Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Investments in:    
Excess mortgage servicing rights, at fair value $ 1,404,052 $ 1,581,517
Excess mortgage servicing rights, equity method investees, at fair value 195,904 217,221
Servicer advances, at fair value [1] 6,043,369 7,426,794
Real estate securities, available-for-sale 4,991,242 2,501,881
Residential mortgage loans, held-for-investment 0 330,178
Residential mortgage loans, held-for-sale 705,481 776,681
Real estate owned 60,459 50,574
Consumer loans, held-for-investment [1] 1,821,979 0
Cash and cash equivalents [1] 388,674 249,936
Restricted cash 153,127 94,702
Trades receivable 1,530,726 1,538,481
Deferred tax asset, net 172,510 185,311
Other assets 236,859 239,446
Total assets 17,704,382 15,192,722
Liabilities    
Repurchase agreements 4,929,944 4,043,054
Notes and bonds payable [1] 7,833,209 7,249,568
Trades payable 1,296,296 725,672
Due to affiliates 18,610 23,785
Dividends payable 115,356 106,017
Accrued expenses and other liabilities 93,456 58,046
Total liabilities 14,286,871 12,206,142
Commitments and Contingencies
Equity    
Common Stock, $0.01 par value, 2,000,000,000 shares authorized, 250,773,117 and 230,471,202 issued and outstanding at September 30, 2016 and December 31, 2015, respectively 2,507 2,304
Additional paid-in capital 2,919,765 2,640,893
Retained earnings 100,697 148,800
Accumulated other comprehensive income (loss) 105,381 3,936
Total New Residential stockholders’ equity 3,128,350 2,795,933
Noncontrolling interests in equity of consolidated subsidiaries 289,161 190,647
Total Equity 3,417,511 2,986,580
Total Liabilities And Stockholders Equity $ 17,704,382 $ 15,192,722
[1] New Residential’s Condensed Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, the Buyer (Note 6) and the Consumer Loan SPVs (Note 9), which primarily hold investments in servicer advances and consumer loans, respectively, financed with notes and bonds payable. The Buyer’s balance sheet is included in Note 6 and the Consumer Loan SPVs’ balance sheet is included in Note 9. The creditors of the Buyer and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations.