INVESTMENTS IN CONSUMER LOANS - Consumer Loan Equity Method Investments (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Schedule of Equity Method Investments [Line Items]
Carrying Value	[1]	$ 1,374,263	$ 1,799,486
Weighted Average Life (Years)		1 year 2 months 2 days
Consumer Portfolio Segment
Schedule of Equity Method Investments [Line Items]
UPB of Underlying Mortgages		$ 10,900
Consumer Portfolio Segment | LoanCo
Schedule of Equity Method Investments [Line Items]
UPB of Underlying Mortgages		$ 178,422
Interest in Consumer Loans		25.00%
Carrying Value		$ 178,422
Weighted Average Coupon		15.10%
Weighted Average Life (Years)		1 year 5 months 4 days
Weighted Average Delinquency		0.40%

[1] New Residential’s Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, the Buyer (Note 6), the RPL Borrowers (Note 8), and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advance Investments, residential mortgage loans, and consumer loans, respectively, financed with notes and bonds payable. The balance sheets of the Buyer, the RPL Borrowers, and the Consumer Loan SPVs are included in Notes 6, 8, and 9, respectively. The creditors of the Buyer, the RPL Borrowers, and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer, the RPL Borrowers, and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations.