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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash Flows From Operating Activities    
Net income $ 41,798us-gaap_ProfitLoss $ 56,865us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Change in fair value of investments in excess mortgage servicing rights 1,761nrz_InvestmentsInExcessMortgageServicingRightsChangeInFairValue (6,602)nrz_InvestmentsInExcessMortgageServicingRightsChangeInFairValue
Change in fair value of investments in excess mortgage servicer rights, equity method investees (4,921)nrz_InvestmentsInExcessMortgageServicingRightsChangeInFairValueEquityMethodInvestees (6,374)nrz_InvestmentsInExcessMortgageServicingRightsChangeInFairValueEquityMethodInvestees
Change in fair value of investments in servicer advances 7,669nrz_InvestmentsInServicerAdvancesChangeInFairValue 0nrz_InvestmentsInServicerAdvancesChangeInFairValue
Earnings from consumer loan equity method investees 0nrz_IncomeLossFromInvestmentsInConsumerLoansEquityMethodInvestees (16,360)nrz_IncomeLossFromInvestmentsInConsumerLoansEquityMethodInvestees
Change in fair value of investments in derivative assets 7,030us-gaap_GainLossOnDerivativeInstrumentsNetPretax (1,357)us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Accretion and other amortization (61,345)us-gaap_DepreciationAmortizationAndAccretionNet (56,650)us-gaap_DepreciationAmortizationAndAccretionNet
(Gain) / loss on settlement of investments (net) (17,701)nrz_GainLossOnSettlementOfInvestmentExcludingGainLossOnExtinguishmentOfDebt (4,357)nrz_GainLossOnSettlementOfInvestmentExcludingGainLossOnExtinguishmentOfDebt
(Gain) / loss on transfer of loans to REO 544nrz_GainLossonTransferofLoanstoRealEstateOwned 0nrz_GainLossonTransferofLoanstoRealEstateOwned
Loss on extinguishment of debt 2,934us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt
(Gain) / loss on mortgage servicing rights recapture agreement (730)nrz_GainLossonMortgageServicingRightsRecaptureAgreement 0nrz_GainLossonMortgageServicingRightsRecaptureAgreement
Other-than-temporary impairment (“OTTI”) 1,071us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 328us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
Valuation provision on loans and real estate owned 977us-gaap_ProvisionForLoanLeaseAndOtherLosses 164us-gaap_ProvisionForLoanLeaseAndOtherLosses
Unrealized loss on other ABS 290us-gaap_UnrealizedGainLossOnSecurities 0us-gaap_UnrealizedGainLossOnSecurities
Non-cash directors’ compensation 0us-gaap_AllocatedShareBasedCompensationExpense 78us-gaap_AllocatedShareBasedCompensationExpense
Deferred income tax expense (3,007)nrz_DeferredIncomeTaxExpenseBenefitNet 0nrz_DeferredIncomeTaxExpenseBenefitNet
Changes in:    
Restricted cash 1,093us-gaap_IncreaseDecreaseInRestrictedCash (1,269)us-gaap_IncreaseDecreaseInRestrictedCash
Other assets (1,849)us-gaap_IncreaseDecreaseInOtherOperatingAssets 5,531us-gaap_IncreaseDecreaseInOtherOperatingAssets
Due to affiliates (50,959)us-gaap_IncreaseDecreaseInDueToAffiliates (11,172)us-gaap_IncreaseDecreaseInDueToAffiliates
Accrued expenses and other liabilities 618us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities 1,179us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
Other operating cash flows:    
Interest received from excess mortgage servicing rights 12,692nrz_InterestReceivedFromMortgageServicingRights 13,816nrz_InterestReceivedFromMortgageServicingRights
Interest received from servicer advance investments 23,168nrz_ProceedsReceivedFromInterestFromServicerAdvanceInvestments 16,304nrz_ProceedsReceivedFromInterestFromServicerAdvanceInvestments
Interest received from Non-Agency RMBS 8,050us-gaap_InterestIncomeSecuritiesMortgageBacked 0us-gaap_InterestIncomeSecuritiesMortgageBacked
Net cash provided by (used in) operating activities (18,591)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 2,064us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash Flows From Investing Activities    
Acquisition of investments in excess mortgage servicing rights (23,831)us-gaap_PaymentsToAcquireMortgageServicingRightsMSR (19,132)us-gaap_PaymentsToAcquireMortgageServicingRightsMSR
Purchase of servicer advance investments (1,765,294)nrz_PaymentstoAcquireServiceAdvanceInvestments (2,205,070)nrz_PaymentstoAcquireServiceAdvanceInvestments
Purchase of Agency RMBS (1,026,525)nrz_PaymentsToAcquireAvailableForSaleSecuritiesAgencyRMBS (37,922)nrz_PaymentsToAcquireAvailableForSaleSecuritiesAgencyRMBS
Purchase of Non-Agency RMBS (26,649)nrz_PaymentsToAcquireAvailableForSaleSecuritiesNonAgencyRMBS (1,038,721)nrz_PaymentsToAcquireAvailableForSaleSecuritiesNonAgencyRMBS
Purchase of residential mortgage loans (19,032)nrz_PaymentsToAcquireResidentialMortgageLoans 0nrz_PaymentsToAcquireResidentialMortgageLoans
Purchase of derivative assets 0us-gaap_PaymentsForDerivativeInstrumentInvestingActivities (71,923)us-gaap_PaymentsForDerivativeInstrumentInvestingActivities
Payments for settlement of derivatives (25,007)nrz_PaymentFromDerivativeInstrumentLossOnSettlementInvestingActivities 0nrz_PaymentFromDerivativeInstrumentLossOnSettlementInvestingActivities
Return of investments in excess mortgage servicing rights 17,122nrz_ReturnOfInvestmentsInExcessMortgageServicingRights 8,121nrz_ReturnOfInvestmentsInExcessMortgageServicingRights
Principal repayments from servicer advance investments 1,802,188nrz_PrincipalRepaymentsFromServicerAdvanceInvestments 1,442,648nrz_PrincipalRepaymentsFromServicerAdvanceInvestments
Principal repayments from Agency RMBS 46,967nrz_ProceedsFromMaturitiesPrepaymentsAndCallsofAvailableForSaleSecuritiesAgencyRMBS 75,470nrz_ProceedsFromMaturitiesPrepaymentsAndCallsofAvailableForSaleSecuritiesAgencyRMBS
Principal repayments from Non-Agency RMBS 14,952nrz_ProceedsFromMaturitiesRepaymentsNonAgencyRMBS 13,890nrz_ProceedsFromMaturitiesRepaymentsNonAgencyRMBS
Principal repayments from non-performing loans 0nrz_ProceedsFromPrincipalRepaymentsOnNonPerformingLoans 1,900nrz_ProceedsFromPrincipalRepaymentsOnNonPerformingLoans
Principal repayments from residential mortgage loans, held-for-investment 9,022us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment 0us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
Proceeds from sale of residential mortgage loans 627,719nrz_ProceedsFromSaleOfMortgageLoans 0nrz_ProceedsFromSaleOfMortgageLoans
Proceeds from sale of Agency RMBS 1,060,569nrz_ProceedsFromSaleOfAvailableForSaleSecuritiesAgencyRMBS 162,897nrz_ProceedsFromSaleOfAvailableForSaleSecuritiesAgencyRMBS
Proceeds from sale of Non-Agency RMBS 389,719nrz_ProceedsFromSaleOfAvailableForSaleSecuritiesNonAgencyRMBS 258,449nrz_ProceedsFromSaleOfAvailableForSaleSecuritiesNonAgencyRMBS
Proceeds from settlement of derivatives 2,417nrz_ProceedsFromDerivativeInstrumentGainOnSettlementInvestingActivities 0nrz_ProceedsFromDerivativeInstrumentGainOnSettlementInvestingActivities
Proceeds from sale of real estate owned 34,930us-gaap_ProceedsFromSaleOfOtherRealEstate 0us-gaap_ProceedsFromSaleOfOtherRealEstate
Net cash provided by (used in) investing activities 1,119,469us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (1,400,500)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash Flows From Financing Activities    
Repayments of repurchase agreements (2,016,777)us-gaap_RepaymentsOfDebt (1,080,197)us-gaap_RepaymentsOfDebt
Margin deposits under repurchase agreements and derivatives (123,289)nrz_MarginDepositsUnderRepurchaseAgreements (43,270)nrz_MarginDepositsUnderRepurchaseAgreements
Repayments of notes payable (396,125)us-gaap_RepaymentsOfNotesPayable (3,117,213)us-gaap_RepaymentsOfNotesPayable
Payment of deferred financing fees (666)us-gaap_PaymentsForFees (5,660)us-gaap_PaymentsForFees
Common stock dividends paid (53,745)us-gaap_PaymentsOfDividends (63,297)us-gaap_PaymentsOfDividends
Borrowings 1,121,121us-gaap_ProceedsFromIssuanceOfDebt 1,618,664us-gaap_ProceedsFromIssuanceOfDebt
Return of margin deposits under repurchase agreements and derivatives 145,378nrz_RepaymentsMarginDeposits 66,899nrz_RepaymentsMarginDeposits
Borrowings under notes payable 482,334us-gaap_ProceedsFromNotesPayable 3,862,782us-gaap_ProceedsFromNotesPayable
Noncontrolling interest in equity of consolidated subsidiaries - contributions 0us-gaap_ProceedsFromMinorityShareholders 142,024us-gaap_ProceedsFromMinorityShareholders
Noncontrolling interest in equity of consolidated subsidiaries - distributions (12,760)us-gaap_PaymentsToMinorityShareholders (113,795)us-gaap_PaymentsToMinorityShareholders
Net cash provided by (used in) financing activities (854,529)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 1,266,937us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net Increase (Decrease) in Cash and Cash Equivalents 246,349us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (131,499)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Cash Equivalents, Beginning of Period 212,985us-gaap_CashAndCashEquivalentsAtCarryingValue 271,994us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and Cash Equivalents, End of Period 459,334us-gaap_CashAndCashEquivalentsAtCarryingValue 140,495us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Disclosure of Cash Flow Information    
Cash paid during the period for interest 32,880us-gaap_InterestPaid 35,194us-gaap_InterestPaid
Cash paid during the period for income taxes 305us-gaap_IncomeTaxesPaid 0us-gaap_IncomeTaxesPaid
Supplemental Schedule of Non-Cash Investing and Financing Activities    
Dividends payable 53,745us-gaap_DividendsPayableCurrentAndNoncurrent 44,312us-gaap_DividendsPayableCurrentAndNoncurrent
Application of ASU No. 2014-11 non-cash activity from investing to financing 2,310us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification  
Purchase of Non-Agency RMBS settled after quarter end 196,000us-gaap_NoncashOrPartNoncashAcquisitionInvestmentsAcquired1 0us-gaap_NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
Excess MSRs Investees [Member]    
Other operating cash flows:    
Distributions of earnings from excess mortgage servicing rights, equity method investees 12,226us-gaap_EquityMethodInvestmentDividendsOrDistributions
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= nrz_ExcessMortgageServicingRightsInvesteesMember
11,940us-gaap_EquityMethodInvestmentDividendsOrDistributions
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= nrz_ExcessMortgageServicingRightsInvesteesMember
Cash Flows From Investing Activities    
Return of investments in excess mortgage servicing rights, equity method investees 202us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= nrz_ExcessMortgageServicingRightsInvesteesMember
8,893us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= nrz_ExcessMortgageServicingRightsInvesteesMember
Accounting Standards Update 2014-11 [Member]    
Supplemental Schedule of Non-Cash Investing and Financing Activities    
Application of ASU No. 2014-11 non-cash activity from investing to financing $ 85,955us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
/ us-gaap_AdjustmentsForNewAccountingPronouncementsAxis
= nrz_AccountingStandardsUpdate201411Member
$ 0us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
/ us-gaap_AdjustmentsForNewAccountingPronouncementsAxis
= nrz_AccountingStandardsUpdate201411Member