I have the book Aquarium Corals by Erick H. Borneman and in it found a picture similar to yours and this is what it says:
Genus Clavularia de Blainville, 1830
Common Species: C.hamra, C. inflata, C. viridis, and perhaps 40 others.
Common Names: clove or glove polyps, palm tree polyps, fern polyps.
Identification: Clavularia are encrusting soft corals that form mats and clumps connected by stolons:rootlike growths that adhere to the substrate.
Let me know if I was a bit close or way off on this one.
Fabian
No, it is not new Babe, I\'ve had it for a while!