FAIR VALUE MEASUREMENT - Schedule of Carrying Values and Fair Values of Financial Assets Recorded at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Investments in:
Excess mortgage servicing rights, at fair value		$ 1,369,341	$ 1,399,455
Mortgage servicing rights, at fair value		1,694,792	659,483
Real estate securities, available-for-sale		5,938,743	5,073,858
Consumer loans, held-for-investment, principal balance	[1]	1,679,818	1,799,486
Derivative assets		4,159	6,762
Restricted cash		158,373	163,095
Liabilities
Derivative liabilities		16,685	$ 3,021
Recurring Basis [Member]
Investments in:
Excess mortgage servicing rights, principal balance	[2]	267,265,720
Excess mortgage servicing rights, equity method investees, principal balance	[2]	58,610,831
Mortgage servicing rights, principal balance		185,291,769
Servicer advances, principal balance		5,078,268
Real estate securities, available-for-sale, principal balance		10,515,848
Residential mortgage loans, held-for-investment, principal balance		194,655
Residential mortgage loans, held-for-sale, principal balance		1,274,623
Consumer loans, held-for-investment, principal balance		1,689,600
Derivative assets, notional amount		910,000
Cash and cash equivalents, principal balance		236,557
Restricted cash, principal balance		158,373
Other Assets, principal balance		1,092,007
Liabilities
Repurchase agreements, principal balance		6,280,595
Notes and bonds payable, principal balance		7,577,969
Derivative liabilities, notional amount		11,572,500
Recurring Basis [Member] | Level 1 [Member]
Investments in:
Mortgage servicing rights, at fair value		0
Recurring Basis [Member] | Level 2 [Member]
Investments in:
Mortgage servicing rights, at fair value		0
Recurring Basis [Member] | Level 3 [Member]
Investments in:
Mortgage servicing rights, at fair value		1,694,792
Recurring Basis [Member] | Carrying Value [Member]
Investments in:
Excess mortgage servicing rights, at fair value	[2]	1,369,341
Excess mortgage servicing rights, equity method investees, at fair value	[2]	185,870
Mortgage servicing rights, at fair value		1,694,792
Servicer advances, at fair value		5,037,172
Real estate securities, available-for-sale		5,938,743
Residential mortgage loans, held-for-investment		182,939
Residential mortgage loans, held-for-sale		1,058,184
Consumer loans, held-for-investment		1,679,818
Derivative assets		4,159
Cash and cash equivalents		236,557
Restricted cash		158,373
Other Assets		6,723
Assets, fair value		17,552,671
Liabilities
Repurchase agreements		6,277,636
Notes and bonds payable		7,557,578
Derivative liabilities		16,685
Liabilities, fair value		13,851,899
Recurring Basis [Member] | Fair Value [Member]
Investments in:
Excess mortgage servicing rights, at fair value	[2]	1,369,341
Excess mortgage servicing rights, equity method investees, at fair value	[2]	185,870
Mortgage servicing rights, at fair value		1,694,792
Servicer advances, at fair value		5,037,172
Real estate securities, available-for-sale		5,938,743
Residential mortgage loans, held-for-investment		180,253
Residential mortgage loans, held-for-sale		1,078,905
Consumer loans, held-for-investment		1,694,916
Derivative assets		4,159
Cash and cash equivalents		236,557
Restricted cash		158,373
Other Assets		6,723
Assets, fair value		17,585,804
Liabilities
Repurchase agreements		6,280,595
Notes and bonds payable		7,556,186
Derivative liabilities		16,685
Liabilities, fair value		13,853,466
Recurring Basis [Member] | Fair Value [Member] | Level 1 [Member]
Investments in:
Excess mortgage servicing rights, at fair value	[2]	0
Excess mortgage servicing rights, equity method investees, at fair value	[2]	0
Servicer advances, at fair value		0
Real estate securities, available-for-sale		0
Residential mortgage loans, held-for-investment		0
Residential mortgage loans, held-for-sale		0
Consumer loans, held-for-investment		0
Derivative assets		0
Cash and cash equivalents		236,557
Restricted cash		158,373
Other Assets		0
Assets, fair value		394,930
Liabilities
Repurchase agreements		0
Notes and bonds payable		0
Derivative liabilities		0
Liabilities, fair value		0
Recurring Basis [Member] | Fair Value [Member] | Level 2 [Member]
Investments in:
Excess mortgage servicing rights, at fair value	[2]	0
Excess mortgage servicing rights, equity method investees, at fair value	[2]	0
Servicer advances, at fair value		0
Real estate securities, available-for-sale		1,503,164
Residential mortgage loans, held-for-investment		0
Residential mortgage loans, held-for-sale		0
Consumer loans, held-for-investment		0
Derivative assets		4,159
Cash and cash equivalents		0
Restricted cash		0
Other Assets		0
Assets, fair value		1,507,323
Liabilities
Repurchase agreements		6,280,595
Notes and bonds payable		0
Derivative liabilities		16,685
Liabilities, fair value		6,297,280
Recurring Basis [Member] | Fair Value [Member] | Level 3 [Member]
Investments in:
Excess mortgage servicing rights, at fair value	[2]	1,369,341
Excess mortgage servicing rights, equity method investees, at fair value	[2]	185,870
Servicer advances, at fair value		5,037,172
Real estate securities, available-for-sale		4,435,579
Residential mortgage loans, held-for-investment		180,253
Residential mortgage loans, held-for-sale		1,078,905
Consumer loans, held-for-investment		1,694,916
Derivative assets		0
Cash and cash equivalents		0
Restricted cash		0
Other Assets		6,723
Assets, fair value		15,683,551
Liabilities
Repurchase agreements		0
Notes and bonds payable		7,556,186
Derivative liabilities		0
Liabilities, fair value		$ 7,556,186

[1] New Residential’s Condensed Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, the Buyer (Note 6) and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advances and consumer loans, respectively, financed with notes and bonds payable. The Buyer’s balance sheet is included in Note 6 and the Consumer Loan SPVs’ balance sheet is included in Note 9. The creditors of the Buyer and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations.

[2] The notional amount represents the total unpaid principal balance of the residential mortgage loans underlying the MSRs and Excess MSRs. New Residential does not receive an excess mortgage servicing amount on non-performing loans in Agency portfolios.