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FAIR VALUE MEASUREMENTS - Schedule of Carrying Values and Fair Values of Financial Assets and Liabilities Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Assets          
MSRs and MSR financing receivables $ 8,706,723 $ 8,405,938      
Real estate and other securities 15,289,314 9,757,664      
Residential mortgage loans, HFS [1] 3,766,115 2,540,742      
Residential mortgage loans, HFS, at fair value 3,691,700 2,461,865      
Residential mortgage loans subject to repurchase 1,845,889 [2] 1,782,998 [2] $ 1,189,907    
Derivative and hedging assets 102,227 28,080      
Notes receivable 364,977        
Loans receivable 27,997        
Cash, cash equivalents and restricted cash 1,530,983 1,672,819 $ 1,800,346 $ 1,617,634  
Other assets 1,525,970 1,489,419      
Liabilities          
Residential mortgage loan repurchase liability 1,800,000        
Derivative and hedging liabilities 33,586 115,531      
Notes payable of consolidated funds 218,100        
US Treasury Bill Securities          
Liabilities          
Amortized cost 24,900        
Recurring Basis          
Assets          
Excess MSRs, principal balance 58,577,476        
MSRs and MSR financing receivables, principal balance 526,673,826        
Servicer advance investments, principal balance 313,271        
Real estate and other securities, principal balance 33,738,576        
Residential mortgage loans, held-for-sale, principal balance 89,460        
Residential mortgage loans, HFS, at fair value, principal balance 3,701,355        
Residential mortgage loans, HFI, at fair value, principal balance 434,474        
Residential mortgage loans subject to repurchase, principal balance 1,845,889        
Consumer loans, principal balance 1,154,642        
Derivative assets, principal balance 7,493,928        
Mortgage loans receivable, principal balance 2,384,744        
Note receivable, principal balance 503,397        
Loans receivable, principal balance 27,997        
Cash, cash equivalents and restricted cash 1,530,983        
Investments in funds, principal balance 324,631        
Liabilities          
Secured financing agreements, principal balance 18,278,569        
Secured notes and bonds payable, principal balance 10,126,223        
Unsecured notes, net of issuance costs, principal balance 1,298,492        
Residential mortgage loan repurchase liability, principal balance 1,845,889        
Payable for investments purchased 1,271,542        
Derivative liabilities, principal balance 7,867,926        
Notes payable of consolidated funds, principal balance 222,250        
Fair value, measurement with unobservable inputs reconciliation, recurring basis, asset value 14,844,160 14,398,561      
Recurring Basis | Mortgage Loans Receivable Securitization          
Liabilities          
Fair value, measurement with unobservable inputs reconciliation, recurring basis, asset value 33,900       $ 20,900
Recurring Basis | Asset-Backed Securities Issued          
Liabilities          
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value 546,000        
Recurring Basis | Level 3          
Liabilities          
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value 440,045 453,927      
Recurring Basis | Level 3 | Asset-Backed Securities Issued          
Liabilities          
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value 221,922 $ 235,770      
Recurring Basis | Carrying Value          
Assets          
Excess MSRs 255,111        
MSRs and MSR financing receivables 8,706,723        
Servicer advance investments 374,511        
Real estate and other securities 15,314,199        
Residential mortgage loans, HFS 74,415        
Residential mortgage loans, HFS, at fair value 3,691,700        
Residential mortgage loans, HFI, at fair value 365,398        
Residential mortgage loans subject to repurchase 1,845,889        
Consumer loans 1,103,799        
Derivative and hedging assets 102,227        
Mortgage loans receivable 2,384,744        
Notes receivable 364,977        
Loans receivable 27,997        
Cash, cash equivalents and restricted cash 1,530,983        
Investments in funds 338,337        
Other assets 62,810        
Assets, fair value 36,543,820        
Liabilities          
Secured financing agreements 18,271,046        
Secured notes and bonds payable 10,045,375        
Unsecured notes, net of issuance costs 1,205,411        
Residential mortgage loan repurchase liability 1,845,889        
Payable for investments purchased, principal balance 1,271,542        
Derivative and hedging liabilities 33,586        
Notes payable of consolidated funds 218,123        
Liabilities, fair value 32,890,972        
Recurring Basis | Fair Value          
Assets          
Excess MSRs 255,111        
MSRs and MSR financing receivables 8,706,723        
Servicer advance investments 374,511        
Real estate and other securities 15,314,200        
Residential mortgage loans, HFS 74,415        
Residential mortgage loans, HFS, at fair value 3,691,700        
Residential mortgage loans, HFI, at fair value 365,398        
Residential mortgage loans subject to repurchase 1,845,889        
Consumer loans 1,103,799        
Derivative and hedging assets 102,227        
Mortgage loans receivable 2,384,744        
Notes receivable 364,977        
Loans receivable 27,997        
Cash, cash equivalents and restricted cash 1,530,983        
Investments in funds 338,337        
Other assets 62,810        
Assets, fair value 36,543,821        
Liabilities          
Secured financing agreements 18,271,046        
Secured notes and bonds payable 10,376,895        
Unsecured notes, net of issuance costs 1,202,005        
Residential mortgage loan repurchase liability 1,845,889        
Payable for investments purchased, principal balance 1,271,542        
Derivative and hedging liabilities 33,586        
Notes payable of consolidated funds 218,123        
Liabilities, fair value 33,219,086        
Recurring Basis | Fair Value | Level 1          
Assets          
Excess MSRs 0        
MSRs and MSR financing receivables 0        
Servicer advance investments 0        
Real estate and other securities 4,497,542        
Residential mortgage loans, HFS 0        
Residential mortgage loans, HFS, at fair value 0        
Residential mortgage loans, HFI, at fair value 0        
Residential mortgage loans subject to repurchase 0        
Consumer loans 0        
Derivative and hedging assets 62,672        
Mortgage loans receivable 0        
Notes receivable 0        
Loans receivable 0        
Cash, cash equivalents and restricted cash 1,530,983        
Investments in funds 0        
Other assets 0        
Assets, fair value 6,091,197        
Liabilities          
Secured financing agreements 0        
Secured notes and bonds payable 0        
Unsecured notes, net of issuance costs 0        
Residential mortgage loan repurchase liability 0        
Payable for investments purchased, principal balance 1,271,542        
Derivative and hedging liabilities 0        
Notes payable of consolidated funds 0        
Liabilities, fair value 1,271,542        
Recurring Basis | Fair Value | Level 2          
Assets          
Excess MSRs 0        
MSRs and MSR financing receivables 0        
Servicer advance investments 0        
Real estate and other securities 9,566,210        
Residential mortgage loans, HFS 0        
Residential mortgage loans, HFS, at fair value 3,353,549        
Residential mortgage loans, HFI, at fair value 0        
Residential mortgage loans subject to repurchase 1,845,889        
Consumer loans 0        
Derivative and hedging assets 7,492        
Mortgage loans receivable 341,830        
Notes receivable 0        
Loans receivable 0        
Cash, cash equivalents and restricted cash 0        
Investments in funds 0        
Other assets 0        
Assets, fair value 15,114,970        
Liabilities          
Secured financing agreements 18,090,307        
Secured notes and bonds payable 324,062        
Unsecured notes, net of issuance costs 0        
Residential mortgage loan repurchase liability 1,845,889        
Payable for investments purchased, principal balance 0        
Derivative and hedging liabilities 15,654        
Notes payable of consolidated funds 0        
Liabilities, fair value 20,275,912        
Recurring Basis | Fair Value | Level 3          
Assets          
Excess MSRs 255,111        
MSRs and MSR financing receivables 8,706,723        
Servicer advance investments 374,511        
Real estate and other securities 1,250,448        
Residential mortgage loans, HFS 74,415        
Residential mortgage loans, HFS, at fair value 338,151        
Residential mortgage loans, HFI, at fair value 365,398        
Residential mortgage loans subject to repurchase 0        
Consumer loans 1,103,799        
Derivative and hedging assets 32,063        
Mortgage loans receivable 2,042,914        
Notes receivable 364,977        
Loans receivable 27,997        
Cash, cash equivalents and restricted cash 0        
Investments in funds 0        
Other assets 62,810        
Assets, fair value 14,999,317        
Liabilities          
Secured financing agreements 180,739        
Secured notes and bonds payable 10,052,833        
Unsecured notes, net of issuance costs 1,202,005        
Residential mortgage loan repurchase liability 0        
Payable for investments purchased, principal balance 0        
Derivative and hedging liabilities 17,932        
Notes payable of consolidated funds 218,123        
Liabilities, fair value 11,671,632        
Recurring Basis | Fair Value | Net Asset Value (“NAV”)          
Assets          
Investments in funds 338,337        
Assets, fair value 338,337        
Liabilities          
Liabilities, fair value $ 0        
[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 Corp.). As of March 31, 2024 and December 31, 2023, total assets of consolidated VIEs were $2.6 billion and $2.5 billion, respectively, and total liabilities of consolidated VIEs were $2.1 billion and $2.1 billion, respectively. See Note 20 for further details.
[2] See Note 5 for details.