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OPERATING SEGMENTS (Summarized Operating Segment) (Details) (USD $)
1 Months Ended 3 Months Ended 12 Months Ended
Jan. 31, 2013
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Segment Reporting Information [Line Items]                        
Revenues from external customers                   $ 148,359,000 $ 163,548,000 $ 159,023,000
Equity in earnings (losses) of unconsolidated entities                   5,389,000 4,083,000 9,507,000
Segment operating expenses                   (100,210,000) (89,675,000) (97,198,000)
Restructuring expenses                 (365,000)   (365,000)  
General and administrative expenses                   (10,268,000) (9,792,000) (11,302,000)
Gain on sale of leases and loans                       685,000
Impairment loss recognized in earnings                     (2,280,000)  
Reversal of (provision for) credit losses                   (4,265,000) (20,148,000) (11,305,000)
Depreciation and amortization                   (1,936,000) (2,084,000) (11,675,000)
Gain on sale and deconsolidation of subsidiary                     54,542,000 8,749,000
Loss on extinguishment of debt                       (2,190,000)
Impairment of available for sale securities                   (214,000) (74,000)  
Interest expense                   (2,036,000) (2,289,000) (15,948,000)
Gain on sales of loans and investment securities, net 1,600,000                     321,000
Other income (expense), net                   17,826,000 19,442,000 3,407,000
Pretax income attributable to noncontrolling interests                   (45,601,000) (63,395,000) (37,431,000)
Income (loss) from continuing operations excluding noncontrolling interests before taxes                   7,044,000 51,513,000 (5,357,000)
Intercompany interest (expense) income                       0
Income (loss) from continuing operations excluding noncontrolling interests before taxes                       (5,357,000)
Total assets   2,318,451,000       2,636,764,000       2,318,451,000 2,636,764,000 2,436,477,000
Revenues   33,911,000 43,025,000 33,485,000 43,327,000 43,935,000 47,889,000 35,811,000 39,996,000 153,748,000 167,631,000 168,530,000
RAI [Member]
                       
Segment Reporting Information [Line Items]                        
Equity in earnings (losses) of unconsolidated entities                   5,389,000 4,083,000 9,507,000
General and administrative expenses                   (10,268,000)    
Gain on sale of leases and loans                   0 0 685,000
Impairment loss recognized in earnings                   0 (2,280,000) 0
Reversal of (provision for) credit losses                   (4,265,000) (20,148,000) (12,104,000)
Depreciation and amortization                   (1,936,000)    
Gain on sale and deconsolidation of subsidiary                   0 54,542,000 8,749,000
Loss on extinguishment of debt                   0 0 (2,190,000)
Impairment of available for sale securities                   (214,000) (74,000) 0
Interest expense                   (2,036,000)    
Other income (expense), net                   575,000    
Revenues                   76,575,000    
RSO [Member]
                       
Segment Reporting Information [Line Items]                        
Other income (expense), net                   17,007,000    
Total assets   2,150,461,000               2,150,461,000    
Revenues                   91,007,000    
Operating Segments [Member] | Real Estate [Member]
                       
Segment Reporting Information [Line Items]                        
Revenues from external customers                   56,126,000 43,235,000 31,544,000
Equity in earnings (losses) of unconsolidated entities                   1,017,000 1,848,000 8,628,000
Segment operating expenses                   (40,612,000) (30,475,000) (26,196,000)
Restructuring expenses                     0  
General and administrative expenses                   (4,054,000) (361,000) (308,000)
Gain on sale of leases and loans                       0
Impairment loss recognized in earnings                     (2,280,000)  
Reversal of (provision for) credit losses                   2,536,000 (428,000) (2,297,000)
Depreciation and amortization                   (1,275,000) (1,288,000) (1,287,000)
Gain on sale and deconsolidation of subsidiary                     0 0
Loss on extinguishment of debt                       0
Impairment of available for sale securities                   0 0  
Interest expense                   (829,000) (853,000) (1,049,000)
Gain on sales of loans and investment securities, net                       0
Other income (expense), net                   801,000 568,000 539,000
Pretax income attributable to noncontrolling interests                   (20,000) (835,000) 31,000
Income (loss) from continuing operations excluding noncontrolling interests before taxes                   13,690,000 9,131,000 9,605,000
Intercompany interest (expense) income                       0
Income (loss) from continuing operations excluding noncontrolling interests before taxes                       9,605,000
Total assets   179,002,000       170,810,000       179,002,000 170,810,000 162,648,000
Revenues                   57,143,000 45,083,000 40,172,000
Operating Segments [Member] | Financial Fund Management [Member]
                       
Segment Reporting Information [Line Items]                        
Revenues from external customers                   15,060,000 14,158,000 22,142,000
Equity in earnings (losses) of unconsolidated entities                   4,713,000 3,895,000 1,948,000
Segment operating expenses                   (10,155,000) (12,299,000) (19,646,000)
Restructuring expenses                     0  
General and administrative expenses                   (1,153,000) (2,392,000) (3,051,000)
Gain on sale of leases and loans                       0
Impairment loss recognized in earnings                     0  
Reversal of (provision for) credit losses                   (200,000) (457,000) 0
Depreciation and amortization                   (64,000) (111,000) (156,000)
Gain on sale and deconsolidation of subsidiary                     54,542,000 0
Loss on extinguishment of debt                       0
Impairment of available for sale securities                   (214,000) (74,000)  
Interest expense                   (9,000) 0 0
Gain on sales of loans and investment securities, net                       127,000
Other income (expense), net                   2,323,000 2,681,000 1,877,000
Pretax income attributable to noncontrolling interests                   0 0 0
Income (loss) from continuing operations excluding noncontrolling interests before taxes                   10,301,000 59,943,000 3,241,000
Intercompany interest (expense) income                       0
Income (loss) from continuing operations excluding noncontrolling interests before taxes                       3,241,000
Total assets   57,115,000       54,488,000       57,115,000 54,488,000 19,374,000
Revenues                   19,773,000 18,053,000 24,090,000
Operating Segments [Member] | Commercial Finance [Member]
                       
Segment Reporting Information [Line Items]                        
Revenues from external customers                   0 1,000 24,807,000
Equity in earnings (losses) of unconsolidated entities                   (341,000) (1,660,000) (1,069,000)
Segment operating expenses                   (56,000) (402,000) (12,897,000)
Restructuring expenses                     0  
General and administrative expenses                   0 0 0
Gain on sale of leases and loans                       685,000
Impairment loss recognized in earnings                     0  
Reversal of (provision for) credit losses                   (6,601,000) (19,263,000) (9,008,000)
Depreciation and amortization                   0 0 (9,694,000)
Gain on sale and deconsolidation of subsidiary                     0 8,749,000
Loss on extinguishment of debt                       0
Impairment of available for sale securities                   0 0  
Interest expense                   0 (58,000) (9,643,000)
Gain on sales of loans and investment securities, net                       0
Other income (expense), net                   13,000 0 11,000
Pretax income attributable to noncontrolling interests                   0 0 (1,092,000)
Income (loss) from continuing operations excluding noncontrolling interests before taxes                   (6,985,000) (21,382,000) (9,151,000)
Intercompany interest (expense) income                       (153,000)
Income (loss) from continuing operations excluding noncontrolling interests before taxes                       (9,304,000)
Total assets   9,255,000       11,876,000       9,255,000 11,876,000 30,516,000
Revenues                   (341,000) (1,659,000) 23,738,000
Operating Segments [Member] | All Other [Member]
                       
Segment Reporting Information [Line Items]                        
Revenues from external customers                   0 0 0
Equity in earnings (losses) of unconsolidated entities                   0 0 0
Segment operating expenses                   0 0 0
Restructuring expenses                     (365,000)  
General and administrative expenses                   (5,061,000) (7,039,000) (7,943,000)
Gain on sale of leases and loans                       0
Impairment loss recognized in earnings                     0  
Reversal of (provision for) credit losses                   0 0 0
Depreciation and amortization                   (597,000) (685,000) (538,000)
Gain on sale and deconsolidation of subsidiary                     0 0
Loss on extinguishment of debt                       (2,190,000)
Impairment of available for sale securities                   0 0  
Interest expense                   (1,198,000) (1,378,000) (5,256,000)
Gain on sales of loans and investment securities, net                       194,000
Other income (expense), net                   (321,000) (429,000) (732,000)
Pretax income attributable to noncontrolling interests                   0 0 0
Income (loss) from continuing operations excluding noncontrolling interests before taxes                   (7,177,000) (9,896,000) (16,465,000)
Intercompany interest (expense) income                       153,000
Income (loss) from continuing operations excluding noncontrolling interests before taxes                       (16,312,000)
Total assets   (77,382,000)       (76,967,000)       (77,382,000) (76,967,000) (59,047,000)
Revenues                   0 0 0
Reportable Legal Entities [Member]
                       
Segment Reporting Information [Line Items]                        
Total assets   167,990,000       160,207,000       167,990,000 160,207,000 153,491,000
Reportable Legal Entities [Member] | RAI [Member]
                       
Segment Reporting Information [Line Items]                        
Revenues from external customers                   71,186,000 57,394,000 78,493,000
Equity in earnings (losses) of unconsolidated entities                   5,389,000 4,083,000 9,507,000
Segment operating expenses                   (50,823,000) (43,176,000) (58,739,000)
Restructuring expenses                   0 (365,000) 0
General and administrative expenses                   (10,268,000) (9,792,000) (11,302,000)
Gain on sale of leases and loans                   0 0 685,000
Impairment loss recognized in earnings                   0 (2,280,000) 0
Reversal of (provision for) credit losses                   (4,265,000) (20,148,000) (11,305,000)
Depreciation and amortization                   (1,936,000) (2,084,000) (11,675,000)
Gain on sale and deconsolidation of subsidiary                   0 54,542,000 8,749,000
Loss on extinguishment of debt                   0 0 (2,190,000)
Impairment of available for sale securities                   (214,000) (74,000) 0
Interest expense                   (2,036,000) (2,289,000) (15,948,000)
Gain on sales of loans and investment securities, net                       321,000
Other income (expense), net                   2,816,000 2,820,000 1,695,000
Pretax income attributable to noncontrolling interests                   (20,000) (835,000) (1,061,000)
Income (loss) from continuing operations excluding noncontrolling interests before taxes                   9,829,000 37,796,000 (12,770,000)
Intercompany interest (expense) income                       0
Income (loss) from continuing operations excluding noncontrolling interests before taxes                       (12,770,000)
Total assets   195,820,000               195,820,000    
Revenues   22,141,000 24,422,000 14,563,000 15,449,000 15,705,000 17,208,000 13,784,000 14,780,000 76,575,000 61,477,000 88,000,000
Reportable Legal Entities [Member] | RSO [Member]
                       
Segment Reporting Information [Line Items]                        
Revenues from external customers                   91,007,000 123,698,000 95,986,000
Equity in earnings (losses) of unconsolidated entities                   0 0 0
Segment operating expenses                   (62,602,000) (63,850,000) (50,103,000)
Restructuring expenses                     0  
General and administrative expenses                   0 0 0
Gain on sale of leases and loans                       0
Impairment loss recognized in earnings                     0  
Reversal of (provision for) credit losses                   0 0 0
Depreciation and amortization                   0 0 0
Gain on sale and deconsolidation of subsidiary                     0 0
Loss on extinguishment of debt                       0
Impairment of available for sale securities                   0 0  
Interest expense                   0 0 0
Gain on sales of loans and investment securities, net                       0
Other income (expense), net                   17,007,000 19,197,000 3,869,000
Pretax income attributable to noncontrolling interests                   (45,581,000) (62,560,000) (36,370,000)
Income (loss) from continuing operations excluding noncontrolling interests before taxes                   (169,000) 16,485,000 13,382,000
Intercompany interest (expense) income                       0
Income (loss) from continuing operations excluding noncontrolling interests before taxes                       13,382,000
Total assets   2,151,427,000               2,151,427,000    
Revenues   14,996,000 23,786,000 21,647,000 30,578,000 33,041,000 35,669,000 26,262,000 28,726,000 91,007,000 123,698,000 95,986,000
Consolidation, Eliminations [Member]
                       
Segment Reporting Information [Line Items]                        
Revenues from external customers                   (13,834,000) (17,544,000) (15,456,000)
Equity in earnings (losses) of unconsolidated entities                   0 0 0
Segment operating expenses                   13,215,000 17,351,000 11,644,000
Restructuring expenses                     0  
General and administrative expenses                   0 0 0
Gain on sale of leases and loans                       0
Impairment loss recognized in earnings                     0  
Reversal of (provision for) credit losses                   0 0 0
Depreciation and amortization                   0 0 0
Gain on sale and deconsolidation of subsidiary                     0 0
Loss on extinguishment of debt                       0
Impairment of available for sale securities                   0 0  
Interest expense                   0 0 0
Gain on sales of loans and investment securities, net                       0
Other income (expense), net                   (1,997,000) (2,575,000) (2,157,000)
Pretax income attributable to noncontrolling interests                   0 0 0
Income (loss) from continuing operations excluding noncontrolling interests before taxes                   (2,616,000) (2,768,000) (5,969,000)
Intercompany interest (expense) income                       0
Income (loss) from continuing operations excluding noncontrolling interests before taxes                       (5,969,000)
Revenues   $ (3,226,000) $ (5,183,000) $ (2,725,000) $ (2,700,000) $ (4,811,000) $ (4,988,000) $ (4,235,000) $ (3,510,000) $ (13,834,000) $ (17,544,000) $ (15,456,000)