Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables)

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INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables)
 9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
The following table summarizes Newcastle’s intangible assets related to its Golf business:
 
September 30, 2015
 
December 31, 2014
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
   Trade name
$
700

 
$
(41
)
 
$
659

 
$
700

 
$
(23
)
 
$
677

   Leasehold intangibles (1)
49,962

 
(8,590
)
 
41,372

 
50,275

 
(5,206
)
 
45,069

   Management contracts
36,993

 
(7,138
)
 
29,855

 
37,650

 
(4,666
)
 
32,984

   Internally-developed software
800

 
(280
)
 
520

 
800

 
(160
)
 
640

   Membership base
5,236

 
(1,309
)
 
3,927

 
5,214

 
(748
)
 
4,466

   Nonamortizable liquor license
865

 
—

 
865

 
850

 
—

 
850

Total Intangibles
$
94,556

 
$
(17,358
)
 
$
77,198

 
$
95,489

 
$
(10,803
)
 
$
84,686

(1) The amortization expense for leasehold intangibles is reported in operating expense - golf in the consolidated statements of operations.