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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 712,419 $ 255,642
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 241,163 230,178
Amortization of financing costs 3,317 3,082
Gains related to mortgage servicing rights, premiums on loan sales and sales of other assets (132,004) (105,697)
Asset impairments 0 75,171
Net realized and unrealized gains, primarily from investments (14,777) (5,027)
Provision for doubtful accounts 12,789 29,923
Net compensation expense for equity awards 85,233 19,704
Equity income from unconsolidated subsidiaries (295,726) (40,111)
Distribution of earnings from unconsolidated subsidiaries 232,627 52,664
Proceeds from sale of mortgage loans 7,902,512 7,421,127
Origination of mortgage loans (7,578,056) (7,162,747)
Decrease in warehouse lines of credit (281,808) (223,281)
Tenant concessions received 12,874 23,384
Purchase of equity securities (3,896) (6,627)
Proceeds from sale of equity securities 5,488 8,909
(Increase) decrease in real estate under development (27,894) 701
(Increase) decrease in receivables, prepaid expenses and other assets (including contract and lease assets) (100,368) 276,065
Decrease in accounts payable and accrued expenses and other liabilities (including contract and lease liabilities) (275,591) (112,173)
Decrease in compensation and employee benefits payable and accrued bonus and profit sharing (359,365) (816,621)
Decrease in net income taxes receivable/payable 83,325 125,361
Other operating activities, net 4,856 (25,473)
Net cash provided by operating activities 227,118 24,154
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (75,944) (134,149)
Acquisition of businesses, including net assets acquired, intangibles and goodwill, net of cash acquired (57,920) (25,911)
Contributions to unconsolidated subsidiaries (245,714) (51,168)
Distributions from unconsolidated subsidiaries 36,207 63,972
Other investing activities, net (1,120) 11,314
Net cash used in investing activities (344,491) (135,942)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving credit facility 0 835,671
Repayment of revolving credit facility 0 (384,671)
Proceeds from notes payable on real estate 48,548 22,705
Proceeds from issuance of 2.500% senior notes 492,255 0
Repurchase of common stock (88,275) (50,028)
Acquisition of businesses (cash paid for acquisitions more than three months after purchase date) (3,421) (6,839)
Units repurchased for payment of taxes on equity awards (36,275) (37,358)
Non-controlling interest contributions 527 1,428
Non-controlling interest distributions (3,377) (1,092)
Other financing activities, net (30,958) (20,944)
Net cash provided by financing activities 379,024 358,872
Effect of currency exchange rate changes on cash and cash equivalents and restricted cash (44,089) (27,095)
NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 217,562 219,989
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, AT BEGINNING OF PERIOD 2,039,247 1,093,745
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, AT END OF PERIOD 2,256,809 1,313,734
Cash paid during the period for:    
Interest 16,212 31,145
Income tax payments (refunds), net $ 131,156 $ (53,829)