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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Supplementary Data
The unaudited quarterly consolidated results of operations are summarized in the tables below.
 
Predecessor
 
 
Successor
 
Quarter ended March 31, 2018
 
Quarter ended June 31, 2018
 
For the Period July 1 - July 31, 2018
 
 
For the Period August 1 - September 30, 2018
 
Quarter ended December 31, 2018
Service related revenue, net
$
464

 
$
317

 
$
120

 
 
$
259

 
$
159

Net gain on mortgage loans held for sale
124

 
127

 
44

 
 
83

 
93

Total revenues
588

 
444

 
164

 
 
342

 
252

Total expenses
364

 
339

 
242

 
 
275

 
432

Total other income (expense), net
(18
)
 
(26
)
 
(5
)
 
 
(26
)
 
2

Income (loss) before income tax expense (benefit)
206

 
79

 
(83
)
 
 
41

 
(178
)
Less: Income tax expense (benefit)
46

 
21

 
(19
)
 
 
(979
)
 
(42
)
Net income (loss)
160

 
58

 
(64
)
 
 
1,020

 
(136
)
Less: Net income attributable to non-controlling interests

 

 

 
 

 

Net income (loss) attributable to Predecessor/Successor
160

 
58

 
(64
)
 
 
1,020

 
(136
)
Less: Undistributed earnings attributable to participating stockholders(1)

 

 

 
 
9

 

Net income (loss) attributable to common stockholders
$
160

 
$
58

 
$
(64
)
 
 
$
1,011

 
$
(136
)
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) per common share attributable to Predecessor/Successor:
 
 
 
 
 
 
 
 
 
 
Basic
$
1.63

 
$
0.59

 
$
(0.65
)
 
 
$
11.13

 
$
(1.50
)
Diluted
$
1.61

 
$
0.59

 
$
(0.65
)
 
 
$
10.99

 
$
(1.50
)

(1) 
Undistributed earnings allocated to participating securities and earnings per share are computed independently for each period. Accordingly, the sum of each quarterly amount may not agree to the year-to-date total.

 
Predecessor
 
Year Ended December 31, 2017
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Service related revenue, net
$
283

 
$
213

 
$
252

 
$
295

Net gain on mortgage loans held for sale
144

 
167

 
154

 
142

Total revenues
427

 
380

 
406

 
437

Total expenses
372

 
369

 
368

 
366

Total other income (expense), net
(52
)
 
(40
)
 
(26
)
 
(13
)
Income (loss) before income tax expense (benefit)
3

 
(29
)
 
12

 
58

Less: Income tax expense (benefit)
1

 
(10
)
 
5

 
17

Net income (loss)
2

 
(19
)
 
7

 
41

Less: Net income (loss) attributable to non-controlling interests

 
1

 

 

Net income (loss) attributable to Nationstar
$
2

 
$
(20
)
 
$
7

 
$
41

 
 
 
 
 
 
 
 
Net income (loss) per common share attributable to Predecessor:
 
 
 
 
 
 
 
Basic
$
0.02

 
$
(0.20
)
 
$
0.07

 
$
0.42

Diluted
$
0.02

 
$
(0.20
)
 
$
0.07

 
$
0.41