Quarterly report pursuant to Section 13 or 15(d)

EQUITY AND EARNINGS PER SHARE - Outstanding Options Summary (Details 2)

v2.4.0.8
EQUITY AND EARNINGS PER SHARE - Outstanding Options Summary (Details 2) (USD $)
Sep. 30, 2014
Aug. 31, 2014
Stock Options outstanding 5,541,877  
Weighted average strike price $ 20.83 [1]  
Issued Prior to 2011 [Member]
    
Stock Options outstanding 227,073  
Weighted average strike price $ 71.84  
Issued in 2011 and Thereafter [Member]
    
Stock Options outstanding 5,314,804  
Weighted average strike price $ 18.65  
Manager [Member]
    
Stock Options outstanding 5,013,147  
Weighted average strike price   $ 26.34 [2]
Manager [Member] | Issued Prior to 2011 [Member]
    
Stock Options outstanding 179,186  
Manager [Member] | Issued in 2011 and Thereafter [Member]
    
Stock Options outstanding 4,833,961  
Manager's Employees [Member]
    
Stock Options outstanding 528,397  
Manager's Employees [Member] | Issued Prior to 2011 [Member]
    
Stock Options outstanding 47,554  
Manager's Employees [Member] | Issued in 2011 and Thereafter [Member]
    
Stock Options outstanding 480,843  
Directors [Member]
    
Stock Options outstanding 333  
Directors [Member] | Issued Prior to 2011 [Member]
    
Stock Options outstanding 333  
[1] The strike prices are subject to adjustment in connection with return of capital dividends. In the first quarter of 2014 strike prices were adjusted by $1.92 (adjusted to reflect the reverse stock splits) reflecting the portion of Newcastle's 2013 dividends which was deemed return of capital.
[2] In connection with these offerings, Newcastle granted options to the Manager for the purpose of compensating the Manager for its successful efforts in raising capital for Newcastle.