Quarterly report pursuant to Section 13 or 15(d)

TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES (Details Narrative)

v3.5.0.2
TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES (Details Narrative)
$ in Thousands
 1 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
shares
Apr. 30, 2010
USD ($)
security
Sep. 30, 2016
USD ($)
shares
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
shares
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
Jul. 31, 2006
Related Party Transaction [Line Items]                
Lease term         1 year      
Management fee earned         12 months      
Manager advisory fee 1.50%   1.50%   1.50%      
Incentive compensation percentage 25.00%   25.00%   25.00%      
Simple interest rate in incentive calculation 10.00%   10.00%   10.00%      
Shares held by fortress and affiliates in newcastle (in shares) | shares 1,000,000   1,000,000   1,000,000      
Stock options outstanding (in shares) | shares 5,421,894   5,421,894   5,421,894      
Due to affiliates $ 892   $ 892   $ 892   $ 892  
Total securitized loans (unpaid principal balance) 607,551   607,551   607,551      
Investments in and advances to affiliates, at fair value, gross additions   $ 75,000            
Expected yield   22.50%            
Proceeds from collection of notes receivable 109,900              
Corporate loan investment 3,430   3,430   3,430   $ 59,034  
Interest income     32,310 $ 23,010 73,770 $ 74,353    
CDO                
Related Party Transaction [Line Items]                
Number of Securities (in contracts) | security   2            
Subprime Portfolio I                
Related Party Transaction [Line Items]                
Servicing fee percentage               0.50%
Total securitized loans (unpaid principal balance) 247,163   247,163   247,163      
Subprime Portfolio II                
Related Party Transaction [Line Items]                
Total securitized loans (unpaid principal balance) $ 360,388   $ 360,388   $ 360,388      
Affiliated Entity                
Related Party Transaction [Line Items]                
Stock options outstanding (in shares) | shares 5,100,000   5,100,000   5,100,000      
Corporate loan investment $ 57,700   $ 57,700   $ 57,700      
Interest income     $ 9,100 $ 7,300 $ 25,700 $ 18,100