Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of Carrying Values and Fair Values of Financial Assets Recorded at Fair Value on a Recurring Basis (Details)

v3.2.0.727
FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of Carrying Values and Fair Values of Financial Assets Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Jun. 30, 2014
Dec. 31, 2013
Investments in:        
Real estate securities, available-for-sale $ 1,907,961 $ 2,463,163    
Non-hedge derivatives 1,701 32,597    
Cash and cash equivalents 432,007 212,985 $ 311,126 $ 271,994
Restricted cash 134,735 29,418    
Liabilities:        
Repurchase agreements 2,404,617 3,149,090    
Notes payable 7,883,061 2,908,763    
Carrying Value [1] 10,287,678 6,057,853    
Derivative liabilities 16,124 $ 14,220    
Recurring Basis [Member]        
Investments in:        
Excess mortgage servicing rights, at fair value [2] 335,643,658      
Excess mortgage servicing rights, equity method investees, at fair value [2] 79,731,703      
Servicer advances 8,278,685      
Real estate securities, available-for-sale 3,328,343      
Residential mortgage loans, held-for-investment 62,362      
Residential mortgage loans, held-for-sale 599,610      
Non-hedge derivatives 2,560,000      
Cash and cash equivalents 432,007      
Restricted cash 134,735      
Liabilities:        
Repurchase agreements 2,405,851      
Notes payable 7,905,595      
Derivative liabilities 3,298,000      
Recurring Basis [Member] | Level 1 [Member]        
Investments in:        
Excess mortgage servicing rights, at fair value [2] 0      
Excess mortgage servicing rights, equity method investees, at fair value [2] 0      
Servicer advances 0      
Real estate securities, available-for-sale 0      
Residential mortgage loans, held-for-investment 0      
Residential mortgage loans, held-for-sale 0      
Non-hedge derivatives 0      
Cash and cash equivalents 432,007      
Restricted cash 134,735      
Assets, fair value 566,742      
Liabilities:        
Repurchase agreements 0      
Notes payable 0      
Derivative liabilities 0      
Liabilities, fair value 0      
Recurring Basis [Member] | Level 2 [Member]        
Investments in:        
Excess mortgage servicing rights, at fair value [2] 0      
Excess mortgage servicing rights, equity method investees, at fair value [2] 0      
Servicer advances 0      
Real estate securities, available-for-sale 994,030      
Residential mortgage loans, held-for-investment 0      
Residential mortgage loans, held-for-sale 0      
Non-hedge derivatives 1,701      
Cash and cash equivalents 0      
Restricted cash 0      
Assets, fair value 995,731      
Liabilities:        
Repurchase agreements 1,831,989      
Notes payable 0      
Derivative liabilities 16,124      
Liabilities, fair value 1,848,113      
Recurring Basis [Member] | Level 3 [Member]        
Investments in:        
Excess mortgage servicing rights, at fair value [2] 1,504,422      
Excess mortgage servicing rights, equity method investees, at fair value [2] 216,112      
Servicer advances 8,182,400      
Real estate securities, available-for-sale 913,931      
Residential mortgage loans, held-for-investment 43,870      
Residential mortgage loans, held-for-sale 524,105      
Non-hedge derivatives 0      
Cash and cash equivalents 0      
Restricted cash 0      
Assets, fair value 11,384,840      
Liabilities:        
Repurchase agreements 573,862      
Notes payable 7,908,842      
Derivative liabilities 0      
Liabilities, fair value 8,482,704      
Recurring Basis [Member] | Carrying Value [Member]        
Investments in:        
Excess mortgage servicing rights, at fair value [2] 1,504,422      
Excess mortgage servicing rights, equity method investees, at fair value [2] 216,112      
Servicer advances 8,182,400      
Real estate securities, available-for-sale 1,907,961      
Residential mortgage loans, held-for-investment 42,741      
Residential mortgage loans, held-for-sale 523,018      
Non-hedge derivatives 1,701      
Cash and cash equivalents 432,007      
Restricted cash 134,735      
Assets, fair value 12,945,097      
Liabilities:        
Repurchase agreements 2,404,617      
Derivative liabilities 16,124      
Liabilities, fair value 10,303,802      
Recurring Basis [Member] | Fair Value [Member]        
Investments in:        
Excess mortgage servicing rights, at fair value 1,504,422      
Excess mortgage servicing rights, equity method investees, at fair value 216,112      
Servicer advances 8,182,400      
Real estate securities, available-for-sale 1,907,961      
Residential mortgage loans, held-for-investment 43,870      
Residential mortgage loans, held-for-sale 524,105      
Non-hedge derivatives 1,701      
Cash and cash equivalents 432,007      
Restricted cash 134,735      
Assets, fair value 12,947,313      
Liabilities:        
Repurchase agreements 2,405,851      
Notes payable 7,908,842      
Derivative liabilities 16,124      
Liabilities, fair value $ 10,330,817      
[1] Net of deferred financing costs associated with the adoption of ASU No. 2015-03.
[2] The notional amount represents the total unpaid principal balance of the mortgage loans underlying the Excess MSRs. New Residential does not receive an excess mortgage servicing amount on non-performing loans in Agency portfolios.