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ORGANIZATION AND BASIS OF PRESENTATION - Narrative (Details)
1 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended
Oct. 23, 2015
USD ($)
Apr. 06, 2015
USD ($)
$ / shares
$ / right
shares
Oct. 17, 2014
shares
Oct. 31, 2014
Sep. 30, 2015
USD ($)
$ / shares
shares
Sep. 30, 2014
USD ($)
Sep. 30, 2015
USD ($)
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Sep. 30, 2014
USD ($)
Apr. 08, 2015
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
$ / shares
shares
Related Party Transaction [Line Items]                        
Common stock, shares outstanding (in shares) | shares     141,400,000   230,458,866   230,458,866 230,458,866       141,434,905
Reverse stock split     0.5 0.5                
Common stock, par value (in dollars per share) | $ / shares         $ 0.01   $ 0.01 $ 0.01       $ 0.01
Amount retained         $ 165,039,000   $ 165,039,000 $ 165,039,000       $ 29,418,000
Contingent cash consideration               50,000,000 $ 0      
HLSS Seller Financing               133,300,000        
Compensation expense               300,000 328,000      
Debt issuance costs [1]         0   0 0       0
Interest income         104,783,000 $ 64,280,000   251,483,000 152,917,000      
Income before income taxes         55,823,000 $ 159,899,000   187,777,000 420,654,000      
Servicer advances, at fair value         7,499,775,000   7,499,775,000 7,499,775,000       $ 3,270,839,000
HLSS [Member]                        
Related Party Transaction [Line Items]                        
Interest income             184,300,000          
Income before income taxes             69,400,000          
HLSS [Member]                        
Related Party Transaction [Line Items]                        
Purchase price   $ 1,000,000,000                    
Shares issued (in shares) | shares   28,286,980                    
Common stock, par value (in dollars per share) | $ / shares   $ 0.01                    
Exercisable rights, per right amount in cash (in dollars per share) | $ / right   0.704059                    
Contingent cash consideration [2]   $ 50,000,000                    
Fair value of stock issued [3]   434,092,000                    
Cash consideration   621,982,000                    
HLSS Seller Financing [4]   385,174,000                    
Goodwill   0                    
Debt issuance costs   27,000,000                    
Acquisition related costs incurred               $ 26,100,000        
HLSS [Member] | Minimum [Member]                        
Related Party Transaction [Line Items]                        
Contingent cash consideration   0                    
HLSS [Member] | Ocwen [Member]                        
Related Party Transaction [Line Items]                        
Unpaid Principal Balance                     $ 156,400,000,000  
Servicer basic fee, percent                     12.00%  
Servicing fee basis points                     2.75%  
Fee arrangement, term               8 years        
Servicer advances, at fair value   $ 5,600,000,000                    
Contractual term   8 years                    
Contract extension notification period, prior to end of term   6 months                    
Outstanding loan balance fee, percent   0.50%                    
Professional and contract services fee, additional markup percent   15.00%                    
HLSS [Member] | Ocwen [Member] | Other Income [Member]                        
Related Party Transaction [Line Items]                        
Purchase agreement contract clause accrual         8,500,000   8,500,000 $ 8,500,000        
HLSS [Member] | Ocwen [Member] | Minimum [Member]                        
Related Party Transaction [Line Items]                        
Contractual term   6 years                    
HLSS [Member] | Retention Bonus Payments [Member]                        
Related Party Transaction [Line Items]                        
Compensation expense               3,000,000        
HLSS [Member] | Employee Severance Payments [Member]                        
Related Party Transaction [Line Items]                        
Compensation expense               2,800,000        
HLSS [Member] | Subsequent Event [Member]                        
Related Party Transaction [Line Items]                        
Contingent cash consideration $ 50,000,000                      
HLSS [Member] | HLSS [Member]                        
Related Party Transaction [Line Items]                        
Common stock, par value (in dollars per share) | $ / shares   $ 0.01                    
Amount retained         $ 45,100,000   $ 45,100,000 $ 45,100,000   $ 50,000,000    
Exercisable rights, per right amount in cash (in dollars per share) | $ / right   0.704059                    
Percentage of HLSS's issued and outstanding shares   10.00%                    
Cash Flow Reclassification, Investing To Operating [Member] | Restatement Adjustment [Member]                        
Related Party Transaction [Line Items]                        
Gross cash inflows                 249,700,000      
Gross cash outflows                 $ 737,200,000      
Fortress [Member]                        
Related Party Transaction [Line Items]                        
Common stock, shares outstanding (in shares) | shares         2,400,000   2,400,000 2,400,000        
Stock options outstanding (in shares) | shares         10,900,000   10,900,000 10,900,000        
[1] Deferred financing costs were reclassified as an offset to the related debt obligation in June 2015 pursuant to ASU No. 2015-03 (Note 1).
[2] New Merger PaymentThe New Merger Agreement, and the $50.0 million consideration related thereto, is included as a part of the business combination in conjunction with the Share and Asset Purchase Agreement. The range of outcomes for this contingent consideration was from $0.0 million to $50.0 million, dependent on whether the New Merger was approved by HLSS shareholders and other factors.
[3] Share Issuance ConsiderationThe share issuance consideration consists of 28.3 million newly issued shares of New Residential common stock with a par value $0.01 per share. The fair value of the common stock at the date of the acquisition was $15.3460 per share, which was New Residential’s volume weighted average share price on April 6, 2015.
[4] HLSS Seller FinancingNew Residential agreed to deliver $1.0 billion of cash purchase price, including a promise to pay an amount of $385.2 million immediately after closing from the proceeds of financing that was committed in anticipation of the HLSS Acquisition and is collateralized by certain of the HLSS assets acquired.