INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Real Estate Securities in an Unrealized Loss Position - Associated Intent to Sell (Details) $ in Thousands	Dec. 31, 2015 USD ($)
Securities Intended To Sell [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value	$ 19,875	[1]
Amortized Cost Basis After Impairment	19,875	[1]
Unrealized Credit Losses	(224)	[1],[2]
Unrealized Non-Credit Losses	0	[1],[3]
Securities More Likely Than Not Required to be Sold [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value	0	[4]
Amortized Cost Basis After Impairment	0	[4]
Unrealized Credit Losses	0	[2],[4]
Securities No Intent To Sell and Not More Likely Than Not to be Required to Sell- Credit Impaired [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value	172,114
Amortized Cost Basis After Impairment	174,049
Unrealized Credit Losses	(4,804)	[2]
Unrealized Non-Credit Losses	(1,935)	[3]
Securities No Intent To Sell and Not More Likely Than Not to be Required to Sell - Non-Credit Impaired [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value	1,004,426
Amortized Cost Basis After Impairment	1,021,835
Unrealized Credit Losses	0	[2]
Unrealized Non-Credit Losses	(17,409)	[3]
Securities in an Unrealized Loss Position [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value	1,196,415
Amortized Cost Basis After Impairment	1,215,759
Unrealized Credit Losses	(5,028)	[2]
Unrealized Non-Credit Losses	$ (19,344)	[3]

[1] A portion of securities New Residential intends to sell have a fair value equal to their amortized cost basis after impairment, and, therefore do not have unrealized losses reflected in other comprehensive income as of December 31, 2015.

[2] This amount is required to be recorded as other-than-temporary impairment through earnings. In measuring the portion of credit losses, New Residential’s management estimates the expected cash flow for each of the securities. This evaluation includes a review of the credit status and the performance of the collateral supporting those securities, including the credit of the issuer, key terms of the securities and the effect of local, industry and broader economic trends. Significant inputs in estimating the cash flows include management’s expectations of prepayment speeds, default rates and loss severities. Credit losses are measured as the decline in the present value of the expected future cash flows discounted at the investment’s effective interest rate.

[3] This amount represents unrealized losses on securities that are due to non-credit factors and recorded through other comprehensive income.

[4] New Residential may, at times, be more likely than not to be required to sell certain securities for liquidity purposes. While the amount of the securities to be sold may be an estimate, and the securities to be sold have not yet been identified, New Residential must make its best estimate, which is subject to significant judgment regarding future events, and may differ materially from actual future sales.