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INVESTMENTS IN CONSUMER LOANS - Narrative (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2016
Oct. 03, 2014
Aug. 31, 2016
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
Oct. 31, 2016
Apr. 01, 2016
Mar. 30, 2016
Apr. 30, 2013
Schedule of Consumer Loans [Line Items]                                      
Refinanced outstanding asset-backed notes   $ 2,600,000                                  
Proceeds from refinancing asset backed notes   337,800                                  
Basis in consumer loans investment   0                                  
Gain on consumer loans investment   $ 80,100                     $ 9,943 $ 43,954 $ 92,020        
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        
Income 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        
Payments to acquire loans held-for-investment                         191,081 290,652 884,557        
Performing Loans [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Payments to acquire loans held-for-investment     $ 140,000                   176,200            
UPB of Underlying Mortgages       $ 177,400               $ 177,400 177,400     $ 50,000      
Consumer Loans [Member] | Operating Segments [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Interest income                       226,000 232,750 1 0        
Income before income taxes                       $ 82,000 161,529 $ 42,112 $ 140,759        
SpringCastle [Member] | Parent Company [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Ownership percentage by parent                                 53.50%    
Consumer Loan Companies [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Total Consideration $ 237,500                                    
Acquisition related costs incurred                         $ 1,500            
Consumer Loan Companies [Member] | Parent Company [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Total Consideration $ 237,500                                    
Consideration transferred, percent of net assets used in gross purchase price 100.00%                                    
Blackstone SpringCastle Buyers [Member] | SpringCastle [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Ownership percentage by noncontrolling owners                                 46.50%    
Voting interests acquired as a percentage of Gross Voting Interests Available for Sale 50.00%           50.00%                        
Consumer Loan Companies [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Percentage or portfolio financed by other parties                                     73.00%
OneMain - SpringCastle Sellers [Member] | SpringCastle [Member] | SpringCastle Buyers [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Ownership percentage by noncontrolling owners 47.00%           47.00%                        
Total Consideration $ 111,600                                    
Cash consideration 100,500                                    
Other payments to acquire businesses $ 11,200                                    
Term for payment to escrow account (in days) 120 days                                    
Term for funds held in escrow (in years) 5 years                                    
OneMain - SpringCastle Sellers [Member] | SpringCastle [Member] | NRZ SpringCastle Buyers [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Percentage acquired 23.50%           23.50%                        
Voting interests acquired as a percentage of Gross Voting Interests Available for Sale 50.00%           50.00%                        
Percentage of total consideration paid 50.00%           50.00%                        
Blackstone Tactical Opportunities Advisors LLC [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Percentage of portfolio co-invested by other parties                                     23.00%
OneMain [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Percentage of portfolio co-invested by other parties                                     47.00%
Consumer Loan Companies [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
New Residential’s ownership       30.00%       30.00%       30.00% 30.00% 30.00% 30.00%       30.00%
Percentage of portfolio co-invested by other parties                                     70.00%
Ownership percentage by noncontrolling owners       46.50%               46.50% 46.50%            
Consumer Loan Companies [Member] | SpringCastle [Member]                                      
Schedule of Consumer Loans [Line Items]                                      
Ownership percentage by noncontrolling owners                                   30.00%  
Excess mortgage servicing rights, equity method investees, at fair value                                   $ 71,300  
[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.