10-Q Filing

FINANCE OF AMERICA COMPANIES INC. CIK: 1828937 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001828937-23-000088`
Period End Date	20230630
Filing Date	20230809
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	foa-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 112 Cash Flow Statement 64 Stockholders Equity 41 Comprehensive Income 20

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.59M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$265.54M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$179.76M	USD	Point-in-time
Loans held for investment, subject to Home Equity Conversion Mortgage-Backed Securities ("HMBS") related obligations, at fair value	`LoansHeldForInvestmentSubjectToHomeEquityConversionMortgagebackedSecuritiesHmbsRelatedObligationsAtFairValue`	$11.11B	USD	Point-in-time
Loans held for investment, subject to Home Equity Conversion Mortgage-Backed Securities ("HMBS") related obligations, at fair value	`LoansHeldForInvestmentSubjectToHomeEquityConversionMortgagebackedSecuritiesHmbsRelatedObligationsAtFairValue`	$16.88B	USD	Point-in-time
Loans held for investment, subject to nonrecourse debt, at fair value	`LoansHeldForInvestmentSubjectToNonRecourseDebtAtFairValue`	$7.45B	USD	Point-in-time
Loans held for investment, subject to nonrecourse debt, at fair value	`LoansHeldForInvestmentSubjectToNonRecourseDebtAtFairValue`	$7.93B	USD	Point-in-time
Loans held for investment, at fair value	`LoansReceivableFairValueDisclosure`	$685.03M	USD	Point-in-time
Loans held for investment, at fair value	`LoansReceivableFairValueDisclosure`	$908.00M	USD	Point-in-time
Mortgage servicing rights, at fair value	`MortgageServicingRightsAtFairValue`	-	USD	Point-in-time
Loans held for sale, at fair value	`LoansHeldForSaleFairValueDisclosure`	$77.49M	USD	Point-in-time
Loans held for sale, at fair value	`LoansHeldForSaleFairValueDisclosure`	$218.47M	USD	Point-in-time
Loans held for sale, at fair value	`LoansHeldForSaleFairValueDisclosure`	$158.16M	USD	Point-in-time
Loans held for sale, at fair value	`LoansHeldForSaleFairValueDisclosure`	$281.67M	USD	Point-in-time
Loans held for sale, at fair value	`LoansHeldForSaleFairValueDisclosure`	$173.98M	USD	Point-in-time
Mortgage servicing rights, at fair value	`MortgageServicingRightsAtFairValue`	$60.56M	USD	Point-in-time
Loans held for sale, at fair value	`LoansHeldForSaleFairValueDisclosure`	$53.50M	USD	Point-in-time
Mortgage servicing rights ("MSR"), at fair value, $0 and $60,562 subject to nonrecourse MSR financing liability, respectively	`MortgageServicingRightsDueToNonRecourseMsrFinancialLiabilityAtFairValue`	$9.46M	USD	Point-in-time
Notes payable, net (includes amounts due to related parties of $59,580 and $46,790, respectively)	`NotesPayable`	$411.78M	USD	Point-in-time
Mortgage servicing rights ("MSR"), at fair value, $0 and $60,562 subject to nonrecourse MSR financing liability, respectively	`MortgageServicingRightsDueToNonRecourseMsrFinancialLiabilityAtFairValue`	$95.10M	USD	Point-in-time
Notes payable, net (includes amounts due to related parties of $59,580 and $46,790, respectively)	`NotesPayable`	$399.40M	USD	Point-in-time
Fixed assets and leasehold improvements, net	`PropertyPlantAndEquipmentNet`	$9.13M	USD	Point-in-time
Fixed assets and leasehold improvements, net	`PropertyPlantAndEquipmentNet`	$8.20M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$278.52M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$297.12M	USD	Point-in-time
Other assets, net	`OtherAssets`	$256.29M	USD	Point-in-time
Other assets, net	`OtherAssets`	$266.32M	USD	Point-in-time
Assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$124.41M	USD	Point-in-time
Assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$313.36M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$20.87B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$26.55B	USD	Point-in-time
HMBS related obligations, at fair value	`HmbsRelatedObligationAtFairValue`	$16.67B	USD	Point-in-time
HMBS related obligations, at fair value	`HmbsRelatedObligationAtFairValue`	$11.00B	USD	Point-in-time
Nonrecourse debt, at fair value	`SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure`	$7.34B	USD	Point-in-time
Nonrecourse debt, at fair value	`SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure`	$7.80B	USD	Point-in-time
Other financing lines of credit	`OtherLongTermDebt`	$1.33B	USD	Point-in-time
Other financing lines of credit	`OtherLongTermDebt`	$1.07B	USD	Point-in-time
Payables and other liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$273.84M	USD	Point-in-time
Payables and other liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$173.73M	USD	Point-in-time
Notes payable, carrying value	`NotesPayable`	$411.78M	USD	Point-in-time
Notes payable, carrying value	`NotesPayable`	$399.40M	USD	Point-in-time
Liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$227.11M	USD	Point-in-time
Liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$55.12M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$20.47B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$26.27B	USD	Point-in-time
Commitments and Contingencies (Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$888.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$935.91M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-634.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-710.38M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-273.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-254.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$150.91M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$48.45M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$404.84M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.08B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$273.74M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$863.20M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.43M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$26.55B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$20.87B	USD	Point-in-time

Income Statement 112 line items

Line Item	Tag	Value	Unit	Period
Gain (loss) on sale and other income from loans held for sale, net	`GainLossOnSalesAndOtherIncomeFromLoansHeldForSaleNet`	$-4.76M	USD	1 Quarter
Gain (loss) on sale and other income from loans held for sale, net	`GainLossOnSalesAndOtherIncomeFromLoansHeldForSaleNet`	$-4.05M	USD	1 Quarter
Gain (loss) on sale and other income from loans held for sale, net	`GainLossOnSalesAndOtherIncomeFromLoansHeldForSaleNet`	$-16.48M	USD	2 Qtrs
Gain (loss) on sale and other income from loans held for sale, net	`GainLossOnSalesAndOtherIncomeFromLoansHeldForSaleNet`	$5.45M	USD	2 Qtrs
Net fair value gains (losses) on loans and related obligations	`NetFairValueGainsOnMortgageLoansAndRelatedObligations`	$83.26M	USD	2 Qtrs
Net fair value gains (losses) on loans and related obligations	`NetFairValueGainsOnMortgageLoansAndRelatedObligations`	$5.13M	USD	2 Qtrs
Net fair value gains (losses) on loans and related obligations	`NetFairValueGainsOnMortgageLoansAndRelatedObligations`	$2.17M	USD	1 Quarter
Net fair value gains (losses) on loans and related obligations	`NetFairValueGainsOnMortgageLoansAndRelatedObligations`	$-93.13M	USD	1 Quarter
Fee income	`FeeIncome`	$13.82M	USD	1 Quarter
Fee income	`FeeIncome`	$6.84M	USD	1 Quarter
Fee income	`FeeIncome`	$20.18M	USD	2 Qtrs
Fee income	`FeeIncome`	$62.01M	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	$3.20M	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$2.79M	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	$5.29M	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	$1.61M	USD	1 Quarter
Interest expense	`InterestExpense`	$50.51M	USD	2 Qtrs
Interest expense	`InterestExpense`	$63.29M	USD	2 Qtrs
Interest expense	`InterestExpense`	$27.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$31.73M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-47.71M	USD	2 Qtrs
Net interest expense	`InterestIncomeExpenseNet`	$-28.53M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-58.00M	USD	2 Qtrs
Net interest expense	`InterestIncomeExpenseNet`	$-25.42M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$-111.90M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$24.88M	USD	2 Qtrs
TOTAL REVENUES	`Revenues`	$28.96M	USD	2 Qtrs
TOTAL REVENUES	`Revenues`	$-21.17M	USD	1 Quarter
Salaries, benefits, and related expenses	`LaborAndRelatedExpense`	$51.10M	USD	1 Quarter
Salaries, benefits, and related expenses	`LaborAndRelatedExpense`	$117.90M	USD	2 Qtrs
Salaries, benefits, and related expenses	`LaborAndRelatedExpense`	$58.80M	USD	1 Quarter
Salaries, benefits, and related expenses	`LaborAndRelatedExpense`	$91.91M	USD	2 Qtrs
Occupancy, equipment rentals, and other office related expenses	`OccupancyNet`	$3.89M	USD	2 Qtrs
Occupancy, equipment rentals, and other office related expenses	`OccupancyNet`	$4.46M	USD	2 Qtrs
Occupancy, equipment rentals, and other office related expenses	`OccupancyNet`	$1.70M	USD	1 Quarter
Occupancy, equipment rentals, and other office related expenses	`OccupancyNet`	$2.55M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$56.35M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$102.24M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$97.41M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$52.31M	USD	1 Quarter
TOTAL EXPENSES	`OperatingExpenses`	$110.00M	USD	1 Quarter
TOTAL EXPENSES	`OperatingExpenses`	$112.82M	USD	1 Quarter
TOTAL EXPENSES	`OperatingExpenses`	$224.03M	USD	2 Qtrs
TOTAL EXPENSES	`OperatingExpenses`	$193.78M	USD	2 Qtrs
OTHER, NET	`OtherNonoperatingIncomeExpense`	$14.15M	USD	1 Quarter
OTHER, NET	`OtherNonoperatingIncomeExpense`	$-1.94M	USD	1 Quarter
OTHER, NET	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	2 Qtrs
OTHER, NET	`OtherNonoperatingIncomeExpense`	$17.14M	USD	2 Qtrs
NET LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-182.01M	USD	2 Qtrs
NET LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-223.84M	USD	1 Quarter
NET LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-119.84M	USD	1 Quarter
NET LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-165.82M	USD	2 Qtrs
Benefit for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$-3.21M	USD	1 Quarter
Benefit for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$-2.20M	USD	1 Quarter
Benefit for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$-683.00K	USD	2 Qtrs
Benefit for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$-9.92M	USD	2 Qtrs
NET LOSS FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-172.08M	USD	2 Qtrs
NET LOSS FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-165.14M	USD	2 Qtrs
NET LOSS FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-220.62M	USD	1 Quarter
NET LOSS FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-117.64M	USD	1 Quarter
NET LOSS FROM DISCONTINUED OPERATIONS	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-1.86M	USD	1 Quarter
NET LOSS FROM DISCONTINUED OPERATIONS	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-42.75M	USD	2 Qtrs
NET LOSS FROM DISCONTINUED OPERATIONS	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-50.19M	USD	1 Quarter
NET LOSS FROM DISCONTINUED OPERATIONS	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-59.73M	USD	2 Qtrs
NET LOSS	`ProfitLoss`	$-222.48M	USD	1 Quarter
NET LOSS	`ProfitLoss`	$-207.89M	USD	2 Qtrs
NET LOSS	`ProfitLoss`	$-167.82M	USD	1 Quarter
NET LOSS	`ProfitLoss`	$-231.82M	USD	2 Qtrs
Net loss attributable to noncontrolling interest from continuing operations	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$-104.25M	USD	2 Qtrs
Net loss attributable to noncontrolling interest from continuing operations	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$-137.62M	USD	2 Qtrs
Net loss attributable to noncontrolling interest from continuing operations	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$-96.42M	USD	1 Quarter
Net loss attributable to noncontrolling interest from continuing operations	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$-141.00M	USD	1 Quarter
Net loss attributable to noncontrolling interest from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$-2.34M	USD	1 Quarter
Net loss attributable to noncontrolling interest from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$-27.55M	USD	2 Qtrs
Net loss attributable to noncontrolling interest from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$-45.02M	USD	2 Qtrs
Net loss attributable to noncontrolling interest from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$-30.72M	USD	1 Quarter
NET LOSS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST	`IncomeLossFromContinuingOperations`	$-21.22M	USD	1 Quarter
NET LOSS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST	`IncomeLossFromContinuingOperations`	$-60.89M	USD	2 Qtrs
NET LOSS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST	`IncomeLossFromContinuingOperations`	$-34.46M	USD	2 Qtrs
NET LOSS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST	`IncomeLossFromContinuingOperations`	$-79.62M	USD	1 Quarter
NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-19.46M	USD	1 Quarter
NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-14.71M	USD	2 Qtrs
NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$479.00K	USD	1 Quarter
NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-15.19M	USD	2 Qtrs
NET LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	`NetIncomeLoss`	$-49.17M	USD	2 Qtrs
NET LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	`NetIncomeLoss`	$-40.68M	USD	1 Quarter
NET LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	`NetIncomeLoss`	$-76.09M	USD	2 Qtrs
NET LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	`NetIncomeLoss`	$-79.14M	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.38M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	87.41M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.58M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.78M	shares	2 Qtrs
Basic net loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.80	USD	2 Qtrs
Basic net loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.56	USD	2 Qtrs
Basic net loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.34	USD	1 Quarter
Basic net loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.91	USD	1 Quarter
Basic net loss per share (in usd per share)	`EarningsPerShareBasic`	$-0.80	USD	2 Qtrs
Basic net loss per share (in usd per share)	`EarningsPerShareBasic`	$-0.91	USD	1 Quarter
Basic net loss per share (in usd per share)	`EarningsPerShareBasic`	$-1.00	USD	2 Qtrs
Basic net loss per share (in usd per share)	`EarningsPerShareBasic`	$-0.65	USD	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	187.82M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	87.41M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.63M	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.78M	shares	2 Qtrs
Diluted net loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.49	USD	1 Quarter
Diluted net loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.73	USD	2 Qtrs
Diluted net loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.80	USD	2 Qtrs
Diluted net loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.91	USD	1 Quarter
Diluted net loss per share (in USD per share)	`EarningsPerShareDiluted`	$-1.00	USD	2 Qtrs
Diluted net loss per share (in USD per share)	`EarningsPerShareDiluted`	$-1.00	USD	2 Qtrs
Diluted net loss per share (in USD per share)	`EarningsPerShareDiluted`	$-0.70	USD	1 Quarter
Diluted net loss per share (in USD per share)	`EarningsPerShareDiluted`	$-0.91	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-222.48M	USD	1 Quarter
Net loss	`ProfitLoss`	$-207.89M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-167.82M	USD	1 Quarter
Net loss	`ProfitLoss`	$-231.82M	USD	2 Qtrs
Adjustments to reconcile net loss to net cash provided by operating activities:	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$986.48M	USD	2 Qtrs
Adjustments to reconcile net loss to net cash provided by operating activities:	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$323.57M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$115.68M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$754.66M	USD	2 Qtrs
Purchases and originations of loans held for investment	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$3.78B	USD	2 Qtrs
Purchases and originations of loans held for investment	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$1.58B	USD	2 Qtrs
Proceeds/payments received on loans held for investment	`ProceedsFromSaleOfLoansAndLeasesHeldForInvestment`	$1.28B	USD	2 Qtrs
Proceeds/payments received on loans held for investment	`ProceedsFromSaleOfLoansAndLeasesHeldForInvestment`	$895.54M	USD	2 Qtrs
Purchases and origination of loans held for investment, subject to nonrecourse debt	`PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt`	$47.51M	USD	2 Qtrs
Purchases and origination of loans held for investment, subject to nonrecourse debt	`PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt`	$58.55M	USD	2 Qtrs
Proceeds/payments on loans held for investment, subject to nonrecourse debt	`PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt`	$1.16B	USD	2 Qtrs
Proceeds/payments on loans held for investment, subject to nonrecourse debt	`PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt`	$738.39M	USD	2 Qtrs
Proceeds on sale of MSR	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$191.71M	USD	2 Qtrs
Proceeds on sale of MSR	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$84.03M	USD	2 Qtrs
Acquisition of American Advisors Group net assets	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$140.85M	USD	2 Qtrs
Acquisition of American Advisors Group net assets	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Disposal of business segments	`ProceedsFromDivestitureOfBusinesses`	$5.26M	USD	2 Qtrs
Disposal of business segments	`ProceedsFromDivestitureOfBusinesses`	-	USD	2 Qtrs
Payments on deferred purchase price liability	`PaymentsOnDeferredPurchasePriceLiability`	$8.00M	USD	2 Qtrs
Payments on deferred purchase price liability	`PaymentsOnDeferredPurchasePriceLiability`	$8.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$13.27M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.03M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-46.32M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.23B	USD	2 Qtrs
Proceeds from issuance of HMBS related obligations	`ProceedsFromIssuanceOfHmbsRelatedObligations`	$921.39M	USD	2 Qtrs
Proceeds from issuance of HMBS related obligations	`ProceedsFromIssuanceOfHmbsRelatedObligations`	$1.93B	USD	2 Qtrs
Payments on HMBS related obligations	`PaymentsOnHMBSRelatedObligations`	$887.39M	USD	2 Qtrs
Payments on HMBS related obligations	`PaymentsOnHMBSRelatedObligations`	$1.44B	USD	2 Qtrs
Proceeds from issuance of nonrecourse debt	`ProceedsFromIssuanceOfNonrecourseDebt`	$1.93B	USD	2 Qtrs
Proceeds from issuance of nonrecourse debt	`ProceedsFromIssuanceOfNonrecourseDebt`	$1.19B	USD	2 Qtrs
Payments on nonrecourse debt	`PaymentsOnNonrecourseDebt`	$878.80M	USD	2 Qtrs
Payments on nonrecourse debt	`PaymentsOnNonrecourseDebt`	$1.08B	USD	2 Qtrs
Proceeds from other financing lines of credit	`ProceedsFromOtherDebt`	$2.56B	USD	2 Qtrs
Proceeds from other financing lines of credit	`ProceedsFromOtherDebt`	$14.31B	USD	2 Qtrs
Payments on other financing lines of credit	`RepaymentsOfOtherDebt`	$2.94B	USD	2 Qtrs
Payments on other financing lines of credit	`RepaymentsOfOtherDebt`	$15.07B	USD	2 Qtrs
Change in notes payable	`ProceedsFromNotesPayable`	$12.79M	USD	2 Qtrs
Change in notes payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-869.00K	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.55M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$581.61M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.09M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-152.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$19.00K	USD	2 Qtrs
Net increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$70.48M	USD	2 Qtrs
Net increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$110.19M	USD	2 Qtrs
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$277.44M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$573.84M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$463.64M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$347.91M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$277.44M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$573.84M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$463.64M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$347.91M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$140.16M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$117.35M	USD	2 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$25.00K	USD	2 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Loans transferred to loans held for sale, at fair value, from loans held for investment, at fair value	`LoansTransferredToLoansHeldForSaleAtFairValueFromLoansHeldForInvestmentAtFairValue`	$8.83M	USD	2 Qtrs
Loans transferred to loans held for sale, at fair value, from loans held for investment, at fair value	`LoansTransferredToLoansHeldForSaleAtFairValueFromLoansHeldForInvestmentAtFairValue`	$3.69M	USD	2 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$404.84M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.08B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$273.74M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$863.20M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.43M	USD	Point-in-time
Net loss	`ProfitLoss`	$-222.48M	USD	1 Quarter
Net loss	`ProfitLoss`	$-207.89M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-167.82M	USD	1 Quarter
Net loss	`ProfitLoss`	$-231.82M	USD	2 Qtrs
Noncontrolling interest contributions	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$42.00K	USD	1 Quarter
Noncontrolling interest contributions	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$42.00K	USD	2 Qtrs
Noncontrolling interest distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$192.00K	USD	1 Quarter
Noncontrolling interest distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$192.00K	USD	2 Qtrs
Equity-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$20.88M	USD	2 Qtrs
Equity-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$7.25M	USD	1 Quarter
Equity-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$15.36M	USD	2 Qtrs
Equity-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$7.78M	USD	1 Quarter
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity)	`ConversionOfLimitedLiabilityCompanyUnitsForCommonStockValue`	-	USD	2 Qtrs
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity)	`ConversionOfLimitedLiabilityCompanyUnitsForCommonStockValue`	$-91.00K	USD	1 Quarter
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity)	`ConversionOfLimitedLiabilityCompanyUnitsForCommonStockValue`	$-116.00K	USD	2 Qtrs
Settlement of LTIP RSUs, net (Note 24 - Equity)	`NetSurrenderToSettleOtherRsusValue`	$-4.74M	USD	1 Quarter
Settlement of LTIP RSUs, net (Note 24 - Equity)	`NetSurrenderToSettleOtherRsusValue`	$-1.00K	USD	1 Quarter
Settlement of LTIP RSUs, net (Note 24 - Equity)	`NetSurrenderToSettleOtherRsusValue`	$-4.75M	USD	2 Qtrs
Settlement of LTIP RSUs, net (Note 24 - Equity)	`NetSurrenderToSettleOtherRsusValue`	$90.00K	USD	2 Qtrs
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity)	`RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings`	$3.71M	USD	2 Qtrs
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity)	`RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings`	$1.42M	USD	1 Quarter
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity)	`RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings`	$3.71M	USD	1 Quarter
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity)	`RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings`	$1.86M	USD	2 Qtrs
Issuance of shares (Note 22 - Related-Party Transactions and Note 24 - Equity)	`StockIssuedDuringPeriodValueOther`	$30.00M	USD	2 Qtrs
Issuance of units (Note 3 - Acquisitions and Note 24 - Equity)	`StockIssuedDuringPeriodValueAcquisitions`	$33.17M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-163.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-152.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$19.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-45.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$404.84M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.08B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$273.74M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$863.20M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.43M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-222.48M	USD	1 Quarter
Net loss	`ProfitLoss`	$-207.89M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-167.82M	USD	1 Quarter
Net loss	`ProfitLoss`	$-231.82M	USD	2 Qtrs
Impact of foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-163.00K	USD	1 Quarter
Impact of foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-152.00K	USD	2 Qtrs
Impact of foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-45.00K	USD	1 Quarter
Impact of foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$19.00K	USD	2 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-231.97M	USD	2 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-222.53M	USD	1 Quarter
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-207.87M	USD	2 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-167.99M	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToCRNCI`	$-182.75M	USD	2 Qtrs
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToCRNCI`	$-143.37M	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToCRNCI`	$-131.79M	USD	2 Qtrs
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToCRNCI`	$-127.25M	USD	1 Quarter
COMPREHENSIVE LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	`ComprehensiveIncomeNetOfTax`	$-49.22M	USD	2 Qtrs
COMPREHENSIVE LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	`ComprehensiveIncomeNetOfTax`	$-76.08M	USD	2 Qtrs
COMPREHENSIVE LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	`ComprehensiveIncomeNetOfTax`	$-40.73M	USD	1 Quarter
COMPREHENSIVE LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	`ComprehensiveIncomeNetOfTax`	$-79.16M	USD	1 Quarter

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