Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE SECURITIES - Holdings in an Unrealized Loss Position (Details 1)

v2.4.1.9
REAL ESTATE SECURITIES - Holdings in an Unrealized Loss Position (Details 1) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Securities
Dec. 31, 2014
Carrying Value $ 231,727us-gaap_AvailableForSaleSecuritiesDebtSecurities $ 231,754us-gaap_AvailableForSaleSecuritiesDebtSecurities
Securities in an Unrealized Loss Position Less than Twelve Months [Member]    
Outstanding Face Amount 3,823us-gaap_InvestmentOwnedBalancePrincipalAmount
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossLessThanTwelveMMember
 
Before Impairment - Amortized Cost Basis 3,818nct_AvailableForSaleAmortizedCostBasisBeforeImpairment
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossLessThanTwelveMMember
 
Other Than Temporary Impairment - Amortized Cost Basis (48)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossLessThanTwelveMMember
 
Amortized Cost Basis After Impairment 3,770us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossLessThanTwelveMMember
 
Gross unrealized losses - less than twelve months (293)us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossLessThanTwelveMMember
 
Carrying value - less than twelve months 3,477us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossLessThanTwelveMMember
 
Number of securities, less than twelve months 3us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossLessThanTwelveMMember
 
Weighted Average Rating CCC-  
Weighted Average Coupon 6.49%nct_CouponWeightedAverage
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossLessThanTwelveMMember
 
Weighted Average Yield 7.05%nct_YieldWeightedAverage
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossLessThanTwelveMMember
 
Weighted Average Maturity (Years) 2 years  
Securities in an Unrealized Loss Position [Member]    
Outstanding Face Amount 3,823us-gaap_InvestmentOwnedBalancePrincipalAmount
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossMember
 
Before Impairment - Amortized Cost Basis 3,818nct_AvailableForSaleAmortizedCostBasisBeforeImpairment
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossMember
 
Other Than Temporary Impairment - Amortized Cost Basis (48)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossMember
(4,174)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossMember
Amortized Cost Basis After Impairment 3,770us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossMember
 
Gross unrealized losses - less than twelve months (293)us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossMember
 
Carrying value - less than twelve months $ 3,477us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossMember
 
Number of securities, less than twelve months 3us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossMember
 
Weighted Average Rating CCC-  
Weighted Average Coupon 6.49%nct_CouponWeightedAverage
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossMember
 
Weighted Average Yield 7.05%nct_YieldWeightedAverage
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= nct_SecuritiesUnrealizedLossMember
 
Weighted Average Maturity (Years) 2 years