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FAIR VALUE OF FINANCIAL INSTRUMENTS - RECURRING BASIS (Details) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Dec. 31, 2011
Assets:      
Real estate securities, available-for-sale $ 1,759,239 [1],[2] $ 289,756  
Investments in excess mortgage servicing rights 271,420 245,036 43,971
Investments in equity method investees at fair value 183,153    
Recurring Basis | Level 2 Inputs
     
Assets:      
Real estate securities, available-for-sale 1,129,786     
Investments in excess mortgage servicing rights    [3]    [3]  
Investments in equity method investees at fair value    [3]    
[AssetsFairValueDisclosure] 1,129,786    
Liabilities:      
Repurchase agreements   150,922  
Recurring Basis | Level 3 Inputs
     
Assets:      
Real estate securities, available-for-sale 629,453 289,756  
Investments in excess mortgage servicing rights 271,420 [3] 245,036 [3]  
Investments in equity method investees at fair value 183,153 [3]     
[AssetsFairValueDisclosure] 1,084,026    
Liabilities:      
Repurchase agreements       
Recurring Basis | Principal Balance or Notional Amount
     
Assets:      
Real estate securities, available-for-sale 1,987,853 433,510  
Investments in excess mortgage servicing rights 69,914,531 [3] 76,560,751 [3]  
Investments in equity method investees at fair value 83,864,810 [3]    
[AssetsFairValueDisclosure] 155,767,194    
Liabilities:      
Repurchase agreements   150,922  
Recurring Basis | Carrying Value
     
Assets:      
Real estate securities, available-for-sale 1,759,239 289,756  
Investments in excess mortgage servicing rights 271,420 [3] 245,036 [3]  
Investments in equity method investees at fair value 183,153 [3]    
[AssetsFairValueDisclosure] 2,213,812    
Liabilities:      
Repurchase agreements   150,922  
Recurring Basis | Fair Value
     
Assets:      
Real estate securities, available-for-sale 1,759,239 289,756  
Investments in excess mortgage servicing rights 271,420 [3] 245,036 [3]  
Investments in equity method investees at fair value 183,153 [3]    
[AssetsFairValueDisclosure] 2,213,812    
Liabilities:      
Repurchase agreements   $ 150,922  
[1] (A) Fair value, which is equal to carrying value for all securities. See Note 9 regarding the estimation of fair value.
[2] (G) The total outstanding face amount was $ 18.4 million for fixed rate securities and $ 1.97 billion for floating rate securities.
[3] (A) The notional amount represents the total unpaid principal balance of the mortgage loans underlying the Excess MSRs. Generally, New Residential does not receive an excess mortgage servicing amount on nonperforming loans.