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Derivative Financial Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Activity
The following table summarizes derivative activity, including the derivatives used in each of our identified hedging programs:
 
 
 
Interest Rate Risk
 
 
 
IRLCs and Loans Held for Sale
 
Borrowings
 
IRLCs
 
Forward MBS Trades
 
Interest Rate Caps (1)
Notional balance at December 31, 2016
$
360,450

 
$
609,177

 
$
955,000

Additions
3,192,031

 
2,094,533

 
110,000

Amortization
—

 
—

 
(316,667
)
Maturities
(2,728,640
)
 
(1,340,603
)
 
—

Terminations
(617,050
)
 
(993,407
)
 
(300,000
)
Notional balance at September 30, 2017
$
206,791

 
$
369,700

 
$
448,333

 
 
 
 
 
 
Maturity
Oct. 2017 - Dec. 2017
 
Oct. 2017 - Nov. 2017
 
Oct. 2017 - May 2019
 
 
 
 
 
 
Fair value of derivative assets (liabilities) (2) at:
 

 
 

 
 

September 30, 2017
$
4,969

 
$
973

 
$
1,839

December 31, 2016
6,507

 
(614
)
 
1,836

 
 
 
 
 
 
Gains (losses) on derivatives during the nine months ended:
Gain on Loans Held for Sale, Net
 
Gain on Loans Held for Sale, Net
 
Other, Net
September 30, 2017
$
(1,605
)
 
$
(8,604
)
 
$
(207
)
September 30, 2016
4,148

 
(25,677
)
 
(1,950
)
Schedule of Other Income (Expense), Net Related to Derivative Financial Instruments
Other income (expense), net, includes the following related to derivative financial instruments:
Periods ended September 30,
Three Months
 
Nine Months
2017

2016

2017
 
2016
Losses on economic hedges
$
(350
)

$
(45
)

$
(207
)
 
$
(1,950
)
Write-off of losses in AOCL for a discontinued hedge relationship
(45
)

(89
)

(157
)
 
(263
)
 
$
(395
)

$
(134
)

$
(364
)
 
$
(2,213
)