XML 41 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Assets  
Cash and cash equivalents$ 28,219$ 24,449
Securities held-to-maturity 3,455
Loans receivable, net24,945606,318
Loans held-for-sale, net 5,750
Equity investments in unconsolidated subsidiaries10,6118,932
Accrued interest receivable 2,392
Deferred income taxes1,750658
Prepaid expenses and other assets2,1099,952
Subtotal, assets67,634661,906
Total assets1,539,8894,120,690
Liabilities:  
Accounts payable and accrued expenses7,7176,726
Repurchase obligations 372,582
Senior credit facility 98,124
Junior subordinated notes 132,190
Secured notes7,686 
Participations sold24,945259,304
Interest rate hedge liabilities 8,451
Subtotal, liabilities40,348877,377
Total liabilities1,650,7424,531,877
Commitments and contingencies  
Equity:  
Additional paid-in capital596,899559,411
Accumulated other comprehensive loss(38,497)(50,462)
Accumulated deficit(658,789)(920,355)
Total Capital Trust, Inc. shareholders' deficit(100,165)(411,187)
Noncontrolling interests(10,688) 
Total Equity(110,853)(411,187)
Total liabilities and shareholders' deficit1,539,8894,120,690
CT Legacy REIT, Excluding Securitization Vehicles
  
Assets  
Restricted cash13,715 
Securities held-to-maturity2,591 
Loans receivable, net207,028 
Loans held-for-sale, net32,107 
Accrued interest receivable and other assets4,638 
Subtotal, assets260,079 
Liabilities:  
Accounts payable and accrued expenses683 
Repurchase obligations66,637 
Mezzanine loan, net of unamortized discount53,367 
Participations sold97,465 
Interest rate hedge liabilities9,326 
Subtotal, liabilities227,478 
Securitization Vehicles
  
Assets  
Securities held-to-maturity397,001504,323
Loans receivable, net783,6622,891,379
Real estate held-for-sale10,3428,055
Accrued interest receivable and other assets21,17155,027
Subtotal, assets1,212,1763,458,784
Liabilities:  
Accounts payable and accrued expenses2,9883,809
Securitized debt obligations1,352,4463,621,229
Interest rate hedge liabilities27,48229,462
Subtotal, liabilities1,382,9163,654,500
Class A Common Stock
  
Equity:  
Class A common stock: $0.01 par value, 100,000 shares authorized, 21,967 and 21,917 shares issued and outstanding, respectively ("class A common stock"); restricted class A common stock: $0.01 par value, 244 and 33 shares issued and outstanding, respectively ("restricted class A common stock" and together with class A common stock, "common stock")220219
Restricted Class A Common Stock
  
Equity:  
Class A common stock: $0.01 par value, 100,000 shares authorized, 21,967 and 21,917 shares issued and outstanding, respectively ("class A common stock"); restricted class A common stock: $0.01 par value, 244 and 33 shares issued and outstanding, respectively ("restricted class A common stock" and together with class A common stock, "common stock")$ 2