Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN SERVICER ADVANCES - Schedule of Interest Income Related to Investments in Servicer Advances - Others' Interests (Details)

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INVESTMENTS IN SERVICER ADVANCES - Schedule of Interest Income Related to Investments in Servicer Advances - Others' Interests (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Servicer Advance Joint Venture [Member]      
Investment [Line Items]      
New Residential’s investment $ 331,215   $ 343,640
Others’ ownership interest 44.50%    
Net income in joint venture $ 7,575 $ 10,496  
Others [Member]      
Investment [Line Items]      
New Residential’s investment $ 183,754   $ 190,647
Others’ ownership interest 55.50%   55.50%
Net income in joint venture $ 4,202 $ 5,823  
Others' ownership interest as a percent of total [1] 55.50% 55.50%  
[1] As a result, New Residential owned 44.5% and 44.5% of the Buyer, on average during the three months ended March 31, 2016 and 2015, respectively.