Annual report pursuant to Section 13 and 15(d)

ORGANIZATION (Tables)

v3.3.1.900
ORGANIZATION (Tables)
12 Months Ended
Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of common stock issued
The following table presents information on shares of Newcastle’s common stock issued subsequent to its formation:
Year
 
Shares Issued
 
Range of Issue
Prices (A)(B)
 
Net Proceeds
(millions)
Formation - 2012
 
28,754,274

 
 
 
 
2013
 
29,821,308

 
$29.82 - $62.88
 
$
1,262.6

2014
 
7,848,926

 
$25.92
 
$
197.9

2015 (C)
 
230,090

 
N/A
 
N/A

December 31, 2015
 
66,654,598

 
 
 
 

(A)
Excludes prices of shares issued (i) pursuant to the exercise of options and (ii) as compensation to Newcastle’s independent directors.
(B)
On May 15, 2013, Newcastle completed the spin-off of New Residential Investment Corp ("New Residential"). The May 15, 2013 closing price of Newcastle’s common stock on the NYSE was $73.98, and the opening price of Newcastle’s common stock on May 16, 2013 was $34.74. On February 13, 2014, Newcastle completed the spin-off of New Media Investment Group Inc. ("New Media"). The February 13, 2014 closing price of Newcastle's common stock was $34.50, and the opening price of Newcastle's common stock on February 14, 2014 was $29.88. On November 6, 2014, Newcastle completed the spin-off of New Senior Investment Group Inc. ("New Senior"). The November 6, 2014 closing price of Newcastle's common stock on the NYSE was $23.53, and the opening price of Newcastle's common stock on November 7, 2014 was $4.00.
(C)
All 2015 shares were issued (i) pursuant to the exercise of options and (ii) as compensation to Newcastle's independent directors.