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INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Schedule of Residential Mortgage Loans Outstanding by Loan Type, Excluding REO and Linked Transactions (Footnote) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Feb. 27, 2013
Mortgage Loans on Real Estate [Line Items]      
Threshold period, loans past due 30 days    
Net unamortized discounts and premiums $ 15.2us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet    
Residential Mortgage Loan [Member]      
Mortgage Loans on Real Estate [Line Items]      
Residential mortgage loans, federal income tax basis 1,159.1us-gaap_MortgageLoansOnRealEstateFederalIncomeTaxBasis1
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ResidentialMortgageBackedSecuritiesLoanMember
33.9us-gaap_MortgageLoansOnRealEstateFederalIncomeTaxBasis1
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ResidentialMortgageBackedSecuritiesLoanMember
 
Reverse Mortgage Loans [Member]      
Mortgage Loans on Real Estate [Line Items]      
Interest in reverse mortgage loans 70.00%nrz_PercentageOfInvestmentOwned
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember
  70.00%nrz_PercentageOfInvestmentOwned
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember
Total unpaid principal balance 0.3nrz_MortgageLoansonRealEstateUnpaidBalance
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember
0.2nrz_MortgageLoansonRealEstateUnpaidBalance
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember
 
Percentage of loans that have reached a termination event 77.00%nrz_PercentageOfLoansThatHaveReachedTerminationEvent
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember
82.00%nrz_PercentageOfLoansThatHaveReachedTerminationEvent
/ us-gaap_MortgageLoansOnRealEstateLoanTypeAxis
= nrz_ReverseMortgageLoansMember
 
Maximum [Member] | Performing Loans [Member]      
Mortgage Loans on Real Estate [Line Items]      
Threshold period, loans past due 30 days    
Greater than 60 Days Past Due [Member]      
Mortgage Loans on Real Estate [Line Items]      
Number of investments on non-accrual status $ 2.3us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus
/ nrz_FinancingReceivablesPeriodPastDueAxis
= nrz_FinancingReceivablesGreaterthan60DaysPastDueMember