CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
REVENUE
Interest income	$ 20,070	$ 23,186	$ 41,933	$ 46,450
Fee and other income:
Income on preferred stock investment	1,557	1,622	3,114	3,293
Other income	946	970	1,733	2,929
Total fee and other income	2,503	2,592	4,847	6,222
Revenue	23,332	26,628	48,099	54,113
EXPENSES
Interest expense	14,229	16,606	29,327	34,683
Salaries and benefits	2,858	3,066	5,927	6,482
General and administrative	1,575	1,830	2,928	4,449
Professional fees	1,862	3,651	5,043	7,362
Impairment on bonds	989	2,493	4,499	8,927
Provision for loan losses	293	550	858	4,017
Other expenses	1,261	2,146	2,283	4,216
Total expenses	25,850	32,326	58,987	77,234
Net gains on sale of bonds	1,650	116	1,329	482
Net (losses) gains on loans	(472)	(1,078)	(642)	1,939
Net losses on derivatives	(2,823)	(5,084)	(2,894)	(6,951)
Net gains on early extinguishments of liabilities	176		469	6,866
Loss from continuing operations before income taxes	(12,845)	(25,639)	(29,363)	(46,970)
Income tax expense	(35)	(21)	(147)	(5)
Income (loss) from discontinued operations, net of tax	282	(5,243)	392	(5,326)
Net loss	(12,598)	(30,903)	(29,118)	(52,301)
Net loss to common shareholders	(2,831)	(16,582)	(7,527)	(26,616)
Basic and diluted loss per common share:
Loss per common share	$ (0.07)	$ (0.41)	$ (0.18)	$ (0.66)
Weighted-average common shares outstanding	41,069	40,490	40,963	40,430
Equity in (losses) earnings from ventures and partnerships			(16,728)	(26,186)
(Income) loss allocable to noncontrolling interests			21,591	25,685
Bonds
REVENUE
Interest income	19,594	21,496	40,416	42,616
Loans
REVENUE
Interest income	449	1,660	1,460	3,771
Short-term Investments
REVENUE
Interest income	27	30	57	63
Consolidated Entities
Fee and other income:
Revenue	759	850	1,319	1,441
EXPENSES
Expenses from consolidated funds and ventures	2,783	1,984	8,122	7,098
Basic and diluted loss per common share:
Equity in (losses) earnings from ventures and partnerships	(8,754)	(13,690)	(16,627)	(25,981)
(Income) loss allocable to noncontrolling interests			26,403	30,617
Consolidated Entities | Continuing Operations
Basic and diluted loss per common share:
(Income) loss allocable to noncontrolling interests	12,137	16,863	26,403	30,642
Consolidated Entities | Discontinued Operations
Basic and diluted loss per common share:
(Income) loss allocable to noncontrolling interests		(76)		(25)
Unconsolidated Affiliates
Basic and diluted loss per common share:
Equity in (losses) earnings from ventures and partnerships	(104)	(205)	(110)	(204)
Subsidiaries
Basic and diluted loss per common share:
(Income) loss allocable to noncontrolling interests	$ (2,370)	$ (2,466)	$ (4,812)	$ (4,932)