TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES - Affiliate Transactions (Details) (USD $)
In Thousands, unless otherwise specified
 12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Manager
Dec. 31, 2012
Manager
Management fees payable     $ 39 $ 1,495 $ 3,392
Incentive compensation payable       16,847  
Expense reimbursements and other       827  
Due to Newcastle     119   1,744
Due to Affiliate, Total 19,169 [1] 5,136 158 19,169 5,136
Management fee to affiliate 11,209 [2]     15,343 3,353
Incentive compensation to affiliate 16,847 [2]     16,847  
Expense Reimbursements       500 [3]  
Total payments to affiliate       $ 32,690 $ 3,353
[1] Represents our historical consolidated balance sheet at December 31, 2013.
[2] Represents our historical consolidated statement of income for the year ended December 31, 2013.
[3] Included in General and Administrative Expenses in the Consolidated Statements of Income.