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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Dec. 31, 2012
ASSETS    
Cash $ 19,853,000 $ 11,899,000
Receivables from managed entities and related parties, net 30,923,000 30,618,000
Investments in real estate, net 17,696,000 18,041,000
Investment securities, at fair value 7,839,000 10,576,000
Investments in unconsolidated entities 14,342,000 13,156,000
Assets of consolidated variable interest entity (VIE) - RSO (see Note 23):    
Investment securities, at fair value 7,839,000 10,576,000
Property and equipment, net 5,844,000 2,590,000
Total assets 2,318,451,000 2,636,764,000
Liabilities:    
Payables to managed entities and related parties 3,110,000 3,536,000
Borrowings 20,619,000 20,735,000
Liabilities of consolidated VIE - RSO (see Note 23):    
Total liabilities 1,421,125,000 1,902,974,000
Commitments and contingencies      
Equity:    
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding 0 0
Common stock, $.01 par value, 49,000,000 shares authorized; 30,378,339 and 30,069,822 shares issued (including nonvested restricted stock of 400,194 and 604,353), respectively 299,000 295,000
Additional paid-in capital 288,555,000 286,048,000
Accumulated deficit (26,025,000) (29,486,000)
Treasury stock, at cost; 10,434,436 and 9,914,090 shares, respectively (107,874,000) (103,472,000)
Accumulated other comprehensive loss (1,231,000) (2,197,000)
Total stockholders’ equity 153,724,000 151,188,000
Total equity 897,326,000 733,790,000
Liabilities and equity 2,318,451,000 2,636,764,000
RAI [Member]
   
ASSETS    
Cash 19,853,000 11,899,000
Restricted cash 571,000 638,000
Receivables 541,000 468,000
Receivables from managed entities and related parties, net 30,923,000 30,618,000
Investments in real estate, net 17,696,000 18,041,000
Investment securities, at fair value 7,839,000 10,576,000
Investments in unconsolidated loan manager (see Notes 1 and 8) 37,821,000 37,221,000
Investments in unconsolidated entities 14,342,000 13,156,000
Assets of consolidated variable interest entity (VIE) - RSO (see Note 23):    
Investment securities, at fair value 7,839,000 10,576,000
Property and equipment, net 5,844,000 2,590,000
Deferred tax assets, net 27,769,000 28,274,000
Other assets 4,791,000 6,726,000
Liabilities:    
Accrued expenses and other liabilities 22,134,000 21,864,000
Payables to managed entities and related parties 3,110,000 3,536,000
Borrowings 20,619,000 20,735,000
Equity:    
Noncontrolling interests 238,000 279,000
RSO [Member]
   
ASSETS    
Investment securities, at fair value 221,395,000 256,433,000
Assets of consolidated variable interest entity (VIE) - RSO (see Note 23):    
Cash and cash equivalents (including restricted cash) 325,579,000 179,390,000
Investment securities, at fair value 221,395,000 256,433,000
Loans 1,397,458,000 1,849,428,000
Investments in real estate and unconsolidated entities 129,562,000 120,706,000
Other assets 76,467,000 70,600,000
Total assets of consolidated VIE - RSO 2,150,461,000 2,476,557,000
Total assets 2,150,461,000  
Liabilities of consolidated VIE - RSO (see Note 23):    
Borrowings 1,320,015,000 1,785,600,000
Other liabilities 55,247,000 71,239,000
Total liabilities of consolidated VIE - RSO 1,375,262,000 1,856,839,000
Total liabilities 1,375,262,000  
Equity:    
Noncontrolling interests $ 743,364,000 $ 582,323,000