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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 9 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES:        
Real estate $ 15,873 $ 11,162 $ 29,005 $ 23,879
Commercial finance 6,464 5,592 14,417 21,824
Financial fund management 5,252 8,484 21,194 24,357
Revenues 27,589 25,238 64,616 70,060
COSTS AND EXPENSES:        
Real estate 6,727 5,856 18,276 16,099
Commercial finance 3,709 4,512 11,675 13,818
Financial fund management 4,234 6,471 16,914 15,875
General and administrative 2,614 2,946 8,627 9,146
(Gain) loss on sale of leases and loans (94) 7,154 (357) 7,705
Provision for credit losses 3,476 1,428 7,801 3,414
Depreciation and amortization 3,159 2,005 7,205 6,593
Costs and Expenses 23,825 30,372 70,141 72,650
OPERATING INCOME (LOSS) 3,764 (5,134) (5,525) (2,590)
OTHER INCOME (EXPENSE):        
Impairment loss recognized in earnings 0 (67) 0 (364)
Gain on sale of management contract 0 0 6,520 0
Gain on extinguishment of servicing and repurchase liabilities 0 0 4,426 0
Gain (loss) on sale of investment securities, net 82 (27) (1,282) (451)
Interest expense (4,276) (3,504) (10,812) (11,192)
Other income, net 696 739 1,985 1,946
Other Income (Expense) (3,498) (2,859) 837 (10,061)
Income (loss) from continuing operations before taxes 266 (7,993) (4,688) (12,651)
Income tax provision (benefit) 151 (1,404) (1,781) (4,805)
Income (loss) from continuing operations 115 (6,589) (2,907) (7,846)
Loss from discontinued operations, net of tax (23) (1) (2,176) (3)
Net income (loss) 92 (6,590) (5,083) (7,849)
Add: net (income) loss attributable to noncontrolling interests (503) 1,275 (161) 2,273
Net loss attributable to common shareholders (411) (5,315) (5,244) (5,576)
Amounts attributable to common shareholders:        
Loss from continuing operations (388) (5,314) (3,068) (5,573)
Discontinued operations (23) (1) (2,176) (3)
Net loss attributable to common shareholders $ (411) $ (5,315) $ (5,244) $ (5,576)
Basic loss per share:        
Continuing operations $ (0.02) $ (0.28) $ (0.16) $ (0.29)
Discontinued operations $ 0 $ 0 $ (0.11) $ 0
Net loss $ (0.02) $ (0.28) $ (0.27) $ (0.29)
Weighted average shares outstanding 19,741 19,140 19,389 18,972
Diluted loss per share:        
Continuing operations $ (0.02) $ (0.28) $ (0.16) $ (0.29)
Discontinued operations $ 0 $ 0 $ (0.11) $ 0
Net loss $ (0.02) $ (0.28) $ (0.27) $ (0.29)
Weighted average shares outstanding 19,741 19,140 19,389 18,972
Dividends declared per common share $ 0.03 $ 0 $ 0.09 $ 0.06