INVESTMENTS IN SERVICER ADVANCES - Summary of Information on the Assets and Liabilities related to Consolidated VIE (Details) - VIE [Member] - USD ($) $ in Thousands		Dec. 31, 2016	Dec. 31, 2015
Assets
Servicer advances, at fair value		$ 1,731,633	$ 2,344,245
Cash and cash equivalents		37,854	40,761
All other assets		19,799	25,092
Total assets	[1]	1,789,286	2,410,098
Liabilities
Notes payable		1,464,851	2,060,347
All other liabilities		5,187	6,111
Total liabilities	[1]	$ 1,470,038	$ 2,066,458

[1] The creditors of the Buyer do not have recourse to the general credit of New Residential and the assets of the Buyer are not directly available to satisfy New Residential’s obligations.