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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES:    
Total revenues $ 49,302 $ 43,327
COSTS AND EXPENSES:    
General and administrative 3,154 2,153
Provision for credit losses 1,208 338
Depreciation and amortization 451 416
Costs and expenses 28,485 28,454
OPERATING INCOME 20,817 14,873
OTHER INCOME (EXPENSE):    
Other-than-temporary impairment on investments   (214)
Interest expense (483) (494)
Other income (expense), net (1,631) (488)
Income from continuing operations before taxes 19,186 14,385
Income tax provision (benefit) 1,085  
Income from continuing operations 18,101 12,769
Loss from discontinued operations, net of tax 0 (2)
Net income 18,101 12,767
Net income attributable to common shareholders 990 496
Amounts attributable to common shareholders:    
Income from continuing operations 990 498
Discontinued operations 0 (2)
Net income 990 496
Basic earnings per share:    
Continuing operations (in dollars per share) $ 0.05 $ 0.02
Discontinued operations (in dollars per share) $ 0.00 $ 0.00
Net income (loss) (in dollars per share) $ 0.05 $ 0.02
Weighted average shares outstanding (in shares) 20,252 20,124
Diluted earnings per share:    
Continuing operations (in dollars per share) $ 0.04 $ 0.02
Discontinued operations (in dollars per share) $ 0.00 $ 0.00
Net income (loss) (in dollars per share) $ 0.04 $ 0.02
Weighted average shares outstanding (in shares) 22,027 21,815
RAI [Member]
   
REVENUES:    
Real estate (includes revenues of $2,683 and $2,288 related to RSO) 13,275  
Financial fund management (includes revenues of $207 and $381 related to RSO) 7,075  
Commercial finance (includes no revenue related to RSO) (99)  
Total revenues 20,251  
COSTS AND EXPENSES:    
Real estate 8,875  
Financial fund management 4,389  
Commercial finance 103  
General and administrative 3,154  
Provision for credit losses 1,208 338
Depreciation and amortization 451  
Costs and expenses 18,180  
OTHER INCOME (EXPENSE):    
Other-than-temporary impairment on investments 0 (214)
Interest expense (483)  
Income tax provision (benefit) 1,069 (146)
Loss from discontinued operations, net of tax 0 (2)
Net loss attributable to noncontrolling interests 40 43
RSO [Member]
   
REVENUES:    
Real estate (includes revenues of $2,683 and $2,288 related to RSO) 2,683 2,288
Financial fund management (includes revenues of $207 and $381 related to RSO) 207 381
Commercial finance (includes no revenue related to RSO) 0 0
Total revenues 31,931  
COSTS AND EXPENSES:    
Costs and expenses 13,140  
OTHER INCOME (EXPENSE):    
Income tax provision (benefit) 16 1,762
Net loss attributable to noncontrolling interests (17,151) (12,314)
Reportable Legal Entities [Member]
   
OTHER INCOME (EXPENSE):    
Other income (expense), net (318) (519)
Reportable Legal Entities [Member] | RAI [Member]
   
REVENUES:    
Real estate (includes revenues of $2,683 and $2,288 related to RSO) 13,275 11,340
Financial fund management (includes revenues of $207 and $381 related to RSO) 7,075 4,287
Commercial finance (includes no revenue related to RSO) (99) (178)
Total revenues 20,251 15,449
COSTS AND EXPENSES:    
Real estate 8,875 9,440
Financial fund management 4,389 2,528
Commercial finance 103 45
General and administrative 3,154 2,153
Provision for credit losses 1,208 338
Depreciation and amortization 451 416
Costs and expenses 18,180 14,920
OPERATING INCOME 2,071  
OTHER INCOME (EXPENSE):    
Other-than-temporary impairment on investments 0 (214)
Interest expense (483) (494)
Other (expense) income 165 189
Income from continuing operations before taxes 2,325  
Income tax provision (benefit) 1,069  
Net income 1,256  
Net loss attributable to noncontrolling interests 40  
Net income attributable to common shareholders 1,296  
Amounts attributable to common shareholders:    
Income from continuing operations 1,296  
Discontinued operations 0  
Net income 1,296  
Reportable Legal Entities [Member] | RSO [Member]
   
REVENUES:    
Total revenues 31,931 30,578
COSTS AND EXPENSES:    
General and administrative 0 0
Provision for credit losses 0 0
Depreciation and amortization 0 0
Costs and expenses 13,124 16,188
OPERATING INCOME 18,791  
OTHER INCOME (EXPENSE):    
Other-than-temporary impairment on investments   0
Interest expense 0 0
Other (expense) income (1,331) 0
Income from continuing operations before taxes 17,460  
Income tax provision (benefit) 0  
Net income 17,460  
Net loss attributable to noncontrolling interests (2,344)  
Net income attributable to common shareholders 15,116  
Amounts attributable to common shareholders:    
Income from continuing operations 15,116  
Discontinued operations 0  
Net income 15,116  
Consolidation, Eliminations [Member]
   
REVENUES:    
Total revenues (2,880) (2,700)
COSTS AND EXPENSES:    
General and administrative 0 0
Provision for credit losses 0 0
Depreciation and amortization 0 0
Costs and expenses (2,819) (2,654)
OPERATING INCOME (45)  
OTHER INCOME (EXPENSE):    
Other-than-temporary impairment on investments   0
Interest expense 0 0
Other (expense) income 18 31
Income from continuing operations before taxes (599)  
Income tax provision (benefit) 16  
Net income (615)  
Net income attributable to common shareholders (15,422)  
Amounts attributable to common shareholders:    
Income from continuing operations (15,422)  
Discontinued operations 0  
Net income (15,422)  
Consolidation, Eliminations [Member] | RSO [Member]
   
OTHER INCOME (EXPENSE):    
Net loss attributable to noncontrolling interests $ (14,807)