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INVESTMENTS IN REAL ESTATE AND OTHER SECURITIES - Summary of Real Estate Securities in an Unrealized Loss Position (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2018
USD ($)
bond
security
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Debt Securities, Available-for-sale [Line Items]      
Outstanding Face Amount $ 22,152,845 $ 14,822,986  
Other Than Temporary Impairment - Amortized Cost Basis (52,803) (23,821) $ (15,495)
Amortized Cost Basis $ 11,212,428 $ 7,704,765  
Weighted Average Life (Years) 10 months 29 days    
Less than 12 Months      
Debt Securities, Available-for-sale [Line Items]      
Outstanding Face Amount $ 4,843,505    
Before Impairment - Amortized Cost Basis 1,996,349    
Other Than Temporary Impairment - Amortized Cost Basis (5,996)    
Amortized Cost Basis 1,990,353    
Gross Unrealized Losses - Less than Twelve Months (67,215)    
Carrying Value - Less than Twelve Months $ 1,923,138    
Number of Securities - Less than Twelve Months | security 181    
Weighted Average Rating CCC+    
Weighted Average Coupon 3.46%    
Weighted Average Yield 5.02%    
Weighted Average Life (Years) 6 years 3 months 6 days    
Number of bonds which New Residential was unable to obtain rating information | bond 40    
12 or More Months      
Debt Securities, Available-for-sale [Line Items]      
Outstanding Face Amount $ 1,411,991    
Before Impairment - Amortized Cost Basis 450,391    
Other Than Temporary Impairment - Amortized Cost Basis (831)    
Amortized Cost Basis 449,560    
Gross Unrealized Losses - Twelve or More Months (34,237)    
Carrying Value - Twelve or More Months $ 415,323    
Number of Securities - Twelve or More Months | security 76    
Weighted Average Rating BB-    
Weighted Average Coupon 1.90%    
Weighted Average Yield 6.66%    
Weighted Average Life (Years) 5 years 3 months 5 days    
Number of bonds which New Residential was unable to obtain rating information | bond 19    
Total/Weighted Average      
Debt Securities, Available-for-sale [Line Items]      
Outstanding Face Amount $ 6,255,496    
Before Impairment - Amortized Cost Basis 2,446,740    
Other Than Temporary Impairment - Amortized Cost Basis (6,827)    
Amortized Cost Basis 2,439,913    
Gross Unrealized Losses - Total/Weighted Average (101,452)    
Carrying Value - Total/Weighted Average $ 2,338,461    
Number of Securities - Total/Weighted Average | security 257    
Weighted Average Rating B-    
Weighted Average Coupon 3.17%    
Weighted Average Yield 5.32%    
Weighted Average Life (Years) 6 years 30 days