CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 4,613	$ 4,757
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	1,048	1,004
Provision for credit losses	7	678
Unrealized (gain) loss on trading securities	(261)	(1,333)
Equity in (earnings) losses of unconsolidated entities	(6,920)	(5,732)
Distributions from unconsolidated entities	7,553	4,056
Principal payments received on trading securities held by consolidated VIE - Pelium	4,732	942
Impairment on investments in available for sale securities	901	4,346
(Gain) loss on sales of investment securities, net	(632)	0
Deferred income tax provision (benefit)	2,077	2,052
Equity-based compensation issued	2,050	1,604
(Gain) loss on trading securities	(188)	(769)
Trading securities purchases and sales, net	(126)	(11,923)
Changes in operating assets and liabilities	3,113	(344)
Net cash provided by (used in) operating activities	17,967	(662)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(60)	(352)
Investments in real estate and unconsolidated real estate entities	(6,756)	(3,295)
Principal payments on leases and loans	93	5
Purchase of loans and investments	(9,057)	(1,945)
Proceeds from sale of loans and investments	6,538	942
Net cash provided by (used in) investing activities	(9,242)	(4,645)
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on borrowings	(293)	(821)
Dividends paid	(2,277)	(2,622)
Proceeds from issuance of common stock	0	1
Repurchases of common stock	(3,474)	(4,652)
(Increase) decrease in restricted cash	(291)	(161)
Contributions from non-controlling interests - Pelium	0	4,425
Net cash provided by (used in) financing activities	(6,335)	(3,830)
Increase (decrease) in cash	2,390	(9,137)
Cash, beginning of year	24,132	33,947
Cash, end of period	$ 26,522	$ 24,810