Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL INSTRUMENTS - INVESTMENTS IN EQUITY METHOD INVESTEES LEVEL 3 (Details 4)

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FAIR VALUE OF FINANCIAL INSTRUMENTS - INVESTMENTS IN EQUITY METHOD INVESTEES LEVEL 3 (Details 4) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Investments in equity method investees at fair value         
Distributions of earnings from equity method investees     (4,822)   
Change in fair value of investments in equity method investees 20,127    21,096   
Investments in equity method investees at fair value 183,153   183,153  
Recurring Basis | Level 3 Inputs
       
Investments in equity method investees at fair value         
Contributions to equity method investees     178,866  
Distributions of earnings from equity method investees     (4,822)  
Distributions of capital from equity method investees     (11,987)  
Change in fair value of investments in equity method investees     21,096  
Investments in equity method investees at fair value $ 183,153 [1]   $ 183,153 [1]  
[1] (A) The notional amount represents the total unpaid principal balance of the mortgage loans underlying the Excess MSRs. Generally, New Residential does not receive an excess mortgage servicing amount on nonperforming loans.