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) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Investment [Line Items]      
Call rights $ 414 $ 414  
Advance Purchaser LLC [Member]      
Investment [Line Items]      
Capital distributed to third-party co-investors 256,900    
Capital distributed to New Residential $ 206,200    
Ocwen [Member]      
Investment [Line Items]      
Servicing fee basis points 0.053%    
Variable interest rate spread 2.75%    
Nationstar [Member]      
Investment [Line Items]      
Servicer basic fee, percent 9.30%    
Performance fee, percent (up to) 100.00%    
SLS [Member]      
Investment [Line Items]      
Servicing fee basis points 0.1075%    
SLS [Member] | Excess MSRs [Member]      
Investment [Line Items]      
Percentage of Excess MSRs acquired     50.00%
Fortress [Member] | Excess MSRs [Member]      
Investment [Line Items]      
Percentage of additional Excess MSRs acquired     50.00%
Servicer Advance Joint Venture [Member]      
Investment [Line Items]      
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