RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME

12 Months Ended

Dec. 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:

Accumulated Other Comprehensive Income Components	Statement of Income Location	Year Ended December 31,
		2018		2017			2016
Reclassification of net realized (gain) loss on securities into earnings	Gain (loss) on settlement of investments, net	$	29,936	$	(20,642	)	$	27,460
Reclassification of net realized (gain) loss on securities into earnings	Other-than-temporary impairment on securities	30,017		10,334			10,264
Total reclassifications		$	59,953	$	(10,308	)	$	37,724

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.