Company: RITM-PC
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001556593-25-000024
Chunk: 188

Company: Rithm Capital Corp.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 188
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IE; therefore, it is not the primary beneficiary and does not consolidate the VIE. The following table summarizes the carrying value of the Company’s membership interest, which reflects the Company’s maximum exposure to loss. This equity investment is presented within other assets on the consolidated balance sheets:June 30, 2025December 31, 2024Membership interest in unconsolidated VIEs$194,315 $194,410 

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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)

21. EXPENSES, REALIZED AND UNREALIZED GAINS (LOSSES), NET AND OTHER

Other revenues consists of the following:Three Months Ended June 30,Six Months Ended June 30,2025202420252024Property and maintenance$27,439 $29,955 $53,175 $62,335 Rental19,492 18,920 38,894 37,869 Other7,135 7,625 12,770 14,644 Total Other Revenues$54,066 $56,500 $104,839 $114,848 General and Administrative expenses consists of the following:Three Months Ended June 30,Six Months Ended June 30,2025202420252024Legal and professional$24,394 $26,941 $49,032 $48,430 Loan origination17,161 17,498 31,838 32,933 Occupancy16,348 15,251 30,802 31,197 Subservicing12,342 17,690 29,098 37,118 Loan servicing40,737 3,502 82,255 9,093 Property and maintenance28,921 29,955 56,557 62,219 Depreciation and amortization23,794 32,857 48,362 64,809 Information technology31,239 33,944 62,547 63,332 Other44,639 36,836 86,630 70,395 Total General and Administrative Expenses$239,575 $214,474 $477,121 $419,526  Other Income (Loss)The following table summarizes the components of other income (loss):