Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN SERVICER ADVANCES - Narrative (Details)

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INVESTMENTS IN SERVICER ADVANCES - Narrative (Details)
$ in Thousands
1 Months Ended 6 Months Ended
Dec. 31, 2014
USD ($)
securitized_trust
Dec. 31, 2014
USD ($)
securitized_trust
Jun. 30, 2015
USD ($)
Jun. 25, 2015
USD ($)
Jun. 11, 2015
USD ($)
May. 11, 2015
USD ($)
May. 05, 2015
USD ($)
Apr. 30, 2015
USD ($)
Jan. 31, 2015
USD ($)
Jan. 16, 2015
USD ($)
Investment [Line Items]                    
Servicer advances, net of recoveries     $ 155,200              
Note payable     138,400              
Call rights $ 3,728 $ 3,728 680              
Residential Mortgage [Member]                    
Investment [Line Items]                    
Unpaid Principal Balance       $ 369,000            
Excess MSRs [Member]                    
Investment [Line Items]                    
Unpaid Principal Balance         $ 18,500,000 $ 8,900,000 $ 1,600,000     $ 8,400,000
Advance Purchaser LLC [Member]                    
Investment [Line Items]                    
Capital distributed to third-party co-investors     221,700              
Capital distributed to New Residential     $ 177,900              
Nationstar [Member]                    
Investment [Line Items]                    
Servicer basic fee, percent     9.30%              
Performance fee percent     100.00%              
SLS [Member]                    
Investment [Line Items]                    
Servicing fee basis points     0.1075%              
SLS [Member] | Residential Mortgage [Member]                    
Investment [Line Items]                    
Unpaid Principal Balance 3,000,000 3,000,000                
Total advance commitments   219,200                
Debt $ 195,500 $ 195,500                
SLS [Member] | Excess MSRs [Member]                    
Investment [Line Items]                    
Percentage of Excess MSRs acquired 50.00% 50.00%                
Fortress [Member]                    
Investment [Line Items]                    
Excess MSR purchases $ 93,800 $ 229,700                
Service advances and fees 83,800 83,800             $ 133,800  
Financed service advances 74,300 74,300             121,200  
Call rights $ 1,600 $ 1,600                
Number of securitized trusts | securitized_trust 57 57                
Fortress [Member] | Upper Range [Member]                    
Investment [Line Items]                    
Number of securitized trusts | securitized_trust 99 99                
Fortress [Member] | Excess MSRs [Member]                    
Investment [Line Items]                    
Percentage of Excess MSRs acquired 50.00% 50.00%                
Percentage of additional Excess MSRs acquired 50.00% 50.00%                
Excess MSR purchases $ 8,400                  
Fortress [Member] | Servicer Advances and Fees [Member]                    
Investment [Line Items]                    
Excess MSR purchases $ 135,900                  
Call rights                 $ 2,100  
Ocwen [Member] | Residential Mortgage [Member]                    
Investment [Line Items]                    
Unpaid Principal Balance               $ 107,100,000    
Servicer Advance Joint Venture [Member]                    
Investment [Line Items]                    
Servicer advances, net of recoveries     $ 2,600,000              
Note payable     $ 2,400,000              
New Residential’s ownership     44.50%              
Funded capital commitments     $ 312,700              
Servicer Advance Joint Venture [Member] | Noncontrolling Third-party Investors [Member]                    
Investment [Line Items]                    
Funded capital commitments     $ 389,600