Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)

v3.5.0.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)
 1 Months Ended 3 Months Ended 9 Months Ended
Aug. 31, 2016
USD ($)
security
Jun. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Feb. 28, 2011
USD ($)
Sep. 30, 2016
USD ($)
derivative_instrument
contract
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
derivative_instrument
contract
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
Derivative [Line Items]                  
Refundable term for initiation fees             30 years    
Expected life of active golf membership             7 years    
Ownership in equity investment         23.00%   23.00%    
Other investments         $ 21,724,000   $ 21,724,000   $ 20,595,000
Acquisition of servicing rights       $ 2,200,000          
Amortization of servicing rights         100,000 $ 100,000 300,000 $ 300,000  
(MSR) impairment (recovery)         0 0 0 0  
Servicing assets         400,000   400,000   700,000
Proceeds from sale of investments             1,128,906,000 1,061,499,000  
CDO bonds payable         0   0   92,933,000
Other bonds and notes payable         0   0   16,162,000
Reclassification of net realized gain on deconsolidation of CDO VI         0 $ 0 20,682,000 $ 0  
Variable Interest Entity, Primary Beneficiary                  
Derivative [Line Items]                  
CDO bonds payable         0   0   92,933,000
Other bonds and notes payable         0   $ 0   4,672,000
Newcastle CDO VI | Variable Interest Entity, Primary Beneficiary                  
Derivative [Line Items]                  
Reclassification of net realized gain on deconsolidation of CDO VI     $ 20,700,000            
Gain on extinguishment of debt, net     82,100,000            
Newcastle CDO VI | Variable Interest Entity, Primary Beneficiary | Available-for-sale Securities                  
Derivative [Line Items]                  
Carrying value of Newcastle's investment     43,900,000            
Newcastle CDO VI | Variable Interest Entity, Primary Beneficiary | CDO Bonds Payable                  
Derivative [Line Items]                  
CDO bonds payable     93,100,000            
Newcastle CDO VI | Variable Interest Entity, Primary Beneficiary | Other Bonds Payable                  
Derivative [Line Items]                  
Other bonds and notes payable     12,400,000            
Non-consolidated CDO Securities                  
Derivative [Line Items]                  
Face amount of securities sold $ 14,800,000.0 $ 10,000,000.0              
Number of securities sold (in securities) | security 2                
Proceeds from sale of investments $ 9,900,000 700,000              
Gain on extinguishment of debt, net $ 9,900,000 $ 700,000              
NCT 2013-VI Class I-MM-2                  
Derivative [Line Items]                  
Face amount of securities sold     $ 11,000,000            
Debt instrument, redemption price, percentage of principal amount redeemed     93.00%            
Lower Range                  
Derivative [Line Items]                  
Operating lease term             10 years    
Upper Range                  
Derivative [Line Items]                  
Operating lease term             20 years    
Interest rate cap                  
Derivative [Line Items]                  
Interest rate derivative instruments not designated as hedging instruments at fair value, net         $ 200,000   $ 200,000    
Interest rate cap | Not designated as hedging instrument                  
Derivative [Line Items]                  
Number of interest rate derivatives held (in derivative instruments) | derivative_instrument         1   1    
Other Contract | Not designated as hedging instrument | Short                  
Derivative [Line Items]                  
Derivative, number of instruments held (in contracts) | contract         6   6    
Notional amount         $ 1,457,200,000   $ 1,457,200,000    
Other Contract | Not designated as hedging instrument | Short | Forward Contracts                  
Derivative [Line Items]                  
Margin deposit assets         $ 2,900,000   $ 2,900,000   $ 1,000,000
Other Contract | Not designated as hedging instrument | Long                  
Derivative [Line Items]                  
Derivative, number of instruments held (in contracts) | contract         4   4    
Notional amount         $ 823,000,000   $ 823,000,000