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EQUITY AND EARNINGS PER SHARE - Summary of Outstanding Options - Period End (Details) (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Date of grant of exercised options 2013-2014 [1],[2]
Date of grant of expired options 2003-2005 [1]
Stock options outstanding (in shares) 10,572,094us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
Exercised (in shares) (802,492)us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised [2]
Expired unexercised (in shares) (792,553)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
Options Exercisable (in shares) 9,086,678us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
Weighted Average Exercise Price, Exercised (in dollars per share) $ 5.81us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice [2],[3]
Independent Directors [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock options outstanding (in shares) 5,000us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_DirectorMember
Independent Directors [Member] | Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Recipient Directors
Date of Grant Various [1]
Stock options outstanding (in shares) 6,000us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_DirectorMember
Options Exercisable (in shares) 5,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_DirectorMember
Weighted Average Exercise Price (in dollars per share) $ 17.54us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_DirectorMember
[3]
Intrinsic Value $ 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_DirectorMember
2003 - 2007 [Member] | Manager [Member] | Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Recipient Manager [4]
Date of Grant 2003 - 2007 [1],[4]
Stock options outstanding (in shares) 1,226,555us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardDateAxis
= nrz_A20032007Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Options Exercisable (in shares) 434,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardDateAxis
= nrz_A20032007Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Weighted Average Exercise Price (in dollars per share) $ 31.36us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardDateAxis
= nrz_A20032007Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[3],[4]
Intrinsic Value 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardDateAxis
= nrz_A20032007Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
March 2011 [Member] | Manager [Member] | Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Recipient Manager [4]
Date of Grant Mar-11 [1],[4]
Stock options outstanding (in shares) 838,417us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardDateAxis
= nrz_March2011Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Options Exercisable (in shares) 547,583us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardDateAxis
= nrz_March2011Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Weighted Average Exercise Price (in dollars per share) $ 6.58us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardDateAxis
= nrz_March2011Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[3],[4]
Intrinsic Value 4.6us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardDateAxis
= nrz_March2011Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
September 2011 [Member] | Manager [Member] | Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Recipient Manager [4]
Date of Grant Sep-11 [1],[4]
Stock options outstanding (in shares) 1,269,917us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardDateAxis
= nrz_September2011Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Options Exercisable (in shares) 849,916us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardDateAxis
= nrz_September2011Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Weighted Average Exercise Price (in dollars per share) $ 4.98us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardDateAxis
= nrz_September2011Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[3],[4]
Intrinsic Value 8.5us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardDateAxis
= nrz_September2011Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
April 2012 [Member] | Manager [Member] | Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Recipient Manager [4]
Date of Grant Apr-12 [1],[4]
Stock options outstanding (in shares) 948,750us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardDateAxis
= nrz_April2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Options Exercisable (in shares) 920,983us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardDateAxis
= nrz_April2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Weighted Average Exercise Price (in dollars per share) $ 6.82us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardDateAxis
= nrz_April2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[3],[4]
Intrinsic Value 7.6us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardDateAxis
= nrz_April2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
May 2012 [Member] | Manager [Member] | Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Recipient Manager [4]
Date of Grant May-12 [1],[4]
Stock options outstanding (in shares) 1,150,000us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardDateAxis
= nrz_May2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Options Exercisable (in shares) 1,117,333us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardDateAxis
= nrz_May2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Weighted Average Exercise Price (in dollars per share) $ 7.34us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardDateAxis
= nrz_May2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[3],[4]
Intrinsic Value 8.6us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardDateAxis
= nrz_May2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
July 2012 [Member] | Manager [Member] | Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Recipient Manager [4]
Date of Grant Jul-12 [1],[4]
Stock options outstanding (in shares) 1,265,000us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardDateAxis
= nrz_July2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Options Exercisable (in shares) 1,234,783us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardDateAxis
= nrz_July2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Weighted Average Exercise Price (in dollars per share) $ 7.34us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardDateAxis
= nrz_July2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[3],[4]
Intrinsic Value 9.5us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardDateAxis
= nrz_July2012Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
January 2013 [Member] | Manager [Member] | Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Recipient Manager [4]
Date of Grant Jan-13 [1],[4]
Stock options outstanding (in shares) 2,875,000us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardDateAxis
= nrz_January2013Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Options Exercisable (in shares) 2,491,665us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardDateAxis
= nrz_January2013Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Weighted Average Exercise Price (in dollars per share) $ 10.24us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardDateAxis
= nrz_January2013Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[3],[4]
Intrinsic Value 11.9us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardDateAxis
= nrz_January2013Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
February 2013 [Member] | Manager [Member] | Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Recipient Manager [4]
Date of Grant Feb-13 [1],[4]
Stock options outstanding (in shares) 1,150,000us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardDateAxis
= nrz_February2013Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Options Exercisable (in shares) 958,332us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardDateAxis
= nrz_February2013Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Weighted Average Exercise Price (in dollars per share) $ 11.48us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardDateAxis
= nrz_February2013Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[3],[4]
Intrinsic Value 3.4us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardDateAxis
= nrz_February2013Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
April 2014 [Member] | Manager [Member] | Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Recipient Manager [4]
Date of Grant Apr-14 [1],[4]
Stock options outstanding (in shares) 1,437,500us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_AwardDateAxis
= nrz_April2014Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Options Exercisable (in shares) 527,083us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardDateAxis
= nrz_April2014Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
Weighted Average Exercise Price (in dollars per share) $ 12.20us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
/ us-gaap_AwardDateAxis
= nrz_April2014Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[3],[4]
Intrinsic Value $ 1.5us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
/ us-gaap_AwardDateAxis
= nrz_April2014Member
/ us-gaap_AwardTypeAxis
= us-gaap_StockOptionMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= nrz_ManagerMember
[4]
[1] Options expire on the tenth anniversary from date of grant.
[2] Exercised by employees of Fortress, subsequent to their assignment, or by directors. The options exercised had an intrinsic value of $4.5 million.
[3] The strike prices are subject to adjustment in connection with return of capital dividends.
[4] The Manager assigned certain of its options to Fortress’s employees as follows: Date of Grant Range of StrikePrices Total UnexercisedInception to Date2004 - 2007 $29.92 to $33.80 90,5602012 $6.82 to $7.34 600,0002013 $10.24 to $11.48 1,100,4972014 $12.20 258,750Total 2,049,807