Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS (Details Narrative)

v3.3.0.814
SUBSEQUENT EVENTS (Details Narrative) - USD ($)
$ in Thousands
 1 Months Ended 9 Months Ended
Oct. 31, 2015
Sep. 30, 2015
May. 31, 2015
Sep. 30, 2015
Sep. 30, 2014
Subsequent Event [Line Items]          
Payments to Acquire Available-for-sale Securities       $ 1,039,220 $ 0
Available-for-sale Securities, Gross Realized Gain (Loss)     $ 800    
Proceeds from sale of investments     $ 900 1,061,499 $ 798,122
Outstanding Face Amount   $ 972,197   972,197  
Carrying Value   971,319   971,319  
Subsequent Event [Member]          
Subsequent Event [Line Items]          
Outstanding Face Amount $ 19,400        
Carrying Value 11,700        
Agency RMBS 3 [Member]          
Subsequent Event [Line Items]          
Investment Owned, Face Amount   $ 348,900   348,900  
Average price percentage - purchases   104.32%      
Payments to Acquire Available-for-sale Securities   $ 364,000      
Available-for-sale Securities, Gross Realized Gain (Loss)   5,100      
Repayments of repurchase agreements   345,900      
Agency RMBS 3 [Member] | Subsequent Event [Member]          
Subsequent Event [Line Items]          
Investment Owned, Face Amount $ 348,900        
Average price percentage - purchases 104.32%        
Payments to Acquire Available-for-sale Securities $ 364,000        
Available-for-sale Securities, Gross Realized Gain (Loss) 5,100        
Repayments of repurchase agreements 345,900        
Agency RMBS 4 [Member]          
Subsequent Event [Line Items]          
Investment Owned, Face Amount   $ 354,800   354,800  
Average price percentage - purchases   104.42%      
Proceeds from sale of investments   $ 370,500      
Proceeds from Securities Purchased under Agreements to Resell   352,600      
Agency RMBS 4 [Member] | Subsequent Event [Member]          
Subsequent Event [Line Items]          
Investment Owned, Face Amount $ 354,800        
Average price percentage - purchases 104.42%        
Proceeds from sale of investments $ 370,500        
Proceeds from Securities Purchased under Agreements to Resell $ 352,600        
NCT 2013-VI IMM-1 [Member]          
Subsequent Event [Line Items]          
Outstanding Face Amount [1]   8,177   8,177  
Carrying Value [1]   $ 7,494   $ 7,494  
London Interbank Offered Rate (LIBOR) [Member] | Subsequent Event [Member]          
Subsequent Event [Line Items]          
Debt Instrument, Basis Spread on Variable Rate 3.00%        
London Interbank Offered Rate (LIBOR) [Member] | NCT 2013-VI IMM-1 [Member]          
Subsequent Event [Line Items]          
Debt Instrument, Basis Spread on Variable Rate       0.25%  
[1] Represents financings of previously repurchased Newcastle CDO bonds for which the collateral is eliminated in consolidation.