Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING (Tables)

v2.4.0.8
SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting Tables  
Schedule of segment reporting

Summary financial data on New Residential’s segments is given below, together with a reconciliation to the same data for New Residential as a whole:

 

    Excess MSRs    

Real Estate Securities

and Loans

    Corporate     Total  
Three Months Ended March 31, 2013                                
Interest income   $ 10,035     $ 6,156     $ —     $ 16,191  
Interest expense     —       899       —       899  
Net interest income     10,035       5,257       —       15,292  
Other income     2,827       —       —       2,827  
Other operating expenses     62       —       4,982       5,044  
Net income (loss)   $ 12,800     $ 5,257     $ (4,982 )   $ 13,075  

 

    Excess MSRs    

Real Estate Securities

and Loans

    Corporate     Total  
March 31, 2013                                
Investments   $ 339,143     $ 1,353,507     $ —     $ 1,692,650  
Other assets     —       450       —       450  
Total assets     339,143       1,353,957       —       1,693,100  
Debt     —       (915,058 )     —       (915,058 )
Other liabilities     (174 )     (87 )     (10,362 )     (10,623 )
Total liabilities     (174 )     (915,145 )     (10,362 )     (925,681 )
GAAP book value   $ 338,969     $ 438,812     $ (10,362 )   $ 767,419  
                                 
Investments in equity method investees at fair value   $ 102,588       —       —     $ 102,588  

 

    Excess MSRs    

Real Estate Securities

and Loans

    Corporate     Total  
Three Months Ended March 31, 2012                                
Interest income   $ 2,037     $ —     $ —     $ 2,037  
Interest expense     —       —       —       —  
Net interest income     2,037       —       —       2,037  
Other income     1,216       —       —       1,216  
Other operating expenses     386       —       179       565  
Net Income (loss)   $ 2,867     $ —     $ (179 )   $ 2,688