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VARIABLE INTEREST ENTITIES RSO Income Statement Detail (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income:    
Interest expense $ 483 $ 494
Equity in (losses) earnings of unconsolidated entities 631 1,261
Total revenues 49,302 43,327
COSTS AND EXPENSES:    
General and administrative 3,154 2,153
Depreciation and amortization 451 416
Income tax expense 1,085  
Costs and Expenses 28,485 28,454
OTHER REVENUE (EXPENSE)    
Other expenses (1,631) (488)
Other expense, net from consolidated VIE - RSO (1,631)  
Income from continuing operations before taxes 19,186 14,385
Income tax expense 1,085  
Net income 990 496
RSO [Member]
   
Interest income:    
Loans 20,229 27,812
Securities 4,004 3,642
Interest income − other 2,852 1,866
Total interest income 27,085 33,320
Interest expense 9,637 11,165
Net interest income 17,448 22,155
Rental income 5,152 6,174
Dividend income 136 16
Equity in (losses) earnings of unconsolidated entities 2,014 (425)
Fee income 2,756 1,410
Net realized gain on sales of investment securities available-for-sale and loans 3,680 391
Net realized and unrealized gain on investment securities, trading (1,560) 1,116
Unrealized gain and net interest income on linked transactions, net 2,305 (259)
Total revenues 31,931 30,578
COSTS AND EXPENSES:    
Management fees − related party 3,080 2,978
Equity compensation − related party 1,667 3,591
Rental operating expense 3,396 3,937
General and administrative 8,105 3,481
Depreciation and amortization 836 1,138
Income tax expense 16 1,762
Net impairment losses recognized in earnings 0 21
Provision for loan losses (3,960) 1,042
Total operating expenses 13,140 17,950
Costs and Expenses 13,124 16,188
Adjusted operating income 18,807 14,390
OTHER REVENUE (EXPENSE)    
Other expenses (1,262) 0
Loss on the extinguishment of debt (69) 0
Other expense, net from consolidated VIE - RSO (1,331) 0
Income from continuing operations before taxes 17,476 14,390
Income tax expense 16 1,762
Net income 17,460 12,628
Net income allocated to preferred shares (2,400) (1,311)
Net income allocated to noncontrolling interests 56 209
NET INCOME ALLOCABLE TO RSO COMMON SHAREHOLDERS $ 15,116 $ 11,526