Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 297

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 297
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,323 $1,838,935 $1,837,513 $(1,422)90+55,234 49,273 (5,961)41,869 41,806 (63)Total$2,172,713 $2,178,075 $5,362 $1,880,804 $1,879,319 $(1,485)

See Note 18 regarding the financing of residential transition loans. 

11. CASH, CASH EQUIVALENTS AND RESTRICTED CASH

Rithm Capital considers all highly liquid short-term investments with maturities of 90 days or less when purchased to be cash equivalents. Substantially all amounts on deposit with major financial institutions exceed insured limits.Restricted cash consists of cash collateral pledges related to secured financing and securitizations.

157

RITHM CAPITAL CORP. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(dollars in tables in thousands, except share data)

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported on Rithm Capital’s consolidated balance sheets to the total of the same amounts shown in the consolidated statements of cash flows:December 31,20242023Cash and cash equivalents$1,458,743 $1,287,199 Restricted cash308,443 378,048 Restricted cash of consolidated CFEs (A)150,623 31,848 Total Cash and Cash Equivalents and Restricted Cash$1,917,809 $1,697,095 (A)    Presented within investments, at fair value and other assets on the consolidated balance sheets.The following table summarizes restricted cash balances by reporting segment:December 31,20242023Investment Portfolio(A)$66,419 $44,981 Origination and Servicing207,724 300,941 Residential Transitional Lending(A)40,727 37,805 Asset Management(A)144,196 26,169 Total Restricted Cash$459,066 $409,896 (A)    Included restricted cash related to consolidated CFEs presented within investments, at fair value and other assets on the consolidated balance sheets.

158

RITHM CAPITAL CORP. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(dollars in tables in thousands, except share data)

12. OTHER AS