Quarterly report pursuant to Section 13 or 15(d)

RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME

v3.19.1
RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME
3 Months Ended
Mar. 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:
 
 
 
 
Three Months Ended  
 March 31,
Accumulated Other Comprehensive Income Components
 
Statement of Income Location
 
2019
 
2018
Reclassification of net realized (gain) loss on securities into earnings
 
Gain (loss) on settlement of investments, net
 
$
(65,196
)
 
$
29,227

Reclassification of net realized (gain) loss on securities into earnings
 
Other-than-temporary impairment on securities
 
7,516

 
6,670

Total reclassifications
 
 
 
$
(57,680
)
 
$
35,897



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.