Quarterly report pursuant to Section 13 or 15(d)

RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME

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RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME
9 Months Ended
Sep. 30, 2016
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
 
Three Months Ended September 30,
 
Nine Months Ended  
 September 30,
 
 
 
 
2016
 
2015
 
2016
 
2015
Reclassification of net realized (gain) loss on securities into earnings
 
Gain on settlement of investments, net
 
$
679

 
$
(24,454
)
 
$
(15,072
)
 
$
(31,230
)
Reclassification of net realized (gain) loss on securities into earnings
 
Other-than-temporary impairment on securities
 
1,765

 
1,574

 
7,838

 
3,294

Total reclassifications
 
 
 
$
2,444

 
$
(22,880
)
 
$
(7,234
)
 
$
(27,936
)

New Residential did not allocate any income tax expense or benefit to any component of other comprehensive income for any period presented, as no taxable subsidiary generated other comprehensive income.