INVESTMENTS IN SERVICER ADVANCES - Schedule of Interest Income Related to Investments in Servicer Advances - Others' Interests (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Servicer Advance Joint Venture [Member]
Investment [Line Items]
Advance Purchaser LLC equity		$ 395,717		$ 395,717		$ 457,545
Ownership interest		44.50%		44.50%
Net income in joint venture		$ 13,036	$ 46,834	$ 40,258	$ 166,227
Others [Member]
Investment [Line Items]
Advance Purchaser LLC equity		$ 219,538		$ 219,538		$ 253,836
Ownership interest		55.50%		55.50%		55.50%
Net income in joint venture	[1]	$ 7,230	$ 25,726	$ 22,332	$ 92,524
Others' ownership interest as a percent of total	[2]	55.50%	54.90%	55.50%	55.70%

[1] Excludes HLSS shareholders’ interests in the net income (loss) of HLSS of $0.0 million, $0.0 million, $5.1 million, and $0.0 million during these periods, respectively.

[2] As a result, New Residential owned 44.5% and 45.1% of the Buyer, on average during the three months ended September 30, 2015 and 2014, respectively, and 44.5% and 44.3% of the Buyer, on average during the nine months ended September 30, 2015 and 2014, respectively.