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CASH, CASH EQUIVALENTS AND RESTRICTED CASH - Summary of Cash and Restricted Cash (Details) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2021
Dec. 31, 2020
Cash and Cash Equivalents [Abstract]        
Cash and cash equivalents $ 1,510,848 $ 1,332,575 [1] $ 956,242  
Restricted cash 433,960 [1] 195,867 [1] 238,501  
Total cash, cash equivalents and restricted cash $ 1,944,808 $ 1,528,442 $ 1,194,743 $ 1,080,473
[1] The Company's Consolidated Balance Sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (Rithm Capital). As of June 30, 2022, and December 31, 2021, total assets of consolidated VIEs were $3.6 billion and $2.8 billion, respectively, and total liabilities of consolidated VIEs were $2.9 billion and $2.1 billion, respectively. See Note 20 for further details.