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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Income from loans and other investments:        
Interest and related income $ 32,554 $ 39,525 $ 69,545 $ 79,503
Less: Interest and related expenses 32,296 31,653 58,543 62,905
Income from loans and other investments, net 258 7,872 11,002 16,598
Other revenues:        
Management fees from affiliates 1,595 924 3,174 3,940
Servicing fees 438 1,226 748 2,737
Total other revenues 2,033 2,150 3,922 6,677
Other expenses:        
General and administrative 4,649 4,509 14,928 9,251
Total other expenses 4,649 4,509 14,928 9,251
Total other-than-temporary impairments of securities   (3,848) (4,933) (39,835)
Portion of other-than-temporary impairments of securities recognized in other comprehensive income   1,852 (3,271) 18,015
Net impairments recognized in earnings   (1,996) (8,204) (21,820)
Recovery of (provision for) loan losses 8,088 (2,010) 17,249 (54,227)
Valuation allowance on loans held-for-sale (224)   (224)  
Gain on extinguishment of debt 937 463 250,976 463
Income from equity investments 842 932 1,797 1,302
Income (loss) before income taxes 7,285 2,902 261,590 (60,258)
Income tax provision 1,061   1,450 293
Net income (loss) 6,224 2,902 260,140 (60,551)
Less: Net income attributable to noncontrolling interests (8,069)   (7,400)  
Net (loss) income attributable to Capital Trust, Inc. $ (1,845) $ 2,902 $ 252,740 $ (60,551)
Net (loss) income per share of common stock:        
Basic $ (0.08) $ 0.13 $ 11.19 $ (2.71)
Diluted $ (0.08) $ 0.13 $ 10.52 $ (2.71)
Weighted average shares of common stock outstanding:        
Basic 22,723,146 22,344,552 22,580,143 22,340,071
Diluted 22,723,146 22,667,326 24,024,222 22,340,071