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VARIABLE INTEREST ENTITIES - Schedule of Carrying Value and Classification of the Assets and Liabilities of Consolidated VIEs (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Servicer advance investments, at fair value $ 374,511 $ 376,881
Residential mortgage loans, HFS, at fair value 3,691,700 2,461,865
Cash and cash equivalents [1] 1,136,437 1,287,199
Total assets 42,120,928 35,311,785
Liabilities    
Secured financing agreements [1] 18,271,046 12,561,283
Accrued expenses and other liabilities [1] 2,102,598 2,332,379
Total liabilities 34,877,556 28,210,747
VIE, consolidated    
Assets    
Servicer advance investments, at fair value 364,843 367,803
Residential mortgage loans, HFS, at fair value 1,177,451 1,112,097
Consumer loans 267,948 285,632
Mortgage loans receivable 341,831 353,594
Cash and cash equivalents 24,588 23,540
Restricted cash 44,905 28,259
Other assets 348,765 350,482
Total assets 2,570,331 2,521,407
Liabilities    
Secured financing agreements 1,052,769 996,845
Secured notes and bonds payable 811,760 829,172
Accrued expenses and other liabilities 236,145 232,027
Total liabilities 2,100,674 2,058,044
VIE, consolidated | Advance Purchaser    
Assets    
Servicer advance investments, at fair value 364,843 367,803
Residential mortgage loans, HFS, at fair value 0 0
Consumer loans 0 0
Mortgage loans receivable 0 0
Cash and cash equivalents 5,532 5,381
Restricted cash 7,885 8,273
Other assets 9 9
Total assets 378,269 381,466
Liabilities    
Secured financing agreements 0 0
Secured notes and bonds payable 265,776 274,404
Accrued expenses and other liabilities 2,505 2,606
Total liabilities 268,281 277,010
VIE, consolidated | Newrez Joint Ventures    
Assets    
Servicer advance investments, at fair value 0 0
Residential mortgage loans, HFS, at fair value 0 0
Consumer loans 0 0
Mortgage loans receivable 0 0
Cash and cash equivalents 18,000 18,159
Restricted cash 0 0
Other assets 631 688
Total assets 18,631 18,847
Liabilities    
Secured financing agreements 0 0
Secured notes and bonds payable 0 0
Accrued expenses and other liabilities 2,366 2,240
Total liabilities 2,366 2,240
VIE, consolidated | Residential Mortgage Loans    
Assets    
Servicer advance investments, at fair value 0 0
Residential mortgage loans, HFS, at fair value 1,177,451 1,112,097
Consumer loans 0 0
Mortgage loans receivable 0 0
Cash and cash equivalents 0 0
Restricted cash 9,381 6,113
Other assets 0 0
Total assets 1,186,832 1,118,210
Liabilities    
Secured financing agreements 1,052,769 996,845
Secured notes and bonds payable 0 0
Accrued expenses and other liabilities 6,128 5,382
Total liabilities 1,058,897 1,002,227
VIE, consolidated | Consumer Loan Companies    
Assets    
Servicer advance investments, at fair value 0 0
Residential mortgage loans, HFS, at fair value 0 0
Consumer loans 267,948 285,632
Mortgage loans receivable 0 0
Cash and cash equivalents 0 0
Restricted cash 6,232 6,301
Other assets 4,051 4,325
Total assets 278,231 296,258
Liabilities    
Secured financing agreements 0 0
Secured notes and bonds payable 221,922 235,770
Accrued expenses and other liabilities 1,587 1,507
Total liabilities 223,509 237,277
VIE, consolidated | Mortgage Loans Receivable    
Assets    
Servicer advance investments, at fair value 0 0
Residential mortgage loans, HFS, at fair value 0 0
Consumer loans 0 0
Mortgage loans receivable 341,831 353,594
Cash and cash equivalents 0 0
Restricted cash 11,607 7,572
Other assets 4,887 4,531
Total assets 358,325 365,697
Liabilities    
Secured financing agreements 0 0
Secured notes and bonds payable 324,062 318,998
Accrued expenses and other liabilities 371 372
Total liabilities 324,433 319,370
VIE, consolidated | Consolidated Funds    
Assets    
Servicer advance investments, at fair value 0 0
Residential mortgage loans, HFS, at fair value 0 0
Consumer loans 0 0
Mortgage loans receivable 0 0
Cash and cash equivalents 1,056 0
Restricted cash 9,800 0
Other assets 339,187 340,929
Total assets 350,043 340,929
Liabilities    
Secured financing agreements 0 0
Secured notes and bonds payable 0 0
Accrued expenses and other liabilities 223,188 219,920
Total liabilities $ 223,188 $ 219,920
[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.