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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Accretion of Discount and Other Amortization (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Accretion of discount and other amortization:      
Accretion of servicer advance interest income $ 190,206nrz_AccretionOfServicerAdvances $ 4,421nrz_AccretionOfServicerAdvances $ 0nrz_AccretionOfServicerAdvances
Accretion of excess mortgage servicing rights income 49,180nrz_AccretionofExcessMortgageServicingRightsIncome 40,921nrz_AccretionofExcessMortgageServicingRightsIncome 27,496nrz_AccretionofExcessMortgageServicingRightsIncome
Accretion of net discount on securities and loans 47,793us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments [1] 14,676us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments [1] 5,339us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments [1]
Amortization of deferred financing costs (8,771)us-gaap_AmortizationOfFinancingCosts (768)us-gaap_AmortizationOfFinancingCosts 0us-gaap_AmortizationOfFinancingCosts
Accretion and other amortization $ 278,408us-gaap_AdjustmentForAmortization $ 59,250us-gaap_AdjustmentForAmortization $ 32,835us-gaap_AdjustmentForAmortization
[1] Includes accretion of the accretable yield on PCI loans.