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Other Assets (Tables) | 3 Months Ended
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Mar. 31, 2014
Other Assets [Abstract] |
Schedule of Other Assets | Other assets consisted of the following at the dates indicated:
| March 31, 2014 |  | December 31, 2013
Debt service accounts (1) | $ | 82,630 |  |  | $ | 129,897 |
Contingent assets - ResCap Acquisition (2) | — |  |  | 51,932 |
Prepaid lender fees and debt issuance costs, net | 32,151 |  |  | 31,481 |
Prepaid income taxes | 25,334 |  |  | 20,585 |
Purchase price deposit (3) | 25,000 |  |  | 10,000 |
Prepaid expenses | 12,956 |  |  | 16,132 |
Derivatives, at fair value (4) | 10,409 |  |  | 15,494 |
Investment in unconsolidated entities (5) | 6,646 |  |  | 11,771 |
Other | 33,979 |  |  | 21,851 |
| $ | 229,105 |  |  | $ | 309,143 |
(1) | Under our advance funding facilities, we are contractually required to remit collections on pledged advances to the trustee within two days of receipt. The collected funds are not applied to reduce the related match funded debt until the payment dates specified in the indenture. The balances also include amounts that have been set aside from the proceeds of our match funded advance facilities and certain of our warehouse facilities to provide for possible shortfalls in the funds available to pay certain expenses and interest. The funds related to match funded facilities are held in interest earning accounts in the name of the SPE created in connection with the facility.
(2) | As disclosed in Note 3 — Business Acquisitions, the purchase of certain MSRs and related advances from ResCap was not complete on the date of acquisition pending the receipt of certain consents and court approvals. We recorded a contingent asset effective on the date of the acquisition until we subsequently obtained the required consents and approvals for the MSRs and paid the additional purchase price.
(3) | 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. See Note 21 - Commitments and Contingencies for additional information.
(4) | See Note 15 — Derivative Financial Instruments and Hedging Activities for additional information regarding derivatives.
(5) | The balance at December 31, 2013 includes an investment of $6.6 million in OSI. As disclosed in Note 3 — Business Acquisitions, we increased our ownership from 26.00% to 87.35% on January 31, 2014. Effective on that date, we began including the accounts of OSI in our consolidated financial statements and eliminated our current investment in consolidation.

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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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