XML 118 R103.htm IDEA: XBRL DOCUMENT v3.25.0.1
OTHER ASSETS AND LIABILITIES - Schedule of Other Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Jun. 30, 2024
Dec. 31, 2023
Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List] Total other assets   Total other assets Total other assets
Operating Lease, Liability, Statement of Financial Position [Extensible List] Total accrued expenses and other liabilities   Total accrued expenses and other liabilities Total accrued expenses and other liabilities
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration] Total accrued expenses and other liabilities      
Other Assets        
CLOs, at fair value $ 242,227   $ 226,486  
Deferred tax asset 573,122   517,769  
Derivative and hedging assets 75,147   28,080  
Equity investments 502,610   173,882  
Excess MSRs, at fair value 369,162   271,150  
Goodwill 133,832   131,857 $ 85,199
Income and fees receivable 208,672   59,134  
Intangible assets 331,949   387,920  
Loan receivable, at fair value 31,580   31,323  
Margin receivable, net 414,404   75,947  
Non-Agency RMBS, at fair value 552,797   577,543  
Notes receivable, at fair value 393,786   398,227  
Operating lease ROU assets 99,224   104,207  
Prepaid expenses 59,198   62,513  
Principal and interest receivable 181,271   168,516  
Property and equipment 70,495   40,038  
REO 27,898   15,507  
Servicer advance investments, at fair value 339,646   376,881  
Servicing fee receivables 106,228   156,777  
Warrants, at fair value 9,316   16,599  
Other assets 200,124   182,881  
Total other assets [1] 4,563,415   3,948,852  
Accrued Expenses and Other Liabilities        
Accounts payable 133,037   165,144  
Accrued compensation and benefits 322,957   290,464  
Deferred tax liability 786,141   801,857  
Derivative liabilities 52,610   51,765  
Escheat payable 187,830   169,914  
Excess spread financing, at fair value 101,088   0  
Interest payable 260,931   166,620  
Lease liability 160,437   159,236  
Notes receivable financing 371,788   0  
Unearned income and fees 17,280   37,468  
Other liabilities 236,672   223,293  
Total accrued expenses and other liabilities [1] 2,630,771   2,065,761  
Financing receivable, transfer   $ 365,000    
Financing receivable subject to repo financing   323,500    
Proceeds from transfer of financing receivable   $ 48,000    
Related Party        
Other Assets        
Other receivables 35,198   32,319  
Nonrelated Party        
Other Assets        
Other receivables 178,651   152,046  
Subsidiaries        
Other Assets        
Deferred tax asset 0   279,019  
Accrued Expenses and Other Liabilities        
Unearned income and fees $ 17,280   $ 37,468  
[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, 2024 and 2023, total assets of such consolidated VIEs were $6.3 billion and $5.6 billion, respectively, and total liabilities of such consolidated VIEs were $5.2 billion and $4.7 billion, respectively. See Note 20 for further details.