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, 2012
Supplemental Non-Cash Investing And Financing Activities Related To Cdos  
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,  
    2012     2011  
Restricted cash generated from sale of securities   $ 56,629     $ 320,017  
Restricted cash generated from sale of real estate related loans   $ —     $ 125,141  
Restricted cash generated from paydowns on securities and loans   $ 197,686     $ 452,693  
Restricted cash used for purchases of real estate securities   $ 143,184     $ 297,054  
Restricted cash used for purchases of real estate related loans   $ 91,481     $ 339,850  
Restricted cash used for repayments of CDO bonds payable   $ 102,988     $ 94,210  
Restricted cash used for purchases of derivative instruments   $ 408     $ —  
Restricted cash used to return margin collateral   $ 6,550     $ —  
Restricted cash used for repurchases of other bonds payable   $ —     $ 3,213  
                 
CDO Deconsolidation                
Real estate securities   $ 1,033,016     $ 262,617  
Restricted cash   $ 51,522     $ 37,988  
Derivative liabilities   $ 57,343     $ 20,257  
CDO bonds payable   $ 1,110,694     $ 336,046