Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $) In Thousands	1 Months Ended	9 Months Ended	7 Months Ended
	Sep. 30, 2010 Successor	Sep. 30, 2011 Successor	Aug. 12, 2010 Predecessor
Cash Flow From Operating Activities
Net income (loss)	$ (384)	$ 489	$ (16,941)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Increase in deferred rent receivable	(359)	(1,520)	(1,375)
Realized gain on sale and repayment of loans			(4)
(Income) loss from investments in partially-owned entities	474	(1,779)	1,941
Impairment of investments		77
Distribution of income from partially-owned entities	1,410	4,041	3,608
Amortization of above-market leases		155
Amortization and write-off of deferred financing costs			80
Amortization of deferred loan fees			(15)
Stock-based compensation		45
Stock-based compensation - non-employee			163
Non-cash incentive fee		96
Depreciation and amortization on real estate and fixed assets, including intangible assets	604	2,620	2,072
Net unrealized (gain) or loss on derivative instruments	(492)	255	41
Adjustment to valuation allowance on investment in loans held at LOCOM			(858)
Changes in operating assets and liabilities:
Accrued interest receivable	39	46	50
Other assets	(313)	(382)	643
Accounts payable and accrued expenses	(4,908)	172	5,268
Other liabilities including payable to related parties	(622)	276	2,080
Net cash provided by (used in) operating activities	(4,551)	4,591	(3,247)
Cash Flow From Investing Activities
Sale of loans to third parties			5,880
Fixed asset purchases		(257)
Loan repayments	158	2,267	10,806
Return of investment in partially owned entities		6,093
Investment in real estate		(20,800)
Investments in partially-owned entities	(185)		(706)
Net cash (used in) provided by investing activities	(27)	(12,697)	15,980
Cash Flow From Financing Activities
Sale of shares to Tiptree Financial Partners L.P.			55,665
Share tender offer			(177,660)
Principal payments under mortgage notes payable	(59)	(574)	(518)
Borrowings under mortgage notes payable		15,498
Financing costs		(200)
Repurchases of common stock			(490)
Dividends paid		(2,743)	(3)
Net cash provided by (used in) financing activities	(59)	11,981	(123,006)
Net increase in cash and cash equivalents	(4,637)	3,875	(110,273)
Cash and cash equivalents, beginning of period	12,239	5,032	122,512
Cash and cash equivalents, end of period	7,602	8,907	12,239
Supplemental Disclosure of Cash Flow Information
Cash paid for interest	500	3,767	3,800
Non-cash financing and investing activities:
Warrant issued		222
Modification of Operating Partnership Units		$ (1,870)