Other Assets and Other Liabilities and Accrued Expenses

3 Months Ended

Mar. 31, 2023

Other Assets

The following table presents the components of other assets as reported in the condensed consolidated balance sheets:


	As of
	March 31, 2023		December 31, 2022


Loans eligible for repurchase	$	35,049	$	32,136
Mortgage servicing rights	39,874		41,426
Right of use assets - Operating leases	32,735		31,499
Income tax receivable	6,500		19,790
Furniture, fixtures and equipment, net	27,600		21,829
Prepaid expenses	12,926		18,526
Other	7,222		6,937
Total other assets	$	161,906	$	172,143

The following table presents the depreciation expense related to furniture, fixtures and equipment for the following periods:


	Three Months Ended March 31,
	2023		2022
Depreciation expense related to furniture, fixtures and equipment	$	1,069	$	838

Other Liabilities and Accrued Expenses

The following table presents the components of other liabilities and accrued expenses as reported in the condensed consolidated balance sheets:


	As of
	March 31, 2023		December 31, 2022



Accounts payable and accrued expenses	$	100,304	$	119,394
Loans eligible for repurchase liability	35,049		32,136
Deferred tax liabilities, net	100,841		90,391
Operating lease liabilities	40,036		38,031

Commissions payable	27,064		42,741
Securities sold, not yet purchased	20,577		16,575
Derivative liabilities	16,655		13,201
Other	24,741		15,279
Total other liabilities and accrued expenses	$	365,267	$	367,748

Other Assets

The following table presents the components of other assets as reported in the condensed consolidated balance sheets:


	As of
	March 31, 2023		December 31, 2022


Loans eligible for repurchase	$	35,049	$	32,136
Mortgage servicing rights	39,874		41,426
Right of use assets - Operating leases	32,735		31,499
Income tax receivable	6,500		19,790
Furniture, fixtures and equipment, net	27,600		21,829
Prepaid expenses	12,926		18,526
Other	7,222		6,937
Total other assets	$	161,906	$	172,143

The following table presents the depreciation expense related to furniture, fixtures and equipment for the following periods:


	Three Months Ended March 31,
	2023		2022
Depreciation expense related to furniture, fixtures and equipment	$	1,069	$	838

Other Liabilities and Accrued Expenses

The following table presents the components of other liabilities and accrued expenses as reported in the condensed consolidated balance sheets:


	As of
	March 31, 2023		December 31, 2022



Accounts payable and accrued expenses	$	100,304	$	119,394
Loans eligible for repurchase liability	35,049		32,136
Deferred tax liabilities, net	100,841		90,391
Operating lease liabilities	40,036		38,031

Commissions payable	27,064		42,741
Securities sold, not yet purchased	20,577		16,575
Derivative liabilities	16,655		13,201
Other	24,741		15,279
Total other liabilities and accrued expenses	$	365,267	$	367,748