Other Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2017

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

Table 10.1 – Components of Other Assets



(In Thousands)	December 31, 2017		December 31, 2016
Margin receivable	$	85,044	$	68,038
FHLBC stock	43,393		43,393
Pledged collateral	42,615		42,875
MSR holdback receivable	8,141		1,862
REO	3,354		5,533
Guarantee asset	2,869		4,092
Fixed assets and leasehold improvements ⁽¹⁾	2,645		2,750
Commercial loans	—		2,700
Other	6,905		10,702
Total Other Assets	$	194,966	$	181,945


(1)	Fixed assets and leasehold improvements had a basis of $6 million and accumulated depreciation of $4 million at December 31, 2017.

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

Table 10.2 – Components of Accrued Expenses and Other Liabilities



(In Thousands)	December 31, 2017		December 31, 2016
Accrued compensation	$	24,025	$	18,830
Guarantee obligations	19,487		21,668
Deferred tax liabilities	11,764		898
Residential loan and MSR repurchase reserve	4,916		5,432
Legal reserve	2,000		2,000
Accrued operating expenses	1,481		4,493
Current accounts payable	1,339		1,151
Margin payable	390		12,783
Restructuring liabilities	—		2,297
Other	2,327		2,876
Total Other Liabilities	$	67,729	$	72,428