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FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of Carrying Values and Fair Values of Financial Assets Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Investments in:    
Real estate securities, available-for-sale $ 2,428,729 $ 2,463,163
Non-hedge derivatives 1,318 32,597
Restricted cash 165,039 29,418
Liabilities:    
Repurchase agreements 3,773,880 3,149,090
Notes payable 7,245,200 2,908,763
Derivative liabilities 29,364 $ 14,220
Recurring Basis [Member]    
Investments in:    
Excess mortgage servicing rights, at fair value [1] 322,753,832  
Excess mortgage servicing rights, equity method investees, at fair value [1] 76,072,734  
Servicer advances 7,644,435  
Real estate securities, available-for-sale 3,787,204  
Residential mortgage loans, held-for-investment 59,485  
Residential mortgage loans, held-for-sale 782,852  
Non-hedge derivatives 2,560,000  
Cash and cash equivalents 348,312  
Restricted cash 165,039  
Liabilities:    
Repurchase agreements 3,774,653  
Notes payable 7,264,070  
Derivative liabilities 4,444,000  
Recurring Basis [Member] | Level 1 [Member]    
Investments in:    
Excess mortgage servicing rights, at fair value [1] 0  
Excess mortgage servicing rights, equity method investees, at fair value [1] 0  
Servicer advances 0  
Real estate securities, available-for-sale 0  
Residential mortgage loans, held-for-investment 0  
Residential mortgage loans, held-for-sale 0  
Non-hedge derivatives 0  
Cash and cash equivalents 348,312  
Restricted cash 165,039  
Assets, fair value 513,351  
Liabilities:    
Repurchase agreements 0  
Notes payable 0  
Derivative liabilities 0  
Liabilities, fair value 0  
Recurring Basis [Member] | Level 2 [Member]    
Investments in:    
Excess mortgage servicing rights, at fair value [1] 0  
Excess mortgage servicing rights, equity method investees, at fair value [1] 0  
Servicer advances 0  
Real estate securities, available-for-sale 1,249,285  
Residential mortgage loans, held-for-investment 0  
Residential mortgage loans, held-for-sale 0  
Non-hedge derivatives 1,318  
Cash and cash equivalents 0  
Restricted cash 0  
Assets, fair value 1,250,603  
Liabilities:    
Repurchase agreements 3,774,653  
Notes payable 0  
Derivative liabilities 29,364  
Liabilities, fair value 3,804,017  
Recurring Basis [Member] | Level 3 [Member]    
Investments in:    
Excess mortgage servicing rights, at fair value [1] 1,459,690  
Excess mortgage servicing rights, equity method investees, at fair value [1] 213,318  
Servicer advances 7,499,775  
Real estate securities, available-for-sale 1,179,444  
Residential mortgage loans, held-for-investment 41,965  
Residential mortgage loans, held-for-sale 718,104  
Non-hedge derivatives 0  
Cash and cash equivalents 0  
Restricted cash 0  
Assets, fair value 11,112,296  
Liabilities:    
Repurchase agreements 0  
Notes payable 7,265,725  
Derivative liabilities 0  
Liabilities, fair value 7,265,725  
Recurring Basis [Member] | Carrying Value [Member]    
Investments in:    
Excess mortgage servicing rights, at fair value [1] 1,459,690  
Excess mortgage servicing rights, equity method investees, at fair value [1] 213,318  
Servicer advances 7,499,775  
Real estate securities, available-for-sale 2,428,729  
Residential mortgage loans, held-for-investment 40,813  
Residential mortgage loans, held-for-sale 713,917  
Non-hedge derivatives 1,318  
Cash and cash equivalents 348,312  
Restricted cash 165,039  
Assets, fair value 12,870,911  
Liabilities:    
Repurchase agreements 3,773,880  
Derivative liabilities 29,364  
Liabilities, fair value 11,048,444  
Recurring Basis [Member] | Fair Value [Member]    
Investments in:    
Excess mortgage servicing rights, at fair value 1,459,690  
Excess mortgage servicing rights, equity method investees, at fair value 213,318  
Servicer advances 7,499,775  
Real estate securities, available-for-sale 2,428,729  
Residential mortgage loans, held-for-investment 41,965  
Residential mortgage loans, held-for-sale 718,104  
Non-hedge derivatives 1,318  
Cash and cash equivalents 348,312  
Restricted cash 165,039  
Assets, fair value 12,876,250  
Liabilities:    
Repurchase agreements 3,774,653  
Notes payable 7,265,725  
Derivative liabilities 29,364  
Liabilities, fair value $ 11,069,742  
[1] The notional amount represents the total unpaid principal balance of the mortgage loans underlying the Excess MSRs. New Residential does not receive an excess mortgage servicing amount on non-performing loans in Agency portfolios.