v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Excess mortgage servicing rights assets, at fair value $ 378,488 $ 410,855
Mortgage servicing rights, at fair value 3,800,593 3,489,675
Mortgage servicing rights financing receivables, at fair value 989,836 1,096,166
Outstanding Servicer Advances [1] 502,533 538,056
Real estate and other securities 14,956,889 14,244,558
Residential loans and variable interest entity consumer loans held-for-investment, at fair value [1] 1,210,077 1,359,754
Residential mortgage loans, held-for-sale ($6,744,443 and $4,705,816 at fair value, respectively) 7,088,441 5,215,703
Residential mortgage loans subject to repurchase [2] 1,308,242 1,452,005
Cash and cash equivalents [1] 956,242 944,854
Restricted cash [1] 238,501 135,619
Servicer advances receivable 2,719,410 3,002,267
Receivable for investments sold 1,109,959 4,180
Other assets [1] 1,991,186 1,358,422
Total assets 37,250,397 33,252,114
Liabilities    
Secured financing agreements 21,290,862 17,547,680
Secured notes and bonds payable [1] 7,304,006 7,644,195
Residential mortgage loan repurchase liability [2] 1,308,242 1,452,005
Unsecured senior notes, net of issuance costs 542,405 541,516
Payable for investments purchased 0 154
Due to affiliates 8,682 9,450
Dividends payable 100,495 90,128
Accrued expenses and other liabilities [1] 529,554 537,302
Total liabilities 31,084,246 27,822,430
Commitments and Contingencies
Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized, 33,610,000 issued and outstanding, $840,250 aggregate liquidation preference 812,992 812,992
Common stock, $0.01 par value, 2,000,000,000 shares authorized, 466,579,920 and 414,744,518 issued and outstanding, respectively 4,667 4,148
Additional paid-in capital 6,059,186 5,547,108
Retained earnings (accumulated deficit) (886,305) (1,108,929)
Accumulated other comprehensive income 81,511 65,697
Total New Residential stockholders’ equity 6,072,051 5,321,016
Noncontrolling interests in equity of consolidated subsidiaries 94,100 108,668
Total equity 6,166,151 5,429,684
Liabilities and Equity $ 37,250,397 $ 33,252,114
[1] The Company's consolidated statements of financial condition 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 (New Residential). As of June 30, 2021, and December 31, 2020, total assets of consolidated VIEs were $2.6 billion and $2.7 billion, respectively, and total liabilities of consolidated VIEs were $2.1 billion and $2.1 billion, respectively. See Note 13 for further details.
[2] See Note 5 for details.

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