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RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME
 12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME
RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME

The following table summarizes the amounts reclassified out of accumulated other comprehensive income into net income:
Accumulated Other Comprehensive Income Components
 
Statement of Income Location
 
Year Ended December 31,
2015
 
2014
 
2013
Reclassification of net realized (gain) loss on securities into earnings
 
Gain on settlement of securities
 
$
(13,096
)
 
$
(65,701
)
 
$
(52,657
)
Reclassification of net realized (gain) loss on securities into earnings
 
Other-than-temporary impairment on securities
 
5,788

 
1,391

 
4,993

Total reclassifications
 
 
 
$
(7,308
)
 
$
(64,310
)
 
$
(47,664
)


New Residential did not allocate any income tax expense or benefit to any component of other comprehensive income for any period presented as no taxable subsidiary generated other comprehensive income.