INVESTMENTS IN SERVICER ADVANCES - Schedule of Interest Income Related to Investments in Servicer Advances - Others' Interests (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014		Dec. 31, 2014
Servicer Advance Joint Venture [Member]
Investment [Line Items]
New Residential’s investment	$ 445,041				$ 457,545
Others’ ownership interest	44.50%
Net income in joint venture	10,496		13,511
Others [Member]
Investment [Line Items]
New Residential’s investment	246,899				253,836
Others’ ownership interest	55.50%				55.50%
Net income in joint venture	$ 5,823		$ 8,093
Others' ownership interest as a percent of total	55.50%	[1]	59.90%	[1]

[1] As a result, New Residential owned 44.5% and 40.1% of the Buyer, on average during the three months ended March 31, 2015 and 2014, respectively.