Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Real Estate Securities (Footnote) (Details)

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INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Real Estate Securities (Footnote) (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2016
USD ($)
bond
Mar. 31, 2016
USD ($)
bond
Schedule of Available-for-sale Securities [Line Items]    
Number of bonds which New Residential was unable to obtain rating information | bond 84 84
Investments $ 15,184,560 $ 15,184,560
Outstanding Face Amount 5,766,333 5,766,333
Agency RMBS [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Face amount of securities purchased 1,300,000 2,216,700
Purchase Price of Securities Purchased 1,300,000 2,300,300
Outstanding Face Amount 1,450,299 [1],[2] 1,450,299 [1],[2]
Non-Agency RMBS [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Face amount of securities purchased 200,000 1,032,100
Purchase Price of Securities Purchased 100,000 443,100
Outstanding Face Amount 4,316,034 [3],[4] 4,316,034 [3],[4]
Other ABS [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount 1,723,191 1,723,191
Fixed Rate Residential Mortgage [Member] | Agency RMBS [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount 1,300,000 1,300,000
Fixed Rate Residential Mortgage [Member] | Non-Agency RMBS [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount 2,400,000 2,400,000
Residual and interest - only notional amount 1,800,000 1,800,000
Floating Rate Residential Mortgage [Member] | Agency RMBS [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount 175,700 175,700
Floating Rate Residential Mortgage [Member] | Non-Agency RMBS [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount 1,879,300 1,879,300
Residual and interest - only notional amount 229,900 229,900
Bonds [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Investments 341,600 341,600
Residual Bonds [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Investments 220,500 220,500
Non-Agency Bonds [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Investments $ 0 $ 0
[1] Includes securities issued or guaranteed by U.S. Government agencies such as Fannie Mae or Freddie Mac.
[2] The total outstanding face amount was $1.3 billion for fixed rate securities and $175.7 million for floating rate securities as of March 31, 2016.
[3] Includes New Residential’s investments in interest-only notes for which the fair value option for financial instruments was elected.
[4] The total outstanding face amount was $2.4 billion (including $1.8 billion of residual and interest-only notional amount) for fixed rate securities and $1.9 billion (including $229.9 million of residual and interest-only notional amount) for floating rate securities as of March 31, 2016.