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VARIABLE INTEREST ENTITIES (AS RESTATED) - 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
Investments, at fair value and other assets [1] 3,982,059 3,751,477
Cash and cash equivalents 1,136,437  
Total assets 47,935,581 39,717,084
Liabilities    
Secured financing agreements [1] 18,271,046 12,561,283
Notes payable of consolidated funds 218,100  
Accrued expenses and other liabilities [1] 1,884,527 2,065,761
Total liabilities 40,692,209 32,616,046
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
Investments, at fair value and other assets 3,937,614 3,714,037
Cash and cash equivalents 23,532 23,540
Restricted cash 62,116 52,535
Other assets 10,518 10,614
Total assets 5,844,022 5,566,258
Liabilities    
Secured financing agreements 1,052,769 996,845
Secured notes and bonds payable 487,698 510,174
Notes payable of consolidated funds 3,342,717 3,155,237
Accrued expenses and other liabilities 34,178 20,132
Total liabilities 4,917,362 4,682,388
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
Investments, at fair value and other assets 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
Notes payable of consolidated funds 0 0
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
Investments, at fair value and other assets 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
Notes payable of consolidated funds 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
Investments, at fair value and other assets 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
Notes payable of consolidated funds 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
Investments, at fair value and other assets 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
Notes payable of consolidated funds 0 0
Accrued expenses and other liabilities 1,587 1,507
Total liabilities 223,509 237,277
VIE, consolidated | Loan Securitizations - 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
Investments, at fair value and other assets 341,831 353,594
Cash and cash equivalents 0 0
Restricted cash 11,607 7,572
Other assets 4,888 4,532
Total assets 358,326 365,698
Liabilities    
Secured financing agreements 0 0
Secured notes and bonds payable 0 0
Notes payable of consolidated funds 324,062 318,998
Accrued expenses and other liabilities 371 372
Total liabilities 324,433 319,370
VIE, consolidated | Loan Securitizations - Residential Mortgage Loans    
Assets    
Servicer advance investments, at fair value 0 0
Residential mortgage loans, HFS, at fair value 0 0
Consumer loans 0 0
Investments, at fair value and other assets 3,257,446 3,038,587
Cash and cash equivalents 0 0
Restricted cash 16,155 6,263
Other assets 89 0
Total assets 3,273,690 3,044,850
Liabilities    
Secured financing agreements 0 0
Secured notes and bonds payable 0 0
Notes payable of consolidated funds 2,800,532 2,618,082
Accrued expenses and other liabilities 16,156 6,262
Total liabilities 2,816,688 2,624,344
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
Investments, at fair value and other assets 338,337 321,856
Cash and cash equivalents 0 0
Restricted cash 10,856 18,013
Other assets 850 1,060
Total assets 350,043 340,929
Liabilities    
Secured financing agreements 0 0
Secured notes and bonds payable 0 0
Notes payable of consolidated funds 218,123 218,157
Accrued expenses and other liabilities 5,065 1,763
Total liabilities $ 223,188 $ 219,920
[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 March 31, 2024 and December 31, 2023, total assets of such consolidated VIEs were $5.8 billion and $5.6 billion, respectively, and total liabilities of such consolidated VIEs were $4.9 billion and $4.7 billion, respectively. See Note 21 for further details.