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CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income
Total New Residential Stockholders’ Equity
Total New Residential Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interests in Equity of Consolidated Subsidiaries
Noncontrolling Interests in Equity of Consolidated Subsidiaries
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Common Stock
Common Stock
Common Stock
Additional Paid-in Capital
Common Stock
Total New Residential Stockholders’ Equity
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Total New Residential Stockholders’ Equity
Balance, beginning (in shares) at Dec. 31, 2018     0 369,104,429                              
Balance, beginning at Dec. 31, 2018 $ 6,088,295   $ 0 $ 3,692 $ 4,746,242 $ 830,713   $ 417,023 $ 5,997,670   $ 90,625                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Dividends declared on common stock           (830,995)             $ (830,995)     $ (830,995)      
Dividends declared on preferred stock (13,281)         (13,281)     (13,281)                    
Capital distributions (54,712)                   (54,712)                
Issuance stock (in shares)                           46,000,000       17,510,000  
Issuance of stock                         751,393 $ 460 $ 750,933 751,393 $ 423,444 $ 423,444 $ 423,444
Option exercise (in shares)       348,613                              
Option exercise       $ 3 (3)                            
Director share grants (in shares)       67,738                              
Director share grants 1,055     $ 1 1,054       1,055                    
Comprehensive income (loss)                                      
Net income (loss) 605,933         563,296     563,296   42,637                
Unrealized gain (loss) on available-for-sale securities, net 445,943             445,943 445,943                    
Reclassification of net realized (gain) loss on available-for-sale securities, net into net income (180,815)             (180,815) (180,815)                    
Comprehensive income (loss) 871,061               828,424   42,637                
Balance, ending (in shares) at Dec. 31, 2019     17,510,000 415,520,780                              
Balance, ending at Dec. 31, 2019 $ 7,236,260 $ 30,453 $ 423,444 $ 4,156 5,498,226 549,733 $ 13,658 682,151 7,157,710 $ 13,658 78,550 $ 16,795              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Accounting Standards Update [Extensible List] Accounting Standards Update 2016-13 [Member]                                    
2020 Warrants $ 53,462       53,462       53,462                    
Dividends declared on common stock           (207,667)             (207,667)     (207,667)      
Dividends declared on preferred stock (54,295)         (54,295)     (54,295)                    
Capital contributions 2,449                   2,449                
Capital distributions $ (41,800)                   (41,800)                
Issuance stock (in shares)                           97,394       16,100,000  
Issuance of stock                         1,663 $ 1 1,662 1,663 389,548 $ 389,548 389,548
Option exercise (in shares) 0                                    
Repurchase of common stock (in shares)                           (1,000,000)          
Repurchase of common stock                         (7,462) $ (10) (7,452) (7,462)      
Director share grants (in shares)       126,344                              
Director share grants $ 1,211     $ 1 1,210       1,211                    
Comprehensive income (loss)                                      
Net income (loss) (1,357,684)         (1,410,358)     (1,410,358)   52,674                
Unrealized gain (loss) on available-for-sale securities, net 123,855             123,855 123,855                    
Reclassification of net realized (gain) loss on available-for-sale securities, net into net income (740,309)             (740,309) (740,309)                    
Comprehensive income (loss) (1,974,138)               (2,026,812)   52,674                
Balance, ending (in shares) at Dec. 31, 2020     33,610,000 414,744,518                              
Balance, ending at Dec. 31, 2020 5,429,684   $ 812,992 $ 4,148 5,547,108 (1,108,929)   65,697 5,321,016   108,668                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Dividends declared on common stock (409,595)         (409,595)     (409,595)                    
Dividends declared on preferred stock (66,744)         (66,744)     (66,744)                    
Capital distributions $ (55,600)                   (55,600)                
Issuance stock (in shares)                           51,903,346       18,600,000  
Issuance of stock                         $ 513,421 $ 519 $ 512,902 $ 513,421 $ 449,489 $ 449,489 $ 449,489
Option exercise (in shares) 0                                    
Purchase of non-controlling interest $ (22,523)       (1,447)       (1,447)   (21,076)                
Director share grants (in shares)       110,402                              
Director share grants 1,110     $ 2 1,108       1,110                    
Comprehensive income (loss)                                      
Net income (loss) 805,582         772,226     772,226   33,356                
Unrealized gain (loss) on available-for-sale securities, net 29,944             29,944 29,944                    
Reclassification of net realized (gain) loss on available-for-sale securities, net into net income (5,388)             (5,388) (5,388)                    
Comprehensive income (loss) 830,138               796,782   33,356                
Balance, ending (in shares) at Dec. 31, 2021     52,210,000 466,758,266                              
Balance, ending at Dec. 31, 2021 $ 6,669,380   $ 1,262,481 $ 4,669 $ 6,059,671 $ (813,042)   $ 90,253 $ 6,604,032   $ 65,348