|
SEGMENT REPORTING (Details Narrative) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Jun. 30, 2012
|
Dec. 31, 2011
|
|
| Aggregate Face Amount of debt | $ 154,800 | |
| Carrying Value of debt | 141,000 | |
| Repurchase Agreement - FNMA/FHLMC securities | 3,161 | |
| Carrying value of FNMA/FHLMC securities | 337,600 | |
| Repurchase Agreement - Newcastle CDO VI | 1,900 | |
| Senior notes Newcastle CDO VI | 27,300 | |
| Non-agency residential mortgage backed securities purchased | 10 | |
| Aggregate Face Amount of Non-Agency securities purchased | 181,600 | |
| Aggregate purchase price of non-agency securities | 122,400 | |
| Average price (percentage of par) of Non-Agency securities purchased | 67.40% | |
| Aggregate Face Amount of Debt, Non-Agency RE Securities | 177,400 | |
| Carrying Value of debt, Non-Agency RE Securities | 119,500 | |
| Face amount of debt in VIE | 42,300 | |
| Carrying Value of Newcastle's Investment (C) | 3,957 | |
| Face amount of CDO V Class I notes | 5,300 | |
|
Recourse Financing Structures Unlevered Assets and Other Liabilities
|
||
| Recourse debt | $ 317,972 |
| X | ||||||||||
|
- Definition
The carrying value of the debt financing as of balance sheet date provided by CDO segment, which is eliminated upon consolidation. No definition available.
|
| X | ||||||||||
|
- Definition
The face amount of the debt financing as of balance sheet date provided by CDO segment, which is eliminated upon consolidation. No definition available.
|
| X | ||||||||||
|
- Definition
The face amount of debt holdings owned by Newcastle in the VIE. No definition available.
|
| X | ||||||||||
|
- Definition
The face amount of CDO V Class I notes owned by Newcastle. No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value of company's investment in the variable interest entity, Newcastle CDO V. No definition available.
|
| X | ||||||||||
|
- Definition
The carrying value of non-agency real estate securities,at period end, in the unlevered other segment purchased during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The face amount of non-agency real estate securities,at time of purchase, in the unlevered other segment purchased during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The face amount of real estate securities,at period end, in the unlevered other segment purchased during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The purchase price, as a percentage of par value, of non-agency real estate securities in the unlevered other segment purchased during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The aggregate purchase price of non-agency real estate securities in the unlevered other segment purchased during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The number of non-agency real estate securities in the unlevered other segment purchased during the period. No definition available.
|
| X | ||||||||||
|
- Definition
Company's repurchase agreement in conjunction with holdings in Newcastle CDO VI. No definition available.
|
| X | ||||||||||
|
- Definition
Company's repurchase agreement in conjunction with holdings of US Government Agency Issued Debt Securities. No definition available.
|
| X | ||||||||||
|
- Definition
The carrying value as of the balance sheet date of securities that an institution sells and agrees to repurchase (the identical or substantially the same securities) as a seller-borrower at a specified date for a specified price, also known as a repurchase agreement, or repo. Most repos involve obligations of the federal government or its agencies, but other financial instruments, such as commercial paper, banker's acceptances, and negotiable certificates of deposit, are sometimes used in repos. No definition available.
|
| X | ||||||||||
|
- Definition
The face amount of the company's holdings of senior notes issued by Newcastle CDO VI used to secure the repurchase agreement. These notes were repurchased by Newcastle and eliminated upon consolidation. No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value of company's holdings of US Government Agency Issued Debt Securities. No definition available.
|