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VARIABLE INTEREST ENTITIES RSO Cash Flow Detail (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) $ (1,100) $ 1,516 $ (2,417) $ 5,224
Items included in Change in cash attributable to consolidated VIE-RSO:        
Net impairment losses recognized in earnings 151   4,497  
Equity in net (earnings) losses of unconsolidated subsidiaries (827) (620) (5,149) (2,298)
Net cash provided by (used in ) operating activities of consolidated VIE-RSO (excluding eliminations)     22,447 96,761
CASH FLOWS FROM INVESTING ACTIVITIES:        
Subtotal - Purchase of loans and securities by consolidated VIE-RSO, before eliminations     (4,457)  
Acquisition of property and equipment     (515)  
Net cash provided by (used in) investing activities     (28,172) (261,099)
Payments on borrowings:        
Dividends paid     (3,909)  
Net cash provided by (used in) financing activities     (3,715) 170,913
Increase (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
Supplemental disclosures:        
Interest expense paid in cash     1,356 1,249
Income taxes paid in cash     1,270 952
RSO [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) 14,722 14,331 9,977 49,493
Items included in Change in cash attributable to consolidated VIE-RSO:        
Provision for (recovery of) loan losses 1,034 1,439 43,834 (1,739)
Depreciation, amortization, and accretion     10,122 2,463
Amortization of stock-based compensation     1,561 4,497
Amortization of (accretion) of terminated derivative instruments     1,219 212
Amortization (accretion)of interest-only available-for-sales securities     2,768 (573)
Sale (origination) of residential mortgage loans held for sale, net     (647) (42,178)
Sale (purchase) of and principal payments of securities, trading, net     (3,120) (3,571)
Net realized and unrealized loss (gain) on investment securities, trading     (1,773) 1,834
Net realized and unrealized (gain) loss on sales of investment securities available-for-sale and loans     (29,980) (15,487)
Loss (gain) on the reissuance (extinguishment) of debt 332 1,867 1,403 2,469
Loss (gain) on sales of real estate     19 (2,973)
Settlement of derivative instruments     3,870 (23)
Net impairment losses recognized in earnings     59 0
Unrealized gain (loss) of unconsolidated subsidiaries     (235) (5,713)
Equity in net (earnings) losses of unconsolidated subsidiaries (334) (887) (1,702) (4,663)
Changes in operating assets and liabilities, net of acquisitions     (3,225) 6,067
Change in consolidated VIE-RSO cash for the period     (24,830) 99,001
Adjustments to reconcile net income (loss) and operating cash flows to net income (loss) of consolidated VIE-RSO     (754) 42,337
Net cash provided by (used in ) operating activities of consolidated VIE-RSO (excluding eliminations)     24,173 (59,378)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Purchase and originations of loans     (629,832) (667,774)
Purchase of securities available-for-sale     (28,375) (145,138)
Subtotal - Purchase of loans and securities by consolidated VIE-RSO, before eliminations     (658,207) (812,912)
Principal payments received on loans     294,901 315,778
Proceeds from sale of loans     108,446 76,314
Principal payments on securities available-for-sale     59,819 40,748
Proceeds from sale of securities available-for-sale     60,752 117,367
Principal payments received on loans - related parties     558 2,706
Investment in loans - related parties     0 (849)
Subtotal - principal payments and proceeds from sales received by consolidated VIE-RSO, before eliminations     524,476 552,064
(Increase) decrease in restricted cash     96,887 18,328
Return of capital from (investment in) unconsolidated entity     5,625 8,911
Acquisition of controlling interest in Moselle CLO S.A.     0 (30,433)
Settlement of derivative instruments     8,028 (19,245)
Proceeds from sale of real estate held-for-sale     47 31,639
Improvements of investments in real estate     0 (225)
Purchase of furniture and fixtures     (10) (69)
Acquisition of property and equipment     0 (362)
Other investing activity of consolidated VIE-RSO     12,700 (10,175)
Net cash provided by (used in) investing activities     (23,154) (252,304)
Proceeds from borrowings:        
Repurchase agreements, net of repayments     4,621 92,234
Senior secured revolving credit facility     110,500 35,500
Securitizations     505,862 235,344
Convertible senior notes     99,000 0
Convertible senior notes     16,597 39,635
Payments on borrowings:        
Securitization     (374,778) (301,040)
Senior secured revolving credit facility     (62,000) 0
Payment of debt issuance costs     (13,235) (7,284)
Repurchase agreements, net of borrowings     (161,645) (33,719)
Subtotal - net borrowings of debt by consolidated VIE-RSO     124,922 60,670
Dividends paid     (68,059) (75,920)
Dividends paid     (68,059) (75,920)
Net proceeds from issuances of common stock and dividend reinvestment and stock purchase plan, net of offering costs     163 25,416
Subtotal - net proceeds from issuance of stock by consolidated VIE-RSO     (12,237) 177,568
Distributions to subordinated note holders     (14,050) (1,384)
Proceeds received from non-controlling interests     3,424 12,676
Distributions to subordinated note holders     (518) (799)
Distributions paid on preferred stock     (18,274) (7,907)
Other financing activity of consolidated VIE - RSO     (29,233) 2,761
Net cash provided by (used in) financing activities     13,834 163,188
Increase (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
Supplemental disclosures:        
Interest expense paid in cash     33,971 26,782
Income taxes paid in cash     9,518 3,293
RSO [Member] | Redeemable Preferred Stock Series A [Member]        
Payments on borrowings:        
Proceeds from issuance of preferred shares, net of offering costs     3,033 152,152
RSO [Member] | Redeemable Preferred Stock Series B [Member]        
Payments on borrowings:        
Repurchase of common stock     (15,433) 0
Reportable Legal Entities [Member] | RSO [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) 6,778 7,328 (14,831) 37,121
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 0 0 0 0
Adjustments to reconcile net income (loss) and operating cash flows to net income (loss) of consolidated VIE-RSO     (657) 39,623
Net cash provided by (used in ) operating activities of consolidated VIE-RSO (excluding eliminations)     34,150 (9,885)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Subtotal - Purchase of loans and securities by consolidated VIE-RSO, before eliminations     (658,207)  
Subtotal - principal payments and proceeds from sales received by consolidated VIE-RSO, before eliminations     524,476 552,064
(Increase) decrease in restricted cash     96,887  
Acquisition of property and equipment     0  
Other investing activity of consolidated VIE-RSO     13,690 (9,784)
Payments on borrowings:        
Subtotal - net borrowings of debt by consolidated VIE-RSO     124,922  
Dividends paid     (69,433) (77,636)
Dividends paid     0  
Other financing activity of consolidated VIE - RSO     (29,418) 2,586
Increase (decrease) in cash     0  
Cash, beginning of year     0  
Cash, end of period 0   0  
Consolidation, Eliminations [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) (7,757) (8,406) 10,800 (38,756)
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 603 $ 491 2,158 491
Changes in operating assets and liabilities, net of acquisitions     (97)  
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     (990)  
Payments on borrowings:        
Subtotal - net borrowings of debt by consolidated VIE-RSO     0  
Dividends paid     1,374  
Dividends paid     0  
Other financing activity of consolidated VIE - RSO     185  
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     (97) 2,714
CASH FLOWS FROM INVESTING ACTIVITIES:        
Other investing activity of consolidated VIE-RSO     (990) (391)
Payments on borrowings:        
Dividends paid     1,374 1,716
Other financing activity of consolidated VIE - RSO     $ 185 $ 175