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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES:    
Revenues $ 43,327 $ 39,996
COSTS AND EXPENSES:    
Restructuring expenses   365
General and administrative 2,153 2,467
Provision for credit losses 338 2,962
Depreciation and amortization 416 535
Costs and expenses 28,454 26,518
OPERATING INCOME 14,873 13,478
OTHER INCOME (EXPENSE):    
Other-than-temporary impairment on investments (214) (74)
Interest expense (494) (645)
Other income, net 220 158
Other income (expense), net (488) (561)
Income from continuing operations before taxes 14,385 12,917
Income tax provision - RAI 1,616 1,292
Income from continuing operations 12,769 11,625
Loss from discontinued operations, net of tax (2) (16)
Net income 12,767 11,609
Net income (loss) attributable to common shareholders 496 (2,382)
Amounts attributable to common shareholders:    
Income (loss) from continuing operations 498 (2,366)
Discontinued operations (2) (16)
Net income (loss) attributable to common shareholders 496 (2,382)
Basic earnings (loss) per share:    
Continuing operations (in dollars per share) $ 0.02 $ (0.12)
Discontinued operations (in dollars per share) $ 0.00 $ 0.00
Net income (loss) (in dollars per share) $ 0.02 $ (0.12)
Weighted average shares outstanding 20,124 19,437
Diluted earnings (loss) per share:    
Continuing operations (in dollars per share) $ 0.02 $ (0.12)
Discontinued operations (in dollars per share) $ 0.00 $ 0.00
Net income (loss) (in dollars per share) $ 0.02 $ (0.12)
Weighted average shares outstanding 21,815 19,437
Consolidated Entity Excluding RSO [Member]
   
REVENUES:    
Real estate (includes revenues of $2,288 and $3,300 related to RSO) 11,340 9,716
Financial fund management (includes revenues of $381 and $1,577 related to RSO) 4,287 6,304
Commercial finance (178) (1,240)
Revenues 15,449 14,780
COSTS AND EXPENSES:    
Real estate 9,440 7,407
Financial fund management 2,528 4,379
Commercial finance 45 230
Restructuring expenses 0 365
General and administrative 2,153 2,467
Provision for credit losses 338 2,962
Depreciation and amortization 416 535
Costs and expenses 14,920 18,345
OTHER INCOME (EXPENSE):    
Other-than-temporary impairment on investments (214) (74)
Interest expense (494) (645)
Other income, net 189 125
Other income (expense), net (519) (594)
Income tax provision - RAI (146) (1,323)
Loss from discontinued operations, net of tax (2) (16)
Net income allocated to noncontrolling interests 43 39
VIE - RSO [Member]
   
REVENUES:    
Real estate (includes revenues of $2,288 and $3,300 related to RSO) 2,288 3,300
Financial fund management (includes revenues of $381 and $1,577 related to RSO) 381 1,577
Revenues 30,578 28,726
COSTS AND EXPENSES:    
Expense from consolidated VIE 16,188 11,630
OTHER INCOME (EXPENSE):    
Income tax provision - RAI 1,762 2,615
Net income allocated to noncontrolling interests (12,314) (14,030)
Intersegment Eliminations [Member]
   
REVENUES:    
Revenues (2,700) (3,510)
COSTS AND EXPENSES:    
Costs and expenses (2,654) (3,457)
OTHER INCOME (EXPENSE):    
Other income (expense), net $ 31 $ 33