Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations - Income Statement Disclosures (Details)

v3.23.2
Discontinued Operations - Income Statement Disclosures (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Expenses        
Net loss from discontinued operations $ (1,857) $ (50,185) $ (42,747) $ (59,734)
Net loss attributable to noncontrolling interest from discontinued operations (2,336) (30,722) (27,553) (45,021)
Net income (loss) from discontinued operations attributable to holders of Class A Common Stock - basic 479 (19,463) (15,194) (14,713)
Gain (loss) on disposal 12,200   2,000  
Discontinued Operations | Mortgage Originations, Commercial Originations and Lenders Services Segments        
Revenues        
Gain (loss) on sale and other income from loans held for sale, net (118) 76,568 278 184,709
Net fair value gains (losses) on loans and related obligations 0 (552) 308 6,913
Fee income 35,497 81,841 68,125 184,272
Net interest income (expense):        
Interest income 311 14,244 828 26,933
Interest expense (150) (9,809) (970) (19,159)
Net interest income (expense) 161 4,435 (142) 7,774
Total revenues 35,540 162,292 68,569 383,668
Expenses        
Salaries, benefits, and related expenses 19,851 135,490 50,702 285,467
Occupancy, equipment rentals, and other office related expenses 879 5,562 1,851 11,210
General and administrative expenses 28,801 71,142 57,334 153,843
Total expenses 49,531 212,194 109,887 450,520
Impairment of other assets (3,400) 0 (4,455) 0
Other, net 11,010 978 1,921 2,766
Net loss from discontinued operations before income taxes (6,381) (48,924) (43,852) (64,086)
Provision (benefit) for income taxes from discontinued operations (4,524) 1,261 (1,105) (4,352)
Net loss from discontinued operations (1,857) (50,185) (42,747) (59,734)
Net loss attributable to noncontrolling interest from discontinued operations (2,336) (30,722) (27,553) (45,021)
Net income (loss) from discontinued operations attributable to holders of Class A Common Stock - basic $ 479 $ (19,463) $ (15,194) $ (14,713)