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SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL INFORMATION - Schedule of Quarterly Unaudited Summary Information (Details) (USD $)
0 Months Ended 1 Months Ended 3 Months Ended 4 Months Ended 12 Months Ended
Dec. 18, 2014
Sep. 18, 2014
Jun. 17, 2014
Mar. 19, 2014
Dec. 17, 2013
Sep. 18, 2013
Jun. 03, 2013
Jan. 31, 2014
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
May 15, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]                                        
Interest income                 $ 85,124,000us-gaap_InterestAndDividendIncomeOperating $ 97,587,000us-gaap_InterestAndDividendIncomeOperating $ 92,656,000us-gaap_InterestAndDividendIncomeOperating $ 71,490,000us-gaap_InterestAndDividendIncomeOperating $ 26,492,000us-gaap_InterestAndDividendIncomeOperating $ 21,885,000us-gaap_InterestAndDividendIncomeOperating $ 22,999,000us-gaap_InterestAndDividendIncomeOperating $ 16,191,000us-gaap_InterestAndDividendIncomeOperating   $ 346,857,000us-gaap_InterestAndDividendIncomeOperating $ 87,567,000us-gaap_InterestAndDividendIncomeOperating $ 33,759,000us-gaap_InterestAndDividendIncomeOperating
Interest expense                 31,892,000us-gaap_InterestExpense 33,307,000us-gaap_InterestExpense 36,512,000us-gaap_InterestExpense 38,997,000us-gaap_InterestExpense 8,031,000us-gaap_InterestExpense 3,443,000us-gaap_InterestExpense 2,651,000us-gaap_InterestExpense 899,000us-gaap_InterestExpense   140,708,000us-gaap_InterestExpense 15,024,000us-gaap_InterestExpense 704,000us-gaap_InterestExpense
Net Interest Income                 53,232,000us-gaap_InterestIncomeExpenseNet 64,280,000us-gaap_InterestIncomeExpenseNet 56,144,000us-gaap_InterestIncomeExpenseNet 32,493,000us-gaap_InterestIncomeExpenseNet 18,461,000us-gaap_InterestIncomeExpenseNet 18,442,000us-gaap_InterestIncomeExpenseNet 20,348,000us-gaap_InterestIncomeExpenseNet 15,292,000us-gaap_InterestIncomeExpenseNet   206,149,000us-gaap_InterestIncomeExpenseNet 72,543,000us-gaap_InterestIncomeExpenseNet 33,055,000us-gaap_InterestIncomeExpenseNet
Impairment                                        
Other-than-temporary impairment (OTTI) on securities               1,000,000us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 448,000us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 615,000us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 328,000us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 1,237,000us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 3,756,000us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities   1,391,000us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 4,993,000us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
Valuation provision on loans and real estate owned                 8,300,000us-gaap_ProvisionForLoanLeaseAndOtherLosses 1,134,000us-gaap_ProvisionForLoanLeaseAndOtherLosses 293,000us-gaap_ProvisionForLoanLeaseAndOtherLosses 164,000us-gaap_ProvisionForLoanLeaseAndOtherLosses 461,000us-gaap_ProvisionForLoanLeaseAndOtherLosses 0us-gaap_ProvisionForLoanLeaseAndOtherLosses 0us-gaap_ProvisionForLoanLeaseAndOtherLosses 0us-gaap_ProvisionForLoanLeaseAndOtherLosses   9,891,000us-gaap_ProvisionForLoanLeaseAndOtherLosses 461,000us-gaap_ProvisionForLoanLeaseAndOtherLosses 0us-gaap_ProvisionForLoanLeaseAndOtherLosses
Total Impairment Charges                 8,748,000nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans 1,134,000nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans 908,000nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans 492,000nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans 1,698,000nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans 0nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans 3,756,000nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans 0nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans   11,282,000nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans 5,454,000nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans 0nrz_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans
Net interest income after impairment                 44,484,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 63,146,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 55,236,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 32,001,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 16,763,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 18,442,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 16,592,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 15,292,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss   194,867,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 67,089,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 33,055,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Other income                 40,085,000us-gaap_NonoperatingGainsLosses [1] 122,064,000us-gaap_NonoperatingGainsLosses [1] 177,889,000us-gaap_NonoperatingGainsLosses [1] 35,050,000us-gaap_NonoperatingGainsLosses [1] 83,804,000us-gaap_NonoperatingGainsLosses [1] 56,195,000us-gaap_NonoperatingGainsLosses [1] 98,182,000us-gaap_NonoperatingGainsLosses [1] 2,827,000us-gaap_NonoperatingGainsLosses [1]   375,088,000us-gaap_NonoperatingGainsLosses [1] 241,008,000us-gaap_NonoperatingGainsLosses [1] 17,423,000us-gaap_NonoperatingGainsLosses
Operating expenses                 40,167,000us-gaap_OperatingExpenses 25,311,000us-gaap_OperatingExpenses 29,522,000us-gaap_OperatingExpenses 9,899,000us-gaap_OperatingExpenses 20,386,000us-gaap_OperatingExpenses 11,492,000us-gaap_OperatingExpenses 5,552,000us-gaap_OperatingExpenses 5,044,000us-gaap_OperatingExpenses   104,899,000us-gaap_OperatingExpenses 42,474,000us-gaap_OperatingExpenses 9,231,000us-gaap_OperatingExpenses
Income (Loss) Before Income Taxes                 44,402,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 159,899,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 203,603,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 57,152,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 80,181,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 63,145,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 109,222,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 13,075,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest   465,056,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 265,623,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 41,247,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense                 (6,526,000)us-gaap_IncomeTaxExpenseBenefit 7,801,000us-gaap_IncomeTaxExpenseBenefit 21,395,000us-gaap_IncomeTaxExpenseBenefit 287,000us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit 22,957,000us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit
Net Income (Loss)                 50,928,000us-gaap_ProfitLoss 152,098,000us-gaap_ProfitLoss 182,208,000us-gaap_ProfitLoss 56,865,000us-gaap_ProfitLoss 80,181,000us-gaap_ProfitLoss 63,145,000us-gaap_ProfitLoss 109,222,000us-gaap_ProfitLoss 13,075,000us-gaap_ProfitLoss   442,099,000us-gaap_ProfitLoss 265,623,000us-gaap_ProfitLoss 41,247,000us-gaap_ProfitLoss
Noncontrolling Interests in Income (Loss) of Consolidated Subsidiaries                 (3,302,000)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 25,726,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 58,705,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 8,093,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (326,000)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest   89,222,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (326,000)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net Income (Loss) Attributable to Common Stockholders                 $ 54,230,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 126,372,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 123,503,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 48,772,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 80,507,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 63,145,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 109,222,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 13,075,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic   $ 352,877,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 265,949,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 41,247,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Net Income Per Share of Common Stock                                        
Basic (in dollars per share)                 $ 0.38us-gaap_EarningsPerShareBasic $ 0.89us-gaap_EarningsPerShareBasic $ 0.91us-gaap_EarningsPerShareBasic $ 0.39us-gaap_EarningsPerShareBasic $ 0.64us-gaap_EarningsPerShareBasic $ 0.50us-gaap_EarningsPerShareBasic $ 0.86us-gaap_EarningsPerShareBasic $ 0.10us-gaap_EarningsPerShareBasic   $ 2.59us-gaap_EarningsPerShareBasic $ 2.10us-gaap_EarningsPerShareBasic $ 0.33us-gaap_EarningsPerShareBasic
Diluted (in dollars per share)                 $ 0.38us-gaap_EarningsPerShareDiluted $ 0.88us-gaap_EarningsPerShareDiluted $ 0.88us-gaap_EarningsPerShareDiluted $ 0.38us-gaap_EarningsPerShareDiluted $ 0.62us-gaap_EarningsPerShareDiluted $ 0.49us-gaap_EarningsPerShareDiluted $ 0.85us-gaap_EarningsPerShareDiluted $ 0.10us-gaap_EarningsPerShareDiluted   $ 2.53us-gaap_EarningsPerShareDiluted $ 2.07us-gaap_EarningsPerShareDiluted $ 0.33us-gaap_EarningsPerShareDiluted
Weighted Average Number of Shares of Common Stock Outstanding                                        
Basic (in shares)                 141,395,307us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 141,211,580us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 136,465,454us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 126,604,510us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 126,593,203us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 126,536,394us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 126,512,823us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 126,512,823us-gaap_WeightedAverageNumberOfSharesOutstandingBasic   136,472,865us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 126,539,024us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 126,512,823us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares)                 144,294,088us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 144,166,601us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 139,668,128us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 129,919,967us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 129,898,247us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 129,944,643us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 128,329,744us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 126,512,823us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding   139,565,709us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 128,684,128us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 126,512,823us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends Declared per Share of Common Stock (in dollars per share) $ 0.38us-gaap_CommonStockDividendsPerShareDeclared $ 0.35us-gaap_CommonStockDividendsPerShareDeclared $ 0.5us-gaap_CommonStockDividendsPerShareDeclared $ 0.35us-gaap_CommonStockDividendsPerShareDeclared $ 0.5us-gaap_CommonStockDividendsPerShareDeclared $ 0.35us-gaap_CommonStockDividendsPerShareDeclared $ 0.14us-gaap_CommonStockDividendsPerShareDeclared   $ 0.38us-gaap_CommonStockDividendsPerShareDeclared $ 0.35us-gaap_CommonStockDividendsPerShareDeclared $ 0.5us-gaap_CommonStockDividendsPerShareDeclared $ 0.35us-gaap_CommonStockDividendsPerShareDeclared $ 0.5us-gaap_CommonStockDividendsPerShareDeclared $ 0.35us-gaap_CommonStockDividendsPerShareDeclared $ 0.14us-gaap_CommonStockDividendsPerShareDeclared $ 0us-gaap_CommonStockDividendsPerShareDeclared   $ 1.58us-gaap_CommonStockDividendsPerShareDeclared $ 0.99us-gaap_CommonStockDividendsPerShareDeclared $ 0us-gaap_CommonStockDividendsPerShareDeclared
[1] Earnings from investments in equity method investees is included in other income.