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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
REVENUES:        
Real estate $ 9,716 $ 6,258 $ 18,382 $ 13,132
Financial fund management 6,304 7,612 12,883 15,942
Commercial finance (1,240) 6,477 2,179 7,953
Revenues 14,780 20,347 33,444 37,027
COSTS AND EXPENSES:        
Real estate 7,407 6,088 14,599 11,549
Financial fund management 4,379 5,960 10,183 12,680
Commercial finance 230 3,693 2,193 7,966
Restructuring expenses 365 0 365 0
General and administrative 2,467 2,897 5,363 6,013
Gain on sale of leases and loans 0 (252) (37) (263)
Provision for credit losses 2,962 2,719 5,212 4,325
Depreciation and amortization 535 2,921 2,596 4,046
Costs and Expenses 18,345 24,026 40,474 46,316
OPERATING LOSS (3,565) (3,679) (7,030) (9,289)
OTHER INCOME (EXPENSE):        
Gain on deconsolidation of LEAF 0 0 8,749 0
Loss on extinguishment of debt 0 0 (2,190) 0
Gain on sale of management contract 0 0 0 6,520
Gain on extinguishment of servicing and repurchase liabilities 0 4,426 0 4,426
Gain (loss) on sale of investment securities, net 5 97 63 (1,364)
Impairment loss recognized in earnings (74) 0 (74) 0
Interest expense (645) (4,167) (3,619) (6,536)
Other income, net 625 203 1,184 1,289
Other income (expense) (89) 559 4,113 4,335
Loss from continuing operations before taxes (3,654) (3,120) (2,917) (4,954)
Income tax benefit (1,323) (1,290) (1,169) (1,932)
Loss from continuing operations (2,331) (1,830) (1,748) (3,022)
Loss from discontinued operations, net of tax (16) (2,153) (36) (2,153)
Net loss (2,347) (3,983) (1,784) (5,175)
Add: net loss (income) attributable to noncontrolling interests 39 (283) (339) 342
Net loss attributable to common shareholders (2,308) (4,266) (2,123) (4,833)
Amounts attributable to common shareholders:        
Loss from continuing operations (2,292) (2,113) (2,087) (2,680)
Discontinued operations (16) (2,153) (36) (2,153)
Net loss attributable to common shareholders $ (2,308) $ (4,266) $ (2,123) $ (4,833)
Basic and diluted loss per share:        
Continuing operations (in dollars per share) $ (0.12) $ (0.11) $ (0.11) $ (0.14)
Discontinued operations (in dollars per share) $ 0 $ (0.11) $ 0 $ (0.11)
Net loss (in dollars per share) $ (0.12) $ (0.22) $ (0.11) $ (0.25)
Weighted average shares outstanding (in shares) 19,437 19,355 19,575 19,213
Dividends declared per common share (in dollars per share) $ 0.03 $ 0.03 $ 0.06 $ 0.06