TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES (Details Narrative) (USD $) In Thousands, except Share data, unless otherwise specified
|
1 Months Ended |
3 Months Ended |
12 Months Ended |
Jan. 31, 2011
|
Apr. 30, 2010
|
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
|
Manager Advisory Fee |
|
|
1.50%nct_ManagementAdvisoryFee
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.50%nct_ManagementAdvisoryFee
|
|
|
Incentive compensation percentage |
|
|
$ 0.25nct_IncentiveCompensationPercentage
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0.25nct_IncentiveCompensationPercentage
|
|
|
Simple interest rate in incentive calculation |
|
|
10.00%nct_SimpleInterestRateInIncentiveCalculation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10.00%nct_SimpleInterestRateInIncentiveCalculation
|
|
|
Shares held by Fortress and affiliates in Newcastle |
|
|
1,100,000nct_FortressDirectIndirectSharesNewcastle
|
|
|
|
|
|
|
|
6,400,000nct_FortressDirectIndirectSharesNewcastle
|
|
|
|
|
|
|
1,100,000nct_FortressDirectIndirectSharesNewcastle
|
6,400,000nct_FortressDirectIndirectSharesNewcastle
|
|
Stock Options outstanding |
|
|
5,500,599us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
|
|
|
|
|
|
|
5,090,427us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
|
|
|
|
|
|
5,500,599us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
5,090,427us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
|
Cash investments made in affiliates or related companies |
$ 47,000us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossAdditions
|
$ 75,000us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossAdditions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected yield |
|
22.00%nct_ExpectedYield
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Origination fee |
2.00%nct_OriginationFee
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real estate securities |
|
|
231,754us-gaap_AvailableForSaleSecuritiesDebtSecurities
|
|
|
|
|
|
|
|
432,993us-gaap_AvailableForSaleSecuritiesDebtSecurities
|
|
|
|
|
|
|
231,754us-gaap_AvailableForSaleSecuritiesDebtSecurities
|
432,993us-gaap_AvailableForSaleSecuritiesDebtSecurities
|
|
Interest income |
|
|
23,738us-gaap_InterestAndDividendIncomeOperating
|
[1] |
27,544us-gaap_InterestAndDividendIncomeOperating
|
[2] |
29,893us-gaap_InterestAndDividendIncomeOperating
|
[2] |
46,452us-gaap_InterestAndDividendIncomeOperating
|
[2],[3] |
42,072us-gaap_InterestAndDividendIncomeOperating
|
47,484us-gaap_InterestAndDividendIncomeOperating
|
[3] |
62,824us-gaap_InterestAndDividendIncomeOperating
|
[3] |
61,332us-gaap_InterestAndDividendIncomeOperating
|
[3] |
127,627us-gaap_InterestAndDividendIncomeOperating
|
213,712us-gaap_InterestAndDividendIncomeOperating
|
282,951us-gaap_InterestAndDividendIncomeOperating
|
Subprime Portfolio I [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Servicing fee percentage |
|
|
0.50%nct_ServicingFeePercentage / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = nct_SubprimePortfolioIMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.50%nct_ServicingFeePercentage / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = nct_SubprimePortfolioIMember
|
|
|
Subprime Portfolio II [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Servicing fee percentage |
|
|
0.50%nct_ServicingFeePercentage / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = nct_SubprimePortfolioIIMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.50%nct_ServicingFeePercentage / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = nct_SubprimePortfolioIIMember
|
|
|
Affiliates [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock Options outstanding |
|
|
4,991,752us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_AffiliatedEntityMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,991,752us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_AffiliatedEntityMember
|
|
|
Real estate securities |
|
|
116,000us-gaap_AvailableForSaleSecuritiesDebtSecurities / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_AffiliatedEntityMember
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
116,000us-gaap_AvailableForSaleSecuritiesDebtSecurities / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_AffiliatedEntityMember
|
|
|
Interest income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20,000us-gaap_InterestAndDividendIncomeOperating / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_AffiliatedEntityMember
|
36,500us-gaap_InterestAndDividendIncomeOperating / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_AffiliatedEntityMember
|
25,800us-gaap_InterestAndDividendIncomeOperating / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_AffiliatedEntityMember
|
Principal of Manager [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aircraft charter expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
200us-gaap_AircraftRental / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_PrincipalOwnerMember
|
|
|
Principal of Manager [Member] | Less than |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aircraft charter expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 100us-gaap_AircraftRental / us-gaap_RangeAxis = nct_Minimum1Member / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_PrincipalOwnerMember
|
|
|
|