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INVESTMENTS IN CONSUMER LOANS - Summary of Equity Method Investments Prior to Consolidation, Balance Sheet Components (Details) - Consumer Loan Companies [Member] - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Apr. 30, 2013
Schedule of Consumer Loans [Line Items]        
Consumer Loan Assets (amortized cost basis)   $ 1,698,130    
Other Assets   70,469    
Debt   (1,912,267)    
Other liabilities   (5,640)    
Equity   (149,308)    
New Residential’s investment   $ 0    
New Residential’s ownership 30.00% 30.00% 30.00% 30.00%