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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents (includes pledged assets of $1,060,005 and $1,424,160, respectively) [1] $ 1,236,872 $ 1,576,714 [2]
Securities (includes pledged assets of $63,021,106 and $60,660,121, respectively) [3] 71,202,461 65,789,907 [2]
Loans, net (includes pledged assets of $1,101,419 and $1,653,464, respectively) [4] 1,154,320 1,809,832 [2]
Mortgage servicing rights (includes pledged assets of $1,128,460 and $684,703, respectively) 2,018,896 1,748,209 [2]
Assets transferred or pledged to securitization vehicles 11,318,419 9,121,912 [2]
Derivative assets 457,119 342,064 [2]
Receivable for unsettled trades 787,442 575,091 [2]
Principal and interest receivable 944,537 637,301 [2]
Intangible assets, net 15,163 16,679 [2]
Other assets 195,248 233,003 [2]
Total assets 89,330,477 81,850,712 [2]
Liabilities    
Repurchase agreements 61,637,600 59,512,597 [2]
Other secured financing 500,000 250,000 [2]
Debt issued by securitization vehicles 9,789,282 7,744,160 [2]
Participations issued 492,307 800,849 [2]
Derivative liabilities 156,182 204,172 [2]
Payable for unsettled trades 4,331,315 1,157,846 [2]
Interest payable 140,620 325,280 [2]
Dividends payable 321,031 412,113 [2]
Other liabilities 74,795 74,269 [2]
Total liabilities 77,443,132 70,481,286 [2]
Stockholders’ equity    
Preferred stock, par value $0.01 per share, 63,500,000 authorized, issued and outstanding 1,536,569 1,536,569 [2]
Common stock, par value $0.01 per share, 1,468,250,000 and 2,936,500,000 authorized, 493,893,288 and 468,309,810 issued and outstanding, respectively 4,939 4,683 [2]
Additional paid-in capital 23,550,346 22,981,320 [2]
Accumulated other comprehensive income (loss) (2,382,531) (3,708,896) [2]
Accumulated deficit (10,933,044) (9,543,233) [2]
Total stockholders’ equity 11,776,279 11,270,443 [2]
Noncontrolling interests 111,066 98,983 [2]
Total equity 11,887,345 11,369,426 [2]
Total liabilities and equity $ 89,330,477 $ 81,850,712 [2]
Common stock authorized (shares) 1,468,250,000 2,936,500,000
Common stock, par value (USD per share) $ 0.01 $ 0.01
[1] (2)Includes cash of consolidated Variable Interest Entities (“VIEs”) of $3.5 million and $2.2 million at June 30, 2023 and December 31, 2022, respectively.
[2] (1)Derived from the audited consolidated financial statements at December 31, 2022.
[3] (3)Excludes $1.3 billion and $1.0 billion at June 30, 2023 and December 31, 2022, respectively, of non-Agency mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition. 
[4] (4)Includes $1.1 million and $1.3 million of residential mortgage loans held for sale at June 30, 2023 and December 31, 2022, respectively.