Annual report pursuant to Section 13 and 15(d)

SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED) (Details)

v2.4.1.9
SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED) (Details) (USD $)
In Thousands, except Share data, 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
Quarterly Financial Information Disclosure [Abstract]                      
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
Interest expense 19,113us-gaap_InterestExpense [1] 18,411us-gaap_InterestExpense [2] 20,328us-gaap_InterestExpense [2] 22,170us-gaap_InterestExpense [2] 18,696us-gaap_InterestExpense 17,675us-gaap_InterestExpense [3] 20,752us-gaap_InterestExpense [3] 21,478us-gaap_InterestExpense [3] 80,022us-gaap_InterestExpense 78,601us-gaap_InterestExpense 108,236us-gaap_InterestExpense
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 Impairment (Reversal) (1,176)nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans [1] (4,015)nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans [2] 1,526nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans [2] 1,246nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans [2] (12,745)nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans (12,998)nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans [3] 3,201nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans [3] 2,773nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans [3] (2,419)nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans (19,769)nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans (5,664)nct_ImpairmentNetOfTheReversalOfPriorValuationAllowancesOnLoans
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    
Total other income 4,329us-gaap_NonoperatingGainsLosses [1],[2] 12,618us-gaap_NonoperatingGainsLosses [2],[3] 41,707us-gaap_NonoperatingGainsLosses [2],[3] 15,808us-gaap_NonoperatingGainsLosses [2],[3] 14,766us-gaap_NonoperatingGainsLosses [2] 6,784us-gaap_NonoperatingGainsLosses [2],[3] 7,978us-gaap_NonoperatingGainsLosses [2],[3] 5,762us-gaap_NonoperatingGainsLosses [2],[3] 74,462us-gaap_NonoperatingGainsLosses [2] 35,290us-gaap_NonoperatingGainsLosses [2] 262,376us-gaap_NonoperatingGainsLosses
Property operating expenses 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     
Depreciation and amortization 7,583us-gaap_DepreciationDepletionAndAmortization [1] 7,204us-gaap_DepreciationDepletionAndAmortization [2] 6,317us-gaap_DepreciationDepletionAndAmortization [2] 5,863us-gaap_DepreciationDepletionAndAmortization [2] 2us-gaap_DepreciationDepletionAndAmortization 2us-gaap_DepreciationDepletionAndAmortization [3]    [3]    [3] 26,967us-gaap_DepreciationDepletionAndAmortization 4us-gaap_DepreciationDepletionAndAmortization  
Other operating expenses 7,150nct_OtherOperatingExpenses [1] 8,955nct_OtherOperatingExpenses [2] 10,471nct_OtherOperatingExpenses [2] 10,314nct_OtherOperatingExpenses [2] 11,770nct_OtherOperatingExpenses 8,533nct_OtherOperatingExpenses [3] 16,339nct_OtherOperatingExpenses [3] 12,730nct_OtherOperatingExpenses [3] 36,890nct_OtherOperatingExpenses 49,372nct_OtherOperatingExpenses  
Income tax expense 64us-gaap_IncomeTaxExpenseBenefit [1]    [2] 4us-gaap_IncomeTaxExpenseBenefit [2] 140us-gaap_IncomeTaxExpenseBenefit [2],[3]       [3]    [3]    [3] 208us-gaap_IncomeTaxExpenseBenefit    
Income from continuing operations (6,309)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [1] 13,934us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2] 40,402us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2] 19,556us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2],[3] 39,115us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 41,056us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [3] 30,510us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [3] 30,113us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [3] 67,583us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 140,794us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 403,645us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income (loss) from discontinued operations (2,762)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [1] (8,624)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [2] (8,504)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [2] (15,299)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [2],[3] (10,180)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (9,386)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [3] 23,213us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [3] 7,900us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [3] (35,189)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 11,547us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax  
Preferred dividends (1,395)us-gaap_PreferredStockDividendsIncomeStatementImpact [1] (1,395)us-gaap_PreferredStockDividendsIncomeStatementImpact [2] (1,395)us-gaap_PreferredStockDividendsIncomeStatementImpact [2] (1,395)us-gaap_PreferredStockDividendsIncomeStatementImpact [2],[3] (1,395)us-gaap_PreferredStockDividendsIncomeStatementImpact (1,395)us-gaap_PreferredStockDividendsIncomeStatementImpact [3] (1,395)us-gaap_PreferredStockDividendsIncomeStatementImpact [3] (1,395)us-gaap_PreferredStockDividendsIncomeStatementImpact [3] (5,580)us-gaap_PreferredStockDividendsIncomeStatementImpact (5,580)us-gaap_PreferredStockDividendsIncomeStatementImpact (5,580)us-gaap_PreferredStockDividendsIncomeStatementImpact
Net income (loss) attributable to noncontrolling interests 141us-gaap_NetIncomeLossAttributableToNoncontrollingInterest [1] 21us-gaap_NetIncomeLossAttributableToNoncontrollingInterest [2] 29us-gaap_NetIncomeLossAttributableToNoncontrollingInterest [2] 661us-gaap_NetIncomeLossAttributableToNoncontrollingInterest [2],[3] (928)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest    [3]    [3]    [3] 852us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (928)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest   
Income Applicable to Common Stockholders $ (10,325)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [1] $ 3,936us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [2] $ 30,532us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [2] $ 3,523us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [2],[3] $ 26,612us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 30,275us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [3] $ 52,328us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [3] $ 36,618us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [3] $ 27,666us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 145,833us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 428,530us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Income (Loss) Per Share of Common Stock                      
Basic $ (0.16)us-gaap_EarningsPerShareBasic [1] $ 0.06us-gaap_EarningsPerShareBasic [3] $ 0.52us-gaap_EarningsPerShareBasic [3] $ 0.06us-gaap_EarningsPerShareBasic [3] $ 0.50us-gaap_EarningsPerShareBasic [4] $ 0.62us-gaap_EarningsPerShareBasic [3] $ 1.21us-gaap_EarningsPerShareBasic [3] $ 0.93us-gaap_EarningsPerShareBasic [3] $ 0.45us-gaap_EarningsPerShareBasic [4] $ 3.16us-gaap_EarningsPerShareBasic [4] $ 17.84us-gaap_EarningsPerShareBasic [4]
Diluted $ (0.16)us-gaap_EarningsPerShareDiluted [1] $ 0.06us-gaap_EarningsPerShareDiluted [3] $ 0.50us-gaap_EarningsPerShareDiluted [3] $ 0.06us-gaap_EarningsPerShareDiluted [3] $ 0.49us-gaap_EarningsPerShareDiluted [4] $ 0.60us-gaap_EarningsPerShareDiluted [3] $ 1.18us-gaap_EarningsPerShareDiluted [3] $ 0.92us-gaap_EarningsPerShareDiluted [3] $ 0.44us-gaap_EarningsPerShareDiluted [4] $ 3.09us-gaap_EarningsPerShareDiluted [4] $ 17.64us-gaap_EarningsPerShareDiluted [4]
Income (loss) from discontinued operations per share of common stock                      
Basic $ (0.04)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [1] $ (0.14)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [3] $ (0.15)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [3] $ (0.26)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [3] $ (0.19)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [4] $ (0.19)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [3] $ 0.54us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [3] $ 0.20us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [3] $ (0.57)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [4] $ 0.25us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [4] $ 1.27us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [4]
Diluted $ (0.04)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [1] $ (0.14)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [3] $ (0.15)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [3] $ (0.26)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [3] $ (0.19)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [4] $ (0.19)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [3] $ 0.52us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [3] $ 0.20us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [3] $ (0.57)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [4] $ 0.24us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [4] $ 1.25us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [4]
Weighted Average Number of Shares of Common Stock Outstanding                      
Basic 66,404,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [1] 62,329,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [3] 58,600,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [3] 58,576,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [3] 53,114,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 48,896,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [3] 43,205,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [3] 39,189,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [3] 61,500,913us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [4] 46,146,882us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [4] 24,024,395us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [4]
Diluted 66,404,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1] 63,866,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [3] 60,477,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [3] 60,511,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [3] 54,267,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 50,171,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [3] 44,233,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [3] 40,013,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [3] 63,131,227us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [4] 47,218,274us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [4] 24,294,402us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [4]
[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).
[4] All per share amounts and shares outstanding for all periods reflect the 1-for-3 reverse stock split, which was effective after the close of trading on August 18, 2014 and the 1-for-2 reverse stock split, which was effective after the close of trading on October 22, 2014.