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10-Q Filing

ROCKET COMPANIES, INC. CIK: 1805284 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0001805284-23-000033
Period End Date 20230331
Filing Date 20230510
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance rkt-20230331_htm.xml
Filing Contents
Balance Sheet 68 line items
Line Item Tag Value Unit Period
Property and equipment, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $463.26M USD Point-in-time
Property and equipment, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $486.94M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $722.29M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $893.38M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.31B USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $77.03M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $66.81M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $64.31M USD Point-in-time
Mortgage loans held for sale, at fair value MortgagesHeldForSaleFairValueDisclosure $7.34B USD Point-in-time
Mortgage loans held for sale, at fair value MortgagesHeldForSaleFairValueDisclosure $8.44B USD Point-in-time
Mortgage servicing rights (MSRs), at fair value ServicingAssetAtFairValueAmount $6.41B USD Point-in-time
Mortgage servicing rights (MSRs), at fair value ServicingAssetAtFairValueAmount $6.95B USD Point-in-time
Mortgage servicing rights (MSRs), at fair value ServicingAssetAtFairValueAmount $5.39B USD Point-in-time
Mortgage servicing rights (MSRs), at fair value ServicingAssetAtFairValueAmount $6.67B USD Point-in-time
Notes receivable and due from affiliates DueFromRelatedParties $10.80M USD Point-in-time
Notes receivable and due from affiliates DueFromRelatedParties $8.07M USD Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $486,940 and $463,262, respectively PropertyPlantAndEquipmentNet $267.32M USD Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $486,940 and $463,262, respectively PropertyPlantAndEquipmentNet $274.19M USD Point-in-time
Deferred tax asset, net DeferredIncomeTaxAssetsNet $541.25M USD Point-in-time
Deferred tax asset, net DeferredIncomeTaxAssetsNet $537.96M USD Point-in-time
Lease right of use assets OperatingLeaseRightOfUseAsset $391.90M USD Point-in-time
Lease right of use assets OperatingLeaseRightOfUseAsset $366.19M USD Point-in-time
Loans subject to repurchase right from Ginnie Mae LoansSubjectToRepurchaseRightAsset $1.64B USD Point-in-time
Loans subject to repurchase right from Ginnie Mae LoansSubjectToRepurchaseRightAsset $1.63B USD Point-in-time
Goodwill and intangible assets, net IntangibleAssetsNetIncludingGoodwill $1.26B USD Point-in-time
Goodwill and intangible assets, net IntangibleAssetsNetIncludingGoodwill $1.25B USD Point-in-time
Other assets OtherAssets $860.29M USD Point-in-time
Other assets OtherAssets $799.16M USD Point-in-time
Total assets Assets $21.20B USD Point-in-time
Total assets Assets $20.08B USD Point-in-time
Funding facilities SecuredDebt $5.24B USD Point-in-time
Funding facilities SecuredDebt $3.55B USD Point-in-time
Senior Notes, net SeniorNotes $4.03B USD Point-in-time
Senior Notes, net SeniorNotes $4.03B USD Point-in-time
Early buy out facility OtherLongTermDebt $423.83M USD Point-in-time
Early buy out facility OtherLongTermDebt $672.88M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $116.33M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $135.04M USD Point-in-time
Lease liabilities OperatingLeaseLiability $448.33M USD Point-in-time
Lease liabilities OperatingLeaseLiability $422.77M USD Point-in-time
Forward commitments, at fair value DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue $25.12M USD Point-in-time
Forward commitments, at fair value DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue $87.92M USD Point-in-time
Investor reserves LoanRepresentationAndWarrantyReserve $110.15M USD Point-in-time
Investor reserves LoanRepresentationAndWarrantyReserve $107.13M USD Point-in-time
Notes payable and due to affiliates DueToRelatedPartiesCurrentAndNoncurrent $33.46M USD Point-in-time
Notes payable and due to affiliates DueToRelatedPartiesCurrentAndNoncurrent $30.45M USD Point-in-time
Tax receivable agreement liability TaxReceivableAgreementLiability $578.00M USD Point-in-time
Tax receivable agreement liability TaxReceivableAgreementLiability $613.69M USD Point-in-time
Loans subject to repurchase right from Ginnie Mae LoansSubjectToRepurchaseRightLiability $1.64B USD Point-in-time
Loans subject to repurchase right from Ginnie Mae LoansSubjectToRepurchaseRightLiability $1.63B USD Point-in-time
Other liabilities OtherLiabilities $393.20M USD Point-in-time
Other liabilities OtherLiabilities $390.27M USD Point-in-time
Total liabilities Liabilities $11.61B USD Point-in-time
Total liabilities Liabilities $13.09B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $276.22M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $294.72M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $300.39M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $281.00M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $69.00K USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-32.00K USD Point-in-time
Non-controlling interest MinorityInterest $7.90B USD Point-in-time
Non-controlling interest MinorityInterest $7.53B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.70B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.48B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.11B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.76B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $20.08B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $21.20B USD Point-in-time
Income Statement 66 line items
Line Item Tag Value Unit Period
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $687.17M USD 1 Quarter
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $265.00M USD 1 Quarter
Fair value of originated MSRs MortgageServicingRightFairValueOnOrigination $796.62M USD 1 Quarter
Fair value of originated MSRs MortgageServicingRightFairValueOnOrigination $204.56M USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $1.48B USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $469.56M USD 1 Quarter
Servicing fee income ContractuallySpecifiedServicingFeesAmount $366.38M USD 1 Quarter
Servicing fee income ContractuallySpecifiedServicingFeesAmount $366.21M USD 1 Quarter
Change in fair value of MSRs MortgageServicingRightsMSRChangeInFairValue $-454.38M USD 1 Quarter
Change in fair value of MSRs MortgageServicingRightsMSRChangeInFairValue $398.28M USD 1 Quarter
Loan servicing (loss) income, net LoanServicingIncomeLoss $820.59M USD 1 Quarter
Loan servicing (loss) income, net LoanServicingIncomeLoss $-31.89M USD 1 Quarter
Interest income InterestAndFeeIncomeLoansAndLeases $90.54M USD 1 Quarter
Interest income InterestAndFeeIncomeLoansAndLeases $66.74M USD 1 Quarter
Interest expense on funding facilities InterestExpenseFundingFacilities $29.06M USD 1 Quarter
Interest expense on funding facilities InterestExpenseFundingFacilities $41.70M USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $48.84M USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $37.68M USD 1 Quarter
Other income OtherIncome $317.37M USD 1 Quarter
Other income OtherIncome $190.72M USD 1 Quarter
Total revenue, net RevenuesNetOfInterestExpense $666.07M USD 1 Quarter
Total revenue, net RevenuesNetOfInterestExpense $2.67B USD 1 Quarter
Salaries, commissions and team member benefits LaborAndRelatedExpense $603.77M USD 1 Quarter
Salaries, commissions and team member benefits LaborAndRelatedExpense $853.91M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $275.86M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $195.39M USD 1 Quarter
Marketing and advertising expenses MarketingAndAdvertisingExpense $181.60M USD 1 Quarter
Marketing and advertising expenses MarketingAndAdvertisingExpense $328.06M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $21.04M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $30.68M USD 1 Quarter
Interest and amortization expense on non-funding debt InterestAndAmortizationExpenseNonFundingDebt $38.66M USD 1 Quarter
Interest and amortization expense on non-funding debt InterestAndAmortizationExpenseNonFundingDebt $38.33M USD 1 Quarter
Other expenses OtherNoninterestExpense $32.27M USD 1 Quarter
Other expenses OtherNoninterestExpense $90.60M USD 1 Quarter
Total expenses CostsAndExpenses $1.61B USD 1 Quarter
Total expenses CostsAndExpenses $1.08B USD 1 Quarter
(Loss) income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-415.99M USD 1 Quarter
(Loss) income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.06B USD 1 Quarter
Benefit from (provision for) income taxes IncomeTaxExpenseBenefit $25.85M USD 1 Quarter
Benefit from (provision for) income taxes IncomeTaxExpenseBenefit $-4.50M USD 1 Quarter
Net (loss) income ProfitLoss $1.04B USD 1 Quarter
Net (loss) income ProfitLoss $-411.48M USD 1 Quarter
Net loss (income) attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $982.90M USD 1 Quarter
Net loss (income) attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $-392.96M USD 1 Quarter
Net (loss) income attributable to Rocket Companies NetIncomeLoss $-18.52M USD 1 Quarter
Net (loss) income attributable to Rocket Companies NetIncomeLoss $53.71M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.44 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.15 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.40 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.16 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 122.69M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 124.73M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.98B shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.97B shares 1 Quarter
Net (loss) income ProfitLoss $1.04B USD 1 Quarter
Net (loss) income ProfitLoss $-411.48M USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $7.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $588.00K USD 1 Quarter
Unrealized loss on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.59M USD 1 Quarter
Unrealized loss on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.50M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.04B USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-413.06M USD 1 Quarter
Comprehensive loss (income) attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $982.05M USD 1 Quarter
Comprehensive loss (income) attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-394.44M USD 1 Quarter
Comprehensive (loss) income attributable to Rocket Companies ComprehensiveIncomeNetOfTax $53.65M USD 1 Quarter
Comprehensive (loss) income attributable to Rocket Companies ComprehensiveIncomeNetOfTax $-18.62M USD 1 Quarter
Cash Flow Statement 82 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $1.04B USD 1 Quarter
Net (loss) income ProfitLoss $-411.48M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $21.04M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $30.68M USD 1 Quarter
(Benefit from) provision for deferred income taxes DeferredIncomeTaxesAndTaxCredits $-8.51M USD 1 Quarter
(Benefit from) provision for deferred income taxes DeferredIncomeTaxesAndTaxCredits $1.79M USD 1 Quarter
Origination of mortgage servicing rights MortgageServicingRightFairValueOnOrigination $796.62M USD 1 Quarter
Origination of mortgage servicing rights MortgageServicingRightFairValueOnOrigination $204.56M USD 1 Quarter
Change in fair value of MSRs, net MortgageServicingRightsMSRImpairmentRecovery $397.68M USD 1 Quarter
Change in fair value of MSRs, net MortgageServicingRightsMSRImpairmentRecovery $-478.65M USD 1 Quarter
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $687.17M USD 1 Quarter
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $265.00M USD 1 Quarter
Disbursements of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $54.17B USD 1 Quarter
Disbursements of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $16.79B USD 1 Quarter
Proceeds from sale of loans held for sale ProceedsFromSaleOfLoansHeldForSale $63.19B USD 1 Quarter
Proceeds from sale of loans held for sale ProceedsFromSaleOfLoansHeldForSale $15.99B USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $55.59M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $51.96M USD 1 Quarter
Due from affiliates IncreaseDecreaseDueFromAffiliates $1.04M USD 1 Quarter
Due from affiliates IncreaseDecreaseDueFromAffiliates $-2.72M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $61.44M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $37.03M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $18.71M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $17.32M USD 1 Quarter
Due to affiliates IncreaseDecreaseInDueToAffiliates $-4.17M USD 1 Quarter
Due to affiliates IncreaseDecreaseInDueToAffiliates $-3.19M USD 1 Quarter
Premium recapture and indemnification losses paid IncreaseDecreaseInPremiumsAndIndemnification $-50.32M USD 1 Quarter
Premium recapture and indemnification losses paid IncreaseDecreaseInPremiumsAndIndemnification $-515.00K USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $628.60M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-31.75M USD 1 Quarter
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $7.74B USD 1 Quarter
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-914.21M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-1.33B USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $8.77B USD 1 Quarter
Proceeds from sale of MSRs ProceedsFromSaleOfMortgageServicingRightsMSR $81.54M USD 1 Quarter
Proceeds from sale of MSRs ProceedsFromSaleOfMortgageServicingRightsMSR $253.95M USD 1 Quarter
Net purchase of MSRs PaymentsToAcquireMortgageServicingRightsMSR $15.58M USD 1 Quarter
Net purchase of MSRs PaymentsToAcquireMortgageServicingRightsMSR $3.29M USD 1 Quarter
Decrease in mortgage loans held for investment ProceedsFromSaleOfLoansHeldForInvestment $7.11M USD 1 Quarter
Decrease in mortgage loans held for investment ProceedsFromSaleOfLoansHeldForInvestment $3.19M USD 1 Quarter
Purchases of investment securities, available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt - USD 1 Quarter
Purchases of investment securities, available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $5.47M USD 1 Quarter
Sales of investment securities, available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $6.48M USD 1 Quarter
Sales of investment securities, available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt - USD 1 Quarter
Purchase and other additions of property and equipment, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $23.82M USD 1 Quarter
Purchase and other additions of property and equipment, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $26.74M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $218.73M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $58.63M USD 1 Quarter
Net borrowings (payments) on funding facilities ProceedsFromIssuanceOfSecuredDebt $1.69B USD 1 Quarter
Net borrowings (payments) on funding facilities RepaymentsOfSecuredDebt $6.28B USD 1 Quarter
Net payments on lines of credit RepaymentsOfLongTermLinesOfCredit - USD 1 Quarter
Net payments on lines of credit RepaymentsOfLongTermLinesOfCredit $75.00M USD 1 Quarter
Net payments on early buy out facility RepaymentsOfOtherLongTermDebt $198.62M USD 1 Quarter
Net payments on early buy out facility RepaymentsOfOtherLongTermDebt $249.05M USD 1 Quarter
Net borrowings on notes payable from unconsolidated affiliates ProceedsFromRelatedPartyDebt $174.00K USD 1 Quarter
Net borrowings on notes payable from unconsolidated affiliates ProceedsFromRelatedPartyDebt $174.00K USD 1 Quarter
Stock issuance ProceedsFromIssuanceOfCommonStock $11.57M USD 1 Quarter
Stock issuance ProceedsFromIssuanceOfCommonStock $6.12M USD 1 Quarter
Share repurchase PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Share repurchase PaymentsForRepurchaseOfCommonStock $100.16M USD 1 Quarter
Taxes withheld on employees' restricted share award vesting PaymentsRelatedToTaxWithholdingForShareBasedCompensation $6.99M USD 1 Quarter
Taxes withheld on employees' restricted share award vesting PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.30M USD 1 Quarter
Distributions to other unit holders (members) of Holdings, net PaymentsOfDistributionsToAffiliates $1.94M USD 1 Quarter
Distributions to other unit holders (members) of Holdings, net PaymentsOfDistributionsToAffiliates $2.17B USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-8.82B USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $1.44B USD 1 Quarter
Effects of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $589.00K USD 1 Quarter
Effects of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.00K USD 1 Quarter
Net increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $176.09M USD 1 Quarter
Net increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $168.59M USD 1 Quarter
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.21B USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.39B USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $957.69M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $789.10M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.21B USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.39B USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $957.69M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $789.10M USD Point-in-time
Loans transferred to other real estate owned TransferToOtherRealEstate $726.00K USD 1 Quarter
Loans transferred to other real estate owned TransferToOtherRealEstate $435.00K USD 1 Quarter
Cash paid for interest on related party borrowings InterestPaidRelatedPartyBorrowings $2.45M USD 1 Quarter
Cash paid for interest on related party borrowings InterestPaidRelatedPartyBorrowings $1.23M USD 1 Quarter
Stockholders Equity 28 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.70B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.48B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.11B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.76B USD Point-in-time
Net income ProfitLoss $1.04B USD 1 Quarter
Net income ProfitLoss $-411.48M USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $7.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $588.00K USD 1 Quarter
Unrealized loss on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.59M USD 1 Quarter
Unrealized loss on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.50M USD 1 Quarter
Share-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $53.38M USD 1 Quarter
Share-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $50.81M USD 1 Quarter
Distributions for state taxes on behalf of unit holders (members), net DistributionsOnBehalfOfUnitHoldersStateTaxes $-117.00K USD 1 Quarter
Distributions for state taxes on behalf of unit holders (members), net DistributionsOnBehalfOfUnitHoldersStateTaxes $35.71M USD 1 Quarter
Distributions to unit holders (members) from subsidiary investment, net MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.86B USD 1 Quarter
Special Dividend to Class A Shareholders, net of forfeitures DividendsCommonStockCash $-370.00K USD 1 Quarter
Special Dividend to Class A Shareholders, net of forfeitures DividendsCommonStockCash $155.58M USD 1 Quarter
Taxes withheld on employees' restricted share award vesting AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $6.99M USD 1 Quarter
Taxes withheld on employees' restricted share award vesting AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $1.30M USD 1 Quarter
Issuance of Class A common Shares under stock compensation and benefit plans StockIssuedDuringPeriodValueStockCompensationAndEmployeeBenefitPlan $13.67M USD 1 Quarter
Issuance of Class A common Shares under stock compensation and benefit plans StockIssuedDuringPeriodValueStockCompensationAndEmployeeBenefitPlan $7.25M USD 1 Quarter
Repurchase of Class A common Shares StockRepurchasedDuringPeriodValue $100.16M USD 1 Quarter
Change in controlling interest of investment, net StockExchangedDuringThePeriodIncreaseDecreaseNetOfTaxAndTaxReceivableAgreementLiabilityAmount $-4.70M USD 1 Quarter
Change in controlling interest of investment, net StockExchangedDuringThePeriodIncreaseDecreaseNetOfTaxAndTaxReceivableAgreementLiabilityAmount $-12.39M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.70B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.48B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.11B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.76B USD Point-in-time

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

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