REAL ESTATE SECURITIES - Geographic Distribution of Collateral Securing Newcastle's CMBS and ABS (Details 4) (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2015
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CMBS [Member] | |
Principal balance |
$ 209,371us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
Percentage of principal balance |
100.00%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
CMBS [Member] | Western US [Member] | |
Principal balance |
28,315us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_WesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
Percentage of principal balance |
13.50%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_WesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
CMBS [Member] | Northeastern US [Member] | |
Principal balance |
58,336us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_NortheasternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
Percentage of principal balance |
27.80%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_NortheasternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
CMBS [Member] | Southeastern US [Member] | |
Principal balance |
44,957us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_SoutheasternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
Percentage of principal balance |
21.50%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_SoutheasternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
CMBS [Member] | Midwestern US [Member] | |
Principal balance |
35,954us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_MidwesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
Percentage of principal balance |
17.20%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_MidwesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
CMBS [Member] | Southwestern US [Member] | |
Principal balance |
27,605us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_SouthwesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
Percentage of principal balance |
13.20%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_SouthwesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
CMBS [Member] | Other Locations [Member] | |
Principal balance |
10,825us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_OtherLocationsMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
Percentage of principal balance |
5.20%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_OtherLocationsMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
CMBS [Member] | Foreign [Member] | |
Principal balance |
3,379us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_ForeignMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
Percentage of principal balance |
1.60%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_ForeignMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommercialMortgageBackedSecuritiesMember |
ABS [Member] | |
Principal balance |
73,184us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
Percentage of principal balance |
100.00%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
ABS [Member] | Western US [Member] | |
Principal balance |
20,229us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_WesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
Percentage of principal balance |
27.60%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_WesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
ABS [Member] | Northeastern US [Member] | |
Principal balance |
18,903us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_NortheasternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
Percentage of principal balance |
25.80%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_NortheasternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
ABS [Member] | Southeastern US [Member] | |
Principal balance |
16,215us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_SoutheasternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
Percentage of principal balance |
22.20%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_SoutheasternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
ABS [Member] | Midwestern US [Member] | |
Principal balance |
9,743us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_MidwesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
Percentage of principal balance |
13.30%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_MidwesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
ABS [Member] | Southwestern US [Member] | |
Principal balance |
$ 8,094us-gaap_InvestmentOwnedBalancePrincipalAmount / us-gaap_ConcentrationRiskByTypeAxis = nct_SouthwesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
Percentage of principal balance |
11.10%us-gaap_InvestmentOwnedPercentOfNetAssets / us-gaap_ConcentrationRiskByTypeAxis = nct_SouthwesternUSMember / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_AssetBackedSecuritiesMember |
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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
Percent of net assets at close of period. For schedules of investments that are categorized, each category has a percent of net assets for the aggregated value of the Investments in the category. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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