INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Real Estate Securities (Details) $ in Thousands				6 Months Ended
		Jun. 30, 2016 USD ($) security bond		Jun. 30, 2016 USD ($) security bond		Dec. 31, 2015 USD ($)
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		$ 7,249,437		$ 7,249,437
Amortized Cost Basis		4,503,259		4,503,259
Carrying Value		$ 4,554,657		$ 4,554,657		$ 2,501,881
Weighted Average Life (Years)				1 year 1 month 1 day
Number of bonds which New Residential was unable to obtain rating information | bond		97		97
Investments		$ 15,458,841		$ 15,458,841
Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Investments		443,600		443,600
Residual Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Investments		235,900		235,900
Non-Agency Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Investments		0		0
Agency RMBS [Member]
Schedule of Available-for-sale Securities [Line Items]
Face amount of securities purchased		1,500,000		3,871,700
Purchase price of securities purchased		1,500,000		4,048,300
Face amount of securities sold		1,500,000		3,089,800
Amortized cost of securities sold				3,199,600
Sale price of securities sold		1,500,000		3,236,700
Gain (Loss) on sale of securities sold				37,100
Outstanding Face Amount	[1],[2]	1,624,103		1,624,103
Amortized Cost Basis	[1],[2]	1,719,286		1,719,286
Gross Unrealized Gains	[1],[2]	0		0
Gross Unrealized Losses	[1],[2]	(5,127)		(5,127)
Carrying Value	[1],[2]	$ 1,714,159	[3]	$ 1,714,159	[3]	917,598
Number of Securities | security	[1],[2]	35		35
Weighted Average Rating	[1],[2],[4]			AAA
Weighted Average Coupon	[1],[2],[5]	3.41%		3.41%
Weighted Average Yield	[1],[2]	1.61%		1.61%
Weighted Average Life (Years)	[1],[2],[6]			3 years 6 months 29 days
Agency RMBS [Member] | Fixed Rate Residential Mortgage [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		$ 1,500,000		$ 1,500,000
Agency RMBS [Member] | Adjustable Rate Residential Mortgage [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		164,700		164,700
Non-Agency RMBS [Member]
Schedule of Available-for-sale Securities [Line Items]
Face amount of securities purchased		100,000		2,671,500
Purchase price of securities purchased		100,000		1,429,700
Face amount of securities sold				129,800
Amortized cost of securities sold				121,700
Sale price of securities sold				100,400
Gain (Loss) on sale of securities sold				(21,300)
Outstanding Face Amount	[7],[8],[9]	5,625,334		5,625,334
Amortized Cost Basis	[7],[8],[9]	2,783,973		2,783,973
Gross Unrealized Gains	[8],[9]	72,807		72,807
Gross Unrealized Losses	[8],[9]	(16,282)		(16,282)
Carrying Value	[8],[9]	$ 2,840,498	[3]	$ 2,840,498	[3]	1,584,283
Number of Securities | security	[8],[9]	329		329
Weighted Average Rating	[4],[8],[9]			CCC+
Weighted Average Coupon	[5],[8],[9]	1.72%		1.72%
Weighted Average Yield	[8],[9]	5.33%		5.33%
Weighted Average Life (Years)	[6],[8],[9]			6 years 6 months 19 days
Weighted Average Principal Subordination	[8],[9],[10]	10.10%		10.10%
Non-Agency RMBS [Member] | Fixed Rate Residential Mortgage [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		$ 1,000,000		$ 1,000,000
Residual and interest - only notional amount		300,000		300,000
Non-Agency RMBS [Member] | Adjustable Rate Residential Mortgage [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		4,600,000		4,600,000
Residual and interest - only notional amount		1,900,000		1,900,000
Investments in Real Estate Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		7,249,437		7,249,437
Amortized Cost Basis		4,503,259		4,503,259
Gross Unrealized Gains		72,807		72,807
Gross Unrealized Losses		(21,409)		(21,409)
Carrying Value		$ 4,554,657	[3]	$ 4,554,657	[3]	$ 2,501,881
Number of Securities | security		364.000		364.000
Weighted Average Rating	[4]			BB+
Weighted Average Coupon	[5]	2.33%		2.33%
Weighted Average Yield		3.91%		3.91%
Weighted Average Life (Years)	[6]			5 years 5 months
Other ABS [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		$ 1,816,171		$ 1,816,171
Amortized Cost Basis		98,947		98,947
Gross Unrealized Gains		5,940		5,940
Gross Unrealized Losses		(5,543)		(5,543)
Carrying Value		$ 99,344		$ 99,344
Number of Securities | security		19		19
Weighted Average Rating				AA
Weighted Average Coupon		1.88%		1.88%
Weighted Average Yield		5.70%		5.70%
Weighted Average Life (Years)				3 years 4 months 24 days
Servicer Advances [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		$ 406,000		$ 406,000
Amortized Cost Basis		405,592		405,592
Gross Unrealized Gains		469		469
Gross Unrealized Losses		(14)		(14)
Carrying Value		$ 406,047		$ 406,047
Number of Securities | security		5		5
Weighted Average Rating				AA+
Weighted Average Coupon		2.70%		2.70%
Weighted Average Yield		2.38%		2.38%
Weighted Average Life (Years)				6 months 10 days

[1] Includes securities issued or guaranteed by U.S. Government agencies such as Fannie Mae or Freddie Mac.

[2] The total outstanding face amount was $1.5 billion for fixed rate securities and $164.7 million for floating rate securities as of June 30, 2016.

[3] Fair value, which is equal to carrying value for all securities. See Note 12 regarding the estimation of fair value.

[4] Represents the weighted average of the ratings of all securities in each asset type, expressed as an S&P equivalent rating. This excludes the ratings of the collateral underlying 97 bonds with a carrying value of $443.6 million which either have never been rated or for which rating information is no longer provided. For each security rated by multiple rating agencies, the lowest rating is used. New Residential used an implied AAA rating for the Agency RMBS. Ratings provided were determined by third party rating agencies, and represent the most recent credit ratings available as of the reporting date and may not be current.

[5] Excludes residual bonds, and certain other Non-Agency bonds, with a carrying value of $235.9 million and $0.0 million, respectively, for which no coupon payment is expected.

[6] The weighted average life is based on the timing of expected principal reduction on the assets.

[7] Includes New Residential’s investments in interest-only notes for which the fair value option for financial instruments was elected.

[8] Includes other ABS consisting primarily of (i) interest-only securities which New Residential elected to carry at fair value and record changes to valuation through the income statement and (ii) bonds backed by servicer advances. Gross Unrealized Weighted AverageAsset Type Outstanding Face Amount Amortized Cost Basis Gains Losses Carrying Value Number of Securities Rating Coupon Yield Life (Years) Principal SubordinationOther ABS $1,816,171 $98,947 $5,940 $(5,543) $99,344 19 AA 1.88% 5.70% 3.4 N/AServicer Advance Bonds $406,000 $405,592 $469 $(14) $406,047 5 AA+ 2.70% 2.38% 0.5 N/A

[9] The total outstanding face amount was $1.0 billion (including $0.3 billion of residual and interest-only notional amount) for fixed rate securities and $4.6 billion (including $1.9 billion of residual and interest-only notional amount) for floating rate securities as of June 30, 2016.

[10] Percentage of the amortized cost basis of securities that is subordinate to New Residential’s investments, excluding interest-only bonds and servicer advance bonds.