ORGANIZATION - Summary of Preliminary Allocation of Total Consideration (Details) $ in Thousands	Apr. 06, 2015 USD ($)
HLSS [Member]
Business Acquisition [Line Items]
Total Consideration	$ 1,491,248
Assets
Cash and cash equivalents	51,400
Servicer advances, at fair value	5,096,700
Excess mortgage servicing rights, at fair value	917,100
Residential mortgage loans, held-for-sale	416,800	[1]
Deferred tax asset	195,100	[2]
Investment in HLSS Ltd.	44,900
Other assets	402,400	[3]
Total Assets Acquired	7,124,400
Liabilities
Notes payable	5,580,300
Accrued expenses and other liabilities	52,900	[4],[5]
Total Liabilities Assumed	5,633,200
Net Assets	1,491,200
Residential Mortgage [Member] | Non-Performing Loans [Member] | Government National Mortgage Association (GNMA) Insured Loans [Member]
Liabilities
Unpaid Principal Balance	$ 424,300

[1] Represents $424.3 million unpaid principal balance (“UPB”) of Government National Mortgage Association (“Ginnie Mae”) early buy-out (“EBO”) residential mortgage loans not subject to Accounting Standards Codification (“ASC”) No. 310-30 as the contractual cash flows are guaranteed by the Federal Housing Administration (“FHA”).

[2] Due primarily to the difference between carryover historical tax basis and acquisition date fair value of one of HLSS’s first tier subsidiaries.

[3] Includes restricted cash and receivables not subject to ASC No. 310-30 which New Residential has deemed fully collectible.

[4] Contingencies for HLSS class action law suits had not been recognized at the acquisition date as the criteria in ASC No. 450 had not been met (Note 14).

[5] Includes liabilities which arose from contingencies regarding HLSS matters.