Quarterly report pursuant to Section 13 or 15(d)

INVESTMENT IN RESIDENTIAL MORTGAGE LOANS (Details Narrative)

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INVESTMENT IN RESIDENTIAL MORTGAGE LOANS (Details Narrative) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Feb. 27, 2013
Dec. 31, 2012
Residential mortgage loans, held-for-investment $ 35,484     
Reverse Mortgage Loans
     
Percentage of Investment co-owned by Nationstar   30.00%  
Percentage of Investment owned by New Residential   70.00%  
Outstanding face amount 58,586   83,000
Residential mortgage loans, held-for-investment   $ 35,000