Interest income recognized by New Residential related to its Servicer Advance Investments was comprised of the following:



	Year Ended December 31,
	2017			2016			2015
Interest income, gross of amounts attributable to servicer compensation	$	871,506		$	922,006		$	799,126
Amounts attributable to base servicer compensation^(A)	(227,585		)	(127,631		)	(107,929		)
Amounts attributable to incentive servicer compensation^(A)	(115,565		)	(430,025		)	(338,881		)
Interest income from Servicer Advance Investments^(A)	$	528,356		$	364,350		$	352,316


(A)	Total interest income of $528.4 million for the year ended December 31, 2017 includes retrospective adjustments of $204.1 million, mainly due to changes in cash flow assumptions relating to the HLSS portfolio, including a change in the cost of subservicing assumption to 13 bps.

New Residential has determined that the Buyer is a VIE. The following table presents information on the assets and liabilities related to this consolidated VIE.



	As of December 31,
	2017		2016
Assets
Servicer advance investments, at fair value	$	1,002,102	$	1,731,633
Cash and cash equivalents	40,929		37,854
All other assets	13,011		19,799
Total assets^(A)	$	1,056,042	$	1,789,286
Liabilities
Notes and bonds payable	$	789,979	$	1,464,851
All other liabilities	3,308		5,187
Total liabilities^(A)	$	793,287	$	1,470,038


(A)	The creditors of the Buyer do not have recourse to the general credit of New Residential and the assets of the Buyer are not directly available to satisfy New Residential’s obligations.

Others’ interests in the equity of the Buyer is computed as follows:



	December 31,
	2017			2016
Total Advance Purchaser LLC equity	$	262,755		$	319,248
Others’ ownership interest	27.2		%	54.2		%
Others’ interest in equity of consolidated subsidiary	$	71,491		$	173,057

Others’ interests in the Buyer’s net income (loss) is computed as follows:



	Year Ended December 31,
	2017			2016			2015
Net Advance Purchaser LLC income	$	23,604		$	72,159		$	33,180
Others’ ownership interest as a percent of total^(A)	47.6		%	55.6		%	55.5		%
Others’ interest in net income of consolidated subsidiaries	$	11,227		$	40,136		$	18,407


(A)	As a result, New Residential owned 52.4%, 44.4% and 44.5% of the Buyer, on average during the years ended December 31, 2017, 2016 and 2015, respectively.