INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS - Summary of Excess MSRs Made Through Equity Method Investees (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015
Schedule of MSRs [Line Items]
Mortgage servicing rights, at fair value		$ 659,483	$ 0
Weighted Average Life (Years)		1 year 10 months 3 days
Excess MSRs Investees [Member]
Schedule of MSRs [Line Items]
Unpaid Principal Balance		$ 60,677,300	$ 73,058,050
New Residential’s ownership		50.00%	50.00%
Amortized Cost Basis	[1]	$ 277,079	$ 320,759
Mortgage servicing rights, at fair value	[2]	$ 372,391	$ 421,999
Weighted Average Life (Years)	[3]	6 years 5 months 20 days	6 years 7 months
Excess MSRs Investees [Member] | Agency [Member] | Original and Recaptured Pools [Member]
Schedule of MSRs [Line Items]
Unpaid Principal Balance		$ 60,677,300	$ 73,058,050
Investee Interest in Excess MSR	[4]	66.70%	66.70%
New Residential’s ownership		50.00%	50.00%
Amortized Cost Basis	[1]	$ 247,105	$ 275,338
Mortgage servicing rights, at fair value	[2]	$ 314,401	$ 351,275
Weighted Average Life (Years)	[3]	5 years 9 months 8 days	5 years 8 months 15 days
Excess MSRs Investees [Member] | Agency [Member] | Recapture Agreements [Member]
Schedule of MSRs [Line Items]
Unpaid Principal Balance		$ 0	$ 0
Investee Interest in Excess MSR	[4]	66.70%	66.70%
New Residential’s ownership		50.00%	50.00%
Amortized Cost Basis	[1]	$ 29,974	$ 45,421
Mortgage servicing rights, at fair value	[2]	$ 57,990	$ 70,724
Weighted Average Life (Years)	[3]	12 years 2 months 20 days	11 years 10 months 25 days

[1] Represents the amortized cost basis of the equity method investees in which New Residential holds a 50% interest. The amortized cost basis of the recapture agreements is determined based on the relative fair values of the recapture agreements and related Excess MSRs at the time they were acquired.

[2] Represents the carrying value of the Excess MSRs held in equity method investees, in which New Residential holds a 50% interest. Carrying value represents the fair value of the pools or recapture agreements, as applicable.

[3] The weighted average life represents the weighted average expected timing of the receipt of cash flows of each investment.

[4] The remaining interests are held by Nationstar.