XML 61 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2014
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS    
On April 8, 2014, RSO sold its hotel property, which had been classified as property available-for-sale at December 31, 2013.
On May 1, 2014, the Company entered into a loan agreement to lend up to €2.0 million to CVC Credit Partners Group Limited, a related party. Advances on the loan bear interest at the EURIBOR plus 7% as determined on the date of each advance on the facility. The loan matures on October 1, 2014.
The Company has evaluated subsequent events through the filing of this form and determined that there have not been any events that have occurred that would require adjustments to the consolidated financial statements.