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REAL ESTATE SECURITIES - Credit Losses on Debt Securities (Details 3) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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| Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward] | ||
| Reduction for securities transferred to New Residential | $ 3,800nct_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesTransferred | |
| Securities in an Unrealized Loss Position [Member] | ||
| Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward] | ||
| Beginning balance of credit losses on debt securities for which a portion of an OTTI was recognized in other comprehensive income |
(2,873)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
(4,770)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
| Increases to credit losses on securities for which an OTTI was previously recognized and a portion of OTTI recognized in other comprehensive income |
(4,174)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
(89)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
| Additions for credit losses on securities for which an OTTI was previously recognized without any protion of OTTI recognized in comprehensive income |
(2,874)nct_OtherThanTemporaryImpairmentCreditLossesNotRecognizedInEarningsAdditionsAdditionalCreditLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Reduction for credit losses on securities for which no OTTI was recognized in other comprehensive income at the current measurement date |
120us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Reduction for securities sold/written off during the period |
2,873us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
4,739us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
| Reduction for increases in cash flows expected to be collected that are recognized over the remaining life of the security |
1us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Ending balance of credit losses on debt securities for which a portion of an OTTI was recognized in other comprehensive income |
$ (4,174)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
$ (2,873)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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- Definition
This item represents an increase to the cumulative amount of credit losses not recognized in earnings for an other than temporary impairment (OTTI) of a debt security held for which a previous OTTI was recognized and the investor does not intend to sell the debt security and it is not more likely than not that the investor will be required to sell the debt security before recovery of its amortized cost basis. No definition available.
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- Definition
This item represents reductions in the amount of cumulative losses recognized in earnings for other than temporary impairments (OTTI) for which a portion of the impairment had been recognized in other comprehensive income (a component of shareholders' equity) due to a change in status of the impaired security because of transfer of the security in the spin-off transaction. No definition available.
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- Definition
This item represents an increase to the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security held for which a previous OTTI was recognized and the investor does not intend to sell the debt security and it is not more likely than not that the investor will be required to sell the debt security before recovery of its amortized cost basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of credit losses recognized in earnings related to debt securities held for which a portion of an other than temporary impairment (OTTI) was recognized in other comprehensive income (a component of shareholders' equity). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents reductions in the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security held due to increases in cash flows expected to be collected and recognized over the remaining life of the security. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents reductions in the amount of cumulative losses recognized in earnings for other than temporary impairments (OTTI) for which a portion of the impairment had been recognized in other comprehensive income (a component of shareholders' equity) due to a change in status of the impaired security because of a change in the entity's intent to either sell the impaired security or it has become more likely than not that the entity will be required to sell the security before recovery of its cost basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents reductions in the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security because of the sale of impaired securities during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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