CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Interest income	$ 321,292	$ 327,947
Interest expense	217,676	219,373
Net interest income	103,616	108,574
Other revenue:
Gain on sales, including fee-based services, net	16,666	14,589
Mortgage servicing rights	10,199	18,458
Servicing revenue, net	31,526	29,565
Property operating income	1,570	1,381
Gain (loss) on derivative instruments, net	(5,257)	4,223
Other income, net	2,333	4,882
Total other revenue	57,037	73,098
Other expenses:
Employee compensation and benefits	47,694	42,399
Selling and administrative	13,933	13,623
Property operating expenses	1,678	1,383
Depreciation and amortization	2,571	2,624
Provision for loss sharing (net of recoveries)	273	3,177
Provision for credit losses (net of recoveries)	19,118	22,517
Total other expenses	85,267	85,723
Income before income from equity affiliates and income taxes	75,386	95,949
Income from equity affiliates	1,418	14,326
Provision for income taxes	(3,592)	(8,029)
Net income	73,212	102,246
Preferred stock dividends	10,342	10,342
Net income attributable to noncontrolling interest	4,997	7,585
Net income attributable to common stockholders	$ 57,873	$ 84,319
Earnings per common share
Basic earnings per common share (in dollars per share)	$ 0.31	$ 0.47
Diluted earnings per common share (in dollars per share)	$ 0.31	$ 0.46
Weighted average shares outstanding:
Basic (in shares)	188,710,390	181,116,674
Diluted (in shares)	222,926,076	214,910,974
Dividends declared per common share (in dollars per share)	$ 0.43	$ 0.40

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.