XML 75 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets:    
Cash $ 26,428 $ 19,853
Loans and receivables from managed entities and related parties, net 32,637 30,923
Investments in real estate, net 17,091 17,696
Investment securities, at fair value 9,845 7,839
Investments in unconsolidated entities (see Note 8) 13,272 14,342
Assets of consolidated variable interest entity (VIE)-RSO (see Note 19):    
Investment securities, at fair value 9,845 7,839
Total assets 2,763,102 2,318,451
Liabilities:    
Payables to managed entities and related parties 3,695 3,110
Borrowings 20,451 20,619
Liabilities of consolidated VIE-RSO (see Note 19):    
Borrowings 20,451 20,619
Total liabilities 1,689,256 1,421,125
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; 34,463,787 and 30,378,339 shares issued (including nonvested restricted stock of 883,830 and 400,194), respectively 334 299
Additional paid-in capital 307,412 288,555
Accumulated deficit (24,040) (26,025)
Treasury stock, at cost; 11,517,053 and 10,434,436 shares, respectively (117,881) (107,874)
Accumulated other comprehensive loss (1,066) (1,231)
Total stockholders’ equity 164,759 153,724
Total equity 1,073,846 897,326
Liabilities and equity 2,763,102 2,318,451
RAI [Member]
   
Assets:    
Cash 26,428 19,853
Restricted cash 704 571
Receivables 1,051 541
Loans and receivables from managed entities and related parties, net 32,637 30,923
Investments in real estate, net 17,091 17,696
Investment securities, at fair value 9,845 7,839
Investments in unconsolidated loan manager (see Note 8) 39,048 37,821
Investments in unconsolidated entities (see Note 8) 13,272 14,342
Assets of consolidated variable interest entity (VIE)-RSO (see Note 19):    
Investment securities, at fair value 9,845 7,839
Property and equipment, net 5,177 5,844
Deferred tax assets, net 22,808 27,769
Other assets 6,028 4,791
Liabilities:    
Accrued expenses and other liabilities 19,027 22,134
Payables to managed entities and related parties 3,695 3,110
Borrowings 20,451 20,619
Liabilities of consolidated VIE-RSO (see Note 19):    
Borrowings 20,451 20,619
Commitments and contingencies      
Equity:    
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding 0  
Common stock, $.01 par value, 49,000,000 shares authorized; 34,463,787 and 30,378,339 shares issued (including nonvested restricted stock of 883,830 and 400,194), respectively 334  
Additional paid-in capital 307,412  
Accumulated deficit (24,040)  
Treasury stock, at cost; 11,517,053 and 10,434,436 shares, respectively (117,881)  
Accumulated other comprehensive loss (1,066)  
Total stockholders’ equity 164,759  
Noncontrolling interests 254 238
RSO [Member]
   
Assets:    
Investment securities, at fair value 290,205 226,764
Assets of consolidated variable interest entity (VIE)-RSO (see Note 19):    
Cash and cash equivalents (including restricted cash) 246,873 325,579
Investment securities, at fair value 290,205 226,764
Loans 1,839,895 1,397,458
Investments in real estate and unconsolidated entities 90,121 124,193
Other assets 121,919 76,467
Total assets of consolidated VIE-RSO 2,589,013 2,150,461
Total assets 2,589,013  
Liabilities:    
Borrowings 1,591,241 1,320,015
Liabilities of consolidated VIE-RSO (see Note 19):    
Borrowings 1,591,241 1,320,015
Other liabilities 54,842 55,247
Total liabilities of consolidated VIE-RSO 1,646,083 1,375,262
Total liabilities 1,646,083  
Equity:    
Noncontrolling interests $ 908,833 $ 743,364