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VARIABLE INTEREST ENTITIES RSO Summarized Cash Flow (Details) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 12,767,000 $ 11,609,000
Other-than-temporary impairment on investments 214,000 74,000
Equity in losses (earnings) of unconsolidated subsidiaries (1,261,000) 329,000
Non-cash incentive compensation to RAI 293,000 319,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Subtotal - purchase of loans and investment securities by consolidated VIE - RSO (1,526,000) (136,000)
Principal payments and proceeds from sales received by consolidated VIE - RSO 275,663,000  
Decrease in restricted cash 95,000 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Distributions paid on common stock (589,000) (566,000)
Subtotal - Other consolidated VIE - RSO financing activity   (44,000)
Increase (decrease) in cash 3,473,000 (2,885,000)
Cash, beginning of year 11,899,000 12,803,000
Cash, end of period 15,372,000 9,918,000
Interest expense paid in cash 441,000 585,000
Resource Capital Corp [Member]
   
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income 12,628,000 14,481,000
Provision for loan losses 1,042,000 2,178,000
Depreciation of investments in real estate and other 666,000 380,000
Amortization of intangible assets 532,000 982,000
Amortization of term facilities 221,000 140,000
Accretion of net discounts on loans held for investment (4,079,000) (5,519,000)
Accretion of net discounts on securities available-for-sale (731,000) (861,000)
Amortization of discount on notes of CDOs 876,000 308,000
Amortization of debt issuance costs on notes of CDOs 1,176,000 927,000
Amortization of stock-based compensation 3,591,000 868,000
Amortization of terminated derivative instruments 55,000 56,000
Distribution to subordinated debt holder 670,000 1,584,000
Accretion of interest-only available-for-sales securities (247,000) 0
Deferred income tax benefit (115,000) 0
Purchase of securities, trading (10,044,000) (8,348,000)
Principal payments on securities, trading 21,000 833,000
Proceeds from sales of securities, trading 3,089,000 5,025,000
Net realized and unrealized gains on investment securities, trading (1,116,000) (2,144,000)
Net realized gain on sales of investment securities available-for-sale and loans (391,000) (380,000)
Other-than-temporary impairment on investments 12,000 139,000
Linked transactions fair value adjustments 592,000 0
Equity in losses (earnings) of unconsolidated subsidiaries 425,000 (1,071,000)
Changes in operating assets and liabilities 14,426,000 (14,761,000)
Subtotal - net cash provided by operating activities (1) 10,671,000 (19,664,000)
Change in consolidated VIE - RSO cash for the period 17,617,000 5,554,000
Changes in cash attributable to operations of consolidated VIE- RSO 27,634,000 (14,109,000)
Non-cash incentive compensation to RAI 0 0
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of loans (146,699,000) (150,845,000)
Purchase of securities available-for-sale (63,292,000) (16,660,000)
Subtotal - purchase of loans and investment securities by consolidated VIE - RSO (209,991,000) (167,505,000)
Proceeds from sale of loans 58,148,000 40,120,000
Principal payments received on loans 209,107,000 116,848,000
Principal payments on securities available-for-sale 7,944,000 5,595,000
Principal payments received on loans – related parties 464,000 69,000
Principal payments and proceeds from sales received by consolidated VIE - RSO 275,663,000 162,632,000
Decrease in restricted cash (19,241,000) 9,196,000
Investment in unconsolidated entity (4,431,000) 934,000
Improvements in real estate held-for-sale 0 (138,000)
Proceeds from sale of real estate held-for-sale 0 907,000
Distributions from investments in real estate 253,000 448,000
Improvements in investments in real estate (321,000) (348,000)
Purchase of furniture and fixtures 0 (722,000)
Subtotal - other investing activities of consolidated VIE - RSO, before eliminations (4,499,000) 1,101,000
Net cash provided by investing activities (excluding eliminations) 41,932,000 5,404,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase agreements 37,145,000 8,948,000
Collateralized debt obligations (141,341,000) (18,485,000)
Net borrowings (repayments) of debt by consolidated VIE - RSO (104,196,000) (9,537,000)
Distributions paid on common stock (20,422,000) (19,474,000)
Net proceeds from dividend reinvestment and stock purchase plan (net of offering costs of $0 and $19) 17,995,000 24,158,000
Net proceeds from issuance of common stock by consolidated VIE - RSO 44,862,000 24,158,000
Payment of debt issuance costs (140,000) (582,000)
Payment of equity to third party sub-note holders (1,461,000) 0
Distributions paid on preferred stock (934,000) 0
Subtotal - Other consolidated VIE - RSO financing activity (2,535,000) (582,000)
Net cash used in financing activities (excluding eliminations) (82,847,000) (5,940,000)
Increase (decrease) in cash (17,617,000) (5,554,000)
Cash, beginning of year 85,278,000 43,116,000
Cash, end of period 67,661,000 37,562,000
Interest expense paid in cash 10,188,000 8,401,000
Redeemable Preferred Stock Series B [Member] | Resource Capital Corp [Member]
   
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of preferred shares 26,867,000 0
Consolidation, Eliminations [Member]
   
CASH FLOWS FROM OPERATING ACTIVITIES:    
Other-than-temporary impairment on investments 0 0
Equity in losses (earnings) of unconsolidated subsidiaries 0 0
Consolidation, Eliminations [Member] | Resource Capital Corp [Member]
   
CASH FLOWS FROM OPERATING ACTIVITIES:    
Changes in cash attributable to operations of consolidated VIE- RSO (654,000) 1,000
Non-cash incentive compensation to RAI 1,000 (165,000)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Subtotal - other investing activities of consolidated VIE - RSO, before eliminations 0 20,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Distributions paid on common stock 556,000 505,000
Reportable Legal Entities [Member] | Resource Capital Corp [Member]
   
CASH FLOWS FROM OPERATING ACTIVITIES:    
Subtotal - net cash provided by operating activities (1) 23,298,000 (5,018,000)
Changes in cash attributable to operations of consolidated VIE- RSO 28,288,000 (14,110,000)
Non-cash incentive compensation to RAI (1,000) 165,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Subtotal - other investing activities of consolidated VIE - RSO, before eliminations (4,499,000) 1,081,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Distributions paid on common stock $ (20,978,000) $ (19,979,000)