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VARIABLE INTEREST ENTITIES RSO Income Statement Detail (Details) (USD $)
3 Months Ended 12 Months Ended
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
Interest income:                      
Interest expense                 $ 2,036,000 $ 2,289,000 $ 15,948,000
Equity in earnings (losses) of unconsolidated entities                 5,389,000 4,083,000 9,507,000
Total 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
COSTS AND EXPENSES:                      
General and administrative                 10,268,000 9,792,000 11,302,000
Depreciation and amortization                 1,936,000 2,084,000 11,675,000
Income tax (benefit) expense                 616,000    
Provision for loan losses       1,000,000 4,500,000 6,300,000 5,700,000        
Costs and Expenses                 116,679,000 124,344,000 130,795,000
OTHER REVENUE (EXPENSE)                      
Gain on the extinguishment of debt                     (2,190,000)
Other income (expense), net                 15,576,000 71,621,000 (5,661,000)
Total other revenue (expense)                 15,576,000    
Income from continuing operations before taxes                 52,645,000 114,908,000 32,074,000
Income tax (benefit) expense                 616,000    
Net income (loss) 1,375,000 3,442,000 1,113,000 496,000 (1,534,000) (2,267,000) 30,211,000 (2,382,000) 6,426,000 24,028,000 (13,064,000)
RSO [Member]
                     
Interest income:                      
Loans                 99,455,000 109,030,000 86,739,000
Securities                 14,309,000 14,296,000 12,424,000
Interest income − other                 4,212,000 10,004,000 10,711,000
Total interest income                 117,976,000 133,330,000 109,874,000
Interest expense                 61,010,000 42,792,000 32,186,000
Net interest income                 56,966,000 90,538,000 77,688,000
Rental income                 19,923,000 11,463,000 3,656,000
Dividend income                 273,000 69,000 3,045,000
Equity in earnings (losses) of unconsolidated entities                 949,000 (2,709,000) 112,000
Fee income                 6,075,000 7,068,000 7,789,000
Net realized gain on sales of investment securities available-for-sale and loans                 10,986,000 4,106,000 2,643,000
Net realized and unrealized gain on investment securities, trading                 (324,000) 12,435,000 837,000
Unrealized gain and net interest income on linked transactions, net                 (3,841,000) 728,000 216,000
Total revenues                 91,007,000 123,698,000 95,986,000
COSTS AND EXPENSES:                      
Management fees − related party                 14,220,000 18,512,000 11,022,000
Equity compensation − related party                 10,472,000 4,636,000 2,526,000
Rental operating expense                 14,062,000 8,046,000 2,743,000
General and administrative                 16,110,000 9,773,000 8,399,000
Depreciation and amortization                 3,855,000 5,885,000 4,619,000
Income tax (benefit) expense                 (1,041,000) 14,602,000 12,036,000
Net impairment losses recognized in earnings                 863,000 180,000 6,898,000
Provision for loan losses                 3,020,000 16,818,000 13,896,000
Total operating expenses                 61,561,000 78,452,000 62,139,000
Costs and Expenses                 62,602,000 63,850,000 50,103,000
Adjusted operating income                 28,405,000 59,848,000 45,883,000
OTHER REVENUE (EXPENSE)                      
Gain on consolidation                 0 2,498,000 0
Gain on the extinguishment of debt                 0 16,699,000 3,875,000
Gains (Losses) on Sales of Investment Real Estate                 16,616,000 0 0
Other income (expense), net                 391,000 0 (6,000)
Total other revenue (expense)                 17,007,000 19,197,000 3,869,000
Income from continuing operations before taxes                 45,412,000 79,045,000 49,752,000
Income tax (benefit) expense                 (1,041,000) 14,602,000 12,036,000
Net income (loss)                 46,453,000 64,443,000 37,716,000
Net income allocated to preferred shares                 (7,221,000) (1,244,000) 0
NET INCOME ALLOCABLE TO COMMON SHARES                 $ 39,232,000 $ 63,199,000 $ 37,716,000