Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Assets
Cash and cash equivalents	$ 38,867	$ 34,818
Loans receivable, net		19,282
Investment in CT Legacy Asset, at fair value
Equity investments in unconsolidated subsidiaries	18,710	10,399
Deferred income taxes	3,094	1,268
Prepaid expenses and other assets	2,096	4,533
Subtotal assets	62,767	70,300
Total assets	581,197	1,366,316
Liabilities:
Accounts payable, accrued expenses and other liabilities	17,834	8,075
Secured notes	8,326	7,847
Participations sold		19,282
Subtotal liabilities	26,160	35,204
Total liabilities	543,231	1,495,255
Commitments and contingencies
Equity (Deficit):
Class A common stock; Restricted class A common stock	225	222
Additional paid-in capital	597,866	597,049
Accumulated other comprehensive loss	(31,374)	(40,584)
Accumulated deficit	(591,276)	(667,111)
Total Capital Trust, Inc. shareholders' deficit	(24,559)	(110,424)
Noncontrolling interests	62,525	(18,515)
Total equity (deficit)	37,966	(128,939)
Total liabilities and equity (deficit)	581,197	1,366,316
CT Legacy REIT
Assets
Restricted cash	16,145	12,985
Securities held-to-maturity		2,602
Loans receivable, net		206,514
Loans held-for-sale, net		30,875
Investment in CT Legacy Asset, at fair value	100,100
Equity investments in unconsolidated subsidiaries
Accrued interest receivable and other assets		2,119
Subtotal assets	116,245	255,095
Liabilities:
Accounts payable, accrued expenses and other liabilities		743
Repurchase obligations		58,464
Mezzanine loan, net of unamortized discount		55,111
Participations sold		97,465
Interest rate hedge liabilities		8,817
Subtotal liabilities		220,600
Securitization Vehicles
Assets
Securities held-to-maturity	154,848	358,972	[1]
Loans receivable, net	214,457	612,598
Real estate held for sale		10,342
Accrued interest receivable and other assets	32,880	59,009
Subtotal assets	402,185	1,040,921
Liabilities:
Accounts payable, accrued expenses and other liabilities	559	3,102
Securitized debt obligations	497,423	1,211,407
Interest rate hedge liabilities	19,089	24,942
Subtotal liabilities	517,071	1,239,451
Class A Common Stock
Equity (Deficit):
Class A common stock; Restricted class A common stock	220	220
CommonClassARestrictedMember
Equity (Deficit):
Class A common stock; Restricted class A common stock	$ 5	$ 2

[1] Includes securities with a total face value of $236.4 million and $490.9 million as of September 30, 2012 and December 31, 2011, respectively.