Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 372

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 372
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 relate to interests held by employees in real estate and energy funds managed by the Company adjusted for their capital activity and allocated earnings in such funds. Such employees’ portion of carried interest is expensed and recorded within compensation and benefits on the consolidated statements of operations and therefore excluded in the calculation of noncontrolling interests.

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

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

Other revenues consists of the following:Year Ended December 31,202420232022Property and maintenance$121,293 $133,424 $132,432 Rental76,561 73,216 54,567 Other29,618 29,527 43,906 Total Other Revenues$227,472 $236,167 $230,905 General and Administrative expenses consists of the following:Year Ended December 31,202420232022Legal and professional$104,459 $103,795 $78,837 Loan origination51,313 45,123 108,149 Occupancy61,305 50,367 82,791 Subservicing70,580 130,346 162,972 Loan servicing41,958 17,901 13,474 Property and maintenance122,581 97,582 93,689 Depreciation and amortization124,131 80,681 89,501 Information technology129,710 107,347 114,748 Other162,447 127,960 151,901 Total General and Administrative Expenses$868,484 $761,102 $896,062  Other Income (Loss)The following table summarizes the components of other income (loss):Year Ended December 31,202420232022Real estate and other securities$(81,064)$39,362 $(1,499,418)Residential mortgage loans and REO34,065 19,861 (160,985)Derivative and hedging instruments(206,150)(54,342)1,468,931 Notes and bonds payable(7,407)(12,843)45,792 Consolidated CFEs(A)97,340 17,780 20,122 Other