COMMITMENTS AND CONTINGENCIES	6 Months Ended
Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 17 - COMMITMENTS AND CONTINGENCIES Broker-dealer capital requirement. Resource Securities serves as a dealer-manager for the sale of securities of direct participation investment programs, both public and private, sponsored by subsidiaries of the Company who also serve as general partners and/or managers of these programs. Additionally, Resource Securities serves as an introducing agent for transactions involving sales of securities of financial services companies, REITs and insurance companies for the Company and for RSO. As a broker-dealer, Resource Securities is required to maintain minimum net capital, as defined in regulations under the Securities Exchange Act of 1934, as amended, which was $134,000 and $100,000 as of June 30, 2015 and December 31, 2014, respectively. As of June 30, 2015 and December 31, 2014, Resource Securities net capital was $881,000 and $1.4 million, respectively, which exceeded the minimum requirements by $700,000 and $1.3 million, respectively. Clawback liability. One of the Company's structured finance partnerships that invests in public and private regional banks has a potential clawback of up to 75% of the management fees paid to the Company ($1.1 million as of June 30, 2015) to the extent that the limited partners’ aggregate capital contributions exceed the total partner distributions from the fund. As of June 30, 2015, the fair value of the fund's assets were sufficient to cover the distribution requirement and, as such, no liability has been recorded for this contingency. Legal proceedings. The Company is also a party to various routine legal proceedings arising out of the ordinary course of business. Management believes that none of these actions, individually or, in the aggregate, will have a material adverse effect on the Company's consolidated financial condition or operations. Real estate commitments. As a specialized asset manager, the Company sponsors and manages investment funds in which it may make an equity investment along with outside investors. This equity investment is generally based on a percentage of funds raised and varies among investment programs. With respect to the Innovation Office REIT, in addition to the $200,000 initial capital investment, the Company is committed to invest up to 1% of the first $100.0 million of equity raised to a maximum of $1.0 million. The liability for this commitment will be recorded in the future as the amounts become due and payable. In connection with the Pearlmark joint venture, the Company is committed to fund up to $8.0 million, of which $3.0 million has been funded as of June 2015. The agreement limits the 2015 contributions to $6.0 million. This funding is reflected as the Company's investment in Pearlmark and will have a preference in distributions, plus a 10% internal rate of return, from the joint venture before any monies will be distributed to the other investors. Financial fund management commitments. In connection with the Company's investment in CVC Credit Partners, the joint venture, in its capacity as the fund manager for some its managed accounts/funds, is contractually committed to invest capital along with third-party investors. Accordingly, as of June 30, 2015, the Company’s pro-rata portion of the unfunded capital commitments totaled $5.4 million across four such funds/accounts. The Company expects these unfunded commitments to be called over the next two years. General corporate commitments. The Company is also party to employment agreements with certain executives that provide for compensation and other benefits, including severance payments under specified circumstances. As of June 30, 2015, except for the executive compensation, the Company did not believe it was probable that any payments would be required under any of its commitments and contingencies and, accordingly, no liabilities were recorded in the consolidated financial statements.

NOTE 17 - COMMITMENTS AND CONTINGENCIES

Broker-dealer capital requirement. Resource Securities serves as a dealer-manager for the sale of securities of direct participation investment programs, both public and private, sponsored by subsidiaries of the Company who also serve as general partners and/or managers of these programs. Additionally, Resource Securities serves as an introducing agent for transactions involving sales of securities of financial services companies, REITs and insurance companies for the Company and for RSO. As a broker-dealer, Resource Securities is required to maintain minimum net capital, as defined in regulations under the Securities Exchange Act of 1934, as amended, which was $134,000 and $100,000 as of June 30, 2015 and December 31, 2014, respectively. As of June 30, 2015 and December 31, 2014, Resource Securities net capital was $881,000 and $1.4 million, respectively, which exceeded the minimum requirements by $700,000 and $1.3 million, respectively.

Clawback liability. One of the Company's structured finance partnerships that invests in public and private regional banks has a potential clawback of up to 75% of the management fees paid to the Company ($1.1 million as of June 30, 2015) to the extent that the limited partners’ aggregate capital contributions exceed the total partner distributions from the fund. As of June 30, 2015, the fair value of the fund's assets were sufficient to cover the distribution requirement and, as such, no liability has been recorded for this contingency.

Legal proceedings. The Company is also a party to various routine legal proceedings arising out of the ordinary course of business. Management believes that none of these actions, individually or, in the aggregate, will have a material adverse effect on the Company's consolidated financial condition or operations.

Real estate commitments. As a specialized asset manager, the Company sponsors and manages investment funds in which it may make an equity investment along with outside investors. This equity investment is generally based on a percentage of funds raised and varies among investment programs. With respect to the Innovation Office REIT, in addition to the $200,000 initial capital investment, the Company is committed to invest up to 1% of the first $100.0 million of equity raised to a maximum of $1.0 million. The liability for this commitment will be recorded in the future as the amounts become due and payable.

In connection with the Pearlmark joint venture, the Company is committed to fund up to $8.0 million, of which $3.0 million has been funded as of June 2015. The agreement limits the 2015 contributions to $6.0 million. This funding is reflected as the Company's investment in Pearlmark and will have a preference in distributions, plus a 10% internal rate of return, from the joint venture before any monies will be distributed to the other investors.

Financial fund management commitments. In connection with the Company's investment in CVC Credit Partners, the joint venture, in its capacity as the fund manager for some its managed accounts/funds, is contractually committed to invest capital along with third-party investors. Accordingly, as of June 30, 2015, the Company’s pro-rata portion of the unfunded capital commitments totaled $5.4 million across four such funds/accounts. The Company expects these unfunded commitments to be called over the next two years.

General corporate commitments. The Company is also party to employment agreements with certain executives that provide for compensation and other benefits, including severance payments under specified circumstances.

As of June 30, 2015, except for the executive compensation, the Company did not believe it was probable that any payments would be required under any of its commitments and contingencies and, accordingly, no liabilities were recorded in the consolidated financial statements.