Annual report pursuant to Section 13 and 15(d)

REAL ESTATE SECURITIES (Details Narrative)

v3.3.1.900
REAL ESTATE SECURITIES (Details Narrative) - USD ($)
1 Months Ended 12 Months Ended
Dec. 31, 2015
Oct. 31, 2015
Sep. 30, 2015
Jul. 31, 2015
May. 31, 2015
Mar. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Investment [Line Items]                  
Total outstanding face amount of fixed rate securities $ 168,500,000           $ 168,500,000 $ 600,900,000  
Total outstanding face amount of floating rate securities 41,400,000           41,400,000 94,200,000  
Face amount of securities sold         $ 3,900,000        
Average price percentage         24.11%        
Proceeds from sale of securities         $ 900,000   1,425,480,000 798,580,000 $ 46,536,000
Gain (loss) on sale of securities         800,000        
Principal repayments from investments             128,191,000 245,447,000 494,443,000
Other Than Temporary Impairment Charges in period             2,400,000 0 5,200,000
Reduction for securities transferred to New Residential                 3,800,000
OTTI charges for Newcastle owned securities at end of period             100,000 0 0
Payments to Acquire Available-for-sale Securities             1,409,693,000 404,638,000 $ 1,411,002,000
Non-consolidated CDO Securities                  
Investment [Line Items]                  
Outstanding Face Amount 0           0    
Agency RMBS (FNMA/FHLMC)                  
Investment [Line Items]                  
Outstanding Face Amount 102,660,000           102,660,000 390,771,000  
Face amount of securities sold           $ 380,400,000      
Average price percentage           104.72%      
Proceeds from sale of securities           $ 398,400,000      
Repayments of repurchase agreements           385,600,000      
Gain (loss) on sale of securities           5,900,000      
Face amount of securities purchased           389,100,000      
Proceeds from repurchase financing           $ 386,100,000      
Average price percentage - purchases           104.77%      
Payments to Acquire Available-for-sale Securities           $ 407,600,000      
CMBS                  
Investment [Line Items]                  
Outstanding Face Amount 67,669,000           67,669,000 214,026,000  
Face amount of securities sold         $ 98,600,000        
Average price percentage         104.03%        
Proceeds from sale of securities         $ 102,600,000        
Gain (loss) on sale of securities         14,000,000        
Principal repayments from investments         25,000,000        
Non-Agency RMBS                  
Investment [Line Items]                  
Outstanding Face Amount 16,477,000           16,477,000 $ 67,475,000  
Face amount of securities sold         $ 42,800,000        
Average price percentage         85.54%        
Proceeds from sale of securities         $ 36,700,000        
Gain (loss) on sale of securities         $ 14,100,000        
Agency RMBS                  
Investment [Line Items]                  
Face amount of securities sold       $ 380,400,000          
Average price percentage       103.13%          
Proceeds from sale of securities       $ 392,300,000          
Repayments of repurchase agreements       375,700,000          
Gain (loss) on sale of securities       (5,900,000)          
Agency RMBS 2                  
Investment [Line Items]                  
Proceeds from sale of securities     $ 260,000,000            
Repayments of repurchase agreements     250,100,000            
Gain (loss) on sale of securities     2,500,000            
Face amount of securities purchased     $ 250,400,000 201,900,000          
Proceeds from repurchase financing       $ 196,700,000          
Average price percentage - purchases     103.83% 102.87%          
Payments to Acquire Available-for-sale Securities       $ 207,700,000          
Agency RMBS 3                  
Investment [Line Items]                  
Repayments of repurchase agreements   $ 345,900,000              
Gain (loss) on sale of securities   5,100,000              
Face amount of securities purchased   $ 348,900,000   403,900,000          
Proceeds from repurchase financing       $ 393,800,000          
Average price percentage - purchases   104.32%   102.88%          
Payments to Acquire Available-for-sale Securities   $ 364,000,000   $ 415,600,000          
Agency RMBS 4                  
Investment [Line Items]                  
Proceeds from sale of securities   370,500,000              
Face amount of securities purchased   354,800,000              
Proceeds from repurchase financing   $ 352,600,000              
Average price percentage - purchases   104.42%              
Agency RMBS 5                  
Investment [Line Items]                  
Proceeds from sale of securities 361,300,000                
Repayments of repurchase agreements 348,600,000                
Gain (loss) on sale of securities (3,900,000)                
Face amount of securities purchased $ 350,300,000           350,300,000    
Average price percentage - purchases 103.20%                
Agency RMBS 6                  
Investment [Line Items]                  
Proceeds from sale of securities $ 105,900,000                
Face amount of securities purchased 102,700,000           $ 102,700,000    
Proceeds from repurchase financing $ 102,200,000                
Average price percentage - purchases 103.20%