Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING AND VARIABLE INTEREST ENTITIES - Holdings in Variable Interest Entities (Details 3)

v2.4.1.9
SEGMENT REPORTING AND VARIABLE INTEREST ENTITIES - Holdings in Variable Interest Entities (Details 3) (Non Recourse VIE Financing Structures [Member], CDO V [Member], USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Non Recourse VIE Financing Structures [Member] | CDO V [Member]
  
Gross Assets $ 115,835us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_DebtInstrumentAxis
= nct_CDOVMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember 		[1]
Debt 143,480us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_DebtInstrumentAxis
= nct_CDOVMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember 		[1],[2]
Carrying Value of Newcastle's Investment $ 8,538us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet
/ us-gaap_DebtInstrumentAxis
= nct_CDOVMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember 		[3]
[1] Face amount.
[2] Newcastle CDO V includes $42.4 million face amount of debt owned by Newcastle with a carrying value of $8.5 million at March 31, 2015.
[3] This amount represents Newcastle's maximum exposure to loss from this entity.