Annual report pursuant to Section 13 and 15(d)

RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME

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RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME

The following table summarizes the amounts reclassified out of accumulated other comprehensive income into net income:
Accumulated Other Comprehensive Income Components
 
Statement of Income Location
 
Year Ended December 31,
2019
 
2018
 
2017
Reclassification of net realized (gain) loss on securities into earnings
 
Gain (loss) on settlement of investments, net
 
$
(205,989
)
 
$
29,936

 
$
(20,642
)
Reclassification of net realized (gain) loss on securities into earnings
 
Other-than-temporary impairment on securities
 
25,174

 
30,017

 
10,334

Total reclassifications
 
 
 
$
(180,815
)
 
$
59,953

 
$
(10,308
)


New Residential allocated $4.2 million of income tax expense to other comprehensive income for the year ended December 31, 2019.