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ORGANIZATION (Details Narrative) (USD $)
In Thousands, except Share data, unless otherwise specified |
Dec. 31, 2013
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May 15, 2013
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Dec. 31, 2012
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|---|---|---|---|
| REIT Distribution Threshold for Nontaxation | 90.00% | ||
| Shares held by Fortress and affiliates in Newcastle | 6,400,000 | ||
| Stock Options outstanding | 30,542,553 | 13,409,275 | |
| Share price | $ 5.74 | $ 12.33 | |
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New Residential Spin-Off
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| Cash & Cash Equivalents | $ 181,582 | ||
| Share price | $ 5.79 | ||
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Manager
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| Stock Options outstanding | 27,492,983 | 9,685,338 |
| X | ||||||||||
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- Definition
Number of shares of the company's stock held by Fortress investments directly and through affiliates. No definition available.
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| X | ||||||||||
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- Definition
The threshold rate of income to be distributed by the company to stockholders by prescribed dates, that will generally allow the company to not be subject to US federal corporate income taxes. Other requirements also must be met. No definition available.
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| X | ||||||||||
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- Definition
For the disposal group, including a component of the entity (discontinued operation), cash includes currency on hand as well as demand deposits with banks or financial institutions. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The number of shares reserved for issuance pertaining to the outstanding stock options as of the balance sheet date for all option plans in the customized range of exercise prices. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Price of a single share of a number of saleable stocks of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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