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Assets and Liabilities of Consolidated Variable Interest Entities (Detail) - USD ($)
Dec. 31, 2016
Oct. 05, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Investments in mortgages and loans, at amortized cost:          
Commercial mortgages, mezzanine loans, other loans and preferred equity interests $ 1,292,639,000   $ 1,623,583,000    
Allowance for loan losses (12,354,000)   (17,097,000) $ (9,218,000) $ (22,955,000)
Investments in real estate          
Investments in real estate 854,646,000   1,145,630,000 1,151,339,000  
Accumulated depreciation (138,214,000)   (158,688,000) (168,480,000)  
Total investments in real estate [1] 716,432,000   986,942,000    
Cash and cash equivalents 110,531,000   87,581,000 $ 106,963,000 $ 85,513,000
Restricted cash 190,179,000   207,599,000    
Accrued interest receivable 36,271,000   47,343,000    
Other assets 53,878,000   67,566,000    
Intangible assets          
Accumulated amortization (22,230,000)   (13,234,000)    
Total intangible assets 19,267,000   28,864,000    
Assets of discontinued operations     1,383,547,000    
Total assets 2,406,843,000   4,415,928,000    
Liabilities and Equity          
Accrued interest payable 8,347,000   8,595,000    
Accounts payable and accrued expenses 20,016,000   22,557,000    
Derivative liabilities     4,727,000    
Deferred taxes, borrowers’ escrows and other liabilities 168,047,000   197,908,000    
Liabilities of discontinued operations     952,530,000    
Total liabilities 1,947,492,000   3,585,792,000    
Shareholders’ equity:          
Accumulated other comprehensive income (loss)     (4,699,000)    
Retained earnings (deficit) (1,723,735,000)   (1,680,751,000)    
Total shareholders’ equity 372,384,000   404,528,000    
Noncontroling Interests 5,386,000   340,213,000    
Total liabilities and equity 2,406,843,000   4,415,928,000    
IRT          
Investments in real estate          
Accrued interest receivable 0        
Intangible assets          
Assets of discontinued operations   $ 54,195,000      
VIE          
Investments in mortgages and loans, at amortized cost:          
Commercial mortgages, mezzanine loans, other loans and preferred equity interests 1,734,467,000   2,242,416,000    
Total investments in mortgages and loans 1,734,467,000   2,242,416,000    
Investments in real estate          
Investments in real estate 223,722,000   278,774,000    
Accumulated depreciation (31,652,000)   (26,398,000)    
Total investments in real estate 192,070,000   252,376,000    
Cash and cash equivalents 2,146,000   1,589,000    
Restricted cash 8,876,000   17,803,000    
Accrued interest receivable 58,487,000   77,130,000    
Other assets 10,071,000   14,219,000    
Intangible assets          
Intangible assets 5,616,000   5,245,000    
Accumulated amortization (3,740,000)   (1,446,000)    
Total intangible assets 1,876,000   3,799,000    
Assets of discontinued operations     1,383,188,000    
Total assets 2,007,993,000   3,992,520,000    
Liabilities and Equity          
Indebtedness, net 1,798,502,000   2,332,505,000    
Accrued interest payable 17,063,000   16,204,000    
Accounts payable and accrued expenses 5,463,000   6,008,000    
Derivative liabilities     4,672,000    
Deferred taxes, borrowers’ escrows and other liabilities 2,971,000   4,018,000    
Liabilities of discontinued operations     952,406,000    
Total liabilities 1,823,999,000   3,315,813,000    
Shareholders’ equity:          
Accumulated other comprehensive income (loss)     (4,691,000)    
RAIT investment 85,637,000   208,355,000    
Retained earnings (deficit) 96,498,000   96,230,000    
Total shareholders’ equity 182,135,000   299,894,000    
Noncontroling Interests 1,859,000   376,813,000    
Total liabilities and equity 2,007,993,000   3,992,520,000    
VIE | RAIT Securitizations          
Investments in mortgages and loans, at amortized cost:          
Commercial mortgages, mezzanine loans, other loans and preferred equity interests 1,409,758,000   2,242,416,000    
Total investments in mortgages and loans 1,409,758,000   2,242,416,000    
Investments in real estate          
Restricted cash 6,986,000   14,944,000    
Accrued interest receivable 56,974,000   77,130,000    
Other assets 480,000   479,000    
Intangible assets          
Total assets 1,474,198,000   2,334,969,000    
Liabilities and Equity          
Indebtedness, net 1,244,507,000   2,058,739,000    
Accrued interest payable 1,903,000   2,207,000    
Accounts payable and accrued expenses 19,000   8,000    
Derivative liabilities     4,672,000    
Deferred taxes, borrowers’ escrows and other liabilities     176,000    
Total liabilities 1,246,429,000   2,065,802,000    
Shareholders’ equity:          
Accumulated other comprehensive income (loss)     (4,691,000)    
RAIT investment 41,790,000   118,174,000    
Retained earnings (deficit) 185,979,000   155,684,000    
Total shareholders’ equity 227,769,000   269,167,000    
Total liabilities and equity 1,474,198,000   2,334,969,000    
VIE | IRT          
Intangible assets          
Assets of discontinued operations     1,383,188,000    
Total assets     1,383,188,000    
Liabilities and Equity          
Liabilities of discontinued operations     952,406,000    
Total liabilities     952,406,000    
Shareholders’ equity:          
RAIT investment     54,389,000    
Total shareholders’ equity     54,389,000    
Noncontroling Interests     376,393,000    
Total liabilities and equity     1,383,188,000    
VIE | RAIT VIE Properties          
Investments in real estate          
Investments in real estate 223,722,000   278,774,000    
Accumulated depreciation (31,652,000)   (26,398,000)    
Total investments in real estate 192,070,000   252,376,000    
Cash and cash equivalents 2,145,000   1,589,000    
Restricted cash 1,167,000   2,859,000    
Other assets 9,591,000   13,740,000    
Intangible assets          
Intangible assets 5,616,000   5,245,000    
Accumulated amortization (3,740,000)   (1,446,000)    
Total intangible assets 1,876,000   3,799,000    
Total assets 206,849,000   274,363,000    
Liabilities and Equity          
Indebtedness, net 230,510,000   273,766,000    
Accrued interest payable 14,306,000   13,997,000    
Accounts payable and accrued expenses 5,443,000   6,000,000    
Deferred taxes, borrowers’ escrows and other liabilities 2,051,000   3,842,000    
Total liabilities 252,310,000   297,605,000    
Shareholders’ equity:          
RAIT investment 40,962,000   35,792,000    
Retained earnings (deficit) (88,282,000)   (59,454,000)    
Total shareholders’ equity (47,320,000)   (23,662,000)    
Noncontroling Interests 1,859,000   420,000    
Total liabilities and equity 206,849,000   $ 274,363,000    
VIE | RAIT Venture VIE          
Investments in mortgages and loans, at amortized cost:          
Commercial mortgages, mezzanine loans, other loans and preferred equity interests 324,709,000        
Total investments in mortgages and loans 324,709,000        
Investments in real estate          
Cash and cash equivalents 1,000        
Restricted cash 723,000        
Accrued interest receivable 1,513,000        
Intangible assets          
Total assets 326,946,000        
Liabilities and Equity          
Indebtedness, net 323,485,000        
Accrued interest payable 854,000        
Accounts payable and accrued expenses 1,000        
Deferred taxes, borrowers’ escrows and other liabilities 920,000        
Total liabilities 325,260,000        
Shareholders’ equity:          
RAIT investment 2,885,000        
Retained earnings (deficit) (1,199,000)        
Total shareholders’ equity 1,686,000        
Total liabilities and equity $ 326,946,000        
[1] As of December 31, 2016, three of our multifamily properties, with a carrying amount of $62,428, and two of our parcels of land, with a carrying amount of $14,233, were considered held-for-sale.