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SEGMENT REPORTING (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Segment Reporting Information [Line Items]          
Interest income $ 397,722 $ 282,388 $ 1,162,212 $ 749,901  
Interest expense 125,278 96,488 338,664 278,401  
Net interest income (expense) 272,444 185,900 823,548 471,500  
Impairment 28,209 20,040 74,117 49,683  
Servicing revenue, net 58,014 0 269,467 0  
Other income (loss) 87,145 26,701 141,298 38,900  
Operating expenses 117,060 40,575 324,861 101,871  
Income (Loss) Before Income Taxes 272,334 151,986 835,335 358,846  
Income tax expense (benefit) 32,613 20,900 121,053 18,195  
Net Income (Loss) 239,721 131,086 714,282 340,651  
Noncontrolling interests in income (loss) of consolidated subsidiaries 13,600 32,178 45,051 61,355  
Net income (loss) attributable to common stockholders 226,121 98,908 669,231 279,296  
Investments 18,174,248   18,174,248    
Cash and cash equivalents 279,760   279,760    
Restricted cash 152,047   152,047   $ 163,095
Other assets 2,798,778   2,798,778    
Total assets 21,404,833   21,404,833   18,399,529
Debt 15,084,995   15,084,995   13,181,236
Other liabilities 1,640,634   1,640,634    
Total liabilities 16,725,629   16,725,629   14,931,352
Total equity 4,679,204   4,679,204   3,468,177
Noncontrolling interests in equity of consolidated subsidiaries 107,592   107,592   208,077
Total New Residential stockholders’ equity 4,571,612   4,571,612   $ 3,260,100
Investments in equity method investees 221,955   221,955    
Excess MSRs          
Segment Reporting Information [Line Items]          
Interest income 25,691 30,617 75,237 106,848  
Interest expense 10,225 4,002 29,302 12,117  
Net interest income (expense) 15,466 26,615 45,935 94,731  
Impairment 0 0 0 0  
Servicing revenue, net 0 0 0 0  
Other income (loss) (12,034) (10,052) (25,049) (14,234)  
Operating expenses 152 536 350 1,066  
Income (Loss) Before Income Taxes 3,280 16,027 20,536 79,431  
Income tax expense (benefit) 0 0 0 0  
Net Income (Loss) 3,280 16,027 20,536 79,431  
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0 0 0  
Net income (loss) attributable to common stockholders 3,280 16,027 20,536 79,431  
Investments 1,353,941   1,353,941    
Cash and cash equivalents 210   210    
Restricted cash 12,360   12,360    
Other assets 8,757   8,757    
Total assets 1,375,268   1,375,268    
Debt 583,415   583,415    
Other liabilities 1,042   1,042    
Total liabilities 584,457   584,457    
Total equity 790,811   790,811    
Noncontrolling interests in equity of consolidated subsidiaries 0   0    
Total New Residential stockholders’ equity 790,811   790,811    
Investments in equity method investees 175,633   175,633    
MSRs          
Segment Reporting Information [Line Items]          
Interest income 31,707   34,267    
Interest expense 15,262   26,849    
Net interest income (expense) 16,445   7,418    
Impairment 0   0    
Servicing revenue, net 58,014   269,467    
Other income (loss) 70,047   75,856    
Operating expenses 53,634   132,675    
Income (Loss) Before Income Taxes 90,872   220,066    
Income tax expense (benefit) 11,156   (789)    
Net Income (Loss) 79,716   220,855    
Noncontrolling interests in income (loss) of consolidated subsidiaries 0   0    
Net income (loss) attributable to common stockholders 79,716   220,855    
Investments 2,310,145   2,310,145    
Cash and cash equivalents 132,361   132,361    
Restricted cash 28,839   28,839    
Other assets 712,765   712,765    
Total assets 3,184,110   3,184,110    
Debt 1,672,101   1,672,101    
Other liabilities 241,919   241,919    
Total liabilities 1,914,020   1,914,020    
Total equity 1,270,090   1,270,090    
Noncontrolling interests in equity of consolidated subsidiaries 0   0    
Total New Residential stockholders’ equity 1,270,090   1,270,090    
Investments in equity method investees 0   0    
Servicer Advances          
Segment Reporting Information [Line Items]          
Interest income 130,796 101,359 451,808 265,119  
Interest expense 35,931 54,802 120,527 176,672  
Net interest income (expense) 94,865 46,557 331,281 88,447  
Impairment 0 0 0 0  
Servicing revenue, net 0 0 0 0  
Other income (loss) 18,732 21,430 75,307 9,103  
Operating expenses 1,212 1,029 2,641 3,076  
Income (Loss) Before Income Taxes 112,385 66,958 403,947 94,474  
Income tax expense (benefit) 31,097 16,348 128,836 13,743  
Net Income (Loss) 81,288 50,610 275,111 80,731  
Noncontrolling interests in income (loss) of consolidated subsidiaries 1,224 18,853 10,372 33,400  
Net income (loss) attributable to common stockholders 80,064 31,757 264,739 47,331  
Investments 4,044,802   4,044,802    
Cash and cash equivalents 74,993   74,993    
Restricted cash 60,615   60,615    
Other assets 44,312   44,312    
Total assets 4,224,722   4,224,722    
Debt 3,567,862   3,567,862    
Other liabilities 23,542   23,542    
Total liabilities 3,591,404   3,591,404    
Total equity 633,318   633,318    
Noncontrolling interests in equity of consolidated subsidiaries 73,316   73,316    
Total New Residential stockholders’ equity 560,002   560,002    
Investments in equity method investees 0   0    
Real Estate Securities          
Segment Reporting Information [Line Items]          
Interest income 114,181 58,855 321,464 172,982  
Interest expense 35,211 13,008 85,663 31,425  
Net interest income (expense) 78,970 45,847 235,801 141,557  
Impairment 1,509 1,765 8,736 7,838  
Servicing revenue, net 0 0 0 0  
Other income (loss) (6,035) 1,392 (27,005) (59,472)  
Operating expenses 351 369 979 1,307  
Income (Loss) Before Income Taxes 71,075 45,105 199,081 72,940  
Income tax expense (benefit) 0 0 0 0  
Net Income (Loss) 71,075 45,105 199,081 72,940  
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0 0 0  
Net income (loss) attributable to common stockholders 71,075 45,105 199,081 72,940  
Investments 6,714,846   6,714,846    
Cash and cash equivalents 3,341   3,341    
Restricted cash 0   0    
Other assets 1,840,028   1,840,028    
Total assets 8,558,215   8,558,215    
Debt 6,003,165   6,003,165    
Other liabilities 1,092,745   1,092,745    
Total liabilities 7,095,910   7,095,910    
Total equity 1,462,305   1,462,305    
Noncontrolling interests in equity of consolidated subsidiaries 0   0    
Total New Residential stockholders’ equity 1,462,305   1,462,305    
Investments in equity method investees 0   0    
Residential Mortgage Loans          
Segment Reporting Information [Line Items]          
Interest income 31,645 13,947 75,276 47,712  
Interest expense 15,487 6,153 34,655 20,447  
Net interest income (expense) 16,158 7,794 40,621 27,265  
Impairment 14,099 (291) 17,342 7,309  
Servicing revenue, net 0 0 0 0  
Other income (loss) 2,653 13,931 22,491 22,295  
Operating expenses 9,759 4,251 24,018 11,194  
Income (Loss) Before Income Taxes (5,047) 17,765 21,752 31,057  
Income tax expense (benefit) (9,640) 4,556 (7,164) 4,377  
Net Income (Loss) 4,593 13,209 28,916 26,680  
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0 0 0  
Net income (loss) attributable to common stockholders 4,593 13,209 28,916 26,680  
Investments 2,236,259   2,236,259    
Cash and cash equivalents 4,747   4,747    
Restricted cash 0   0    
Other assets 126,767   126,767    
Total assets 2,367,773   2,367,773    
Debt 1,830,731   1,830,731    
Other liabilities 34,542   34,542    
Total liabilities 1,865,273   1,865,273    
Total equity 502,500   502,500    
Noncontrolling interests in equity of consolidated subsidiaries 0   0    
Total New Residential stockholders’ equity 502,500   502,500    
Investments in equity method investees 0   0    
Consumer Loans          
Segment Reporting Information [Line Items]          
Interest income 63,527 77,231 203,631 155,541  
Interest expense 13,162 18,523 41,668 37,740  
Net interest income (expense) 50,365 58,708 161,963 117,801  
Impairment 12,601 18,566 48,039 34,536  
Servicing revenue, net 0 0 0 0  
Other income (loss) 6,796 0 12,712 81,193  
Operating expenses 10,764 11,976 33,746 26,194  
Income (Loss) Before Income Taxes 33,796 28,166 92,890 138,264  
Income tax expense (benefit) 0 0 170 75  
Net Income (Loss) 33,796 28,166 92,720 138,189  
Noncontrolling interests in income (loss) of consolidated subsidiaries 12,376 13,325 34,679 27,955  
Net income (loss) attributable to common stockholders 21,420 14,841 58,041 110,234  
Investments 1,514,255   1,514,255    
Cash and cash equivalents 33,430   33,430    
Restricted cash 50,233   50,233    
Other assets 31,632   31,632    
Total assets 1,629,550   1,629,550    
Debt 1,427,721   1,427,721    
Other liabilities 6,308   6,308    
Total liabilities 1,434,029   1,434,029    
Total equity 195,521   195,521    
Noncontrolling interests in equity of consolidated subsidiaries 34,276   34,276    
Total New Residential stockholders’ equity 161,245   161,245    
Investments in equity method investees 46,322   46,322    
Corporate          
Segment Reporting Information [Line Items]          
Interest income 175 379 529 1,699  
Interest expense 0 0 0 0  
Net interest income (expense) 175 379 529 1,699  
Impairment 0 0 0 0  
Servicing revenue, net 0 0 0 0  
Other income (loss) 6,986 0 6,986 15  
Operating expenses 41,188 22,414 130,452 59,034  
Income (Loss) Before Income Taxes (34,027) (22,035) (122,937) (57,320)  
Income tax expense (benefit) 0 (4) 0 0  
Net Income (Loss) (34,027) (22,031) (122,937) (57,320)  
Noncontrolling interests in income (loss) of consolidated subsidiaries 0 0 0 0  
Net income (loss) attributable to common stockholders (34,027) $ (22,031) (122,937) $ (57,320)  
Investments 0   0    
Cash and cash equivalents 30,678   30,678    
Restricted cash 0   0    
Other assets 34,517   34,517    
Total assets 65,195   65,195    
Debt 0   0    
Other liabilities 240,536   240,536    
Total liabilities 240,536   240,536    
Total equity (175,341)   (175,341)    
Noncontrolling interests in equity of consolidated subsidiaries 0   0    
Total New Residential stockholders’ equity (175,341)   (175,341)    
Investments in equity method investees $ 0   $ 0