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VARIABLE INTEREST ENTITIES RSO Income Statement (Details) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES:    
Interest expense $ 494,000 $ 645,000
Equity in losses of unconsolidated subsidiaries 1,261,000 (329,000)
Revenues 43,327,000 39,996,000
COSTS AND EXPENSES:    
General and administrative 2,153,000 2,467,000
Depreciation and amortization 416,000 535,000
Income tax provision - RAI 1,616,000 1,292,000
Expenses from consolidated VIE -RSO 28,454,000 26,518,000
OPERATING INCOME 14,873,000 13,478,000
Net income (loss) attributable to common shareholders 496,000 (2,382,000)
Resource Capital Corp [Member]
   
REVENUES:    
Loans 27,812,000 23,615,000
Securities 3,642,000 3,405,000
Interest income − other 1,866,000 2,829,000
Total interest income 33,320,000 29,849,000
Interest expense 11,165,000 8,383,000
Net interest income 22,155,000 21,466,000
Rental income 6,174,000 1,919,000
Dividend income 16,000 17,000
Equity in losses of unconsolidated subsidiaries (425,000) 1,071,000
Fee income 1,410,000 1,610,000
Net realized and unrealized gain on sales of investment securities available-for-sale and loans 391,000 380,000
Net realized and unrealized (loss) gain on investment securities, trading 1,116,000 2,144,000
Unrealized gain (loss) and net interest income on linked transactions, net (259,000) 119,000
Revenues 30,578,000 28,726,000
COSTS AND EXPENSES:    
Management fees − related party 2,978,000 3,443,000
Equity compensation − related party 3,591,000 868,000
Professional services 1,446,000 1,100,000
Insurance 162,000 158,000
Rental operating expense 3,937,000 1,320,000
General and administrative 1,873,000 1,063,000
Depreciation and amortization 1,138,000 1,361,000
Income tax provision - RAI 1,762,000 2,615,000
Net impairment losses recognized in earnings 21,000 139,000
Provision for loan losses 1,042,000 2,178,000
Expenses from consolidated VIE -RSO 16,188,000 11,630,000
OPERATING INCOME 14,390,000 17,096,000
Total operating expenses 17,950,000 14,245,000
Income from continuing operations 14,390,000 17,096,000
Net income (loss) attributable to common shareholders 12,628,000 14,481,000
Net income allocated to preferred shares (1,311,000) 0
Net income allocated to noncontrolling interests 209,000 0
NET INCOME ALLOCABLE TO RSO COMMON SHARES $ 11,526,000 $ 14,481,000