Drive Shack Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING AND VARIABLE INTEREST ENTITIES - Variable Interest Entities (Details 2)

SEGMENT REPORTING AND VARIABLE INTEREST ENTITIES - Variable Interest Entities (Details 2) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Assets of consolidated VIEs that can only be used to settle obligations of consolidated VIEs
Real estate securities, available-for-sale	$ 231,727	$ 231,754
Real estate related and other loans, held-for-sale, net	197,251	230,200
Subprime mortgage loans subject to call option	406,217	406,217
Other investments	27,102us-gaap_OtherInvestments	26,788us-gaap_OtherInvestments
Restricted cash	21,874	15,714
Receivables and other assets	37,448us-gaap_OtherAssets	35,191us-gaap_OtherAssets
Assets of discontinued operations	6,883	6,803
Total Assets	1,713,325us-gaap_Assets	1,761,906us-gaap_Assets
Liabilities of consolidated VIEs for which creditors or beneficial interest holders do not have recourse to the general credit of Newcastle
CDO bonds payable	216,464us-gaap_SecuredDebt	227,673us-gaap_SecuredDebt
Other bonds and notes payable	25,317us-gaap_OtherLongTermDebt	27,069us-gaap_OtherLongTermDebt
Financing of subprime mortgage loans subject to call option	406,217	406,217
Accounts payable, accrued expenses and other liabilities	173,489	179,390
Liabilities of discontinued operations	502	447
Total Liabilities	1,466,729us-gaap_Liabilities	1,503,578us-gaap_Liabilities
Non Recourse VIE Financing Structures [Member]
Assets of consolidated VIEs that can only be used to settle obligations of consolidated VIEs
Real estate securities, available-for-sale	219,475	219,490
Real estate related and other loans, held-for-sale, net	197,251	230,200
Residential mortgage loans, held-for-investment, net	3,164	3,211
Subprime mortgage loans subject to call option	406,217	406,217
Other investments	20,546	20,308
Restricted cash	14,149	11,790
Receivables and other assets	1,575	1,927
Assets of discontinued operations	6,883	6,803
Total Assets	869,260	899,946
Liabilities of consolidated VIEs for which creditors or beneficial interest holders do not have recourse to the general credit of Newcastle
CDO bonds payable	216,464	227,673
Other bonds and notes payable	25,317	27,069
Financing of subprime mortgage loans subject to call option	406,217	406,217
Accounts payable, accrued expenses and other liabilities	1,386	2,391
Liabilities of discontinued operations	502	447
Total Liabilities	$ 649,886	$ 663,797