Drive Shack Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

3 Months Ended

Mar. 31, 2013

Supplemental Non-Cash Investing And Financing Activities Related To Cdos

SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES RELATED TO CDOs

14. 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:

	Three Months Ended March 31,
	2013		2012
Restricted cash generated from sale of securities	$	—	$	13,965
Restricted cash generated from paydowns on securities and loans	$	83,623	$	60,466
Restricted cash used for purchases of real estate securities	$	—	$	14,689
Restricted cash used for purchases of real estate related loans	$	—	$	45,481
Restricted cash used for repayments of CDO bonds payable	$	65,086	$	7,710
Restricted cash used for purchases of derivative instruments	$	—	$	168

- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

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