SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2013

Schedule showing data of reportable segments reconciled to amounts reflected in the consolidated financial statements

The following table shows data of reportable segments reconciled to amounts reflected in the condensed consolidated financial statements for the three months ended March 31, 2013 and 2012 (amounts in thousands):

	Credit					Natural Resources					Other				Reconciling Items(1)						Total Consolidated
For the three months ended March 31	2013		2012			2013			2012		2013		2012		2013			2012			2013		2012
Total revenues	$	115,149	$	126,881		$	23,805		$	11,053	$	1,496	$	—	$	—		$	—		$	140,450	$	137,934
Total investment costs and expenses	61,399		99,396			19,469			8,396		181		—		—			—			81,049		107,792
Total other income (loss)	93,926		74,642			(4,746		)	4,641		5,309		—		(20,269		)	(445		)	74,220		78,838
Total other expenses	13,968		12,533			1,630			1,260		124		—		19,105			11,207			34,827		25,000
Income tax expense (benefit)	457		(4,068		)	—			—		1		—		—			—			458		(4,068		)
Net income (loss)	$	133,251	$	93,662		$	(2,040	)	$	6,038	$	6,499	$	—	$	(39,374	)	$	(11,652	)	$	98,336	$	88,048

(1) Consists of certain expenses not allocated to individual segments including incentive fees of $17.2 million and $9.7 million for the three months ended March 31, 2013 and 2012, respectively and losses on restructuring and extinguishment of debt of $20.3 million and $0.4 million for the three months ended March 31, 2013 and 2012, respectively. The remaining reconciling items include insurance expenses, directors’ expenses and share-based compensation expense.

The following table shows total assets of reportable segments reconciled to amounts reflected in the condensed consolidated financial statements as of March 31, 2013 and December 31, 2012 (amounts in thousands):

	Credit				Natural Resources				Other				Reconciling Items				Total Consolidated
As of	March 31, 2013		December 31, 2012		March 31, 2013		December 31, 2012		March 31, 2013		December 31, 2012		March 31, 2013		December 31, 2012		March 31, 2013		December 31, 2012
Total assets	$	8,106,181	$	7,904,116	$	383,097	$	399,225	$	82,784	$	53,742	$	1,449	$	1,796	$	8,573,511	$	8,358,879

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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