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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Income from loans and other investments:        
Interest and related income $ 6,944 $ 25,642 $ 28,423 $ 95,187
Less: Interest and related expenses 5,147 21,838 33,902 80,381
Income from loans and other investments, net 1,797 3,804 (5,479) 14,806
Other revenues:        
Management fees from affiliates 1,546 1,753 4,741 4,927
Servicing fees 2,206 1,460 5,591 2,208
Total other revenues 3,752 3,213 10,332 7,135
Other expenses:        
General and administrative 7,141 4,941 16,193 19,868
Total other expenses 7,141 4,941 16,193 19,868
Total other-than-temporary impairments of securities    (30,687)    (35,620)
Portion of other-than-temporary impairments of securities recognized in other comprehensive income    173 (160) (3,098)
Impairment of real estate held-for-sale    (1,055)    (1,055)
Net impairments recognized in earnings    (31,569) (160) (39,773)
Recovery of provision for loan losses 2,811 17,152 2,819 34,401
Valuation allowance on loans held-for-sale          (224)
Gain on extinguishment of debt    20,054    271,031
Fair value adjustment on investment in CT Legacy Asset 11,987    19,645   
Gain on deconsolidation of subsidiary       146,380   
Income from equity investments in unconsolidated subsidiaries 411 307 1,312 2,105
Income before income taxes 13,617 8,020 158,656 269,613
Income tax provision (benefit) 717 (236) 1,783 1,214
Net income 12,900 8,256 156,873 268,399
Net (income) loss attributable to noncontrolling interests (5,901) 5,466 (81,038) (1,935)
Net income attributable to Capital Trust, Inc. $ 6,999 $ 13,722 $ 75,835 $ 266,464
Net income per share of common stock:        
Basic $ 0.30 $ 0.60 $ 3.30 $ 11.77
Diluted $ 0.28 $ 0.57 $ 3.10 $ 11.08
Weighted average shares of common stock outstanding:        
Basic 23,173,426 22,730,080 22,969,103 22,630,672
Diluted 24,616,026 24,121,973 24,442,061 24,057,374