Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations - Income Statement Disclosures (Details)

v3.23.3
Discontinued Operations - Income Statement Disclosures (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Expenses        
Net loss from discontinued operations $ (2,464) $ (196,961) $ (45,211) $ (256,695)
Net loss attributable to noncontrolling interest from discontinued operations (1,629) (128,066) (29,182) (173,087)
Net loss from discontinued operations attributable to holders of Class A Common Stock - basic (835) (68,895) (16,029) (83,608)
Gain (loss) on disposal 200   2,200  
Commercial Originations Segment        
Expenses        
Gain (loss) on disposal     (10,200)  
Lender Services Segment        
Expenses        
Gain (loss) on disposal     12,200  
ANTIC and BNC        
Expenses        
Gain (loss) on disposal     200  
Discontinued Operations | Mortgage Originations, Commercial Originations and Lenders Services Segments        
Revenues        
Gain on sale and other income from loans held for sale, net 0 42,687 278 226,578
Net fair value gains on loans and related obligations 0 3,868 308 10,781
Fee income 3 60,300 68,128 244,572
Net interest income:        
Interest income 0 9,495 828 36,428
Interest expense 0 (7,702) (970) (26,861)
Net interest income 0 1,793 (142) 9,567
Total revenues 3 108,648 68,572 491,498
Expenses        
Salaries, benefits, and related expenses 962 100,597 51,664 386,064
Occupancy, equipment rentals, and other office related expenses 126 5,427 1,977 16,637
General and administrative expenses 1,106 60,546 58,440 213,571
Total expenses 2,194 166,570 112,081 616,272
Impairment of other assets 0 (134,384) (4,455) (134,384)
Other, net (261) 862 1,660 3,628
Net loss from discontinued operations before income taxes (2,452) (191,444) (46,304) (255,530)
Provision (benefit) for income taxes from discontinued operations 12 5,517 (1,093) 1,165
Net loss from discontinued operations (2,464) (196,961) (45,211) (256,695)
Net loss attributable to noncontrolling interest from discontinued operations (1,629) (128,066) (29,182) (173,087)
Net loss from discontinued operations attributable to holders of Class A Common Stock - basic $ (835) $ (68,895) $ (16,029) $ (83,608)