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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2013
Income Tax Disclosure [Abstract]  
Schedule of Income Tax Expense

From our taxable REIT subsidiaries and our foreign operations (which realized a $12.9 million loss before income taxes in 2013 primarily due to the real estate transfer taxes), we incurred income tax expenses as follows (in thousands):

 

     For the Years Ended December 31,  
       2013          2012          2011    

Domestic

   $ 568       $ 19       $ 128   

Foreign

     158         —           —     
  

 

 

    

 

 

    

 

 

 
   $ 726       $ 19       $ 128   
  

 

 

    

 

 

    

 

 

 

Schedule of Deferred Tax Assets And Liablities

At December 31, 2013 and 2012, components of our deferred tax assets and liabilities were as follows (in thousands):

 

     2013     2012  

Deferred tax liabilities:

    

Property and equipment

   $ (2,870   $ (2,370

Other

     (2,923     (1,673
  

 

 

   

 

 

 

Total deferred tax liabilities

     (5,793     (4,043
    

Deferred tax assets:

    

Loan loss and other reserves

     7,751        7,218   

Operating loss and interest deduction carry forwards

     2,283        3,938   

Other

     3,371        1,261   
  

 

 

   

 

 

 

Total deferred tax assets

     13,405        12,417   

Valuation allowance

     (7,843     (8,540
  

 

 

   

 

 

 

Net deferred tax (liability)

   $ (231   $ (166
  

 

 

   

 

 

 

Schedule of Per Share Distributions to Stockholders

A schedule of per share distributions we paid and reported to our stockholders is set forth in the following:

 

     For the Years Ended December 31,  
     2013      2012      2011  

Common share distribution

   $ 0.800000       $ 0.800000       $ 0.800000   

Ordinary income

     0.599384         0.601216         0.300844   

Capital gains(1)

     0.046380         0.117584         0.031396   

Unrecaptured Sec. 1250 gain

     0.026512         0.086976         0.031396   

Return of capital

     0.154236         0.081200         0.467760   

Allocable to next year

     —          —          —    

 

(1) Capital gains include unrecaptured Sec. 1250 gains.