FAIR VALUE MEASUREMENT - Schedule of Carrying Values and Fair Values of Financial Assets and Liabilities Recorded at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands		Dec. 31, 2016		Dec. 31, 2015
Investments in:
Excess mortgage servicing rights, at fair value		$ 659,483		$ 0
Real estate securities, available-for-sale		5,073,858		2,501,881
Derivative assets, at fair value		6,762		2,689
Restricted cash, at fair value		163,095		94,702
Liabilities:
Derivative liabilities, at fair value		3,021		13,443
Recurring Basis [Member]
Investments in:
Excess mortgage servicing rights, principal balance		277,975,997	[1]	329,367,971	[2]
Excess mortgage servicing rights, equity method investees, principal balance		60,677,300	[1]	73,058,050	[2]
Mortgage servicing rights, principal balance	[1]	79,935,302
Servicer advances, principal balance		5,617,759		7,578,110
Real estate securities, available-for-sale, principal balance		8,788,957		4,418,552
Residential mortgage loans, held-for-investment, principal balance		203,673		506,135
Residential mortgage loans, held-for-sale, principal balance		908,930		859,714
Consumer loans, principal balance		1,809,952
Derivative assets, principal balance		6,776,052		3,400,000
Cash and cash equivalents, principal balance		290,602		249,936
Restricted cash, principal balance		163,095		94,702
Other assets, principal balance		888,412
Liabilities:
Repurchase agreements, principal balance		5,193,686		4,043,942
Notes payable, principal balance		8,015,097		7,262,056
Derivative liabilities, principal balance		3,640,000		4,644,000
Recurring Basis [Member] | Level 1 [Member]
Investments in:
Excess mortgage servicing rights, at fair value		0	[1]	0	[2]
Excess mortgage servicing rights, equity method investees, at fair value		0	[1]	0	[2]
Mortgage servicing rights, at fair value	[1]	0
Servicer advances, at fair value		0		0
Real estate securities, available-for-sale		0		0
Residential mortgage loans, held-for-investment, at fair value		0		0
Residential mortgage loans, held-for-sale, at fair value		0		0
Consumer loans, at fair value		0
Derivative assets, at fair value		0		0
Cash and cash equivalents, at fair value		290,602		249,936
Restricted cash, at fair value		163,095		94,702
Other assets, at fair value		0
Assets, fair value		453,697		344,638
Liabilities:
Repurchase agreements, at fair value		0		0
Notes and bonds payable, at fair value		0		0
Derivative liabilities, at fair value		0		0
Liabilities, fair value		0		0
Recurring Basis [Member] | Level 2 [Member]
Investments in:
Excess mortgage servicing rights, at fair value		0	[1]	0	[2]
Excess mortgage servicing rights, equity method investees, at fair value		0	[1]	0	[2]
Mortgage servicing rights, at fair value	[1]	0
Servicer advances, at fair value		0		0
Real estate securities, available-for-sale		1,530,298		917,598
Residential mortgage loans, held-for-investment, at fair value		0		0
Residential mortgage loans, held-for-sale, at fair value		0		0
Consumer loans, at fair value		0
Derivative assets, at fair value		6,762		2,689
Cash and cash equivalents, at fair value		0		0
Restricted cash, at fair value		0		0
Other assets, at fair value		0
Assets, fair value		1,537,060		920,287
Liabilities:
Repurchase agreements, at fair value		5,193,686		4,043,942
Notes and bonds payable, at fair value		0		0
Derivative liabilities, at fair value		3,021		13,443
Liabilities, fair value		5,196,707		4,057,385
Recurring Basis [Member] | Level 3 [Member]
Investments in:
Excess mortgage servicing rights, at fair value		1,399,455	[1]	1,581,517	[2]
Excess mortgage servicing rights, equity method investees, at fair value		194,788	[1]	217,221	[2]
Mortgage servicing rights, at fair value	[1]	659,483
Servicer advances, at fair value		5,706,593		7,426,794
Real estate securities, available-for-sale		3,543,560		1,584,283
Residential mortgage loans, held-for-investment, at fair value		190,343		330,433
Residential mortgage loans, held-for-sale, at fair value		717,985		784,750
Consumer loans, at fair value		1,819,106
Derivative assets, at fair value		0		0
Cash and cash equivalents, at fair value		0		0
Restricted cash, at fair value		0		0
Other assets, at fair value		4,856
Assets, fair value		14,236,169		11,924,998
Liabilities:
Repurchase agreements, at fair value		0		0
Notes and bonds payable, at fair value		7,993,326		7,260,909
Derivative liabilities, at fair value		0		0
Liabilities, fair value		7,993,326		7,260,909
Recurring Basis [Member] | Carrying Value [Member]
Investments in:
Excess mortgage servicing rights, at fair value		1,399,455	[1]	1,581,517	[2]
Excess mortgage servicing rights, equity method investees, at fair value		194,788	[1]	217,221	[2]
Mortgage servicing rights, at fair value	[1]	659,483
Servicer advances, at fair value		5,706,593		7,426,794
Real estate securities, available-for-sale		5,073,858		2,501,881
Residential mortgage loans, held-for-investment, at fair value		190,761		330,178
Residential mortgage loans, held-for-sale, at fair value		696,665		776,681
Consumer loans, at fair value		1,799,486
Derivative assets, at fair value		6,762		2,689
Cash and cash equivalents, at fair value		290,602		249,936
Restricted cash, at fair value		163,095		94,702
Other assets, at fair value		4,856
Assets, fair value		16,186,404		13,181,599
Liabilities:
Repurchase agreements, at fair value		5,190,631		4,043,054
Notes and bonds payable, at fair value		7,990,605		7,249,568
Derivative liabilities, at fair value		3,021		13,443
Liabilities, fair value		13,184,257		11,306,065
Recurring Basis [Member] | Fair Value [Member]
Investments in:
Excess mortgage servicing rights, at fair value		1,399,455	[1]	1,581,517	[2]
Excess mortgage servicing rights, equity method investees, at fair value		194,788	[1]	217,221	[2]
Mortgage servicing rights, at fair value	[1]	659,483
Servicer advances, at fair value		5,706,593		7,426,794
Real estate securities, available-for-sale		5,073,858		2,501,881
Residential mortgage loans, held-for-investment, at fair value		190,343		330,433
Residential mortgage loans, held-for-sale, at fair value		717,985		784,750
Consumer loans, at fair value		1,819,106
Derivative assets, at fair value		6,762		2,689
Cash and cash equivalents, at fair value		290,602		249,936
Restricted cash, at fair value		163,095		94,702
Other assets, at fair value		4,856
Assets, fair value		16,226,926		13,189,923
Liabilities:
Repurchase agreements, at fair value		5,193,686		4,043,942
Notes and bonds payable, at fair value		7,993,326		7,260,909
Derivative liabilities, at fair value		3,021		13,443
Liabilities, fair value		$ 13,190,033		$ 11,318,294

[1] The notional amount represents the total unpaid principal balance of the residential mortgage loans underlying the MSRs and Excess MSRs. New Residential does not receive an excess mortgage servicing amount on non-performing loans in Agency portfolios.

[2] The notional amount represents the total unpaid principal balance of the residential mortgage loans underlying the Excess MSRs. New Residential does not receive an excess mortgage servicing amount on non-performing loans in Agency portfolios.