Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL INSTRUMENTS - RECURRING BASIS (Details)

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FAIR VALUE OF FINANCIAL INSTRUMENTS - RECURRING BASIS (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets:    
Real estate securities, available-for-sale $ 1,318,023 [1],[2] $ 289,756
Investments in excess mortgage servicing rights 236,555 245,036
Investments in equity method investees at fair value 102,588   
Recurring Basis | Fair Value, Inputs, Level 2
   
Assets:    
Real estate securities, available-for-sale 799,455  
Investments in excess mortgage servicing rights     
Investments in equity method investees at fair value     
[AssetsFairValueDisclosure] 799,455  
Recurring Basis | Level 3 Inputs
   
Assets:    
Real estate securities, available-for-sale 518,568  
Investments in excess mortgage servicing rights 236,555 [3]  
Investments in equity method investees at fair value 102,588 [3]   
[AssetsFairValueDisclosure] 857,711  
Recurring Basis | Principal Balance or Notional Amount
   
Assets:    
Real estate securities, available-for-sale 1,538,755  
Investments in excess mortgage servicing rights 73,322,892 [3]  
Investments in equity method investees at fair value 64,875,335 [3]  
[AssetsFairValueDisclosure] 139,736,982  
Recurring Basis | Carrying Value
   
Assets:    
Real estate securities, available-for-sale 1,318,023  
Investments in excess mortgage servicing rights 236,555 [3]  
Investments in equity method investees at fair value 102,588 [3]  
[AssetsFairValueDisclosure] 1,657,166  
Recurring Basis | Fair Value
   
Assets:    
Real estate securities, available-for-sale 1,318,023  
Investments in excess mortgage servicing rights 236,555 [3]  
Investments in equity method investees at fair value 102,588 [3]  
[AssetsFairValueDisclosure] $ 1,657,166  
[1] Fair value, which is equal to carrying value for all securities. See Note 8 regarding the estimation of fair value.
[2] The total outstanding face amount of fixed rate securities was $1.1 million, and of floating rate securities was $1.5 billion.
[3] The notional amount represents the total unpaid principal balance of the mortgage loans underlying the Excess MSRs. Generally, New Residential does not receive an excess mortgage servicing amount on nonperforming loans.