Quarterly report pursuant to Section 13 or 15(d)

SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

 v2.3.0.11
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs
 6 Months Ended
Jun. 30, 2011
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

11. SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

Newcastle considers all activity in its CDOs’ restricted cash accounts to be non-cash activity for purposes of its consolidated statement of cash flows since transactions conducted with restricted cash have no effect on its cash and cash equivalents. Supplemental non-cash investing and financing activities relating to CDOs are disclosed below:

 

     Six Months Ended June 30,  
     2011      2010  

Restricted cash generated from sale of securities

    $ 228,109       $ 90,755   

Restricted cash generated from sale of real estate related loans

    $ 86,349       $ 24,670   

Restricted cash generated from paydowns on securities and loans

    $ 384,949       $ 246,947   

Restricted cash used for purchases of real estate securities

    $ 184,239       $ 181,712   

Restricted cash used for purchases of real estate related loans

    $ 269,850       $ 104,117   

Restricted cash used for repayments of CDO bonds payable

    $ 91,367       $ 93,734   

Restricted cash used for repurchases of CDO bonds payable

    $ —         $ 14,183   

CDO V deconsolidation:

      

Real estate securities

    $ 262,617       $ —     

Restricted cash

    $ 37,988       $ —     

Derivative liabilities

    $ 20,257       $ —     

CDO bonds payable

    $ 336,046       $ —