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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Income from loans and other investments:      
Interest and related income $ 117,162 $ 158,794 $ 121,971
Less: Interest and related expenses 96,974 123,963 79,794
Income from loans and other investments, net 20,188 34,831 42,177
Other revenues:      
Management fees from affiliates 6,618 7,808 11,743
Incentive management fees from affiliates    733   
Servicing fees 8,497 6,404 1,679
Total other revenues 15,115 14,945 13,422
Other expenses:      
General and administrative 23,867 18,799 22,173
Total other expenses 23,867 18,799 22,173
Total other-than-temporary impairments of securities (49,309) (77,960) (123,894)
Portion of other-than-temporary impairments of securities recognized in other comprehensive income 1,243 9,594 14,256
Impairment of goodwill       (2,235)
Impairment of real estate held-for-sale (1,055) (4,000) (2,233)
Net impairments recognized in earnings (49,121) (72,366) (114,106)
Recovery of (provision for) loan losses 19,326 (146,478) (482,352)
Valuation allowance on loans held-for-sale (1,456) (2,119)   
Gain on extinguishment of debt 271,031 3,134   
Loss on sale of investments       (10,363)
Income (loss) from equity investments 3,649 3,608 (3,736)
Income (loss) before income taxes 254,865 (183,244) (577,131)
Income tax provision (benefit) 2,546 2,100 (694)
Net income (loss) 252,319 (185,344) (576,437)
Add: Net loss attributable to noncontrolling interests 5,823    
Net income (loss) attributable to Capital Trust, Inc. $ 258,142 $ (185,344) $ (576,437)
Net income (loss) per share of common stock:      
Basic $ 11.39 $ (8.28) $ (25.76)
Diluted $ 10.78 $ (8.28) $ (25.76)
Weighted average shares of common stock outstanding:      
Basic 22,660,429 22,371,264 22,378,868
Diluted 23,950,425 22,371,264 22,378,868