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VARIABLE INTEREST ENTITIES RSO Cash Flow Detail (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) $ 1,652 $ (2,718) $ 1,315 $ (3,708)
Items included in Change in cash attributable to consolidated VIE-RSO:        
Net impairment losses recognized in earnings 4,346   4,346  
Equity in net (earnings) losses of unconsolidated subsidiaries (2,897) (1,047) (4,741) (1,678)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Subtotal - Purchase of loans and securities by consolidated VIE-RSO, before eliminations     (2,687)  
Acquisition of property and equipment     (352)  
Payments on borrowings:        
Dividends paid     (2,622)  
Net proceeds from issuances of common stock, net of offering costs     1  
Increase (decrease) in cash     (3,782) (7,995)
Cash, beginning of year     27,542 19,853
Cash, end of period 23,760 11,858 23,760 11,858
Supplemental disclosures:        
Interest expense paid in cash     948 828
Income taxes paid in cash     1,088 916
RSO [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) 22,715 (17,702) 4,745 (35,162)
Items included in Change in cash attributable to consolidated VIE-RSO:        
Provision (recovery of) for loan losses 38,810 782 42,800 (3,178)
Depreciation of investments in real estate and other     5,572 1,922
Amortization of stock-based compensation     1,786 3,699
Amortization of (accretion) of terminated derivative instruments     134 142
Accretion (amortization) of interest-only available-for-sales securities     1,868 (339)
Deferred income tax (benefit) expense     (194) (689)
Sale (purchase) of residential mortgage loans held for sale, net     15,229 (12,162)
Capitalization of residential mortgage servicing rights     (7,848) 0
Sale (purchase) of securities, trading, net     (9,541) 429
Net realized and unrealized loss (gain) on investment securities, trading     (2,353) 2,210
Net realized (gain) loss on sales of investment securities available-for-sale and loans     (24,168) (2,148)
Loss (gain) on reissuance (extinguishment) of debt     1,071 602
Loss (gain) on sales of real estate     0 (3,042)
Settlement of derivative instruments     12,405 442
Net impairment losses recognized in earnings     59 0
Linked transactions fair value adjustments     (235) (5,923)
Equity in net (earnings) losses of unconsolidated subsidiaries (662) (1,762) (1,368) (3,776)
Changes in operating assets and liabilities, net of acquisitions     12,376 979
Net cash provided by (used in) operating activities     47,593 (20,832)
Change in consolidated VIE-RSO cash for the period     (65,105) 95,584
Adjustments to reconcile net income (loss) and operating cash flows to net income (loss) of consolidated VIE-RSO     (17,541) 74,724
Net cash provided by (used in ) operating activities of consolidated VIE-RSO (excluding eliminations)     42,848 14,330
CASH FLOWS FROM INVESTING ACTIVITIES:        
Purchase of loans     (436,440) (489,800)
Purchase of securities available-for-sale     (11,320) (107,339)
Principal payments received on loans     209,744 196,973
Proceeds from sale of loans     93,146 44,024
Principal payments on securities available-for-sale     49,819 25,774
Proceeds from sale of securities available-for-sale     37,221 99,151
Principal payments received on loans - related parties     558 1,759
Investment in loans - related parties     0 (244)
(Increase) decrease in restricted cash     57,089 10,543
Return of capital from (investment in) unconsolidated entity     5,000 8,911
Acquisition of controlling interest in Moselle CLO S.A.     0 (30,433)
Proceeds from sale of real estate held-for-sale     44 31,202
Improvements of investments in real estate     0 252
Purchase of furniture and fixtures     (10) (69)
Acquisition of property and equipment     (228) (332)
Other investing activity of consolidated VIE-RSO     3,985 9,140
Net cash used in investing activities of consolidated VIE-RSO (excluding eliminations)     4,623 (209,628)
Proceeds from borrowings:        
Repurchase agreements, net of repayments     0 142,019
Senior secured revolving credit facility     99,500 0
Securitizations     282,127 43,000
Convertible senior notes     99,000 16,502
Convertible senior notes     12,229 0
Payments on borrowings:        
Securitization     (290,190) (152,556)
Senior secured revolving credit facility     (62,000) 0
Repurchase agreements, net of borrowings     (56,383) 0
Subtotal - net borrowings of debt by consolidated VIE-RSO     84,283 48,965
Dividends paid     (47,070) (50,885)
Net proceeds from issuances of common stock and dividend reinvestment and stock purchase plan, net of offering costs     129 14,554
Subtotal - net proceeds from issuance of stock by consolidated VIE-RSO     3,159 163,319
Payment of debt issuance costs     (7,986) (8)
Distributions paid to non-controlling interests     (3,814) 0
Proceeds received from non-controlling interests     2,676 0
Payment of equity to third party sub-note holders     (519) (799)
Distributions paid on preferred stock     (12,159) (4,679)
Other financing activity of consolidated VIE - RSO     (21,702) (5,486)
Net cash provided by financing activities of consolidated VIE-RSO, excluding eliminations     17,634 155,341
Increase (decrease) in cash     65,105 (39,957)
Cash, beginning of year     79,905 262,270
Cash, end of period 145,010 222,313 145,010 222,313
Supplemental disclosures:        
Interest expense paid in cash     21,402 17,438
Income taxes paid in cash     9,182 3,249
RSO [Member] | Redeemable Preferred Stock Series A [Member]        
Payments on borrowings:        
Proceeds from issuance of preferred shares, net of offering costs     3,035 148,765
RSO [Member] | Redeemable Preferred Stock Series B [Member]        
Payments on borrowings:        
Repurchase of common stock     (5) 0
Reportable Legal Entities [Member] | RSO [Member]        
Items included in Change in cash attributable to consolidated VIE-RSO:        
Adjustments to reconcile net income (loss) and operating cash flows to net income (loss) of consolidated VIE-RSO     (17,512) 74,752
CASH FLOWS FROM INVESTING ACTIVITIES:        
Subtotal - Purchase of loans and securities by consolidated VIE-RSO, before eliminations     (447,760) (597,139)
Subtotal - principal payments and proceeds from sales received by consolidated VIE-RSO, before eliminations     390,488 367,437
Other investing activity of consolidated VIE-RSO     4,806 9,531
Payments on borrowings:        
Dividends paid     (48,006) (51,457)
Other financing activity of consolidated VIE - RSO     (21,802) (5,486)
Consolidation, Eliminations [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) (29,158) 14,928 (18,559) 30,350
Items included in Change in cash attributable to consolidated VIE-RSO:        
Net impairment losses recognized in earnings 0   0  
Equity in net (earnings) losses of unconsolidated subsidiaries 734 $ 0 1,555 0
Changes in operating assets and liabilities, net of acquisitions     (29)  
CASH FLOWS FROM INVESTING ACTIVITIES:        
Subtotal - Purchase of loans and securities by consolidated VIE-RSO, before eliminations     0  
Subtotal - principal payments and proceeds from sales received by consolidated VIE-RSO, before eliminations     0  
(Increase) decrease in restricted cash     0  
Acquisition of property and equipment     0  
Other investing activity of consolidated VIE-RSO     (821)  
Payments on borrowings:        
Subtotal - net borrowings of debt by consolidated VIE-RSO     0  
Dividends paid     0  
Net proceeds from issuances of common stock, net of offering costs     0  
Other financing activity of consolidated VIE - RSO     100  
Increase (decrease) in cash     0  
Cash, beginning of year     0  
Cash, end of period $ 0   0  
Consolidation, Eliminations [Member] | RSO [Member]        
Items included in Change in cash attributable to consolidated VIE-RSO:        
Adjustments to reconcile net income (loss) and operating cash flows to net income (loss) of consolidated VIE-RSO     (29) (28)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Other investing activity of consolidated VIE-RSO     (821) (391)
Payments on borrowings:        
Dividends paid     936 572
Other financing activity of consolidated VIE - RSO     $ 100 $ 0