Annual report pursuant to Section 13 and 15(d)

INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details)

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INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Deferred tax assets:    
Net operating losses and tax credit carryforwards $ 79,897 $ 41,713
Basis differences for REO and other assets 16,279 8,453
Unrealized mark to market 10,084 36,758
Other 1,194 3,087
Total deferred tax assets 107,454 90,011
Less valuation allowance 0 0
Net deferred tax assets 107,454 90,011
Deferred tax liabilities:    
Mortgage servicing rights (65,582) 0
Basis difference for partnership and other investments (29,022) (24,179)
Fixed asset depreciation (4,181) 0
Total deferred tax liability (98,785) (24,179)
Net deferred tax assets (liability) 8,669 $ 65,832
Taxable REIT Subsidiaries    
Operating Loss Carryforwards [Line Items]    
Net operating loss carryforwards 328,000  
Net operating loss carryforward that will being to expire in 2034 $ 9,100