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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CONSOLIDATED STATEMENTS OF INCOME      
Interest income $ 948,401 $ 466,087 $ 339,465
Interest expense 557,617 212,005 169,216
Net interest income 390,784 254,082 170,249
Other revenue:      
Gain on sales, including fee-based services, net 55,816 123,037 94,607
Mortgage servicing rights 69,346 130,230 165,517
Servicing revenue, net 92,192 74,814 54,385
Property operating income 1,877 185 3,976
Gain (loss) on derivative instruments, net 26,609 (2,684) (58,335)
Other income, net (17,563) 7,566 4,109
Total other revenue 228,277 333,148 264,259
Other expenses:      
Employee compensation and benefits 161,825 171,796 144,380
Selling and administrative 53,990 45,575 37,348
Property operating expenses 2,136 718 4,898
Depreciation and amortization 8,732 7,215 7,640
Provision for loss sharing (net of recoveries) 1,862 (6,167) 14,822
Provision for credit losses (net of recoveries) 21,169 (21,113) 61,110
Litigation settlement 7,350    
Total other expenses 257,064 198,024 270,198
Income before extinguishment of debt, sale of real estate, income from equity affiliates and income taxes 361,997 389,206 164,310
Loss on extinguishment of debt (4,933) (3,374) (3,546)
Gain (loss) on sale of real estate   3,693 (375)
Income from equity affiliates 14,247 34,567 76,161
Provision for income taxes (17,484) (46,285) (40,393)
Net income 353,827 377,807 196,157
Preferred stock dividends 40,954 21,888 7,554
Net income attributable to noncontrolling interest 28,044 38,507 25,208
Net income attributable to common stockholders $ 284,829 $ 317,412 $ 163,395
Basic earnings per common share $ 1.72 $ 2.30 $ 1.44
Diluted earnings per common share $ 1.67 $ 2.28 $ 1.41
Weighted average shares outstanding:      
Basic 165,355,167 137,830,691 113,811,471
Diluted 199,112,630 156,089,595 133,969,296