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SEGMENT REPORTING - Summary of Segment Financial Data (Details) - USD ($)
3 Months Ended 4 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
May. 15, 2013
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Segment Reporting Information [Line Items]                          
Interest income $ 200,181,000 $ 182,341,000 $ 178,177,000 $ 84,373,000 $ 85,124,000 $ 97,587,000 $ 92,656,000 $ 71,490,000   $ 645,072,000 $ 346,857,000 $ 87,567,000  
Interest expense 80,605,000 77,558,000 81,871,000 33,979,000 31,892,000 33,307,000 36,512,000 38,997,000   274,013,000 140,708,000 15,024,000  
Net interest income (expense) 119,576,000 104,783,000 96,306,000 50,394,000 53,232,000 64,280,000 56,144,000 32,493,000   371,059,000 206,149,000 72,543,000  
Impairment 18,682,000 (1,767,000) 5,421,000 2,048,000 8,748,000 1,134,000 908,000 492,000   24,384,000 11,282,000 5,454,000  
Other income 9,909,000 [1] (17,825,000) [1] 37,650,000 [1] 12,295,000 [1] 40,085,000 [1] 122,064,000 [1] 177,889,000 [1] 35,050,000 [1]   42,029,000 [1] 375,088,000 [1] 241,008,000  
Operating expenses 27,699,000 32,902,000 34,952,000 22,270,000 40,167,000 25,311,000 29,522,000 9,899,000   117,823,000 104,899,000 42,474,000  
Income (Loss) Before Income Taxes 83,104,000 55,823,000 93,583,000 38,371,000 44,402,000 159,899,000 203,603,000 57,152,000   270,881,000 465,056,000 265,623,000  
Income tax expense (benefit) (15,948,000) (5,932,000) 14,306,000 (3,427,000) (6,526,000) 7,801,000 21,395,000 287,000 $ 0 (11,001,000) 22,957,000 0  
Net Income (Loss) 99,052,000 61,755,000 79,277,000 41,798,000 50,928,000 152,098,000 182,208,000 56,865,000   281,882,000 442,099,000 265,623,000  
Noncontrolling interests in income (loss) of consolidated subsidiaries (3,928,000) 7,193,000 4,158,000 5,823,000 (3,302,000) 25,726,000 58,705,000 8,093,000   13,246,000 89,222,000 (326,000)  
Net income (loss) attributable to common stockholders 102,980,000 $ 54,562,000 $ 75,119,000 $ 35,975,000 54,230,000 $ 126,372,000 $ 123,503,000 $ 48,772,000   268,636,000 352,877,000 265,949,000  
Investments 12,884,846,000       7,718,821,000         12,884,846,000 7,718,821,000    
Cash and cash equivalents 249,936,000       212,985,000         249,936,000 212,985,000    
Restricted cash 94,702,000       29,418,000         94,702,000 29,418,000    
Derivative assets 2,689,000       32,597,000         2,689,000 32,597,000    
Other assets 1,960,549,000       95,423,000         1,960,549,000 95,423,000    
Total assets 15,192,722,000       8,089,244,000         15,192,722,000 8,089,244,000    
Debt 11,292,622,000 [2]       6,057,853,000 [2],[3]         11,292,622,000 [2] 6,057,853,000 [2],[3] 4,109,329,000 [3]  
Other liabilities 913,520,000       181,466,000         913,520,000 181,466,000    
Total liabilities 12,206,142,000       6,239,319,000         12,206,142,000 6,239,319,000    
Total Equity 2,986,580,000       1,849,925,000         2,986,580,000 1,849,925,000 1,513,075,000 $ 378,356,000
Noncontrolling interests in equity of consolidated subsidiaries 190,647,000       253,836,000         190,647,000 253,836,000    
Total New Residential stockholders’ equity 2,795,933,000       1,596,089,000         2,795,933,000 1,596,089,000    
Investments in equity method investees 217,221,000       330,876,000         217,221,000 330,876,000    
Operating Segments [Member] | Excess MSRs [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   134,565,000 49,180,000 40,921,000  
Interest expense                   11,625,000 1,294,000 0  
Net interest income (expense)                   122,940,000 47,886,000 40,921,000  
Impairment                   0 0 0  
Other income                   72,802,000 100,052,000 103,675,000  
Operating expenses                   1,101,000 713,000 215,000  
Income (Loss) Before Income Taxes                   194,641,000 147,225,000 144,381,000  
Income tax expense (benefit)                   0 0 0  
Net Income (Loss)                   194,641,000 147,225,000 144,381,000  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   0 0 0  
Net income (loss) attributable to common stockholders                   194,641,000 147,225,000 144,381,000  
Investments 1,798,738,000       748,609,000         1,798,738,000 748,609,000    
Cash and cash equivalents 18,507,000       0         18,507,000 0    
Restricted cash 878,000       0         878,000 0    
Derivative assets 0       0         0 0    
Other assets 34,000       0         34,000 0    
Total assets 1,818,157,000       748,609,000         1,818,157,000 748,609,000    
Debt 182,978,000       0         182,978,000 0    
Other liabilities 2,277,000       215,000         2,277,000 215,000    
Total liabilities 185,255,000       215,000         185,255,000 215,000    
Total Equity 1,632,902,000       748,394,000         1,632,902,000 748,394,000    
Noncontrolling interests in equity of consolidated subsidiaries 0       0         0 0    
Total New Residential stockholders’ equity 1,632,902,000       748,394,000         1,632,902,000 748,394,000    
Investments in equity method investees 217,221,000       330,876,000         217,221,000 330,876,000    
Operating Segments [Member] | Servicer Advances [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   354,616,000 190,206,000 4,421,000  
Interest expense                   216,837,000 110,968,000 3,901,000  
Net interest income (expense)                   137,779,000 79,238,000 520,000  
Impairment                   0 0 0  
Other income                   (53,426,000) 83,828,000 0  
Operating expenses                   14,316,000 2,183,000 2,077,000  
Income (Loss) Before Income Taxes                   70,037,000 160,883,000 (1,557,000)  
Income tax expense (benefit)                   (8,127,000) 20,806,000 0  
Net Income (Loss)                   78,164,000 140,077,000 (1,557,000)  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   18,407,000 89,222,000 (326,000)  
Net income (loss) attributable to common stockholders                   59,757,000 50,855,000 (1,231,000)  
Investments 7,857,841,000       3,270,839,000         7,857,841,000 3,270,839,000    
Cash and cash equivalents 95,686,000       59,383,000         95,686,000 59,383,000    
Restricted cash 93,824,000       29,418,000         93,824,000 29,418,000    
Derivative assets 2,689,000       194,000         2,689,000 194,000    
Other assets 198,962,000       10,206,000         198,962,000 10,206,000    
Total assets 8,249,002,000       3,370,040,000         8,249,002,000 3,370,040,000    
Debt 7,550,680,000       2,885,784,000         7,550,680,000 2,885,784,000    
Other liabilities 18,153,000       25,467,000         18,153,000 25,467,000    
Total liabilities 7,568,833,000       2,911,251,000         7,568,833,000 2,911,251,000    
Total Equity 680,169,000       458,789,000         680,169,000 458,789,000    
Noncontrolling interests in equity of consolidated subsidiaries 190,647,000       253,836,000         190,647,000 253,836,000    
Total New Residential stockholders’ equity 489,522,000       204,953,000         489,522,000 204,953,000    
Investments in equity method investees 0       0         0 0    
Operating Segments [Member] | Real Estate Securities [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   110,123,000 60,208,000 39,533,000  
Interest expense                   18,230,000 12,689,000 10,876,000  
Net interest income (expense)                   91,893,000 47,519,000 28,657,000  
Impairment                   5,788,000 1,391,000 4,993,000  
Other income                   (33,604,000) 14,589,000 52,645,000  
Operating expenses                   1,227,000 10,012,000 312,000  
Income (Loss) Before Income Taxes                   51,274,000 50,705,000 75,997,000  
Income tax expense (benefit)                   0 0 0  
Net Income (Loss)                   51,274,000 50,705,000 75,997,000  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   0 0 0  
Net income (loss) attributable to common stockholders                   51,274,000 50,705,000 75,997,000  
Investments 2,070,834,000       2,463,163,000         2,070,834,000 2,463,163,000    
Cash and cash equivalents 42,984,000       43,728,000         42,984,000 43,728,000    
Restricted cash 0       0         0 0    
Derivative assets 0       32,091,000         0 32,091,000    
Other assets 1,600,091,000       69,980,000         1,600,091,000 69,980,000    
Total assets 3,713,909,000       2,608,962,000         3,713,909,000 2,608,962,000    
Debt 2,513,538,000       2,246,651,000         2,513,538,000 2,246,651,000    
Other liabilities 740,392,000       17,511,000         740,392,000 17,511,000    
Total liabilities 3,253,930,000       2,264,162,000         3,253,930,000 2,264,162,000    
Total Equity 459,979,000       344,800,000         459,979,000 344,800,000    
Noncontrolling interests in equity of consolidated subsidiaries 0       0         0 0    
Total New Residential stockholders’ equity 459,979,000       344,800,000         459,979,000 344,800,000    
Investments in equity method investees 0       0         0 0    
Operating Segments [Member] | Real Estate Loans [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   43,180,000 47,262,000 2,650,000  
Interest expense                   21,510,000 11,073,000 0  
Net interest income (expense)                   21,670,000 36,189,000 2,650,000  
Impairment                   18,596,000 9,891,000 461,000  
Other income                   15,405,000 30,759,000 1,832,000  
Operating expenses                   13,415,000 12,688,000 357,000  
Income (Loss) Before Income Taxes                   5,064,000 44,369,000 3,664,000  
Income tax expense (benefit)                   (3,199,000) 2,059,000 0  
Net Income (Loss)                   8,263,000 42,310,000 3,664,000  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   0 0 0  
Net income (loss) attributable to common stockholders                   8,263,000 42,310,000 3,664,000  
Investments 1,157,433,000       1,236,210,000         1,157,433,000 1,236,210,000    
Cash and cash equivalents 13,262,000       7,757,000         13,262,000 7,757,000    
Restricted cash 0       0         0 0    
Derivative assets 0       312,000         0 312,000    
Other assets 106,330,000       14,159,000         106,330,000 14,159,000    
Total assets 1,277,025,000       1,258,438,000         1,277,025,000 1,258,438,000    
Debt 1,004,980,000       925,418,000         1,004,980,000 925,418,000    
Other liabilities 14,382,000       24,141,000         14,382,000 24,141,000    
Total liabilities 1,019,362,000       949,559,000         1,019,362,000 949,559,000    
Total Equity 257,663,000       308,879,000         257,663,000 308,879,000    
Noncontrolling interests in equity of consolidated subsidiaries 0       0         0 0    
Total New Residential stockholders’ equity 257,663,000       308,879,000         257,663,000 308,879,000    
Investments in equity method investees 0       0         0 0    
Operating Segments [Member] | Consumer Loans [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   1,000 0 0  
Interest expense                   1,615,000 4,184,000 0  
Net interest income (expense)                   (1,614,000) (4,184,000) 0  
Impairment                   0 0 0  
Other income                   43,954,000 145,860,000 82,856,000  
Operating expenses                   228,000 917,000 2,076,000  
Income (Loss) Before Income Taxes                   42,112,000 140,759,000 80,780,000  
Income tax expense (benefit)                   325,000 92,000 0  
Net Income (Loss)                   41,787,000 140,667,000 80,780,000  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   0 0 0  
Net income (loss) attributable to common stockholders                   41,787,000 140,667,000 80,780,000  
Investments 0       0         0 0    
Cash and cash equivalents 6,359,000       0         6,359,000 0    
Restricted cash 0       0         0 0    
Derivative assets 0       0         0 0    
Other assets 1,767,000       609,000         1,767,000 609,000    
Total assets 8,126,000       609,000         8,126,000 609,000    
Debt 40,446,000       0         40,446,000 0    
Other liabilities 459,000       195,000         459,000 195,000    
Total liabilities 40,905,000       195,000         40,905,000 195,000    
Total Equity (32,779,000)       414,000         (32,779,000) 414,000    
Noncontrolling interests in equity of consolidated subsidiaries 0       0         0 0    
Total New Residential stockholders’ equity (32,779,000)       414,000         (32,779,000) 414,000    
Investments in equity method investees 0       0         0 0    
Operating Segments [Member] | Corporate [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   2,587,000 1,000 42,000  
Interest expense                   4,196,000 500,000 247,000  
Net interest income (expense)                   (1,609,000) (499,000) (205,000)  
Impairment                   0 0 0  
Other income                   (3,102,000) 0 0  
Operating expenses                   87,536,000 78,386,000 37,437,000  
Income (Loss) Before Income Taxes                   (92,247,000) (78,885,000) (37,642,000)  
Income tax expense (benefit)                   0 0 0  
Net Income (Loss)                   (92,247,000) (78,885,000) (37,642,000)  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   (5,161,000) 0 0  
Net income (loss) attributable to common stockholders                   (87,086,000) (78,885,000) $ (37,642,000)  
Investments 0       0         0 0    
Cash and cash equivalents 73,138,000       102,117,000         73,138,000 102,117,000    
Restricted cash 0       0         0 0    
Derivative assets 0       0         0 0    
Other assets 53,365,000       469,000         53,365,000 469,000    
Total assets 126,503,000       102,586,000         126,503,000 102,586,000    
Debt 0       0         0 0    
Other liabilities 137,857,000       113,937,000         137,857,000 113,937,000    
Total liabilities 137,857,000       113,937,000         137,857,000 113,937,000    
Total Equity (11,354,000)       (11,351,000)         (11,354,000) (11,351,000)    
Noncontrolling interests in equity of consolidated subsidiaries 0       0         0 0    
Total New Residential stockholders’ equity (11,354,000)       (11,351,000)         (11,354,000) (11,351,000)    
Investments in equity method investees $ 0       $ 0         $ 0 $ 0    
[1] Earnings from investments in equity method investees is included in other income.
[2] Net of deferred financing costs associated with the adoption of ASU No. 2015-03 (Note 2).
[3] Excludes debt related to linked transactions (Note 10).