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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2012
Segment Reporting  
Schedule of summarized information by segment

 

 

 
  Year Ended December 31, 2012  
 
  Portfolio Asset
Acquisition
and Resolution
  Special Situations
Platform
  Corporate
and Other
  Total  
 
  (Dollars in thousands)
 

Revenues

  $ 55,577   $ 14,117   $ 887   $ 70,581  

Costs and expenses

    (37,880 )   (17,926 )   (12,383 )   (68,189 )

Equity income from unconsolidated subsidiaries

    8,958     6,286         15,244  

Gain on business combinations

        935         935  

Gain on sale of subsidiaries

    1,451             1,451  

Income tax expense

    (490 )   (326 )   (158 )   (974 )

Net income attributable to noncontrolling interests

    (3,531 )   (1,179 )       (4,710 )
                   

Net earnings (loss)

  $ 24,085   $ 1,907   $ (11,654 ) $ 14,338  
                   


 

 
  Year Ended December 31, 2011  
 
  Portfolio Asset
Acquisition
and Resolution
  Special Situations
Platform
  Corporate
and Other
  Total  
 
  (Dollars in thousands)
 

Revenues

  $ 63,877   $ 10,190   $ 250   $ 74,317  

Costs and expenses

    (52,481 )   (7,796 )   (8,322 )   (68,599 )

Equity income (loss) from unconsolidated subsidiaries

    (624 )   2,855         2,231  

Gain on business combinations

    278     155         433  

Gain on debt extinguishment

    26,543             26,543  

Gain on sale of subsidiaries

    1,818             1,818  

Income tax (expense) benefit

    (3,807 )   (166 )   271     (3,702 )

Net income attributable to noncontrolling interests

    (7,654 )   (1,170 )       (8,824 )
                   

Net earnings (loss)

  $ 27,950   $ 4,068   $ (7,801 ) $ 24,217  
                   
Schedule of revenues, equity income (loss) of unconsolidated subsidiaries and other income from the portfolio asset acquisition and resolution segment

 

 

 
  Year Ended
December 31,
 
 
  2012   2011  
 
  (Dollars in thousands)
 

Domestic

  $ 51,191   $ 42,180  

Latin America

    7,255     2,230  

Europe

    6,089     18,843  
           

Total

  $ 64,535   $ 63,253  
           
Schedule of total assets for each segment and a reconciliation to total assets

 

 

 
  December 31,
2012
  December 31,
2011
 
 
  (Dollars in thousands)
 

Cash and cash equivalents

  $ 39,941   $ 34,802  

Restricted cash

    1,154     1,229  

Portfolio acquisition and resolution assets:

             

Domestic

    132,487     199,093  

Latin America

    6,495     17,048  

Europe

    6,049     41,447  

Special situations platform assets

    45,158     51,099  

Other non-earning assets, net

    13,353     11,628  
           

Total assets

  $ 244,637   $ 356,346