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CONSOLIDATING FINANCIAL INFORMATION (Consolidating Statements of Operations) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUES:        
Revenues from external customers $ 40,677 $ 41,504 $ 128,862 $ 126,455
COSTS AND EXPENSES:        
General and administrative 4,053 2,426 11,531 8,309
Provision for credit losses (400) 559 278 3,342
Depreciation and amortization 504 453 1,476 1,369
COSTS AND EXPENSES: 32,100 27,704 140,849 84,926
Expenses of consolidated VIE - RSO 15,994      
OPERATING INCOME (LOSS) 8,577 13,800 (11,987) 41,529
Impairment on investments in unconsolidated entities (151)   (4,497)  
Interest expense (450) (467) (1,326) (1,447)
Other income (expense), net 5,163 3,821 32,298 17,819
Total other revenue (expense) 4,562 3,423 26,475 16,811
Income (loss) from continuing operations before taxes 13,139 17,223 14,488 58,340
Income tax provision (benefit) (441) 1,504 6,425 4,324
Net income (loss) 13,580 15,719 8,063 54,016
Net income (loss) attributable to common shareholders (1,100) 1,516 (2,417) 5,224
Reportable Legal Entities [Member]        
REVENUES:        
Revenues from external customers (3,697)      
COSTS AND EXPENSES:        
COSTS AND EXPENSES: (3,077)      
Intersegment Eliminations [Member]        
REVENUES:        
Revenues from external customers (3,697) (4,136) (12,074) (10,056)
COSTS AND EXPENSES:        
COSTS AND EXPENSES: (3,077) (3,502) (9,813) (9,374)
Total other revenue (expense)   11 15 29
Consolidation, Eliminations [Member]        
REVENUES:        
Revenues from external customers (3,697) (4,136) (12,074) (10,056)
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: (3,077) (3,502) (9,813) (9,374)
Expenses of consolidated VIE - RSO 0      
OPERATING INCOME (LOSS) (620) (634) (2,261) (682)
Impairment on investments in unconsolidated entities 0   0  
Interest expense 0 0 0 0
Other income (expense), net (438) (561) (1,359) (1,687)
Total other revenue (expense) (438) (561) (1,359) (1,687)
Income (loss) from continuing operations before taxes (1,058) (1,195) (3,620) (2,369)
Income tax provision (benefit) 0 0 0 0
Net income (loss) (1,058) (1,195) (3,620) (2,369)
Net income (loss) attributable to common shareholders (7,757) (8,406) 10,800 (38,756)
RAI [Member]        
REVENUES:        
Real estate 16,195 14,289 54,277 41,012
Financial fund management 4,408 5,557 14,326 20,773
Commercial finance 66 (17) 66 (158)
Revenues from external customers 20,669 19,829 68,669 61,627
COSTS AND EXPENSES:        
Real estate 11,223 9,384 34,804 27,364
Financial fund management 3,369 2,812 9,513 9,980
Commercial finance 434 125 1,471 351
General and administrative 4,053 2,426 11,531 8,309
Provision for credit losses (400) 559 278 3,342
Depreciation and amortization 504 453 1,476 1,369
COSTS AND EXPENSES: 19,183 15,759 59,073 50,715
Impairment on investments in unconsolidated entities (151) 0 (4,497) 0
Gain (loss) on sale of investment securities, net 0 69 0 439
Interest expense (450) (467) (1,326) (1,447)
Other income (expense), net (52) 80 15 263
Income tax provision (benefit) 1,355 1,741 3,456 4,991
Net (income) loss attributable to noncontrolling interests (37) 11 (92) (33)
RAI [Member] | Reportable Legal Entities [Member]        
REVENUES:        
Real estate 16,195 14,289 54,277 41,012
Financial fund management 4,408 5,557 14,326 20,773
Commercial finance 66 (17)   (158)
Revenues from external customers 20,669 19,829 68,669 61,627
COSTS AND EXPENSES:        
Real estate 11,223 9,384 34,804 27,364
Financial fund management 3,369 2,812 9,513 9,980
Commercial finance 434 125 1,471 351
General and administrative 4,053 2,426 11,531 8,309
Provision for credit losses (400) 559 278 3,342
Depreciation and amortization 504 453 1,476 1,369
COSTS AND EXPENSES: 19,183 15,759 59,073 50,715
OPERATING INCOME (LOSS) 1,486 4,070 9,596 10,912
Impairment on investments in unconsolidated entities (151)   (4,497)  
Gain (loss) on sale of investment securities, net   69   439
Interest expense (450) (467) (1,326) (1,447)
Other income (expense), net 386 652 1,389 1,979
Total other revenue (expense) (215) 254 (4,434) 971
Income (loss) from continuing operations before taxes 1,271 4,324 5,162 11,883
Income tax provision (benefit) 1,355 1,741 3,456 4,991
Net income (loss) (84) 2,583 1,706 6,892
Net (income) loss attributable to noncontrolling interests (37) 11 (92) (33)
Net income (loss) attributable to common shareholders (121) 2,594 1,614 6,859
RAI [Member] | Consolidation, Eliminations [Member]        
COSTS AND EXPENSES:        
Interest expense   0    
Other income (expense), net (438) (572) (1,374) (1,716)
RSO [Member]        
REVENUES:        
Real estate 2,422 2,643 7,925 7,628
Financial fund management 1,372 1,525 4,260 2,485
Revenues from external customers 23,705 25,811 72,267 74,884
COSTS AND EXPENSES:        
General and administrative 4,372 3,716 13,222 11,305
Depreciation and amortization 628 562 1,814 2,158
COSTS AND EXPENSES: 15,994 15,447 91,589 43,585
Expenses of consolidated VIE - RSO 15,994 15,447 91,589 43,585
Impairment on investments in unconsolidated entities     (59) 0
Interest expense (16,906) (11,508) (47,611) (31,746)
Other income (expense), net 5,215 3,730 32,268 17,527
Total other revenue (expense) 5,215 3,730 32,268 17,527
Income tax provision (benefit) (1,796) (237) 2,969 (667)
Net (income) loss attributable to noncontrolling interests   (14,214)    
Net income (loss) attributable to common shareholders 14,722 14,331 9,977 49,493
RSO [Member] | Reportable Legal Entities [Member]        
REVENUES:        
Revenues from external customers 23,705 25,811 72,267 74,884
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: 15,994 15,447 91,589 43,585
Expenses of consolidated VIE - RSO 15,994   91,589 43,585
OPERATING INCOME (LOSS) 7,711 10,364 (19,322) 31,299
Impairment on investments in unconsolidated entities 0   0  
Interest expense 0 0 0 0
Other income (expense), net 5,215 3,730 32,268 17,527
Total other revenue (expense) 5,215 3,730 32,268 17,527
Income (loss) from continuing operations before taxes 12,926 14,094 12,946 48,826
Income tax provision (benefit) (1,796) (237) 2,969 (667)
Net income (loss) 14,722 14,331 9,977 49,493
Net (income) loss attributable to noncontrolling interests   (7,003)    
Net income (loss) attributable to common shareholders 6,778 7,328 (14,831) 37,121
RSO [Member] | Intersegment Eliminations [Member]        
REVENUES:        
Revenues from external customers (3,697) (4,136) (12,074) (10,056)
COSTS AND EXPENSES:        
COSTS AND EXPENSES: (3,077) (3,502) (9,813) (9,374)
RSO [Member] | Consolidation, Eliminations [Member]        
COSTS AND EXPENSES:        
COSTS AND EXPENSES:   0    
Expenses of consolidated VIE - RSO     0 0
Net (income) loss attributable to noncontrolling interests   (7,211)    
Variable Interest Entity, Primary Beneficiary [Member]        
COSTS AND EXPENSES:        
Net (income) loss attributable to noncontrolling interests (14,643) $ (14,214) (10,388) (48,759)
Variable Interest Entity, Primary Beneficiary [Member] | Reportable Legal Entities [Member]        
COSTS AND EXPENSES:        
Net (income) loss attributable to noncontrolling interests (7,944)   (24,808) (12,372)
Variable Interest Entity, Primary Beneficiary [Member] | Consolidation, Eliminations [Member]        
COSTS AND EXPENSES:        
Net (income) loss attributable to noncontrolling interests $ (6,699)   $ 14,420 $ (36,387)