XML 39 R23.htm IDEA: XBRL DOCUMENT v3.22.4
CASH, CASH EQUIVALENTS AND RESTRICTED CASH
12 Months Ended
Dec. 31, 2022
Cash and Cash Equivalents [Abstract]  
CASH, CASH EQUIVALENTS AND RESTRICTED CASH CASH, CASH EQUIVALENTS AND RESTRICTED CASH
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 securitization facilities (Note 21), 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:
December 31,
20222021
MSRs and servicer advances$69,347 $27,182 
Real estate and other securities4,604 15,342 
Consumer loans15,930 21,961 
SFR properties4,627 2,482 
Origination and servicing161,249 128,588 
Mortgage loans receivable25,369 — 
Other— 312 
Total restricted cash$281,126 $195,867 
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:
Year Ended December 31,
20222021
Cash and cash equivalents
$1,336,508 $1,332,575 
Restricted cash281,126 195,867 
Total cash, cash equivalents and restricted cash
$1,617,634 $1,528,442