Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations - Income Statement Disclosures (Details)

v3.24.2.u1
Discontinued Operations - Income Statement Disclosures (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Expenses        
Net loss from discontinued operations $ (203) $ (1,857) $ (4,727) $ (42,747)
Net loss from discontinued operations attributable to noncontrolling interest (98) (2,336) (2,719) (27,553)
NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST (105) 479 (2,008) (15,194)
Contingent liability     3,000  
Gain (loss) on disposal   $ 12,200   $ 2,000
Gain (loss) on disposal, location   NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST   NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST
Lender Services Segment        
Expenses        
Gain (loss) on disposal   $ 12,200    
Commercial Originations Segment        
Expenses        
Gain (loss) on disposal       $ (10,200)
Discontinued Operations | Mortgage Originations, Commercial Originations and Lenders Services Segments        
Portfolio interest income        
Interest income 0 311 0 828
Interest expense 0 (150) 0 (970)
Net portfolio interest income (expense) 0 161 0 (142)
Other income (expense)        
Net origination gains 0 0 0 308
Net fair value changes on loans and related obligations 0 0 0 308
Fee income 0 35,497 0 68,125
Gain (loss) on sale and other income from loans held for sale, net 0 (118) 0 278
Net other income (expense) 0 35,379 0 68,711
Total revenues 0 35,540 0 68,569
Expenses        
Salaries, benefits, and related expenses 0 19,851 0 50,702
Loan production and portfolio related expenses 0 150 0 1,187
Marketing and advertising expenses 0 348 0 888
Depreciation and amortization 0 0 0 2,778
General and administrative expenses 98 29,182 1,622 54,332
Total expenses 98 49,531 1,622 109,887
Impairment of intangibles and other assets 0 (3,400) 0 (4,455)
Other, net (105) 11,010 (3,105) 1,921
Net loss from discontinued operations before income taxes (203) (6,381) (4,727) (43,852)
Benefit for income taxes from discontinued operations 0 (4,524) 0 (1,105)
Net loss from discontinued operations (203) (1,857) (4,727) (42,747)
Net loss from discontinued operations attributable to noncontrolling interest (98) (2,336) (2,719) (27,553)
NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST $ (105) $ 479 $ (2,008) $ (15,194)