INVESTMENTS IN CONSUMER LOANS - Consumer Loan Equity Method Investments (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2018	Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]
Carrying Value	[1]	$ 1,305,793	$ 1,374,263
Weighted Average Life (Years)		1 year 4 months 30 days
Consumer Portfolio Segment
Schedule of Equity Method Investments [Line Items]
UPB of Underlying Mortgages		$ 11,500
LoanCo | Consumer Portfolio Segment
Schedule of Equity Method Investments [Line Items]
UPB of Underlying Mortgages		$ 523,714
Interest in Consumer Loans		25.00%
Carrying Value		$ 523,714
Weighted Average Coupon		14.40%
Weighted Average Life (Years)		1 year 4 months 23 days
Weighted Average Delinquency		0.30%

[1] New Residential’s Condensed 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.