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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 125,072 $ 396,271
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 161,491 149,032
Amortization of financing costs 1,161 1,663
Gains related to mortgage servicing rights, premiums on loan sales and sales of other assets (23,481) (28,422)
Asset impairments 0 10,351
Net realized and unrealized losses, primarily from investments 319 16,690
Provision for doubtful accounts 3,969 3,303
Net compensation expense for equity awards 18,113 36,863
Equity income from unconsolidated subsidiaries (141,682) (42,871)
Distribution of earnings from unconsolidated subsidiaries 177,710 146,743
Proceeds from sale of mortgage loans 2,166,609 3,336,084
Origination of mortgage loans (2,494,589) (3,221,312)
Increase (decrease) in warehouse lines of credit 334,797 (105,326)
Tenant concessions received 528 2,114
Purchase of equity securities (2,137) (8,902)
Proceeds from sale of equity securities 2,120 20,750
Increase in real estate under development (5,943) (41,358)
Increase in receivables, prepaid expenses and other assets (including contract and lease assets) (73,437) (156,061)
Decrease in accounts payable and accrued expenses and other liabilities (including contract and lease liabilities) (73,960) (108,355)
Decrease in compensation and employee benefits payable and accrued bonus and profit sharing (843,509) (725,216)
(Increase) decrease in net income taxes receivable/payable (56,713) 17,722
Other operating activities, net (21,195) (93,270)
Net cash used in operating activities (744,757) (393,507)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (60,284) (42,056)
Acquisition of businesses, including net assets acquired and goodwill, net of cash acquired (44,653) (16,792)
Contributions to unconsolidated subsidiaries (28,998) (44,387)
Distributions from unconsolidated subsidiaries 14,794 12,101
Other investing activities, net 4,074 (4,487)
Net cash used in investing activities (115,067) (95,621)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving credit facility 1,660,000 210,000
Repayment of revolving credit facility (629,000) 0
Proceeds from notes payable on real estate 48 19,368
Repayment of notes payable on real estate 0 (13,954)
Repurchase of common stock (129,808) (367,863)
Acquisition of businesses (cash paid for acquisitions more than three months after purchase date) (60,034) (13,556)
Units repurchased for payment of taxes on equity awards (46,161) (31,395)
Non-controlling interest contributions 567 210
Non-controlling interest distributions (101) (213)
Other financing activities, net (34,474) (11,606)
Net cash provided by (used in) financing activities 761,037 (209,009)
Effect of currency exchange rate changes on cash and cash equivalents and restricted cash 13,727 (49,015)
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (85,060) (747,152)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, AT BEGINNING OF PERIOD 1,404,849 2,539,781
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, AT END OF PERIOD 1,319,789 1,792,629
Cash paid during the period for:    
Interest 39,379 12,826
Income tax payments, net $ 82,059 $ 88,649