Quarterly report pursuant to Section 13 or 15(d)

ORGANIZATION AND BASIS OF PRESENTATION - Total Consideration in Shellpoint Acquisition (Details)

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ORGANIZATION AND BASIS OF PRESENTATION - Total Consideration in Shellpoint Acquisition (Details) - USD ($)
9 Months Ended
Jul. 03, 2018
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Business Acquisition [Line Items]        
Cash and cash equivalents [1]   $ 330,148,000   $ 295,798,000
Restricted cash   155,749,000   150,252,000
Residential mortgage loans, held-for-sale, at fair value   524,863,000   0
Mortgage servicing rights, at fair value   2,872,004,000   1,735,504,000
Residential mortgage loans, held-for-investment, at fair value   123,606,000   0
Residential mortgage loans subject to repurchase   110,181,000 $ 0 0
Intangible assets   4,308,000   0
Mortgage servicing rights financing receivables, at fair value   1,681,072,000   598,728,000
Other assets   629,231,000   312,181,000
Total assets   30,090,769,000   22,213,562,000
Repurchase agreements   14,387,020,000   8,662,139,000
Notes and bonds payable [1]   7,254,946,000   7,084,391,000
Residential mortgage loans repurchase liability   110,181,000   0
Excess spread financing, at fair value   44,374,000   0
Accrued expenses and other liabilities [1]   462,161,000   239,114,000
Total liabilities   24,253,721,000   17,417,400,000
Noncontrolling interests in equity of consolidated subsidiaries   93,728,000   105,957,000
Goodwill   48,921,000   $ 0
Shellpoint Acquisition        
Business Acquisition [Line Items]        
Cash consideration transferred $ 212,300,000      
Contingent consideration 42,800,000 $ 42,770,000 $ 0  
Effective settlement of preexisting relationships 180,300,000      
Total Consideration 435,400,000      
Contingent consideration, range of outcomes, maximum $ 60,000,000      
Contingent consideration, payment term 3 years      
Contingent consideration fair value $ 48,700,000      
Contingent consideration, payments to employees 5,900,000      
Cash and cash equivalents 84,100,000      
Restricted cash 9,900,000      
Residential mortgage loans, held-for-sale, at fair value 488,200,000      
Mortgage servicing rights, at fair value 286,600,000      
Residential mortgage loans, held-for-investment, at fair value 125,300,000      
Residential mortgage loans subject to repurchase 121,400,000      
Intangible assets 4,300,000      
Other assets 81,100,000      
Total assets 1,200,900,000      
Repurchase agreements 439,600,000      
Notes and bonds payable 25,400,000      
Mortgage-backed securities issued, at fair value 120,700,000      
Residential mortgage loans repurchase liability 121,400,000      
Excess spread financing, at fair value 48,300,000      
Accrued expenses and other liabilities 50,700,000      
Total liabilities 806,100,000      
Noncontrolling interests in equity of consolidated subsidiaries 8,300,000      
Net Assets 386,500,000      
Goodwill 48,900,000      
Minimum | Shellpoint Acquisition        
Business Acquisition [Line Items]        
Contingent consideration, range of outcomes, minimum 0      
Maximum | Shellpoint Acquisition        
Business Acquisition [Line Items]        
Contingent consideration, range of outcomes, maximum 60,000,000      
Ginnie Mae | Shellpoint Acquisition        
Business Acquisition [Line Items]        
Mortgage servicing rights, at fair value $ 135,300,000      
[1] New Residential’s Condensed Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, Advance Purchaser LLC (the “Buyer”) (Note 6), Shellpoint Asset Funding Trust 2013-1 (“SAFT 2013-1”) and the Shelter retail mortgage origination joint ventures (“Shelter JVs”) (Note 8) and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advance Investments, residential mortgage loans and consumer loans, respectively, financed with notes and bonds payable. The balance sheets of the Buyer, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are included in Notes 6, 8 and 9, respectively. The creditors of the Buyer, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations.