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RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME
 3 Months Ended
Mar. 31, 2018
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:
 
 
 
 
Three Months Ended  
 March 31,
Accumulated Other Comprehensive Income Components
 
Statement of Income Location
 
2018
 
2017
Reclassification of net realized (gain) loss on securities into earnings
 
Gain (loss) on settlement of investments, net
 
$
29,227

 
$
(993
)
Reclassification of net realized (gain) loss on securities into earnings
 
Other-than-temporary impairment on securities
 
6,670

 
2,112

Total reclassifications
 
 
 
$
35,897

 
$
1,119



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.