Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING AND VARIABLE INTEREST ENTITIES (Details Narrative)

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SEGMENT REPORTING AND VARIABLE INTEREST ENTITIES (Details Narrative) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2014
Investments, net $ 3,002,236 [1] $ 3,002,236 [1]
Debt, net 2,142,875 [1] 2,142,875 [1]
Debt Face Amount 2,147,137 2,147,137
Non Recourse VIE Financing Structures [Member] | CDO V [Member]
   
Debt Face Amount 41,400 41,400
Carrying Value of Newcastle's Investment 7,013 [2] 7,013 [2]
Inter-segment Elimination [Member]
   
Investments, net 39,700 39,700
Debt, net 39,700 39,700
Golf [Member]
   
Rental expense - carts and equipment 1,200 3,900
Investments, net 332,897 [1] 332,897 [1]
Debt, net $ 160,692 [1] $ 160,692 [1]
[1] Net of $39.7 million of inter-segment eliminations.
[2] This amount represents Newcastle?s maximum exposure to loss from this entity.