CONSOLIDATED BALANCE SHEETS (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
ASSETS
Cash and cash equivalents	$ 24,886	$ 32,544
Restricted cash	22,134	24,987
Bonds available-for-sale (includes $1,153,759 and $1,197,180 pledged as collateral)	1,190,627	1,231,036
Loans held for investment, net of allowance for loan losses (includes $14,184 and $53,096 pledged as collateral)	15,019	53,933
Loans held for sale (includes $4,397 and $18,024 pledged as collateral)	4,661	18,989
Investment in preferred stock (includes $1,000 and $2,000 pledged as collateral)	36,371	36,371
Derivative assets	6,303	6,812
Other assets	42,516	46,027
Total assets	1,945,423	2,059,536
LIABILITIES AND EQUITY
Debt	1,164,193	1,277,415
Guarantee obligations	7,134	7,235
Accounts payable and accrued expenses	16,681	18,890
Derivative liabilities	19,683	20,153
Deferred revenue	1,256	1,290
Other liabilities	7,085	6,333
Total liabilities	1,242,785	1,359,131
Commitments and contingencies
Equity:
Perpetual preferred shareholders' equity in a subsidiary company, liquidation preference of $163,000 at June 30, 2011 and $173,000 at December 31, 2010	158,941	168,686
Noncontrolling interests in consolidated funds and ventures (excludes $7,061 and $1,922 of subscriptions receivable)	565,415	569,556
Common shareholders' equity (deficit):
Common shares, no par value (40,258,312 and 40,204,049 shares issued and outstanding and 962,451 and 647,782 non-employee directors' and employee deferred shares issued at June 30, 2011 and December 31, 2010, respectively)	(136,303)	(130,466)
Accumulated other comprehensive income	114,585	92,629
Total common shareholders' equity (deficit)	(21,718)	(37,837)
Total equity	702,638	700,405
Total liabilities and equity	1,945,423	2,059,536
Unconsolidated Affiliates
ASSETS
Investments in Ventures and Partnerships	6,837	6,842
Consolidated Entities
ASSETS
Investments in Ventures and Partnerships	414,044	436,971
Other assets	182,025	165,024
Total assets of consolidated funds and ventures	596,069	601,995
LIABILITIES AND EQUITY
Debt	3,612	3,709
Unfunded equity commitments to Lower Tier Property Partnerships	20,199	20,970
Other liabilities	2,942	3,136
Common shareholders' equity (deficit):
Total liabilities of consolidated funds and ventures	$ 26,753	$ 27,815