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The Table Below Reconciles Segment Information To Consolidated Statements Of Operations (Tables)
12 Months Ended
Dec. 31, 2012
The Table Below Reconciles Segment Information To Consolidated Statements Of Operations  
The Table Below Reconciles Segment Information To Consolidated Statements Of Operations

The table below reconciles the segment information to the corresponding amounts in the Consolidated Statements of Operations (dollars in thousands):

 

 

 

For Twelve Months Ended December 31,

 

 

 

2012

 

 

2011

 

 

2010

 

Segment operating loss

 

$

(440

)

 

$

16,820

 

 

$

(39,390

)

Other non-segment items of income (expense)

 

 

 

 

 

 

 

 

 

 

 

 

General and administrative

 

 

(6,388

)

 

 

(13,619

)

 

 

(12,457

)

Advisory fees

 

 

(10,182

)

 

 

(13,225

)

 

 

(15,770

)

Provision on impairment of notes receivable and real estate assets

 

 

(4,730

)

 

 

(44,372

)

 

 

(51,588

)

Other income

 

 

7,950

 

 

 

2,723

 

 

 

8,726

 

Gain on sale of investments

 

 

(361

)

 

 

91

 

 

 

673

 

Gain on Foreign Currency Transactions

 

 

-

 

 

 

-

 

 

 

222

 

Equity in earnings of investees

 

 

372

 

 

 

79

 

 

 

(200

)

Income tax benefit

 

 

2,474

 

 

 

15,672

 

 

 

1,668

 

Loss from continuing operations

 

$

(11,305

)

 

$

(35,831

)

 

$

(108,116

)