Annual report pursuant to Section 13 and 15(d)

REAL ESTATE RELATED LOANS, RESIDENTIAL MORTGAGE LOANS AND SUBPRIME MORTGAGE LOANS - Loans By Maturity (Details 3)

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REAL ESTATE RELATED LOANS, RESIDENTIAL MORTGAGE LOANS AND SUBPRIME MORTGAGE LOANS - Loans By Maturity (Details 3) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Loans
Dec. 31, 2013
Outstanding Face Amount    
Outstanding face amount $ 328,101us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages  
Carrying Value    
Total 230,200us-gaap_LoansAndLeasesReceivableNetReportedAmount  
Number of Loans    
Total 14nct_MortgageLoansOnRealEstateNumberOfLoans1  
Total Real Estate Related and Other Loans Held-for-Sale, Net [Member]    
Outstanding Face Amount    
Delinquent face amount 12,000us-gaap_MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		[1],[2]  
2015 64,607nct_LoansReceivableMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsFace
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2016 64,799nct_LoansReceivableMaturitiesRepaymentsOfPrincipalInYearTwoFace
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2017 24,294nct_LoansReceivableMaturitiesRepaymentsOfPrincipalInYearThreeFace
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2018 21,865nct_LoansReceivableMaturitiesRepaymentsOfPrincipalInYearFourFace
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2019 127,845nct_LoansReceivableMaturitiesRepaymentsOfPrincipalInYearFiveFace
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
Thereafter 12,691nct_LoansReceivableMaturitiesRepaymentsOfPrincipalFaceThereafter
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
Outstanding face amount 328,101us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
Carrying Value    
2015 4,990nct_LoansReceivableMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2016 63,185nct_LoansReceivableMaturitiesRepaymentsOfPrincipalInYearTwo
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2017 24,294nct_LoansReceivableMaturitiesRepaymentsOfPrincipalInYearThree
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2018 18,748nct_LoansReceivableMaturitiesRepaymentsOfPrincipalInYearFour
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2019 107,266nct_LoansReceivableMaturitiesRepaymentsOfPrincipalInYearFive
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
Thereafter 11,717nct_LoansReceivableMaturitiesRepaymentsOfPrincipalThereafter
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
Total $ 230,200us-gaap_LoansAndLeasesReceivableNetReportedAmount
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		[3] $ 437,530us-gaap_LoansAndLeasesReceivableNetReportedAmount
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		[4]
Number of Loans    
Delinquent face amount 1nct_MortgageLoansOnRealEstateNumberOfLoansDelinquent
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		[2]  
2015 6nct_MortgageLoansOnRealEstateNumberOfLoansMaturingNextTwelveMonths
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2016 2nct_MortgageLoansOnRealEstateNumberOfLoansMaturingInYearTwo
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2017 1nct_MortgageLoansOnRealEstateNumberOfLoansMaturingInYearThree
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2018 1nct_MortgageLoansOnRealEstateNumberOfLoansMaturingInYearFour
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
2019 2nct_MortgageLoansOnRealEstateNumberOfLoansMaturingInYearFive
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
Thereafter 1nct_MortgageLoansOnRealEstateNumberOfLoansMaturingThereafter
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
Total 14nct_MortgageLoansOnRealEstateNumberOfLoans1
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= nct_RealEstateRelatedAndOtherLoansHeldForSaleMember 		 
[1] Includes loans that are 60 days or more past due (including loans that are in foreclosure and borrowers in bankruptcy) or considered real estate owned ("REO"). As of December 31, 2014 and December 31, 2013, $76.5 million and $76.5 million face amount of real estate related and other loans, respectively, was on non-accrual status.
[2] Includes loans that are non-performing, in foreclosure, or under bankruptcy.
[3] The aggregate United States federal income tax basis for such assets at December 31, 2014 was approximately $253.5 million (unaudited), excluding the securitized subprime mortgage loans, which are fully consolidated for tax purposes. Carrying value includes negligible interest receivable for the residential housing loans.
[4] Loans which are more than 3% of the total current carrying value (or $13.1 million) at December 31, 2013 are as follows: (See Schedule of large loans)