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INVESTMENTS IN CONSUMER LOANS - Assets and Liabilities Related to Variable Interest Entities (Details) - VIE [Member] - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Total assets [1] $ 1,789,286 $ 2,410,098
Liabilities    
Notes and bonds payable 1,464,851 2,060,347
Accounts payable and accrued expenses 5,187 6,111
Total liabilities [1] 1,470,038 $ 2,066,458
Consumer Loan Companies [Member]    
Assets    
Consumer loans, held-for-investment 1,638,357  
Restricted cash 13,393  
Accrued interest receivable 24,528  
Total assets [2] 1,676,278  
Liabilities    
Notes and bonds payable 1,648,488  
Accounts payable and accrued expenses 951  
Total liabilities [2] $ 1,649,439  
[1] The creditors of the Buyer do not have recourse to the general credit of New Residential and the assets of the Buyer are not directly available to satisfy New Residential’s obligations.
[2] The creditors of the Consumer Loan SPVs do not have recourse to the general credit of New Residential, and the assets of the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations.