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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,149,041 $ 440,482
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 363,727 357,903
Amortization of financing costs 5,080 4,632
Gains related to mortgage servicing rights, premiums on loan sales and sales of other assets (198,131) (179,506)
Asset impairments 0 75,171
Net realized and unrealized gains, primarily from investments (26,898) (12,974)
Provision for doubtful accounts 24,489 49,498
Net compensation expense for equity awards 133,308 41,841
Equity income from unconsolidated subsidiaries (459,535) (72,487)
Distribution of earnings from unconsolidated subsidiaries 382,831 103,796
Proceeds from sale of mortgage loans 12,767,544 11,565,281
Origination of mortgage loans (12,712,118) (11,727,227)
(Decrease) increase in warehouse lines of credit (192) 214,659
Tenant concessions received 18,645 28,617
Purchase of equity securities (5,281) (8,932)
Proceeds from sale of equity securities 6,856 11,210
Increase in real estate under development (123,580) (68,178)
(Increase) decrease in receivables, prepaid expenses and other assets (including contract and lease assets) (255,161) 610,058
Decrease in accounts payable and accrued expenses and other liabilities (including contract and lease liabilities) (107,756) (98,977)
Increase (decrease) in compensation and employee benefits payable and accrued bonus and profit sharing 176,413 (550,932)
Decrease in net income taxes receivable/payable 42,100 118,736
Other operating activities, net 18,739 (12,313)
Net cash provided by operating activities 1,200,121 890,358
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (121,409) (190,546)
Acquisition of businesses, including net assets acquired, intangibles and goodwill, net of cash acquired (71,373) (25,923)
Contributions to unconsolidated subsidiaries (400,967) (72,058)
Distributions from unconsolidated subsidiaries 63,776 66,409
Other investing activities, net (25,433) 15,631
Net cash used in investing activities (555,406) (206,487)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving credit facility 0 835,671
Repayment of revolving credit facility 0 (835,671)
Proceeds from notes payable on real estate 71,157 40,263
Repayment of notes payable on real estate (13,944) (24,704)
Proceeds from issuance of 2.500% senior notes 492,255 0
Repurchase of common stock (188,285) (50,028)
Acquisition of businesses (cash paid for acquisitions more than three months after purchase date) (3,421) (34,400)
Units repurchased for payment of taxes on equity awards (36,747) (41,627)
Non-controlling interest contributions 652 1,977
Non-controlling interest distributions (4,026) (2,471)
Other financing activities, net (42,767) (30,050)
Net cash provided by (used in) financing activities 274,874 (141,040)
Effect of currency exchange rate changes on cash and cash equivalents and restricted cash (82,714) 9,981
NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 836,875 552,812
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 2,876,122 1,646,557
Cash paid during the period for:    
Interest 29,131 60,415
Income tax payments, net $ 220,955 $ 4,137