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FAIR VALUE MEASUREMENTS - Carrying Values and Fair Values of Financial Assets Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Assets:          
MSRs and MSR financing receivables $ 8,405,938 $ 8,889,403   $ 6,858,803  
Real estate and other securities 9,757,664 8,289,277      
Residential mortgage loans, held-for-sale [1] 2,540,742 3,398,298      
Residential mortgage loans, held-for-sale, at fair value 2,461,865 3,297,271      
Residential mortgage loans subject to repurchase 1,782,998 [2] 1,219,890 [2]   1,787,314  
Derivative assets 28,080 52,229      
Note receivable 398,227 0      
Loans receivable 31,323 94,401      
Cash, cash equivalents and restricted cash 1,672,819 1,617,634   1,528,442 $ 1,080,473
Restricted cash 385,620 281,126      
Other assets 1,489,419 921,373      
Liabilities:          
Derivative liabilities 115,531 18,064      
Recurring Basis          
Assets:          
Excess MSRs, principal balance 60,049,904 67,454,370      
MSRs and MSR financing receivables, principal balance 528,434,509 539,897,324      
Servicer advance investments, principal balance 320,630 341,628      
Real estate and other securities, principal balance 27,635,692 25,370,934      
Residential mortgage loans, held-for-sale, principal balance 94,336 117,847      
Residential mortgage loans, held for sale, at fair value, principal balance 2,460,924 3,387,888      
Residential mortgage loans, held-for-investment, at fair value, principal balance 448,060 538,710      
Residential mortgage loans subject to repurchase, principal balance 1,782,998 1,219,890      
Consumer loans, principal balance 1,308,774 330,428      
Derivative assets, principal balance 11,188,206 33,174,574      
Mortgage loans receivable, principal balance 2,232,913 2,064,028      
Notes receivable, principal balance 534,463 63,114      
Loans receivable, principal balance 31,323 94,631      
Cash, cash equivalents and restricted cash 1,672,819        
Consolidated funds, principal balance 323,973        
Cash and cash equivalents   1,336,508      
Restricted cash   281,126      
Liabilities:          
Secured financing agreements, principal balance 12,570,327 11,260,242      
Secured notes and bonds payable, principal balance 10,770,230 10,200,390      
Unsecured senior notes, net of issuance costs, principal balance 814,739 545,056      
Residential mortgage loan repurchase liability, principal balance 1,782,998 1,219,890      
Derivative liabilities, principal balance 7,361,942 1,062,894      
Notes payable of consolidated funds, principal balance 222,250        
Fair value, measurement with unobservable inputs reconciliation, recurring basis, asset value 14,398,561 13,455,778   13,425,847  
Recurring Basis | Mortgage Loans Receivable Securitization          
Liabilities:          
Fair value, measurement with unobservable inputs reconciliation, recurring basis, asset value 46,300 45,800 $ 20,900    
Recurring Basis | Asset-Backed Securities Issued          
Liabilities:          
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value 554,800 632,400      
Recurring Basis | Level 3          
Liabilities:          
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value 453,927 319,486   511,107  
Recurring Basis | Level 3 | Asset-Backed Securities Issued          
Liabilities:          
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value 235,770 319,486   $ 511,107  
Recurring Basis | Carrying Value          
Assets:          
Excess MSRs 271,150 321,803      
MSRs and MSR financing receivables 8,405,938 8,889,403      
Servicer advance investments 376,881 398,820      
Real estate and other securities 9,782,217 8,289,277      
Residential mortgage loans, held-for-sale 78,877 101,027      
Residential mortgage loans, held-for-sale, at fair value 2,461,865 3,297,271      
Residential mortgage loans, held-for-investment, at fair value 379,044 452,519      
Residential mortgage loans subject to repurchase 1,782,998 1,219,890      
Consumer loans 1,274,005 363,756      
Derivative assets 28,080 52,229      
Mortgage loans receivable 2,232,913 2,064,028      
Note receivable 398,227 0      
Loans receivable 31,323 94,401      
Cash, cash equivalents and restricted cash 1,672,819        
Investments of consolidated funds 321,856        
Cash and cash equivalents   1,336,508      
Restricted cash   281,126      
Other assets 61,902 23,370      
Assets, fair value 29,560,095 27,185,428      
Liabilities:          
Secured financing agreements 12,561,283 11,257,737      
Secured notes and bonds payable 10,679,186 10,098,942      
Unsecured senior notes, net of issuance costs 719,004 545,056      
Residential mortgage loan repurchase liability 1,782,998 1,219,890      
Derivative liabilities 115,531 18,064      
Notes payable of consolidated funds 218,157        
Liabilities, fair value 26,076,159 23,139,689      
Recurring Basis | Fair Value          
Assets:          
Excess MSRs 271,150 321,803      
MSRs and MSR financing receivables 8,405,938 8,889,403      
Servicer advance investments 376,881 398,820      
Real estate and other securities 9,782,230 8,289,277      
Residential mortgage loans, held-for-sale 78,877 101,196      
Residential mortgage loans, held-for-sale, at fair value 2,461,865 3,297,271      
Residential mortgage loans, held-for-investment, at fair value 379,044 452,519      
Residential mortgage loans subject to repurchase 1,782,998 1,219,890      
Consumer loans 1,274,005 363,756      
Derivative assets 28,080 52,229      
Mortgage loans receivable 2,232,913 2,064,028      
Note receivable 398,227 0      
Loans receivable 31,323 94,401      
Cash, cash equivalents and restricted cash 1,672,819        
Investments of consolidated funds 321,856        
Cash and cash equivalents   1,336,508      
Restricted cash   281,126      
Other assets 61,902 23,370      
Assets, fair value 29,560,108 27,185,597      
Liabilities:          
Secured financing agreements 12,561,448 11,257,737      
Secured notes and bonds payable 11,004,780 9,911,778      
Unsecured senior notes, net of issuance costs 708,328 493,064      
Residential mortgage loan repurchase liability 1,782,998 1,219,890      
Derivative liabilities 115,531 18,064      
Notes payable of consolidated funds 218,157        
Liabilities, fair value 26,391,242 22,900,533      
Recurring Basis | Fair Value | Level 1          
Assets:          
Excess MSRs 0 0      
MSRs and MSR financing receivables 0 0      
Servicer advance investments 0 0      
Real estate and other securities 24,566 0      
Residential mortgage loans, held-for-sale 0 0      
Residential mortgage loans, held-for-sale, at fair value 0 0      
Residential mortgage loans, held-for-investment, at fair value 0 0      
Residential mortgage loans subject to repurchase 0 0      
Consumer loans 0 0      
Derivative assets 0 0      
Mortgage loans receivable 0 0      
Note receivable 0 0      
Loans receivable 0 0      
Cash, cash equivalents and restricted cash 1,672,819        
Investments of consolidated funds 0        
Cash and cash equivalents   1,336,508      
Restricted cash   281,126      
Other assets 0 0      
Assets, fair value 1,697,385 1,617,634      
Liabilities:          
Secured financing agreements 0 0      
Secured notes and bonds payable 0 0      
Unsecured senior notes, net of issuance costs 0 0      
Residential mortgage loan repurchase liability 0 0      
Derivative liabilities 63,766 0      
Notes payable of consolidated funds 0        
Liabilities, fair value 63,766 0      
Recurring Basis | Fair Value | Level 1 | US Treasury Bill Securities          
Liabilities:          
Amortized cost 24,600        
Recurring Basis | Fair Value | Level 2          
Assets:          
Excess MSRs 0 0      
MSRs and MSR financing receivables 0 0      
Servicer advance investments 0 0      
Real estate and other securities 8,533,130 7,338,417      
Residential mortgage loans, held-for-sale 0 0      
Residential mortgage loans, held-for-sale, at fair value 2,327,528 3,035,894      
Residential mortgage loans, held-for-investment, at fair value 0 0      
Residential mortgage loans subject to repurchase 1,782,998 1,219,890      
Consumer loans 0 0      
Derivative assets 1,598 36,214      
Mortgage loans receivable 353,595 349,975      
Note receivable 0 0      
Loans receivable 0 0      
Cash, cash equivalents and restricted cash 0        
Investments of consolidated funds 0        
Cash and cash equivalents   0      
Restricted cash   0      
Other assets 0 0      
Assets, fair value 12,998,849 11,980,390      
Liabilities:          
Secured financing agreements 12,377,336 11,257,737      
Secured notes and bonds payable 318,998 0      
Unsecured senior notes, net of issuance costs 0 0      
Residential mortgage loan repurchase liability 1,782,998 1,219,890      
Derivative liabilities 49,087 10,835      
Notes payable of consolidated funds 0        
Liabilities, fair value 14,528,419 12,488,462      
Recurring Basis | Fair Value | Level 3          
Assets:          
Excess MSRs 271,150 321,803      
MSRs and MSR financing receivables 8,405,938 8,889,403      
Servicer advance investments 376,881 398,820      
Real estate and other securities 1,224,534 950,860      
Residential mortgage loans, held-for-sale 78,877 101,196      
Residential mortgage loans, held-for-sale, at fair value 134,337 261,377      
Residential mortgage loans, held-for-investment, at fair value 379,044 452,519      
Residential mortgage loans subject to repurchase 0 0      
Consumer loans 1,274,005 363,756      
Derivative assets 26,482 16,015      
Mortgage loans receivable 1,879,318 1,714,053      
Note receivable 398,227 0      
Loans receivable 31,323 94,401      
Cash, cash equivalents and restricted cash 0        
Investments of consolidated funds 0        
Cash and cash equivalents   0      
Restricted cash   0      
Other assets 61,902 23,370      
Assets, fair value 14,542,018 13,587,573      
Liabilities:          
Secured financing agreements 184,112 0      
Secured notes and bonds payable 10,685,782 9,911,778      
Unsecured senior notes, net of issuance costs 708,328 493,064      
Residential mortgage loan repurchase liability 0 0      
Derivative liabilities 2,678 7,229      
Notes payable of consolidated funds 218,157        
Liabilities, fair value 11,799,057 10,412,071      
Recurring Basis | Fair Value | Fair Value Measured at Net Asset Value Per Share          
Assets:          
Investments of consolidated funds 321,856        
Other assets   $ 23,800      
Assets, fair value $ 321,856        
[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 December 31, 2023, and December 31, 2022, total assets of consolidated VIEs were $2.5 billion and $2.3 billion, respectively, and total liabilities of consolidated VIEs were $2.1 billion and $1.8 billion, respectively. See Note 21 for further details.
[2] See Note 6 for details.