Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN CONSUMER LOANS EQUITY METHOD INVESTEES - Rollforward (Details)

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INVESTMENTS IN CONSUMER LOANS EQUITY METHOD INVESTEES - Rollforward (Details) (USD $)
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Consumer Loan Investees
Jun. 30, 2014
Consumer Loan Investees
Jun. 30, 2014
Consumer Loan, Equity Method Investees
Jun. 30, 2014
Consumer Loan, Equity Method Investees
Jun. 30, 2013
Consumer Loan, Equity Method Investees
Schedule of Equity Method Investments [Line Items]                  
Balance at December 31, 2013     $ 215,062,000     $ 215,062,000      
Contributions to equity method investees           0      
Distributions of earnings from equity method investees           (2,709,000) [1] (2,200,000) (2,152,000) (769,000)
Distributions of earnings from consumer loan equity method investees           0      
Earnings from investments in consumer loans, equity method investees 21,335,000 36,164,000 37,695,000 36,164,000 21,335,000 37,695,000      
Balance at June 30, 2014 250,048,000   250,048,000   250,048,000 250,048,000      
Non-cash tax witholding payment             $ 600,000    
[1] In June 2014, the Consumer Loan Companies distributed $2.2 million in cash to, and made $0.6 million in tax withholding payments on behalf of, New Residential. The tax withholding payments were considered a non-cash distribution.