Quarterly report pursuant to Section 13 or 15(d)

EQUITY AND EARNINGS PER SHARE (Details Narrative)

v2.4.0.8
EQUITY AND EARNINGS PER SHARE (Details Narrative) (USD $)
0 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended 6 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended 0 Months Ended
Jun. 17, 2014
Mar. 19, 2014
Jan. 31, 2014
Dec. 17, 2013
Apr. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
May 06, 2013
Apr. 29, 2013
Apr. 30, 2014
Common Stock
Apr. 30, 2014
Executive Officer
Apr. 30, 2014
Executive Officer
Common Stock
Jun. 30, 2014
Manager
Jun. 30, 2013
Manager
Jun. 30, 2014
Manager
Jun. 30, 2013
Manager
May 15, 2013
Manager
Jun. 30, 2014
Independent Directors
Jun. 30, 2014
Independent Directors
Common Stock
May 07, 2014
FIG LLC
Apr. 30, 2014
FIG LLC
May 07, 2014
FIG LLC
Common Stock
Apr. 30, 2014
FIG LLC
Common Stock
Jul. 31, 2014
Subsequent Event
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                                                        
Common stock, shares authorized           2,000,000,000   2,000,000,000   2,000,000,000     2,000,000,000                              
Common stock, par value           $ 0.01   $ 0.01   $ 0.01     $ 0.01                              
Preferred stock, shares authorized                         100,000,000                              
Preferred stock, par value                         $ 0.01                              
Common stock, shares outstanding           282,213,133   253,197,974   282,213,133   253,025,645                                
Per share exchange ratio in spin-off                       $ 1                                
Issuance of common stock (in shares)                           27,750,000   1,000,000             50,159          
Share price (in dollars)                           $ 6.10                         $ 6.10  
Issuance of common stock         $ 163,800,000         $ 173,201,000 $ 0       $ 6,100,000                          
Options granted to Manager                                                 2,875,000      
Fair value of options granted to Manager                                                 1,400,000      
Risk-free interest rate                                                 2.87%      
Dividend yield                                                 12.584%      
Volatility                                                 25.66%      
Term                                                 10 years      
Option exercise (in shares)                                               215,000        
Exercise price of options exercised                                               $ 2.81        
Option exercise (in shares)                                                   215,000    
Dividend declared per share $ 0.175   $ 0.25 $ 0.175   $ 0.25     $ 0.07 $ 0.425 $ 0.07                                 $ 0.25
Dividends           $ 70,600,000 $ 44,300,000 $ 63,300,000   $ 114,865,000                                   $ 70,600,000
Quarterly dividend declared, prior to any special dividends   $ 0.175                                                    
Special cash dividend $ 0.075     $ 0.075                                                
Shares held by Fortress and affiliates in Newcastle           5,300,000       5,300,000                                    
Dilutive Common Stock Equivalents                                 6,405,348 3,633,843 6,457,136 1,826,960                
Stock Options outstanding           22,718,833       22,718,833             17,925,463   17,925,463   21,500,000.0 12,000