Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2012

Segment Reporting

Schedule of summarized information by segment

	Three Months Ended
	September 30, 2012
	(Dollars in thousands)
	Portfolio Asset			Special
	Acquisition			Situations			Corporate
	and Resolution			Platform			and Other			Total
Revenues	$	14,193		$	4,503		$	118		$	18,814
Costs and expenses	(9,907		)	(4,538		)	(2,526		)	(16,971		)
Equity income from unconsolidated subsidiaries	2,767			1,482			—			4,249
Gain on sale of subsidiaries	746			—			—			746
Income tax (expense) benefit	281			(172		)	(50		)	59
Net income attributable to noncontrolling interests	(1,713		)	(417		)	—			(2,130		)
Net earnings (loss)	$	6,367		$	858		$	(2,458	)	$	4,767

	Three Months Ended
	September 30, 2011
	(Dollars in thousands)
	Portfolio Asset			Special
	Acquisition			Situations			Corporate
	and Resolution			Platform			and Other			Total
Revenues	$	17,287		$	2,905		$	60		$	20,252
Costs and expenses	(12,988		)	(2,432		)	(1,959		)	(17,379		)
Equity income from unconsolidated subsidiaries	1,401			1,376			—			2,777
Gain on business combinations	—			155			—			155
Income tax (expense) benefit	(405		)	(133		)	117			(421		)
Net income attributable to noncontrolling interests	(2,159		)	(495		)	—			(2,654		)
Net earnings (loss)	$	3,136		$	1,376		$	(1,782	)	$	2,730

	Nine Months Ended
	September 30, 2012
	(Dollars in thousands)
	Portfolio Asset			Special
	Acquisition			Situations			Corporate
	and Resolution			Platform			and Other			Total
Revenues	$	43,229		$	9,363		$	303		$	52,895
Costs and expenses	(28,499		)	(8,967		)	(7,706		)	(45,172		)
Equity income from unconsolidated subsidiaries	9,089			1,708			—			10,797
Gain on business combinations	—			935			—			935
Gain on sale of subsidiaries	746			—			—			746
Income tax expense	(427		)	(201		)	(151		)	(779		)
Net income attributable to noncontrolling interests	(3,850		)	(953		)	—			(4,803		)
Net earnings (loss)	$	20,288		$	1,885		$	(7,554	)	$	14,619

	Nine Months Ended
	September 30, 2011
	(Dollars in thousands)
	Portfolio Asset			Special
	Acquisition			Situations			Corporate
	and Resolution			Platform			and Other			Total
Revenues	$	50,383		$	7,424		$	140		$	57,947
Costs and expenses	(34,555		)	(6,063		)	(5,757		)	(46,375		)
Equity income from unconsolidated subsidiaries	4,781			3,150			—			7,931
Gain on business combinations	278			155			—			433
Gain on sale of subsidiaries	5			—			—			5
Income tax (expense) benefit	(2,187		)	(166		)	306			(2,047		)
Net income attributable to noncontrolling interests	(7,980		)	(1,031		)	—			(9,011		)
Net earnings (loss)	$	10,725		$	3,469		$	(5,311	)	$	8,883

Schedule of revenues, equity income (loss) of unconsolidated subsidiaries and other income from the portfolio asset acquisition and resolution segment

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2012		2011		2012		2011
	(Dollars in thousands)
Domestic	$	13,297	$	11,538	$	40,817	$	31,826
Latin America	2,608		2,820		6,363		8,535
Europe	1,055		4,330		5,138		14,803
Total	$	16,960	$	18,688	$	52,318	$	55,164

Schedule of total assets for each segment and a reconciliation to total assets

	September 30,		December 31,
	2012		2011
	(Dollars in thousands)
Cash and cash equivalents	$	41,656	$	34,802
Restricted cash	1,270		1,229
Portfolio acquisition and resolution assets:
Domestic	141,245		199,093
Latin America	8,698		17,048
Europe	32,390		41,447
Special situations platform assets	44,654		51,099
Other non-earning assets, net	12,556		11,628
Total assets	$	282,469	$	356,346