Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS - Summarized Financial Information (Details 1)

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ACQUISITIONS - Summarized Financial Information (Details 1) (USD $)
In Thousands, unless otherwise specified
 1 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Sep. 30, 2013
Dow Jones Local Media Group
Balance Sheet:      
Total Assets     $ 107,011 [1]
Total Liabilities     52,053 [1]
Total Equity     54,958
Newcastle's investment 57,384    57,384 [2]
Statement of Income:      
Total Revenue     12,043
Depreciation and Amortization     945
Other Expenses     10,629
Total Expenses     11,574
Provision for Taxes     (576)
Net Income     $ 1,045
[1] (A) Due to the timing of the acquisition, Newcastle is still obtaining additional information relating to the purchase price allocation. Therefore, the review process of the purchase price allocation is not complete. Newcastle expects to complete this process by December 31, 2013.
[2] (B) This amount represents Newcastle's maximum exposure to loss from this entity and includes capitalized acquisition expenses of $2.4 million.