Annual report pursuant to Section 13 and 15(d)

DISCONTINUED OPERATIONS - Results of Operations from Discontinued Operations (Details 1)

v2.4.1.9
DISCONTINUED OPERATIONS - Results of Operations from Discontinued Operations (Details 1) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Results of operations from discontinued operations                      
Net interest income (expense) $ 4,625us-gaap_InterestIncomeExpenseNet [1] $ 9,133us-gaap_InterestIncomeExpenseNet [2] $ 9,565us-gaap_InterestIncomeExpenseNet [2] $ 24,282us-gaap_InterestIncomeExpenseNet [2] $ 23,376us-gaap_InterestIncomeExpenseNet $ 29,809us-gaap_InterestIncomeExpenseNet [3] $ 42,072us-gaap_InterestIncomeExpenseNet [3] $ 39,854us-gaap_InterestIncomeExpenseNet [3] $ 47,605us-gaap_InterestIncomeExpenseNet $ 135,111us-gaap_InterestIncomeExpenseNet $ 174,715us-gaap_InterestIncomeExpenseNet
Total operating revenues 64,674us-gaap_OtherOperatingIncome [1] 81,494us-gaap_OtherOperatingIncome [2] 82,737us-gaap_OtherOperatingIncome [2] 62,632us-gaap_OtherOperatingIncome [2]       [3]    [3]    [3] 291,537us-gaap_OtherOperatingIncome    
Other Income                      
Change in fair value of investments in excess mortgage servicing rights                   3,894nct_GainLossesExcessMortgageServicingRights 9,023nct_GainLossesExcessMortgageServicingRights
Earnings from investments in equity method investees                 954nct_IncomeLossFromEquityMethodInvestments1 677nct_IncomeLossFromEquityMethodInvestments1  
Expenses                      
Property operating costs 66,316us-gaap_CostOfOtherPropertyOperatingExpense [1] 77,167us-gaap_CostOfOtherPropertyOperatingExpense [2] 75,289us-gaap_CostOfOtherPropertyOperatingExpense [2] 65,603us-gaap_CostOfOtherPropertyOperatingExpense [2]       [3]    [3]    [3] 284,375us-gaap_CostOfOtherPropertyOperatingExpense     
Management fee to affiliate                 21,039nct_ManagementFeeToAffiliate 28,057nct_ManagementFeeToAffiliate 23,611nct_ManagementFeeToAffiliate
Income (loss) from discontinued operations, net of tax                 (35,189)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 11,547us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 30,465us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Discontinued Operations [Member]                      
Results of operations from discontinued operations                      
Interest income                    15,098us-gaap_DisposalGroupIncludingDiscontinuedOperationInterestIncome
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nct_DiscontinuedOperationsResultsMember 		27,508us-gaap_DisposalGroupIncludingDiscontinuedOperationInterestIncome
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= nct_DiscontinuedOperationsResultsMember
Interest expense                 49,705us-gaap_DisposalGroupIncludingDiscontinuedOperationInterestExpense
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nct_DiscontinuedOperationsResultsMember 		12,372us-gaap_DisposalGroupIncludingDiscontinuedOperationInterestExpense
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= nct_DiscontinuedOperationsResultsMember 		1,688us-gaap_DisposalGroupIncludingDiscontinuedOperationInterestExpense
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Net interest income (expense)                 (49,705)us-gaap_InterestIncomeExpenseNet
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nct_DiscontinuedOperationsResultsMember 		2,726us-gaap_InterestIncomeExpenseNet
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= nct_DiscontinuedOperationsResultsMember 		25,820us-gaap_InterestIncomeExpenseNet
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= nct_DiscontinuedOperationsResultsMember
Media income                 68,212nct_MediaIncome
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nct_DiscontinuedOperationsResultsMember 		61,637nct_MediaIncome
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= nct_DiscontinuedOperationsResultsMember 		  
Rental Income                 194,729us-gaap_DisposalGroupIncludingDiscontinuedOperationRentalIncome
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nct_DiscontinuedOperationsResultsMember 		74,936us-gaap_DisposalGroupIncludingDiscontinuedOperationRentalIncome
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Care and ancillary income                 20,428us-gaap_HealthCareOrganizationRevenue
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= nct_DiscontinuedOperationsResultsMember 		12,387us-gaap_HealthCareOrganizationRevenue
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= nct_DiscontinuedOperationsResultsMember 		2,994us-gaap_HealthCareOrganizationRevenue
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Total operating revenues                 283,369us-gaap_OtherOperatingIncome
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nct_DiscontinuedOperationsResultsMember 		148,960us-gaap_OtherOperatingIncome
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= nct_DiscontinuedOperationsResultsMember 		20,075us-gaap_OtherOperatingIncome
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Other Income                      
Other income (loss)                 1,444nct_DisposalGroupIncludingDiscontinuedOperationOtherNonclassifiedIncome
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= nct_DiscontinuedOperationsResultsMember 		(2,404)nct_DisposalGroupIncludingDiscontinuedOperationOtherNonclassifiedIncome
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= nct_DiscontinuedOperationsResultsMember 		17,339nct_DisposalGroupIncludingDiscontinuedOperationOtherNonclassifiedIncome
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Change in fair value of investments in excess mortgage servicing rights                    3,894nct_GainLossesExcessMortgageServicingRights
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Change in fair value of investments in equity method investees                    885nct_GainLossOnEquityMethodInvestments
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Earnings from investments in equity method investees                    20,156nct_IncomeLossFromEquityMethodInvestments1
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Total other income                 1,444us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherIncome
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= nct_DiscontinuedOperationsResultsMember 		22,531us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherIncome
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= nct_DiscontinuedOperationsResultsMember 		17,339us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherIncome
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Expenses                      
Property operating costs                 152,896us-gaap_CostOfOtherPropertyOperatingExpense
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= nct_DiscontinuedOperationsResultsMember 		53,733us-gaap_CostOfOtherPropertyOperatingExpense
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= nct_DiscontinuedOperationsResultsMember 		12,969us-gaap_CostOfOtherPropertyOperatingExpense
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Media operating expenses                    49,092nct_MediaOperatingExpenses
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General and administrative expenses                 20,096us-gaap_DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
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= nct_DiscontinuedOperationsResultsMember 		21,742us-gaap_DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
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= nct_DiscontinuedOperationsResultsMember 		11,743us-gaap_DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
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Depreciation and amortization                 90,627us-gaap_DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
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= nct_DiscontinuedOperationsResultsMember 		30,969us-gaap_DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
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Management fee to affiliate                 7,789nct_ManagementFeeToAffiliate
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= nct_DiscontinuedOperationsResultsMember 		5,034nct_ManagementFeeToAffiliate
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= nct_DiscontinuedOperationsResultsMember 		1,082nct_ManagementFeeToAffiliate
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Income tax expense (benefit)                 (1,111)us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation
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= nct_DiscontinuedOperationsResultsMember 		2,100us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation
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Total expenses                 270,297us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense
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= nct_DiscontinuedOperationsResultsMember 		162,670us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense
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= nct_DiscontinuedOperationsResultsMember 		32,769us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense
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Income (loss) from discontinued operations, net of tax                 $ (35,189)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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= nct_DiscontinuedOperationsResultsMember 		$ 11,547us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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= nct_DiscontinuedOperationsResultsMember 		$ 30,465us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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[1] The options outstanding were excluded from the diluted share calculation as their effect would have been anti-dilutive.
[2] Including equity in earnings of unconsolidated subsidiaries.
[3] The Income Available for Common Stockholders shown agrees with Newcastle's quarterly report(s) on Form 10-Q as filed with the Securities and Exchange Commission. However, individual line items may vary from such report(s) due to the operations of properties sold, or classified as held for sale, during subsequent periods being retroactively reclassified to Income for Discontinued Operations for all periods presented (Note 3).