INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)		Apr. 06, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Servicer Advances basis difference	[1]		$ 113,354,000	$ 144,842,000
Net operating losses	[2]		44,289,000	42,944,000
Deferred deductibility of interest expense			16,543,000	0
Other			5,684,000	6,934,000
Total deferred tax assets			179,870,000	194,720,000
Less valuation allowance			(10,054,000)	(9,409,000)	$ (3,619,000)
Net deferred tax assets			169,816,000	185,311,000
Deferred tax liabilities:
Unrealized gains on servicer advances			(18,532,000)	0
Total deferred tax liability			(18,532,000)	0
Net deferred tax assets			151,284,000	$ 185,311,000
Taxable REIT Subsidiaries [Member]
Deferred tax liabilities:
Net operating loss carryforwards			112,000,000
HLSS [Member]
Deferred tax assets:
Less valuation allowance			$ 0
Deferred tax liabilities:
Increase in deferred tax asset		$ 195,100,000

[1] On April 6, 2015, as a part of the purchase price allocation related to the HLSS Acquisition (Note 1), New Residential recorded an increase to its deferred tax asset of $195.1 million. The deferred tax asset primarily relates to the difference in the book basis and tax basis of New Residential’s investment in Servicer Advances. New Residential believes that such deferred tax asset is more likely than not to be realized and, therefore, no valuation allowance has been recorded against such deferred tax asset as of December 31, 2016.

[2] As of December 31, 2016, New Residential’s TRSs had approximately $112.0 million of net operating loss carryforwards for federal and state income tax purposes which may be available to offset future taxable income, if and when it arises. These federal and state net operating loss carryforwards will begin to expire in 2034. The utilization of the net operating loss carryforwards to reduce future income taxes will depend on the TRSs ability to generate sufficient taxable income prior to the expiration of the carryforward period.