Annual report pursuant to Section 13 and 15(d)

ORGANIZATION (Details Narrative)

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ORGANIZATION (Details Narrative) (USD $)
In Thousands, except Share data, unless otherwise specified
Dec. 31, 2013
May 15, 2013
Dec. 31, 2012
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  
New Residential Spin-Off
     
Cash & Cash Equivalents   $ 181,582  
Share price   $ 5.79  
Manager
     
Stock Options outstanding 27,492,983   9,685,338