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VARIABLE INTEREST ENTITIES BORROWINGS (Details) RSO
1 Months Ended 3 Months Ended 4 Months Ended 5 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
USD ($)
Jan. 13, 2015
USD ($)
Oct. 21, 2013
USD ($)
Feb. 28, 2015
USD ($)
Feb. 28, 2014
Jun. 30, 2015
USD ($)
Jun. 30, 2014
USD ($)
Jun. 30, 2015
USD ($)
Feb. 18, 2015
Jun. 30, 2015
USD ($)
Jun. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
$ / shares
Mar. 31, 2015
USD ($)
Feb. 24, 2015
USD ($)
Jan. 31, 2015
USD ($)
Sep. 30, 2014
USD ($)
Sep. 18, 2014
USD ($)
RCC CRE Notes 2013 [Member] | Senior Notes Class E [Member]                                  
Debt Instrument [Line Items]                                  
Outstanding Borrowings                       $ 20,800,000          
Basis spread on variable rate                       4.75%          
RCC CRE Notes 2013 [Member] | Senior Notes Class F [Member]                                  
Debt Instrument [Line Items]                                  
Outstanding Borrowings                       $ 15,600,000          
Basis spread on variable rate                       5.50%          
RCC CRE Notes 2013 [Member] | Senior Notes Class A [Member]                                  
Debt Instrument [Line Items]                                  
Outstanding Borrowings                       $ 193,900,000          
Basis spread on variable rate                       1.40%          
RCC CRE Notes 2013 [Member] | Senior Notes Class A-S [Member]                                  
Debt Instrument [Line Items]                                  
Outstanding Borrowings                       $ 17,300,000          
Basis spread on variable rate                       1.65%          
RCC CRE Notes 2013 [Member] | Senior Notes Class B [Member]                                  
Debt Instrument [Line Items]                                  
Outstanding Borrowings                       $ 19,500,000          
Basis spread on variable rate                       2.40%          
RCC CRE Notes 2013 [Member] | Senior Notes Class C [Member]                                  
Debt Instrument [Line Items]                                  
Outstanding Borrowings                       $ 20,800,000          
Basis spread on variable rate                       3.15%          
RCC CRE Notes 2013 [Member] | Senior Notes Class D [Member]                                  
Debt Instrument [Line Items]                                  
Outstanding Borrowings                       $ 30,700,000          
Basis spread on variable rate                       4.00%          
RSO [Member]                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Cumulative Amount Repaid $ 262,500,000         $ 262,500,000   $ 262,500,000   $ 262,500,000              
Outstanding Borrowings       $ 282,100,000                          
Percentage of senior notes acquired by the parent       100.00%                          
Weighted Average Interest Rate 2.56%         2.56%   2.56%   2.56%   2.09%          
Unamortized Debt Issuance Expense $ 1,827,461,000         $ 1,827,461,000   $ 1,827,461,000   $ 1,827,461,000   $ 1,716,871,000          
Principal Outstanding 1,853,054,000         1,853,054,000   1,853,054,000   1,853,054,000   $ 1,734,901,000          
Convertible senior notes                   12,229,000 $ 0            
Interest income − other           1,119,000 $ 982,000     1,951,000 $ 3,834,000            
RSO [Member] | RCC CRE Notes 2014 [Member]                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Cumulative Amount Repaid $ 0         $ 0   $ 0   $ 0              
Weighted Average Interest Rate 1.48%         1.48%   1.48%   1.48%   1.45%          
Unamortized Debt Issuance Expense $ 231,846,000         $ 231,846,000   $ 231,846,000   $ 231,846,000   $ 231,657,000          
Principal Outstanding $ 235,344,000         $ 235,344,000   $ 235,344,000   $ 235,344,000   $ 235,344,000          
RSO [Member] | CMBS - Term Repurchase Facilities [Member]                                  
Debt Instrument [Line Items]                                  
Weighted Average Interest Rate 1.38%         1.38%   1.38%   1.38%              
Unamortized Debt Issuance Expense $ 29,929,000         $ 29,929,000   $ 29,929,000   $ 29,929,000              
Principal Outstanding $ 29,929,000         $ 29,929,000   $ 29,929,000   $ 29,929,000              
RSO [Member] | CRE - Term Repurchase Facility [Member]                                  
Debt Instrument [Line Items]                                  
Weighted Average Interest Rate 2.24%         2.24%   2.24%   2.24%   2.43%          
Unamortized Debt Issuance Expense $ 173,724,000         $ 173,724,000   $ 173,724,000   $ 173,724,000   $ 205,682,000          
Principal Outstanding 174,928,000         174,928,000   174,928,000   174,928,000   $ 207,640,000          
RSO [Member] | RMBS - Term Repurchase Facility [Member]                                  
Debt Instrument [Line Items]                                  
Weighted Average Interest Rate                       1.16%          
Unamortized Debt Issuance Expense                       $ 22,212,000          
Principal Outstanding                       $ 22,248,000          
RSO [Member] | Moselle CLO S.A. Senior Notes [Member]                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Cumulative Amount Repaid 167,200,000         167,200,000   167,200,000   167,200,000              
Weighted Average Interest Rate                       1.49%          
Unamortized Debt Issuance Expense                       $ 63,321,000          
Principal Outstanding                       $ 63,321,000          
RSO [Member] | Moselle CLO S.A. Securitized Borrowings [Member]                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Cumulative Amount Repaid 5,000,000         5,000,000   5,000,000   5,000,000              
Weighted Average Interest Rate                       1.49%          
Unamortized Debt Issuance Expense 159,000         159,000   159,000   159,000   $ 5,619,000          
Principal Outstanding 159,000         159,000   159,000   159,000   $ 5,619,000          
RSO [Member] | Convertible Debt [Member]                                  
Debt Instrument [Line Items]                                  
Interest rate   8.00%                              
RSO [Member] | Convertible Debt [Member] | Eight Percent Convertible Senior Notes [Member]                                  
Debt Instrument [Line Items]                                  
Outstanding Borrowings   $ 100,000,000                              
Debt Instrument, Unamortized Discount     $ 1,000,000                            
Unamortized Debt Issuance Expense     $ 2,100,000                            
Convertible senior notes   97,000,000                              
Debt Conversion, Converted Instrument, Shares Issuable Upon Conversion     187.4414                            
Debt Instrument, Convertible, Conversion Price | $ / shares                       $ 5.34          
Debt Instrument, Convertible, Discount Adjustment, Fair Value Without Conversion Feature   $ 2,500,000                              
RSO [Member] | RCC CRE Notes 2015 [Member]                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Cumulative Amount Repaid $ 0         $ 0   $ 0   $ 0              
Closing transaction amount                           $ 346,200,000      
Weighted Average Interest Rate 2.08%         2.08%   2.08%   2.08%              
Ownership interests in variable interest entity       100.00%                          
Unamortized Debt Issuance Expense $ 278,228,000         $ 278,228,000   $ 278,228,000   $ 278,228,000              
Principal Outstanding 282,127,000         282,127,000   282,127,000   282,127,000              
RSO [Member] | RCC CRE Notes 2013 [Member]                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Cumulative Amount Repaid $ 112,700,000         $ 112,700,000   $ 112,700,000   $ 112,700,000              
Weighted Average Interest Rate 2.28%         2.28%   2.28%   2.28%   2.11%          
Unamortized Debt Issuance Expense $ 145,786,000         $ 145,786,000   $ 145,786,000   $ 145,786,000   $ 224,157,000          
Principal Outstanding $ 148,115,000         $ 148,115,000   $ 148,115,000   $ 148,115,000   $ 226,840,000          
RSO [Member] | Revolving Credit Facility [Member]                                  
Debt Instrument [Line Items]                                  
Weighted Average Interest Rate 3.05%         3.05%   3.05%   3.05%   2.66%          
Unamortized Debt Issuance Expense $ 147,509,000         $ 147,509,000   $ 147,509,000   $ 147,509,000   $ 111,137,000          
Principal Outstanding                       $ 113,500,000          
RCC Commercial [Member] | RCC CRE Notes 2015 [Member]                                  
Debt Instrument [Line Items]                                  
Payments by parent to acquire notes issued by VIE       $ 27,700,000                          
RCC Commercial [Member] | RCC CRE Notes 2015 [Member] | Senior Notes Class E [Member]                                  
Debt Instrument [Line Items]                                  
Payments by parent to acquire notes issued by VIE       20,800,000                          
RCC Commercial [Member] | RCC CRE Notes 2015 [Member] | Senior Notes Class F [Member]                                  
Debt Instrument [Line Items]                                  
Payments by parent to acquire notes issued by VIE       $ 15,600,000                          
Moselle [Member] | RSO [Member] | Class 2 Subordinated Notes [Member]                                  
Debt Instrument [Line Items]                                  
Percentage of Outstanding Notes Purchased         67.90%                        
Wells Fargo Bank, National Association [Member] | CRE - Term Repurchase Facility [Member] | Linked and Non-linked Transactions [Member]                                  
Debt Instrument [Line Items]                                  
Weighted Average Interest Rate                       2.38%          
Wells Fargo Bank, National Association [Member] | RSO [Member] | CMBS - Term Repurchase Facilities [Member] | Linked and Non-linked Transactions [Member]                                  
Debt Instrument [Line Items]                                  
Weighted Average Interest Rate 1.38%         1.38%   1.38%   1.38%   1.35%          
Wells Fargo Bank, National Association [Member] | RSO [Member] | CRE - Term Repurchase Facility [Member] | Linked and Non-linked Transactions [Member]                                  
Debt Instrument [Line Items]                                  
Weighted Average Interest Rate 2.24%         2.24%   2.24%   2.24%              
Wells Fargo Bank, National Association [Member] | RSO [Member] | RMBS - Term Repurchase Facility [Member] | Linked and Non-linked Transactions [Member]                                  
Debt Instrument [Line Items]                                  
Weighted Average Interest Rate                       1.16%          
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum                   1.45%              
Line of Credit Facility, Maximum Borrowing Capacity                             $ 110,000,000    
Wells Fargo Bank, National Association [Member] | RSO [Member] | Jumbo Loans - Term Repurchase Facility [Member] | Linked and Non-linked Transactions [Member]                                  
Debt Instrument [Line Items]                                  
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum                   3.00%              
Line of Credit Facility, Maximum Borrowing Capacity                             $ 165,000,000.0    
Wells Fargo Bank, National Association [Member] | RCC Real Estate [Member] | CRE - Term Repurchase Facility [Member]                                  
Debt Instrument [Line Items]                                  
Unamortized Debt Issuance Expense $ 1,200,000         $ 1,200,000   $ 1,200,000   $ 1,200,000   $ 1,700,000          
Repurchase Agreements [Member] | RSO [Member]                                  
Debt Instrument [Line Items]                                  
Principal Outstanding 377,404,000         377,404,000   377,404,000   377,404,000   399,662,000          
Repurchase Agreements [Member] | Wells Fargo Bank, National Association [Member] | RSO [Member]                                  
Debt Instrument [Line Items]                                  
Outstanding Borrowings $ 56,267,000         $ 56,267,000   $ 56,267,000   $ 56,267,000   $ 61,189,000          
Weighted Average Interest Rate 2.75%         2.75%   2.75%   2.75%   2.75%          
Repurchase Agreements [Member] | Wells Fargo Bank, National Association [Member] | RSO [Member] | Linked and Non-linked Transactions [Member]                                  
Debt Instrument [Line Items]                                  
Weighted Average Interest Rate 2.75%         2.75%   2.75%   2.75%   2.75%          
Repurchase Agreements [Member] | New Century Bank [Member] | RSO [Member]                                  
Debt Instrument [Line Items]                                  
Outstanding Borrowings $ 40,313,000         $ 40,313,000   $ 40,313,000   $ 40,313,000              
Repurchase Agreements [Member] | New Century Bank [Member] | RSO [Member] | Linked and Non-linked Transactions [Member]                                  
Debt Instrument [Line Items]                                  
Weighted Average Interest Rate 2.73%         2.73%   2.73%   2.73%   2.82%          
Revolving Credit Facility [Member] | RSO [Member] | Revolving Credit Facility [Member]                                  
Debt Instrument [Line Items]                                  
Principal Outstanding $ 151,000,000         $ 151,000,000   $ 151,000,000   $ 151,000,000              
Revolving Credit Facility [Member] | Northport LLC [Member]                                  
Debt Instrument [Line Items]                                  
Basis spread on variable rate 25.00%                                
Availability on the line of credit facility $ 74,000,000         74,000,000   74,000,000   74,000,000              
Revolving Credit Facility [Member] | Northport LLC [Member] | RSO [Member]                                  
Debt Instrument [Line Items]                                  
Line of Credit Facility, Maximum Borrowing Capacity                                 $ 110,000,000
Revolving Credit Facility [Member] | Northport LLC [Member] | RSO [Member] | Revolving Credit Facility [Member]                                  
Debt Instrument [Line Items]                                  
Principal Outstanding 151,000,000         151,000,000   151,000,000   151,000,000              
Line of Credit Facility, Maximum Borrowing Capacity 225,000,000         225,000,000   225,000,000   225,000,000              
Line of Credit Facility, Maximum Borrowing Capacity, Effective Commitment                         $ 140,000,000     $ 125,000,000  
Line of Credit Facility, Increase Borrowing Capacity $ 85,000,000         $ 85,000,000   $ 85,000,000   $ 85,000,000              
Revolving Credit Facility [Member] | Minimum [Member] | Northport LLC [Member]                                  
Debt Instrument [Line Items]                                  
Line of Credit Facility, Commitment Fee Percentage, Ramp Up Period                 0.375%                
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage, Ramp Up Period                 35.00%                
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage               35.00%                  
Revolving Credit Facility [Member] | Maximum [Member] | Northport LLC [Member]                                  
Debt Instrument [Line Items]                                  
Line of Credit Facility, Commitment Fee Percentage, Ramp Up Period                 0.50%                
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage, Ramp Up Period                 35.00%                
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage               35.00%                  
Origination fee with establishment of line of credit facility (in hundredths)               1.00%                  
Prime Rate [Member] | Revolving Credit Facility [Member] | Northport LLC [Member]                                  
Debt Instrument [Line Items]                                  
Basis spread on variable rate 3.25%