XML 122 R151.htm IDEA: XBRL DOCUMENT v2.4.0.8
UNAUDITED QUARTERLY FINANCIAL DATA (Consolidated Balance Sheets) (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
Sep. 30, 2012
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2009
Sep. 30, 2009
ASSETS                    
Cash $ 19,393 $ 24,455 $ 28,553 $ 16,495 $ 14,530 $ 11,243 $ 9,164 $ 7,324 $ 8,409 $ 26,197
Restricted cash   20,257                
Receivables from managed entities and related parties, net 34,418 52,117                
Investments in real estate, net 19,149 19,942                
Marketable Securities 7,030 2,732                
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances 12,993 12,710                
Total assets of consolidated VIE - RSO 727 944                
Property and equipment, net 2,732 6,998                
Total assets 2,644,263 2,636,985 2,499,477 2,289,368 2,143,064 234,253        
LIABILITIES AND EQUITY                    
Due to Related Parties 4,349 1,010                
Borrowings 21,343 214,054                
Total liabilities of consolidated VIE - RSO 189 300 1,962,603 1,751,483            
Total liabilities 1,907,007 2,108,287 1,962,603 1,751,483 1,603,461          
Commitments and contingencies                         
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding 0 0 0 0 0          
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively 294 281 281 281 274          
Additional paid-in capital 285,844 281,686 281,372 280,906 282,062          
Accumulated deficit (25,857) (49,054) (44,892) (43,805) (34,298)          
Treasury Stock, Value (102,457) (98,954) (98,874) (99,085) (99,245)          
Accumulated other comprehensive loss (2,226) (2,369) (1,709) (1,653) (1,773) (2,599)        
Stockholders' Equity Attributable to Parent 155,598 131,590 136,178 136,644 147,020          
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 737,256 528,698 536,874 537,885 539,603 461,193       140,141
Liabilities and Equity 2,644,263 2,636,985 2,499,477 2,289,368 2,143,064          
Investments in commercial finance, net   192,012     0          
Preferred stock, par value (in dollars per share) $ 1.00 $ 1.00 $ 1.00 $ 1.00 $ 1.00 $ 1.00        
Preferred stock, shares authorized (in shares) 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000        
Preferred stock, shares outstanding (in shares) 0 0 0 0 0 0        
Common stock, par value (in dollars per share) $ 0.01 $ 0.01 $ 0.01 $ 0.01 $ 0.01 $ 0.01        
Common stock, shares authorized (in shares) 49,000,000 49,000,000 49,000,000 49,000,000 49,000,000 49,000,000        
Common stock, shares issued (in shares) 29,866,664 28,779,998 28,760,970 28,740,931 28,171,720 28,167,909        
Common stock restricted shares (in shares) 403,195 649,007 641,496 645,708 732,308 741,086        
Treasury stock shares (in shares) 9,756,955 9,126,966 9,089,723 9,108,440 9,118,549 9,125,253        
As Previously Reported [Member]
                   
ASSETS                    
Cash 19,393 24,455 28,553 16,495 14,530 11,243        
Total assets 196,743 422,506 393,205 374,404 233,174 234,253 234,253      
LIABILITIES AND EQUITY                    
Total liabilities of consolidated VIE - RSO     229,993 215,760            
Total liabilities 50,442 264,778     102,664 105,169 105,169      
Commitments and contingencies                      
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding     0 0 0 0 0      
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively     281 281 274 274 274      
Additional paid-in capital     281,372 280,906 282,062 281,378 281,378      
Accumulated deficit     (44,477) (43,496) (38,676) (37,558) (37,558)      
Treasury Stock, Value     (98,874) (99,085) (99,245) (99,330) (99,330)      
Accumulated other comprehensive loss     (11,940) (11,504) (10,431) (12,807) (12,807)      
Stockholders' Equity Attributable to Parent     126,362 127,102 133,984 131,957 131,957      
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest     163,212 158,644 130,510 129,084 129,084      
Liabilities and Equity     393,205 374,404 233,174 234,253 234,253      
Restatement Adjustments - RSO [Member]
                   
ASSETS                    
Cash 0 0 0 0 0 0        
Total assets 2,478,251 2,284,724 2,170,242 1,972,634 1,937,635          
LIABILITIES AND EQUITY                    
Total liabilities of consolidated VIE - RSO     1,736,978 1,539,254            
Total liabilities 1,864,906 1,855,034     1,510,432          
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding     0 0 0          
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively     0 0 0          
Additional paid-in capital     0 0 0          
Accumulated deficit     0 0 0          
Treasury Stock, Value     0 0 0          
Accumulated other comprehensive loss     0 0 0          
Stockholders' Equity Attributable to Parent     0 0 0          
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest     433,264 433,380 427,203          
Liabilities and Equity     2,170,242 1,972,634 1,937,635          
Restatement Adjustment - Elimination [Member]
                   
ASSETS                    
Cash 0 0 0 0 0 0        
Total assets (30,731) (70,245) (63,970) (57,670) (27,745)          
LIABILITIES AND EQUITY                    
Total liabilities of consolidated VIE - RSO     (4,368) (3,531)            
Total liabilities (8,341) (11,525)     (9,635)          
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding     0 0 0          
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively     0 0 0          
Additional paid-in capital     0 0 0          
Accumulated deficit     (415) (309) 4,378          
Treasury Stock, Value     0 0 0          
Accumulated other comprehensive loss     10,231 9,851 8,658          
Stockholders' Equity Attributable to Parent     9,816 9,542 13,036          
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest     (59,602) (54,139) (18,110)          
Liabilities and Equity     (63,970) (57,670) (27,745)          
RAI [Member]
                   
ASSETS                    
Cash 19,393 24,455 28,553 16,495 14,530          
Restricted cash 642 20,257 17,767 21,446 5,401          
Receivables 3,554 1,981 1,115 1,138 622          
Receivables from managed entities and related parties, net 34,418 52,117 54,485 57,833 60,401          
Investments in real estate, net 19,149 19,942 18,307 28,555 28,502          
Marketable Securities 7,030 2,732 3,159 3,332 3,678          
Investments in unconsolidated loan manager (see Notes 1 and 9) 36,356 0 12,256 12,861            
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances 12,993 12,710 12,256 12,861 14,387          
Property and equipment, net 2,732 6,998 7,104 7,304 8,324          
Deferred tax assets, net 27,770 43,915 39,784 39,989 36,625          
Goodwill 0 7,969 7,969 7,969 7,969          
Other assets 3,776 14,662 13,386 7,594 5,411          
LIABILITIES AND EQUITY                    
Accrued expenses and other liabilities 23,042 40,887 39,545 34,409 30,348          
Due to Related Parties 4,349 1,010 0 136 184          
Borrowings 21,343 214,054 188,128 178,938 63,701          
Deferred Tax Liabilities, Net, Noncurrent     411 411 411          
Commitments and contingencies                         
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding 0 0                
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively 294 281                
Additional paid-in capital 285,844 281,686                
Accumulated deficit (25,857) (49,054)                
Treasury Stock, Value (102,457) (98,954)                
Accumulated other comprehensive loss (2,226) (2,369)                
Stockholders' Equity Attributable to Parent 155,598 131,590                
Noncontrolling interests 208 (1,269) (870) (335) (3,474)          
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 737,256 528,698                
Liabilities and Equity 2,644,263 2,636,985                
Investments in commercial finance, net 0 192,012 164,977 145,961 22,286          
RAI [Member] | As Previously Reported [Member]
                   
ASSETS                    
Cash 19,393 24,455 28,553 16,495 14,530 11,243 11,243      
Restricted cash 642 20,257 17,767 21,446 5,401 12,018 12,018      
Receivables 3,554 1,981 1,115 1,138 622 1,671 1,671      
Receivables from managed entities and related parties, net 41,051 54,815 56,946 59,498 62,016 66,416 66,416      
Investments in real estate, net 19,149 19,942 17,331 27,547 27,462 27,114 27,114      
Marketable Securities 22,532 15,124 18,635 19,469 21,716 22,358 22,358      
Investments in unconsolidated loan manager (see Notes 1 and 9) 36,356   12,256 12,861            
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances 12,993 12,710     14,387 13,825 13,825      
Property and equipment, net 2,732 6,998 8,080 8,312 9,364 9,984 9,984      
Deferred tax assets, net 34,565 51,581 46,190 46,114 42,010 43,703 43,703      
Goodwill   7,969 7,969 7,969 7,969 7,969 7,969      
Other assets 3,776 14,662 13,386 7,594 5,411 5,776 5,776      
LIABILITIES AND EQUITY                    
Accrued expenses and other liabilities 23,042 40,887 39,545 34,409 35,661 38,492 38,492      
Due to Related Parties 4,380 1,232 204 297 952 156 156      
Borrowings 23,020 222,659 189,833 180,643 65,640 66,110 66,110      
Deferred Tax Liabilities, Net, Noncurrent     411 411 411 411 411      
Commitments and contingencies                         
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding 0 0                
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively 294 281                
Additional paid-in capital 285,844 281,686                
Accumulated deficit (24,508) (48,032)                
Treasury Stock, Value (102,457) (98,954)                
Accumulated other comprehensive loss (13,080) (14,613)                
Stockholders' Equity Attributable to Parent 146,093 120,368                
Noncontrolling interests 208 37,360 36,850 31,542 (3,474) (2,873) (2,873)      
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 146,301 157,728                
Liabilities and Equity 196,743 422,506                
Investments in commercial finance, net   192,012 164,977 145,961   12,176 12,176      
RAI [Member] | Restatement Adjustments - RSO [Member]
                   
ASSETS                    
Cash 0 0 0 0 0          
Restricted cash 0 0 0 0 0          
Receivables 0 0 0 0 0          
Receivables from managed entities and related parties, net 0 0 0 0 0          
Investments in real estate, net 0 0 0 0 0          
Marketable Securities 0 0 0 0 0          
Investments in unconsolidated loan manager (see Notes 1 and 9) 0   0 0            
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances 0 0     0          
Property and equipment, net 0 0 0 0 0          
Deferred tax assets, net 0 0 0 0 0          
Goodwill   0 0 0 0          
Other assets 0 0 0 0 0          
LIABILITIES AND EQUITY                    
Accrued expenses and other liabilities 0 0 0 0 0          
Due to Related Parties 0 0 0 0 0          
Borrowings 0 0 0 0 0          
Deferred Tax Liabilities, Net, Noncurrent     0 0 0          
Commitments and contingencies                         
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding 0 0                
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively 0 0                
Additional paid-in capital 0 0                
Accumulated deficit 0 0                
Treasury Stock, Value 0 0                
Accumulated other comprehensive loss 0 0                
Stockholders' Equity Attributable to Parent 0 0                
Noncontrolling interests 0 0 0 0 0          
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 613,345 429,690                
Liabilities and Equity 2,478,251 2,284,724                
Investments in commercial finance, net   0 0 0            
RAI [Member] | Restatement Adjustment - Elimination [Member]
                   
ASSETS                    
Cash 0 0 0 0 0          
Restricted cash 0 0 0 0 0          
Receivables 0 0 0 0 0          
Receivables from managed entities and related parties, net (6,633) (2,698) (2,461) (1,665) (1,615)          
Investments in real estate, net   0 976 1,008 1,040          
Marketable Securities (15,502) (12,392) (15,476) (16,137) (18,038)          
Investments in unconsolidated loan manager (see Notes 1 and 9)     0 0            
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances   0     0          
Property and equipment, net 0 0 (976) (1,008) (1,040)          
Deferred tax assets, net (6,795) (7,666) (6,406) (6,125) (5,385)          
Goodwill   0 0 0 0          
Other assets   0 0 0 0          
LIABILITIES AND EQUITY                    
Accrued expenses and other liabilities 0 0 0 0 (5,313)          
Due to Related Parties (31) (222) (204) (161) (768)          
Borrowings (1,677) (8,605) (1,705) (1,705) (1,939)          
Deferred Tax Liabilities, Net, Noncurrent     0 0 0          
Commitments and contingencies                         
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding 0 0                
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively 0 0                
Additional paid-in capital 0 0                
Accumulated deficit (1,349) (1,022)                
Treasury Stock, Value 0 0                
Accumulated other comprehensive loss 10,854 12,244                
Stockholders' Equity Attributable to Parent 9,505 11,222                
Noncontrolling interests 0 (38,629) (37,720) (31,877) 0          
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (22,390) (58,720)                
Liabilities and Equity (30,731) (70,245)                
Investments in commercial finance, net   0 0 0            
RSO [Member]
                   
ASSETS                    
Marketable Securities 256,433 179,539 175,375 158,927 182,778          
Cash, Cash Equivalents, and Short-term Investments 179,390 185,922 177,412 235,795 221,138          
Loans Receivable, Net 1,849,321 1,776,109 1,682,252 1,465,053 1,486,549          
Real Estate Investments, Net 120,706 60,056 59,295 42,480 11,233          
Other Assets 70,600 35,609 36,281 36,636 33,230          
Total assets of consolidated VIE - RSO 2,476,450 2,237,235 2,130,615 1,938,891 1,934,928          
LIABILITIES AND EQUITY                    
Borrowings 1,785,600 1,794,083 1,549,674 1,473,202 1,463,701          
Other liabilities 72,673 58,253 184,845 64,387 45,116          
Total liabilities of consolidated VIE - RSO 1,858,273 1,852,336                
Total liabilities     1,734,519 1,537,589 1,508,817          
Noncontrolling interests 581,450 398,377 401,566 401,576 396,057          
RSO [Member] | As Previously Reported [Member]
                   
ASSETS                    
Marketable Securities 0 0 0 0 0 0 0      
Cash, Cash Equivalents, and Short-term Investments 0 0 0 0 0 0 0      
Loans Receivable, Net 0 0 0 0 0 0 0      
Real Estate Investments, Net 0 0 0 0 0 0 0      
Other Assets 0 0 0 0 0 0 0      
Total assets of consolidated VIE - RSO 0 0 0 0 0 0 0      
LIABILITIES AND EQUITY                    
Borrowings 0 0 0 0 0 0 0      
Other liabilities 0 0 0 0 0 0 0      
Total liabilities         0 0 0      
Noncontrolling interests 0 0 0 0 0 0 0      
RSO [Member] | Restatement Adjustments - RSO [Member]
                   
ASSETS                    
Marketable Securities 256,433 179,539 211,649 190,069 182,778          
Cash, Cash Equivalents, and Short-term Investments 179,390 185,922 177,412 235,795 221,138          
Loans Receivable, Net 1,850,998 1,784,714 1,683,957 1,466,758 1,488,488          
Real Estate Investments, Net 120,799 98,906 59,295 42,480 11,233          
Other Assets 70,631 35,643 37,929 37,532 33,998          
Total assets of consolidated VIE - RSO 2,478,251 2,284,724 2,170,242 1,972,634 1,937,635          
LIABILITIES AND EQUITY                    
Borrowings 1,785,600 1,794,083 1,549,674 1,473,202 1,463,701          
Other liabilities 79,306 60,951 187,304 66,052 46,731          
Total liabilities         1,510,432          
Noncontrolling interests 613,345 429,690 433,264 433,380 427,203          
RSO [Member] | Restatement Adjustment - Elimination [Member]
                   
ASSETS                    
Marketable Securities 0 0 (36,274) (31,142) 0          
Cash, Cash Equivalents, and Short-term Investments 0 0 0 0 0          
Loans Receivable, Net (1,677) (8,605) (1,705) (1,705) (1,939)          
Real Estate Investments, Net (93) (38,850) 0 0 0          
Other Assets (31) (34) (1,648) (896) (768)          
Total assets of consolidated VIE - RSO (1,801) (47,489) (39,627) (33,743) (2,707)          
LIABILITIES AND EQUITY                    
Borrowings 0 0 0 0 0          
Other liabilities (6,633) (2,698) (2,459) (1,665) (1,615)          
Total liabilities         (1,615)          
Noncontrolling interests $ (31,895) $ (31,313) $ (31,698) $ (31,804) $ (31,146)