SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Liabilities of VIE) (Details) - USD ($) $ in Thousands |
Jun. 30, 2016 |
Dec. 31, 2015 |
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| Liabilities of consolidated VIEs for which creditors or beneficial interest holders do not have recourse to the general credit of Newcastle | ||
| CDO bonds payable | $ 0 | $ 92,933 |
| Other bonds and notes payable | 0 | 16,162 |
| Financing of subprime mortgage loans subject to call option | 362,931 | 380,806 |
| Accounts payable, accrued expenses and other liabilities | 84,792 | 88,939 |
| Total Liabilities | 1,512,015 | 1,257,860 |
| Variable Interest Entity, Primary Beneficiary | ||
| Liabilities of consolidated VIEs for which creditors or beneficial interest holders do not have recourse to the general credit of Newcastle | ||
| CDO bonds payable | 0 | 92,933 |
| Other bonds and notes payable | 0 | 4,672 |
| Financing of subprime mortgage loans subject to call option | 362,931 | 380,806 |
| Accounts payable, accrued expenses and other liabilities | 0 | 29 |
| Total Liabilities | $ 362,931 | $ 478,440 |
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- Definition Reflects the aggregate carrying amount of financing of subprime mortgage loans subject to call option. No definition available.
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- References No definition available.
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- Definition Sum of the carrying values as of the balance sheet date of liabilities incurred and payable to vendors for goods and services received, and other costs not separately disclosed in the balance sheet that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. No definition available.
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- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Including both current and noncurrent portions, carrying amount as of the balance sheet date of other forms of debt not elsewhere specified in the taxonomy with initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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