Current report filing

Schedule of Real Estate Assets Acquired Subsequent Events (Details)

v2.4.0.8
Schedule of Real Estate Assets Acquired Subsequent Events (Details) (USD $)
In Thousands, unless otherwise specified
 1 Months Ended 1 Months Ended 0 Months Ended 1 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Aug. 07, 2013
Woodside Portfolio
Aug. 07, 2013
Woodside Portfolio
Minimum
Aug. 07, 2013
Florida Portfolio
Aug. 07, 2013
Florida Portfolio
Mortgage Loans on Real Estate - Tranche 1
Aug. 07, 2013
Florida Portfolio
Mortgage Loans on Real Estate - Tranche 2
Aug. 07, 2013
Florida Portfolio
Minimum
Aug. 07, 2013
Glen Riddle Portfolio
Aug. 07, 2013
Glen Riddle Portfolio
Minimum
Acquisition Date     Jul. 25, 2013 [1]   Aug. 01, 2013 [1]       Aug. 01, 2013 [2]  
Location     New York [1]   Florida/North Carolina [1]       Pennsylvania [2]  
Number of housing assets/facilities     1 [1]   15 [1]       1 [2]  
Number of beds       100 [1]       2,000 [1]   100 [2]
Acquisition Purchase Price     $ 18,900 [1]   $ 201,200 [1]       $ 21,500 [2]  
Outstanding Debt $ (120,525)    $ 14,100 [1],[3],[4]   $ 133,900 [1],[3],[4]       $ 8,600 [2],[3],[4]  
Final Stated Maturity     Aug. 31, 2016 [1]     Jul. 30, 2018 [1] Apr. 30, 2020 [1]   Oct. 31, 2017 [2]  
Weighted Average Funding Cost     LIBOR + 3.75%; LIBOR FLOOR OF 1% [1],[5]     LIBOR + 3.75%; LIBOR FLOOR OF 1% [1],[5] 5.50% to 6.76% [1],[6]   LIBOR + 3.75%; LIBOR FLOOR OF 1% [2],[5]  
[1] (B) Managed by a portfolio company of a private equity fund managed by an affiliate of the Manager
[2] (C) Managed by an affiliate of the Manager
[3] (A) Investments are financed with non-recourse debt.
[4] (A) Investments are financed with non-recourse debt
[5] (D) These financings have a LIBOR floor of 1%
[6] (E) Fixed rate loans that Newcastle assumed from the seller upon acquisition.In this transaction, Newcastle bought down the interest rate for each assumed loan for 4% for the first two years.