Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES - Others' Interest in Equity of Consumer Loan Companies (Details)

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VARIABLE INTEREST ENTITIES - Others' Interest in Equity of Consumer Loan Companies (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Dec. 31, 2019
Noncontrolling Interest [Line Items]                
Total consolidated equity $ 6,627,113 $ 5,428,631 $ 6,627,113 $ 5,428,631 $ 6,166,151 $ 5,429,684 $ 5,388,972 $ 7,236,260
Others’ interest in equity of consolidated subsidiary [1] 71,023   71,023     108,668    
Net income (loss) 170,681 103,920 617,743 (1,459,206)        
Noncontrolling interests in income (loss) of consolidated subsidiaries 9,001 11,640 28,448 34,118        
VIE, consolidated | The Buyer                
Noncontrolling Interest [Line Items]                
Total consolidated equity 124,386   124,386     163,944    
Others’ interest in equity of consolidated subsidiary 13,283   13,283     43,882    
Net income (loss) (2,614) 9,761 (4,546) (162)        
Noncontrolling interests in income (loss) of consolidated subsidiaries (280) 2,612 (797) (44)        
VIE, consolidated | Shelter Joint Ventures                
Noncontrolling Interest [Line Items]                
Total consolidated equity 32,594   32,594     38,727    
Others’ interest in equity of consolidated subsidiary 16,134   16,134     19,402    
Net income (loss) 6,125 9,649 19,762 21,017        
Noncontrolling interests in income (loss) of consolidated subsidiaries 3,032 4,840 9,782 10,542        
VIE, consolidated | Consumer Loan SPVs                
Noncontrolling Interest [Line Items]                
Total consolidated equity 88,312   88,312     96,418    
Others’ interest in equity of consolidated subsidiary 41,606   41,606     $ 45,384    
Net income (loss) 13,438 9,006 41,855 50,795        
Noncontrolling interests in income (loss) of consolidated subsidiaries $ 6,249 $ 4,188 $ 19,463 $ 23,620        
VIE, consolidated | The Buyer                
Noncontrolling Interest [Line Items]                
Others’ ownership interest 10.70%   10.70%     26.80%    
New Residential Interest in Investees   73.20%   73.20%        
VIE, consolidated | The Buyer | Weighted Average                
Noncontrolling Interest [Line Items]                
Others’ ownership interest 10.70% 26.80% 10.70% 26.80%        
VIE, consolidated | Shelter Joint Ventures                
Noncontrolling Interest [Line Items]                
Others’ ownership interest 49.50%   49.50%     50.10%    
VIE, consolidated | Shelter Joint Ventures | Weighted Average                
Noncontrolling Interest [Line Items]                
Others’ ownership interest 49.50% 50.20% 49.50% 50.20%        
VIE, consolidated | Consumer Loan SPVs                
Noncontrolling Interest [Line Items]                
Others’ ownership interest 46.50%   46.50%     46.50%    
VIE, consolidated | Consumer Loan SPVs | Weighted Average                
Noncontrolling Interest [Line Items]                
Others’ ownership interest 46.50% 46.50% 46.50% 46.50%        
[1] The Company's Consolidated Balance Sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (New Residential). As of September 30, 2021, and December 31, 2020, total assets of consolidated VIEs were $3.1 billion and $2.7 billion, respectively, and total liabilities of consolidated VIEs were $2.4 billion and $2.1 billion, respectively. See Note 13 for further details.