Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING AND VARIABLE INTEREST ENTITIES - Holdings in Variable Interest Entities (Details 3)

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SEGMENT REPORTING AND VARIABLE INTEREST ENTITIES - Holdings in Variable Interest Entities (Details 3) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Carrying Value of Newcastle's Investment $ 5,100
VIE | CDO V
  
Gross Assets 208,193 [1]
Debt 233,972 [1],[2]
Carrying Value of Newcastle's Investment 5,058 [3]
VIE | CDO VIII Repack
  
Gross Assets 207,624 [1],[4]
Debt 207,624 [1],[2],[4]
Carrying Value of Newcastle's Investment $ 103,140 [3],[4]
[1] (A) Face amount.
[2] (B) Newcastle CDO V includes $42.9 million face amount of debt owned by Newcastle with a carrying value of $5.1 million at September 30, 2013. CDO VIII Repack includes $116.8 million face amount of debt owned by Newcastle with a carrying value of $103.1 million at September 30, 2013.
[3] (C) This amount represents Newcastle's maximum exposure to loss from this entity.
[4] (D) See Notes 9 and 10 for information about the securitization that is collateralized by certain Newcastle CDO VIII Class I notes.