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SEGMENT REPORTING - Summary of Segment Financial Data (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
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, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Segment Reporting Information [Line Items]                          
Interest income $ 326,834 [1] $ 282,388 $ 277,477 $ 190,036 $ 200,181 $ 182,341 $ 178,177 $ 84,373   $ 1,076,735 $ 645,072 $ 346,857  
Interest expense 95,023 [1] 96,488 100,685 81,228 80,605 77,558 81,871 33,979   373,424 274,013 140,708  
Net interest income (expense) 231,811 [1] 185,900 176,792 108,808 119,576 104,783 96,306 50,394   703,311 371,059 206,149  
Impairment 38,297 [1] 20,040 19,644 9,999 18,682 (1,767) 5,421 2,048   87,980 24,384 11,282  
Servicing revenue, net 118,169 [1] 0 0 0           118,169 0 0  
Other income (loss) 23,437 [1],[2] 26,701 [2] (19,723) [2] 31,922 [2] 9,909 [2] (17,825) [2] 37,650 [2] 12,295 [2]   62,337 [2] 42,029 [2] 375,088  
Operating expenses 72,339 [1] 40,575 36,280 25,016 27,699 32,902 34,952 22,270   174,210 117,823 104,899  
Income (Loss) Before Income Taxes 262,781 [1] 151,986 101,145 105,715 83,104 55,823 93,583 38,371   621,627 270,881 465,056  
Income tax expense (benefit) 20,716 [1] 20,900 7,518 (10,223) (15,948) (5,932) 14,306 (3,427)   38,911 (11,001) 22,957  
Net Income (Loss) 242,065 [1] 131,086 93,627 115,938 99,052 61,755 79,277 41,798   582,716 281,882 442,099  
Noncontrolling interests in income (loss) of consolidated subsidiaries 16,908 [1] 32,178 24,975 4,202 (3,928) 7,193 4,158 5,823   78,263 13,246 89,222  
Net income (loss) attributable to common stockholders 225,157 [1] $ 98,908 $ 68,652 $ 111,736 102,980 $ 54,562 $ 75,119 $ 35,975   504,453 268,636 352,877  
Investments 15,780,680       12,884,846       $ 15,780,680 15,780,680 12,884,846    
Cash and cash equivalents 290,602       249,936       290,602 290,602 249,936    
Restricted cash 163,095       94,702       163,095 163,095 94,702    
Derivative assets 6,762       2,689       6,762 6,762 2,689    
Other assets 2,130,658       1,960,549       2,130,658 2,130,658 1,960,549    
Total assets 18,365,035       15,192,722       18,365,035 18,365,035 15,192,722    
Debt 13,181,236 [3]       11,292,622 [3]       13,181,236 [3] 13,181,236 [3] 11,292,622 [3] 6,057,853 [4]  
Other liabilities 1,715,622       913,520       1,715,622 1,715,622 913,520    
Total liabilities 14,896,858       12,206,142       14,896,858 14,896,858 12,206,142    
Total Equity 3,468,177       2,986,580       3,468,177 3,468,177 2,986,580 1,849,925 $ 1,513,075
Noncontrolling interests in equity of consolidated subsidiaries 208,077       190,647       208,077 208,077 190,647    
Total New Residential stockholders’ equity 3,260,100       2,795,933       3,260,100 3,260,100 2,795,933    
Investments in equity method investees 194,788       217,221       194,788 194,788 217,221    
Operating Segments [Member] | Excess MSRs [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   150,141 134,565 49,180  
Interest expense                   19,160 11,625 1,294  
Net interest income (expense)                   130,981 122,940 47,886  
Impairment                   0 0 0  
Servicing revenue, net                   0      
Other income (loss)                   11,398 72,802 100,052  
Operating expenses                   1,259 1,101 713  
Income (Loss) Before Income Taxes                   141,120 194,641 147,225  
Income tax expense (benefit)                   0 0 0  
Net Income (Loss)                   141,120 194,641 147,225  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   0 0 0  
Net income (loss) attributable to common stockholders                   141,120 194,641 147,225  
Investments 1,594,243       1,798,738       1,594,243 1,594,243 1,798,738    
Cash and cash equivalents 2,225       18,507       2,225 2,225 18,507    
Restricted cash 24,538       878       24,538 24,538 878    
Derivative assets         0           0    
Other assets 2,404       34       2,404 2,404 34    
Total assets 1,623,410       1,818,157       1,623,410 1,623,410 1,818,157    
Debt 729,145       182,978       729,145 729,145 182,978    
Other liabilities 2,189       2,277       2,189 2,189 2,277    
Total liabilities 731,334       185,255       731,334 731,334 185,255    
Total Equity 892,076       1,632,902       892,076 892,076 1,632,902    
Noncontrolling interests in equity of consolidated subsidiaries 0       0       0 0 0    
Total New Residential stockholders’ equity 892,076       1,632,902       892,076 892,076 1,632,902    
Investments in equity method investees 194,788       217,221       194,788 194,788 217,221    
Operating Segments [Member] | Mortgage Servicing Rights [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   0      
Interest expense                   0      
Net interest income (expense)                   0      
Impairment                   0      
Servicing revenue, net                   118,169      
Other income (loss)                   0      
Operating expenses                   10,693      
Income (Loss) Before Income Taxes                   107,476      
Income tax expense (benefit)                   15,683      
Net Income (Loss)                   91,793      
Noncontrolling interests in income (loss) of consolidated subsidiaries                   0      
Net income (loss) attributable to common stockholders                   91,793      
Investments 659,483               659,483 659,483      
Cash and cash equivalents 95,840               95,840 95,840      
Restricted cash 0               0 0      
Other assets 40,608               40,608 40,608      
Total assets 795,931               795,931 795,931      
Debt 0               0 0      
Other liabilities 97,923               97,923 97,923      
Total liabilities 97,923               97,923 97,923      
Total Equity 698,008               698,008 698,008      
Noncontrolling interests in equity of consolidated subsidiaries 0               0 0      
Total New Residential stockholders’ equity 698,008               698,008 698,008      
Investments in equity method investees 0               0 0      
Operating Segments [Member] | Servicer Advances [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   369,809 354,616 190,206  
Interest expense                   224,879 216,837 110,968  
Net interest income (expense)                   144,930 137,779 79,238  
Impairment                   0 0 0  
Servicing revenue, net                   0      
Other income (loss)                   (4,624) (53,426) 83,828  
Operating expenses                   3,724 14,316 2,183  
Income (Loss) Before Income Taxes                   136,582 70,037 160,883  
Income tax expense (benefit)                   21,036 (8,127) 20,806  
Net Income (Loss)                   115,546 78,164 140,077  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   40,136 18,407 89,222  
Net income (loss) attributable to common stockholders                   75,410 59,757 50,855  
Investments 5,806,740       7,857,841       5,806,740 5,806,740 7,857,841    
Cash and cash equivalents 94,368       95,686       94,368 94,368 95,686    
Restricted cash 82,122       93,824       82,122 82,122 93,824    
Derivative assets         2,689           2,689    
Other assets 180,705       198,962       180,705 180,705 198,962    
Total assets 6,163,935       8,249,002       6,163,935 6,163,935 8,249,002    
Debt 5,698,160       7,550,680       5,698,160 5,698,160 7,550,680    
Other liabilities 24,123       18,153       24,123 24,123 18,153    
Total liabilities 5,722,283       7,568,833       5,722,283 5,722,283 7,568,833    
Total Equity 441,652       680,169       441,652 441,652 680,169    
Noncontrolling interests in equity of consolidated subsidiaries 173,057       190,647       173,057 173,057 190,647    
Total New Residential stockholders’ equity 268,595       489,522       268,595 268,595 489,522    
Investments in equity method investees 0       0       0 0 0    
Operating Segments [Member] | Real Estate Securities [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   265,862 110,123 60,208  
Interest expense                   49,283 18,230 12,689  
Net interest income (expense)                   216,579 91,893 47,519  
Impairment                   10,264 5,788 1,391  
Servicing revenue, net                   0      
Other income (loss)                   (47,747) (33,604) 14,589  
Operating expenses                   1,480 1,227 10,012  
Income (Loss) Before Income Taxes                   157,088 51,274 50,705  
Income tax expense (benefit)                   0 0 0  
Net Income (Loss)                   157,088 51,274 50,705  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   0 0 0  
Net income (loss) attributable to common stockholders                   157,088 51,274 50,705  
Investments 4,973,711       2,070,834       4,973,711 4,973,711 2,070,834    
Cash and cash equivalents 8,405       42,984       8,405 8,405 42,984    
Restricted cash 0       0       0 0 0    
Derivative assets         0           0    
Other assets 1,753,076       1,600,091       1,753,076 1,753,076 1,600,091    
Total assets 6,735,192       3,713,909       6,735,192 6,735,192 3,713,909    
Debt 4,203,249       2,513,538       4,203,249 4,203,249 2,513,538    
Other liabilities 1,394,682       740,392       1,394,682 1,394,682 740,392    
Total liabilities 5,597,931       3,253,930       5,597,931 5,597,931 3,253,930    
Total Equity 1,137,261       459,979       1,137,261 1,137,261 459,979    
Noncontrolling interests in equity of consolidated subsidiaries 0       0       0 0 0    
Total New Residential stockholders’ equity 1,137,261       459,979       1,137,261 1,137,261 459,979    
Investments in equity method investees 0       0       0 0 0    
Operating Segments [Member] | Residential Mortgage Loans [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   56,249 43,180 47,262  
Interest expense                   25,675 21,510 11,073  
Net interest income (expense)                   30,574 21,670 36,189  
Impairment                   23,870 18,596 9,891  
Servicing revenue, net                   0      
Other income (loss)                   26,779 15,405 30,759  
Operating expenses                   14,961 13,415 12,688  
Income (Loss) Before Income Taxes                   18,522 5,064 44,369  
Income tax expense (benefit)                   2,117 (3,199) 2,059  
Net Income (Loss)                   16,405 8,263 42,310  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   0 0 0  
Net income (loss) attributable to common stockholders                   16,405 8,263 42,310  
Investments 947,017       1,157,433       947,017 947,017 1,157,433    
Cash and cash equivalents 5,366       13,262       5,366 5,366 13,262    
Restricted cash 0       0       0 0 0    
Derivative assets         0           0    
Other assets 100,951       106,330       100,951 100,951 106,330    
Total assets 1,053,334       1,277,025       1,053,334 1,053,334 1,277,025    
Debt 783,006       1,004,980       783,006 783,006 1,004,980    
Other liabilities 22,689       14,382       22,689 22,689 14,382    
Total liabilities 805,695       1,019,362       805,695 805,695 1,019,362    
Total Equity 247,639       257,663       247,639 247,639 257,663    
Noncontrolling interests in equity of consolidated subsidiaries 0       0       0 0 0    
Total New Residential stockholders’ equity 247,639       257,663       247,639 247,639 257,663    
Investments in equity method investees 0       0       0 0 0    
Operating Segments [Member] | Consumer Loans [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                 226,000 232,750 1 0  
Interest expense                   54,427 1,615 4,184  
Net interest income (expense)                   178,323 (1,614) (4,184)  
Impairment                   53,846 0 0  
Servicing revenue, net                   0      
Other income (loss)                   76,518 43,954 145,860  
Operating expenses                   39,466 228 917  
Income (Loss) Before Income Taxes                 82,000 161,529 42,112 140,759  
Income tax expense (benefit)                   75 325 92  
Net Income (Loss)                   161,454 41,787 140,667  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   38,127 0 0  
Net income (loss) attributable to common stockholders                   123,327 41,787 140,667  
Investments 1,799,486       0       1,799,486 1,799,486 0    
Cash and cash equivalents 27,962       6,359       27,962 27,962 6,359    
Restricted cash 56,435       0       56,435 56,435 0    
Derivative assets         0           0    
Other assets 35,921       1,767       35,921 35,921 1,767    
Total assets 1,919,804       8,126       1,919,804 1,919,804 8,126    
Debt 1,767,676       40,446       1,767,676 1,767,676 40,446    
Other liabilities 6,382       459       6,382 6,382 459    
Total liabilities 1,774,058       40,905       1,774,058 1,774,058 40,905    
Total Equity 145,746       (32,779)       145,746 145,746 (32,779)    
Noncontrolling interests in equity of consolidated subsidiaries 35,020       0       35,020 35,020 0    
Total New Residential stockholders’ equity 110,726       (32,779)       110,726 110,726 (32,779)    
Investments in equity method investees 0       0       0 0 0    
Corporate, Non-Segment [Member]                          
Segment Reporting Information [Line Items]                          
Interest income                   1,924 2,587 1  
Interest expense                   0 4,196 500  
Net interest income (expense)                   1,924 (1,609) (499)  
Impairment                   0 0 0  
Servicing revenue, net                   0      
Other income (loss)                   13 (3,102) 0  
Operating expenses                   102,627 87,536 78,386  
Income (Loss) Before Income Taxes                   (100,690) (92,247) (78,885)  
Income tax expense (benefit)                   0 0 0  
Net Income (Loss)                   (100,690) (92,247) (78,885)  
Noncontrolling interests in income (loss) of consolidated subsidiaries                   0 (5,161) 0  
Net income (loss) attributable to common stockholders                   (100,690) (87,086) $ (78,885)  
Investments 0       0       0 0 0    
Cash and cash equivalents 56,436       73,138       56,436 56,436 73,138    
Restricted cash 0       0       0 0 0    
Derivative assets         0           0    
Other assets 16,993       53,365       16,993 16,993 53,365    
Total assets 73,429       126,503       73,429 73,429 126,503    
Debt 0       0       0 0 0    
Other liabilities 167,634       137,857       167,634 167,634 137,857    
Total liabilities 167,634       137,857       167,634 167,634 137,857    
Total Equity (94,205)       (11,354)       (94,205) (94,205) (11,354)    
Noncontrolling interests in equity of consolidated subsidiaries 0       0       0 0 0    
Total New Residential stockholders’ equity (94,205)       (11,354)       (94,205) (94,205) (11,354)    
Investments in equity method investees $ 0       $ 0       $ 0 $ 0 $ 0    
[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] Earnings from investments in equity method investees is included in other income.
[3] Net of deferred financing costs.
[4] Excludes debt related to linked transactions (Note 10).