Quarterly report pursuant to Section 13 or 15(d)

Aging Schedule of Past Due Residential Loans HFI (Details)

v2.4.0.6
Aging Schedule of Past Due Residential Loans HFI (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Securitized Manufacturing Housing Loan Portfolio I
  
30-59 Days Past Due $ 570
60-89 Days Past Due 217
Over 90 Days Past Due 344
Repossessed 494
Total Past Due 1,625
Total Current Due 112,730
Total Outstanding Face Amount 114,355 [1],[2]
Securitized Manufacturing Housing Loan Portfolio II
  
30-59 Days Past Due 1,070
60-89 Days Past Due 467
Over 90 Days Past Due 1,544
Repossessed 478
Total Past Due 3,559
Total Current Due 143,306
Total Outstanding Face Amount 146,865 [1],[2]
Residential Loans
  
30-59 Days Past Due 990
60-89 Days Past Due 1,335
Over 90 Days Past Due 5,420
Repossessed 233
Total Past Due 7,978
Total Current Due 46,480
Total Outstanding Face Amount $ 54,458 [1],[2]
[1] (D) Loans acquired at a discount for credit quality.
[2] (E) The following is an aging analysis of past due residential loans held-for-investment as of March 31, 2013 (See Table Aging Schedule of Past Due Residential Loans Held For Investment). Newcastle's management monitors the credit quality of the Manufactured Housing Loan Portfolios I and II primarily by using the aging analysis, current trends in delinquencies and the actual loss incurrence rate.