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REAL ESTATE SECURITIES - Holdings in an Unrealized Loss Position (Details 1) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
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Mar. 31, 2015
Securities
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Dec. 31, 2014
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| Carrying Value | $ 231,727us-gaap_AvailableForSaleSecuritiesDebtSecurities | $ 231,754us-gaap_AvailableForSaleSecuritiesDebtSecurities |
| Securities in an Unrealized Loss Position Less than Twelve Months [Member] | ||
| Outstanding Face Amount |
3,823us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossLessThanTwelveMMember |
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| Before Impairment - Amortized Cost Basis |
3,818nct_AvailableForSaleAmortizedCostBasisBeforeImpairment / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossLessThanTwelveMMember |
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| Other Than Temporary Impairment - Amortized Cost Basis |
(48)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossLessThanTwelveMMember |
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| Amortized Cost Basis After Impairment |
3,770us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossLessThanTwelveMMember |
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| Gross unrealized losses - less than twelve months |
(293)us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossLessThanTwelveMMember |
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| Carrying value - less than twelve months |
3,477us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossLessThanTwelveMMember |
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| Number of securities, less than twelve months |
3us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossLessThanTwelveMMember |
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| Weighted Average Rating | CCC- | |
| Weighted Average Coupon |
6.49%nct_CouponWeightedAverage / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossLessThanTwelveMMember |
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| Weighted Average Yield |
7.05%nct_YieldWeightedAverage / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossLessThanTwelveMMember |
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| Weighted Average Maturity (Years) | 2 years | |
| Securities in an Unrealized Loss Position [Member] | ||
| Outstanding Face Amount |
3,823us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Before Impairment - Amortized Cost Basis |
3,818nct_AvailableForSaleAmortizedCostBasisBeforeImpairment / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Other Than Temporary Impairment - Amortized Cost Basis |
(48)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
(4,174)us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
| Amortized Cost Basis After Impairment |
3,770us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Gross unrealized losses - less than twelve months |
(293)us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Carrying value - less than twelve months |
$ 3,477us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Number of securities, less than twelve months |
3us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Weighted Average Rating | CCC- | |
| Weighted Average Coupon |
6.49%nct_CouponWeightedAverage / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Weighted Average Yield |
7.05%nct_YieldWeightedAverage / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = nct_SecuritiesUnrealizedLossMember |
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| Weighted Average Maturity (Years) | 2 years |
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- Definition
Amortized Cost basis of real estate securities before any impairment charges. No definition available.
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- Definition
Weighted average of all coupon rates for each asset type. No definition available.
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- Definition
Weighted average of the remaining years to maturity for each asset type. No definition available.
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- Definition
Weighted average of all yield rates for each asset type. No definition available.
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- Definition
This item represents the cost of debt securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of unrealized loss on investments in available-for-sale securities that have been in a loss position for less than twelve months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for less than twelve months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of debt securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of investment positions in available-for-sale investments in a continuous unrealized loss position for less than one year or normal operating cycle, if longer, for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement. No definition available.
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- Definition
Description of the credit rating indicative of likelihood of repayment of the debt instrument given by a credit rating agency (for example, Standard and Poor's, Moody's, Fitch). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For investments which are quantified by principal amount, the principle balance held at close of period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of credit losses recognized in earnings related to debt securities held for which a portion of an other than temporary impairment (OTTI) was recognized in other comprehensive income (a component of shareholders' equity). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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