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OPERATING SEGMENTS
 3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
OPERATING SEGMENTS
OPERATING SEGMENTS
The Company manages its operations and makes business decisions based on three reportable operating segments, Real Estate, Financial Fund Management and Commercial Finance, and one segment, RSO, which is a consolidated VIE.  Certain other activities are reported in the “All Other” category and Eliminations in the tables in order for the information presented about the Company's operating segments to agree to the consolidated balance sheets and statements of operations. Summarized operating segment data are as follows (in thousands):
Three Months Ended 
 March 31, 2014
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All Other (1)
 
Total
RAI
 
RSO
 
Eliminations
 
Total
Consolidation
Revenues from external customers
 
$
13,630

 
$
5,990

 
$
—

 
$
—

 
$
19,620

 
$
31,931

 
$
(2,880
)
 
$
48,671

Equity in (losses) earnings of unconsolidated entities
 
(355
)
 
1,085

 
(99
)
 
—

 
631

 
—

 
—

 
631

Total revenues
 
13,275

 
7,075

 
(99
)
 
—

 
20,251

 
31,931

 
(2,880
)
 
49,302

Segment operating expenses
 
(8,875
)
 
(4,389
)
 
(103
)
 
—

 
(13,367
)
 
(13,140
)
 
2,835

 
(23,672
)
General and administrative expenses
 
(1,096
)
 
(453
)
 
—

 
(1,605
)
 
(3,154
)
 
—

 
—

 
(3,154
)
Reversal of (provision for) credit losses
 
3

 
—

 
(1,211
)
 
—

 
(1,208
)
 
—

 
—

 
(1,208
)
Depreciation and amortization
 
(308
)
 
(11
)
 
—

 
(132
)
 
(451
)
 
—

 
—

 
(451
)
Interest expense
 
(196
)
 
—

 
—

 
(287
)
 
(483
)
 
—

 
—

 
(483
)
Other income (expense), net
 
256

 
571

 
(2
)
 
(88
)
 
737

 
(1,331
)
 
(554
)
 
(1,148
)
Pretax loss (income) attributable to noncontrolling interests (2)
 
40

 
—

 
—

 
—

 
40

 
(17,151
)
 
—

 
(17,111
)
Income (loss) from continuing operations excluding noncontrolling interests before taxes
 
$
3,099

 
$
2,793

 
$
(1,415
)
 
$
(2,112
)
 
$
2,365

 
$
309

 
$
(599
)
 
$
2,075

Three Months Ended 
 March 31, 2013
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All
Other (1)
 
Total
RAI
 
RSO
 
Eliminations
 
Total
Consolidation
Revenues from external customers
 
$
11,320

 
$
2,868

 
$
—

 
$
—

 
$
14,188

 
$
30,578

 
$
(2,700
)
 
$
42,066

Equity in earnings (losses) of unconsolidated entities
 
20

 
1,419

 
(178
)
 
—

 
1,261

 
—

 
—

 
1,261

Total revenues
 
11,340

 
4,287

 
(178
)
 
—

 
15,449

 
30,578

 
(2,700
)
 
43,327

Segment operating expenses
 
(9,440
)
 
(2,528
)
 
(45
)
 
—

 
(12,013
)
 
(16,188
)
 
2,654

 
(25,547
)
General and administrative expenses
 
(1,404
)
 
9

 
—

 
(758
)
 
(2,153
)
 
—

 
—

 
(2,153
)
Reversal of (provision for) credit losses
 
2,522

 
—

 
(2,860
)
 
—

 
(338
)
 
—

 
—

 
(338
)
Depreciation and amortization
 
(230
)
 
(20
)
 
—

 
(166
)
 
(416
)
 
—

 
—

 
(416
)
Other-than-temporary impairment on investments
 
—

 
(214
)
 
—

 
—

 
(214
)
 
—

 
—

 
(214
)
Interest expense
 
(197
)
 
—

 
(1
)
 
(296
)
 
(494
)
 
—

 
—

 
(494
)
Other income (expense), net
 
297

 
589

 
6

 
(147
)
 
745

 
—

 
(525
)
 
220

Pretax loss (income) attributable to noncontrolling interests (2)
 
43

 
—

 
—

 
—

 
43

 
(12,314
)
 
—

 
(12,271
)
Income (loss) from continuing operations excluding noncontrolling interests before taxes
 
$
2,931

 
$
2,123

 
$
(3,078
)
 
$
(1,367
)
 
$
609

 
$
2,076

 
$
(571
)
 
$
2,114

Segment assets
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All
Other (1)
 
Total
RAI
 
RSO
 
Total
Consolidation
March 31, 2014
 
$
180,902

 
$
60,047

 
$
9,861

 
$
(82,254
)
 
$
168,556

 
$
2,341,335

 
$
2,509,891

March 31, 2013
 
$
171,771

 
$
56,908

 
$
8,507

 
$
(75,261
)
 
$
161,925

 
$
2,366,853

 
$
2,528,778

 
(1)
Includes general corporate expenses and assets not allocable to any particular segment.
(2)
In viewing its segment operations, the Company includes the pretax (income) loss attributable to noncontrolling interests.  However, these interests are excluded from (loss) income from operations as computed in accordance with U.S. GAAP and should be deducted to compute income (loss) from operations as reflected in the Company’s consolidated statements of operations.