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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 170,826 $ 150,125
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 105,823 108,165
Amortization and write-off of financing costs on extinguished debt 4,175 29,733
Gains related to mortgage servicing rights, premiums on loan sales and sales of other assets (53,517) (45,078)
Intangible asset impairment 89,037  
Net realized and unrealized (gains) losses from investments (20,853) 4,280
Provision for doubtful accounts 1,867 5,601
Compensation expense for equity awards 29,271 29,570
Equity income from unconsolidated subsidiaries (72,664) (40,179)
Distribution of earnings from unconsolidated subsidiaries 77,158 45,182
Proceeds from sale of mortgage loans 4,453,797 2,910,181
Origination of mortgage loans (4,646,348) (3,132,008)
Increase in warehouse lines of credit 232,446 237,239
Tenant concessions received 3,464 12,634
Purchase of equity securities (62,117) (23,569)
Proceeds from sale of equity securities 25,730 20,001
(Increase) decrease in receivables, prepaid expenses and other assets (including contract and lease assets) (172,218) 69,971
Decrease in accounts payable and accrued expenses and other liabilities (including contract and lease liabilities) (33,982) (146,221)
Decrease in compensation and employee benefits payable and accrued bonus and profit sharing (519,719) (483,031)
(Increase) decrease in income taxes receivable/payable (11,344) 4,668
Other operating activities, net (2,721) (7,222)
Net cash used in operating activities (401,889) (249,958)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (47,665) (46,724)
Acquisition of businesses, including net assets acquired, intangibles and goodwill, net of cash acquired (2,142)  
Contributions to unconsolidated subsidiaries (23,562) (10,611)
Distributions from unconsolidated subsidiaries 5,974 15,216
Purchase of equity securities (2,867) (10,219)
Proceeds from sale of equity securities 4,356 4,367
Purchase of available for sale debt securities   (12,066)
Proceeds from the sale of available for sale debt securities 603 2,264
Other investing activities, net 679 (6,439)
Net cash used in investing activities (64,624) (64,212)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from senior term loans 300,000 550,000
Repayment of senior term loans (300,000)  
Proceeds from revolving credit facility 507,000 898,000
Repayment of revolving credit facility (171,000) (435,000)
Repayment of 5.00% senior notes (including premium)   (820,000)
Repurchase of common stock (45,088)  
Acquisition of businesses (cash paid for acquisitions more than three months after purchase date) (17,185) (8,049)
Units repurchased for payment of taxes on equity awards (9,186) (4,550)
Non-controlling interest contributions 40,774 1,595
Non-controlling interest distributions (1,347) (1,025)
Payment of financing costs (3,374) (39)
Other financing activities, net (566) 413
Net cash (used in) provided by financing activities 300,028 181,345
Effect of currency exchange rate changes on cash and cash equivalents and restricted cash (9,791) 29,819
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (176,276) (103,006)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, AT BEGINNING OF PERIOD 863,944 824,819
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, AT END OF PERIOD 687,668 721,813
Cash paid during the period for:    
Interest 33,606 48,994
Income taxes, net $ 54,241 $ 37,219