Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Real Estate Securities in an Unrealized Loss Position (Details)

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INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Real Estate Securities in an Unrealized Loss Position (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2016
USD ($)
bond
security
Dec. 31, 2015
USD ($)
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount $ 8,027,852  
Other Than Temporary Impairment - Amortized Cost Basis (13,081) $ (6,240)
After Impairment - Amortized Cost Basis 4,884,599  
Carrying Value - Total $ 4,991,242  
Weighted Average Life (Years) 11 months 13 days  
Number of bonds which New Residential was unable to obtain rating information | bond 187  
Securities in an Unrealized Loss Position Less than Twelve Months [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount $ 2,905,125  
Before Impairment - Amortized Cost Basis 1,723,246  
Other Than Temporary Impairment - Amortized Cost Basis [1] (804)  
After Impairment - Amortized Cost Basis 1,722,442  
Gross Unrealized Losses - Less than Twelve Months (11,824)  
Carrying Value - Less than Twelve Months $ 1,710,618  
Number of Securities - Less than Twelve Months | security 204  
Weighted Average Rating [2] B+  
Weighted Average Coupon 2.51%  
Weighted Average Yield 3.99%  
Weighted Average Life (Years) 6 years 6 months 4 days  
Number of bonds which New Residential was unable to obtain rating information | bond 84  
Securities in an Unrealized Loss Position Twelve Months or More [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount $ 291,088  
Before Impairment - Amortized Cost Basis 229,368  
Other Than Temporary Impairment - Amortized Cost Basis [1] (961)  
After Impairment - Amortized Cost Basis 228,407  
Gross Unrealized Losses - Twelve or More Months (4,041)  
Carrying Value - Twelve or More Months $ 224,366  
Number of Securities - Twelve or More Months | security 36  
Weighted Average Rating [2] B+  
Weighted Average Coupon 2.30%  
Weighted Average Yield 2.99%  
Weighted Average Life (Years) 5 years 2 months 27 days  
Number of bonds which New Residential was unable to obtain rating information | bond 6  
Securities in a Loss Position [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Outstanding Face Amount $ 3,196,213  
Before Impairment - Amortized Cost Basis 1,952,614  
Other Than Temporary Impairment - Amortized Cost Basis [1] (1,765)  
After Impairment - Amortized Cost Basis 1,950,849  
Gross Unrealized Losses - Total (15,865)  
Carrying Value - Total $ 1,934,984  
Number of Securities - Total | security 240  
Weighted Average Rating [2] B+  
Weighted Average Coupon 2.48%  
Weighted Average Yield 3.87%  
Weighted Average Life (Years) 6 years 4 months 11 days  
[1] This amount represents OTTI recorded on securities that are in an unrealized loss position as of September 30, 2016.
[2] The weighted average rating of securities in an unrealized loss position for less than 12 months excludes the rating of 84 bonds which either have never been rated or for which rating information is no longer provided. The weighted average rating of securities in an unrealized loss position for 12 or more months excludes the rating of 6 bonds which either have never been rated or for which rating information is no longer provided.