Fair Value Measurements - Summary of Reconciliation of Level Three Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Level 3 - USD ($) $ in Thousands |
3 Months Ended | |
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Mar. 31, 2021 |
Mar. 31, 2020 |
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IRLCs | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Beginning balance | $ 130,338 | $ 19,922 |
Net transfers and revaluation gains | (92,329) | 81,333 |
Ending balance | 38,009 | 101,255 |
Contingent Liabilities | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Beginning balance | 18,094 | 8,073 |
Payments | (8,146) | (2,405) |
Valuation adjustments | 6,620 | 9,007 |
Ending balance | $ 16,568 | $ 14,675 |
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- Definition Fair value measurement with unobservable inputs reconciliation recurring basis asset net transfers and revaluation gains. No definition available.
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- Definition Fair value measurement with unobservable inputs reconciliation recurring basis liability valuation adjustments. No definition available.
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- Definition Fair value measurement with unobservable inputs reconciliation recurring basis liability payments. No definition available.
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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