Company: RITM-PC
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001556593-25-000024
Chunk: 189

Company: Rithm Capital Corp.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 189
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Three Months Ended June 30,Six Months Ended June 30,2025202420252024Real estate and other securities$4,532 $(1,838)$12,986 $1,068 Residential mortgage loans and REO8,281 22,623 10,825 26,149 Derivative and hedging instruments(8,226)4,899 (18,041)6,220 Notes and bonds payable(4,135)(2,857)713 (2,631)Consolidated CFEs(A)26,614 33,385 43,056 49,797 Other(B)(4,325)3,005 (27,941)(975)Realized and unrealized gains, net22,741 59,217 21,598 79,628 Other income, net18,478 26,393 27,551 42,177 Total Other Income, Net$41,219 $85,610 $49,149 $121,805 (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 June 30,Six Months Ended June 30,2025202420252024Management fees$66,177 $59,859 $125,163 $116,989 Incentive income28,831 49,574 57,517 63,395 Total Asset Management Revenues$95,008 $109,433 $182,680 $180,384 

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

The following table presents the composition of the Company’s income and fees receivable primarily through Sculptor:June 30, 2025December 31, 2024Management fees receivable$46,181 $25,337 Incentive income receivable28,476 183,335 Total Income and Fees Receivable$74,657 $208,672 The Company recognizes management fees over the period in which