Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS AT FAIR VALUE (Details Narrative)

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INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS AT FAIR VALUE (Details Narrative) (USD $)
In Thousands, unless otherwise specified
 0 Months Ended 0 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Dec. 13, 2011
MSRs Pool 1
Sep. 30, 2013
MSRs Pool 1
Jun. 05, 2012
MSRs Pool 2
Sep. 30, 2013
MSRs Pool 2
Jun. 29, 2012
MSR Pools 3, 4 and 5
Sep. 30, 2013
MSRs Pool 5
May 20, 2013
MSRs Pool 11
Sep. 23, 2013
MSRs Pool 12
Sep. 30, 2013
MSRs Pool 12
Percentage of Investment co-owned by Nationstar     35.00%   35.00%   35.00%     20.00%  
Percentage of Investment owned by New Residential     65.00% 65.00% 65.00% 65.00% 65.00% 80.00% 66.70% 40.00% 40.00%
Amount invested     $ 43,700   $ 42,300   $ 176,500 $ 26,600 $ 2,400 $ 17,400  
Non-conforming loans in private label securitizations of portfolio (percent)             75.00%        
Conforming loans in GSE pools of portfolio (percent)             25.00%        
Repurchase agreements $ 1,467,934 $ 150,922                  
Additional percentage of investment purchased by New Residential               15.00% 33.30%    
Percentage of Investment owned by Fortress-managed (affiliated funds)                   40.00%