XML 77 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Assets:    
Cash $ 24,909us-gaap_CashAndCashEquivalentsAtCarryingValue $ 27,542us-gaap_CashAndCashEquivalentsAtCarryingValue
Loans and receivables from managed entities and related parties, net 26,787us-gaap_DueFromRelatedParties 30,303us-gaap_DueFromRelatedParties
Investments in real estate, net 16,833us-gaap_RealEstateInvestmentPropertyNet 17,097us-gaap_RealEstateInvestmentPropertyNet
Investment securities, at fair value 9,785us-gaap_MarketableSecurities 9,540us-gaap_MarketableSecurities
Investments in unconsolidated entities (see Note 8) 13,105rexi_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesExcludingAdvances 13,089rexi_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesExcludingAdvances
Assets of consolidated variable interest entity (VIE)-RSO (see Note 19):    
Investment securities, at fair value 9,785us-gaap_MarketableSecurities 9,540us-gaap_MarketableSecurities
Total assets 3,102,307us-gaap_Assets 2,900,842us-gaap_Assets
Liabilities:    
Payables to managed entities and related parties 2,165us-gaap_DueToRelatedPartiesCurrentAndNoncurrent 3,015us-gaap_DueToRelatedPartiesCurrentAndNoncurrent
Borrowings 21,174us-gaap_DebtAndCapitalLeaseObligations 20,412us-gaap_DebtAndCapitalLeaseObligations
Liabilities of consolidated VIE-RSO (see Note 19):    
Borrowings 21,174us-gaap_DebtAndCapitalLeaseObligations 20,412us-gaap_DebtAndCapitalLeaseObligations
Total liabilities 2,027,109us-gaap_Liabilities 1,820,399us-gaap_Liabilities
Equity:    
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $.01 par value, 49,000,000 shares authorized; 34,975,726 and 34,489,568 shares issued (including nonvested restricted stock of 1,165,119 and 833,082), respectively 338us-gaap_CommonStockValueOutstanding 335us-gaap_CommonStockValueOutstanding
Additional paid-in capital 308,877us-gaap_AdditionalPaidInCapitalCommonStock 308,134us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (24,632)us-gaap_RetainedEarningsAccumulatedDeficit (23,663)us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, at cost; 12,001,772 and 11,764,417 shares, respectively (122,305)us-gaap_TreasuryStockValue (120,182)us-gaap_TreasuryStockValue
Accumulated other comprehensive loss (1,139)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (1,030)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 161,139us-gaap_StockholdersEquity 163,594us-gaap_StockholdersEquity
Total equity 1,075,198us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,080,443us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity 3,102,307us-gaap_LiabilitiesAndStockholdersEquity 2,900,842us-gaap_LiabilitiesAndStockholdersEquity
RAI [Member]    
Assets:    
Cash 24,909us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
27,542us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Restricted cash 798us-gaap_RestrictedCashAndCashEquivalents
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
725us-gaap_RestrictedCashAndCashEquivalents
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Receivables 714us-gaap_AccountsAndNotesReceivableNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
636us-gaap_AccountsAndNotesReceivableNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Loans and receivables from managed entities and related parties, net 26,787us-gaap_DueFromRelatedParties
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
30,303us-gaap_DueFromRelatedParties
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Investments in real estate, net 16,833us-gaap_RealEstateInvestmentPropertyNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
17,097us-gaap_RealEstateInvestmentPropertyNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Investment securities, at fair value 9,785us-gaap_MarketableSecurities
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
9,540us-gaap_MarketableSecurities
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Investments in unconsolidated loan manager (see Note 8) 40,292rexi_InvestmentInJointVentureAndRelatedInterests
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
39,655rexi_InvestmentInJointVentureAndRelatedInterests
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Investments in unconsolidated entities (see Note 8) 13,105rexi_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesExcludingAdvances
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
13,089rexi_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesExcludingAdvances
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Assets of consolidated variable interest entity (VIE)-RSO (see Note 19):    
Investment securities, at fair value 9,785us-gaap_MarketableSecurities
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
9,540us-gaap_MarketableSecurities
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Property and equipment, net 5,739us-gaap_PropertyPlantAndEquipmentNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
5,063us-gaap_PropertyPlantAndEquipmentNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Deferred tax assets, net 22,015us-gaap_DeferredTaxAssetsNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
23,304us-gaap_DeferredTaxAssetsNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Other assets 8,684us-gaap_PrepaidExpenseAndOtherAssets
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
5,416us-gaap_PrepaidExpenseAndOtherAssets
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Liabilities:    
Accrued expenses and other liabilities 21,631us-gaap_AccountsPayableAndOtherAccruedLiabilities
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
22,279us-gaap_AccountsPayableAndOtherAccruedLiabilities
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Payables to managed entities and related parties 2,165us-gaap_DueToRelatedPartiesCurrentAndNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
3,015us-gaap_DueToRelatedPartiesCurrentAndNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Borrowings 21,174us-gaap_DebtAndCapitalLeaseObligations
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
20,412us-gaap_DebtAndCapitalLeaseObligations
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Liabilities of consolidated VIE-RSO (see Note 19):    
Borrowings 21,174us-gaap_DebtAndCapitalLeaseObligations
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
20,412us-gaap_DebtAndCapitalLeaseObligations
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
Commitments and contingencies      
Equity:    
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding 0us-gaap_PreferredStockValue
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
 
Common stock, $.01 par value, 49,000,000 shares authorized; 34,975,726 and 34,489,568 shares issued (including nonvested restricted stock of 1,165,119 and 833,082), respectively 338us-gaap_CommonStockValueOutstanding
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
 
Additional paid-in capital 308,877us-gaap_AdditionalPaidInCapitalCommonStock
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
 
Accumulated deficit (24,632)us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
 
Treasury stock, at cost; 12,001,772 and 11,764,417 shares, respectively (122,305)us-gaap_TreasuryStockValue
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
 
Accumulated other comprehensive loss (1,139)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
 
Total stockholders’ equity 161,139us-gaap_StockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
 
Noncontrolling interests 313us-gaap_MinorityInterest
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
306us-gaap_MinorityInterest
/ dei_LegalEntityAxis
= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember
RSO [Member]    
Assets:    
Investment securities, at fair value 313,840us-gaap_MarketableSecurities
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
296,506us-gaap_MarketableSecurities
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Assets of consolidated variable interest entity (VIE)-RSO (see Note 19):    
Cash and cash equivalents (including restricted cash) 244,129us-gaap_CashCashEquivalentsAndShortTermInvestments
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
202,043us-gaap_CashCashEquivalentsAndShortTermInvestments
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Investment securities, at fair value 313,840us-gaap_MarketableSecurities
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
296,506us-gaap_MarketableSecurities
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Loans 2,209,175us-gaap_LoansReceivableNet
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
2,038,435us-gaap_LoansReceivableNet
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Investments in real estate and unconsolidated entities 55,668us-gaap_RealEstateInvestments
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
60,007us-gaap_RealEstateInvestments
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Other assets 109,834us-gaap_OtherAssets
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
131,481us-gaap_OtherAssets
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Total assets of consolidated VIE-RSO 2,932,646us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
2,728,472us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Total assets 2,932,646us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
 
Liabilities:    
Borrowings 1,924,932us-gaap_DebtAndCapitalLeaseObligations
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
1,717,132us-gaap_DebtAndCapitalLeaseObligations
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Liabilities of consolidated VIE-RSO (see Note 19):    
Borrowings 1,924,932us-gaap_DebtAndCapitalLeaseObligations
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
1,717,132us-gaap_DebtAndCapitalLeaseObligations
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Other liabilities 57,207us-gaap_OtherLiabilities
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
57,561us-gaap_OtherLiabilities
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Total liabilities of consolidated VIE-RSO 1,982,139us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
1,774,693us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Total liabilities 1,982,139us-gaap_Liabilities
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
 
Equity:    
Noncontrolling interests $ 913,746us-gaap_MinorityInterest
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
$ 916,543us-gaap_MinorityInterest
/ dei_LegalEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember