FAIR VALUE MEASUREMENT - Schedule of Loans for Which Fair Value is Only Disclosed (Details) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended									12 Months Ended
		Feb. 28, 2013	Dec. 31, 2016		Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Mortgage Loans on Real Estate [Line Items]
Valuation provision (reversal) on loans			$ 35,871	[1]	$ 18,275	$ 16,825	$ 6,745	$ 16,188	$ (3,341)	$ 4,772	$ 977	$ 77,716	$ 18,596	$ 9,891
Weighted Average Life (Years)												1 year 10 months 3 days
Residential Mortgage [Member]
Mortgage Loans on Real Estate [Line Items]
Valuation provision (reversal) on loans												$ 77	$ 78
Discount Rate												7.60%	5.30%
Weighted Average Life (Years)	[2]											2 years 11 months 4 days	3 years 3 months 19 days
Loss Severity	[3]											30.50%	13.30%
Residential Mortgage [Member] | Reported Value Measurement [Member]
Mortgage Loans on Real Estate [Line Items]
Carrying Value			481,142					853,846				$ 481,142	$ 853,846
Residential Mortgage [Member] | Fair Value [Member]
Mortgage Loans on Real Estate [Line Items]
Fair Value			502,046					862,172				$ 502,046	$ 862,172
Reverse Mortgage Loans [Member]
Mortgage Loans on Real Estate [Line Items]
Weighted Average Life (Years)	[4],[5],[6]												4 years 2 months 14 days
Interest in reverse mortgage loans		70.00%										70.00%
Reverse Mortgage Loans [Member] | Residential Mortgage [Member]
Mortgage Loans on Real Estate [Line Items]
Valuation provision (reversal) on loans	[7]											$ 73	$ 35
Discount Rate	[7]											7.00%	10.00%
Weighted Average Life (Years)	[2],[7]											4 years 6 months 16 days	4 years 2 months 14 days
Loss Severity	[3],[7]											9.50%	8.10%
Reverse Mortgage Loans [Member] | Residential Mortgage [Member] | Reported Value Measurement [Member]
Mortgage Loans on Real Estate [Line Items]
Carrying Value	[7]		11,468					19,560				$ 11,468	$ 19,560
Reverse Mortgage Loans [Member] | Residential Mortgage [Member] | Fair Value [Member]
Mortgage Loans on Real Estate [Line Items]
Fair Value	[7]		12,952					19,560				12,952	$ 19,560
Performing Loans [Member]
Mortgage Loans on Real Estate [Line Items]
Weighted Average Life (Years)	[6],[8]												6 years 8 months
Performing Loans [Member] | Residential Mortgage [Member]
Mortgage Loans on Real Estate [Line Items]
Valuation provision (reversal) on loans												$ 4	$ 43
Discount Rate												7.40%	4.80%
Weighted Average Life (Years)	[2]											5 years 7 months 3 days	5 years 2 months 5 days
Prepayment Rate												6.20%	6.60%
CDR	[9]											2.10%	1.20%
Loss Severity	[3]											50.30%	14.30%
Performing Loans [Member] | Residential Mortgage [Member] | Reported Value Measurement [Member]
Mortgage Loans on Real Estate [Line Items]
Carrying Value			23,758					246,190				$ 23,758	$ 246,190
Performing Loans [Member] | Residential Mortgage [Member] | Fair Value [Member]
Mortgage Loans on Real Estate [Line Items]
Fair Value			24,420					248,858				$ 24,420	$ 248,858
Non-Performing Loans [Member] | Residential Mortgage [Member]
Mortgage Loans on Real Estate [Line Items]
Discount Rate												7.60%	5.40%
Weighted Average Life (Years)	[2]											2 years 8 months 29 days	2 years 5 months 25 days
Prepayment Rate												2.00%	1.40%
Loss Severity	[3]											30.00%	13.10%
Non-Performing Loans [Member] | Residential Mortgage [Member] | Reported Value Measurement [Member]
Mortgage Loans on Real Estate [Line Items]
Carrying Value			445,916					588,096				$ 445,916	$ 588,096
Non-Performing Loans [Member] | Residential Mortgage [Member] | Fair Value [Member]
Mortgage Loans on Real Estate [Line Items]
Fair Value			464,674					$ 593,754				464,674	$ 593,754
Consumer Loans [Member] | Consumer Loan [Member]
Mortgage Loans on Real Estate [Line Items]
Valuation provision (reversal) on loans												$ 6,451
Discount Rate												9.30%
Weighted Average Life (Years)	[2]											3 years 10 months 6 days
Prepayment Rate												15.40%
CDR	[9]											5.70%
Loss Severity	[3]											87.60%
Consumer Loans [Member] | Consumer Loan [Member] | Reported Value Measurement [Member]
Mortgage Loans on Real Estate [Line Items]
Carrying Value			1,799,486									$ 1,799,486
Consumer Loans [Member] | Consumer Loan [Member] | Fair Value [Member]
Mortgage Loans on Real Estate [Line Items]
Fair Value			$ 1,819,106									$ 1,819,106

[1] New Residential completed significant transactions in the fourth quarter of 2016, as described in Notes 5, 8 and 9, as well as certain financings included in Note 11.

[2] The weighted average life is based on the expected timing of the receipt of cash flows.

[3] Loss severity is the expected amount of future realized losses resulting from the ultimate liquidation of a particular loan, expressed as the net amount of loss relative to the outstanding loan balance.

[4] FICO scores are not used in determining how much a borrower can access via a reverse mortgage loan.

[5] Represents a 70% participation interest that New Residential holds in a portfolio of reverse mortgage loans. The average loan balance outstanding based on total UPB was $0.5 million and $0.4 million at December 31, 2016 and 2015, respectively. Approximately 60.9% and 71.0% of these loans have reached a termination event at December 31, 2016 and 2015, respectively. As a result of the termination event, each such loan has matured and the borrower can no longer make draws on these loans.

[6] The weighted average life is based on the expected timing of the receipt of cash flows.

[7] Carrying value and fair value represent a 70% participation interest New Residential holds in the portfolio of reverse mortgage loans.

[8] Performing loans are generally placed on nonaccrual status when principal or interest is 120 days or more past due.

[9] Represents the annualized rate of the involuntary prepayments (defaults) as a percentage of the total principal balance.