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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES:        
Revenues $ 33,485 $ 35,811 $ 76,812 $ 75,807
COSTS AND EXPENSES:        
Restructuring expenses       365
General and administrative 2,149 2,567 4,302 5,034
Provision for credit losses 1,647 5,698 1,985 8,660
Depreciation and amortization 489 528 905 1,063
Costs and expenses 23,361 30,001 51,815 56,519
OPERATING INCOME 10,124 5,810 24,997 19,288
OTHER INCOME (EXPENSE):        
Gain on deconsolidation and sale of subsidiaries   54,682   54,682
Other-than-temporary impairment on investments     (214) (74)
Interest expense (501) (578) (995) (1,223)
Other income (expense), net 114 5,350 334 5,508
Other income (expense), net (387) 59,454 (875) 58,893
Income from continuing operations before taxes 9,737 65,264 24,122 78,181
Income tax (benefit) provision 226 18,665 1,842 20,341
Income from continuing operations 9,511 46,215 22,280 57,840
Loss from discontinued operations, net of tax 0 (14) (2) (30)
Net income 9,511 46,201 22,278 57,810
Net income attributable to common shareholders 1,113 30,211 1,609 27,829
Amounts attributable to common shareholders:        
Income from continuing operations 1,113 30,225 1,611 27,859
Discontinued operations 0 (14) (2) (30)
Net income attributable to common shareholders 1,113 30,211 1,609 27,829
Basic earnings per share:        
Continuing operations (in dollars per share) $ 0.05 $ 1.53 $ 0.08 $ 1.42
Discontinued operations (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00
Net income (loss) (in dollars per share) $ 0.05 $ 1.53 $ 0.08 $ 1.42
Weighted average shares outstanding 20,297 19,815 20,219 19,626
Diluted earnings per share:        
Continuing operations (in dollars per share) $ 0.05 $ 1.44 $ 0.07 $ 1.35
Discontinued operations (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00
Net income (loss) (in dollars per share) $ 0.05 $ 1.44 $ 0.07 $ 1.35
Weighted average shares outstanding 22,106 21,036 21,969 20,696
Intersegment Eliminations [Member]
       
REVENUES:        
Revenues (2,725) (4,235) (5,425) (7,745)
COSTS AND EXPENSES:        
Costs and expenses (2,663) (4,182) (5,317) (7,639)
OTHER INCOME (EXPENSE):        
Other income (expense), net 31 34 62 67
Consolidated Entity Excluding RSO [Member]
       
REVENUES:        
Real estate (includes revenues of $2,805, $3,423, $5,093 and $6,723 related to RSO) 12,153 10,921 23,493 20,637
Financial fund management (includes revenues of $(111), $817, $270 and $2,394 related to RSO) 2,445 2,991 6,732 9,295
Commercial finance (35) (128) (213) (1,368)
Revenues 14,563 13,784 30,012 28,564
COSTS AND EXPENSES:        
Real estate 8,896 7,386 18,336 14,793
Financial fund management 1,694 2,994 4,222 7,373
Commercial finance (219) 118 (174) 348
Restructuring expenses 0 0 0 365
General and administrative 2,149 2,567 4,302 5,034
Provision for credit losses 1,647 5,698 1,985 8,660
Depreciation and amortization 489 528 905 1,063
Costs and expenses 14,656 19,291 29,576 37,636
OTHER INCOME (EXPENSE):        
Gain on deconsolidation and sale of subsidiaries 0 54,682 0 54,682
Other-than-temporary impairment on investments 0 0 (214) (74)
Interest expense (501) (578) (995) (1,223)
Other income (expense), net 83 (148) 272 (23)
Other income (expense), net (418) 53,956 (937) 53,362
Income tax (benefit) provision (1,511) 18,665 (1,657) 17,342
Loss from discontinued operations, net of tax     (2) (30)
Net income       57,810
Net income attributable to noncontrolling interests (26) (45) 17 (6)
VIE - RSO [Member]
       
REVENUES:        
Real estate (includes revenues of $2,805, $3,423, $5,093 and $6,723 related to RSO) 2,805 3,423 5,093 6,723
Financial fund management (includes revenues of $(111), $817, $270 and $2,394 related to RSO) (111) 817 270 2,394
Revenues 21,647 26,262 52,225 54,988
COSTS AND EXPENSES:        
Expenses from consolidated VIE - RSO (see Note 18) 11,368 14,892 27,556 26,522
OTHER INCOME (EXPENSE):        
Other income (expense), net 0 5,464 0 5,464
Income tax (benefit) provision 1,737 384 3,499 2,999
Net income attributable to noncontrolling interests $ (8,372) $ (15,945) $ (20,686) $ (29,975)