INVESTMENTS IN CONSUMER LOANS, EQUITY METHOD INVESTEES - Summary of the Investment in Consumer Loan Companies (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	Apr. 30, 2013
Schedule of Equity Method Investments [Line Items]
New Residential’s investment	$ 0		$ 0		$ 0
Consumer Loan Investees [Member]
Schedule of Equity Method Investments [Line Items]
Consumer loan assets (amortized cost basis)	1,786,179		1,786,179		2,088,330
Other assets	75,165		75,165		92,051
Debt	(2,024,015)		(2,024,015)		(2,411,421)
Other liabilities	(6,077)		(6,077)		(12,340)
Equity	(168,748)		(168,748)		(243,380)
New Residential’s investment	$ 0		$ 0		$ 0
New Residential’s ownership	30.00%	30.00%	30.00%	30.00%	30.00%	30.00%
Interest income	$ 111,399	$ 129,551	$ 349,539	$ 407,995
Interest expense	(21,282)	(17,685)	(66,577)	(57,986)
Provision for finance receivable losses	(15,277)	(20,494)	(52,632)	(82,313)
Other expenses, net	(14,100)	(17,925)	(44,862)	(57,656)
Change in fair value of debt	0	1,522	0	(14,810)
Net income	60,740	74,969	185,468	195,230
New Residential’s equity in net income (through October 3, 2014)	$ 0	$ 22,490	$ 0	$ 60,185