Quarterly report pursuant to Section 13 or 15(d)

SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

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SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs
 9 Months Ended
Sep. 30, 2013
Supplemental Non-Cash Investing And Financing Activities Related To Cdos  
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

15.   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:

 

    Nine Months Ended September 30,  
    2013     2012  
Restricted cash generated from sale of securities   $ 135,900     $ 56,629  
Restricted cash generated from sale of loans   $ 9,318     $ —  
Restricted cash generated from paydowns on securities and loans   $ 281,889     $ 197,686  
Restricted cash used for purchases of real estate securities   $ —     $ 143,184  
Restricted cash used for purchases of real estate related and other loans   $ —     $ 91,481  
Restricted cash used for repayments of CDO bonds payable   $ 337,143     $ 102,988  
Restricted cash used for purchases of derivative instruments   $ —     $ 408  
Restricted cash used for settlement of derivative instruments   $ 1,563     $ —  
Restricted cash used to return margin collateral   $ —     $ 6,550  
CDO Deconsolidation                
Real estate securities   $ —     $ 1,033,016  
Restricted cash   $ —     $ 51,522  
Derivative liabilities   $ —     $ 57,343  
CDO bonds payable   $ —     $ 1,110,694