OTHER INCOME, ASSETS AND LIABILITIES

3 Months Ended

Mar. 31, 2017

Other Income Assets And Liabilities

OTHER INCOME, ASSETS AND LIABILITIES

OTHER INCOME, ASSETS AND LIABILITIES

Other income (loss), net, is comprised of the following:

	Three Months Ended    March 31,
	2017			2016
Unrealized gain (loss) on derivative instruments	$	4,326		$	(24,557	)
Unrealized gain (loss) on other ABS	758			268
Gain (loss) on transfer of loans to REO	6,634			2,483
Gain (loss) on transfer of loans to other assets	212			517
Gain on Excess MSR recapture agreements	627			732
Other income (loss)	(5,713		)	3,808
	$	6,844		$	(16,749	)

Gain (loss) on settlement of investments, net is comprised of the following:

	Three Months Ended    March 31,
	2017			2016
Gain (loss) on sale of real estate securities, net	$	993		$	16,133
Gain (loss) on sale of residential mortgage loans, net	2,565			2,277
Gain (loss) on settlement of derivatives	(11,836		)	(30,379		)
Gain (loss) on liquidated residential mortgage loans	(2,216		)	(275		)
Gain (loss) on sale of REO	(2,610		)	151
Other gains (losses)	(570		)	(153		)
	$	(13,674	)	$	(12,246	)

Other assets and liabilities are comprised of the following:

	Other Assets					Accrued Expenses and Other Liabilities
	March 31, 2017		December 31, 2016			March 31, 2017		December 31, 2016
Margin receivable, net	$	64,557	$	55,481	Interest payable	$	22,821	$	23,108
Other receivables	9,986		16,350		Accounts payable	40,651		31,299
Principal and interest receivable	54,776		52,738		Derivative liabilities (Note 10)	16,685		3,021
Receivable from government agency	48,356		54,706		Current taxes payable	4,517		2,314
Call rights	337		337		Due to servicers	63,977		77,148
Derivative assets (Note 10)	4,159		6,762		MSR purchase price holdback	120,437		60,436
Servicing fee receivables	21,621		7,405		Other liabilities	7,010		8,118
Ginnie Mae EBO servicer advance receivable, net	13,184		14,829			$	276,098	$	205,444
Due from servicers	23,064		22,134
Servicer advances receivable, net(A)	104,764		81,582
Investment in consumer loans, equity method investees	41,314		—
Prepaid expenses	9,257		9,487
Other assets	8,089		4,269
	$	403,464	$	326,080

(A) Represents Servicer Advances due to New Residential’s licensed servicer subsidiary, New Residential Mortgage LLC (Note 5).

As reflected on the Condensed Consolidated Statements of Cash Flows, accretion and other amortization is comprised of the following:

	Three Months Ended    March 31,
	2017			2016
Accretion of servicer advance interest income	$	76,043		$	78,637
Accretion of excess mortgage servicing rights income	31,418			42,968
Accretion of net discount on securities and loans(A)	88,984			37,128
Amortization of deferred financing costs	(3,574		)	(4,785		)
Amortization of discount on notes and bonds payable	(447		)	(278		)
	$	192,424		$	153,670

(A) Includes accretion of the accretable yield on PCD loans.