2018 Q4 Form 10-K Financial Statement

#000156459019004522 Filed on February 26, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2018 2017 Q4
Revenue $83.90M $351.1M $93.70M
YoY Change -10.46% 10.42% 35.94%
Cost Of Revenue $104.1M $337.7M $74.90M
YoY Change 38.99% 8.59% -19.11%
Gross Profit $33.50M $188.6M $54.30M
YoY Change -38.31% 19.14% 215.7%
Gross Profit Margin 39.93% 53.72% 57.95%
Selling, General & Admin $1.800M $12.90M $2.800M
YoY Change -35.71% -2.27% -17.65%
% of Gross Profit 5.37% 6.84% 5.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $5.500M $193.1M $2.000M
YoY Change 175.0% -0.16% -39.39%
Operating Profit $28.00M -$4.479M $52.30M
YoY Change -46.46% -87.24% 276.26%
Interest Expense -$1.800M $175.2M -$6.400M
YoY Change -71.88% 15.72%
% of Operating Profit -6.43% -12.24%
Other Income/Expense, Net $11.39M
YoY Change -19.77%
Pretax Income $26.20M $158.0M $45.90M
YoY Change -42.92% 26.85% 230.22%
Income Tax -$15.40M $5.190M $18.10M
% Of Pretax Income -58.78% 3.29% 39.43%
Net Earnings $41.63M $152.8M $40.84M
YoY Change 1.93% 29.77% 31.0%
Net Earnings / Revenue 49.61% 43.52% 43.58%
Basic Earnings Per Share $0.58 $2.09 $0.53
Diluted Earnings Per Share $0.55 $1.99 $0.50
COMMON SHARES
Basic Shares Outstanding 60.95M 60.90M
Diluted Shares Outstanding 69.37M

Balance Sheet

Concept 2018 Q4 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.00M $60.00M $78.00M
YoY Change -23.08% -23.08% 129.41%
Cash & Equivalents $59.85M $77.65M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $132.0M $132.0M $159.0M
YoY Change -16.98% -16.98% 34.75%
LONG-TERM ASSETS
Property, Plant & Equipment $43.00M $43.00M $44.00M
YoY Change -2.27% -2.27% 51.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $4.086B $0.00
YoY Change 122.91%
Other Assets
YoY Change
Total Long-Term Assets $7.681B $7.681B $5.446B
YoY Change 41.05% 41.04% -12.72%
TOTAL ASSETS
Total Short-Term Assets $132.0M $132.0M $159.0M
Total Long-Term Assets $7.681B $7.681B $5.446B
Total Assets $7.813B $7.813B $5.605B
YoY Change 39.4% 39.39% -11.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.00M $33.00M $27.00M
YoY Change 22.22% 22.22% 68.75%
Accrued Expenses $36.00M $36.00M $7.000M
YoY Change 414.29% 414.29% 75.0%
Deferred Revenue
YoY Change
Short-Term Debt $5.082B $4.903B $3.269B
YoY Change 55.43% 52.03% -16.89%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.052B $5.009B $3.386B
YoY Change 49.2% 52.43% -14.75%
LONG-TERM LIABILITIES
Long-Term Debt $1.149B $1.154B $599.0M
YoY Change 91.82% 65.09% -33.52%
Other Long-Term Liabilities $13.00M $13.00M $10.00M
YoY Change 30.0% 30.0% -60.0%
Total Long-Term Liabilities $1.162B $1.167B $609.0M
YoY Change 90.8% 64.6% -34.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.052B $5.009B $3.386B
Total Long-Term Liabilities $1.162B $1.167B $609.0M
Total Liabilities $6.247B $6.247B $4.060B
YoY Change 53.86% 53.87% -18.9%
SHAREHOLDERS EQUITY
Retained Earnings -$19.72M -$46.67M
YoY Change -57.75% 74.62%
Common Stock $1.286B $1.292B
YoY Change -0.42% -6.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.566B $1.566B $1.545B
YoY Change
Total Liabilities & Shareholders Equity $7.813B $7.813B $5.605B
YoY Change 39.4% 39.39% -11.84%

Cashflow Statement

Concept 2018 Q4 2018 2017 Q4
OPERATING ACTIVITIES
Net Income $41.63M $152.8M $40.84M
YoY Change 1.93% 29.77% 31.0%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $227.6M -$573.8M -$60.00M
YoY Change -479.33% -357.14% -135.25%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$742.2M -$1.424B $266.2M
YoY Change -378.81% -308.93% 931.78%
Cash From Investing Activities -$742.2M -$1.424B $266.2M
YoY Change -378.81% -308.94% 931.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $10.72M
YoY Change -88.25%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 485.3M 1.980B -228.0M
YoY Change -312.85% -329.82% -24.1%
NET CHANGE
Cash From Operating Activities 227.6M -573.8M -60.00M
Cash From Investing Activities -742.2M -1.424B 266.2M
Cash From Financing Activities 485.3M 1.980B -228.0M
Net Change In Cash -29.30M -17.80M -21.80M
YoY Change 34.4% -141.24% -79.12%
FREE CASH FLOW
Cash From Operating Activities $227.6M -$573.8M -$60.00M
Capital Expenditures
Free Cash Flow
YoY Change

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OperatingExpenses
193394000
CY2016 us-gaap Operating Expenses
OperatingExpenses
210325000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
157988000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
124546000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
61763000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5190000
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6797000
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14047000
CY2017 us-gaap Net Income Loss
NetIncomeLoss
117749000
CY2016 us-gaap Net Income Loss
NetIncomeLoss
75810000
CY2018 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
24938000
CY2017 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
15267000
CY2016 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0
CY2018 pmt Net Income Loss Attributable To Common Stockholders
NetIncomeLossAttributableToCommonStockholders
127860000
CY2017 pmt Net Income Loss Attributable To Common Stockholders
NetIncomeLossAttributableToCommonStockholders
102482000
CY2016 pmt Net Income Loss Attributable To Common Stockholders
NetIncomeLossAttributableToCommonStockholders
75810000
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.09
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.53
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.99
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.48
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60898000
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66144000
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68642000
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69365000
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74611000
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77109000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1496113000
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
5748000
CY2016 us-gaap Dividends Common Stock
DividendsCommonStock
128187000
CY2016 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
98370000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1351114000
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
4904000
CY2017 us-gaap Dividends Common Stock
DividendsCommonStock
123625000
CY2017 us-gaap Dividends Preferred Stock
DividendsPreferredStock
14066000
CY2017 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
310000000
CY2017 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
10293000
CY2017 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
91198000
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
5318000
CY2017 pmt Payments To Purchase Mortgage Loans Held For Sale Nonaffiliates
PaymentsToPurchaseMortgageLoansHeldForSaleNonaffiliates
65830095000
CY2016 pmt Payments To Purchase Mortgage Loans Held For Sale Nonaffiliates
PaymentsToPurchaseMortgageLoansHeldForSaleNonaffiliates
66112316000
CY2017 us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
582207000
CY2016 us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
712975000
CY2018 pmt Payments To Purchase Mortgage Loans Held For Sale Affiliates
PaymentsToPurchaseMortgageLoansHeldForSaleAffiliates
3343028000
CY2017 pmt Payments To Purchase Mortgage Loans Held For Sale Affiliates
PaymentsToPurchaseMortgageLoansHeldForSaleAffiliates
904097000
CY2017 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
24314165000
CY2016 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
23525952000
CY2018 pmt Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates
ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates
37967724000
CY2017 pmt Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates
ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates
42624288000
CY2016 pmt Proceeds From Sale Of Mortgage Loans Held For Sale To Affiliates
ProceedsFromSaleOfMortgageLoansHeldForSaleToAffiliates
42051505000
CY2018 pmt Proceeds From Settlement Of Repurchase Agreement Derivatives
ProceedsFromSettlementOfRepurchaseAgreementDerivatives
8964000
CY2017 pmt Proceeds From Settlement Of Repurchase Agreement Derivatives
ProceedsFromSettlementOfRepurchaseAgreementDerivatives
0
CY2016 pmt Proceeds From Settlement Of Repurchase Agreement Derivatives
ProceedsFromSettlementOfRepurchaseAgreementDerivatives
0
CY2018 pmt Increase Decrease In Servicing Advances
IncreaseDecreaseInServicingAdvances
-20525000
CY2017 pmt Increase Decrease In Servicing Advances
IncreaseDecreaseInServicingAdvances
2353000
CY2016 pmt Increase Decrease In Servicing Advances
IncreaseDecreaseInServicingAdvances
-4672000
CY2018 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
26000
CY2017 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
-2514000
CY2016 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
-1640000
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
23482000
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-8822000
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
62028000
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6400000
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-40435000
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
46657000
CY2018 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
6345000
CY2017 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
10656000
CY2016 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-2549000
CY2018 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
3857000
CY2017 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
9151000
CY2016 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-15339000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-573752000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
223125000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-621543000
CY2018 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
56452000
CY2017 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-103690000
CY2016 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
80223000
CY2018 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1810877000
CY2017 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
251872000
CY2016 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
765467000
CY2018 pmt Proceeds From Sale And Repayments Of Mortgage Backed Securities Mbs At Fair Value
ProceedsFromSaleAndRepaymentsOfMortgageBackedSecuritiesMbsAtFairValue
173862000
CY2017 pmt Proceeds From Sale And Repayments Of Mortgage Backed Securities Mbs At Fair Value
ProceedsFromSaleAndRepaymentsOfMortgageBackedSecuritiesMbsAtFairValue
127591000
CY2016 pmt Proceeds From Sale And Repayments Of Mortgage Backed Securities Mbs At Fair Value
ProceedsFromSaleAndRepaymentsOfMortgageBackedSecuritiesMbsAtFairValue
206508000
CY2018 us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
622705000
CY2018 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
0
CY2017 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
0
CY2016 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
891000
CY2018 pmt Repayments Of Excess Servicing Spread Investment
RepaymentsOfExcessServicingSpreadInvestment
46750000
CY2017 pmt Repayments Of Excess Servicing Spread Investment
RepaymentsOfExcessServicingSpreadInvestment
54980000
CY2016 pmt Repayments Of Excess Servicing Spread Investment
RepaymentsOfExcessServicingSpreadInvestment
69992000
CY2018 pmt Proceeds From The Sale Of Excess Servicing Spread
ProceedsFromTheSaleOfExcessServicingSpread
0
CY2017 pmt Proceeds From The Sale Of Excess Servicing Spread
ProceedsFromTheSaleOfExcessServicingSpread
0
CY2016 pmt Proceeds From The Sale Of Excess Servicing Spread
ProceedsFromTheSaleOfExcessServicingSpread
59045000
CY2018 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
4863000
CY2017 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
716000
CY2016 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
7216000
CY2018 pmt Proceeds From Sale Of Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfRealEstateAcquiredInSettlementOfLoans
99194000
CY2017 pmt Proceeds From Sale Of Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfRealEstateAcquiredInSettlementOfLoans
166921000
CY2016 pmt Proceeds From Sale Of Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfRealEstateAcquiredInSettlementOfLoans
234684000
CY2018 pmt Contribution To Deposits Securing Credit Risk Transfer Agreements
ContributionToDepositsSecuringCreditRiskTransferAgreements
596626000
CY2017 pmt Contribution To Deposits Securing Credit Risk Transfer Agreements
ContributionToDepositsSecuringCreditRiskTransferAgreements
152641000
CY2016 pmt Contribution To Deposits Securing Credit Risk Transfer Agreements
ContributionToDepositsSecuringCreditRiskTransferAgreements
306507000
CY2017 pmt Distributions From Credit Risk Transfer Agreements
DistributionsFromCreditRiskTransferAgreements
65564000
CY2016 pmt Distributions From Credit Risk Transfer Agreements
DistributionsFromCreditRiskTransferAgreements
24746000
CY2018 us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
0
CY2017 us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
79000
CY2016 us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
2739000
CY2018 us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
100000
CY2017 us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
1199000
CY2016 us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
106000
CY2018 pmt Increase Decrease In Margin Deposits And Restricted Cash
IncreaseDecreaseInMarginDepositsAndRestrictedCash
24005000
CY2017 pmt Increase Decrease In Margin Deposits And Restricted Cash
IncreaseDecreaseInMarginDepositsAndRestrictedCash
15163000
CY2016 pmt Increase Decrease In Margin Deposits And Restricted Cash
IncreaseDecreaseInMarginDepositsAndRestrictedCash
-40062000
CY2018 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
0
CY2017 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
0
CY2016 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
225000
CY2018 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
0
CY2017 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
0
CY2016 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
7320000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1424292000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
681681000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
193952000
CY2018 pmt Proceeds From Sale Of Assets Under Agreements To Repurchase
ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase
85574226000
CY2017 pmt Proceeds From Sale Of Assets Under Agreements To Repurchase
ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase
77985354000
CY2016 pmt Proceeds From Sale Of Assets Under Agreements To Repurchase
ProceedsFromSaleOfAssetsUnderAgreementsToRepurchase
70684674000
CY2018 pmt Repayments Of Assets Sold Under Agreements To Repurchase
RepaymentsOfAssetsSoldUnderAgreementsToRepurchase
83978547000
CY2017 pmt Repayments Of Assets Sold Under Agreements To Repurchase
RepaymentsOfAssetsSoldUnderAgreementsToRepurchase
78587535000
CY2016 pmt Repayments Of Assets Sold Under Agreements To Repurchase
RepaymentsOfAssetsSoldUnderAgreementsToRepurchase
70030317000
CY2018 pmt Proceeds From Issuance Of Mortgage Loan Participation Certificates
ProceedsFromIssuanceOfMortgageLoanParticipationCertificates
7559680000
CY2017 pmt Proceeds From Issuance Of Mortgage Loan Participation Certificates
ProceedsFromIssuanceOfMortgageLoanParticipationCertificates
6960713000
CY2016 pmt Proceeds From Issuance Of Mortgage Loan Participation Certificates
ProceedsFromIssuanceOfMortgageLoanParticipationCertificates
6579706000
CY2018 pmt Repayments Of Mortgage Loan Participation Certificates
RepaymentsOfMortgageLoanParticipationCertificates
7425503000
CY2017 pmt Repayments Of Mortgage Loan Participation Certificates
RepaymentsOfMortgageLoanParticipationCertificates
6942079000
CY2016 pmt Repayments Of Mortgage Loan Participation Certificates
RepaymentsOfMortgageLoanParticipationCertificates
6553789000
CY2018 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
450000000
CY2017 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
396240000
CY2016 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
129812000
CY2018 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0
CY2017 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
671346000
CY2016 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
90812000
CY2018 pmt Proceeds From Sale Of Asset Backed Secured Financing
ProceedsFromSaleOfAssetBackedSecuredFinancing
0
CY2017 pmt Proceeds From Sale Of Asset Backed Secured Financing
ProceedsFromSaleOfAssetBackedSecuredFinancing
0
CY2016 pmt Proceeds From Sale Of Asset Backed Secured Financing
ProceedsFromSaleOfAssetBackedSecuredFinancing
182400000
CY2018 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
21886000
CY2017 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
51687000
CY2016 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
73624000
CY2018 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
2293000
CY2017 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0
CY2016 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0
CY2018 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
15396000
CY2017 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
5872000
CY2016 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0
CY2018 us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
0
CY2017 us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
0
CY2016 us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
28000000
CY2018 us-gaap Payments For Federal Home Loan Bank Advances
PaymentsForFederalHomeLoanBankAdvances
0
CY2017 us-gaap Payments For Federal Home Loan Bank Advances
PaymentsForFederalHomeLoanBankAdvances
0
CY2016 us-gaap Payments For Federal Home Loan Bank Advances
PaymentsForFederalHomeLoanBankAdvances
211000000
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
13230000
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
13670000
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11161000
CY2018 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0
CY2017 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
310000000
CY2016 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0
CY2018 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0
CY2017 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
10293000
CY2016 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0
CY2018 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
24944000
CY2017 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
14066000
CY2016 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
115596000
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
126135000
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
131560000
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10719000
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
91198000
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
98370000
CY2018 pmt Payment Of Contingent Underwriting Fees
PaymentOfContingentUnderwritingFees
136000
CY2017 pmt Payment Of Contingent Underwriting Fees
PaymentOfContingentUnderwritingFees
61000
CY2016 pmt Payment Of Contingent Underwriting Fees
PaymentOfContingentUnderwritingFees
0
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1980242000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-861635000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
403959000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17802000
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
43171000
CY2016 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23632000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
77647000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
34476000
CY2015Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
58108000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
59845000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59845000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
77647000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34476000
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
0
CY2017Q4 us-gaap Restricted Cash
RestrictedCash
0
CY2016Q4 us-gaap Restricted Cash
RestrictedCash
0
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:18pt;text-indent:4.54%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Preparation of financial statements in compliance with GAAP requires the Manager to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. Actual results will likely differ from those estimates. </p>
CY2018 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<p style="margin-top:2pt;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;">Following is a summary of maturities of outstanding advances under repurchase agreements by 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:73.92%; 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 December 31, 2018</font></p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.46%; 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:22.6%; 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:73.92%;"> <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:2.46%;"> <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:22.6%; 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:73.92%;"> <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:2.46%;"> <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:21.6%;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;">2,532,214</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:73.92%;"> <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:2.46%;"> <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:21.6%;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;">882,985</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:73.92%;"> <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:2.46%;"> <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:21.6%;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;">430,114</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:73.92%;"> <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:2.46%;"> <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:21.6%;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;">927,173</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:73.92%; 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 one year to two years</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.46%; 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:21.6%; 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;">5,000</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:73.92%; 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:2.46%; 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:21.6%; 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;">4,777,486</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:73.92%;"> <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:2.46%;"> <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:21.6%; 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;">2.2</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>
CY2018 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
CY2018 pmt Reit Qualification Threshold Percentage Of Taxable Income For Distribution
ReitQualificationThresholdPercentageOfTaxableIncomeForDistribution
0.90
CY2018Q4 us-gaap Cost Method Investments
CostMethodInvestments
0
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0
CY2018 pmt Loans Delinquent Period
LoansDelinquentPeriod
90 or more days
CY2018 pmt Servicing Fee Percentage
ServicingFeePercentage
0.0025
CY2018 pmt Mortgage Servicing Rights Fair Value Option Threshold Loan Interest Rate
MortgageServicingRightsFairValueOptionThresholdLoanInterestRate
0.045
CY2018 pmt Initial Interest Rates
InitialInterestRates
More than 4.5%.
CY2018 pmt Mortgage Loans Description Of Variable Rate Basis
MortgageLoansDescriptionOfVariableRateBasis
Note interest rate pools of 50 basis points for note interest rates between 3.0% and 4.5% and a single pool for note interest rates below 3%. Adjustable rate mortgage loans with initial interest rates of 4.5% or less were evaluated in a single pool.
CY2018 pmt Mortgage Loans Description
MortgageLoansDescription
Note interest rate pools of 50 basis points
CY2018 pmt Basis Point For Mortgage Loan
BasisPointForMortgageLoan
0.0050
CY2018 pmt Percentage Of Income Tax Positions Likely To Be Realized
PercentageOfIncomeTaxPositionsLikelyToBeRealized
0.50
CY2018 pmt Services Agreement Expiration Date
ServicesAgreementExpirationDate
2020-09-12
CY2018 pmt Service Agreement Maturity Renewal Term
ServiceAgreementMaturityRenewalTerm
P18M
CY2018 pmt Termination Fees Description
TerminationFeesDescription
The termination fee is equal to three times the sum of (a) the average annual base management fee, and (b) the average annual performance incentive fee earned by PCM, in each case during the 24-month period immediately preceding the date of termination.
CY2016Q4 pmt Excess Service Spread Recapture Of Minimum Percentage Loan Fee Rate And Unpaid Principal Balance Refinance Mortgage Loans
ExcessServiceSpreadRecaptureOfMinimumPercentageLoanFeeRateAndUnpaidPrincipalBalanceRefinanceMortgageLoans
0.90
CY2016Q4 pmt Excess Service Spread Recapture Of Minimum Percentage Loan Fee Rate And Unpaid Principal Balance Modified Mortgage Loans
ExcessServiceSpreadRecaptureOfMinimumPercentageLoanFeeRateAndUnpaidPrincipalBalanceModifiedMortgageLoans
0.90
CY2018Q4 pmt Fair Value Option Loans Held As Assets Aggregate Fair Value
FairValueOptionLoansHeldAsAssetsAggregateFairValue
408305000
CY2017Q4 pmt Fair Value Option Loans Held As Assets Aggregate Fair Value
FairValueOptionLoansHeldAsAssetsAggregateFairValue
1089473000
CY2018Q4 srt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
495651000
CY2017Q4 srt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
1360642000
CY2018Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
-87346000
CY2017Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
-271169000
CY2018Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
247200000
CY2017Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
244900000
CY2018Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
444400000
CY2018 pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
356755000
CY2017 pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
41379000
CY2016 pmt Servicing Asset At Fair Value Additions From Loan Sales
ServicingAssetAtFairValueAdditionsFromLoanSales
7337000
CY2018 pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
28923523000
CY2017 pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
3724642000
CY2016 pmt Fair Value Unpaid Principal Balance Of Underlying Loans
FairValueUnpaidPrincipalBalanceOfUnderlyingLoans
752850000
CY2018 pmt Msr At Fair Value Service Fee Annual Rate At Initial Recognition
MSRAtFairValueServiceFeeAnnualRateAtInitialRecognition
0.0026
CY2017 pmt Msr At Fair Value Service Fee Annual Rate At Initial Recognition
MSRAtFairValueServiceFeeAnnualRateAtInitialRecognition
0.0025
CY2016 pmt Msr At Fair Value Service Fee Annual Rate At Initial Recognition
MSRAtFairValueServiceFeeAnnualRateAtInitialRecognition
0.0026
CY2017 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
248930000
CY2016 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
267755000
CY2017 pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans
19982686000
CY2016 pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoans
22068577000
CY2017 pmt Msr Amortization Method Service Fee Annual Rate At Initial Recognition
MSRAmortizationMethodServiceFeeAnnualRateAtInitialRecognition
0.0025
CY2016 pmt Msr Amortization Method Service Fee Annual Rate At Initial Recognition
MSRAmortizationMethodServiceFeeAnnualRateAtInitialRecognition
0.0025
CY2018Q4 pmt Fair Value Unpaid Principal Of Underlying Loans Balance
FairValueUnpaidPrincipalOfUnderlyingLoansBalance
92410226000
CY2017Q4 pmt Fair Value Unpaid Principal Of Underlying Loans Balance
FairValueUnpaidPrincipalOfUnderlyingLoansBalance
8273696000
CY2018Q4 pmt Msr At Fair Value Service Fee Annual Rate
MSRAtFairValueServiceFeeAnnualRate
0.0025
CY2017Q4 pmt Msr At Fair Value Service Fee Annual Rate
MSRAtFairValueServiceFeeAnnualRate
0.0025
CY2018 pmt Fair Value Weighted Average Coupon Interest Rate
FairValueWeightedAverageCouponInterestRate
0.042
CY2017 pmt Fair Value Weighted Average Coupon Interest Rate
FairValueWeightedAverageCouponInterestRate
0.047
CY2017Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
753322000
CY2017 pmt Amortized Cost Unpaid Principal Balance Of Underlying Loans Period End
AmortizedCostUnpaidPrincipalBalanceOfUnderlyingLoansPeriodEnd
63853606000
CY2017 pmt Msr Amortization Method Service Fee Annual Rate
MSRAmortizationMethodServiceFeeAnnualRate
0.0025
CY2017 pmt Amortized Cost Weighted Average Coupon Interest Rate
AmortizedCostWeightedAverageCouponInterestRate
0.039
CY2018Q4 pmt Pledged Financial Instruments Not Separately Reported And Assets Separately Reported On Statement At Fair Value
PledgedFinancialInstrumentsNotSeparatelyReportedAndAssetsSeparatelyReportedOnStatementAtFairValue
1621879000
CY2017Q4 pmt Pledged Financial Instruments Not Separately Reported And Assets Separately Reported On Statement At Fair Value
PledgedFinancialInstrumentsNotSeparatelyReportedAndAssetsSeparatelyReportedOnStatementAtFairValue
1249277000
CY2018Q4 pmt Mortgage Loans On Real Estate Unpaid Balance
MortgageLoansOnRealEstateUnpaidBalance
495651000
CY2017Q4 pmt Mortgage Loans On Real Estate Unpaid Balance
MortgageLoansOnRealEstateUnpaidBalance
1360642000
CY2018Q4 pmt Mortgage Loans At Fair Value Held By Variable Interest Entity
MortgageLoansAtFairValueHeldByVariableInterestEntity
290573000
CY2017Q4 pmt Mortgage Loans At Fair Value Held By Variable Interest Entity
MortgageLoansAtFairValueHeldByVariableInterestEntity
321040000
CY2018Q4 pmt Percentage Of Estimated Fair Value Of Mortgage Loans Originated
PercentageOfEstimatedFairValueOfMortgageLoansOriginated
0.05
CY2017Q4 pmt Percentage Of Estimated Fair Value Of Mortgage Loans Originated
PercentageOfEstimatedFairValueOfMortgageLoansOriginated
0.05
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
171996000
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
115803000
CY2018Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
4831000
CY2017Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
1922000
CY2018Q4 pmt Margin Deposit Assets Liabilities
MarginDepositAssetsLiabilities
18744000
CY2017Q4 pmt Margin Deposit Assets Liabilities
MarginDepositAssetsLiabilities
76000
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
29490000
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
3305000
CY2018Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
23576000
CY2017Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
1999000
CY2018Q4 pmt Derivative Asset Netting
DerivativeAssetNetting
4831000
CY2017Q4 pmt Derivative Asset Netting
DerivativeAssetNetting
1922000
CY2018Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
0
CY2018Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
0
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
167165000
CY2017Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
0
CY2017Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
0
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
113881000
CY2018Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
4806517000
CY2018Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
4782941000
CY2017Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
3184191000
CY2017Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
3182192000
CY2016Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
274069000
CY2015Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
341846000
CY2018 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
32578000
CY2017 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
87202000
CY2016 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
207431000
CY2018 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
5183000
CY2017 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
16530000
CY2016 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
21406000
CY2018 pmt Transfer From Real Estate Held For Investment
TransferFromRealEstateHeldForInvestment
3401000
CY2017 pmt Transfer From Real Estate Held For Investment
TransferFromRealEstateHeldForInvestment
0
CY2016 pmt Transfer From Real Estate Held For Investment
TransferFromRealEstateHeldForInvestment
0
CY2018 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-17323000
CY2017 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-27505000
CY2016 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-36193000
CY2018 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
8537000
CY2017 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
12550000
CY2016 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
17075000
CY2018 pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
-8786000
CY2017 pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
-14955000
CY2016 pmt Gains Losses Real Estate Owned Net
GainsLossesRealEstateOwnedNet
-19118000
CY2018 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
99194000
CY2017 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
166921000
CY2016 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
234684000
CY2018Q4 pmt Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings
RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings
1939000
CY2017Q4 pmt Real Estate Acquired Through Foreclosure Pledged To Secure Borrowings
RealEstateAcquiredThroughForeclosurePledgedToSecureBorrowings
76037000
CY2018Q4 pmt Real Estate Owned Held In Subsidiary For Financing Purposes
RealEstateOwnedHeldInSubsidiaryForFinancingPurposes
38259000
CY2017Q4 pmt Real Estate Owned Held In Subsidiary For Financing Purposes
RealEstateOwnedHeldInSubsidiaryForFinancingPurposes
48495000
CY2018Q4 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
40198000
CY2017Q4 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
124532000
CY2016Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
64136000
CY2015Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
66584000
CY2017Q4 pmt Servicing Asset At Fair Value Transfer Of Mortgage Servicing Rights From Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtFairValueTransferOfMortgageServicingRightsFromMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValuePursuantToChangeInAccountingPrinciple
773035000
CY2017 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-14135000
CY2016Q4 pmt Servicing Asset At Fair Value Transfer Of Mortgage Servicing Rights From Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtFairValueTransferOfMortgageServicingRightsFromMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValuePursuantToChangeInAccountingPrinciple
0
CY2015Q4 pmt Servicing Asset At Fair Value Transfer Of Mortgage Servicing Rights From Mortgage Servicing Rights Carried At Lower Of Amortized Cost Or Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtFairValueTransferOfMortgageServicingRightsFromMortgageServicingRightsCarriedAtLowerOfAmortizedCostOrFairValuePursuantToChangeInAccountingPrinciple
0
CY2017Q4 pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
864494000
CY2016Q4 pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
64136000
CY2015Q4 pmt Servicing Asset At Fair Value After Reclassification Adjusted Amount
ServicingAssetAtFairValueAfterReclassificationAdjustedAmount
66584000
CY2018 pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
0
CY2017 pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
79000
CY2016 pmt Mortgage Servicing Rights Fair Value Purchases
MortgageServicingRightsFairValuePurchases
2739000
CY2018 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
100000
CY2017 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
0
CY2016 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
0
CY2018 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
60772000
CY2017 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-9762000
CY2016 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-3210000
CY2018 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-119552000
CY2017 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-4373000
CY2016 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-9314000
CY2018 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-58780000
CY2016 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-12524000
CY2018Q4 pmt Mortgage Servicing Rights At Fair Value Pledged To Secure Assets Sold Under Agreements To Repurchase And Notes Payable
MortgageServicingRightsAtFairValuePledgedToSecureAssetsSoldUnderAgreementsToRepurchaseAndNotesPayable
1139582000
CY2017Q4 pmt Mortgage Servicing Rights At Fair Value Pledged To Secure Assets Sold Under Agreements To Repurchase And Notes Payable
MortgageServicingRightsAtFairValuePledgedToSecureAssetsSoldUnderAgreementsToRepurchaseAndNotesPayable
90284000
CY2017Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
772870000
CY2016Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
606103000
CY2015Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
404101000
CY2018Q4 pmt Servicing Asset At Amortized Cost Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
772870000
CY2017Q4 pmt Servicing Asset At Amortized Cost Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
0
CY2016Q4 pmt Servicing Asset At Amortized Cost Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
0
CY2018Q4 pmt Servicing Asset At Amortized Cost After Reclassification Of Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostAfterReclassificationOfTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
0
CY2017Q4 pmt Servicing Asset At Amortized Cost After Reclassification Of Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostAfterReclassificationOfTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
606103000
CY2016Q4 pmt Servicing Asset At Amortized Cost After Reclassification Of Transfer Of Mortgage Servicing Right To Mortgage Servicing Rights Carried At Fair Value Pursuant To Change In Accounting Principle
ServicingAssetAtAmortizedCostAfterReclassificationOfTransferOfMortgageServicingRightToMortgageServicingRightsCarriedAtFairValuePursuantToChangeInAccountingPrinciple
404101000
CY2018 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
0
CY2018 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
0
CY2017 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
81624000
CY2016 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
65647000
CY2018 us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
0
CY2017 us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
539000
CY2016 us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
106000
CY2018Q4 pmt Servicing Asset At Amortized Cost Before Valuation Allowance
ServicingAssetAtAmortizedCostBeforeValuationAllowance
0
CY2017Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
19548000
CY2016Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
13672000
CY2015Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
10944000
CY2018 pmt Valuation Allowance For Impairment Of Reduction Pursuant To Change In Accounting Principle
ValuationAllowanceForImpairmentOfReductionPursuantToChangeInAccountingPrinciple
-19548000
CY2017 pmt Valuation Allowance For Impairment Of Reduction Pursuant To Change In Accounting Principle
ValuationAllowanceForImpairmentOfReductionPursuantToChangeInAccountingPrinciple
0
CY2016 pmt Valuation Allowance For Impairment Of Reduction Pursuant To Change In Accounting Principle
ValuationAllowanceForImpairmentOfReductionPursuantToChangeInAccountingPrinciple
0
CY2018 pmt Valuation Allowance For Impairment Of Reductions Resulting From Change In Method Of Accounting
ValuationAllowanceForImpairmentOfReductionsResultingFromChangeInMethodOfAccounting
0
CY2017 pmt Valuation Allowance For Impairment Of Reductions Resulting From Change In Method Of Accounting
ValuationAllowanceForImpairmentOfReductionsResultingFromChangeInMethodOfAccounting
13672000
CY2016 pmt Valuation Allowance For Impairment Of Reductions Resulting From Change In Method Of Accounting
ValuationAllowanceForImpairmentOfReductionsResultingFromChangeInMethodOfAccounting
10944000
CY2018 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
0
CY2017 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
5876000
CY2016 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
2728000
CY2018Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
0
CY2018Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
0
CY2016Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
592431000
CY2017Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
772940000
CY2016Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
626334000
CY2015Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
424154000
CY2018Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
0
CY2018Q4 pmt Ms Rs Carried At Lower Of Cost Or Fair Value Pledged To Secure Assets Sold Under Agreements To Repurchase
MSRsCarriedAtLowerOfCostOrFairValuePledgedToSecureAssetsSoldUnderAgreementsToRepurchase
0
CY2017Q4 pmt Ms Rs Carried At Lower Of Cost Or Fair Value Pledged To Secure Assets Sold Under Agreements To Repurchase
MSRsCarriedAtLowerOfCostOrFairValuePledgedToSecureAssetsSoldUnderAgreementsToRepurchase
584762000
CY2018Q4 pmt Ms Rs Carried At Lower Of Cost Or Fair Value Pledged To Secure Notes Payable
MSRsCarriedAtLowerOfCostOrFairValuePledgedToSecureNotesPayable
0
CY2018Q4 pmt Notes Payable Gross
NotesPayableGross
450000000
CY2017Q4 pmt Notes Payable Gross
NotesPayableGross
0
CY2017Q4 pmt Ms Rs Carried At Lower Of Cost Or Fair Value Pledged To Secure Notes Payable
MSRsCarriedAtLowerOfCostOrFairValuePledgedToSecureNotesPayable
156846000
CY2018Q4 pmt Ms Rs Carried At Lower Of Cost Or Fair Value Pledged To Secure
MSRsCarriedAtLowerOfCostOrFairValuePledgedToSecure
0
CY2017Q4 pmt Ms Rs Carried At Lower Of Cost Or Fair Value Pledged To Secure
MSRsCarriedAtLowerOfCostOrFairValuePledgedToSecure
741608000
CY2018 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
204663000
CY2017 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
164776000
CY2016 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
125961000
CY2018 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
974000
CY2017 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
718000
CY2016 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
570000
CY2018 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
7088000
CY2017 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
5805000
CY2016 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
5302000
CY2018 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
212725000
CY2017 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
171299000
CY2016 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
131833000
CY2018 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0325
CY2017 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0249
CY2016 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate During Period
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateDuringPeriod
0.0244
CY2018 pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
3901772000
CY2017 pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
3332084000
CY2016 pmt Assets Sold Under Agreements To Repurchase Average Balance
AssetsSoldUnderAgreementsToRepurchaseAverageBalance
3382528000
CY2018 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
115383000
CY2017 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
93580000
CY2016 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
92838000
CY2018 pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
6665118000
CY2017 pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
4242600000
CY2016 pmt Asset Sold Under Agreements To Repurchase Maximum Daily Amount Outstanding
AssetSoldUnderAgreementsToRepurchaseMaximumDailyAmountOutstanding
5573021000
CY2018 us-gaap Repurchase Agreements Maturities
RepurchaseAgreementsMaturities
The master repurchase agreement is subject to a rolling six-month term through August 21, 2019, unless terminated earlier at the option of the lender. The Company expects that it will cease to accrue the incentives under the repurchase agreement in the second quarter of 2019.
CY2018Q4 pmt Assets Sold Under Agreements To Repurchase
AssetsSoldUnderAgreementsToRepurchase
4777486000
CY2017Q4 pmt Assets Sold Under Agreements To Repurchase
AssetsSoldUnderAgreementsToRepurchase
3182504000
CY2018 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0338
CY2017 pmt Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate At Period End
SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRateAtPeriodEnd
0.0277
CY2018 pmt Assets Sold Under Agreements Available Borrowing Capacity Committed
AssetsSoldUnderAgreementsAvailableBorrowingCapacityCommitted
783415000
CY2017 pmt Assets Sold Under Agreements Available Borrowing Capacity Committed
AssetsSoldUnderAgreementsAvailableBorrowingCapacityCommitted
749650000
CY2018 pmt Securities Sold Under Agreements Available Borrowing Capacity Uncommitted
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted
2325246000
CY2017 pmt Securities Sold Under Agreements Available Borrowing Capacity Uncommitted
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacityUncommitted
2030607000
CY2018 pmt Securities Sold Under Agreements Available Borrowing Capacity
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity
3108661000
CY2017 pmt Securities Sold Under Agreements Available Borrowing Capacity
SecuritiesSoldUnderAgreementsAvailableBorrowingCapacity
2780257000
CY2018Q4 us-gaap Good Faith And Margin Deposits With Broker Dealers
GoodFaithAndMarginDepositsWithBrokerDealers
43676000
CY2017Q4 us-gaap Good Faith And Margin Deposits With Broker Dealers
GoodFaithAndMarginDepositsWithBrokerDealers
28154000
CY2018Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
4777486000
CY2018 pmt Repurchase Agreements Weighted Average Maturity Period
RepurchaseAgreementsWeightedAverageMaturityPeriod
P2M6D
CY2018Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
250000000
CY2017Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
250000000
CY2018Q4 pmt Mortgage Servicing Rights Secured Notes Payable
MortgageServicingRightsSecuredNotesPayable
1139582000
CY2017Q4 pmt Mortgage Servicing Rights Secured Notes Payable
MortgageServicingRightsSecuredNotesPayable
180317000
CY2016Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
15350000
CY2015Q4 pmt Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
20171000
CY2018 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
2531000
CY2017 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
3147000
CY2016 pmt Provisions For Representations And Warranties Losses
ProvisionsForRepresentationsAndWarrantiesLosses
3254000
CY2016 us-gaap Current Income Tax Expense Benefit
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9679000
CY2016 pmt Non Cash Gain From Reduction In Liability Due To Change In Estimate
NonCashGainFromReductionInLiabilityDueToChangeInEstimate
7564000
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CY2018Q4 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
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90427100000
CY2017Q4 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
71416333000
CY2016Q4 pmt Guarantee Obligations Recourse Provision Unpaid Principal Balance Of Mortgage Loans Subject To Representations And Warranties
GuaranteeObligationsRecourseProvisionUnpaidPrincipalBalanceOfMortgageLoansSubjectToRepresentationsAndWarranties
56114162000
CY2018Q4 pmt Mortgage Loans Acquired For Sale Outstanding Contractual Purchase Commitments
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1688516000
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10293000
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671000
CY2017 us-gaap Stock Repurchased And Retired During Period Shares
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5647000
CY2016 us-gaap Stock Repurchased And Retired During Period Shares
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7368000
CY2018Q4 pmt Stock Repurchase Program Cumulative Number Of Shares Repurchased
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14731000
CY2018Q4 pmt Stock Repurchase Program Cost Of Cumulative Shares Repurchased
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216625000
CY2018 us-gaap Payment For Incentive Fee
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10
CY2018 pmt Performance Incentive Fees Earned
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100
CY2018 pmt Contingent Underwriting Fee Payments To Underwriters
ContingentUnderwritingFeePaymentsToUnderwriters
137000
CY2017 pmt Contingent Underwriting Fee Payments To Underwriters
ContingentUnderwritingFeePaymentsToUnderwriters
61000
CY2016 pmt Contingent Underwriting Fee Payments To Underwriters
ContingentUnderwritingFeePaymentsToUnderwriters
0
CY2018 pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
80500212000
CY2017 pmt Average Balance During Period For Servicing Assets Portfolio
AverageBalanceDuringPeriodForServicingAssetsPortfolio
63836843000
CY2016 pmt Average Balance During Period For Servicing Assets Portfolio
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49626758000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
245
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
262
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
330
CY2018 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
3823000
CY2017 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
3991000
CY2016 pmt Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
4041000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
288
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
284
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
299
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
2
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
13
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0
CY2017 pmt Percentage Of Deduction From Taxable Income For Ordinary Reit Dividends
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0.20
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0.49
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PercentageOfOrdinaryIncome
0.71
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0.60
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0.00
CY2017 pmt Percentage Of Distributions Characterized As Long Term Capital Gain
PercentageOfDistributionsCharacterizedAsLongTermCapitalGain
0.29
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PercentageOfDistributionsCharacterizedAsLongTermCapitalGain
0.40
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0.51
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0.00
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19000
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
251000
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
361000
CY2018 us-gaap Current State And Local Tax Expense Benefit
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6000
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CurrentStateAndLocalTaxExpenseBenefit
57000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
81000
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
25000
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
308000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
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DeferredFederalIncomeTaxExpenseBenefit
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DeferredStateAndLocalIncomeTaxExpenseBenefit
-2422000
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2665000
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-5699000
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5165000
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6489000
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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33177000
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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43591000
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
21617000
CY2018 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
26647000
CY2017 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
25754000
CY2016 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
32501000
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2044000
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1687000
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-3652000
CY2018 pmt Tax Cuts And Jobs Act Of2017 Change In Tax Rate Income Tax Expense Benefit
TaxCutsAndJobsActOf2017ChangeInTaxRateIncomeTaxExpenseBenefit
0
CY2017 pmt Tax Cuts And Jobs Act Of2017 Change In Tax Rate Income Tax Expense Benefit
TaxCutsAndJobsActOf2017ChangeInTaxRateIncomeTaxExpenseBenefit
-12992000
CY2016 pmt Tax Cuts And Jobs Act Of2017 Change In Tax Rate Income Tax Expense Benefit
TaxCutsAndJobsActOf2017ChangeInTaxRateIncomeTaxExpenseBenefit
0
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
704000
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
265000
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
489000
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.169
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.207
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.526
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.013
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.014
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.059
CY2018 pmt Tax Cuts And Jobs Act Of2017 Change In Percentage Of Tax Rate Income Tax Expense Benefit
TaxCutsAndJobsActOf2017ChangeInPercentageOfTaxRateIncomeTaxExpenseBenefit
0.00
CY2017 pmt Tax Cuts And Jobs Act Of2017 Change In Percentage Of Tax Rate Income Tax Expense Benefit
TaxCutsAndJobsActOf2017ChangeInPercentageOfTaxRateIncomeTaxExpenseBenefit
-0.104
CY2016 pmt Tax Cuts And Jobs Act Of2017 Change In Percentage Of Tax Rate Income Tax Expense Benefit
TaxCutsAndJobsActOf2017ChangeInPercentageOfTaxRateIncomeTaxExpenseBenefit
0.00
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0.004
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.008
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0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.00
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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-0.227
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-1565000
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-3476000
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-2732000
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-4797000
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DeferredIncomeTaxExpenseBenefitMortgageServicingRights
-15516000
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DeferredIncomeTaxExpenseBenefitMortgageServicingRights
-10597000
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1109000
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-4333000
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DeferredIncomeTaxExpenseBenefitOfOperatingLossCarryforward
19863000
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127110000
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101491000
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74477000
CY2018 us-gaap Net Income Loss Attributable To Parent Diluted
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127110000
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101491000
CY2016 us-gaap Net Income Loss Attributable To Parent Diluted
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74477000
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CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2016 pmt Deferred Income Tax Expense Benefit Of Liability Losses Under Representation And Warranties
DeferredIncomeTaxExpenseBenefitOfLiabilityLossesUnderRepresentationAndWarranties
-2222000
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DeferredIncomeTaxExpenseBenefitExcessInterestExpenseDisallowance
-234000
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DeferredIncomeTaxExpenseBenefitExcessInterestExpenseDisallowance
7304000
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8721000
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CY2017 us-gaap Deferred Other Tax Expense Benefit
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CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
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2416000
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1576000
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0
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0
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CY2017Q4 us-gaap Deferred Income Tax Liabilities
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131500000
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2033
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2036
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0
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0
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CY2017 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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991000
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83196000
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8467000
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8467000
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CY2018Q4 us-gaap Common Stock Dividends Per Share Declared
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CY2017Q4 us-gaap Common Stock Dividends Per Share Declared
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