INVESTMENTS IN SERVICER ADVANCES - Schedule of Interest Income Related to Investments in Servicer Advances - Others' Interests (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Servicer Advance Joint Venture [Member]
Investment [Line Items]
New Residential’s investment		$ 343,640	$ 457,545
Others’ ownership interest		44.50%
Net income in joint venture		$ 33,180	159,374	$ (517)
Others [Member]
Investment [Line Items]
New Residential’s investment		$ 190,647	$ 253,836
Others’ ownership interest		55.50%	55.50%
Net income in joint venture	[1]	$ 18,407	$ 89,222	$ (326)
Others' ownership interest as a percent of total	[2]	55.50%	56.00%	63.10%

[1] Excludes HLSS shareholders’ interests in the net income (loss) of HLSS of $5.2 million during the year ended December 31, 2015.

[2] As a result, New Residential owned 44.5%, 44.0% and 36.9% of the Buyer, on average during the years ended December 31, 2015, 2014 and 2013, respectively.