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CONSOLIDATING FINANCIAL INFORMATION (Consolidating Statements of Cash Flows) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) $ 13,580 $ 15,719 $ 8,063 $ 54,016
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Depreciation and amortization     1,536  
Provision for credit losses (400) 559 278 3,342
Unrealized (gain) loss on trading securities     (87)  
Equity in (earnings) losses of unconsolidated entities (827) (620) (5,149) (2,298)
Distributions from unconsolidated entities     8,093  
Impairment on available for sale securities (151)   (4,497)  
(Gain) loss on sales of investment securities, net     (1,140)  
(Gain) loss on sales of leases and loans     (19)  
Deferred income tax provision (benefit)     3,624  
Equity-based compensation issued     2,593  
(Gain) loss on trading securities     15  
Trading securities purchases and sales, net     (824)  
Changes in operating assets and liabilities     1,721  
Net cash provided by (used in) operating activities     22,447  
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures     (515)  
Principal payments on leases and loans     21  
Investments in real estate and unconsolidated real estate entities     (5,147)  
Purchase of loans and investments     (4,457)  
Proceeds from sale of loans and investments     6,070  
Net cash provided by (used in) investing activities     (28,172)  
CASH FLOWS FROM FINANCING ACTIVITIES:        
Principal payments on borrowings     0  
Dividends paid     (3,909)  
Proceeds from issuance of common stock     1  
Repurchases of common stock     (15,032)  
(Increase) decrease in restricted cash     (168)  
Net cash (used in) provided by financing activities     (3,715)  
Decrease in cash     (9,440) 6,575
Cash, beginning of year     27,542 19,853
Cash, end of period 18,102 26,428 18,102 26,428
Consolidation, Eliminations [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) (1,058) (1,195) (3,620) (2,369)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Depreciation and amortization     0  
Provision for credit losses 0 0 0 0
Equity in (earnings) losses of unconsolidated entities 603 491 2,158 491
Distributions from unconsolidated entities     0  
Impairment on available for sale securities 0   0  
(Gain) loss on sales of leases and loans     0  
Deferred income tax provision (benefit)     0  
Equity-based compensation issued     0  
Trading securities purchases and sales, net     0  
Changes in operating assets and liabilities     0  
Adjustments to reconcile net income and operating cash flows to net income of consolidated VIE-RSO     (97)  
Net cash provided by (used in) operating activities     (1,559)  
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures     0  
Investments in real estate and unconsolidated real estate entities     0  
Purchase of loans and investments     0  
Proceeds from sale of loans and investments     0  
Principal payments and proceeds from sales of loans and securities by consolidated VIE-RSO     0  
Increase (decrease) in restricted cash of consolidated VIE-RSO     0  
Other investing activity of consolidated VIE-RSO     (990)  
Net cash provided by (used in) investing activities     (990)  
CASH FLOWS FROM FINANCING ACTIVITIES:        
Principal payments on borrowings     990  
Net borrowings of debt by consolidated VIE-RSO     0  
Dividends paid     0  
Dividends paid on common stock by consolidated VIE-RSO     1,374  
Other financing activity of consolidated VIE - RSO     185  
Net cash (used in) provided by financing activities     2,549  
Decrease in cash     0  
Cash, beginning of year     0  
Cash, end of period 0   0  
RAI [Member]        
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Depreciation and amortization     1,536 1,469
Provision for credit losses (400) 559 278 3,342
Unrealized (gain) loss on trading securities (45) 231 (87) 111
Equity in (earnings) losses of unconsolidated entities     (5,149) (2,298)
Distributions from unconsolidated entities     8,093 5,134
Impairment on available for sale securities (151) 0 (4,497) 0
(Gain) loss on sales of investment securities, net     (1,140) 0
(Gain) loss on sales of leases and loans     19 22
Deferred income tax provision (benefit)     3,624 4,838
Equity-based compensation issued     2,593 1,322
(Gain) loss on trading securities (45) (855) (72) (1,845)
Trading securities purchases and sales, net     (824) 973
Changes in operating assets and liabilities     1,721 (13,055)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures     (515) (291)
Principal payments on leases and loans     (21) (22)
Investments in real estate and unconsolidated real estate entities     (5,147) (1,561)
Purchase of loans and investments     (4,457) (7,320)
Proceeds from sale of loans and investments     6,070 721
CASH FLOWS FROM FINANCING ACTIVITIES:        
Principal payments on borrowings     0 (2,813)
Dividends paid on common stock by consolidated VIE-RSO     (3,909) (2,952)
Proceeds from issuance of common stock     1 17,570
Repurchases of common stock     (15,032) (8,358)
(Increase) decrease in restricted cash     (168) (133)
Other financing activity of consolidated VIE - RSO     0 0
Cash, beginning of year     27,542  
Cash, end of period 18,102   18,102  
RAI [Member] | Reportable Legal Entities [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) (84) 2,583 1,706 6,892
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Depreciation and amortization     1,536  
Provision for credit losses (400) 559 278 3,342
Unrealized (gain) loss on trading securities     (87)  
Equity in (earnings) losses of unconsolidated entities (1,430) (1,111) (7,307) (2,789)
Distributions from unconsolidated entities     8,093  
Impairment on available for sale securities (151)   (4,497)  
(Gain) loss on sales of investment securities, net     (1,140)  
(Gain) loss on sales of leases and loans     (19)  
Deferred income tax provision (benefit)     3,624  
Equity-based compensation issued     2,593  
(Gain) loss on trading securities     15  
Trading securities purchases and sales, net     (824)  
Changes in operating assets and liabilities     1,721  
Adjustments to reconcile net income and operating cash flows to net income of consolidated VIE-RSO     0  
Net cash provided by (used in) operating activities     14,686  
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures     (515)  
Principal payments on leases and loans     21  
Investments in real estate and unconsolidated real estate entities     (5,147)  
Purchase of loans and investments     (4,457)  
Proceeds from sale of loans and investments     6,070  
Principal payments and proceeds from sales of loans and securities by consolidated VIE-RSO     0  
Increase (decrease) in restricted cash of consolidated VIE-RSO     0  
Other investing activity of consolidated VIE-RSO     0  
Net cash provided by (used in) investing activities     (4,028)  
CASH FLOWS FROM FINANCING ACTIVITIES:        
Principal payments on borrowings     (990)  
Net borrowings of debt by consolidated VIE-RSO     0  
Dividends paid     (3,909)  
Dividends paid on common stock by consolidated VIE-RSO     0  
Proceeds from issuance of common stock     1  
Repurchases of common stock     (15,032)  
(Increase) decrease in restricted cash     (168)  
Net cash (used in) provided by financing activities     (20,098)  
Decrease in cash     (9,440)  
Cash, beginning of year     27,542  
Cash, end of period 18,102   18,102  
RAI [Member] | Consolidation, Eliminations [Member]        
CASH FLOWS FROM FINANCING ACTIVITIES:        
Cash, end of period 0   0  
Variable Interest Entity, Primary Beneficiary [Member]        
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Adjustments to reconcile net income and operating cash flows to net income of consolidated VIE-RSO     (754)  
Variable Interest Entity, Primary Beneficiary [Member] | Reportable Legal Entities [Member]        
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Adjustments to reconcile net income and operating cash flows to net income of consolidated VIE-RSO     (657)  
RSO [Member]        
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Equity in (earnings) losses of unconsolidated entities (334) (887) (1,702) (4,663)
Impairment on available for sale securities     (59) 0
Adjustments to reconcile net income and operating cash flows to net income of consolidated VIE-RSO     (3,225) 6,067
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures     0 (362)
Purchase of loans and investments     (658,207) (812,912)
Principal payments and proceeds from sales of loans and securities by consolidated VIE-RSO     524,476 552,064
Increase (decrease) in restricted cash of consolidated VIE-RSO     96,887 18,328
Other investing activity of consolidated VIE-RSO     12,700 (10,175)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Net borrowings of debt by consolidated VIE-RSO     124,922 60,670
Dividends paid     (68,059) (75,920)
Dividends paid on common stock by consolidated VIE-RSO     (68,059) (75,920)
Proceeds from issuance of common stock     3,196 177,568
Repurchases of common stock     (15,433) 0
Other financing activity of consolidated VIE - RSO     (29,233) 2,761
Decrease in cash     24,830 (99,001)
Cash, beginning of year     79,905 262,270
Cash, end of period 104,735 163,269 104,735 163,269
RSO [Member] | Reportable Legal Entities [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) 14,722 14,331 9,977 49,493
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Depreciation and amortization     0  
Provision for credit losses 0 0 0 0
Unrealized (gain) loss on trading securities     0  
Equity in (earnings) losses of unconsolidated entities 0 $ 0 0 0
Distributions from unconsolidated entities     0  
Impairment on available for sale securities 0   0  
(Gain) loss on sales of leases and loans     0  
Deferred income tax provision (benefit)     0  
Equity-based compensation issued     0  
Trading securities purchases and sales, net     0  
Changes in operating assets and liabilities     0  
Net cash provided by (used in) operating activities     9,320  
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures     0  
Investments in real estate and unconsolidated real estate entities     0  
Purchase of loans and investments     (658,207)  
Principal payments and proceeds from sales of loans and securities by consolidated VIE-RSO     524,476 552,064
Increase (decrease) in restricted cash of consolidated VIE-RSO     96,887  
Other investing activity of consolidated VIE-RSO     13,690 (9,784)
Net cash provided by (used in) investing activities     (23,154)  
CASH FLOWS FROM FINANCING ACTIVITIES:        
Principal payments on borrowings     0  
Net borrowings of debt by consolidated VIE-RSO     124,922  
Dividends paid     0  
Dividends paid on common stock by consolidated VIE-RSO     (69,433) (77,636)
Proceeds from issuance of common stock     3,196  
Repurchases of common stock     (15,433)  
Other financing activity of consolidated VIE - RSO     (29,418) 2,586
Net cash (used in) provided by financing activities     13,834  
Decrease in cash     0  
Cash, beginning of year     0  
Cash, end of period $ 0   0  
RSO [Member] | Consolidation, Eliminations [Member]        
CASH FLOWS FROM INVESTING ACTIVITIES:        
Other investing activity of consolidated VIE-RSO     (990) (391)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Dividends paid     1,374 1,716
Other financing activity of consolidated VIE - RSO     $ 185 $ 175