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CASH, CASH EQUIVALENTS AND RESTRICTED CASH
 3 Months Ended
Mar. 31, 2023
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 securitization facilities (Note 20) and financing of consumer loans as well as real estate securities.

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:
March 31, 2023December 31, 2022
Cash and cash equivalents
$1,434,697 $1,336,508 
Restricted cash365,649 281,126 
Total cash, cash equivalents and restricted cash
$1,800,346 $1,617,634 
The following table summarizes restricted cash balances:
March 31, 2023December 31, 2022
MSRs and servicer advances$72,192 $69,347 
Real estate and other securities4,427 4,604 
Consumer loans16,759 15,930 
SFR properties6,923 4,627 
Origination and servicing242,091 161,249 
Mortgage loans receivable23,257 25,369 
Total restricted cash$365,649 $281,126