Annual report pursuant to Section 13 and 15(d)

ORGANIZATION (Tables)

v2.4.1.9
ORGANIZATION (Tables)
12 Months Ended
Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of common stock issued

The following table presents information on shares of Newcastle’s common stock issued subsequent to its formation:

 
                   
Year   Shares Issued   Range of Issue
Prices (1)(2)
  Net Proceeds
(millions)
Formation - 2011   17,530,168          
2012   11,224,106     $37.32 - $40.26   $ 434.9  
2013   29,821,308     $29.82 - $62.88   $ 1,262.6  
2014   7,848,926     $25.92   $ 197.9  
December 31, 2014   66,424,508          
   
(1) Excludes prices of shares issued pursuant to the exercise of options and of shares issued to Newcastle’s independent directors.
   
(2) On May 15, 2013, Newcastle completed the spin-off of New Residential. The May 15, 2013 closing price of Newcastle’s common stock on the NYSE was $73.98, and the opening price of Newcastle’s common stock on May 16, 2013 was $34.74. On February 13, 2014, Newcastle completed the spin-off of New Media. The February 13, 2014 closing price of Newcastle's common stock was $34.50, and the opening price of Newcastle's common stock on February 14, 2014 was $29.88. On November 6, 2014, Newcastle completed the spin-off of New Senior. The November 6, 2014 closing price of Newcastle's common stock on the NYSE was $23.53, and the opening price of Newcastle's common stock on November 7, 2014 was $4.00.