INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Real Estate Securities in an Unrealized Loss Position (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount	$ 3,542,511
Other Than Temporary Impairment - Amortized Cost Basis	1,127		2,071		0
Amortized Cost Basis	2,434,844
Carrying Value - Total	2,463,163
Weighted Average Yield			10.30%
Weighted Average Life (Years)	10 months 28 days		3 years 8 months 12 days	[1]
Securities in an Unrealized Loss Position Less than Twelve Months [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount	1,223,482
Before Impairment - Amortized Cost Basis	372,024
Other Than Temporary Impairment - Amortized Cost Basis	(448)	[2]
Amortized Cost Basis	371,576
Gross Unrealized Losses - Less than Twelve Months	(3,889)
Carrying Value - Less than Twelve Months	367,687
Number of Securities - Less than Twelve Months	71
Weighted Average Rating	BBB	[3]
Weighted Average Coupon	2.49%
Weighted Average Yield	2.54%
Weighted Average Life (Years)	5 years 5 months 8 days
Securities in an Unrealized Loss Position Greater than Twelve Months [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount	135,012
Before Impairment - Amortized Cost Basis	145,401
Other Than Temporary Impairment - Amortized Cost Basis	0	[2]
Amortized Cost Basis	145,401
Gross Unrealized Losses - Twelve or More Months	(1,691)
Carrying Value - Twelve or More Months	143,710
Number of Securities - Twelve or More Months	17
Weighted Average Rating	AAA	[3]
Weighted Average Coupon	2.88%
Weighted Average Yield	1.69%
Weighted Average Life (Years)	4 years 5 months 19 days
Securities in a Loss Position [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount	1,358,494
Before Impairment - Amortized Cost Basis	517,425
Other Than Temporary Impairment - Amortized Cost Basis	(448)	[2]
Amortized Cost Basis	516,977
Gross Unrealized Losses - Total	(5,580)
Carrying Value - Total	$ 511,397
Number of Securities - Total	88
Weighted Average Rating	A-	[3]
Weighted Average Coupon	2.53%
Weighted Average Yield	2.45%
Weighted Average Life (Years)	5 years 4 months 4 days

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

[2] This amount represents other-than-temporary impairment recorded on securities that are in an unrealized loss position as of December 31, 2014.

[3] The weighted average rating of securities in an unrealized loss position for less than twelve months excludes the rating of five bonds for which New Residential was unable to obtain rating information.