2016 Q4 Form 10-Q Financial Statement

#000156459016027712 Filed on November 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q4
Revenue $68.93M $103.3M $50.57M
YoY Change 36.3% 13.83% -4.69%
Cost Of Revenue $92.60M $89.90M $72.30M
YoY Change 28.08% 23.49% 34.64%
Gross Profit $17.20M $53.80M $9.800M
YoY Change 75.51% -3.41% -53.99%
Gross Profit Margin 24.95% 52.07% 19.38%
Selling, General & Admin $3.400M $2.600M $3.700M
YoY Change -8.11% -21.21% 0.0%
% of Gross Profit 19.77% 4.83% 37.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $3.300M $58.31M $2.800M
YoY Change 17.86% 27.69% -69.89%
Operating Profit $13.90M -$4.512M $7.000M
YoY Change 98.57% -144.97% -41.67%
Interest Expense $40.33M
YoY Change 6.81%
% of Operating Profit
Other Income/Expense, Net $3.944M
YoY Change -27.95%
Pretax Income $13.90M $45.01M $6.900M
YoY Change 101.45% -0.21% -42.02%
Income Tax -$17.30M $9.606M -$8.800M
% Of Pretax Income -124.46% 21.34% -127.54%
Net Earnings $31.17M $35.41M $15.71M
YoY Change 98.45% -8.77% -40.75%
Net Earnings / Revenue 45.23% 34.27% 31.06%
Basic Earnings Per Share $0.46 $0.52 $0.21
Diluted Earnings Per Share $0.44 $0.49 $0.21
COMMON SHARES
Basic Shares Outstanding 66.70M 67.55M 73.77M shares
Diluted Shares Outstanding 76.33M

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.00M $139.0M $58.00M
YoY Change -41.38% 56.18% -23.68%
Cash & Equivalents $34.48M $58.11M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $118.0M $223.0M $155.0M
YoY Change -23.87% 25.28% -4.32%
LONG-TERM ASSETS
Property, Plant & Equipment $29.00M $26.00M $9.000M
YoY Change 222.22% 550.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $1.450B $0.00
YoY Change 89.3%
Other Assets
YoY Change
Total Long-Term Assets $6.240B $6.396B $5.672B
YoY Change 10.01% 18.13% 19.78%
TOTAL ASSETS
Total Short-Term Assets $118.0M $223.0M $155.0M
Total Long-Term Assets $6.240B $6.396B $5.672B
Total Assets $6.358B $6.619B $5.827B
YoY Change 9.11% 18.36% 18.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.00M $15.00M $19.00M
YoY Change -15.79% -11.76% -20.83%
Accrued Expenses $4.000M $2.000M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $3.934B $150.0M $150.0M
YoY Change 2522.67% 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.972B $277.0M $386.0M
YoY Change 929.02% -29.52% 414.67%
LONG-TERM LIABILITIES
Long-Term Debt $901.0M $915.0M $729.0M
YoY Change 23.59% 24.83% 69.53%
Other Long-Term Liabilities $25.00M $4.058B $3.152B
YoY Change -99.21% 40.66% 14.79%
Total Long-Term Liabilities $926.0M $4.973B $3.881B
YoY Change -76.14% 37.45% 22.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.972B $277.0M $386.0M
Total Long-Term Liabilities $926.0M $4.973B $3.881B
Total Liabilities $5.006B $5.264B $4.331B
YoY Change 15.6% 29.09% 30.48%
SHAREHOLDERS EQUITY
Retained Earnings -$26.72M $25.65M
YoY Change -204.17% -73.75%
Common Stock $1.378B $1.470B
YoY Change -6.3% -0.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.351B $1.355B $1.496B
YoY Change
Total Liabilities & Shareholders Equity $6.358B $6.619B $5.827B
YoY Change 9.11% 18.36% 18.98%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q4
OPERATING ACTIVITIES
Net Income $31.17M $35.41M $15.71M
YoY Change 98.45% -8.77% -40.75%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $170.2M -$613.3M -$337.0M
YoY Change -150.5% -154.07% -2036.78%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $25.80M -$147.0M $80.70M
YoY Change -68.03% 553.33% -128.79%
Cash From Investing Activities $25.80M -$147.0M $80.70M
YoY Change -68.03% 553.33% -128.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -300.4M 803.6M 225.0M
YoY Change -233.51% -170.68% -23.16%
NET CHANGE
Cash From Operating Activities 170.2M -613.3M -337.0M
Cash From Investing Activities 25.80M -147.0M 80.70M
Cash From Financing Activities -300.4M 803.6M 225.0M
Net Change In Cash -104.4M 43.30M -31.30M
YoY Change 233.55% -271.15% -204.68%
FREE CASH FLOW
Cash From Operating Activities $170.2M -$613.3M -$337.0M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 32&#8212;Recently Issued Accounting Pronouncements</p> <p style="margin-top:12pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">In May 2014, the FASB issued ASU 2014-09, <font style="font-style:italic;">Revenue from Contracts with Customers (Subtopic 606)</font> (&#8220;ASU 2014-09&#8221;), which supersedes the guidance in ASC 605, <font style="font-style:italic;">Revenue Recognition</font>. ASU 2014-09 clarifies the principles for recognizing revenue in order to improve comparability of revenue recognition practices across entities and industries with certain scope exceptions including financial instruments, leases, and guarantees. ASU 2014-09 provides guidance intended to assist in the identification of contracts with customers and separate performance obligations within those contracts, the determination and allocation of the transaction price to those identified performance obligations and the recognition of revenue when a performance obligation has been satisfied. ASU 2014-09 also requires disclosures regarding the nature, amount, timing, and uncertainty of revenues and cash flows from contracts with customers.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Upon adoption, ASU 2014-09 provides for transition through either a full retrospective approach requiring the restatement of all presented prior periods or a modified retrospective approach, which allows the new recognition standard to be applied to only those contracts that are not completed at the date of transition. If the modified retrospective approach is adopted, a cumulative-effect adjustment to retained earnings is performed with additional disclosures required including the amount by which each line item is affected by the transition as compared to the guidance in effect before adoption and an explanation of the reasons for significant changes in these amounts.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The FASB has issued several amendments to the new revenue standard ASU 2014-09, including:</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In May 2014, ASU 2015-14, <font style="font-style:italic;">Revenue From Contracts With Customers (&#8220;ASU 2015-14&#8221;)</font>. This update deferred the initial effective date of ASU 2014-09. As a result of the issuance of ASU 2015-14, ASU 2014-09 is effective for annual reporting periods beginning on or after December 15, 2017, and interim periods within those annual periods. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In March 2015, ASU 2016-08, <font style="font-style:italic;">Principal Versus Agent Considerations (Reporting Revenue Gross versus Net)</font>. The amendments to this update are intended to improve the implementation guidance on principal versus agent considerations in ASU 2014-09 by clarifying how an entity should identify the unit of accounting (i.e. the specified good or service) and how an entity should apply the control principle to certain types of arrangements.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In May 2016, ASU 2016-12, <font style="font-style:italic;">Narrow-Scope Improvements and Practical Expedients</font>. The amendments to this update clarify certain core recognition principles and provide practical expedients available at transition. The improvements address collectability, sales tax presentation, noncash consideration, contract modifications and completed contracts at transition.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is currently evaluating the pending adoption of ASU 2014-09 and its impact on its consolidated financial statements and has not yet identified which transition method will be applied upon adoption.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In February 2015, the FASB issued <font style="font-style:italic;">ASU 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis</font> (&#8220;ASU 2015-02&#8221;). ASU 2015-02 affects reporting entities that are required to evaluate whether they should consolidate certain legal entities. ASU 2015-02 modifies the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities, eliminates the presumption that a general partner should consolidate a limited partnership and affects the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships. ASU 2015-02 is effective for fiscal years, and for interim periods within those fiscal years, beginning after December&#160;15, 2015. The Company adopted ASU 2015-02 effective January&#160;1, 2016. The adoption of ASU 2015-02 had no effect on the Company&#8217;s consolidated financial statements.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In January&#160;2016, the FASB issued ASU 2016-01, <font style="font-style:italic;">Financial Instruments&#8211;Overall: Recognition and Measurement of Financial Assets and Financial Liabilities</font> (&#8220;ASU 2016-01&#8221;). ASU 2016-01 affects the accounting for equity investments, financial liabilities under the fair value option, the presentation and disclosure requirements for financial instruments, and the valuation allowance assessment when recognizing deferred tax assets resulting from unrealized losses on available-for-sale debt securities.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">ASU 2016-01 requires that:</p> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">All equity investments in unconsolidated entities (other than those accounted for using the equity method of accounting) with readily determinable fair values will generally be measured at fair value through earnings.</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">When the fair value option has been elected for financial liabilities, changes in fair value due to instrument-specific credit risk will be recognized separately in other comprehensive income. The accumulated gains and losses due to these changes will be reclassified from accumulated other comprehensive income to earnings if the financial liability is settled before maturity.</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For financial instruments measured at amortized cost, public business entities will be required to use the exit price when measuring the fair value of financial instruments for disclosure purposes.</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial assets and financial liabilities shall be presented separately in the notes to the financial statements, grouped by measurement category (e.g., fair value, amortized cost, lower of cost or fair value) and form of financial asset (e.g., loans, securities).</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Public business entities will no longer be required to disclose the methods and significant assumptions used to estimate the fair value of financial instruments carried at amortized cost.</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Entities will have to assess the realizability of a deferred tax asset related to a debt security classified as available for sale in combination with the entity&#8217;s other deferred tax assets.</p></td></tr></table></div> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The classification and measurement guidance will be effective for public business entities in fiscal years beginning after December&#160;15, 2017, including interim periods within those fiscal years. Early adoption of the provision to record fair value changes for financial liabilities under the fair value option resulting from instrument-specific credit risk in other comprehensive income is permitted and can be elected for all financial statements of fiscal years and interim periods that have not yet been issued or that have not yet been made available for issuance. The Company is currently assessing the potential effect that the adoption of ASU 2016-01 will have on its consolidated financial statements.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In March 2016, The FASB issued ASU 2016-09, <font style="font-style:italic;">Compensation&#8212;Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting</font> (&#8220;ASU 2016-09&#8221;). ASU 2016-09 simplifies several aspects of the accounting for share-based payment award transactions, including:</p> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Modifies the accounting for income taxes relating to share-based payments. All excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) will be recognized as income tax expense or benefit in the consolidated statement of income. The tax effects of exercised or vested awards will be treated as discrete items in the reporting period in which they occur. An entity will recognize excess tax benefits regardless of whether the benefit reduces taxes payable in the current period. Under current GAAP, excess tax benefits are recognized in additional paid-in capital; tax deficiencies are recognized either as an offset to accumulated excess tax benefits, if any, or in the consolidated statement of income in the period they reduce income taxes payable.</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Changes the classification of excess tax benefits on the consolidated statement of cash flows. In the consolidated statement of cash flows, excess tax benefits will be classified along with other income tax cash flows as an operating activity. Under current GAAP, excess tax benefits are separated from other income tax cash flows and classified as a financing activity.</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Changes the requirement to estimate the number of awards that are expected to vest. Under ASC 2016-09, an entity can make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest as presently required or account for forfeitures when they occur. Under current GAAP, accruals of compensation cost are based on the number of awards that are expected to vest.</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Changes the tax withholding requirements for share-based payment awards to qualify for equity accounting. The threshold to qualify for equity classification permits withholding up to the maximum statutory tax rates in the applicable jurisdictions. Under current GAAP, for an award to qualify for equity classification is that an entity cannot partially settle the award in cash in excess of the employer&#8217;s minimum statutory withholding requirements.</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Establishes GAAP for the classification of employee taxes paid when an employer withholds shares for tax withholding purposes. Cash paid by an employer when directly withholding shares for tax- withholding purposes should be classified as a financing activity. This guidance establishes GAAP related to the classification of withholding taxes in the statement of cash flows as there is no such guidance under current GAAP.</p></td></tr></table></div> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">ASU 2016-09 is effective for annual periods beginning after December&#160;15, 2016, and interim periods within those annual periods. Early adoption is permitted for any organization in any interim or annual period. The Company is currently assessing the potential effect that the adoption of ASU 2016-09 will have on its consolidated financial statements.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In August 2014, the FASB issued ASU 2014-15, <font style="font-style:italic;">Presentation of Financial Statements&#8212;Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&#8217;s Ability to Continue as a Going Concern</font> (&#8220;ASU 2014-15&#8221;). ASU 2014-15 is intended to define management&#8217;s responsibility to evaluate whether there is substantial doubt about an organization&#8217;s ability to continue as a going concern and to provide related footnote disclosures.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Under GAAP, financial statements are prepared under the presumption that the reporting organization will continue to operate as a going concern, except in limited circumstances. Financial reporting under this presumption is commonly referred to as the going concern basis of accounting. The going concern basis of accounting establishes the fundamental basis for measuring and classifying assets and liabilities.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">ASU 2014-15 extends the responsibility for performing the going-concern assessment to management and contains guidance on (1) how to perform a going-concern assessment and (2) when going-concern disclosures are required under GAAP. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Under ASU 2014-15, an entity would be required to evaluate its status as a going concern as part of its periodic financial statement preparation process and would be required to disclose information about its potential inability to continue as a going concern when &#8220;substantial doubt&#8221; about its ability to continue as a going concern for the period of one year from the earlier of the date its financial statements are issued or are ready to be issued.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">If management concludes that there is &#8220;substantial doubt about the entity&#8217;s ability to continue as a going concern,&#8221; it must disclose the principal conditions or events causing substantial doubt to be raised, management&#8217;s evaluation of the conditions and management&#8217;s plans. If substantial doubt is not alleviated as a result of management&#8217;s plans, the entity is required to include a statement that there is &#8220;substantial doubt about the entity&#8217;s ability to continue as a going concern.&#8221; ASU 2014-15 also requires an entity to disclose how the substantial doubt was resolved in the period that substantial doubt no longer exists.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">ASU 2014-15 is effective for the annual period ending December 31, 2016. The requirements of ASU 2014-15 are not expected to have an effect on the financial statements of the Company upon adoption.</p></div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="margin-top:12pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Due to the nature of the Company&#8217;s investments, PMT is exposed, to a greater extent than traditional mortgage investors, to the risks associated with loan resolution, including that borrowers may be in economic distress and/or may have become unemployed, bankrupt or otherwise unable or unwilling to make payments when due, and that fluctuations in the residential real estate market may affect the performance of its investments. Factors influencing these risks include, but are not limited to:</p> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">changes in the overall economy, unemployment rates and residential real estate values in the markets where the properties securing the Company&#8217;s mortgage loans are located;</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">PCM&#8217;s ability to identify and PLS&#8217; ability to execute optimal resolutions of certain mortgage loans;</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">the accuracy of valuation information obtained during the Company&#8217;s due diligence activities;</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">PCM&#8217;s ability to effectively model, and to develop appropriate model inputs that properly anticipate, future outcomes;</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">the level of government support for resolution of certain mortgage loans and the effect of current and future proposed and enacted legislative and regulatory changes on the Company&#8217;s ability to effect cures or resolutions to distressed mortgage loans; and</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">regulatory, judicial and legislative support of the foreclosure process, and the resulting effect on the Company&#8217;s ability to acquire and liquidate the real estate securing its portfolio of distressed mortgage loans in a timely manner or at all.</p></td></tr></table></div> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Due to these uncertainties, there can be no assurance that risk management activities identified and executed on PMT&#8217;s behalf will prevent significant losses arising from the Company&#8217;s investments in real estate-related assets.</p></div>
us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div> <p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Following is a summary of maturities of outstanding assets sold under agreements to repurchase by facility maturity date:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:60%;"> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:71%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Remaining Maturity at September 30, 2016</font></p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.36%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.62%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Contractual balance</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.62%; border-top:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in thousands)</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Within 30 days</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">453,172</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Over 30 to 90 days</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,675,330</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Over 90 days to 180 days</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">657,097</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Over 180 days to 1 year</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,028,229</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:71%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Over 1 year to 2 years</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.36%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">228,322</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:71%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.36%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4,042,150</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:71%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Weighted average maturity (in months)</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.36%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:24.62%; border-top:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4.3</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
pmt Reit Qualification Threshold Percentage Of Taxable Income For Distribution
ReitQualificationThresholdPercentageOfTaxableIncomeForDistribution
0.90
CY2016Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
341000
CY2015Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
361000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1026000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1352000
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35067000
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
38451000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
43611000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
73039000
CY2016Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
35067000
CY2015Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
38451000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
43611000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
73039000
CY2016Q3 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
-533775000
CY2016Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
2181000
CY2015Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
2123000
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
6364000
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
37248000
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
40574000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
43611000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
79403000
CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
308000
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
316000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
397000
CY2016Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8467000
CY2015Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8414000
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8414000
CY2016Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
62422000
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
13385000
CY2016Q3 pmt Derivative Asset Netting
DerivativeAssetNetting
17648000
CY2015Q4 pmt Derivative Asset Netting
DerivativeAssetNetting
3300000
CY2016Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
0
CY2016Q3 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
0
CY2016Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
44774000
CY2015Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
0
CY2015Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
0
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
10085000
CY2016Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
4062522000
CY2016Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
19817000
CY2016Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
4042705000
CY2015Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
3135915000
CY2015Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
3978000
CY2015Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
3131937000
CY2016Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
4041085000
CY2016Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
0
CY2016Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
1620000
CY2015Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
3128780000
CY2015Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
0
CY2015Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
3157000
CY2016Q3 us-gaap Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
2490892000
CY2015Q4 us-gaap Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
3292043000
CY2016Q3 pmt Fair Value Option Loans Held As Assets Aggregate Fair Value
FairValueOptionLoansHeldAsAssetsAggregateFairValue
1957117000
CY2015Q4 pmt Fair Value Option Loans Held As Assets Aggregate Fair Value
FairValueOptionLoansHeldAsAssetsAggregateFairValue
2555788000
pmt Mortgage Loans Description
MortgageLoansDescription
Note interest rate pools of 50 basis points
pmt Basis Point For Mortgage Loan
BasisPointForMortgageLoan
0.0050
CY2016Q3 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
239500000
CY2015Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
230000000
CY2015Q3 pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
5674000
CY2016Q3 pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0025
CY2015Q3 pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0025
CY2016Q3 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
76567000
CY2015Q3 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
47140000
CY2016Q3 pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans
6532562000
CY2015Q3 pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans
3512016000
CY2016Q3 pmt Percentage Of Amortized Cost
PercentageOfAmortizedCost
0.0025
CY2015Q3 pmt Percentage Of Amortized Cost
PercentageOfAmortizedCost
0.0025
us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
167691000
us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
103281000
pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans
14139102000
pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans
9140782000
pmt Percentage Of Amortized Cost
PercentageOfAmortizedCost
0.0025
pmt Percentage Of Amortized Cost
PercentageOfAmortizedCost
0.0025
pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
9169000
pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
647976000
pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
978951000
pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0026
pmt Services Fee Annual Rate
ServicesFeeAnnualRate
0.0025
CY2016Q3 pmt Fair Value Unpaid Principal Of Underlying Loans Balance
FairValueUnpaidPrincipalOfUnderlyingLoansBalance
6097652000
CY2015Q4 pmt Fair Value Unpaid Principal Of Underlying Loans Balance
FairValueUnpaidPrincipalOfUnderlyingLoansBalance
6458684000
CY2016Q3 pmt Annual Service Fee Rate
AnnualServiceFeeRate
0.0025
CY2015Q4 pmt Annual Service Fee Rate
AnnualServiceFeeRate
0.0025
pmt Fair Value Weighted Average Coupon Interest Rate
FairValueWeightedAverageCouponInterestRate
0.047
CY2015 pmt Fair Value Weighted Average Coupon Interest Rate
FairValueWeightedAverageCouponInterestRate
0.047
CY2016Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
468686000
CY2015Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
393157000
pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans Period End
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoansPeriodEnd
44810667000
CY2015 pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans Period End
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoansPeriodEnd
35841654000
pmt Weighted Average Servicing Fee Rate Amortized Cost
WeightedAverageServicingFeeRateAmortizedCost
0.0025
CY2015 pmt Weighted Average Servicing Fee Rate Amortized Cost
WeightedAverageServicingFeeRateAmortizedCost
0.0026
pmt Amortized Cost Weighted Average Coupon Interest Rate
AmortizedCostWeightedAverageCouponInterestRate
0.038
CY2015 pmt Amortized Cost Weighted Average Coupon Interest Rate
AmortizedCostWeightedAverageCouponInterestRate
0.039
CY2016Q3 pmt Pledged Financial Instruments Not Separately Reported And Assets Separately Reported On Statement At Fair Value
PledgedFinancialInstrumentsNotSeparatelyReportedAndAssetsSeparatelyReportedOnStatementAtFairValue
2018292000
CY2015Q4 pmt Pledged Financial Instruments Not Separately Reported And Assets Separately Reported On Statement At Fair Value
PledgedFinancialInstrumentsNotSeparatelyReportedAndAssetsSeparatelyReportedOnStatementAtFairValue
1268455000
pmt Sourcing Fee On Average Days Held Mortgage Loans
SourcingFeeOnAverageDaysHeldMortgageLoans
0.00005
CY2016Q3 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
17648000
CY2015Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
3300000
CY2016Q3 pmt Margin Deposit Assets Liabilities
MarginDepositAssetsLiabilities
2169000
CY2016Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
21437000
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
7135000
CY2016Q3 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
19817000
CY2015Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
3978000
CY2016Q3 pmt Mortgage Loans On Real Estate Unpaid Balance
MortgageLoansOnRealEstateUnpaidBalance
2490892000
CY2015Q4 pmt Mortgage Loans On Real Estate Unpaid Balance
MortgageLoansOnRealEstateUnpaidBalance
3292043000
CY2016Q3 pmt Mortgage Loans At Fair Value Held By Variable Interest Entity And Federal Home Loan Bank Advances
MortgageLoansAtFairValueHeldByVariableInterestEntityAndFederalHomeLoanBankAdvances
397740000
CY2015Q4 pmt Mortgage Loans At Fair Value Held By Variable Interest Entity And Federal Home Loan Bank Advances
MortgageLoansAtFairValueHeldByVariableInterestEntityAndFederalHomeLoanBankAdvances
455394000
CY2016Q3 pmt Percentage Of Mortgage Loan Portfolio
PercentageOfMortgageLoanPortfolio
0.71
CY2015Q4 pmt Percentage Of Mortgage Loan Portfolio
PercentageOfMortgageLoanPortfolio
0.72
CY2016Q3 pmt Percentage Of Fair Value Mortgage Loan Portfolio
PercentageOfFairValueMortgageLoanPortfolio
0.41
CY2015Q4 pmt Percentage Of Fair Value Mortgage Loan Portfolio
PercentageOfFairValueMortgageLoanPortfolio
0.48
CY2016Q3 pmt Ratio Of Loans With Unpaid Principal Balance To Current Property Value
RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue
1.00
CY2015Q4 pmt Ratio Of Loans With Unpaid Principal Balance To Current Property Value
RatioOfLoansWithUnpaidPrincipalBalanceToCurrentPropertyValue
1.00
CY2016Q3 pmt Percentage Of Estimated Fair Value Of Mortgage Loans Originated
PercentageOfEstimatedFairValueOfMortgageLoansOriginated
0.05
CY2015Q4 pmt Percentage Of Estimated Fair Value Of Mortgage Loans Originated
PercentageOfEstimatedFairValueOfMortgageLoansOriginated
0.05
CY2016Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
299458000
CY2015Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
324278000
CY2014Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
303228000
CY2016Q3 pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
42300000
CY2015Q3 pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
82405000
pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
156352000
pmt Real Estate Acquired In Satisfaction Of Debt
RealEstateAcquiredInSatisfactionOfDebt
240483000
CY2016Q3 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
5282000
CY2015Q3 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
2212000
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
17548000
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
3505000
CY2016Q3 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
7888000
CY2015Q3 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
8734000
us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
25816000
us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
26740000
CY2016Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-4603000
CY2015Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-4513000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-13930000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-14881000
CY2016Q3 pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
3285000
CY2015Q3 pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
4221000
pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
11886000
pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
11859000
CY2016Q3 us-gaap Sales Of Real Estate
SalesOfRealEstate
44843000
CY2015Q3 us-gaap Sales Of Real Estate
SalesOfRealEstate
46687000
us-gaap Sales Of Real Estate
SalesOfRealEstate
180416000
us-gaap Sales Of Real Estate
SalesOfRealEstate
174784000
CY2015Q3 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
353563000
CY2016Q3 pmt Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings
RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings
56037000
CY2015Q3 pmt Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings
RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings
280045000
CY2016Q3 pmt Real Estate Owned Held In Subsidiary For Financing Purposes
RealEstateOwnedHeldInSubsidiaryForFinancingPurposes
165116000
CY2016Q3 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
221153000
CY2015Q3 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
280045000
CY2016Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
57977000
CY2015Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
57343000
CY2014Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
57358000
CY2016Q3 pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
0
CY2015Q3 pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
0
pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
2602000
pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
0
pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
6215000
CY2016Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-883000
CY2015Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-3418000
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-12343000
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-3525000
CY2016Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-2319000
CY2015Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-1848000
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-7215000
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-5251000
CY2016Q3 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-3202000
CY2015Q3 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-5266000
us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-19558000
us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-8776000
CY2016Q3 pmt Fair Value Of Mortgage Servicing Rights Pledged To Secure Note Payable
FairValueOfMortgageServicingRightsPledgedToSecureNotePayable
55843000
CY2015Q3 pmt Fair Value Of Mortgage Servicing Rights Pledged To Secure Note Payable
FairValueOfMortgageServicingRightsPledgedToSecureNotePayable
57751000
CY2016Q2 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
465301000
CY2015Q2 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
344405000
CY2015Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
404101000
CY2014Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
308137000
CY2016Q3 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
17902000
CY2015Q3 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
11333000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
47720000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
30913000
CY2016Q3 pmt Sales Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value
SalesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue
0
CY2015Q3 pmt Sales Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value
SalesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue
12000
pmt Sales Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value
SalesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue
106000
pmt Sales Of Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value
SalesOfMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValue
305000
CY2016Q3 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
523966000
CY2015Q3 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
380200000
CY2016Q2 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
51820000
CY2015Q2 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
7011000
CY2015Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
10944000
CY2014Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
7714000
CY2016Q3 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
3460000
CY2015Q3 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
7845000
us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
44336000
us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
7142000
CY2016Q3 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
55280000
CY2015Q3 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
14856000
CY2015Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
365344000
CY2016Q2 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
417094000
CY2015Q2 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
362908000
CY2015Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
424154000
CY2014Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
322230000
CY2016Q3 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
472790000
CY2015Q3 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
386539000
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
71532000
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
62271000
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
54538000
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
47902000
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
42070000
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
245653000
CY2016Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
523966000
CY2016Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
32724000
CY2015Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
24394000
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
90494000
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
70471000
CY2016Q3 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
148000
CY2015Q3 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
218000
us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
421000
us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
218000
CY2016Q3 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
1432000
CY2015Q3 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
888000
us-gaap Fees And Commissions Other
FeesAndCommissionsOther
3839000
us-gaap Fees And Commissions Other
FeesAndCommissionsOther
3327000
CY2016Q3 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
34304000
CY2015Q3 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
25500000
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
94754000
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
74016000
CY2016Q3 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0226
CY2015Q3 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0230
pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0219
pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0227
CY2016Q3 pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
3538720000
CY2015Q3 pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
3252341000
CY2016Q3 us-gaap Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
23751000
CY2015Q3 us-gaap Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
21350000
us-gaap Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
66217000
us-gaap Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
60470000
CY2016Q3 pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
4824044000
CY2015Q3 pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
4160814000
pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
5221997000
pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
4612001000
CY2016Q3 pmt Assets Sold Under Agreements To Repurchase
AssetsSoldUnderAgreementsToRepurchase
4042150000
CY2015Q4 pmt Assets Sold Under Agreements To Repurchase
AssetsSoldUnderAgreementsToRepurchase
3130328000
pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0227
CY2015 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0233
pmt Assets Sold Under Agreements Available Borrowing Capacity Committed
AssetsSoldUnderAgreementsAvailableBorrowingCapacityCommitted
150469000
CY2015 pmt Assets Sold Under Agreements Available Borrowing Capacity Committed
AssetsSoldUnderAgreementsAvailableBorrowingCapacityCommitted
231913000
pmt Securities Sold Under Agreements Available Borrowing Capacity Uncommitted
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted
860382000
CY2015 pmt Securities Sold Under Agreements Available Borrowing Capacity Uncommitted
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted
661756000
pmt Securities Sold Under Agreements Available Borrowing Capacity
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity
1010851000
CY2015 pmt Securities Sold Under Agreements Available Borrowing Capacity
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity
893669000
CY2016Q3 us-gaap Good Faith And Margin Deposits With Broker Dealers
GoodFaithAndMarginDepositsWithBrokerDealers
13443000
CY2015Q4 us-gaap Good Faith And Margin Deposits With Broker Dealers
GoodFaithAndMarginDepositsWithBrokerDealers
7268000
CY2016Q3 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
4042150000
pmt Repurchase Agreements Weighted Average Maturity Period
RepurchaseAgreementsWeightedAverageMaturityPeriod
P4M9D
CY2016Q3 us-gaap Repurchase Agreement Counterparty Amount At Risk
RepurchaseAgreementCounterpartyAmountAtRisk
11223000
pmt Securities Sold Under Agreements To Repurchase Maturity Date
SecuritiesSoldUnderAgreementsToRepurchaseMaturityDate
2016-12-02
pmt Mortgage Loans At Fair Value Sold Under Agreements Maturity
MortgageLoansAtFairValueSoldUnderAgreementsMaturity
2016-12-02
CY2015Q3 pmt Federal Home Loan Bank Advances Weighted Average Interest Rate During Period
FederalHomeLoanBankAdvancesWeightedAverageInterestRateDuringPeriod
0.0027
pmt Federal Home Loan Bank Advances Weighted Average Interest Rate During Period
FederalHomeLoanBankAdvancesWeightedAverageInterestRateDuringPeriod
0.0049
pmt Federal Home Loan Bank Advances Weighted Average Interest Rate During Period
FederalHomeLoanBankAdvancesWeightedAverageInterestRateDuringPeriod
0.0027
CY2015Q3 us-gaap Federal Home Loan Bank Advances Activity For Year Average Balance Of Agreements Outstanding
FederalHomeLoanBankAdvancesActivityForYearAverageBalanceOfAgreementsOutstanding
170902000
us-gaap Federal Home Loan Bank Advances Activity For Year Average Balance Of Agreements Outstanding
FederalHomeLoanBankAdvancesActivityForYearAverageBalanceOfAgreementsOutstanding
32560000
us-gaap Federal Home Loan Bank Advances Activity For Year Average Balance Of Agreements Outstanding
FederalHomeLoanBankAdvancesActivityForYearAverageBalanceOfAgreementsOutstanding
58100000
CY2015Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
117000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
122000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
119000
CY2015Q3 pmt Federal Home Loan Bank Advances Activity For Year Maximum Daily Amount Outstanding
FederalHomeLoanBankAdvancesActivityForYearMaximumDailyAmountOutstanding
188834000
CY2016Q3 pmt Federal Home Loan Bank Advances Activity For Year Maximum Daily Amount Outstanding
FederalHomeLoanBankAdvancesActivityForYearMaximumDailyAmountOutstanding
201130000
CY2015 pmt Federal Home Loan Bank Advances Weighted Average Interest Rate During Period
FederalHomeLoanBankAdvancesWeightedAverageInterestRateDuringPeriod
0.0030
CY2015Q4 us-gaap Pledged Assets Separately Reported Securities Pledged For Federal Home Loan Bank At Fair Value
PledgedAssetsSeparatelyReportedSecuritiesPledgedForFederalHomeLoanBankAtFairValue
8720000
CY2015Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
63993000
CY2015Q4 us-gaap Pledged Assets Separately Reported Loans Pledged For Federal Home Loan Bank At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedForFederalHomeLoanBankAtFairValue
134172000
CY2016Q3 pmt Note Payable Weighted Average Interest Rate During Period
NotePayableWeightedAverageInterestRateDuringPeriod
0.0476
CY2015Q3 pmt Note Payable Weighted Average Interest Rate During Period
NotePayableWeightedAverageInterestRateDuringPeriod
0.0425
pmt Note Payable Weighted Average Interest Rate During Period
NotePayableWeightedAverageInterestRateDuringPeriod
0.0468
pmt Note Payable Weighted Average Interest Rate During Period
NotePayableWeightedAverageInterestRateDuringPeriod
0.0424
CY2016Q3 pmt Note Payable Average Balance During Period
NotePayableAverageBalanceDuringPeriod
170907000
CY2015Q3 pmt Note Payable Average Balance During Period
NotePayableAverageBalanceDuringPeriod
195030000
pmt Note Payable Average Balance During Period
NotePayableAverageBalanceDuringPeriod
190878000
pmt Note Payable Average Balance During Period
NotePayableAverageBalanceDuringPeriod
85907000
CY2016Q3 pmt Note Payable Interest Expense During Period
NotePayableInterestExpenseDuringPeriod
2883000
pmt Note Payable Interest Expense During Period
NotePayableInterestExpenseDuringPeriod
9217000
CY2015Q3 pmt Note Payable Interest Expense During Period
NotePayableInterestExpenseDuringPeriod
2375000
CY2016Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
687144000
pmt Note Payable Interest Expense During Period
NotePayableInterestExpenseDuringPeriod
3369000
CY2016Q3 pmt Note Payable Maximum Daily Amount Outstanding
NotePayableMaximumDailyAmountOutstanding
196317000
CY2015Q3 pmt Note Payable Maximum Daily Amount Outstanding
NotePayableMaximumDailyAmountOutstanding
198191000
pmt Note Payable Maximum Daily Amount Outstanding
NotePayableMaximumDailyAmountOutstanding
234476000
pmt Note Payable Maximum Daily Amount Outstanding
NotePayableMaximumDailyAmountOutstanding
198191000
CY2016Q3 pmt Notes Payable Gross
NotesPayableGross
196144000
CY2015Q4 pmt Notes Payable Gross
NotesPayableGross
236107000
CY2016Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
12000
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
92000
pmt Note Payable Weighted Average Interest Rate
NotePayableWeightedAverageInterestRate
0.0444
CY2015 pmt Note Payable Weighted Average Interest Rate
NotePayableWeightedAverageInterestRate
0.0453
CY2016Q3 pmt Mortgage Servicing Rights Secured Notes Payable
MortgageServicingRightsSecuredNotesPayable
524529000
CY2015Q4 pmt Mortgage Servicing Rights Secured Notes Payable
MortgageServicingRightsSecuredNotesPayable
459741000
CY2016Q3 pmt Convertible Debt Average Balance During Period
ConvertibleDebtAverageBalanceDuringPeriod
250000000
CY2015Q3 pmt Convertible Debt Average Balance During Period
ConvertibleDebtAverageBalanceDuringPeriod
250000000
pmt Convertible Debt Average Balance During Period
ConvertibleDebtAverageBalanceDuringPeriod
250000000
pmt Convertible Debt Average Balance During Period
ConvertibleDebtAverageBalanceDuringPeriod
250000000
CY2016Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
250000000
CY2015Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
250000000
CY2016Q2 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
19258000
CY2015Q2 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
16714000
CY2014Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
14242000
CY2016Q3 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
781000
CY2015Q3 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
1833000
pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
2002000
pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
4177000
CY2016Q3 pmt Reduction In Liability Due To Change In Estimate
ReductionInLiabilityDueToChangeInEstimate
5098000
CY2015Q3 pmt Reduction In Liability Due To Change In Estimate
ReductionInLiabilityDueToChangeInEstimate
0
pmt Reduction In Liability Due To Change In Estimate
ReductionInLiabilityDueToChangeInEstimate
6822000
pmt Reduction In Liability Due To Change In Estimate
ReductionInLiabilityDueToChangeInEstimate
0
CY2016Q3 pmt Representations And Warranties Losses Incurred
RepresentationsAndWarrantiesLossesIncurred
14000
CY2015Q3 pmt Representations And Warranties Losses Incurred
RepresentationsAndWarrantiesLossesIncurred
74000
pmt Representations And Warranties Losses Incurred
RepresentationsAndWarrantiesLossesIncurred
424000
pmt Representations And Warranties Losses Incurred
RepresentationsAndWarrantiesLossesIncurred
176000
CY2016Q3 pmt Representations And Warranties Recovery
RepresentationsAndWarrantiesRecovery
0
CY2015Q3 pmt Representations And Warranties Recovery
RepresentationsAndWarrantiesRecovery
0
pmt Representations And Warranties Recovery
RepresentationsAndWarrantiesRecovery
0
pmt Representations And Warranties Recovery
RepresentationsAndWarrantiesRecovery
230000
CY2016Q3 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
50167783000
CY2015Q3 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
39730788000
CY2016Q3 pmt Mortgage Loans Acquired For Sale Outstanding Contractual Purchase Commitments
MortgageLoansAcquiredForSaleOutstandingContractualPurchaseCommitments
2431253000
CY2016Q3 pmt Deposits Securing Credit Risk Transfer Agreements Outstanding Contractual Fund Commitments
DepositsSecuringCreditRiskTransferAgreementsOutstandingContractualFundCommitments
35106000
CY2015Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1019487000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
7029048000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1019487000
CY2016Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
10595000
CY2015Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
15955000
CY2016Q3 pmt Stock Repurchase Program Cumulative Number Of Shares Repurchased
StockRepurchaseProgramCumulativeNumberOfSharesRepurchased
8073535000
CY2016Q3 pmt Stock Repurchase Program Cost Of Cumulative Shares Repurchased
StockRepurchaseProgramCostOfCumulativeSharesRepurchased
109767000
CY2016Q3 pmt Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion
GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion
-25102000
CY2015Q3 pmt Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion
GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion
4579000
pmt Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion
GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion
-46582000
pmt Gain Loss On Sale Of Mortgage Loans Acquired For Sale Cash Portion
GainLossOnSaleOfMortgageLoansAcquiredForSaleCashPortion
-54183000
CY2016Q3 pmt Mortgage Loan Hedging Activities Cash Gain Loss
MortgageLoanHedgingActivitiesCashGainLoss
-17378000
CY2015Q3 pmt Mortgage Loan Hedging Activities Cash Gain Loss
MortgageLoanHedgingActivitiesCashGainLoss
-33268000
pmt Mortgage Loan Hedging Activities Cash Gain Loss
MortgageLoanHedgingActivitiesCashGainLoss
-79072000
pmt Mortgage Loan Hedging Activities Cash Gain Loss
MortgageLoanHedgingActivitiesCashGainLoss
-27082000
CY2016Q3 pmt Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results
AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults
-42480000
CY2015Q3 pmt Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results
AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults
-28689000
pmt Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results
AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults
-125654000
pmt Aggregate Cash Gain Loss On Sale Of Mortgage Loans Acquired For Sale Net Of Cash Hedging Results
AggregateCashGainLossOnSaleOfMortgageLoansAcquiredForSaleNetOfCashHedgingResults
-81265000
CY2016Q3 pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
77635000
CY2015Q3 pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
52814000
pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
173906000
pmt Receipt Of Mortgage Servicing Rights As Proceeds From Sales Of Loans
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
112450000
CY2016Q3 pmt Change In Fair Value Of Commitments To Purchase Loans
ChangeInFairValueOfCommitmentsToPurchaseLoans
-1429000
CY2015Q3 pmt Change In Fair Value Of Commitments To Purchase Loans
ChangeInFairValueOfCommitmentsToPurchaseLoans
9073000
pmt Change In Fair Value Of Commitments To Purchase Loans
ChangeInFairValueOfCommitmentsToPurchaseLoans
10681000
pmt Change In Fair Value Of Commitments To Purchase Loans
ChangeInFairValueOfCommitmentsToPurchaseLoans
3146000
CY2016Q3 pmt Change In Fair Value Relating To Mortgage Loans Still Held At Period End
ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd
5228000
CY2015Q3 pmt Change In Fair Value Relating To Mortgage Loans Still Held At Period End
ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd
-17097000
pmt Change In Fair Value Relating To Mortgage Loans Still Held At Period End
ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd
16980000
pmt Change In Fair Value Relating To Mortgage Loans Still Held At Period End
ChangeInFairValueRelatingToMortgageLoansStillHeldAtPeriodEnd
1181000
CY2016Q3 pmt Change In Fair Value Hedging Instruments Still Held At Period End
ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd
587000
CY2015Q3 pmt Change In Fair Value Hedging Instruments Still Held At Period End
ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd
-384000
pmt Change In Fair Value Hedging Instruments Still Held At Period End
ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd
2400000
pmt Change In Fair Value Hedging Instruments Still Held At Period End
ChangeInFairValueHedgingInstrumentsStillHeldAtPeriodEnd
3884000
CY2016Q3 pmt Aggregate Non Cash Portion Of Gain Loss On Mortgage Loans Acquired For Sale
AggregateNonCashPortionOfGainLossOnMortgageLoansAcquiredForSale
4386000
CY2015Q3 pmt Aggregate Non Cash Portion Of Gain Loss On Mortgage Loans Acquired For Sale
AggregateNonCashPortionOfGainLossOnMortgageLoansAcquiredForSale
-8408000
pmt Aggregate Non Cash Portion Of Gain Loss On Mortgage Loans Acquired For Sale
AggregateNonCashPortionOfGainLossOnMortgageLoansAcquiredForSale
30061000
pmt Aggregate Non Cash Portion Of Gain Loss On Mortgage Loans Acquired For Sale
AggregateNonCashPortionOfGainLossOnMortgageLoansAcquiredForSale
8211000
CY2016Q3 pmt Mortgage Servicing Rights Recapture From Affiliate
MortgageServicingRightsRecaptureFromAffiliate
409000
CY2015Q3 pmt Mortgage Servicing Rights Recapture From Affiliate
MortgageServicingRightsRecaptureFromAffiliate
670000
pmt Mortgage Servicing Rights Recapture From Affiliate
MortgageServicingRightsRecaptureFromAffiliate
849000
pmt Mortgage Servicing Rights Recapture From Affiliate
MortgageServicingRightsRecaptureFromAffiliate
670000
CY2016Q3 pmt Gain On Sale Of Mortgage Servicing Rights
GainOnSaleOfMortgageServicingRights
0
CY2015Q3 pmt Gain On Sale Of Mortgage Servicing Rights
GainOnSaleOfMortgageServicingRights
4000
pmt Gain On Sale Of Mortgage Servicing Rights
GainOnSaleOfMortgageServicingRights
11000
pmt Gain On Sale Of Mortgage Servicing Rights
GainOnSaleOfMortgageServicingRights
87000
CY2016Q3 pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
48997875000
CY2015Q3 pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
38172371000
pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
46125926000
pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
36446663000
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
0
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
330076
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
294684
CY2016Q3 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
0
CY2015Q3 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
0
pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
4041000
pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
6286000
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
0
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
298581
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
301763
CY2016Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
1129000
CY2015Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
1294000
us-gaap Restricted Stock Expense
RestrictedStockExpense
4142000
us-gaap Restricted Stock Expense
RestrictedStockExpense
4979000
CY2016Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.213
CY2015Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.140
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.068
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.121
CY2016Q3 pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
11624000
CY2016Q3 pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
43319000
CY2016Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
14993000
CY2015Q3 pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
7463000
CY2015Q3 pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
35031000
CY2015Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
10636000
CY2015Q3 us-gaap Assets
Assets
5592231000
pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
22788000
pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
113796000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
41465000
pmt Other Operating Income Loss Net
OtherOperatingIncomeLossNet
15937000
pmt Loan Fulfillment Servicing And Management Fees Payable To Affiliate
LoanFulfillmentServicingAndManagementFeesPayableToAffiliate
98818000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
33003000
us-gaap Interest Paid
InterestPaid
111008000
us-gaap Interest Paid
InterestPaid
85876000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
388000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
700000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
17548000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
4440000
pmt Increase Decrease Of Excess Servicing Spread Recapture Receivable From Affiliates
IncreaseDecreaseOfExcessServicingSpreadRecaptureReceivableFromAffiliates
5039000
pmt Increase Decrease Of Excess Servicing Spread Recapture Receivable From Affiliates
IncreaseDecreaseOfExcessServicingSpreadRecaptureReceivableFromAffiliates
4833000
CY2016Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
31804000
CY2015Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
35019000
CY2016Q3 us-gaap Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
2500000
CY2016Q3 us-gaap Loans Receivable Basis Spread On Variable Rate
LoansReceivableBasisSpreadOnVariableRate
0.25
pmt Number Of Residential Mortgage Loans Served
NumberOfResidentialMortgageLoansServed
1-4

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