Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN CONSUMER LOANS - Consumer Loan Investments made through Equity Method Investees (Details)

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INVESTMENTS IN CONSUMER LOANS - Consumer Loan Investments made through Equity Method Investees (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Schedule of Equity Method Investments [Line Items]    
Carrying Value [1] $ 881,183 $ 1,072,202
Weighted Average Life (Years) 24 days  
Consumer Portfolio Segment    
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance $ 17,300  
Consumer Portfolio Segment | New Residential Investment Corp.    
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance 878,431 1,072,577
Carrying Value $ 881,183 $ 1,072,202
Weighted Average Coupon 18.10% 18.10%
Weighted Average Life (Years) 3 years 10 months 24 days 3 years 6 months
Weighted Average Delinquency 5.60% 6.70%
Consumer Portfolio Segment | New Residential Investment Corp. | Other - Performing Loans    
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance $ 12,196 $ 35,326
Carrying Value $ 11,298 $ 32,722
Weighted Average Coupon 14.90% 14.20%
Weighted Average Life (Years) 24 days 24 days
Weighted Average Delinquency 5.50% 5.60%
Consumer Portfolio Segment | New Residential Investment Corp. | Performing Loans    
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance $ 684,064 $ 815,341
Carrying Value $ 722,826 $ 856,563
Weighted Average Coupon 18.90% 18.80%
Weighted Average Life (Years) 4 years 3 years 7 months 6 days
Weighted Average Delinquency 4.50% 5.40%
Consumer Portfolio Segment | New Residential Investment Corp. | Purchased Credit Deteriorated Loans    
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance $ 182,171 $ 221,910
Carrying Value $ 147,059 $ 182,917
Weighted Average Coupon 15.60% 16.00%
Weighted Average Life (Years) 3 years 6 months 3 years 4 months 24 days
Weighted Average Delinquency 10.00% 11.60%
Consumer Loan Companies    
Schedule of Equity Method Investments [Line Items]    
Ownership interest 53.50%  
Consumer Loan Companies | Consumer Portfolio Segment | New Residential Investment Corp. | Performing Loans    
Schedule of Equity Method Investments [Line Items]    
Ownership interest 53.50% 53.50%
Consumer Loan Companies | Consumer Portfolio Segment | New Residential Investment Corp. | Purchased Credit Deteriorated Loans    
Schedule of Equity Method Investments [Line Items]    
Ownership interest 53.50% 53.50%
Entirely Owned Loan Portfolio | Consumer Portfolio Segment | New Residential Investment Corp. | Other - Performing Loans    
Schedule of Equity Method Investments [Line Items]    
Ownership interest 100.00% 100.00%
[1]
New Residential’s Condensed Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, Advance Purchaser LLC (the “Buyer”) (Note 6), the RPL Borrowers (defined in Note 8), Shellpoint Asset Funding Trust 2013-1 (“SAFT 2013-1”) and the Shelter retail mortgage origination joint ventures (“Shelter JVs”) (Note 8) and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advance Investments, residential mortgage loans and consumer loans, respectively, financed with notes and bonds payable. The balance sheets of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are included in Notes 6, 8 and 9, respectively. The creditors of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations.