Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS EQUITY, METHOD INVESTEES (Details Narrative)

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INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS EQUITY, METHOD INVESTEES (Details Narrative) (USD $)
In Millions, unless otherwise specified
0 Months Ended 0 Months Ended 1 Months Ended 1 Months Ended 3 Months Ended
May 20, 2013
MSR Pool 11
Jun. 30, 2014
MSR Pool 11
Jun. 30, 2014
Excess Mortgage Servicing Rights Investees
Dec. 31, 2013
Excess Mortgage Servicing Rights Investees
Jan. 04, 2013
Excess Mortgage Servicing Rights Investees
MSRs Pool 6
Jun. 30, 2014
Excess Mortgage Servicing Rights Investees
MSRs Pool 6
Jan. 06, 2013
Excess Mortgage Servicing Rights Investees
MSR Pools 7, 8, 9, 10
Sep. 30, 2013
Excess Mortgage Servicing Rights Investees
MSRs Pool 10
Jun. 30, 2014
Excess Mortgage Servicing Rights Investees
MSRs Pool 10
Sep. 30, 2013
Excess Mortgage Servicing Rights Investees
MSRs Pool 10
Fortress-managed Affiliate
Jun. 30, 2014
Excess Mortgage Servicing Rights Investees
MSR Pool 11
May 20, 2013
Excess Mortgage Servicing Rights Investees
MSR Pool 11
Jun. 30, 2014
Excess Mortgage Servicing Rights Investees
MSRs
Schedule of Equity Method Investments [Line Items]                          
Amount contributed to acquire joint venture         $ 28.9                
Amount committed to invest in joint venture             340.0         37.8  
Percentage ownership acquired in joint venture     50.00% 50.00% 50.00% 50.00% 50.00%   50.00%   50.00% 50.00% 50.00%
Percentage of Investment co-owned by Nationstar 33.30%       33.00%   33.00%         33.00%  
Percentage of Investment owned by New Residential 66.70% 66.70%     67.00%   67.00%         67.00%  
Percentage of loans in private label securitizations portfolio             53.00%            
Amount invested $ 2.4             $ 13.9   $ 13.9      
Additional percentage interest acquired by New Residential               10.00%   10.00%      
Weighted Average Discount Rate, Percent                         12.00%