DEBT OBLIGATIONS (Details Narrative) (USD $)	6 Months Ended			6 Months Ended			0 Months Ended		6 Months Ended		1 Months Ended																			6 Months Ended									6 Months Ended													6 Months Ended				6 Months Ended		0 Months Ended						0 Months Ended				0 Months Ended		1 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Jun. 30, 2014 Repurchase Agreements	Jun. 30, 2014 NRART Master Trust Prepaid Variable Funding Notes	Jun. 30, 2014 NRART Master Trust Prepaid Term Notes	May 30, 2014 Non-Agency RMBS	Mar. 06, 2014 Non-Agency RMBS	Jun. 30, 2014 Non-Agency RMBS	May 30, 2014 Non-Agency RMBS	Mar. 31, 2014 Lower Range NRART Master Trust Prepaid Variable Funding Notes	Mar. 31, 2014 Upper Range NRART Master Trust Prepaid Variable Funding Notes	Jun. 30, 2014 Total Repurchase Agreements	Jun. 30, 2014 Total Repurchase Agreements Repurchase Agreements		Jun. 30, 2014 Agency RMBS Repurchase Agreements Repurchase Agreements		Jun. 30, 2014 Agency RMBS Repurchase Agreements Mizuho	Jun. 30, 2014 Agency RMBS Repurchase Agreements Morgan Stanley	Jun. 30, 2014 Agency RMBS Repurchase Agreements Daiwa	Jun. 30, 2014 Agency RMBS Repurchase Agreements Jefferies	Jun. 30, 2014 Non-agency RMBS Repurchase Agreements Repurchase Agreements		Jun. 30, 2014 Non-agency RMBS Repurchase Agreements Barclays	Jun. 30, 2014 Non-agency RMBS Repurchase Agreements Credit Suisse	Jun. 30, 2014 Non-agency RMBS Repurchase Agreements Royal Bank of Scotland	Jun. 30, 2014 Non-agency RMBS Repurchase Agreements Bank of America	Jun. 30, 2014 Non-agency RMBS Repurchase Agreements Goldman Sachs	Jun. 30, 2014 Non-agency RMBS Repurchase Agreements UBS	Jun. 30, 2014 Non-agency RMBS Master Repurchase Agreement	Jun. 30, 2014 Consumer Loans Repurchase Agreements	Jun. 30, 2014 Consumer Loans Repurchase Agreements Repurchase Agreements		Jun. 30, 2014 Real Estate Owned(G) Repurchase Agreements		Jun. 30, 2014 Real Estate Owned(G) Credit Suisse	Jun. 30, 2014 Real Estate Owned(G) Royal Bank of Scotland	Jun. 30, 2014 Real Estate Owned(G) Nomura	Jun. 30, 2014 Secured Corporate Loan Lower Range	Jun. 30, 2014 Secured Corporate Loan Upper Range	Jun. 30, 2014 Residential Mortgage Loans(E)	Jun. 30, 2014 Residential Mortgage Loans(E) Notes Payable, Other Payables		Jun. 30, 2014 Residential Mortgage Loans(E) Repurchase Agreements		Jun. 30, 2014 Residential Mortgage Loans(E) Royal Bank of Scotland	Jun. 30, 2014 Residential Mortgage Loans(E) Citibank	Jun. 30, 2014 Residential Mortgage Loans(E) Nomura	Jun. 30, 2014 Residential Mortgage Loans		Jan. 08, 2014 Master Credit Suisse Repurchase Agreement	Jun. 30, 2014 Servicer Advance Notes		Jun. 30, 2014 Servicer Advance Notes Notes Payable, Other Payables		Jun. 30, 2014 Repurchase Agreement Maturing January 14, 2015	Jan. 15, 2014 Repurchase Agreement Maturing January 14, 2015	Jun. 30, 2014 London Interbank Offered Rate (LIBOR) Master Credit Suisse Repurchase Agreement	Jan. 08, 2014 London Interbank Offered Rate (LIBOR) Master Credit Suisse Repurchase Agreement	Jan. 15, 2014 London Interbank Offered Rate (LIBOR) Repurchase Agreement Maturing January 14, 2015	May 15, 2014 Merrill Lynch, Pierce Fenner & Smith [Member] Non-agency RMBS Repurchase Agreements	May 02, 2014 Morgan Stanley Servicer Advances	May 15, 2014 Citibank Residential Mortgage Loans(E)	May 15, 2014 Citibank London Interbank Offered Rate (LIBOR) Residential Mortgage Loans(E)	May 30, 2014 Nomura Repurchase Agreements	May 30, 2014 Nomura Repurchase Agreements	May 28, 2014 Nomura Repurchase Agreements	Jun. 24, 2014 Nomura Residential Mortgage Loans(E)	Jun. 24, 2014 Nomura Residential Mortgage Loans(E)	Jun. 30, 2014 Credit Suisse	Jun. 30, 2014 Linked transactions [Member] Residential Mortgage Loans		Jun. 30, 2014 TBA Short Positions
Debt Instrument [Line Items]
Interest payable	$ 2,185,000		$ 4,010,000										$ 100,000
Repurchase agreements																		145,100,000	218,500,000	296,500,000	522,200,000			21,600,000	50,700,000	33,900,000	1,900,000	27,600,000	13,500,000							2,500,000	7,000,000	1,300,000								6,400,000	17,100,000	324,500,000
Outstanding Face Amount	5,104,627,000				1,100,000,000	1,000,000,000								1,815,182,000	[1]	1,182,244,000	[2]					149,110,000	[3]									125,000,000	[4]	10,795,000	[5]							23,915,000	[6]	348,033,000	[7]						150,000,000			3,265,530,000	[8]		25,300,000				415,000,000	617,500,000	48,400,000			21,600,000	478,700,000		85,300,000
Proceeds from sale of Non-Agency RMBS	1,273,190,000	4,421,000					598,500,000
Carrying Value	5,104,627,000													1,815,182,000	[1]	1,182,244,000	[2]					149,110,000	[3]							48,600,000		125,000,000	[4]	10,795,000	[5]							23,915,000	[6]	348,033,000					82,151,000	[9]		3,265,530,000	[10]	3,265,530,000	[8]																65,100,000	[9]
Variable Interest Rate Spread											1.375%	2.50%																		1.75%	2.00%								1.30%	2.50%	3.25%																	2.00%	4.00%	3.00%				2.75%	2.75%			2.75%
Debt Instrument, Debt Covenant, Default Provision, Equity, Percentage Decline With No Tangible Net Equity Provision																																																								50.00%
Debt Instrument, Debt Covenant, Default Provision, Equity, Percentage Decline With Tangible Net Equity Provision																																																								35.00%
Debt Instrument, Debt Covenant, Default Provision, Tangible Net Equity Provision																																																								4
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure				1,800,000,000
Face amount of fixed rate debt																																																						1,100,000,000
Face amount of securities purchased								625,000,000	1,400,000,000
Derivative Asset, Notional Amount																																																																									10,000,000
Interest rate						2.00%																																																								2.10%
Purchase of Non-Agency RMBS	1,057,464,000	124,176,000						553,000,000	882,000,000
Percentage of mezzanine and subordinate tranche purchased								75.00%
Mortgage loans pledged								900,000,000
Unused borrowing capacity fee																																																				0.50%
Payments of secured corporate loan																																																																						69,100,000
Borrowing capacity																																																	600,000,000	[9]		5,661,700,000	[10]																		300,000,000	[9]
Gain (Loss) on Sale of Investments							39,700,000
Amortized cost basis of securities sold										$ 558,800,000

[1] These repurchase agreements had approximately $0.1 million of associated accrued interest payable as of June 30, 2014.

[2] The counterparties of these repurchase agreements are Mizuho ($145.1 million), Morgan Stanley ($218.5 million), Daiwa ($296.5 million) and Jefferies ($522.2 million) and were subject to customary margin call provisions.

[3] The counterparties of these repurchase agreements are Barclays ($21.6 million), Credit Suisse ($50.7 million), Royal Bank of Scotland ($33.9 million), Bank of America ($1.9 million), Goldman Sachs ($27.6 million) and UBS ($13.5 million) and were subject to customary margin call provisions. All of the Non-Agency repurchase agreements have LIBOR-based floating interest rates. Includes $48.6 million borrowed under a master repurchase agreement, which bears interest at one-month LIBOR plus 1.75%.

[4] The repurchase agreement is payable to Credit Suisse and bears interest equal to one-month LIBOR plus 2.0%.

[5] The counterparties of these repurchase agreements are Royal Bank of Scotland ($7.0 million), Credit Suisse ($2.5 million) and Nomura ($1.3 million). All of these repurchase agreements have LIBOR-based floating interest rates.

[6] The note is payable to Nationstar and bears interest equal to one-month LIBOR plus 3.25%.

[7] The counterparties on these repurchase agreements are Nomura ($324.5 million), Citibank ($17.1 million) and Royal Bank of Scotland ($6.4 million). All of these repurchase agreements have LIBOR-based floating interest rates.

[8] $1.1 billion face amount of the notes have a fixed rate while the remaining notes bear interest equal to the sum of (i) a floating rate index rate equal to one-month LIBOR or a cost of funds rate, as applicable, and (ii) a margin ranging from 1.3% to 2.5%.

[9] Includes $300.0 million of borrowing capacity and $65.1 million of balance outstanding related to linked transactions (Note 10).

[10] New Residential’s unused borrowing capacity is available if New Residential has additional eligible collateral to pledge and meets other borrowing conditions. New Residential pays a 0.5% fee on the unused borrowing capacity.