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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 396,271 $ 268,977
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 149,032 122,078
Amortization of financing costs 1,663 1,609
Gains related to mortgage servicing rights, premiums on loan sales and sales of other assets (28,422) (72,045)
Asset impairments 10,351 0
Net realized and unrealized losses (gains), primarily from investments 16,690 (2,732)
Provision for doubtful accounts 3,303 731
Net compensation expense for equity awards 36,863 35,786
Equity income from unconsolidated subsidiaries (42,871) (83,594)
Distribution of earnings from unconsolidated subsidiaries 146,743 32,986
Proceeds from sale of mortgage loans 3,336,084 4,643,685
Origination of mortgage loans (3,221,312) (3,909,261)
Decrease in warehouse lines of credit (105,326) (708,491)
Tenant concessions received 2,114 1,578
Purchase of equity securities (8,902) (2,398)
Proceeds from sale of equity securities 20,750 3,017
Increase in real estate under development (41,358) (15,901)
(Increase) decrease in receivables, prepaid expenses and other assets (including contract and lease assets) (156,061) 161,221
Decrease in accounts payable and accrued expenses and other liabilities (including contract and lease liabilities) (108,355) (245,522)
Decrease in compensation and employee benefits payable and accrued bonus and profit sharing (725,216) (469,213)
Decrease in net income taxes receivable/payable 17,722 41,660
Other operating activities, net (93,270) 2,381
Net cash used in operating activities (393,507) (193,448)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (42,056) (29,597)
Acquisition of businesses, including net assets acquired and goodwill, net of cash acquired (16,792) (2,726)
Contributions to unconsolidated subsidiaries (44,387) (168,392)
Distributions from unconsolidated subsidiaries 12,101 6,795
Other investing activities, net (4,487) 16
Net cash used in investing activities (95,621) (193,904)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving credit facility 210,000 0
Proceeds from notes payable on real estate 19,368 23,737
Repayment of notes payable on real estate (13,954) 0
Proceeds from issuance of 2.500% senior notes 0 492,255
Repurchase of common stock (367,863) (61,108)
Acquisition of businesses (cash paid for acquisitions more than three months after purchase date) (13,556) (512)
Units repurchased for payment of taxes on equity awards (31,395) (34,883)
Non-controlling interest contributions 210 72
Non-controlling interest distributions (213) (2,652)
Other financing activities, net (11,606) (14,943)
Net cash (used in) provided by financing activities (209,009) 401,966
Effect of currency exchange rate changes on cash and cash equivalents and restricted cash (49,015) (52,154)
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (747,152) (37,540)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, AT BEGINNING OF PERIOD 2,539,781 2,039,247
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, AT END OF PERIOD 1,792,629 2,001,707
Cash paid during the period for:    
Interest 12,826 15,080
Income tax payments, net $ 88,649 $ 38,508