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Segment Reporting (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Jun. 30, 2012
LNR Property LLC ("LNR")
Mar. 31, 2012
LNR Property LLC ("LNR")
Jun. 30, 2011
LNR Property LLC ("LNR")
Mar. 31, 2011
LNR Property LLC ("LNR")
Jun. 30, 2012
LNR Property LLC ("LNR")
Mar. 31, 2012
LNR Property LLC ("LNR")
Jun. 30, 2011
LNR Property LLC ("LNR")
Mar. 31, 2011
LNR Property LLC ("LNR")
Jun. 30, 2012
Real Estate Lending
Jun. 30, 2011
Real Estate Lending
Jun. 30, 2012
Real Estate Lending
Jun. 30, 2011
Real Estate Lending
Dec. 31, 2011
Real Estate Lending
Jun. 30, 2012
Net Leasing
Jun. 30, 2011
Net Leasing
Jun. 30, 2012
Net Leasing
Jun. 30, 2011
Net Leasing
Dec. 31, 2011
Net Leasing
Jun. 30, 2012
Real Estate Investment
Jun. 30, 2011
Real Estate Investment
Jun. 30, 2012
Real Estate Investment
Jun. 30, 2011
Real Estate Investment
Dec. 31, 2011
Real Estate Investment
Jun. 30, 2012
Corporate/Other
Jun. 30, 2011
Corporate/Other
Jun. 30, 2012
Corporate/Other
Jun. 30, 2011
Corporate/Other
Dec. 31, 2011
Corporate/Other
Segment Reporting                                                                  
Total revenue $ 96,721 [1] $ 125,426 [1] $ 188,690 [1] $ 232,981 [1]                   $ 43,244 [1] $ 80,848 [1] $ 80,513 [1] $ 141,983 [1]   $ 37,928 [1] $ 37,641 [1] $ 76,408 [1] $ 75,754 [1]   $ 14,756 [1] $ 6,687 [1] $ 29,150 [1] $ 14,149 [1]   $ 793 [1],[2] $ 250 [1],[2] $ 2,619 [1],[2] $ 1,095 [1],[2]  
Earnings from equity method investments 18,420 19,131 53,206 44,064   8,674 8,674 [3],[4] 10,079 10,079 [3],[4] 20,811 20,811 [3],[4] 24,064 24,064 [3],[4] 0 0 0 0   649 631 1,295 1,269   8,070 (5,450) 14,195 (5,450)   9,701 [2] 23,950 [2] 37,716 [2] 48,245 [2]  
Income from sales of residential property 13,266 0 19,999 0                   0   0     0   0     13,266   19,999     0 [2]   0    
Operating costs (31,296) (22,845) (56,986) (47,640)                   (1,512) 935 (2,427) (315)   (4,965) (4,384) (8,127) (8,670)   (22,425) (18,002) (44,498) (35,789)   (2,394) [2] (1,394) [2] (1,934) [2] (2,866) [2]  
Direct segment profit 97,111 121,712 204,909 229,405                   41,732 81,783 78,086 141,668   33,612 33,888 69,576 68,353   13,667 (16,765) 18,846 (27,090)   8,100 [2] 22,806 [2] 38,401 [2] 46,474 [2]  
Allocated interest expense (94,474) (95,753) (179,818) (164,846)                   (35,129) (47,557) (69,373) (84,322)   (24,513) (21,713) (46,077) (36,731)   (29,347) (19,964) (54,120) (33,046)   (5,485) [2] (6,519) [2] (10,248) [2] (10,747) [2]  
Allocated general and administrative(3) (16,345) [5] (21,385) [5] (34,524) [5] (41,630) [5]                   (3,741) [5] (5,416) [5] (8,320) [5] (10,892) [5]   (2,639) [5] (2,589) [5] (5,653) [5] (4,946) [5]   (3,126) [5] (2,274) [5] (6,490) [5] (4,269) [5]   (6,839) [2],[5] (11,106) [2],[5] (14,061) [2],[5] (21,523) [2],[5]  
Segment profit (loss) (13,708) [6] 4,574 [6] (9,433) [6] 22,929 [6]                   2,862 [6] 28,810 [6] 393 [6] 46,454 [6]   6,460 [6] 9,586 [6] 17,846 [6] 26,676 [6]   (18,806) [6] (39,003) [6] (41,764) [6] (64,405) [6]   (4,224) [2],[6] 5,181 [2],[6] 14,092 [2],[6] 14,204 [2],[6]  
Other significant non-cash items:                                                                  
Provision for loan losses 26,531 10,350 44,031 21,230                   26,531 10,350 44,031 21,230   0 0 0 0   0 0 0 0   0 [2] 0 [2] 0 [2] 0 [2]  
Impairment of assets 7,496 2,764 23,000 4,254                   0 0 0 0   6,150 0 19,700 0   1,346 2,764 3,850 3,381   0 [2] 0 [2] (550) [2] 873 [2]  
Depreciation and amortization 16,960 15,011 33,475 29,824                   0 0 0 0   11,828 12,689 23,948 25,214   4,690 1,804 8,440 3,554   442 [2] 518 [2] 1,087 [2] 1,056 [2]  
Capitalized expenditures 21,635 11,706 32,714 20,868                   0 0 0 0   2,693 2,736 2,988 4,902   18,942 8,970 29,726 15,966   0 [2] 0 [2] 0 [2] 0 [2]  
Total assets 7,186,212   7,186,212   7,517,837                 2,333,405   2,333,405   2,892,240 1,683,703   1,683,703   1,837,425 2,058,264   2,058,264   1,982,420 1,110,840 [2]   1,110,840 [2]   805,752 [2]
Stock-based compensation expense $ 3,447 $ 4,314 $ 8,113 $ 8,469                                                          
[1] Total revenue represents all revenue earned during the period related to the assets in each segment. Revenue from the Real Estate Lending segment primarily represents interest income, revenue from the Net Leasing segment primarily represents operating lease income and revenue from Real Estate Investment primarily represents operating revenues from REHI properties.
[2] Corporate/Other represents all corporate level and unallocated items including any intercompany eliminations necessary to reconcile to consolidated Company totals. This caption also includes the Company's joint venture investments and strategic investments that are not related to the other reportable segments above, including the Company's equity investment in LNR of $176.6 million and $159.8 million, as of June 30, 2012 and December 31, 2011, respectively, and the Company's share of equity in earnings from LNR of $8.7 million and $20.8 million, for the three and six months ended June 30, 2012, respectively, and $10.1 million and $24.1 million for the three and six months ended June 30, 2011. See Note 7 for further details on the Company's investment in LNR and summarized financial information of LNR.
[3] The Company records its investment in LNR on a one quarter lag, therefore, amounts in the Company's financial statements for the three and six months ended June 30, 2012 and 2011 are based on balances and results from LNR for the three and six months ended March 31, 2012 and 2011, respectively.
[4] LNR consolidates certain commercial mortgage-backed securities and collateralized debt obligation trusts that are considered VIEs (and for which it is the primary beneficiary), that have been excluded from the amounts presented above. As of March 31, 2012 and September 30, 2011, the assets of these trusts, which aggregate approximately $85.19 billion and $126.66 billion, respectively, are the sole source of repayment of the related liabilities, which aggregate approximately $84.92 billion and $126.64 billion, respectively, and are non-recourse to LNR and its equity holders, including the Company. In addition, total revenue presented above includes $16.3 million and $30.8 million for the three months ended March 31, 2012 and 2011, respectively, of servicing fee revenue that is eliminated upon consolidation of the VIE's at the LNR level. This income is then added back through consolidation at the LNR level as an adjustment to income allocable to noncontrolling entities and has no net impact on net income attributable to LNR.
[5] General and administrative excludes stock-based compensation expense of $3.4 million and $8.1 million for the three and six months ended June 30, 2012, respectively, and $4.3 million and $8.5 million for the three and six months ended June 30, 2011 respectively.
[6] The following is a reconciliation of segment profit (loss) to income (loss) from continuing operations ($ in thousands): For the Three MonthsEnded June 30, For the Six Months Ended June 30, 2012 2011 2012 2011Segment profit (loss)$(13,708) $4,574 $(9,433) $22,929Less: Provision for loan losses(26,531) (10,350) (44,031) (21,230)Less: Impairment of assets(7,496) (2,764) (23,000) (4,254)Less: Stock-based compensation expense(3,447) (4,314) (8,113) (8,469)Less: Depreciation and amortization(16,960) (15,011) (33,475) (29,824)Less: Income tax (expense) benefit(3,477) 2,675 (4,748) (8,377)Less: Income from sales of residential property(13,266) — (19,999) —Add: Gain (loss) on early extinguishment of debt, net(4,868) (1,047) (3,164) 105,556Income (loss) from continuing operations$(89,753) $(26,237) $(145,963) $56,331