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Other Assets (Tables) | 12 Months Ended
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Dec. 31, 2013
Other Assets [Abstract] |
Schedule of Other Assets | Other assets consisted of the following at December 31:
| 2013 |  | 2012
Prepaid lender fees and debt issuance costs, net (1) | $ | 31,481 |  |  | $ | 14,389 |
Prepaid income taxes (2) | 20,585 |  |  | 23,112 |
Prepaid expenses | 16,132 |  |  | 15,058 |
Derivatives, at fair value (3) | 15,494 |  |  | 10,795 |
Investment in unconsolidated entities (4) | 11,771 |  |  | 25,187 |
Purchase price deposit (5) | 10,000 |  |  | 57,000 |
Other | 21,850 |  |  | 45,171 |
| $ | 127,313 |  |  | $ | 190,712 |
(1) | These balances relate to match funded liabilities and other secured borrowings. We amortize these costs to the earlier of the scheduled amortization date, contractual maturity date or prepayment date of the debt.
(2) | During 2012 and 2013, we completed intra-entity transfers of certain MSRs. The deferred tax effects of these transactions have been recognized as prepaid income tax assets and are being amortized to Income tax expense over a 7-year period.
(3) | See Note 19 — Derivative Financial Instruments and Hedging Activities for additional information regarding derivatives.
(4) | The balance at December 31, 2012 includes an investment of $13.4 million in Correspondent One. As disclosed in Note 3 — Business Acquisitions, we increased our ownership from 49% to 100% on March 31, 2013. Effective on that date, we began including the accounts of Correspondent One in our consolidated financial statements and eliminated our current investment in consolidation.
(5) | The balance at December 31, 2013 represents an initial cash deposit that we made in connection with the agreement we entered into on December 20, 2013 to acquire MSRs and related advances from Wells Fargo Bank, N.A. This deposit along with an additional deposit of $15.0 million that we made in January 2014 will be held in escrow until the transaction closes. The balance at December 31, 2012 represents an earnest money cash deposit we made in connection with the ResCap Acquisition. This deposit was subsequently applied towards the purchase price upon closing of the transaction on February 15, 2013. See Note 3 — Business Acquisitions for additional information.

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- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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