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VARIABLE INTEREST ENTITIES (AS RESTATED) - Variable Interest Entities, Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Assets                
Servicer advance investments, at fair value $ 376,881       $ 398,820      
Residential mortgage loans, held-for-sale, at fair value 2,461,865 $ 2,740,599 $ 3,008,722 $ 2,743,809 3,297,271 $ 3,933,392 $ 5,293,936 $ 7,076,916
Investments, at fair value and other assets 3,751,477 2,718,560 2,846,314 2,778,684 2,803,138 2,597,681 2,515,247 2,446,146
Cash and cash equivalents 1,287,199 1,217,283 1,369,025 1,434,697 1,336,508 1,420,010 1,510,848 1,671,177
Restricted cash 378,048       271,758      
Total assets 39,717,084 36,791,065 35,999,288 33,898,625 34,586,508 37,282,191 36,450,189 39,699,432
Liabilities                
Secured financing agreements 12,561,283 [1] 13,605,380 12,757,428 11,760,930 11,257,736 [1] 13,655,247 13,967,234 17,281,873
Accrued expenses and other liabilities 2,065,761 [1] 1,781,997 1,614,408 1,506,876 1,486,318 [1] 1,893,252 1,770,691 1,740,344
Total liabilities 32,616,046 $ 29,523,102 $ 28,804,604 $ 26,944,082 27,576,440 $ 30,220,565 $ 29,387,191 $ 32,514,720
VIE, consolidated                
Assets                
Servicer advance investments, at fair value 367,803       387,675      
Residential mortgage loans, held-for-investment, at fair value         22,699      
Residential mortgage loans, held-for-sale, at fair value 1,112,097       844,000      
Consumer loans 285,632       363,756      
Investments, at fair value and other assets 3,714,037       2,781,842      
Mortgage loans receivable         0      
Cash and cash equivalents 23,540       85,961      
Restricted cash 52,535       42,694      
Other assets 10,614       172,497      
Total assets 5,566,258       4,701,124      
Liabilities                
Secured financing agreements 996,845       51,325      
Secured notes and bonds payable 510,174       1,381,550      
Notes payable of consolidated CFEs 3,155,237       2,408,396      
Accrued expenses and other liabilities 20,132       44,802      
Total liabilities 4,682,388       3,886,073      
VIE, consolidated | Advance Purchaser                
Assets                
Servicer advance investments, at fair value 367,803       387,675      
Residential mortgage loans, held-for-investment, at fair value         0      
Residential mortgage loans, held-for-sale, at fair value 0       0      
Consumer loans 0       0      
Investments, at fair value and other assets 0       0      
Mortgage loans receivable         0      
Cash and cash equivalents 5,381       34,084      
Restricted cash 8,273       7,433      
Other assets 9       9      
Total assets 381,466       429,201      
Liabilities                
Secured financing agreements 0       0      
Secured notes and bonds payable 274,404       313,093      
Notes payable of consolidated CFEs 0       0      
Accrued expenses and other liabilities 2,606       1,928      
Total liabilities 277,010       315,021      
VIE, consolidated | Newrez Joint Ventures                
Assets                
Servicer advance investments, at fair value 0       0      
Residential mortgage loans, held-for-investment, at fair value         0      
Residential mortgage loans, held-for-sale, at fair value 0       0      
Consumer loans 0       0      
Investments, at fair value and other assets 0       0      
Mortgage loans receivable         0      
Cash and cash equivalents 18,159       28,404      
Restricted cash 0       0      
Other assets 688       1,026      
Total assets 18,847       29,430      
Liabilities                
Secured financing agreements 0       0      
Secured notes and bonds payable 0       0      
Notes payable of consolidated CFEs 0       0      
Accrued expenses and other liabilities 2,240       4,306      
Total liabilities 2,240       4,306      
VIE, consolidated | Residential Mortgage Loans                
Assets                
Servicer advance investments, at fair value 0       0      
Residential mortgage loans, held-for-investment, at fair value         22,699      
Residential mortgage loans, held-for-sale, at fair value 1,112,097       844,000      
Consumer loans 0       0      
Investments, at fair value and other assets 0       0      
Mortgage loans receivable         0      
Cash and cash equivalents 0       23,473      
Restricted cash 6,113       7,547      
Other assets 0       165,975      
Total assets 1,118,210       1,063,694      
Liabilities                
Secured financing agreements 996,845       51,325      
Secured notes and bonds payable 0       768,959      
Notes payable of consolidated CFEs 0       0      
Accrued expenses and other liabilities 5,382       25,381      
Total liabilities 1,002,227       845,665      
VIE, consolidated | Consumer Loan Companies                
Assets                
Servicer advance investments, at fair value 0       0      
Residential mortgage loans, held-for-investment, at fair value         0      
Residential mortgage loans, held-for-sale, at fair value 0       0      
Consumer loans 285,632       363,756      
Investments, at fair value and other assets 0       0      
Mortgage loans receivable         0      
Cash and cash equivalents 0       0      
Restricted cash 6,301       6,652      
Other assets 4,325       5,253      
Total assets 296,258       375,661      
Liabilities                
Secured financing agreements 0       0      
Secured notes and bonds payable 235,770       299,498      
Notes payable of consolidated CFEs 0       0      
Accrued expenses and other liabilities 1,507       1,144      
Total liabilities 237,277       300,642      
VIE, consolidated | Mortgage Loans Receivable                
Assets                
Servicer advance investments, at fair value 0       0      
Residential mortgage loans, held-for-investment, at fair value         0      
Residential mortgage loans, held-for-sale, at fair value 0       0      
Consumer loans 0       0      
Investments, at fair value and other assets 353,594       349,975      
Mortgage loans receivable         0      
Cash and cash equivalents 0       0      
Restricted cash 7,572       9,368      
Other assets 4,532       234      
Total assets 365,698       359,577      
Liabilities                
Secured financing agreements 0       0      
Secured notes and bonds payable 0       0      
Notes payable of consolidated CFEs 318,998       312,918      
Accrued expenses and other liabilities 371       348      
Total liabilities 319,369       313,266      
VIE, consolidated | Loan Securitizations - Residential Mortgage Loans                
Assets                
Servicer advance investments, at fair value 0       0      
Residential mortgage loans, held-for-investment, at fair value         0      
Residential mortgage loans, held-for-sale, at fair value 0       0      
Consumer loans 0       0      
Investments, at fair value and other assets 3,038,587       2,431,867      
Mortgage loans receivable         0      
Cash and cash equivalents 0       0      
Restricted cash 6,263       11,694      
Other assets 0       0      
Total assets 3,044,850       2,443,561      
Liabilities                
Secured financing agreements 0       0      
Secured notes and bonds payable 0       0      
Notes payable of consolidated CFEs 2,618,082       2,095,478      
Accrued expenses and other liabilities 6,263       11,695      
Total liabilities 2,624,345       2,107,173      
VIE, consolidated | Consolidated Funds                
Assets                
Servicer advance investments, at fair value 0       0      
Residential mortgage loans, held-for-investment, at fair value         0      
Residential mortgage loans, held-for-sale, at fair value 0       0      
Consumer loans 0       0      
Investments, at fair value and other assets 321,856       0      
Mortgage loans receivable         0      
Cash and cash equivalents 0       0      
Restricted cash 18,013       0      
Other assets 1,060       0      
Total assets 340,929       0      
Liabilities                
Secured financing agreements 0       0      
Secured notes and bonds payable 0       0      
Notes payable of consolidated CFEs 218,157       0      
Accrued expenses and other liabilities 1,763       0      
Total liabilities $ 219,920       $ 0      
[1] The Company's Consolidated Balance Sheets include assets and liabilities of consolidated variable interest entities (“VIEs”) and certain other consolidated VIEs classified as collateralized financing entities (“CFEs”) that are presented separately and measured under the CFE election. VIE assets can only be used to settle obligations and liabilities of the VIEs. VIE creditors do not have recourse to Rithm Capital Corp. As of December 31, 2023, as restated, and December 31, 2022, as restated, total assets of such consolidated VIEs were $5.6 billion and $4.7 billion, respectively, and total liabilities of such consolidated VIEs were $4.7 billion and $3.9 billion, respectively. See Note 22 for further details.