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INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Variable Interest Entities, Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents [1] $ 251,058 $ 295,798
Intangible assets 18,708 0
Prepaid expenses and other assets 688,408 312,181
Total assets 31,691,013 22,213,562
Liabilities    
Accrued expenses and other liabilities [1] 490,510 239,114
Reserve for sales recourse 5,880 0
Total liabilities 25,602,718 $ 17,417,400
Shelter Mortgage Company, LLC | VIE    
Assets    
Cash and cash equivalents 17,346  
Property and equipment, net 137  
Intangible assets 70  
Prepaid expenses and other assets 411  
Total assets 17,964  
Liabilities    
Accrued expenses and other liabilities 1,315  
Reserve for sales recourse 967  
Total liabilities $ 2,282  
[1] New Residential’s Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, Advance Purchaser LLC (the “Buyer”) (Note 6), the RPL Borrowers, Shellpoint Asset Funding Trust 2013-1 (“SAFT 2013-1”) and the Shelter retail mortgage origination joint ventures (“Shelter JVs”) (Note 8) and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advance Investments, residential mortgage loans and consumer loans, respectively, financed with notes and bonds payable. The balance sheets of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are included in Notes 6, 8 and 9, respectively. The creditors of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations. See Note 8 regarding deconsolidation of the RPL Borrowers during 2018.