Nicki Minaj has a whole lot on her plate right now, but the biggest thing she's working on is her third album, she told E! Online this week. Speaking while on a promo run for her new Minajesty perfume, the richest woman in hip-hop said that her decision to step back from her American Idol judging gig came from her desire to spend more time on her music.

"My heart is in my music and I had to step back and go have different experiences so that I could write my third album," she said in a sitdown with the site. "That's the most important thing in my life right now, is just beginning the third album. And that'll be out in 2014."

With Nicki's myriad promotions and endorsement deals—not to mention The Other Woman, the movie she's working on with director Nick Cassavetes as well as co-stars Cameron Diaz and Kate Upton—have kept her more than busy since the release of her 2012 album Pink Friday: Roman ReloadedShe was also captured in an Instagram in the studio with Mike WiLL Made It and Miley Cyrus, prompting E! to ask if the two twerkers made music together.

"I didn't make any music with Miley," she said. "There was a song that was a possibility but it didn't work out."

We'll update with more details on Nicki's album as they become available.

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