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SEGMENT REPORTING (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]        
Revenue $ 1,210,450 $ 841,561    
Total revenues 1,286,310 841,561    
Interest expense 414,365 309,068    
General and administrative 195,118 167,155    
Compensation and benefits 235,778 188,880    
Total operating expenses 845,261 665,103    
Realized and unrealized gains (losses), net (68,134) (78,149)    
Other income (loss), net 7,984 (25,166)    
Total other income (loss) (60,150) (103,315)    
Income (loss) before income taxes 380,899 73,143    
Income tax expense (benefit) 93,412 (16,806)    
Net income (loss) 287,487 89,949    
Noncontrolling interests in income (loss) of consolidated subsidiaries 3,452 (1,300)    
Dividends on preferred stock 22,395 22,395    
Net income (loss) attributable to common stockholders - basic 261,640 68,854    
Investments 32,648,150      
Cash and cash equivalents 1,136,437      
Restricted cash [1] 394,546   $ 385,620  
Other assets 7,809,938      
Goodwill 131,857   131,857  
Total assets 42,120,928   35,311,785  
Debt 29,521,832      
Other liabilities 5,355,724      
Total liabilities 34,877,556   28,210,747  
Total equity 7,243,372 6,954,543 7,101,038 $ 7,010,068
Noncontrolling interests in equity of consolidated subsidiaries [2] 93,820   94,096  
Total Rithm Capital stockholders’ equity 7,149,552   7,006,942  
Investments in equity method investees 219,146      
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables        
Segment Reporting Information [Line Items]        
Revenue 470,203 469,839    
Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows)        
Segment Reporting Information [Line Items]        
Revenue 84,175 (142,304)    
Servicing revenue, net        
Segment Reporting Information [Line Items]        
Revenue 554,378 327,535    
Interest income        
Segment Reporting Information [Line Items]        
Revenue 448,179 346,614    
Gain on originated residential mortgage loans, held-for-sale, net        
Segment Reporting Information [Line Items]        
Revenue 149,545 109,268    
Other investment portfolio revenues        
Segment Reporting Information [Line Items]        
Revenue 58,348 58,144    
Asset management revenues        
Segment Reporting Information [Line Items]        
Total revenues 75,860 0    
Asset management related interest income        
Segment Reporting Information [Line Items]        
Total revenues 4,900      
MSRs        
Segment Reporting Information [Line Items]        
Realization of cash flows (116,839) (105,691)    
Origination and Servicing        
Segment Reporting Information [Line Items]        
Goodwill 24,376   24,376  
Investment Portfolio        
Segment Reporting Information [Line Items]        
Goodwill 5,092   5,092  
Asset Management        
Segment Reporting Information [Line Items]        
Goodwill 46,658   46,658  
Operating Segments | Origination and Servicing        
Segment Reporting Information [Line Items]        
Total revenues 776,729 529,885    
Interest expense 131,174 111,069    
General and administrative 83,564 80,832    
Compensation and benefits 153,806 160,514    
Total operating expenses 368,544 352,415    
Realized and unrealized gains (losses), net 0 (23)    
Other income (loss), net (36) (13,427)    
Total other income (loss) (36) (13,450)    
Income (loss) before income taxes 408,149 164,020    
Income tax expense (benefit) 96,201 (3,672)    
Net income (loss) 311,948 167,692    
Noncontrolling interests in income (loss) of consolidated subsidiaries 55 (42)    
Dividends on preferred stock 0 0    
Net income (loss) attributable to common stockholders - basic 311,893 167,734    
Investments 10,844,061      
Cash and cash equivalents 468,355      
Restricted cash 237,186   195,490  
Other assets 3,427,033      
Goodwill 24,376      
Total assets 15,001,011      
Debt 7,621,241      
Other liabilities 3,294,952      
Total liabilities 10,916,193      
Total equity 4,084,818      
Noncontrolling interests in equity of consolidated subsidiaries 8,051      
Total Rithm Capital stockholders’ equity 4,076,767      
Investments in equity method investees 0      
Operating Segments | Origination and Servicing | Servicing fee revenue, net and interest income from MSRs and MSR financing receivables        
Segment Reporting Information [Line Items]        
Revenue 397,478 349,424    
Operating Segments | Origination and Servicing | Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows)        
Segment Reporting Information [Line Items]        
Revenue 93,361 (37,526)    
Operating Segments | Origination and Servicing | Servicing revenue, net        
Segment Reporting Information [Line Items]        
Revenue 490,839 311,898    
Operating Segments | Origination and Servicing | Interest income        
Segment Reporting Information [Line Items]        
Revenue 140,021 109,766    
Operating Segments | Origination and Servicing | Gain on originated residential mortgage loans, held-for-sale, net        
Segment Reporting Information [Line Items]        
Revenue 145,869 108,221    
Operating Segments | Origination and Servicing | Other investment portfolio revenues        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Origination and Servicing | Asset management revenues        
Segment Reporting Information [Line Items]        
Total revenues 0 0    
Operating Segments | Investment Portfolio        
Segment Reporting Information [Line Items]        
Total revenues 360,054 253,339    
Interest expense 228,073 157,910    
General and administrative 64,921 74,369    
Compensation and benefits 4,743 7,136    
Total operating expenses 297,737 239,415    
Realized and unrealized gains (losses), net (81,452) (73,314)    
Other income (loss), net 3,740 (5,270)    
Total other income (loss) (77,712) (78,584)    
Income (loss) before income taxes (15,395) (64,660)    
Income tax expense (benefit) 1,248 (11,040)    
Net income (loss) (16,643) (53,620)    
Noncontrolling interests in income (loss) of consolidated subsidiaries 2,037 (1,258)    
Dividends on preferred stock 0 0    
Net income (loss) attributable to common stockholders - basic (18,680) (52,362)    
Investments 19,207,349      
Cash and cash equivalents 505,162      
Restricted cash 93,654   144,169  
Other assets 3,046,638      
Goodwill 5,092      
Total assets 22,857,895      
Debt 18,446,477      
Other liabilities 1,418,010      
Total liabilities 19,864,487      
Total equity 2,993,408      
Noncontrolling interests in equity of consolidated subsidiaries 43,426      
Total Rithm Capital stockholders’ equity 2,949,982      
Investments in equity method investees 117,146      
Operating Segments | Investment Portfolio | Servicing fee revenue, net and interest income from MSRs and MSR financing receivables        
Segment Reporting Information [Line Items]        
Revenue 72,725 120,415    
Operating Segments | Investment Portfolio | Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows)        
Segment Reporting Information [Line Items]        
Revenue (9,186) (104,778)    
Operating Segments | Investment Portfolio | Servicing revenue, net        
Segment Reporting Information [Line Items]        
Revenue 63,539 15,637    
Operating Segments | Investment Portfolio | Interest income        
Segment Reporting Information [Line Items]        
Revenue 234,491 178,511    
Operating Segments | Investment Portfolio | Gain on originated residential mortgage loans, held-for-sale, net        
Segment Reporting Information [Line Items]        
Revenue 3,676 1,047    
Operating Segments | Investment Portfolio | Other investment portfolio revenues        
Segment Reporting Information [Line Items]        
Revenue 58,348 58,144    
Operating Segments | Investment Portfolio | Asset management revenues        
Segment Reporting Information [Line Items]        
Total revenues 0 0    
Operating Segments | Mortgage Loans Receivable        
Segment Reporting Information [Line Items]        
Total revenues 73,665 58,337    
Interest expense 36,953 30,692    
General and administrative 4,754 4,129    
Compensation and benefits 11,303 12,102    
Total operating expenses 53,010 46,923    
Realized and unrealized gains (losses), net 20,160 (4,812)    
Other income (loss), net 274 1,713    
Total other income (loss) 20,434 (3,099)    
Income (loss) before income taxes 41,089 8,315    
Income tax expense (benefit) (333) (2,094)    
Net income (loss) 41,422 10,409    
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0    
Dividends on preferred stock 0 0    
Net income (loss) attributable to common stockholders - basic 41,422 10,409    
Investments 2,384,744      
Cash and cash equivalents 60,713      
Restricted cash 55,458   37,805  
Other assets 133,198      
Goodwill 55,731      
Total assets 2,689,844      
Debt 1,981,198      
Other liabilities 20,435      
Total liabilities 2,001,633      
Total equity 688,211      
Noncontrolling interests in equity of consolidated subsidiaries 0      
Total Rithm Capital stockholders’ equity 688,211      
Investments in equity method investees 0      
Operating Segments | Mortgage Loans Receivable | Servicing fee revenue, net and interest income from MSRs and MSR financing receivables        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Mortgage Loans Receivable | Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows)        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Mortgage Loans Receivable | Servicing revenue, net        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Mortgage Loans Receivable | Interest income        
Segment Reporting Information [Line Items]        
Revenue 73,665 58,337    
Operating Segments | Mortgage Loans Receivable | Gain on originated residential mortgage loans, held-for-sale, net        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Mortgage Loans Receivable | Other investment portfolio revenues        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Mortgage Loans Receivable | Asset management revenues        
Segment Reporting Information [Line Items]        
Total revenues 0 0    
Operating Segments | Asset Management        
Segment Reporting Information [Line Items]        
Total revenues 75,860 0    
Interest expense 7,621 0    
General and administrative 31,935 0    
Compensation and benefits 63,112 0    
Total operating expenses 102,668 0    
Realized and unrealized gains (losses), net (6,842) 0    
Other income (loss), net 3,969 0    
Total other income (loss) (2,873) 0    
Income (loss) before income taxes (29,681)    
Income tax expense (benefit) (3,704) 0    
Net income (loss) (25,977) 0    
Noncontrolling interests in income (loss) of consolidated subsidiaries 1,360 0    
Dividends on preferred stock 0 0    
Net income (loss) attributable to common stockholders - basic (27,337) 0    
Investments 211,996      
Cash and cash equivalents 82,460      
Restricted cash 8,248   $ 8,156  
Other assets 1,179,469      
Goodwill 46,658      
Total assets 1,528,831      
Debt 442,350      
Other liabilities 437,230      
Total liabilities 879,580      
Total equity 649,251      
Noncontrolling interests in equity of consolidated subsidiaries 42,343      
Total Rithm Capital stockholders’ equity 606,908      
Investments in equity method investees 102,000      
Operating Segments | Asset Management | Servicing fee revenue, net and interest income from MSRs and MSR financing receivables        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Asset Management | Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows)        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Asset Management | Servicing revenue, net        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Asset Management | Interest income        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Asset Management | Gain on originated residential mortgage loans, held-for-sale, net        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Asset Management | Other investment portfolio revenues        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Asset Management | Asset management revenues        
Segment Reporting Information [Line Items]        
Total revenues 75,860 0    
Operating Segments | Corporate        
Segment Reporting Information [Line Items]        
Total revenues 2 0    
Interest expense 10,544 9,397    
General and administrative 9,944 7,825    
Compensation and benefits 2,814 9,128    
Total operating expenses 23,302 26,350    
Realized and unrealized gains (losses), net 0 0    
Other income (loss), net 37 (8,182)    
Total other income (loss) 37 (8,182)    
Income (loss) before income taxes (23,263) (34,532)    
Income tax expense (benefit) 0 0    
Net income (loss) (23,263) (34,532)    
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0    
Dividends on preferred stock 22,395 22,395    
Net income (loss) attributable to common stockholders - basic (45,658) (56,927)    
Investments 0      
Cash and cash equivalents 19,747      
Restricted cash 0      
Other assets 23,600      
Goodwill 0      
Total assets 43,347      
Debt 1,030,566      
Other liabilities 185,097      
Total liabilities 1,215,663      
Total equity (1,172,316)      
Noncontrolling interests in equity of consolidated subsidiaries 0      
Total Rithm Capital stockholders’ equity (1,172,316)      
Investments in equity method investees 0      
Operating Segments | Corporate | Servicing fee revenue, net and interest income from MSRs and MSR financing receivables        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Corporate | Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows)        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Corporate | Servicing revenue, net        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Corporate | Interest income        
Segment Reporting Information [Line Items]        
Revenue 2 0    
Operating Segments | Corporate | Gain on originated residential mortgage loans, held-for-sale, net        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Corporate | Other investment portfolio revenues        
Segment Reporting Information [Line Items]        
Revenue 0 0    
Operating Segments | Corporate | Asset management revenues        
Segment Reporting Information [Line Items]        
Total revenues $ 0 $ 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 20 for details.