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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (5,517) $ 38,308
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,004  
Provision for credit losses 678 2,783
Unrealized (gains) losses on trading securities (42)  
Equity in earnings (losses) of unconsolidated entities (4,741) (1,678)
Distributions from unconsolidated entities 4,998  
(Gain) loss on sales of leases and loans 5  
Net impairment losses recognized in earnings 4,346  
Deferred income tax provision (benefit) 2,052  
Equity-based compensation issued 1,604  
(Gain) loss on trading securities (15)  
Trading securities purchases and sales, net 221  
Foreign currency adjustments (284)  
Changes in operating assets and liabilities 153  
Net cash provided by (used in) operating activities (12,491) 49,853
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (352)  
Investments in real estate and unconsolidated real estate entities (3,295)  
Principal payments on leases and loans (5)  
Purchase of loans and investments (2,687)  
Net cash provided by (used in) investing activities (2,527) (211,988)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on borrowings 0  
Dividends paid (2,622)  
Proceeds from issuance of common stock 1  
(Increase) decrease in restricted cash (161) (84)
Net cash provided by (used in) financing activities 11,236 154,140
Increase (decrease) in cash (3,782) (7,995)
Cash, beginning of year 27,542 19,853
Cash, end of period 23,760 11,858
RSO [Member]    
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Equity in earnings (losses) of unconsolidated entities (1,368) (3,776)
Net impairment losses recognized in earnings 59 0
Adjustments to reconcile net income (loss) and operating cash flows to net income (loss) of consolidated VIE-RSO (17,541) 74,724
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (228) (332)
Increase (decrease) in restricted cash of consolidated VIE-RSO 57,089 10,543
Other investing activity of consolidated VIE-RSO 3,985 9,140
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings of debt by consolidated VIE-RSO 84,283 48,965
Dividends paid (47,070) (50,885)
Other financing activity of consolidated VIE-RSO (21,702) (5,486)
Increase (decrease) in cash 65,105 (39,957)
Cash, beginning of year 79,905 262,270
Cash, end of period 145,010 222,313
RAI [Member]    
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,004 992
Provision for credit losses 678 2,783
Unrealized (gains) losses on trading securities (42) (120)
Equity in earnings (losses) of unconsolidated entities (4,741) (1,678)
Distributions from unconsolidated entities 4,998 3,805
(Gain) loss on sales of leases and loans (5) 0
Net impairment losses recognized in earnings 4,346 0
(Gain) loss on sales of assets 0 (370)
Deferred income tax provision (benefit) 2,052 3,250
Equity-based compensation issued 1,604 845
(Gain) loss on trading securities 15 (832)
Trading securities purchases and sales, net 221 (3,154)
Foreign currency adjustments 284 0
Changes in operating assets and liabilities 153 (12,605)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (352) (176)
Investments in real estate and unconsolidated real estate entities (3,295) (1,194)
Principal payments on leases and loans 5 (2)
Purchase of loans and investments (2,687) (1,318)
Proceeds from sale of loans and investments 0 721
CASH FLOWS FROM FINANCING ACTIVITIES:    
Increase (decrease) in borrowings 0 2,500
Principal payments on borrowings 0 (2,706)
Dividends paid (2,622) (1,964)
Proceeds from issuance of common stock 1 1,550
Repurchases of common stock (4,652) (2,083)
Cash, beginning of year 27,542  
Cash, end of period 23,760  
RSO [Member]    
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Adjustments to reconcile net income (loss) and operating cash flows to net income (loss) of consolidated VIE-RSO (17,541) 18,629
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of loans and investments (447,760) (597,139)
Principal payments and proceeds from sales of loans and securities by consolidated VIE-RSO 390,488 367,437
Increase (decrease) in restricted cash of consolidated VIE-RSO 57,089 10,543
Other investing activity of consolidated VIE-RSO 3,985 9,140
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings of debt by consolidated VIE-RSO 84,283 48,965
Dividends paid on common stock by consolidated VIE-RSO (47,070) (50,313)
Proceeds from issuance of common stock 3,159 163,319
Other financing activity of consolidated VIE-RSO $ (21,702) $ (5,044)