Quarterly report pursuant to Section 13 or 15(d)

TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES - Narrative (Details)

v3.4.0.3
TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
May. 15, 2013
Related Party Transaction [Line Items]    
Management agreement, renewal term 1 year  
Accruals for MSR Fund Payments (less than) $ 0.1  
Nationstar [Member] | Credit Concentration Risk [Member] | Investment Interest Income - Excess MSRs [Member]    
Related Party Transaction [Line Items]    
Percentage of UPB of loans underlying investments 64.30%  
Nationstar [Member] | Credit Concentration Risk [Member] | Investment Interest Income - Servicer Advances [Member]    
Related Party Transaction [Line Items]    
Percentage of UPB of loans underlying investments 34.80%  
FIG LLC [Member]    
Related Party Transaction [Line Items]    
Management fee rate (percent)   1.50%
Incentive compensation percentage   25.00%
Interest rate for incentive compensation   10.00%
Nationstar [Member] | Residential Mortgage [Member]    
Related Party Transaction [Line Items]    
Unpaid Principal Balance $ 543.5  
Nationstar [Member] | Real Estate Owned [Member]    
Related Party Transaction [Line Items]    
Unpaid balance of real estate owned 26.6  
Nationstar [Member] | Non-Agency RMBS [Member]    
Related Party Transaction [Line Items]    
Face amount of investment 2,800.0  
Unpaid Principal Balance $ 11,900.0  
Redemption premium percentage 0.75%  
Nationstar [Member] | Agency RMBS [Member]    
Related Party Transaction [Line Items]    
Face amount of investment $ 33.5