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10-Q Filing

FINANCE OF AMERICA COMPANIES INC. CIK: 1828937 Q2 2021
Filing Information
Form Type 10-Q
Accession Number 0001193125-21-247746
Period End Date 20210630
Filing Date 20210816
Fiscal Year 2021
Fiscal Period Q2
XBRL Instance d188628d10q_htm.xml
Balance Sheet 63 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $157.34M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $233.10M USD Point-in-time
Restricted cash RestrictedCashCurrent $306.26M USD Point-in-time
Restricted cash RestrictedCashCurrent $354.39M USD Point-in-time
Reverse mortgage loans held for investment, subject to HMBS related obligations, at fair value ReverseMortgamogeLoansHeldForInvestmentAtFairValue $9.93B USD Point-in-time
Reverse mortgage loans held for investment, subject to HMBS related obligations, at fair value ReverseMortgamogeLoansHeldForInvestmentAtFairValue $10.32B USD Point-in-time
Mortgage loans held for investment, subject to nonrecourse debt, at fair value MortgageLoansHeldForInvestmentOfNonRecourseDebtAtFairValue $5.40B USD Point-in-time
Mortgage servicing rights, at fair value MortgageServicingRightsAtFairValue $65.13M USD Point-in-time
Mortgage loans held for investment, subject to nonrecourse debt, at fair value MortgageLoansHeldForInvestmentOfNonRecourseDebtAtFairValue $5.42B USD Point-in-time
Mortgage servicing rights, at fair value MortgageServicingRightsAtFairValue $14.09M USD Point-in-time
Mortgage loans held for investment, at fair value LoansReceivableFairValueDisclosure $1.23B USD Point-in-time
Mortgage loans held for investment, at fair value LoansReceivableFairValueDisclosure $730.82M USD Point-in-time
Mortgage loans held for sale, at fair value MortgagesHeldForSaleFairValueDisclosure $2.22B USD Point-in-time
Mortgage loans held for sale, at fair value MortgagesHeldForSaleFairValueDisclosure $2.06B USD Point-in-time
Debt securities DebtSecurities $10.77M USD Point-in-time
Debt securities DebtSecurities $8.69M USD Point-in-time
Mortgage servicing rights, at fair value, $65,129 and $14,088, subject to nonrecourse MSR financing liability, respectively MortgageServicingRightsDueToNonRecourseMsrFinancialLiabilityAtFairValue $290.94M USD Point-in-time
Mortgage servicing rights, at fair value, $65,129 and $14,088, subject to nonrecourse MSR financing liability, respectively MortgageServicingRightsDueToNonRecourseMsrFinancialLiabilityAtFairValue $180.68M USD Point-in-time
Derivative assets DerivativeAssets $61.81M USD Point-in-time
Derivative assets DerivativeAssets $92.06M USD Point-in-time
Fixed assets and leasehold improvements, net PropertyPlantAndEquipmentNet $28.67M USD Point-in-time
Fixed assets and leasehold improvements, net PropertyPlantAndEquipmentNet $24.51M USD Point-in-time
Goodwill Goodwill $128.75M USD Point-in-time
Goodwill Goodwill $1.30B USD Point-in-time
Goodwill Goodwill $121.75M USD Point-in-time
Goodwill Goodwill $121.14M USD Point-in-time
Goodwill Goodwill $121.14M USD Point-in-time
Goodwill Goodwill $121.23M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $16.93M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $704.24M USD Point-in-time
Other assets, net OtherAssets $300.63M USD Point-in-time
Other assets, net OtherAssets $300.25M USD Point-in-time
TOTAL ASSETS Assets $22.23B USD Point-in-time
TOTAL ASSETS Assets $20.10B USD Point-in-time
TOTAL ASSETS Assets $19.57B USD Point-in-time
TOTAL ASSETS Assets $18.10B USD Point-in-time
HMBS related obligation, at fair value HmbsRelatedObligationAtFairValue $10.17B USD Point-in-time
HMBS related obligation, at fair value HmbsRelatedObligationAtFairValue $9.79B USD Point-in-time
Nonrecourse debt, at fair value SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure $5.27B USD Point-in-time
Nonrecourse debt, at fair value SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure $5.43B USD Point-in-time
Other financing lines of credit OtherLongTermDebt $2.97B USD Point-in-time
Other financing lines of credit OtherLongTermDebt $3.41B USD Point-in-time
Payables and other liabilities AccountsPayableAndOtherAccruedLiabilities $400.06M USD Point-in-time
Payables and other liabilities AccountsPayableAndOtherAccruedLiabilities $488.74M USD Point-in-time
Notes payable, net NotesPayable $353.72M USD Point-in-time
Notes payable, net NotesPayable $336.57M USD Point-in-time
TOTAL LIABILITIES Liabilities $19.85B USD Point-in-time
TOTAL LIABILITIES Liabilities $18.77B USD Point-in-time
CRNCI (Note 25) TemporaryEquityCarryingAmountAttributableToParent - USD Point-in-time
CRNCI (Note 25) TemporaryEquityCarryingAmountAttributableToParent $166.23M USD Point-in-time
FoA Equity Capital LLC member's equity FoAEquityCapitalLLCMembersEquity - USD Point-in-time
FoA Equity Capital LLC member's equity FoAEquityCapitalLLCMembersEquity $628.18M USD Point-in-time
Additional paid-in capital (Successor) AdditionalPaidInCapital $807.52M USD Point-in-time
Accumulated deficit (Successor) RetainedEarningsAccumulatedDeficit $-69.55M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-27.00K USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $9.00K USD Point-in-time
Noncontrolling interest MinorityInterest $1.64B USD Point-in-time
Noncontrolling interest MinorityInterest $-145.00K USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.34B USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $628.04M USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.38B USD Point-in-time
TOTAL LIABILITIES, CRNCI AND EQUITY LiabilitiesAndStockholdersEquity $22.23B USD Point-in-time
TOTAL LIABILITIES, CRNCI AND EQUITY LiabilitiesAndStockholdersEquity $19.57B USD Point-in-time
Income Statement 77 line items
Line Item Tag Value Unit Period
Gain on sale and other income from mortgage loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $187.58M USD 1 Quarter
Gain on sale and other income from mortgage loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $428.98M USD 2 Qtrs
Gain on sale and other income from mortgage loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $291.33M USD 1 Quarter
Gain on sale and other income from mortgage loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $298.29M USD 1 Quarter
Net fair value gains on mortgage loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $112.30M USD 1 Quarter
Net fair value gains on mortgage loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $131.15M USD 1 Quarter
Net fair value gains on mortgage loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $125.68M USD 2 Qtrs
Net fair value gains on mortgage loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $76.66M USD 1 Quarter
Fee income FeeIncome $76.66M USD 1 Quarter
Fee income FeeIncome $161.37M USD 1 Quarter
Fee income FeeIncome $90.86M USD 1 Quarter
Fee income FeeIncome $146.63M USD 2 Qtrs
Interest income InterestIncomeOperating $12.66M USD 1 Quarter
Interest income InterestIncomeOperating $13.15M USD 1 Quarter
Interest income InterestIncomeOperating $11.51M USD 1 Quarter
Interest income InterestIncomeOperating $19.68M USD 2 Qtrs
Interest expense InterestExpense $33.30M USD 1 Quarter
Interest expense InterestExpense $33.63M USD 1 Quarter
Interest expense InterestExpense $67.23M USD 2 Qtrs
Interest expense InterestExpense $34.37M USD 1 Quarter
Net interest expense InterestIncomeExpenseNet $-21.70M USD 1 Quarter
Net interest expense InterestIncomeExpenseNet $-47.55M USD 2 Qtrs
Net interest expense InterestIncomeExpenseNet $-21.79M USD 1 Quarter
Net interest expense InterestIncomeExpenseNet $-20.48M USD 1 Quarter
TOTAL REVENUES Revenues $507.66M USD 1 Quarter
TOTAL REVENUES Revenues $465.46M USD 1 Quarter
TOTAL REVENUES Revenues $653.73M USD 2 Qtrs
TOTAL REVENUES Revenues $389.12M USD 1 Quarter
Salaries, benefits and related expenses LaborAndRelatedExpense $238.53M USD 1 Quarter
Salaries, benefits and related expenses LaborAndRelatedExpense $274.73M USD 1 Quarter
Salaries, benefits and related expenses LaborAndRelatedExpense $374.65M USD 2 Qtrs
Salaries, benefits and related expenses LaborAndRelatedExpense $230.28M USD 1 Quarter
Occupancy, equipment rentals and other office related expenses OccupancyNet $7.60M USD 1 Quarter
Occupancy, equipment rentals and other office related expenses OccupancyNet $14.61M USD 2 Qtrs
Occupancy, equipment rentals and other office related expenses OccupancyNet $7.21M USD 1 Quarter
Occupancy, equipment rentals and other office related expenses OccupancyNet $6.72M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $119.30M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $81.21M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $159.78M USD 2 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $127.22M USD 1 Quarter
TOTAL EXPENSES OperatingExpenses $318.70M USD 1 Quarter
TOTAL EXPENSES OperatingExpenses $373.34M USD 1 Quarter
TOTAL EXPENSES OperatingExpenses $549.04M USD 2 Qtrs
TOTAL EXPENSES OperatingExpenses $400.75M USD 1 Quarter
OTHER, NET OtherNonoperatingIncomeExpense $-8.86M USD 1 Quarter
OTHER, NET OtherNonoperatingIncomeExpense $-44.00K USD 2 Qtrs
OTHER, NET OtherNonoperatingIncomeExpense $-28.00K USD 1 Quarter
OTHER, NET OtherNonoperatingIncomeExpense $-2.10M USD 1 Quarter
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-13.74M USD 1 Quarter
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $104.64M USD 2 Qtrs
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $125.46M USD 1 Quarter
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $146.73M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $1.09M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $766.00K USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $448.00K USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $1.14M USD 1 Quarter
NET (LOSS) INCOME ProfitLoss $146.29M USD 1 Quarter
NET (LOSS) INCOME ProfitLoss $124.32M USD 1 Quarter
NET (LOSS) INCOME ProfitLoss $103.88M USD 2 Qtrs
NET (LOSS) INCOME ProfitLoss $-14.82M USD 1 Quarter
CRCNI NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-18.01M USD 2 Qtrs
CRCNI NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 1 Quarter
CRCNI NetIncomeLossAttributableToRedeemableNoncontrollingInterest $4.26M USD 1 Quarter
CRCNI NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-15.39M USD 1 Quarter
CRCNI NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-2.62M USD 1 Quarter
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $201.00K USD 1 Quarter
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $571.00K USD 1 Quarter
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-17.09M USD 1 Quarter
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $800.00K USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $121.08M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $148.34M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $119.86M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $2.27M USD 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 59.88M shares 1 Quarter
Basic net income per share EarningsPerShareBasic $0.04 USD 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 191.20M shares 1 Quarter
Diluted net loss per share EarningsPerShareDiluted $-0.05 USD 1 Quarter
Cash Flow Statement 122 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $146.29M USD 1 Quarter
Net (loss) income ProfitLoss $124.32M USD 1 Quarter
Net (loss) income ProfitLoss $103.88M USD 2 Qtrs
Net (loss) income ProfitLoss $-14.82M USD 1 Quarter
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-6.28M USD 1 Quarter
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $5.17M USD 1 Quarter
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-221.08M USD 2 Qtrs
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-117.20M USD 2 Qtrs
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $118.04M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-9.65M USD 1 Quarter
Purchases and originations of mortgage loans held for investment PaymentsToAcquireLoansAndLeasesHeldForInvestment $2.06B USD 2 Qtrs
Purchases and originations of mortgage loans held for investment PaymentsToAcquireLoansAndLeasesHeldForInvestment $1.15B USD 1 Quarter
Purchases and originations of mortgage loans held for investment PaymentsToAcquireLoansAndLeasesHeldForInvestment $1.24B USD 1 Quarter
Proceeds/payments received on mortgage loans held for investment ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $689.22M USD 1 Quarter
Proceeds/payments received on mortgage loans held for investment ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $677.78M USD 1 Quarter
Proceeds/payments received on mortgage loans held for investment ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $681.38M USD 2 Qtrs
Purchases and origination of mortgage loans held for investment, subject to nonrecourse debt PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $12.25M USD 1 Quarter
Purchases and origination of mortgage loans held for investment, subject to nonrecourse debt PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $20.43M USD 2 Qtrs
Purchases and origination of mortgage loans held for investment, subject to nonrecourse debt PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $12.32M USD 1 Quarter
Proceeds/payments on mortgage loans held for investment, subject to nonrecourse debt PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $511.62M USD 2 Qtrs
Proceeds/payments on mortgage loans held for investment, subject to nonrecourse debt PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $217.45M USD 1 Quarter
Proceeds/payments on mortgage loans held for investment, subject to nonrecourse debt PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $251.15M USD 1 Quarter
Purchases of debt securities PaymentsToAcquireSecuritiesDebt $557.00K USD 1 Quarter
Purchases of debt securities PaymentsToAcquireSecuritiesDebt $9.04M USD 2 Qtrs
Purchases of debt securities PaymentsToAcquireSecuritiesDebt $1.45M USD 1 Quarter
Proceeds/payments on debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $26.67M USD 2 Qtrs
Proceeds/payments on debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $2.10M USD 1 Quarter
Proceeds/payments on debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $1.89M USD 1 Quarter
Purchases of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $61.00K USD 1 Quarter
Purchases of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $9.01M USD 1 Quarter
Proceeds on sale of mortgage servicing rights ProceedsFromSaleOfMortgageServicingRightsMSR $7.76M USD 1 Quarter
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $-364.00K USD 2 Qtrs
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $20.00M USD 1 Quarter
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $749.00K USD 1 Quarter
Purchase of investments PaymentsToAcquireInvestments $2.25M USD 2 Qtrs
Acquisition of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $4.13M USD 2 Qtrs
Acquisition of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $4.18M USD 1 Quarter
Acquisition of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $4.92M USD 1 Quarter
Payments on deferred purchase price liability PaymentForContingentConsiderationLiabilityInvestingActivities $657.00K USD 1 Quarter
Payments on deferred purchase price liability PaymentForContingentConsiderationLiabilityInvestingActivities $311.00K USD 1 Quarter
Payments on deferred purchase price liability PaymentForContingentConsiderationLiabilityInvestingActivities $949.00K USD 2 Qtrs
Issuance of convertible notes receivable ProceedFromIssuanceOfConvertibleNotesReceivable $-2.55M USD 1 Quarter
DIP Financing PaymentsToAcquireRetainedInterestInSecuritizedReceivables $35.26M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-312.05M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-337.88M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-873.61M USD 2 Qtrs
Proceeds from securitizations of reverse mortgage loans, subject to HMBS related obligations ProceedsFromSecuritizationsOfReverseMortgageLoansSubjectToHmbsRelatedObligations $795.33M USD 1 Quarter
Proceeds from securitizations of reverse mortgage loans, subject to HMBS related obligations ProceedsFromSecuritizationsOfReverseMortgageLoansSubjectToHmbsRelatedObligations $602.17M USD 1 Quarter
Proceeds from securitizations of reverse mortgage loans, subject to HMBS related obligations ProceedsFromSecuritizationsOfReverseMortgageLoansSubjectToHmbsRelatedObligations $898.12M USD 2 Qtrs
Payments of HMBS related obligations PaymentsOfHmbsRelatedObligations $597.89M USD 1 Quarter
Payments of HMBS related obligations PaymentsOfHmbsRelatedObligations $506.14M USD 1 Quarter
Payments of HMBS related obligations PaymentsOfHmbsRelatedObligations $1.00B USD 2 Qtrs
Proceeds from issuance of nonrecourse debt, net ProceedsFromIssuanceOfNonrecourseDebtNet $1.65B USD 2 Qtrs
Proceeds from issuance of nonrecourse debt, net ProceedsFromIssuanceOfNonrecourseDebtNet $600.60M USD 1 Quarter
Proceeds from issuance of nonrecourse debt, net ProceedsFromIssuanceOfNonrecourseDebtNet $579.52M USD 1 Quarter
Payments on nonrecourse debt PaymentsOnNonrecourseDebt $498.97M USD 1 Quarter
Payments on nonrecourse debt PaymentsOnNonrecourseDebt $658.30M USD 1 Quarter
Payments on nonrecourse debt PaymentsOnNonrecourseDebt $512.69M USD 2 Qtrs
Proceeds from other financing lines of credit ProceedsFromOtherDebt $8.76B USD 1 Quarter
Proceeds from other financing lines of credit ProceedsFromOtherDebt $10.03B USD 1 Quarter
Proceeds from other financing lines of credit ProceedsFromOtherDebt $15.35B USD 2 Qtrs
Payments on other financing lines of credit RepaymentsOfOtherDebt $8.62B USD 1 Quarter
Payments on other financing lines of credit RepaymentsOfOtherDebt $15.35B USD 2 Qtrs
Payments on other financing lines of credit RepaymentsOfOtherDebt $9.66B USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $2.47M USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $580.00K USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $2.83M USD 2 Qtrs
Payments on notes payable RepaymentsOfNotesPayable $10.00M USD 2 Qtrs
Principal payments under capital lease obligation FinanceLeasePrincipalPayments $415.00K USD 2 Qtrs
Member contributions ProceedsFromContributionsFromAffiliates $502.00K USD 2 Qtrs
Member contributions ProceedsFromContributionsFromAffiliates $1.43M USD 1 Quarter
Member distributions PaymentsOfDistributionsToAffiliates $75.00M USD 1 Quarter
Settlement of CRNCI PaymentInRespectOfContingentlyRedeemableNonControllingInterest $-203.22M USD 1 Quarter
Noncontrolling interest contributions ProceedsFromMinorityShareholders - USD 1 Quarter
Noncontrolling interest contributions ProceedsFromMinorityShareholders $16.00K USD 2 Qtrs
Noncontrolling interest distributions PaymentsToMinorityShareholders $310.00K USD 2 Qtrs
Noncontrolling interest distributions PaymentsToMinorityShareholders $137.00K USD 1 Quarter
Noncontrolling interest distributions PaymentsToMinorityShareholders $620.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.01B USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $232.44M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $307.69M USD 1 Quarter
Foreign currency translation adjustment EffectOfExchangeRateOnCashAndCashEquivalents $5.00K USD 2 Qtrs
Foreign currency translation adjustment EffectOfExchangeRateOnCashAndCashEquivalents $-7.00K USD 1 Quarter
Foreign currency translation adjustment EffectOfExchangeRateOnCashAndCashEquivalents $-1.00K USD 1 Quarter
Net increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-115.10M USD 1 Quarter
Net increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $17.12M USD 2 Qtrs
Net increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $113.68M USD 1 Quarter
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $382.66M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $653.05M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $511.73M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $539.36M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $399.79M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $382.66M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $653.05M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $511.73M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $539.36M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $399.79M USD Point-in-time
Cash paid for interest InterestPaidNet $50.07M USD 1 Quarter
Cash paid for interest InterestPaidNet $68.19M USD 1 Quarter
Cash paid for interest InterestPaidNet $206.54M USD 2 Qtrs
Cash paid for taxes, net IncomeTaxesPaidNet $1.52M USD 1 Quarter
Cash paid for taxes, net IncomeTaxesPaidNet $63.00K USD 1 Quarter
Cash paid for taxes, net IncomeTaxesPaidNet $276.00K USD 2 Qtrs
Loans transferred to mortgage loans held for investment, at fair value, from mortgage loans held for investment, subject to nonrecourse debt, at fair value LoansTransferredToMortgageLoansHeldForInvestmentAtFairValueFromMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValue $238.81M USD 2 Qtrs
Loans transferred to mortgage loans held for investment, at fair value, from mortgage loans held for investment, subject to nonrecourse debt, at fair value LoansTransferredToMortgageLoansHeldForInvestmentAtFairValueFromMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValue $242.65M USD 1 Quarter
Loans transferred to mortgage loans held for investment, at fair value, from mortgage loans held for investment, subject to nonrecourse debt, at fair value LoansTransferredToMortgageLoansHeldForInvestmentAtFairValueFromMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValue $283.43M USD 1 Quarter
Loans transferred to mortgage loans held for sale, at fair value, from mortgage loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForSaleAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue - USD 1 Quarter
Loans transferred to mortgage loans held for sale, at fair value, from mortgage loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForSaleAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $777.26M USD 2 Qtrs
Loans transferred to government guaranteed receivables from mortgage loans held for investment, at fair value, and mortgage loans held for investment, subject to nonrecourse debt, at fair value LoansTransferredToGovernmentGuaranteedReceivablesFromMortgageLoansHeldForInvestmentAtFairValueAndMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValue $72.47M USD 2 Qtrs
Loans transferred to government guaranteed receivables from mortgage loans held for investment, at fair value, and mortgage loans held for investment, subject to nonrecourse debt, at fair value LoansTransferredToGovernmentGuaranteedReceivablesFromMortgageLoansHeldForInvestmentAtFairValueAndMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValue $71.00K USD 1 Quarter
Loans transferred to government guaranteed receivables from mortgage loans held for investment, at fair value, and mortgage loans held for investment, subject to nonrecourse debt, at fair value LoansTransferredToGovernmentGuaranteedReceivablesFromMortgageLoansHeldForInvestmentAtFairValueAndMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValue $79.00K USD 1 Quarter
Loans transferred to mortgage loans held for investment, subject to nonrecourse debt, at fair value, from mortgage loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $1.89B USD 2 Qtrs
Loans transferred to mortgage loans held for investment, subject to nonrecourse debt, at fair value, from mortgage loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $505.38M USD 1 Quarter
Loans transferred to mortgage loans held for investment, subject to nonrecourse debt, at fair value, from mortgage loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $272.10M USD 1 Quarter
Loans transferred to mortgage loans held for investment, subject to HMBS, at fair value, from mortgage loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForInvestmentSubjectToHmbsAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $701.38M USD 1 Quarter
Loans transferred to mortgage loans held for investment, subject to HMBS, at fair value, from mortgage loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForInvestmentSubjectToHmbsAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $42.91M USD 1 Quarter
Goodwill Goodwill $128.75M USD Point-in-time
Goodwill Goodwill $1.30B USD Point-in-time
Goodwill Goodwill $121.75M USD Point-in-time
Goodwill Goodwill $121.14M USD Point-in-time
Goodwill Goodwill $121.14M USD Point-in-time
Goodwill Goodwill $121.23M USD Point-in-time
Stockholders Equity 38 line items
Line Item Tag Value Unit Period
Balance at beginning of period MembersCapital $482.81M USD Point-in-time
Balance at beginning of period MembersCapital $628.04M USD Point-in-time
Balance at beginning of period MembersCapital $604.86M USD Point-in-time
Balance at beginning of period MembersCapital $456.83M USD Point-in-time
Balance at beginning of period MembersCapital $641.17M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.34B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $628.04M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.38B USD Point-in-time
Contributions from members PartnersCapitalAccountContributions $1.04M USD 1 Quarter
Contributions from members PartnersCapitalAccountContributions $1.43M USD 1 Quarter
Distributions to members PartnersCapitalAccountDistributions $578.00K USD 1 Quarter
Distributions to members PartnersCapitalAccountDistributions $75.00M USD 1 Quarter
Noncontrolling interest contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $24.00K USD 1 Quarter
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $310.00K USD 1 Quarter
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $137.00K USD 1 Quarter
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $620.00K USD 1 Quarter
Net (loss) income ProfitLossExcludingCRNCI $-27.02M USD 1 Quarter
Net (loss) income ProfitLossExcludingCRNCI $148.91M USD 1 Quarter
Net (loss) income ProfitLossExcludingCRNCI $120.06M USD 1 Quarter
Net (loss) income ProfitLoss $146.29M USD 1 Quarter
Net (loss) income ProfitLoss $124.32M USD 1 Quarter
Net (loss) income ProfitLoss $103.88M USD 2 Qtrs
Net (loss) income ProfitLoss $-14.82M USD 1 Quarter
Accretion of CRNCI to redemption price TemporaryEquityAccretionToRedemptionValue $32.73M USD 1 Quarter
Vesting of restricted stock units StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $49.28M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-27.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $18.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-11.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $11.00K USD 2 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-8.00K USD 1 Quarter
Balance at end of period MembersCapital $482.81M USD Point-in-time
Balance at end of period MembersCapital $628.04M USD Point-in-time
Balance at end of period MembersCapital $604.86M USD Point-in-time
Balance at end of period MembersCapital $456.83M USD Point-in-time
Balance at end of period MembersCapital $641.17M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.34B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $628.04M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.38B USD Point-in-time
Comprehensive Income 21 line items
Line Item Tag Value Unit Period
NET (LOSS) INCOME ProfitLoss $146.29M USD 1 Quarter
NET (LOSS) INCOME ProfitLoss $124.32M USD 1 Quarter
NET (LOSS) INCOME ProfitLoss $103.88M USD 2 Qtrs
NET (LOSS) INCOME ProfitLoss $-14.82M USD 1 Quarter
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-27.00K USD 1 Quarter
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $18.00K USD 1 Quarter
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-11.00K USD 1 Quarter
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $11.00K USD 2 Qtrs
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-8.00K USD 1 Quarter
TOTAL COMPREHENSIVE LOSS ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $124.31M USD 1 Quarter
TOTAL COMPREHENSIVE LOSS ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $103.89M USD 2 Qtrs
TOTAL COMPREHENSIVE LOSS ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $146.30M USD 1 Quarter
TOTAL COMPREHENSIVE LOSS ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-14.85M USD 1 Quarter
Less: Comprehensive loss attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCrnci $4.46M USD 1 Quarter
Less: Comprehensive loss attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCrnci $-17.21M USD 2 Qtrs
Less: Comprehensive loss attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCrnci $-17.11M USD 1 Quarter
Less: Comprehensive loss attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCrnci $-2.05M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $148.35M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $121.10M USD 2 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $2.26M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $119.85M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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