Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 105

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 105
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 STATEMENTS (UNAUDITED)(dollars in tables in thousands, except share and per share data)

 Other Income (Loss)The following table summarizes the components of other income (loss):Three Months Ended March 31,20252024Real estate and other securities$114,526 $(102,963)Residential mortgage loans and REO2,544 3,526 Derivative and hedging instruments92,650 41,932 Notes and bonds payable4,848 226 Consolidated CFEs(A)16,442 16,412 Other(B)(23,615)(3,979)Realized and unrealized gains (losses), net207,395 (44,846)Other income (loss), net9,073 15,784 Total Other Income (Loss), Net$216,468 $(29,062)(A)Includes change in the fair value of the consolidated CFEs’ financial assets and liabilities and related interest and other income.(B)Includes Excess MSRs, servicer advance investments, consumer loans, residential transition loans and other.

22. ASSET MANAGEMENT REVENUES

The following table presents the composition of asset management revenues:Three Months Ended March 31,20252024Management fees$58,986 $57,130 Incentive income28,686 13,821 Total Asset Management Revenues$87,672 $70,951 The following table presents the composition of the Company’s income and fees receivable primarily through Sculptor:March 31, 2025December 31, 2024Management fees receivable$33,569 $25,337 Incentive income receivable30,895 183,335 Total Income and Fees Receivable$64,464 $208,672 The Company recognizes management fees over the period in which the performance obligation is satisfied, and such management fees are generally recognized at the end of each reporting period. The Company records incentive income when it is probable that a significant reversal of income will not occur. The majority of management fees and incentive income receivable at each balance sheet date is generally collected during the following quarter.The following table presents the Company’s unearned income and fees primarily through Sculptor:March 31, 2025December 31, 2024Unearned management fees$852 $12 Unearned incentive income14,477 17,268 Total Unearned Income and Fees$15,329