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CASH, CASH EQUIVALENTS AND RESTRICTED CASH
6 Months Ended
Jun. 30, 2022
Cash and Cash Equivalents [Abstract]  
CASH, CASH EQUIVALENTS AND RESTRICTED CASH CASH, CASH EQUIVALENTS AND RESTRICTED CASH
Rithm Capital considers all highly liquid short-term investments with maturities of 90 days or less when purchased to be cash equivalents. Substantially all amounts on deposit with major financial institutions exceed insured limits.

Restricted cash primarily relates to the financing of servicer advances that has been pledged to the note holders for interest and fees payable, cash related to Ginnie Mae Excess MSRs, and financing of consumer loans as well as real estate securities. Restricted cash also consists of cash the Company has pledged to cover variation margin with its financing and certain derivative counterparties.

The following table summarizes restricted cash balances:
June 30, 2022December 31, 2021
MSRs and servicer advances$55,989 $27,182 
Real estate and other securities10,610 15,342 
Consumer loans19,748 21,961 
SFR properties3,672 2,482 
Origination and servicing328,609 128,588 
Mortgage loans receivable(A)
15,332 — 
Other— 312 
Total restricted cash$433,960 $195,867 
(A)Primarily relates to cash deposited into the 2022-RTL1 securitization facility, to be used to purchase additional mortgage loans and to fund unfunded commitments.
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on Rithm Capital’s Consolidated Balance Sheets to the total of the same such amounts shown in the Consolidated Statements of Cash Flows:
Six Months Ended
June 30,
20222021
Cash and cash equivalents
$1,510,848 $956,242 
Restricted cash433,960 238,501 
Total cash, cash equivalents and restricted cash
$1,944,808 $1,194,743