INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS, EQUITY METHOD INVESTEES - Summary of Excess MSR Investments made through Equity Method Investees (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Schedule of Equity Method Investments [Line Items]
Weighted Average Life (Years)		11 months 14 days
Excess MSRs Investees [Member]
Schedule of Equity Method Investments [Line Items]
Unpaid Principal Balance			$ 146,257,821
New Residential Interest in Investees		50.00%	50.00%
Amortized Cost Basis	[1]		$ 552,310
Carrying Value	[2]		$ 653,293
Weighted Average Life (Years)	[3]		6 years 3 months 25 days
Agency [Member] | Excess MSRs Investees [Member]
Schedule of Equity Method Investments [Line Items]
Unpaid Principal Balance		$ 73,058,050	$ 87,584,677
Amortized Cost Basis	[1]	320,759	366,201
Carrying Value	[2]	$ 421,999	$ 456,815
Weighted Average Life (Years)	[3]	6 years 7 months	6 years 8 months 9 days
Agency [Member] | Excess MSRs Investees [Member] | Original and Recaptured Pools [Member]
Schedule of Equity Method Investments [Line Items]
Unpaid Principal Balance		$ 73,058,050	$ 87,584,677
Investee Interest in Excess MSR	[4]	66.70%	66.70%
New Residential Interest in Investees		50.00%	50.00%
Amortized Cost Basis	[1]	$ 275,338	$ 299,065
Carrying Value	[2]	$ 351,275	$ 370,059
Weighted Average Life (Years)	[3]	5 years 8 months 15 days	5 years 6 months 21 days
Agency [Member] | Excess MSRs Investees [Member] | Recapture Agreements [Member]
Schedule of Equity Method Investments [Line Items]
Unpaid Principal Balance		$ 0	$ 0
Investee Interest in Excess MSR	[4]	66.70%	66.70%
New Residential Interest in Investees		50.00%	50.00%
Amortized Cost Basis	[1]	$ 45,421	$ 67,136
Carrying Value	[2]	$ 70,724	$ 86,756
Weighted Average Life (Years)	[3]	11 years 10 months 25 days	11 years 8 months 27 days
Non-Agency [Member] | Excess MSRs Investees [Member]
Schedule of Equity Method Investments [Line Items]
Unpaid Principal Balance	[5]		$ 58,673,144
Amortized Cost Basis	[1],[5]		186,109
Carrying Value	[2],[5]		$ 196,478
Weighted Average Life (Years)	[3],[5]		5 years 7 months 2 days
Non-Agency [Member] | Excess MSRs Investees [Member] | Original and Recaptured Pools [Member]
Schedule of Equity Method Investments [Line Items]
Unpaid Principal Balance	[5]		$ 58,673,144
New Residential Interest in Investees	[5]		50.00%
Amortized Cost Basis	[1],[5]		$ 173,784
Carrying Value	[2],[5]		$ 181,368
Weighted Average Life (Years)	[3],[5]		5 years 1 month 8 days
Non-Agency [Member] | Excess MSRs Investees [Member] | Original and Recaptured Pools [Member] | Lower Range [Member]
Schedule of Equity Method Investments [Line Items]
Investee Interest in Excess MSR	[4],[5]		66.70%
Non-Agency [Member] | Excess MSRs Investees [Member] | Original and Recaptured Pools [Member] | Upper Range [Member]
Schedule of Equity Method Investments [Line Items]
Investee Interest in Excess MSR	[4],[5]		77.00%
Non-Agency [Member] | Excess MSRs Investees [Member] | Recapture Agreements [Member]
Schedule of Equity Method Investments [Line Items]
Unpaid Principal Balance	[5]		$ 0
New Residential Interest in Investees	[5]		50.00%
Amortized Cost Basis	[1],[5]		$ 12,325
Carrying Value	[2],[5]		$ 15,110
Weighted Average Life (Years)	[3],[5]		12 years 5 months 2 days
Non-Agency [Member] | Excess MSRs Investees [Member] | Recapture Agreements [Member] | Lower Range [Member]
Schedule of Equity Method Investments [Line Items]
Investee Interest in Excess MSR	[4],[5]		66.70%
Non-Agency [Member] | Excess MSRs Investees [Member] | Recapture Agreements [Member] | Upper Range [Member]
Schedule of Equity Method Investments [Line Items]
Investee Interest in Excess MSR	[4],[5]		77.00%

[1] Represents the amortized cost basis of the equity method investees in which New Residential holds a 50% interest. The amortized cost basis of the recapture agreements is determined based on the relative fair values of the recapture agreements and related Excess MSRs at the time they were acquired.

[2] Represents the carrying value of the Excess MSRs held in equity method investees, in which New Residential holds a 50% interest. Carrying value represents the fair value of the pools or recapture agreements, as applicable.

[3] The weighted average life represents the weighted average expected timing of the receipt of cash flows of each investment.

[4] The remaining interests are held by Nationstar.

[5] Excess MSR investments in which New Residential also invested in related Servicer Advances, including the basic fee component of the related MSR as of December 31, 2015 (Note 6).