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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Investments in:    
Excess mortgage servicing rights, at fair value $ 1,581,517 $ 417,733
Excess mortgage servicing rights, equity method investees, at fair value 217,221 330,876
Servicer advances, at fair value [1] 7,426,794 3,270,839
Real estate securities, available-for-sale 2,501,881 2,463,163
Residential mortgage loans, held-for-investment 330,178 47,838
Residential mortgage loans, held-for-sale 776,681 1,126,439
Real estate owned 50,574 61,933
Consumer loans, equity method investees 0 0
Cash and cash equivalents 249,936 212,985
Restricted cash 94,702 29,418
Derivative assets 2,689 32,597
Trade receivable 1,538,481 0
Deferred tax asset, net 185,311 0
Other assets 236,757 95,423
Total assets 15,192,722 8,089,244
Liabilities    
Repurchase agreements 4,043,054 3,149,090
Notes payable [1] 7,249,568 2,908,763
Trades payable 725,672 2,678
Due to affiliates 23,785 57,424
Dividends payable 106,017 53,745
Deferred tax liability 0 15,114
Accrued expenses and other liabilities 58,046 52,505
Total liabilities $ 12,206,142 $ 6,239,319
Commitments and Contingencies
Equity    
Common Stock, $0.01 par value, 2,000,000,000 shares authorized, 230,471,202 and 141,434,905 issued and outstanding at December 31, 2015 and December 31, 2014, respectively $ 2,304 $ 1,414
Additional paid-in capital 2,640,893 1,328,587
Retained earnings 148,800 237,769
Accumulated other comprehensive income 3,936 28,319
Total New Residential stockholders’ equity 2,795,933 1,596,089
Noncontrolling interests in equity of consolidated subsidiaries 190,647 253,836
Total Equity 2,986,580 1,849,925
Total Liabilities And Stockholders Equity $ 15,192,722 $ 8,089,244
[1] New Residential’s Consolidated Balance Sheets include the assets and liabilities of a consolidated VIE, the Buyer (Note 6), which primarily holds investments in servicer advances financed with notes payable. The Buyer’s balance sheet is included in Note 6. The creditors of the Buyer do not have recourse to the general credit of New Residential and the assets of the Buyer are not directly available to satisfy New Residential’s obligations.