XML 54 R108.htm IDEA: XBRL DOCUMENT v2.4.0.8
RSO LOANS HELD FOR INVESTMENT (Summary of Loans) (Details) (USD $)
Mar. 31, 2013
Dec. 31, 2012
Mar. 31, 2012
Dec. 31, 2011
Receivables with Imputed Interest [Line Items]        
Allowance for loan loss $ (32,960,000) $ (32,628,000) $ (15,572,000) $ (12,604,000)
Resource Capital Corp [Member]
       
Receivables with Imputed Interest [Line Items]        
Principal, Gross 1,766,499,000 1,887,825,000    
Unamortized (discount) premium, gross (22,833,000) (27,460,000)    
Gross carrying value of loans held for investment 1,743,666,000 1,860,365,000    
Allowance for loan loss (16,976,000) (17,691,000)   (27,518,000)
Unamortized (discount) premium, gross, allowance for loan loss 0 0    
Carrying value, allowance for loan loss (16,976,000) (17,691,000)    
Principal, Net 1,749,523,000 1,870,134,000    
Unamortized (discount) premium, net (22,833,000) (27,460,000)    
Net carrying value of loans held for investment 1,726,690,000 1,842,674,000    
Deferred amendment fees 375,000 450,000    
Loans held for sale, investment in debt and equity securities 18,200,000 14,900,000    
Number of loans held for sale   2    
Resource Capital Corp [Member] | Bank Loans [Member]
       
Receivables with Imputed Interest [Line Items]        
Principal, Gross 1,114,684,000 1,218,563,000    
Unamortized (discount) premium, gross (20,501,000) (25,249,000)    
Gross carrying value of loans held for investment 1,094,183,000 1,193,314,000    
Deferred upfront fee 310,000 334,000    
Loans held for sale, net 1,100,000,000 1,200,000,000    
Resource Capital Corp [Member] | Whole Loans [Member]
       
Receivables with Imputed Interest [Line Items]        
Loans held for sale, net   34,000,000    
Resource Capital Corp [Member] | Commercial Real Estate Loans [Member]
       
Receivables with Imputed Interest [Line Items]        
Principal, Gross 651,815,000 669,262,000    
Unamortized (discount) premium, gross (2,332,000) (2,211,000)    
Gross carrying value of loans held for investment 649,483,000 667,051,000    
Loan origination fees 2,000,000 1,900,000    
Extension and exit fees 194,000 214,000    
Resource Capital Corp [Member] | Commercial Real Estate Loans [Member] | Whole Loans [Member]
       
Receivables with Imputed Interest [Line Items]        
Principal, Gross 552,449,000 569,829,000    
Unamortized (discount) premium, gross (2,035,000) (1,891,000)    
Gross carrying value of loans held for investment 550,414,000 567,938,000    
Resource Capital Corp [Member] | Commercial Real Estate Loans [Member] | B Notes [Member]
       
Receivables with Imputed Interest [Line Items]        
Principal, Gross 16,399,000 16,441,000    
Unamortized (discount) premium, gross (106,000) (114,000)    
Gross carrying value of loans held for investment 16,293,000 16,327,000    
Resource Capital Corp [Member] | Commercial Real Estate Loans [Member] | Mezzanine Loans [Member]
       
Receivables with Imputed Interest [Line Items]        
Principal, Gross 82,967,000 82,992,000    
Unamortized (discount) premium, gross (191,000) (206,000)    
Gross carrying value of loans held for investment $ 82,776,000 $ 82,786,000