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DEBT OBLIGATIONS - Schedule of Debt Obligations - Carrying Value (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Debt Instrument [Roll Forward]      
Beginning balance [1] $ 6,057,853 [2] $ 4,109,329  
Borrowings 9,607,475 6,412,137 $ 2,634,990
Repayments (8,798,578) (4,869,799) (2,271,765)
Ending balance 11,292,622 [2] 6,057,853 [1],[2] 4,109,329 [1]
Servicer Advances [Member]      
Debt Instrument [Roll Forward]      
Beginning balance [1],[3] 2,885,784 2,390,778  
Ending balance [3] 7,047,061 2,885,784 [1] 2,390,778 [1]
Real Estate Securities [Member]      
Debt Instrument [Roll Forward]      
Beginning balance [1] 2,246,651 1,620,711  
Ending balance 3,017,157 2,246,651 [1] 1,620,711 [1]
Real Estate Loans and REO [Member]      
Debt Instrument [Roll Forward]      
Beginning balance [1] 925,418 22,840  
Ending balance 1,004,980 925,418 [1] 22,840 [1]
Other Debt [Member]      
Debt Instrument [Roll Forward]      
Beginning balance [1] 0 75,000  
Ending balance 223,424 0 [1] $ 75,000 [1]
ASU 2014-11 [Member]      
Debt Instrument [Roll Forward]      
Retrospective adjustment for adoption of ASU 2,310    
Adoption of ASU (146,741) 0  
Repurchase Agreements [Member]      
Debt Instrument [Roll Forward]      
Borrowings 9,607,475 6,299,735  
Repayments (8,798,578) (4,771,356)  
Repurchase Agreements [Member] | Servicer Advances [Member]      
Debt Instrument [Roll Forward]      
Borrowings [3] 0 0  
Repayments [3] 0 0  
Repurchase Agreements [Member] | Real Estate Securities [Member]      
Debt Instrument [Roll Forward]      
Borrowings 7,649,261 4,122,434  
Repayments (6,963,404) (3,496,494)  
Repurchase Agreements [Member] | Real Estate Loans and REO [Member]      
Debt Instrument [Roll Forward]      
Beginning balance [2],[4],[5] 867,334    
Borrowings 1,915,056 2,027,301  
Repayments (1,832,462) (1,124,862)  
Ending balance [2],[4],[5] 907,993 867,334  
Repurchase Agreements [Member] | Other Debt [Member]      
Debt Instrument [Roll Forward]      
Borrowings 43,158 150,000  
Repayments (2,712) (150,000)  
Repurchase Agreements [Member] | ASU 2015-03 [Member]      
Debt Instrument [Roll Forward]      
Adoption of ASU (888)    
Repurchase Agreements [Member] | ASU 2015-03 [Member] | Servicer Advances [Member]      
Debt Instrument [Roll Forward]      
Adoption of ASU [3] 0    
Repurchase Agreements [Member] | ASU 2015-03 [Member] | Real Estate Securities [Member]      
Debt Instrument [Roll Forward]      
Adoption of ASU 0    
Repurchase Agreements [Member] | ASU 2015-03 [Member] | Real Estate Loans and REO [Member]      
Debt Instrument [Roll Forward]      
Adoption of ASU (888)    
Repurchase Agreements [Member] | ASU 2015-03 [Member] | Other Debt [Member]      
Debt Instrument [Roll Forward]      
Adoption of ASU 0    
Repurchase Agreements [Member] | ASU 2014-11 [Member]      
Debt Instrument [Roll Forward]      
Modified retrospective adjustment for adoption of ASU 85,955    
Repurchase Agreements [Member] | ASU 2014-11 [Member] | Servicer Advances [Member]      
Debt Instrument [Roll Forward]      
Modified retrospective adjustment for adoption of ASU [3] 0    
Repurchase Agreements [Member] | ASU 2014-11 [Member] | Real Estate Securities [Member]      
Debt Instrument [Roll Forward]      
Modified retrospective adjustment for adoption of ASU 84,649    
Repurchase Agreements [Member] | ASU 2014-11 [Member] | Real Estate Loans and REO [Member]      
Debt Instrument [Roll Forward]      
Modified retrospective adjustment for adoption of ASU 1,306    
Repurchase Agreements [Member] | ASU 2014-11 [Member] | Other Debt [Member]      
Debt Instrument [Roll Forward]      
Modified retrospective adjustment for adoption of ASU 0    
Notes Payable [Member]      
Debt Instrument [Roll Forward]      
Borrowings 11,634,288 5,841,474  
Repayments (7,286,860) (5,416,883)  
Notes Payable [Member] | Servicer Advances [Member]      
Debt Instrument [Roll Forward]      
Beginning balance [2],[6] 2,885,784    
Borrowings [3] 10,780,237 5,840,232  
Repayments [3] (6,612,372) (5,340,780)  
Ending balance [2],[6] 7,047,061 2,885,784  
Notes Payable [Member] | Real Estate Securities [Member]      
Debt Instrument [Roll Forward]      
Borrowings 0 0  
Repayments 0 0  
Notes Payable [Member] | Real Estate Loans and REO [Member]      
Debt Instrument [Roll Forward]      
Beginning balance [2],[7] 22,194    
Borrowings 1,632 1,242  
Repayments (5,082) (1,103)  
Ending balance [2],[7] 19,529 22,194  
Notes Payable [Member] | Other Debt [Member]      
Debt Instrument [Roll Forward]      
Borrowings 852,419 0  
Repayments (669,406) (75,000)  
Notes Payable [Member] | ASU 2015-03 [Member]      
Debt Instrument [Roll Forward]      
Retrospective adjustment for adoption of ASU   (4,446)  
Adoption of ASU (6,623)    
Notes Payable [Member] | ASU 2015-03 [Member] | Servicer Advances [Member]      
Debt Instrument [Roll Forward]      
Retrospective adjustment for adoption of ASU [3]   (4,446)  
Adoption of ASU [3] (6,588)    
Notes Payable [Member] | ASU 2015-03 [Member] | Real Estate Securities [Member]      
Debt Instrument [Roll Forward]      
Retrospective adjustment for adoption of ASU   0  
Adoption of ASU 0    
Notes Payable [Member] | ASU 2015-03 [Member] | Real Estate Loans and REO [Member]      
Debt Instrument [Roll Forward]      
Retrospective adjustment for adoption of ASU   0  
Adoption of ASU 0    
Notes Payable [Member] | ASU 2015-03 [Member] | Other Debt [Member]      
Debt Instrument [Roll Forward]      
Retrospective adjustment for adoption of ASU   $ 0  
Adoption of ASU $ (35)    
[1] Excludes debt related to linked transactions (Note 10).
[2] Net of deferred financing costs associated with the adoption of ASU No. 2015-03 (Note 2).
[3] New Residential net settles daily borrowings and repayments of the Notes Payable on its Servicer Advances.
[4] All of these repurchase agreements have LIBOR-based floating interest rates.
[5] These repurchase agreements had approximately $4.8 million of associated accrued interest payable as of December 31, 2015.
[6] $2.7 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 1.7% to 2.2%.
[7] The note is payable to Nationstar and bears interest equal to one-month LIBOR plus 2.875%.