Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN REAL ESTATE AND OTHER SECURITIES - Summary of Real Estate Securities in an Unrealized Loss Position (Details)

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INVESTMENTS IN REAL ESTATE AND OTHER SECURITIES - Summary of Real Estate Securities in an Unrealized Loss Position (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2019
USD ($)
bond
security
Dec. 31, 2018
USD ($)
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 30,643,013  
Other Than Temporary Impairment - Amortized Cost Basis (56,314) $ (52,803)
Amortized Cost Basis $ 16,126,466  
Weighted Average Life (Years) 24 days  
Less than 12 Months    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 7,069,880  
Before Impairment - Amortized Cost Basis 2,162,118  
Other Than Temporary Impairment - Amortized Cost Basis (3,768)  
Amortized Cost Basis 2,158,350  
Gross Unrealized Losses - Less than 12 Months (20,406)  
Carrying Value - Less than 12 Months $ 2,137,944  
Number of Securities - Less than 12 Months | security 77  
Weighted Average Rating BBB  
Weighted Average Coupon 4.27%  
Weighted Average Yield 4.24%  
Weighted Average Life (Years) 6 years 4 months 24 days  
Number of bonds which New Residential was unable to obtain rating information | bond 43  
12 or More Months    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 1,297,245  
Before Impairment - Amortized Cost Basis 190,556  
Other Than Temporary Impairment - Amortized Cost Basis (1,799)  
Amortized Cost Basis 188,757  
Gross Unrealized Losses - 12 or More Months (20,167)  
Carrying Value - 12 or More Months $ 168,590  
Number of Securities - 12 or More Months | security 63  
Weighted Average Rating BB  
Weighted Average Coupon 4.58%  
Weighted Average Yield 5.74%  
Weighted Average Life (Years) 5 years 1 month 6 days  
Number of bonds which New Residential was unable to obtain rating information | bond 24  
Total/Weighted Average    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 8,367,125  
Before Impairment - Amortized Cost Basis 2,352,674  
Other Than Temporary Impairment - Amortized Cost Basis (5,567)  
Amortized Cost Basis 2,347,107  
Gross Unrealized Losses - Total (40,573)  
Carrying Value - Total $ 2,306,534  
Number of Securities - Total | security 140  
Weighted Average Rating BB+  
Weighted Average Coupon 4.29%  
Weighted Average Yield 4.36%  
Weighted Average Life (Years) 6 years 3 months 18 days