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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 379,756 $ 341,934
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 221,564 194,423
Amortization and write-off of financing costs on extinguished debt 31,646 4,912
Gains related to mortgage servicing rights, premiums on loan sales and sales of other assets (98,707) (80,893)
Gains on disposition of real estate held for investment (3,197)  
Net realized and unrealized losses (gains) from investments 271 (7,301)
Equity income from unconsolidated subsidiaries (136,200) (90,402)
Provision for doubtful accounts 11,809 5,578
Compensation expense for equity awards 61,675 48,283
Proceeds from sale of mortgage loans 7,019,614 7,071,928
Origination of mortgage loans (7,552,229) (6,848,102)
Increase (decrease) in warehouse lines of credit 560,825 (199,683)
Distribution of earnings from unconsolidated subsidiaries 131,395 85,952
Tenant concessions received 16,130 7,436
Purchase of equity securities (41,389) (43,525)
Proceeds from sale of equity securities 37,715 34,476
(Increase) decrease in receivables, prepaid expenses and other assets (including contract assets) (198,469) 15,995
Decrease in real estate held for sale and under development 701 9,787
Increase (decrease) in accounts payable and accrued expenses and other liabilities (including contract liabilities) 9,543 (115,288)
Decrease in compensation and employee benefits payable and accrued bonus and profit sharing (496,292) (494,205)
Increase in net income taxes receivable/payable (41,830) (47,384)
Other operating activities, net (6,393) (11,358)
Net cash used in operating activities (92,062) (117,437)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (107,482) (59,863)
Acquisition of businesses, including net assets acquired, intangibles and goodwill, net of cash acquired (264,702) (25,326)
Contributions to unconsolidated subsidiaries (21,042) (32,660)
Distributions from unconsolidated subsidiaries 28,235 23,970
Net proceeds from disposition of real estate held for investment 14,174  
Purchase of equity securities (13,718) (9,280)
Proceeds from sale of equity securities 8,889 9,428
Purchase of available for sale debt securities (18,723) (10,454)
Proceeds from the sale of available for sale debt securities 4,121 7,849
Other investing activities, net (6,384) 2,279
Net cash used in investing activities (376,632) (94,057)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from senior term loans 550,000  
Proceeds from revolving credit facility 2,000,000 911,000
Repayment of revolving credit facility (1,402,000) (911,000)
Repayment of 5.00% senior notes (including premium) (820,000)  
Proceeds from notes payable on real estate held for investment 52  
Repayment of notes payable on real estate held for investment (13,028)  
Proceeds from notes payable on real estate held for sale and under development 1,101 2,137
Repayment of notes payable on real estate held for sale and under development (2,991) (9,189)
Acquisition of businesses (cash paid for acquisitions more than three months after purchase date) (11,183) (15,126)
Repayment of debt assumed in acquisition of FacilitySource (26,295)  
Units repurchased for payment of taxes on equity awards (4,630) (1,900)
Non-controlling interest contributions 2,744 1,941
Non-controlling interest distributions (7,652) (3,904)
Other financing activities, net (76) (3,666)
Net cash provided by (used in) financing activities 266,042 (29,707)
Effect of currency exchange rate changes on cash and cash equivalents and restricted cash (18,821) 20,190
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (221,473) (221,011)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, AT BEGINNING OF PERIOD 824,819 831,412
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, AT END OF PERIOD 603,346 610,401
Cash paid during the period for:    
Interest 59,337 59,490
Income taxes, net $ 159,833 $ 163,885