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SEGMENT REPORTING
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
At December 31, 2020, New Residential’s reportable segments include (i) Origination, (ii) Servicing, (iii) MSR Related Investments, (iv) Residential Securities and Loans, (v) Consumer Loans and (vi) Corporate. The Corporate segment primarily consists of general and administrative expenses, management fees and incentive compensation related to the Management Agreement, corporate cash and related interest income, unsecured senior notes (Note12) and related interest expense.
 
The following tables summarize segment financial information, which in total reconciles to the same data for New Residential as a whole:
Servicing and OriginationResidential Securities and Loans
OriginationServicingMSR Related Investments
Eliminations(A)
Total Servicing and OriginationReal Estate
Securities		Residential Mortgage LoansConsumer
Loans		CorporateTotal
Year Ended December 31, 2020
Interest income$63,160 $8,288 $374,698 $— $446,146 $355,916 $175,963 $124,512 $— $1,102,537 
Servicing revenue, net(11,519)417,438 (743,987)(216,973)(555,041)— — — — (555,041)
Gain on originated mortgage loans, held-for-sale, net1,289,584 1,722 69,714 39,532 1,400,552 (13,398)11,938 — — 1,399,092 
Total revenues1,341,225 427,448 (299,575)(177,441)1,291,657 342,518 187,901 124,512 — 1,946,588 
Interest expense45,676 495 233,619 — 279,790 157,371 87,958 22,587 36,763 584,469 
G&A and other494,398 294,594 446,469 (216,973)1,018,488 7,639 62,900 10,301 109,893 1,209,221 
Total operating expenses540,074 295,089 680,088 (216,973)1,298,278 165,010 150,858 32,888 146,656 1,793,690 
Change in fair value of investments— — (298,126)— (298,126)(25,012)(107,604)(6,384)— (437,126)
Gain (loss) on settlement of investments, net— — (16,713)— (16,713)(828,525)(19,655)(4,183)(61,055)(930,131)
Other income (loss), net433 499 37,453 — 38,385 2,333 (3,220)814 (41,109)(2,797)
Total other income (loss)433 499 (277,386)— (276,454)(851,204)(130,479)(9,753)(102,164)(1,370,054)
Impairment— — 141 — 141 13,404 110,067 — — 123,612 
Income (Loss) Before Income Taxes801,584 132,858 (1,257,190)39,532 (283,216)(687,100)(203,503)81,871 (248,820)(1,340,768)
Income tax (benefit) expense211,359 32,810 (162,817)— 81,352 — (65,215)779 — 16,916 
Net Income (Loss)$590,225 $100,048 $(1,094,373)$39,532 $(364,568)$(687,100)$(138,288)$81,092 $(248,820)$(1,357,684)
Noncontrolling interests in income (loss) of consolidated subsidiaries15,625 — 891 — 16,516 — — 36,158 — $52,674 
Dividends on preferred stock— — — — — — — — 54,295 54,295 
Net income (loss) attributable to common stockholders$574,600 $100,048 $(1,095,264)$39,532 $(381,084)$(687,100)$(138,288)$44,934 $(303,115)$(1,464,653)
Servicing and OriginationResidential Securities
and Loans
OriginationServicingMSR Related Investments
Eliminations(A)
Total Servicing and OriginationReal Estate
Securities		Residential Mortgage LoansConsumer
Loans		CorporateTotal
December 31, 2020
Investments$2,947,113 $— $5,534,752 $— $8,481,865 $14,244,558 $3,029,339 $685,575 $— $26,441,337 
Cash and cash equivalents123,124 59,798 412,578 — 595,500 222,372 7,472 3,182 116,328 944,854 
Restricted cash14,826 49,913 28,128 — 92,867 15,652 96 27,004 — 135,619 
Other assets551,910 206,646 4,538,045 — 5,296,601 232,837 86,762 38,465 46,171 5,700,836 
Goodwill11,836 12,540 5,092 — 29,468 — — — — 29,468 
Total assets$3,648,809 $328,897 $10,518,595 $— $14,496,301 $14,715,419 $3,123,669 $754,226 $162,499 $33,252,114 
Debt$2,700,962 $3,285 $5,998,711 $— $8,702,958 $13,473,239 $2,386,919 $628,759 $541,516 $25,733,391 
Other liabilities298,106 89,713 1,520,959 — 1,908,778 20,863 28,577 622 130,199 2,089,039 
Total liabilities2,999,068 92,998 7,519,670 — 10,611,736 13,494,102 2,415,496 629,381 671,715 27,822,430 
Total equity649,741 235,899 2,998,925 — 3,884,565 1,221,317 708,173 124,845 (509,216)5,429,684 
Noncontrolling interests in equity of consolidated subsidiaries19,402 — 43,882 — 63,284 — — 45,384 — 108,668 
Total New Residential stockholders’ equity$630,339 $235,899 $2,955,043 $— $3,821,281 $1,221,317 $708,173 $79,461 $(509,216)$5,321,016 
Investments in equity method investees$— $— $129,873 $— $129,873 $— $— $— $— $129,873 
Servicing and OriginationResidential Securities
and Loans
OriginationServicingMSR Related Investments
Eliminations(A)
Total Servicing and OriginationReal Estate
Securities		Residential Mortgage LoansConsumer
Loans		CorporateTotal
Year Ended December 31, 2019
Interest income$42,166 $34,013 $530,225 $— $606,404 $744,145 $249,673 $165,877 $31 $1,766,130 
Servicing revenue, net(1,605)209,982 225,361 (48,579)385,159 — — — — 385,159 
Gain on originated mortgage loans, held-for-sale, net390,981 1,029 43,914 (51,360)384,564 — 75,543 — — 460,107 
Total revenues431,542 245,024 799,500 (99,939)1,376,127 744,145 325,216 165,877 31 2,611,396 
Interest expense41,949 1,043 246,294 — 289,286 453,609 158,298 32,558 — 933,751 
G&A and other252,458 170,516 310,715 (48,579)685,110 3,160 52,745 22,540 189,780 953,335 
Total operating expenses294,407 171,559 557,009 (48,579)974,396 456,769 211,043 55,098 189,780 1,887,086 
Change in fair value of investments— — (182,440)— (182,440)(54,042)(70,914)— — (307,396)
Gain (loss) on settlement of investments, net— — 8,030 — 8,030 74,927 153,449 (8,425)— 227,981 
Other income (loss), net9,340 5,343 30,760 — 45,443 44 (7,150)(1,574)1,618 38,381 
Total other income (loss)9,340 5,343 (143,650)— (128,967)20,929 75,385 (9,999)1,618 (41,034)
Impairment— — — — — 25,174 (20,607)31,010 — 35,577 
Income (Loss) Before Income Taxes146,475 78,808 98,841 (51,360)272,764 283,131 210,165 69,770 (188,131)647,699 
Income tax (benefit) expense(C)
39,768 21,396 9,565 — 70,729 — (28,461)(502)— 41,766 
Net Income (Loss)$106,707 $57,412 $89,276 $(51,360)$202,035 $283,131 $238,626 $70,272 $(188,131)$605,933 
Noncontrolling interests in income (loss) of consolidated subsidiaries6,231 — 4,255 — 10,486 — — 32,151 — 42,637 
Dividends on Preferred Stock— — — — — — — — 13,281 13,281 
Net income (loss) attributable to common stockholders$100,476 $57,412 $85,021 $(51,360)$191,549 $283,131 $238,626 $38,121 $(201,412)$550,015 
Servicing and OriginationResidential Securities
and Loans
OriginationServicingMSR Related Investments
Eliminations(A)
Total Servicing and OriginationReal Estate
Securities		Residential Mortgage LoansConsumer
Loans		CorporateTotal
December 31, 2019
Investments$1,414,528 $— $6,773,353 $— $8,187,881 $19,477,728 $5,843,983 $827,545 $— $34,337,137 
Cash and cash equivalents77,237 32,225 318,714 — 428,176 87,359 1,180 6,514 5,508 528,737 
Restricted cash6,730 15,769 107,328 — 129,827 — — 32,370 — 162,197 
Other assets250,709 204,723 3,420,122 — 3,875,554 5,590,456 174,940 78,740 85,956 9,805,646 
Goodwill11,836 12,809 5,092 — 29,737 — — — — 29,737 
Total assets$1,761,040 $265,526 $10,624,609 $— $12,651,175 $25,155,543 $6,020,103 $945,169 $91,464 $44,863,454 
Debt$1,304,621 $33,412 $6,646,159 $— $7,984,192 $22,151,110 $4,676,849 $824,222 $— $35,636,373 
Other liabilities117,328 51,264 451,629 — 620,221 980,415 55,121 16,795 318,269 1,990,821 
Total liabilities1,421,949 84,676 7,097,788 — 8,604,413 23,131,525 4,731,970 841,017 318,269 37,627,194 
Total equity339,091 180,850 3,526,821 — 4,046,762 2,024,018 1,288,133 104,152 (226,805)7,236,260 
Noncontrolling interests in equity of consolidated subsidiaries11,354 — 45,025 — 56,379 — — 22,171 — 78,550 
Total New Residential stockholders’ equity$327,737 $180,850 $3,481,796 $— $3,990,383 $2,024,018 $1,288,133 $81,981 $(226,805)$7,157,710 
Investments in equity method investees$— $— $165,848 $— $165,848 $— $— $— $— $165,848