INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Real Estate Securities (Details) $ in Thousands							12 Months Ended
		Dec. 31, 2015 USD ($) security		May. 30, 2014 USD ($)	Mar. 06, 2014 USD ($)	Jun. 27, 2013 USD ($)	Dec. 31, 2015 USD ($) security		Dec. 31, 2014 USD ($) security
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		$ 4,418,552					$ 4,418,552		$ 3,542,511
Amortized Cost Basis		2,498,078					2,498,078		2,434,844
Carrying Value		2,501,881					$ 2,501,881		2,463,163
Weighted Average Life (Years)							11 months 14 days
Agency RMBS [Member]
Schedule of Available-for-sale Securities [Line Items]
Face Amount of Securities Purchased		700,000				$ 22,700	$ 5,140,100		1,341,000
Purchase Price of Securities Purchased		700,000					5,333,700		1,399,000
Face amount of securities sold		1,500,000					5,772,500		746,900
Amortized Cost of Securities Sold							5,997,500		791,300
Sale Price of Securities Sold		1,500,000					6,007,600		796,400
Gain on Sale of Securities Sold							10,100		5,100
Outstanding Face Amount	[1],[2]	884,578					884,578		1,646,361
Amortized Cost Basis	[1],[2]	918,633					918,633		1,724,329
Gross Unrealized Gains	[1],[2]	183					183		18,572
Gross Unrealized Losses	[1],[2]	(1,218)					(1,218)		(2,738)
Carrying Value	[1],[2],[3]	$ 917,598					$ 917,598		$ 1,740,163
Number of Securities | security	[1],[2]	28					28		104
Weighted Average Rating	[1],[2],[4]						AAA		AAA
Weighted Average Coupon	[1],[2],[5]	3.28%					3.28%		3.22%
Weighted Average Yield	[1],[2]	2.75%					2.75%		2.22%
Weighted Average Life (Years)	[1],[2],[6]						6 years 7 months 18 days		4 years 11 months 19 days
Non-Agency RMBS [Member]
Schedule of Available-for-sale Securities [Line Items]
Face Amount of Securities Purchased					$ 625,000		$ 2,397,900	[7]	$ 3,187,500
Purchase Price of Securities Purchased							1,288,900	[7]	1,455,800
Face amount of securities sold							476,400	[7]	2,004,300
Amortized Cost of Securities Sold							422,700	[7]	1,228,400
Sale Price of Securities Sold							425,700	[7]	1,289,000
Gain on Sale of Securities Sold				$ 39,700			3,000	[7]	60,600
Outstanding Face Amount	[8],[10]	$ 3,533,974	[9]				3,533,974	[9]	1,896,150
Amortized Cost Basis	[8],[10]	1,579,445	[9]				1,579,445	[9]	710,515
Gross Unrealized Gains	[10]	22,964	[9]				22,964	[9]	15,327
Gross Unrealized Losses	[10]	(18,126)	[9]				(18,126)	[9]	(2,842)
Carrying Value	[3],[10]	$ 1,584,283	[9]				$ 1,584,283	[9]	$ 723,000
Number of Securities | security	[10]	240	[9]				240	[9]	142
Weighted Average Rating	[4],[10]						BB+	[9]	CCC
Weighted Average Coupon	[5],[10]	1.63%	[9]				1.63%	[9]	1.98%
Weighted Average Yield	[10]	5.03%	[9]				5.03%	[9]	3.37%
Weighted Average Life (Years)	[6],[10]						6 years 9 months 7 days	[9]	6 years 4 months 27 days
Weighted Average Principal Subordination	[10],[11]	12.10%	[9]				12.10%	[9]	17.30%
Investments in Real Estate Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		$ 4,418,552					$ 4,418,552		$ 3,542,511
Amortized Cost Basis		2,498,078					2,498,078		2,434,844
Gross Unrealized Gains		23,147					23,147		33,899
Gross Unrealized Losses		(19,344)					(19,344)		(5,580)
Carrying Value	[3]	$ 2,501,881					$ 2,501,881		$ 2,463,163
Number of Securities | security		268					268		246
Weighted Average Rating	[4]						A-		A
Weighted Average Coupon	[5]	2.69%					2.69%		2.86%
Weighted Average Yield		4.19%					4.19%		2.83%
Weighted Average Life (Years)	[6]						6 years 8 months 19 days		5 years 8 months 26 days
Other ABS [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		$ 1,522,256					$ 1,522,256
Amortized Cost Basis		82,101					82,101
Gross Unrealized Gains		5,227					5,227
Gross Unrealized Losses		(4,348)					(4,348)
Carrying Value		$ 82,980					$ 82,980
Number of Securities | security		12					12
Weighted Average Rating							AA+
Weighted Average Coupon		1.84%					1.84%
Weighted Average Yield		7.11%					7.11%
Weighted Average Life (Years)							4 years 6 days
Servicer Advances [Member]
Schedule of Available-for-sale Securities [Line Items]
Outstanding Face Amount		$ 431,000					$ 431,000
Amortized Cost Basis		430,951					430,951
Gross Unrealized Gains		0					0
Gross Unrealized Losses		(661)					(661)
Carrying Value		$ 430,290					$ 430,290
Number of Securities | security		5					5
Weighted Average Rating							AA+
Weighted Average Coupon		2.69%					2.69%
Weighted Average Yield		2.70%					2.70%
Weighted Average Life (Years)							1 year 23 days

[1] Includes securities issued or guaranteed by U.S. Government agencies such as Fannie Mae or Freddie Mac.

[2] The total outstanding face amount was $0.7 billion and $1.0 billion for fixed rate securities and $0.2 billion and $0.6 billion for floating rate securities as of December 31, 2015 and 2014, respectively.

[3] Fair value, which is equal to carrying value for all securities. See Note 12 regarding the estimation of fair value.

[4] Represents the weighted average of the ratings of all securities in each asset type, expressed as an S&P equivalent rating. This excludes the ratings of the collateral underlying 89 bonds with a carrying value of $333.0 million which either have never been rated or for which rating information is no longer provided. For each security rated by multiple rating agencies, the lowest rating is used. New Residential used an implied AAA rating for the Agency RMBS. Ratings provided were determined by third party rating agencies, and represent the most recent credit ratings available as of the reporting date and may not be current.

[5] Excludes residual bonds, and certain other Non-Agency bonds, with a carrying value of $227.4 million and $0.0 million, respectively, for which no coupon payment is expected.

[6] The weighted average life is based on the timing of expected principal reduction on the assets.

[7] Purchases include $431.0 million face of servicer advance bonds for a purchase price of $431.0 million.

[8] Includes New Residential’s investments in interest-only notes for which the fair value option for financial instruments was elected.

[9] Includes Other ABS consisting primarily of (i) interest-only securities which New Residential elected to carry at fair value and record changes to valuation through the income statement and representing 5.2% of the carrying value of the Non-Agency RMBS portfolio and (ii) bonds backed by servicer advances representing 27.2% of the carrying value of the Non-Agency RMBS portfolio. Gross Unrealized Weighted AverageAsset Type Outstanding Face Amount Amortized Cost Basis Gains Losses Carrying Value Number of Securities Rating Coupon Yield Life (Years) Principal SubordinationOther ABS $1,522,256 $82,101 $5,227 $(4,348) $82,980 12 AA+ 1.84% 7.11% 4.0 N/AServicer Advance Bonds $431,000 $430,951 $— $(661) $430,290 5 AA+ 2.69% 2.70% 1.1 N/A

[10] The total outstanding face amount was $2.3 billion (including $1.7 billion of residual and interest-only notional amount) and $1.0 billion (including $959.1 million of interest-only notional amount) for fixed rate securities and $1.3 billion (including $164.4 million of residual and interest-only notional amount) and $882.4 million (including $130.6 million of residual and interest-only notional amount) for floating rate securities as of December 31, 2015 and 2014, respectively.

[11] Percentage of the amortized cost basis of securities that is subordinate to New Residential’s investments, excluding interest-only bonds and servicer advance bonds.