Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (Unaudited)

v2.4.0.8
CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Real estate securities, available-for-sale $ 439,023 $ 984,263
Real estate related and other loans, held-for-sale, net 313,250 437,530
Residential mortgage loans, held-for-investment, net   255,450
Residential mortgage loans, held-for-sale, net 248,299 2,185
Subprime mortgage loans subject to call option 406,217 406,217
Investments in senior housing real estate, net of accumulated depreciation 1,374,710 1,362,900
Investments in other real estate, net of accumulated depreciation 262,403 266,170
Intangibles, net of accumulated amortization 187,101 199,725
Other investments 25,795 25,468
Cash and cash equivalents 122,053 74,133
Restricted cash 4,314 5,889
Receivables and other assets 137,444 141,887
Assets of discontinued operations   690,746
Total Assets 3,520,609 4,852,563
Liabilities    
CDO bonds payable 408,813 544,525
Other bonds and notes payable 221,305 230,279
Repurchase agreements 74,863 556,347
Mortgage notes payable 1,091,823 1,076,828
Credit facilities, golf 152,961 152,498
Financing of subprime mortgage loans subject to call option 406,217 406,217
Junior subordinated notes payable 51,236 51,237
Dividends Payable 36,075 36,075
Accounts payable, accrued expenses and other liabilities 271,841 277,166
Liabilities of discontinued operations   295,267
Total Liabilities 2,715,134 3,626,439
Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized, 1,347,321 shares of 9.75% Series B Cumulative Redeemable Preferred Stock, 496,000 shares of 8.05% Series C Cumulative Redeemable Preferred Stock, and 620,000 shares of 8.375% Series D Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share, issued and outstanding as of March 31, 2014 and December 31, 2013 61,583 61,583
Common stock, $0.01 par value, 1,000,000,000 shares authorized, 351,453,495 shares issued and outstanding at March 31, 2014 and December 31, 2013 3,515 3,515
Additional paid-in capital 2,970,786 2,970,786
Accumulated deficit (2,310,496) (1,947,913)
Accumulated other comprehensive income - Note 2 79,860 76,874
Total Newcastle Stockholders' Equity 805,248 1,164,845
Noncontrolling interests 227 61,279
Total Equity 805,475 1,226,124
Total Liabilities and Equity 3,520,609 4,852,563
Non Recourse VIE Financing Structures [Member}
    
Assets    
Real estate securities, available-for-sale 431,617 426,695
Real estate related and other loans, held-for-sale, net 313,250 437,530
Residential mortgage loans, held-for-sale, net 215,991 223,628
Subprime mortgage loans subject to call option 406,217 406,217
Investments in other real estate, net of accumulated depreciation 6,573 6,597
Other investments 19,556 19,308
Restricted cash 1,338 2,377
Receivables and other assets 4,046 3,727
Total Assets 1,398,588 1,526,079
Liabilities    
CDO bonds payable 408,813 544,525
Other bonds and notes payable 221,305 230,279
Financing of subprime mortgage loans subject to call option 406,217 406,217
Derivative liabilities 10,514 13,795
Accounts payable, accrued expenses and other liabilities 1,745 6,766
Total Liabilities $ 1,048,594 $ 1,201,582