Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN CONSUMER LOANS - Consumer Loan Investments made through Equity Method Investees (Details)

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INVESTMENTS IN CONSUMER LOANS - Consumer Loan Investments made through Equity Method Investees (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance $ 84,100,000  
Carrying Value [1] $ 1,140,769 $ 1,374,263
Weighted Average Life (Years) 1 year 8 days  
Consumer Portfolio Segment    
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance $ 14,400  
Consumer Portfolio Segment | New Residential Investment Corp.    
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance 1,142,058 1,377,792
Carrying Value $ 1,140,769 $ 1,374,263
Weighted Average Coupon 18.00% 17.90%
Weighted Average Life (Years) 3 years 5 months 29 days 3 years 6 months
Weighted Average Delinquency 6.50% 7.30%
Consumer Portfolio Segment | New Residential Investment Corp. | Other - Performing Loans    
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance $ 46,253 $ 89,682
New Residential’s ownership 100.00% 100.00%
Carrying Value $ 43,257 $ 85,253
Weighted Average Coupon 14.10% 14.10%
Weighted Average Life (Years) 9 months 23 days 1 year
Weighted Average Delinquency 5.80% 4.50%
Consumer Portfolio Segment | New Residential Investment Corp. | Performing Loans    
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance $ 858,817 $ 1,005,570
New Residential’s ownership 53.50% 53.50%
Carrying Value $ 901,166 $ 1,052,561
Weighted Average Coupon 18.80% 18.70%
Weighted Average Life (Years) 3 years 7 months 30 days 3 years 8 months 12 days
Weighted Average Delinquency 5.20% 6.00%
Consumer Portfolio Segment | New Residential Investment Corp. | Purchased Credit Deteriorated Loans    
Schedule of Equity Method Investments [Line Items]    
Unpaid Principal Balance $ 236,988 $ 282,540
New Residential’s ownership 53.50% 53.50%
Carrying Value $ 196,346 $ 236,449
Weighted Average Coupon 16.00% 16.20%
Weighted Average Life (Years) 3 years 4 months 24 days 3 years 3 months 18 days
Weighted Average Delinquency 11.30% 12.50%
[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.