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EQUITY AND EARNINGS PER SHARE - Narrative (Details) (USD $)
 0 Months Ended 1 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended
Oct. 17, 2014
Apr. 30, 2014
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
May 07, 2014
Aug. 31, 2014
Jan. 01, 2015
Dec. 05, 2014
May 06, 2013
May 14, 2013
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Common stock, shares authorized (in shares)     2,000,000,000us-gaap_CommonStockSharesAuthorized 2,000,000,000us-gaap_CommonStockSharesAuthorized              
Common stock, par value (in dollars per share)     $ 0.01us-gaap_CommonStockParOrStatedValuePerShare $ 0.01us-gaap_CommonStockParOrStatedValuePerShare              
Preferred stock, shares authorized (in shares)     100,000,000us-gaap_PreferredStockSharesAuthorized                
Preferred stock, par value (in dollars per share)     $ 0.01us-gaap_PreferredStockParOrStatedValuePerShare                
Common stock, shares outstanding (in shares) 141,400,000us-gaap_CommonStockSharesOutstanding   141,434,905us-gaap_CommonStockSharesOutstanding 126,598,987us-gaap_CommonStockSharesOutstanding           126,512,823us-gaap_CommonStockSharesOutstanding  
Reverse stock split 0.5us-gaap_StockholdersEquityNoteStockSplitConversionRatio1                    
Common stock outstanding, prior to stock split (in shares) 282,800,000nrz_CommonStockSharesOutstandingPriortoStockSplit                    
Proceeds from issuance of common stock   $ 163,800,000us-gaap_ProceedsFromIssuanceOfCommonStock $ 173,507,000us-gaap_ProceedsFromIssuanceOfCommonStock $ 0us-gaap_ProceedsFromIssuanceOfCommonStock $ 0us-gaap_ProceedsFromIssuanceOfCommonStock            
Reserved shares of common stock for issuance (in shares)     15,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized                
Stock option plan term     10 years                
Yearly increase in number of shares available for options     10.00%nrz_PercentageIncreaseSharesAuthorizedForOption                
Threshold percentage for options that may be issued to the Manager     10.00%nrz_ManagerOptionsPercentageThreshold                
Stock options outstanding (in shares)     10,737,093us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions                
Share price (in dollars per share)     $ 12.77us-gaap_SharePrice                
Dilutive common stock equivalents (in shares)     3,092,844us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount 2,145,104us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount              
Common Stock [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Issuance of common stock (in shares)   13,875,000us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember		                  
Share price (in dollars per share)   $ 12.20us-gaap_SharesIssuedPricePerShare
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember		                  
Executive Officer [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Proceeds from issuance of common stock   6,100,000us-gaap_ProceedsFromIssuanceOfCommonStock
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember		                  
Executive Officer [Member] | Common Stock [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Issuance of common stock (in shares)   500,000us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember		                  
FIG LLC [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Options granted to Manager (in shares)   1,437,500nrz_SharebasedGoodsandNonemployeeServicesTransactionOptionsGranted
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		                  
Fair value of options granted to Manager   $ 1,400,000nrz_SharebasedGoodsandNonemployeeServicesTransactionOptionsGrantedFairValue
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		                  
Risk-free interest rate   2.87%us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodRiskFreeInterestRate
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		                  
Dividend yield   12.584%us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedDividendRate
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		                  
Volatility   25.66%us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedVolatilityRate
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		                  
Term   10 years                  
Option exercise (in shares)           107,500nrz_SharebasedGoodsandNonemployeeServicesTransactionOptionsExercised
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		 498,500nrz_SharebasedGoodsandNonemployeeServicesTransactionOptionsExercised
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		        
Exercise price of options exercised (in dollars per share)           $ 5.61nrz_SharebasedGoodsandNonemployeeServicesTransactionOptionsExercisedWeightedAverageExercisePrice
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		 $ 5.62nrz_SharebasedGoodsandNonemployeeServicesTransactionOptionsExercisedWeightedAverageExercisePrice
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		        
FIG LLC [Member] | Common Stock [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Share price (in dollars per share)   $ 12.20us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember		                  
Option exercise (in shares)           107,500us-gaap_StockIssuedDuringPeriodSharesIssuedForServices
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember		 276,037us-gaap_StockIssuedDuringPeriodSharesIssuedForServices
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember		        
Subsequent Event [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Number of additional shares authorized (in shares)               1,437,500us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		      
Former Employee of Manager [Member] | FIG LLC [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Option exercise (in shares)                 42,566nrz_SharebasedGoodsandNonemployeeServicesTransactionOptionsExercised
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_FormerManagerEmployeeMember
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		    
Exercise price of options exercised (in dollars per share)                 $ 7.19nrz_SharebasedGoodsandNonemployeeServicesTransactionOptionsExercisedWeightedAverageExercisePrice
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_FormerManagerEmployeeMember
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember		    
Former Employee of Manager [Member] | FIG LLC [Member] | Common Stock [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Option exercise (in shares)                 42,566us-gaap_StockIssuedDuringPeriodSharesIssuedForServices
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_FormerManagerEmployeeMember
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= nrz_FIGLLCMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember		    
Fortress [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Common stock, shares outstanding (in shares)     2,400,000us-gaap_CommonStockSharesOutstanding
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_FortressInvestmentGroupLLCMember		                
Independent Directors [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Stock options outstanding (in shares)     5,000us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_DirectorMember		 6,000us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_DirectorMember		              
Manager [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Stock options outstanding (in shares)     8,905,974us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ManagementMember		 8,836,444us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ManagementMember		             10,700,000us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ManagementMember
Total Affiliates [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Stock options outstanding (in shares)     10,737,093us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_OtherAffiliatesMember		 10,365,229us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_OtherAffiliatesMember		             10,737,093us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_OtherAffiliatesMember
Equity Option [Member] | Independent Directors [Member]                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Stock options outstanding (in shares)     6,000us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_DirectorMember		                
Options granted to non-employee directors upon joining the board (in shares)     4,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_DirectorMember		                
Newcastle                      
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                      
Spin-off distribution ratio (in shares)                   1nrz_ExchangeRatioSharesSpinoff
/ us-gaap_CounterpartyNameAxis
= nrz_NewcastleInvestmentCorp.Member