Quarterly report pursuant to Section 13 or 15(d)

SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

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SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs
 9 Months Ended
Sep. 30, 2011
Notes to Financial Statements  
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

11. SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

Newcastle considers all activity in its CDOs’ restricted cash accounts to be non-cash activity for purposes of its consolidated statement of cash flows since transactions conducted with restricted cash have no effect on its cash and cash equivalents. Supplemental non-cash investing and financing activities relating to CDOs are disclosed below:

 

                 
     Nine Months Ended September 30,  
     2011      2010  
Restricted cash generated from sale of securities    $ 320,017       $ 98,907   
Restricted cash generated from sale of real estate related loans    $ 125,141       $ 53,020   
Restricted cash generated from paydowns on securities and loans    $ 452,693       $ 371,265   
Restricted cash used for purchases of real estate securities    $ 297,054       $ 283,244   
Restricted cash used for purchases of real estate related loans    $ 339,850       $ 104,117   
Restricted cash used for repayments of CDO bonds payable    $ 94,210       $ 134,286   
Restricted cash used for repurchases of CDO bonds payable and other bonds payable    $ 3,213       $ 14,183   
Restricted cash used for repurchases of derivative instruments    $ —         $ 5,187   
CDO V deconsolidation:                  
Real estate securities    $ 262,617       $ —     
Restricted cash    $ 37,988       $ —     
Derivative liabilities    $ 20,257       $ —     
CDO bonds payable    $ 336,046       $ —