Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN OTHER REAL ESTATE, NET OF ACCUMULATED DEPRECIATION (Tables)

v3.3.0.814
INVESTMENTS IN OTHER REAL ESTATE, NET OF ACCUMULATED DEPRECIATION (Tables)
 9 Months Ended
Sep. 30, 2015
Real Estate [Abstract]  
Schedule of investments in real estate related to its Golf business
The following table summarizes Newcastle’s investments in real estate related to its Golf business:
 
 
September 30, 2015
 
December 31, 2014
 
Gross Carrying Amount
 
Accumulated Depreciation
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Depreciation
 
Net Carrying Value
 
 
 
 
 
 
 
 
 
 
 
 
Land
$
90,324

 
$
—

 
$
90,324

 
$
90,324

 
$
—

 
$
90,324

Buildings and improvements
141,429

 
(25,391
)
 
116,038

 
139,949

 
(17,729
)
 
122,220

Furniture, fixtures and equipment
25,087

 
(14,612
)
 
10,475

 
23,621

 
(5,544
)
 
18,077

Capital leases - equipment
13,011

 
(1,393
)
 
11,618

 
6,528

 
(547
)
 
5,981

Construction in progress
2,280

 
—

 
2,280

 
2,681

 
—

 
2,681

Investments in Other Real Estate
$
272,131

 
$
(41,396
)
 
$
230,735

 
$
263,103

 
$
(23,820
)
 
$
239,283