INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS AT FAIR VALUE (Details Narrative) (USD $)
In Thousands, unless otherwise specified
 1 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2013
Dec. 31, 2012
Dec. 13, 2011
MSRs Pool 1
Dec. 31, 2011
MSRs Pool 1
Dec. 31, 2013
MSRs Pool 1
Dec. 31, 2012
MSRs Pool 1
Dec. 13, 2011
MSRs Pool 1
As reported at 12/31/12
Jun. 05, 2012
MSRs Pool 2
Dec. 31, 2013
MSRs Pool 2
Dec. 31, 2012
MSRs Pool 2
Jun. 05, 2012
MSRs Pool 2
As reported at 12/31/12
Jun. 29, 2012
MSR Pools 3, 4 and 5
Sep. 30, 2013
MSRs Pool 5
Dec. 31, 2013
MSRs Pool 5
Dec. 31, 2012
MSRs Pool 5
Jun. 29, 2012
MSRs Pool 5
As reported at 12/31/12
May 20, 2013
MSRs Pool 11
Dec. 31, 2013
MSRs Pool 11
Sep. 23, 2013
MSRs Pool 12
Dec. 31, 2013
MSRs Pool 12
Dec. 31, 2013
MSRs Pool 18
Dec. 31, 2013
MSRs Pool 18
Dec. 31, 2013
MSRs
Dec. 31, 2012
MSRs
Nov. 30, 2012
MSRs
Jun. 29, 2012
MSRs
As reported at 12/31/12
Dec. 31, 2013
MSRs Pool 3
Dec. 31, 2012
MSRs Pool 3
Jun. 29, 2012
MSRs Pool 3
As reported at 12/31/12
Dec. 31, 2013
MSRs Pool 4
Dec. 31, 2012
MSRs Pool 4
Jun. 29, 2012
MSRs Pool 4
As reported at 12/31/12
Percentage of Investment co-owned by Nationstar       35.00%       35.00% 35.00%     35.00% 35.00%         34.00%   20.00%   20.00% 20.00%     33.00% 35.00%            
Percentage of Investment owned by New Residential       65.00%   65.00% 6.50% 65.00% 65.00% 65.00% 6.50% 65.00% 65.00%   80.00% [1] 6.50%   66.00% 66.70% 40.00% 40.00% [1] 40.00% [2] 40.00% [2]     67.00% 65.00% 65.00% 6.50%   65.01% 6.50%  
Amount invested       $ 43,700       $ 44,000 $ 42,300     $ 44,000 $ 176,500 $ 26,600       $ 2,400   $ 17,400   $ 17,000         $ 176,500            
Percentage of loans in private label securitizations portfolio                         75.00%                           75.00%            
Conforming loans in GSE pools of portfolio (percent)                         25.00%                           25.00%            
Repurchase agreements   1,620,711 [3] 150,922                                                            
Additional percentage of investment purchased by New Residential                           15.00%                                      
Percentage of Investment owned by Fortress-managed (affiliated funds)                                       40.00%   40.00% 40.00%                    
Change in fair value of investments recorded in other income 367 53,332 [4] 9,023   400 4,219 [5] 5,569 [5]     3,971 [5] 1,045 [5]       21,113 [1],[5] 1,978 [5]     (11) [5]   60 [1],[5]   3 [2],[5] 53,332 [5] 9,023 [5]     5,408 [5] 2,856 [5]   2,929 [5] 1,019 [5]  
Unpaid principal balance of underlying mortgage               $ 9,900,000       $ 10,400,000         $ 47,600,000                   $ 63,700,000     $ 9,800,000     $ 6,300,000
[1] Pool in which New Residential also invested in related servicer advances, including the basic fee component of the related MSR subsequent to December 31, 2013 (Note 18).
[2] Pool in which New Residential also invested in related servicer advances, including the basic fee component of the related MSR as of December 31, 2013 (Note 6).
[3] Represents our historical consolidated balance sheet at December 31, 2013.
[4] Represents our historical consolidated statement of income for the year ended December 31, 2013.
[5] The portion of the change in fair value of the Recapture Agreements relating to loans recaptured to date is reflected in the respective pool. For the year ended December 31, 2011 the change in fair value recorded in other income relating to Pool 1 was $0.4 million.