Current report filing

INCOME TAXES (Details Narrative)

v2.4.0.8
INCOME TAXES (Details Narrative) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 12 Months Ended 24 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2010
Dec. 31, 2013
Discontinued Operations
Dec. 31, 2013
TRSs
Dec. 31, 2012
TRSs
Dec. 31, 2011
TRSs
Dec. 31, 2013
TRSs
Discontinued Operations
Dec. 31, 2011
Restated
REIT Distribution Threshold for Nontaxation 90.00%       90.00%                
Net Income Distributed         100.00% 100.00%             100.00%
New Residential common stock value per share         $ 6.89                
Repurchase of debt         $ 35,900 $ 39,300 $ 787,800           $ 188,900
Gain on extinguishment of debt         4,600 24,100 521,100           88,100
GAAP gain           23,200             66,100
Face value of debt repurchased related to GAAP portion           34,100             171,800
Debt cancelled in securitization         101,900                
Loss carryforward           750,200              
Operating loss carryforwards expiration year         2029                
Capital loss carryforwards expiration year         2015                
Net operating loss carryforwards                 540,200        
Income tax expense (175) 1,213       1,038     1,062 2,100 0 0 1,100  
Increase in valuation allowance         $ (4,349)       $ 4,400