INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Summary of Changes in Accretable Yield (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Beginning balance		$ 71,063	$ 0
Additions		23,688	72,053
Accretion		(8,876)	(990)
Reclassifications from non-accretable difference	[1]	29,569
Disposals	[2]	(2,680)
Transfer to held-for-sale	[3]	(89,076)
Ending balance		$ 23,688	$ 71,063

[1] Represents a probable and significant increase in cash flows previously expected to be uncollectible.

[2] Includes sales of loans or foreclosures, which result in removal of the loan from the PCD loan pool at its carrying amount.

[3] Represents loans not initially acquired with the intent to sell for which New Residential determined that it no longer has the intent to hold for the foreseeable future, or until maturity or payoff.