Ready capital corporation (SLD)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12
Cash Flows From Operating Activities:
Net income (loss)

-51,516

20,936

12,427

11,243

30,450

9,486

17,569

15,884

18,518

12,730

12,374

11,153

9,557

26,074

9,571

8,648

9,113

8,869

28,772

6,709

417

3,087

1,279

25,872

2,482

9,000

4,148

-7,568

1,973

2,645

8,058

3,328

6,233

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,807

0

0

-351

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income from continuing operations

-

-

-

-

-

-

-

15,884

18,518

-

-

-

-

27,881

9,571

8,648

9,464

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Amortization of premiums, discounts, and debt issuance costs, net

9,366

-

-

-

7,975

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized gain or loss on derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

894

538

-

-369

-1,837

-2,961

734

-2,697

2,749

495

-27

-212

-937

286

Discount accretion and premium amortization of financial instruments, net

-

-

-

-

-

-

-2,597

-2,375

-2,038

-

-2,179

-2,717

-2,476

-3,322

-4,435

-2,482

-7,739

-

-

255

248

-34,859

236

231

224

88

0

0

0

-

-

-

-

Amortization of guaranteed loan financing, deferred financing costs, and intangible assets

-

-

-

-

-

-

6,182

8,190

3,492

-

5,151

5,167

4,948

4,708

4,678

4,805

5,266

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

39,804

1,125

693

1,348

518

1,130

800

-396

167

506

466

159

1,232

3,130

488

2,017

2,184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss on real estate, held for sale

2,969

-

-

-

305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Charge off of real estate acquired in settlement of loans

-

-

-

-

-

-

236

981

19

-

643

0

103

921

279

66

567

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in repair and denial reserve

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-343

103

1,462

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in repair and denial reserve

-136

-566

-573

705

89

-

-

-

110

-

-

-

-263

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale or maturity of short-term investments, net

-

-

-

-

-

-

-

-

-

-739,427

-1

339,874

719,948

819,997

250,000

249,999

249,996

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of short-term investments

-

-

-

-

-

-

-

-

-

-

99,982

99,962

639,481

819,809

249,878

249,970

249,957

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net settlement of derivative instruments

8,818

2,151

-131

3,404

795

-178

213

249

-4,556

171

741

119

225

630

299

562

567

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of loans, held for sale, at fair value

-

-

-

-

-

-

-

-

-

0

5,286

0

5,909

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination of loans, held for sale, at fair value

881,549

731,489

805,149

639,231

445,455

506,171

590,327

700,492

610,502

625,527

660,073

672,469

550,084

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposition and principal payments of loans, held for sale, at fair value

793,428

769,043

802,357

598,618

458,503

530,401

670,911

708,011

677,401

628,075

703,476

645,157

594,875

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized gains, net

40,538

-

-

-

20,126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized losses, net

-33,488

-

-

-

-6,912

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (accretion)/amortization of (discounts)/premiums related to mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

230

28

-

-

-

-

Change in unrealized gain or loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

351

1,214

-

-151

-85

958

Net (accretion)/amortization of (discounts)/premiums related to other investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Change in unrealized gain or loss on mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,596

-28

-

-

-

-

Change in unrealized gain or loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-803

-1,139

-

-

-

-

-

-

-15,642

903

-

6,269

2,903

6,489

Change in unrealized gain or loss on other investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Gain on sale of mortgages held for sale included in Residential mortgage banking activities

-

-

-

-

-

-

10,516

11,795

6,279

-

16,388

20,024

13,394

-

-

-

-

-

-

-

-

-

-

-

-

-

346

66

0

-

-

-

-

Gain on derivatives included in Residential mortgage banking activities

-

-

-

-

-

-

185

-869

1,162

-

-202

-265

-1,576

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Creation of servicing rights, net of payoffs

-

-

-

-

-

-

-

-

4,408

-

3,747

3,842

3,803

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on bargain purchase

-

0

0

0

30,728

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in net loss (income) of unconsolidated joint ventures, net of distributions

-3,537

29

675

2,305

2,707

1

0

0

-1,048

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchased future receivables, net of payoffs

12,802

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for doubtful accounts on purchased future receivables

6,917

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net changes in operating assets and liabilities
Net realized gains on financial instruments and real estate owned

-

-

-

-

-

-

6,945

8,619

12,232

-

5,695

4,490

2,966

3,194

2,454

1,075

191

-

-

-

-

-

-

-

-

-

-9,113

-246

0

-

849

109

-2,061

Net unrealized losses (gains) on financial instruments

-

-

-

-

-

-

8,500

4,456

3,008

-

2,676

975

1,282

12,137

3,534

2,602

-336

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

230

227

-

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale and principal payments on mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

549,864

431,251

-

0

0

0

-

-

-

-

-

-

-

-

Originations and purchases of mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

503,950

451,669

-

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,603

7,920

-

0

0

0

-

-

-

-

-

-

-

-

Capitalization of originated mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,680

3,409

-

0

0

0

-

-

-

-

-

-

-

-

Assets of consolidated VIEs (excluding loans, net), accrued interest and due from servicers

-17,764

18,077

-6,896

12,490

-2,406

12,245

-1,079

-7,339

8,261

-13,712

7,565

6,503

-24,675

24,735

-3,399

1,088

-607

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivable from third parties

-674

627

-2,058

2,045

-8,170

7,359

549

-10,084

4,308

0

-99,806

-4,659

104,001

3,129

0

-615

-186

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

8,646

9,101

8,533

838

7,814

513

1,153

2,008

-5,122

26,191

-3,017

-20,852

11,576

4,105

6,159

-5,718

7,738

566

3,847

-336

810

27,576

-3,019

2,674

-1,192

-1,032

2,051

-222

524

776

523

-26

-20

Accounts payable and other accrued liabilities

-3,954

15,461

9,225

6,782

-6,647

-5,271

6,877

8,598

-10,013

19,604

1,215

-5,427

-5,998

3,056

6,887

2,807

-3,170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accounts payable and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,401

467

-

1,603

-914

1,814

983

-469

-375

1,163

855

729

-614

256

Increase in contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

325

523

-

0

0

0

-

-

-

-

-

-

-

-

Increase in accrued interest payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

162

232

129

-

-0

4

-4

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

2,921

-1,014

16,793

-2,218

32,744

7,179

18,661

-30,084

-258,871

4,157

-3,439

1,666

2,914

1,682

3,405

128

-

-

-

-

Net cash (used in) provided by operating activities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

1,471

-580

-1,461

-1,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by operating activities

-100,012

12,473

-6,863

-59,063

1,056

5,094

76,981

10,000

48,222

104,284

21,728

211,021

15,456

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,508

753

830

Cash Flow From Investing Activities:
Origination of loans

328,509

388,338

350,850

322,588

245,367

239,137

211,050

365,475

118,945

106,987

136,717

131,922

79,349

100,135

26,399

79,753

109,052

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of loans

52,067

169,748

67,837

372,426

128,991

8,559

90,550

128,309

142,000

69,010

10,970

61,770

5,577

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination of loans, held-for-investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-45,140

118,555

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of mortgage backed securities, at fair value

1,576

-

-

-

-

5,967

56,919

0

10,419

-

-

-

-

0

8,844

0

8,544

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of real estate

-

-

-

-

-

0

185

1,194

191

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Funding of unconsolidated joint ventures

1,644

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds on unconsolidated joint venture in excess of earnings recognized

3,578

8,771

341

727

5,739

7,477

684

8,631

4,092

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of liability under participation agreements, net of proceeds received

-

-

-

-

-

375

89

10

81

458

24

131

487

1,163

452

249

454

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposition and principal payment of loans

222,868

276,550

170,659

195,693

183,800

125,123

150,245

353,958

116,836

118,760

101,628

94,687

106,989

149,959

194,546

43,741

91,719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposition and principal payment of loans, held-for-investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,942

179,161

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale and principal payment of mortgage backed securities, at fair value

5,031

4,617

4,284

2,176

3,277

8,086

17,842

791

3,662

2,162

3,190

3,001

1,224

100,103

1,928

91,262

103,957

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of real estate

7,851

3,357

5,658

9,683

285

73

716

228

614

3,027

539

659

577

1,909

1,616

648

2,460

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash acquired in connection with the ORM Merger

-

0

0

0

10,822

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination of mortgage loans held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

717

1,476

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of mortgage loans held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

685

0

-

0

0

84,795

0

214,403

108,918

10,839

0

0

0

0

Proceeds from principal repayments on mortgage loans held for investment and held for sale previously held for investment.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,023

7,460

-

6,765

6,018

3,490

5,959

7,043

867

0

-

-

-

-

Acquisitions of real estate securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,203

110

11,720

41,032

20,607

47,902

296,721

21,177

10,441

7,597

65,083

Proceeds from principal repayments on real estate securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,012

3,942

-

8,066

7,547

8,034

6,900

15,213

17,252

7,386

7,038

6,008

8,006

2,224

Proceeds from sales of real estate securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,486

0

-

10,246

0

2,072

8,510

228,924

47,111

6,801

9,456

36,000

3,257

25,502

Acquisitions of Other Investment Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,250

0

10,676

0

0

0

0

-

-

-

-

Purchase of swaption

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,803

0

0

0

0

-

-

-

-

(Increase) Decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,136

-2,254

1,838

-13,260

16,105

-749

-4,112

10,142

-1,107

2,293

3,722

-903

-9,514

2,685

6,092

646

840

990

-424

Net cash (used in) provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

138,854

-72,673

-142,175

13,384

14,038

-778,165

-11,268

11,161

-102,121

-18,758

25,684

-94,273

-299,465

-

-

-

-

Net cash (used in) investing activities

-144,468

-292,547

-245,637

-504,173

-170,435

-113,279

-189,306

-131,742

-146,432

-106,827

-42,354

-109,924

23,377

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,726

2,674

-36,931

Cash Flows From Financing Activities:
Proceeds from secured borrowings

1,866,732

1,442,332

1,447,004

1,557,979

951,342

767,243

927,441

970,578

938,671

863,587

918,608

1,039,816

1,733,946

275,328

4,139,049

50,650

4,789

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of secured borrowings

1,356,573

1,600,508

1,119,998

1,416,541

950,377

755,854

788,665

949,312

912,948

756,338

1,232,972

1,101,959

1,762,134

445,829

4,164,406

21,058

18,694

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of securitized debt obligations of consolidated VIEs

-

515,933

9,645

514,094

355,846

216,986

25,332

217,022

148,497

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of securitized debt obligations of consolidated VIEs

125,468

161,731

113,389

83,192

118,893

62,958

70,724

98,981

65,111

161,168

-29,743

36,863

59,512

34,022

27,800

33,882

27,284

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from borrowings under repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,347,332

957,090

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from note offerings

-

-

-

-

-

50,000

0

0

41,328

115,000

0

66,917

75,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of borrowings under repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,393,108

986,614

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of guaranteed loan financing

34,672

4,539

3,520

6,119

20,526

19,383

20,702

17,535

17,360

23,805

22,613

32,624

31,903

28,132

27,414

34,538

32,519

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of promissory note

-

-

-

-

-

-

-

-

-

-

279

273

332

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of deferred financing costs

1,602

10,080

3,087

7,502

7,538

4,887

821

8,680

4,443

1,622

10,645

2,241

2,377

406

444

78

528

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of common stock repurchase liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

591

5,158

-

-

-

-

Net borrowings under warehouse lines of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20,793

27,468

-

0

0

0

-240,477

151,365

89,112

0

-

-

-

-

Borrowings from treasury securities repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net (repayments)/borrowings under loan repurchase facilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,697

-244

-

-431

-3,792

61,342

-

-

-

-

-

-

-

-

Borrowings from securities repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

281

1,016

-

33,676

41,934

29,607

31,336

46,825

65,636

222,304

17,239

12,291

1,872

47,726

Repayments of securities repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,714

4,404

-

24,416

44,771

9,018

26,807

221,260

52,748

42,775

11,287

32,303

5,177

11,876

Dividends on common stock and distributions on OP units (net of change in dividends and distributions payable)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,559

3,559

-

3,559

3,559

8,452

4,448

4,004

1,957

0

-

-

-

-

Contributions, net

-

-

-

-

-

-

50

-63

107

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity issuance, net of offering costs

13,372

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

118,862

4,757

0

0

0

Payment of contingent consideration

-

0

0

0

1,207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

148

8

-0

7

0

Distributions from non-controlling interests, net

-

-

-

-

-20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Redemption)/Issuance of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

115

Dividend payments

21,302

18,292

18,292

13,396

13,346

13,346

13,340

12,342

12,289

12,289

12,289

12,177

11,505

10,110

12,806

10,592

13,366

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares redeemed pursuant to reverse merger transaction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,181

0

0

0

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-117,126

-

163,452

-41,433

20,277

908,030

5,269

-10,188

73,478

51,436

-27,073

99,234

293,083

-

-

-

-

Net cash (used in) provided by financing activities

340,487

302,916

255,598

544,404

195,281

128,403

57,903

141,720

116,452

5,911

25,779

-79,375

-58,817

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20,011

-6,577

35,964

Net increase (decrease) in cash, cash equivalents, and restricted cash

96,007

22,842

3,098

-18,832

25,902

20,218

-54,422

19,978

18,242

3,368

5,153

21,722

-19,984

26,092

-16,499

-4,973

18,361

-37,702

27,686

-9,386

4,231

-130,055

-1,841

-2,465

-26,975

35,592

293

8,366

-6,252

3,795

12,223

-3,148

-136

Supplemental disclosure of operating cash flow
Cash paid for interest

44,576

31,347

36,925

23,445

34,471

25,687

27,679

19,445

23,135

15,346

19,752

12,376

14,632

16,019

12,606

12,492

13,569

-

-

-

-

6,301

3,797

4,985

2,622

2,216

2,171

924

384

361

348

374

293

Cash (received) paid for income taxes

-

-52

140

376

-3,125

-160

0

262

796

1,270

-892

2,915

480

243

2,573

1,525

1,820

-

-

-

-

1,136

0

0

0

0

0

0

0

0

0

0

0

Stock-based compensation

894

350

100

293

733

80

80

136

151

73

56

90

363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of non-cash investing activities
Loans transferred from Loans, held for sale, at fair value to Loans, net

509

-

-

-

-

-254

228

337

333

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans transferred from Loans, net to Loans, held for sale, at fair value

-

-

-

-

-

-

-

-

-

-1,447

0

334

5,606

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deconsolidation of assets in securitization trusts

-

0

0

0

177,815

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Incentive shares issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

482

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issued in connection with merger transactions

-

-

-

-

179,321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deconsolidation of borrowings in securitization trusts

-

0

0

0

177,815

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based component of incentive fees

53

-

-

-

233

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Conversion of mortgage loans held for investment to real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

947

189

-

169

0

0

-

-

-

-

-

-

-

-