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OPERATING SEGMENTS
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
OPERATING SEGMENTS
NOTE 18 - OPERATING SEGMENTS
The Company manages its operations and makes business decisions based on three reportable operating segments, Real Estate, Financial Fund Management and Commercial Finance, and one segment, RSO, which is a consolidated VIE.  Certain other activities are reported in the “All Other” category and "Eliminations" in the tables in order for the information presented about the Company's operating segments to agree to the consolidated balance sheets and statements of operations. Summarized operating segment data are as follows (in thousands):
Three Months Ended 
 September 30, 2015
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All
Other (1)
 
Total
RAI
 
RSO
 
Eliminations
 
Total
Consolidation
Revenues from external customers
 
$
16,788

 
$
2,380

 
$
71

 
$
—

 
$
19,239

 
$
23,705

 
$
(3,094
)
 
$
39,850

Equity in earnings (losses) of unconsolidated entities
 
(593
)
 
2,028

 
(5
)
 
—

 
1,430

 
—

 
(603
)
 
827

Total revenues
 
16,195

 
4,408

 
66

 
—

 
20,669

 
23,705

 
(3,697
)
 
40,677

Segment operating expenses
 
(11,223
)
 
(3,369
)
 
(434
)
 
—

 
(15,026
)
 
(15,994
)
 
3,077

 
(27,943
)
General and administrative expenses
 
(1,260
)
 
(154
)
 
—

 
(2,639
)
 
(4,053
)
 
—

 
—

 
(4,053
)
Provision for credit losses
 
(3
)
 
—

 
403

 
—

 
400

 
—

 
—

 
400

Depreciation and amortization
 
(318
)
 
(15
)
 
—

 
(171
)
 
(504
)
 
—

 
—

 
(504
)
Impairment on available for sale securities
 
—

 
(151
)
 
—

 
—

 
(151
)
 
—

 
—

 
(151
)
Interest expense
 
(177
)
 
—

 
—

 
(273
)
 
(450
)
 
—

 
—

 
(450
)
Other income (expense), net
 
250

 
433

 
(265
)
 
(32
)
 
386

 
5,215

 
(438
)
 
5,163

Pretax loss (income) attributable to noncontrolling interests (2)
 
(37
)
 
—

 
—

 
—

 
(37
)
 
(7,944
)
 
(6,699
)
 
(14,680
)
Income (loss) from continuing operations, net of noncontrolling interests before taxes
 
$
3,427

 
$
1,152

 
$
(230
)
 
$
(3,115
)
 
$
1,234

 
$
4,982

 
$
(7,757
)
 
$
(1,541
)
Nine Months Ended 
 September 30, 2015
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All
Other (1)
 
Total
RAI
 
RSO
 
Eliminations
 
Total
Consolidation
Revenues from external customers
 
$
52,787

 
$
8,471

 
$
104

 
$
—

 
$
61,362

 
$
72,267

 
$
(9,916
)
 
$
123,713

Equity in earnings (losses) of unconsolidated entities
 
1,490

 
5,855

 
(38
)
 
—

 
7,307

 
—

 
(2,158
)
 
5,149

Total revenues
 
54,277

 
14,326

 
66

 
—

 
68,669

 
72,267

 
(12,074
)
 
128,862

Segment operating expenses
 
(34,804
)
 
(9,513
)
 
(1,471
)
 
—

 
(45,788
)
 
(91,589
)
 
9,813

 
(127,564
)
General and administrative expenses
 
(3,515
)
 
(889
)
 
—

 
(7,127
)
 
(11,531
)
 
—

 
—

 
(11,531
)
Provision for credit losses
 
(311
)
 
—

 
33

 
—

 
(278
)
 
—

 
—

 
(278
)
Depreciation and amortization
 
(973
)
 
(47
)
 
—

 
(456
)
 
(1,476
)
 
—

 
—

 
(1,476
)
Impairment on available for sale securities
 
—

 
(4,497
)
 
—

 
—

 
(4,497
)
 
—

 
—

 
(4,497
)
Interest expense
 
(539
)
 
—

 
(1
)
 
(786
)
 
(1,326
)
 
—

 
—

 
(1,326
)
Other income (expense), net
 
721

 
1,349

 
(262
)
 
(419
)
 
1,389

 
32,268

 
(1,359
)
 
32,298

Pretax income attributable to noncontrolling interests (2)
 
(92
)
 
—

 
—

 
—

 
(92
)
 
(24,808
)
 
14,420

 
(10,480
)
Income (loss) from continuing operations, net of noncontrolling interests before taxes
 
$
14,764

 
$
729

 
$
(1,635
)
 
$
(8,788
)
 
$
5,070

 
$
(11,862
)
 
$
10,800

 
$
4,008

Three Months Ended 
 September 30, 2014
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All
Other (1)
 
Total
RAI
 
RSO
 
Eliminations
 
Total
Consolidation
Revenues from external customers
 
$
14,377

 
$
4,320

 
$
21

 
$
—

 
$
18,718

 
$
25,811

 
$
(3,645
)
 
$
40,884

Equity in (losses) earnings of unconsolidated entities
 
(88
)
 
1,237

 
(38
)
 
—

 
1,111

 
—

 
(491
)
 
620

Total revenues
 
14,289

 
5,557

 
(17
)
 
—

 
19,829

 
25,811

 
(4,136
)
 
41,504

Segment operating expenses
 
(9,384
)
 
(2,812
)
 
(125
)
 
—

 
(12,321
)
 
(15,447
)
 
3,502

 
(24,266
)
General and administrative expenses
 
(804
)
 
(416
)
 
—

 
(1,206
)
 
(2,426
)
 
—

 
—

 
(2,426
)
Reversal of (provision for) credit losses
 
(8
)
 
—

 
(551
)
 
—

 
(559
)
 
—

 
—

 
(559
)
Depreciation and amortization
 
(309
)
 
(16
)
 
—

 
(128
)
 
(453
)
 
—

 
—

 
(453
)
Gain on sale of investment securities, net
 
—

 
69

 
—

 
—

 
69

 
—

 
—

 
69

Interest expense
 
(190
)
 
—

 
(2
)
 
(275
)
 
(467
)
 
—

 
—

 
(467
)
Other income, net
 
280

 
533

 
19

 
(180
)
 
652

 
3,730

 
(561
)
 
3,821

Pretax loss (income) attributable to noncontrolling interests (2)
 
(9
)
 
—

 
—

 
—

 
(9
)
 
(14,214
)
 
—

 
(14,223
)
Income (loss) from continuing operations, net of noncontrolling interests before taxes
 
$
3,865

 
$
2,915

 
$
(676
)
 
$
(1,789
)
 
$
4,315

 
$
(120
)
 
$
(1,195
)
 
$
3,000

Nine Months Ended 
 September 30, 2014
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All
Other (1)
 
Total
RAI
 
RSO
 
Eliminations
 
Total
Consolidation
Revenues from external customers
 
$
41,681

 
$
17,136

 
$
21

 
$
—

 
$
58,838

 
$
74,884

 
$
(9,565
)
 
$
124,157

Equity in (losses) earnings of unconsolidated entities
 
(669
)
 
3,637

 
(179
)
 
—

 
2,789

 
—

 
(491
)
 
2,298

Total revenues
 
41,012

 
20,773

 
(158
)
 
—

 
61,627

 
74,884

 
(10,056
)
 
126,455

Segment operating expenses
 
(27,364
)
 
(9,980
)
 
(351
)
 
—

 
(37,695
)
 
(43,585
)
 
9,374

 
(71,906
)
General and administrative expenses
 
(2,631
)
 
(1,314
)
 
—

 
(4,364
)
 
(8,309
)
 
—

 
—

 
(8,309
)
Reversal of (provision for) credit losses
 
2

 
—

 
(3,344
)
 
—

 
(3,342
)
 
—

 
—

 
(3,342
)
Depreciation and amortization
 
(927
)
 
(47
)
 
—

 
(395
)
 
(1,369
)
 
—

 
—

 
(1,369
)
Gain on sale of investment securities, net
 
—

 
439

 
—

 
—

 
439

 
—

 
—

 
439

Interest expense
 
(577
)
 
—

 
(11
)
 
(859
)
 
(1,447
)
 
—

 
—

 
(1,447
)
Other income, net
 
647

 
1,659

 
17

 
(344
)
 
1,979

 
17,527

 
(1,687
)
 
17,819

Pretax income attributable to noncontrolling interests (2)
 
(53
)
 
—

 
—

 
—

 
(53
)
 
(48,759
)
 
—

 
(48,812
)
Income (loss) from continuing operations including noncontrolling interests before taxes
 
$
10,109

 
$
11,530

 
$
(3,847
)
 
$
(5,962
)
 
$
11,830

 
$
67

 
$
(2,369
)
 
$
9,528

Segment assets
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All
Other (1)
 
Total
RAI
 
RSO
 
Total
Consolidation
September 30, 2015
 
$
201,835

 
$
38,816

 
$
4,469

 
$
(87,168
)
 
$
157,952

 
$
2,786,042

 
$
2,943,994

September 30, 2014
 
$
187,668

 
$
58,689

 
$
4,301

 
$
(76,569
)
 
$
174,089

 
$
2,589,013

 
$
2,763,102

 
(1)
Includes general corporate expenses and assets not allocable to any particular segment.
(2)
In viewing its segment operations, the Company includes the pretax income attributable to noncontrolling interests.  However, these interests are excluded from income (loss) from operations as computed in accordance with U.S. GAAP and should be deducted to compute income from operations as reflected in the Company’s consolidated statements of operations.