Condensed consolidated financial information for our reportable operating segments as of September 30, 2014 and December 31, 2013 and for the periods ended September 30, 2014 and 2013 is summarized as follows (in thousands):



Balance Sheet Items	September 30, 2014		December 31, 2013
	September 30, 2014		December 31, 2013
Total Assets	(unaudited)
Mortgage and REO - Legacy Portfolio and Other Operations	$	80,415	$	112,073
Commercial Real Estate Leasing Operations	19,153		21,202
Hospitality and Entertainment Operations	86,061		87,061
Corporate and Other	13,842		17,065
Consolidated	$	199,471	$	237,401

Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations
Mortgage and REO - Legacy Portfolio and Other Operations	$	9,561	$	16,764
Commercial Real Estate Leasing Operations	—		10,000
Hospitality and Entertainment Operations	25,956		25,845
Corporate and Other	51,935		65,446
Consolidated	$	87,452	$	118,055

Operating Liabilities
Mortgage and REO - Legacy Portfolio and Other Operations	$	2,129	$	4,434
Commercial Real Estate Leasing Operations	956		743
Hospitality and Entertainment Operations	3,329		2,712
Corporate and Other	3,720		5,586
Consolidated	$	10,134	$	13,475




	Three months ended September 30, 2014 (Unaudited)
Income Statement Items	Mortgage and REO - Legacy Portfolio and Other Operations		Commercial Real Estate Leasing Operations		Hospitality and Entertainment Operations		Corporate and Other			Consolidated
Revenues:
Operating property revenue	$	—	$	419	$	5,932	$	—		$	6,351
Investment and other income	322		—		—		2			324
Mortgage loan income, net	1,317		—		—		4			1,321
Total Revenue	1,639		419		5,932		6			7,996
Expenses:
Operating Property Direct Expenses (excluding interest and depreciation):
Payroll related expenses	—		11		2,275		—			2,286
Cost of sales	—		—		731		—			731
Property taxes	—		84		86		—			170
Management fees	—		10		348		—			358
Other costs	—		258		1,769		—			2,027
Operating Property Direct Expenses (excluding interest and depreciation)	—		363		5,209		—			5,572

Expenses for Non-Operating Real Estate Owned:
Property taxes	210		—		—		—			210
Other costs	267		—		—		4			271
Expenses for Non-Operating Real Estate Owned	477		—		—		4			481

Professional Fees:
Financial reporting - audit, legal and tax	26		—		—		188			214
Other legal	461		—		—		(115		)	346
Asset management	13		—		—		—			13
Other costs	10		—		—		307			317
Professional Fees	510		—		—		380			890

General and Administrative Expenses:
Payroll related expenses	—		—		—		2,860			2,860
Insurance expense	1		—		—		257			258
Rent	—		—		—		53			53
Other general and administrative costs	13		—		—		398			411
General and Administrative Expense	14		—		—		3,568			3,582




Other Expenses:
Interest Expense	288			—			533			2,633			3,454
Debt Termination Charge	—			—			—			21,658			21,658
Depreciation and Amortization Expense	—			226			519			52			797
Gain on Disposal of Assets	(5,624		)	—			—			(6		)	(5,630		)
Recovery of Credit Losses	(151		)	(21		)	—			—			(172		)
Other Expenses	(5,487		)	205			1,052			24,337			20,107

Total Expenses	(4,486		)	568			6,261			28,289			30,632

Net income (loss)	$	6,125		$	(149	)	$	(329	)	$	(28,283	)	$	(22,636	)




	Three months ended September 30, 2013 (Unaudited)
	(Restated)
	Mortgage and REO - Legacy Portfolio and Other Operations		Commercial Real Estate Leasing Operations		Hospitality and Entertainment Operations			Corporate and Other		Consolidated
Revenues:
Operating property revenue	$	—	$	393	$	5,267		$	—	$	5,660
Investment and other income	866		—		—			—		866
Mortgage loan income, net	201		1		(1		)	—		201
Total Revenue	1,067		394		5,266			—		6,727

Expenses:
Operating Property Direct Expenses (excluding interest and depreciation):
Payroll related expenses	—		14		1,929			—		1,943
Cost of sales	—		—		618			—		618
Property taxes	—		81		66			—		147
Management fees	—		8		335			—		343
Other costs	—		262		1,591			—		1,853
Operating Property Expenses (excluding interest and depreciation)	—		365		4,539			—		4,904

Expenses for Non-Operating Real Estate Owned:
Property taxes	138		—		—			—		138
Other costs	270		—		—			2		272
Expenses for Non-Operating Real Estate Owned	408		—		—			2		410

Professional Fees:
Financial reporting - audit, legal and tax	9		—		—			174		183
Other legal	807		—		—			105		912
Asset management	—		—		—			375		375
Other costs	118		—		—			404		522
Professional Fees	934		—		—			1,058		1,992

General and Administrative Expenses:
Payroll related expenses	—		—		—			898		898
Insurance expense	4		—		—			335		339
Rent	—		—		—			54		54
Other general and administrative costs	2		—		—			192		194
General and Administrative Expense	6		—		—			1,479		1,485

Other Expenses:
Interest Expense	423		527		846			3,428		5,224




Depreciation and Amortization Expense	—			336			594			57			987
Gain on Disposal of Assets	(252		)	—			—			—			(252		)
Settlement and Related Costs	1			—			—			839			840
Recovery of Credit Losses	(676		)	(3		)	—			—			(679		)
Other Expenses	(504		)	860			1,440			4,324			6,120

Total Expenses	844			1,225			5,979			6,863			14,911

Net income (loss)	$	223		$	(831	)	$	(713	)	$	(6,863	)	$	(8,184	)




	Nine Months Ended September 30, 2014 (unaudited)
	Mortgage and REO - Legacy Portfolio and Other Operations		Commercial Real Estate Leasing Operations		Hospitality and Entertainment Operations		Corporate and Other		Consolidated
Revenues:
Operating property revenue	$	8	$	1,269	$	18,800	$	—	$	20,077
Investment and other income	1,209		—		1		3		1,213
Mortgage loan income	2,187		—		—		4		2,191
Total Revenue	3,404		1,269		18,801		7		23,481

Expenses:
Operating Property Direct Expenses:
Payroll related expenses	—		37		6,518		—		6,555
Cost of sales	—		—		2,239		—		2,239
Property taxes	—		251		257		—		508
Management fees	—		29		1,184		—		1,213
Other costs	—		719		5,581		—		6,300
Operating Property Expenses (excluding interest and depreciation)	—		1,036		15,779		—		16,815

Expenses for Non-Operating Real Estate Owned:
Property Taxes	693		—		—		—		693
Other costs	928		—		—		6		934
Expenses for Non-Operating Real Estate Owned	1,621		—		—		6		1,627

Professional Fees:
Financial reporting - audit, legal and tax	68		—		—		682		750
Other legal	2,924		—		—		650		3,574
Asset management	61		—		—		751		812
Other costs	67		—		—		1,048		1,115
Professional Fees	3,120		—		—		3,131		6,251

General and Administrative Expenses:
Payroll related expenses	—		—		—		4,777		4,777
Insurance expense	26		—		—		841		867
Rent	—		—		—		160		160
Other general and administrative costs	52		—		—		883		935
General and Administrative Expense	78		—		—		6,661		6,739

Other Expenses:




Interest Expense	1,150			305			1,846			9,742			13,043
Debt Termination Charge	—			—			—			21,658			21,658
Depreciation & Amortization Expense	—			905			1,738			155			2,798
Gain on Disposal of Assets	(17,624		)	—			—			(6		)	(17,630		)
Recovery of Credit Losses	(683		)	(37		)	—			(1		)	(721		)
Other Expenses	(17,157		)	1,173			3,584			31,548			19,148

Total Expenses	(12,338		)	2,209			19,363			41,346			50,580

Net income (loss)	$	15,742		$	(940	)	$	(562	)	$	(41,339	)	$	(27,099	)



	Nine months ended September 30, 2013 (Unaudited)
	(Restated)
	Mortgage and REO - Legacy Portfolio and Other Operations		Commercial Real Estate Leasing Operations			Hospitality and Entertainment Operations		Corporate and Other		Consolidated
Revenues:
Operating property revenue	$	1	$	1,204		$	9,860	$	—	$	11,065
Investment and other income	2,016		2			4		8		2,030
Mortgage loan income, net	585		(1		)	—		1		585
Total Revenue	2,602		1,205			9,864		9		13,680

Expenses:
Operating Property Direct Expenses (excluding interest and depreciation):
Payroll related expenses	—		43			2,995		—		3,038
Cost of sales	—		—			1,160		—		1,160
Property taxes	—		243			99		—		342
Management fees	—		27			993		—		1,020
Other costs	—		770			3,072		—		3,842
Operating Property Expenses (excluding interest and depreciation)	—		1,083			8,319		—		9,402

Expenses for Non-Operating Real Estate Owned:
Property taxes	657		—			—		—		657
Other costs	671		—			—		8		679
Expenses for Non-Operating Real Estate Owned	1,328		—			—		8		1,336

Professional Fees:
Financial reporting - audit, legal and tax	13		—			—		574		587
Other legal	2,001		—			—		273		2,274
Asset management	—		—			—		1,125		1,125
Other costs	291		—			—		1,201		1,492
Professional Fees	2,305		—			—		3,173		5,478

General and Administrative Expenses:
Payroll related expenses	—		—			—		2,579		2,579
Insurance expense	1		—			—		948		949
Rent	—		—			—		157		157
Other general and administrative costs	26		—			—		490		516
General and Administrative Expense	27		—			—		4,174		4,201

Other Expenses:



Interest Expense	1,359			1,275			1,256			10,023			13,913
Depreciation and Amortization Expense	—			997			910			155			2,062
(Gain) Loss on Disposal of Assets	(957		)	—			—			4			(953		)
Settlement and Related Costs	8			—			—			1,954			1,962
Recovery of Credit Losses	(8,242		)	(8		)	—			—			(8,250		)
Other Expenses	(7,832		)	2,264			2,166			12,136			8,734

Total Expenses	(4,172		)	3,347			10,485			19,491			29,151

Net income (loss)	$	6,774		$	(2,142	)	$	(621	)	$	(19,482	)	$	(15,471	)