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 | 6 Months Ended | ||
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Jun. 30, 2021 |
Jun. 30, 2020 |
Jun. 30, 2021 |
Jun. 30, 2020 |
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IRLCs | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Beginning balance | $ 38,009 | $ 101,255 | $ 130,338 | $ 19,922 |
Net transfers and revaluation gains | 6,477 | 40,374 | (85,852) | 121,707 |
Ending balance | 44,486 | 141,629 | 44,486 | 141,629 |
Contingent Liabilities | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Beginning balance | 16,568 | 14,675 | 18,094 | 8,073 |
Payments | (2,646) | (2,741) | (10,792) | (5,146) |
Valuation adjustments | 6,494 | 11,018 | 13,114 | 20,025 |
Ending balance | $ 20,416 | $ 22,952 | $ 20,416 | $ 22,952 |
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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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