Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE SECURITIES (Details Narrative)

v2.4.0.6
REAL ESTATE SECURITIES (Details Narrative) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Real Estate Securities Details Narrative  
Retained bonds, within principal subordination rate, face amount from Securitization Trust 2006 $ 4,000
Retained bonds, within principal subordination rate, carrying value from Securitization Trust 2006 1,100
Non-Agency RMBS Purchased, face amount 177,400
Non-Agency RMBS Purchased, carrying value 119,500
CDO Bonds issued by Third party carrying value 58,300
Carrying Value of Newcastle's Investment (C) 3,957
CDO Bonds isued by C-BASS carrying value 2,800
Total Outstanding face amount of fixed rate securities 1,600,000
Total Outstanding face amount of floating rate securities 1,000,000
Other Than Temporary Impairment Charges in period 16,742
Gross OTTI charges recognized in OCI (3,069)
Restricted Cash held in CDO financing structures $ 63,400