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 9 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 9 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended
Sep. 18, 2014
Jun. 17, 2014
Mar. 19, 2014
Jan. 31, 2014
Dec. 17, 2013
Apr. 30, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Aug. 25, 2014
May 06, 2013
Apr. 29, 2013
Apr. 30, 2014
Common Stock
Apr. 30, 2014
Executive Officer
Apr. 30, 2014
Executive Officer
Common Stock
Sep. 30, 2014
Manager
Sep. 30, 2013
Manager
Sep. 30, 2014
Manager
Sep. 30, 2013
Manager
May 15, 2013
Manager
Sep. 30, 2014
Independent Directors
Sep. 30, 2014
Independent Directors
Common Stock
May 07, 2014
FIG LLC
Aug. 31, 2014
FIG LLC
Apr. 30, 2014
FIG LLC
May 07, 2014
FIG LLC
Common Stock
Aug. 31, 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             141,382,603     126,598,987   141,382,603   141,400,000 126,512,823                                    
Per share exchange ratio in spin-off                             $ 1                                    
Issuance of common stock (in shares)                                 13,875,000   500,000             25,080              
Share price (in dollars)                                 $ 12.20                             $ 12.20  
Issuance of common stock           $ 163,800,000           $ 173,201,000 $ 0         $ 6,100,000                              
Options granted to Manager                                                         1,437,500        
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)                                                     107,500 498,500          
Exercise price of options exercised                                                     $ 5.61 $ 5.62          
Option exercise (in shares)                                                           107,500 276,037    
Common Stock, Shares, Outstanding, Prior to Stock Split                           282,800,000                                      
Dividend declared per share $ 0.35 $ 0.35   $ 0.50 $ 0.35   $ 0.35       $ 0.35 $ 1.20 $ 0.49                                       $ 0.50
Dividends             $ 49,500,000 $ 70,600,000 $ 44,300,000 $ 63,300,000   $ 164,349,000                                          
Quarterly dividend declared, prior to any special dividends     $ 0.35                                                            
Special cash dividend   $ 0.15     $ 0.15                                                        
Shares held by Fortress and affiliates in Newcastle             2,400,000         2,400,000                                          
Dilutive Common Stock Equivalents                                       2,955,021 3,408,249 3,158,619 1,754,208                    
Stock Options outstanding             10,860,907         10,860,907               8,970,161   8,970,161   10,700,000 5,000