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CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Sep. 30, 2012
Related Party Transactions [Abstract]  
Details of Receivable and Payables and Fees, Dividends and Reimbursed Expenses
The following table details these receivables and payables (in thousands):
 
September 30,
 
2012
 
2011
Receivables from managed entities and related parties, net:
 
 
 
Commercial finance investment entities (1) 
$
13,904

 
$
29,725

Real estate investment entities (2)
18,247

 
19,796

Financial fund management investment entities
2,193

 
2,652

RSO
6,555

 
2,539

Other
152

 
103

Receivables from managed entities and related parties
$
41,051

 
$
54,815

 
 
 
 
Payables due to managed entities and related parties, net:
 

 
 

Real estate investment entities (3) 
$
3,900

 
$
1,010

Other
480

 
222

Payables to managed entities and related parties
$
4,380

 
$
1,232

 
(1)
Reflects $25.1 million of reserves for credit losses related to management fees owed from three commercial finance investment entities that, based on a change in estimated cash distributions, are not expected to be collectible.
(2)
Reflects $2.5 million of reserves for credit losses related to management fees owed from two real estate investment entities that, based on projected cash flows, are not expected to be collectible.
(3)
Reflects $2.9 million in funds provided by the real estate investment entities, which are held by the Company to self insure the properties held by those entities.
Schedule of Fees, Dividends and Reimbursed Expenses from Several Related/Managed Entities
The following table details those activities (in thousands):
 
Years Ended September 30,
 
2012
 
2011
 
2010
Fees from unconsolidated investment entities:
 
 
 
 
 
Real estate (1) 
$
17,301

 
$
12,847

 
$
11,638

Financial fund management (2) 
3,183

 
4,391

 
3,445

Commercial finance (3) 
—

 
—

 
10,637

RSO:
 

 
 

 
 

Management, incentive and servicing fees
16,460

 
12,270

 
10,938

Dividends paid
2,174

 
2,455

 
2,278

Reimbursement of costs and expenses
3,597

 
2,688

 
1,794

CVC Credit Partners – reimbursement of net costs and expenses
1,866

 
—

 
—

RRE Opportunity REIT:
 
 
 
 
 
Reimbursement of costs and expenses
874

 
1,843

 
1,824

Dividends paid
14

 
—

 
—

LEAF:
 
 
 
 
 
Payment for sub-servicing the commercial finance investment
    partnerships
(2,172
)
 
—

 
—

Payment for rent and related expenses
(686
)
 
—

 
—

Reimbursement of net costs and expenses
288

 
—

 
—

1845 Walnut Associates Ltd. – payment of rent and operating expenses
(637
)
 
(706
)
 
(567
)
Brandywine Construction & Management, Inc. – payment for property management of hotel property
(216
)
 
(203
)
 
(197
)
Atlas Energy, L.P. – reimbursement of net costs and expenses
634

 
1,070

 
871

Ledgewood P.C. – payment for legal services 
(564
)
 
(555
)
 
(295
)
Graphic Images, LLC – payment for printing services
(216
)
 
(111
)
 
(94
)
The Bancorp, Inc. – reimbursement of net costs and expenses
135

 
34

 
—

9 Henmar LLC – payment of broker/consulting fees 
(46
)
 
(50
)
 
(55
)
 
 
(1)
Reflects discounts recorded by the Company of $216,000, $512,000 and $463,000 recorded in fiscal 2012, 2011 and 2010 in connection with management fees from its real estate investment entities that it expects to receive in future periods.
(2)
For fiscal 2010, excludes a $2.3 million gain on the repurchase of limited partner interests in two of the Trapeza partnerships.  
(3)
During fiscal 2012, 2011 and 2010, the Company waived $4.7 million, $8.1 million and $3.8 million, respectively, of its fund management fees from its commercial finance investment entities.