SEGMENT REPORTING (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Segment Reporting Tables

Schedule of segment reporting

Summary financial data on New Residential’s segments is given below, together with a reconciliation to the same data for New Residential as a whole:

	Excess MSRs		Real Estate Securities and Loans		Consumer Loans		Corporate			Total
Three Months Ended June 30, 2013
Interest income	$	10,745	$	12,216	$	—	$	38		$	22,999
Interest expense		—		2,651		—		—			2,651
Net interest income		10,745		9,565		—		38			20,348
Impairment		—		3,756		—		—			3,756
Other income		61,960		58		36,164		—			98,182
Operating expenses		34		152		—		5,366			5,552
Net income (loss)	$	72,671	$	5,715	$	36,164	$	(5,328	)	$	109,222

	Excess MSRs		Real Estate Securities and Loans		Consumer Loans		Corporate			Total
Six Months Ended June 30, 2013
Interest income	$	20,780	$	18,372	$	—	$	38		$	39,190
Interest expense		—		3,550		—		—			3,550
Net interest income		20,780		14,822		—		38			35,640
Impairment		—		3,756		—		—			3,756
Other income		64,787		58		36,164		—			101,009
Operating expenses		96		152		1,951		8,397			10,596
Net income (loss)	$	85,471	$	10,972	$	34,213	$	(8,359	)	$	122,297

	Excess MSRs			Real Estate Securities and Loans			Consumer Loans		Corporate			Total
June 30, 2013
Investments	$	454,573		$	1,792,875		$	280,816	$	—		$	2,528,264
Cash and cash equivalents		—			—			—		209,699			209,699
Other assets		—			4,379			—		100			4,479
Total assets		454,573			1,797,254			280,816		209,799			2,742,442
Debt		—			(1,474,338	)		—		—			(1,474,338	)
Other liabilities		(67	)		(1,734	)		—		(20,578	)		(22,379	)
Total liabilities		(67	)		(1,476,072	)		—		(20,578	)		(1,496,717	)
GAAP book value	$	454,506		$	321,182		$	280,816	$	189,221		$	1,245,725
Investments in equity method investees	$	183,153		$	—		$	280,816	$	—		$	463,969

	Excess MSRs		Real Estate Securities and Loans		Consumer Loans		Corporate			Total
Three Months Ended June 30, 2012
Interest income	$	4,479	$	—	$	—	$	—		$	4,479
Interest expense		—		—		—		—			—
Net interest income		4,479		—		—		—			4,479
Other income		3,523		—		—		—			3,523
Operating expenses		761		—		—		767			1,528
Net income (loss)	$	7,241	$	—	$	—	$	(767	)	$	6,474

	Excess MSRs		Real Estate Securities and Loans		Consumer Loans		Corporate			Total
Six Months Ended June 30, 2012
Interest income	$	6,516	$	—	$	—	$	—		$	6,516
Interest expense		—		—		—		—			—
Net interest income		6,516		—		—		—			6,516
Other income		4,739		—		—		—			4,739
Operating expenses		1,147		—		—		946			2,093
Net income (loss)	$	10,108	$	—	$	—	$	(946	)	$	9,162

Summary financial data on New Residential’s segments is given below, together with a reconciliation to the same data for New Residential as a whole:

	Excess MSRs		Real Estate Securities		Corporate			New Residential
Year ended December 31, 2012
Interest income	$	27,496	$	6,263	$	—		$	33,759
Interest expense		—		704		—			704
Net interest income (expense)		27,496		5,559		—			33,055
Change in fair value of investments in excess mortgage servicing rights		9,023		—		—			9,023
Other income (loss)		8,400		—		—			8,400
Expenses		5,449		—		3,782			9,231
Net Income (Loss)	$	39,470	$	5,559	$	(3,782	)	$	41,247
December 31, 2012
Total Assets	$	245,068	$	289,808	$	—		$	534,876

	Excess MSRs		Real Estate Securities		Corporate			New Residential
Period from December 8, 2011 (Commencement of Operations) through December 31, 2011
Interest income	$	1,260	$	—	$	—		$	1,260
Interest expense		—		—		—			—
Net interest income (expense)		1,260		—		—			1,260
Change in fair value of investments in excess mortgage servicing rights		367		—		—			367
Expenses		809		—		104			913
Net Income (Loss)	$	818	$	—	$	(104	)	$	714
December 31, 2011
Total Assets	$	43,791	$	—	$	—		$	43,791