INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS AT FAIR VALUE (Details Narrative) (USD $) In Thousands, unless otherwise specified			0 Months Ended		0 Months Ended		0 Months Ended	1 Months Ended		0 Months Ended		0 Months Ended			0 Months Ended			3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Dec. 13, 2011 MSRs Pool 1 [Member]	Mar. 31, 2014 MSRs Pool 1 [Member]	Jun. 05, 2012 MSRs Pool 2 [Member]	Mar. 31, 2014 MSRs Pool 2 [Member]	Jun. 29, 2012 MSR Pools 3, 4 and 5 [Member]	Sep. 30, 2013 MSRs Pool 5 [Member]	Mar. 31, 2014 MSRs Pool 5 [Member]	May 20, 2013 MSRs Pool 11 [Member]	Mar. 31, 2014 MSRs Pool 11 [Member]	Sep. 23, 2013 MSRs Pool 12 [Member]	Mar. 31, 2014 MSRs Pool 12 [Member]		Jan. 17, 2014 MSRs Pool 17 [Member]	Mar. 31, 2014 MSRs Pool 17 [Member]		Dec. 31, 2013 MSRs Pool 18 [Member]	Mar. 31, 2014 MSRs Pool 18 [Member]
Percentage of Investment co-owned by Nationstar			35.00%		35.00%		35.00%			33.30%		20.00%			33.30%				20.00%
Percentage of Investment owned by New Residential			65.00%	65.00%	65.00%	65.00%	65.00%		80.00%	66.70%	66.70%	40.00%	40.00%	[1]	33.30%	33.30%	[1]		40.00%	[1]
Amount invested			$ 43,700		$ 42,300		$ 176,500	$ 26,600		$ 2,400		$ 17,400			$ 19,100			$ 17,000
Percentage of loans in private label securitizations portfolio							75.00%
Conforming loans in GSE pools of portfolio (percent)							25.00%
Repurchase agreements	2,143,094	1,620,711
Additional percentage of investment purchased by New Residential								15.00%
Percentage of Investment owned by Fortress-managed (affiliated funds)												40.00%			33.30%				40.00%
Unpaid principal balance of underlying loans				$ 6,626,389		$ 7,689,490			$ 35,823,960		$ 444,667		$ 4,998,929	[1]	$ 8,100,000	$ 8,096,439	[1]		$ 8,463,426	[1]

[1] Pool in which New Residential also invested in related servicer advances, including the basic fee component of the related MSR as of March 31, 2014 (Note 6).