XML 136 R124.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information - Financial Information by Segment (Detail) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Segment Reporting Information [Line Items]        
Interest income $ 66,787 $ 63,373 $ 129,115 $ 127,119
Interest expense (22,444) (23,008) (46,394) (46,969)
Net Interest Income 44,343 40,365 82,721 80,150
Reversal of provision for loan losses 6,532 261 6,243 55
Mortgage banking activities, net 7,728 7,447 14,946 9,373
MSR income (loss), net 2,783 830 9,064 (10,094)
Investment fair value changes, net (11,066) (1,788) (30,604) (2,936)
Other income 1,559 1,299 2,514 2,108
Realized gains, net 9,884 6,316 19,422 10,622
Total non-interest income (loss), net 10,888 14,104 15,342 9,073
Direct operating expenses (20,155) (25,218) (50,607) (50,281)
(Provision for) benefit from income taxes (327) (2,448) (355) 2,868
Net Income 41,281 27,064 53,344 41,865
Non-cash amortization income (expense) 5,296 8,207 12,315 16,968
Operating Segments | Residential Mortgage Banking        
Segment Reporting Information [Line Items]        
Interest income 7,910 9,976 15,779 25,771
Interest expense (3,604) (3,298) (6,893) (7,076)
Net Interest Income 4,306 6,678 8,886 18,695
Reversal of provision for loan losses 0 0 0 0
Mortgage banking activities, net 7,728 4,833 17,008 7,052
MSR income (loss), net 0 0 0 0
Investment fair value changes, net 0 0 0 0
Other income 0 0 0 0
Realized gains, net 0 0 0 0
Total non-interest income (loss), net 7,728 4,833 17,008 7,052
Direct operating expenses (6,047) (11,033) (11,368) (21,936)
(Provision for) benefit from income taxes 0 865 0 872
Net Income 5,987 1,343 14,526 4,683
Non-cash amortization income (expense) (31) (44) (74) (90)
Operating Segments | Residential Investments        
Segment Reporting Information [Line Items]        
Interest income 40,895 34,249 80,831 64,261
Interest expense (4,652) (2,660) (9,605) (5,469)
Net Interest Income 36,243 31,589 71,226 58,792
Reversal of provision for loan losses 0 0 0 0
Mortgage banking activities, net 0 0 0 0
MSR income (loss), net 2,783 830 9,064 (10,094)
Investment fair value changes, net (11,121) (1,104) (28,886) (1,123)
Other income 1,532 1,299 2,487 2,108
Realized gains, net 10,075 6,316 19,321 10,622
Total non-interest income (loss), net 3,269 7,341 1,986 1,513
Direct operating expenses (2,158) (1,171) (4,019) (2,289)
(Provision for) benefit from income taxes (327) (3,768) (355) (258)
Net Income 37,027 33,991 68,838 57,758
Non-cash amortization income (expense) 6,339 9,324 14,407 19,162
Operating Segments | Commercial Mortgage Banking and Investments        
Segment Reporting Information [Line Items]        
Interest income 13,151 12,679 22,732 23,593
Interest expense (1,507) (3,497) (4,459) (6,986)
Net Interest Income 11,644 9,182 18,273 16,607
Reversal of provision for loan losses 6,532 261 6,243 55
Mortgage banking activities, net 0 2,614 (2,062) 2,321
MSR income (loss), net 0 0 0 0
Investment fair value changes, net 342 0 205 0
Other income 27 0 27 0
Realized gains, net (191) 0 (191) 0
Total non-interest income (loss), net 178 2,614 (2,021) 2,321
Direct operating expenses (669) (3,020) (2,271) (6,502)
(Provision for) benefit from income taxes 0 (143) 0 710
Net Income 17,685 8,894 20,224 13,191
Non-cash amortization income (expense) (7) (78) (23) (128)
Corporate/Other        
Segment Reporting Information [Line Items]        
Interest income 4,831 6,469 9,773 13,494
Interest expense (12,681) (13,553) (25,437) (27,438)
Net Interest Income (7,850) (7,084) (15,664) (13,944)
Reversal of provision for loan losses 0 0 0 0
Mortgage banking activities, net 0 0 0 0
MSR income (loss), net 0 0 0 0
Investment fair value changes, net (287) (684) (1,923) (1,813)
Other income 0 0 0 0
Realized gains, net 0 0 292 0
Total non-interest income (loss), net (287) (684) (1,631) (1,813)
Direct operating expenses (11,281) (9,994) (32,949) (19,554)
(Provision for) benefit from income taxes 0 598 0 1,544
Net Income (19,418) (17,164) (50,244) (33,767)
Non-cash amortization income (expense) $ (1,005) $ (995) $ (1,995) $ (1,976)