XML 49 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ (860) $ 563
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 550 3,087
Provision for credit losses 5,152 2,250
Unrealized gain on trading securities (164) 0
Equity in earnings of unconsolidated entities (1,201) (557)
Distributions from unconsolidated entities 1,011 1,163
Gain on sale of leases and loans 0 (37)
Gain on sale of investment securities, net (307) (58)
Gain on sale of assets (831) 0
Gain on sale and deconsolidation of subsidiaries 0 (8,749)
Loss on extinguishment of debt 0 2,190
Deferred income tax (benefit) provision (241) 154
Equity-based compensation issued 205 498
Equity-based compensation received (206) 0
Trading securities purchases and sales, net (1,828) 0
Loss from discontinued operations 6 20
Changes in operating assets and liabilities (4,666) (1,432)
Net cash used in operating activities (3,380) (908)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (80) (106)
Payments received on real estate loans and real estate 712 1,550
Investments in real estate and unconsolidated real estate entities (1,012) (127)
Purchase of commercial finance assets 0 (18,483)
Principal payments received on leases and loans 3 9,031
Cash divested on deconsolidation of LEAF 0 (2,284)
Purchase of investments (1,323) (600)
Proceeds from sale of loans and investments 0 207
Net cash used in investing activities (1,700) (10,812)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Increase in borrowings 0 128,845
Principal payments on borrowings (229) (123,823)
Dividends paid (593) (569)
Repurchase of common stock (1,078) (939)
Preferred stock dividends paid by LEAF to RSO 0 (188)
Decrease (increase) in restricted cash 3 (633)
Other (150) (2,250)
Net cash (used in) provided by financing activities (2,047) 443
CASH FLOWS FROM DISCONTINUED OPERATIONS:    
Operating activities (367) (375)
Net cash used in discontinued operations (367) (375)
Decrease in cash (7,494) (11,652)
Cash, beginning of year 19,393 24,455
Cash, end of period $ 11,899 $ 12,803