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Other Assets | 6 Months Ended
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Jun. 30, 2017
Other Assets [Abstract] |
Other Assets | Note 10 – Other Assets
| June 30, 2017 |  | December 31, 2016
Contingent loan repurchase asset (1) | $ | 246,348 |  |  | $ | 246,081 |
Prepaid expenses (2) | 53,123 |  |  | 57,188 |
Debt service accounts | 40,968 |  |  | 42,822 |
Derivatives, at fair value | 9,051 |  |  | 9,279 |
Mortgage backed securities, at fair value | 8,986 |  |  | 8,342 |
Prepaid lender fees, net | 8,337 |  |  | 9,023 |
Prepaid income taxes | 7,007 |  |  | 8,392 |
Interest-earning time deposits | 5,689 |  |  | 6,454 |
Real estate | 4,833 |  |  | 5,249 |
Automotive dealer financing notes, net | — |  |  | 33,224 |
Other | 15,330 |  |  | 12,050 |
| $ | 399,672 |  |  | $ | 438,104 |
(1) | With respect to previously transferred Ginnie Mae mortgage loans for which we have the right or the obligation to repurchase under the applicable agreement, we re-recognize the loans in Other assets and a corresponding liability in Other liabilities.
(2) | In connection with the sale of Agency MSRs in 2015, we placed $52.9 million in escrow for the payment of representation, warranty and indemnification claims associated with the underlying loans. Prepaid expenses at June 30, 2017 and December 31, 2016 includes the remaining balance of $36.6 million and $34.9 million, respectively.
Automotive dealer financing notes represent short-term inventory-secured floor plan loans – provided to independent used car dealerships through our Automotive Capital Services (ACS) venture – that have not been pledged to our automotive dealer loan financing facility. These notes are net of an allowance of $9.6 million and $4.4 million at June 30, 2017 and December 31, 2016, respectively. Changes in the allowance are as follows:
Periods ended June 30, | Three Months |  | Six Months
2017 |  | 2016 |  | 2017 |  | 2016
Beginning balance | $ | 10,516 |  |  | $ | 78 |  |  | $ | 4,371 |  |  | $ | 27 |
Provision | (930 | ) |  | 86 |  |  | 5,215 |  |  | 137 |
Ending balance | $ | 9,586 |  |  | $ | 164 |  |  | $ | 9,586 |  |  | $ | 164 |

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- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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