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FAIR VALUE OF FINANCIAL INSTRUMENTS - RECURRING BASIS (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Dec. 31, 2011
Assets:      
Real estate securities, available-for-sale $ 1,861,200 [1],[2],[3] $ 289,756  
Investments in excess mortgage servicing rights 307,568 [1] 245,036 43,971
Investments in equity method investees at fair value 358,032 [1]    
Recurring Basis | Fair Value, Inputs, Level 2
     
Assets:      
Real estate securities, available-for-sale 1,279,450     
Investments in excess mortgage servicing rights        
Investments in equity method investees at fair value       
[AssetsFairValueDisclosure] 1,279,450    
Liabilities:      
Repurchase agreements   150,922  
Recurring Basis | Level 3 Inputs
     
Assets:      
Real estate securities, available-for-sale 581,750 289,756  
Investments in excess mortgage servicing rights 307,568 245,036  
Investments in equity method investees at fair value 358,032     
[AssetsFairValueDisclosure] 1,247,350    
Liabilities:      
Repurchase agreements       
Recurring Basis | Principal Balance or Notional Amount
     
Assets:      
Real estate securities, available-for-sale 2,054,797 433,510 [4]  
Investments in excess mortgage servicing rights 72,315,805 [5] 76,560,751  
Investments in equity method investees at fair value 169,856,996 [5]    
[AssetsFairValueDisclosure] 244,227,598    
Liabilities:      
Repurchase agreements   150,922  
Recurring Basis | Carrying Value
     
Assets:      
Real estate securities, available-for-sale 1,861,200 289,756  
Investments in excess mortgage servicing rights 307,568 245,036  
Investments in equity method investees at fair value 358,032    
[AssetsFairValueDisclosure] 2,526,800    
Liabilities:      
Repurchase agreements   150,922  
Recurring Basis | Fair Value
     
Assets:      
Real estate securities, available-for-sale 1,861,200 289,756  
Investments in excess mortgage servicing rights 307,568 245,036  
Investments in equity method investees at fair value 358,032    
[AssetsFairValueDisclosure] 2,526,800    
Liabilities:      
Repurchase agreements   $ 150,922  
[1] Represents our historical consolidated balance sheet at September 30, 2013.
[2] Fair value, which is equal to carrying value for all securities. See Note 9 regarding the estimation of fair value.
[3] The total outstanding face amount was $16.4 million for fixed rate securities and $2.0 billion for floating rate securities.
[4] 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.
[5] The notional amount represents the total unpaid principal balance of the mortgage loans underlying the Excess MSRs. New Residential does not receive an excess mortgage servicing amount on nonperforming loans in Agency portfolios.