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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Mortgage servicing rights and mortgage servicing rights financing receivables, at fair value $ 8,694,868 $ 8,889,403
Real estate and other securities ($9,201,474 and $8,289,277 at fair value, respectively) 10,193,596 8,289,277
Residential loans held-for-investment, at fair value 370,957 452,519
Residential mortgage loans, held-for-sale ($2,740,599 and $3,297,271 at fair value, respectively) 2,819,282 3,398,298
Consumer loans held-for-investment, at fair value [1] 1,436,080 363,756
Single-family rental properties 991,948 971,313
Mortgage loans receivable, at fair value [1] 2,135,424 2,064,028
Residential mortgage loans subject to repurchase [2] 1,443,546 1,219,890
Cash and cash equivalents [1] 1,217,283 1,336,508
Restricted cash [1] 368,447 281,126
Servicer advances receivable 2,434,266 2,825,485
Receivable for investments sold 219,963 473,126
Other assets [1] 2,419,868 1,914,607
Total assets 34,745,528 32,479,336
Liabilities    
Secured financing agreements [1] 13,605,380 11,257,736
Secured notes and bonds payable ($552,920 and $632,404 at fair value, respectively) [1] 9,964,855 10,098,943
Residential mortgage loan repurchase liability [2] 1,443,546 1,219,890
Unsecured senior notes, net of issuance costs 546,374 545,056
Payable for investments purchased 0 731,216
Dividends payable 135,095 129,760
Accrued expenses and other liabilities [1] 1,782,315 1,486,667
Total liabilities 27,477,565 25,469,268
Commitments and Contingencies
Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized, 51,964,122 and 51,964,122 issued and outstanding, $1,299,104 and $1,299,104 aggregate liquidation preference, respectively 1,257,254 1,257,254
Common stock, $0.01 par value, 2,000,000,000 shares authorized, 483,214,061 and 473,715,100 issued and outstanding, respectively 4,833 4,739
Additional paid-in capital 6,070,970 6,062,019
Retained earnings (accumulated deficit) (164,010) (418,662)
Accumulated other comprehensive income 39,009 37,651
Total Rithm Capital stockholders’ equity 7,208,056 6,943,001
Noncontrolling interests in equity of consolidated subsidiaries [1] 59,907 67,067
Total equity 7,267,963 7,010,068
Liabilities and Equity $ 34,745,528 $ 32,479,336
[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 September 30, 2023 and December 31, 2022, total assets of consolidated VIEs were $2.2 billion and $2.3 billion, respectively, and total liabilities of consolidated VIEs were $1.8 billion and $1.8 billion, respectively. See Note 20 for further details.
[2] See Note 5 for details.