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OTHER INCOME, ASSETS AND LIABILITIES - Schedule of Other Assets and Liabilities (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Other Assets    
Margin receivable, net $ 60,841 $ 59,021
Other receivables [1] 23,571 1,797
Deferred financing costs, net [2] 0 0
Principal paydown receivable 920 3,595
Receivable from government agency [3] 58,384 9,108
Call rights 414 3,728
Interest receivable 35,755 8,658
Servicer advances, at fair value 7,499,775 3,270,839
Other assets [4] 19,203 9,516
Other Assets 261,640 95,423
Accrued Expenses and Other Liabilities    
Interest payable 14,562 7,857
Accounts payable 19,875 28,059
Derivative liabilities 29,364 14,220
Current taxes payable 1,883 2,349
Contingent consideration 50,000 0
Settlement payable 9,100 0
Settlement payable [5] 8,642 20
Accrued Expenses and Other Liabilities 133,426 52,505
GNMA EBO [Member]    
Other Assets    
Servicer advances, at fair value [6] $ 62,552 $ 0
[1] Primarily includes a receivable from Ocwen related to their servicer rating downgrade, funds in transit from the EBO loan repurchase agreement counterparty, and claims receivable related to residual securities owned.
[2] Deferred financing costs were reclassified as an offset to the related debt obligation in June 2015 pursuant to ASU No. 2015-03 (Note 1).
[3] Represents claims receivable from FHA on EBO and reverse mortgage loans for which foreclosure has been completed and for which New Residential has made or intends to make a claim on the FHA guarantee.
[4] Primarily includes prepaid expenses.
[5] Primarily includes accrued retention bonus and severance arrangements for HLSS employees.
[6] Represents an HLSS loan to a counterparty collateralized by servicer advances on GNMA EBO loans.