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OPERATING SEGMENTS
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
OPERATING SEGMENTS
NOTE 20 - 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.  Certain other activities are reported in the “All Other” category 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 
 March 31, 2016
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All
Other (1)
 
Total
RAI
Revenues from external customers
 
$
17,717

 
$
5,038

 
$
80

 
$
—

 
$
22,835

Equity in earnings (losses) of unconsolidated entities
 
1,446

 
1,691

 
(4
)
 
—

 
3,133

Total revenues
 
19,163

 
6,729

 
76

 
—

 
25,968

Segment operating expenses
 
(11,018
)
 
(3,680
)
 
(392
)
 
—

 
(15,090
)
General and administrative expenses
 
(1,325
)
 
(368
)
 
—

 
(3,190
)
 
(4,883
)
Provision for credit losses
 
(4
)
 
—

 
(105
)
 
—

 
(109
)
Depreciation and amortization
 
(314
)
 
(16
)
 
—

 
(174
)
 
(504
)
Gain (loss) on sale of investment securities, net
 
—

 
498

 
—

 
—

 
498

Impairment on available for sale securities
 
—

 
(98
)
 
—

 
—

 
(98
)
Interest expense
 
(171
)
 
—

 
—

 
(269
)
 
(440
)
Other income (expense), net
 
306

 
296

 
9

 
(104
)
 
507

Pretax loss (income) attributable to noncontrolling interests (2)
 
(5
)
 
(361
)
 
—

 
—

 
(366
)
Income (loss) from continuing operations, net of noncontrolling interests before taxes
 
$
6,632

 
$
3,000

 
$
(412
)
 
$
(3,737
)
 
$
5,483

Three Months Ended 
 March 31, 2015
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All
Other (1)
 
Total
RAI
Revenues from external customers
 
$
16,294

 
$
4,867

 
$
13

 
$
—

 
$
21,174

Equity in (losses) earnings of unconsolidated entities
 
672

 
2,008

 
(15
)
 
—

 
2,665

Total revenues
 
16,966

 
6,875

 
(2
)
 
—

 
23,839

Segment operating expenses
 
(11,499
)
 
(3,063
)
 
(579
)
 
—

 
(15,141
)
General and administrative expenses
 
(879
)
 
(284
)
 
—

 
(2,134
)
 
(3,297
)
Reversal of (provision for) credit losses
 
(114
)
 
—

 
(288
)
 
—

 
(402
)
Depreciation and amortization
 
(312
)
 
(16
)
 
—

 
(129
)
 
(457
)
Interest expense
 
(183
)
 
—

 
—

 
(238
)
 
(421
)
Other income, net
 
223

 
441

 
1

 
(351
)
 
314

Pretax loss (income) attributable to noncontrolling interests (2)
 
8

 
(1,665
)
 
—

 
—

 
(1,657
)
Income (loss) from continuing operations, net of noncontrolling interests before taxes
 
$
4,210

 
$
2,288

 
$
(868
)
 
$
(2,852
)
 
$
2,778

Segment assets
 
Real
Estate
 
Financial
Fund
Management
 
Commercial
Finance
 
All
Other (1)
 
Total
RAI
March 31, 2016
 
$
212,594

 
$
90,798

 
$
3,090

 
$
(101,896
)
 
$
204,586

March 31, 2015
 
$
191,693

 
$
108,794

 
$
4,173

 
$
(75,309
)
 
$
229,351

 
(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.    

Major Customer. During the three months ended March 31, 2016 and 2015, the management, incentive, servicing and acquisition fees that the Company received from RSO were 14.4% and 13.6%, respectively, of its consolidated revenues. These fees have been allocated among, and reported as revenues by, the Company's operating segments.