Other Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2017

Other assets at March 31, 2017 and December 31, 2016, are summarized in the following table.

Table 10.1 – Components of Other Assets



(In Thousands)	March 31, 2017		December 31, 2016
Margin receivable	$	83,229	$	68,038
FHLBC stock	43,393		43,393
Pledged collateral	42,916		42,875
REO	3,953		5,533
Guarantee asset	3,846		4,092
Fixed assets and leasehold improvements ⁽¹⁾	3,309		2,750
Commercial loans	2,700		2,700
Prepaid expenses	1,691		1,639
Investment receivable	712		1,068
Other	11,333		9,857
Total Other Assets	$	197,082	$	181,945


(1)	Fixed assets and leasehold improvements have a basis of $6 million and accumulated depreciation of $3 million at March 31, 2017.

Accrued expenses and other liabilities at March 31, 2017 and December 31, 2016 are summarized in the following table.

Table 10.2 – Components of Accrued Expenses and Other Liabilities



(In Thousands)	March 31, 2017		December 31, 2016
Guarantee obligations	$	21,082	$	21,668
Accrued compensation	7,923		18,830
Accrued taxes payable	6,792		525
Residential loan and MSR repurchase reserve	5,617		5,432
Margin payable	3,394		12,783
Legal reserve	2,000		2,000
Accrued operating expenses	1,489		4,493
Deferred tax liability	898		898
Current accounts payable	776		1,151
Other	1,989		4,648
Total Other Liabilities	$	51,960	$	72,428