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FAIR VALUE OF FINANCIAL INSTRUMENTS FAIR VALUE OF FINANCIAL INSTRUMENTS (Assets Measured on Recurring Basis) (Details) RSO (Resource Capital Corp [Member], Level 3 [Member], Investments [Member], USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Resource Capital Corp [Member] | Level 3 [Member] | Investments [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period $ 51,554 $ 58,508
Total gains or losses (realized/unrealized):    
Included in earnings (608) 14,713
Purchases   8,341
Sales (2,451) (35,181)
Payments (806) (1,206)
Unrealized gains (losses) – included in accumulated other comprehensive income 2,078 6,379
Transfers from level 2 66,381  
Balance, end of period $ 116,148 $ 51,554