XML 16 R48.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATING FINANCIAL INFORMATION (Consolidating Statements of Operations) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES:        
Revenues from external customers $ 50,409 $ 43,025 $ 152,175 $ 119,837
COSTS AND EXPENSES:        
General and administrative 2,426 2,505 8,309 6,807
Provision for credit losses 559 1,808 3,342 3,793
Depreciation and amortization 453 413 1,369 1,318
Costs and expenses 30,943 30,219 92,361 82,034
OPERATING INCOME 19,466 12,806 59,814 37,803
Interest expense (467) (530) (1,447) (1,525)
Other income (expense), net (1,856) 16,897 (466) 17,231
Total other revenue (expense) (2,243) 16,367 (1,474)  
Income from continuing operations before taxes 17,223 29,173 58,340 53,295
Income tax provision 1,504 1,983 4,324  
Net income 15,719 27,190 54,016 49,468
Income from continuing operations 1,516 3,442 5,224 5,053
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 0 0 (2)
Net income attributable to common shareholders 1,516 3,442 5,224 5,051
Intersegment Eliminations [Member]
       
REVENUES:        
Revenues from external customers (4,136) (5,183) (10,056) (10,608)
COSTS AND EXPENSES:        
Costs and expenses (3,502) (4,861) (9,374) (10,178)
Other income (expense), net 11      
Total other revenue (expense)   162 29  
Consolidation, Eliminations [Member]
       
REVENUES:        
Revenues from external customers (4,136) (5,183) (10,056) (10,608)
COSTS AND EXPENSES:        
General and administrative 0 0 0 0
Provision for credit losses 0 0 0 0
Depreciation and amortization 0 0 0 0
Costs and expenses (3,265) (5,583) (8,707)  
OPERATING INCOME (871) 400 (1,349)  
Interest expense 0 0 0 0
Other income (expense), net (572) (394) (1,687) (1,445)
Total other revenue (expense) (561) (394) (1,687)  
Income from continuing operations before taxes (1,432) 6 (3,036)  
Income tax provision (237) 722 (667)  
Net income (1,195) (716) (2,369)  
Net income attributable to common shareholders (8,406) (22,428) (38,756)  
RAI [Member]
       
REVENUES:        
Real estate 14,289 15,950 41,012 39,443
Financial fund management 5,557 8,502 20,773 15,234
Commercial finance (17) (30) (158) (243)
Revenues from external customers 19,829 24,422 61,627 54,434
COSTS AND EXPENSES:        
Real estate 9,384 11,178 27,364 29,514
Financial fund management 2,812 3,547 9,980 7,769
Commercial finance 125 75 351 (99)
General and administrative 2,426 2,505 8,309 6,807
Provision for credit losses 559 1,808 3,342 3,793
Depreciation and amortization 453 413 1,369 1,318
Costs and expenses 15,759 19,526 50,715 49,102
Gain on sale of investment securities, net 69 0 439 0
Interest expense (467) (530) (1,447) (1,525)
Other income (expense), net 80 128 263  
Income tax provision 1,741 1,261 4,991 (396)
Net loss (income) attributable to noncontrolling interests 11 (40) (33) (23)
RAI [Member] | Reportable Legal Entities [Member]
       
REVENUES:        
Real estate 14,289 15,950 41,012  
Financial fund management 5,557 8,502 20,773  
Commercial finance (17) (30) (158)  
Revenues from external customers 19,829 24,422 61,627 54,434
COSTS AND EXPENSES:        
Real estate 9,384 11,178 27,364  
Financial fund management 2,812 3,547 9,980  
Commercial finance 125 75 351  
General and administrative 2,426 2,505 8,309 6,807
Provision for credit losses 559 1,808 3,342 3,793
Depreciation and amortization 453 413 1,369 1,318
Costs and expenses 15,759 19,526 50,715  
OPERATING INCOME 4,070 4,896 10,912  
Gain on sale of investment securities, net 69   439  
Interest expense (467) (530) (1,447) (1,525)
Other income (expense), net 652 684 1,979 2,069
Total other revenue (expense) 254 154 971  
Income from continuing operations before taxes 4,324 5,050 11,883  
Income tax provision 1,741 1,261 4,991  
Net income 2,583 3,789 6,892  
Net loss (income) attributable to noncontrolling interests 11 (40) (33)  
Net income attributable to common shareholders 2,594 3,749 6,859  
RAI [Member] | Consolidation, Eliminations [Member]
       
COSTS AND EXPENSES:        
Interest expense   0    
Other income (expense), net (572) (556) (1,716)  
RSO [Member]
       
REVENUES:        
Real estate 2,643 4,701 7,590 9,794
Financial fund management 2,310 450 1,350 720
Commercial finance 0 0 0 0
Revenues from external customers 34,716 23,786 100,604 76,011
COSTS AND EXPENSES:        
Costs and expenses 18,686 15,554 51,020 43,110
Expenses of consolidated VIE - RSO 18,686   51,020  
Other income (expense), net (1,936) 16,607 (758)  
Income tax provision (237) 722 (667) 4,221
Net loss (income) attributable to noncontrolling interests (14,214) (23,708) (48,759) (44,394)
RSO [Member] | Reportable Legal Entities [Member]
       
REVENUES:        
Revenues from external customers 34,716 23,786 100,604 76,011
COSTS AND EXPENSES:        
General and administrative 0 0 0 0
Provision for credit losses 0 0 0 0
Depreciation and amortization 0 0 0 0
Costs and expenses 18,449 16,276 50,353  
Expenses of consolidated VIE - RSO 18,449   50,353  
OPERATING INCOME 16,267 7,510 50,251  
Interest expense 0 0 0 0
Other income (expense), net (1,936) 16,607 (758) 16,607
Total other revenue (expense) (1,936) 16,607 (758)  
Income from continuing operations before taxes 14,331 24,117 49,493  
Income tax provision 0 0 0  
Net income 14,331 24,117 49,493  
Net loss (income) attributable to noncontrolling interests (7,003) (1,996) (12,372)  
Net income attributable to common shareholders 7,328 22,121 37,121  
RSO [Member] | Consolidation, Eliminations [Member]
       
COSTS AND EXPENSES:        
Costs and expenses   (722)    
Expenses of consolidated VIE - RSO 237   667  
Net loss (income) attributable to noncontrolling interests $ (7,211) $ (21,712) $ (36,387)