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INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Real Estate Securities in an Unrealized Loss Position (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2017
USD ($)
bond
security
Dec. 31, 2016
USD ($)
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount $ 10,515,848  
Other Than Temporary Impairment - Amortized Cost Basis (17,257) $ (15,495)
After Impairment - Amortized Cost Basis 5,779,840  
Carrying Value - Total $ 5,938,743  
Weighted Average Life (Years) 1 year 6 months 23 days  
Number of bonds which New Residential was unable to obtain rating information | bond 204  
Securities in an Unrealized Loss Position Less than Twelve Months [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount $ 1,481,506  
Before Impairment - Amortized Cost Basis 761,309  
Other Than Temporary Impairment - Amortized Cost Basis [1] (1,313)  
After Impairment - Amortized Cost Basis 759,996  
Gross Unrealized Losses - Less than Twelve Months (13,192)  
Carrying Value - Less than Twelve Months $ 746,804  
Number of Securities - Less than Twelve Months | security 183  
Weighted Average Rating [2] CCC+  
Weighted Average Coupon 1.62%  
Weighted Average Yield 5.26%  
Weighted Average Life (Years) 7 years 8 months 23 days  
Number of bonds which New Residential was unable to obtain rating information | bond 78  
Securities in an Unrealized Loss Position Twelve Months or More [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount $ 906,464  
Before Impairment - Amortized Cost Basis 281,437  
Other Than Temporary Impairment - Amortized Cost Basis [1] (701)  
After Impairment - Amortized Cost Basis 280,736  
Gross Unrealized Losses - Twelve or More Months (14,105)  
Carrying Value - Twelve or More Months $ 266,631  
Number of Securities - Twelve or More Months | security 47  
Weighted Average Rating [2] BBB  
Weighted Average Coupon 2.20%  
Weighted Average Yield 3.95%  
Weighted Average Life (Years) 5 years 10 months 10 days  
Number of bonds which New Residential was unable to obtain rating information | bond 10  
Securities in a Loss Position [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount $ 2,387,970  
Before Impairment - Amortized Cost Basis 1,042,746  
Other Than Temporary Impairment - Amortized Cost Basis [1] (2,014)  
After Impairment - Amortized Cost Basis 1,040,732  
Gross Unrealized Losses - Total (27,297)  
Carrying Value - Total $ 1,013,435  
Number of Securities - Total | security 230  
Weighted Average Rating [2] B  
Weighted Average Coupon 1.78%  
Weighted Average Yield 4.91%  
Weighted Average Life (Years) 7 years 2 months 22 days  
[1] This amount represents OTTI recorded on securities that are in an unrealized loss position as of March 31, 2017.
[2] The weighted average rating of securities in an unrealized loss position for less than 12 months excludes the rating of 78 bonds which either have never been rated or for which rating information is no longer provided. The weighted average rating of securities in an unrealized loss position for 12 or more months excludes the rating of 10 bonds which either have never been rated or for which rating information is no longer provided.