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DEBT OBLIGATIONS - Schedule of Debt Obligations (Footnote) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
[2]
Debt Instrument [Line Items]      
Accrued interest payable $ 18,268 $ 7,857  
Carrying Value 11,292,622 [1] 6,057,853 [1],[2] $ 4,109,329
Servicer Advances [Member]      
Debt Instrument [Line Items]      
Carrying Value [3] 7,047,061 2,885,784 [2] 2,390,778
Residential Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Carrying Value 1,004,980 925,418 [2] $ 22,840
Repurchase Agreements [Member] | Total Repurchase Agreements [Member]      
Debt Instrument [Line Items]      
Accrued interest payable 4,800    
Carrying Value [4] 4,043,054 3,149,090 [1]  
Repurchase Agreements [Member] | Agency RMBS Repurchase Agreements [Member]      
Debt Instrument [Line Items]      
Carrying Value [1],[4],[5] 1,683,305 1,707,602  
Repurchase Agreements [Member] | Agency RMBS Repurchase Agreements [Member] | Trade and Other Receivables [Member]      
Debt Instrument [Line Items]      
Collateral amount 1,500,000    
Repurchase Agreements [Member] | Non-Agency RMBS [Member]      
Debt Instrument [Line Items]      
Carrying Value [1],[4],[6] 1,333,852 539,049  
Repurchase Agreements [Member] | Non-Agency RMBS [Member] | Retained Servicer Advance Bonds [Member]      
Debt Instrument [Line Items]      
Carrying Value 145,800    
Repurchase Agreements [Member] | Consumer Loan Investment [Member]      
Debt Instrument [Line Items]      
Carrying Value [1],[7] $ 40,446 0  
Repurchase Agreements [Member] | Consumer Loan Investment [Member] | London Interbank Offered Rate (LIBOR) [Member]      
Debt Instrument [Line Items]      
Variable interest rate spread 3.50%    
Repurchase Agreements [Member] | Residential Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Carrying Value [1],[4],[8] $ 907,993 867,334  
Notes Payable [Member] | Secured Corporate Note [Member]      
Debt Instrument [Line Items]      
Carrying Value [1],[9] $ 182,978 0  
Notes Payable [Member] | Secured Corporate Note [Member] | London Interbank Offered Rate (LIBOR) [Member]      
Debt Instrument [Line Items]      
Variable interest rate spread 5.25%    
Notes Payable [Member] | Servicer Advances [Member]      
Debt Instrument [Line Items]      
Carrying Value [1],[10] $ 7,047,061 2,885,784  
Face amount of fixed rate debt $ 2,700,000    
Notes Payable [Member] | Servicer Advances [Member] | London Interbank Offered Rate (LIBOR) [Member] | Lower Range [Member]      
Debt Instrument [Line Items]      
Variable interest rate spread 1.70%    
Notes Payable [Member] | Servicer Advances [Member] | London Interbank Offered Rate (LIBOR) [Member] | Upper Range [Member]      
Debt Instrument [Line Items]      
Variable interest rate spread 2.20%    
Notes Payable [Member] | Residential Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Carrying Value [1],[11] $ 19,529 $ 22,194  
Notes Payable [Member] | Residential Mortgage Loans [Member] | London Interbank Offered Rate (LIBOR) [Member]      
Debt Instrument [Line Items]      
Variable interest rate spread 2.875%    
[1] Net of deferred financing costs associated with the adoption of ASU No. 2015-03 (Note 2).
[2] Excludes debt related to linked transactions (Note 10).
[3] New Residential net settles daily borrowings and repayments of the Notes Payable on its Servicer Advances.
[4] These repurchase agreements had approximately $4.8 million of associated accrued interest payable as of December 31, 2015.
[5] All of the Agency RMBS repurchase agreements have a fixed rate. Collateral amounts include approximately $1.5 billion of related trade and other receivables.
[6] All of the Non-Agency RMBS repurchase agreements have LIBOR-based floating interest rates. This includes repurchase agreements of $145.8 million on retained servicer advance bonds.
[7] The repurchase agreement bears interest equal to three-month LIBOR plus 3.50% and is collateralized by New Residential’s interest in consumer loans (Note 9).
[8] All of these repurchase agreements have LIBOR-based floating interest rates.
[9] The loan bears interest equal to the sum of (i) a floating rate index equal to one-month LIBOR and (ii) a margin of 5.25%. The outstanding face amount of the collateral represents the UPB of the residential mortgage loans underlying the Excess MSRs that secure this corporate note.
[10] $2.7 billion face amount of the notes have a fixed rate while the remaining notes bear interest equal to the sum of (i) a floating rate index rate equal to one-month LIBOR or a cost of funds rate, as applicable, and (ii) a margin ranging from 1.7% to 2.2%.
[11] The note is payable to Nationstar and bears interest equal to one-month LIBOR plus 2.875%.