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DEBT OBLIGATIONS (Details Narrative) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Mar. 31, 2013
|
Mar. 31, 2012
|
Mar. 31, 2013
Bank of America
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Mar. 31, 2013
Barclays
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Mar. 31, 2013
Citi
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Mar. 31, 2013
Goldman Sachs
|
Mar. 31, 2013
Morgan Stanley
|
Mar. 31, 2013
Nomura
|
Mar. 31, 2013
Repurchase Agreements
|
Mar. 31, 2013
Interest rate caps, not designated as hedges
|
Dec. 31, 2012
Interest rate caps, not designated as hedges
|
Mar. 31, 2013
Interest rate swaps, designated as hedges
|
Dec. 31, 2012
Interest rate swaps, designated as hedges
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Mar. 31, 2013
Interest rate swaps, designated as hedges
CDO IV Bonds Payable
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Mar. 31, 2013
Interest rate swaps, designated as hedges
CDO VI Bonds Payable
|
|
| Notional Amount of Derivatives | $ 23,400 | $ 23,400 | $ 154,100 | $ 154,450 | $ 60,800 | $ 88,600 | |||||||||
| Eliminated in consolidation amount of notes payable relating to MH Loan Portfolio I sold to certain Newcastle CDOs | 20,500 | ||||||||||||||
| Interest Payable | 100 | ||||||||||||||
| Face amount of repurchase agreements renewed subsequent to balance sheet date | 1,500,000 | ||||||||||||||
| Repurchase agreements | 291,400 | 267,200 | 118,800 | 343,800 | 56,200 | 238,200 | |||||||||
| CDO Bonds Payable | |||||||||||||||
| Repurchase of CDO Bonds Payable - Face | 10,900 | ||||||||||||||
| Repurchase of CDO Bonds Payable - Pay Amount | 9,700 | ||||||||||||||
| Gain on extinguishment of debt | $ 1,206 | $ 20,743 | |||||||||||||
| X | ||||||||||
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- Definition
Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Face amount of bonds payable relating to MH Loans Portfolio I that were eliminated during consolidation in the presentation of debt obligations. No definition available.
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| X | ||||||||||
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- Definition
The aggregate face amount of repurchase agreements renewed subsequent to the balance sheet date. No definition available.
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| X | ||||||||||
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- Definition
Fair value amount of debt instrument that was repurchased. No definition available.
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| X | ||||||||||
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- Definition
Face (par) amount of the original debt instrument that was repurchased. No definition available.
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| X | ||||||||||
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying value, as of the balance sheet date, of securities sold under agreements to repurchase where the transferor maintains effective control over the assets, accounting for them as secured debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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