Quarterly report pursuant to Section 13 or 15(d)

GENERAL (Details Narrative)

v2.4.0.8
GENERAL (Details Narrative) (USD $)
In Thousands, except Share data, unless otherwise specified
9 Months Ended 1 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2013
Upper Range [Member]
Sep. 30, 2014
Golf Investments [Member]
Upper Range [Member]
Sep. 30, 2014
Golf Investments [Member]
Lower Range [Member]
Sep. 30, 2014
Manager [Member]
Feb. 13, 2014
New Media Spin-Off [Member]
Dec. 31, 2013
New Media Spin-Off [Member]
Sep. 30, 2014
National Golf [Member]
Courses
States
Sep. 30, 2014
American Golf [Member]
Courses
Aug. 31, 2014
Underwriter [Member]
Nov. 06, 2014
Subsequent To Balance Sheet Date [Member]
New Senior Spin-Off [Member]
Sep. 30, 2014
Reverse Stock Split 1 [Member]
Sep. 30, 2014
Reverse Stock Split 2 [Member]
Subsequent To Balance Sheet Date [Member]
REIT distribution threshold for nontaxation 90.00%                          
Reverse stock-split ratio 0.167                       0.33 0.50
Stock split effective date                         August 18, 2014 close of trading October 22, 2014 close of trading
Spin-off distribution ratio             0.0722         1.00    
Number of golf courses owned and operated                 27 52        
Number of states entity operates in                 8          
Number of golf courses managed for third parties                   11        
Net Assets             $ 391,347 $ 395,479       $ 243,000    
Date of issuance                     2014-08      
Number of shares issued                     7,654,166      
Share price                     $ 25.92      
Proceeds from issuance of common stock 198,671 962,827                 197,900      
Shares held by Fortress and affiliates in Newcastle 1,100,000                          
Stock Options outstanding 5,541,877         5,013,147                
Fees paid indirectly to principal of manager for aircraft charter $ 200   $ 100                      
Refundable term for initiation fees 30 years                          
Lease term       20 years 10 years