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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 886,187 $ 712,419
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 311,391 241,163
Amortization of financing costs 3,407 3,317
Gains related to mortgage servicing rights, premiums on loan sales and sales of other assets (87,150) (132,004)
Asset impairments 36,756 0
Net realized and unrealized losses (gains), primarily from investments 27,251 (14,777)
Provision for doubtful accounts 7,781 12,789
Net compensation expense for equity awards 82,322 85,233
Equity income from unconsolidated subsidiaries (162,039) (295,726)
Distribution of earnings from unconsolidated subsidiaries 315,255 232,627
Proceeds from sale of mortgage loans 7,270,423 7,902,512
Origination of mortgage loans (6,984,779) (7,578,056)
Decrease in warehouse lines of credit (259,502) (281,808)
Tenant concessions received 4,250 12,874
Purchase of equity securities (13,931) (3,896)
Proceeds from sale of equity securities 25,296 5,488
Decrease (increase) in real estate under development 74,127 (27,894)
Increase in receivables, prepaid expenses and other assets (including contract and lease assets) (509,350) (100,368)
Decrease in accounts payable and accrued expenses and other liabilities (including contract and lease liabilities) (194,236) (275,591)
Decrease in compensation and employee benefits payable and accrued bonus and profit sharing (573,809) (359,365)
(Increase) decrease in net income taxes receivable/payable (60,160) 83,325
Other operating activities, net (138,574) 4,856
Net cash provided by operating activities 60,916 227,118
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (96,722) (75,944)
Acquisition of businesses, including net assets acquired and goodwill, net of cash acquired (45,377) (57,920)
Contributions to unconsolidated subsidiaries (220,492) (245,714)
Distributions from unconsolidated subsidiaries 42,006 36,207
Other investing activities, net (8,357) (1,120)
Net cash used in investing activities (328,942) (344,491)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net proceeds from revolving credit facility 310,000 0
Proceeds from notes payable on real estate 15,706 48,548
Repayment of notes payable on real estate (16,544) 0
Proceeds from issuance of 2.500% senior notes 0 492,255
Repurchase of common stock (993,769) (88,275)
Acquisition of businesses (cash paid for acquisitions more than three months after purchase date) (28,431) (3,421)
Units repurchased for payment of taxes on equity awards (34,841) (36,275)
Non-controlling interest contributions 713 527
Non-controlling interest distributions (370) (3,377)
Other financing activities, net (12,960) (30,958)
Net cash (used in) provided by financing activities (760,496) 379,024
Effect of currency exchange rate changes on cash and cash equivalents and restricted cash (180,543) (44,089)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (1,209,065) 217,562
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 1,330,716 2,256,809
Cash paid during the period for:    
Interest 27,745 16,212
Income tax payments, net $ 336,266 $ 131,156