XML 99 R87.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value of Financial Instruments - Schedule of Significant Inputs used in the Valuation of Level 3 Assets (Details)
$ in Thousands
Sep. 30, 2023
USD ($)
Dec. 31, 2022
USD ($)
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Derivative assets $ 4,208 $ 4,267
Mortgage servicing rights 43,458 41,426
Equity securities 63,456 85,776
Loans, at fair value 75,975 64,843
Significant unobservable inputs Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Total 61,937 63,123
Total liabilities 5,608 8,195
Significant unobservable inputs Level 3 | Fortegra Additional Warrants (Warburg)    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Warrants 2,680 5,291
Significant unobservable inputs Level 3 | Contingent consideration payable    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Contingent consideration payable 2,928 2,904
Significant unobservable inputs Level 3 | Recurring    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Derivative assets 3,014 3,652
Mortgage servicing rights 43,458 41,426
Loans, at fair value 9,197 11,208
Total 61,958 63,590
Warrants 2,680 5,291
Contingent consideration payable 2,928 2,904
Significant unobservable inputs Level 3 | Interest rate lock commitments    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Derivative assets 3,002 3,652
Significant unobservable inputs Level 3 | Mortgage servicing rights | Recurring    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Mortgage servicing rights 43,458 41,426
Significant unobservable inputs Level 3 | Dividends from equity securities | Recurring    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Equity securities 6,280 6,885
Significant unobservable inputs Level 3 | Dividends from equity securities | Recurring | Equity securities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Equity securities 6,280 6,837
Significant unobservable inputs Level 3 | Corporate loans | Recurring    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Loans, at fair value 9,197 11,208
Significant unobservable inputs Level 3 | Corporate loans | Recurring | Corporate loans    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Loans, at fair value $ 9,197 $ 11,208
Pull through rate | Significant unobservable inputs Level 3 | Interest rate lock commitments | Internal model | Minimum    
Unobservable input(s)    
Pull through rate 0.45 0.55
Pull through rate | Significant unobservable inputs Level 3 | Interest rate lock commitments | Internal model | Maximum    
Unobservable input(s)    
Pull through rate 0.95 0.95
Pull through rate | Significant unobservable inputs Level 3 | Interest rate lock commitments | Internal model | Average    
Unobservable input(s)    
Pull through rate 0.59 0.65
Discount rate | Significant unobservable inputs Level 3 | External model | Minimum | Fortegra Additional Warrants (Warburg)    
Unobservable input(s)    
Warrants, measurement input 0.03 0.03
Discount rate | Significant unobservable inputs Level 3 | External model | Maximum | Fortegra Additional Warrants (Warburg)    
Unobservable input(s)    
Warrants, measurement input 0.05 0.05
Discount rate | Significant unobservable inputs Level 3 | External model | Average | Fortegra Additional Warrants (Warburg)    
Unobservable input(s)    
Warrants, measurement input 0.046 0.033
Discount rate | Significant unobservable inputs Level 3 | Mortgage servicing rights | External model | Minimum    
Unobservable input(s)    
Servicing asset, measurement input 0.10 0.09
Discount rate | Significant unobservable inputs Level 3 | Mortgage servicing rights | External model | Maximum    
Unobservable input(s)    
Servicing asset, measurement input 0.13 0.14
Discount rate | Significant unobservable inputs Level 3 | Mortgage servicing rights | External model | Average    
Unobservable input(s)    
Servicing asset, measurement input 0.10 0.09
Cost to service | Significant unobservable inputs Level 3 | Mortgage servicing rights | External model | Minimum    
Unobservable input(s)    
Servicing asset, measurement input 65 65
Cost to service | Significant unobservable inputs Level 3 | Mortgage servicing rights | External model | Maximum    
Unobservable input(s)    
Servicing asset, measurement input 80 80
Cost to service | Significant unobservable inputs Level 3 | Mortgage servicing rights | External model | Average    
Unobservable input(s)    
Servicing asset, measurement input 73 72
Prepayment speed | Significant unobservable inputs Level 3 | Mortgage servicing rights | External model | Minimum    
Unobservable input(s)    
Servicing asset, measurement input 0.03 0.04
Prepayment speed | Significant unobservable inputs Level 3 | Mortgage servicing rights | External model | Maximum    
Unobservable input(s)    
Servicing asset, measurement input 1 0.85
Prepayment speed | Significant unobservable inputs Level 3 | Mortgage servicing rights | External model | Average    
Unobservable input(s)    
Servicing asset, measurement input 0.09 0.09
Forecast EBITDAR | Significant unobservable inputs Level 3 | Dividends from equity securities | Internal model | Minimum | Equity securities    
Unobservable input(s)    
Equity securities, measurement input 1,039,000,000 728,000,000
Forecast EBITDAR | Significant unobservable inputs Level 3 | Dividends from equity securities | Internal model | Maximum | Equity securities    
Unobservable input(s)    
Equity securities, measurement input 1,422,000,000 1,039,000,000
Bid marks/EBITDA | Significant unobservable inputs Level 3 | Corporate loans | External model | Corporate loans    
Unobservable input(s)    
Loan receivable, measurement input   170,000,000
Bid marks/EBITDA | Significant unobservable inputs Level 3 | Corporate loans | External model | Minimum | Corporate loans    
Unobservable input(s)    
Loan receivable, measurement input 74,000  
Bid marks/EBITDA | Significant unobservable inputs Level 3 | Corporate loans | External model | Maximum | Corporate loans    
Unobservable input(s)    
Loan receivable, measurement input 75,000  
Bid marks/EBITDA | Significant unobservable inputs Level 3 | Corporate loans | External model | Average | Corporate loans    
Unobservable input(s)    
Loan receivable, measurement input 74,500  
Implied Equity Volatility | Significant unobservable inputs Level 3 | External model | Minimum | Fortegra Additional Warrants (Warburg)    
Unobservable input(s)    
Warrants, measurement input 0.40 0.40
Implied Equity Volatility | Significant unobservable inputs Level 3 | External model | Maximum | Fortegra Additional Warrants (Warburg)    
Unobservable input(s)    
Warrants, measurement input 0.50 0.50
Implied Equity Volatility | Significant unobservable inputs Level 3 | External model | Average | Fortegra Additional Warrants (Warburg)    
Unobservable input(s)    
Warrants, measurement input 0.45 0.45
Forecast Cash EBITDA | Significant unobservable inputs Level 3 | Cash Flow model | Minimum | Contingent consideration payable    
Unobservable input(s)    
Contingent consideration, payable, measurement input 2,500 2,500
Forecast Cash EBITDA | Significant unobservable inputs Level 3 | Cash Flow model | Maximum | Contingent consideration payable    
Unobservable input(s)    
Contingent consideration, payable, measurement input 4,000 4,000
Forecast Underwriting EBITDA | Significant unobservable inputs Level 3 | Cash Flow model | Minimum | Contingent consideration payable    
Unobservable input(s)    
Contingent consideration, payable, measurement input 0 0
Forecast Underwriting EBITDA | Significant unobservable inputs Level 3 | Cash Flow model | Maximum | Contingent consideration payable    
Unobservable input(s)    
Contingent consideration, payable, measurement input 2,000 2,000