INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS, EQUITY METHOD INVESTEES - Summary of the Financial Results of Excess MSR Joint Ventures, Accounted for as Equity Method Investees (Details) - Excess MSRs Investees [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule of Equity Method Investments [Line Items]
Excess MSR assets	$ 421,999	$ 653,293
Other assets	12,442	8,472
Other liabilities	0	(13)
Equity	434,441	661,752
New Residential’s investment	$ 217,221	$ 330,876
New Residential’s ownership	50.00%	50.00%
Interest income	$ 51,811	$ 67,698	$ 50,306
Other income (loss)	10,615	46,961	53,964
Expenses	(107)	(99)	(3,585)
Net income	$ 62,319	$ 114,560	$ 100,685