DEBT OBLIGATIONS - Schedule of Debt Obligations (Details) (USD $)	12 Months Ended
	Dec. 31, 2014		Dec. 31, 2013
Debt Instrument [Line Items]
Outstanding Face Amount	$ 6,062,299,000	[1]
Carrying Value	6,062,299,000	[1]	4,109,329,000
Weighted Average Funding Cost	2.08%	[1]
Weighted Average Life (Years)	10 months 28 days		3 years 8 months 12 days	[2]
Servicer Advances [Member]
Debt Instrument [Line Items]
Carrying Value	2,890,230,000	[3]
Repurchase Agreements [Member] | Agency RMBS [Member]
Debt Instrument [Line Items]
Outstanding Face Amount	1,707,602,000	[1],[4],[5]
Carrying Value	1,707,602,000	[1],[4],[5]	1,332,954,000	[4],[5]
Weighted Average Funding Cost	0.35%	[1],[4],[5]
Weighted Average Life (Years)	1 month 5 days	[1],[4],[5]
Repurchase Agreements [Member] | Agency RMBS [Member] | Collateral [Member]
Debt Instrument [Line Items]
Weighted Average Life (Years)	4 years 11 months 19 days	[1],[4],[5]
Outstanding Face Amount of Collateral	1,646,361,000	[1],[4],[5]
Amortized Cost Basis of Collateral	1,724,329,000	[1],[4],[5]
Carrying Value of Collateral	1,740,163,000	[1],[4],[5]
Repurchase Agreements [Member] | Non-Agency RMBS [Member]
Debt Instrument [Line Items]
Outstanding Face Amount	539,049,000	[1],[5],[6]
Carrying Value	539,049,000	[1],[5],[6]	287,757,000	[5],[6]
Weighted Average Funding Cost	1.52%	[1],[5],[6]
Weighted Average Life (Years)	1 month 3 days	[1],[5],[6]
Repurchase Agreements [Member] | Non-Agency RMBS [Member] | Collateral [Member]
Debt Instrument [Line Items]
Weighted Average Life (Years)	6 years 3 months 15 days	[1],[5],[6]
Outstanding Face Amount of Collateral	1,798,586,000	[1],[5],[6]
Amortized Cost Basis of Collateral	690,507,000	[1],[5],[6]
Carrying Value of Collateral	702,572,000	[1],[5],[6]
Repurchase Agreements [Member] | Residential Mortgage [Member]
Debt Instrument [Line Items]
Outstanding Face Amount	867,334,000	[1],[5],[7]
Carrying Value	867,334,000	[1],[5],[7]	0	[5],[7]
Weighted Average Funding Cost	2.56%	[1],[5],[7]
Weighted Average Life (Years)	1 year 2 months 15 days	[1],[5],[7]
Repurchase Agreements [Member] | Residential Mortgage [Member] | Collateral [Member]
Debt Instrument [Line Items]
Weighted Average Life (Years)	3 years 11 months 29 days	[1],[5],[7]
Outstanding Face Amount of Collateral	1,388,615,000	[1],[5],[7]
Amortized Cost Basis of Collateral	1,145,122,000	[1],[5],[7]
Carrying Value of Collateral	1,145,122,000	[1],[5],[7]
Repurchase Agreements [Member] | Real Estate Owned [Member]
Debt Instrument [Line Items]
Outstanding Face Amount	35,105,000	[1],[5],[8]
Carrying Value	35,105,000	[1],[5],[8]	0	[5],[8]
Weighted Average Funding Cost	2.84%	[1],[5],[8]
Weighted Average Life (Years)	8 months 22 days	[1],[5],[8]
Repurchase Agreements [Member] | Real Estate Owned [Member] | Collateral [Member]
Debt Instrument [Line Items]
Carrying Value of Collateral	54,124,000	[1],[5],[8]
Repurchase Agreements [Member] | Total Repurchase Agreements [Member]
Debt Instrument [Line Items]
Outstanding Face Amount	3,149,090,000	[1],[5]
Carrying Value	3,149,090,000	[1],[5]	1,620,711,000	[5]
Weighted Average Funding Cost	1.19%	[1],[5]
Weighted Average Life (Years)	4 months 27 days	[1],[5]
Notes Payable [Member] | Residential Mortgage [Member]
Debt Instrument [Line Items]
Outstanding Face Amount	22,194,000	[1],[9]
Carrying Value	22,194,000	[1],[9]	22,840,000	[9]
Weighted Average Funding Cost	3.33%	[1],[9]
Weighted Average Life (Years)	9 months 17 days	[1],[9]
Notes Payable [Member] | Residential Mortgage [Member] | Collateral [Member]
Debt Instrument [Line Items]
Weighted Average Life (Years)	3 years 10 months 26 days	[1],[9]
Outstanding Face Amount of Collateral	45,182,000	[1],[9]
Amortized Cost Basis of Collateral	26,483,000	[1],[9]
Carrying Value of Collateral	24,965,000	[1],[9]
Notes Payable [Member] | Real Estate Owned [Member]
Debt Instrument [Line Items]
Outstanding Face Amount	785,000	[1],[9]
Carrying Value	785,000	[1],[9]	0	[9]
Weighted Average Funding Cost	3.33%	[1],[9]
Weighted Average Life (Years)	9 months 17 days	[1],[9]
Notes Payable [Member] | Real Estate Owned [Member] | Collateral [Member]
Debt Instrument [Line Items]
Carrying Value of Collateral	883,000	[1],[9]
Notes Payable [Member] | Secured Corporate Loan [Member]
Debt Instrument [Line Items]
Carrying Value			75,000,000
Notes Payable [Member] | Servicer Advances [Member]
Debt Instrument [Line Items]
Outstanding Face Amount	2,890,230,000	[1],[10]
Carrying Value	2,890,230,000	[1],[10]	2,390,778,000	[10]
Weighted Average Funding Cost	3.04%	[1],[10]
Weighted Average Life (Years)	1 year 5 months 16 days	[1],[10]
Notes Payable [Member] | Servicer Advances [Member] | Collateral [Member]
Debt Instrument [Line Items]
Weighted Average Life (Years)	4 years 6 days	[1],[10]
Outstanding Face Amount of Collateral	3,102,492,000	[1],[10]
Amortized Cost Basis of Collateral	3,186,622,000	[1],[10]
Carrying Value of Collateral	3,270,839,000	[1],[10]
Notes Payable [Member] | Total Notes Payable [Member]
Debt Instrument [Line Items]
Outstanding Face Amount	2,913,209,000	[1]
Carrying Value	$ 2,913,209,000	[1]	$ 2,488,618,000
Weighted Average Funding Cost	3.04%	[1]
Weighted Average Life (Years)	1 year 5 months 14 days	[1]

[1] Excludes debt related to linked transactions (Note 10).

[2] The weighted average life is based on the expected timing of the receipt of cash flows.

[3] New Residential’s unused borrowing capacity is available if New Residential has additional eligible collateral to pledge and meets other borrowing conditions as set forth in the applicable agreements, including any applicable advance rate. New Residential pays a 0.2% fee on the unused borrowing capacity.

[4] The counterparties of these repurchase agreements are Bank of America N.A. ($407.3 million), Daiwa ($347.8 million), Jefferies ($341.0 million), Mizuho ($293.6 million), Barclays ($240.8 million), and Morgan Stanley ($77.2 million) and were subject to customary margin call provisions. All of the Agency RMBS repurchase agreements have a fixed rate.

[5] These repurchase agreements had approximately $2.4 million of associated accrued interest payable as of December 31, 2014.

[6] The counterparties of these repurchase agreements are Credit Suisse ($134.5 million), UBS ($165.6 million), Bank of America N.A. ($105.1 million), Goldman Sachs ($72.1 million), Royal Bank of Canada ($55.7 million), and Barclays ($6.0 million) and were subject to customary margin call provisions. All of the Non-Agency RMBS repurchase agreements have LIBOR-based floating interest rates.

[7] The counterparties on these repurchase agreements are Credit Suisse ($345.7 million maturing in November 2015), Nomura ($299.5 million maturing in May 2016), Bank of America N.A. ($198.5 million maturing in August 2016), Citibank ($19.4 million maturing in May 2015) and Royal Bank of Scotland ($4.2 million). All of these repurchase agreements have LIBOR-based floating interest rates.

[8] The counterparties of these repurchase agreements are Royal Bank of Scotland ($17.1 million), Nomura ($13.7 million), Bank of America, N.A. ($2.6 million) and Credit Suisse ($1.7 million). All of these repurchase agreements have LIBOR-based floating interest rates.

[9] The note is payable to Nationstar and bears interest equal to one-month LIBOR plus 2.875%.

[10] $1.1 billion face amount of the notes have a fixed rate while the remaining notes bear interest equal to the sum of (i) a floating rate index rate equal to one-month LIBOR or a cost of funds rate, as applicable, and (ii) a margin ranging from 1.5% to 2.1%.