CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Interest income	$ 335,737	$ 201,328	$ 663,685	$ 368,026
Interest expense	227,195	107,067	446,569	189,627
Net interest income	108,542	94,261	217,116	178,399
Other revenue:
Gain on sales, including fee-based services, net	22,587	16,510	37,176	18,166
Mortgage servicing rights	16,201	17,567	34,659	32,879
Servicing revenue, net	32,347	20,714	61,913	41,769
Property operating income	1,430	290	2,811	586
Gain (loss) on derivative instruments, net	(7,384)	8,606	(3,161)	25,992
Other income (loss), net	45	(13,249)	4,923	(10,048)
Total other revenue	65,226	50,438	138,321	109,344
Other expenses:
Employee compensation and benefits	41,310	38,900	83,708	80,925
Selling and administrative	12,584	13,188	26,207	27,735
Property operating expenses	1,365	542	2,747	1,077
Depreciation and amortization	2,387	2,031	5,011	4,014
Provision for loss sharing (net of recoveries)	7,672	(1,949)	10,848	(2,611)
Provision for credit losses (net of recoveries)	13,878	5,067	36,395	7,426
Total other expenses	79,196	57,779	164,916	118,566
Income before extinguishment of debt, income from equity affiliates and income taxes	94,572	86,920	190,521	169,177
Loss on extinguishment of debt	(1,247)	0	(1,247)	(1,350)
Income from equity affiliates	5,560	6,547	19,886	13,759
Provision for income taxes	(5,553)	(5,352)	(13,582)	(13,540)
Net income	93,332	88,115	195,578	168,046
Preferred stock dividends	10,342	11,214	20,684	20,270
Net income attributable to noncontrolling interest	6,826	6,992	14,411	13,808
Net income attributable to common stockholders	$ 76,164	$ 69,909	$ 160,483	$ 133,968
Earnings per common share
Basic earnings per common share (in dollars per share)	$ 0.42	$ 0.43	$ 0.88	$ 0.85
Diluted earnings per common share (in dollars per share)	$ 0.41	$ 0.41	$ 0.87	$ 0.82
Weighted average shares outstanding:
Basic (in shares)	181,815,469	163,044,217	181,468,002	158,258,813
Diluted (in shares)	216,061,876	195,013,810	215,489,604	190,357,030
Dividends declared per common share (in dollars per share)	$ 0.42	$ 0.38	$ 0.82	$ 0.75

All amounts that, per contract, are due to the servicer in exchange for servicing the financial asset and would no longer be received by a servicer if the beneficial owners of the serviced assets (or their trustees or agents) were to exercise their actual or potential authority under the contract to shift the servicing to another servicer, net of amortization of mortgage servicing rights (MSRs).

No definition available.