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FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of Inputs Used in Valuing Residential Mortgage Loans (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Mortgage Loans on Real Estate [Line Items]                      
Valuation Provision/ (Reversal) In Current Year $ 8,300us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 1,134us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 293us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 164us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 461us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 0us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 0us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 0us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 9,891us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 461us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 0us-gaap_ProvisionForLoanLeaseAndOtherLosses
Weighted Average Life (Years)                 10 months 28 days 3 years 8 months 12 days [1]  
Prepayment Rate                 12.20%us-gaap_FairValueInputsPrepaymentRate [2],[3]    
CDR                 6.30%us-gaap_FairValueInputsProbabilityOfDefault [3],[4]    
Reverse Mortgage Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Weighted Average Life (Years)                 3 years 10 months 26 days [1],[5],[6] 3 years 8 months 12 days [1],[5]  
Performing Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Weighted Average Life (Years)                 5 years 10 months 24 days [1],[7]    
Purchased Credit Impaired Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Carrying Value 737,954us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		       0us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		       737,954us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		 0us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		  
Nonrecurring [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Discount Rate                 5.60%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		    
Weighted Average Life (Years)                 2 years 10 months 14 days [1]    
Prepayment Rate                 3.00%us-gaap_FairValueInputsPrepaymentRate
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		    
Loss Severity(C)                 31.50%us-gaap_FairValueInputsLossSeverity
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [8]    
Nonrecurring [Member] | Performing Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Discount Rate                 4.60%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		    
Weighted Average Life (Years)                 7 years 5 months 26 days [1]    
Prepayment Rate                 4.20%us-gaap_FairValueInputsPrepaymentRate
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		    
CDR                 4.20%us-gaap_FairValueInputsProbabilityOfDefault
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		 [9]    
Loss Severity(C)                 40.20%us-gaap_FairValueInputsLossSeverity
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		 [8]    
Nonrecurring [Member] | Purchased Credit Impaired Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Discount Rate                 5.70%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		    
Weighted Average Life (Years)                 2 years 6 months 28 days [1]    
Prepayment Rate                 2.90%us-gaap_FairValueInputsPrepaymentRate
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		    
Loss Severity(C)                 30.90%us-gaap_FairValueInputsLossSeverity
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		 [8]    
Nonrecurring [Member] | Fair Value [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Fair Value 610,123us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		               610,123us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		    
Nonrecurring [Member] | Fair Value [Member] | Performing Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Fair Value 36,613us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		               36,613us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		    
Nonrecurring [Member] | Fair Value [Member] | Purchased Credit Impaired Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Fair Value 573,510us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		               573,510us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		    
Residential Mortgage [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Valuation Provision/ (Reversal) In Current Year                 1,057us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember		    
Discount Rate                 5.10%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember		    
Weighted Average Life (Years)                 5 years 7 months 20 days [1]    
Loss Severity(C)                 37.60%us-gaap_FairValueInputsLossSeverity
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember		 [8]    
Residential Mortgage [Member] | Reverse Mortgage Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Valuation Provision/ (Reversal) In Current Year                 1,057us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember		 [10]    
Discount Rate                 10.20%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember		 [10]    
Weighted Average Life (Years)                 3 years 10 months 26 days [1],[10]    
Loss Severity(C)                 5.90%us-gaap_FairValueInputsLossSeverity
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember		 [10],[8]    
Residential Mortgage [Member] | Performing Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Discount Rate                 4.60%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		    
Weighted Average Life (Years)                 7 years [1]    
Prepayment Rate                 5.70%us-gaap_FairValueInputsPrepaymentRate
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		    
CDR                 2.20%us-gaap_FairValueInputsProbabilityOfDefault
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		 [11]    
Loss Severity(C)                 44.90%us-gaap_FairValueInputsLossSeverity
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		 [8]    
Residential Mortgage [Member] | Purchased Credit Impaired Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Discount Rate                 5.50%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		    
Weighted Average Life (Years)                 2 years 9 months 18 days [1]    
Prepayment Rate                 2.30%us-gaap_FairValueInputsPrepaymentRate
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		    
Loss Severity(C)                 25.80%us-gaap_FairValueInputsLossSeverity
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		 [8]    
Residential Mortgage [Member] | Carrying Value [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Carrying Value 564,154us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember		 [1]               564,154us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember		 [1]    
Residential Mortgage [Member] | Carrying Value [Member] | Reverse Mortgage Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Carrying Value 24,965us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember		 [1],[10]               24,965us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember		 [1],[10]    
Residential Mortgage [Member] | Carrying Value [Member] | Performing Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Carrying Value 374,745us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		 [1]               374,745us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		 [1]    
Residential Mortgage [Member] | Carrying Value [Member] | Purchased Credit Impaired Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Carrying Value 164,444us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		 [1]               164,444us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		 [1]    
Residential Mortgage [Member] | Fair Value [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Fair Value 577,860us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember		               577,860us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember		    
Residential Mortgage [Member] | Fair Value [Member] | Reverse Mortgage Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Fair Value 24,965us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember		 [10]               24,965us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember		 [10]    
Residential Mortgage [Member] | Fair Value [Member] | Performing Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Fair Value 383,689us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		               383,689us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= us-gaap_PerformingFinancingReceivableMember		    
Residential Mortgage [Member] | Fair Value [Member] | Purchased Credit Impaired Loans [Member]                      
Mortgage Loans on Real Estate [Line Items]                      
Fair Value $ 169,206us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		               $ 169,206us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_ResidentialMortgageMember
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_PurchasedCreditImpairedLoansMember		    
[1] The weighted average life is based on the expected timing of the receipt of cash flows.
[2] Projected annualized weighted average lifetime voluntary and involuntary prepayment rate using a prepayment vector.
[3] Weighted by amortized cost basis of the mortgage loan portfolio.
[4] Projected percentage of mortgage loans in the pool that will miss their mortgage payments.
[5] Represents a 70% interest New Residential holds in reverse mortgage loans. The average loan balance outstanding based on total UPB is $0.3 million and $0.2 million at December 31, 2014 and December 31, 2013, respectively, and 77% and 82% of these loans outstanding at each respective date have reached a termination event. As a result, the borrower can no longer make draws on these loans. Each loan matures upon the occurrence of a termination event.
[6] FICO scores are not used in determining how much a borrower can access via a reverse mortgage loan.
[7] Includes loans that are current or less than 30 days past due at acquisition where New Residential expects to collect all contractually required principal and interest payments. Presented net of unamortized discounts and premiums of $15.2 million.
[8] Loss severity is the expected amount of future realized losses resulting from the ultimate liquidation of a particular loan, expressed as the net amount of loss relative to the outstanding loan balance.
[9] Represents the annualized rate of the involuntary prepayments (defaults) as a percentage of the total principal balance. Not applicable for PCI Loans that are not 100% in default.
[10] Carrying value and fair value represent a 70% interest New Residential holds in the reverse mortgage loans.
[11] Represents the annualized rate of the involuntary prepayments (defaults) as a percentage of the total principal balance.