Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING (Tables)

v2.4.0.8
SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 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
   
Consumer Loans
   
Corporate
   
Total
 
Three Months Ended June 30, 2013
                             
Interest income
  $ 10,745     $ 12,216     $     $ 38     $ 22,999  
Interest expense
          2,651                   2,651  
Net interest income
    10,745       9,565             38       20,348  
Impairment
          3,756                   3,756  
Other income
    61,960       58       36,164             98,182  
Operating expenses
    34       152             5,366       5,552  
Net income (loss)
  $ 72,671     $ 5,715     $ 36,164     $ (5,328 )   $ 109,222  

   
Excess MSRs
   
Real Estate Securities and Loans
   
Consumer Loans
   
Corporate
   
Total
 
Six Months Ended June 30, 2013
                             
Interest income
  $ 20,780     $ 18,372     $     $ 38     $ 39,190  
Interest expense
          3,550                   3,550  
Net interest income
    20,780       14,822             38       35,640  
Impairment
          3,756                   3,756  
Other income
    64,787       58       36,164             101,009  
Operating expenses
    96       152       1,951       8,397       10,596  
Net income (loss)
  $ 85,471     $ 10,972     $ 34,213     $ (8,359 )   $ 122,297  
 
   
Excess MSRs
   
Real Estate Securities and Loans
   
Consumer Loans
   
Corporate
   
Total
 
June 30, 2013
                             
Investments
  $ 454,573     $ 1,792,875     $ 280,816     $     $ 2,528,264  
Cash and cash equivalents
                      209,699       209,699  
Other assets
          4,379             100       4,479  
Total assets
    454,573       1,797,254       280,816       209,799       2,742,442  
Debt
          (1,474,338 )                 (1,474,338 )
Other liabilities
    (67 )     (1,734 )           (20,578 )     (22,379 )
Total liabilities
    (67 )     (1,476,072 )           (20,578 )     (1,496,717 )
GAAP book value
  $ 454,506     $ 321,182     $ 280,816     $ 189,221     $ 1,245,725  
                                         
Investments in equity method investees
  $ 183,153     $     $ 280,816     $     $ 463,969  
 
   
Excess MSRs
   
Real Estate Securities and Loans
   
Consumer Loans
   
Corporate
   
Total
 
Three Months Ended June 30, 2012
                             
Interest income
  $ 4,479     $     $     $     $ 4,479  
Interest expense
                             
Net interest income
    4,479                         4,479  
Other income
    3,523                         3,523  
Operating expenses
    761                   767       1,528  
Net income (loss)
  $ 7,241     $     $     $ (767 )   $ 6,474  

   
Excess MSRs
   
Real Estate Securities and Loans
   
Consumer Loans
   
Corporate
   
Total
 
Six Months Ended June 30, 2012
                             
Interest income
  $ 6,516     $     $     $     $ 6,516  
Interest expense
                             
Net interest income
    6,516                         6,516  
Other income
    4,739                         4,739  
Operating expenses
    1,147                   946       2,093  
Net income (loss)
  $ 10,108     $     $     $ (946 )   $ 9,162