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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 331,226 $ 886,187
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 315,878 311,391
Amortization of financing costs 2,305 3,407
Gains related to mortgage servicing rights, premiums on loan sales and sales of other assets (45,340) (87,150)
Asset impairments 0 36,756
Net realized and unrealized (gains) losses, primarily from investments (2,935) 27,251
Provision for doubtful accounts 6,412 7,781
Net compensation expense for equity awards 38,796 82,322
Equity income from unconsolidated subsidiaries (134,181) (162,039)
Distribution of earnings from unconsolidated subsidiaries 183,068 315,255
Proceeds from sale of mortgage loans 4,356,448 7,270,423
Origination of mortgage loans (4,893,898) (6,984,779)
Increase (decrease) in warehouse lines of credit 549,395 (259,502)
Tenant concessions received 6,515 4,250
Purchase of equity securities (8,309) (13,931)
Proceeds from sale of equity securities 7,503 25,296
(Increase) decrease in real estate under development (36,542) 74,127
Increase in receivables, prepaid expenses and other assets (including contract and lease assets) (101,074) (509,350)
Decrease in accounts payable and accrued expenses and other liabilities (including contract and lease liabilities) (313,243) (194,236)
Decrease in compensation and employee benefits payable and accrued bonus and profit sharing (810,852) (573,809)
Increase in net income taxes receivable/payable (157,326) (60,160)
Other operating activities, net (49,471) (138,574)
Net cash (used in) provided by operating activities (755,625) 60,916
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (135,012) (96,722)
Acquisition of businesses, including net assets acquired and goodwill, net of cash acquired (165,539) (45,377)
Contributions to unconsolidated subsidiaries (59,800) (220,492)
Distributions from unconsolidated subsidiaries 20,787 42,006
Other investing activities, net (29,754) (8,357)
Net cash used in investing activities (369,318) (328,942)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving credit facility 3,206,000 310,000
Repayment of revolving credit facility (2,801,000) 0
Proceeds from notes payable on real estate 219 15,706
Repayment of notes payable on real estate 0 (16,544)
Proceeds from issuance of 5.950% senior notes 975,253 0
Repurchase of common stock (129,808) (993,769)
Acquisition of businesses (cash paid for acquisitions more than three months after purchase date) (68,239) (28,431)
Units repurchased for payment of taxes on equity awards (50,217) (34,841)
Non-controlling interest contributions 1,744 713
Non-controlling interest distributions (1,398) (370)
Other financing activities, net (57,777) (12,960)
Net cash provided by (used in) financing activities 1,074,777 (760,496)
Effect of currency exchange rate changes on cash and cash equivalents and restricted cash 2,643 (180,543)
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (47,523) (1,209,065)
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 1,357,326 1,330,716
Cash paid during the period for:    
Interest 91,301 27,745
Income tax payments, net $ 303,394 $ 336,266