Quarterly report pursuant to Section 13 or 15(d)

TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES - Narrative (Details)

v3.5.0.2
TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES - Narrative (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
May 15, 2013
Related Party Transaction [Line Items]    
Management agreement, renewal term (in years) 1 year  
Termination fee, number of months' pay (in months) 12 months  
Proportion of directors' votes needed to terminate 0.6666666667000  
Accruals for MSR Fund Payments $ 0.3  
Investment Interest Income - Excess MSRs [Member] | Credit Concentration Risk [Member] | Nationstar [Member]    
Related Party Transaction [Line Items]    
Percentage of UPB of loans underlying investments 63.80%  
Investment Interest Income - Servicer Advances [Member] | Credit Concentration Risk [Member] | Nationstar [Member]    
Related Party Transaction [Line Items]    
Percentage of UPB of loans underlying investments 34.00%  
FIG LLC [Member]    
Related Party Transaction [Line Items]    
Management fee rate (percent)   1.50%
Incentive compensation percentage   25.00%
Interest rate for incentive compensation   10.00%
Nationstar [Member] | Residential Mortgage [Member]    
Related Party Transaction [Line Items]    
Unpaid Principal Balance $ 534.7  
Nationstar [Member] | Real Estate Owned [Member]    
Related Party Transaction [Line Items]    
Unpaid balance of real estate owned 28.3  
Nationstar [Member] | Non-Agency RMBS [Member]    
Related Party Transaction [Line Items]    
Face amount of investment 4,100.0  
Unpaid Principal Balance $ 14,200.0  
Redemption premium percentage 0.75%  
Nationstar [Member] | Agency RMBS [Member]    
Related Party Transaction [Line Items]    
Face amount of investment $ 28.5