Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (Unaudited)

v2.4.0.8
CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets    
Real estate securities, available-for-sale $ 310,639 $ 984,263
Real estate related and other loans, held-for-sale, net 224,992 437,530
Residential mortgage loans, held-for-investment, net   255,450
Residential mortgage loans, held-for-sale, net 4,036 2,185
Subprime mortgage loans subject to call option 406,217 406,217
Investments in senior housing real estate, net of accumulated depreciation 1,582,477 1,362,900
Investments in other real estate, net of accumulated depreciation 245,510 250,208
Intangibles, net of accumulated amortization 201,909 196,407
Other investments 26,456 25,468
Cash and cash equivalents 257,584 73,984
Restricted cash 4,624 5,856
Receivables and other assets 111,996 139,595
Assets of discontinued operations 6,863 697,572
Total Assets 3,383,303 4,837,635
Liabilities    
CDO bonds payable 230,858 544,525
Other bonds and notes payable 82,063 230,279
Repurchase agreements 63,804 556,347
Mortgage notes payable 1,148,008 1,076,828
Credit facilities and obligations under capital leases, golf 160,692 152,498
Financing of subprime mortgage loans subject to call option 406,217 406,217
Junior subordinated notes payable 51,233 51,237
Dividends Payable 40,770 36,075
Accounts payable, accrued expenses and other liabilities 249,065 261,825
Liabilities of discontinued operations 412 295,680
Total Liabilities 2,433,122 3,611,511
Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized, 1,347,321 shares of 9.75% Series B Cumulative Redeemable Preferred Stock, 496,000 shares of 8.05% Series C Cumulative Redeemable Preferred Stock, and 620,000 shares of 8.375% Series D Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share, issued and outstanding as of September 30, 2014 and December 31, 2013 61,583 61,583
Common stock, $0.01 par value, 1,000,000,000 shares authorized, 66,399,857 and 58,575,583 shares issued and outstanding, at September 30, 2014 and December 31, 2013, respectively 664 586
Additional paid-in capital 3,171,983 2,973,715
Accumulated deficit (2,350,567) (1,947,913)
Accumulated other comprehensive income 66,342 76,874
Total Newcastle Stockholders' Equity 950,005 1,164,845
Noncontrolling interests 176 61,279
Total Equity 950,181 1,226,124
Total Liabilities and Equity 3,383,303 4,837,635
Non Recourse VIE Financing Structures [Member]
    
Assets    
Real estate securities, available-for-sale 299,362 426,695
Real estate related and other loans, held-for-sale, net 224,992 437,530
Residential mortgage loans, held-for-sale, net 3,117 223,628
Subprime mortgage loans subject to call option 406,217 406,217
Other investments 20,057 19,308
Restricted cash 1,672 2,344
Receivables and other assets 2,864 3,680
Assets of discontinued operations 6,627 6,677
Total Assets 964,908 1,526,079
Liabilities    
CDO bonds payable 230,858 544,525
Other bonds and notes payable 82,063 230,279
Financing of subprime mortgage loans subject to call option 406,217 406,217
Accounts payable, accrued expenses and other liabilities 4,844 20,148
Liabilities of discontinued operations 412 413
Total Liabilities $ 724,394 $ 1,201,582