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OTHER INCOME, ASSETS AND LIABILITIES - Schedule of Other Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Other Assets    
Margin receivable, net $ 64,557 $ 55,481
Other receivables 9,986 16,350
Principal and interest receivable 54,776 52,738
Receivable from government agency 48,356 54,706
Call rights 337 337
Derivative assets 4,159 6,762
Servicing fee receivables 21,621 7,405
Ginnie Mae EBO servicer advance receivable, net 13,184 14,829
Due from servicers 23,064 22,134
Servicer advances receivable, net [1] 104,764 81,582
Investment in consumer loans, equity method investees   0
Prepaid expenses 9,257 9,487
Other assets 8,089 4,269
Prepaid expense and other assets 403,464 326,080
Accrued Expenses and Other Liabilities    
Interest payable 22,821 23,108
Accounts payable 40,651 31,299
Derivative liabilities 16,685 3,021
Current taxes payable 4,517 2,314
Due to servicers 63,977 77,148
MSR purchase price holdback 120,437 60,436
Other liabilities 7,010 8,118
Accrued Expenses and Other Liabilities $ 276,098 $ 205,444
[1] Represents Servicer Advances due to New Residential’s licensed servicer subsidiary, New Residential Mortgage LLC (Note 5).