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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CONSOLIDATED STATEMENTS OF INCOME      
Interest income $ 466,087 $ 339,465 $ 315,940
Interest expense 212,005 169,216 186,399
Net interest income 254,082 170,249 129,541
Other revenue:      
Gain on sales, including fee-based services, net 123,037 94,607 65,652
Mortgage servicing rights 130,230 165,517 90,761
Servicing revenue, net 74,814 54,385 54,542
Property operating income 185 3,976 9,674
Loss on derivative instruments, net (2,684) (58,335) (1,962)
Other income, net 7,566 4,109 1,178
Total other revenue 333,148 264,259 219,845
Other expenses:      
Employee compensation and benefits 171,796 144,380 122,102
Selling and administrative 45,575 37,348 40,329
Property operating expenses 718 4,898 10,220
Depreciation and amortization 7,215 7,640 7,510
Impairment loss on real estate owned     1,000
Provision for loss sharing (net of recoveries) (6,167) 14,822 1,147
Provision for credit losses (net of recoveries) (21,113) 61,110  
Total other expenses 198,024 270,198 182,308
Income before extinguishment of debt, gain (loss) on real estate, income from equity affiliates and income taxes 389,206 164,310 167,078
Gain (loss) on real estate (3,374) (3,546) (7,439)
Loss on sale of real estate 3,693 (375)  
Income from equity affiliates 34,567 76,161 10,635
Provision for income taxes (46,285) (40,393) (15,036)
Net income 377,807 196,157 155,238
Preferred stock dividends 21,888 7,554 7,554
Net income attributable to noncontrolling interest 38,507 25,208 26,610
Net income attributable to common stockholders $ 317,412 $ 163,395 $ 121,074
Basic earnings per common share $ 2.30 $ 1.44 $ 1.30
Diluted earnings per common share $ 2.28 $ 1.41 $ 1.27
Weighted average shares outstanding:      
Basic 137,830,691 113,811,471 92,851,327
Diluted 156,089,595 133,969,296 116,192,951