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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Excess mortgage servicing rights, at fair value $ 322,168 $ 344,947
Mortgage servicing rights and mortgage servicing rights financing receivables, at fair value [1] 8,895,074 6,858,803
Servicer advance investments, at fair value [1] 371,418 421,807
Real estate and other securities 9,437,008 9,396,539
Residential loans and variable interest entity consumer loans held-for-investment, at fair value [1] 864,534 1,077,224
Residential mortgage loans, held-for-sale ($3,933,392 and $11,214,924 at fair value, respectively) 4,037,411 11,347,845
Single-family rental properties, held-for-investment 959,448 579,607
Mortgage loans receivable, at fair value [1] 1,919,913 1,515,762
Residential mortgage loans subject to repurchase [2] 1,897,142 1,787,314
Cash and cash equivalents 1,420,010 1,332,575 [1]
Restricted cash [1] 529,565 195,867
Servicer advance receivable [1] 2,522,246 2,855,148
Other assets [1] 2,158,598 2,028,752
Total assets 35,334,535 39,742,190
Liabilities    
Secured financing agreements [1] 13,655,247 20,592,884
Secured notes and bonds payable ([$0] and [$511,107] at fair value, respectively) [1] 9,653,664 8,644,810
Residential mortgage loan repurchase liability [2] 1,897,142 1,787,314
Unsecured senior notes, net of issuance costs 544,612 543,293
Payable for investments purchased 498,933 0
Due to affiliates 0 17,819
Dividends payable 129,632 127,922
Accrued expenses and other liabilities [1] 1,893,679 1,358,768
Total liabilities 28,272,909 33,072,810
Commitments and Contingencies
Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized, 52,038,000 and 52,210,000 issued and outstanding, $1,300,959 and $1,305,250 aggregate liquidation preference, respectively 1,258,667 1,262,481
Common stock, $0.01 par value, 2,000,000,000 shares authorized, 473,715,100 and 466,758,266 issued and outstanding, respectively 4,739 4,669
Additional paid-in capital 6,060,671 6,059,671
Retained earnings (accumulated deficit) (381,843) (813,042)
Accumulated other comprehensive income 48,337 90,253
Total Rithm Capital stockholders’ equity 6,990,571 6,604,032
Noncontrolling interests in equity of consolidated subsidiaries [1] 71,055 65,348
Total equity 7,061,626 6,669,380
Liabilities and Equity $ 35,334,535 $ 39,742,190
[1] The Company's Consolidated Balance Sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (Rithm Capital). As of September 30, 2022, and December 31, 2021, total assets of consolidated VIEs were $3.4 billion and $2.8 billion, respectively, and total liabilities of consolidated VIEs were $2.8 billion and $2.1 billion, respectively. See Note 20 for further details.
[2] See Note 5 for details.