INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Schedule of Residential Mortgage Loans Outstanding by Loan Type, Excluding REO (Details) $ in Thousands		3 Months Ended
		Mar. 31, 2017 USD ($) loan	Dec. 31, 2016 USD ($)
Mortgage Loans on Real Estate [Line Items]
Weighted Average Life (Years)		1 year 6 months 23 days
Threshold period past due (in days)		60 days
Reverse Mortgage Loans, Held-For-Investment [Member]
Mortgage Loans on Real Estate [Line Items]
Outstanding Face Amount	[1],[2]	$ 0
Carrying Value	[1],[2]	$ 0	$ 0
Loan Count | loan	[1],[2]	0
Weighted Average Yield	[1],[2]	0.00%
Weighted Average Life (Years)		0 years
Floating Rate Loans as a % of Face Amount	[1],[2]	0.00%
Loan to Value Ratio (LTV)	[1],[2],[3]	0.00%
Weighted Average Delinquency	[1],[2],[4]	0.00%
Performing Loans [Member]
Mortgage Loans on Real Estate [Line Items]
Outstanding Face Amount	[5],[6]	$ 0
Carrying Value	[5],[6]	$ 0	0
Loan Count | loan	[5],[6]	0
Weighted Average Yield	[5],[6]	0.00%
Weighted Average Life (Years)		0 years
Floating Rate Loans as a % of Face Amount	[5],[6]	0.00%
Loan to Value Ratio (LTV)	[3],[5],[6]	0.00%
Weighted Average Delinquency	[4],[5],[6]	0.00%
Weighted Average FICO	[5],[6],[7]	0
Performing Loans [Member] | Ginnie Mae [Member]
Mortgage Loans on Real Estate [Line Items]
Unpaid Principal Balance		$ 36,600
Purchased Credit Deteriorated Loans [Member]
Mortgage Loans on Real Estate [Line Items]
Outstanding Face Amount		194,655
Carrying Value		$ 182,939	190,761
Loan Count | loan		1,104
Weighted Average Yield		5.50%
Weighted Average Life (Years)		2 years 10 months 18 days
Floating Rate Loans as a % of Face Amount		8.30%
Loan to Value Ratio (LTV)	[3]	74.20%
Weighted Average Delinquency	[4]	82.80%
Weighted Average FICO	[7]	589
Residential Mortgage Loans, held-for-investment [Member]
Mortgage Loans on Real Estate [Line Items]
Outstanding Face Amount		$ 194,655
Carrying Value		$ 182,939	190,761
Loan Count | loan		1,104
Weighted Average Yield		5.50%
Weighted Average Life (Years)		2 years 10 months 18 days
Floating Rate Loans as a % of Face Amount		8.30%
Loan to Value Ratio (LTV)	[3]	74.20%
Weighted Average Delinquency	[4]	82.80%
Weighted Average FICO	[7]	589
Reverse Mortgage Loans, Held-For-Sale [Member]
Mortgage Loans on Real Estate [Line Items]
Outstanding Face Amount	[1],[2]	$ 21,677
Carrying Value	[1],[2]	$ 10,813	11,468
Loan Count | loan	[1],[2]	64
Weighted Average Yield	[1],[2]	7.00%
Weighted Average Life (Years)	[1],[2],[8]	4 years 8 months 20 days
Floating Rate Loans as a % of Face Amount	[1],[2]	15.80%
Loan to Value Ratio (LTV)	[1],[2],[3]	137.30%
Weighted Average Delinquency	[1],[2],[4]	73.70%
Performing Loans, held-for-sale [Member]
Mortgage Loans on Real Estate [Line Items]
Outstanding Face Amount	[5],[6]	$ 481,608
Carrying Value	[5],[6]	$ 483,106	175,194
Loan Count | loan	[5],[6]	7,467
Weighted Average Yield	[5],[6]	4.30%
Weighted Average Life (Years)	[5],[6],[8]	5 years 1 month 27 days
Floating Rate Loans as a % of Face Amount	[5],[6]	8.40%
Loan to Value Ratio (LTV)	[3],[5],[6]	63.00%
Weighted Average Delinquency	[4],[5],[6]	2.60%
Weighted Average FICO	[5],[6],[7]	660
Non-Performing Loans, held-for-sale [Member]
Mortgage Loans on Real Estate [Line Items]
Outstanding Face Amount	[9]	$ 771,338
Carrying Value	[9]	$ 564,265	510,003
Loan Count | loan	[9]	4,527
Weighted Average Yield	[9]	5.70%
Weighted Average Life (Years)	[8],[9]	3 years 19 days
Floating Rate Loans as a % of Face Amount	[9]	18.50%
Loan to Value Ratio (LTV)	[3],[9]	100.40%
Weighted Average Delinquency	[4],[9]	68.50%
Weighted Average FICO	[7],[9]	573
Residential Mortgage Loans Held-for-Sale [Member]
Mortgage Loans on Real Estate [Line Items]
Outstanding Face Amount		$ 1,274,623
Carrying Value		$ 1,058,184	$ 696,665
Loan Count | loan		12,058
Weighted Average Yield		5.20%
Weighted Average Life (Years)	[8]	3 years 10 months 16 days
Floating Rate Loans as a % of Face Amount		14.60%
Loan to Value Ratio (LTV)	[3]	86.50%
Weighted Average Delinquency	[4]	43.70%
Weighted Average FICO	[7]	607
Reverse Mortgage Loans [Member]
Mortgage Loans on Real Estate [Line Items]
Interest in reverse mortgage loans		70.00%
Unpaid principal balance		$ 500
Percentage of loans that have reached a termination event		61.00%
Non-Performing Loans [Member] | Ginnie Mae [Member]
Mortgage Loans on Real Estate [Line Items]
Unpaid Principal Balance		$ 76,700

[1] FICO scores are not used in determining how much a borrower can access via a reverse mortgage loan.

[2] Represents a 70% participation interest that New Residential holds in a portfolio of reverse mortgage loans. The average loan balance outstanding based on total UPB was $0.5 million. Approximately 61% of these loans have reached a termination event. As a result of the termination event, each such loan has matured and the borrower can no longer make draws on these loans.

[3] LTV refers to the ratio comparing the loan’s unpaid principal balance to the value of the collateral property.

[4] Represents the percentage of the total principal balance that is 60+ days delinquent.

[5] Includes loans with evidence of credit deterioration since origination where it is probable that New Residential will not collect all contractually required principal and interest payments. As of March 31, 2017, New Residential has placed Non-Performing Loans, held-for-sale on nonaccrual status, except as described in (I) below.

[6] Performing loans are generally placed on nonaccrual status when principal or interest is 120 days or more past due.

[7] The weighted average FICO score is based on the weighted average of information updated and provided by the loan servicer on a monthly basis.

[8] The weighted average life is based on the expected timing of the receipt of cash flows.

[9] Includes $36.6 million and $76.7 million UPB of Ginnie Mae EBO performing and non-performing loans, respectively, on accrual status as contractual cash flows are guaranteed by the FHA.