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OPERATING SEGMENTS (Tables)
3 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Summarized Operating Segment Data
Summarized operating segment data are as follows (in thousands):
 
Real
Estate
 
Financial
Fund Management
 
Commercial
Finance
 
All
Other
(1)
 
Total RAI
 
RSO
 
Eliminations
 
Total Consolidated
Three Months Ended
December 31, 2012:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
13,133

 
$
1,371

 
$

 
$

 
$
14,504

 
$
33,041

 
$
(4,811
)
 
$
42,734

Equity in earnings
(losses) of
unconsolidated entities
21

 
1,304

 
(124
)
 

 
1,201

 

 

 
1,201

Total revenues
13,154

 
2,675

 
(124
)
 

 
15,705

 
33,041

 
(4,811
)
 
43,935

Segment operating expenses
(7,998
)
 
(1,017
)
 
49

 

 
(8,966
)
 
(31,722
)
 
12,386

 
(28,302
)
General and
administrative expenses
(83
)
 
(578
)
 

 
(1,567
)
 
(2,228
)
 

 

 
(2,228
)
Provision for credit losses
(190
)
 
(457
)
 
(4,505
)
 

 
(5,152
)
 

 

 
(5,152
)
Depreciation and amortization
(308
)
 
(22
)
 

 
(162
)
 
(492
)
 

 

 
(492
)
Interest expense
(212
)
 

 

 
(310
)
 
(522
)
 

 

 
(522
)
Other income (expense), net
163

 
523

 

 
(46
)
 
640

 
13,733

 
(502
)
 
13,871

Gross income attributable
to noncontrolling
interests (2)
(865
)
 

 

 

 
(865
)
 
(14,668
)
 

 
(15,533
)
Income (loss) excluding
noncontrolling interest
before taxes
$
3,661

 
$
1,124

 
$
(4,580
)
 
$
(2,085
)
 
$
(1,880
)
 
$
384

 
$
7,073

 
$
5,577


 
Real
Estate
 
Financial
Fund Management
 
Commercial
Finance
 
All
Other
(1)
 
Total RAI
 
RSO
 
Eliminations
 
Total
Three Months Ended
December 31, 2011:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from
external customers
$
8,060

 
$
5,913

 
$
4,134

 
$

 
$
18,107

 
$
25,211

 
$
(4,501
)
 
$
38,817

Equity in earnings
(losses) of
unconsolidated entities
606

 
666

 
(715
)
 

 
557

 

 

 
557

Total revenues
8,666

 
6,579

 
3,419

 

 
18,664

 
25,211

 
(4,501
)
 
39,374

Segment operating expenses
(7,192
)
 
(5,804
)
 
(1,963
)
 

 
(14,959
)
 
(24,798
)
 
11,538

 
(28,219
)
General and administrative expenses
(78
)
 
(869
)
 

 
(1,949
)
 
(2,896
)
 

 

 
(2,896
)
Loss on sales of leases and loans

 

 
37

 

 
37

 

 

 
37

Provision for credit losses
(104
)
 

 
(2,146
)
 

 
(2,250
)
 

 

 
(2,250
)
Depreciation and amortization
(323
)
 
(37
)
 
(1,556
)
 
(145
)
 
(2,061
)
 

 

 
(2,061
)
Interest expense
(215
)
 

 
(1,691
)
 
(1,068
)
 
(2,974
)
 

 

 
(2,974
)
Loss on sales of
investment securities

 
41

 

 
17

 
58

 

 

 
58

Gain on sales of subsidiary

 

 
8,749

 

 
8,749

 

 

 
8,749

Loss on extinguishment
of debt

 

 

 
(2,190
)
 
(2,190
)
 

 

 
(2,190
)
Other income
117

 
(54
)
 

 
(135
)
 
(72
)
 

 
(505
)
 
(577
)
Gross (income) loss attributable to
noncontrolling
interests (2)
(25
)
 

 
(224
)
 

 
(249
)
 
(367
)
 
571

 
(45
)
Income (loss) excluding
noncontrolling interest
before intercompany
interest expense and taxes
846

 
(144
)
 
4,625

 
(5,470
)
 
(143
)
 
46

 
7,103

 
7,006

Interest expense - intercompany

 

 
(29
)
 
29

 

 

 

 

Income (loss) excluding
noncontrolling interest
and taxes
$
846

 
$
(144
)
 
$
4,596

 
$
(5,441
)
 
$
(143
)
 
$
46

 
$
7,103

 
$
7,006


Segment assets
Real
Estate
 
Financial
Fund Management
 
Commercial
Finance
 
All
Other
(1)
 
Total RAI
 
RSO
 
Eliminations
 
Total Consolidated
December 31, 2012
$
170,853

 
$
54,248

 
$
11,876

 
$
(76,770
)
 
$
160,207

 
$
2,478,251

 
$
(1,694
)
 
$
2,636,764

September 30, 2012
$
169,649

 
$
60,805

 
$
15,497

 
$
(78,138
)
 
$
167,813

 
$
2,322,429

 
$
(1,784
)
 
$
2,488,458

 
(1)
Includes general corporate expenses and assets not allocable to any particular segment.
(2)
In viewing its segment operations, management includes the pretax (income) loss attributable to noncontrolling interests.  However, these interests are excluded in (loss) income from operations as computed in accordance with U.S. GAAP and, accordingly, should be deducted to compute (loss) income from operations as reflected in the Company’s consolidated statements of operations.