Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables)

v2.4.0.8
INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables)
9 Months Ended
Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
The following table summarizes Newcastle’s intangible assets related to its senior housing real estate and golf business:
 
September 30, 2014
 
December 31, 2013
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
Senior Housing
 
 
 
 
 
 
 
 
 
 
 
   In-place resident lease intangibles
$
165,651

 
$
(62,003
)
 
$
103,648

 
$
112,267

 
$
(21,902
)
 
$
90,365

   Above market lease intangibles
2,567

 
(87
)
 
2,480

 
1,546

 
(2
)
 
1,544

   Other intangibles
9,242

 
(848
)
 
8,394

 
9,298

 
(348
)
 
8,950

Total Senior Housing
177,460

 
(62,938
)
 
114,522

 
123,111

 
(22,252
)
 
100,859

Golf
 
 
 
 
 
 
 
 
 
 
 
   Trade name
700

 
(17
)
 
683

 
700

 

 
700

   Leasehold intangibles
50,275

 
(3,903
)
 
46,372

 
50,275

 

 
50,275

   Management contracts
37,650

 
(3,500
)
 
34,150

 
37,659

 

 
37,659

   Internally-developed software
800

 
(120
)
 
680

 
800

 

 
800

   Membership base
5,214

 
(562
)
 
4,652

 
5,214

 

 
5,214

   Nonamortizable liquor license
850

 

 
850

 
900

 

 
900

Total Golf
95,489

 
(8,102
)
 
87,387

 
95,548

 

 
95,548

 
 
 
 
 
 
 
 
 
 
 
 
Total Intangibles
$
272,949

 
$
(71,040
)
 
$
201,909

 
$
218,659

 
$
(22,252
)
 
$
196,407