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RECENT ACTIVITIES (Details Narrative) (USD $)
In Thousands, unless otherwise specified
0 Months Ended 9 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 9 Months Ended 10 Months Ended 12 Months Ended 0 Months Ended 9 Months Ended
Apr. 02, 2013
Integer
Jan. 04, 2013
Sep. 30, 2013
Oct. 31, 2013
Dec. 31, 2012
Apr. 02, 2013
Springleaf Finance, Inc.
Feb. 27, 2013
Reverse Mortgage Loans
Dec. 31, 2012
Reverse Mortgage Loans
Sep. 30, 2013
Excess Mortgage Servicing Rights Investees
Nov. 07, 2013
MSRs
Jan. 06, 2013
MSRs
Dec. 31, 2012
MSRs
Nov. 30, 2012
MSRs
Nov. 07, 2013
MSRs
Excess Mortgage Servicing Rights Investees
Nov. 07, 2013
MSRs
Excess Mortgage Servicing Rights Investees
GSE Residential Loans
Nov. 07, 2013
MSRs
Excess Mortgage Servicing Rights Investees
PLS Residential Loans
Nov. 07, 2013
MSRs Pool 10
Sep. 30, 2013
MSRs Pool 10
Excess Mortgage Servicing Rights Investees
Sep. 30, 2013
MSRs
Dec. 31, 2012
MSRs
Nov. 30, 2012
MSRs
Dec. 31, 2011
MSRs
Sep. 30, 2013
MSRs
Excess Mortgage Servicing Rights Investees
Nov. 07, 2013
Alpine Securitization Corp.
Oct. 30, 2013
Alpine Securitization Corp.
Sep. 30, 2013
Alpine Securitization Corp.
Apr. 02, 2013
Affilate of Blackstone Tactical Opportunities Advisors LLC
Nov. 07, 2013
Non-Agency RMBS
Sep. 30, 2013
Non-Agency RMBS
Oct. 31, 2013
Non-Agency RMBS
Dec. 31, 2012
Non-Agency RMBS
Jun. 27, 2013
Agency RMBS
Apr. 02, 2013
Agency RMBS
Sep. 30, 2013
Agency RMBS
Face amount of securities purchased                                                       $ 194,300 $ 661,200 $ 391,700 $ 193,800 $ 22,700   $ 413,200
Purchase of real estate securities     (292,980)                                                 126,600   242,800 121,300 1,200   437,300
Face amount of securities sold                                                       52,500 153,500          
Carrying value of securities sold                                                       31,500            
Proceeds from sale of real estate securities     123,130                                                 38,100 123,100          
Gain on sale of real estate securities                                                       6,600 11,300          
Repurchase agreements                                                 414,200 342,900                
Default provision, percentage equity decline - 12 months                                               50.00%                    
Default provision, percentage equity decline - 3 months                                               35.00%                    
Indebtedness to tangible net worth provision ratio                                               400.00%                    
Variable basis for interest rate                                               LIBOR                    
Spread on variable basis interest rate                                               1.75%                    
Unpaid principal balance of underlying loans 4,200,000             83,000   9,600,000   58,000,000 215,000,000   13,100,000 10,500,000   59,784,115 72,315,805 76,560,751 13,000,000 9,705,512 169,856,996                      
Amount contributed to acquire joint venture   27,300 285,200                                                              
Percentage ownership acquired in joint venture 30.00% 50.00%             50.00%   50.00%     33.30%       50.00%                                
Percentage of Investment co-owned by Nationstar   33.00%         30.00%       33.00%     33.30%                                        
Percentage of Investment owned by New Residential   67.00%         70.00%       67.00%     33.30%                                        
Amount invested                   3,400               13,900                                
Loans in private label securitizations portfolio (percent)                     53.00%                                              
Amount committed to invest in joint venture                     340,000     32,300   23,300   4,100                                
Amount committed to invest in Excess MSRs                                 700                                  
Unpaid principal balance of underlying mortgage                                 1,300,000 10,100,000                                
Amount commited to be invested in non-performing loans       106,600                                                            
Face amount of non-performing loans committed to buy       197,300                                                            
Repurchase agreements         158,000                                                       1,000,000  
Residential mortgage loans, held-for-investment     33,060 [1]       35,000                                                      
Number of loans in portfolio 400,000                                                                  
Percentage of portfolio co-invested by other parties 70.00%         47.00%                                         23.00%              
Acquisitions of investments in consumer loan equity method investees 250,000                                                                  
Purchase price of portfolio financed by asset-backed notes 2,200,000                                                                  
Purchase price of portfolio 3,000,000                                                                  
Agency RMBS contributed from Newcastle, face amount     $ 1,000,000                                                           $ 1,000,000  
[1] Represents our historical consolidated balance sheet at September 30, 2013.