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SEGMENT REPORTING - Segment Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]                
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables $ 442,644 $ 453,163 $ 1,378,045 $ 1,379,041        
Realization of cash flows     (384,094)          
Change in fair value of MSRs and MSR financing receivables 20,934 (19,174) (99,338) 890,281        
Servicing revenue, net 463,578 433,989 1,278,707 2,269,322        
Interest income 476,607 273,379 1,222,007 710,440        
Gain on originated residential mortgage loans, held-for-sale, net 149,230 203,479 410,320 980,266        
Total revenues 1,089,415 910,847 2,911,034 3,960,028        
Interest expense 382,554 218,089 1,020,780 507,751        
G&A and other 376,624 505,608 1,103,773 2,155,568        
Total operating expenses 759,178 723,697 2,124,553 2,663,319        
Realized and unrealized gains (losses) on investments, net (127,508) (34,118) (113,732) (256,656)        
Other income (loss), net 71,047 23,242 117,385 134,962        
Total other income (loss) (56,461) (10,876) 3,653 (121,694)        
Income (loss) before income taxes 273,776 176,274 790,134 1,175,015        
Income tax expense (benefit) 52,585 22,084 92,309 297,563        
Net income (loss) 221,191 154,190 697,825 877,452        
Noncontrolling interests in income (loss) of consolidated subsidiaries 4,848 7,307 10,437 27,098        
Dividends on preferred stock 22,394 22,427 67,184 67,315        
Net Income (Loss) Attributable to Common Stockholders - basic 193,949 124,456 620,204 783,039        
Investments 26,642,155   26,642,155          
Cash and cash equivalents 1,217,283   1,217,283          
Restricted cash 368,447   368,447          
Other assets 6,432,444   6,432,444          
Goodwill 85,199   85,199     $ 85,199    
Total assets 34,745,528   34,745,528     32,479,336    
Debt 24,116,609   24,116,609          
Other liabilities 3,360,956   3,360,956          
Total liabilities 27,477,565   27,477,565     25,469,268    
Total equity 7,267,963 7,061,626 7,267,963 7,061,626 $ 7,194,684 7,010,068 $ 7,062,998 $ 6,669,380
Noncontrolling interests in equity of consolidated subsidiaries [1] 59,907   59,907     67,067    
Total Rithm Capital stockholders’ equity 7,208,056   7,208,056     6,943,001    
Investments in equity method investees 99,352   99,352          
MSRs                
Segment Reporting Information [Line Items]                
Realization of cash flows (138,993) (141,616) (384,094) (522,206)        
Servicing revenue, net 463,578 433,989 1,278,707 2,269,322        
Origination                
Segment Reporting Information [Line Items]                
Goodwill 11,836   11,836     11,836    
Servicing                
Segment Reporting Information [Line Items]                
Goodwill 12,540   12,540     12,540    
MSR Related Investments                
Segment Reporting Information [Line Items]                
Goodwill 5,092   5,092     $ 5,092    
Operating Segments | Origination                
Segment Reporting Information [Line Items]                
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables 0 0 0 0        
Change in fair value of MSRs and MSR financing receivables 0 0 0 0        
Servicing revenue, net 0 0 0 0        
Interest income 29,140 41,862 81,225 143,449        
Gain on originated residential mortgage loans, held-for-sale, net 126,844 214,703 373,796 924,582        
Total revenues 155,984 256,565 455,021 1,068,031        
Interest expense 30,725 31,345 89,333 88,358        
G&A and other 137,831 283,798 421,407 1,041,988        
Total operating expenses 168,556 315,143 510,740 1,130,346        
Realized and unrealized gains (losses) on investments, net 22 0 78 0        
Other income (loss), net 74 1,368 (261) 5,295        
Total other income (loss) 96 1,368 (183) 5,295        
Income (loss) before income taxes (12,476) (57,210) (55,902) (57,020)        
Income tax expense (benefit) (3,125) (14,243) (14,003) (14,086)        
Net income (loss) (9,351) (42,967) (41,899) (42,934)        
Noncontrolling interests in income (loss) of consolidated subsidiaries 269 471 613 2,165        
Dividends on preferred stock 0 0 0 0        
Net Income (Loss) Attributable to Common Stockholders - basic (9,620) (43,438) (42,512) (45,099)        
Investments 1,545,881   1,545,881          
Cash and cash equivalents 211,544   211,544          
Restricted cash 25,967   25,967          
Other assets 135,339   135,339          
Goodwill 11,836   11,836          
Total assets 1,930,567   1,930,567          
Debt 1,467,620   1,467,620          
Other liabilities 171,398   171,398          
Total liabilities 1,639,018   1,639,018          
Total equity 291,549   291,549          
Noncontrolling interests in equity of consolidated subsidiaries 9,073   9,073          
Total Rithm Capital stockholders’ equity 282,476   282,476          
Investments in equity method investees 0   0          
Operating Segments | Servicing                
Segment Reporting Information [Line Items]                
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables 372,979 338,742 1,082,257 1,010,252        
Realization of cash flows (115,941) (90,750) (290,990) (341,706)        
Change in fair value of MSRs and MSR financing receivables 95,507 39,853 103,748 881,183        
Servicing revenue, net 468,486 378,595 1,186,005 1,891,435        
Interest income 127,467 55,844 314,387 83,954        
Gain on originated residential mortgage loans, held-for-sale, net 17,295 5,980 22,882 83,481        
Total revenues 613,248 440,419 1,523,274 2,058,870        
Interest expense 83,845 56,650 246,525 131,452        
G&A and other 103,728 112,731 298,636 321,360        
Total operating expenses 187,573 169,381 545,161 452,812        
Realized and unrealized gains (losses) on investments, net 0 (1) 195 (1,812)        
Other income (loss), net (700) (4,074) (18,971) 2,061        
Total other income (loss) (700) (4,075) (18,776) 249        
Income (loss) before income taxes 424,975 266,963 959,337 1,606,307        
Income tax expense (benefit) 59,474 51,032 115,887 363,187        
Net income (loss) 365,501 215,931 843,450 1,243,120        
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0 0 0        
Dividends on preferred stock 0 0 0 0        
Net Income (Loss) Attributable to Common Stockholders - basic 365,501 215,931 843,450 1,243,120        
Investments 7,823,376   7,823,376          
Cash and cash equivalents 417,092   417,092          
Restricted cash 139,829   139,829          
Other assets 2,714,592   2,714,592          
Goodwill 12,540   12,540          
Total assets 11,107,429   11,107,429          
Debt 4,498,335   4,498,335          
Other liabilities 2,374,139   2,374,139          
Total liabilities 6,872,474   6,872,474          
Total equity 4,234,955   4,234,955          
Noncontrolling interests in equity of consolidated subsidiaries 0   0          
Total Rithm Capital stockholders’ equity 4,234,955   4,234,955          
Investments in equity method investees 0   0          
Operating Segments | MSR Related Investments                
Segment Reporting Information [Line Items]                
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables 69,665 114,421 295,788 368,789        
Change in fair value of MSRs and MSR financing receivables (74,573) (59,027) (203,086) 9,098        
Servicing revenue, net (4,908) 55,394 92,702 377,887        
Interest income 35,339 15,401 95,520 42,443        
Gain on originated residential mortgage loans, held-for-sale, net 0 0 0 0        
Total revenues 30,431 70,795 188,222 420,330        
Interest expense 33,907 26,033 95,977 78,186        
G&A and other 66,275 62,817 210,811 210,774        
Total operating expenses 100,182 88,850 306,788 288,960        
Realized and unrealized gains (losses) on investments, net 10,453 (8,717) 8,366 (12,062)        
Other income (loss), net 37,412 4,923 107,761 45,099        
Total other income (loss) 47,865 (3,794) 116,127 33,037        
Income (loss) before income taxes (21,886) (21,849) (2,439) 164,407        
Income tax expense (benefit) 1,946 (7,197) (2,117) 33,766        
Net income (loss) (23,832) (14,652) (322) 130,641        
Noncontrolling interests in income (loss) of consolidated subsidiaries 1,414 (139) 2,113 130        
Dividends on preferred stock 0 0 0 0        
Net Income (Loss) Attributable to Common Stockholders - basic (25,246) (14,513) (2,435) 130,511        
Investments 1,114,249   1,114,249          
Cash and cash equivalents 233,556   233,556          
Restricted cash 119,150   119,150          
Other assets 2,323,689   2,323,689          
Goodwill 5,092   5,092          
Total assets 3,795,736   3,795,736          
Debt 2,443,876   2,443,876          
Other liabilities 33,624   33,624          
Total liabilities 2,477,500   2,477,500          
Total equity 1,318,236   1,318,236          
Noncontrolling interests in equity of consolidated subsidiaries 12,600   12,600          
Total Rithm Capital stockholders’ equity 1,305,636   1,305,636          
Investments in equity method investees 65,212   65,212          
Operating Segments | Origination and Servicing                
Segment Reporting Information [Line Items]                
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables 442,644 453,163 1,378,045 1,379,041        
Change in fair value of MSRs and MSR financing receivables 20,934 (19,174) (99,338) 890,281        
Servicing revenue, net 463,578 433,989 1,278,707 2,269,322        
Interest income 191,946 113,107 491,132 269,846        
Gain on originated residential mortgage loans, held-for-sale, net 144,139 220,683 396,678 1,010,568        
Total revenues 799,663 767,779 2,166,517 3,549,736        
Interest expense 148,477 114,028 431,835 297,996        
G&A and other 307,834 459,346 930,854 1,574,122        
Total operating expenses 456,311 573,374 1,362,689 1,872,118        
Realized and unrealized gains (losses) on investments, net 10,475 (8,718) 8,639 (13,874)        
Other income (loss), net 36,786 2,217 88,529 52,455        
Total other income (loss) 47,261 (6,501) 97,168 38,581        
Income (loss) before income taxes 390,613 187,904 900,996 1,716,199        
Income tax expense (benefit) 58,295 29,592 99,767 382,867        
Net income (loss) 332,318 158,312 801,229 1,333,332        
Noncontrolling interests in income (loss) of consolidated subsidiaries 1,683 332 2,726 2,295        
Dividends on preferred stock 0 0 0 0        
Net Income (Loss) Attributable to Common Stockholders - basic 330,635 157,980 798,503 1,331,037        
Investments 10,483,506   10,483,506          
Cash and cash equivalents 862,192   862,192          
Restricted cash 284,946   284,946          
Other assets 5,173,620   5,173,620          
Goodwill 29,468   29,468          
Total assets 16,833,732   16,833,732          
Debt 8,409,831   8,409,831          
Other liabilities 2,579,161   2,579,161          
Total liabilities 10,988,992   10,988,992          
Total equity 5,844,740   5,844,740          
Noncontrolling interests in equity of consolidated subsidiaries 21,673   21,673          
Total Rithm Capital stockholders’ equity 5,823,067   5,823,067          
Investments in equity method investees 65,212   65,212          
Operating Segments | Residential Securities, Properties and Loans | Real Estate Securities                
Segment Reporting Information [Line Items]                
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables 0 0 0 0        
Change in fair value of MSRs and MSR financing receivables 0 0 0 0        
Servicing revenue, net 0 0 0 0        
Interest income 140,119 76,908 376,842 187,841        
Gain on originated residential mortgage loans, held-for-sale, net 0 0 1,247 0        
Total revenues 140,119 76,908 378,089 187,841        
Interest expense 136,180 51,822 350,044 81,067        
G&A and other 1,009 921 3,199 2,403        
Total operating expenses 137,189 52,743 353,243 83,470        
Realized and unrealized gains (losses) on investments, net (127,458) (130,456) (96,015) (331,019)        
Other income (loss), net (2,644) (2,799) (4,514) (7,526)        
Total other income (loss) (130,102) (133,255) (100,529) (338,545)        
Income (loss) before income taxes (127,172) (109,090) (75,683) (234,174)        
Income tax expense (benefit) 0 0 0 0        
Net income (loss) (127,172) (109,090) (75,683) (234,174)        
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0 0 0        
Dividends on preferred stock 0 0 0 0        
Net Income (Loss) Attributable to Common Stockholders - basic (127,172) (109,090) (75,683) (234,174)        
Investments 10,193,596   10,193,596          
Cash and cash equivalents 328,794   328,794          
Restricted cash 3,543   3,543          
Other assets 830,971   830,971          
Goodwill 0   0          
Total assets 11,356,904   11,356,904          
Debt 10,227,701   10,227,701          
Other liabilities 148,823   148,823          
Total liabilities 10,376,524   10,376,524          
Total equity 980,380   980,380          
Noncontrolling interests in equity of consolidated subsidiaries 0   0          
Total Rithm Capital stockholders’ equity 980,380   980,380          
Investments in equity method investees 0   0          
Operating Segments | Residential Securities, Properties and Loans | Properties and Residential Mortgage Loans                
Segment Reporting Information [Line Items]                
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables 0 0 0 0        
Change in fair value of MSRs and MSR financing receivables 0 0 0 0        
Servicing revenue, net 0 0 0 0        
Interest income 23,993 19,186 73,050 68,815        
Gain on originated residential mortgage loans, held-for-sale, net 5,091 (17,204) 12,395 (30,302)        
Total revenues 29,084 1,982 85,445 38,513        
Interest expense 30,753 21,242 87,775 53,442        
G&A and other 13,531 12,220 36,303 47,545        
Total operating expenses 44,284 33,462 124,078 100,987        
Realized and unrealized gains (losses) on investments, net (7,865) 81,829 (22,228) 100,594        
Other income (loss), net 40,330 11,448 82,509 55,235        
Total other income (loss) 32,465 93,277 60,281 155,829        
Income (loss) before income taxes 17,265 61,797 21,648 93,355        
Income tax expense (benefit) (4,656) (5,564) (3,436) (4,387)        
Net income (loss) 21,921 67,361 25,084 97,742        
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0 0 0        
Dividends on preferred stock 0 0 0 0        
Net Income (Loss) Attributable to Common Stockholders - basic 21,921 67,361 25,084 97,742        
Investments 2,393,549   2,393,549          
Cash and cash equivalents 2,315   2,315          
Restricted cash 14,501   14,501          
Other assets 115,413   115,413          
Goodwill 0   0          
Total assets 2,525,778   2,525,778          
Debt 1,943,551   1,943,551          
Other liabilities 403,021   403,021          
Total liabilities 2,346,572   2,346,572          
Total equity 179,206   179,206          
Noncontrolling interests in equity of consolidated subsidiaries 0   0          
Total Rithm Capital stockholders’ equity 179,206   179,206          
Investments in equity method investees 0   0          
Operating Segments | Consumer Loans                
Segment Reporting Information [Line Items]                
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables 0 0 0 0        
Change in fair value of MSRs and MSR financing receivables 0 0 0 0        
Servicing revenue, net 0 0 0 0        
Interest income 58,946 16,456 97,634 53,498        
Gain on originated residential mortgage loans, held-for-sale, net 0 0 0 0        
Total revenues 58,946 16,456 97,634 53,498        
Interest expense 26,285 1,925 32,280 6,275        
G&A and other 4,542 1,991 9,042 6,405        
Total operating expenses 30,827 3,916 41,322 12,680        
Realized and unrealized gains (losses) on investments, net (4,111) (5,845) (14,095) (26,774)        
Other income (loss), net (2,410) 8,701 (5,736) 33,198        
Total other income (loss) (6,521) 2,856 (19,831) 6,424        
Income (loss) before income taxes 21,598 15,396 36,481 47,242        
Income tax expense (benefit) 62 (4) 169 34        
Net income (loss) 21,536 15,400 36,312 47,208        
Noncontrolling interests in income (loss) of consolidated subsidiaries 3,165 6,975 7,711 24,803        
Dividends on preferred stock 0 0 0 0        
Net Income (Loss) Attributable to Common Stockholders - basic 18,371 8,425 28,601 22,405        
Investments 1,436,080   1,436,080          
Cash and cash equivalents 533   533          
Restricted cash 19,703   19,703          
Other assets 94,540   94,540          
Goodwill 0   0          
Total assets 1,550,856   1,550,856          
Debt 1,269,768   1,269,768          
Other liabilities 9,092   9,092          
Total liabilities 1,278,860   1,278,860          
Total equity 271,996   271,996          
Noncontrolling interests in equity of consolidated subsidiaries 38,234   38,234          
Total Rithm Capital stockholders’ equity 233,762   233,762          
Investments in equity method investees 0   0          
Operating Segments | Mortgage Loans Receivable                
Segment Reporting Information [Line Items]                
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables 0 0 0 0        
Change in fair value of MSRs and MSR financing receivables 0 0 0 0        
Servicing revenue, net 0 0 0 0        
Interest income 59,461 42,335 176,607 113,360        
Gain on originated residential mortgage loans, held-for-sale, net 0 0 0 0        
Total revenues 59,461 42,335 176,607 113,360        
Interest expense 31,751 18,888 91,725 38,537        
G&A and other 15,524 15,241 46,550 46,249        
Total operating expenses 47,275 34,129 138,275 84,786        
Realized and unrealized gains (losses) on investments, net 1,451 29,072 9,967 14,417        
Other income (loss), net 5,369 5,710 6,260 13,140        
Total other income (loss) 6,820 34,782 16,227 27,557        
Income (loss) before income taxes 19,006 42,988 54,559 56,131        
Income tax expense (benefit) (1,116) (1,940) (4,191) (5,563)        
Net income (loss) 20,122 44,928 58,750 61,694        
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0 0 0        
Dividends on preferred stock 0 0 0 0        
Net Income (Loss) Attributable to Common Stockholders - basic 20,122 44,928 58,750 61,694        
Investments 2,135,424   2,135,424          
Cash and cash equivalents 19,411   19,411          
Restricted cash 45,754   45,754          
Other assets 99,095   99,095          
Goodwill 55,731   55,731          
Total assets 2,355,415   2,355,415          
Debt 1,719,384   1,719,384          
Other liabilities 25,532   25,532          
Total liabilities 1,744,916   1,744,916          
Total equity 610,499   610,499          
Noncontrolling interests in equity of consolidated subsidiaries 0   0          
Total Rithm Capital stockholders’ equity 610,499   610,499          
Investments in equity method investees 0   0          
Operating Segments | Corporate                
Segment Reporting Information [Line Items]                
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables 0 0 0 0        
Change in fair value of MSRs and MSR financing receivables 0 0 0 0        
Servicing revenue, net 0 0 0 0        
Interest income 2,142 5,387 6,742 17,080        
Gain on originated residential mortgage loans, held-for-sale, net 0 0 0 0        
Total revenues 2,142 5,387 6,742 17,080        
Interest expense 9,108 10,184 27,121 30,434        
G&A and other 34,184 15,889 77,825 478,844        
Total operating expenses 43,292 26,073 104,946 509,278        
Realized and unrealized gains (losses) on investments, net 0 0 0 0        
Other income (loss), net (6,384) (2,035) (49,663) (11,540)        
Total other income (loss) (6,384) (2,035) (49,663) (11,540)        
Income (loss) before income taxes (47,534) (22,721) (147,867) (503,738)        
Income tax expense (benefit) 0 0 0 (75,388)        
Net income (loss) (47,534) (22,721) (147,867) (428,350)        
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0 0 0        
Dividends on preferred stock 22,394 22,427 67,184 67,315        
Net Income (Loss) Attributable to Common Stockholders - basic (69,928) $ (45,148) (215,051) (495,665)        
Investments 0   0          
Cash and cash equivalents 4,038   4,038          
Restricted cash 0   0          
Other assets 118,805   118,805          
Goodwill 0   0          
Total assets 122,843   122,843          
Debt 546,374   546,374          
Other liabilities 195,327   195,327          
Total liabilities 741,701   741,701          
Total equity (618,858)   (618,858)          
Noncontrolling interests in equity of consolidated subsidiaries 0   0          
Total Rithm Capital stockholders’ equity (618,858)   (618,858)          
Investments in equity method investees $ 34,140   $ 34,140          
Eliminations | Origination and Servicing                
Segment Reporting Information [Line Items]                
Gain on originated residential mortgage loans, held-for-sale, net       $ (2,500)        
[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.