XML 16 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 1,048,177 $ 1,223,837
Mortgage loans at fair value 12,404,112 7,916,515
Derivative assets 75,438 61,072
Accounts receivable, net 317,458 253,600
Mortgage servicing rights - fair value as of June 30, 2021; amortized cost as of December 31, 2020 (see Note 1 and Note 5) 2,662,556 1,756,864
Premises and equipment, net 130,864 107,572
Operating lease right-of-use asset, net (includes $86,748 and $92,571 with related parties) 87,130 93,098
Finance lease right-of-use asset (includes $29,385 and $0 with related parties) 61,356 22,929
Other assets 57,007 57,989
Total assets 16,844,098 11,493,476
Liabilities and equity    
Warehouse lines of credit 11,249,213 6,941,397
Accounts payable and accrued expenses 1,018,536 847,745
Accrued distributions and dividends payable 160,444 0
Derivative liabilities 82,551 66,237
Equipment note payable 2,583 26,528
Operating lines of credit 0 320,300
Senior notes 1,483,587 789,323
Operating lease liability (includes $97,898 and $104,006 with related parties) 98,280 104,534
Finance lease liability (includes $29,576 and $0 with related parties) 61,918 23,132
Total liabilities 14,157,112 9,119,196
Equity    
Preferred stock, $0.0001 par value - 100,000,000 shares authorized, none issued and outstanding as of June 30, 2021 0  
Additional paid-in capital 187 24,839
Retained earnings 109,397 2,349,441
Non-controlling interest 2,577,242 0
Total equity 2,686,986 2,374,280
Total liabilities and equity 16,844,098 $ 11,493,476
Common Class A    
Equity    
Common stock, $0.0001 par value 10  
Common Class B    
Equity    
Common stock, $0.0001 par value 0  
Common Class C    
Equity    
Common stock, $0.0001 par value 0  
Common Class D    
Equity    
Common stock, $0.0001 par value $ 150