pure
CY2012 pmt Sales Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value
SalesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue
19000
CY2012 pmt Real Estate Owned Held For Sale Acquired In Business Combination
RealEstateOwnedHeldForSaleAcquiredInBusinessCombination
14773000
CY2012 pmt Percentage Of Return Of Capital
PercentageOfReturnOfCapital
0.17 pure
CY2012 pmt Real Estate Acquired Through Foreclosure Gains Losses Recognized
RealEstateAcquiredThroughForeclosureGainsLossesRecognized
12168000
CY2012 pmt Loan Servicing Fees On Mortgage Loans Subject To Forward Purchase Agreements
LoanServicingFeesOnMortgageLoansSubjectToForwardPurchaseAgreements
1011000
CY2012 pmt Sales Of Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase
SalesOfRealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase
10753000
CY2012 pmt Borrowings Under Forward Purchase Agreements Value Interest Expense
BorrowingsUnderForwardPurchaseAgreementsValueInterestExpense
2396000
CY2012 pmt Representations And Warranties Losses Incurred
RepresentationsAndWarrantiesLossesIncurred
CY2012 pmt Base Management Fee
BaseManagementFee
12436000
CY2012 pmt Transfer Of Mortgage Loans Under Forward Purchase Agreements To Reo Under Forward Purchase Agreements
TransferOfMortgageLoansUnderForwardPurchaseAgreementsToReoUnderForwardPurchaseAgreements
7473000
CY2012 pmt Percentage Of Ordinary Income
PercentageOfOrdinaryIncome
0.83 pure
CY2012 pmt Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Accrual Of Unearned Discounts Asset
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccrualOfUnearnedDiscountsAsset
363000
CY2012 pmt Deferred Income Tax Expense Benefit Other
DeferredIncomeTaxExpenseBenefitOther
1781000
CY2012 pmt Repurchases Of Real Estate Acquired In Settlement Of Loans Financed Under Agreements To Repurchase
RepurchasesOfRealEstateAcquiredInSettlementOfLoansFinancedUnderAgreementsToRepurchase
30855000
CY2012 pmt Securities Sold Under Agreements To Repurchase Average Balance
SecuritiesSoldUnderAgreementsToRepurchaseAverageBalance
74560000
CY2012 pmt Net Gain Loss On Mortgage Loans Under Forward Purchase Agreement
NetGainLossOnMortgageLoansUnderForwardPurchaseAgreement
9293000
CY2012 pmt Debt Instrument Amount Repurchased
DebtInstrumentAmountRepurchased
290000
CY2012 pmt Servicing Fees Contractually Specified
ServicingFeesContractuallySpecified
10982000
CY2012 pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
112642000
CY2012 pmt Fair Value Purchased Of Mortgage Loans Investment Portfolio Purchases From Or Through One Or More Subsidiaries
FairValuePurchasedOfMortgageLoansInvestmentPortfolioPurchasesFromOrThroughOneOrMoreSubsidiaries
504758000
CY2012 pmt Sales Of Loans Under Agreements To Repurchase
SalesOfLoansUnderAgreementsToRepurchase
431130000
CY2012 pmt Interest Rate Lock Commitments Issued Net
InterestRateLockCommitmentsIssuedNet
212555000
CY2012 pmt Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Capitalization Of Interest
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisCapitalizationOfInterest
19745000
CY2012 pmt Share Based Compensation Cash And Noncash
ShareBasedCompensationCashAndNoncash
6032000
CY2012 pmt Interest Income On Mortgage Financings
InterestIncomeOnMortgageFinancings
49462000
CY2012 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Repurchased Mortgage Loans Repurchased By Correspondent Lenders
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfRepurchasedMortgageLoansRepurchasedByCorrespondentLenders
225000
CY2012 pmt Amortized Cost Weighted Average Coupon Interest Rate
AmortizedCostWeightedAverageCouponInterestRate
0.0370 pure
CY2012 pmt Fair Value Weighted Average Coupon Interest Rate
FairValueWeightedAverageCouponInterestRate
0.0479 pure
CY2012 pmt Amortization Of Credit Facility Commitment Fees And Debt Issuance Costs
AmortizationOfCreditFacilityCommitmentFeesAndDebtIssuanceCosts
2952000
CY2012 pmt Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates
ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates
8864265000
CY2012 pmt Loans Fulfilled By Affiliate Unpaid Principal Balance
LoansFulfilledByAffiliateUnpaidPrincipalBalance
13028375000
CY2012 pmt Reimbursement Of Expenses To Affiliate
ReimbursementOfExpensesToAffiliate
3146000
CY2012 pmt Reimbursement Of Common Overhead Incurred By Affiliate
ReimbursementOfCommonOverheadIncurredByAffiliate
4183000
CY2012 pmt Capitalization Of Interest And Advances On Mortgage Loans At Fair Value
CapitalizationOfInterestAndAdvancesOnMortgageLoansAtFairValue
19745000
CY2012 pmt Proceeds From Repayment Of Us Treasury Security
ProceedsFromRepaymentOfUsTreasurySecurity
-50000000
CY2012 pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
93950000
CY2012 pmt Net Results Of Real Estate Acquired In Settlement Of Loans
NetResultsOfRealEstateAcquiredInSettlementOfLoans
1368000
CY2012 pmt Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion
GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion
13918000
CY2012 pmt Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results
AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults
-43122000
CY2012 pmt Transfer Of Interest Rate Lock Commitments To Mortgage Loans Acquired For Sale
TransferOfInterestRateLockCommitmentsToMortgageLoansAcquiredForSale
198848000
CY2012 pmt Sales Of Loans Acquired For Sale Under Agreements To Repurchase
SalesOfLoansAcquiredForSaleUnderAgreementsToRepurchase
20654543000
CY2012 pmt Repurchases Of Loans Acquired For Sale Sold Under Agreements To Repurchase
RepurchasesOfLoansAcquiredForSaleSoldUnderAgreementsToRepurchase
19972313000
CY2012 pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans Period End
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoansPeriodEnd
12254751000
CY2012 pmt Convertible Debt Weighted Average Interest Rates At Period End
ConvertibleDebtWeightedAverageInterestRatesAtPeriodEnd
pure
CY2012 pmt Convertible Debt Average Balance During Period
ConvertibleDebtAverageBalanceDuringPeriod
CY2012 pmt Convertible Debt Maximum Daily Amount Outstanding
ConvertibleDebtMaximumDailyAmountOutstanding
CY2012 pmt Convertible Debt Interest Expense
ConvertibleDebtInterestExpense
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.57
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.90
CY2013Q1 us-gaap Revenues
Revenues
107816000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
53296000
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.65
CY2012Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.55
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
CY2012Q1 us-gaap Revenues
Revenues
39975000
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
19058000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
CY2012Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.55
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
CY2012Q2 us-gaap Revenues
Revenues
57703000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
29569000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.86
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.57
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2013Q2 us-gaap Revenues
Revenues
115553000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
54497000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.55
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.81
CY2012Q3 us-gaap Revenues
Revenues
90914000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
40384000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.57
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2013Q3 us-gaap Revenues
Revenues
86062000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
39701000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2012Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.57
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2012Q4 us-gaap Revenues
Revenues
114934000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
49238000
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2013Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.16
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2013Q4 us-gaap Revenues
Revenues
96087000
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
52696000

Files In Submission

Name View Source Status
0001193125-14-077900-index-headers.html Edgar Link pending
0001193125-14-077900-index.html Edgar Link pending
0001193125-14-077900.txt Edgar Link pending
0001193125-14-077900-xbrl.zip Edgar Link pending
d641275d10k.htm Edgar Link pending
d641275dex10105.htm Edgar Link pending
d641275dex1031.htm Edgar Link pending
d641275dex1033.htm Edgar Link pending
d641275dex1048.htm Edgar Link pending
d641275dex1054.htm Edgar Link pending
d641275dex1056.htm Edgar Link pending
d641275dex1069.htm Edgar Link pending
d641275dex1071.htm Edgar Link pending
d641275dex1090.htm Edgar Link pending
d641275dex1095.htm Edgar Link pending
d641275dex1096.htm Edgar Link pending
d641275dex311.htm Edgar Link pending
d641275dex312.htm Edgar Link pending
d641275dex321.htm Edgar Link pending
d641275dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
pmt-20131231.xml Edgar Link completed
pmt-20131231.xsd Edgar Link pending
pmt-20131231_cal.xml Edgar Link unprocessable
pmt-20131231_def.xml Edgar Link unprocessable
pmt-20131231_lab.xml Edgar Link unprocessable
pmt-20131231_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R113.htm Edgar Link pending
R114.htm Edgar Link pending
R115.htm Edgar Link pending
R116.htm Edgar Link pending
R117.htm Edgar Link pending
R118.htm Edgar Link pending
R119.htm Edgar Link pending
R12.htm Edgar Link pending
R120.htm Edgar Link pending
R121.htm Edgar Link pending
R122.htm Edgar Link pending
R123.htm Edgar Link pending
R124.htm Edgar Link pending
R125.htm Edgar Link pending
R126.htm Edgar Link pending
R127.htm Edgar Link pending
R128.htm Edgar Link pending
R129.htm Edgar Link pending
R13.htm Edgar Link pending
R130.htm Edgar Link pending
R131.htm Edgar Link pending
R132.htm Edgar Link pending
R133.htm Edgar Link pending
R134.htm Edgar Link pending
R135.htm Edgar Link pending
R136.htm Edgar Link pending
R137.htm Edgar Link pending
R138.htm Edgar Link pending
R139.htm Edgar Link pending
R14.htm Edgar Link pending
R140.htm Edgar Link pending
R141.htm Edgar Link pending
R142.htm Edgar Link pending
R143.htm Edgar Link pending
R144.htm Edgar Link pending
R145.htm Edgar Link pending
R146.htm Edgar Link pending
R147.htm Edgar Link pending
R148.htm Edgar Link pending
R149.htm Edgar Link pending
R15.htm Edgar Link pending
R150.htm Edgar Link pending
R151.htm Edgar Link pending
R152.htm Edgar Link pending
R153.htm Edgar Link pending
R154.htm Edgar Link pending
R155.htm Edgar Link pending
R156.htm Edgar Link pending
R157.htm Edgar Link pending
R158.htm Edgar Link pending
R159.htm Edgar Link pending
R16.htm Edgar Link pending
R160.htm Edgar Link pending
R161.htm Edgar Link pending
R162.htm Edgar Link pending
R163.htm Edgar Link pending
R164.htm Edgar Link pending
R165.htm Edgar Link pending
R166.htm Edgar Link pending
R167.htm Edgar Link pending
R168.htm Edgar Link pending
R169.htm Edgar Link pending
R17.htm Edgar Link pending
R170.htm Edgar Link pending
R171.htm Edgar Link pending
R172.htm Edgar Link pending
R173.htm Edgar Link pending
R174.htm Edgar Link pending
R175.htm Edgar Link pending
R176.htm Edgar Link pending
R177.htm Edgar Link pending
R178.htm Edgar Link pending
R179.htm Edgar Link pending
R18.htm Edgar Link pending
R180.htm Edgar Link pending
R181.htm Edgar Link pending
R182.htm Edgar Link pending
R183.htm Edgar Link pending
R184.htm Edgar Link pending
R185.htm Edgar Link pending
R186.htm Edgar Link pending
R187.htm Edgar Link pending
R188.htm Edgar Link pending
R189.htm Edgar Link pending
R19.htm Edgar Link pending
R190.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending