Resource America (REXI) 10-K/A 22 Nov 13 2012 FY Annual report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2012	Dec. 03, 2012	Mar. 31, 2012
Document and Entity Information [Abstract]	'	'	'
Entity Registrant Name	'RESOURCE AMERICA, INC.	'	'
Entity Central Index Key	'0000083402	'	'
Current Fiscal Year End Date	'--09-30	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Public Float	'	'	$88,286
Entity Common Stock, Shares Outstanding	'	19,978,423	'
Document Fiscal Year Focus	'2012	'	'
Document Fiscal Period Focus	'FY	'	'
Document Type	'10-K/A	'	'
Amendment Flag	'true	'	'
Amendment Description	'The restatement reflects the consolidation of RSO which the Company previously treated as an unconsolidated variable interest entity.	'	'
Document Period End Date	30-Sep-12	'	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Sep. 30, 2010	Jun. 30, 2010	Mar. 31, 2010	Dec. 31, 2009	Sep. 30, 2009
In Thousands, unless otherwise specified
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	$19,393	$24,455	$28,553	$16,495	$14,530	$11,243	$9,164	$7,324	$8,409	$26,197
Restricted cash	'	20,257	'	'	'	'	'	'	'	'
Receivables from managed entities and related parties, net	34,418	52,117	'	'	'	'	'	'	'	'
Investments in commercial finance, net	'	192,012	'	'	0	'	'	'	'	'
Investments in real estate, net	19,149	19,942	'	'	'	'	'	'	'	'
Investment securities, at fair value	7,030	2,732	'	'	'	'	'	'	'	'
Investments in unconsolidated entities	12,993	12,710	'	'	'	'	'	'	'	'
Assets of consolidated variable interest entities (VIE) - RSO (see Note 26):	'	'	'	'	'	'	'	'	'	'
Investment securities, at fair value	7,030	2,732	'	'	'	'	'	'	'	'
Total assets of consolidated VIE - RSO	727	944	'	'	'	'	'	'	'	'
Property and equipment, net	2,732	6,998	'	'	'	'	'	'	'	'
Total assets	2,644,263	2,636,985	2,499,477	2,289,368	2,143,064	234,253	'	'	'	'
Liabilities:	'	'	'	'	'	'	'	'	'	'
Payables to managed entities and related parties	4,349	1,010	'	'	'	'	'	'	'	'
Borrowings	21,343	214,054	'	'	'	'	'	'	'	'
Liabilities of consolidated VIE - RSO (see Note 26):	'	'	'	'	'	'	'	'	'	'
Total liabilities of consolidated VIE - RSO	189	300	1,962,603	1,751,483	'	'	'	'	'	'
Total liabilities	1,907,007	2,108,287	1,962,603	1,751,483	1,603,461	'	'	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Equity:	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	0	0	0	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	294	281	281	281	274	'	'	'	'	'
Additional paid-in capital	285,844	281,686	281,372	280,906	282,062	'	'	'	'	'
Accumulated deficit	-25,857	-49,054	-44,892	-43,805	-34,298	'	'	'	'	'
Treasury stock, at cost; 9,756,955 and 9,126,966 shares, respectively	-102,457	-98,954	-98,874	-99,085	-99,245	'	'	'	'	'
Accumulated other comprehensive loss	-2,226	-2,369	-1,709	-1,653	-1,773	-2,599	'	'	'	'
Total stockholders’ equity	155,598	131,590	136,178	136,644	147,020	'	'	'	'	'
Total equity	737,256	528,698	536,874	537,885	539,603	461,193	'	'	'	140,141
Liabilities and equity	2,644,263	2,636,985	2,499,477	2,289,368	2,143,064	'	'	'	'	'
RAI [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	19,393	24,455	28,553	16,495	14,530	'	'	'	'	'
Restricted cash	642	20,257	17,767	21,446	5,401	'	'	'	'	'
Receivables	3,554	1,981	1,115	1,138	622	'	'	'	'	'
Receivables from managed entities and related parties, net	34,418	52,117	54,485	57,833	60,401	'	'	'	'	'
Investments in commercial finance, net	0	192,012	164,977	145,961	22,286	'	'	'	'	'
Investments in real estate, net	19,149	19,942	18,307	28,555	28,502	'	'	'	'	'
Investment securities, at fair value	7,030	2,732	3,159	3,332	3,678	'	'	'	'	'
Investments in unconsolidated loan manager (see Notes 1 and 9)	36,356	0	12,256	12,861	'	'	'	'	'	'
Investments in unconsolidated entities	12,993	12,710	12,256	12,861	14,387	'	'	'	'	'
Assets of consolidated variable interest entities (VIE) - RSO (see Note 26):	'	'	'	'	'	'	'	'	'	'
Investment securities, at fair value	7,030	2,732	3,159	3,332	3,678	'	'	'	'	'
Property and equipment, net	2,732	6,998	7,104	7,304	8,324	'	'	'	'	'
Deferred tax assets, net	27,770	43,915	39,784	39,989	36,625	'	'	'	'	'
Goodwill	0	7,969	7,969	7,969	7,969	'	'	'	'	'
Other assets	3,776	14,662	13,386	7,594	5,411	'	'	'	'	'
Liabilities:	'	'	'	'	'	'	'	'	'	'
Accrued expenses and other liabilities	23,042	40,887	39,545	34,409	30,348	'	'	'	'	'
Payables to managed entities and related parties	4,349	1,010	0	136	184	'	'	'	'	'
Borrowings	21,343	214,054	188,128	178,938	63,701	'	'	'	'	'
Liabilities of consolidated VIE - RSO (see Note 26):	'	'	'	'	'	'	'	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Equity:	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	'	'	'	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	294	281	'	'	'	'	'	'	'	'
Additional paid-in capital	285,844	281,686	'	'	'	'	'	'	'	'
Accumulated deficit	-25,857	-49,054	'	'	'	'	'	'	'	'
Treasury stock, at cost; 9,756,955 and 9,126,966 shares, respectively	-102,457	-98,954	'	'	'	'	'	'	'	'
Accumulated other comprehensive loss	-2,226	-2,369	'	'	'	'	'	'	'	'
Total stockholders’ equity	155,598	131,590	'	'	'	'	'	'	'	'
Noncontrolling interests	208	-1,269	-870	-335	-3,474	'	'	'	'	'
Total equity	737,256	528,698	'	'	'	'	'	'	'	'
Liabilities and equity	2,644,263	2,636,985	'	'	'	'	'	'	'	'
RSO [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Investment securities, at fair value	256,433	179,539	175,375	158,927	182,778	'	'	'	'	'
Assets of consolidated variable interest entities (VIE) - RSO (see Note 26):	'	'	'	'	'	'	'	'	'	'
Cash and cash equivalents (including restricted cash)	179,390	185,922	177,412	235,795	221,138	'	'	'	'	'
Investment securities, at fair value	256,433	179,539	175,375	158,927	182,778	'	'	'	'	'
Loans	1,849,321	1,776,109	1,682,252	1,465,053	1,486,549	'	'	'	'	'
Investments in real estate and consolidated entities	120,706	60,056	59,295	42,480	11,233	'	'	'	'	'
Other assets - RSO	70,600	35,609	36,281	36,636	33,230	'	'	'	'	'
Total assets of consolidated VIE - RSO	2,476,450	2,237,235	2,130,615	1,938,891	1,934,928	'	'	'	'	'
Liabilities of consolidated VIE - RSO (see Note 26):	'	'	'	'	'	'	'	'	'	'
Borrowings	1,785,600	1,794,083	1,549,674	1,473,202	1,463,701	'	'	'	'	'
Other liabilities	72,673	58,253	184,845	64,387	45,116	'	'	'	'	'
Total liabilities of consolidated VIE - RSO	1,858,273	1,852,336	'	'	'	'	'	'	'	'
Total liabilities	'	'	1,734,519	1,537,589	1,508,817	'	'	'	'	'
Equity:	'	'	'	'	'	'	'	'	'	'
Noncontrolling interests	$581,450	$398,377	$401,566	$401,576	$396,057	'	'	'	'	'

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Sep. 30, 2010
Equity:	'	'	'	'	'	'
Preferred stock, par value (in dollars per share)	$1	$1	$1	$1	$1	$1
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000
Preferred stock, shares outstanding (in shares)	0	0	0	0	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01	$0.01	$0.01	$0.01	$0.01
Common stock, shares authorized (in shares)	49,000,000	49,000,000	49,000,000	49,000,000	49,000,000	49,000,000
Common stock, shares issued (in shares)	29,866,664	28,779,998	28,760,970	28,740,931	28,171,720	28,167,909
Common stock restricted shares (in shares)	403,195	649,007	641,496	645,708	732,308	741,086
Treasury stock shares (in shares)	9,756,955	9,126,966	9,089,723	9,108,440	9,118,549	9,125,253

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)

0 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

In Thousands, except Per Share data, unless otherwise specified

Mar. 17, 2011

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

$39,374

$47,889

$35,811

$39,996

$42,430

$45,944

$43,276

$35,282

$25,238

$19,400

$25,422

$78,558

$44,822

$124,502

$70,060

$170,900

$166,932

$88,728

COSTS AND EXPENSES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

365

'

'

General and administrative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,460

11,522

'

(Gain) loss on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-37

-659

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,280

'

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17,246

10,661

5,209

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,653

10,739

'

Costs and expenses

'

'

'

'

'

'

30,874

37,380

26,878

30,372

21,276

21,002

64,258

42,278

95,132

72,650

130,626

131,539

96,920

OPERATING INCOME (LOSS)

'

3,985

16,238

5,810

13,478

6,023

15,070

5,896

8,404

-5,134

-1,876

4,420

14,300

2,544

29,370

-2,590

40,274

35,393

-8,192

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on deconsolidation and sale of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,291

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,520

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63

-1,198

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

'

'

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-4,741

-15,343

'

Other income (expense), net

'

'

'

'

'

'

-201

-4,460

3,215

-2,859

-3,955

-3,247

-1,245

-7,202

-1,446

-10,061

75,702

-6,153

-11,755

Income (loss) from continuing operations before taxes

'

'

'

'

'

'

14,869

1,436

11,619

-7,993

-5,831

1,173

13,055

-4,658

27,924

-12,651

115,976

29,240

-19,947

Income tax provision (benefit) - RAI

'

'

'

'

'

'

1,440

-119

1,167

'

'

'

1,048

'

2,488

'

28,114

7,429

'

Income (loss) from continuing operations

'

-239

15,622

46,215

11,625

-3,625

13,429

1,555

10,452

-6,589

-1,845

'

12,007

-1,257

25,436

-7,846

87,862

21,811

-17,297

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

-23

-2,153

'

-1

-2

'

-2,153

-2

-2,176

-3

-58

-2,202

622

Net income (loss)

'

-259

15,614

46,201

11,609

-3,651

13,406

-598

10,452

-6,590

-1,847

588

9,854

-1,259

23,260

-7,849

87,804

19,609

-16,675

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

513

513

625

1,275

615

'

1,138

998

1,651

2,273

223

2,111

'

Net income (loss) attributable to common shareholders

'

-433

-2,267

30,211

-2,382

-3,591

-517

-8,953

-1,502

-5,315

-1,232

971

-10,455

-261

-10,972

-5,576

25,507

-14,563

-13,451

Amounts attributable to common shareholders:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income (loss) from continuing operations

'

'

'

'

'

'

-494

-6,800

-1,502

-5,314

-1,230

'

-8,302

-259

-8,796

-5,573

25,565

-12,361

-14,073

Discontinued operations

-2,200

-20

-8

-14

-16

-26

-23

-2,153

0

-1

-2

'

-2,153

-2

-2,176

-3

-58

-2,202

622

Net income (loss)

'

-433

-2,267

30,211

-2,382

-3,591

-517

-8,953

-1,502

-5,315

-1,232

971

-10,455

-261

-10,972

-5,576

25,507

-14,563

-13,451

Basic earnings (loss) per share:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Continuing operations (in dollars per share)

'

($0.02)

($0.11)

$1.52

($0.12)

'

'

'

($80)

'

'

$50

'

'

'

'

$1.29

($0.64)

($0.74)

Discontinued operations (in dollars per share)

'

$0

$0

$0

$0

'

'

'

'

'

'

'

'

'

'

'

$0

($0.11)

$0.03

Net income (loss) (in dollars per share)

'

($0.02)

($0.11)

$1.52

($0.12)

'

'

'

'

'

'

'

'

'

'

'

$1.29

($0.75)

($0.71)

Weighted average shares outstanding (in shares)

'

'

'

'

'

'

'

'

19,076

'

'

18,689

'

'

'

'

19,740

19,525

18,942

Diluted earnings (loss) per share:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Continuing operations (in dollars per share)

'

($0.02)

($0.11)

$1.44

($0.12)

'

'

'

($80)

'

'

$50

'

'

'

'

$1.24

($0.64)

($0.74)

Discontinued operations (in dollars per share)

'

$0

$0

$0

$0

'

'

($0.11)

'

'

'

'

'

'

'

'

$0

($0.11)

$0.03

Net income (loss) (in dollars per share)

'

($0.02)

($0.11)

$1.44

($0.12)

'

'

'

'

'

'

'

'

'

'

'

$1.24

($0.75)

($0.71)

Weighted average shares outstanding (in shares)

'

'

'

'

'

'

19,741

19,355

19,076

19,140

19,089

18,962

19,213

18,888

19,389

18,972

20,634

19,525

18,942

RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate (includes revenues of $10,667 and $6,968 related to RSO)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,667,000

6,968,000

'

Financial fund management (includes revenues of $7,424 and $5,536 related to RSO)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,424,000

5,536,000

'

Commercial finance (includes revenues of $0 and $144 related to RSO)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

144,000

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income tax provision (benefit) - RAI

'

'

'

'

'

'

1,289

1,171

1,809

0

0

0

2,980

0

4,269

0

14,602

12,036

0

Net loss attributable to noncontrolling interests

'

-367

-17,917

-15,945

-14,030

-400

-14,436

-8,868

-12,579

0

0

0

-21,447

0

-35,883

0

-62,520

-36,283

0

Reportable Legal Entities [Member] | RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate (includes revenues of $10,667 and $6,968 related to RSO)

'

'

'

'

'

'

2,085

1,202

1,363

2,945

880

1,793

2,565

2,673

4,650

5,618

'

'

'

Financial fund management (includes revenues of $7,424 and $5,536 related to RSO)

'

'

'

'

'

'

721

1,535

2,402

1,257

267

672

3,937

939

4,658

2,197

'

'

'

Commercial finance (includes revenues of $0 and $144 related to RSO)

'

'

'

'

'

'

0

'

144

139

'

24

'

'

144

287

'

'

'

Total revenues

'

25,211

35,669

26,262

28,726

25,211

21,987

26,150

22,638

0

0

0

48,788

0

70,775

0

123,698

95,986

0

COSTS AND EXPENSES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

(Gain) loss on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Costs and expenses

'

'

'

'

'

'

9,631

15,743

7,698

0

0

0

23,441

0

33,072

0

63,850

50,103

0

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on deconsolidation and sale of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other (expense) income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,197

3,869

0

Other income (expense), net

'

'

'

'

'

'

3,875

-17

11

0

0

0

-6

0

3,869

0

19,197

3,869

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-62,520

'

'

Consolidation, Eliminations [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

-4,501

-4,988

-4,235

-3,510

-4,181

-3,632

-3,221

-4,036

0

0

0

-7,257

0

-10,889

0

-17,234

-15,070

0

COSTS AND EXPENSES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

(Gain) loss on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Costs and expenses

'

'

'

'

'

'

-2,582

-2,389

-3,110

0

0

0

-5,499

0

-8,081

0

-16,360

-11,061

0

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on deconsolidation and sale of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other (expense) income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

227

212

0

Other income (expense), net

'

'

'

'

'

'

$34

$36

$39

$0

$0

$0

$75

$0

$109

$0

$227

$212

'

CONSOLIDATED_STATEMENT_OF_CHAN

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (USD $)	Total	RAI [Member]	RSO [Member]	Total Stockholders' Equity [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Noncontrolling Interests [Member]	Noncontrolling Interests [Member]
In Thousands, unless otherwise specified										RAI [Member]	RSO [Member]
Balance at Sep. 30, 2009	$140,141	'	'	$139,818	$272	$277,944	($22,471)	($100,367)	($15,560)	$323	$0
Increase (Decrease) Equity [Roll Forward]	'	'	'	'	'	'	'	'	'	'	'
Net income (loss)	-16,675	'	'	-13,451	0	0	-13,451	0	0	-3,224	0
Issuance of common shares	58	'	'	58	2	56	0	0	0	0	0
Treasury shares issued	382	'	'	382	0	-655	0	1,037	0	0	0
Stock-based compensation	226	'	'	226	0	226	0	0	0	0	0
Restricted stock awards	2,811	'	'	2,765	0	2,765	0	0	0	46	0
Issuance of warrants in Senior Notes offering	1,042	'	'	1,042	0	1,042	0	0	0	0	0
Cash dividends	-1,636	'	'	-1,636	0	0	-1,636	0	0	0	0
Other	7	'	'	0	0	0	0	0	0	7	0
Other comprehensive income (loss)	2,728	2,728	0	2,753	0	0	0	0	2,753	-25	0
Balance at Sep. 30, 2010 (As Previously Reported [Member])	129,084	'	'	131,957	274	281,378	-37,558	-99,330	-12,807	-2,873	0
Balance (Restatement Adjustments [Member])	332,109	'	'	15,521	0	0	5,313	0	10,208	0	316,588
Balance at Sep. 30, 2010	461,193	'	'	147,478	274	281,378	-32,245	-99,330	-2,599	-2,873	316,588
Increase (Decrease) Equity [Roll Forward]	'	'	'	'	'	'	'	'	'	'	'
Net income (loss)	19,609	'	'	-14,563	0	0	-14,563	0	0	-2,111	36,283
Net income (loss) at Oct. 01, 2010 (As Previously Reported [Member])	-7,429	'	'	'	'	'	'	'	'	'	'
Issuance of common shares	1,914	'	'	1,914	7	1,907	0	0	0	0	0
Treasury shares issued	297	'	'	297	0	-320	0	617	0	0	0
Stock-based compensation	2,228	'	'	2,188	0	2,188	0	0	0	40	0
Repurchase of common stock	-241	'	'	-241	0	0	0	-241	0	0	0
Cash dividends	-2,246	'	'	-2,246	0	0	-2,246	0	0	0	0
Change in non controlling interests in consolidated VIE - RSO	57,915	'	'	0	0	0	0	0	0	0	57,915
Other	232	'	'	-3,467	0	-3,467	0	0	0	3,699	0
Other comprehensive income (loss)	-12,203	206	-12,409	230	0	0	0	0	230	-24	-12,409
Other comprehensive income (loss) at Oct. 01, 2010 (As Previously Reported [Member])	-1,830	-1,830	0	'	'	'	'	'	'	'	'
Balance at Sep. 30, 2011 (As Previously Reported [Member])	'	157,728	'	'	'	'	'	'	'	'	'
Balance at Sep. 30, 2011	528,698	528,698	'	131,590	281	281,686	-49,054	-98,954	-2,369	-1,269	398,377
Increase (Decrease) Equity [Roll Forward]	'	'	'	'	'	'	'	'	'	'	'
Net income (loss)	87,804	'	'	25,507	0	0	25,507	0	0	-223	62,520
Net income (loss) at Oct. 01, 2011 (As Previously Reported [Member])	26,182	'	'	'	'	'	'	'	'	'	'
Issuance of common shares	3,843	'	'	3,843	13	3,830	0	0	0	0	0
Treasury shares issued	290	'	'	290	0	-249	0	539	0	0	0
Stock-based compensation	1,286	'	'	1,286	0	1,286	0	0	0	0	0
Repurchase of common stock	-4,042	'	'	-4,042	0	0	0	-4,042	0	0	0
Cash dividends	-2,310	'	'	-2,310	0	0	-2,310	0	0	0	0
Change in non controlling interests in consolidated VIE - RSO	101,304	'	'	0	0	0	0	0	0	0	101,304
Other	3	'	'	0	0	0	0	0	0	3	0
Deconsolidation of LEAF (see Note 1)	939	'	'	-709	0	-709	0	0	0	1,648	0
Other comprehensive income (loss)	19,441	192	19,249	143	0	0	0	0	143	49	19,249
Other comprehensive income (loss) at Oct. 01, 2011 (As Previously Reported [Member])	1,582	1,582	0	'	'	'	'	'	'	'	'
Balance at Sep. 30, 2012 (As Previously Reported [Member])	'	146,301	'	'	'	'	'	'	'	'	'
Balance at Sep. 30, 2012	$737,256	$737,256	'	$155,598	$294	$285,844	($25,857)	($102,457)	($2,226)	$208	$581,450

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSINVE INCOME (LOSS) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Net income (loss)

($259)

$15,614

$46,201

$11,609

($3,651)

$13,406

($598)

$10,452

($6,590)

($1,847)

$588

$9,854

($1,259)

$23,260

($7,849)

$87,804

$19,609

($16,675)

Current period changes for investment securities available- for- sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17

376

'

Pension and other postretirement benefit plans, adjustment, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

-463

'

Foreign currency translation gain (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

368

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,441

-12,203

2,728

Comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

107,245

7,406

-13,947

Comprehensive (income) loss attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-81,595

-21,739

3,249

Comprehensive income (loss) attributable to common shareholders

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

25,650

-14,333

-10,698

RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrealized gain (loss) on investment securities available-for-sale, net of tax of $(17), $(326) and $1,481

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-28

-528

2,160

Less: reclassification for losses realized, net of tax of $28, $566 and $568

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

45

904

870

Current period changes for investment securities available- for- sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17

376

3,030

Minimum pension liability adjustments, net of tax of $(221), $(432) and $(223)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-289

-632

-257

Less: reclassification for losses realized, net of tax of $164 ,$129 and $116

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

215

169

147

Pension and other postretirement benefit plans, adjustment, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

-463

-110

Unrealized gain (loss) on hedging contracts, net of tax of $13, $(58) and $109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-6

-75

192

Deconsolidation of LEAF- unrealized loss on hedging contracts, net of tax of $174

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

255

0

0

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

249

-75

192

Foreign currency translation gain (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

368

-384

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

192

206

2,728

RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrealized gain (loss) on investment securities available-for-sale, net of tax of $(17), $(326) and $1,481

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

18,770

-13,798

0

Less: reclassification for losses realized, net of tax of $28, $566 and $568

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,728

1,080

0

Unrealized gain (loss) on hedging contracts, net of tax of $13, $(58) and $109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,476

82

0

Reclassification adjustments associated with unrealized losses from interest rate hedges included in net income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

227

227

0

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$19,249

($12,409)

$0

CONSOLIDATED_STATEMENTS_OF_COM1

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (PARENTHETICAL) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Tax on unrealized (loss) gain on investment securities available-for-sale	($17)	($326)	$1,481
Tax on reclassification for realized losses	28	566	568
Tax on minimum pension liability adjustment	-221	-432	-223
Tax on reclassification for realized losses	164	129	116
Tax on unrealized (loss) gain on hedging contracts	13	-58	109
Tax on unrealized loss on hedging contract, disconsolidation	$174	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended		6 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2010	Dec. 31, 2009	Mar. 31, 2011	Mar. 31, 2010	Jun. 30, 2011	Jun. 30, 2010	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'	'	'	'	'	'	'
Net income (loss)	$10,452,000	$588,000	$9,854,000	($1,259,000)	$23,260,000	($7,849,000)	$87,804,000	$19,609,000	($16,675,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'	'	'	'
Impairment charges	'	'	'	'	'	'	2,280,000	'	'
Provision for credit losses	'	'	'	'	'	'	17,246,000	10,661,000	5,209,000
Equity in earnings of unconsolidated entities	'	'	'	'	'	'	-3,439,000	-10,377,000	'
(Gain) loss on sale of leases and loans	'	'	'	'	'	'	-37,000	-659,000	'
Other-than-temporary impairment losses recognized in earnings	'	'	'	'	'	'	74,000	'	'
Gain on sale and deconsolidation of subsidiaries	'	'	'	'	'	'	-63,291,000	'	'
Loss on extinguishment of debt	'	'	'	'	'	'	2,190,000	'	'
Gain on sale of management contract	'	'	'	'	'	'	'	-6,520,000	'
Loss (income) from discontinued operations	'	'	2,153,000	2,000	2,176,000	3,000	58,000	2,202,000	-622,000
Net cash used in operating activities	-20,263,000	-1,153,000	-465,000	26,892,000	18,067,000	22,986,000	-5,447,000	15,186,000	26,439,000
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'	'	'	'
Net cash provided by (used in) investing activities	-58,803,000	516,000	-100,904,000	1,969,000	-137,653,000	7,856,000	105,965,000	-473,884,000	-2,520,000
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'	'	'	'
Net cash (used in) provided by financing activities	82,353,000	-17,151,000	106,569,000	-47,734,000	137,077,000	-47,872,000	-104,295,000	473,178,000	-38,873,000
CASH FLOWS FROM DISCONTINUED OPERATIONS:	'	'	'	'	'	'	'	'	'
Operating activities	'	'	'	'	'	'	-1,285,000	-1,268,000	0
Net cash used in discontinued operations	'	'	52,000	0	-181,000	-3,000	-1,285,000	-1,268,000	0
(Decrease) increase in cash	3,287,000	-17,788,000	5,252,000	-18,873,000	17,310,000	-17,033,000	-5,062,000	13,212,000	-14,954,000
Cash, beginning of year	11,243,000	26,197,000	11,243,000	26,197,000	11,243,000	26,197,000	24,455,000	11,243,000	26,197,000
Cash, end of year	14,530,000	8,409,000	16,495,000	7,324,000	28,553,000	9,164,000	19,393,000	24,455,000	11,243,000
RAI [Member]	'	'	'	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'	'	'	'
Depreciation and amortization	1,999,000	3,173,000	6,331,000	6,721,000	10,955,000	10,192,000	4,875,000	15,868,000	12,088,000
Impairment charges	'	'	0	297,000	0	364,000	2,280,000	0	2,828,000
Provision for credit losses	2,405,000	776,000	5,124,000	1,986,000	8,600,000	3,414,000	17,246,000	11,460,000	5,209,000
Unrealized gain on trading securities	'	'	'	'	'	'	-1,108,000	0	0
Equity in earnings of unconsolidated entities	-1,427,000	-3,405,000	-1,944,000	-3,441,000	-9,367,000	-4,098,000	-3,439,000	-10,377,000	-4,870,000
Distributions from unconsolidated entities	663,000	1,261,000	2,751,000	2,701,000	5,018,000	3,823,000	3,463,000	4,522,000	5,104,000
(Gain) loss on sale of leases and loans	-11,000	582,000	-263,000	551,000	-357,000	7,705,000	-37,000	-659,000	8,097,000
Other-than-temporary impairment losses recognized in earnings	'	'	'	'	'	'	74,000	0	809,000
(Gain) loss on sale of loans and investment securities, net	1,461,000	0	1,364,000	424,000	1,282,000	451,000	-972,000	1,198,000	451,000
Gain on sale of assets	0	-244,000	0	-287,000	0	-2,040,000	-84,000	-196,000	-2,870,000
Gain on sale and deconsolidation of subsidiaries	'	'	'	'	'	'	-63,291,000	0	0
Loss on extinguishment of debt	'	'	'	'	'	'	2,190,000	0	0
Gain on sale of management contract	-6,520,000	0	-6,520,000	0	-6,520,000	0	0	-6,520,000	0
Deferred income tax provision	422,000	34,000	-3,065,000	33,000	-1,667,000	29,000	13,393,000	-5,657,000	-4,564,000
Equity-based compensation issued	781,000	1,120,000	1,401,000	2,014,000	1,963,000	2,874,000	1,286,000	2,525,000	3,573,000
Equity-based compensation received	0	-375,000	0	-375,000	0	-1,118,000	0	0	-1,441,000
Trading securities purchases and sales, net	'	'	'	'	'	'	-1,048,000	0	0
Decrease in commercial finance investments	0	8,386,000	0	37,182,000	0	30,959,000	0	0	17,603,000
Loss (income) from discontinued operations	'	'	2,153,000	2,000	2,176,000	3,000	58,000	2,202,000	-622,000
Changes in operating assets and liabilities	-611,000	-13,049,000	-1,047,000	-19,657,000	-2,983,000	-21,723,000	-2,911,000	-2,624,000	1,719,000
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'	'	'	'
Capital expenditures	-38,000	-118,000	-411,000	-236,000	-739,000	-320,000	-222,000	-1,165,000	-782,000
Payments received on real estate loans and real estate	'	'	0	2,885,000	16,291,000	8,355,000	1,726,000	16,487,000	9,205,000
Investments in unconsolidated real estate entities	-283,000	0	-419,000	-1,512,000	-854,000	-1,908,000	-1,608,000	-2,371,000	-1,821,000
Purchase of commercial finance assets	-10,690,000	0	-25,790,000	0	-65,762,000	0	-18,483,000	-105,777,000	-11,771,000
Principal payments received on leases and loans	'	'	0	333,000	18,732,000	0	9,043,000	29,056,000	0
Purchase of loans and investments	0	-1,640,000	0	-1,011,000	0	-1,011,000	-1,874,000	0	-1,445,000
Cash divested on deconsolidation of LEAF	'	'	'	'	'	'	-2,284,000	0	0
Net proceeds from sale of Apidos and cash divested on deconsolidation	'	'	'	'	'	'	17,860,000	0	0
Proceeds from sale of management contract	9,095,000	0	9,095,000	0	9,095,000	0	0	9,095,000	0
Proceeds from sale of loans and investments	2,946,000	2,274,000	3,341,000	1,510,000	3,534,000	2,740,000	262,000	3,779,000	4,094,000
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'	'	'	'
Increase in borrowings	1,000,000	45,701,000	31,000,000	71,001,000	66,217,000	81,802,000	128,845,000	106,043,000	103,401,000
Principal payments on borrowings	-1,908,000	-62,326,000	-13,756,000	-116,525,000	-45,776,000	-127,889,000	-129,416,000	-55,778,000	-128,767,000
Dividends paid	-551,000	-540,000	-1,105,000	-1,088,000	-1,675,000	-1,087,000	-2,310,000	-2,246,000	-1,636,000
Proceeds from issuance of common stock	'	'	1,853,000	58,000	1,914,000	58,000	2,131,000	1,914,000	58,000
Repurchase of common stock	'	'	'	'	'	'	-2,324,000	-241,000	0
(Increase) decrease in restricted cash	6,617,000	510,000	-3,518,000	194,000	4,947,000	1,068,000	-664,000	4,530,000	-9,277,000
Other	73,000	-496,000	-1,075,000	-1,374,000	-1,992,000	-1,824,000	-2,275,000	-2,299,000	-2,652,000
CASH FLOWS FROM DISCONTINUED OPERATIONS:	'	'	'	'	'	'	'	'	'
Operating activities	'	'	52,000	0	-181,000	-3,000	-1,285,000	-1,268,000	'
Cash, beginning of year	'	'	'	'	'	'	24,455,000	'	'
Cash, end of year	14,530,000	'	16,495,000	'	28,553,000	'	19,393,000	24,455,000	'
RSO [Member]	'	'	'	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'	'	'	'
Change in cash attributable to operations of consolidated VIE - RSO	-29,877,000	0	-16,604,000	0	-14,293,000	0	-65,226,000	-16,165,000	0
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'	'	'	'
Purchase of loans and investments	-213,887,000	0	-436,374,000	0	-592,226,000	0	-769,762,000	-1,072,132,000	0
Principal payments and proceeds from sales received by consolidated VIE - RSO	145,670,000	0	295,166,000	0	370,238,000	0	822,476,000	663,663,000	0
Increase in restricted cash of consolidated VIE - RSO	-4,053,000	0	-20,023,000	0	22,334,000	0	50,756,000	31,014,000	0
Other investing activity of consolidated VIE - RSO	12,437,000	0	74,511,000	0	81,704,000	0	-1,925,000	-45,533,000	0
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'	'	'	'
Net (repayments) borrowings of debt by consolidated VIE - RSO	15,109,000	0	23,687,000	0	50,411,000	0	-207,149,000	358,029,000	0
Dividends paid on common stock by consolidated VIE - RSO	-13,944,000	0	-30,922,000	0	-48,877,000	0	-71,876,000	-67,414,000	0
Proceeds from issuance of common stock	76,619,000	0	100,946,000	0	112,449,000	0	171,056,000	129,911,000	0
Other	($662,000)	$0	($541,000)	$0	($541,000)	$0	$9,687,000	$729,000	$0

NATURE_OF_OPERATIONS

NATURE OF OPERATIONS	12 Months Ended
	Sep. 30, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
NATURE OF OPERATIONS	'
	NATURE OF OPERATIONS
	Resource America, Inc. (the "Company") (NASDAQ: REXI) is a specialized asset management company that uses industry specific expertise to evaluate, originate, service and manage investment opportunities through its real estate, financial fund management, and commercial finance operating segments. As a specialized asset manager, the Company seeks to develop investment funds for outside investors for which the Company provides asset management services, typically under long-term management and operating arrangements either through a contract with, or as the manager or general partner of, the sponsored fund. The Company limits its investment funds to investment areas where it owns existing operating companies or has specific expertise. The Company manages assets on behalf of institutional and individual investors and Resource Capital Corp. (“RSO”) (NYSE: RSO), a diversified real estate finance company that qualifies as a real estate investment trust (“REIT”). RSO has been reflected on a consolidated basis with our financial statements for the fiscal years ended September 30, 2011 and 2012 on a calendar year basis for both years (see Notes 2 and 26).
	All references to “fiscal”, unless otherwise noted, refer to the Company's fiscal year, which ends on September 30. For example, a reference to “fiscal 2012” means the 12-month period that ended on September 30, 2012. All references to quarters, unless otherwise noted, refer to the quarters of the Company's fiscal year.
	The Company conducts real estate operations through the following subsidiaries:
	•	Resource Capital Partners, Inc. acts as the general partner for most of the Company's real estate investment entities and provides asset management services to the entire portfolio;
	•	Resource Real Estate Management, Inc. (“Resource Residential”) provides property management services to the entire multifamily apartment portfolio, including fund assets, distressed assets and joint venture assets;
	•	Resource Real Estate Funding, Inc., on behalf of RSO, manages the commercial real estate debt portfolio comprised principally of A notes, whole mortgage loans, mortgage participations, B notes, mezzanine debt and related commercial real estate securities. In addition, it manages a separate portfolio of discounted real estate and real estate loans; and
	•	Resource Real Estate, Inc. manages loans, owned assets and ventures, which are collectively referred to as the “legacy portfolio.”
	The Company conducts its financial fund management operations primarily through the following six operating entities:
	•	CVC Credit Partners, L.P. ("CVC Credit Partners"), a joint venture between the Company and an unrelated third-party, finances, structures and manages investments in bank loans, high yield bonds and equity investments through issuers of collateralized loan obligations (“CLOs”), managed accounts and a credit opportunities fund. Prior to April 17, 2012, the Company conducted these operations through Apidos Capital Management, LLC. ("Apidos") and subsequent to the formation of the joint venture, this entity is referred to as Apidos-CVC;
	•	Trapeza Capital Management, LLC (“TCM”), a joint venture between the Company with an unrelated third-party, originates, structures, finances and manages investments in trust preferred securities and senior debt securities of banks, bank holding companies, insurance companies and other financial companies through collateralized debt obligations ("CDOs") issuers and related partnerships. TCM together with the Trapeza CDO issuers and Trapeza partnerships, are collectively referred to as Trapeza;
	•	Resource Financial Institutions Group, Inc. (“RFIG”), serves as the general partner for seven company-sponsored affiliated partnerships which invest in financial institutions;
	•	Ischus Capital Management, LLC (“Ischus”), finances, structures and manages investments in asset-backed securities (“ABS”) including residential mortgage-backed securities (“RMBS”) and commercial mortgage-backed securities (“CMBS”);
	•	Resource Capital Markets, Inc., through the Company's registered broker-dealer subsidiary, Resource Securities, Inc. (formerly Chadwick Securities, Inc., or “Resource Securities”), acts as an agent in the primary and secondary markets for structured finance securities and manages accounts for institutional investors; and
	•	Resource Capital Manager, Inc. (“RCM”), an indirect wholly-owned subsidiary, provides investment management and administrative services to RSO under a management agreement between RCM and RSO.
	The Company conducts its commercial finance operations through LEAF Commercial Capital, Inc. (“LEAF”) and LEAF Financial Corporation (“LEAF Financial”). LEAF Financial sponsored and manages four publicly-held investment entities as the general and limited partner or managing member and originated and acts as the servicer of the leases and loans sold to those entities.
	LEAF. In January 2011, the Company formed LEAF to conduct its equipment lease origination and servicing operations and to obtain outside equity and debt financing sources. LEAF Financial retained the management of the four equipment leasing partnerships, which are sub-serviced by LEAF. On November 16, 2011, the Company and LEAF, together with RSO, entered into a stock purchase agreement and related agreements (collectively the “November 2011 LEAF Transaction”) with Eos Partners, L.P., a private investment firm, and its affiliates (“Eos”). Pursuant to the November 2011 LEAF Transaction, Eos invested $50.0 million in cash in LEAF in exchange for 50,000 shares of newly-issued 12% Series A Participating Preferred Stock (the “Series A Preferred Stock”) and warrants to purchase 2,954 shares of LEAF common stock for an exercise price of $0.01 per share, collectively representing, on a fully-diluted basis, a 45.1% interest in LEAF. In exchange for its prior interest in LEAF, RSO received 31,341 shares of Series A Preferred Stock, 4,872 shares of newly-issued 8% Series B Redeemable Preferred Stock and 2,364 shares of newly-issued Series D Redeemable Preferred Stock, collectively representing, on a fully-diluted basis, a 26.7% interest in LEAF. The Company retained 18,414 shares of LEAF common stock, representing a fully-diluted interest of 15.7%, and senior management of LEAF maintained a 10% fully-diluted interest. Additional warrants were provided to LEAF's lender in accordance with a financing agreement, which reduced the Company's investment to 14.9% on a fully-diluted basis. As a result of the November 2011 LEAF Transaction, the Company deconsolidated LEAF (see Note 4) and has accounted for its investment in LEAF on the equity method beginning on November 17, 2011. In conjunction with the transaction and resulting deconsolidation of LEAF, the Company recorded a gain of $8.7 million.
	Apidos. On April 17, 2012, the Company sold all of its common equity interests in Apidos to CVC Capital Partners SICAV-FIS, S.A., a private equity firm (“CVC”). Pursuant to the sale and purchase agreement and related agreements between the Company and CVC dated as of December 29, 2011, the Company sold Apidos in exchange for (i) $25.0 million in cash, (ii) a 33% limited partner interest in CVC Credit Partners, a Cayman Islands limited partnership jointly owned by the Company and CVC, and (iii) a 33% interest in CVC Credit Partners' general partner, a Jersey corporation.  Prior to the closing, CVC contributed its credit management subsidiary to CVC Credit Partners. The Company also retained a preferred equity interest in Apidos-CVC, which entitles it to receive distributions from CVC Credit Partners equal to 75% of the incentive management fees from the legacy Apidos portfolios. The Company recorded a $54.5 million net gain on the sale of Apidos, including the investments in CVC Credit Partners and Apidos-CVC preferred equity at their fair value totaling $34.8 million. At September 30, 2012, these investments were reflected as Investments in Unconsolidated Loan Manager on the consolidated balance sheets.

RESTATED_FINANCIALS_Notes

RESTATED FINANCIALS (Notes)	12 Months Ended
	Sep. 30, 2012
Restated Financials [Abstract]	'
RESTATEMENT OF CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEARS ENDED AND AS OF SEPTEMBER 30, 2012 and 2011	'
	RESTATEMENT OF CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEARS
	ENDED AND AS OF SEPTEMBER 30, 2012 and 2011
	On September 19, 2013, the Audit Committee of the Board of Directors of Resource America, Inc. (the “Company”) concluded that it was necessary to restate the audited financial statements set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2012 and the unaudited financial statements in its Quarterly Reports on Form 10-Q for each of the quarters ended December 31, 2012, March 31, 2013 and June 30, 2013 (collectively, the “Financial Statements”) to consolidate Resource Capital Corp. (“RSO”). The Company owned 2.65% and 3.24% of outstanding RSO common stock as of September 30, 2012 and 2011, respectively.
	Impact related to the consolidation of differing periods. The restated consolidating financial statements that follow reflect the consolidation of the Company’s net assets and results of its operations as of and for the fiscal year ended September 30, 2012 and 2011 with that of RSO as of and for the calendar year ended December 31, 2012 and 2011. This is the only filing by the Company that reflects the consolidation of RAI and RSO on non-conforming periods; all future filings of the Company will reflect the consolidation for conformed periods. The impact of consolidating the mismatched periods to the Company’s net income attributable to common shareholders was an adjustment of $(2.6) million and $747,000, respectively, for the fiscal years ended September 30, 2012 and 2011. These differences are primarily due to the following (in thousands):
	•	total revenues were adjusted by $(385,000) and $295,000, respectively, reflecting $(502,000) and $502,000, respectively, of preferred stock dividends and interest income reflected by RSO from LEAF Commercial Capital, Inc. (“LEAF”) offset, in part, by $211,000 and $(214,000), respectively, of management fees from RSO to the Company for managing a portfolio of collateralized debt obligations (“CLOs”) on behalf of RSO; and
	•	total expenses were adjusted by $2.2 million and $452,000, respectively, primarily reflecting the base and incentive management fees from RSO to the Company. The incentive management fees are based on the adjusted operating earnings of RSO and, accordingly, will vary by quarter.
	Impact of the RSO consolidation on income attributable to common shareholders. The overall impact of consolidating RSO for the fiscal years ended September 30, 2012 and 2011 is summarized as follows (in thousands):
	•	a decrease of $2.2 million and $2.5 million, respectively, related to the elimination of dividends recorded by the Company on its investment in RSO common stock;
	•	an increase of $1.8 million and $1.4 million, respectively, reflecting the Company's interest in the earnings of RSO, net of the portion attributable to noncontrolling interests; and
	•	As previously filed for the fiscal year ended September 30, 2011, the Company had reflected a gain of $4.4 million on the reversal of a service liability recorded by LEAF on the sale of a commercial lease portfolio to RSO. In the recapitalization of LEAF, this portfolio was contributed by RSO back to LEAF and the liability was extinguished. In addition, there was a $799,000 adjustment to the provision for credit losses on this portfolio that was eliminated in the RSO consolidation.
	The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidated balance sheet for the fiscal year ended September 30, 2012, which incorporates RSO as of December 31, 2012 (in thousands):
					Restatement Adjustments
		As Previously Reported			RSO			Eliminations			As Restated
	ASSETS
	Cash	$	19,393		$	—		$	—		$	19,393
	Restricted cash	642			—			—			642
	Receivables	3,554			—			—			3,554
	Receivables from managed entities and related parties, net	41,051			—			(6,633		)	34,418
	Investments in real estate, net	19,149			—						19,149
	Investment securities, at fair value	22,532			—			(15,502		)	7,030
	Investments in unconsolidated loan manager (see Notes 1 and 9)	36,356			—						36,356
	Investments in unconsolidated entities	12,993			—						12,993
	Assets of consolidated variable interest entities ("VIE") - RSO:
	Cash and cash equivalents (including restricted cash)	—			179,390			—			179,390
	Investments, at fair value	—			256,433			—			256,433
	Loans	—			1,850,998			(1,677		)	1,849,321
	Investments in real estate and consolidated entities	—			120,799			(93		)	120,706
	Other assets - RSO	—			70,631			(31		)	70,600
	Total assets of consolidated VIE - RSO	—			2,478,251			(1,801		)	2,476,450
	Property and equipment, net	2,732			—			—			2,732
	Deferred tax assets, net	34,565			—			(6,795		)	27,770
	Other assets	3,776			—						3,776
	Total assets	$	196,743		$	2,478,251		$	(30,731	)	$	2,644,263
	LIABILITIES AND EQUITY
	Liabilities:
	Accrued expenses and other liabilities	$	23,042		$	—		$	—		$	23,042
	Payables to managed entities and related parties	4,380			—			(31		)	4,349
	Borrowings	23,020			—			(1,677		)	21,343
	Liabilities of consolidated VIE - RSO:
	Borrowings	—			1,785,600			—			1,785,600
	Other liabilities	—			79,306			(6,633		)	72,673
	Total liabilities	50,442			1,864,906			(8,341		)	1,907,007
	Commitments and contingencies
	Equity:
	Preferred stock	—			—			—			—
	Common stock	294			—			—			294
	Additional paid-in capital	285,844			—			—			285,844
	Accumulated deficit	(24,508		)	—			(1,349		)	(25,857		)
	Treasury stock, at cost	(102,457		)	—			—			(102,457		)
	Accumulated other comprehensive loss	(13,080		)	—			10,854			(2,226		)
	Total stockholders’ equity	146,093			—			9,505			155,598
	Noncontrolling interests	208			—			—			208
	Noncontrolling interest attributable to RSO	—			613,345			(31,895		)	581,450
	Total equity	146,301			613,345			(22,390		)	737,256
		$	196,743		$	2,478,251		$	(30,731	)	$	2,644,263
	The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating balance sheet for the fiscal year ended September 30, 2011, which incorporates RSO as of December 31, 2011 (in thousands):
					Restatement Adjustments
		As Previously Reported			RSO			Eliminations			As Restated
	ASSETS
	Cash	$	24,455		$	—		$	—		$	24,455
	Restricted cash	20,257			—			—			20,257
	Receivables	1,981			—			—			1,981
	Receivables from managed entities and related parties, net	54,815			—			(2,698		)	52,117
Investments in commercial finance, net	192,012			—			—			192,012
Investments in real estate, net	19,942			—			—			19,942
Investment securities, at fair value	15,124			—			(12,392		)	2,732
Investments in unconsolidated entities	12,710			—			—			12,710
Assets of consolidated variable interest entities ("VIE") - RSO:
Cash and cash equivalents (including restricted cash)	—			185,922			—			185,922
Investments, at fair value	—			179,539			—			179,539
Loans	—			1,784,714			(8,605		)	1,776,109
Investments in real estate and consolidated entities	—			98,906			(38,850		)	60,056
Other assets - RSO	—			35,643			(34		)	35,609
Total assets of consolidated VIE - RSO	—			2,284,724			(47,489		)	2,237,235
Property and equipment, net	6,998			—			—			6,998
Deferred tax assets, net	51,581			—			(7,666		)	43,915
Goodwill	7,969			—			—			7,969
Other assets	14,662			—			—			14,662
Total assets	$	422,506		$	2,284,724		$	(70,245	)	$	2,636,985
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	40,887		$	—		$	—		$	40,887
Payables to managed entities and related parties	1,232			—			(222		)	1,010
Borrowings	222,659			—			(8,605		)	214,054
Liabilities of consolidated VIE - RSO:
Borrowings	—			1,794,083			—			1,794,083
Other liabilities	—			60,951			(2,698		)	58,253
Total liabilities	264,778			1,855,034			(11,525		)	2,108,287
Commitments and contingencies
Equity:
Preferred stock	—			—			—			—
Common stock	281			—			—			281
Additional paid-in capital	281,686			—			—			281,686
Accumulated deficit	(48,032		)	—			(1,022		)	(49,054		)
Treasury stock, at cost	(98,954		)	—			—			(98,954		)
Accumulated other comprehensive loss	(14,613		)	—			12,244			(2,369		)
Total stockholders’ equity	120,368			—			11,222			131,590
Noncontrolling interests	37,360			—			(38,629		)	(1,269		)
Noncontrolling interest attributable to RSO	—			429,690			(31,313		)	398,377
Total equity	157,728			429,690			(58,720		)	528,698
	$	422,506		$	2,284,724		$	(70,245	)	$	2,636,985
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of operations for the fiscal year ended September 30, 2012, which incorporates RSO for the calendar year ended December 31, 2012 (in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
REVENUES:
Real estate	$	40,595		$	—		$	—		$	40,595
Financial fund management	21,957			—			—			21,957
Commercial finance	1,884			—			—			1,884
	64,436			—			—			64,436
Revenues from consolidated VIE - RSO (see Note 28)	—			123,698						123,698
Elimination of consolidated VIE revenues attributed to operating segments	—			—			(17,234		)	(17,234		)
Total Revenues	64,436			123,698			(17,234		)	170,900
COSTS AND EXPENSES:
Real estate	29,669			—			—			29,669
Financial fund management	17,086			—			—			17,086
Commercial finance	2,414			—			—			2,414
Restructuring expenses	365			—			—			365
General and administrative	10,460			—			—			10,460
Gain on sale of leases and loans	(37		)	—			—			(37		)
Impairment charges	2,280			—			—			2,280
Provision for credit losses	17,246			—			—			17,246
Depreciation and amortization	3,653			—			—			3,653
	83,136			—			—			83,136
Expenses from consolidated VIE - RSO	—			78,452			(14,602		)	63,850
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(16,360		)	(16,360		)
Total expenses	83,136			78,452			(30,962		)	130,626
OPERATING INCOME (LOSS)	(18,700		)	45,246			13,728			40,274
OTHER INCOME (EXPENSE):
Gain on deconsolidation and sale of subsidiaries	63,291			—			—			63,291
Loss on extinguishment of debt	(2,190		)	—			—			(2,190		)
Other-than-temporary impairment on investments	(74		)	—			—			(74		)
Gain on sale of investment securities, net	63			—			—			63
Interest expense	(4,741		)	—			—			(4,741		)
Other income (expense), net	2,103			—			(2,174		)	(71		)
Other income, net, from consolidated VIE - RSO	—			19,197						19,197
Elimination of consolidated VIE other income, net	—			—			227			227
	58,452			19,197			(1,947		)	75,702
Income from continuing operations before taxes	39,752			64,443			11,781			115,976
Income tax provision	13,512			—			14,602			28,114
Income (loss) from continuing operations	26,240			64,443			(2,821		)	87,862
Loss from discontinued operations, net of tax	(58		)	—			—			(58		)
Net income (loss)	26,182			64,443			(2,821		)	87,804
Net (income) loss attributable to noncontrolling interests	(348		)	—			571			223
Net income attributable to noncontrolling interests - RSO	—			(62,520		)	—			(62,520		)
Net income (loss) attributable to common shareholders	$	25,834		$	1,923		$	(2,250	)	$	25,507
The following sets forth the effect of the restatement on the Company’s basic and diluted earnings (loss) per share for the fiscal years ended September 30, 2012 and 2011, which incorporates RSO for the calendar year ended December 31, 2012 and 2011 (in thousands, except share data):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
For the fiscal year ended September 30, 2012:
Amounts attributable to common shareholders:
Income (loss) from continuing operations	$	25,892		$	1,923		$	(2,250	)	$	25,565
Discontinued operations	(58		)	—			—			(58		)
Net income (loss)	$	25,834		$	1,923		$	(2,250	)	$	25,507
	As Previously Reported									As Restated
Basic earnings per share:
Continuing operations	$	1.31								$	1.29
Discontinued operations	—									—
Net income	$	1.31								$	1.29
Weighted average shares outstanding	19,740									19,740
Diluted earnings per share:
Continuing operations	$	1.25								$	1.24
Discontinued operations	—									—
Net income	$	1.25								$	1.24
Weighted average shares outstanding	20,634									20,634
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
For the fiscal year ended September 30, 2011:
Amounts attributable to common shareholders:
(Loss) income from continuing operations	$	(6,026	)	$	1,433		$	(7,768	)	$	(12,361	)
Discontinued operations	(2,202		)	—			—			(2,202		)
Net (loss) income	$	(8,228	)	$	1,433		$	(7,768	)	$	(14,563	)
	As Previously Reported									As Restated
Basic loss per share:
Continuing operations	$	(0.31	)							$	(0.64	)
Discontinued operations	(0.11		)							(0.11		)
Net loss	$	(0.42	)							$	(0.75	)
Weighted average shares outstanding	19,525									19,525
Diluted loss per share:
Continuing operations	$	(0.31	)							$	(0.64	)
Discontinued operations	(0.11		)							(0.11		)
Net loss	$	(0.42	)							$	(0.75	)
Weighted average shares outstanding	19,525									19,525
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of operations for the fiscal year ended September 30, 2011, which incorporates RSO for the calendar year ended December 31, 2011(in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
REVENUES:
Real estate	$	38,380		$	—		$	—		$	38,380
Financial fund management	25,841			—			—			25,841
Commercial finance	21,795			—			—			21,795
	86,016			—			—			86,016
Revenues from consolidated VIE - RSO	—			95,986			—			95,986
Elimination of consolidated VIE revenues attributed to operating segments	—			—			(15,070		)	(15,070		)
Total Revenues	86,016			95,986			(15,070		)	166,932
COSTS AND EXPENSES:
Real estate	24,465			—			—			24,465
Financial fund management	20,562			—			—			20,562
Commercial finance	15,207			—			—			15,207
General and administrative	11,522			—			—			11,522
Gain on sale of leases and loans	(659		)	—			—			(659		)
Provision for credit losses	10,661			—			—			10,661
Depreciation and amortization	10,739			—			—			10,739
	92,497			—			—			92,497
Expenses from consolidated VIE - RSO	—			62,139			(12,036		)	50,103
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(11,061		)	(11,061		)
Total expenses	92,497			62,139			(23,097		)	131,539
OPERATING (LOSS) INCOME	(6,481		)	33,847			8,027			35,393
OTHER INCOME (EXPENSE):
Gain on sale of management contract	6,520			—			—			6,520
Gain on extinguishment of servicing and repurchase liabilities	4,426			—			(4,426		)	—
Loss on sale of investment securities, net	(1,198		)	—			—			(1,198		)
Interest expense	(15,343		)	—			—			(15,343		)
Other income (expense), net	2,242			—			(2,455		)	(213		)
Other income, net, from consolidated VIE - RSO	—			3,869						3,869
Elimination of consolidated VIE other income, net	—						212			212
	(3,353		)	3,869			(6,669		)	(6,153		)
(Loss) income from continuing operations before taxes	(9,834		)	37,716			1,358			29,240
Income tax (benefit) provision	(4,607		)	—			12,036			7,429
(Loss) income from continuing operations	(5,227		)	37,716			(10,678		)	21,811
Loss from discontinued operations, net of tax	(2,202		)	—			—			(2,202		)
Net (loss) income	(7,429		)	37,716			(10,678		)	19,609
Net (income) loss attributable to noncontrolling interests	(799		)				2,910			2,111
Net income attributable to noncontrolling interests - RSO	—			(36,283		)	—			(36,283		)
Net (loss) income attributable to common shareholders	$	(8,228	)	$	1,433		$	(7,768	)	$	(14,563	)
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of comprehensive income for the fiscal year ended September 30, 2012, which incorporates RSO for the calendar year ended December 31, 2012 (in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As restated
Net income (loss)	$	26,182		$	64,443		$	(2,821	)	$	87,804
Other comprehensive income (loss):
Unrealized gain (loss) on investment securities available for sale, net of tax	1,363			—			(1,391		)	(28		)
Less: reclassification for losses realized	45			—			—			45
	1,408			—			(1,391		)	17
Minimum pension liability adjustments, net of tax	(289		)	—			—			(289		)
Minimum pension liability - reclassification for losses realized, net of tax	214			—			1			215
	(75		)	—			1			(74		)
Unrealized loss on hedging contracts	(6		)	—			—			(6		)
Deconsolidation of LEAF- unrealized loss on hedging contracts	255			—			—			255
	249			—			—			249
Subtotal - RAI activity:	1,582			—			(1,390		)	192
Activity related to consolidated VIE - RSO:
Reclassification adjustments for gain included in net income	—			1,728			—			1,728
Unrealized gain on available-for-sale securities, net	—			18,770			—			18,770
Reclassification adjustments associated with unrealized loss from interest rate hedges included in net income	—			227			—			227
Unrealized losses on derivatives, net	—			(1,476		)	—			(1,476		)
Subtotal activity related to consolidated VIE -RSO:	—			19,249			—			19,249
Subtotal - other comprehensive income (loss)	1,582			19,249			(1,390		)	19,441
Comprehensive income (loss)	27,764			83,692			(4,211		)	107,245
Comprehensive income attributable to noncontrolling interests	(397		)	—			(81,198		)	(81,595		)
Comprehensive income (loss) attributable to common shareholders	$	27,367		$	83,692		$	(85,409	)	$	25,650
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of comprehensive income for the fiscal year ended September 30, 2011, which incorporates RSO for the calendar year ended December 31, 2011 (in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As restated
Net (loss) income	$	(7,429	)	$	37,716		$	(10,678	)	$	19,609
Other comprehensive (loss) income:
Unrealized (loss) gain on investment securities available for sale, net of tax	(2,564		)	—			2,036			(528		)
Less: reclassification for losses realized	904			—			—			904
	(1,660		)	—			2,036			376
Minimum pension liability adjustments, net of tax	(632		)	—			—			(632		)
Minimum pension liability - reclassification for losses realized, net of tax	169			—			—			169
	(463		)	—			—			(463		)
Unrealized loss on hedging contracts	(75		)	—			—			(75		)
Foreign currency gain	368			—			—			368
Subtotal- RAI activity	(1,830		)	—			2,036			206
Activity related to consolidated VIE - RSO:
Reclassification adjustments for gain included in net income	—			1,080			—			1,080
Unrealized losses on available-for-sale securities, net	—			(13,798		)	—			(13,798		)
Reclassification adjustments associated with unrealized loss from interest rate hedges included in net income	—			227			—			227
Unrealized gains on derivatives, net	—			82			—			82
Subtotal activity related to consolidated VIE-RSO:	—			(12,409		)	—			(12,409		)
Subtotal- other comprehensive (loss) income	(1,830		)	(12,409		)	2,036			(12,203		)
Comprehensive (loss) income	(9,259		)	25,307			(8,642		)	7,406
Comprehensive income attributable to noncontrolling interests	(775		)	—			(20,964		)	(21,739		)
Comprehensive (loss) income attributable to common shareholders	$	(10,034	)	$	25,307		$	(29,606	)	$	(14,333	)
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of cash flows for the fiscal year ended September 30, 2012, which incorporates cash flows from RSO for the calendar year ended December 31, 2012 (in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	26,182		$	64,443		$	(2,821	)	$	87,804
Adjustments to reconcile net income (loss) to net cash
used in operating activities:
Depreciation and amortization	4,875			—			—			4,875
Impairment charges	2,280			—			—			2,280
Provision for credit losses	17,246			—			—			17,246
Unrealized gain on trading securities	(1,108		)	—			—			(1,108		)
Equity in earnings of unconsolidated entities	(3,439		)	—			—			(3,439		)
Distributions from unconsolidated entities	3,463			—			—			3,463
Gain on sale of leases and loans	(37		)	—			—			(37		)
Other-than-temporary impairment losses recognized in earnings	74			—			—			74
Gain on sale of loans and investment securities, net	(972		)	—			—			(972		)
Gain on sale of assets	(84		)	—			—			(84		)
Gain on sale and deconsolidation of subsidiaries	(63,291		)	—			—			(63,291		)
Loss on extinguishment of debt	2,190			—			—			2,190
Deferred income tax provision	13,393			—			—			13,393
Equity-based compensation issued	1,286			—			—			1,286
Equity-based compensation received	(153		)	—			153			—
Trading securities purchases and sales, net	(1,048		)	—			—			(1,048		)
Loss from discontinued operations	58			—			—			58
Changes in operating assets and liabilities	(2,911		)	—			—			(2,911		)
Change in cash attributable to operations of consolidated VIE - RSO	—			(65,608		)	382			(65,226		)
Net cash used in operating activities	(1,996		)	(1,165		)	(2,286		)	(5,447		)
CASH FLOWS FROM INVESTING ACTIVITIES:							—
Capital expenditures	(222		)	—			—			(222		)
Payments received on real estate loans and real estate	1,726			—			—			1,726
Investments in unconsolidated real estate entities	(1,608		)	—			—			(1,608		)
Purchase of commercial finance assets	(18,483		)	—			—			(18,483		)
Principal payments received on leases and loans	9,043			—			—			9,043
Purchase of loans and securities by consolidated VIE - RSO	—			(769,762		)	—			(769,762		)
Principal payments and proceeds from sales received by consolidated VIE - RSO	—			822,476			—			822,476
Cash divested on deconsolidation of LEAF	(2,284		)	—			—			(2,284		)
Net proceeds from sale of Apidos and cash divested on deconsolidation	17,860			—			—			17,860
Purchase of loans and investments	(1,874		)	—			—			(1,874		)
Proceeds from sale of loans and investments	262			—			—			262
Increase in restricted cash of consolidated VIE - RSO	—			50,756			—			50,756
Other investing activity of consolidated VIE - RSO	—			(1,849		)	(76		)	(1,925		)
Net cash provided by (used in) investing activities	4,420			101,621			(76		)	105,965
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
CASH FLOWS FROM FINANCING ACTIVITIES:							—
Increase in borrowings	128,845			—			—			128,845
Principal payments on borrowings	(129,416		)	—			—			(129,416		)
Net (repayments) borrowings of debt by consolidated VIE - RSO	—			(207,149		)	—			(207,149		)
Dividends paid	(2,310		)	—			—			(2,310		)
Dividends paid on common stock by consolidated VIE - RSO	—			(74,050		)	2,174			(71,876		)
Proceeds from issuance of common stock	2,131			—			—			2,131
Net proceeds from issuance of common stock by consolidated VIE - RSO	—			171,056			—			171,056
Repurchase of common stock	(2,324		)	—			—			(2,324		)
Preferred stock dividends paid by LEAF to RSO	(188		)	—			188			—
Increase in restricted cash	(664		)	—			—			(664		)
Other	(2,275		)	—			—			(2,275		)
Other financing activity of consolidated VIE - RSO	—			9,687			—			9,687
Net cash (used in) provided by financing activities	(6,201		)	(100,456		)	2,362			(104,295		)
CASH FLOWS FROM DISCONTINUED OPERATIONS:							—
Operating activities	(1,285		)	—			—			(1,285		)
Net cash used in discontinued operations	(1,285		)	—			—			(1,285		)
							—
Decrease in cash	(5,062		)	—			—			(5,062		)
Cash, beginning of year	24,455			—			—			24,455
Cash, end of year	$	19,393		$	—		$	—		$	19,393
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of cash flows for the fiscal year ended September 30, 2011, which incorporates cash flows from RSO for the calendar year ended December 31, 2011 (in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$	(7,429	)	$	37,716		$	(10,678	)	$	19,609
Adjustments to reconcile net (loss) income to net cash
( used in) provided by operating activities:
Depreciation and amortization	15,780			—			88			15,868
Provision for credit losses	10,661			—			799			11,460
Equity in earnings of unconsolidated entities	(10,377		)	—			—			(10,377		)
Distributions from unconsolidated entities	4,522			—			—			4,522
Gain on sale of leases and loans	(659		)	—			—			(659		)
Loss on sale of loans and investment securities, net	1,198			—			—			1,198
Gain on sale of assets	(196		)	—			—			(196		)
Gain on sale of management contract	(6,520		)	—			—			(6,520		)
Gain on extinguishment of servicing and repurchase liabilities	(4,426		)	—			4,426			—
Deferred income tax benefit	(5,657		)	—			—			(5,657		)
Equity-based compensation issued	2,525			—			—			2,525
Equity-based compensation received	(463		)	—			463			—
Loss from discontinued operations	2,202			—			—			2,202
Changes in operating assets and liabilities	(2,624		)	—			—			(2,624		)
(Increase) decrease in cash held by consolidated VIE - RSO	—			(18,307		)	2,142			(16,165		)
Net cash (used in) provided by operating activities	(1,463		)	19,409			(2,760		)	15,186
CASH FLOWS FROM INVESTING ACTIVITIES:							—
Capital expenditures	(1,165		)	—			—			(1,165		)
Payments received on real estate loans and real estate	16,487			—			—			16,487
Investments in unconsolidated real estate entities	(2,371		)	—			—			(2,371		)
Purchase of commercial finance assets	(105,777		)	—			—			(105,777		)
Principal payments received on leases and loans	29,056			—			—			29,056
Purchase of loans and securities by consolidated VIE - RSO	—			(1,087,353		)	15,221			(1,072,132		)
Principal payments and proceeds from sales received by consolidated VIE - RSO	—			663,663			—			663,663
Proceeds from sale of management contract	9,095			—			—			9,095
Purchase of loans and investments	—			—			—			—
Proceeds from sale of loans and investments	3,779			—			—			3,779
Increase in restricted cash of consolidated VIE - RSO	—			31,014			—			31,014
Other investing activity of consolidated VIE	—			(45,533		)	—			(45,533		)
Net cash (used in) provided by investing activities	(50,896		)	(438,209		)	15,221			(473,884		)
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	106,043			—			—			106,043
Principal payments on borrowings	(55,778		)	—			—			(55,778		)
Net (repayments) borrowings of debt by consolidated VIE - RSO	—			358,029			—			358,029
Dividends paid	(2,246		)	—			—			(2,246		)
Dividends paid on common stock by consolidated VIE - RSO	—			(69,869		)	2,455			(67,414		)
Proceeds from issuance of common stock	1,914			—			—			1,914
Net proceeds from issuance of common stock by consolidated VIE - RSO	—			129,911			—			129,911
Repurchase of common stock	(241		)	—			—			(241		)
Proceeds from issuance of LEAF preferred stock	15,221			—			(15,221		)	—
Preferred stock dividends paid by LEAF to RSO	(305		)	—			305			—
Decrease in restricted cash	4,530			—			—			4,530
Other	(2,299		)	—			—			(2,299		)
Other financing activity of consolidated VIE - RSO	—			729			—			729
Net cash provided by (used in) financing activities	66,839			418,800			(12,461		)	473,178
CASH FLOWS FROM DISCONTINUED OPERATIONS:							—
Operating activities	(1,268		)	—			—			(1,268		)
Net cash used in discontinued operations	(1,268		)	—			—			(1,268		)
							—
Increase in cash	13,212			—			—			13,212
Cash, beginning of year	11,243			—			—			11,243
Cash, end of year	$	24,455		$	—		$	—		$	24,455

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Sep. 30, 2012
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Principles of Consolidation
	The consolidated financial statements reflect the Company's accounts and the accounts of the Company's majority-owned and/or controlled subsidiaries. The Company follows the provisions of Accounting Standards Codification (“ASC”) Topic 810, “Consolidation,” and accordingly consolidates entities that are variable interest entities (“VIEs”) where it has determined that it is the primary beneficiary of such entities. Once it is determined that the Company holds a variable interest in a VIE, management must perform a qualitative analysis to determine (i) if the Company has the power to direct the matters that most significantly impact the VIE's financial performance; and (ii) if the Company has the obligation to absorb the losses of the VIE that could potentially be significant to the VIE or the right to receive the benefits of the VIE that could potentially be significant to the VIE. If the Company's interest possesses both of these characteristics, the Company is deemed to be the primary beneficiary and would be required to consolidate the VIE. The Company will continually assess its involvement with VIEs and reevaluate the requirement to consolidate them. The portions of these entities that the Company does not own are presented as noncontrolling interests as of the dates and for the periods presented in the consolidated financial statements.
	Variable interests in the Company's real estate segment have historically related to subordinated financings in the form of mezzanine loans or unconsolidated real estate interests. As of September 30, 2012 and 2011, the Company had one real estate variable interest that it consolidated. The property underlying this loan was subsequently sold in November 2012 and the loan was resolved. See Note 26 for additional disclosures pertaining to VIEs.
	All intercompany transactions and balances have been eliminated in the Company's consolidated financial statements.
	Reclassifications and Revisions
	Certain reclassifications and revisions have been made to the fiscal 2011 consolidated financial statements to conform to the fiscal 2012 presentation.  Real estate assets of a consolidated VIE of $944,000 formerly included in Property and Equipment are now included in Investments in Real Estate to more properly reflect the nature of the asset.
	Use of Estimates
	Preparation of the Company's consolidated financial statements in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and costs and expenses during the reporting period. The Company makes estimates of its allowance for credit losses, the valuation allowance against its deferred tax assets, discounts and collectability of management fees, the valuation of stock-based compensation, and in determining whether a decrease in the fair value of an investment is an other-than-temporary impairment. The financial fund management segment makes assumptions in determining the fair value of its investments in investment securities and in estimating the liability, if any, for clawback provisions on certain of its partnership interests. The Company used assumptions, specifically inputs to the Black-Scholes pricing model and the discounted cash flow model, in computing the fair value of the Senior Notes and warrants that it issued in September and October 2009. Actual results could differ from these estimates.
	Prior to the deconsolidation of LEAF, significant estimates specifically for the commercial finance segment included the unguaranteed residual values of leased equipment, servicing liabilities and repurchase obligations, allowance for lease and loan losses, impairment of long-lived assets and goodwill, and the fair values and effectiveness of interest rate swaps.
	Investments in Unconsolidated Loan Manager
	The Company's interest in CVC Credit Partners and the Company's preferred equity interest in Apidos-CVC is included in Investments in Unconsolidated Loan Manager on the consolidated balance sheets. The Company accounts for its investment in CVC Credit Partners based on the equity method since the Company has the ability to exercise significant influence over the partnership.
	The Company accounts for its preferred equity interest in Apidos-CVC on the cost method. As the incentive fees underlying the preferred equity are received, 75% will be distributed to the Company which will initially be recorded as income, net of any contractual amounts due to third-parties. On a quarterly basis, the Company will evaluate the investment for impairment by estimating the fair value of the expected future cash flows from the incentive management fees. If the estimated fair value is less than the cost basis of the preferred shares, the preferred equity interest will be deemed to be impaired. If the Company determines that the shortfall is other-than-temporary, the impairment will be recorded as a reduction of the preferred equity interest by reducing the revenues previously recorded on these preferred shares. To the extent that the investment in preferred equity has been reduced to zero, all subsequent distributions will be recorded as income.
	Investments in Unconsolidated Entities
	The Company accounts for the investments it has in the real estate, financial fund management and commercial finance investment entities it has sponsored and manages primarily under the equity method of accounting since the Company has the ability to exercise significant influence over the operating and financial decisions of these entities.  To the extent that there is a negative balance in the investment for any of these entities, these balances are reclassified to reduce any receivable from such entities. The Company accounts for its investment in Resource Real Estate Opportunity REIT, Inc. (“RRE Opportunity REIT”) on the cost method since the Company owns less than 1% of the shares outstanding. The Company will evaluate these investments for impairment on a quarterly basis. There were no identified events that had a significant adverse effect on these investments and, as such, no impairment was recorded.
	Real estate. The Company has sponsored and manages nine real estate limited partnerships, four limited liability companies, a corporation operating as a REIT and six tenant in common (“TIC”) property interest programs that invest in multifamily residential properties.
	Financial fund management.  In the Financial Fund Management operations, the Company holds the following interests in unconsolidated entities:
	•	general and limited partnership interests in seven company-sponsored and managed partnerships that invest in regional bank, and a limited partnership interest in an affiliated partnership organized as a credit opportunities fund that invests in bank loans and high yield bonds; and
	•	equity interests in two unconsolidated loan managers that manage trust preferred securities which are held by 13 separate CDOs.
	Commercial finance.  The Company has interests in four company-sponsored commercial finance investment partnerships.
	Concentration of Credit Risk
	The Company’s receivables from managed entities are comprised of unsecured amounts due from its investment entities and other affiliated entities, which the Company has sponsored and manages.  The Company evaluates the collectability of these receivables and records an allowance to the extent any portion of that receivable is determined to be uncollectible.  Additionally, the Company records a discount where it determines that any of the entities will be unable to repay the Company in the near term.  In the event that any of these entities fail, the corresponding receivable balance would be at risk.
	Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of periodic temporary investments of cash and restricted cash.  The Company places its temporary cash investments and restricted cash in high quality short-term money market instruments with high-quality financial institutions and brokerage firms.  At September 30, 2012, the Company had $12.0 million (excluding restricted cash) in interest-bearing deposits at various banks, which was over the temporary insurance limit of the Federal Deposit Insurance Corporation of $250,000, or in deposit in foreign banks or in brokerage accounts where no insurance coverage is available.  No losses have been experienced on such investments.
	Restricted Cash
	The Company's restricted cash balance was substantially eliminated with the November 2011 deconsolidation of LEAF. The balance at September 30, 2012 includes $376,000 of escrow deposits for the real estate mortgage and a $250,000 clearing deposit with a third-party broker dealer who serves as a clearing agent for the Company's broker dealer. The $20.3 million balance in restricted cash at September 30, 2011 primarily related to LEAF, which included $10.4 million of customer lockbox payments being processed by the bank as well as $6.9 million of cash held by the lender on the LEAF credit facility pending the pledge of sufficient commercial finance assets as collateral.  In addition, the balance at September 30, 2011 included $2.2 million of proceeds from the sale of the Company’s management contract for Resource Europe CLO I (“REM I”) that was subsequently utilized to reduce the Company’s corporate credit facility.
	Foreign Currency Translation
	Foreign currency transaction gains and losses of the Company’s European operations are recognized in the determination of net income.  Foreign currency translation adjustments related to these operations are included in net income.
	Revenue Recognition – Fee Income
	RSO management fees.  The Company earns base management and incentive management fees for managing RSO.  In addition, the Company is reimbursed for its expenses incurred on behalf of RSO and its operations and for property management fees.  Management fees, property management fees and reimbursed expenses are recognized monthly when earned.  In addition, in February 2011, the Company entered into a services agreement with RSO to provide sub-advisory collateral management and administrative services for five CLOs holding approximately $1.7 billion in bank loans.  In connection with the sub-advisory services provided, RSO pays CVC Credit Partners 10% of all base and additional collateral management fees and 50% of all incentive collateral management fees it collects.
	The quarterly incentive compensation to the Company is payable seventy-five percent (75%) in cash and twenty-five percent (25%) in restricted shares of RSO common stock.  The Company may elect to receive more than 25% of its incentive compensation in RSO restricted stock.  However, the Company’s ownership percentage in RSO, direct and indirect, cannot exceed 15%.  All shares are fully vested upon issuance, provided that the Company may not sell such shares for one year after the incentive compensation becomes due and payable.  The restricted stock is valued at the average of the closing prices of RSO common stock over the thirty-day period ending three days prior to the issuance of such shares.
	Under a fee agreement, in connection with the April 2012 sale of Apidos to CVC, the Company must remit a portion of the base management fee and incentive compensation it receives from RSO to Apidos-CVC for advisory services in managing the portfolio of CLOs. The percentage paid to Apidos-CVC is determined by dividing the equity RSO holds in four Apidos CLOs by the calculated equity used to determine the base management fee. Any incentive compensation paid to Apidos-CVC excludes non-recurring items unrelated to Apidos-CVC.
	During fiscal 2012, 2011 and 2010, the management, incentive, servicing and acquisition fees that the Company received from RSO were a combined 26%, 14% and 12%, respectively, of the Company’s consolidated revenues.  These fees have been allocated and, accordingly, were reported as revenues by each of the Company’s operating segments. The Company reports these fees as an adjustment to the consolidated revenues of RSO in consolidation to reflect the compensation arrangement between the Company and RSO that would have otherwise been eliminated in consolidation. Under the terms of the management agreement with RSO, the Company is entitled to base management and incentive management fees and the reimbursement of out-of-pocket expenses.
	Real estate fees.  The Company records acquisition fees of 1% to 2% of the net purchase price of properties acquired by real estate investment entities it sponsors and financing fees equal to 0.5% to 1.75% of the debt obtained or assumed related to the properties acquired.  In addition, the company receives debt origination fees which range from 0.5% to 5.0% debt origination fee on the purchase price of real estate debt investments acquired on behalf of real estate investment entities. The Company recognizes these fees when its sponsored entities acquire the properties and obtain the related financing.
	The Company records a monthly property management fee equal to 4.5% to 5% of the gross operating revenues from the underlying properties and a monthly debt management fee equal to 0.167% (2% per year) of the gross offering proceeds deployed in debt investments.  The Company recognizes these fees monthly when earned.
	Additionally, the Company records an annual investment management fee from its limited partnerships equal to 1% of the gross offering proceeds of each partnership.  The Company records an annual asset management fee from its TIC programs equal to 1% to 2% of the gross revenues from the properties.  These investment management fees and asset management fees are recognized monthly when earned and are discounted to the extent that these fees are not expected to be paid timely.
	The Company records quarterly asset management fees from its joint ventures with an institutional partner, which range from 0.833% to 1% per annum of the gross funds invested in distressed real estate loans and assets.  The Company recognizes these fees monthly.
	Financial fund management fees. The Company earns monthly investment and management fees on assets held in CDOs on behalf of institutional and individual investors.  These fees, which vary by CDO, range between 0.10% and 0.35% of the aggregate principal balance of eligible collateral held by the CDOs.  These investment management fees and asset management fees are recognized monthly when earned and are discounted to the extent that these fees are deferred.  Additionally, the Company records fees for managing the assets held by the partnerships or funds it has sponsored and for managing their general operations.  These fees, which vary by limited partnership, range between 0.75% and 2% of the partnership or fund capital balance.
	The Company also enters into management or advisory agreements for managing the assets held by third-parties.  These fees, which vary by agreement, are recognized monthly when earned.
	Introductory agent fees.  The Company earns fees for acting as an introducing agent for transactions involving sales of securities of financial services companies, REITs and insurance companies.  The Company recognizes these fees monthly when earned.
	Commercial finance fees.  Prior to the November 2011 deconsolidation of LEAF, the Company recorded acquisition fees from its leasing investment entities (based on a percentage of the cost of the leased equipment acquired) as compensation for expenses incurred by the Company for those acquisitions.  The fees, which ranged from 1% to 2%, were earned at the time of the sale of the related leased equipment to the investment entities.  The Company also had recorded management fees from its investment entities for managing and servicing the leased assets acquired when the service was performed.  The payment of such fees to the Company by each entity is contingent upon the partners receiving specified annual distributions from each entity.  During fiscal 2012 , 2011, and 2010 the Company permanently waived $4.7 million, $8.1 million and $3.8 million of management fees from its four investment entities since the distributions to the limited partners were less than the annual specified amounts.  The management fees that were waived are not deferrals and accordingly, will not be paid by the commercial finance investment entities. The ability of these entities to pay future management fees is uncertain.  A discount is recorded where payment will not be received timely and an allowance is recorded where payment is determined to be uncollectible.  Prior to the deconsolidation of LEAF, the Company was paid for the operating and administrative expenses it incurred to manage these entities.
	Revenue Recognition – Rental income
	Rental revenue is primarily derived from an 86-room boutique hotel in Savannah, Georgia, which is 80% owned by the Company.  The Company recognizes the room rental revenue on a daily basis.  The Company also derives rental revenue on retail space in the hotel and office space in the office building that the Company owns located in Philadelphia, Pennsylvania.  The income from these leases is recognized over the term of the lease as earned.  Some of the leases include rent abatements and scheduled rent increases over the lease terms, which are accounted for on a straight-line basis.  Tenant reimbursements are recognized in the period that the related costs are incurred. Percentage rent is recognized when the tenant's reported sales have reached certain levels specified in the respective lease.
	Stock-Based Compensation
	The Company values the restricted stock it issues based on the closing price of its stock on the date of grant.  For stock option awards, the Company determines the fair value by applying the Black-Scholes pricing model.  These equity awards are amortized to compensation expense over the respective vesting period, less an estimate for forfeitures.
	Earnings (Loss) Per Share
	Basic earnings (loss) per share (“Basic EPS”) is determined by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period, including participating securities.  Diluted earnings (loss) per share (“Diluted EPS”) is computed by dividing net income (loss) by the sum of the weighted average number of shares of common stock outstanding including participating securities, as well as after giving effect to the potential dilution from the exercise of securities, such as stock options and warrants, into shares of common stock as if those securities were exercised.
	Financing Receivables
	Receivables from Managed Entities.  The Company performs a review of the collectability of its receivables from managed entities on a quarterly basis.  If upon review there is an indication of impairment, the Company will analyze the future cash flows of the managed entity.  With respect to the receivables from its commercial finance investment partnerships, this takes into consideration several assumptions by management, primarily concerning estimations of future bad debts and recoveries.  For the receivables from the real estate investment entities for which there are indications of impairment, the Company estimates the cash flows through the sale of the underlying properties, which is based on projected net operating income as a multiple of published capitalization rates, which is then reduced by the underlying mortgage balances and priority distributions due to the investors in the entity.
	Investments in Commercial Finance.  Prior to the deconsolidation of LEAF in November 2011, the Company’s investments in commercial finance, consisted primarily of direct financing leases, equipment loans, and operating leases.
	Direct financing leases.  Certain of the Company’s lease transactions were accounted for as direct financing leases (as distinguished from operating leases).  Such leases transferred substantially all benefits and risks of equipment ownership to the customer.  The Company’s investment in direct financing leases consisted of the sum of the total future minimum contracted payments receivable and the estimated unguaranteed residual value of leased equipment, less unearned finance income.  Unearned finance income, which was recognized as revenue over the term of the financing by the effective interest method, represented the excess of the total future minimum lease payments plus the estimated unguaranteed residual value expected to be realized at the end of the lease term over the cost of the related equipment.  Initial direct costs incurred in the consummation of the lease were capitalized as part of the investment in lease receivables and amortized over the lease term as a reduction of the yield.  The Company discontinued recognizing revenue for leases and loans for which payments were more than 90 days past due.  Fees from delinquent payments were recognized when received.
	Equipment loans. For term loans, the investment consisted of the sum of the total future minimum loan payments receivable less unearned finance income.  Unearned finance income, which was recognized as revenue over the term of the financing by the effective interest method, represented the excess of the total future minimum contracted payments over the original cost of the loan.  For all other loans, interest income was recorded at the stated rate on the accrual basis to the extent that such amounts were expected to be collected.
	Operating leases.  Leases not meeting any of the criteria to be classified as direct financing leases were deemed to be operating leases.  The cost of the leased equipment, including acquisition fees associated with lease placements, was recorded as an asset and depreciated on a straight-line basis over the equipment’s estimated useful life, generally up to seven years.  Rental income consisted primarily of monthly periodic rental payments due under the terms of the leases.  The Company recognized rental income on a straight-line basis.
	During the lease term of operating leases, the Company was prepared to remarket the equipment to the extent it was not able to recover the related cost and expenses of the equipment.  The Company’s policy was to review, on at least a quarterly basis, the expected economic life of its rental equipment in order to determine the recoverability of its undepreciated cost.  The Company would write down its rental equipment to its estimated net realizable value when it is probable that its carrying amount exceeded such value and the excess could be reasonably estimated; gains were only recognized upon actual sale of the rental equipment.  There were no write-downs of equipment during fiscal 2012, 2011, or 2010.
	Future payment card receivables.  Additionally, the Company had provided capital advances to small businesses based on future credit card receipts.  The entire portfolio of future payment card receivables was on the cost recovery method whereby no income was recognized until the basis of the future payment card receivable had been fully recovered.
	Allowance for credit losses.  The Company evaluated the adequacy of the allowance for credit losses in commercial finance (including investments in leases and loans and future payment card receivables) based upon, among other factors, management’s historical experience with the commercial finance portfolios it managed, an analysis of contractual delinquencies, economic conditions and trends, industry statistics and equipment finance portfolio characteristics, as adjusted for expected recoveries.  In evaluating historic performance of leases and loans, the Company performed a migration analysis, which estimates the likelihood that an account progressed through delinquency stages to ultimate write-off.  The Company fully reserved, net of recoveries, all leases and loans after they were 180 days past due.
	Loans
	Real estate loans.  Real estate loans that management has the intent and ability to hold for the foreseeable future, or until maturity or payoff, are stated at the amount of unpaid principal, reduced by unearned income and an allowance for credit losses, if necessary.  These loans are included in Investments in Real Estate in the consolidated balance sheets. Interest on these loans is calculated based upon the principal amount outstanding.  Accrual of interest is stopped on a loan when management believes, after considering economic factors, business conditions and collection efforts that the borrower’s financial condition is such that collection of interest is doubtful.
	An impaired real estate loan may remain on accrual status during the period in which the Company is pursuing repayment of the loan; however, the loan is placed on non-accrual status at such time as (i) management believes that contractual debt service payments will not be met; or (ii) the loan becomes 90 days delinquent; and (iii) management determines the borrower is incapable of, or has ceased efforts toward, curing the cause of the impairment.  While on non-accrual status, the Company recognizes interest income only when an actual payment is received.  Loans are charged off after being on non-accrual for a period of one year.
	The Company maintains an allowance for credit losses for real estate loans at a level deemed sufficient to absorb probable losses.  The Company considers general and local economic conditions, neighborhood values, competitive overbuilding, casualty losses and other factors that may affect the value of real estate loans.  The value of loans and real estate may also be affected by factors such as the cost of compliance with regulations and liability under applicable environmental laws, changes in interest rates and the availability of financing.  Income from a property will be reduced if a significant number of tenants are unable to pay rent or if available space cannot be rented on favorable terms.  In addition, the Company reviews all credits on a quarterly basis and continually monitors collections and payments from its borrowers and maintains an allowance for credit losses based upon its historical experience and its knowledge of specific borrower collection issues.  The Company reduces its investments in real estate loans and real estate by an allowance for amounts that may become unrealizable in the future.
	Investment Securities
	The Company’s investment securities available-for-sale, including investments in the CLO issuers it sponsored, are carried at fair value.  The fair value of the CLO investments is based primarily on internally-generated expected cash flow models that require significant management judgment and estimates due to the lack of market activity and the use of unobservable pricing inputs.  Investments in affiliated entities, including holdings in The Bancorp, Inc. (“TBBK”) (NASDAQ: TBBK), are valued at the closing price of the respective publicly-traded stock.  The fair value of the cumulative net unrealized gains and losses on these investment securities, net of tax, is reported through accumulated other comprehensive income and loss.  Realized gains and losses on the sale of investments are determined on the trade date on the basis of specific identification and are included in net operating results.
	The Company recognizes a realized loss when it is probable there has been an adverse change in estimated cash flows of the security holder from what had been previously estimated.  The security is then written down to fair value, and the unrealized loss is transferred from accumulated other comprehensive loss to the consolidated statements of operations as a charge to current earnings.  The cost basis adjustment for an other-than-temporary impairment would be recoverable only upon the sale or maturity of the security.
	Periodically, the Company reviews the carrying value of its available-for-sale securities.  If the Company deems an unrealized loss to be other-than-temporary, it will record an impairment charge.  The Company’s process for identifying other-than-temporary declines in the fair value of its investments involves consideration of (i) the duration of a significant decline in value, (ii) the liquidity, business prospects and overall financial condition of the issuer, (iii) the magnitude of the decline, (iv) the collateral structure and other credit support, as applicable, and (v) the more-than-likely intention of the Company to hold the investment until the value recovers. When the analysis of the above factors results in a conclusion that a decline in fair value is other-than-temporary, an impairment charge is recorded and the cost of the investment is written down to fair value.
The Company purchased investment securities classified as trading during fiscal 2012. Trading securities are recorded at fair value with unrealized holding gains and losses reported in revenues by operating segment. The Company utilizes trade date accounting to record the purchases and sales of trading securities. The cost of a security is determined using the specific identification method. Earnings from trading securities, primarily reported net, are comprised of realized and unrealized gains and losses from sales of trading securities, mark to market adjustments to fair value, gains and losses related to foreign currency commissions from riskless principal trades, and gains and losses from other security transactions, if any. The Company utilizes third-party dealer quotes or bids and recent transactions to estimate the fair value of these securities. In fiscal 2011, the Company held shares of TBBK common stock in a benefit plan for a former executive (see Note 20). The shares, which were also classified as trading, were valued at the closing price of the stock with unrealized gains and losses included in Other Income in the consolidated statements of operations.
The Company recognizes dividend income on its investment securities classified as available-for-sale on the ex-dividend date.
Property and Equipment
Property and equipment, which includes amounts recorded under capital leases, are stated at cost.  Depreciation and amortization are based on cost, less estimated salvage value, using the straight-line method over the asset’s estimated useful life.  Maintenance and repairs are expensed as incurred.  Major renewals and improvements that extend the useful lives of property and equipment are capitalized. The amortization of assets classified under capital leases is included in depreciation and amortization expense.
Accounting for Income Taxes
The objectives of accounting for income taxes are to recognize the amount of taxes payable or refundable for the current year and to recognize deferred tax liabilities and assets for the future tax consequences of events that have been recognized in the Company’s consolidated financial statements or tax returns.
The Company adjusts the balance of its deferred taxes to reflect the tax rates at which future taxable amounts will likely be settled or realized.  The effects of tax rate changes on deferred tax liabilities and deferred tax assets, as well as other changes in income tax laws, are recognized in net earnings in the period during which such changes are enacted.  Valuation allowances are established and adjusted, when necessary, to reduce deferred tax assets to the amounts expected to be realized.  The Company assesses its ability to realize deferred tax assets primarily based on tax planning strategies.
A tax position should only be recognized if it is more likely than not that the position will be sustained upon examination by the appropriate taxing authority.  A tax position that meets this threshold is measured as the largest amount of benefit that is greater than 0 percent likely of being realized upon ultimate settlement.  The Company classifies any tax penalties as general and administrative expenses and any interest as interest expense. The Company does not have any unrecognized tax benefits that would affect the effective tax rate.
Goodwill and Intangible Assets
Prior to the deconsolidation of LEAF, goodwill and other intangible assets with an indefinite life were not amortized.  Instead, a review for impairment was performed at least annually or more frequently if events and circumstances indicated impairment might have occurred.  The Company tested its goodwill at the reporting unit level using a two-step process.  The first step was a screen for potential impairment by comparing the fair value of a reporting unit to its carrying value.  If the fair value of a reporting unit exceeded the carrying value of the net assets assigned to a reporting unit, goodwill was considered not impaired and no further testing was required.  If the fair value was less than the carrying value, step two was completed to measure the amount of impairment, if any.  No impairment charge was recognized on the goodwill.
The Company utilized several approaches, including discounted expected cash flows, market data and comparable sales transactions to estimate the fair value of its reporting unit for its impairment review of goodwill.  Those approaches required assumptions and estimates of many critical factors, including revenue and market growth, operating cash flows, market multiples, and discount rates, which were based on the existing economic environment and credit market conditions.
In the January 2011 formation of LEAF, the $8.0 million balance of goodwill was transferred from LEAF Financial to LEAF and, as a result of the November 2011 LEAF Transaction, was deconsolidated from the Company's balance sheets.
Long-lived assets and identifiable intangibles with finite lives were reviewed for impairment whenever events or changes in circumstances indicated that the carrying amount of the asset may not be recoverable.  Recoverability of assets to be held and used was measured by a comparison of the carrying amount of the asset to future undiscounted net cash flows expected to be generated by the asset.  If such assets are considered to be impaired, the impairment recognized was measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets.  Assets to be disposed of were reported at the lower of the carrying amount or fair value less costs to sell.
In fiscal 2007, the Company acquired customer relationships with third-party lease originators, which it classified as a customer related intangible asset.  The Company amortized this intangible asset over its expected useful life and monitored it for recoverability.  During fiscal 2010, the Company determined that this asset ceased to have future value and, accordingly, recorded a $2.8 million impairment loss for the remaining unamortized balance.
Derivative Instruments
As a result of the November 2011 LEAF Transaction, the derivative contracts held by LEAF were deconsolidated from the Company's consolidated balance sheets.
Historically, LEAF entered into derivative contracts, including interest rate swaps, to add stability to its financing costs and to manage its exposure to interest rate movements or other identified risks, which it designated as cash flow hedges.  The contracts or hedge instruments were evaluated at inception and at subsequent balance sheet dates to determine if they continued to qualify for hedge accounting and, accordingly, derivatives were recognized on the consolidated balance sheets at fair value, as either assets or liabilities.  Changes in the estimated fair value of these derivatives were reflected in Accumulated Other Comprehensive Income (Loss) to the extent that it was effective.  Any ineffective portion of a derivative’s change in fair value was recognized in earnings.
Before it entered into a derivative transaction for hedging purposes, LEAF would determine whether a high degree of initial effectiveness existed between the change in the value of the hedged forecasted transaction and the change in the value of the derivative from a movement in interest rates.  LEAF measured the effectiveness of each cash flow hedge throughout the hedge period.  Any hedge ineffectiveness on cash flow hedging relationships was recognized in earnings.
Recent Accounting Standards
Newly-Adopted Accounting Principle
Comprehensive income (loss). In June 2011, the Financial Accounting Standards Board (“FASB”) issued an amendment to eliminate the option to present components of other comprehensive income (loss) as part of the statement of changes in stockholders' equity. The amendment requires that all non-owner changes in stockholders' equity be presented either in a single continuous statement of comprehensive income (loss) or in two separate but consecutive statements. In the two-statement approach, the first statement should present total net income (loss) and its components followed consecutively by a second statement that should present total other comprehensive income (loss), the components of other comprehensive income (loss), and the total of comprehensive income (loss). In December 2011, the FASB updated the guidance to defer the requirement related to the presentation of reclassification adjustments. The Company early adopted this disclosure requirement and has included the Statements of Comprehensive Income (Loss).
The Company’s adoption of the following standard during fiscal 2012 did not have a material impact on its consolidated financial position, results of operations or cash flows:
Fair value measurements. In May 2011, the FASB issued an amendment to revise the wording used to describe the requirements for measuring fair value and for disclosing information about fair value measurements. For many of the requirements, the FASB did not intend for the amendments to result in a change in the application of the current requirements. Some of the amendments clarify the FASB's intent about the application of existing fair value measurement requirements, such as specifying that the concepts of highest and best use and valuation premise in a fair value measurement are relevant only when measuring the fair value of nonfinancial assets. Other amendments change a particular principle or requirement for measuring fair value or for disclosing information about fair value measurements such as specifying that, in the absence of a Level 1 input, a reporting entity should apply premiums or discounts when market participants would do so when pricing the asset or liability. This guidance became effective for the Company beginning January 1, 2012 and, accordingly, the Company has presented the required disclosures (see Note 21).

SUPPLEMENTAL_CASH_FLOW_INFORMA

SUPPLEMENTAL CASH FLOW INFORMATION	12 Months Ended
	Sep. 30, 2012
Supplemental Cash Flow Information [Abstract]	'
SUPPLEMENTAL CASH FLOW INFORMATION	'
	SUPPLEMENTAL CASH FLOW INFORMATION
	Supplemental disclosure of cash flow information for the fiscal years ended September 30 are as follows (in thousands):
		September 30,
		2012			2011			2010
	Cash (paid) received:	(Restated)			(Restated)
	Interest	$	(3,889	)	$	(9,926	)	$	(9,433	)
	Income tax payments	(1,424		)	(964		)	(1,325		)
	Refund of income taxes	109			596			2,860
	Dividends declared per common share	$	0.12		0.12			0.09
	Non-cash activities:
	Repurchases of common stock from employees in exchange for the payment of income taxes and option exercises	$	1,718		$	113		$	54
	Issuance of treasury stock for the Company's investment savings plan	539			730			1,091
	Common stock issued to former director in exchange for vested director units	135			—			—
	Warrants issued and recorded as a discount to the Senior Notes	—			—			2,339
	Leasehold improvements paid by the landlord	—			—			668
	Sale of commercial finance assets to RSO:
	Reduction of investments in commercial finance assets	$	—		$	—		$	99,386
	Termination of associated secured warehouse facility	—			—			(99,386		)
	Effects from the deconsolidation of entities:(1)
	Restricted cash	$	20,282		$	—		$	—
	Receivables from managed entities and related parties, net	(2,696		)	—			—
	Receivables	954			—			9
	Investments in commercial finance, net	199,955			—			—
	Investments in unconsolidated entities	5,225			—			—
	Property and equipment, net	3,754			—			1,638
	Deferred tax assets, net	4,558			—			—
	Goodwill	7,969			—			—
	Other assets	6,826			—			755
	Accrued expense and other liabilities	(11,146		)	—			(174		)
	Payables to managed entities and related parties	(98		)	—			—
	Borrowings	(202,481		)	—			(1,013		)
	Accumulated other comprehensive loss	255			—			—
	Noncontrolling interests	(37,668		)	—			—
	Equity	—			—			(1,258		)
	-1	Reflects the deconsolidation of LEAF and Apidos during fiscal 2012 and a real estate and two financial fund management partnerships during fiscal 2010. As a result of the deconsolidation of these entities, the amounts noted above were removed from the Company’s consolidated balance sheets.  The sum of the assets removed and cash equated to the sum of the liabilities and equity that were similarly eliminated and, as such, there was no change in the Company’s total net assets.

FINANCING_RECEIVABLES

FINANCING RECEIVABLES	12 Months Ended
	Sep. 30, 2012
Receivables [Abstract]	'
FINANCING RECEIVABLES	'
	FINANCING RECEIVABLES
	The following table is the aging of the Company’s past due financing receivables (presented gross of allowance for credit losses) as of September 30, 2012 (in thousands):
		30-89 Days			Greater than			Greater than			Total			Current			Total
		Past Due			90 Days			181 Days			Past Due
	Receivables from managed entities
	and related parties: (1)
	Commercial finance	$	—		$	—		$	38,834		$	38,834		$	148		$	38,982
	investment entities
	Real estate investment entities	743			2,694			15,180			18,617			2,054			20,671
	Financial fund management entities	6			—			46			52			2,141			2,193
	Other	—			—			—			—			152			152
		749			2,694			54,060			57,503			4,495			61,998
	Rent receivables - real estate	6			1			32			39			6			45
	Total financing receivables	$	755		$	2,695		$	54,092		$	57,542		$	4,501		$	62,043
	-1	Receivables are presented gross of an allowance for credit losses of $25.1 million and $2.5 million related to the Company’s commercial finance and real estate investment entities, respectively.  The remaining receivables from managed entities and related parties have no related allowance for credit losses.
	The following table is the aging of the Company’s past due financing receivables (presented gross of allowance for credit losses) as of September 30, 2011 (in thousands):
		30-89 Days			Greater than			Greater than			Total			Current			Total
		Past Due			90 Days			181 Days			Past Due
	Receivables from managed entities
	and related parties: (1)
	Commercial finance investment entities	$	—		$	—		$	37,547		$	37,547		$	490		$	38,037
	Real estate investment entities	1,314			1,511			17,405			20,230			1,697			21,927
	Financial fund management entities	2,395			93			28			2,516			24			2,540
	Other	—			—			—			—			103			103
		3,709			1,604			54,980			60,293			2,314			62,607
	Investments in commercial finance	984			526			—			1,510			190,932			192,442
	Rent receivables - real estate	1			11			—			12			3			15
	Total financing receivables	$	4,694		$	2,141		$	54,980		$	61,815		$	193,249		$	255,064
	-1	Receivables are presented gross of an allowance for credit losses of $8.3 million and $2.2 million related to the Company’s commercial finance and real estate investment entities, respectively.  The remaining receivables from managed entities and related parties have no related allowance for credit losses.
	The following table summarizes the activity in the allowance for credit losses for all financing receivables (in thousands):
					Investments in Commercial Finance
		Receivables from Managed Entities			Leases and Loans			Future Payment Card Receivables			Rent Receivables			Investment in Real Estate Loans			Total
	Year Ended September 30, 2012:
	Balance, beginning of year	$	10,490		$	430		$	—		$	15		$	—		$	10,935
	Provision for credit losses	17,090			138			—			18			—			17,246
	Charge-offs	—			(124		)	—			—			—			(124		)
	Recoveries	—			38			—			—			—			38
	Deconsolidation of LEAF	—			(482		)	—			—			—			(482		)
	Balance, end of year	$	27,580		$	—		$	—		$	33		$	—		$	27,613
	Ending balance, individually evaluated for impairment	$	27,580		$	—		$	—		$	33		$	—		$	27,613
	Ending balance, collectively evaluated for impairment	—			—			—			—			—			—
	Balance, end of year	$	27,580		$	—		$	—		$	33		$	—		$	27,613
	Year Ended September 30, 2011:
	Balance, beginning of year	$	1,075		$	770		$	130		$	—		$	49		$	2,024
	Provision for credit losses	9,415			1,137			94			15			—			10,661
	Charge-offs	—			(1,764		)	(286		)	—			(49		)	(2,099		)
	Recoveries	—			287			62			—			—			349
	Balance, end of year	$	10,490		$	430		$	—		$	15		$	—		$	10,935
	Ending balance, individually evaluated for impairment	$	10,490		$	—		$	—		$	15		$	—		$	10,505
	Ending balance, collectively evaluated for impairment	—			430			—			—			—			430
	Balance, end of year	$	10,490		$	430		$	—		$	15		$	—		$	10,935
								Investments in Commercial Finance
		Receivables from Managed Entities			Investment in Loans			Leases and Loans			Future Payment Card Receivables			Investment in Real Estate Loans			Total
	Year Ended September 30, 2010:
	Balance, beginning of year	$	—		$	—		$	570		$	2,640		$	1,585		$	4,795
	Provision for credit losses	1,852			1			2,860			447			49			5,209
	Charge-offs	(777		)	(1		)	(2,721		)	(2,983		)	(1,585		)	(8,067		)
	Recoveries	—			—			61			26			—			87
	Balance, end of year	$	1,075		$	—		$	770		$	130		$	49		$	2,024
	The Company’s financing receivables (presented exclusive of any allowance for credit losses) as of September 30, 2012 relate to the balance in the allowance for credit losses, as follows (in thousands):
		Receivables			Rent			Total
		from			Receivables
		Managed
Entities
Ending balance, individually evaluated for impairment	$	61,998		$	45		$	62,043
Ending balance, collectively evaluated for impairment	—			—			—
Balance, end of year	$	61,998		$	45		$	62,043
The Company’s financing receivables (presented exclusive of any allowance for credit losses) as of September 30, 2011 relate to the balance in the allowance for credit losses, as follows (in thousands):
	Receivables			Rent			Commercial Finance Leases and			Total
	from			Receivables			Loans
	Managed
	Entities
Ending balance, individually evaluated for impairment	$	62,607		$	15		$	—		$	62,622
Ending balance, collectively evaluated for impairment	—			—			192,442			$	192,442
Balance, end of year	$	62,607		$	15		$	192,442		$	255,064
The following table discloses information about the Company’s impaired financing receivables (in thousands):
	Net Balance			Unpaid Balance			Specific Allowance			Average Investment in Impaired Assets
As of September 30, 2012
Financing receivables with a specific valuation allowance:
Receivables from managed entities – commercial finance	$	12,865		$	37,943		$	25,078		$	38,060
Receivables from managed entities – real estate	2,181			4,683			2,502			4,511
Rent receivables – real estate	12			45			33			45
As of September 30, 2011:
Financing receivables with a specific valuation allowance:
Receivables from managed entities – commercial finance	$	14,990		$	23,302		$	8,312		$	23,377
Receivables from managed entities – real estate	2,353			4,531			2,178			3,897
Leases and loans	310			526			216			318
Rent receivables – real estate	—			15			15			7
The Company had no impaired financing receivables without a specific allowance as of September 30, 2012 and September 30, 2011.

INVESTMENTS_IN_COMMERCIAL_FINA

INVESTMENTS IN COMMERCIAL FINANCE	12 Months Ended
	Sep. 30, 2012
Investments in Commercial Finance [Abstract]	'
INVESTMENTS IN COMMERCIAL FINANCE	'
	INVESTMENTS IN COMMERCIAL FINANCE
	As a result of the November 2011 deconsolidation of LEAF, the Company has no investments in commercial finance at September 30, 2012. The Company’s investments in commercial finance at September 30, 2011 included the following (in thousands):
			September 30,
			2011
	Direct financing leases, net		$	145,476
	Equipment loans (1)		19,640
	Assets subject to operating leases, net (2)		27,326
			192,442
	Allowance for credit losses		(430		)
	Total investments in commercial finance, net		$	192,012
	-1	The interest rates on loans generally ranged from 6% to 18%.
	-2	Reflected net of accumulated depreciation of $7.1 million.
	The components of direct financing leases were as follows (in thousands):
			September 30,
			2011
	Total future minimum lease payments receivable		$	159,722
	Initial direct costs, net of amortization		2,034
	Unguaranteed residuals		8,666
	Security deposits		(120		)
	Unearned income		(24,826		)
	Total investments in direct financing leases, net		$	145,476

INVESTMENTS_IN_REAL_ESTATE

INVESTMENTS IN REAL ESTATE	12 Months Ended
	Sep. 30, 2012
Real Estate Investments, Net [Abstract]	'
INVESTMENTS IN REAL ESTATE	'
	INVESTMENTS IN REAL ESTATE
	The Company’s investments in real estate, net, consist of the following (in thousands):
		September 30,
		2012		2011
	Properties owned, net of accumulated depreciation of $5,592 and $4,785:
	Hotel property (Savannah, Georgia)	$	11,619	$	12,051
	Office building (Philadelphia, Pennsylvania)	906		3,165
		12,525		15,216
	Commercial property (Elkins, West Virginia), net of accumulated depreciation of $784 and $656	727		944
	Partnerships and other investments	5,897		3,782
	Total investments in real estate, net	$	19,149	$	19,942
	Based on an internal assessment of fair value, the Company determined that the office building was impaired and, accordingly, recorded a charge of $2.2 million in fiscal 2012.
	The commercial property, consolidated through a VIE, was sold in November 2012.
	The contractual future minimum rental income on non-cancelable operating leases included in properties owned for each of the five succeeding annual periods ending September 30, and thereafter, are as follows (in thousands):
	2013	$	966
	2014	902
	2015	799
	2016	537
	2017	453
	Thereafter	772
		$	4,429

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Sep. 30, 2012
Investments, Debt and Equity Securities [Abstract]	'
INVESTMENT SECURITIES	'
	INVESTMENT SECURITIES
	Components of investment securities are as follows (in thousands):
		September 30,
		2012		2011
	Available-for-sale securities	$	3,966	$	2,492
	Trading securities	3,064		240
	Total investment securities, at fair value	$	7,030	$	2,732
	Available-for-sale securities.  The following table discloses the pre-tax unrealized gains (losses) relating to the Company’s investments in available-for-sale securities (in thousands):
		Cost or		Unrealized			Unrealized				Fair Value
		Amortized Cost		Gains			Losses
	September 30, 2012:
	Equity securities	$	109	$	86		$	—			$	195
	CLO securities	2,484		1,302			(15		)		3,771
	Total	$	2,593	$	1,388		$	(15	)		$	3,966
	September 30, 2011:
	Equity securities	$	109	$	27		$	—			$	136
	CDO securities	1,039		1,317			—				2,356
	Total	$	1,148	$	1,344		$	—			$	2,492
	Equity securities.  The Company holds 18,972 shares of TBBK common stock.  This investment is pledged as collateral for one of the Company’s secured corporate credit facilities.
	CLO securities.  The CLO securities represent the Company’s retained equity interest in four and three CLO issuers that it has sponsored and manages at September 30, 2012 and 2011, respectively.  The fair value of these retained interests is impacted by the fair value of the investments held by the respective CLO issuers, which are sensitive to interest rate fluctuations and credit quality determinations. The Company is required to maintain a minimum investment of $2.0 million (par value) in the subordinated notes of Apidos CLO II.
	Trading securities.  The Company purchased investment securities classified as trading securities during fiscal 2012. The Company had net unrealized gains on these securities totaling $1.1 million and realized gains from sales of trading securities of $909,000 during fiscal 2012, which were included in Financial Fund Management Revenues on the consolidated statements of operations.
	The Company held 33,509 shares of TBBK common stock valued at $240,000 in a Rabbi Trust for the Supplemental Employment Retirement Plan (“SERP”) for its former Chief Executive Officer as of September 30, 2011. During fiscal 2012 and 2011, the Company sold 33,509 and 90,210 shares and recognized net gains of $22,000 and $186,000, respectively.  In addition, the Company had an unrealized trading gain of $16,000 for fiscal 2011 on the TBBK shares it held in the plan. The plan no longer holds any shares of TBBK as of September 30, 2012.
	Unrealized losses along with the related fair value and aggregated by the length of time the investments were in a continuous unrealized loss position, are as follows (in thousands, except number of securities):
		Less than 12 Months								More than 12 Months
		Fair Value		Unrealized			Number of Securities			Fair Value			Unrealized		Number of Securities
				Losses									Losses
	September 30, 2012:
	CLO securities	$	1,274	$	(15	)	1			$	—		$	—	—
	September 30, 2011:
	CLO securities	$	—	$	—		—			$	—		$	—	—
	Other-than-temporary impairment losses.  In fiscal 2012, 2011 and 2010, the Company recorded charges of $74,000, $0 and $480,000, respectively, for the other-than-temporary impairment of certain of its investments in CLOs, primarily those with investments in bank loans, financial institutions, and real estate ABS (which includes RMBS and CMBS).  Additionally, in fiscal 2010, the Company recorded a $329,000 charge for the other-than-temporary impairment of its investment in TBBK common stock held for the SERP as the Company determined it would begin to dispose of these securities commencing in fiscal 2011.

INVESTMENTS_IN_UNCONSOLIDATED_

INVESTMENTS IN UNCONSOLIDATED ENTITIES	12 Months Ended
	Sep. 30, 2012
Investments in Unconsolidated Entities [Abstract]	'
INVESTMENTS IN UNCONSOLIDATED ENTITIES	'
	INVESTMENTS IN UNCONSOLIDATED ENTITIES
	As a specialized asset manager, the Company develops various types of investment vehicles, which it manages under long-term management agreements or similar arrangements.  The following table details the Company’s investments in these vehicles, including the range of ownership interests owned (in thousands, except percentages):
		Range of Combined	September 30,
		Ownership Interests	2012		2011
	Real estate investment entities	1% – 10%	$	8,043	$	8,439
	Financial fund management partnerships	3% − 11%	3,983		3,476
	Trapeza entities	33% − 50%	967		795
	LEAF	14.90%	—		—
	Commercial finance investment entities	2% − 7%	—		—
	Investments in unconsolidated entities		$	12,993	$	12,710
	Two of the Trapeza entities that have incentive distributions, also known as carried interests, are subject to a potential clawback to the extent that such distributions exceed the cumulative net profits of the entities, as defined in the respective partnership agreements (see Note 22).  The general partner of those entities is equally owned by the Company and its co-managing partner.  Performance-based incentive fees in interim periods are recorded based upon a formula as if the contract were terminated at that date.  On a quarterly basis (interim measurement date), the Company quantifies the cumulative net profits/net losses (as defined under the Trapeza partnership agreements) and allocates income/loss to the limited and general partners according to the terms of such agreements.
	Investment in Unconsolidated Loan Manager. Until the Company sold its Apidos business to CVC on April 17, 2012, the operations of Apidos were included in the Company's consolidated results. Thereafter, the Company has recorded its 33% equity share of the results of the newly-formed joint venture, CVC Credit Partners, which includes the Apidos operations, in Financial Fund Management Revenues on the Consolidated Statements of Operations.

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Sep. 30, 2012
Property, Plant and Equipment [Abstract]	'
PROPERTY AND EQUIPMENT	'
	PROPERTY AND EQUIPMENT
	Property and equipment, net, consist of the following (in thousands):
		Estimated Useful Life	September 30,
			2012			2011
	Furniture and equipment	3-7 years	$	6,123		$	5,620
	Leasehold improvements	1-8 years	2,377			2,656
	LEAF property and equipment		—			11,939
			8,500			20,215
	Accumulated depreciation and amortization		(5,768		)	(5,183		)
	Accumulated depreciation and amortization - LEAF		—			(8,034		)
	Property and equipment, net		$	2,732		$	6,998

INTANGIBLE_ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Sep. 30, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'
INTANGIBLE ASSETS	'
	INTANGIBLE ASSETS
	In the fourth quarter of fiscal 2010, the Company recognized a $2.8 million impairment loss for customer lists acquired by its commercial finance operating segment due to the decline in the estimated future cash inflows to be generated by the acquired customer base. Amortization of intangible assets totaled $809,000 for fiscal 2010.

ACCRUED_EXPENSES

ACCRUED EXPENSES	12 Months Ended
	Sep. 30, 2012
Payables and Accruals [Abstract]	'
ACCRUED EXPENSES AND OTHER LIABILITIES	'
	ACCRUED EXPENSES AND OTHER LIABILITIES
	The following is a summary of the components of accrued expenses and other liabilities (in thousands):
		September 30,
		2012		2011
	Accounts payable and other accrued liabilities	$	8,627	$	8,153
	SERP liability (see Note 19)	6,976		7,049
	Accrued wages and benefits	5,396		3,617
	Trapeza clawback (see Note 22 )	1,181		1,181
	Real estate loan commitment	862		2,147
	Due to brokers	—		8,254
	LEAF accounts payable and accrued liabilities	—		10,486
	Total accrued expenses and other liabilities	$	23,042	$	40,887

BORROWINGS

BORROWINGS	12 Months Ended
	Sep. 30, 2012
Debt Disclosure [Abstract]	'
BORROWINGS	'
	BORROWINGS
	The credit facilities and other debt of the Company and related borrowings outstanding are as follows (in thousands):
		As of September 30, 2012				September 30,
						2011
		Maximum Amount of		Borrowings Outstanding		Borrowings Outstanding
		Facility
	Corporate and Real Estate:
	TD Bank – secured revolving credit facility (1)	$	6,997	$	—	$	7,493
	TD Bank – term loan	—		—		1,250
	Republic Bank – secured revolving credit facility	3,500		—		—
				—		8,743
	Senior Notes (2)			10,000		16,263
	Mortgage debt			10,531		10,700
	Other debt			812		548
	Total corporate and real estate borrowings			21,343		36,254
	Commercial Finance debt			—		177,800
	Total borrowings outstanding			$	21,343	$	214,054
	-1	The amount of the facility as shown has been reduced for outstanding letters of credit of $503,000 at September 30, 2012 and 2011.
	-2	The September 30, 2011 balance shown is net of an unamortized discount of $2.6 million related to the fair value of detachable warrants issued to the note holders. In conjunction with the refinancing of the Senior Notes in November 2011, the remaining unamortized discount was charged off to Loss on Extinguishment of Debt in the consolidated statements of operations.
	Corporate and Real Estate Debt
	TD Bank, N.A. (“TD Bank”).  On November 19, 2012, the Company amended its agreement to extend the maturity of the TD Bank facility to December 31, 2014, to set the interest rate on borrowings as either (a) the prime rate of interest plus 2.25% or (b) London Interbank Offered Rate ("LIBOR") plus 3% and to eliminate the previous floor of 6.0%. The LIBOR rate varies from one to six months depending upon the period of the borrowing at the Company's election. The Company is charged an annual fee of 0.5% on the unused facility amount as well as a 5.25% fee on the $503,000 of outstanding letters of credit.
	Borrowings are secured by a first priority security interest in certain of the Company's assets and the guarantees of certain subsidiaries, including (i) the present and future fees and investment income earned in connection with the management of, and investments in, sponsored CDO issuers, (ii) a pledge of 18,972 shares of TBBK common stock, and (iii) the pledge of 1,935,337 shares of RSO common stock.  Availability under the facility is limited to the lesser of (a) 75% of the net present value of future RSO base management fees to be earned or (b) the maximum revolving credit facility amount.
	There were no borrowings outstanding as of September 30, 2012 on the secured credit facility and the availability on the revolving line of credit portion of the facility was $7.0 million, as reduced for letters of credit. During fiscal 2012, the Company repaid the outstanding term loan portion of the credit facility in the amount of $1.3 million. Weighted average borrowings on the line of credit for fiscal 2012 and 2011 were $3.7 million and $10.1 million, respectively, at a weighted average borrowing rate of 6.0% and 6.6%, respectively, with an effective interest rate (inclusive of amortization of deferred issuance costs) of 12.0% and 10.5%, respectively. Weighted average borrowings for the term note for fiscal 2012 were $194,000 at a weighted average borrowing rate of 6.0% and an effective interest rate of 38.2% (reflecting the accelerated amortization of deferred finance costs). Weighted average borrowings for the term note for fiscal 2011 were $1.7 million, at a weighted average borrowing rate of 6.0%, with an effective interest rate (inclusive of amortization of deferred issuance costs) of 12.9%.
	Republic First Bank (“Republic Bank”). In February 2011, the Company entered into a $3.5 million revolving credit facility with Republic Bank.  The facility bears interest at the prime rate of interest plus 1% with a floor of 4.5%.  The loan is secured by a pledge of 700,000 shares of RSO stock and a first priority security interest in certain real estate collateral located in Philadelphia, Pennsylvania.  Availability under this facility is limited to the lesser of (a) the sum of (i) 25% of the appraised value of the real estate, based upon the most recent appraisal delivered to the bank and (ii) 100% of the cash and 75% of the market value of the pledged RSO shares held in the pledged account; and (b) 100% of the cash and 100% of the market value of the pledged RSO shares held in the pledged account.  In January 2012, the Company amended this facility to extend the maturity date from December 28, 2012 to December 1, 2013 and to add an unused annual facility fee equal to 0.25%. In November 2013, the Company further amended this facility to extend the maturity date to December 28, 2016 and increase the unused fee to 0.50%. There were no borrowings under this facility during fiscal 2012 and 2011 and the availability as of September 30, 2012 was $3.5 million.
	Senior Notes
	In November 2011, the Company redeemed $8.8 million of its Senior Notes for cash and modified the terms of the remaining $10.0 million of notes to reduce the interest rate to 9% from 12% and to extend the maturity to October 2013. The maturity date was further extended to March 31, 2015 in December 2012. The detachable 5-year warrants to purchase 3,690,195 shares of common stock issued with the original notes remain outstanding. The Company accounted for the warrants as a discount to the original Senior Notes. Upon the modification and partial repayment of the Senior Notes, the Company expensed the remaining $2.2 million of unamortized discount. The effective interest rate (inclusive of the discount for the warrants) for fiscal 2012 and 2011 was 13.2% and 22.2%, respectively.
	Other Debt - Real Estate and Corporate
	Real estate − mortgage. In August 2011, the Company obtained a $10.7 million mortgage for its hotel property in Savannah, Georgia.  The 6.36% fixed rate mortgage, which matures in September 2021, requires monthly principal and interest payments of $71,331.  The principal balance as of September 30, 2012 and 2011 was $10.5 million and $10.7 million, respectively.
	Corporate − term notes. In August 2012, the Company entered into two term notes totaling $546,000 to finance the payment of various insurance policy premiums. The notes are secured by the return premiums, dividend payments and certain loss payments of the insurance policies and require nine monthly principal and interest payments of $61,508. The principal balance outstanding at September 30, 2012 was $487,000.
	Corporate - capital lease. In December 2011, the Company entered into a capital lease for the purchase of computer equipment at an interest rate of 7.2%. The two-year lease requires monthly payments of $22,697. The principal balance of the lease at September 30, 2012 was $325,000.
	Terminated and/or Transferred Facilities and Loans
	Commercial Finance Debt. Due to the November 2011 LEAF Transaction and resulting deconsolidation of LEAF, the Company's commercial finance debt is no longer included in the Company's consolidated financial statements.
	Securitization of leases and loans. On October 28, 2011, LEAF completed a $105.0 million securitization. A subsidiary of LEAF issued eight classes of notes which are asset-backed debt, secured and payable by certain assets of LEAF. The notes included interest rates ranging from 0.4% to 5.5%, rated by both Dominion Bond Rating Service, Inc. (“DBRS”) and Moody's Investors Services, Inc., and mature from October 2012 to March 2019. The weighted average borrowings for the period from October 1 to November 16, 2011 were $42.7 million, at a weighted average borrowing rate of 2.6% and an effective interest rate (inclusive of amortization of deferred financing costs and interest rate swaps) of 5.6%.
	Guggenheim Securities LLC (“Guggenheim”). At December 31, 2010, LEAF Financial had a short-term bridge loan with Guggenheim for borrowings up to $21.8 million. The bridge facility was repaid in January 4, 2011 and terminated on February 28, 2011. Beginning in January 2011, Guggenheim provided LEAF with a revolving warehouse credit facility with availability up to $110.0 million and committed to further expand the borrowing limit to $150.0 million. LEAF, through its wholly-owned subsidiary, issued to Guggenheim, as initial purchaser, six classes of DBRS-rated variable funding notes, with ratings ranging from “AAA” to “B”, for up to $110.0 million.  The notes were secured and payable only from the underlying equipment leases and loans.  Interest was calculated at a rate of 30-day LIBOR plus a margin rate applicable to each class of notes. The revolving period of the facility ends on December 31, 2012 and the stated maturity of the notes is December 15, 2020, unless there is a mutual agreement to extend. Principal payments on the notes are required to begin when the revolving period ends. The Company was not an obligor or a guarantor of these securities and the facility was non-recourse to the Company. The weighted average borrowings for the period from October 1 to November 16, 2011 (prior to the LEAF deconsolidation) were $68.8 million, at a weighted average borrowing rate of 4.2% and an effective interest rate of 5.1%. The weighted average borrowings for fiscal 2011 were $40.4 million, at a weighted average rate of 4.1% and an effective interest rate (inclusive of amortization of deferred financing costs and interest rate swaps) of 5.1% . The weighted average borrowings on the bridge loan for fiscal 2011 was $8.7 million, at a weighted average rate of 6.8% and an effective interest rate of 9.2%.
	Series 2010-2 term securitization. In May 2010, LEAF Receivables Funding 3, LLC, a subsidiary of LEAF (“LRF3”), issued $120.0 million of equipment contract-backed notes (“Series 2010-2”) to provide financing for leases and loans.  In the connection with the formation of LEAF in January 2011, RSO contributed the Series 2010-2 notes, along with the underlying lease portfolio, to LEAF. LRF3 is the sole obligor on these notes. The weighted average borrowings for the period from October 1 to November 16, 2011 were $70.1 million at a weighted average borrowing rate of 5.1% and an effective interest rate of 8.5%. The weighted average borrowings during fiscal 2011 were $62.5 million, at a weighted average rate of 5.4%, with an effective interest rate (inclusive of amortization of debt discount and deferred issuance costs) of 8.7% .
	Mortgage.  In November 2007, in conjunction with the acquisition of an equipment leasing company, LEAF entered into a $1.5 million first mortgage due December 2037 on an office building in Moberly, Missouri.  The 8% mortgage, with an outstanding balance of $1.4 million at September 30, 2011, required monthly payments of principal and interest of $11,000.
	Capital leases.  LEAF had entered into various capital leases for the purchase of equipment at interest rates ranging from 5.1% to 7.4% and terms ranging from three to five years.  The principal balance of these leases at September 30, 2011 was $114,000.
	Corporate Debt − term notes.  In August and September 2011, the Company entered into two term notes totaling $615,000 to finance the payment of various insurance policy premiums.  The notes were secured by the return premiums, dividend payments and certain loss payments of the insurance policies and required nine monthly principal and interest payments of $69,773 and were fully repaid in May 2012.
	In August 2010, the Company entered into two term notes totaling $901,000 to finance the payment of various insurance policy premiums. The notes required nine monthly principal and interest payments of $102,200 and were fully repaid in May 2011.
	In September 2008, the Company entered into a three-year unsecured term note for $473,000 to finance the purchase of software.  The loan, which required 36 monthly principal and interest payments of $14,200, matured and was fully repaid in September 2011.
	Capital leases.  The Company had entered into various capital leases for the purchase of equipment at interest rates ranging from 6.9% to 7.2% and terms ranging from two years to three years.  The leases matured and were paid in full during fiscal 2011.
	Debt repayments
	Annual principal payments on the Company’s aggregate borrowings for the next five fiscal years ending September 30, and thereafter, are as follows (in thousands):
	2013	$	904
	2014	10,284
	2015	207
	2016	219
	2017	235
	Thereafter	9,494
		$	21,343
	Covenants
	The TD Bank credit facility is subject to certain financial covenants, which are customary for the type and size of the facility, including debt service coverage and debt to equity ratios. The debt to equity ratio restricts the amount of recourse debt the Company can incur based on a ratio of recourse debt to net worth.
	The mortgage on the Company's hotel property contains financial covenants related to the net worth and liquid assets of the Company. Although non-recourse in nature, the loan is subject to limited standard exceptions (or “carveouts”) which the Company has guaranteed.  These carveouts will expire as the loan is paid down over the next ten years.  The Company has control over the operations of the underlying property, which mitigates the potential risk associated with these carveouts and, accordingly, no liabilities for these obligations have been recorded in the consolidated financial statements.  To date, the Company has not been required to make any carveout payments.
	The Company was in compliance with all of its financial debt covenants as of September 30, 2012.

COMPREHENSIVE_INCOME_LOSS

COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Sep. 30, 2012
Comprehensive Income (Loss) [Abstract]	'
COMPREHENSIVE INCOME (LOSS)	'
	COMPREHENSIVE INCOME (LOSS)
	Comprehensive income (loss) includes net income (loss) and all other changes in the equity of a business from transactions and other events and circumstances from non-owner sources.  These changes, other than net income (loss), are referred to as “other comprehensive income (loss)” and for the Company include primarily changes in the fair value, net of tax, of its investment securities available-for-sale and pension liability.  Other comprehensive income (loss) also includes the Company’s share of unrealized losses on hedging contracts held by the commercial finance investment partnerships and LEAF.
	The following are changes in accumulated other comprehensive income (loss) by category (in thousands):
		Investment Securities		Cash Flow Hedges			Foreign Currency			SERP Pension			Total
		Available-for-Sale					Translation Adjustments			Liability
	Balance, October 1, 2010 (as restated), net of tax of $279, $(146), $0 and $(1,966)	$	447	$	(171	)	$	(368	)	$	(2,507	)	$	(2,599	)
	Changes during fiscal 2011	376		(51		)	368			(463		)	230
	Balance, September 30, 2011, net of tax of $519, $(202), $0 and $(2,271)	823		(222		)	—			(2,970		)	(2,369		)
	Changes during fiscal 2012	17		200			—			(74		)	143
	Balance, September 30, 2012, net of tax of $533, $(15), $0 and $(2,329)	$	840	$	(22	)	$	—		$	(3,044	)	$	(2,226	)

DERIVATIVE_INSTRUMENTS

DERIVATIVE INSTRUMENTS	12 Months Ended
	Sep. 30, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
DERIVATIVE INSTRUMENTS	'
	DERIVATIVE INSTRUMENTS
	As of September 30, 2012, the Company does not directly engage in derivative activities. As of September 30, 2012, included in Accumulated Other Comprehensive Income (Loss) were net unrealized losses of $13,000 (net of tax benefit of $9,000) related to the Company's equity interests in the hedging activity of LEAF. As of September 30, 2011, included in accumulated other comprehensive loss were unrealized net losses of $181,000 (net of tax benefit and noncontrolling interests of $223,000) related to four LEAF interest rate swap contracts.
	In addition, included in accumulated other comprehensive loss as of September 30, 2012 and 2011 is a net unrealized loss of $9,000 (net of tax benefit of $6,000) and $41,000 (net of tax benefit of $28,000) for instruments held by the commercial finance investment funds in which the Company owns an equity interest. The Company recognized no gains or losses during fiscal 2011 for hedge ineffectiveness.
	Prior to the deconsolidation of LEAF, the Company’s investments in commercial finance assets had been structured on a fixed-rate basis, but some of the borrowings on those assets were obtained on a floating-rate basis.  As a result, the Company was exposed to risk if interest rates rose, which in turn, would have increased the Company’s borrowing costs.  In addition, when the Company acquired commercial finance assets, it based its pricing, in part, on the spread it expected to achieve between the interest rate it charged its customers and the effective interest cost the Company paid when it funded the respective borrowings.  Increases in interest rates that increased the Company’s permanent funding costs between the time the assets were originated and the time they were funded could have narrowed, would have eliminated or even reversed this spread.  In conjunction with the securitization of its commercial finance assets in October 2011, three of the four outstanding swap contracts were terminated.
	Historically, to manage its interest rate risk, LEAF employed a hedging strategy using derivative financial instruments such as interest rate swaps, which were designated as cash flow hedges.  Accordingly, changes in fair value of those derivatives were recorded in accumulated other comprehensive loss and were subsequently reclassified into earnings when the hedged forecasted interest payments were recognized in earnings.  LEAF did not use derivative financial instruments for trading or speculative purposes.  LEAF managed the credit risk of possible counterparty default in the derivative transactions by dealing exclusively with counterparties with high credit quality.  As of September 30, 2011, the fair value of derivatives in a net liability position related to these agreements was $404,000, net of accrued interest, and for which LEAF had posted $300,000 in cash collateral as security for any unfunded liability.
	Derivative instruments were reported at fair value as of September 30, 2011 as follows (in thousands, except number of contracts):
		Notional Amount		Termination Date of Swap	Derivative Liability Reported in Accrued Expenses and Other Liabilities		Number of Contracts
	Interest rate swaps designated as cash flow hedges	$	60,615	March 15, 2015	$	404	4

NONCONTROLLING_INTERESTS

NONCONTROLLING INTERESTS	12 Months Ended
	Sep. 30, 2012
Noncontrolling Interest [Abstract]	'
NONCONTROLLING INTERESTS	'
	NONCONTROLLING INTERESTS
	The following table presents the activity in noncontrolling interests during fiscal 2012 (in thousands):
		RSO			RAI
	Noncontrolling interests, October 1, 2011	$	398,377		$	(1,269	)
	Net income attributable to noncontrolling interests	62,520			(223		)
	Other comprehensive income	19,249			49
	Proceeds from issuance of stock, net	170,928			—
	Amortization of stock based compensation	4,636			—
	Distributions to noncontrolling interests	(74,243		)	(80		)
	Deconsolidation of LEAF	—			1,648
	Other	(17		)	83
	Noncontrolling interest, September 30, 2012	$	581,450		$	208
	The following table presents the activity in noncontrolling interests during fiscal 2011 (in thousands):
		RSO			RAI
	Noncontrolling interests, October 1, 2010 (as restated)	$	316,588		$	(2,873	)
	Net income (loss) attributable to noncontrolling interests	36,283			(2,111		)
	Other comprehensive income	(12,409		)	(24		)
	Proceeds from issuance of stock, net	129,911			—
	Amortization of stock based compensation	2,526			40
	Distributions to noncontrolling interests	(72,837		)	—
	Related party debt forgiveness	(1,552		)	—
	Other	(133		)	1
	Exchange of LEAF Financial common stock held by management for LEAF common stock	—			3,467
	LEAF common stock issuance costs	—			(221		)
	Warrants issued to Guggenheim	—			452
	Noncontrolling interests, September 30, 2011	$	398,377		$	(1,269	)

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Sep. 30, 2012
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
	The following table details the allocation of the Company's provision (benefit) for income taxes from continuing operations between RAI and RSO:
		Fiscal Years Ended September 30,
		2012				2011				2010
	RAI	$	13,512			$	(4,607	)		(2,650		)
	RSO	14,602				12,036				—
	Total	$	28,114			$	7,429			$	(2,650	)
	The following table details the components of the Company's provision (benefit) for income taxes from continuing operations excluding RSO (in thousands):
		Fiscal Years Ended September 30,
		2012				2011				2010
	Current tax provision:
	Federal	$	—			$	51			$	1,379
	State	959				574				535
	Foreign	44				425				—
	Total current tax provision	1,003				1,050				1,914
	Deferred tax provision (benefit)
	Federal	13,787				(4,668		)		(5,795		)
	State	(1,278		)		(2,056		)		(223		)
	Foreign	—				1,067				1,454
	Total deferred tax provision (benefit)	12,509				(5,657		)		(4,564		)
	Total income tax provision (benefit)	$	13,512			$	(4,607	)		$	(2,650	)
	A reconciliation between the federal statutory income tax rate and the Company's effective income tax rate excluding RSO is as follows:
		Fiscal Years Ended September 30,
		2012			2011			2010
	Statutory tax rate	35	%		35	%		35	%
	State and local taxes, net of federal benefit	2			13			12
	Deconsolidation adjustment	(6	)		—			—
	Return permanent adjustments	—			12			(7	)
	Taxable foreign distributions	—			(6	)		—
	Valuation allowance for deferred tax assets	2			(4	)		(18	)
	Equity-based compensation expense	—			(3	)		(8	)
	Other items	1			—			(1	)
		34	%		47	%		13	%
	Deferred tax assets (liabilities) are provided for the effects of temporary differences between the tax basis of an asset or liability and its reported amount in the consolidated balance sheets.  These temporary differences will result in taxable or deductible amounts in future years.  The components of deferred tax assets, net, excluding RSO are as follows (in thousands):
		September 30,
		2012				2011
	Deferred tax assets related to:
	Federal, foreign, state and local operating loss carryforwards	$	23,225			$	23,594
	Capital loss carryforwards	1,314				24,752
	Unrealized loss on investments	2,118				2,164
	Provision for credit losses	11,288				4,627
	Accrued expenses	2,059				3,685
	Employee equity compensation awards	906				1,242
	Investments in real estate assets	1,076				41
	Property and equipment basis differences	—				681
	Gross deferred tax assets	41,986				60,786
	Less:  valuation allowance	(5,812		)		(4,858		)
		36,174				55,928
	Deferred tax liabilities related to:
	Investments in partnership interests	(6,001		)		(12,013		)
	Deferred income	(2,312		)		—
	Property and equipment basis differences	(91		)		—
		(8,404		)		(12,013		)
	Deferred tax assets, net	$	27,770			$	43,915
	At September 30, 2012, the Company had gross federal ($38.5 million), state and local ($176.1 million) and foreign ($700,000) net operating tax loss carryforwards ("NOLs") of $215.3 million (deferred tax asset of $23.2 million) that will expire between fiscal 2012 and 2032.  The Company believes it will be able to utilize up to $112.2 million of these NOLs (tax effected benefit of $18.8 million) prior to their expiration and has changed its valuation allowance against gross NOLs from $80.1 million to $103.1 million (tax effected expense of $1.0 million).  In addition, the Company changed its valuation allowance against gross state timing differences of $1.0 million to $2.1 million (tax effected expense of $600,000) that the Company believes it will not be able to use.  Management will continue to assess its estimate of the amount of NOLs that the Company will be able to utilize.  Furthermore, its estimate of the required valuation allowance could be adjusted in the future if projections of taxable income are revised.  Management believes it is more likely than not that the other net deferred tax assets will be realized based on tax planning strategies that will generate future taxable income during the periods in which these temporary differences become deductible.
	The Company is subject to examination by the U.S. Internal Revenue Service (“IRS”) and by the taxing authorities in states in which the Company has significant business operations, such as Pennsylvania and New York.  The Company is currently undergoing a New York State examination for fiscal 2007 through 2009.  The Company is not subject to IRS examination for fiscal years before 2009 and is not subject to state and local income tax examinations for fiscal years before 2006.

EARNINGS_LOSS_PER_SHARE

EARNINGS (LOSS) PER SHARE	12 Months Ended
	Sep. 30, 2012
Earnings Per Share [Abstract]	'
EARNINGS PER SHARE	'
	EARNINGS (LOSS) PER SHARE
	Basic earnings (loss) per share (“Basic EPS”) is computed using the weighted average number of common shares outstanding during the period, inclusive of nonvested share-based awards that are entitled to receive non-forfeitable dividends.  The diluted earnings (loss) per share (“Diluted EPS”) computation takes into account the effect of potential dilutive common shares.  Potential common shares, consisting primarily of outstanding stock options, warrants and director deferred shares, are calculated using the treasury stock method.
	The following table presents a reconciliation of the shares used in the computation of Basic EPS and Diluted EPS (in thousands):
		Fiscal Year Ended
		30-Sep-12
	Shares
	Basic shares outstanding	19,740
	Dilutive effect of outstanding stock options, warrants and director units	894
	Dilutive shares outstanding	20,634
	For fiscal 2011 and 2010, the Basic EPS and Diluted EPS shares were the same because the impact of potential dilutive securities would have been antidilutive.  Accordingly, the following were excluded from the Diluted EPS computation as of September 30, 2011 and 2010: outstanding options to purchase 2.1 million and  2.5 million (weighted average price per share of $9.90 and $9.03), respectively, and warrants to purchase 3,690,000 shares of common shares (exercise price per share of $5.10).  Additionally as of September 30, 2010, there were 69,300 shares, respectively, of restricted stock outstanding (fair value of $16.42 per share) that did not participate in dividends with the common stock and, as such, were also excluded from the Diluted EPS calculation.

BENEFIT_PLANS

BENEFIT PLANS	12 Months Ended
	Sep. 30, 2012
Compensation and Retirement Disclosure [Abstract]	'
BENEFIT PLANS	'
	BENEFIT PLANS
	Employee stock options.  As of September 30, 2012, the Company has four employee stock plans: the 1997 Plan, the 1999 Plan, the 2002 Plan and the 2005 Plan.  Equity awards from these plans generally become exercisable 25% per year after the date of grant but may vest immediately at management’s discretion and expire no later than ten years from the date of grant.
	The employee stock plans allow for grants of the Company’s common stock in the form of incentive stock options (“ISOs”), non-qualified stock options, and stock appreciation rights.  Under the 2005 Plan, the Company may also grant restricted stock, stock units, performance shares, stock awards, dividend equivalents and other stock-based awards.  The Company does not record a tax benefit for option awards at the grant date since the options it issues are generally ISOs and employees have typically held the stock received on exercise for the requisite holding period.
	The Company did not grant any options during fiscal 2012, 2011 or 2010.
	At September 30, 2011 and 2010, the Company had unamortized compensation expense related to nonvested stock options of $45,000 and $202,000, respectively.  The balance of the unamortized compensation at September 30, 2011 was fully expensed during fiscal 2012.  For fiscal 2012, 2011 and 2010, the Company recorded option compensation expense of $45,000, $165,000 and $226,000, respectively.
	Restricted stock.  During fiscal 2012, 2011 and 2010, the Company awarded a total of 33,143, 214,568 and 399,156 shares of restricted stock, respectively, valued at $214,000, $1.4 million and $1.7 million, respectively, and recorded compensation expense for outstanding restricted stock of $1.2 million, $1.9 million and $2.7 million (of which $38,000, $33,000 and $232,000 related to the accelerated vesting of awards for certain terminated employees), respectively.
	In January 2011, in connection with the formation of LEAF, all of the outstanding restricted stock of LEAF Financial held by its senior management were exchanged for 1,000 shares of restricted stock of LEAF.  The Company recorded equity-based compensation expense related to the LEAF and LEAF Financial restricted stock of $94,000 and $57,000 for fiscal 2011 and 2010, respectively. No compensation expense was recorded for these shares for fiscal 2012.
	Performance-based awards.  The Company issues performance-based awards which are earned based on the achievement of specified goals as of a designated measurement date.  The goals typically include such measures as earnings per share, return on equity, revenues and assets under management.  During fiscal 2012, 2011 and 2010, the Company awarded 0, 36,000, and 0 shares of performance-based restricted stock, respectively, and recorded compensation expense of $38,000, $0 and $96,000 during fiscal 2012, 2011 and 2010, respectively, related to performance awards that had been earned.  There were 6,000 nonvested earned performance-based restricted shares outstanding as of September 30, 2012 (none at September 30, 2011).
	Unearned Performance-based Restricted Stock	Shares
	Outstanding, beginning of year	136,000
	Awarded	—
	Earned	(12,000	)
	Forfeited	(100,000	)
	Outstanding, end of year	24,000
	Aggregate information regarding the Company’s employee stock options as of September 30, 2012 is as follows:
	Stock Options Outstanding	Shares			Weighted				Weighted		Aggregate
					Average				Average		Intrinsic Value
					Exercise Price				Contractual Life
	Balance, beginning of year	2,083,215			$	9.9			2.5		$	1,636,000
	Granted	—			$	—
	Exercised	(1,034,738	)		$	(3.58	)
	Forfeited and/or expired	(3,251	)		$	(19.06	)
	Balance, end of year	1,045,226			$	16.12			3		$	21,594
	Exercisable, September 30, 2012	1,045,226			$	—
	Available for grant	861,296		(1)
	-1	At the Company’s 2011 Annual Meeting, shareholders approved an 800,000 increase in the shares authorized for grant under the Company’s 2005 Plan.  The shares available for grant reflect this increase, as reduced by restricted stock award grants, net of forfeitures.
	The following table summarizes the activity for nonvested employee stock options and restricted stock (excluding performance-based awards) during fiscal 2012:
		Shares			Weighted Average
					Grant Date
					Fair Value
	Nonvested Stock Options
	Outstanding, beginning of year	22,687			$	3.48
	Granted	—			$	—
	Vested	(22,687	)		$	(3.48	)
	Forfeited and/or expired	—			$	—
	Outstanding, end of year	—			$	—
	Nonvested Restricted Stock
	Outstanding, beginning of year	649,007			$	5.85
	Granted	45,143			$	6.42
	Vested and issued	(278,125	)		$	(6.86	)
	Forfeited	(12,830	)		$	(4.77	)
	Outstanding, end of year	403,195			$	5.23
	Deferred stock and deferred compensation plans.  In addition to the employee stock plans, the Company has three plans for its non-employee directors (“Eligible Directors”), the 1997 Director Plan, the 2002 Director Plan, and the 2012 Director Plan.  Each unit granted under these plans represents the right to receive one share of the Company’s common stock.
	The 1997 Director Plan has issued all of its authorized 173,450 units.  As of September 30, 2012 and 2011, there were 104,070 units vested and outstanding under this plan.
	Eligible Directors are eligible to participate in the 2002 and 2012 Director Plans.  Upon becoming a director, each Eligible Director receives units equal to a share compensation amount divided by the closing price of the Company’s common stock on the date of grant.  Eligible Directors receive an additional unit award on each anniversary of the date of initial grant equal to their share compensation divided by the closing price of the Company’s common stock on the date of grant.  Units vest on the later of: (i) the fifth anniversary of the date the recipient became an Eligible Director and (ii) the first anniversary of the grant of those units, except that units will vest sooner upon a change in control or death or disability of an Eligible Director, provided the Eligible Director has completed at least six months of service.  Upon termination of service by an Eligible Director, shares of common stock are issued for vested units and all nonvested units are forfeited.
	The 2002 Director Plan provides for the issuance of 173,450 units and terminated on April 29, 2012, such that the plan can no longer make any additional grants (grants outstanding remain unaffected). As of September 30, 2012, there were 130,956 units outstanding (of which 115,052 were vested) under the 2002 Director Plan.
	The 2012 Director Plan provides for the issuance of up to a maximum of 200,000 units and will terminate on March 8, 2022, except with respect to previously awarded grants. As of September 30, 2012, there were 9,654 units outstanding (none of which were vested) under the 2012 Director Plan.
	Aggregate information regarding the Company’s three director plans at September 30, 2012 was as follows:
		Shares			Weighted Average
					Grant Date
					Fair Value
	Director Units
	Outstanding, beginning of year	238,737			$	6.56
	Granted	30,255			$	5.95
	Issued	(19,612	)		$	(6.88	)
	Forfeited	(4,697	)		$	(4.79	)
	Outstanding, end of year	244,683			$	6.38
	Vested units	219,125			$	6.41
	Available for grant	190,346
	The following table summarizes the activity for outstanding nonvested director units during fiscal 2012:
		Shares			Weighted Average
					Grant Date
					Fair Value
Nonvested Director Units
Outstanding, beginning of year	34,115			$	6.38
Granted	30,255			$	5.95
Vested	(34,115	)		$	(6.38	)
Forfeited	(4,697	)		$	(4.79	)
Outstanding, end of year	25,558			$	6.16
Employee Stock Ownership Plan.  The Company had sponsored an Employee Stock Ownership Plan (“ESOP”) which was a qualified non-contributory retirement plan established to acquire shares of the Company’s common stock for the benefit of its employees who are 21 years of age or older, completed 1000 hours of service and were employed by the Company for one year.  Contributions to the ESOP were funded by the Company.   Vested shares held by the plan were distributed upon the termination of the participant’s employment with the Company.  The Company has terminated the ESOP and, in connection with this termination, distributed the remaining plan assets to participants and liquidated the ESOP trust in the fourth quarter of fiscal 2012.  There was no compensation expense recorded related to this plan during fiscal 2012, 2011 or 2010.
Employee 401(k) Plan.  The Company sponsors a qualified 401(k) Plan to enable employees to save for their retirement on a tax deferred basis.  Employees are eligible to make elective deferrals commencing on the first day of the month after their date of hire.  Prior to January 1, 2012, the Company matched 50% of such deferrals, limited to 10% of an employee’s annual compensation, after the completion of 1000 hours of service and having been employed by the Company for one year.  The match earned prior to January 1, 2012 vests over a period of five years.   On January 1, 2012, the Plan was amended to become a Safe Harbor Plan and the match was changed to equal (1) 100% of participant contributions up to the first 3% of participant compensation, plus (2) 50% of participant contributions on the next 2% of participant compensation. In addition, matching contributions made after January 1, 2012 are 100% vested. The Company has recorded compensation expense of $465,000, $712,000 and $1.1 million for matching contributions during fiscal 2012, 2011 and 2010, respectively.
SERP. The Company established a SERP, which has Rabbi and Secular Trust components, for Mr. Edward E. Cohen (“Mr. E. Cohen”), while he was the Company’s Chief Executive Officer.  The Company pays an annual benefit equal to $838,000 during his lifetime or for a period of 10 years from June 2004, whichever is longer.  The 1999 Trust, a secular trust, purchased and holds 100,000 shares of the common stock of TBBK ($1.0 million fair value at September 30, 2012).  The Company held 33,509 shares of TBBK as of September 30, 2011 which were all sold during fiscal 2012 to fund SERP distribution payments to Mr. E. Cohen. The Company anticipates funding $838,000 to the Plan during fiscal 2013 in order for the Plan to pay the annual benefit.
The components of net periodic benefit costs for the SERP were as follows (in thousands):
	Fiscal Years Ended September 30,
	2012				2011				2010
Interest cost	$	325			$	366			$	430
Less: expected return on plan assets	(70		)		(66		)		(59		)
Plus: Amortization of unrecognized loss	378				298				263
Net cost	$	633			$	598			$	634
The reconciliation of the beginning and ending balances for the SERP benefit obligation and fair value of plan assets, comprised entirely of equity securities, as well as the funded status of the Company’s SERP liability, is as follows (in thousands):
	September 30,
	2012				2011
Projected benefit obligation, beginning of year	$	8,216			$	7,626
Interest cost	325				366
Actuarial loss	847				1,062
Benefit payments	(838		)		(838		)
Projected benefit obligation, end of year	$	8,550			$	8,216
Fair value of plan assets, beginning of year	$	1,167			$	1,106
Actual gain on plan assets	407				61
Fair value of plan assets, end of year	$	1,574			$	1,167
Unfunded status	$	(6,976	)		$	(7,049	)
Unrecognized net actuarial loss	5,373				5,241
Net accrued cost	$	(1,603	)		$	(1,808	)
Amounts recognized in the consolidated balance sheets consist of:
Accrued benefit liability	$	(6,976	)		$	(7,049	)
Accumulated other comprehensive loss	3,044			(1)	2,970
Deferred tax asset	2,329				2,271
Net liability recognized	$	(1,603	)		$	(1,808	)
-1	The estimated net loss for the plan that is expected to be amortized from accumulated other comprehensive loss into net periodic pension benefit cost over the next fiscal year is $399,000.
As of September 30, 2012, the fair value of the SERP plan asset by level within the fair value hierarchy was as follows (in thousands):
	Level 1				Level 2				Level 3			Total
Asset:
Equity securities - TBBK	$	1,574			$	—			$	—		$	1,574
The SERP is expected to make benefit payments based on the same assumptions used to measure the Company’s benefit obligation at September 30, 2012 (2.9% discount rate, 6% expected return on assets) over the next five fiscal years ending September 30, and thereafter, as follows (in thousands):
	2013	$	838
	2014	827
	2015	782
	2016	757
	2017	729
	Thereafter	3,131
		$	7,064

CERTAIN_RELATIONSHIPS_AND_RELA

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS	12 Months Ended
	Sep. 30, 2012
Related Party Transactions [Abstract]	'
CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS	'
	CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS
	In the ordinary course of its business operations, the Company has sponsored and manages investment entities.  Additionally, it has ongoing relationships with several related entities.  The following table details these receivables and payables (in thousands):
		September 30,
		2012			2011
	Receivables from managed entities and related parties, net:
	Commercial finance investment entities (1)	$	13,904		$	29,725
	Real estate investment entities (2)	18,169			19,749
	Financial fund management investment entities	2,193			2,540
	Other	152			103
	Receivables from managed entities and related parties	$	34,418		$	52,117
	Payables due to managed entities and related parties, net:
	Real estate investment entities (3)	$	3,900		$	1,010
	Other	449			—
	Payables to managed entities and related parties	$	4,349		$	1,010
	-1	Reflects $25.1 million of reserves for credit losses related to management fees owed from three commercial finance investment entities that, based on a change in estimated cash distributions, are not expected to be collectible.
	-2	Reflects $2.5 million of reserves for credit losses related to management fees owed from two real estate investment entities that, based on projected cash flows, are not expected to be collectible.
	-3	Reflects $2.9 million in funds provided by the real estate investment entities, which are held by the Company to self insure the properties held by those entities.
	The Company receives fees, dividends and reimbursed expenses from several related/managed entities.  In addition, the Company reimburses related entities for certain operating expenses.  The following table details those activities (in thousands):
		Fiscal Years Ended September 30,
		2012			2011			2010
	Fees from unconsolidated investment entities:
	Real estate (1)	$	17,301		$	12,847		$	11,638
	Financial fund management (2)	3,183			4,391			3,445
	Commercial finance (3)	—			—			10,637
	CVC Credit Partners – reimbursement of net costs and expenses	1,866			—			—
	RRE Opportunity REIT:
	Reimbursement of costs and expenses	874			1,843			1,824
	Dividends paid	14			—			—
	LEAF:
	Payment for sub-servicing the commercial finance investment	(2,172		)	—			—
	partnerships
	Payment for rent and related expenses	(686		)	—			—
	Reimbursement of net costs and expenses	288			—			—
	1845 Walnut Associates Ltd. – payment of rent and operating expenses	(637		)	(706		)	(567		)
	Brandywine Construction & Management, Inc. – payment for property management of hotel property	(216		)	(203		)	(197		)
	Atlas Energy, L.P. – reimbursement of net costs and expenses	634			1,070			871
	Ledgewood P.C. – payment for legal services	(564		)	(555		)	(295		)
	Graphic Images, LLC – payment for printing services	(216		)	(111		)	(94		)
	The Bancorp, Inc. – reimbursement of net costs and expenses	135			34			—
	9 Henmar LLC – payment of broker/consulting fees	(46		)	(50		)	(55		)
	-1	Reflects discounts recorded by the Company of $216,000, $512,000 and $463,000 recorded in fiscal 2012, 2011 and 2010 in connection with management fees from its real estate investment entities that it expects to receive in future periods.
	-2	For fiscal 2010, excludes a $2.3 million gain on the repurchase of limited partner interests in two of the Trapeza partnerships.
	-3	During fiscal 2012, 2011 and 2010, the Company waived $4.7 million, $8.1 million and $3.8 million, respectively, of its fund management fees from its commercial finance investment entities.
	Transactions with RSO prior to consolidation. LEAF Financial originated and managed commercial finance assets on behalf of RSO prior to the formation of LEAF in January 2011.  The leases and loans were typically sold to RSO at fair value plus an acquisition fee of 1% in addition to a 1% fee to then service the assets.  During fiscal 2010, LEAF Financial sold approximately $116.0 million of leases and loans to RSO for which LEAF Financial did not receive acquisition or servicing fees and, accordingly, recognized a loss of $7.5 million, consisting of an estimated loss reserve of $3.0 million (up to a maximum of approximately $5.9 million of delinquent assets could be returned), a servicing liability of $2.5 million and a $2.0 million write-off of previously unreimbursed capitalized costs associated with the portfolio.  Upon consolidation of RSO in October 2011, the Company adjusted retained earnings to eliminate the servicing and repurchase liability from its books. During fiscal 2010, LEAF Financial also sold an additional $10.3 million of leases and loans to RSO.  In addition, from time to time, LEAF Financial repurchased leases and loans from RSO at a price equal to their fair value as an accommodation under certain circumstances, which include the consolidation of multiple customer accounts, originations of new leases when equipment was upgraded and facilitation of the timely resolution of problem accounts when collection was considered likely.  LEAF Financial repurchased $140,000 of leases and loans from RSO during fiscal 2010. As part of the November 2011 LEAF Transaction, RSO transferred its remaining portfolio of leases and loans to LEAF.
	Relationship with CVC Credit Partners. In conjunction with the sale of Apidos to CVC, the Company received, in part, a 33% limited partner interest in CVC Credit Partners, a joint venture between the Company and CVC, and a 33% interest in the General Partner of CVC Credit Partners (see Note 1 for a more detailed description of the transaction). Mr. Jonathan Z. Cohen, the Company's Chief Executive Officer and President, serves as the chairman of the board of CVC Credit Partners for an initial term extending to December 31, 2013 so long as the Company holds at least 10% of the partnership interests. In addition, so long as the Company holds at least 25% of the partnership interests, the Company's consent will be required for all non-routine partnership actions, including dispositions and acquisitions in excess of specified thresholds, declarations of distributions, appointment and termination of senior employees, establishment of new investment funds and financings in excess of specified thresholds.
	Under a fee agreement, in connection with the April 2012 sale of Apidos to CVC, the Company is required to remit a portion of the base management fee and incentive compensation it receives from RSO to Apidos-CVC. The percentage paid to Apidos-CVC is determined by dividing the equity RSO holds in four Apidos CLOs by the calculated equity used to determine the base management fee. Any incentive compensation paid to Apidos-CVC excludes non-recurring items unrelated to Apidos-CVC.
	In February 2011, the Company entered into a services agreement with RSO to provide sub-advisory collateral management and administrative services for five CLOs holding approximately $1.7 billion in bank loans whose management contracts RSO had acquired.  In connection with the services provided, in February 2011 the management agreement was further amended to permit RSO to pay Apidos-CVC 10% of all base and additional collateral management fees and 50% of all incentive collateral management fees it collects and reimburse its expenses relative to the management of these CLOs.
	In accordance with the shared services agreement it has with CVC Credit Partners, the Company will receive $94,000 per month for reimbursement of various operating costs and expenses it incurs on behalf of the partnership.
	Relationship with LEAF. The Company maintains a shared service agreement with LEAF for the reimbursement of various costs and expenses it incurs on behalf of LEAF. In addition, the Company subleases office space in Philadelphia, Pennsylvania from LEAF under a lease that expires in August 2013.
	Sub-servicing agreement with LEAF for the commercial finance investment funds. The Company entered into a sub-servicing agreement with LEAF to provide management services for the commercial finance funds. The fee is equal to LEAF's costs to provide these services up to a maximum of 1% of the net present value of all lease and loan contracts comprising each commercial finance fund's borrowing base under its credit facilities or securitizations. In addition, LEAF is entitled to an evaluation fee equal to 50% of any acquisition or similar fee collected by the Company in connection with the acquisition of any new lease or loan contracts for which LEAF provides evaluation services.
	Transactions between LEAF Financial and its investment entities.  LEAF and LEAF Financial originated and manage leases and loans on behalf of the commercial finance funds for which LEAF Financial is also is the general partner.  Prior to the LEAF deconsolidation in November 2011, leases and loans were sold to the commercial finance funds at fair value plus an origination fee not to exceed 2%.  During fiscal 2012, 2011 and 2010, LEAF and LEAF Financial sold a total of $1.5 million, $821,000 and $65.9 million, respectively, of leases and loans to the commercial finance funds.  In addition, from time to time LEAF Financial repurchased leases and loans from the commercial finance funds.  During fiscal 2011 and 2010, LEAF Financial repurchased $0 and $6.0 million, respectively, of leases and loans from the commercial finance funds at a price equal to their fair value.
	Relationship with RRE Opportunity REIT.  The Company formed RRE Opportunity REIT in fiscal 2009.  The Company is entitled to receive reimbursements for costs associated with the formation and operating expenses of RRE Opportunity REIT.  As of September 30, 2012, the Company had a $138,000 receivable due from RRE Opportunity REIT.
	On June 17, 2011, the Company loaned $1.4 million to RRE Opportunity REIT at a rate of interest of 6.5% with a maturity of six months.  The loan was repaid on June 28, 2011, along with related interest.
	Relationship with Atlas Energy, L.P. (“Atlas”).  Mr. E. Cohen is the Company’s Chairman of the Board and is the chief executive officer (“CEO”) and president of the general partner of Atlas, and Mr. Jonathan Z. Cohen (“Mr. J. Cohen”), the Company’s CEO and President, is the general partner’s chairman of the board.  Atlas subleases office space from the Company and also reimburses the Company for certain shared services.  In addition, the Company subleases office space from Atlas on a month to month basis. At September 30, 2012, the Company had a $52,000 receivable balance from Atlas.
	Relationship with 1845 Walnut Associates Ltd.  The Company owns a 5% investment in a real estate partnership that owns a building at 1845 Walnut Street, Philadelphia in which the Company also leases office space.  In February 2009, the Company amended its lease for its offices in this building to extend the lease termination date through May 2013. In October 2012, the Company signed a new ten-year lease for 28,930 square feet of office space in the same building commencing in August 2013. The Company was provided a tenant allowance of $1.4 million for renovation of the office and the lease provides for a five-year extension.
	Relationship with Ledgewood P.C. (“Ledgewood”).  Until March 2006, Mr. Jeffrey F. Brotman was the managing member of Ledgewood, which provides legal services to the Company.  Mr. Brotman remained of counsel to Ledgewood through June 2007, at which time he became an Executive Vice President of the Company.  In addition, Mr. Brotman was a trustee of the SERP retirement trusts until he joined the Company.  In connection with his separation, Mr. Brotman will receive payments from Ledgewood through 2013.
	Mr. E. Cohen, who was of counsel to Ledgewood until April 1996, receives certain debt service payments from Ledgewood related to the termination of his affiliation with Ledgewood and its redemption of his interest in the firm.
	Relationship with Graphic Images, LLC (“Graphic Images”).  The Company utilizes the services of Graphic Images, a printing company, whose principal owner is the father of the Company’s Chief Financial Officer.
	Relationship with retirement trusts.  The Company has established two trusts to fund the SERP for Mr. E. Cohen.  The 1999 Trust, a secular trust, purchased 100,000 shares of the common stock of TBBK ($1.0 million fair value at September 30, 2012).  See “Relationship with TBBK,” below. This trust and its assets are not included in the Company’s consolidated balance sheets.  However, trust assets are considered in determining the amount of the Company’s liability under the SERP.  The 2000 Trust, a “Rabbi Trust,” held 33,509 shares of TBBK common stock (fair value of $240,000) at September 30, 2011, all of which were sold during fiscal 2012.  The SERP liability of $7.0 million is included in accrued expenses and other liabilities.
	Relationship with 9 Henmar LLC (“9 Henmar”).  The Company owns interests in the Trapeza entities that have sponsored CDO issuers and manage pools of trust preferred securities acquired by the CDO issuers.  The Trapeza entities and CDO issuers were originated and developed in large part by Mr. Daniel G. Cohen (“Mr. D. Cohen”).  The Company agreed to pay Mr. D. Cohen’s company, 9 Henmar, 10% of the fees the Company receives, before expenses, in connection with the first four Trapeza CDOs that the Company sponsored and manages.
	Relationship with TBBK.  Mr. D. Cohen is the chairman of the board and Mrs. Betsy Z. Cohen, (“Mrs. B. Cohen”, who is the wife of Mr. E. Cohen (Mr. E. Cohen and Mrs. B. Cohen are the parents of Messrs. J. Cohen and D. Cohen) is the CEO of TBBK and its subsidiary bank.  Beginning in June 2011, the Company sublet a portion of its New York office space to TBBK.  In fiscal 2012 and 2011, the Company sold 33,509 and 90,210 of its shares of TBBK common stock for $262,000 and $790,000, respectively, and realized gains of $22,000 and $186,000, respectively.  The Company did not sell any of its TBBK stock during fiscal 2010.  In addition, TBBK provides banking and operational services to LEAF Financial.  During fiscal 2012, 2011 and 2010, LEAF Financial paid $0, $5,000, and $13,000, respectively, in fees to TBBK.  Additionally, the Company held cash deposits of $41,000 at TBBK at September 30, 2012 and 2011, respectively.
	Relationship with certain directors, officers, employees and other related parties.  The Company serves as the general partner of seven partnerships that invest in regional domestic banks.  The general partner may receive a carried interest of up to 20% upon meeting specific investor return rates.  Some of the partnerships’ investors wanted to ensure that certain individuals who are critical to the success of the partnerships participate in the carried interest.  For four of these partnerships, the total participation authorized by the Company’s compensation committee was 48.5% of the 20% carried interest, of which Mr. J. Cohen is entitled to receive 10%.  Nine individuals, four of whom are employees of the Company, are entitled to receive the remaining 38.5%.  For the remaining three partnerships, the total participation authorized by the Company's compensation committee was 50% of the 20% carried interest. Six individuals, five of whom are employees of the Company, are entitled to receive the remaining 50%. No carried interest had been earned by any of the individuals through September 30, 2012.
	Relationship with Brandywine Construction & Management, Inc. (“BCMI”).  BCMI manages the property underlying one of the Company’s real estate investments.  Mr. E. Cohen is the chairman of BCMI.
In March 2008, the Company sold a 19.99% interest in two indirect subsidiaries that hold a hotel property in Savannah, Georgia to a limited liability company owned by Mr. Adam Kauffman ("Mr. A. Kauffman")for $1 million plus $130,000 in fees, and recognized a gain of $612,000.  The terms of the sale agreement provided an option to Mr. A. Kauffman, who is president of BCMI, to purchase up to the balance of the Company’s interest in the hotel for $50,000 per 1% interest purchased.  The purchase option expired in July 2011.  Mr. A. Kauffman now has a right-of-first-offer to purchase the balance of the Company’s interest in the hotel.
In November 2012, the Company paid a $95,000 fee to BCMI in connection with the negotiations and ultimate sale of a property in which the Company had a loan investment.
Advances to Affiliated Real Estate Limited Partnership. During fiscal 2011, the Company agreed to increase its advances to an affiliated real estate limited partnership under a revolving note to $3.0 million (from $2.0 million), bearing interest at the prime rate.  Amounts drawn, which are due upon demand, were $2.4 million and $2.2 million as of September 30, 2012 and 2011, respectively, which are included in Receivables from Managed Entities and Related Parties, net of allowance for credit losses. The Company recorded $56,000 and $69,000 of interest income on this loan during fiscal 2012 and 2011, respectively. Based on projected collectability concerns, determined by applying current asset values, these amounts have been fully reserved.

FAIR_VALUE

FAIR VALUE	12 Months Ended
	Sep. 30, 2012
Fair Value Disclosures [Abstract]	'
FAIR VALUE	'
	FAIR VALUE
	In analyzing the fair value of its assets and liabilities accounted for on a fair value basis, the Company follows the fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Assets and liabilities are categorized into one of three levels based on the assumptions (inputs) used in valuing the asset or liability. Level 1 provides the most reliable measure of fair value, while Level 3 generally requires significant management judgment. The three levels are defined as follows:
	Level 1 − Quoted prices in active markets for identical assets and liabilities that the reporting entity has the ability to access at the measurement date.
	Level 2 − Observable inputs other than quoted prices included within Level 1, such as quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets.
	Level 3 − Unobservable inputs that reflect the entity's own assumptions about the assumptions that market participants would use in the pricing of the asset or liability and that are, consequently, not based on market activity, but upon particular valuation techniques.
	There were no transfers between any of the Levels within the fair value hierarchy for any of the periods presented.
	The following is a discussion of the assets and liabilities that are recorded at fair value on a recurring and non-recurring basis, as well as the valuation techniques applied to each fair value measurement and the estimates and assumptions used by the Company in those measurements.
	Receivables from managed entities. The Company recorded a discount on certain of its receivable balances due from its real estate and commercial finance managed entities due to the extended term of the repayment to the Company. The discount was computed based on estimated inputs, including the repayment term (Level 3).
	For the real estate managed entity receivables, the Company assumes the fair value of the real estate investment funds through the sale of the underlying properties. The net proceeds are applied first to the payoff of the lenders and then to the payment of distributions due to investors; any balance remaining is then available to repay the amounts due to the Company. The balance sheet date fair value of the properties are individually calculated based on capitalized net operating income, which are derived from capitalization rates from a third-party research firm (for the region in which the properties are located, based on actual sales data for properties sold during the past year) as applied to the Company's internally-generated projected operating results for each of the respective properties. These projections are historically based on and are adjusted for current trends in the marketplace and specific changes as applicable by property.
	With respect to the commercial finance partnership receivables, management projects the availability of excess cash flow at the individual investment entity to repay the Company's receivable. In determining the excess cash flow, management starts with the gross future payments due on leases and loans for each of the funds, which are fixed and determinable, net of debt service and expected credit losses, which are estimated based on a migration analysis which is calculated based on historical data across the entire portfolio of leases and loans. This analysis estimates the likelihood that an account will progress through delinquency stages to ultimate charge-off. After an account becomes 180 or more days past due, any remaining balance is fully reserved, less an estimated recovery amount based on historical trends (currently estimated at 12.4%). Cash is first applied to the payoff of the underlying principal and interest on debt used to purchase the portfolios. The projected cash flows also take into consideration the receipt of other income (such as late fees or residual gains), the payment of general and administrative expenses of the funds and distributions to limited partners. The remaining excess cash is then available to repay the amounts due to the Company.
	Investment securities − equity securities. The Company uses quoted market prices (Level 1) to value its investment in TBBK common stock.
	Investment securities − trading securities. The Company uses third-party dealer quotes or bids and recent transactions to estimate the fair value of its trading securities (Level 3).
	Investment securities − CLO securities. The fair value of CLO securities is based on internally generated expected cash flow models that require significant management judgments and estimates due to the lack of market activity and unobservable pricing inputs. Unobservable inputs into these models include default, recovery, discount and deferral rates, prepayment speeds and reinvestment interest spreads (Level 3).
	The significant unobservable inputs used in the fair value measurement of the Company's CLO securities are prepayment rates, probability of default, loss severity rate, reinvestment price on underlying collateral and the discount rate. Significant increases (decreases) in the default or discount rates in isolation would result in a significantly lower (higher) fair value measurement, whereas significant increases (decreases) in the recovery rate, prepayment rate or reinvestment price in isolation would result in a significantly higher (lower) fair value measurement.  Generally, a change in the assumption used for the probability of default is accompanied by a directionally similar change in the assumption used for the discount rate and a directionally opposite change in the assumption used for prepayment rates, recovery rates and reinvestment prices on underlying collateral.
	Investment in real estate. The Company received an offer for the sale of one of its assets included in Investments in Real Estate. The offer was below the book value of the asset and, accordingly, the Company recorded an impairment charge during fiscal 2012 (Level 2). The property was subsequently sold in November 2012.
	Investment in real estate- office building. The Company's investment in an office building, located in Philadelphia, Pennsylvania was determined to be impaired during fiscal 2012. The Company determined the fair value of the building using an estimated loan to value based on stabilized projected cash flows (Level 3).
	Investment in CVC Credit Partners. The Company utilized a third-party valuation firm to value its investment in CVC Credit Partners and the Apidos preferred stock. The joint venture investment was valued at $28.6 million based on the weighted average of several calculations, including implied transaction, dividend discount, discounted cash flow, and guideline public company models. These valuation models required assumptions and estimates of many critical factors, including revenue and market growth, operating cash flows, market multiples, and discount rates, which took into consideration the current economic environment and credit market conditions (Level 3).
	Investment in Apidos-CVC preferred stock and contractual commitment. The Company's investment in the Apidos-CVC preferred stock, valued at $6.8 million, as well as the corresponding contractual commitment valued at $589,000, were both based on the present value of the underlying discounted projected cash flows of the legacy Apidos incentive management fees (Level 3).
	Investment in LEAF. The Company's investment in LEAF, also based on a third-party valuation, was valued at $1.7 million. The valuation utilized several approaches, including discounted expected cash flows, market approach and comparable sales transactions to estimate the fair value of the Company's investment in LEAF as a result of the November 2011 LEAF Transaction. These approaches required assumptions and estimates of many critical factors, including revenue and market growth, operating cash flows, market multiples, and discount rates, which were based on the current economic environment and credit market conditions (Level 3).
	The following items are included in the Company's fair value disclosures at September 30, 2011. Due to the LEAF transaction, they are no longer included in the consolidated financial statements at September 30, 2012:
	Retained interest − commercial finance. During fiscal 2010, the Company sold leases and loans to third-parties in which portions of the proceeds were retained by the purchasers. The purchasers had the right to return leases and loans that default within periods ranging from approximately six to forty-eight months after the date of sale and to deduct the applicable percentage from the retained proceeds. The Company determined the fair value of these retained interests by calculating the present value of future expected cash flows using key assumptions for credit losses and discount rates based on historical experience and repayment terms (Level 3).
	Interest rate swaps. These instruments were valued by a third-party pricing agent using an income approach and utilizing models that used as their primary basis readily observable market parameters. This valuation process considered factors including interest rate yield curves, time value, credit factors and volatility factors. Although the Company determined that the majority of the inputs used to value its derivatives fell within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with these derivatives utilized Level 3 inputs, such as estimates of credit spreads to evaluate the likelihood of default by itself and its counterparties. However, the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of these derivative positions and determined that the credit valuation adjustments were not significant to the overall valuation of these derivatives. As a result, the Company determined that these derivative valuations in their entirety were classified in Level 2 of the fair value hierarchy.
	Guggenheim - secured revolving facility. The proceeds from this loan were allocated to the revolving facility and the warrants issued to the lender based on their relative fair values, as determined by an independent third-party appraiser. The appraiser determined the fair value of the debt based primarily on the interest rates of similarly rated notes with similar terms. The appraiser assessed the fair value of the equity of LEAF in making its determination of the fair value of the warrants (Level 3).
	Impaired loans and leases - commercial finance. Leases and loans were considered impaired when they are 90 or more days past due and were placed on non-accrual status. The Company recorded an allowance for the impaired loans and leases based upon historical experience (Level 3).
	As of September 30, 2012, the fair values of the Company’s assets recorded at fair value on a recurring basis were as follows (in thousands):
		Level 1			Level 2			Level 3		Total
	Asset:
	Investment securities	$	195		$	—		$	6,835	$	7,030
	As of September 30, 2011, the fair values of the Company’s assets recorded at fair value on a recurring basis were as follows (in thousands):
		Level 1			Level 2			Level 3		Total
	Assets:
	Investment securities	$	376		$	—		$	2,356	$	2,732
	Retained financial interest – commercial finance	—			—			22		22
	Total	$	376		$	—		$	2,378	$	2,754
	Liability:
	Interest rate swap	$	—		$	404		$	—	$	404
	The following table presents additional information about assets which were measured at fair value on a recurring basis for which the Company has utilized Level 3 inputs to determine fair value during fiscal 2012 (in thousands):
		Investment Securities			Retained Financial Interest
	Balance, beginning of year	$	2,356		$	22
	Purchases	7,570			—
	Income accreted	823			—
	Payments and distributions received	(2,827		)	—
	Sales	(2,999		)	—
	Impairment recognized in earnings	(74		)	—
	Gains on sales of trading securities	909			—
	Unrealized holding gain on trading securities	1,108			—
	Deconsolidation of LEAF	—			(22		)
	Change in unrealized losses – included in accumulated other comprehensive loss	(31		)	—
	Balance, end of year	$	6,835		$	—
	The following table presents additional information about assets which were measured at fair value on a recurring basis for which the Company has utilized Level 3 inputs to determine fair value during fiscal 2011 (in thousands):
		Investment Securities			Retained Financial Interest
	Balance, beginning of year	$	6,223		$	273
	Purchases, sales, issuances and settlements, net	(2,946		)	—
	Loss on sale of investment securities, net	(1,470		)	—
	Income accreted	948			—
	Payment and distributions received	(861		)	(251		)
	Change in unrealized losses – included in accumulated other comprehensive loss	462			—
	Balance, end of year	$	2,356		$	22
	The following table presents the Company's quantitative inputs and assumptions used in determining the fair value of items categorized in Level 3 (in thousands, except percentages):
		Fair Value at			Valuation Technique		Unobservable Inputs	Assumptions
		30-Sep-12						(weighted average)
	CLO securities	$	3,771		Discounted cash flow		Constant default rate	2%
							Loss severity rate	30%
						Constant prepayment rate	25%
						Reinvestment price on collateral	99%
						Discount rate	20%
Investment securities - trading securities. Since the Company uses third party dealer marks to estimate the fair value of its nonmarketable trading securities owned, the valuation techniques and significant unobservable inputs used in recurring Level 3 fair value measurements of assets as of September 30, 2012 have not been provided.
The Company recognized the following changes in carrying value of the assets and liabilities measured at fair value on a non-recurring basis, as follows (in thousands):
	Level 1			Level 2			Level 3		Total
Fiscal Year Ended September 30, 2012:
Assets:
Receivables from managed entities – commercial finance and real estate	$	—		$	—		$	16,752	$	16,752
Investment in real estate	—			727			—		727
Investment in real estate - office building	—			—			906		906
Investment in CVC Credit Partners	—			—			28,600		28,600
Investment in Apidos-CVC preferred equity	—			—			6,792		6,792
Investment in LEAF	—			—			1,749		1,749
Total	$	—		$	727		$	54,799	$	55,526
Liability:
Apidos contractual commitment	$	—		$	—		$	589	$	589
Fiscal Year Ended September 30, 2011:
Assets:
Investments in commercial finance – impaired loans and leases	$	—		$	—		$	310	$	310
Receivables from managed entities	—			—			18,941		18,941
Total	$	—		$	—		$	19,251	$	19,251
Liability:
Guggenheim - secured revolving credit facility	$	—		$	—		$	49,266	$	49,266
The fair value of financial instruments required to be disclosed at fair value, excluding instruments valued on a recurring basis, is as follows (in thousands):
	September 30, 2012						September 30, 2011
	Carrying Amount			Estimated Fair Value			Carrying Amount		Estimated Fair Value
Assets:
Receivables from managed entities	$	34,418		$	34,418		$	52,117	$	36,526
Investments in commercial finance – loans held for investment	—			—			19,640		19,550
	$	34,418		$	34,418		$	71,757	$	56,076
Borrowings:
Real estate debt	$	10,531		$	11,554		$	10,700	$	10,700
Senior Notes	10,000			11,364			16,263		17,438
Corporate secured credit facilities and note	—			—			8,743		8,743
Other debt	812			812			2,102		1,204
Commercial finance debt	—			—			176,246		176,246
	$	21,343		$	23,730		$	214,054	$	214,331
For cash, receivables and payables, the carrying amounts approximate fair value because of the short-term maturity of these instruments.
The estimated fair value of the receivables from managed entities includes the discounted net projected cash flows available to repay the Company on amounts due from its four commercial finance investment entities.
The carrying value of the Company's corporate secured revolving credit facilities and term note approximates their fair values because of their variable interest rates. The Company estimated the fair value of the real estate debt using current interest rates for similar loans. The Company estimated the fair value of the Senior Notes by applying the percentage appreciation in a high-yield fund with approximately similar quality and risk attributed to the Senior Notes. The carrying value of the Company's other debt was estimated using current interest for similar loans at September 30, 2012 and 2011. The carrying value of the Company's commercial finance debt approximated its fair value due to its recent issuance at September 30, 2011 and was deconsolidated during the Company's first quarter ended December 31, 2011 (all fair values are Level 3).

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Sep. 30, 2012
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	COMMITMENTS AND CONTINGENCIES
	Leases. The Company leases office space and equipment under leases with varying expiration dates through 2020.  Rental expense, net of subleases, was $1.7 million, $2.6 million and $3.2 million for fiscal 2012, 2011 and 2010, respectively.  The Company’s office space leases in New York and in Philadelphia contain extension clauses.  The Company has the ability to extend the New York lease for an additional five-year term, and one of the Philadelphia leases provides one option to extend for an additional five-year term.  In addition, one of the Philadelphia office leases allows the Company to terminate the lease early with a termination payment to the landlord in January 2020. At September 30, 2012, future minimum rental commitments (net of subleases) under operating and capital leases over the next five fiscal years ending September 30, and thereafter were as follows (in thousands):
		Operating		Capital		Total
	2013	$	1,802	$	250	$	2,052
	2014	2,000		91		2,091
	2015	2,043		—		2,043
	2016	2,064		—		2,064
	2017	1,994		—		1,994
	Thereafter	7,537		—		7,537
		$	17,440	$	341	$	17,781
	LEAF lease valuation commitment. In accordance with the November 2011 LEAF Transaction, the Company and RSO have undertaken a contingent obligation with respect to the value of the equity on the balance sheet of LRF3. To the extent that the value of the equity on the balance sheet of LRF3 is less than $18.7 million (the value of the equity of LRF3 on the date it was contributed by RSO to LEAF), as of the final testing date within 90 days after December 31, 2013, the Company and RSO have agreed to be jointly and severally obligated to contribute cash to LEAF to the extent of any shortfall. The LRF3 equity as of September 30, 2012 was in excess of this commitment and, therefore, no liability was required.
	Limited loan guarantee. The Company and two of its commercial finance investment partnerships, Lease Equity Appreciation Fund I, L.P. (“LEAF I”) and Lease Equity Appreciation Fund II, L.P. (“LEAF II”), have provided a limited guarantee to a lender to the LEAF partnerships in exchange for a waiver of any existing defaulted loan covenants and certain future financial covenants. The loans mature at the earlier of (a) the maturity date (March 20, 2014 for LEAF I and December 21, 2013 for LEAF II), or (b) the date on which an event of default under the loan agreement occurs. The maximum guarantee provided by the Company is up to $7.3 million ($2.3 million for LEAF I and $5.0 million for LEAF II). If the Company were required to make any such payments under the guarantee in the future, it would have the option to either step in as the lender or otherwise make a capital contribution to the LEAF partnerships for the amount of the required guarantee payment. Under certain circumstances, the lender will also discount their loans by approximately $250,000 for LEAF I and $347,500 for LEAF II. Management has determined that, based on projected cash flows from the underlying lease and loan portfolios collateralizing the loans, there should be sufficient funds to repay the LEAF partnerships' outstanding loan balances and, accordingly, the Company has no recorded liability under the guarantee.
	Broker-Dealer Capital Requirement.  Resource Securities serves as a dealer-manager for the sale of securities of direct participation investment programs, both public and private, sponsored by subsidiaries of the Company who also serve as general partners and/or managers of these programs.  Additionally, Resource Securities serves as an introducing agent for transactions involving sales of securities of financial services companies, REITs and insurance companies for the Company and for RSO.  As a broker-dealer, Resource Securities is required to maintain minimum net capital, as defined in regulations under the Securities Exchange Act of 1934, as amended, which was $100,000 as of September 30, 2012 and 2011.  As of September 30, 2012 and 2011, Resource Securities net capital was $447,000 and $254,000, respectively, which exceeded the minimum requirements by $347,000 and $154,000, respectively.
	Clawback liability.  On November 1, 2009 and January 28, 2010, the general partners of two of the Trapeza entities, which are owned equally by the Company and its co-managing partner, repurchased substantially all of the remaining limited partnership interests in the two Trapeza entities with potential clawback liabilities for $4.4 million.  The Company contributed $2.2 million (its 50% share).  The clawback liability was $1.2 million at September 30, 2012 and 2011.
	Legal proceedings. In September 2011, First Community Bank, (“First Community”) filed a complaint against First Tennessee Bank and approximately thirty other defendants consisting of investment banks, rating agencies, collateral managers, including Trapeza Capital Management, LLC (“TCM”), and issuers of CDOs, including Trapeza CDO XIII, Ltd. and Trapeza CDO XIII, Inc. TCM and the Trapeza CDO issuers are collectively referred to as Trapeza. The complaint includes causes of action against TCM for fraud, negligent misrepresentation, violation of the Tennessee Securities Act of 1980 and unjust enrichment. First Community alleges, among other things, that it invested in certain CDOs, that the defendant rating agencies assigned inflated investment grade ratings to the CDOs, and that the defendant investment banks, collateral managers and issuers (including Trapeza) fraudulently and/or negligently made “materially false and misleading representations and omissions” that First Community relied on in investing in the CDOs, including both written representations in offering materials and unspecified oral representations. Specifically, with respect to Trapeza, First Community alleges that it purchased $20 million of notes in the D tranche of the Trapeza CDO XIII transaction from J.P. Morgan. The Court dismissed this matter in June 2012. First Community filed a Notice of Appeal in July 2012.
	The Company is also a party to various routine legal proceedings arising out of the ordinary course of business. Management believes that none of these actions, individually or, in the aggregate, will have a material adverse effect on the Company's consolidated financial condition or operations.
	Real estate commitments.  As a specialized asset manager, the Company sponsors and manages investment funds in which it may make an equity investment along with outside investors.  This equity investment is generally based on a percentage of funds raised and varies among investment programs.  With respect to RRE Opportunity REIT, the Company is committed to invest 1% of the equity raised to a maximum amount of $2.5 million. This commitment has been reduced to $1.1 million as of September 30, 2012 for funds already invested to date.
	In July 2011, the Company entered into an agreement with one of the TIC programs it sponsored and manages.  This agreement requires the Company to fund up to $1.9 million for capital improvements for the TIC property over the next two years.  The Company advanced funds totaling $1.7 million as of September 30, 2012 which is included in Investments in real estate on the Consolidated Balance Sheets.
	The liabilities for the real estate commitments will be recorded in the future as amounts become due and payable.
	General corporate commitments. The Company is also party to employment agreements with certain executives that provide for compensation and other benefits, including severance payments under specified circumstances.
	As of September 30, 2012, except for the clawback liability recorded for the two Trapeza entities and executive compensation, the Company did not believe it was probable that any payments would be required under any of its commitments and contingencies and, accordingly, no liabilities for these obligations were recorded in the consolidated financial statements.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Sep. 30, 2012
Discontinued Operations and Disposal Groups [Abstract]	'
DISCONTINUED OPERATIONS	'
	DISCONTINUED OPERATIONS
	In connection with the sale of a real estate loan in March 2006, the Company agreed that in exchange for the property owner relinquishing certain control rights, the Company would make payments to the owner under stipulated circumstances.  On April 7, 2011, the Company was formally notified that a trigger event had occurred on March 17, 2011 and, accordingly, it accrued the present value of $3.4 million for the payout due to the owner under the agreement, which was reflected as a $2.2 million loss, net of tax, from discontinued operations in the consolidated statements of operations. Discontinued operations in fiscal 2012 represent the continuing accretion of that liability. The remaining liability of $862,000 is included in Accrued expenses and other liabilities on the consolidated balance sheets at September 30, 2012 and will be repaid in monthly installments until April 2013.
	The discontinued operations for fiscal 2010 primarily reflects the reversal of previously recorded interest and penalty assessments related to IRS tax examinations for fiscal 2004 and 2005, which were settled in fiscal 2010.
	The summarized operating results of discontinued operations are as follows (in thousands):
		Fiscal Years Ended September 30,
		2012			2011			2010
	(Loss) income from discontinued operations	$	(90	)	$	(3,387	)	$	622
	Benefit for income taxes	32			1,185			—
	(Loss) income from discontinued operations, net of tax	$	(58	)	$	(2,202	)	$	622

OPERATING_SEGMENTS

OPERATING SEGMENTS	12 Months Ended
	Sep. 30, 2012
Segment Reporting [Abstract]	'
OPERATING SEGMENTS	'
	OPERATING SEGMENTS
	The Company manages its operations and makes business decisions based on three reportable operating segments, Real Estate, Financial Fund Management and Commercial Finance, and one segment, RSO, which is a consolidated VIE.  Certain other activities are reported in the “All Other” category and Eliminations in the tables in order for the information presented about the Company's operating segments to agree to the consolidated balance sheets and statements of operations. Summarized operating segment data are as follows (in thousands):
		Real				Financial				Commercial				All Other (1)				Total				RSO			Eliminations				Total
		Estate				Fund				Finance								RAI											Consolidation
						Management
	Fiscal Year Ended September 30, 2012:
	Revenues from external customers	$	38,162			$	18,700			$	4,135			$	—			$	60,997			$	123,698		$	(17,234	)		$	167,461
	Equity in earnings (losses) of unconsolidated entities	2,433				3,257				(2,251		)		—				3,439				—			—				3,439
	Total revenues	40,595				21,957				1,884				—				64,436				123,698			(17,234		)		170,900
	Segment operating expenses	(29,669		)		(17,086		)		(2,414		)		—				(49,169		)		(63,850		)	16,360				(96,659		)
	Restructuring expenses	—				—				—				(365		)		(365		)		—			—				(365		)
	General and administrative expenses	(356		)		(2,683		)		—				(7,421		)		(10,460		)		—			—				(10,460		)
	Gain on sale of leases and loans	—				—				37				—				37				—			—				37
	Impairment charges	(2,280		)		—				—				—				(2,280		)		—			—				(2,280		)
	Provision for credit losses	(342		)		—				(16,904		)		—				(17,246		)		—			—				(17,246		)
	Depreciation and amortization	(1,303		)		(126		)		(1,556		)		(668		)		(3,653		)		—			—				(3,653		)
	Gain on sale and deconsolidation of subsidiaries	—				54,542				8,749				—				63,291				—			—				63,291
	Loss on extinguishment of debt	—				—				—				(2,190		)		(2,190		)		—			—				(2,190		)
	(Loss) gain on sale of investment securities, net	—				41				—				22				63				—			—				63
	Impairment loss recognized in earnings	—				(74		)		—				—				(74		)		—			—				(74		)
	Interest expense	(856		)		—				(1,749		)		(2,136		)		(4,741		)		—			—				(4,741		)
	Other income (expense), net	522				2,104				—				(523		)		2,103				19,197			(1,947		)		19,353
	Pretax loss (income) attributable to noncontrolling interests (2)	5				—				(224		)		—				(219		)		(1,244		)	(60,705		)		(62,168		)
	Income (loss) including noncontrolling interest before intercompany interest expense and taxes	6,316				58,675				(12,177		)		(13,281		)		39,533				77,801			(63,526		)		53,808
	Intercompany interest (expense) income	—				—				(29		)		29				—				—			—				—
	Income (loss) from continuing operations including noncontrolling interests before taxes	$	6,316			$	58,675			$	(12,206	)		$	(13,252	)		$	39,533			$	77,801		$	(63,526	)		$	53,808
		Real				Financial				Commercial				All				Total				RSO			Eliminations				Total
		Estate				Fund				Finance				Other (1)				RAI											Consolidation
						Management
	Fiscal Year Ended September 30, 2011:
	Revenues from external customers	$	30,275			$	22,904			$	22,460			$	—			$	75,639			$	95,986		$	(15,070	)		$	156,555
	Equity in earnings (losses) of unconsolidated entities	8,105				2,937				(665		)		—				10,377				—			—				10,377
	Total revenues	38,380				25,841				21,795				—				86,016				95,986			(15,070		)		166,932
	Segment operating expenses	(24,465		)		(20,562		)		(15,207		)		—				(60,234		)		(50,103		)	11,061				(99,276		)
	General and administrative expenses	(327		)		(3,176		)		—				(8,019		)		(11,522		)		—			—				(11,522		)
	Gain on sale of leases and loans	—				—				659				—				659				—			—				659
	Provision for credit losses	(2,193		)		—				(8,468		)		—				(10,661		)		—			—				(10,661		)
	Depreciation and amortization	(1,279		)		(164		)		(8,766		)		(530		)		(10,739		)		—			—				(10,739		)
	Gain on sale of management contract	—				6,520				—				—				6,520				—			—				6,520
	(Loss) gain on sale of investment securities, net	—				(1,384		)		—				186				(1,198		)		—			—				(1,198		)
	Interest expense	(1,109		)		—				(8,563		)		(5,671		)		(15,343		)		—			—				(15,343		)
	Other income (expense), net	544				2,590				13				(905		)		2,242				3,869			(2,243		)		3,868
	Pretax loss attributable to noncontrolling interests (2)	52				—				99				—				151				—			(33,373		)		(33,222		)
	Income (loss) including noncontrolling interest before intercompany interest expense and taxes	9,603				9,665				(18,438		)		(14,939		)		(14,109		)		49,752			(39,625		)		(3,982		)
	Intercompany interest (expense) income	—				—				(1,678		)		1,678				—				—			—				—
	Income (loss) from continuing operations including noncontrolling interests before taxes	$	9,603			$	9,665			$	(20,116	)		$	(13,261	)		$	(14,109	)		$	49,752		$	(39,625	)		$	(3,982	)
			Real				Financial				Commercial				All				Total
			Estate				Fund				Finance				Other (1)
							Management
	Fiscal Year Ended September 30, 2010:
	Revenues from external customers		$	31,042			$	27,243			$	25,573			$	—			$	83,858
	Equity in earnings (losses) of unconsolidated entities		869				5,897				(1,896		)		—				4,870
	Total revenues		31,911				33,140				23,677				—				88,728
	Segment operating expenses		(20,780		)		(21,028		)		(18,164		)		—				(59,972		)
	General and administrative expenses		(316		)		(3,668		)		(428		)		(8,560		)		(12,972		)
	Loss on sale of leases and loans		—				—				(8,097		)		—				(8,097		)
	Impairment of intangible assets		—				—				(2,828		)		—				(2,828		)
	Provision for credit losses		(49		)		(1		)		(5,159		)		—				(5,209		)
	Depreciation and amortization		(1,304		)		(196		)		(5,693		)		(649		)		(7,842		)
	Other-than-temporary impairment losses recognized in earnings		—				(480		)		—				(329		)		(809		)
	Interest expense		(1,074		)		(3		)		(6,271		)		(5,738		)		(13,086		)
	Loss on sale of loans and investment securities, net		—				(451		)		—				—				(451		)
	Other income (expense), net		387				2,429				1				(226		)		2,591
Pretax loss attributable to noncontrolling interests (2)		61				8				4,854				—				4,923
Income (loss) including noncontrolling interest before intercompany interest expense and taxes		8,836				9,750				(18,108		)		(15,502		)		(15,024		)
Intercompany interest (expense) income		—				—				(6,115		)		6,115				—
Income (loss) from continuing operations including noncontrolling interests before taxes		$	8,836			$	9,750			$	(24,223	)		$	(9,387	)		$	(15,024	)
Segment assets		Real				Financial				Commercial				All				Total				RSO			Eliminations				Total
		Estate				Fund				Finance				Other (1)				RAI											Consolidation
						Management
2012		$	169,727			$	82,862			$	15,497			$	(71,343	)		$	196,743			$	2,478,251		$	(30,731	)		$	2,644,263
2011		$	162,950			$	39,246			$	260,808			$	(40,498	)		$	422,506			$	2,284,724		$	(70,245	)		$	2,636,985
2010		$	155,434			$	36,647			$	81,053			$	(38,881	)		$	234,253			$	—		$	—			$	234,253
-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 from (loss) income from operations as computed in accordance with U.S. GAAP and should be deducted to compute (loss) income from operations as reflected in the Company’s consolidated statements of operations.
Geographic information.  There were no revenues generated from the Company's European operations during fiscal 2012. During fiscal 2011, the Company recognized a $5.1 million net gain on the sale of its management contract with, and equity investment in, REMI I.  Revenues generated from the Company’s European operations totaled $2.3 million for fiscal 2010.  Included in segment assets as of September 30, 2012, 2011 and 2010 were $726,000, $5.4 million and $7.1 million, respectively, of European assets.

UNAUDITED_QUARTERLY_FINANCIAL_

UNAUDITED QUARTERLY FINANCIAL DATA	12 Months Ended
	Sep. 30, 2012
Quarterly Financial Information Disclosure [Abstract]	'
UNAUDITED QUARTERLY FINANCIAL DATA	'
UNAUDITED QUARTERLY FINANCIAL DATA AND RESTATEMENT OF INTERIM FINANCIAL STATEMENTS
The Company is restating the previously issued financial statements covering the three months ended on December 31, 2010, March 31, 2011, June 30, 2011 and September 30, 2011 respectively, to reflect the consolidation of RSO in the tables presented below:
Quarterly Results for Fiscal 2011 (1)	31-Dec			31-Mar			30-Jun			30-Sep
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Revenues	$	16,680		$	20,347		$	27,589		$	21,400
Revenues from consolidated VIE- RSO	22,638			26,150			21,987			25,211
Elimination of consolidated VIE revenues attributed to operating segments	(4,036		)	(3,221		)	(3,632		)	(4,181		)
Total revenues	35,282			43,276			45,944			42,430
Operating income	8,404			5,896			15,070			6,023
Income (loss) from continuing operations	10,452			1,555			13,429			(3,625		)
Loss from discontinued operations	—			(2,153		)	(23		)	(26		)
Net income (loss)	10,452			(598		)	13,406			(3,651		)
Net loss attributable to noncontrolling interests	625			513			513			460
Net income attributable to noncontrolling interests - RSO	(12,579		)	(8,868		)	(14,436		)	(400		)
Net loss attributable to common shareholders	(1,502		)	(8,953		)	(517		)	(3,591		)
Basic and Diluted loss per common share:
Continuing operations	$	(0.08	)	$	(0.35	)	$	(0.03	)	$	(0.18	)
Discontinued operations	—			(0.11		)	—			—
Net loss	$	(0.08	)	$	(0.46	)	$	(0.03	)	$	(0.18	)
-1	Fiscal 2011 – significant events by quarter:
•	December 31 – included a net gain of $5.1 million ($3.2 million net of tax, or $0.17 per share-diluted) on the sale of the Company’s management contract and equity investment in REM I.
•	March 31 – included a $3.4 million ($2.2 million net of tax, or $0.11 per share-diluted) loss from discontinued operations in connection with the March 2006 sale of a real estate loan in which the Company agreed to make payments under certain circumstances to the owner.  In March 2011, a triggering event occurred.
•	June 30 – included a $7.6 million ($3.3 million net of tax, or $0.17 per share-diluted) equity gain based on the Company’s interest in an office building that was sold in Washington, DC.
•	September 30 – the gain related to the third quarter sale of the Washington, DC building increased by $800,000 ($361,000 net of tax, or $0.02 per share-diluted) based on the release of funds from escrow.
Consolidated Balance Sheets
(in thousands, except per share data)
(unaudited)
	December 31,			September 30,
	2010			2010
	(Restated)
ASSETS
Cash	$	14,530		$	11,243
Restricted cash	5,401			12,018
Receivables	622			1,671
Receivables from managed entities and related parties, net	60,401			66,416
Investments in commercial finance, net	22,286			12,176
Investments in real estate, net	28,502			27,114
Investment securities, at fair value	3,678			22,358
Investments in unconsolidated entities	14,387			13,825
Asset of consolidated variable interest entity ("VIE") - RSO
Cash and cash equivalents (including restricted cash)	221,138			—
Investments, at fair value	182,778			—
Loans	1,486,549			—
Investment in real estate and unconsolidated entities	11,233			—
Other assets	33,230			—
Total assets of consolidated VIE - RSO	1,934,928			—
Property and equipment, net	8,324			9,984
Deferred tax assets	36,625			43,703
Goodwill	7,969			7,969
Other assets	5,411			5,776
Total assets	$	2,143,064		$	234,253
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	30,348		$	38,492
Payables to managed entities and related parties	184			156
Borrowings	63,701			66,110
Deferred tax liabilities	411			411
Liabilities of consolidated VIE -- RSO
Borrowings	1,463,701			—
Other liabilities	45,116			—
Total liabilities of consolidated VIE - RSO	1,508,817			—
Total liabilities	1,603,461			105,169
Commitments and contingencies
Equity:
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	—			—
Common stock, $.01 par value, 49,000,000 shares authorized; 28,171,720 and 28,167,909 shares issued, respectively (including nonvested restricted stock of 732,308 and 741,086, respectively)	274			274
Additional paid-in capital	282,062			281,378
Accumulated deficit	(34,298		)	(37,558		)
Treasury stock, at cost; 9,118,549 and 9,125,253 shares, respectively	(99,245		)	(99,330		)
Accumulated other comprehensive loss	(1,773		)	(12,807		)
Total stockholders’ equity	147,020			131,957
Noncontrolling interests	(3,474		)	(2,873		)
Noncontrolling interest of consolidated VIE - RSO	396,057			—
Total equity	539,603			129,084
	$	2,143,064		$	234,253
Consolidating Balance Sheet
(in thousands, except per share data)
(unaudited)
	December 31, 2010
				Restatement Adjustments
				RSO at
	As Reported			31-Mar-11			Eliminations			As Restated
ASSETS
Cash	$	14,530		$	—		$	—		$	14,530
Restricted cash	5,401			—			—			5,401
Receivables	622			—			—			622
Receivables from managed entities and related parties, net	62,016			—			(1,615		)	60,401
Investments in commercial finance, net	22,286			—			—			22,286
Investments in real estate, net	27,462			—			1,040			28,502
Investment securities, at fair value	21,716			—			(18,038		)	3,678
Investments in unconsolidated entities	14,387			—			—			14,387
Assets of consolidated VIE - RSO:
Cash and cash equivalents (including restricted cash)	—			221,138			—			221,138
Investments, at fair value	—			182,778			—			182,778
Loans	—			1,488,488			(1,939		)	1,486,549
Investments in real estate and consolidated entities	—			11,233			—			11,233
Other assets - RSO	—			33,998			(768		)	33,230
Total assets of consolidated VIE - RSO	—			1,937,635			(2,707		)	1,934,928
Property and equipment, net	9,364			—			(1,040		)	8,324
Goodwill	7,969			—			—			7,969
Deferred tax assets, net	42,010			—			(5,385		)	36,625
Other assets	5,411			—			—			5,411
Total assets	$	233,174		$	1,937,635		$	(27,745	)	$	2,143,064
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	35,661		$	—		$	(5,313	)	$	30,348
Payables to managed entities and related parties	952			—			(768		)	184
Borrowings	65,640			—			(1,939		)	63,701
Deferred tax liabilities	411			—			—			411
Liabilities of consolidated VIE - RSO:
Borrowings	—			1,463,701			—			1,463,701
Other liabilities	—			46,731			(1,615		)	45,116
Total liabilities of consolidated VIE - RSO	—			1,510,432			(1,615		)	1,508,817
Total liabilities	102,664			1,510,432			(9,635		)	1,603,461
Commitments and contingencies
Equity:
Preferred stock	—			—			—			—
Common stock	274			—			—			274
Additional paid-in capital	282,062			—			—			282,062
Accumulated deficit	(38,676		)	—			4,378			(34,298		)
Treasury stock, at cost	(99,245		)	—			—			(99,245		)
Accumulated other comprehensive loss	(10,431		)	—			8,658			(1,773		)
Total stockholders’ equity	133,984			—			13,036			147,020
Noncontrolling interests	(3,474		)	—			—			(3,474		)
Noncontrolling interest attributable to RSO	—			427,203			(31,146		)	396,057
Total equity	130,510			427,203			(18,110		)	539,603
	$	233,174		$	1,937,635		$	(27,745	)	$	2,143,064
Consolidated Statements of Operations
(in thousands, except per share data)
(unaudited)
	December 31,
	2010			2009
	(Restated)
REVENUES:
Real estate (includes revenues of $1,363 and $1,793 related to RSO)	$	6,874		$	6,947
Commercial finance (includes $144 and $24 related to RSO)	1,476			8,823
Financial fund management (includes revenues of $2,402 and $672 related to RSO)	8,330			9,652
	16,680			25,422
Revenues from consolidated VIE - RSO	22,638			—
Elimination of consolidated revenues attributed to operating segments	(4,036		)	—
Total revenues	35,282			25,422
COSTS AND EXPENSES:
Real estate	5,461			4,727
Financial fund management	6,720			4,704
Commercial finance	4,273			4,575
General and administrative	3,116			3,432
(Gain) loss on sale of leases and loans	(11		)	582
Provision for credit losses	1,606			776
Depreciation and amortization	1,125			2,206
	22,290			21,002
Expenses from consolidated VIE - RSO	7,698			—
Elimination of consolidated expenses attributed to operating segments	(3,110		)	—
Total expenses	26,878			21,002
OPERATING INCOME	8,404			4,420
OTHER INCOME (EXPENSE):
Gain on sale of management contract	6,520			—
Loss on sale of investment securities, net	(1,461		)	—
Interest expense	(2,369		)	(3,817		)
Other income, net	475			570
	3,165			(3,247		)
Other income from consolidated VIE - RSO	11			—
Elimination of consolidated VIE - RSO other income attributable to operating segments	39			—
	3,215			(3,247		)
Income from continuing operations before taxes	11,619			1,173
Income tax provision of consolidated VIE - RSO	1,809			—
Income tax (benefit) provision	(642		)	585
Net income	10,452			588
Net losses attributable to noncontrolling interests - RAI	625			383
Net income attributable to noncontrolling interests of consolidated VIE - RAO	(12,579		)	—
Net (loss) income attributable to common shareholders	$	(1,502	)	$	971
Basic (loss) income per share attributable to common shareholders:
Net (loss) income	$	(0.08	)	$	0.05
Weighted average shares outstanding	19,076			18,689
Diluted (loss) income per share attributable to common shareholders:
Net (loss) income	$	(0.08	)	$	0.05
Weighted average shares outstanding	19,076			18,962
Consolidating Statement of Operations
(in thousands, except per share data)
(unaudited)
	For the Three Months Ended December 31, 2010
				Restatement Adjustments
	As Reported			RSO (1)			Eliminations			As Restated
REVENUES:
Real estate	$	6,874		$	—		$	—		$	6,874
Financial fund management	8,330			—			—			8,330
Commercial finance	1,476			—			—			1,476
	16,680			—			—			16,680
Revenues from consolidated VIE - RSO	—			22,638			—			22,638
Elimination of consolidated VIE revenues attributed to operating segments	—			—			(4,036		)	(4,036		)
Total Revenues	16,680			22,638			(4,036		)	35,282
COSTS AND EXPENSES:
Real estate	5,461			—			—			5,461
Financial fund management	6,720			—			—			6,720
Commercial finance	4,273			—			—			4,273
General and administrative	3,116			—			—			3,116
(Gain) loss on sale of leases and loans	(11		)	—			—			(11		)
Provision for credit losses	1,606			—			—			1,606
Depreciation and amortization	1,125			—			—			1,125
	22,290			—			—			22,290
Expenses from consolidated VIE - RSO	—			9,507			(1,809		)	7,698
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(3,110		)	(3,110		)
Total expenses	22,290			9,507			(4,919		)	26,878
OPERATING (LOSS) INCOME	(5,610		)	13,131			883			8,404
OTHER INCOME (EXPENSE):
Gain on sale of management contract	6,520			—			—			6,520
Loss on sale of investment securities, net	(1,461		)	—			—			(1,461		)
Interest expense	(2,369		)	—			—			(2,369		)
Other income, net	1,086			—			(611		)	475
Other income from consolidated VIE - RSO	—			11			—			11
Elimination of consolidated VIE expenses attributed to operating segments	—			—			39			39
	3,776			11			(572		)	3,215
(Loss) income from continuing operations before taxes	(1,834		)	13,142			311			11,619
Income tax (benefit) provision	(642		)	—			1,809			1,167
Net (loss) income	(1,192		)	13,142			(1,498		)	10,452
Net loss attributable to noncontrolling interests	625			—			—			625
Net income attributable to noncontrolling interests - RSO	—			—			(12,579		)	(12,579		)
Net (loss) income attributable to common shareholders	$	(567	)	$	13,142		$	(14,077	)	$	(1,502	)
Consolidating Statement of Operations - (Continued)
(in thousands, except per share data)
(unaudited)
	For the Three Months Ended December 31, 2010
				Restatement Adjustments
	As Reported			RSO (1)			Eliminations			As Restated
Amounts attributable to common shareholders:
Income (loss) from continuing operations	$	(567	)	$	13,142		$	(14,077	)	$	(1,502	)
Discontinued operations	—			—			—			—
Net income (loss)	$	(567	)	$	13,142		$	(14,077	)	$	(1,502	)
	As Reported									As Restated
Basic and diluted loss per share:
Continuing operations	$	(0.03	)							$	(0.08	)
Discontinued operations	—									—
Net loss	$	(0.03	)							$	(0.08	)
Weighted average shares outstanding	19,076									19,076
(1)    Includes RSO for the three months ended March 31, 2011.
Consolidated Statements of Cash Flows
(in thousands, except per share data)
(unaudited)
	Three Months Ended
	December 31,
	2010			2009
	(Restated)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	10,452		$	588
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	1,999			3,173
Provision for credit losses	2,405			776
Equity in earnings of unconsolidated entities	(1,427		)	(3,405		)
Distributions from unconsolidated entities	663			1,261
(Gain) loss on sale of leases and loans	(11		)	582
Loss on sale of investment securities, net	1,461			—
Gain on resolution of assets	—			(244		)
Gain on sale of management contract	(6,520		)	—
Deferred income tax benefit	422			34
Equity-based compensation issued	781			1,120
Equity-based compensation received	—			(375		)
Decrease in commercial finance investments	—			8,386
Changes in operating assets and liabilities	(611		)	(13,049		)
Changes in cash attributable to operations of consolidated VIE - RSO	(29,877		)	—
Net cash used in operating activities	(20,263		)	(1,153		)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(38		)	(118		)
Investments in unconsolidated real estate entities	(283		)	—
Purchase of commercial finance assets	(10,690		)	—
Purchase of loans and securities by consolidated VIE - RSO	(213,887		)	—
Principal payments and proceeds from sales received by consolidated VIE - RSO	145,670			—
Proceeds from sale of management contract	9,095			—
Purchase of loans and investments	—			(1,640		)
Proceeds from sale of loans and investment securities	2,946			2,274
Increase in restricted cash of consolidated VIE - RSO	(4,053		)	—
Other investing activity of consolidated VIE - RSO	12,437			—
Net cash provided by investing activities	(58,803		)	516
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	1,000			45,701
Principal payments on borrowings	(1,908		)	(62,326		)
Net borrowings (repayments) of consolidated VIE - RSO	15,109			—
Dividends paid	(551		)	(540		)
Dividends paid on common stock by consolidated VIE - RSO	(13,944		)	—
Net proceeds from issuance of common stock by consolidated VIE - RSO	76,619			—
Decrease (increase) in debt financing costs	73			(496		)
Decrease in restricted cash	6,617			510
Other financing activity of consolidated VIE - RSO	(662		)	—
Net cash provided by (used in) financing activities	82,353			(17,151		)
Increase (decrease) in cash	3,287			(17,788		)
Cash at beginning of year	11,243			26,197
Cash at end of period	$	14,530		$	8,409
Consolidating Statement of Cash Flows
(in thousands, except per share data)
(unaudited)
	For the Three Months Ended December 31, 2010
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$	(1,192	)	$	13,142		$	(1,498	)	$	10,452
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Depreciation and amortization	1,911			—			88			1,999
Provision for credit losses	1,606			—			799			2,405
Equity in earnings of unconsolidated entities	(1,427		)	—			—			(1,427		)
Distributions from unconsolidated entities	663			—			—			663
Gain on sale of leases and loans	(11		)	—			—			(11		)
Loss on sale of loans and investment securities, net	1,461			—			—			1,461
Gain on sale of management contract	(6,520		)	—			—			(6,520		)
Deferred income tax provision (benefit)	422			—			—			422
Equity-based compensation issued	781			—			—			781
Equity-based compensation received	(57		)	—			57			—
Changes in operating assets and liabilities	(611		)	—			—			(611		)
Changes in cash attributable to operations of consolidated VIE - RSO	—			(29,820		)	(57		)	(29,877		)
Net cash used in operating activities	(2,974		)	(16,678		)	(611		)	(20,263		)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(38		)	—			—			(38		)
Investments in unconsolidated real estate entities	(283		)	—			—			(283		)
Purchase of commercial finance assets	(10,690		)	—			—			(10,690		)
Purchase of loans and securities by consolidated VIE - RSO	—			(213,887		)	—			(213,887		)
Principal payments and proceeds from sales received by consolidated VIE - RSO	—			145,670			—			145,670
Proceeds from sale of management contract	9,095			—			—			9,095
Proceeds from sale of loans and investments	2,946			—			—			2,946
Increase in restricted cash of consolidated VIE - RSO	—			(4,053		)	—			(4,053		)
Other investing activity of consolidated VIE - RSO	—			12,437			—			12,437
Net cash provided by (used in) investing activities	1,030			(59,833		)	—			(58,803		)
Consolidated Statement of Cash Flows - (Continued)
(in thousands, except per share data)
(unaudited)
	For the Three Months Ended December 31, 2010
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	1,000			—			—			1,000
Principal payments on borrowings	(1,908		)	—			—			(1,908		)
Net borrowings (repayments) of debt by consolidated VIE - RSO	—			15,109			—			15,109
Dividends paid	(551		)	—			—			(551		)
Dividends paid on common stock by consolidated VIE - RSO	—			(14,555		)	611			(13,944		)
Net proceeds from issuance of common stock by consolidated VIE - RSO	—			76,619			—			76,619
Decrease in restricted cash	6,617			—			—			6,617
Other	73			—			—			73
Other financing activity of consolidated VIE - RSO	—			(662		)	—			(662		)
Net cash provided by financing activities	5,231			76,511			611			82,353
Increase in cash	3,287			—			—			3,287
Cash, beginning of year	11,243			—			—			11,243
Cash, end of period	$	14,530		$	—		$	—		$	14,530
(1)    Includes RSO cash flow for the three months ended March 31, 2011.
Consolidated Balance Sheets
(in thousands, except per share data)
(unaudited)
	March 31,			September 30,
	2011			2010
	(Restated)
ASSETS
Cash	$	16,495		$	11,243
Restricted cash	21,446			12,018
Receivables	1,138			1,671
Receivables from managed entities and related parties, net	57,833			66,416
Investments in commercial finance, net	145,961			12,176
Investments in real estate, net	28,555			27,114
Investment securities, at fair value	3,332			22,358
Investments in unconsolidated entities	12,861			13,825
Asset of consolidated variable interest entity ("VIE") - RSO
Cash and cash equivalents (including restricted cash)	235,795			—
Investments, at fair value	158,927			—
Loans	1,465,053			—
Investment in real estate and unconsolidated entities	42,480			—
Other assets	36,636			—
Total assets of consolidated VIE - RSO	1,938,891			—
Property and equipment, net	7,304			9,984
Deferred tax assets	39,989			43,703
Goodwill	7,969			7,969
Other assets	7,594			5,776
Total assets	$	2,289,368		$	234,253
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	34,409		$	38,492
Payables to managed entities and related parties	136			156
Borrowings	178,938			66,110
Deferred tax liabilities	411			411
Liabilities of consolidated VIE - RSO (see Note 19):
Borrowings	1,473,202			—
Other liabilities	64,387			—
Total liabilities of consolidated VIE - RSO	1,537,589			—
Total liabilities	1,751,483			105,169
Commitments and contingencies
Equity:
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	—			—
Common stock, $.01 par value, 49,000,000 shares authorized; 28,740,931 and 28,167,909 shares issued, respectively (including nonvested restricted stock of 645,708 and 741,086, respectively)	281			274
Additional paid-in capital	280,906			281,378
Accumulated deficit	(43,805		)	(37,558		)
Treasury stock, at cost; 9,108,440 and 9,125,253 shares, respectively	(99,085		)	(99,330		)
Accumulated other comprehensive loss	(1,653		)	(12,807		)
Total stockholders’ equity	136,644			131,957
Noncontrolling interests	(335		)	(2,873		)
Noncontrolling interest of consolidated VIE - RSO	401,576			—
Total equity	537,885			129,084
	$	2,289,368		$	234,253
Consolidating Balance Sheet
(in thousands, except per share data)
(unaudited)
	March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO at June 30, 2011			Eliminations			As Restated
ASSETS
Cash	$	16,495		$	—		$	—		$	16,495
Restricted cash	21,446			—			—			21,446
Receivables	1,138			—			—			1,138
Receivables from managed entities and related parties, net	59,498			—			(1,665		)	57,833
Investments in commercial finance, net	145,961			—			—			145,961
Investments in real estate, net	27,547			—			1,008			28,555
Investment securities, at fair value	19,469			—			(16,137		)	3,332
Investments in unconsolidated entities	12,861			—			—			12,861
Assets of consolidated VIE - RSO :
Cash and cash equivalents (increase restricted cash)	—			235,795			—			235,795
Investments, at fair value	—			190,069			(31,142		)	158,927
Loans	—			1,466,758			(1,705		)	1,465,053
Investments in real estate and consolidated entities	—			42,480			—			42,480
Other assets - RSO	—			37,532			(896		)	36,636
Total assets of consolidated VIE - RSO	—			1,972,634			(33,743		)	1,938,891
Property and equipment, net	8,312			—			(1,008		)	7,304
Goodwill	7,969			—			—			7,969
Deferred tax assets, net	46,114			—			(6,125		)	39,989
Other assets	7,594			—			—			7,594
Total assets	$	374,404		$	1,972,634		$	(57,670	)	$	2,289,368
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	34,409		$	—		$	—		$	34,409
Payables to managed entities and related parties	297			—			(161		)	136
Borrowings	180,643			—			(1,705		)	178,938
Deferred tax liabilities	411			—			—			411
Liabilities of consolidated VIE - RSO :
Borrowings	—			1,473,202			—			1,473,202
Other liabilities	—			66,052			(1,665		)	64,387
Total liabilities	215,760			1,539,254			(3,531		)	1,751,483
Commitments and contingencies
Equity:
Preferred stock	—			—			—			—
Common stock	281			—			—			281
Additional paid-in capital	280,906			—			—			280,906
Accumulated deficit	(43,496		)	—			(309		)	(43,805		)
Treasury stock, at cost	(99,085		)	—			—			(99,085		)
Accumulated other comprehensive loss	(11,504		)	—			9,851			(1,653		)
Total stockholders’ equity	127,102			—			9,542			136,644
Noncontrolling interests	31,542			—			(31,877		)	(335		)
Noncontrolling interests attributable to RSO	—			433,380			(31,804		)	401,576
Total equity	158,644			433,380			(54,139		)	537,885
	$	374,404		$	1,972,634		$	(57,670	)	$	2,289,368
Consolidated Statements of Operations
(unaudited, in thousands, except per share data)
	Three Months Ended						Six Months Ended
	March 31,						March 31,
	2011			2010			2011			2010
	(Restated)						(Restated)
REVENUES:
Real estate (includes $1,202, $880, $2,565 and $2,673 related to RSO)	$	6,258		$	5,770		$	13,132		$	12,717
Commercial finance	6,477			7,409			7,953			16,232
Financial fund management (includes $1,535, $267, $3,937 and $939 related to RSO)	7,612			6,221			15,942			15,873
	20,347			19,400			37,027			44,822
Revenues from consolidated VIE - RSO	26,150			—			48,788			—
Eliminations of consolidated revenues attributed to operating segments	(3,221		)	—			(7,257		)	—
Total Revenues	43,276			19,400			78,558			44,822
COSTS AND EXPENSES:
Real estate	6,088			5,516			11,549			10,243
Financial fund management	5,960			4,700			12,680			9,404
Commercial finance	3,693			4,731			7,966			9,306
General and administrative	2,897			2,768			6,013			6,200
(Gain) loss on sale of leases and loans	(252		)	(31		)	(263		)	551
Provision for credit losses	2,719			1,210			4,325			1,986
Depreciation and amortization	2,921			2,382			4,046			4,588
	24,026			21,276			46,316			42,278
Expenses from consolidated VIE - RSO	15,743			—			23,441			—
Elimination of consolidated expenses attributable to operating segments	(2,389		)	—			(5,499		)	—
Total Expenses	37,380			21,276			64,258			42,278
OPERATING (LOSS) INCOME	5,896			(1,876		)	14,300			2,544
OTHER INCOME (EXPENSE):
Other-than-temporary impairment losses on investments securities	—			(297		)	—			(297		)
Gain on sale of management contract	—			—			6,520			—
Gain (loss) on sale of investment securities, net	97			(424		)	(1,364		)	(424		)
Interest expense	(4,167		)	(3,871		)	(6,536		)	(7,688		)
Other (expense) income, net	(409		)	637			66			1,207
	(4,479		)	(3,955		)	(1,314		)	(7,202		)
Other income from consolidated VIE - RSO	(17		)	—			(6		)	—
Elimination of consolidated other income attributable to operating segments	36			—			75			—
	(4,460		)	(3,955		)	(1,245		)	(7,202		)
Income (loss) from continuing operations before taxes	1,436			(5,831		)	13,055			(4,658		)
Income tax provision - RSO	1,171			—			2,980			—
Income tax benefit	(1,290		)	(3,986		)	(1,932		)	(3,401		)
Income (loss) from continuing operations	1,555			(1,845		)	12,007			(1,257		)
Loss from discontinued operations, net of tax	(2,153		)	(2		)	(2,153		)	(2		)
Net (loss) income	(598		)	(1,847		)	9,854			(1,259		)
Net loss attributable to noncontrolling interests	513			615			1,138			998
Net income attributable to noncontrolling - RSO	(8,868		)	—			(21,447		)	—
Net loss attributable to common shareholders	$	(8,953	)	$	(1,232	)	$	(10,455	)	$	(261	)
Consolidated Statements of Operations - (Continued)
(unaudited, in thousands, except per share data)
	Three Months Ended						Six Months Ended
	March 31,						March 31,
	2011			2010			2011			2010
	(Restated)						(Restated)
Amounts attributable to common shareholders:
Loss from continuing operations	$	(6,800	)	$	(1,230	)	$	(8,302	)	$	(259	)
Discontinued operations	(2,153		)	(2		)	(2,153		)	(2		)
Net loss	$	(8,953	)	$	(1,232	)	$	(10,455	)	$	(261	)
Basic and diluted loss per common share:
Continuing operations	$	(0.35	)	$	(0.06	)	$	(0.43	)	$	(0.01	)
Discontinued operations	(0.11		)	—			(0.11		)	—
Net loss	$	(0.46	)	$	(0.06	)	$	(0.54	)	$	(0.01	)
Weighted average shares outstanding	19,355			19,089			19,213			18,888
Consolidating Statement of Operations
(unaudited, in thousands, except per share data)
	For the Three Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
REVENUES:	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Real estate	$	6,258		$	—		$	—		$	6,258
Financial fund management	7,612			—			—			7,612
Commercial finance	6,477			—			—			6,477
	20,347			—			—			20,347
Revenues from consolidated VIE - RSO	—			26,150			—			26,150
Elimination of consolidated VIE revenues attributed to operating segments	—			—			(3,221		)	(3,221		)
Total Revenues	20,347			26,150			(3,221		)	43,276
COSTS AND EXPENSES:
Real estate	6,088			—			—			6,088
Financial fund management	5,960			—			—			5,960
Commercial finance	3,693			—			—			3,693
General and administrative	2,897			—			—			2,897
Gain on sale of leases and loans	(252		)	—			—			(252		)
Provision for credit losses	2,719			—			—			2,719
Depreciation and amortization	2,921			—			—			2,921
	24,026			—						24,026
Expenses from consolidated VIE - RSO	—			16,914			(1,171		)	15,743
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(2,389		)	(2,389		)
Total expenses	24,026			16,914			(3,560		)	37,380
OPERATING (LOSS) INCOME	(3,679		)	9,236			339			5,896
OTHER INCOME (EXPENSE):
Gain on extinguishment of servicing and repurchase liabilities	4,426			—			(4,426		)	—
Gain on sale of investment securities, net	97			—			—			97
Interest expense	(4,167		)	—			—			(4,167		)
Other income (expense), net	203			—			(612		)	(409		)
Other income from consolidated VIE - RSO	—			(17		)	—			(17		)
Elimination of consolidated VIE expenses attributed to operating segments	—			—			36			36
	559			(17		)	(5,002		)	(4,460		)
(Loss) income from continuing operations before taxes	(3,120		)	9,219			(4,663		)	1,436
Income tax (benefit) provision	(1,290		)	—			1,171			(119		)
(Loss) income from continuing operations	(1,830		)	9,219			(5,834		)	1,555
Loss from discontinued operations, net of tax	(2,153		)	—			—			(2,153		)
Net (loss) income	(3,983		)	9,219			(5,834		)	(598		)
Net (income) loss attributable to noncontrolling interests	(283		)	—			796			513
Net income attributable to noncontrolling interests - RSO	—			—			(8,868		)	(8,868		)
Net (loss) income attributable to common shareholders	$	(4,266	)	$	9,219		$	(13,906	)	$	(8,953	)
Consolidating Statement of Operations - (Continued)
(unaudited, in thousands, except per share data)
	For the Three Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
Amounts attributable to common shareholders:
Income (loss) from continuing operations	$	(2,113	)	$	9,219		$	(13,906	)	$	(6,800	)
Discontinued operations	(2,153		)	—			—			(2,153		)
Net income (loss)	$	(4,266	)	$	9,219		$	(13,906	)	$	(8,953	)
Basic and diluted loss per share:
Continuing operations	$	(0.11	)							$	(0.35	)
Discontinued operations	(0.11		)							(0.11		)
Net loss	$	(0.22	)							$	(0.46	)
Weighted average shares outstanding	19,355									19,355
(1)    Includes RSO for the three months ended June 30, 2011.
Consolidating Statement of Operations
(unaudited, in thousands, except per share data)
	For the Six Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
REVENUES:
Real estate	$	13,132		$	—		$	—		$	13,132
Financial fund management	15,942			—			—			15,942
Commercial finance	7,953			—			—			7,953
	37,027			—			—			37,027
Revenues from consolidated VIE - RSO	—			48,788			—			48,788
Elimination of consolidated VIE revenues attributed to operating segments	—			—			(7,257		)	(7,257		)
Total Revenues	37,027			48,788			(7,257		)	78,558
COSTS AND EXPENSES:
Real estate	11,549			—			—			11,549
Financial fund management	12,680			—			—			12,680
Commercial finance	7,966			—			—			7,966
General and administrative	6,013			—			—			6,013
Gain on sale of leases and loans	(263		)	—			—			(263		)
Provision for credit losses	4,325			—			—			4,325
Depreciation and amortization	4,046			—			—			4,046
	46,316			—			—			46,316
Expenses from consolidated VIE - RSO	—			26,421			(2,980		)	23,441
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(5,499		)	(5,499		)
Total expenses	46,316			26,421			(8,479		)	64,258
OPERATING (LOSS) INCOME	(9,289		)	22,367			1,222			14,300
OTHER INCOME (EXPENSE):
Gain on sale of management contract	6,520			—			—			6,520
Gain on extinguishment of servicing and repurchase liabilities	4,426			—			(4,426		)	—
Loss on sale of investment securities, net	(1,364		)	—			—			(1,364		)
Interest expense	(6,536		)	—			—			(6,536		)
Other income (expense), net	1,289			—			(1,223		)	66
Other expenses from consolidated VIE - RSO	—			(6		)	—			(6		)
Elimination of consolidated VIE expenses attributed to operating segments	—			—			75			75
	4,335			(6		)	(5,574		)	(1,245		)
(Loss) income from continuing operations before taxes	(4,954		)	22,361			(4,352		)	13,055
Income tax (benefit) provision	(1,932		)	—			2,980			1,048
(Loss) income from continuing operations	(3,022		)	22,361			(7,332		)	12,007
Loss from discontinued operations, net of tax	(2,153		)	—			—			(2,153		)
Net (loss) income	(5,175		)	22,361			(7,332		)	9,854
Net loss attributable to noncontrolling interests	342			—			796			1,138
Net income attributable to noncontrolling interests - RSO	—			—			(21,447		)	(21,447		)
Net (loss) income attributable to common shareholders	$	(4,833	)	$	22,361		$	(27,983	)	$	(10,455	)
Consolidating Statement of Operations - (Continued)
(unaudited, in thousands, except per share data)
	For the Six Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
Amounts attributable to common shareholders:
(Loss) income from continuing operations	$	(2,680	)	$	22,361		$	(27,983	)	$	(8,302	)
Discontinued operations	(2,153		)	—			—			(2,153		)
Net (loss) income	$	(4,833	)	$	22,361		$	(27,983	)	$	(10,455	)
Basic and diluted loss per common share:
Continuing operations	$	(0.14	)							$	(0.43	)
Discontinued operations	(0.11		)							(0.11		)
Net loss	$	(0.25	)							$	(0.54	)
Weighted average shares outstanding	19,213									19,213
(1)    Includes RSO for the six months ended June 30, 2011.
Consolidated Statements of Cash Flows
(in thousands, except per share data)
	Six Months Ended
	March 31,
	2011			2010
	(Restated)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	9,854		$	(1,259	)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	6,331			6,721
Net other-than-temporary impairment losses recognized in earnings	—			297
Provision for credit losses	5,124			1,986
Equity in earnings of unconsolidated entities	(1,944		)	(3,441		)
Distributions from unconsolidated entities	2,751			2,701
(Gain) loss on sale of leases and loans	(263		)	551
Loss on sale of investment securities, net	1,364			424
Gain on resolution of assets	—			(287		)
Gain on sale of management contract	(6,520		)	—
Deferred income tax (benefit) provision	(3,065		)	33
Equity-based compensation issued	1,401			2,014
Equity-based compensation received	—			(375		)
Decrease in commercial finance investments	—			37,182
Loss from discontinued operations	2,153			2
Changes in operating assets and liabilities	(1,047		)	(19,657		)
Changes in cash attributable to operations of consolidated VIE - RSO	(16,604		)	—
Net cash provided by operating activities	(465		)	26,892
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(411		)	(236		)
Payments received on real estate loans and real estate	—			2,885
Investments in unconsolidated real estate entities	(419		)	(1,512		)
Purchase of commercial finance assets	(25,790		)	—
Purchase of loans and securities by consolidated VIE - RSO	(436,374		)	—
Principal payments and proceeds from sales received by consolidated VIE - RSO	295,166			—
Proceeds from sale of management contract	9,095			—
Purchase of loans and investments	—			(1,011		)
Proceeds from sale of loans and investments	3,341			1,510
Principal payments received on loans	—			333
Increase in restricted cash of consolidated VIE- RSO	(20,023		)	—
Other investing activity of consolidated VIE - RSO	74,511			—
Net cash (used in) provided by investing activities	(100,904		)	1,969
Consolidated Statements of Cash Flows - (Continued)
(in thousands, except per share data)
	Six Months Ended
	March 31,
	2011			2010
	(Restated)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	31,000			71,001
Principal payments on borrowings	(13,756		)	(116,525		)
Net borrowings (repayments) of consolidated VIE - RSO	23,687			—
Dividends paid	(1,105		)	(1,088		)
Dividends paid by consolidated VIE - RSO	(30,922		)	—
Proceeds from issuance of common stock	1,853			58
Net proceeds from issuance of stock by consolidated VIE	100,946			—
Other	(1,075		)	(1,374		)
(Decrease) increase in restricted cash	(3,518		)	194
Other financing activity of consolidated VIE - RSO	(541		)	—
Net cash provided by (used in) financing activities	106,569			(47,734		)
CASH FLOWS FROM DISCONTINUED OPERATIONS
Operating	52			—
Net cash provided by discontinued operations	52			—
Increase (decrease) in cash	5,252			(18,873		)
Cash at beginning of year	11,243			26,197
Cash at end of period	$	16,495		$	7,324
Consolidating Statement of Cash Flows
(in thousands, except per share data)
(unaudited)
	For the Six Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$	(5,175	)	$	22,361		$	(7,332	)	$	9,854
Adjustments to reconcile net (loss) income to net cash (used in) provided
by operating activities:
Depreciation and amortization	6,243						88			6,331
Provision for credit losses	4,325			—			799			5,124
Equity in earnings of unconsolidated entities	(1,944		)	—			—			(1,944		)
Distributions from unconsolidated entities	2,751			—			—			2,751
Gain on sale of leases and loans	(263		)	—			—			(263		)
Loss on sale of loans and investment securities, net	1,364			—			—			1,364
Gain on sale of management contract	(6,520		)	—			—			(6,520		)
Gain on extinguishment of servicing and repurchase liabilities	(4,426		)	—			4,426			—
Deferred income tax benefit	(3,065		)	—			—			(3,065		)
Equity-based compensation issued	1,401			—			—			1,401
Equity-based compensation received	(33		)	—			33			—
Loss from discontinued operations	2,153			—			—			2,153
Changes in operating assets and liabilities	(1,047		)	—			—			(1,047		)
Change in cash attributable to operating activity of consolidated VIE - RSO	—			(17,367		)	763			(16,604		)
Net cash (used in) provided by operating activities	(4,236		)	4,994			(1,223		)	(465		)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(411		)	—			—			(411		)
Investments in unconsolidated real estate entities	(419		)	—			—			(419		)
Purchase of commercial finance assets	(25,790		)	—			—			(25,790		)
Purchase of loans and securities by consolidated VIE - RSO	—			(446,595		)	10,221			(436,374		)
Principal payments and proceeds from sales received by consolidated VIE - RSO	—			295,166			—			295,166
Proceeds from sale of management contract	9,095			—			—			9,095
Proceeds from sale of loans and investments	3,341			—			—			3,341
Increase in restricted cash of consolidated VIE- RSO	—			(20,023		)	—			(20,023		)
Other investing activity of consolidated VIE - RSO	—			74,511			—			74,511
Net cash (used in) provided by investing activities	(14,184		)	(96,941		)	10,221			(100,904		)
Consolidating Statement of Cash Flows - (Continued)
(in thousands, except per share data)
(unaudited)
	For the Six Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	31,000			—			—			31,000
Principal payments on borrowings	(13,756		)	—			—			(13,756		)
Net borrowings (repayments) of debt by consolidated VIE - RSO	—			23,687			—			23,687
Dividends paid	(1,105		)	—			—			(1,105		)
Dividends paid on common stock by consolidated VIE - RSO	—			(32,145		)	1,223			(30,922		)
Proceeds from issuance of common stock	1,853			—			—			1,853
Net proceeds from issuance of common stock by consolidated VIE - RSO				100,946			—			100,946
Proceeds from issuance of LEAF preferred stock	10,221			—			(10,221		)	—
Increase in restricted cash	(3,518		)	—			—			(3,518		)
Other	(1,075		)	—			—			(1,075		)
Other financing activity of consolidated VIE - RSO	—			(541		)	—			(541		)
Net cash provided by (used in) financing activities	23,620			91,947			(8,998		)	106,569
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Operating activities	52			—			—			52
Net cash provided by discontinued operations	52			—			—			52
Increase in cash	5,252			—			—			5,252
Cash, beginning of year	11,243			—			—			11,243
Cash, end of period	$	16,495		$	—		$	—		$	16,495
(1)    Includes RSO for the six months ended June 30, 2011.
Consolidated Balance Sheets
(in thousands, except per share data)
(unaudited)
	June 30,			September 30,
	2011			2010
	(Restated)
ASSETS
Cash	$	28,553		$	11,243
Restricted cash	17,767			12,018
Receivables	1,115			1,671
Receivables from managed entities and related parties, net	54,485			66,416
Investments in commercial finance, net	164,977			12,176
Investments in real estate, net	18,307			27,114
Investment securities, at fair value	3,159			22,358
Investments in unconsolidated entities	12,256			13,825
Asset of consolidated variable interest entity ("VIE") - RSO	—			—
Cash and cash equivalents (including restricted cash)	177,412			—
Investments, at fair value	175,375			—
Loans	1,682,252			—
Investment in real estate and unconsolidated entities	59,295			—
Other assets	36,281			—
Total assets of consolidated VIE - RSO	2,130,615			—
Property and equipment, net	7,104			9,984
Deferred tax assets	39,784			43,703
Goodwill	7,969			7,969
Other assets	13,386			5,776
Total assets	$	2,499,477		$	234,253
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	39,545		$	38,492
Payables to managed entities and related parties	—			156
Borrowings	188,128			66,110
Deferred tax liabilities	411			411
Liabilities of consolidated VIE -- RSO:
Borrowings	1,549,674			—
Other liabilities	184,845			—
Total liabilities of consolidated VIE - RSO	1,734,519			—
Total liabilities	1,962,603			105,169
Commitments and contingencies
Equity:
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	—			—
Common stock, $.01 par value, 49,000,000 shares authorized; 28,760,970 and 28,167,909 shares issued, respectively (including nonvested restricted stock of 641,496 and 741,086, respectively)	281			274
Additional paid-in capital	281,372			281,378
Accumulated deficit	(44,892		)	(37,558		)
Treasury stock, at cost; 9,089,723 and 9,125,253 shares, respectively	(98,874		)	(99,330		)
Accumulated other comprehensive loss	(1,709		)	(12,807		)
Total stockholders’ equity	136,178			131,957
Noncontrolling interests	(870		)	(2,873		)
Noncontrolling interests of consolidated VIE - RSO	401,566			—
Total equity	536,874			129,084
	$	2,499,477		$	234,253
Consolidating Balance Sheet
(in thousands, except per share data)
(unaudited)
	June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO at September 30, 2011			Eliminations			As Restated
ASSETS
Cash	$	28,553		$	—		$	—		$	28,553
Restricted cash	17,767			—			—			17,767
Receivables	1,115			—			—			1,115
Receivables from managed entities and related parties, net	56,946			—			(2,461		)	54,485
Investments in commercial finance, net	164,977			—			—			164,977
Investments in real estate, net	17,331			—			976			18,307
Investment securities, at fair value	18,635			—			(15,476		)	3,159
Investments in unconsolidated entities	12,256			—			—			12,256
Assets of consolidated VIE - RSO:
Cash and cash equivalents (increase restricted cash)	—			177,412			—			177,412
Investments, at fair value	—			211,649			(36,274		)	175,375
Loans	—			1,683,957			(1,705		)	1,682,252
Investments in real estate and consolidated entities	—			59,295			—			59,295
Other assets - RSO	—			37,929			(1,648		)	36,281
Total assets of consolidated VIE - RSO	—			2,170,242			(39,627		)	2,130,615
Property and equipment, net	8,080			—			(976		)	7,104
Goodwill	7,969			—			—			7,969
Deferred tax assets, net	46,190			—			(6,406		)	39,784
Other assets	13,386			—			—			13,386
Total assets	$	393,205		$	2,170,242		$	(63,970	)	$	2,499,477
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	39,545		$	—		$	—		$	39,545
Payables to managed entities and related parties	204			—			(204		)	—
Borrowings	189,833			—			(1,705		)	188,128
Deferred tax liabilities	411			—			—			411
Liabilities of consolidated VIE - RSO:
Borrowings	—			1,549,674			—			1,549,674
Other liabilities	—			187,304			(2,459		)	184,845
Total liabilities	229,993			1,736,978			(4,368		)	1,962,603
Commitments and contingencies
Equity:
Preferred stock	—			—			—			—
Common stock	281			—			—			281
Additional paid-in capital	281,372			—			—			281,372
Accumulated deficit	(44,477		)	—			(415		)	(44,892		)
Treasury stock, at cost	(98,874		)	—			—			(98,874		)
Accumulated other comprehensive loss	(11,940		)	—			10,231			(1,709		)
Total stockholders’ equity	126,362			—			9,816			136,178
Noncontrolling interests	36,850			—			(37,720		)	(870		)
Noncontrolling interests attributable to RSO	—			433,264			(31,698		)	401,566
Total equity	163,212			433,264			(59,602		)	536,874
	$	393,205		$	2,170,242		$	(63,970	)	$	2,499,477
Consolidated Statements of Operations
(unaudited, in thousands, except per share data)
	Three Months Ended						Nine Months Ended
	June 30,						June 30,
	2011			2010			2011			2010
	(Restated)						(Restated)
REVENUES:
Real estate (includes $2,085, $2,945, $4,650, and $5,618 related to RSO)	$	15,873		$	11,162		$	29,005		$	23,879
Commercial finance (includes $0, $139, $144, and $287 related to RSO)	6,464			5,592			14,417			21,824
Financial fund management (includes $721, $1,257, $4,658, and $2,197 related to RSO)	5,252			8,484			21,194			24,357
	27,589			25,238			64,616			70,060
Revenues from consolidated VIE RSO	21,987			—			70,775			—
Eliminations of consolidated revenues attributed to operating segments	(3,632		)	—			(10,889		)	—
Total Revenues	45,944			25,238			124,502			70,060
COSTS AND EXPENSES:
Real estate	6,727			5,856			18,276			16,099
Commercial finance	3,709			4,512			11,675			13,818
Financial fund management	4,234			6,471			16,914			15,875
General and administrative	2,614			2,946			8,627			9,146
(Gain) loss on sale of leases and loans	(94		)	7,154			(357		)	7,705
Provision for credit losses	3,476			1,428			7,801			3,414
Depreciation and amortization	3,159			2,005			7,205			6,593
	23,825			30,372			70,141			72,650
Expenses from consolidated VIE	9,631			—			33,072			—
Elimination of consolidated expenses attributable to operating segments	(2,582		)	—			(8,081		)	—
Total Expenses	30,874			30,372			95,132			72,650
OPERATING INCOME (LOSS)	15,070			(5,134		)	29,370			(2,590		)
OTHER INCOME (EXPENSE):
Impairment loss recognized in earnings	—			(67		)	—			(364		)
Gain on sale of management contract	—			—			6,520			—
Gain (loss) on sale of investment securities, net	82			(27		)	(1,282		)	(451		)
Interest expense	(4,276		)	(3,504		)	(10,812		)	(11,192		)
Other income, net	84			739			150			1,946
	(4,110		)	(2,859		)	(5,424		)	(10,061		)
Other income from consolidated VIE	3,875			—			3,869			—
Elimination of consolidated other income attributable to operating segments	34			—			109			—
	(201		)	(2,859		)	(1,446		)	(10,061		)
Income (loss) from continuing operations before taxes	14,869			(7,993		)	27,924			(12,651		)
Income tax provision - RSO	1,289			—			4,269			—
Income tax provision (benefit)	151			(1,404		)	(1,781		)	(4,805		)
Income (loss) from continuing operations	13,429			(6,589		)	25,436			(7,846		)
Loss from discontinued operations, net of tax	(23		)	(1		)	(2,176		)	(3		)
Net income (loss)	13,406			(6,590		)	23,260			(7,849		)
Net loss attributable to noncontrolling interests	513			1,275			1,651			2,273
Net income attributable to noncontrolling - RSO	(14,436		)	—			(35,883		)	—
Net loss attributable to common shareholders	$	(517	)	$	(5,315	)	$	(10,972	)	$	(5,576	)
Consolidated Statements of Operations - (Continued)
(unaudited, in thousands, except per share data)
	Three Months Ended						Nine Months Ended
	June 30,						June 30,
	2011			2010			2011			2010
	(Restated)						(Restated)
Amounts attributable to common shareholders:
Loss from continuing operations	$	(494	)	$	(5,314	)	$	(8,796	)	$	(5,573	)
Discontinued operations	(23		)	(1		)	(2,176		)	(3		)
Net loss	$	(517	)	$	(5,315	)	$	(10,972	)	$	(5,576	)
Basic and diluted loss per common share:
Continuing operations	$	(0.03	)	$	(0.28	)	$	(0.46	)	$	(0.29	)
Discontinued operations	—			—			(0.11		)	—
Net loss	$	(0.03	)	$	(0.28	)	$	(0.57	)	$	(0.29	)
Weighted average shares outstanding	19,741			19,140			19,389			18,972
Consolidating Statement of Operations
(in thousands, except per share data)
	For the Three Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			Restated
REVENUES:	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Real estate	$	15,873		$	—		$	—		$	15,873
Financial fund management	5,252			—			—			5,252
Commercial finance	6,464			—			—			6,464
	27,589			—			—			27,589
Revenues from consolidated VIE - RSO	—			21,987						21,987
Elimination of consolidated VIE revenues attributed to operating segments	—						(3,632		)	(3,632		)
Total Revenues	27,589			21,987			(3,632		)	45,944
COSTS AND EXPENSES:
Real estate	6,727			—			—			6,727
Financial fund management	4,234			—			—			4,234
Commercial finance	3,709			—			—			3,709
General and administrative	2,614			—			—			2,614
Gain on sale of leases and loans	(94		)	—			—			(94		)
Provision for credit losses	3,476			—			—			3,476
Depreciation and amortization	3,159			—			—			3,159
	23,825			—			—			23,825
Expenses from consolidated VIE - RSO	—			10,920			(1,289		)	9,631
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(2,582		)	(2,582		)
Total expenses	23,825			10,920			(3,871		)	30,874
OPERATING INCOME	3,764			11,067			239			15,070
OTHER INCOME (EXPENSE):
Gain on sale of investment securities, net	82			—			—			82
Interest expense	(4,276		)	—			—			(4,276		)
Other income, net	696			—			(612		)	84
Other income from consolidated VIE - RSO	—			3,875			—			3,875
Elimination of consolidated VIE expenses attributed to operating segments	—			—			34			34
	(3,498		)	3,875			(578		)	(201		)
Income (loss) from continuing operations before taxes	266			14,942			(339		)	14,869
Income tax provision	151			—			1,289			1,440
Income (loss) from continuing operations	115			14,942			(1,628		)	13,429
Loss from discontinued operations, net of tax	(23		)	—			—			(23		)
Net income (loss)	92			14,942			(1,628		)	13,406
Net (loss) income attributable to noncontrolling interests	(503		)	—			1,016			513
Net income attributable to noncontrolling interests - RSO	—			—			(14,436		)	(14,436		)
Net (loss) income attributable to common shareholders	$	(411	)	$	14,942		$	(15,048	)	$	(517	)
Consolidating Statement of Operations
(in thousands, except per share data)
	For the Three Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			Restated
Amounts attributable to common shareholders:
(Loss) income from continuing operations	$	(388	)	$	14,942		$	(15,048	)	$	(494	)
Discontinued operations	(23		)	—			—			(23		)
Net (loss) income	$	(411	)	$	14,942		$	(15,048	)	$	(517	)
Basic and diluted loss per share:
Continuing operations	$	(0.02	)							$	(0.03	)
Discontinued operations	—									—
Net income (loss)	$	(0.02	)							$	(0.03	)
Weighted average shares outstanding	19,741									19,741
(1)     Includes RSO for the three months ended September 30, 2011
Consolidating Statement of Operations
(in thousands, except per share data)
	For the Nine Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
REVENUES:	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Real estate	$	29,005		$	—		$	—		$	29,005
Financial fund management	21,194			—			—			21,194
Commercial finance	14,417			—			—			14,417
	64,616			—			—			64,616
Revenues from consolidated VIE - RSO	—			70,775						70,775
Elimination of consolidated VIE revenues attributed to operating segments	—						(10,889		)	(10,889		)
Total Revenues	64,616			70,775			(10,889		)	124,502
COSTS AND EXPENSES:
Real estate	18,276			—			—			18,276
Financial fund management	16,914			—			—			16,914
Commercial finance	11,675			—			—			11,675
General and administrative	8,627			—			—			8,627
Gain on sale of leases and loans	(357		)	—			—			(357		)
Provision for credit losses	7,801			—			—			7,801
Depreciation and amortization	7,205			—			—			7,205
	70,141			—			—			70,141
Expenses from consolidated VIE - RSO	—			37,341			(4,269		)	33,072
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(8,081		)	(8,081		)
Total Expenses	70,141			37,341			(12,350		)	95,132
OPERATING (LOSS) INCOME	(5,525		)	33,434			1,461			29,370
OTHER INCOME (EXPENSE):
Gain on sale of management contract	6,520			—			—			6,520
Gain on extinguishment of servicing and repurchase liabilities	4,426			—			(4,426		)	—
Loss on sale of investment securities, net	(1,282		)	—			—			(1,282		)
Interest expense	(10,812		)	—			—			(10,812		)
Other income, net	1,985			—			(1,835		)	150
Other income from consolidated VIE - RSO	—			3,869			—			3,869
Elimination of consolidated VIE expenses attributed to operating segments	—			—			109			109
	837			3,869			(6,152		)	(1,446		)
(Loss) income from continuing operations before taxes	(4,688		)	37,303			(4,691		)	27,924
Income tax (benefit) provision	(1,781		)	—			4,269			2,488
(Loss) income from continuing operations	(2,907		)	37,303			(8,960		)	25,436
Loss from discontinued operations, net of tax	(2,176		)	—			—			(2,176		)
Net (loss) income	(5,083		)	37,303			(8,960		)	23,260
Net (loss) income attributable to noncontrolling interests	(161		)	—			1,812			1,651
Net income attributable to noncontrolling interests - RSO	—			—			(35,883		)	(35,883		)
Net (loss) income attributable to common shareholders	$	(5,244	)	$	37,303		$	(43,031	)	$	(10,972	)
Consolidating Statement of Operations - (Continued)
(in thousands, except per share data)
	For the Nine Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
Amounts attributable to common shareholders:
(Loss) income from continuing operations	$	(3,068	)	$	37,303		$	(43,031	)	$	(8,796	)
Discontinued operations	(2,176		)	—			—			(2,176		)
Net (loss) income	$	(5,244	)	$	37,303		$	(43,031	)	$	(10,972	)
Basic and diluted loss per share:
Continuing operations	$	(0.16	)							$	(0.46	)
Discontinued operations	(0.11		)							(0.11		)
Net loss	$	(0.27	)							$	(0.57	)
Weighted average shares outstanding	19,389									19,389
(1)    Includes RSO for the nine months ended September 30, 2011
Consolidated Statements of Cash Flows
(unaudited, in thousands, except per share data)
	Nine Months Ended
	June 30.
	2011			2010
	(Restated)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	23,260		$	(7,849	)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	10,955			10,192
Net other-than-temporary impairment losses recognized in earnings	—			364
Provision for credit losses	8,600			3,414
Equity in earnings of unconsolidated entities	(9,367		)	(4,098		)
Distributions from unconsolidated entities	5,018			3,823
(Gain) loss on sale of leases and loans	(357		)	7,705
Loss on sale of investment securities, net	1,282			451
Gain on resolution of assets	—			(2,040		)
Gain on sale of management contract	(6,520		)	—
Deferred income tax (benefit) provision	(1,667		)	29
Equity-based compensation issued	1,963			2,874
Equity-based compensation received	—			(1,118		)
Decrease in commercial finance investments	—			30,959
Loss from discontinued operations	2,176			3
Changes in operating assets and liabilities	(2,983		)	(21,723		)
Change in cash attributable to operating activity of consolidated VIE - RSO	(14,293		)	—
Net cash provided by operating activities	18,067			22,986
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(739		)	(320		)
Payments received on real estate loans and real estate	16,291			8,355
Investments in unconsolidated real estate entities	(854		)	(1,908		)
Purchase of commercial finance assets	(65,762		)	—
Principal payments received on leases and loans	18,732			—
Purchase of loans and securities by consolidated VIE - RSO	(592,226		)	—
Principal payments and proceeds from sales received by consolidated VIE - RSO	370,238			—
Proceeds from sale of management contract	9,095			—
Purchase of loans and investments	—			(1,011		)
Proceeds from sale of loans and investments	3,534			2,740
Increase in restricted cash of consolidated VIE- RSO	22,334			—
Other investing activity of consolidated VIE - RSO	81,704			—
Net cash (used in) provided by investing activities	(137,653		)	7,856
Consolidated Statements of Cash Flows - (Continued)
(unaudited, in thousands, except per share data)
	Nine Months Ended
	June 30.
	2011			2010
	(Restated)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	66,217			81,802
Principal payments on borrowings	(45,776		)	(127,889		)
Net borrowings (repayments) of debt by consolidated VIE - RSO	50,411			—
Dividends paid	(1,675		)	(1,087		)
Dividends paid on equity of consolidated VIE - RSO	(48,877		)	—
Proceeds from issuance of common stock	1,914			58
Net proceeds from issuance of common stock by consolidated VIE - RSO	112,449			—
Other	(1,992		)	(1,824		)
Increase in restricted cash	4,947			1,068
Other financing activity of consolidated VIE - RSO	(541		)	—
Net cash provided by (used in) financing activities	137,077			(47,872		)
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Operating activities	(181		)	(3		)
Net cash used in discontinued operations	(181		)	(3		)
Increase (decrease) in cash	17,310			(17,033		)
Cash at beginning of year	11,243			26,197
Cash at end of period	$	28,553		$	9,164
Consolidating Statement of Cash Flows
(in thousands, except per share data)
(unaudited)
	For the Nine Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$	(5,083	)	$	37,303		$	(8,960	)	$	23,260
Adjustments to reconcile net (loss) income to net cash (used in)
provided by operating activities:
Depreciation and amortization	10,867			—			88			10,955
Provision for credit losses	7,801			—			799			8,600
Equity in earnings of unconsolidated entities	(9,367		)	—			—			(9,367		)
Distributions from unconsolidated entities	5,018			—			—			5,018
Gain on sale of leases and loans	(357		)	—			—			(357		)
Loss on sale of loans and investment securities, net	1,282			—			—			1,282
Gain on sale of management contract	(6,520		)	—			—			(6,520		)
Gain on extinguishment of servicing and repurchase liabilities	(4,426		)	—			4,426			—
Deferred income tax benefit	(1,667		)	—			—			(1,667		)
Equity-based compensation issued	1,963			—			—			1,963
Equity-based compensation received	(234		)	—			234			—
Loss from discontinued operations	2,176			—			—			2,176
Changes in operating assets and liabilities	(2,983		)	—			—			(2,983		)
Change in cash attributable to operating activity of consolidated VIE -RSO	—			(15,871		)	1,578			(14,293		)
Net cash (used in) provided by operating activities	(1,530		)	21,432			(1,835		)	18,067
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(739		)	—			—			(739		)
Payments received on real estate loans and real estate	16,291			—			—			16,291
Investments in unconsolidated real estate entities	(854		)	—			—			(854		)
Purchase of commercial finance assets	(65,762		)	—			—			(65,762		)
Principal payments received on leases and loans	18,732			—			—			18,732
Purchase of loans and securities by consolidated VIE - RSO	—			(607,447		)	15,221			(592,226		)
Principal payments and proceeds from sales received by consolidated VIE - RSO	—			370,238			—			370,238
Proceeds from sale of management contract	9,095			—			—			9,095
Proceeds from sale of loans and investments	3,534			—			—			3,534
Increase in restricted cash of consolidated VIE- RSO	—			22,334			—			22,334
Other investing activity of consolidated VIE - RSO	—			81,836			(132		)	81,704
Net cash provided by (used in) investing activities	(19,703		)	(133,039		)	15,089			(137,653		)
Consolidating Statement of Cash Flows - (Continued)
(in thousands, except per share data)
(unaudited)
	For the Nine Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	66,217			—			—			66,217
Principal payments on borrowings	(45,776		)	—			—			(45,776		)
Net borrowings (repayments) of debt by consolidated VIE - RSO	—			50,411			—			50,411
Dividends paid	(1,675		)	—			—			(1,675		)
Dividends paid on common stock by consolidated VIE - RSO	—			(50,712		)	1,835			(48,877		)
Proceeds from issuance of common stock	1,914			—			—			1,914
Net proceeds from issuance of common stock by consolidated VIE - RSO	—			112,449			—			112,449
Proceeds from issuance of LEAF preferred stock	15,221			—			(15,221		)	—
Preferred stock dividends paid by LEAF to RSO	(132		)	—			132			—
Decrease in restricted cash	4,947			—			—			4,947
Other	(1,992		)	—			—			(1,992		)
Other financing activity of consolidated VIE - RSO	—			(541		)	—			(541		)
Net cash provided by (used in) financing activities	38,724			111,607			(13,254		)	137,077
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Operating activities	(181		)	—			—			(181		)
Net cash used in discontinued operations	(181		)	—			—			(181		)
Increase in cash	17,310			—			—			17,310
Cash, beginning of year	11,243			—			—			11,243
Cash, end of period	$	28,553		$	—		$	—		$	28,553
(1)    Includes RSO for the nine months September 30, 2011.
The following table sets forth the Company's operating results by quarter for the twelve months ended September 30, 2012 which includes RSO for the same periods (in thousands, except share data):
Quarterly Results for Fiscal 2012	31-Dec			31-Mar			30-Jun			30-Sep
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Revenues	$	18,664		$	14,780		$	13,784		$	17,208
Revenues from consolidated VIE - RSO	25,211			28,726			26,262			35,669
Elimination of consolidated VIE revenues attributed to operating segments	(4,501		)	(3,510		)	(4,235		)	(4,988		)
Total Revenues	39,374			39,996			35,811			47,889
Operating income	3,985			13,478			5,810			16,238
(Loss) income from continuing operations	(239		)	11,625			46,215			15,622
Loss from discontinued operations	(20		)	(16		)	(14		)	(8		)
Net (loss) income	(259		)	11,609			46,201			15,614
Less:  Net loss (income) attributable to noncontrolling interests	193			39			(45		)	36
Less:  Net income attributable to noncontrolling interests - RSO	(367		)	(14,030		)	(15,945		)	(17,917		)
Net (loss) income attributable to common shareholders	(433		)	(2,382		)	30,211			(2,267		)
Basic (loss) earnings per common share:
Continuing operations	$	(0.02	)	$	(0.12	)	$	1.52		$	(0.11	)
Discontinued operations	—			—			—			—
Net (loss) income	$	(0.02	)	$	(0.12	)	$	1.52		$	(0.11	)
Diluted (loss) earnings per common share:
Continuing operations	$	(0.02	)	$	(0.12	)	$	1.44		$	(0.11	)
Discontinued operations	—			—			0			0
Net (loss) income	$	(0.02	)	$	(0.12	)	$	1.44		$	(0.11	)

VARIABLE_INTEREST_ENTITIES

VARIABLE INTEREST ENTITIES	12 Months Ended
	Dec. 31, 2012							Sep. 30, 2012
Variable Interest Entities [Abstract]	'							'
VARIABLE INTEREST ENTITIES	'							'
	The following reflects the assets and liabilities and operations of RSO which was consolidated by the Company:							VARIABLE INTEREST ENTITIES
								In general, a VIE is an entity that does not have sufficient equity to finance its operations without additional subordinated financial support, or an entity for which the risks and rewards of ownership are not directly linked to voting interests. The Company has variable interests in VIEs through its management contracts and investments in various securitization entities, including CDO issuers. Since the Company serves as the asset manager for the investment entities it sponsored and manages, the Company is generally deemed to have the power to direct the activities of the VIE that most significantly impact the entity's economic performance. In the case of an interest in a VIE managed by the Company, the Company will perform an additional qualitative analysis to determine if its interest (including any investment as well as any management fees that qualify as variable interests) could absorb losses or receive benefits that could potentially be significant to the VIE. This analysis considers the most optimistic and pessimistic scenarios of potential economic results that could reasonably be experienced by the VIE. Then, the Company compares the benefits it would receive (in the optimistic scenario) or the losses it would absorb (in the pessimistic scenario) as compared to benefits and losses absorbed by the VIE in total. If the benefits or losses absorbed by the Company were significant as compared to total benefits and losses absorbed by all variable interest holders, then the Company would conclude it is the primary beneficiary.
								Consolidated VIE - RSO
	RSO Balance Sheets Detail (in thousands):							The Company determined that it was the primary beneficiary of RSO, as it has the power to direct the activities of RSO that most significantly impact RSO’s economic performance, and the obligation to absorb losses/right to receive benefits from RSO that could potentially be significant to RSO. As part of its analysis the Company evaluated its duties under the terms of the management agreement and the voting rights provided to RSO’s shareholders which include the right to elect the Company’s board of directors and the ability to terminate the management agreement. The Company concluded that the fee paid to the manager in the event of a termination and the Company’s role in managing the operations of RSO resulted in the Company having the power to direct, as defined in ASC Topic 810. Additionally, the Company prepared a quantitative analysis to measure the management/incentive fees and the Company’s equity ownership position in RSO relative to the anticipated economic performance of RSO. The Company determined its benefits could be significant and therefore concluded that the Company is the primary beneficiary and should consolidate RSO. The assets of RSO are held solely to satisfy RSO’s obligations and the creditors of RSO have no recourse against the assets of the Company.
		December 31,
		2012			2011
	ASSETS (1)							RSO Income Statement Detail
	Cash and cash equivalents	$	85,278		$	43,116		(in thousands)
									Years Ended December 31,
	Restricted cash	94,112			142,806				2012				2011
								REVENUES
	Subtotal- Cash and cash equivalents	179,390			185,922			Interest income:
								Loans	$	109,030			$	86,739
	Investment securities, trading	24,843			38,673			Securities	14,296				12,424
	Investment securities available-for-sale, pledged as collateral, at fair value	195,200			136,188			Interest income − other	10,004				10,711
	Investment securities available-for-sale, at fair value	36,390			4,678			Total interest income	133,330				109,874
	Subtotal- Investments, at fair value	256,433			179,539			Interest expense	42,792				32,186
								Net interest income	90,538				77,688
	Loans, pledged as collateral and net of allowances of $17.7 million and $27.5 million	1,793,780			1,772,063
								Rental income	11,463				3,656
	Loans receivable–related party	8,324			9,497
								Dividend income	69				3,045
	Loans held for sale	48,894			3,154
								Equity in (losses) earnings of unconsolidated subsidiaries	(2,709		)		112
	Subtotal - Loans, before eliminations	1,850,998			1,784,714
								Fee income	7,068				7,789
	Eliminations	(1,677		)	(8,605		)
	Subtotal - Loans	1,849,321			1,776,109			Net realized gain on sales of investment securities available-for-sale and loans	4,106				2,643
								Net realized and unrealized gain on investment securities, trading	12,435				837
	Property available-for-sale	—			2,980
								Unrealized gain and net interest income on linked transactions, net	728				216
	Investment in real estate	75,386			48,027
								Revenues from consolidated VIE - RSO	123,698				95,986
	Investments in unconsolidated entities	45,413			47,899
								OPERATING EXPENSES
	Subtotal, Investments in real estate and unconsolidated entities, before eliminations	120,799			98,906
								Management fees − related party	18,512				11,022
	Eliminations	(93		)	(38,850		)
	Subtotal, Investments in real estate and unconsolidated entities	120,706			60,056			Equity compensation − related party	4,636				2,526
	Line items included in "other assets":							Professional services	4,700				3,791
	Linked transactions, at fair value	6,835			2,275
								Insurance	639				658
	Interest receivable	7,763			8,836
								Rental operating expense	8,046				2,743
	Deferred tax asset	2,766			626
								General and administrative	4,434				3,950
	Principal paydown receivable	25,570			—
								Depreciation and amortization	5,885				4,619
	Intangible assets	13,192			19,813
								Income tax expense	14,602				12,036
	Prepaid expenses	10,396			648
								Net impairment losses recognized in earnings	180				6,898
	Other assets	4,109			3,445
								Provision for loan losses	16,818				13,896
	Subtotal - Other assets, before eliminations	70,631			35,643
								Total operating expenses	78,452				62,139
	Eliminations	(31		)	(34		)
	Subtotal - Other assets	70,600			35,609			Reclassification of income tax expense	(14,602		)		(12,036		)
								Expenses of consolidated VIE - RSO	63,850				50,103
	Total assets (excluding eliminations)	$	2,478,251		$	2,284,724
								Adjusted operating income	59,848				45,883
	Total assets (including eliminations)	$	2,476,450		$	2,237,235
								OTHER REVENUE (EXPENSE)
LIABILITIES (2)
							Gain on consolidation	2,498				—
Borrowings	$	1,785,600		$	1,794,083
							Gains on the extinguishment of debt	16,699				3,875
Distribution payable	21,655			19,979			Other expenses	—				(6		)
Accrued interest expense	2,918			3,260			Other income, net, from consolidated VIE - RSO	19,197				3,869
Derivatives, at fair value	14,687			13,210			Income from continuing operations	79,045				49,752
Accrued tax liability	13,641			12,567			Income tax provision - RSO	14,602				12,036
Deferred tax liability	8,376			5,624			NET INCOME	64,443				37,716
Accounts payable and other liabilities	18,029			6,311			Net income allocated to preferred shares	(1,244		)		—
Subtotal - Other liabilities, before eliminations	79,306			60,951			NET INCOME ALLOCABLE TO RSO COMMON SHAREHOLDERS	$	63,199			$	37,716
Eliminations	(6,633		)	(2,698		)	Summary of Significant Accounting Policies - RSO
Subtotal - Other liabilities	72,673			58,253			Use of Estimates
							The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates affecting the accompanying consolidated financial statements include the net realizable and fair values of RSO's investments and derivatives, the estimated life used to calculate depreciation, amortization, and accretion of premiums and discounts, respectively, on investments and provisions for loan losses.
Total liabilities (before eliminations)	$	1,864,906		$	1,855,034		Cash and Cash Equivalents
							Cash and cash equivalents include cash on hand and all highly liquid investments with original maturities of three months or less at the time of purchase. At December 31, 2012 and 2011, this included $19.9 million and $4.8 million, respectively, held in a prime brokerage account, $20.6 million and $26.0 million, respectively, held in a money market account, $43.3 million and $12.0 million, respectively, held in checking accounts, and $1.5 million and $299,000, respectively, held in accounts at RSO's investment properties.
Total liabilities (after eliminations)	$	1,858,273		$	1,852,336		Investment Securities
							RSO classifies its investment portfolio as trading or available-for-sale.  RSO, from time to time, may sell any of its investments due to changes in market conditions or in accordance with its investment strategy.RSO’s investment securities, trading are reported at fair value.  To determine fair value, RSO uses dealer quotes or bids which are validated using a third-party valuation firm utilizing appropriate prepayment, default, and recovery rates.  Any changes in fair value are recorded in RSO’s results of operations as net realized and unrealized gain (loss) on investment securities, trading.
							RSO’s investment securities available-for-sale are reported at fair value.  To determine fair value, RSO uses a dealer quote, which typically will be the dealer who sold RSO the security.  RSO has been advised that, in formulating their quotes, dealers may use recent trades in the particular security, if any, market activity in similar securities, if any, or internal valuation models.  These quotes are non-binding.  Based on how dealers develop their quotes, market liquidity and levels of trading, RSO categorizes these investments as either Level 2 or Level 3 in the fair value hierarchy.  RSO evaluates the reasonableness of the quotes it receives by applying its own valuation models.  If there is a material difference between a quote RSO receives and the value indicated by its valuation models, RSO will evaluate the difference.  As part of that evaluation, RSO will discuss the difference with the dealer, who may revise its quote based upon these discussions.  Alternatively, RSO may revise its valuation models.
							On a quarterly basis, RSO evaluates its available-for-sale investments for other-than-temporary impairment.  An available-for-sale investment is impaired when its fair value has declined below its amortized cost basis.  An impairment is considered other-than-temporary when the amortized cost basis of the investment or some portion thereof will not be recovered.  In addition, RSO’s intent to sell as well as the likelihood that RSO will be required to sell the security before the recovery of the amortized cost basis is considered.  Where credit quality is believed to be the cause of the other-than-temporary impairment, that component of the impairment is recognized as an impairment loss in the statement of operations.  Where other market components are believed to be the cause of the impairment, that component of the impairment is recognized as other comprehensive loss.
							Investment security transactions are recorded on the trade date.  Realized gains and losses on investment securities are determined on the specific identification method.
RSO Balance Sheets Detail (in thousands):							Investment Interest Income Recognition
	December 31,						Interest income on RSO’s mortgage-backed and other asset-backed securities is accrued using the effective yield method based on the actual coupon rate and the outstanding principal amount of the underlying mortgages or other assets.  Premiums and discounts are amortized or accreted into interest income over the lives of the securities also using the effective yield method, adjusted for the effects of estimated prepayments.  For an investment purchased at par, the effective yield is the contractual interest rate on the investment.  If the investment is purchased at a discount or at a premium, the effective yield is computed based on the contractual interest rate increased for the accretion of a purchase discount or decreased for the amortization of a purchase premium.  The effective yield method requires RSO to make estimates of future prepayment rates for its investments that can be contractually prepaid before their contractual maturity date so that the purchase discount can be accreted, or the purchase premium can be amortized, over the estimated remaining life of the investment.  The prepayment estimates that RSO uses directly impact the estimated remaining lives of its investments.  Actual prepayment estimates are reviewed as of each quarter end or more frequently if RSO becomes aware of any material information that would lead it to believe that an adjustment is necessary.  If prepayment estimates are incorrect, the amortization or accretion of premiums and discounts may have to be adjusted, which would have an impact on future income.
	2012			2011			Loans
(1) Assets of consolidated RSO's VIEs included in the total assets above:							RSO acquires loans through direct origination, through the acquisition of participations in commercial real estate loans and corporate leveraged loans in the secondary market and through syndications of newly originated loans. Loans are held for investment; therefore, RSO initially records them at their acquisition price, and subsequently, accounts for them based on their outstanding principal plus or minus unamortized premiums or discounts. RSO may sell a loan held for investment where the credit fundamentals underlying a particular loan have changed in such a manner that RSO's expected return on investment may decrease. Once the determination has been made by RSO that it no longer will hold the loan for investment, RSO identifies these loans as “Loans held for sale” and will account for them at the lower of amortized cost or fair value.
Restricted cash	$	90,108		$	138,120		Loan Interest Income Recognition
							Interest income on loans includes interest at stated rates adjusted for amortization or accretion of premiums and discounts. Premiums and discounts are amortized or accreted into income using the effective yield method. If a loan with a premium or discount is prepaid, RSO immediately recognizes the unamortized portion as a decrease or increase to interest income. In addition, RSO defers loan origination fees and loan origination costs and recognizes them over the life of the related loan against interest income using the effective yield method.
Investments securities available-for-sale, pledged as collateral, at fair value	135,566			89,045			Allowance for Loan Loss
							RSO maintains an allowance for loan loss.  Loans held for investment are first individually evaluated for impairment so specific reserves can be applied.  Loans for which a specific reserve is not applicable are then evaluated for impairment as a homogeneous pool of loans with substantially similar characteristics so that a general reserve can be established, if needed.  The reviews are performed at least quarterly.
Loans held for sale	14,894			3,154			RSO considers a loan to be impaired if one of two conditions exists.  The first condition is if, based on current information and events, management believes it is probable that RSO will be unable to collect all amounts due according to the contractual terms of the loan agreement.  The second condition is if the loan is deemed to be a troubled-debt restructuring (“TDR”) where a concession has been given to a borrower in financial difficulty.  These TDRs may not have an associated specific loan loss allowance if the principal and interest amount is considered recoverable based on current market conditions, expected collateral performance and / or guarantees made by the borrowers.
							When a loan is impaired under either of these two conditions, the allowance for loan losses is increased by the amount of the excess of the amortized cost basis of the loan over its fair value.  Fair value may be determined based on the present value of estimated cash flows; on market price, if available; or on the fair value of the collateral less estimated disposition costs.  When a loan, or a portion thereof, is considered uncollectible and pursuit of collection is not warranted, RSO will record a charge-off or write-down of the loan against the allowance for loan losses.
Property available-for-sale	—			2,980			An impaired loan may remain on accrual status during the period in which RSO is pursuing repayment of the loan; however, the loan would be placed on non-accrual status at such time as (i) RSO's management believes that scheduled debt service payments will not be met within the coming 12 months; (ii) the loan becomes 90 days delinquent; (iii) RSO's management determines the borrower is incapable of, or has ceased efforts toward, curing the cause of the impairment; or (iv) the net realizable value of the loan’s underlying collateral approximates RSO’s carrying value for such loan.  While on non-accrual status, RSO recognizes interest income only when an actual payment is received.
							Investments in Real Estate
Loans, pledged as collateral and net of allowances of $15.2 million and $17.2 million	1,678,719			1,730,950			Investments in real estate are carried net of accumulated depreciation.  Costs directly related to the acquisition are expensed as incurred.  Ordinary repairs and maintenance which are not reimbursed by the tenants are expensed as incurred.  Costs related to the improvement of the real property are capitalized and depreciated over their useful life.
							Acquisitions of real estate assets and any related intangible assets are recorded initially at fair value under FASB ASC Topic 805, “Business Combinations.”  RSO allocates the purchase price of its investments in real estate to land, building, site improvements, the value of in-place leases and the value of above or below market leases. The value allocated to above or below market leases is amortized over the remaining lease term as an adjustment to rental income. RSO amortizes the value allocated to in-place leases over the weighted average remaining lease term to depreciation and amortization expense.  RSO depreciates real property using the straight-line method over the estimated useful lives of the assets as follows:
Interest receivable	5,986			6,003
Prepaid expenses	328			212			Category	Term
							Building	25 - 40 years
Principal receivable	25,570			—			Site improvements	Lesser of the remaining life of building or useful life
							Long-Lived and Intangible Assets
Other assets	333			24			Long-lived assets and certain identifiable intangibles to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of such assets may not be recoverable.  The review of recoverability is based on an estimate of the future undiscounted cash flows (excluding interest charges) expected to result from the long-lived asset’s use and eventual disposition.  If impairment has occurred, the loss will be measured as the excess of the carrying amount of the asset over the fair value of the asset.
							Other than an impairment charge of $1.7 million RSO took on conversion of a loan investment into equity of a real estate property during the years ended 2011, no impairment charges were recorded on RSO’s investment in real estate or intangible assets during the year ended December 31, 2012.
Total assets of consolidated VIEs	$	1,951,504		$	1,970,488		Comprehensive Income/(Loss)
							Comprehensive income/(loss) for RSO includes net income and the change in net unrealized gains/(losses) on available-for-sale securities and derivative instruments used to hedge exposure to interest rate fluctuations and protect against declines in the market value of assets resulting from general market trends.
							Income Taxes
(2) Liabilities of consolidated RSO's VIEs included in the total liabilities above:							RSO operates in such a manner as to qualify as a real estate investment trust (“REIT”) under the provisions of the Internal Revenue Code of 1986, as amended (the "Code"); therefore, applicable REIT taxable income is included in the taxable income of its shareholders, to the extent distributed by RSO.  To maintain REIT status for federal income tax purposes, RSO is generally required to distribute at least 90% of its REIT taxable income to its shareholders as well as comply with certain other qualification requirements as defined under the Code.  As a REIT, RSO is not subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income each year.
Borrowings	$	1,614,882		$	1,689,638		Taxable income, from non-REIT activities managed through RSO's taxable REIT subsidiaries, is subject to federal, state and local income taxes.  RSO's taxable REIT subsidiaries' income taxes are accounted for under the asset and liability method.  Under the asset and liability method, deferred income taxes are recognized for the temporary differences between the financial reporting basis and tax basis of assets and liabilities.
							Apidos CDO I, Apidos CDO III, Apidos Cinco CDO, Apidos CDO VIII, and Whitney CLO I, RSO's foreign TRSs, are organized as exempted companies incorporated with limited liability under the laws of the Cayman Islands, and are generally exempt from federal and state income at the corporate level because their activities in the United States are limited to trading in stock and securities for their own account.  Therefore, despite their status as taxable REIT subsidiaries, they generally will not be subject to corporate tax on their earnings and no provision for income taxes is required; however, because they are “controlled foreign corporations,” RSO will generally be required to include Apidos CDO I's, Apidos CDO III's, Apidos Cinco CDO's, Apidos CDO VIII's, and Whitney CLO I's current taxable income in its calculation of REIT taxable income.
Accrued interest expense	2,666			2,943			On October 27, 2011 RSO reorganized the ownership structure of Apidos CDO I and Apidos CDO III. As a result, the earnings from Apidos CDO I and Apidos CDO III are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax. On January 24, 2012, RSO reorganized the ownership structure of Apidos CDO I and Apidos CDO III.  As a result, for the period January 1, 2012 through January 23, 2012, the earnings from Apidos CDO I and Apidos CDO III are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax. For the period January 24, 2012 and ending December 31, 2012 the earnings from Apidos CDO I are included in RSO's calculation of REIT taxable income.
							On December 11, 2012, RSO reorganized the ownership structure of Apidos CDO III.  As a result, for the period from January 24, 2012 through December 10, 2012 the earnings from Apidos CDO III are included in RSO's calculation of REIT taxable income.  Also as a result of the reorganization on December 11, 2012, for the period December 11, 2012 and ending December 31, 2012, the earnings from Apidos CDO III are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax.
Derivatives, at fair value	14,078			12,000			On November 12, 2012, RSO reorganized the ownership structure of Apidos Cinco CDO and Whitney CLO I.  As a result, for the period November 12, 2012 and ending December 31, 2012, the earnings from Apidos Cinco CDO and Whitney CLO I are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax. Accordingly, a provision for income taxes on the earnings from November 12, 2012 through December 31, 2012 has been recorded.
							Linked Transactions
Accounts payable and other liabilities	698			442			If RSO finances the purchase of securities with repurchase agreements with the same counterparty from whom the securities are purchased and both transactions are entered into contemporaneously or in contemplation of each other, the transactions are presumed not to meet sale accounting criteria and RSO will account for the purchase of such securities and the repurchase agreement on a net basis and record a forward purchase commitment to purchase securities (each, a “Linked Transaction”) at fair value on RSO's consolidated balance sheet in the line item Linked Transactions, at fair value. Changes in the fair value of the assets and liabilities underlying the Linked Transactions and associated interest income and expense are reported as unrealized gain and net interest income on linked transactions, net on RSO's consolidated statement of operations.
							Variable Interest Entities - RSO
Total liabilities of consolidated VIEs	$	1,632,324		$	1,705,023		RSO has evaluated its securities, loans, investments in unconsolidated entities, liabilities to subsidiary trusts issuing preferred securities (consisting of unsecured junior subordinated notes) and its CDOs in order to determine if they qualify as VIEs. RSO monitors these investments and, to the extent it has determined that it owns a material investment in the current controlling class of securities of a particular entity, analyzes the entity for potential consolidation. RSO will continually analyze investments and liabilities, including when there is a reconsideration event, to determine whether such investments or liabilities are VIEs and whether such VIE should be consolidated. These analysis require considerable judgment in determining the primary beneficiary of a VIE and could result in the consolidation of an entity that would otherwise not have been consolidated or the non-consolidation of an entity that would have otherwise been consolidated.
							Consolidated VIEs (RSO is the primary beneficiary)
The following table presents detail of noncontrolling interests attributable to RSO:							Based on management’s analysis, RSO is the primary beneficiary of seven VIEs: Apidos CDO I, Apidos CDO III, Apidos Cinco CDO, Apidos CLO VIII, RREF CDO 2006-1, RREF CDO 2007-1 and Whitney CLO I. In performing the primary beneficiary analysis for six of these VIEs (other than Whitney CLO I, which is discussed below), it was determined that the persons that have the power to direct the activities that are most significant to each of these VIEs and RSO who has the right to receive benefits and the obligation to absorb losses that could potentially be significant to these VIEs, are a related party group. It was then determined that RSO was the party within that group that is more closely associated to each such VIE because of its preferred equity (and in some cases debt) interest in them.
							These CDO and CLO entities were formed on behalf of RSO to invest in real estate-related securities, CMBS, property available-for-sale, bank loans and asset-backed securities and were financed by the issuance of debt securities. The manager manages these entities on behalf of RSO. By financing these assets with long-term borrowings through the issuance of CDO and CLO bonds, RSO seeks to generate attractive risk-adjusted equity returns and to match the term of its assets and liabilities. The primary beneficiary determination for each of these VIEs was made at each VIE’s inception.
							Whitney CLO I, the seventh entity, is one in which RSO acquired the rights to manage the assets held by the entity as collateral for its CLOs in February 2011. For a discussion on the primary beneficiary analysis for Whitney, see “- Unconsolidated VIEs (RSO is not the primary beneficiary, but has a variable interest) - Resource Capital Asset Management,” below. For a discussion of RSO’s CDOs and CLOs, see “Borrowings” below.
	December 31,						For CLOs in which RSO does not own 100% of the subordinated notes, RSO imputes an interest rate using expected cash flows over the life of the CLO and records the third party's share of the cash flows as interest expense on the consolidated statement of income.
	2012			2011			RSO has exposure to CDO and CLO losses to the extent of its subordinated debt and preferred equity interests in them. RSO is entitled to receive payments of principal and interest on the debt securities it holds and, to the extent revenues exceed debt service requirements and other expenses of the CDO or CLO, distributions with respect to its preferred equity interests. As a result of consolidation, debt and equity interests RSO holds in these CDOs and CLOs have been eliminated, and RSO’s consolidated balance sheet reflects both the assets held and debt issued by the CDOs and CLOs to third parties and any accrued expense to third parties. RSO's operating results and cash flows include the gross amounts related to CDO and CLO assets and liabilities as opposed to RSO's net economic interests in the CDO and CLO entities.
Total stockholders equity per RSO balance sheet	$	613,345		$	429,690		The creditors of RSO’s seven consolidated VIEs have no recourse to the general credit of RSO. However, in its capacity as manager, RSO has voluntarily supported two credits in one of its commercial real estate CDOs as the credits went through a restructuring in order to maximize their future cash flows. For the years ended December 31, 2012 and 2011, RSO has provided financial support of $156,000 and $710,000, respectively. RSO has provided no other financial support to any other of its VIEs nor does it have any requirement to do so, although it may choose to do so in the future to maximize future cash flows on such investments by RSO. There are no explicit arrangements or implicit variable interests that obligate RSO to provide financial support to any of its consolidated VIEs, although RSO may choose to do so in the future.
							The following table shows the classification and carrying value of assets and liabilities of consolidated VIEs as of December 31, 2012 (in thousands):
Eliminations	(31,895		)	(31,313		)
Noncontrolling interests attributable to RSO	$	581,450		$	398,377
								Apidos I				Apidos				Apidos				Apidos			Whitney CLO I			RREF			RREF		Total
												III				Cinco				VIII						2006			2007
							ASSETS
RSO Cash Flow Detail (in thousands)							Restricted cash (1)	$	30,799			$	12,956			$	22,669			$	11,027		$	11,800		$	20		$	837	$	90,108
	Years Ended
	December 31,						Investment securities	8,333				6,902				11,316				501			33,700			10,796			64,018		135,566
	2012			2011			available-for-sale, pledged as
CASH FLOWS FROM OPERATING ACTIVITIES:							collateral, at fair value
Net income	$	64,443		$	37,716		Loans, pledged as collateral	177,385				209,561				306,196				329,467			146,106			226,716			283,288		1,678,719
Items included in "Change in cash attributable to consolidated VIE - RSO":							Loans held for sale	2,671				2,770				3,657				5,796			—			—			—		14,894
Provision for loan losses	16,818			13,896
							Interest receivable	(12		)		720				1,050				737			404			1,153			1,934		5,986
Depreciation of investments in real estate and other	1,838			729
							Prepaid assets	50				25				30				69			18			78			58		328
Amortization of intangible assets	4,047			3,890
							Principal receivable	—				—				—				—			—			6,320			19,250		25,570
Amortization of term facilities	957			570
							Other assets	—				—				—				—			—			63			270		333
Accretion of net discounts on loans held for investment	(17,817		)	(15,588		)
Accretion of net discounts on securities available-for-sale	(3,177		)	(3,698		)	Total assets (2)	$	219,226			$	232,934			$	344,918			$	347,597		$	192,028		$	245,146		$	369,655	$	1,951,504
Amortization of discount on notes of CDOs	2,470			274
Amortization of debt issuance costs on notes of CDOs	4,700			3,341			LIABILITIES
							Borrowings	$	202,968			$	221,304			$	320,550			$	320,998		$	177,415		$	145,664		$	225,983	$	1,614,882
Amortization of stock-based compensation	4,636			2,526
							Accrued interest expense	380				94				343				1,427			266			50			106		2,666
Amortization of terminated derivative instruments	227			227
							Derivatives, at fair value	—				—				—				—			—			1,939			12,139		14,078
Accretion of interest-only available-for-sales securities	(719		)	—
							Accounts payable and	142				16				30				395			92			22			1		698
Deferred income tax benefits	2,329			(399		)	other liabilities
							Total liabilities	$	203,490			$	221,414			$	320,923			$	322,820		$	177,773		$	147,675		$	238,229	$	1,632,324
Purchase of securities, trading	(8,348		)	(38,904		)
Principal payments on securities, trading	1,027			643
Proceeds from sales of securities, trading	33,579			18,131
Net realized and unrealized gain on investment securities, trading	(12,435		)	(837		)	-1	Includes $27.5 million available for reinvestment in certain of the CDOs.
Net realized gains on investments	(4,106		)	(2,643		)
Gain on early extinguishment of debt	(16,699		)	(3,875		)	-2	Assets of each of the consolidated VIEs may only be used to settle the obligations of each respective VIE.
Net impairment losses recognized in earnings	180			6,898			Unconsolidated VIEs (RSO is not the primary beneficiary, but has a variable interest)
							Based on management’s analysis, RSO is not the primary beneficiary of the VIEs discussed below since it does not have both (i) the power to direct the activities that most significantly impact the VIE’s economic performance and (ii) the obligation to absorb the losses of the VIE or the right to receive the benefits from the VIE, which could be significant to the VIE. Accordingly, the following VIEs are not consolidated in RSO’s financial statements as of December 31, 2012. RSO’s maximum exposure to risk for each of these unconsolidated VIEs is set forth in the “Maximum Risk Exposure,” column in the table below.
Gain on consolidation	(2,498		)	—			LEAF Commercial Capital, Inc.
							In the November 16, 2011 formation of LEAF, in exchange for its prior interests in its lease related investments, RSO received 31,341 shares of Series A Preferred Stock, 4,872 shares of newly issued 8% Series B Redeemable Preferred Stock and 2,364 shares of newly issued Series D Redeemable Preferred Stock, collectively representing, on a fully-diluted basis assuming conversion, a 26.7% interest in LEAF. Several approaches were used, including discounted expected cash flows, market approach and comparable sales transactions to estimate the fair value of its investment in LEAF as a result of the transaction. These approaches required assumptions and estimates of many critical factors, including revenue and market growth, operating cash flows, market multiples, and discount rates, which were based on the current economic environment and credit market conditions. RSO’s investment in LEAF was valued at $33.1 million based on a third-party valuation.
Linked Transactions fair value adjustments	(168		)	—			RSO determined that it is not the primary beneficiary of LEAF because it does not participate in any management or portfolio decisions, holds only two of six board positions, and only controls 26.7% of the voting rights in the entity. Furthermore, a third-party investor holds consent rights with respect to significant LEAF actions, including incurrence of indebtedness, consummation of a sale of the entity, liquidation or initiating a public offering.
							In connection with this transaction, RSO and the Company have undertaken a contingent obligation with respect to the value of the equity on the balance sheet of LEAF Receivables Funding 3, a wholly-owned subsidiary of LEAF which owns equipment, equipment leases and notes. LEAF Receivables Funding 3 was included in the assets contributed to LEAF by RSO. As part of the SPA, RSO and the Company agreed that, to the extent the value of the equity on the balance sheet of LEAF Receivables Funding 3 is less than approximately $18.7 million (the value of the equity of LEAF Receivables Funding 3 on the date it was contributed to LEAF by RSO), as of the final testing date, which must be within 90 days following December 31, 2013, they will be jointly and severally obligated to contribute cash to LEAF to make up the deficit. RSO does not believe it is probable that it will be required to fund LEAF in accordance with the SPA based on projected operating results because LEAF Receivables Funding 3 is currently profitable and is expected to be profitable through the year ended December 31, 2013.
Equity in losses (earnings) of unconsolidated subsidiaries	2,709			(112		)	Unsecured Junior Subordinated Debentures
							RSO has a 100% interest in the common shares of Resource Capital Trust I (“RCT I”) and RCC Trust II (“RCT II”), valued at $1.5 million in the aggregate (or 3% of each trust). RCT I and RCT II were formed for the purposes of providing debt financing to RSO, as described below. RSO completed a qualitative analysis to determine whether or not it is the primary beneficiary of each of the trusts and determined that it was not the primary beneficiary of either trust because it does not have the power to direct the activities most significant to the trusts, which include the collection of principal and interest and protection of collateral through servicing rights. Accordingly, neither trust is consolidated into RSO’s consolidated financial statements.
Minority Interest Equity	114			—			RSO records its investments in RCT I and RCT II’s common shares as investments in unconsolidated trusts using the cost method and records dividend income when declared by RCT I and RCT II. The trusts each hold subordinated debentures for which RSO is the obligor in the amount of $25.8 million for RCT I and $25.8 million for RCT II. The debentures were funded by the issuance of trust preferred securities of RCT I and RCT II. RSO will continuously reassess whether it should be deemed to be the primary beneficiary of the trusts.
							Resource Capital Asset Management CDOs
Adjust for impact of imputed interest on VIE accounting	1,879			—			In February 2011, RSO purchased a company that manages $1.9 billion of bank loan assets through five CLOs. As a result, RSO is entitled to collect senior, subordinated and incentive management fees from these CLOs. The purchase price of $22.5 million resulted in an intangible asset that was allocated to each of the five CLOs and is amortized over the expected life of each CLO. The unamortized balance of the intangible asset was $13.1 million and $19.0 million at December 31, 2012 and 2011, respectively. RSO recognized fee income of $7.0 million and $7.8 million for the years ended December 31, 2012 and 2011, respectively. With respect to four of these CLOs, RSO determined that it does not hold a controlling interest and, therefore, is not the primary beneficiary. With respect to the fifth CLO, Whitney CLO I, in October 2012, RSO purchased 66.6% of its preferred equity, which was determined to be a reconsideration event. Based upon that purchase, RSO determined that it does have an obligation to absorb losses and/or the right to receive benefits that could potentially be significant to Whitney CLO I and that a related party has the power to direct the activities that are most significant to the VIE. As a result, together RSO has both the power to direct and the right to receive benefits and the obligation to absorb losses. It was then determined that, as between RSO and the related party, RSO was the party within that group that is more closely associated with Whitney CLO I because of its preferred equity interest in Whitney CLO I. RSO, therefore, consolidated Whitney CLO I as discussed above in “- Consolidated VIEs (RSO is the primary beneficiary)”.
							Real Estate Joint Ventures
Changes in operating assets and liabilities							On December 1, 2009, RSO purchased a membership interest in RRE VIP Borrower, LLC (a VIE that holds interests in a real estate joint venture) from the Company. This joint venture, which is structured as a credit facility with Värde Investment Partners, LP acting as lender, finances the acquisition of distressed properties and mortgage loans and has the objective of repositioning both the directly-owned properties and the properties underlying the mortgage loans to enhance their value. RSO acquired the membership interests for $2.1 million. The joint venture agreement requires RSO to contribute 3% to 5% (depending on the terms of the agreement pursuant to which the particular asset is being acquired) of the total funding required for each asset acquisition as needed up to a specified amount. RSO provided funding of $591,000 and $1.9 million for these investments for the years ended December 31, 2012 and 2011, respectively. Resource Real Estate Management, LLC (“RREM”), an indirect subsidiary of the Company, acts as asset manager of the venture and receives a monthly asset management fee. RSO’s investment in RRE VIP Borrower, LLC at December 31, 2012 and 2011 was $2.3 million and $3.6 million, respectively. Using the equity method of accounting, RSO recognized equity in earnings related to this investment of $683,000 and $112,000 for the years ended December 31, 2012 and 2011, respectively.
Decrease in restricted cash	(2,062		)	(5,628		)	On June 19, 2012, RSO entered into a second joint venture with Värde Investment Partners, LP acting as lender, to purchase two condominium developments. RSO purchased a 7.5% equity interest in the venture. RSO may be subject to a capital call based on its pro rata share of equity interest in the venture up to the earlier of the end of the investment period, ending in May 2015, or the date the aggregate of all capital contributions exceeds $500 million. RREM was appointed as the asset manager of the venture to perform lease review and approval, debt service collection, loan workout, foreclosure, disposition and permitting, as applicable. RREM is also responsible for engaging third parties to perform day-to-day property management, property leasing, rent collection, maintenance, and capital improvements. RSO’s investment in Värde Investment Partners, LP at December 31, 2012 was $526,000. Using the equity method of accounting, RSO recognized equity in losses related to this investment of $135,000 for the year ended December 31, 2012.
Decrease in interest receivable, net of purchased interest	987			(2,513		)	RSO has determined that it does not have the power to direct the activities that most significantly impact the economic performance of each of these ventures, which include asset underwriting and acquisition, lease review and approval, and loan asset servicing, and, therefore, RSO is not the primary beneficiary of either.
							The following table shows the classification, carrying value and maximum exposure to loss with respect to RSO’s unconsolidated VIEs as of December 31, 2012 (in thousands):
Increase in subscriptions receivable	(1,248		)	—
Increase in principal paydowns receivable	(25,465		)	363				Unconsolidated Variable Interest Entities
								LEAF Commercial Capital, Inc.				Unsecured Junior Subordinated Debentures				Resource Capital Asset Management CDOs				RRE VIP Borrower, LLC			Värde Investment Partners, LP			Total			Maximum Exposure to Loss (1)
Increase in management fee payable	3,929			974
							Investment in unconsolidated entities	$	33,071			$	1,548			$	—			$	2,264		$	526		$	37,409		37,409
Increase in security deposits	25			80
							Intangible assets	—				—				13,105				—			—			13,105			13,105
Increase in accounts payable and accrued liabilities	7,573			15,370
							Total assets	33,071				1,548				13,105				2,264			526			50,514
Decrease in accrued interest expense	(193		)	1,696
Increase in other assets	(20,003		)	(520		)	Borrowings	—				50,814				—				—			—			50,814			N/A
Subtotal -consolidated VIE - RSO operating activity	(24,914		)	(5,109		)
Change in consolidated VIE - RSO cash for the period	(42,162		)	(13,628		)	Total liabilities	—				50,814				—				—			—			50,814			N/A
Subtotal- Change in cash attributable to consolidated VIE - RSO before eliminations	(67,076		)	(18,737		)
Elimination of intercompany activity	1,850			2,572
							Net asset (liability)	$	33,071			$	(49,266	)		13,105				2,264			526			$	(300	)	N/A
Subtotal- Change in cash attributable to consolidated VIE - RSO	(65,226		)	(16,165		)
Non-cash incentive compensation to RAI	1,468			430
Elimination of intercompany activity	(1,468		)	(430		)
Non-cash incentive compensation to RAI, after eliminations	—			—			-1	RSO's maximum exposure to loss at December 31, 2012 does not exceed the carrying amount of its investment, subject to the LEAF Receivables Funding 3's contingent obligation as described above.
							Other than the contingent liability arrangement described above in connection with LEAF and the commitments to fund its real estate joint ventures, there were no explicit arrangements or implicit variable interests that could require RSO to provide financial support to any of its unconsolidated VIEs.
							Supplemental cash flow information - RSO
Net cash provided by operating activities (excluding eliminations)	40,997			33,037			Supplemental disclosure of cash flow information (in thousands):
								Year Ended
RSO Consolidated Statements of Cash Flows (in thousands)								December 31,
	Years Ended							2012				2011
	December 31,						Non-cash investing activities include the following:
	2012			2011			Acquisition of real estate investments	$	(21,661	)		$	(33,073	)
CASH FLOWS FROM INVESTING ACTIVITIES:							Conversion of loans to investment in real estate	$	21,661			$	34,550
Purchase of loans	(649,983		)	(970,309		)	Net purchase of loans on warehouse line	$	—			$	(52,735	)
Purchase of securities available-for-sale	(119,779		)	(117,044		)
							Acquisition of loans, pledged as collateral	$	(230,152	)		$	—
Subtotal - Purchase of loans and securities by consolidated VIE - RSO, before eliminations	(769,762		)	(1,087,353		)
Eliminations	—			15,221
							Non-cash financing activities include the following:
Subtotal - Purchase of loans and securities by consolidated VIE - RSO	(769,762		)	(1,072,132		)
							Distributions on common stock declared but not paid	$	21,024			$	19,979
Principal payments received on loans	570,276			424,600
							Distribution on preferred stock declared but not paid	$	1,244			$	—
Proceeds from sale of loans	173,378			212,042
							Issuance of restricted stock	$	2,189			$	1,203
Principal payments on securities available-for-sale	47,284			11,810
							Subscription receivable	$	1,248			$	—
Proceeds from sale of securities available-for-sale	28,652			13,747
							Assumption of collateralized debt obligations	$	206,408			$	—
Proceeds from sale of real estate held-for-sale	2,886			1,464
							Acquisition of loans on warehouse line	$	—			$	52,735
Subtotal - principal payments and proceeds from sales received by consolidated VIE - RSO, before eliminations	822,476			663,663
							Investment securities - Trading - RSO
							The following table summarizes RSO's structured notes and residential mortgage-backed securities (“RMBS”) which are classified as investment securities, trading and carried at fair value (in thousands):
Decrease (increase) in restricted cash	50,756			31,014
								Amortized Cost				Unrealized Gains				Unrealized Losses				Fair Value
Items included in "Other -VIE, investing activity":							December 31, 2012
Investment in unconsolidated entity	474			(4,762		)	Structured notes	$	9,413			$	10,894			$	(1,028	)		$	19,279
Equity contribution to VIE	(710		)	—			RMBS	6,047				858				(1,341		)		5,564
Improvement of  real estate held-for-sale	(138		)	—			Total	$	15,460			$	11,752			$	(2,369	)		$	24,843
Purchase of investments in real estate	—			(19,299		)
							December 31, 2011
Distributions from investments in real estate	1,152			—
							Structured notes	$	27,345			$	6,098			$	(1,890	)		$	31,553
Improvements in investments in real estate	(3,878		)	—
							RMBS	8,729				100				(1,709		)		7,120
Purchase of intangible asset	—			(21,213		)
							Total	$	36,074			$	6,198			$	(3,599	)		$	38,673
Investment in loans - related parties	—			(10,000		)
							RSO purchased two securities and sold fifteen securities during the year ended December 31, 2012, for a net gain of $5.5 million.  RSO also had one position liquidate during the year ended December 31, 2012 which resulted in a gain of $224,000.  RSO held thirteen investment securities, trading as of December 31, 2012. RSO purchased 27 securities and sold 11 securities during the year ended December 31, 2011, for a realized gain of $8.0 million. RSO held 27 investments securities, trading as of December 31, 2011.
Principal payments received on loans – related parties	1,251			10,430			Investment securities available-for-sale - RSO
							RSO pledges a portion of its CMBS as collateral against its borrowings under repurchase agreements and derivatives. CMBS that are accounted for as components of Linked Transactions are not reflected in the tables set forth in this note, as they are accounted for as derivatives.
Investments in real estate assets	—			(689		)	The following table summarizes RSO's investment securities, including those pledged as collateral and classified as available-for-sale, which are carried at fair value (in thousands):
Subtotal - Other consolidated VIE - investing activity, before eliminations	(1,849		)	(45,533		)
Eliminations	(76		)	—				Amortized				Unrealized Gains				Unrealized Losses				Fair Value
								Cost (1)
Subtotal - Other consolidated VIE - investing activity	(1,925		)	(45,533		)	December 31, 2012:
							CMBS	$	182,828			$	4,626			$	(16,639	)		$	170,815
Net cash provided by (used in) investing activities (excluding eliminations)	101,621			(438,209		)
							ABS	26,479				1,700				(1,127		)		27,052
							Corporate Bonds	33,767				111				(178		)		33,700
							Other asset-backed	—				23				—				23
							Total	$	243,074			$	6,460			$	(17,944	)		$	231,590
							December 31, 2011:
							CMBS	$	144,334			$	1,129			$	(29,821	)		$	115,642
							ABS	28,513				215				(3,527		)		25,201
							Other asset-backed	—				23				—				23
							Total	$	172,847			$	1,367			$	(33,348	)		$	140,866
	Years Ended
	December 31,						-1	As of December 31, 2012 and 2011, $195.2 million and $136.2 million, respectively, of securities were pledged as collateral security under related financings.
	2012			2011			The following table summarizes the estimated maturities of RSO’s CMBS, ABS and corporate bonds according to their estimated weighted average life classifications (in thousands, except percentages):
CASH FLOWS FROM FINANCING ACTIVITIES:
Items included in "Net borrowings (repayments) of debt by consolidated VIE - RSO"
Proceeds from borrowings:							Weighted Average Life	Fair Value				Amortized Cost				Weighted Average Coupon
							December 31, 2012:
Repurchase agreements	71,121			55,852			Less than one year	$	42,618		(1)	$	46,522			4.09	%
Collateralized debt obligations	—			323,244			Greater than one year and less than five years	122,509				131,076				4.55	%
Mortgage payable	—			13,600			Greater than five years and less than ten years	61,780				60,801				3.31	%
Payments on borrowings:							Greater than ten years	4,683				4,675				4.03	%
Collateralized debt obligations	(257,905		)	(28,542		)
Repurchase of issued bonds	—			(6,125		)	Total	$	231,590			$	243,074			4.12	%
Retirement of debt	(20,365		)	—
							December 31, 2011:
Subtotal - net (repayments) borrowings of debt by consolidated VIE - RSO	(207,149		)	358,029
							Less than one year	$	44,583		(2)	$	48,934			4.45	%
Distributions paid on common stock	(74,050		)	(69,869		)	Greater than one year and less than five years	68,751				91,199				4.62	%
Elimination of dividends paid to RAI	2,174			2,455
							Greater than five years and less than ten years	25,596				29,527				3.52	%
Distributionx paid on common stock, after elimination	(71,876		)	(67,414		)
							Greater than ten years	1,936				3,187				3.84	%
Net proceeds from issuances of common stock (net of offering costs of $2,165 and $1,263)	55,502			46,347
							Total	$	140,866			$	172,847			4.36	%
Net proceeds from dividend reinvestment and stock purchase plan (net of offering costs of $19 and $11)	73,044			83,564
Proceeds from issuance of 8.5% Series A redeemable	16,411			—
preferred shares (net of offering costs of $781 and $0)
Proceeds from issuance of 8.25% Series B redeemable	26,099			—
preferred shares (net of offering costs of $1,201 and $0)							-1	RSO expects that the maturity date of these CMBS will either be extended or the CMBS will be paid in full.
Subtotal - net proceeds from issuance of stock by consolidated VIE	171,056			129,911
							-2	CMBS of $6.7 million maturing in this category are collateralized by floating-rate loans and, as permitted under the CMBS terms, are expected to extend their maturities, because, beyond their contractual extensions which expired or will expire this year, the servicer may allow further extensions of the underlying floating rate loans.  RSO expects that the remaining $37.9 million of CMBS will either have their maturity date extended or be paid in full. ABS of $950,000 maturing in this category were subsequently extended until March 2018.
							The contractual maturities of the CMBS investment securities available-for-sale range from November 2013 to April 2027.  The contractual maturities of the ABS investment securities available-for-sale range from October 2015 to September 2022. The contractual maturities of the corporate bond investment securities available-for-sale range from May 2014 to February 2022 .
Payment of debt issuance costs	(586		)	(6,385		)	The following table shows the fair value and gross unrealized losses, aggregated by investment category and length of time, of those individual investment securities available-for-sale that have been in a continuous unrealized loss position during the periods specified (in thousands):
Payment of equity to third party sub-note holders	(3,480		)	—
Distributions paid on preferred stock	(613		)	—				Less than 12 Months								More than 12 Months							Total
								Fair Value				Gross Unrealized Losses				Fair Value				Gross Unrealized Losses			Fair Value			Gross Unrealized Losses
Proceeds from CDO retained notes	14,366			7,114			December 31, 2012:
							CMBS	$	25,803			$	(442	)		$	38,734			$	(16,197	)	$	64,537		$	(16,639	)
Subtotal - Other consolidated VIE -RSO financing activity	9,687			729
							ABS	501				(12		)		5,961				(1,115		)	6,462			(1,127		)
Net cash (used in) provided by financing activities (excluding eliminations)	$	(100,456	)	$	418,800
							Corporate Bonds	18,944				(178		)		—				—			18,944			(178		)
NET (DECREASE) INCREASE IN CASH	42,162			13,628
AND CASH EQUIVALENTS							Total temporarily impaired securities	$	45,248			$	(632	)		$	44,695			$	(17,312	)	$	89,943		$	(17,944	)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	43,116			29,488
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	85,278		$	43,116		December 31, 2011:
SUPPLEMENTAL DISCLOSURE:							CMBS	$	88,726			$	(17,033	)		$	8,281			$	(12,788	)	$	97,007		$	(29,821	)
Interest expense paid in cash	$	41,369		$	32,596		ABS	13,583				(935		)		4,473				(2,592		)	18,056			(3,527		)
							Total temporarily impaired securities	$	102,309			$	(17,968	)		$	12,754			$	(15,380	)	$	115,063		$	(33,348	)
							RSO held 19 and eight CMBS investment securities available-for-sale that have been in a loss position for more than 12 months as of December 31, 2012 and 2011, respectively.  RSO held nine and seven ABS investment securities available-for-sale that have been in a loss position for more than 12 months as of December 31, 2012 and 2011, respectively.  RSO had no corporate bond investment securities available-for-sale that have been in a loss position for more than 12 months as of December 31, 2012 and 2011. The unrealized losses in the above table are considered to be temporary impairments due to market factors and are not reflective of credit deterioration.
							The determination of other-than-temporary impairment is a subjective process, and different judgments and assumptions could affect the timing of loss realization.  RSO reviews its portfolios and makes other-than-temporary impairment determinations at least quarterly.  RSO considers the following factors when determining if there is an other-than-temporary impairment on a security:
							•	the length of time the market value has been less than amortized cost;
							•	the severity of the impairment;
							•	the expected loss of the security as generated by a third-party valuation model;
							•	original and current credit ratings from the rating agencies;
							•	underlying credit fundamentals of the collateral backing the securities;
							•	whether, based upon RSO’s intent, it is more likely than not that RSO will sell the security before the recovery of the amortized cost basis; and
							•	third-party support for default, for recovery, prepayment speed and reinvestment price assumptions.
							At December 31, 2012 and 2011, RSO held $170.8 million and $115.6 million, respectively, (net of net unrealized losses of $12.0 million and $28.7 million, respectively), of CMBS recorded at fair value.  To determine fair value, RSO uses dealer quotes which are either provided by RSO's trade or financing counterparties.  As of December 31, 2012 and 2011, $170.8 million and $106.7 million, respectively, of investment securities available-for-sale were valued using dealer quotes and $0 and $8.9 million, respectively, were valued using an internal valuation model.
							At December 31, 2012 and 2011, RSO held $27.1 million and $25.2 million, respectively, (net of net unrealized losses of $574,000 and $3.3 million), of ABS recorded at fair value.  To determine their fair value, RSO uses dealer quotes.
							At December 31, 2012 , RSO held $33.7 million (net of net unrealized losses of $67,000), of corporate bonds recorded at fair value. RSO held no corporate bonds as of December 31, 2011.  To determine their fair value, RSO uses dealer quotes.
							RSO’s securities classified as available-for-sale have increased in fair value on a net basis as of December 31, 2012 as compared to December 31, 2011, primarily due to improving dealer marks and new purchases in 2012. RSO performs an on-going review of third-party reports and updated financial data on the underlying properties in order to analyze current and projected security performance.  Rating agency downgrades are considered with respect to RSO’s income approach when determining other-than-than temporary impairment and, when inputs are subjected to testing for economic changes within possible ranges, the resulting projected cash flows reflect a full recovery of principal and interest indicating no impairment.
							RSO did not recognize any other-than-temporary impairment during the year ended December 31, 2012. During the year ended December 31, 2011, RSO recognized a $4.6 million other-than-temporary impairment on one fixed rate position that supported RSO's CMBS investments bringing the fair value to $48,000.
							During the year ended December 31, 2012, RSO sold seven CMBS positions with a total par of $31.0 million, and recognized a net gain of $1.4 million. During the year ended December 31, 2011, RSO sold three CMBS positions with a total par of $15.0 million and recognized a gain of $3.5 million.
							During the year ended December 31, 2012, RSO sold five ABS positions with a total par of $4.3 million, and recognized a gain of $147,000. During the year ended December 31, 2011, RSO sold six ABS positions with a total par of $8.1 million and recognized a loss of $2.4 million.
							During the year ended December 31, 2012, RSO sold one corporate bond position with a total par of $2.25 million, and recognized a gain of $27,000. During the year ended December 31, 2012, RSO had two corporate bond positions redeemed with a total par of $2.1 million, and recognized a gain of $13,000. RSO held no corporate bonds as of December 31, 2011.
							Changes in interest rates may also have an effect on the rate of mortgage principal prepayments and, as a result, prepayments on CMBS in RSO’s investment portfolio.  At December 31, 2012 and 2011, the aggregate discount due to interest rate changes exceeded the aggregate premium on RSO’s CMBS by approximately $8.0 million and $13.4 million, respectively.  At December 31, 2012 and 2011, the aggregate discount on RSO’s ABS portfolio was $3.1 million and $3.8 million respectively.  There were no premiums on RSO’s ABS investment portfolio at December 31, 2012 and 2011. At December 31, 2012, the aggregate premium on RSO’s corporate bond portfolio was $604,000.
							Investments real estate - RSO
									As of December 31, 2012						As of December 31, 2011
									Book Value				Number of Properties		Book Value				Number of Properties
							Multi-family property		$	42,179			2		$	38,577			2
							Office property		10,149				1		10,149				1
							Hotel property		25,608				1		—				—
							Subtotal		77,936						48,726
							Less:  Accumulated depreciation		(2,550		)				(699		)
							Investments in real estate		$	75,386					$	48,027
							No impairment charges were recorded on RSO's investment in real estate during the years ended December 31, 2012 and 2011.
							Acquisitions
							During the year ended December 31, 2012, RSO foreclosed on one self-originated loan and converted it to an investment in real estate. During the year ended December 31, 2011, RSO converted two loans it had originated to investments in real estate and acquired one real estate asset, summarized as follows:
							•	On September 6, 2012, RSO foreclosed on a self-originated loan and converted the loan to equity with a fair value of $25.5 million at acquisition. The loan was collateralized by a 179 unit hotel property in Coconut Grove, Florida. The property had a hotel occupancy rate of 75% at acquisition.
							•	On August 1, 2011, RSO, through its subsidiary RCC Real Estate, purchased Whispertree Apartments, a 504 multi-family property located in Houston, Texas, for $18.1 million, the fair value.  The property was 95% occupied at acquisition.  In conjunction with the purchase of this property, RSO entered into a mortgage in the amount of $13.6 million.
							•	On June 24, 2011, RSO converted a self-originated loan to equity with a fair value of $10.7 million at acquisition.  The loan was collateralized by an office building in Pacific Palisades, California.  The property was 60% occupied at acquisition.
							•	On June 14, 2011, RSO converted a self-originated loan to equity with a fair value of $22.4 million at acquisition.  The loan was collateralized by a 400 unit multi-family property in Memphis, Tennessee.  The property was 93.8% occupied at acquisition.
							The following table is a summary of the aggregate estimated fair value of the assets and liabilities acquired on the respective date of acquisition (in thousands):
									December 31,
							Description		2012				2011
							Assets acquired:
							Investments in real estate		$	25,500			$	48,683
							Cash and cash equivalents		—				177
							Restricted cash		—				2,360
							Intangible assets		—				2,490
							Other assets		(89		)		391
							Total assets acquired		25,411				54,101
							Liabilities assumed:
							Accounts payable and other liabilities		3,750				673
							Total liabilities assumed		3,750				673
							Estimated fair value of net assets acquired		$	21,661			$	53,428
							RSO has not yet completed the process of estimating the fair value of assets acquired and liabilities assumed on the new investment in real estate acquired during the year ended December 31, 2012. Accordingly, RSO's preliminary estimates and the allocation of the purchase price to the assets acquired and liabilities assumed may change as RSO completes the process. In accordance with FASB ASC Topic 805, changes, if any, to the preliminary estimates and allocation will be reported in the consolidated financial statements retrospectively.
							During the third quarter of 2011, RSO accounted for the acquisition of The Heights (formerly Whispertree Apartments) as a business combination in accordance with FASB ASC Topic 805.  In the fourth quarter of 2011, RSO obtained the final appraisal of the property.  Based on the final appraisal, RSO adjusted the value of the land and the value of the building by $3.9 million, respectively, as of the acquisition date.  Accordingly, these adjustments were recognized and are reflected in the consolidated financial statements as of December 31, 2012 and 2011.
							The following unaudited pro forma information, after including the acquisition of real properties, is presented below as if the acquisitions occurred on January 1, 2011. The pro forma results are not necessarily indicative of the results which actually would have occurred if the acquisition had occurred on the first day of the periods presented, nor is it indicative of RSO's future results (in thousands):
									Years Ended
									December 31,
							Description		2012				2011
							Total revenue, as reported		$	123,698			$	95,986
							Pro forma revenue		$	131,028			$	111,263
							Net income, reported		$	63,199			$	37,716
							Pro forma net income		$	63,503			$	37,535
							Earnings per share - basic, reported		$	0.71			$	0.54
							Earnings per share per - diluted, reported		$	0.71			$	0.53
							Pro forma earnings per share - basic		$	0.72			$	0.53
							Pro forma earnings per share - diluted		$	0.71			$	0.53
							These amounts have been calculated after adjusting the results of the acquired properties to reflect the additional depreciation and amortization that would have been charged assuming the fair value adjustments to RSO's investments in real estate had been applied from January 1, 2011.
							Loans held for investments - RSO
							The following is a summary of RSO’s loans (in thousands):
							Loan Description		Principal				Unamortized (Discount) Premium (1)				Carrying Value (2)
							31-Dec-12
							Bank loans (3)		$	1,218,563			$	(25,249	)		$	1,193,314
							Commercial real estate loans:
							Whole loans (4)		569,829				(1,891		)		567,938
							B notes		16,441				(114		)		16,327
							Mezzanine loans		82,992				(206		)		82,786
							Total commercial real estate loans		669,262				(2,211		)		667,051
							Subtotal loans before allowances		1,887,825				(27,460		)		1,860,365
							Allowance for loan loss		(17,691		)		—				(17,691		)
							Total		$	1,870,134			$	(27,460	)		$	1,842,674
							December 31, 2011:
							Bank loans (3)		$	1,205,826			$	(32,073	)		$	1,173,753
							Commercial real estate loans:
							Whole loans		545,828				(1,155		)		544,673
							B notes		16,579				(144		)		16,435
							Mezzanine loans		67,842				32				67,874
							Total commercial real estate loans		630,249				(1,267		)		628,982
							Subtotal loans before allowances		1,836,075				(33,340		)		1,802,735
							Allowance for loan loss		(27,518		)		—				(27,518		)
							Total		$	1,808,557			$	(33,340	)		$	1,775,217
							-1	Amounts include deferred amendment fees of $450,000 and $286,000 and deferred upfront fees of $334,000 and $0 being amortized over the life of the bank loans as of December 31, 2012 and 2011, respectively.  Amounts include loan origination fees of $1.9 million and $984,000 and loan extension fees of $214,000 and $123,000 being amortized over the life of the commercial real estate loans as of December 31, 2012 and 2011, respectively.
							-2	Substantially all loans are pledged as collateral under various borrowings at December 31, 2012 and 2011, respectively.
							-3	Amounts include $14.9 million and $3.2 million of bank loans held for sale at December 31, 2012 and 2011, respectively.
							-4	Amount includes $34.0 million from two whole loans which are classified as loans held for sale at December 31, 2012.
							At December 31, 2012 and 2011, approximately 47.7% and 41.9%, respectively, of RSO’s commercial real estate loan portfolio was concentrated in commercial real estate loans located in California; approximately 7.9% and 8.9%, respectively, in Arizona; approximately 11.1% and 6%, respectively, in Texas, and approximately 3.3% and 8%, respectively, in Florida.  At December 31, 2012 and 2011, approximately 13.2% and 13.9%, of RSO’s bank loan portfolio was concentrated in the collective industry grouping of healthcare, education and childcare.
							At December 31, 2012, RSO’s bank loan portfolio consisted of $1.2 billion (net of allowance of $9.7 million) of floating rate loans, which bear interest ranging between the 3-month LIBOR plus 1.5% and three month LIBOR plus 8.8% with maturity dates ranging from August, 2013 to January, 2021.  At December 31, 2011, RSO’s bank loan portfolio consisted of $1.2 billion (net of allowance of $3.3 million) of floating rate loans, which bear interest ranging between three month LIBOR plus 1.1%, and three month LIBOR plus 10.6% with maturity dates ranging from March, 2012 to September, 2019.
							The following is a summary of the weighted average life of RSO’s bank loans, at amortized cost (in thousands):
								December 31,
								2012				2011
							Less than one year	$	10,028			$	1,968
							Greater than one year and less than five years	821,568				684,376
							Five years or greater	361,718				487,409
								$	1,193,314			$	1,173,753
							The following is a summary of RSO’s commercial real estate loans held for investment (in thousands):
							Description		Quantity		Amortized Cost				Contracted		Maturity
															Interest Rates		Dates (3)
							31-Dec-12
							Whole loans, floating rate (1) (4) (5) (6)		37		$	567,938			LIBOR plus 2.50% to		June 2013 to
															LIBOR plus 5.50%		Feb-19
							B notes, fixed rate		1		16,327				8.68%		Apr-16
							Mezzanine loans, floating rate		2		15,845				LIBOR plus 2.50% to		August 2013 to
															LIBOR plus 7.45%		Dec-13
							Mezzanine loans, fixed rate (7)		3		66,941				0.50% to 20.00%		September 2014 to
																	Sep-19
							Total (2)		43		$	667,051
							December 31, 2011:
							Whole loans, floating rate (1) (4) (5)		32		$	537,708			LIBOR plus 2.50% to		April 2012 to
															LIBOR plus 5.75%		Feb-19
							Whole loans, fixed rate		1		6,965				10.00%		Jun-12
							B notes, fixed rate		1		16,435				8.68%		Apr-16
							Mezzanine loans, floating rate		3		53,908				LIBOR plus 2.50% to		May 2012 to
															LIBOR plus 7.45%		Dec-12
							Mezzanine loans, fixed rate (7)		2		13,966				8.99% to 11.00%		January 2016 to
																	Sep-16
							Total (2)		39		$	628,982
							-1	Whole loans had $8.9 million and $5.2 million in unfunded loan commitments as of December 31, 2012 and 2011, respectively.  These commitments are funded as the borrowers require additional funding and have satisfied the requirements to obtain this additional funding.
							-2	The total does not include an allowance for loan loss of $8.0 million and $24.2 million as of December 31, 2012 and 2011, respectively.
							-3	Maturity dates do not include possible extension options that may be available to the borrowers.
							-4	Floating rate whole loans include a $2.0 million portion of a whole loan that has a fixed rate of 15% as of December 31, 2012 and 2011, respectively.
							-5	Floating rate whole loans include a $1.0 million and $302,000 preferred equity tranche of a whole loan that has a fixed rate of 10% as of December 31, 2012 and 2011, respectively.
							-6	Amount includes $34.0 million from two whole loans that are classified as loans held for sale at December 31, 2012.
							-7	Fixed rate mezzanine loans include a mezzanine loan that was modified into two tranches which both currently pay interest at 0.5%. In addition, the subordinate tranche accrues interest at LIBOR plus 18.5% which is deferred until maturity.
							The following is a summary of the weighted average life of RSO’s commercial real estate loans, at amortized cost (in thousands):
							Description		2013				2014				2015 and Thereafter				Total
							31-Dec-12
							B notes		$	—			$	—			$	16,327			$	16,327
							Mezzanine loans		5,328				20,694				56,764				82,786
							Whole loans		71,799				—				496,139				567,938
							Total (1)		$	77,127			$	20,694			$	569,230			$	667,051
							-1	Weighted average life of commercial real estate loans assumes full exercise of extension options available to borrowers.
							The following is a summary of the allocation of the allowance for loan loss with respect to RSO’s commercial real estate and bank loans (in thousands, except percentages) by asset class:
							Description		Allowance for Loan Loss				Percentage of
													Total Allowance
							December 31, 2012:
							B notes		$	206			1.17%
							Mezzanine loans		860				4.85%
							Whole loans		6,920				39.12%
							Bank loans		9,705				54.86%
							Total		$	17,691
							December 31, 2011:
							B notes		$	253			0.92%
							Mezzanine loans		1,437				5.23%
							Whole loans		22,531				81.87%
							Bank loans		3,297				11.98%
							Total		$	27,518
							As of December 31, 2012, RSO had recorded an allowance for loan losses of $17.7 million consisting of a $9.7 million allowance on RSO’s bank loan portfolio and a $8.0 million allowance on RSO’s commercial real estate portfolio as a result of the provisions taken on five bank loans and one commercial real estate loan as well as the maintenance of a general reserve with respect to these portfolios.  The whole loan allowance decreased $15.6 million from $22.5 million as of December 31, 2011 to $6.9 million as of December 31, 2012.  This decrease is primarily the result of a charge to the allowance resulting from a CRE loan that was restructured with a new borrower and with a new use for the underlying property.
							As of December 31, 2011, RSO had recorded an allowance for loan losses of $27.5 million consisting of a $3.3 million allowance on RSO’s bank loan portfolio and a $24.2 million allowance on RSO’s commercial real estate portfolio as a result of the impairment of one bank loan and four commercial real estate loans as well as the maintenance of a general reserve with respect to these portfolios.
							Investments in unconsolidated entities - RSO
							In the November 16, 2011 formation of LEAF, RSO received 31,341 shares of Series A Preferred Stock, 4,872 shares of newly issued 8% Series B Redeemable Preferred Stock (the “Series B Preferred Stock”) and 2,364 shares of newly issued Series D Redeemable Preferred Stock (the “Series D Preferred Stock”), collectively representing, on a fully-diluted basis assuming conversion, a 26.7% interest in LEAF in exchange for its prior interest in LEAF.  RSO’s investment in LEAF was valued at $36.3 million based on a third-party valuation.  Several approaches were used, including discounted expected cash flows, market approach and comparable sales transactions to estimate the fair value of its investment in LEAF as a result of the transaction.  These approaches required assumptions and estimates of many critical factors, including revenue and market growth, operating cash flows, market multiples, and discount rates, which were based on the current economic environment and credit market conditions. RSO recorded a loss of $2.2 million in conjunction with the transaction.  RSO’s resulting interest is accounted for under the equity method.  RSO recorded losses of $3.3 million for the year ended December 31, 2012, which was recorded in equity in earnings of unconsolidated subsidiaries on the consolidated statement of income.  No such loss was recorded at December 31, 2011. RSO’s investment in LEAF was valued at $33.1 million as of December 31, 2012.
							RSO has a 100% interest valued at $1.5 million in the common shares (3% of the total equity) in two trusts, Resource Capital Trust I (“RCT I”) and RCC Trust II (“RCT II”).  RSO completed a qualitative analysis to determine whether or not it is the primary beneficiary of each of the trusts.  RSO does not have the power to direct the activities of either trust, nor does it have the obligation to absorb losses or the right to receive benefits that could potentially be significant to these trusts.  Therefore, RSO is not deemed to be the primary beneficiary of either trust and they are not consolidated into RSO’s consolidated financial statements.  RSO records its investments in RCT I and RCT II’s common shares of $774,000 each as investments in unconsolidated trusts using the cost method and records dividend income upon declaration by RCT I and RCT II.  For the years ended December 31, 2012 and 2011, RSO recognized $2.5 million and $3.0 million, respectively, of interest expense with respect to the subordinated debentures it issued to RCT I and RCT II which included $183,000 and $277,000, respectively, of amortization of deferred debt issuance costs.  RSO will continuously reassess whether it should be deemed to be the primary beneficiary of the trusts.
							On December 1, 2009, RSO purchased a membership interest in RRE VIP Borrower, LLC (an unconsolidated VIE that holds RSO's interests in a real estate joint venture) from the Company at book value.  This joint venture, which is structured as a credit facility with Värde Investment Partners, LP acting as lender, finances the acquisition of distressed properties and mortgage loans and has the objective of repositioning both the directly-owned properties and the properties underlying the mortgage loans to enhance their value.  RSO acquired the membership interests for $2.1 million. The agreement requires RSO to contribute 3% to 5% (depending on the asset agreement) of the total funding required for each asset acquisition on a monthly basis.  RREM acts as asset manager of the venture and receives a monthly asset management fee equal to 1% of the combined investment calculated as of the last calendar day of the month. For the years ended December 31, 2012 and 2011, RSO paid RREM management fees of $45,000 and $34,000, respectively. For the years ended December 31, 2012 and 2011, RSO recorded income of $683,000 and $112,000, respectively, which was recorded in equity in earnings of unconsolidated subsidiaries on the consolidated statement of income. The investment balance of $2.3 million and $3.6 million at December 31, 2012 and 2011, respectively, is recorded as an investment in unconsolidated entities on RSO's consolidated balance sheet using the equity method.
							On June 19, 2012, RSO entered into a joint venture with Värde Investment Partners, LP acting as lender, to purchase two condominium developments.  RSO purchased a 7.5% equity interest in the venture. RREM was appointed as the asset manager of the venture to perform lease review and approval, debt service collection, loan workout, foreclosure, disposition and permitting, as applicable.  RREM is also responsible for engaging third parties to perform day-to-day property management, property leasing, rent collection, maintenance, and capital improvements.  RREM receives an annual asset management fee equal to 1.0% of outstanding contributions. RSO incurred fees payable to RREM of $39,000 during the year ended December 31, 2012. For the year ended December 31, 2012, RSO recorded losses of $(135,000), which were recorded in equity in earnings of unconsolidated subsidiaries on the consolidated statement of income. The investment balance of $526,000 at December 31, 2012 is recorded as an investment in unconsolidated entities on RSO's consolidated balance sheet using the equity method. RSO will continuously reassess whether it should be deemed to be the primary beneficiary of the trusts.
							Financing receivables - RSO
							The following tables show the allowance for loan losses and recorded investments in loans for the years indicated (in thousands):
								Commercial Real Estate Loans				Bank Loans				Lease Receivables				Loans Receivable-Related Party			Total
							December 31, 2012:
							Allowance for losses at January 1, 2012	$	24,221			$	3,297			$	—			$	—		$	27,518
							Provision for loan loss	5,225				11,593				—				—			16,818
							Loans charged-off	(21,460		)		(5,185		)		—				—			(26,645		)
							Allowance for losses at December 31, 2012	$	7,986			$	9,705			$	—			$	—		$	17,691
							Ending balance:
							Individually evaluated for impairment	$	2,142			$	3,236			$	—			$	—		$	5,378
							Collectively evaluated for impairment	$	5,844			$	6,469			$	—			$	—		$	12,313
							Loans acquired with deteriorated credit quality	$	—			$	—			$	—			$	—		$	—
							Loans:
							Ending balance:
							Individually evaluated for impairment	$	177,055			$	4,688			$	—			$	8,324		$	190,067
							Collectively evaluated for impairment	$	489,996			$	1,187,875			$	—			$	—		$	1,677,871
							Loans acquired with deteriorated credit quality	$	—			$	751			$	—			$	—		$	751
							December 31, 2011:
							Allowance for losses at January 1, 2011	$	31,617			$	2,616			$	70			$	—		$	34,303
							Provision for loan loss	6,478				7,418				—				—			13,896
							Loans charged-off	(13,874		)		(6,737		)		(70		)		—			(20,681		)
							Allowance for losses at December 31, 2011	$	24,221			$	3,297			$	—			$	—		$	27,518
							Ending balance:
							Individually evaluated for impairment	$	17,065			$	1,593			$	—			$	—		$	18,658
							Collectively evaluated for impairment	$	7,156			$	1,704			$	—			$	—		$	8,860
							Loans acquired with deteriorated credit quality	$	—			$	—			$	—			$	—		$	—
							Loans:
							Ending balance:
							Individually evaluated for impairment	$	113,038			$	2,693			$	—			$	9,497		$	125,228
							Collectively evaluated for impairment	$	515,944			$	1,171,060			$	—			$	—		$	1,687,004
							Loans acquired with deteriorated credit quality	$	—			$	—			$	—			$	—		$	—
							Credit quality indicators
							Bank Loans
							RSO uses a risk grading matrix to assign grades to bank loans.  Loans are graded at inception and updates to assigned grades are made continually as new information is received.  Loans are graded on a scale of 1-5 with 1 representing RSO’s highest rating and 5 representing its lowest rating.  RSO also designates loans that are sold after the period end at the lower of their fair market value or cost, net of any allowances and costs associated with the loan sales.  RSO considers metrics such as performance of the underlying company, liquidity, collectability of interest, enterprise valuation, default probability, ratings from rating agencies, and industry dynamics in grading its bank loans.
							Credit risk profiles of bank loans were as follows (in thousands):
								Rating 1				Rating 2				Rating 3				Rating 4			Rating 5			Held for Sale			Total
							As of December 31, 2012:
							Bank loans	$	1,095,148			$	33,677			$	27,837			$	16,318		$	5,440		$	14,894		$	1,193,314
							As of December 31, 2011:
							Bank loans	$	1,076,298			$	19,739			$	60,329			$	11,540		$	2,693		$	3,154		$	1,173,753
							All of RSO’s bank loans are performing with the exception of five loans with an amortized cost of $5.4 million as of December 31, 2012, one of which defaulted as of December 31, 2012, three of which defaulted as of March 31, 2012, which includes a loan acquired with deteriorated credit quality as a result of the acquisition of Whitney CLO I, and one of which defaulted on December 31, 2011. As of December 31, 2011, all of RSO's bank loans are performing with the exception of one loan which defaulted on December 31, 2011 with a carrying amount of $2.7 million.
							Commercial Real Estate Loans
							RSO uses a risk grading matrix to assign grades to commercial real estate loans.  Loans are graded at inception and updates to assigned grades are made continually as new information is received.  Loans are graded on a scale of 1-4 with 1 representing RSO’s highest rating and 4 representing its lowest rating.  RSO designates loans that are sold after the period end at the lower of their fair market value or cost, net of any allowances and costs associated with the loan sales.  In addition to the underlying performance of the loan collateral, RSO considers metrics such as the strength of underlying sponsorship, payment history, collectability of interest, structural credit enhancements, market trends and loan terms in grading its commercial real estate loans.
							Credit risk profiles of commercial real estate loans were as follows (in thousands):
								Rating 1				Rating 2				Rating 3				Rating 4			Held for Sale			Total
							As of December 31, 2012:
							Whole loans	$	427,456			$	—			$	106,482			$	—		$	34,000		$	567,938
							B notes	16,327				—				—				—			—			16,327
							Mezzanine loans	38,296				—				44,490				—			—			82,786
								$	482,079			$	—			$	150,972			$	—		$	34,000		$	667,051
							As of December 31, 2011:
							Whole loans	$	329,085			$	87,598			$	90,225			$	37,765		$	—		$	544,673
							B notes	16,435				—				—				—			—			16,435
							Mezzanine loans	23,347				—				44,527				—			—			67,874
								$	368,867			$	87,598			$	134,752			$	37,765		$	—		$	628,982
							All of RSO’s commercial real estate loans were performing as of December 31, 2012 and 2011.
							Loan Portfolios Aging Analysis
							The following table shows the loan portfolio aging analysis as of the dates indicated at cost basis (in thousands):
								30-59 Days				60-89 Days				Greater than 90 Days				Total Past Due			Current			Total Loans Receivable			Total Loans > 90 Days and Accruing
							December 31, 2012:
							Whole loans	$	—			$	—			$	—			$	—		$	567,938		$	567,938		$	—
							B notes	—				—				—				—			16,327			16,327			—
							Mezzanine loans	—				—				—				—			82,786			82,786			—
							Bank loans	1,549				—				3,891				5,440			1,187,874			1,193,314			—
							Loans receivable- related party	—				—				—				—			8,324			8,324			—
							Total loans	$	1,549			$	—			$	3,891			$	5,440		$	1,863,249		$	1,868,689		$	—
							December 31, 2011:
							Whole loans	$	—			$	—			$	—			$	—		$	544,673		$	544,673		$	—
							B notes	—				—				—				—			16,435			16,435			—
							Mezzanine loans	—				—				—				—			67,874			67,874			—
							Bank loans	—				—				—				—			1,173,753			1,173,753			—
							Loans receivable- related party	—				—				—				—			9,497			9,497			—
							Total loans	$	—			$	—			$	—			$	—		$	1,812,232		$	1,812,232		$	—
							Impaired Loans
							The following tables show impaired loans indicated (in thousands):
								Recorded Balance				Unpaid Principal Balance				Specific Allowance				Average Investment in Impaired Loans			Interest Income Recognized
							December 31, 2012:
							Loans without a specific valuation allowance:
							Whole loans	$	115,841			$	115,841			$	—			$	114,682		$	3,436
							B notes	$	—			$	—			$	—			$	—		$	—
							Mezzanine loans	$	38,072			$	38,072			$	—			$	38,072		$	367
							Bank loans	$	—			$	—			$	—			$	—		$	—
							Loans receivable - related party	$	6,754			$	6,754			$	—			$	—		$	851
							Loans with a specific valuation allowance:
							Whole loans	$	23,142			$	23,142			$	(2,142	)		$	22,576		$	801
							B notes	$	—			$	—			$	—			$	—		$	—
							Mezzanine loans	$	—			$	—			$	—			$	—		$	—
							Bank loans	$	5,440			$	5,440			$	(3,236	)		$	—		$	—
							Loans receivable - related party	$	—			$	—			$	—			$	—		$	—
							Total:
							Whole loans	$	138,983			$	138,983			$	(2,142	)		$	137,258		$	4,237
							B notes	—				—				—				—			—
							Mezzanine loans	38,072				38,072				—				38,072			367
							Bank loans	5,440				5,440				(3,236		)		—			—
							Loans receivable - related party	6,754				6,754				—				—			851
								$	189,249			$	189,249			$	(5,378	)		$	175,330		$	5,455
								Recorded Balance				Unpaid Principal Balance				Specific Allowance				Average Investment in Impaired Loans			Interest Income Recognized
							December 31, 2011:
							Loans without a specific valuation allowance:
							Whole loans	$	75,273			$	75,273			$	—			$	75,263		$	2,682
							B notes	$	—			$	—			$	—			$	—		$	—
							Mezzanine loans	$	—			$	—			$	—			$	—		$	—
							Bank loans	$	—			$	—			$	—			$	—		$	—
							Loans receivable - related party	$	7,820			$	7,820			$	—			$	—		$	1,112
							Loans with a specific valuation allowance:
							Whole loans	$	37,765			$	37,765			$	(17,065	)		$	36,608		$	920
							B notes	$	—			$	—			$	—			$	—		$	—
							Mezzanine loans	$	—			$	—			$	—			$	—		$	—
							Bank loans	$	2,693			$	2,693			$	(1,593	)		$	2,693		$	—
							Loans receivable - related party	$	—			$	—			$	—			$	—		$	—
							Total:
							Whole loans	$	113,038			$	113,038			$	(17,065	)		$	111,871		$	3,602
							B notes	—				—				—				—			—
							Mezzanine loans	—				—				—				—			—
							Bank loans	2,693				2,693				(1,593		)		2,693			—
							Loans receivable - related party	7,820				7,820				—				—			1,112
								$	123,551			$	123,551			$	(18,658	)		$	114,564		$	4,714
							Troubled- Debt Restructurings
							The following tables show troubled-debt restructurings in RSO's loan portfolio (in thousands):
								Number		Pre-Modification				Post-Modification
								of Loans		Outstanding				Outstanding
										Recorded Balance				Recorded Balance
							Year Ended December 31, 2012:
							Whole loans (1)	7		$	175,708			$	158,422
							B notes	—		—				—
							Mezzanine loans	1		38,072				38,072
							Bank loans	—		—				—
							Loans receivable - related party (2)	1		7,797				7,797
							Total loans	9		$	221,577			$	204,291
							Year Ended December 31, 2011:
							Whole loans	2		$	34,739			$	33,073
							B notes	—		—				—
							Mezzanine loans	—		—				—
							Bank loans	—		—				—
							Loans receivable	—		—				—
							Loans receivable - related party	1		7,981				7,981
							Total loans	3		$	42,720			$	41,054
							-1	Whole loans include a whole loan with a pre-modification and post-modification outstanding recorded balance of $21.8 million that have been converted to real-estate owned and will no longer be a TDR after December 31, 2012.
							-2	Loans receivable - related party reflects a loan outstanding to LEAF Fund II, which is a commercial finance partnership that was sponsored and is managed/serviced by the Company. RSO has received paydowns on this loan for the year ended December 31, 2012 and currently has an outstanding balance of $6.8 million as of December 31, 2012.
							As of December 31, 2012 and December 31, 2011, there were no troubled-debt restructurings that subsequently defaulted.
							Intangible assets - RSO
							Intangible assets represent identifiable intangible assets acquired as a result of RSO’s acquisition of RCAM in February 2011, its conversion of loans to investments in real estate in June 2011, and the acquisition of real estate in August 2011.  RSO amortizes identified intangible assets to expense over their estimated lives or period of benefit using the straight-line method.  RSO evaluates intangible assets for impairment as events and circumstances change.  In October 2012, RSO purchased 66.6% of preferred equity of one of the RCAM CDOs. As a result of this transaction and consolidation of Whitney CLO I, RSO wrote-off the unamortized balance of $2.6 million, the intangible asset associated with this CDO, which was recorded in gain/(loss) on consolidation in the consolidated statement of income. Due to a 2013 event whereby a second CLO liquidated, RSO accelerated the amortization of the remaining balance of its intangible asset and recorded a $657,000 charge to depreciation and amortization on the consolidated statement of income. RSO expects to record amortization expense on intangible assets of approximately $1.9 million for the year ended December 31, 2013, and $1.8 million for the years ended December 31, 2014, 2015, 2016 and 2017.  The weighted average amortization period was 8.7 years and 8.0 years at December 31, 2012 and 2011, respectively and the accumulated amortization was $10.5 million and $3.9 million at December 31, 2012 and 2011, respectively.
							The following table summarizes intangible assets at December 31, 2012 and 2011 (in thousands).
								Beginning Balance				Accumulated Amortization				Net Asset
							December, 2012
							Investment in RCAM	$	21,213			$	(8,108	)		$	13,105
							Investments in real estate:
							In-place leases	2,461				(2,379		)		82
							Above (below) market leases	29				(24		)		5
								2,490				(2,403		)		87
							Total intangible assets	$	23,703			$	(10,511	)		$	13,192
							December 31, 2011:
							Investment in RCAM	$	21,213			$	(2,237	)		$	18,976
							Investments in real estate:
							In-place leases	2,461				(1,634		)		827
							Above (below) market leases	29				(19		)		10
								2,490				(1,653		)		837
							Total intangible assets	$	23,703			$	(3,890	)		$	19,813
							For the years ended December 31, 2012 and 2011, RSO recognized $7.2 million and $7.8 million, respectively, of fee income related to the investment in RCAM.
							Borrowings - RSO
							RSO historically has financed the acquisition of its investments, including investment securities, loans and lease receivables, through the use of secured and unsecured borrowings in the form of CDOs, securitized notes, repurchase agreements, secured term facilities, warehouse facilities and trust preferred securities issuances.  Certain information with respect to RSO’s borrowings at December 31, 2012 and 2011 is summarized in the following table (in thousands, except percentages):
								Outstanding Borrowings				Weighted Average Borrowing Rate		Weighted Average Remaining Maturity		Value of Collateral
							December 31, 2012:
							RREF CDO 2006-1 Senior Notes (1)	$	145,664			1.42%		33.6 years		$	295,759
							RREF CDO 2007-1 Senior Notes (2)	225,983				0.81%		33.8 years		292,980
							Apidos CDO I Senior Notes (3)	202,969				1.07%		4.6 years		217,745
							Apidos CDO III Senior Notes (4)	221,304				0.80%		7.5 years		232,655
							Apidos Cinco CDO Senior Notes (5)	320,550				0.82%		7.4 years		344,105
							Apidos CLO VIII Senior Notes (6)	300,951				2.16%		8.8 years		351,014
							Apidos CLO VIII Securitized Borrowings (11)	20,047				15.27%		8.8 years		—
							Whitney CLO I (10)	171,555				1.82%		4.2 years		191,704
							Whitney Securitized Borrowings(11)	5,860				9.50%		4.2 years		—
							Unsecured Junior Subordinated Debentures (7)	50,814				4.26%		23.7 years		—
							Repurchase Agreements (8)	106,303				2.28%		18 days		145,234
							Mortgage Payable (9)	13,600				4.17%		5.6 years		18,100
							Total(12)	$	1,785,600			1.62%		12.5 years		$	2,089,296
							December 31, 2011:
							RREF CDO 2006-1 Senior Notes (1)	$	157,803			1.44%		34.6 years		$	264,796
							RREF CDO 2007-1 Senior Notes (2)	315,882				0.85%		34.8 years		422,641
							Apidos CDO I Senior Notes (3)	314,884				1.04%		5.6 years		315,088
							Apidos CDO III Senior Notes (4)	261,209				0.99%		8.5 years		260,167
							Apidos Cinco CDO Senior Notes (5)	319,959				0.95%		8.4 years		326,164
							Apidos CLO VIII Senior Notes (6)	298,312				2.42%		9.8 years		334,122
							Apidos CLO VIII Securitized Borrowings (11)	21,364				15.27%		9.8 years		—
							Unsecured Junior Subordinated Debentures (7)	50,631				4.35%		24.7 years		—
							Repurchase Agreements (8)	40,503				1.54%		18 days		47,143
							Mortgage Payable (9)	13,536				4.23%		6.6 years		18,100
							Total	$	1,794,083			1.38%		15.2 years		$	1,988,221
							-1	Amount represents principal outstanding of $146.4 million and $159.1 million less unamortized issuance costs of $728,000 and $1.2 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in August 2006.
							-2	Amount represents principal outstanding of $227.4 million and $318.6 million less unamortized issuance costs of $1.4 million and $2.7 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in June 2007.
							-3	Amount represents principal outstanding of $203.2 million and $315.9 million less unamortized issuance costs of $274,000 and $1.1 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in August 2005.
							-4	Amount represents principal outstanding of $222.0 million and $262.5 million less unamortized issuance costs of $659,000 and $1.3 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in May 2006.
							-5	Amount represents principal outstanding of $322.0 million and $322.0 million less unamortized issuance costs of $1.5 million and $2.0 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in May 2007.
							-6	Amount represents principal outstanding of $317.6 million and $317.6 million, less unamortized issuance costs of $4.7 million and $5.5 million, and less unamortized discounts of $11.9 million and $13.8 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in October 2011.
							-7	Amount represents junior subordinated debentures issued to RCT I and RCT II in May 2006 and September 2006, respectively.
							-8	Amount represents principal outstanding of $47.5 million and $40.9 million less unamortized deferred debt costs of $23,000 and $494,000 and accrued interest costs of $37,000 and $39,000 related to CMBS repurchase facilities as of December 31, 2012 and 2011, respectively, and principal outstanding of $59.1 million less unamortized deferred debt costs of $348,000 and accrued interest costs of $79,000 related to CRE repurchase facilities as of December 31, 2012. Does not reflect CMBS repurchase agreement borrowings that are components of Linked Transactions. At December 31, 2012 and 2011, RSO had repurchase agreements of $20.4 million and $14.9 million, respectively, that were linked to CMBS purchases and accounted for as Linked Transactions, and as such, the linked repurchase agreements are not included in the above table.
							-9	Amount represents principal outstanding of $13.6 million and $13.6 million less unamortized real estate financing costs of $0 and $65,000 as of December 31, 2012 and 2011, respectively.  This real estate transaction closed in August 2011.
							-10	Amount represents principal outstanding of $174.1 million less unamortized discounts of $2.5 million as of December 31, 2012 . In October 2012 RSO purchased a $20.9 million equity interest in Whitney CLO I which represents 67% of the outstanding preference shares. The transaction gave RSO a controlling interest in the CLO.
							-11	The securitized borrowings are collateralized by the same assets as the Apidos CLO VIII Senior Notes and the Whitney CLO I Senior Notes, respectively.
							Collateralized Debt Obligations
							Resource Real Estate Funding CDO 2007-1
							In June 2007, RSO closed RREF CDO 2007-1, a $500.0 million CDO transaction that provided financing for commercial real estate loans and commercial mortgage-backed securities.  The investments held by RREF CDO 2007-1 collateralize the debt it issued and, as a result, the investments are not available to RSO, its creditors or stockholders.  RREF CDO 2007-1 issued a total of $265.6 million of senior notes at par to unrelated investors.  RCC Real Estate purchased 100% of the class H senior notes (rated  BBB+:Fitch), class K senior notes (rated BBB-:Fitch), class L senior notes (rated BB:Fitch) and class M senior notes (rated B: Fitch) for $68.0 million.  In addition, Resource Real Estate Funding 2007-1 CDO Investor, LLC, a subsidiary of RCC Real Estate, purchased a $41.3 million equity interest representing 100% of the outstanding preference shares.  The senior notes purchased by RCC Real Estate are subordinated in right of payment to all other senior notes issued by RREF CDO 2007-1 but are senior in right of payment to the preference shares.  The equity interest is subordinated in right of payment to all other securities issued by RREF CDO 2007-1. The reinvestment period for RREF 2007-1 ended in June 2012 which results in the sequential pay down of notes as underlying collateral matures and pays down.  As of December 31, 2012, $14.5 million of Class A-1 notes have been paid down.
							The senior notes issued to investors by RREF CDO 2007-1 consist of the following classes: (i) $180.0 million of class A-1 notes bearing interest at one-month LIBOR plus 0.28%; (ii) $50.0 million of unissued class A-1R notes, which allow the CDO to fund future funding obligations under the existing whole loan participations that have future funding commitments; the undrawn balance of the class A-1R notes accrued a commitment fee at a rate per annum equal to 0.18%, the drawn balance bore interest at one-month LIBOR plus 0.32%; (iii) $57.5 million of class A-2 notes bearing interest at one-month LIBOR plus 0.46%; (iv) $22.5 million of class B notes bearing interest at one-month LIBOR plus 0.80%; (v) $7.0 million of class C notes bearing interest at a fixed rate of 6.423%; (vi) $26.8 million of class D notes bearing interest at one-month LIBOR plus 0.95%; (vii) $11.9 million of class E notes bearing interest at one-month LIBOR plus 1.15%; (viii) $11.9 million of class F notes bearing interest at one-month LIBOR plus 1.30%; (ix) $11.3 million of class G notes bearing interest at one-month LIBOR plus 1.55%; (x) $11.3 million of class H notes bearing interest at one-month LIBOR plus 2.30%; (xi) $11.3 million of class J notes bearing interest at one-month LIBOR plus 2.95%; (xii) $10.0 million of class K notes bearing interest at one-month LIBOR plus 3.25%; (xiii) $18.8 million of class L notes bearing interest at a fixed rate of 7.50% and (xiv) $28.8 million of class M notes bearing interest at a fixed rate of 8.50%.  All of the notes issued mature in September 2046, although RSO has the right to call the notes anytime after July 2017 until maturity.  The weighted average interest rate on all notes issued to outside investors and net of repurchased notes was 0.81% and 0.85% at December 31, 2012 and 2011, respectively.
							During the year ended December 31, 2012 RSO repurchased and redeemed $50.0 million of the Class A-1R notes and $26.8 million of the Class D notes in RREF CDO 2007-1 at a weighted average price of 78.85% to par which, after fees paid to an investment bank to finance the transaction and related expenses, resulting in a $14.9 million gain reported as a gain on the extinguishment of debt in the consolidated statements of income. During the year ended 2011, RSO repurchased $10.0 million of Class A-2 notes at a weighted average price of 61.25% to par which resulted in a $3.9 million gain.
							In connection with RSO’s ownership of certain notes held by RREF CDO 2007-1, on June 21, 2011 RSO surrendered for cancellation, without consideration, to the trustee of RREF CDO 2007-1the following outstanding notes, which previously eliminated in consolidation:  $7.5 million of the Class B notes, $6.5 million of the Class F notes, $6.3 million of the Class G notes and $10.6 million of the Class H notes.  The surrendered notes were canceled by the trustee pursuant to the applicable indenture, and the obligations due under those notes were deemed extinguished.  The effect of these cancellations was to improve the CDO’s performance with respect to its over-collateralization and interest coverage tests, with which it was already in compliance before the cancellation, and to secure RSO’s long-term interest in this structured vehicle.
							As a result of RSO’s ownership of senior notes, both the notes repurchased subsequent to closing and those retained at the CDO’s closing eliminate in consolidation.
							Resource Real Estate Funding CDO 2006-1
							In August 2006, RSO closed RREF CDO 2006-1, a $345.0 million CDO transaction that provided financing for commercial real estate loans.  The investments held by RREF CDO 2006-1 collateralize the debt it issued and, as a result, the investments are not available to RSO, its creditors or stockholders.  RREF CDO 2006-1 issued a total of $308.7 million of senior notes at par to investors of which RCC Real Estate purchased 100% of the class J senior notes (rated BB: Fitch) and class K senior notes (rated B:Fitch) for $43.1 million.  In addition, Resource Real Estate Funding 2006-1 CDO Investor, LLC, a subsidiary of RCC Real Estate, purchased a $36.3 million equity interest representing 100% of the outstanding preference shares.  The senior notes purchased by RCC Real Estate are subordinated in right of payment to all other senior notes issued by RREF CDO 2006-1 but are senior in right of payment to the preference shares.  The equity interest is subordinated in right of payment to all other securities issued by RREF CDO 2006-1.  The reinvestment period for RREF 2006-1 ended in September 2011 which results in the sequential pay down of notes as underlying collateral matures and pays down.  As of December 31, 2012, $29.7 million of Class A-1 notes have been paid down.
							The senior notes issued to investors by RREF CDO 2006-1 consist of the following classes:  (i) $129.4 million of class A-1 notes bearing interest at one-month LIBOR plus 0.32%; (ii) $17.4 million of class A-2 notes bearing interest at one-month LIBOR plus 0.35%; (iii) $5.0 million of class A-2 notes bearing interest at a fixed rate of 5.842%; (iv) $6.9 million of class B notes bearing interest at one-month LIBOR plus 0.40%; (v) $20.7 million of class C notes bearing interest at one-month LIBOR plus 0.62%; (vi) $15.5 million of class D notes bearing interest at one-month LIBOR plus 0.80%; (vii) $20.7 million of class E notes bearing interest at one-month LIBOR plus 1.30%; (viii) $19.8 million of class F notes bearing interest at one-month LIBOR plus 1.60%; (ix) $17.3 million of class G notes bearing interest at one-month LIBOR plus 1.90%; (x) $12.9 million of class H notes bearing interest at one-month LIBOR plus 3.75%, (xi) $14.7 million of Class J notes bearing interest at a fixed rate of 6.00% and (xii) $28.4 million of Class K notes bearing interest at a fixed rate of 6.00%.  As a result of RSO’s ownership of the Class J and K senior notes, these notes eliminate in consolidation.  All of the notes issued mature in August 2046, although RSO has the right to call the notes anytime after August 2016 until maturity.  The weighted average interest rate on all notes issued to outside investors and net of repurchased notes was 1.42% and 1.44% at December 31, 2012 and 2011, respectively.
							During the year ended December 31, 2012 RSO repurchased $4.3 million of the Class A-1 notes and $4.0 million of the Class C notes in RREF CDO 2006-1 at a weighted average price of 81.63% to par which resulted in a $1.5 million gain reported as a gain on the extinguishment of debt in the consolidated statements of income.  During the year ended December 31, 2011, RSO did not repurchase any notes.
							In connection with RSO’s ownership of certain notes held by RREF CDO 2006-1, on June 21, 2011 RSO surrendered for cancellation, without consideration, to the trustee of RREF CDO 2006-1 the following outstanding notes, which previously eliminated in consolidation:  $6.9 million of the Class B notes, $7.7 million of the Class C notes, $5.52 million of the Class D notes, $7.0 million of the Class E notes and $5.25 million of the Class F notes.  The surrendered notes were canceled by the trustee pursuant to the applicable indenture, and the obligations due under those notes were deemed extinguished.  The effect of these cancellations was to improve the CDO’s performance with respect to its over-collateralization and interest coverage tests, with which it was already in compliance before the cancellation, and to secure RSO’s long-term interest in this structured vehicle.
							As a result of RSO’s ownership of senior notes, both the notes repurchased subsequent to closing and those retained at the CDO’s closing eliminate in consolidation.
							Whitney CLO I
							In February 2011, RSO acquired the rights to manage the assets held by Whitney CLO I. In October 2012, RSO purchased a $20.9 million preferred equity interest at a discount of 42.5% which represents 67% of the outstanding preference shares in Whitney CLO I. Based upon that purchase, RSO determined that it had a controlling interest and consolidated Whitney CLO I. The preferred equity interest is subordinated in right of payment to all other securities issued by Whitney CLO I.
							The balance of senior notes to investors when RSO acquired a controlling interest in October 2012 were as follows: (i) $48.8 million of class A-1L notes bearing interest at LIBOR plus 0.32%; (ii) $26.5 million of class A-1LA notes bearing interest at LIBOR plus 0.29%; (iii) $36.5 million of class A-1LB notes bearing interest at LIBOR plus 0.45%; (iv) $19.75 million of class A-2F notes bearing interest at LIBOR plus 5.19%; (v) $15.0 million of class A-2L notes bearing interest at LIBOR plus 0.57%; (vi) $25.0 million of class A-3L notes bearing interest at LIBOR plus 1.05%; (vii) $23.5 million of class B-1LA notes bearing interest at LIBOR plus 2.1%; (viii) $14.36 million of class B-1LB notes bearing interest at LIBOR plus 1.0%. All of the notes issued mature on March 1, 2017. RSO has the right to call the notes anytime after March 1, 2009 until maturity in March 2017. The weighted average interest rate on all notes was 1.82% at December 31, 2012. The reinvestment period for Whitney CLO I ended in March 2011 which results in the sequential pay down of notes as underlying collateral matures and pays down. Since October 2012, $15.5 million of Class A-1L and $19.9 million of Class A-1LA notes have been paid down.
							Apidos CLO VIII
							In October 2011, RSO closed Apidos CLO VIII, a $350 million CLO transaction that provides financing for bank loans.  The investments held by Apidos CLO VIII collateralize the debt it issued and, as a result, the investments are not available to RSO, its creditors or stockholders.  Apidos CLO VIII issued a total of $317.6 million of senior notes at a discount of 4.4% to investors and RCC commercial purchased a $15.0 million interest representing 43% of the outstanding subordinated debt.  The remaining 57% of subordinated debt is owned by unrelated third parties.  The reinvestment period for Apidos CLO VIII will end in October 2014.  The subordinated debt interest is subordinated in right of payment to all other securities issued by Apidos CLO VIII.
							The senior notes issued to investors by Apidos CLO VIII consist of the following classes: (i) $231.2 million of class A-1 notes bearing interest at LIBOR plus 1.50%; (ii) $35.0 million of class A-2 notes bearing interest at LIBOR plus 2.00%; (iii) $17.3 million of class B-1 notes bearing interest at LIBOR plus 2.50%; (iv) $6.8 million of class B-2 notes bearing interest at LIBOR plus 2.50%; (v) $14.1 million of class C notes bearing interest at LIBOR plus 3.10% and (vi) $13.2 million of class D notes bearing interest at LIBOR plus 4.50%. All of the notes issued mature on October 17, 2021, although RSO has the right to call the notes anytime from October 17, 2013 until maturity.  The weighted average interest rate on all notes was 2.16% and 2.42% at December 31, 2012 and 2011, respectively.
							Apidos Cinco CDO
							In May 2007, RSO closed Apidos Cinco CDO, a $350.0 million CDO transaction that provides financing for bank loans.  The investments held by Apidos Cinco CDO collateralize the debt it issued and, as a result, the investments are not available to RSO, its creditors or stockholders.  Apidos Cinco CDO issued a total of $322.0 million of senior notes at par to investors and RCC commercial purchased a $28.0 million equity interest representing 100% of the outstanding preference shares.  The reinvestment period for Apidos Cinco CDO will end in May 2014.  The equity interest is subordinated in right of payment to all other securities issued by Apidos Cinco CDO.
							The senior notes issued to investors by Apidos Cinco CDO consist of the following classes: (i) $37.5 million of class A-1 notes bearing interest at LIBOR plus 0.24%; (ii) $200.0 million of class A-2a notes bearing interest at LIBOR plus 0.23%; (iii) $22.5 million of class A-2b notes bearing interest at LIBOR plus 0.32%; (iv) $19.0 million of class A-3 notes bearing interest at LIBOR plus 0.42%; (v) $18.0 million of class B notes bearing interest at LIBOR plus 0.80%; (vi) $14.0 million of class C notes bearing interest at LIBOR plus 2.25% and (vii) $11.0 million of class D notes bearing interest at LIBOR plus 4.25%. All of the notes issued mature on May 14, 2020, although RSO has the right to call the notes anytime after May 14, 2011 until maturity.  The weighted average interest rate on all notes was 0.82% and 0.95% at December 31, 2012 and 2011, respectively.
							Apidos CDO III
							In May 2006, RSO closed Apidos CDO III, a $285.5 million CDO transaction that provides financing for bank loans.  The investments held by Apidos CDO III collateralize the debt it issued and, as a result, the investments are not available to RSO, its creditors or stockholders.  Apidos CDO III issued a total of $262.5 million of senior notes at par to investors and RCC Commercial purchased a $23.0 million equity interest representing 100% of the outstanding preference shares.  The reinvestment period for Apidos CDO III will end in December 2012.  The equity interest is subordinated in right of payment to all other securities issued by Apidos CDO III.
							The senior notes issued to investors by Apidos CDO III consist of the following classes:  (i) $212.0 million of class A-1 notes bearing interest at 3-month LIBOR plus 0.26%; (ii) $19.0 million of class A-2 notes bearing interest at 3-month LIBOR plus 0.45%; (iii) $15.0 million of class B notes bearing interest at 3-month LIBOR plus 0.75%; (iv) $10.5 million of class C notes bearing interest at 3-month LIBOR plus 1.75%; and (v) $6.0 million of class D notes bearing interest at 3-month LIBOR plus 4.25%.  All of the notes issued mature on September 12, 2020, although RSO has the right to call the notes anytime after September 12, 2011 until maturity.  The weighted average interest rate on all notes was 0.80% and 0.99% at December 31, 2012 and 2011, respectively. The reinvestment period for Apidos CDO III ended in June 2012 which results in the sequential pay down of notes as underlying collateral matures and pays down.  As of December 31, 2012, $40.5 million of Class A-1 notes have been paid down.
							Apidos CDO I
							In August 2005, RSO closed Apidos CDO I, a $350.0 million CDO transaction that provides financing for bank loans.  The investments held by Apidos CDO I collateralize the debt it issued and, as a result, the investments are not available to RSO, its creditors or stockholders.  Apidos CDO I issued a total of $321.5 million of senior notes at par to investors and RCC Commercial purchased a $28.5 million equity interest representing 100% of the outstanding preference shares.  The equity interest is subordinated in right of payment to all other securities issued by Apidos CDO I.
							The senior notes issued to investors by Apidos CDO I consist of the following classes:  (i) $259.5 million of class A-1 notes bearing interest at 3-month LIBOR plus 0.26%; (ii) $15.0 million of class A-2 notes bearing interest at 3-month LIBOR plus 0.42%; (iii) $20.5 million of class B notes bearing interest at 3-month LIBOR plus 0.75%; (iv) $13.0 million of class C notes bearing interest at 3-month LIBOR plus 1.85%; and (v) $8.0 million of class D notes bearing interest at a fixed rate of 9.251%.  All of the notes issued mature on July 27, 2017, although RSO has the right to call the notes anytime after July 27, 2010 until maturity.  The weighted average interest rate on all notes was 1.07% and 1.04% and at December 31, 2012 and 2011, respectively. The reinvestment period for Apidos CDO I ended in July 2011 which results in the sequential pay down of notes as underlying collateral matures and pays down.  As of December 31, 2012, $116.3 million of Class A-1 Notes have been paid down.
							During the year ended December 31, 2012 RSO repurchased $2.0 million of the Class B notes in Apidos CDO I at a weighted average price of 85.11% to par which resulted in a $298,000  gain reported as a gain on the extinguishment of debt in the consolidated statements of income.  During the year ended December 31, 2011, RSO did not repurchase any notes.
							Unsecured Junior Subordinated Debentures
							In May 2006 and September 2006, RSO formed RCT I and RCT II, respectively, for the sole purpose of issuing and selling capital securities representing preferred beneficial interests.  Although RSO owns 100% of the common securities of RCT I and RCT II, RCT I and RCT II are not consolidated into RSO’s consolidated financial statements because RSO is not deemed to be the primary beneficiary of these entities.  In connection with the issuance and sale of the capital securities, RSO issued junior subordinated debentures to RCT I and RCT II of $25.8 million each, representing RSO’s maximum exposure to loss.  The debt issuance costs associated with the junior subordinated debentures for RCT I and RCT II are included in borrowings and are being amortized into interest expense in the consolidated statements of income using the effective yield method over a ten year period.
							The debt issuance costs associated with the junior subordinated debentures for RCT I and RCT II at December 31, 2012 were $358,000 and $377,000, respectively.  The debt issuance costs associated with the junior subordinated debentures for RCT I and RCT II at December 31, 2011, were $450,000 and $467,000, respectively.  The rates for RCT I and RCT II, at December 31, 2012, were 4.26% and 4.26%, respectively.  The rates for RCT I and RCT II, at December 31, 2011, were 4.32% and 4.38%, respectively.
							The rights of holders of common securities of RCT I and RCT II are subordinate to the rights of the holders of capital securities only in the event of a default; otherwise, the common securities’ economic and voting rights are pari passu with the capital securities.  The capital and common securities of RCT I and RCT II are subject to mandatory redemption upon the maturity or call of the junior subordinated debentures held by each.  Unless earlier dissolved, RCT I will dissolve on May 25, 2041 and RCT II will dissolve on September 29, 2041.  The junior subordinated debentures are the sole assets of RCT I and RCT II, mature on September 30, 2036 and October 30, 2036, respectively, and may be called at par by RSO any time after September 30, 2011 and October 30, 2011, respectively.  RSO records its investments in RCT I and RCT II’s common securities of $774,000 each as investments in unconsolidated trusts and records dividend income upon declaration by RCT I and RCT II.
							Repurchase and Credit Facilities
							CMBS - Term Repurchase Facility
							In February 2011, the registrant's wholly-owned subsidiaries, RCC Commercial Inc. and RCC Real Estate, Inc.(collectively, the "Companies"), entered into a master repurchase and securities contract (the “Facility”) with Wells Fargo Bank, National Association (“Wells Fargo”).  Under the Facility, from time to time, the parties may enter into transactions in which the Companies and Wells Fargo agree to transfer from the Companies to Wells Fargo all of their right, title and interest to certain commercial mortgage backed securities and other assets (the “Assets”) against the transfer of funds by Wells Fargo to the Companies, with a simultaneous agreement by Wells Fargo to transfer back to the Companies such Assets at a date certain or on demand, against the transfer of funds from the Companies to Wells Fargo.  The maximum amount of the Facility is $100.0 million which has a two year term with a one year option to extend, and an interest rate equal to the one-month London Interbank Offered Rate (LIBOR) plus 1.29% plus a .25% initial structuring fee and a .25% extension fee upon exercise. On February 1, 2013, RSO exercised the option to extend the CMBS Term Repurchase Facility for a period of one year. The Companies will enter into interest rate swaps and cap agreements to mitigate interest rate risk under the Facility.
							The Facility contains customary events of default, including payment defaults, breaches of covenants and/or certain representations and warranties, cross-defaults, guarantor defaults, and the institution of bankruptcy or insolvency proceedings that remain unstayed.  The remedies for such events of default are also customary for this type of transaction and include the acceleration of all obligations of the Companies to repay the purchase price for purchased assets.
							The Facility also contains margin call provisions relating to a decline in the market value of a security. Under these circumstances, Wells Fargo may require the Companies to transfer cash in an amount sufficient to eliminate any margin deficit resulting from such a decline.
							Under the terms of the Facility and pursuant to a guarantee agreement dated February 1, 2011 (the “Guaranty”), the registrant agreed to unconditionally and irrevocably guarantee to Wells Fargo the prompt and complete payment and performance of (a) all payment obligations owing by the Companies to Wells Fargo under or in connection with the Facility and any other governing agreements and any and all extensions, renewals, modifications, amendments or substitutions of the foregoing; (b) all expenses, including, without limitation, reasonable attorneys' fees and disbursements, that are incurred by Wells Fargo in the enforcement of any of the foregoing or any obligation of the registrant; and (c) any other obligations of the Companies with respect to Wells Fargo under each of the governing documents.  The Guaranty includes covenants that, among other things, limit the registrant's leverage and debt service ratios and require maintenance of certain levels of cash and net worth. RCC Real Estate was in compliance with all debt covenants as of December 31, 2012.
							At December 31, 2012, RCC Real Estate had borrowed $42.5 million (net of $23,000 of deferred debt issuance costs), all of which RSO had guaranteed.  At December 31, 2012, borrowings under the repurchase agreement were secured by highly-rated CMBS with an estimated fair value of $51.4 million and a weighted average interest rate of one-month LIBOR plus 1.32%, or 1.53%.  At December 31, 2011, RCC Real Estate had borrowed $41.0 million (net of $494,000 of deferred debt issuance costs), all of which RSO had guaranteed.  At December 31, 2011, borrowings under the repurchase agreement were secured by highly-rated CMBS with an estimated fair value of $47.1 million and a weighted average interest rate of one-month LIBOR plus 1.25%, or 1.54%. At December 31, 2012 and 2011, RSO had repurchase agreements of $20.4 million and $14.9 million, respectively, that were linked to CMBS purchases and accounted for as Linked Transactions, and as such, the linked repurchase agreements are not included in the borrowings table.
							The following table shows information about the amount at risk under this facility (dollars in thousands):
								Amount				Weighted Average Maturity in Days		Weighted Average Interest Rate
								at Risk (1)
							December 31, 2012:
							Wells Fargo Bank, National Association.	$	10,722			18		1.53%
							December 31, 2011:
							Wells Fargo Bank, National Association.	$	8,461			18		1.54%
							-1	Equal to the estimated fair value of securities or loans sold, plus accrued interest income, minus the sum of repurchase agreement liabilities plus accrued interest expense.
							-2	$12.2 million and $14.9 million of linked repurchase agreement borrowings are being included as derivative instruments as of December 31, 2012 and 2011, respectively.
							CRE - Term Repurchase Facility
							On February 27, 2012, RSO entered into a master repurchase and securities agreement with Wells Fargo Bank, National Association to finance the origination of commercial real estate loans.  The facility has a maximum amount of $150.0 million and an initial 18 month term with two one year options to extend.  RSO paid an origination fee of 37.5 basis points (0.375)%.  RSO guaranteed RCC Real Estate’s performance of its obligations under the repurchase agreement.  At December 31, 2012, RCC Real Estate had borrowed $58.8 million (net of $348,000 of deferred debt issuance costs), all of which RSO had guaranteed.  At December 31, 2012, borrowings under the repurchase agreement were secured by several commercial real estate loans with an estimated fair value of $85.4 million and a weighted average interest rate of one-month LIBOR plus 2.67%, or 2.88%.RSO had no borrowings under the facility as of December 31, 2011.
							The Facility contains customary events of default, including payment defaults, breaches of covenants and/or certain representations and warranties, cross-defaults, guarantor defaults, and the institution of bankruptcy or insolvency proceedings that remain unstayed.  The remedies for such events of default are also customary for this type of transaction and include the acceleration of all obligations of the Companies to repay the purchase price for purchased assets.
							The Facility also contains margin call provisions relating to a decline in the market value of an security. Under these circumstances, Wells Fargo may require the Companies to transfer cash in an amount sufficient to eliminate any margin deficit resulting from such a decline.
							Under the terms of the Facility and pursuant to a guarantee agreement dated February 27, 2012 (the “Guaranty”), the registrant agreed to unconditionally and irrevocably guarantee to Wells Fargo the prompt and complete payment and performance of (a) all payment obligations owing by the Companies to Wells Fargo under or in connection with the Facility and any other governing agreements and any and all extensions, renewals, modifications, amendments or substitutions of the foregoing; (b) all expenses, including, without limitation, reasonable attorneys' fees and disbursements, that are incurred by Wells Fargo in the enforcement of any of the foregoing or any obligation of the registrant; and (c) any other obligations of the Companies with respect to Wells Fargo under each of the governing documents.  The Guaranty  includes covenants that, among other things, limit the registrant's leverage and debt service ratios and require maintenance of certain levels of cash and net worth. RCC Real Estate was in compliance with all debt covenants as of December 31, 2012.
								Amount at				Weighted Average Maturity in Days		Weighted Average Interest Rate
								Risk (1)
							December 31, 2012:
							Wells Fargo Bank, National Association.	$	26,332			18		2.88%
							-1	Equal to the estimated fair value of securities or loans sold, plus accrued interest income, minus the sum of repurchase agreement liabilities plus accrued interest expense.
							CRE - Repurchase Facility
							On March 8, 2005, RSO entered into a master repurchase and securities agreement with Deutsche Bank Securities Inc. to finance the origination of commercial real estate loans. RSO guaranteed RCC Real Estate's performance of its obligations under the repurchase agreement. There is no stated maximum amount of the facility and the repurchase agreement has an initial 12 month term with monthly resets of one-month LIBOR plus 3.25%.   RSO had repaid all borrowings under this agreement as of December 31, 2012.
							Short-Term Repurchase Agreements
							On March 8, 2005, RSO entered into a master repurchase and securities agreement with Deutsche Bank Securities Inc. to finance the origination of CMBS and commercial real estate loans.  There is no stated maximum amount of the facility and the repurchase agreement has an initial 12 month term with monthly resets of interest rates.  RSO guaranteed RCC Real Estate’s performance of its obligations under the repurchase agreement.  At December 31, 2012, RCC Real Estate had borrowed $3.1 million, all of which RSO had guaranteed.  At December 31, 2012, borrowings under the repurchase agreement were secured by a CMBS bond with an estimated fair value of $5.1 million and a weighted average interest rate of one-month LIBOR plus 1.25%, or 1.46%.  RSO had no borrowings under this facility as of December 31, 2011.
							The following table shows information about the amount at risk under this facility (dollars in thousands);
								Amount				Weighted Average Maturity in Days		Weighted Average Interest Rate
								at Risk (1)
							December 31, 2012:
							Deutsche Bank Securities, Inc.	$	2,069			7		1.46%
							-1	Equal to the estimated fair value of securities or loans sold, plus accrued interest income, minus the sum of repurchase agreement liabilities plus accrued interest expense.
							On February 14, 2012, RSO entered into a master repurchase and securities agreement with Wells Fargo Securities, LLC to finance the origination of CMBS.  There is no stated maximum amount of the facility and the repurchase agreement has no stated maturity date with monthly resets of interest rates.  RSO guaranteed RCC Real Estate’s performance of its obligations under the repurchase agreement.  At December 31, 2012, RCC Real Estate had borrowed $5.4 million, all of which RSO had guaranteed.  At December 31, 2012, borrowings under the repurchase agreement were secured by two CMBS bonds with an estimated fair value of $8.5 million and a weighted average interest rate of one-month LIBOR plus 1.25%, or 1.46%.  RSO had no borrowings under this facility as of December 31, 2011.
							The following table shows information about the amount at risk under this facility (dollars in thousands);
								Amount				Weighted Average Maturity in Days		Weighted Average Interest Rate
								at Risk (1)
							December 31, 2012:
							Wells Fargo Securities, LLC	$	1,956			28		1.46	%
							-1	Equal to the estimated fair value of securities or loans sold, plus accrued interest income, minus the sum of repurchase agreement liabilities plus accrued interest expense.
							-2	$3.5 million of linked repurchase agreement borrowings are being included as derivative instruments as of December 31, 2012.
							On November 6, 2012, RSO entered into a master repurchase and securities agreement with JP Morgan Securities LLC to finance the origination of CMBS.  There is no stated maximum amount of the facility and the repurchase agreement has no stated maturity with monthly resets of interest rates.  At December 31, 2012, RCC Real Estate had borrowed $4.7 million, all of which RSO had guaranteed.  At December 31, 2012, borrowings under the repurchase agreement were secured by a CMBS bond with an estimated fair value of $7.2 million and a weighted average interest rate of one-month LIBOR plus 0.80%, or 1.01%.  RSO had no borrowings under this facility as of December 31, 2011.
							The following table shows information about the amount at risk under this facility (dollars in thousands);
								Amount				Weighted Average Maturity in Days		Weighted Average Interest Rate
								at Risk (1)
							December 31, 2012:
							JP Morgan Securities	$	2,544			11		1.01	%
							-1	Equal to the estimated fair value of securities or loans sold, plus accrued interest income, minus the sum of repurchase agreement liabilities plus accrued interest expense.
							-2	$4.7 million of linked repurchase agreement borrowings are being included as derivative instruments as of December 31, 2012.
							Revolving Credit Facility
							On July 7, 2011, RSO and RCC Real Estate entered into a $10.0 million revolving credit facility with TBBK.  The facility provided bridge financing for up to five business days, which enabled RSO and RCC Real Estate to fund real estate loans to third parties prior to their sale to RSO’s CRE CDOs.  TBBK entered into July 7, 2011.  The facility was secured by a pledge of $32.9 million of the Class A-1 notes of RREF CDO 2006-1, which are owned by RCC Real Estate.  RSO had no borrowings under this revolving credit facility as of December 31, 2012 and 2011. The note became due and payable on June 30, 2012 and was terminated.
							Mortgage Payable
							On August 1, 2011, RSO, through RCC Real Estate, purchased Whispertree Apartments, a 504 unit multi-family property located in Houston, Texas, for $18.1 million.  The property was 95% occupied at acquisition.  In conjunction with the purchase of the property, RSO entered into a seven year mortgage of $13.6 million with a lender.  The mortgage bears interest at a rate of one-month LIBOR plus 3.95%.  As of December 31, 2012 and 2011 the borrowing rate was 4.17% and 4.23%, respectively.
							Related party transactions - RSO
							Relationship with LEAF. LEAF originates and manages equipment leases and notes on behalf of RSO.
							On March 5, 2010, RSO entered into agreements with Lease Equity Appreciation Fund II, L.P. (“LEAF II”) (an equipment leasing partnership sponsored by LEAF Financial and of which a LEAF Financial subsidiary is the general partner), pursuant to which RSO provided an $8.0 million credit facility to LEAF II, of which all $8.0 million has been funded.  The credit facility had a one year term at 12% per year, payable quarterly, and was secured by all the assets of LEAF II Receivables Funding, LLC, including its entire ownership interest in LEAF II.  RSO received a 1% origination fee in connection with establishing the facility.  The facility originally matured on March 3, 2011 and was extended until September 3, 2011 with a 1% extension fee paid on the outstanding loan balance.  On June 3, 2011, RSO entered into an amendment to extend the maturity to February 15, 2012 and decrease the interest rate from 12% to 10% per annum resulting in a troubled-debt restructuring under current accounting guidance.  On February 15, 2012, the credit facility was further amended to extend the maturity to February 15, 2013 with a 1% extension fee accrued and added to the amount outstanding.  On January 11, 2013, RSO entered into another amendment to extend the maturity to February 15, 2014 with an additional 1% extension fee accrued and added to the amount outstanding. The loan amount outstanding at December 31, 2012 and 2011 was $6.8 million and 7.8 million, respectively.
							In the formation of LEAF, RSO received 31,341 shares of Series A Preferred Stock, 4,872 shares of newly issued 8% Series B Redeemable Preferred Stock and 2,364 shares of newly issued Series D Redeemable Preferred Stock, collectively representing, on a fully-diluted basis, a 26.7% interest in LEAF in exchange for its prior interest in LEAF.  RSO’s resulting interest is accounted for under the equity method.  For the year ended December 31, 2012, RSO recorded a loss of $3.3 million which was recorded in equity in earnings of unconsolidated subsidiaries on the consolidated statement of income.  No such loss was incurred for the year ended December 31, 2011. RSO’s investment in LEAF was valued at $33.1 million and $36.3 million as of December 31, 2012 and 2011, respectively.
							Relationship with CVC Credit Partners. On April 17, 2012, ACM, a former subsidiary of the Company, was sold to CVC, a joint venture entity in which the Company owns a 33% interest.  CVC Credit Partners manages internally and externally originated bank loan assets on RSO’s behalf.  On February 24, 2011, a subsidiary of RSO purchased 100% of the ownership interests in Churchill Pacific Asset Management LLC ("CPAM") from Churchill Financial Holdings LLC for $22.5 million.  CPAM subsequently changed its name to Resource Capital Asset Management ("RCAM"). Through RCAM, RSO is entitled to collect senior, subordinated and incentive fees related to five Collateralized Loan Obligation issuers (“CLO”) holding approximately $1.9 billion in assets managed by RCAM.  RCAM is assisted by CVC Credit Partners in managing the five CLOs.   CVC Credit Partners is entitled to 10% of all subordinated fees and 50% of the incentive fees received by RCAM.  For the years ended December 31, 2012 and 2011, CVC Credit Partners incurred subordinated fees of $800,000 and $1.0 million, respectively. In October 2012, RSO purchased 66.6% of the preferred equity in one of the RCAM CLOs.
							Relationship with TBBK. Walter Beach, a director of The Bancorp, Inc. since 1999, has also served as a director of RSO since March 2005. On March 14, 2011, RSO paid TBBK a loan commitment fee in the amount of $31,500 in connection with TBBK’s commitment to establish a credit facility for the benefit of RSO.  On July 7, 2011, RSO and RCC Real Estate entered into a $10.0 million revolving credit facility with TBBK.  The facility provided bridge financing for up to five business days, which enabled RSO and RCC Real Estate to fund real estate loans to third parties prior to their sale to RSO’s CRE CDOs.  The facility was evidenced by a Revolving Judgment Note and Security Agreement by and among the borrowers and Bancorp and was secured by a pledge of $32.9 million of the Class A-1 notes of RREF CDO 2006-1 and was owned by RCC Real Estate.  The note matured on June 30, 2012.  There were no outstanding borrowings as of December 31, 2012 or 2011.
							Relationship with Ledgewood.  Until 1996, Edward E. Cohen, a director who was RSO’s Chairman from its inception until November 2009, was of counsel to Ledgewood, P.C., a law firm.  In addition, one of RSO’s executive officers, Jeffrey F. Brotman, was employed by Ledgewood until 2007.  Mr. E. Cohen receives certain debt service payments from Ledgewood related to the termination of his affiliation with Ledgewood and its redemption of his interest in the firm.  Mr. Brotman also receives certain debt service payments from Ledgewood related to the termination of his affiliation with the firm.  For the years ended December 31, 2012 and 2011, RSO paid Ledgewood $438,000 and $238,000, respectively, in connection with legal services rendered to RSO.
							M.    Fair value of financial instruments
							In analyzing the fair value of its investments accounted for on a fair value basis, RSO follows the fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.  RSO determines fair value based on quoted prices when available or, if quoted prices are not available, through the use of alternative approaches, such as discounting the expected cash flows using market interest rates commensurate with the credit quality and duration of the investment.  The hierarchy followed defines three levels of inputs that may be used to measure fair value:
							Level 1 - Quoted prices in active markets for identical assets and liabilities that the reporting entity has the ability to access at the measurement date.
							Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the entire contractual term of the asset or liability.
							Level 3 - Unobservable inputs that reflect the entity’s own assumptions about the assumptions that market participants would use in the pricing of the asset or liability and are consequently not based on market activity, but rather through particular valuation techniques.
							The determination of where an asset or liability falls in the hierarchy requires significant judgment.  RSO evaluates its hierarchy disclosures each quarter; depending on various factors, it is possible that an asset or liability may be classified differently from quarter to quarter.  However, RSO expects that changes in classifications between levels will be rare.
							Certain assets and liabilities are measured at fair value on a recurring basis.  The following is a discussion of these assets and liabilities as well as the valuation techniques applied to each for fair value measurement.
							RSO reports its investment securities available-for-sale at fair value.  To determine fair value, RSO uses a dealer quote which typically will be the dealer who sold RSO the security.  RSO has been advised that, in formulating their quotes, dealers may use recent trades in the particular security, if any, market activity in similar securities, if any, or internal valuation models.  These quotes are non-binding.  Based on how dealers develop their quotes, market liquidity and levels of trading, RSO categorizes these investments as either Level 2 or Level 3 in the fair value hierarchy.  RSO evaluates the reasonableness of the quotes it receives by applying its own valuation models.  If there is a material difference between a quote RSO receives and the value indicated by its valuation models, RSO will evaluate the difference.  As part of that evaluation, RSO will discuss the difference with the dealer, who may revise its quote based upon these discussions.  Alternatively, RSO may revise its valuation models.
							RSO reports its investment securities, trading at fair value, which is based on a dealer quotes or bids which are validated using an income approach utilizing appropriate prepayment, default and recovery rates as well as an independent third-party valuation.  Any changes in fair value are recorded on RSO’s results of operations as net unrealized gain on investment securities, trading.
							The CMBS underlying RSO’s Linked Transactions are valued using the same techniques to those used for RSO’s other CMBS. The value of the underlying CMBS is then netted against the carrying amount (which approximates fair value) of the repurchase agreement borrowing at the valuation date. The fair value of Linked Transactions also includes accrued interest receivable on the CMBS and accrued interest payable on the underlying repurchase agreement borrowings. RSO’s Linked Transactions are classified as Level 2 or Level 3 in the fair value hierarchy.
							Derivatives (interest rate swaps and interest rate caps), both assets and liabilities, are reported at fair value, and are valued by a third-party pricing agent using an income approach with models that use, as their primary inputs, readily observable market parameters.  This valuation process considers factors including interest rate yield curves, time value, credit factors and volatility factors.  Although RSO has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by RSO and its counterparties.  RSO assesses the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and, if material, categorizes those derivatives within Level 3 of the fair value hierarchy.
							The following table presents information about RSO’s assets (including derivatives that are presented net) measured at fair value on a recurring basis and indicates the fair value hierarchy of the valuation techniques utilized by RSO to determine such fair value as follows (in thousands):
								Level 1				Level 2				Level 3				Total
							December 31, 2012:
							Assets:
							Investment securities, trading	$	—			$	—			$	24,843			$	24,843
							Investment securities available-for-sale	9,757				132,561				89,272				231,590
							CMBS - Linked Transactions	—				4,802				2,033				6,835
							Total assets at fair value	$	9,757			$	137,363			$	116,148			$	263,268
							Liabilities:
							Derivatives (net)	—				610				14,077				14,687
							Total liabilities at fair value	$	—			$	610			$	14,077			$	14,687
							December 31, 2011:
							Assets:
							Investment securities, trading	$	—			$	—			$	38,673			$	38,673
							Investment securities available-for-sale	—				121,031				19,835				140,866
							CMBS - Linked Transactions	—				2,275				—				2,275
							Total assets at fair value	$	—			$	123,306			$	58,508			$	181,814
							Liabilities:
							Derivatives (net)	—				1,210				12,000				13,210
							Total liabilities at fair value	$	—			$	1,210			$	12,000			$	13,210
							The following table presents additional information about assets which are measured at fair value on a recurring basis for which RSO has utilized Level 3 inputs (in thousands):
								Level 3
							Beginning balance, January 1, 2011	$	43,380
							Total gains or losses (realized/unrealized):
							Included in earnings	2,948
							Purchases	38,887
							Sales	(18,181		)
							Paydowns	(3,212		)
							Transfers out of Level 3	(4,437		)
							Unrealized losses – included in accumulated other comprehensive income	(877		)
							Beginning balance, January 1, 2012	58,508
							Total gains or losses (realized/unrealized):
							Included in earnings	14,105
							Purchases	8,341
							Sales	(37,632		)
							Paydowns	(2,012		)
							Unrealized gains (losses) – included in accumulated other comprehensive income	8,457
							Transfers from level 2	66,381
							Ending balance, December 31, 2012	$	116,148
							The following table presents additional information about liabilities which are measured at fair value on a recurring basis for which RSO has utilized Level 3 inputs (in thousands):
								Level 3
							Beginning balance, January 1, 2011	$	10,929
							Unrealized losses – included in accumulated other comprehensive income	1,071
							Beginning balance, January 1, 2012	12,000
							Unrealized losses – included in accumulated other comprehensive income	2,077
							Ending balance, December 31, 2012	$	14,077
							RSO had $4.6 million of losses included in earnings due to the other-than-temporary impairment charges of one assets during the year ended December 31, 2011. These losses are included in the consolidated statements of operations as net impairment losses recognized in earnings. There were no losses included in earnings due to other-than-temporary impairment charges during the year December 31, 2012.
							Loans held for sale consist of bank loans and commercial real estate loans (“CRE loans”) identified for sale due to credit concerns.  Interest on loans held for sale is recognized according to the contractual terms of the loan and included in interest income on loans.  The fair value of bank loans held for sale and impaired bank loans is based on what secondary markets are currently offering for these loans.  As such, RSO classifies these loans as nonrecurring Level 2.  For RSO’s CRE loans where there is no primary market, fair value is measured using discounted cash flow analysis and other valuation techniques and these loans are classified as nonrecurring Level 3. The amount of nonrecurring fair value losses for impaired loans for the years ended December 31, 2012 and 2011 was $7.8 million and $11.4 million, respectively, and is included in the consolidated statements of operations as provision for loan and lease losses.
							The following table summarizes the financial assets and liabilities measured at fair value on a nonrecurring basis and indicates the fair value hierarchy of the valuation techniques utilized by RSO to determine such fair value as follows (in thousands):
								Level 1				Level 2				Level 3				Total
							December 31, 2012:
							Assets:
							Loans held for sale	$	—			$	14,894			$	34,000			$	48,894
							Impaired loans	—				4,366				21,000				25,366
							Total assets at fair value	$	—			$	19,260			$	55,000			$	74,260
							December 31, 2011:
							Assets:
							Loans held for sale	$	—			$	3,154			$	—			$	3,154
							Impaired loans	—				1,099				—				1,099
							Total assets at fair value	$	—			$	4,253			$	—			$	4,253
							For Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis as of December 31, 2012, the significant unobservable inputs used in the fair value measurements were as follows (in thousands):
								Fair Value at				Valuation Technique		Significant		Significant
								31-Dec-12						Unobservable		Unobservable
														Inputs		Input Value
							Impaired loans	$	21,000			Discounted cash flow		Cap rate		10.00%
							Interest rate swap agreements	$	(14,687	)		Discounted cash flow		Weighted average credit spreads		4.98%
							RSO is required to disclose the fair value of financial instruments for which it is practicable to estimate that value.  The fair value of short-term financial instruments such as cash and cash equivalents, restricted cash, principal paydown receivable, interest receivable, distribution payable and accrued interest expense approximates their carrying value on the consolidated balance sheet.  The fair value of RSO’s investment securities-trading is reported in section D. Investment securities - trading section above. The fair value of RSO’s investment securities available-for-sale is reported in section E. Investment securities available-for-sale above.
							Loans held-for-investment:  The fair value of RSO’s Level 2 Loans held-for-investment was primarily measured using a third-party pricing service.  The fair value of RSO’s Level 3 Loans held-for-investment was measured by discounting the expected future cash flows using the current interest rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities.
							Loans receivable-related party are estimated by discounting the expected future cash flows using the current interest rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities.
							CDO notes are valued using the dealer quotes, typically the dealer who underwrote the CDO in which the notes are held.
							Junior subordinated notes are estimated by obtaining quoted prices for similar assets in active markets.
							The fair values of the Company’s remaining financial instruments that are not reported at fair value on the consolidated balance sheet are reported below (in thousands):
												Fair Value Measurements
								Carrying Amount				Fair Value				Quoted Prices in Active Markets for Identical Assets of Liabilities (Level 1)				Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
							December 31, 2012:
							Loans held-for-investment	$	1,793,780			$	1,848,617			$	—			$	1,186,642		$	661,975
							Loans receivable-related party	$	8,324			$	8,324			$	—			$	—		$	8,324
							CDO notes	$	1,614,883			$	1,405,124			$	—			$	1,405,124		$	—
							Junior subordinated notes	$	50,814			$	17,308			$	—			$	—		$	17,308
							December 31, 2011:
							Loans held-for-investment	$	1,772,063			$	1,755,541			$	—			$	1,142,638		$	612,903
							Loans receivable-related party	$	9,497			$	9,497			$	—			$	—		$	9,497
							CDO notes	$	1,689,413			$	1,034,060			$	—			$	1,034,060		$	—
							Junior subordinated notes	$	50,631			$	17,125			$	—			$	—		$	17,125
							RAI - Other VIEs
							Consolidated VIE - Real estate property
							The following table reflects the assets and liabilities of a real estate VIE which was included in the Company’s consolidated balance sheets (in thousands):
								September 30,				September 30,
								2012				2011
							Cash and property and equipment, net	$	727			$	944
							Accrued expenses and other liabilities	189				300
							In November 2012, the property underlying the loan was sold for a gain of $831,000 of which $793,000 was attributable to noncontrolling interests; as such, the Company will no longer consolidate the real estate VIE.
							VIEs not consolidated
							The Company’s investments in RRE Opportunity REIT, a fund that is currently in the offering stage, and its investments in the structured finance entities that hold investments in trust preferred assets (“Trapeza entities”) and asset-backed securities (“Ischus entities”), were all determined to be VIEs that the Company does not consolidate as it does not have the obligation of, or right to, losses or earnings that would be significant to those entities.  With respect to RRE Opportunity REIT, the Company has advanced offering costs that are being reimbursed as the REIT raises additional equity which is included in Receivables from manged entities and related parties, net on the Consolidated Balance Sheets.  Except for those advances, the Company has not provided financial or other support to these VIEs and has no liabilities, contingent liabilities, or guarantees (implicit or explicit) related to these VIEs at September 30, 2012.
							The following table presents the carrying amounts of the assets in the Company's consolidated balance sheets that relate to the Company's variable interests in identified nonconsolidated VIEs and the Company's maximum exposure to loss associated with these VIEs in which it holds variable interests at September 30, 2012 (in thousands):
								Receivables from				Investments				Maximum Exposure
								Managed Entities and								to Loss in
								Related Parties,								Non-consolidated VIEs
								Net (1)
							RRE Opportunity REIT	$	—			$	1,444			$	1,444
							Ischus entities	231				—				231
							Trapeza entities	—				967				967
								$	231			$	2,411			$	2,642
							-1	Exclusive of expense reimbursements due to the Company.
							Income Taxes
							RSO operates in such a manner as to quality as a REIT, under the provisions of the Internal Revenue Code of 1986, as amended (the "Code"); therefore, applicable REIT taxable income is included in the taxable income of RSO shareholders, to the extent distributed RSO. To maintain REIT status for federal income tax purposes, RSO is generally required to distribute at least 90% of its REIT taxable income to its shareholders as well as comply with certain other qualification requirements as defined under the Code. As a REIT, RSO is not subject to federal corporate income tax to extent that it distributes 100% of its REIT taxable income each year.
							Taxable income from non-REIT activities managed through RSO's taxable REIT subsidiaries is subject to federal, state and local income taxes. RSO's taxable REIT subsidiaries' income taxes are accounted for under the asset and liability method.  Under the asset and liability method, deferred income taxes are recognized for the temporary differences between the financial reporting basis and tax basis of assets and liabilities.
							The following table details the components of income taxes (in thousands):
								Years Ended December 31,
								2012				2011
							Provision (benefit) for income taxes:
							Current:
							Federal	$	11,497			$	7,839
							State	776				4,596
							Total current	12,273				12,435
							Deferred:
							Federal	1,769				(305		)
							State	560				(94		)
							Total deferred	2,329				(399		)
							Income tax provision (benefit)	$	14,602			$	12,036
							A reconciliation between the federal statutory income tax rate and effective income tax rate is as follows:
								Years Ended December 31,
								2012			2011
							Statutory tax	35	%		35	%
							State and local taxes, net of federal benefit	1	%		15	%
							Valuation allowance for deferred tax assets	—	%		—	%
							Subpart F income	13	%		11	%
							Basis difference in LEAF Commercial Capital investment	—	%		6	%
							Other items	5	%		—	%
								54	%		67	%
							The components of deferred tax assets and liabilities are as follows (in thousands):
								December 31,
								2012				2011
							Deferred tax assets related to:
							Investment in securities	$	118			$	119
							Intangible assets basis difference	2,557				490
							Federal, state and local loss carryforwards	45				17
							Capital loss carryforward	12				—
							Partnership investment	34				—
							Total deferred tax assets	2,766				626
							Valuation allowance	—				—
							Total deferred tax assets	$	2,766			$	626
							Deferred tax liabilities related to:
							Unrealized income/loss on investments	$	(4,286	)		$	(1,188	)
							Equity investments	(838		)		(394		)
							Basis difference in LEAF Commercial Capital investment	(185		)		(3,390		)
							Subpart F income	(3,067		)		(652		)
							Total deferred tax liabilities	$	(8,376	)		$	(5,624	)
							Apidos CDO I, Apidos CDO III and Apidos Cinco CDO, Apidos CLO VIII, and Whitney CLO I, RSO's foreign TRSs, are organized as exempted companies incorporated with limited liability under the laws of the Cayman Islands, and are generally exempt from federal and state income at the corporate level because their activities in the United States are limited to trading in stock and securities for their own account.  Therefore, despite their status as TRSs, they generally will not be subject to corporate tax on their earnings and no provision for income taxes is required; however, because they are “controlled foreign corporations,” RSO will generally be required to include Apidos CDO I's, Apidos CDO III's, Apidos Cinco CDO's, Apidos CLO VIII's, and Whitney CLO I's current taxable income in its calculation of REIT taxable income.
							On October 13, 2011, RSO acquired approximately 43% of the equity of Apidos CLO VIII, which is a foreign TRS, organized as an exempted company incorporated with limited liability under the laws of the Cayman Islands.  This equity is directly owned by a domestic TRS of RSO; therefore, its earnings are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax.  Accordingly, a provision for income taxes has been recorded.
							On October 27, 2011 RSO reorganized the ownership structure of Apidos CDO I and Apidos CDO III. As a result, the earnings from Apidos CDO I and Apidos CDO III are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax. On January 24, 2012, RSO reorganized the ownership structure of Apidos CDO I and Apidos CDO III.  As a result, for the period January 1, 2012 through January 23, 2012, the earnings from Apidos CDO I and Apidos CDO III are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax. For the period January 24, 2012 and ending December 31, 2012 the earnings from Apidos CDO I are included in RSO's calculation of REIT taxable income.
							On October 19, 2012, RSO acquired approximately 66% of the equity of Whitney CLO I, which is a foreign TRS, organized as an exempted company incorporated with limited liability under the laws of the Cayman Islands.  This equity is directly owned by a domestic TRS of RSO; therefore, its earnings are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax.  Accordingly, a provision for income taxes has been recorded.
							On November 12, 2012, RSO reorganized the ownership structure of Apidos Cinco CDO and Whitney CLO I.  As a result, for the period November 12, 2012 and ending December 31, 2012, the earnings from Apidos Cinco CDO and Whitney CLO I are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax. Accordingly, a provision for income taxes on the earnings from November 12, 2012 through December 31, 2012 has been recorded.
							On December 11, 2012, RSO reorganized the ownership structure of Apidos CDO III.  As a result, for the period from January 24, 2012 through December 10, 2012 the earnings from Apidos CDO III are included in RSO's calculation of REIT taxable income.  Also as a result of the reorganization on December 11, 2012, for the period December 11, 2012 and ending December 31, 2012, the earnings from Apidos CDO III are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax.
							Effective January 1, 2007, RSO adopted the provisions of FASB's guidance for uncertain tax positions. This implementation did not have an impact on RSO's balance sheet or results of operations. The guidance prescribes that a tax position should only be recognized if it is more likely than not that the position will be sustained upon examination by the appropriate taxing authority. A tax position that meets this threshold is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. RSO is required to disclose its accounting policy for classifying interest and penalties, the amount of interest and penalties charged to expense each period as well as the cumulative amounts recorded in the consolidated balance sheets. RSO will continue to classify any tax penalties as other operating expenses and any interest as interest expense. RSO does not have any unrecognized tax benefits that would affect RSO's financial position.
							As of December 31, 2012, income tax returns for the calendar years 2009 - 2012 remain subject to examination by Internal Revenue Service ("IRS") and/or any state or local taxing jurisdiction. RSO has not executed any agreements with the IRS or any state and/or local taxing jurisdiction to extend a statue of limitations in relation to any previous year.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Sep. 30, 2012
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	SUBSEQUENT EVENTS
	RAI - Real estate. In January 2013, the Company sold its 10% interest in a real estate joint venture to its partner for $3.0 million. The Company will continue to manage the asset and will receive property management fees in the future.
	RAI - Commercial Finance. As of November 21, 2013, the LEAF II loan was paid-off in full and, accordingly, the Company's guarantee for that loan has been terminated.
	RSO related subsequent events:
	On January 2, 2013, RSO sold two CRE whole loans which are classified as loans held for sale at December 31, 2012 for $34.0 million.
	On February 15, 2013, Olympic CLO I Ltd., one of the RCAM managed CLOs, with the consent of the Majority Preferred Shareholders, elected to redeem the outstanding notes in whole.
	In April 2013, RSO entered into another stock purchase agreement with LEAF to purchase shares of newly issued Series E Preferred Stock for $2.2 million. The Series E Preferred Stock has priority over the other classes of preferred stock.
	On April 2, 2013, RCC Real Estate, a subsidiary of RSO, entered into an amendment of its existing commercial real estate credit facility with Wells Fargo Bank, N.A. The amendment increases the size of the facility to $250.0 million and extends the current term of the facility to February of 2015 and provides two additional one year extension options at RSO’s discretion. RCC Real Estate paid an additional structuring fee of $101,000 and an extension fee of $938,000 in connection with the amendment and will amortize the additional fees over the term of the extension.
	On July 19, 2013, an indirect wholly-owned subsidiary of RSO entered into a $200.0 million Master Repurchase Agreement with Deutsche Bank AG to be used to finance RSO’s core commercial real estate lending business. The financing facility matures initially on July 19, 2014, with the right to extend an additional two years to July 16, 2016.
	On October 31, 2013, RSO acquired, through RCC Residential, Inc., its newly-formed taxable REIT subsidiary, a residential mortgage origination company, Primary Capital Advisors LC ("PCA"), an Atlanta based firm, for $8.4 million; consisting of $7.6 million in cash and $800,000 in shares of RSO common stock.  Of the $7.6 million cash consideration, $1.8 million was set aside in an escrow account as a contingency for potential purchase price adjustments.
	The Company has evaluated subsequent events through the filing of this form and determined that there have not been any events that have occurred that would require adjustments to the consolidated financial statements.

VALUATION_AND_QUALIFYING_ACCOU

VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
	Sep. 30, 2012
Valuation and Qualifying Accounts [Abstract]	'
Valuation and Qualifying Accounts	'
	Schedule II – Valuation and Qualifying Accounts
	(in thousands)
		Balance at Beginning of Year		Additions Charged to Costs and Expenses		Amounts Written-off Against the Allowance, Net of Recoveries				Balance at End of Year
	Allowance for management fees – commercial finance:
	September 30, 2012	$	8,312	$	16,766	$	—			$	25,078
	September 30, 2011	1,075		7,237		—				8,312
	September 30, 2010	—		1,852		(777		)		1,075
	Allowance for management fees – real estate:
	September 30, 2012	$	2,178	$	324	$	—			$	2,502
	September 30, 2011	—		2,178		—				2,178
	September 30, 2010	—		—		—				—
	Allowance for investments in real estate loans:
	September 30, 2012	$	—	$	—	$	—			$	—
	September 30, 2011	49		—		(49		)		—
	September 30, 2010	1,585		49		(1,585		)		49
	Allowance for investments in commercial finance assets:
	September 30, 2012	$	430	$	138	$	(568	)	(1)	$	—
	September 30, 2011	900		1,231		(1,701		)		430
	September 30, 2010	3,210		3,307		(5,617		)		900
	Allowance for investments in loans held for investment:
	September 30, 2012	$	—	$	—	$	—			$	—
	September 30, 2011	—		—		—				—
	September 30, 2010	—		1		(1		)		—
	Allowance for rent receivables:
	September 30, 2012	$	15	$	18	$	—			$	33
	September 30, 2011	—		15		—				15
	September 30, 2010	—		—		—				—
	(1)    Includes a $482,000 reduction due to the deconsolidation of LEAF.

REAL_ESTATE_AND_ACCUMULATED_DE

REAL ESTATE AND ACCUMULATED DEPRECIATION (Notes)	12 Months Ended
	Sep. 30, 2012
Real Estate and Accumulated Depreciation Disclosure [Abstract]	'
Real Estate and Accumulated Depreciation Disclosure [Text Block]	'
	SCHEDULE III
	Real Estate and Accumulated Depreciation
	September 30, 2012
	(dollars in thousands)
	Column A		Column B			Column C			Column D		Column E		Column F		Column G	Column H	Column I
	Description		Encumbrances			Initial Cost to Company			Cost Capitalized Subsequent to Acquisition		Gross Amount at which Carried at Close of Period		Accumulated Depreciation		Date of Construction	Date Acquired	Life on Which Depreciation in Latest Income is Computed
						Buildings and Land Improvements			Improvements Carrying Costs		Buildings and Land Improvements Total
	Real Estate Owned:
	Hotel Savannah, GA		$	10,531		$	10,187		$	2,376	$	16,849	$	5,230	1853	6/30/05	40 years
	Commercial Philadelphia, PA		—			2,874			585		1,268		362		1924	1/9/09	37 years
	Assets of Consolidated Variable Interest Entity (a):
	Commercial Retail Elkins West, WV		—			1,600			—		1,511		784		1963	7/1/03	40 years
			$	10,531		$	14,661		$	2,961	$	19,628	$	6,376
	(a)	The date acquired reflects the date the Company adopted the provisions of FASB Accounting Standards Codification, or ASC, section 810-10.  Amounts as reflected for the variable interest entity are on a one-quarter lag as permitted under ASC 810-10.
	Based on an internal assessment of fair value, the Company determined that the office building was impaired and, accordingly, recorded a charge of $2.2 million in fiscal 2012. The Company received an offer for the sale of the commercial property, which is consolidated through a VIE. The offer was below the book value of the asset and, accordingly, the Company recorded an impairment charge of $89,000 during fiscal 2012. The property was subsequently sold in November 2012.
		Years Ended September 30,
		2012			2011			2010
	Balance, beginning of year	$	23,467		$	23,234		$	25,241
	Additions:
	Improvements	307			233			293
		23,774			23,467			25,534
	Deductions:
	Cost of real estate sold	—			—			2,300
	Other - write down	2,280			—			—
	LEAF deconsolidation	1,866			—			—
	Balance, end of year	$	19,628		$	23,467		$	23,234

INVESTMENTS_IN_MORTGAGE_LOANS_

INVESTMENTS IN MORTGAGE LOANS ON REAL ESTATE	12 Months Ended
	Sep. 30, 2012
Mortgage Loans on Real Estate [Abstract]	'
Mortgage Loans on Real Estate	'
	SCHEDULE IV
	Mortgage Loans on Real Estate
	September 30, 2012
	(in thousands)
		Years Ended September 30,
		2012		2011			2010
	Balance, beginning of year	$	—	$	49		$	4,447
	Additions:
	Other	—		—			2,027
		—		49			6,474
	Deductions:
	Collections of principal	—		—			4,840
	Charge-offs	—		(49		)	1,585
		—		(49		)	6,425
	Balance, end of year	$	—	$	—		$	49

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Sep. 30, 2012
Accounting Policies [Abstract]	'
Principles of Consolidation	'
	The consolidated financial statements reflect the Company's accounts and the accounts of the Company's majority-owned and/or controlled subsidiaries. The Company follows the provisions of Accounting Standards Codification (“ASC”) Topic 810, “Consolidation,” and accordingly consolidates entities that are variable interest entities (“VIEs”) where it has determined that it is the primary beneficiary of such entities. Once it is determined that the Company holds a variable interest in a VIE, management must perform a qualitative analysis to determine (i) if the Company has the power to direct the matters that most significantly impact the VIE's financial performance; and (ii) if the Company has the obligation to absorb the losses of the VIE that could potentially be significant to the VIE or the right to receive the benefits of the VIE that could potentially be significant to the VIE. If the Company's interest possesses both of these characteristics, the Company is deemed to be the primary beneficiary and would be required to consolidate the VIE. The Company will continually assess its involvement with VIEs and reevaluate the requirement to consolidate them. The portions of these entities that the Company does not own are presented as noncontrolling interests as of the dates and for the periods presented in the consolidated financial statements.
	Variable interests in the Company's real estate segment have historically related to subordinated financings in the form of mezzanine loans or unconsolidated real estate interests. As of September 30, 2012 and 2011, the Company had one real estate variable interest that it consolidated. The property underlying this loan was subsequently sold in November 2012 and the loan was resolved. See Note 26 for additional disclosures pertaining to VIEs.
	All intercompany transactions and balances have been eliminated in the Company's consolidated financial statements.
Reclassifications and Revisions	'
	Certain reclassifications and revisions have been made to the fiscal 2011 consolidated financial statements to conform to the fiscal 2012 presentation.
Use of Estimates	'
	Preparation of the Company's consolidated financial statements in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and costs and expenses during the reporting period. The Company makes estimates of its allowance for credit losses, the valuation allowance against its deferred tax assets, discounts and collectability of management fees, the valuation of stock-based compensation, and in determining whether a decrease in the fair value of an investment is an other-than-temporary impairment. The financial fund management segment makes assumptions in determining the fair value of its investments in investment securities and in estimating the liability, if any, for clawback provisions on certain of its partnership interests. The Company used assumptions, specifically inputs to the Black-Scholes pricing model and the discounted cash flow model, in computing the fair value of the Senior Notes and warrants that it issued in September and October 2009. Actual results could differ from these estimates.
	Prior to the deconsolidation of LEAF, significant estimates specifically for the commercial finance segment included the unguaranteed residual values of leased equipment, servicing liabilities and repurchase obligations, allowance for lease and loan losses, impairment of long-lived assets and goodwill, and the fair values and effectiveness of interest rate swaps.
Investments in Unconsolidated Loan Manager	'
	The Company's interest in CVC Credit Partners and the Company's preferred equity interest in Apidos-CVC is included in Investments in Unconsolidated Loan Manager on the consolidated balance sheets. The Company accounts for its investment in CVC Credit Partners based on the equity method since the Company has the ability to exercise significant influence over the partnership.
	The Company accounts for its preferred equity interest in Apidos-CVC on the cost method. As the incentive fees underlying the preferred equity are received, 75% will be distributed to the Company which will initially be recorded as income, net of any contractual amounts due to third-parties. On a quarterly basis, the Company will evaluate the investment for impairment by estimating the fair value of the expected future cash flows from the incentive management fees. If the estimated fair value is less than the cost basis of the preferred shares, the preferred equity interest will be deemed to be impaired. If the Company determines that the shortfall is other-than-temporary, the impairment will be recorded as a reduction of the preferred equity interest by reducing the revenues previously recorded on these preferred shares. To the extent that the investment in preferred equity has been reduced to zero, all subsequent distributions will be recorded as income.
Investments in Unconsolidated Entities	'
	The Company accounts for the investments it has in the real estate, financial fund management and commercial finance investment entities it has sponsored and manages primarily under the equity method of accounting since the Company has the ability to exercise significant influence over the operating and financial decisions of these entities.  To the extent that there is a negative balance in the investment for any of these entities, these balances are reclassified to reduce any receivable from such entities. The Company accounts for its investment in Resource Real Estate Opportunity REIT, Inc. (“RRE Opportunity REIT”) on the cost method since the Company owns less than 1% of the shares outstanding. The Company will evaluate these investments for impairment on a quarterly basis. There were no identified events that had a significant adverse effect on these investments and, as such, no impairment was recorded.
	Real estate. The Company has sponsored and manages nine real estate limited partnerships, four limited liability companies, a corporation operating as a REIT and six tenant in common (“TIC”) property interest programs that invest in multifamily residential properties.
	Financial fund management.  In the Financial Fund Management operations, the Company holds the following interests in unconsolidated entities:
	•	general and limited partnership interests in seven company-sponsored and managed partnerships that invest in regional bank, and a limited partnership interest in an affiliated partnership organized as a credit opportunities fund that invests in bank loans and high yield bonds; and
	•	equity interests in two unconsolidated loan managers that manage trust preferred securities which are held by 13 separate CDOs.
	Commercial finance.  The Company has interests in four company-sponsored commercial finance investment partnerships.
Concentration of Credit Risk	'
	The Company’s receivables from managed entities are comprised of unsecured amounts due from its investment entities and other affiliated entities, which the Company has sponsored and manages.  The Company evaluates the collectability of these receivables and records an allowance to the extent any portion of that receivable is determined to be uncollectible.  Additionally, the Company records a discount where it determines that any of the entities will be unable to repay the Company in the near term.  In the event that any of these entities fail, the corresponding receivable balance would be at risk.
	Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of periodic temporary investments of cash and restricted cash.  The Company places its temporary cash investments and restricted cash in high quality short-term money market instruments with high-quality financial institutions and brokerage firms.
Restricted Cash	'
	The Company's restricted cash balance was substantially eliminated with the November 2011 deconsolidation of LEAF.
Foreign Currency Translation	'
	Foreign currency transaction gains and losses of the Company’s European operations are recognized in the determination of net income.  Foreign currency translation adjustments related to these operations are included in net income.
Revenue Recognition	'
	The quarterly incentive compensation to the Company is payable seventy-five percent (75%) in cash and twenty-five percent (25%) in restricted shares of RSO common stock.  The Company may elect to receive more than 25% of its incentive compensation in RSO restricted stock.  However, the Company’s ownership percentage in RSO, direct and indirect, cannot exceed 15%.  All shares are fully vested upon issuance, provided that the Company may not sell such shares for one year after the incentive compensation becomes due and payable.  The restricted stock is valued at the average of the closing prices of RSO common stock over the thirty-day period ending three days prior to the issuance of such shares.
	Under a fee agreement, in connection with the April 2012 sale of Apidos to CVC, the Company must remit a portion of the base management fee and incentive compensation it receives from RSO to Apidos-CVC for advisory services in managing the portfolio of CLOs. The percentage paid to Apidos-CVC is determined by dividing the equity RSO holds in four Apidos CLOs by the calculated equity used to determine the base management fee. Any incentive compensation paid to Apidos-CVC excludes non-recurring items unrelated to Apidos-CVC.
	The management fees that were waived are not deferrals and accordingly, will not be paid by the commercial finance investment entities. The ability of these entities to pay future management fees is uncertain.  A discount is recorded where payment will not be received timely and an allowance is recorded where payment is determined to be uncollectible.  Prior to the deconsolidation of LEAF, the Company was paid for the operating and administrative expenses it incurred to manage these entities.
	Revenue Recognition – Rental income
	Rental revenue is primarily derived from an 86-room boutique hotel in Savannah, Georgia, which is 80% owned by the Company.  The Company recognizes the room rental revenue on a daily basis.  The Company also derives rental revenue on retail space in the hotel and office space in the office building that the Company owns located in Philadelphia, Pennsylvania.  The income from these leases is recognized over the term of the lease as earned.  Some of the leases include rent abatements and scheduled rent increases over the lease terms, which are accounted for on a straight-line basis.  Tenant reimbursements are recognized in the period that the related costs are incurred. Percentage rent is recognized when the tenant's reported sales have reached certain levels specified in the respective lease.
	These fees have been allocated and, accordingly, were reported as revenues by each of the Company’s operating segments. The Company reports these fees as an adjustment to the consolidated revenues of RSO in consolidation to reflect the compensation arrangement between the Company and RSO that would have otherwise been eliminated in consolidation. Under the terms of the management agreement with RSO, the Company is entitled to base management and incentive management fees and the reimbursement of out-of-pocket expenses.
	Real estate fees.  The Company records acquisition fees of 1% to 2% of the net purchase price of properties acquired by real estate investment entities it sponsors and financing fees equal to 0.5% to 1.75% of the debt obtained or assumed related to the properties acquired.  In addition, the company receives debt origination fees which range from 0.5% to 5.0% debt origination fee on the purchase price of real estate debt investments acquired on behalf of real estate investment entities. The Company recognizes these fees when its sponsored entities acquire the properties and obtain the related financing.
	The Company records a monthly property management fee equal to 4.5% to 5% of the gross operating revenues from the underlying properties and a monthly debt management fee equal to 0.167% (2% per year) of the gross offering proceeds deployed in debt investments.  The Company recognizes these fees monthly when earned.
	Additionally, the Company records an annual investment management fee from its limited partnerships equal to 1% of the gross offering proceeds of each partnership.  The Company records an annual asset management fee from its TIC programs equal to 1% to 2% of the gross revenues from the properties.  These investment management fees and asset management fees are recognized monthly when earned and are discounted to the extent that these fees are not expected to be paid timely.
	The Company records quarterly asset management fees from its joint ventures with an institutional partner, which range from 0.833% to 1% per annum of the gross funds invested in distressed real estate loans and assets.  The Company recognizes these fees monthly.
	Financial fund management fees. The Company earns monthly investment and management fees on assets held in CDOs on behalf of institutional and individual investors.  These fees, which vary by CDO, range between 0.10% and 0.35% of the aggregate principal balance of eligible collateral held by the CDOs.  These investment management fees and asset management fees are recognized monthly when earned and are discounted to the extent that these fees are deferred.  Additionally, the Company records fees for managing the assets held by the partnerships or funds it has sponsored and for managing their general operations.  These fees, which vary by limited partnership, range between 0.75% and 2% of the partnership or fund capital balance.
	The Company also enters into management or advisory agreements for managing the assets held by third-parties.  These fees, which vary by agreement, are recognized monthly when earned.
	Introductory agent fees.  The Company earns fees for acting as an introducing agent for transactions involving sales of securities of financial services companies, REITs and insurance companies.  The Company recognizes these fees monthly when earned.
	Commercial finance fees.  Prior to the November 2011 deconsolidation of LEAF, the Company recorded acquisition fees from its leasing investment entities (based on a percentage of the cost of the leased equipment acquired) as compensation for expenses incurred by the Company for those acquisitions.  The fees, which ranged from 1% to 2%, were earned at the time of the sale of the related leased equipment to the investment entities.  The Company also had recorded management fees from its investment entities for managing and servicing the leased assets acquired when the service was performed.  The payment of such fees to the Company by each entity is contingent upon the partners receiving specified annual distributions from each entity.
	RSO management fees.  The Company earns base management and incentive management fees for managing RSO.  In addition, the Company is reimbursed for its expenses incurred on behalf of RSO and its operations and for property management fees.  Management fees, property management fees and reimbursed expenses are recognized monthly when earned.
Stock Based Compensation	'
	The Company values the restricted stock it issues based on the closing price of its stock on the date of grant.  For stock option awards, the Company determines the fair value by applying the Black-Scholes pricing model.  These equity awards are amortized to compensation expense over the respective vesting period, less an estimate for forfeitures.
Earnings (Loss) Per Share	'
	Basic earnings (loss) per share (“Basic EPS”) is determined by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period, including participating securities.  Diluted earnings (loss) per share (“Diluted EPS”) is computed by dividing net income (loss) by the sum of the weighted average number of shares of common stock outstanding including participating securities, as well as after giving effect to the potential dilution from the exercise of securities, such as stock options and warrants, into shares of common stock as if those securities were exercised.
Financing Receivables	'
	Receivables from Managed Entities.  The Company performs a review of the collectability of its receivables from managed entities on a quarterly basis.  If upon review there is an indication of impairment, the Company will analyze the future cash flows of the managed entity.  With respect to the receivables from its commercial finance investment partnerships, this takes into consideration several assumptions by management, primarily concerning estimations of future bad debts and recoveries.  For the receivables from the real estate investment entities for which there are indications of impairment, the Company estimates the cash flows through the sale of the underlying properties, which is based on projected net operating income as a multiple of published capitalization rates, which is then reduced by the underlying mortgage balances and priority distributions due to the investors in the entity.
	Investments in Commercial Finance.  Prior to the deconsolidation of LEAF in November 2011, the Company’s investments in commercial finance, consisted primarily of direct financing leases, equipment loans, and operating leases.
	Direct financing leases.  Certain of the Company’s lease transactions were accounted for as direct financing leases (as distinguished from operating leases).  Such leases transferred substantially all benefits and risks of equipment ownership to the customer.  The Company’s investment in direct financing leases consisted of the sum of the total future minimum contracted payments receivable and the estimated unguaranteed residual value of leased equipment, less unearned finance income.  Unearned finance income, which was recognized as revenue over the term of the financing by the effective interest method, represented the excess of the total future minimum lease payments plus the estimated unguaranteed residual value expected to be realized at the end of the lease term over the cost of the related equipment.  Initial direct costs incurred in the consummation of the lease were capitalized as part of the investment in lease receivables and amortized over the lease term as a reduction of the yield.  The Company discontinued recognizing revenue for leases and loans for which payments were more than 90 days past due.  Fees from delinquent payments were recognized when received.
	Equipment loans. For term loans, the investment consisted of the sum of the total future minimum loan payments receivable less unearned finance income.  Unearned finance income, which was recognized as revenue over the term of the financing by the effective interest method, represented the excess of the total future minimum contracted payments over the original cost of the loan.  For all other loans, interest income was recorded at the stated rate on the accrual basis to the extent that such amounts were expected to be collected.
	Operating leases.  Leases not meeting any of the criteria to be classified as direct financing leases were deemed to be operating leases.  The cost of the leased equipment, including acquisition fees associated with lease placements, was recorded as an asset and depreciated on a straight-line basis over the equipment’s estimated useful life, generally up to seven years.  Rental income consisted primarily of monthly periodic rental payments due under the terms of the leases.  The Company recognized rental income on a straight-line basis.
	During the lease term of operating leases, the Company was prepared to remarket the equipment to the extent it was not able to recover the related cost and expenses of the equipment.  The Company’s policy was to review, on at least a quarterly basis, the expected economic life of its rental equipment in order to determine the recoverability of its undepreciated cost.  The Company would write down its rental equipment to its estimated net realizable value when it is probable that its carrying amount exceeded such value and the excess could be reasonably estimated; gains were only recognized upon actual sale of the rental equipment.  There were no write-downs of equipment during fiscal 2012, 2011, or 2010.
	Future payment card receivables.  Additionally, the Company had provided capital advances to small businesses based on future credit card receipts.  The entire portfolio of future payment card receivables was on the cost recovery method whereby no income was recognized until the basis of the future payment card receivable had been fully recovered.
	Allowance for credit losses.  The Company evaluated the adequacy of the allowance for credit losses in commercial finance (including investments in leases and loans and future payment card receivables) based upon, among other factors, management’s historical experience with the commercial finance portfolios it managed, an analysis of contractual delinquencies, economic conditions and trends, industry statistics and equipment finance portfolio characteristics, as adjusted for expected recoveries.  In evaluating historic performance of leases and loans, the Company performed a migration analysis, which estimates the likelihood that an account progressed through delinquency stages to ultimate write-off.  The Company fully reserved, net of recoveries, all leases and loans after they were 180 days past due.
Loans	'
	Real estate loans.  Real estate loans that management has the intent and ability to hold for the foreseeable future, or until maturity or payoff, are stated at the amount of unpaid principal, reduced by unearned income and an allowance for credit losses, if necessary.  These loans are included in Investments in Real Estate in the consolidated balance sheets. Interest on these loans is calculated based upon the principal amount outstanding.  Accrual of interest is stopped on a loan when management believes, after considering economic factors, business conditions and collection efforts that the borrower’s financial condition is such that collection of interest is doubtful.
	An impaired real estate loan may remain on accrual status during the period in which the Company is pursuing repayment of the loan; however, the loan is placed on non-accrual status at such time as (i) management believes that contractual debt service payments will not be met; or (ii) the loan becomes 90 days delinquent; and (iii) management determines the borrower is incapable of, or has ceased efforts toward, curing the cause of the impairment.  While on non-accrual status, the Company recognizes interest income only when an actual payment is received.  Loans are charged off after being on non-accrual for a period of one year.
	The Company maintains an allowance for credit losses for real estate loans at a level deemed sufficient to absorb probable losses.  The Company considers general and local economic conditions, neighborhood values, competitive overbuilding, casualty losses and other factors that may affect the value of real estate loans.  The value of loans and real estate may also be affected by factors such as the cost of compliance with regulations and liability under applicable environmental laws, changes in interest rates and the availability of financing.  Income from a property will be reduced if a significant number of tenants are unable to pay rent or if available space cannot be rented on favorable terms.  In addition, the Company reviews all credits on a quarterly basis and continually monitors collections and payments from its borrowers and maintains an allowance for credit losses based upon its historical experience and its knowledge of specific borrower collection issues.  The Company reduces its investments in real estate loans and real estate by an allowance for amounts that may become unrealizable in the future.
Investment Securities	'
	The Company’s investment securities available-for-sale, including investments in the CLO issuers it sponsored, are carried at fair value.  The fair value of the CLO investments is based primarily on internally-generated expected cash flow models that require significant management judgment and estimates due to the lack of market activity and the use of unobservable pricing inputs.  Investments in affiliated entities, including holdings in The Bancorp, Inc. (“TBBK”) (NASDAQ: TBBK), are valued at the closing price of the respective publicly-traded stock.  The fair value of the cumulative net unrealized gains and losses on these investment securities, net of tax, is reported through accumulated other comprehensive income and loss.  Realized gains and losses on the sale of investments are determined on the trade date on the basis of specific identification and are included in net operating results.
	The Company recognizes a realized loss when it is probable there has been an adverse change in estimated cash flows of the security holder from what had been previously estimated.  The security is then written down to fair value, and the unrealized loss is transferred from accumulated other comprehensive loss to the consolidated statements of operations as a charge to current earnings.  The cost basis adjustment for an other-than-temporary impairment would be recoverable only upon the sale or maturity of the security.
	Periodically, the Company reviews the carrying value of its available-for-sale securities.  If the Company deems an unrealized loss to be other-than-temporary, it will record an impairment charge.  The Company’s process for identifying other-than-temporary declines in the fair value of its investments involves consideration of (i) the duration of a significant decline in value, (ii) the liquidity, business prospects and overall financial condition of the issuer, (iii) the magnitude of the decline, (iv) the collateral structure and other credit support, as applicable, and (v) the more-than-likely intention of the Company to hold the investment until the value recovers. When the analysis of the above factors results in a conclusion that a decline in fair value is other-than-temporary, an impairment charge is recorded and the cost of the investment is written down to fair value.
	The Company purchased investment securities classified as trading during fiscal 2012. Trading securities are recorded at fair value with unrealized holding gains and losses reported in revenues by operating segment. The Company utilizes trade date accounting to record the purchases and sales of trading securities. The cost of a security is determined using the specific identification method. Earnings from trading securities, primarily reported net, are comprised of realized and unrealized gains and losses from sales of trading securities, mark to market adjustments to fair value, gains and losses related to foreign currency commissions from riskless principal trades, and gains and losses from other security transactions, if any. The Company utilizes third-party dealer quotes or bids and recent transactions to estimate the fair value of these securities. In fiscal 2011, the Company held shares of TBBK common stock in a benefit plan for a former executive (see Note 20). The shares, which were also classified as trading, were valued at the closing price of the stock with unrealized gains and losses included in Other Income in the consolidated statements of operations.
	The Company recognizes dividend income on its investment securities classified as available-for-sale on the ex-dividend date.
Property and Equipment	'
	Property and equipment, which includes amounts recorded under capital leases, are stated at cost.  Depreciation and amortization are based on cost, less estimated salvage value, using the straight-line method over the asset’s estimated useful life.  Maintenance and repairs are expensed as incurred.  Major renewals and improvements that extend the useful lives of property and equipment are capitalized. The amortization of assets classified under capital leases is included in depreciation and amortization expense.
Accounting for Income Taxes	'
	The objectives of accounting for income taxes are to recognize the amount of taxes payable or refundable for the current year and to recognize deferred tax liabilities and assets for the future tax consequences of events that have been recognized in the Company’s consolidated financial statements or tax returns.
	The Company adjusts the balance of its deferred taxes to reflect the tax rates at which future taxable amounts will likely be settled or realized.  The effects of tax rate changes on deferred tax liabilities and deferred tax assets, as well as other changes in income tax laws, are recognized in net earnings in the period during which such changes are enacted.  Valuation allowances are established and adjusted, when necessary, to reduce deferred tax assets to the amounts expected to be realized.  The Company assesses its ability to realize deferred tax assets primarily based on tax planning strategies.
	A tax position should only be recognized if it is more likely than not that the position will be sustained upon examination by the appropriate taxing authority.  A tax position that meets this threshold is measured as the largest amount of benefit that is greater than 0 percent likely of being realized upon ultimate settlement.  The Company classifies any tax penalties as general and administrative expenses and any interest as interest expense. The Company does not have any unrecognized tax benefits that would affect the effective tax rate.
Goodwill and Intangible Assets	'
	Prior to the deconsolidation of LEAF, goodwill and other intangible assets with an indefinite life were not amortized.  Instead, a review for impairment was performed at least annually or more frequently if events and circumstances indicated impairment might have occurred.  The Company tested its goodwill at the reporting unit level using a two-step process.  The first step was a screen for potential impairment by comparing the fair value of a reporting unit to its carrying value.  If the fair value of a reporting unit exceeded the carrying value of the net assets assigned to a reporting unit, goodwill was considered not impaired and no further testing was required.  If the fair value was less than the carrying value, step two was completed to measure the amount of impairment, if any.  No impairment charge was recognized on the goodwill.
	The Company utilized several approaches, including discounted expected cash flows, market data and comparable sales transactions to estimate the fair value of its reporting unit for its impairment review of goodwill.  Those approaches required assumptions and estimates of many critical factors, including revenue and market growth, operating cash flows, market multiples, and discount rates, which were based on the existing economic environment and credit market conditions.
	In the January 2011 formation of LEAF, the $8.0 million balance of goodwill was transferred from LEAF Financial to LEAF and, as a result of the November 2011 LEAF Transaction, was deconsolidated from the Company's balance sheets.
	Long-lived assets and identifiable intangibles with finite lives were reviewed for impairment whenever events or changes in circumstances indicated that the carrying amount of the asset may not be recoverable.  Recoverability of assets to be held and used was measured by a comparison of the carrying amount of the asset to future undiscounted net cash flows expected to be generated by the asset.  If such assets are considered to be impaired, the impairment recognized was measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets.  Assets to be disposed of were reported at the lower of the carrying amount or fair value less costs to sell.
	In fiscal 2007, the Company acquired customer relationships with third-party lease originators, which it classified as a customer related intangible asset.  The Company amortized this intangible asset over its expected useful life and monitored it for recoverability.  During fiscal 2010, the Company determined that this asset ceased to have future value and, accordingly, recorded a $2.8 million impairment loss for the remaining unamortized balance.
Derivative Instruments	'
	As a result of the November 2011 LEAF Transaction, the derivative contracts held by LEAF were deconsolidated from the Company's consolidated balance sheets.
	Historically, LEAF entered into derivative contracts, including interest rate swaps, to add stability to its financing costs and to manage its exposure to interest rate movements or other identified risks, which it designated as cash flow hedges.  The contracts or hedge instruments were evaluated at inception and at subsequent balance sheet dates to determine if they continued to qualify for hedge accounting and, accordingly, derivatives were recognized on the consolidated balance sheets at fair value, as either assets or liabilities.  Changes in the estimated fair value of these derivatives were reflected in Accumulated Other Comprehensive Income (Loss) to the extent that it was effective.  Any ineffective portion of a derivative’s change in fair value was recognized in earnings.
	Before it entered into a derivative transaction for hedging purposes, LEAF would determine whether a high degree of initial effectiveness existed between the change in the value of the hedged forecasted transaction and the change in the value of the derivative from a movement in interest rates.  LEAF measured the effectiveness of each cash flow hedge throughout the hedge period.  Any hedge ineffectiveness on cash flow hedging relationships was recognized in earnings.
Recent Accounting Standards	'
	Newly-Adopted Accounting Principle
	Comprehensive income (loss). In June 2011, the Financial Accounting Standards Board (“FASB”) issued an amendment to eliminate the option to present components of other comprehensive income (loss) as part of the statement of changes in stockholders' equity. The amendment requires that all non-owner changes in stockholders' equity be presented either in a single continuous statement of comprehensive income (loss) or in two separate but consecutive statements. In the two-statement approach, the first statement should present total net income (loss) and its components followed consecutively by a second statement that should present total other comprehensive income (loss), the components of other comprehensive income (loss), and the total of comprehensive income (loss). In December 2011, the FASB updated the guidance to defer the requirement related to the presentation of reclassification adjustments. The Company early adopted this disclosure requirement and has included the Statements of Comprehensive Income (Loss).
	The Company’s adoption of the following standard during fiscal 2012 did not have a material impact on its consolidated financial position, results of operations or cash flows:
	Fair value measurements. In May 2011, the FASB issued an amendment to revise the wording used to describe the requirements for measuring fair value and for disclosing information about fair value measurements. For many of the requirements, the FASB did not intend for the amendments to result in a change in the application of the current requirements. Some of the amendments clarify the FASB's intent about the application of existing fair value measurement requirements, such as specifying that the concepts of highest and best use and valuation premise in a fair value measurement are relevant only when measuring the fair value of nonfinancial assets. Other amendments change a particular principle or requirement for measuring fair value or for disclosing information about fair value measurements such as specifying that, in the absence of a Level 1 input, a reporting entity should apply premiums or discounts when market participants would do so when pricing the asset or liability. This guidance became effective for the Company beginning January 1, 2012 and, accordingly, the Company has presented the required disclosures

VARIABLE_INTEREST_ENTITIES_Pol

VARIABLE INTEREST ENTITIES (Policies)	12 Months Ended
	Sep. 30, 2012
Variable Interest Entity [Line Items]	'
Use of Estimates	'
	Preparation of the Company's consolidated financial statements in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and costs and expenses during the reporting period. The Company makes estimates of its allowance for credit losses, the valuation allowance against its deferred tax assets, discounts and collectability of management fees, the valuation of stock-based compensation, and in determining whether a decrease in the fair value of an investment is an other-than-temporary impairment. The financial fund management segment makes assumptions in determining the fair value of its investments in investment securities and in estimating the liability, if any, for clawback provisions on certain of its partnership interests. The Company used assumptions, specifically inputs to the Black-Scholes pricing model and the discounted cash flow model, in computing the fair value of the Senior Notes and warrants that it issued in September and October 2009. Actual results could differ from these estimates.
	Prior to the deconsolidation of LEAF, significant estimates specifically for the commercial finance segment included the unguaranteed residual values of leased equipment, servicing liabilities and repurchase obligations, allowance for lease and loan losses, impairment of long-lived assets and goodwill, and the fair values and effectiveness of interest rate swaps.
Loans	'
	Receivables from Managed Entities.  The Company performs a review of the collectability of its receivables from managed entities on a quarterly basis.  If upon review there is an indication of impairment, the Company will analyze the future cash flows of the managed entity.  With respect to the receivables from its commercial finance investment partnerships, this takes into consideration several assumptions by management, primarily concerning estimations of future bad debts and recoveries.  For the receivables from the real estate investment entities for which there are indications of impairment, the Company estimates the cash flows through the sale of the underlying properties, which is based on projected net operating income as a multiple of published capitalization rates, which is then reduced by the underlying mortgage balances and priority distributions due to the investors in the entity.
	Investments in Commercial Finance.  Prior to the deconsolidation of LEAF in November 2011, the Company’s investments in commercial finance, consisted primarily of direct financing leases, equipment loans, and operating leases.
	Direct financing leases.  Certain of the Company’s lease transactions were accounted for as direct financing leases (as distinguished from operating leases).  Such leases transferred substantially all benefits and risks of equipment ownership to the customer.  The Company’s investment in direct financing leases consisted of the sum of the total future minimum contracted payments receivable and the estimated unguaranteed residual value of leased equipment, less unearned finance income.  Unearned finance income, which was recognized as revenue over the term of the financing by the effective interest method, represented the excess of the total future minimum lease payments plus the estimated unguaranteed residual value expected to be realized at the end of the lease term over the cost of the related equipment.  Initial direct costs incurred in the consummation of the lease were capitalized as part of the investment in lease receivables and amortized over the lease term as a reduction of the yield.  The Company discontinued recognizing revenue for leases and loans for which payments were more than 90 days past due.  Fees from delinquent payments were recognized when received.
	Equipment loans. For term loans, the investment consisted of the sum of the total future minimum loan payments receivable less unearned finance income.  Unearned finance income, which was recognized as revenue over the term of the financing by the effective interest method, represented the excess of the total future minimum contracted payments over the original cost of the loan.  For all other loans, interest income was recorded at the stated rate on the accrual basis to the extent that such amounts were expected to be collected.
	Operating leases.  Leases not meeting any of the criteria to be classified as direct financing leases were deemed to be operating leases.  The cost of the leased equipment, including acquisition fees associated with lease placements, was recorded as an asset and depreciated on a straight-line basis over the equipment’s estimated useful life, generally up to seven years.  Rental income consisted primarily of monthly periodic rental payments due under the terms of the leases.  The Company recognized rental income on a straight-line basis.
	During the lease term of operating leases, the Company was prepared to remarket the equipment to the extent it was not able to recover the related cost and expenses of the equipment.  The Company’s policy was to review, on at least a quarterly basis, the expected economic life of its rental equipment in order to determine the recoverability of its undepreciated cost.  The Company would write down its rental equipment to its estimated net realizable value when it is probable that its carrying amount exceeded such value and the excess could be reasonably estimated; gains were only recognized upon actual sale of the rental equipment.  There were no write-downs of equipment during fiscal 2012, 2011, or 2010.
	Future payment card receivables.  Additionally, the Company had provided capital advances to small businesses based on future credit card receipts.  The entire portfolio of future payment card receivables was on the cost recovery method whereby no income was recognized until the basis of the future payment card receivable had been fully recovered.
	Allowance for credit losses.  The Company evaluated the adequacy of the allowance for credit losses in commercial finance (including investments in leases and loans and future payment card receivables) based upon, among other factors, management’s historical experience with the commercial finance portfolios it managed, an analysis of contractual delinquencies, economic conditions and trends, industry statistics and equipment finance portfolio characteristics, as adjusted for expected recoveries.  In evaluating historic performance of leases and loans, the Company performed a migration analysis, which estimates the likelihood that an account progressed through delinquency stages to ultimate write-off.  The Company fully reserved, net of recoveries, all leases and loans after they were 180 days past due.
Allowance for Loan Loss	'
	Real estate loans.  Real estate loans that management has the intent and ability to hold for the foreseeable future, or until maturity or payoff, are stated at the amount of unpaid principal, reduced by unearned income and an allowance for credit losses, if necessary.  These loans are included in Investments in Real Estate in the consolidated balance sheets. Interest on these loans is calculated based upon the principal amount outstanding.  Accrual of interest is stopped on a loan when management believes, after considering economic factors, business conditions and collection efforts that the borrower’s financial condition is such that collection of interest is doubtful.
	An impaired real estate loan may remain on accrual status during the period in which the Company is pursuing repayment of the loan; however, the loan is placed on non-accrual status at such time as (i) management believes that contractual debt service payments will not be met; or (ii) the loan becomes 90 days delinquent; and (iii) management determines the borrower is incapable of, or has ceased efforts toward, curing the cause of the impairment.  While on non-accrual status, the Company recognizes interest income only when an actual payment is received.  Loans are charged off after being on non-accrual for a period of one year.
	The Company maintains an allowance for credit losses for real estate loans at a level deemed sufficient to absorb probable losses.  The Company considers general and local economic conditions, neighborhood values, competitive overbuilding, casualty losses and other factors that may affect the value of real estate loans.  The value of loans and real estate may also be affected by factors such as the cost of compliance with regulations and liability under applicable environmental laws, changes in interest rates and the availability of financing.  Income from a property will be reduced if a significant number of tenants are unable to pay rent or if available space cannot be rented on favorable terms.  In addition, the Company reviews all credits on a quarterly basis and continually monitors collections and payments from its borrowers and maintains an allowance for credit losses based upon its historical experience and its knowledge of specific borrower collection issues.  The Company reduces its investments in real estate loans and real estate by an allowance for amounts that may become unrealizable in the future.
Investments in Real Estate	'
	Property and equipment, which includes amounts recorded under capital leases, are stated at cost.  Depreciation and amortization are based on cost, less estimated salvage value, using the straight-line method over the asset’s estimated useful life.  Maintenance and repairs are expensed as incurred.  Major renewals and improvements that extend the useful lives of property and equipment are capitalized. The amortization of assets classified under capital leases is included in depreciation and amortization expense.
Income Taxes	'
	The objectives of accounting for income taxes are to recognize the amount of taxes payable or refundable for the current year and to recognize deferred tax liabilities and assets for the future tax consequences of events that have been recognized in the Company’s consolidated financial statements or tax returns.
	The Company adjusts the balance of its deferred taxes to reflect the tax rates at which future taxable amounts will likely be settled or realized.  The effects of tax rate changes on deferred tax liabilities and deferred tax assets, as well as other changes in income tax laws, are recognized in net earnings in the period during which such changes are enacted.  Valuation allowances are established and adjusted, when necessary, to reduce deferred tax assets to the amounts expected to be realized.  The Company assesses its ability to realize deferred tax assets primarily based on tax planning strategies.
	A tax position should only be recognized if it is more likely than not that the position will be sustained upon examination by the appropriate taxing authority.  A tax position that meets this threshold is measured as the largest amount of benefit that is greater than 0 percent likely of being realized upon ultimate settlement.  The Company classifies any tax penalties as general and administrative expenses and any interest as interest expense. The Company does not have any unrecognized tax benefits that would affect the effective tax rate.
RSO [Member]	'
Variable Interest Entity [Line Items]	'
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates affecting the accompanying consolidated financial statements include the net realizable and fair values of RSO's investments and derivatives, the estimated life used to calculate depreciation, amortization, and accretion of premiums and discounts, respectively, on investments and provisions for loan losses.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents
	Cash and cash equivalents include cash on hand and all highly liquid investments with original maturities of three months or less at the time of purchase. At December 31, 2012 and 2011, this included $19.9 million and $4.8 million, respectively, held in a prime brokerage account, $20.6 million and $26.0 million, respectively, held in a money market account, $43.3 million and $12.0 million, respectively, held in checking accounts, and $1.5 million and $299,000, respectively, held in accounts at RSO's investment properties.
Investment Securities	'
	Investment Securities
	RSO classifies its investment portfolio as trading or available-for-sale.  RSO, from time to time, may sell any of its investments due to changes in market conditions or in accordance with its investment strategy.RSO’s investment securities, trading are reported at fair value.  To determine fair value, RSO uses dealer quotes or bids which are validated using a third-party valuation firm utilizing appropriate prepayment, default, and recovery rates.  Any changes in fair value are recorded in RSO’s results of operations as net realized and unrealized gain (loss) on investment securities, trading.
	RSO’s investment securities available-for-sale are reported at fair value.  To determine fair value, RSO uses a dealer quote, which typically will be the dealer who sold RSO the security.  RSO has been advised that, in formulating their quotes, dealers may use recent trades in the particular security, if any, market activity in similar securities, if any, or internal valuation models.  These quotes are non-binding.  Based on how dealers develop their quotes, market liquidity and levels of trading, RSO categorizes these investments as either Level 2 or Level 3 in the fair value hierarchy.  RSO evaluates the reasonableness of the quotes it receives by applying its own valuation models.  If there is a material difference between a quote RSO receives and the value indicated by its valuation models, RSO will evaluate the difference.  As part of that evaluation, RSO will discuss the difference with the dealer, who may revise its quote based upon these discussions.  Alternatively, RSO may revise its valuation models.
	On a quarterly basis, RSO evaluates its available-for-sale investments for other-than-temporary impairment.  An available-for-sale investment is impaired when its fair value has declined below its amortized cost basis.  An impairment is considered other-than-temporary when the amortized cost basis of the investment or some portion thereof will not be recovered.  In addition, RSO’s intent to sell as well as the likelihood that RSO will be required to sell the security before the recovery of the amortized cost basis is considered.  Where credit quality is believed to be the cause of the other-than-temporary impairment, that component of the impairment is recognized as an impairment loss in the statement of operations.  Where other market components are believed to be the cause of the impairment, that component of the impairment is recognized as other comprehensive loss.
	Investment security transactions are recorded on the trade date.  Realized gains and losses on investment securities are determined on the specific identification method.
Investment Interest Income Recognition	'
	Investment Interest Income Recognition
	Interest income on RSO’s mortgage-backed and other asset-backed securities is accrued using the effective yield method based on the actual coupon rate and the outstanding principal amount of the underlying mortgages or other assets.  Premiums and discounts are amortized or accreted into interest income over the lives of the securities also using the effective yield method, adjusted for the effects of estimated prepayments.  For an investment purchased at par, the effective yield is the contractual interest rate on the investment.  If the investment is purchased at a discount or at a premium, the effective yield is computed based on the contractual interest rate increased for the accretion of a purchase discount or decreased for the amortization of a purchase premium.  The effective yield method requires RSO to make estimates of future prepayment rates for its investments that can be contractually prepaid before their contractual maturity date so that the purchase discount can be accreted, or the purchase premium can be amortized, over the estimated remaining life of the investment.  The prepayment estimates that RSO uses directly impact the estimated remaining lives of its investments.  Actual prepayment estimates are reviewed as of each quarter end or more frequently if RSO becomes aware of any material information that would lead it to believe that an adjustment is necessary.  If prepayment estimates are incorrect, the amortization or accretion of premiums and discounts may have to be adjusted, which would have an impact on future income.
Loans	'
	Loans
	RSO acquires loans through direct origination, through the acquisition of participations in commercial real estate loans and corporate leveraged loans in the secondary market and through syndications of newly originated loans. Loans are held for investment; therefore, RSO initially records them at their acquisition price, and subsequently, accounts for them based on their outstanding principal plus or minus unamortized premiums or discounts. RSO may sell a loan held for investment where the credit fundamentals underlying a particular loan have changed in such a manner that RSO's expected return on investment may decrease. Once the determination has been made by RSO that it no longer will hold the loan for investment, RSO identifies these loans as “Loans held for sale” and will account for them at the lower of amortized cost or fair value.
Loan Interest Income Recognition	'
	Loan Interest Income Recognition
	Interest income on loans includes interest at stated rates adjusted for amortization or accretion of premiums and discounts. Premiums and discounts are amortized or accreted into income using the effective yield method. If a loan with a premium or discount is prepaid, RSO immediately recognizes the unamortized portion as a decrease or increase to interest income. In addition, RSO defers loan origination fees and loan origination costs and recognizes them over the life of the related loan against interest income using the effective yield method.
Allowance for Loan Loss	'
	Allowance for Loan Loss
	RSO maintains an allowance for loan loss.  Loans held for investment are first individually evaluated for impairment so specific reserves can be applied.  Loans for which a specific reserve is not applicable are then evaluated for impairment as a homogeneous pool of loans with substantially similar characteristics so that a general reserve can be established, if needed.  The reviews are performed at least quarterly.
	RSO considers a loan to be impaired if one of two conditions exists.  The first condition is if, based on current information and events, management believes it is probable that RSO will be unable to collect all amounts due according to the contractual terms of the loan agreement.  The second condition is if the loan is deemed to be a troubled-debt restructuring (“TDR”) where a concession has been given to a borrower in financial difficulty.  These TDRs may not have an associated specific loan loss allowance if the principal and interest amount is considered recoverable based on current market conditions, expected collateral performance and / or guarantees made by the borrowers.
	When a loan is impaired under either of these two conditions, the allowance for loan losses is increased by the amount of the excess of the amortized cost basis of the loan over its fair value.  Fair value may be determined based on the present value of estimated cash flows; on market price, if available; or on the fair value of the collateral less estimated disposition costs.  When a loan, or a portion thereof, is considered uncollectible and pursuit of collection is not warranted, RSO will record a charge-off or write-down of the loan against the allowance for loan losses.
	An impaired loan may remain on accrual status during the period in which RSO is pursuing repayment of the loan; however, the loan would be placed on non-accrual status at such time as (i) RSO's management believes that scheduled debt service payments will not be met within the coming 12 months; (ii) the loan becomes 90 days delinquent; (iii) RSO's management determines the borrower is incapable of, or has ceased efforts toward, curing the cause of the impairment; or (iv) the net realizable value of the loan’s underlying collateral approximates RSO’s carrying value for such loan.  While on non-accrual status, RSO recognizes interest income only when an actual payment is received.
Investments in Real Estate	'
	Investments in Real Estate
	Investments in real estate are carried net of accumulated depreciation.  Costs directly related to the acquisition are expensed as incurred.  Ordinary repairs and maintenance which are not reimbursed by the tenants are expensed as incurred.  Costs related to the improvement of the real property are capitalized and depreciated over their useful life.
	Acquisitions of real estate assets and any related intangible assets are recorded initially at fair value under FASB ASC Topic 805, “Business Combinations.”  RSO allocates the purchase price of its investments in real estate to land, building, site improvements, the value of in-place leases and the value of above or below market leases. The value allocated to above or below market leases is amortized over the remaining lease term as an adjustment to rental income. RSO amortizes the value allocated to in-place leases over the weighted average remaining lease term to depreciation and amortization expense.  RSO depreciates real property using the straight-line method over the estimated useful lives of the assets as follows:
	Category	Term
	Building	25 - 40 years
	Site improvements	Lesser of the remaining life of building or useful life
Long-Lived and Intangible Assets	'
	Long-Lived and Intangible Assets
	Long-lived assets and certain identifiable intangibles to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of such assets may not be recoverable.  The review of recoverability is based on an estimate of the future undiscounted cash flows (excluding interest charges) expected to result from the long-lived asset’s use and eventual disposition.  If impairment has occurred, the loss will be measured as the excess of the carrying amount of the asset over the fair value of the asset.
	Other than an impairment charge of $1.7 million RSO took on conversion of a loan investment into equity of a real estate property during the years ended 2011, no impairment charges were recorded on RSO’s investment in real estate or intangible assets during the year ended December 31, 2012.
Comprehensive Income/(Loss)	'
	Comprehensive Income/(Loss)
	Comprehensive income/(loss) for RSO includes net income and the change in net unrealized gains/(losses) on available-for-sale securities and derivative instruments used to hedge exposure to interest rate fluctuations and protect against declines in the market value of assets resulting from general market trends.
Income Taxes	'
	Income Taxes
	RSO operates in such a manner as to qualify as a real estate investment trust (“REIT”) under the provisions of the Internal Revenue Code of 1986, as amended (the "Code"); therefore, applicable REIT taxable income is included in the taxable income of its shareholders, to the extent distributed by RSO.  To maintain REIT status for federal income tax purposes, RSO is generally required to distribute at least 90% of its REIT taxable income to its shareholders as well as comply with certain other qualification requirements as defined under the Code.  As a REIT, RSO is not subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income each year.
	Taxable income, from non-REIT activities managed through RSO's taxable REIT subsidiaries, is subject to federal, state and local income taxes.  RSO's taxable REIT subsidiaries' income taxes are accounted for under the asset and liability method.  Under the asset and liability method, deferred income taxes are recognized for the temporary differences between the financial reporting basis and tax basis of assets and liabilities.
	Apidos CDO I, Apidos CDO III, Apidos Cinco CDO, Apidos CDO VIII, and Whitney CLO I, RSO's foreign TRSs, are organized as exempted companies incorporated with limited liability under the laws of the Cayman Islands, and are generally exempt from federal and state income at the corporate level because their activities in the United States are limited to trading in stock and securities for their own account.  Therefore, despite their status as taxable REIT subsidiaries, they generally will not be subject to corporate tax on their earnings and no provision for income taxes is required; however, because they are “controlled foreign corporations,” RSO will generally be required to include Apidos CDO I's, Apidos CDO III's, Apidos Cinco CDO's, Apidos CDO VIII's, and Whitney CLO I's current taxable income in its calculation of REIT taxable income.
	On October 27, 2011 RSO reorganized the ownership structure of Apidos CDO I and Apidos CDO III. As a result, the earnings from Apidos CDO I and Apidos CDO III are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax. On January 24, 2012, RSO reorganized the ownership structure of Apidos CDO I and Apidos CDO III.  As a result, for the period January 1, 2012 through January 23, 2012, the earnings from Apidos CDO I and Apidos CDO III are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax. For the period January 24, 2012 and ending December 31, 2012 the earnings from Apidos CDO I are included in RSO's calculation of REIT taxable income.
	On December 11, 2012, RSO reorganized the ownership structure of Apidos CDO III.  As a result, for the period from January 24, 2012 through December 10, 2012 the earnings from Apidos CDO III are included in RSO's calculation of REIT taxable income.  Also as a result of the reorganization on December 11, 2012, for the period December 11, 2012 and ending December 31, 2012, the earnings from Apidos CDO III are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax.
	On November 12, 2012, RSO reorganized the ownership structure of Apidos Cinco CDO and Whitney CLO I.  As a result, for the period November 12, 2012 and ending December 31, 2012, the earnings from Apidos Cinco CDO and Whitney CLO I are excluded from RSO's calculation of REIT taxable income and are subject to corporate tax. Accordingly, a provision for income taxes on the earnings from November 12, 2012 through December 31, 2012 has been recorded.
Linked Transactions	'
	Linked Transactions
	If RSO finances the purchase of securities with repurchase agreements with the same counterparty from whom the securities are purchased and both transactions are entered into contemporaneously or in contemplation of each other, the transactions are presumed not to meet sale accounting criteria and RSO will account for the purchase of such securities and the repurchase agreement on a net basis and record a forward purchase commitment to purchase securities (each, a “Linked Transaction”) at fair value on RSO's consolidated balance sheet in the line item Linked Transactions, at fair value. Changes in the fair value of the assets and liabilities underlying the Linked Transactions and associated interest income and expense are reported as unrealized gain and net interest income on linked transactions, net on RSO's consolidated statement of operations.

RESTATED_FINANCIALS_Tables

RESTATED FINANCIALS (Tables)	12 Months Ended
	Sep. 30, 2012
Restated Financials [Abstract]	'
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	'
	The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidated balance sheet for the fiscal year ended September 30, 2012, which incorporates RSO as of December 31, 2012 (in thousands):
					Restatement Adjustments
		As Previously Reported			RSO			Eliminations			As Restated
	ASSETS
	Cash	$	19,393		$	—		$	—		$	19,393
	Restricted cash	642			—			—			642
	Receivables	3,554			—			—			3,554
	Receivables from managed entities and related parties, net	41,051			—			(6,633		)	34,418
	Investments in real estate, net	19,149			—						19,149
	Investment securities, at fair value	22,532			—			(15,502		)	7,030
	Investments in unconsolidated loan manager (see Notes 1 and 9)	36,356			—						36,356
	Investments in unconsolidated entities	12,993			—						12,993
	Assets of consolidated variable interest entities ("VIE") - RSO:
	Cash and cash equivalents (including restricted cash)	—			179,390			—			179,390
	Investments, at fair value	—			256,433			—			256,433
	Loans	—			1,850,998			(1,677		)	1,849,321
	Investments in real estate and consolidated entities	—			120,799			(93		)	120,706
	Other assets - RSO	—			70,631			(31		)	70,600
	Total assets of consolidated VIE - RSO	—			2,478,251			(1,801		)	2,476,450
	Property and equipment, net	2,732			—			—			2,732
	Deferred tax assets, net	34,565			—			(6,795		)	27,770
	Other assets	3,776			—						3,776
	Total assets	$	196,743		$	2,478,251		$	(30,731	)	$	2,644,263
	LIABILITIES AND EQUITY
	Liabilities:
	Accrued expenses and other liabilities	$	23,042		$	—		$	—		$	23,042
	Payables to managed entities and related parties	4,380			—			(31		)	4,349
	Borrowings	23,020			—			(1,677		)	21,343
	Liabilities of consolidated VIE - RSO:
	Borrowings	—			1,785,600			—			1,785,600
	Other liabilities	—			79,306			(6,633		)	72,673
	Total liabilities	50,442			1,864,906			(8,341		)	1,907,007
	Commitments and contingencies
	Equity:
	Preferred stock	—			—			—			—
	Common stock	294			—			—			294
	Additional paid-in capital	285,844			—			—			285,844
	Accumulated deficit	(24,508		)	—			(1,349		)	(25,857		)
	Treasury stock, at cost	(102,457		)	—			—			(102,457		)
	Accumulated other comprehensive loss	(13,080		)	—			10,854			(2,226		)
	Total stockholders’ equity	146,093			—			9,505			155,598
	Noncontrolling interests	208			—			—			208
	Noncontrolling interest attributable to RSO	—			613,345			(31,895		)	581,450
	Total equity	146,301			613,345			(22,390		)	737,256
		$	196,743		$	2,478,251		$	(30,731	)	$	2,644,263
	The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating balance sheet for the fiscal year ended September 30, 2011, which incorporates RSO as of December 31, 2011 (in thousands):
					Restatement Adjustments
		As Previously Reported			RSO			Eliminations			As Restated
	ASSETS
	Cash	$	24,455		$	—		$	—		$	24,455
	Restricted cash	20,257			—			—			20,257
	Receivables	1,981			—			—			1,981
	Receivables from managed entities and related parties, net	54,815			—			(2,698		)	52,117
	Investments in commercial finance, net	192,012			—			—			192,012
	Investments in real estate, net	19,942			—			—			19,942
	Investment securities, at fair value	15,124			—			(12,392		)	2,732
	Investments in unconsolidated entities	12,710			—			—			12,710
	Assets of consolidated variable interest entities ("VIE") - RSO:
	Cash and cash equivalents (including restricted cash)	—			185,922			—			185,922
	Investments, at fair value	—			179,539			—			179,539
	Loans	—			1,784,714			(8,605		)	1,776,109
	Investments in real estate and consolidated entities	—			98,906			(38,850		)	60,056
	Other assets - RSO	—			35,643			(34		)	35,609
Total assets of consolidated VIE - RSO	—			2,284,724			(47,489		)	2,237,235
Property and equipment, net	6,998			—			—			6,998
Deferred tax assets, net	51,581			—			(7,666		)	43,915
Goodwill	7,969			—			—			7,969
Other assets	14,662			—			—			14,662
Total assets	$	422,506		$	2,284,724		$	(70,245	)	$	2,636,985
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	40,887		$	—		$	—		$	40,887
Payables to managed entities and related parties	1,232			—			(222		)	1,010
Borrowings	222,659			—			(8,605		)	214,054
Liabilities of consolidated VIE - RSO:
Borrowings	—			1,794,083			—			1,794,083
Other liabilities	—			60,951			(2,698		)	58,253
Total liabilities	264,778			1,855,034			(11,525		)	2,108,287
Commitments and contingencies
Equity:
Preferred stock	—			—			—			—
Common stock	281			—			—			281
Additional paid-in capital	281,686			—			—			281,686
Accumulated deficit	(48,032		)	—			(1,022		)	(49,054		)
Treasury stock, at cost	(98,954		)	—			—			(98,954		)
Accumulated other comprehensive loss	(14,613		)	—			12,244			(2,369		)
Total stockholders’ equity	120,368			—			11,222			131,590
Noncontrolling interests	37,360			—			(38,629		)	(1,269		)
Noncontrolling interest attributable to RSO	—			429,690			(31,313		)	398,377
Total equity	157,728			429,690			(58,720		)	528,698
	$	422,506		$	2,284,724		$	(70,245	)	$	2,636,985
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of operations for the fiscal year ended September 30, 2012, which incorporates RSO for the calendar year ended December 31, 2012 (in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
REVENUES:
Real estate	$	40,595		$	—		$	—		$	40,595
Financial fund management	21,957			—			—			21,957
Commercial finance	1,884			—			—			1,884
	64,436			—			—			64,436
Revenues from consolidated VIE - RSO (see Note 28)	—			123,698						123,698
Elimination of consolidated VIE revenues attributed to operating segments	—			—			(17,234		)	(17,234		)
Total Revenues	64,436			123,698			(17,234		)	170,900
COSTS AND EXPENSES:
Real estate	29,669			—			—			29,669
Financial fund management	17,086			—			—			17,086
Commercial finance	2,414			—			—			2,414
Restructuring expenses	365			—			—			365
General and administrative	10,460			—			—			10,460
Gain on sale of leases and loans	(37		)	—			—			(37		)
Impairment charges	2,280			—			—			2,280
Provision for credit losses	17,246			—			—			17,246
Depreciation and amortization	3,653			—			—			3,653
	83,136			—			—			83,136
Expenses from consolidated VIE - RSO	—			78,452			(14,602		)	63,850
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(16,360		)	(16,360		)
Total expenses	83,136			78,452			(30,962		)	130,626
OPERATING INCOME (LOSS)	(18,700		)	45,246			13,728			40,274
OTHER INCOME (EXPENSE):
Gain on deconsolidation and sale of subsidiaries	63,291			—			—			63,291
Loss on extinguishment of debt	(2,190		)	—			—			(2,190		)
Other-than-temporary impairment on investments	(74		)	—			—			(74		)
Gain on sale of investment securities, net	63			—			—			63
Interest expense	(4,741		)	—			—			(4,741		)
Other income (expense), net	2,103			—			(2,174		)	(71		)
Other income, net, from consolidated VIE - RSO	—			19,197						19,197
Elimination of consolidated VIE other income, net	—			—			227			227
	58,452			19,197			(1,947		)	75,702
Income from continuing operations before taxes	39,752			64,443			11,781			115,976
Income tax provision	13,512			—			14,602			28,114
Income (loss) from continuing operations	26,240			64,443			(2,821		)	87,862
Loss from discontinued operations, net of tax	(58		)	—			—			(58		)
Net income (loss)	26,182			64,443			(2,821		)	87,804
Net (income) loss attributable to noncontrolling interests	(348		)	—			571			223
Net income attributable to noncontrolling interests - RSO	—			(62,520		)	—			(62,520		)
Net income (loss) attributable to common shareholders	$	25,834		$	1,923		$	(2,250	)	$	25,507
The following sets forth the effect of the restatement on the Company’s basic and diluted earnings (loss) per share for the fiscal years ended September 30, 2012 and 2011, which incorporates RSO for the calendar year ended December 31, 2012 and 2011 (in thousands, except share data):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
For the fiscal year ended September 30, 2012:
Amounts attributable to common shareholders:
Income (loss) from continuing operations	$	25,892		$	1,923		$	(2,250	)	$	25,565
Discontinued operations	(58		)	—			—			(58		)
Net income (loss)	$	25,834		$	1,923		$	(2,250	)	$	25,507
	As Previously Reported									As Restated
Basic earnings per share:
Continuing operations	$	1.31								$	1.29
Discontinued operations	—									—
Net income	$	1.31								$	1.29
Weighted average shares outstanding	19,740									19,740
Diluted earnings per share:
Continuing operations	$	1.25								$	1.24
Discontinued operations	—									—
Net income	$	1.25								$	1.24
Weighted average shares outstanding	20,634									20,634
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
For the fiscal year ended September 30, 2011:
Amounts attributable to common shareholders:
(Loss) income from continuing operations	$	(6,026	)	$	1,433		$	(7,768	)	$	(12,361	)
Discontinued operations	(2,202		)	—			—			(2,202		)
Net (loss) income	$	(8,228	)	$	1,433		$	(7,768	)	$	(14,563	)
	As Previously Reported									As Restated
Basic loss per share:
Continuing operations	$	(0.31	)							$	(0.64	)
Discontinued operations	(0.11		)							(0.11		)
Net loss	$	(0.42	)							$	(0.75	)
Weighted average shares outstanding	19,525									19,525
Diluted loss per share:
Continuing operations	$	(0.31	)							$	(0.64	)
Discontinued operations	(0.11		)							(0.11		)
Net loss	$	(0.42	)							$	(0.75	)
Weighted average shares outstanding	19,525									19,525
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of operations for the fiscal year ended September 30, 2011, which incorporates RSO for the calendar year ended December 31, 2011(in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
REVENUES:
Real estate	$	38,380		$	—		$	—		$	38,380
Financial fund management	25,841			—			—			25,841
Commercial finance	21,795			—			—			21,795
	86,016			—			—			86,016
Revenues from consolidated VIE - RSO	—			95,986			—			95,986
Elimination of consolidated VIE revenues attributed to operating segments	—			—			(15,070		)	(15,070		)
Total Revenues	86,016			95,986			(15,070		)	166,932
COSTS AND EXPENSES:
Real estate	24,465			—			—			24,465
Financial fund management	20,562			—			—			20,562
Commercial finance	15,207			—			—			15,207
General and administrative	11,522			—			—			11,522
Gain on sale of leases and loans	(659		)	—			—			(659		)
Provision for credit losses	10,661			—			—			10,661
Depreciation and amortization	10,739			—			—			10,739
	92,497			—			—			92,497
Expenses from consolidated VIE - RSO	—			62,139			(12,036		)	50,103
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(11,061		)	(11,061		)
Total expenses	92,497			62,139			(23,097		)	131,539
OPERATING (LOSS) INCOME	(6,481		)	33,847			8,027			35,393
OTHER INCOME (EXPENSE):
Gain on sale of management contract	6,520			—			—			6,520
Gain on extinguishment of servicing and repurchase liabilities	4,426			—			(4,426		)	—
Loss on sale of investment securities, net	(1,198		)	—			—			(1,198		)
Interest expense	(15,343		)	—			—			(15,343		)
Other income (expense), net	2,242			—			(2,455		)	(213		)
Other income, net, from consolidated VIE - RSO	—			3,869						3,869
Elimination of consolidated VIE other income, net	—						212			212
	(3,353		)	3,869			(6,669		)	(6,153		)
(Loss) income from continuing operations before taxes	(9,834		)	37,716			1,358			29,240
Income tax (benefit) provision	(4,607		)	—			12,036			7,429
(Loss) income from continuing operations	(5,227		)	37,716			(10,678		)	21,811
Loss from discontinued operations, net of tax	(2,202		)	—			—			(2,202		)
Net (loss) income	(7,429		)	37,716			(10,678		)	19,609
Net (income) loss attributable to noncontrolling interests	(799		)				2,910			2,111
Net income attributable to noncontrolling interests - RSO	—			(36,283		)	—			(36,283		)
Net (loss) income attributable to common shareholders	$	(8,228	)	$	1,433		$	(7,768	)	$	(14,563	)
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of comprehensive income for the fiscal year ended September 30, 2012, which incorporates RSO for the calendar year ended December 31, 2012 (in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As restated
Net income (loss)	$	26,182		$	64,443		$	(2,821	)	$	87,804
Other comprehensive income (loss):
Unrealized gain (loss) on investment securities available for sale, net of tax	1,363			—			(1,391		)	(28		)
Less: reclassification for losses realized	45			—			—			45
	1,408			—			(1,391		)	17
Minimum pension liability adjustments, net of tax	(289		)	—			—			(289		)
Minimum pension liability - reclassification for losses realized, net of tax	214			—			1			215
	(75		)	—			1			(74		)
Unrealized loss on hedging contracts	(6		)	—			—			(6		)
Deconsolidation of LEAF- unrealized loss on hedging contracts	255			—			—			255
	249			—			—			249
Subtotal - RAI activity:	1,582			—			(1,390		)	192
Activity related to consolidated VIE - RSO:
Reclassification adjustments for gain included in net income	—			1,728			—			1,728
Unrealized gain on available-for-sale securities, net	—			18,770			—			18,770
Reclassification adjustments associated with unrealized loss from interest rate hedges included in net income	—			227			—			227
Unrealized losses on derivatives, net	—			(1,476		)	—			(1,476		)
Subtotal activity related to consolidated VIE -RSO:	—			19,249			—			19,249
Subtotal - other comprehensive income (loss)	1,582			19,249			(1,390		)	19,441
Comprehensive income (loss)	27,764			83,692			(4,211		)	107,245
Comprehensive income attributable to noncontrolling interests	(397		)	—			(81,198		)	(81,595		)
Comprehensive income (loss) attributable to common shareholders	$	27,367		$	83,692		$	(85,409	)	$	25,650
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of comprehensive income for the fiscal year ended September 30, 2011, which incorporates RSO for the calendar year ended December 31, 2011 (in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As restated
Net (loss) income	$	(7,429	)	$	37,716		$	(10,678	)	$	19,609
Other comprehensive (loss) income:
Unrealized (loss) gain on investment securities available for sale, net of tax	(2,564		)	—			2,036			(528		)
Less: reclassification for losses realized	904			—			—			904
	(1,660		)	—			2,036			376
Minimum pension liability adjustments, net of tax	(632		)	—			—			(632		)
Minimum pension liability - reclassification for losses realized, net of tax	169			—			—			169
	(463		)	—			—			(463		)
Unrealized loss on hedging contracts	(75		)	—			—			(75		)
Foreign currency gain	368			—			—			368
Subtotal- RAI activity	(1,830		)	—			2,036			206
Activity related to consolidated VIE - RSO:
Reclassification adjustments for gain included in net income	—			1,080			—			1,080
Unrealized losses on available-for-sale securities, net	—			(13,798		)	—			(13,798		)
Reclassification adjustments associated with unrealized loss from interest rate hedges included in net income	—			227			—			227
Unrealized gains on derivatives, net	—			82			—			82
Subtotal activity related to consolidated VIE-RSO:	—			(12,409		)	—			(12,409		)
Subtotal- other comprehensive (loss) income	(1,830		)	(12,409		)	2,036			(12,203		)
Comprehensive (loss) income	(9,259		)	25,307			(8,642		)	7,406
Comprehensive income attributable to noncontrolling interests	(775		)	—			(20,964		)	(21,739		)
Comprehensive (loss) income attributable to common shareholders	$	(10,034	)	$	25,307		$	(29,606	)	$	(14,333	)
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of cash flows for the fiscal year ended September 30, 2012, which incorporates cash flows from RSO for the calendar year ended December 31, 2012 (in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	26,182		$	64,443		$	(2,821	)	$	87,804
Adjustments to reconcile net income (loss) to net cash
used in operating activities:
Depreciation and amortization	4,875			—			—			4,875
Impairment charges	2,280			—			—			2,280
Provision for credit losses	17,246			—			—			17,246
Unrealized gain on trading securities	(1,108		)	—			—			(1,108		)
Equity in earnings of unconsolidated entities	(3,439		)	—			—			(3,439		)
Distributions from unconsolidated entities	3,463			—			—			3,463
Gain on sale of leases and loans	(37		)	—			—			(37		)
Other-than-temporary impairment losses recognized in earnings	74			—			—			74
Gain on sale of loans and investment securities, net	(972		)	—			—			(972		)
Gain on sale of assets	(84		)	—			—			(84		)
Gain on sale and deconsolidation of subsidiaries	(63,291		)	—			—			(63,291		)
Loss on extinguishment of debt	2,190			—			—			2,190
Deferred income tax provision	13,393			—			—			13,393
Equity-based compensation issued	1,286			—			—			1,286
Equity-based compensation received	(153		)	—			153			—
Trading securities purchases and sales, net	(1,048		)	—			—			(1,048		)
Loss from discontinued operations	58			—			—			58
Changes in operating assets and liabilities	(2,911		)	—			—			(2,911		)
Change in cash attributable to operations of consolidated VIE - RSO	—			(65,608		)	382			(65,226		)
Net cash used in operating activities	(1,996		)	(1,165		)	(2,286		)	(5,447		)
CASH FLOWS FROM INVESTING ACTIVITIES:							—
Capital expenditures	(222		)	—			—			(222		)
Payments received on real estate loans and real estate	1,726			—			—			1,726
Investments in unconsolidated real estate entities	(1,608		)	—			—			(1,608		)
Purchase of commercial finance assets	(18,483		)	—			—			(18,483		)
Principal payments received on leases and loans	9,043			—			—			9,043
Purchase of loans and securities by consolidated VIE - RSO	—			(769,762		)	—			(769,762		)
Principal payments and proceeds from sales received by consolidated VIE - RSO	—			822,476			—			822,476
Cash divested on deconsolidation of LEAF	(2,284		)	—			—			(2,284		)
Net proceeds from sale of Apidos and cash divested on deconsolidation	17,860			—			—			17,860
Purchase of loans and investments	(1,874		)	—			—			(1,874		)
Proceeds from sale of loans and investments	262			—			—			262
Increase in restricted cash of consolidated VIE - RSO	—			50,756			—			50,756
Other investing activity of consolidated VIE - RSO	—			(1,849		)	(76		)	(1,925		)
Net cash provided by (used in) investing activities	4,420			101,621			(76		)	105,965
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
CASH FLOWS FROM FINANCING ACTIVITIES:							—
Increase in borrowings	128,845			—			—			128,845
Principal payments on borrowings	(129,416		)	—			—			(129,416		)
Net (repayments) borrowings of debt by consolidated VIE - RSO	—			(207,149		)	—			(207,149		)
Dividends paid	(2,310		)	—			—			(2,310		)
Dividends paid on common stock by consolidated VIE - RSO	—			(74,050		)	2,174			(71,876		)
Proceeds from issuance of common stock	2,131			—			—			2,131
Net proceeds from issuance of common stock by consolidated VIE - RSO	—			171,056			—			171,056
Repurchase of common stock	(2,324		)	—			—			(2,324		)
Preferred stock dividends paid by LEAF to RSO	(188		)	—			188			—
Increase in restricted cash	(664		)	—			—			(664		)
Other	(2,275		)	—			—			(2,275		)
Other financing activity of consolidated VIE - RSO	—			9,687			—			9,687
Net cash (used in) provided by financing activities	(6,201		)	(100,456		)	2,362			(104,295		)
CASH FLOWS FROM DISCONTINUED OPERATIONS:							—
Operating activities	(1,285		)	—			—			(1,285		)
Net cash used in discontinued operations	(1,285		)	—			—			(1,285		)
							—
Decrease in cash	(5,062		)	—			—			(5,062		)
Cash, beginning of year	24,455			—			—			24,455
Cash, end of year	$	19,393		$	—		$	—		$	19,393
The following sets forth the effect of the restatement on the applicable line items in the Company’s consolidating statement of cash flows for the fiscal year ended September 30, 2011, which incorporates cash flows from RSO for the calendar year ended December 31, 2011 (in thousands):
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$	(7,429	)	$	37,716		$	(10,678	)	$	19,609
Adjustments to reconcile net (loss) income to net cash
( used in) provided by operating activities:
Depreciation and amortization	15,780			—			88			15,868
Provision for credit losses	10,661			—			799			11,460
Equity in earnings of unconsolidated entities	(10,377		)	—			—			(10,377		)
Distributions from unconsolidated entities	4,522			—			—			4,522
Gain on sale of leases and loans	(659		)	—			—			(659		)
Loss on sale of loans and investment securities, net	1,198			—			—			1,198
Gain on sale of assets	(196		)	—			—			(196		)
Gain on sale of management contract	(6,520		)	—			—			(6,520		)
Gain on extinguishment of servicing and repurchase liabilities	(4,426		)	—			4,426			—
Deferred income tax benefit	(5,657		)	—			—			(5,657		)
Equity-based compensation issued	2,525			—			—			2,525
Equity-based compensation received	(463		)	—			463			—
Loss from discontinued operations	2,202			—			—			2,202
Changes in operating assets and liabilities	(2,624		)	—			—			(2,624		)
(Increase) decrease in cash held by consolidated VIE - RSO	—			(18,307		)	2,142			(16,165		)
Net cash (used in) provided by operating activities	(1,463		)	19,409			(2,760		)	15,186
CASH FLOWS FROM INVESTING ACTIVITIES:							—
Capital expenditures	(1,165		)	—			—			(1,165		)
Payments received on real estate loans and real estate	16,487			—			—			16,487
Investments in unconsolidated real estate entities	(2,371		)	—			—			(2,371		)
Purchase of commercial finance assets	(105,777		)	—			—			(105,777		)
Principal payments received on leases and loans	29,056			—			—			29,056
Purchase of loans and securities by consolidated VIE - RSO	—			(1,087,353		)	15,221			(1,072,132		)
Principal payments and proceeds from sales received by consolidated VIE - RSO	—			663,663			—			663,663
Proceeds from sale of management contract	9,095			—			—			9,095
Purchase of loans and investments	—			—			—			—
Proceeds from sale of loans and investments	3,779			—			—			3,779
Increase in restricted cash of consolidated VIE - RSO	—			31,014			—			31,014
Other investing activity of consolidated VIE	—			(45,533		)	—			(45,533		)
Net cash (used in) provided by investing activities	(50,896		)	(438,209		)	15,221			(473,884		)
				Restatement Adjustments
	As Previously Reported			RSO			Eliminations			As Restated
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	106,043			—			—			106,043
Principal payments on borrowings	(55,778		)	—			—			(55,778		)
Net (repayments) borrowings of debt by consolidated VIE - RSO	—			358,029			—			358,029
Dividends paid	(2,246		)	—			—			(2,246		)
Dividends paid on common stock by consolidated VIE - RSO	—			(69,869		)	2,455			(67,414		)
Proceeds from issuance of common stock	1,914			—			—			1,914
Net proceeds from issuance of common stock by consolidated VIE - RSO	—			129,911			—			129,911
Repurchase of common stock	(241		)	—			—			(241		)
Proceeds from issuance of LEAF preferred stock	15,221			—			(15,221		)	—
Preferred stock dividends paid by LEAF to RSO	(305		)	—			305			—
Decrease in restricted cash	4,530			—			—			4,530
Other	(2,299		)	—			—			(2,299		)
Other financing activity of consolidated VIE - RSO	—			729			—			729
Net cash provided by (used in) financing activities	66,839			418,800			(12,461		)	473,178
CASH FLOWS FROM DISCONTINUED OPERATIONS:							—
Operating activities	(1,268		)	—			—			(1,268		)
Net cash used in discontinued operations	(1,268		)	—			—			(1,268		)
							—
Increase in cash	13,212			—			—			13,212
Cash, beginning of year	11,243			—			—			11,243
Cash, end of year	$	24,455		$	—		$	—		$	24,455

SUPPLEMENTAL_CASH_FLOW_INFORMA1

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	12 Months Ended
	Sep. 30, 2012
Supplemental Cash Flow Information [Abstract]	'
Supplemental Cash Flow Information	'
	Supplemental disclosure of cash flow information for the fiscal years ended September 30 are as follows (in thousands):
		September 30,
		2012			2011			2010
	Cash (paid) received:	(Restated)			(Restated)
	Interest	$	(3,889	)	$	(9,926	)	$	(9,433	)
	Income tax payments	(1,424		)	(964		)	(1,325		)
	Refund of income taxes	109			596			2,860
	Dividends declared per common share	$	0.12		0.12			0.09
	Non-cash activities:
	Repurchases of common stock from employees in exchange for the payment of income taxes and option exercises	$	1,718		$	113		$	54
	Issuance of treasury stock for the Company's investment savings plan	539			730			1,091
	Common stock issued to former director in exchange for vested director units	135			—			—
	Warrants issued and recorded as a discount to the Senior Notes	—			—			2,339
	Leasehold improvements paid by the landlord	—			—			668
	Sale of commercial finance assets to RSO:
	Reduction of investments in commercial finance assets	$	—		$	—		$	99,386
	Termination of associated secured warehouse facility	—			—			(99,386		)
	Effects from the deconsolidation of entities:(1)
	Restricted cash	$	20,282		$	—		$	—
	Receivables from managed entities and related parties, net	(2,696		)	—			—
	Receivables	954			—			9
	Investments in commercial finance, net	199,955			—			—
	Investments in unconsolidated entities	5,225			—			—
	Property and equipment, net	3,754			—			1,638
	Deferred tax assets, net	4,558			—			—
	Goodwill	7,969			—			—
	Other assets	6,826			—			755
	Accrued expense and other liabilities	(11,146		)	—			(174		)
	Payables to managed entities and related parties	(98		)	—			—
	Borrowings	(202,481		)	—			(1,013		)
	Accumulated other comprehensive loss	255			—			—
	Noncontrolling interests	(37,668		)	—			—
	Equity	—			—			(1,258		)
	-1	Reflects the deconsolidation of LEAF and Apidos during fiscal 2012 and a real estate and two financial fund management partnerships during fiscal 2010. As a result of the deconsolidation of these entities, the amounts noted above were removed from the Company’s consolidated balance sheets.  The sum of the assets removed and cash equated to the sum of the liabilities and equity that were similarly eliminated and, as such, there was no change in the Company’s total net assets.

FINANCING_RECEIVABLES_Tables

FINANCING RECEIVABLES (Tables)	12 Months Ended
	Sep. 30, 2012
Receivables [Abstract]	'
Aging of the Company's Past Due Financing Receivables, Gross of Allowances for Credit Losses	'
	The following table is the aging of the Company’s past due financing receivables (presented gross of allowance for credit losses) as of September 30, 2012 (in thousands):
		30-89 Days			Greater than			Greater than			Total			Current			Total
		Past Due			90 Days			181 Days			Past Due
	Receivables from managed entities
	and related parties: (1)
	Commercial finance	$	—		$	—		$	38,834		$	38,834		$	148		$	38,982
	investment entities
	Real estate investment entities	743			2,694			15,180			18,617			2,054			20,671
	Financial fund management entities	6			—			46			52			2,141			2,193
	Other	—			—			—			—			152			152
		749			2,694			54,060			57,503			4,495			61,998
	Rent receivables - real estate	6			1			32			39			6			45
	Total financing receivables	$	755		$	2,695		$	54,092		$	57,542		$	4,501		$	62,043
	-1	Receivables are presented gross of an allowance for credit losses of $25.1 million and $2.5 million related to the Company’s commercial finance and real estate investment entities, respectively.  The remaining receivables from managed entities and related parties have no related allowance for credit losses.
	The following table is the aging of the Company’s past due financing receivables (presented gross of allowance for credit losses) as of September 30, 2011 (in thousands):
		30-89 Days			Greater than			Greater than			Total			Current			Total
		Past Due			90 Days			181 Days			Past Due
	Receivables from managed entities
	and related parties: (1)
	Commercial finance investment entities	$	—		$	—		$	37,547		$	37,547		$	490		$	38,037
	Real estate investment entities	1,314			1,511			17,405			20,230			1,697			21,927
	Financial fund management entities	2,395			93			28			2,516			24			2,540
	Other	—			—			—			—			103			103
		3,709			1,604			54,980			60,293			2,314			62,607
	Investments in commercial finance	984			526			—			1,510			190,932			192,442
	Rent receivables - real estate	1			11			—			12			3			15
	Total financing receivables	$	4,694		$	2,141		$	54,980		$	61,815		$	193,249		$	255,064
	-1	Receivables are presented gross of an allowance for credit losses of $8.3 million and $2.2 million related to the Company’s commercial finance and real estate investment entities, respectively.  The remaining receivables from managed entities and related parties have no related allowance for credit losses.
Summarization of Activity in the Allowance for Credit Losses for the Company's Financing Receivables	'
	The following table summarizes the activity in the allowance for credit losses for all financing receivables (in thousands):
					Investments in Commercial Finance
		Receivables from Managed Entities			Leases and Loans			Future Payment Card Receivables			Rent Receivables			Investment in Real Estate Loans			Total
	Year Ended September 30, 2012:
	Balance, beginning of year	$	10,490		$	430		$	—		$	15		$	—		$	10,935
	Provision for credit losses	17,090			138			—			18			—			17,246
	Charge-offs	—			(124		)	—			—			—			(124		)
	Recoveries	—			38			—			—			—			38
	Deconsolidation of LEAF	—			(482		)	—			—			—			(482		)
	Balance, end of year	$	27,580		$	—		$	—		$	33		$	—		$	27,613
	Ending balance, individually evaluated for impairment	$	27,580		$	—		$	—		$	33		$	—		$	27,613
	Ending balance, collectively evaluated for impairment	—			—			—			—			—			—
	Balance, end of year	$	27,580		$	—		$	—		$	33		$	—		$	27,613
	Year Ended September 30, 2011:
	Balance, beginning of year	$	1,075		$	770		$	130		$	—		$	49		$	2,024
	Provision for credit losses	9,415			1,137			94			15			—			10,661
	Charge-offs	—			(1,764		)	(286		)	—			(49		)	(2,099		)
	Recoveries	—			287			62			—			—			349
	Balance, end of year	$	10,490		$	430		$	—		$	15		$	—		$	10,935
	Ending balance, individually evaluated for impairment	$	10,490		$	—		$	—		$	15		$	—		$	10,505
	Ending balance, collectively evaluated for impairment	—			430			—			—			—			430
	Balance, end of year	$	10,490		$	430		$	—		$	15		$	—		$	10,935
								Investments in Commercial Finance
		Receivables from Managed Entities			Investment in Loans			Leases and Loans			Future Payment Card Receivables			Investment in Real Estate Loans			Total
	Year Ended September 30, 2010:
	Balance, beginning of year	$	—		$	—		$	570		$	2,640		$	1,585		$	4,795
	Provision for credit losses	1,852			1			2,860			447			49			5,209
	Charge-offs	(777		)	(1		)	(2,721		)	(2,983		)	(1,585		)	(8,067		)
	Recoveries	—			—			61			26			—			87
	Balance, end of year	$	1,075		$	—		$	770		$	130		$	49		$	2,024
Gross Financing Receivables Related to the Balance in the Allowance for Credit Losses	'
	The Company’s financing receivables (presented exclusive of any allowance for credit losses) as of September 30, 2012 relate to the balance in the allowance for credit losses, as follows (in thousands):
		Receivables			Rent			Total
		from			Receivables
		Managed
		Entities
	Ending balance, individually evaluated for impairment	$	61,998		$	45		$	62,043
	Ending balance, collectively evaluated for impairment	—			—			—
	Balance, end of year	$	61,998		$	45		$	62,043
	The Company’s financing receivables (presented exclusive of any allowance for credit losses) as of September 30, 2011 relate to the balance in the allowance for credit losses, as follows (in thousands):
		Receivables			Rent			Commercial Finance Leases and			Total
		from			Receivables			Loans
		Managed
		Entities
	Ending balance, individually evaluated for impairment	$	62,607		$	15		$	—		$	62,622
	Ending balance, collectively evaluated for impairment	—			—			192,442			$	192,442
	Balance, end of year	$	62,607		$	15		$	192,442		$	255,064
Information about Company's Impaired Financing Receivables	'
	The following table discloses information about the Company’s impaired financing receivables (in thousands):
		Net Balance			Unpaid Balance			Specific Allowance			Average Investment in Impaired Assets
	As of September 30, 2012
	Financing receivables with a specific valuation allowance:
	Receivables from managed entities – commercial finance	$	12,865		$	37,943		$	25,078		$	38,060
	Receivables from managed entities – real estate	2,181			4,683			2,502			4,511
	Rent receivables – real estate	12			45			33			45
	As of September 30, 2011:
	Financing receivables with a specific valuation allowance:
	Receivables from managed entities – commercial finance	$	14,990		$	23,302		$	8,312		$	23,377
	Receivables from managed entities – real estate	2,353			4,531			2,178			3,897
	Leases and loans	310			526			216			318
	Rent receivables – real estate	—			15			15			7

INVESTMENTS_IN_COMMERCIAL_FINA1

INVESTMENTS IN COMMERCIAL FINANCE (Tables)	12 Months Ended
	Sep. 30, 2012
Investments in Commercial Finance [Abstract]	'
Schedule of Investments in Commercial Finance	'
	The Company’s investments in commercial finance at September 30, 2011 included the following (in thousands):
			September 30,
			2011
	Direct financing leases, net		$	145,476
	Equipment loans (1)		19,640
	Assets subject to operating leases, net (2)		27,326
			192,442
	Allowance for credit losses		(430		)
	Total investments in commercial finance, net		$	192,012
	-1	The interest rates on loans generally ranged from 6% to 18%.
	-2	Reflected net of accumulated depreciation of $7.1 million.
Schedule of Components of Direct Financing Leases	'
	The components of direct financing leases were as follows (in thousands):
			September 30,
			2011
	Total future minimum lease payments receivable		$	159,722
	Initial direct costs, net of amortization		2,034
	Unguaranteed residuals		8,666
	Security deposits		(120		)
	Unearned income		(24,826		)
	Total investments in direct financing leases, net		$	145,476

INVESTMENTS_IN_REAL_ESTATE_Tab

INVESTMENTS IN REAL ESTATE (Tables)	12 Months Ended
	Sep. 30, 2012
Real Estate Investments, Net [Abstract]	'
Summary of Carrying Value of Investments in Real Estate	'
	The Company’s investments in real estate, net, consist of the following (in thousands):
		September 30,
		2012		2011
	Properties owned, net of accumulated depreciation of $5,592 and $4,785:
	Hotel property (Savannah, Georgia)	$	11,619	$	12,051
	Office building (Philadelphia, Pennsylvania)	906		3,165
		12,525		15,216
	Commercial property (Elkins, West Virginia), net of accumulated depreciation of $784 and $656	727		944
	Partnerships and other investments	5,897		3,782
	Total investments in real estate, net	$	19,149	$	19,942
Schedule of Future Minimum Rental Payments for Operating Leases	'
	The contractual future minimum rental income on non-cancelable operating leases included in properties owned for each of the five succeeding annual periods ending September 30, and thereafter, are as follows (in thousands):
	2013	$	966
	2014	902
	2015	799
	2016	537
	2017	453
	Thereafter	772
		$	4,429

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Sep. 30, 2012
Investments, Debt and Equity Securities [Abstract]	'
Components of the Company's Investment Securities	'
	Components of investment securities are as follows (in thousands):
		September 30,
		2012		2011
	Available-for-sale securities	$	3,966	$	2,492
	Trading securities	3,064		240
	Total investment securities, at fair value	$	7,030	$	2,732
Pre-tax Unrealized Gains (Losses) Relating to the Company's Investments in Equity and Collateralized Debt Obligation Securities	'
	Available-for-sale securities.  The following table discloses the pre-tax unrealized gains (losses) relating to the Company’s investments in available-for-sale securities (in thousands):
		Cost or		Unrealized			Unrealized				Fair Value
		Amortized Cost		Gains			Losses
	September 30, 2012:
	Equity securities	$	109	$	86		$	—			$	195
	CLO securities	2,484		1,302			(15		)		3,771
	Total	$	2,593	$	1,388		$	(15	)		$	3,966
	September 30, 2011:
	Equity securities	$	109	$	27		$	—			$	136
	CDO securities	1,039		1,317			—				2,356
	Total	$	1,148	$	1,344		$	—			$	2,492
Unrealized Losses Along with the Related Fair Value, Aggregated by the Length of Time the Investments were in a Continuous Unrealized Loss Position	'
	Unrealized losses along with the related fair value and aggregated by the length of time the investments were in a continuous unrealized loss position, are as follows (in thousands, except number of securities):
		Less than 12 Months								More than 12 Months
		Fair Value		Unrealized			Number of Securities			Fair Value			Unrealized		Number of Securities
				Losses									Losses
	September 30, 2012:
	CLO securities	$	1,274	$	(15	)	1			$	—		$	—	—
	September 30, 2011:
	CLO securities	$	—	$	—		—			$	—		$	—	—

INVESTMENTS_IN_UNCONSOLIDATED_1

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Tables)	12 Months Ended
	Sep. 30, 2012
Investments in Unconsolidated Entities [Abstract]	'
Details of Company's Investments in Investment Vehicles, Including the Range of Interests it Owns	'
	The following table details the Company’s investments in these vehicles, including the range of ownership interests owned (in thousands, except percentages):
		Range of Combined	September 30,
		Ownership Interests	2012		2011
	Real estate investment entities	1% – 10%	$	8,043	$	8,439
	Financial fund management partnerships	3% − 11%	3,983		3,476
	Trapeza entities	33% − 50%	967		795
	LEAF	14.90%	—		—
	Commercial finance investment entities	2% − 7%	—		—
	Investments in unconsolidated entities		$	12,993	$	12,710

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Sep. 30, 2012
Property, Plant and Equipment [Abstract]	'
Plant and Equipment, Net	'
	Property and equipment, net, consist of the following (in thousands):
		Estimated Useful Life	September 30,
			2012			2011
	Furniture and equipment	3-7 years	$	6,123		$	5,620
	Leasehold improvements	1-8 years	2,377			2,656
	LEAF property and equipment		—			11,939
			8,500			20,215
	Accumulated depreciation and amortization		(5,768		)	(5,183		)
	Accumulated depreciation and amortization - LEAF		—			(8,034		)
	Property and equipment, net		$	2,732		$	6,998

ACCRUED_EXPENSES_Tables

ACCRUED EXPENSES (Tables)	12 Months Ended
	Sep. 30, 2012
Payables and Accruals [Abstract]	'
Summary of Components of Accrued Expenses and Other Liabilities	'
	The following is a summary of the components of accrued expenses and other liabilities (in thousands):
		September 30,
		2012		2011
	Accounts payable and other accrued liabilities	$	8,627	$	8,153
	SERP liability (see Note 19)	6,976		7,049
	Accrued wages and benefits	5,396		3,617
	Trapeza clawback (see Note 22 )	1,181		1,181
	Real estate loan commitment	862		2,147
	Due to brokers	—		8,254
	LEAF accounts payable and accrued liabilities	—		10,486
	Total accrued expenses and other liabilities	$	23,042	$	40,887

BORROWINGS_Tables

BORROWINGS (Tables)	12 Months Ended
	Sep. 30, 2012
Debt Disclosure [Abstract]	'
Credit Facilities and Other Debt of the Company and Related Borrowings Outstanding	'
	The credit facilities and other debt of the Company and related borrowings outstanding are as follows (in thousands):
		As of September 30, 2012				September 30,
						2011
		Maximum Amount of		Borrowings Outstanding		Borrowings Outstanding
		Facility
	Corporate and Real Estate:
	TD Bank – secured revolving credit facility (1)	$	6,997	$	—	$	7,493
	TD Bank – term loan	—		—		1,250
	Republic Bank – secured revolving credit facility	3,500		—		—
				—		8,743
	Senior Notes (2)			10,000		16,263
	Mortgage debt			10,531		10,700
	Other debt			812		548
	Total corporate and real estate borrowings			21,343		36,254
	Commercial Finance debt			—		177,800
	Total borrowings outstanding			$	21,343	$	214,054
	-1	The amount of the facility as shown has been reduced for outstanding letters of credit of $503,000 at September 30, 2012 and 2011.
	-2	The September 30, 2011 balance shown is net of an unamortized discount of $2.6 million related to the fair value of detachable warrants issued to the note holders. In conjunction with the refinancing of the Senior Notes in November 2011, the remaining unamortized discount was charged off to Loss on Extinguishment of Debt in the consolidated statements of operations.
Annual Principal Payments on the Company's Aggregate Borrowings Over the Next Five Years and Thereafter	'
	Annual principal payments on the Company’s aggregate borrowings for the next five fiscal years ending September 30, and thereafter, are as follows (in thousands):
	2013	$	904
	2014	10,284
	2015	207
	2016	219
	2017	235
	Thereafter	9,494
		$	21,343

COMPREHENSIVE_INCOME_LOSS_Tabl

COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Sep. 30, 2012
Comprehensive Income (Loss) [Abstract]	'
Changes in Accumulated Other Comprehensive Income (Loss) by Category	'
	The following are changes in accumulated other comprehensive income (loss) by category (in thousands):
		Investment Securities		Cash Flow Hedges			Foreign Currency			SERP Pension			Total
		Available-for-Sale					Translation Adjustments			Liability
	Balance, October 1, 2010 (as restated), net of tax of $279, $(146), $0 and $(1,966)	$	447	$	(171	)	$	(368	)	$	(2,507	)	$	(2,599	)
	Changes during fiscal 2011	376		(51		)	368			(463		)	230
	Balance, September 30, 2011, net of tax of $519, $(202), $0 and $(2,271)	823		(222		)	—			(2,970		)	(2,369		)
	Changes during fiscal 2012	17		200			—			(74		)	143
	Balance, September 30, 2012, net of tax of $533, $(15), $0 and $(2,329)	$	840	$	(22	)	$	—		$	(3,044	)	$	(2,226	)

DERIVATIVE_INSTRUMENTS_Tables

DERIVATIVE INSTRUMENTS (Tables)	12 Months Ended
	Sep. 30, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Schedule of Derivative Instruments Reported at Fair Value	'
	Derivative instruments were reported at fair value as of September 30, 2011 as follows (in thousands, except number of contracts):
		Notional Amount		Termination Date of Swap	Derivative Liability Reported in Accrued Expenses and Other Liabilities		Number of Contracts
	Interest rate swaps designated as cash flow hedges	$	60,615	March 15, 2015	$	404	4

NONCONTROLLING_INTERESTS_Table

NONCONTROLLING INTERESTS (Tables)	12 Months Ended
	Sep. 30, 2012
Noncontrolling Interest [Abstract]	'
Activity in Noncontrolling Interest	'
	The following table presents the activity in noncontrolling interests during fiscal 2012 (in thousands):
		RSO			RAI
	Noncontrolling interests, October 1, 2011	$	398,377		$	(1,269	)
	Net income attributable to noncontrolling interests	62,520			(223		)
	Other comprehensive income	19,249			49
	Proceeds from issuance of stock, net	170,928			—
	Amortization of stock based compensation	4,636			—
	Distributions to noncontrolling interests	(74,243		)	(80		)
	Deconsolidation of LEAF	—			1,648
	Other	(17		)	83
	Noncontrolling interest, September 30, 2012	$	581,450		$	208
	The following table presents the activity in noncontrolling interests during fiscal 2011 (in thousands):
		RSO			RAI
	Noncontrolling interests, October 1, 2010 (as restated)	$	316,588		$	(2,873	)
	Net income (loss) attributable to noncontrolling interests	36,283			(2,111		)
	Other comprehensive income	(12,409		)	(24		)
	Proceeds from issuance of stock, net	129,911			—
	Amortization of stock based compensation	2,526			40
	Distributions to noncontrolling interests	(72,837		)	—
	Related party debt forgiveness	(1,552		)	—
	Other	(133		)	1
	Exchange of LEAF Financial common stock held by management for LEAF common stock	—			3,467
	LEAF common stock issuance costs	—			(221		)
	Warrants issued to Guggenheim	—			452
	Noncontrolling interests, September 30, 2011	$	398,377		$	(1,269	)

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Sep. 30, 2012
Income Tax Disclosure [Abstract]	'
Components of Income Taxes	'
	The following table details the allocation of the Company's provision (benefit) for income taxes from continuing operations between RAI and RSO:
		Fiscal Years Ended September 30,
		2012				2011				2010
	RAI	$	13,512			$	(4,607	)		(2,650		)
	RSO	14,602				12,036				—
	Total	$	28,114			$	7,429			$	(2,650	)
	The following table details the components of the Company's provision (benefit) for income taxes from continuing operations excluding RSO (in thousands):
		Fiscal Years Ended September 30,
		2012				2011				2010
	Current tax provision:
	Federal	$	—			$	51			$	1,379
	State	959				574				535
	Foreign	44				425				—
	Total current tax provision	1,003				1,050				1,914
	Deferred tax provision (benefit)
	Federal	13,787				(4,668		)		(5,795		)
	State	(1,278		)		(2,056		)		(223		)
	Foreign	—				1,067				1,454
	Total deferred tax provision (benefit)	12,509				(5,657		)		(4,564		)
	Total income tax provision (benefit)	$	13,512			$	(4,607	)		$	(2,650	)
	The following table details the components of income taxes (in thousands):
		Years Ended December 31,
		2012				2011
	Provision (benefit) for income taxes:
	Current:
	Federal	$	11,497			$	7,839
	State	776				4,596
	Total current	12,273				12,435
	Deferred:
	Federal	1,769				(305		)
	State	560				(94		)
	Total deferred	2,329				(399		)
	Income tax provision (benefit)	$	14,602			$	12,036
Reconciliation Between Federal Statutory Income Tax Rate and Effective Income Tax Rate	'
	A reconciliation between the federal statutory income tax rate and the Company's effective income tax rate excluding RSO is as follows:
		Fiscal Years Ended September 30,
		2012			2011			2010
	Statutory tax rate	35	%		35	%		35	%
	State and local taxes, net of federal benefit	2			13			12
	Deconsolidation adjustment	(6	)		—			—
	Return permanent adjustments	—			12			(7	)
	Taxable foreign distributions	—			(6	)		—
	Valuation allowance for deferred tax assets	2			(4	)		(18	)
	Equity-based compensation expense	—			(3	)		(8	)
	Other items	1			—			(1	)
		34	%		47	%		13	%
	A reconciliation between the federal statutory income tax rate and effective income tax rate is as follows:
		Years Ended December 31,
		2012			2011
	Statutory tax	35	%		35	%
	State and local taxes, net of federal benefit	1	%		15	%
	Valuation allowance for deferred tax assets	—	%		—	%
	Subpart F income	13	%		11	%
	Basis difference in LEAF Commercial Capital investment	—	%		6	%
	Other items	5	%		—	%
		54	%		67	%
Components of Deferred Tax Assets and Liabilities	'
	The components of deferred tax assets, net, excluding RSO are as follows (in thousands):
		September 30,
		2012				2011
	Deferred tax assets related to:
	Federal, foreign, state and local operating loss carryforwards	$	23,225			$	23,594
	Capital loss carryforwards	1,314				24,752
	Unrealized loss on investments	2,118				2,164
	Provision for credit losses	11,288				4,627
	Accrued expenses	2,059				3,685
	Employee equity compensation awards	906				1,242
	Investments in real estate assets	1,076				41
	Property and equipment basis differences	—				681
	Gross deferred tax assets	41,986				60,786
	Less:  valuation allowance	(5,812		)		(4,858		)
		36,174				55,928
	Deferred tax liabilities related to:
	Investments in partnership interests	(6,001		)		(12,013		)
	Deferred income	(2,312		)		—
	Property and equipment basis differences	(91		)		—
		(8,404		)		(12,013		)
	Deferred tax assets, net	$	27,770			$	43,915
	The components of deferred tax assets and liabilities are as follows (in thousands):
		December 31,
		2012				2011
	Deferred tax assets related to:
	Investment in securities	$	118			$	119
	Intangible assets basis difference	2,557				490
	Federal, state and local loss carryforwards	45				17
	Capital loss carryforward	12				—
	Partnership investment	34				—
	Total deferred tax assets	2,766				626
	Valuation allowance	—				—
	Total deferred tax assets	$	2,766			$	626
	Deferred tax liabilities related to:
	Unrealized income/loss on investments	$	(4,286	)		$	(1,188	)
	Equity investments	(838		)		(394		)
	Basis difference in LEAF Commercial Capital investment	(185		)		(3,390		)
	Subpart F income	(3,067		)		(652		)
	Total deferred tax liabilities	$	(8,376	)		$	(5,624	)

EARNINGS_LOSS_PER_SHARE_Tables

EARNINGS (LOSS) PER SHARE (Tables)	12 Months Ended
	Sep. 30, 2012
Earnings Per Share [Abstract]	'
Reconciliation of Components Used in Computation of Basic and Diluted EPS	'
	The following table presents a reconciliation of the shares used in the computation of Basic EPS and Diluted EPS (in thousands):
		Fiscal Year Ended
		30-Sep-12
	Shares
	Basic shares outstanding	19,740
	Dilutive effect of outstanding stock options, warrants and director units	894
	Dilutive shares outstanding	20,634

BENEFIT_PLANS_Tables

BENEFIT PLANS (Tables)	12 Months Ended
	Sep. 30, 2012
Compensation and Retirement Disclosure [Abstract]	'
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	'
	Unearned Performance-based Restricted Stock	Shares
	Outstanding, beginning of year	136,000
	Awarded	—
	Earned	(12,000	)
	Forfeited	(100,000	)
	Outstanding, end of year	24,000
Schedule of Share-based Compensation, Stock Options, Activity	'
	Aggregate information regarding the Company’s employee stock options as of September 30, 2012 is as follows:
	Stock Options Outstanding	Shares			Weighted				Weighted		Aggregate
					Average				Average		Intrinsic Value
					Exercise Price				Contractual Life
	Balance, beginning of year	2,083,215			$	9.9			2.5		$	1,636,000
	Granted	—			$	—
	Exercised	(1,034,738	)		$	(3.58	)
	Forfeited and/or expired	(3,251	)		$	(19.06	)
	Balance, end of year	1,045,226			$	16.12			3		$	21,594
	Exercisable, September 30, 2012	1,045,226			$	—
	Available for grant	861,296		(1)
	-1	At the Company’s 2011 Annual Meeting, shareholders approved an 800,000 increase in the shares authorized for grant under the Company’s 2005 Plan.  The shares available for grant reflect this increase, as reduced by restricted stock award grants, net of forfeitures.
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	'
	The following table summarizes the activity for nonvested employee stock options and restricted stock (excluding performance-based awards) during fiscal 2012:
		Shares			Weighted Average
					Grant Date
					Fair Value
	Nonvested Stock Options
	Outstanding, beginning of year	22,687			$	3.48
	Granted	—			$	—
	Vested	(22,687	)		$	(3.48	)
	Forfeited and/or expired	—			$	—
	Outstanding, end of year	—			$	—
	Nonvested Restricted Stock
	Outstanding, beginning of year	649,007			$	5.85
	Granted	45,143			$	6.42
	Vested and issued	(278,125	)		$	(6.86	)
	Forfeited	(12,830	)		$	(4.77	)
	Outstanding, end of year	403,195			$	5.23
Schedule of Share-based Compensation, Nonemployee Director Stock Award Plan, Activity	'
	Aggregate information regarding the Company’s three director plans at September 30, 2012 was as follows:
		Shares			Weighted Average
					Grant Date
					Fair Value
	Director Units
	Outstanding, beginning of year	238,737			$	6.56
	Granted	30,255			$	5.95
	Issued	(19,612	)		$	(6.88	)
	Forfeited	(4,697	)		$	(4.79	)
	Outstanding, end of year	244,683			$	6.38
	Vested units	219,125			$	6.41
	Available for grant	190,346
Schedule of Share-based Compensation, Nonemployee Director Stock Award Plan, Nonvested Activity	'
	The following table summarizes the activity for outstanding nonvested director units during fiscal 2012:
		Shares			Weighted Average
					Grant Date
					Fair Value
	Nonvested Director Units
	Outstanding, beginning of year	34,115			$	6.38
	Granted	30,255			$	5.95
	Vested	(34,115	)		$	(6.38	)
	Forfeited	(4,697	)		$	(4.79	)
	Outstanding, end of year	25,558			$	6.16
Components of Net Periodic Benefit Costs for the SERP	'
	The components of net periodic benefit costs for the SERP were as follows (in thousands):
		Fiscal Years Ended September 30,
		2012				2011				2010
	Interest cost	$	325			$	366			$	430
	Less: expected return on plan assets	(70		)		(66		)		(59		)
	Plus: Amortization of unrecognized loss	378				298				263
	Net cost	$	633			$	598			$	634
Reconciliation of SERP Benefit Obligation and Fair Value of Plan Assets, Comprised Entirely of Equity Securities and Funded Status of SERP Liability	'
	The reconciliation of the beginning and ending balances for the SERP benefit obligation and fair value of plan assets, comprised entirely of equity securities, as well as the funded status of the Company’s SERP liability, is as follows (in thousands):
		September 30,
		2012				2011
	Projected benefit obligation, beginning of year	$	8,216			$	7,626
	Interest cost	325				366
	Actuarial loss	847				1,062
	Benefit payments	(838		)		(838		)
	Projected benefit obligation, end of year	$	8,550			$	8,216
	Fair value of plan assets, beginning of year	$	1,167			$	1,106
	Actual gain on plan assets	407				61
	Fair value of plan assets, end of year	$	1,574			$	1,167
	Unfunded status	$	(6,976	)		$	(7,049	)
	Unrecognized net actuarial loss	5,373				5,241
	Net accrued cost	$	(1,603	)		$	(1,808	)
	Amounts recognized in the consolidated balance sheets consist of:
	Accrued benefit liability	$	(6,976	)		$	(7,049	)
	Accumulated other comprehensive loss	3,044			(1)	2,970
	Deferred tax asset	2,329				2,271
	Net liability recognized	$	(1,603	)		$	(1,808	)
	-1	The estimated net loss for the plan that is expected to be amortized from accumulated other comprehensive loss into net periodic pension benefit cost over the next fiscal year is $399,000.
Fair Value of Paln Asset by Level Within the Fair Value Hierarchy	'
	As of September 30, 2012, the fair value of the SERP plan asset by level within the fair value hierarchy was as follows (in thousands):
		Level 1				Level 2				Level 3			Total
	Asset:
	Equity securities - TBBK	$	1,574			$	—			$	—		$	1,574
Schedule of Expected Benefit Payments	'
	The SERP is expected to make benefit payments based on the same assumptions used to measure the Company’s benefit obligation at September 30, 2012 (2.9% discount rate, 6% expected return on assets) over the next five fiscal years ending September 30, and thereafter, as follows (in thousands):
		2013	$	838
		2014	827
		2015	782
		2016	757
		2017	729
		Thereafter	3,131
			$	7,064

CERTAIN_RELATIONSHIPS_AND_RELA1

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Sep. 30, 2012
Related Party Transactions [Abstract]	'
Details of Receivable and Payables and Fees, Dividends and Reimbursed Expenses	'
	The following table details these receivables and payables (in thousands):
		September 30,
		2012			2011
	Receivables from managed entities and related parties, net:
	Commercial finance investment entities (1)	$	13,904		$	29,725
	Real estate investment entities (2)	18,169			19,749
	Financial fund management investment entities	2,193			2,540
	Other	152			103
	Receivables from managed entities and related parties	$	34,418		$	52,117
	Payables due to managed entities and related parties, net:
	Real estate investment entities (3)	$	3,900		$	1,010
	Other	449			—
	Payables to managed entities and related parties	$	4,349		$	1,010
	-1	Reflects $25.1 million of reserves for credit losses related to management fees owed from three commercial finance investment entities that, based on a change in estimated cash distributions, are not expected to be collectible.
	-2	Reflects $2.5 million of reserves for credit losses related to management fees owed from two real estate investment entities that, based on projected cash flows, are not expected to be collectible.
	-3	Reflects $2.9 million in funds provided by the real estate investment entities, which are held by the Company to self insure the properties held by those entities.
Schedule of Fees, Dividends and Reimbursed Expenses from Several Related/Managed Entities	'
	The following table details those activities (in thousands):
		Fiscal Years Ended September 30,
		2012			2011			2010
	Fees from unconsolidated investment entities:
	Real estate (1)	$	17,301		$	12,847		$	11,638
	Financial fund management (2)	3,183			4,391			3,445
	Commercial finance (3)	—			—			10,637
	CVC Credit Partners – reimbursement of net costs and expenses	1,866			—			—
	RRE Opportunity REIT:
	Reimbursement of costs and expenses	874			1,843			1,824
	Dividends paid	14			—			—
	LEAF:
	Payment for sub-servicing the commercial finance investment	(2,172		)	—			—
	partnerships
	Payment for rent and related expenses	(686		)	—			—
	Reimbursement of net costs and expenses	288			—			—
	1845 Walnut Associates Ltd. – payment of rent and operating expenses	(637		)	(706		)	(567		)
	Brandywine Construction & Management, Inc. – payment for property management of hotel property	(216		)	(203		)	(197		)
	Atlas Energy, L.P. – reimbursement of net costs and expenses	634			1,070			871
	Ledgewood P.C. – payment for legal services	(564		)	(555		)	(295		)
	Graphic Images, LLC – payment for printing services	(216		)	(111		)	(94		)
	The Bancorp, Inc. – reimbursement of net costs and expenses	135			34			—
	9 Henmar LLC – payment of broker/consulting fees	(46		)	(50		)	(55		)
	-1	Reflects discounts recorded by the Company of $216,000, $512,000 and $463,000 recorded in fiscal 2012, 2011 and 2010 in connection with management fees from its real estate investment entities that it expects to receive in future periods.
	-2	For fiscal 2010, excludes a $2.3 million gain on the repurchase of limited partner interests in two of the Trapeza partnerships.
	-3	During fiscal 2012, 2011 and 2010, the Company waived $4.7 million, $8.1 million and $3.8 million, respectively, of its fund management fees from its commercial finance investment entities.

FAIR_VALUE_Tables

FAIR VALUE (Tables)	12 Months Ended
	Sep. 30, 2012
Fair Value Disclosures [Abstract]	'
Company's Asset Recorded at Fair Value on Recurring Basis	'
	As of September 30, 2012, the fair values of the Company’s assets recorded at fair value on a recurring basis were as follows (in thousands):
		Level 1			Level 2			Level 3		Total
	Asset:
	Investment securities	$	195		$	—		$	6,835	$	7,030
	As of September 30, 2011, the fair values of the Company’s assets recorded at fair value on a recurring basis were as follows (in thousands):
		Level 1			Level 2			Level 3		Total
	Assets:
	Investment securities	$	376		$	—		$	2,356	$	2,732
	Retained financial interest – commercial finance	—			—			22		22
	Total	$	376		$	—		$	2,378	$	2,754
	Liability:
	Interest rate swap	$	—		$	404		$	—	$	404
Additional Information about Assets Measured at Fair Value on Recurring Basis for which the Company Has Utilized Level 3 Inputs to Determine Fair Value	'
	The following table presents additional information about assets which were measured at fair value on a recurring basis for which the Company has utilized Level 3 inputs to determine fair value during fiscal 2012 (in thousands):
		Investment Securities			Retained Financial Interest
	Balance, beginning of year	$	2,356		$	22
	Purchases	7,570			—
	Income accreted	823			—
	Payments and distributions received	(2,827		)	—
	Sales	(2,999		)	—
	Impairment recognized in earnings	(74		)	—
	Gains on sales of trading securities	909			—
	Unrealized holding gain on trading securities	1,108			—
	Deconsolidation of LEAF	—			(22		)
	Change in unrealized losses – included in accumulated other comprehensive loss	(31		)	—
	Balance, end of year	$	6,835		$	—
	The following table presents additional information about assets which were measured at fair value on a recurring basis for which the Company has utilized Level 3 inputs to determine fair value during fiscal 2011 (in thousands):
		Investment Securities			Retained Financial Interest
	Balance, beginning of year	$	6,223		$	273
	Purchases, sales, issuances and settlements, net	(2,946		)	—
	Loss on sale of investment securities, net	(1,470		)	—
	Income accreted	948			—
	Payment and distributions received	(861		)	(251		)
	Change in unrealized losses – included in accumulated other comprehensive loss	462			—
	Balance, end of year	$	2,356		$	22
Quantitative Inputs and Assumptions in Determining the Fair Value of Items Categorized in Level 3	'
	The following table presents the Company's quantitative inputs and assumptions used in determining the fair value of items categorized in Level 3 (in thousands, except percentages):
		Fair Value at			Valuation Technique		Unobservable Inputs	Assumptions
		30-Sep-12						(weighted average)
	CLO securities	$	3,771		Discounted cash flow		Constant default rate	2%
							Loss severity rate	30%
							Constant prepayment rate	25%
							Reinvestment price on collateral	99%
							Discount rate	20%
Changes in Carrying Value of Assets and Liabilities Measured at Fair Value on Non-recurring Basis	'
	The Company recognized the following changes in carrying value of the assets and liabilities measured at fair value on a non-recurring basis, as follows (in thousands):
		Level 1			Level 2			Level 3		Total
	Fiscal Year Ended September 30, 2012:
	Assets:
	Receivables from managed entities – commercial finance and real estate	$	—		$	—		$	16,752	$	16,752
	Investment in real estate	—			727			—		727
	Investment in real estate - office building	—			—			906		906
	Investment in CVC Credit Partners	—			—			28,600		28,600
	Investment in Apidos-CVC preferred equity	—			—			6,792		6,792
	Investment in LEAF	—			—			1,749		1,749
	Total	$	—		$	727		$	54,799	$	55,526
	Liability:
	Apidos contractual commitment	$	—		$	—		$	589	$	589
	Fiscal Year Ended September 30, 2011:
	Assets:
	Investments in commercial finance – impaired loans and leases	$	—		$	—		$	310	$	310
	Receivables from managed entities	—			—			18,941		18,941
	Total	$	—		$	—		$	19,251	$	19,251
	Liability:
	Guggenheim - secured revolving credit facility	$	—		$	—		$	49,266	$	49,266
Fair Value of Financial Instruments	'
	The fair value of financial instruments required to be disclosed at fair value, excluding instruments valued on a recurring basis, is as follows (in thousands):
		September 30, 2012						September 30, 2011
		Carrying Amount			Estimated Fair Value			Carrying Amount		Estimated Fair Value
	Assets:
	Receivables from managed entities	$	34,418		$	34,418		$	52,117	$	36,526
	Investments in commercial finance – loans held for investment	—			—			19,640		19,550
		$	34,418		$	34,418		$	71,757	$	56,076
	Borrowings:
	Real estate debt	$	10,531		$	11,554		$	10,700	$	10,700
	Senior Notes	10,000			11,364			16,263		17,438
	Corporate secured credit facilities and note	—			—			8,743		8,743
	Other debt	812			812			2,102		1,204
	Commercial finance debt	—			—			176,246		176,246
		$	21,343		$	23,730		$	214,054	$	214,331

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Sep. 30, 2012
Commitments and Contingencies Disclosure [Abstract]	'
Schedule of Future Minimum Rental and Lease Payments for Operating and Capital Leases	'
	At September 30, 2012, future minimum rental commitments (net of subleases) under operating and capital leases over the next five fiscal years ending September 30, and thereafter were as follows (in thousands):
		Operating		Capital		Total
	2013	$	1,802	$	250	$	2,052
	2014	2,000		91		2,091
	2015	2,043		—		2,043
	2016	2,064		—		2,064
	2017	1,994		—		1,994
	Thereafter	7,537		—		7,537
		$	17,440	$	341	$	17,781

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Sep. 30, 2012
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule of Operating Results of Discontinued Operations	'
	The summarized operating results of discontinued operations are as follows (in thousands):
		Fiscal Years Ended September 30,
		2012			2011			2010
	(Loss) income from discontinued operations	$	(90	)	$	(3,387	)	$	622
	Benefit for income taxes	32			1,185			—
	(Loss) income from discontinued operations, net of tax	$	(58	)	$	(2,202	)	$	622

OPERATING_SEGMENTS_Tables

OPERATING SEGMENTS (Tables)	12 Months Ended
	Sep. 30, 2012
Segment Reporting [Abstract]	'
Summarized Operating Segment Data	'
		Real				Financial				Commercial				All Other (1)				Total				RSO			Eliminations				Total
		Estate				Fund				Finance								RAI											Consolidation
						Management
	Fiscal Year Ended September 30, 2012:
	Revenues from external customers	$	38,162			$	18,700			$	4,135			$	—			$	60,997			$	123,698		$	(17,234	)		$	167,461
	Equity in earnings (losses) of unconsolidated entities	2,433				3,257				(2,251		)		—				3,439				—			—				3,439
	Total revenues	40,595				21,957				1,884				—				64,436				123,698			(17,234		)		170,900
	Segment operating expenses	(29,669		)		(17,086		)		(2,414		)		—				(49,169		)		(63,850		)	16,360				(96,659		)
	Restructuring expenses	—				—				—				(365		)		(365		)		—			—				(365		)
	General and administrative expenses	(356		)		(2,683		)		—				(7,421		)		(10,460		)		—			—				(10,460		)
	Gain on sale of leases and loans	—				—				37				—				37				—			—				37
	Impairment charges	(2,280		)		—				—				—				(2,280		)		—			—				(2,280		)
	Provision for credit losses	(342		)		—				(16,904		)		—				(17,246		)		—			—				(17,246		)
	Depreciation and amortization	(1,303		)		(126		)		(1,556		)		(668		)		(3,653		)		—			—				(3,653		)
	Gain on sale and deconsolidation of subsidiaries	—				54,542				8,749				—				63,291				—			—				63,291
	Loss on extinguishment of debt	—				—				—				(2,190		)		(2,190		)		—			—				(2,190		)
	(Loss) gain on sale of investment securities, net	—				41				—				22				63				—			—				63
	Impairment loss recognized in earnings	—				(74		)		—				—				(74		)		—			—				(74		)
	Interest expense	(856		)		—				(1,749		)		(2,136		)		(4,741		)		—			—				(4,741		)
	Other income (expense), net	522				2,104				—				(523		)		2,103				19,197			(1,947		)		19,353
	Pretax loss (income) attributable to noncontrolling interests (2)	5				—				(224		)		—				(219		)		(1,244		)	(60,705		)		(62,168		)
	Income (loss) including noncontrolling interest before intercompany interest expense and taxes	6,316				58,675				(12,177		)		(13,281		)		39,533				77,801			(63,526		)		53,808
	Intercompany interest (expense) income	—				—				(29		)		29				—				—			—				—
	Income (loss) from continuing operations including noncontrolling interests before taxes	$	6,316			$	58,675			$	(12,206	)		$	(13,252	)		$	39,533			$	77,801		$	(63,526	)		$	53,808
		Real				Financial				Commercial				All				Total				RSO			Eliminations				Total
		Estate				Fund				Finance				Other (1)				RAI											Consolidation
						Management
	Fiscal Year Ended September 30, 2011:
	Revenues from external customers	$	30,275			$	22,904			$	22,460			$	—			$	75,639			$	95,986		$	(15,070	)		$	156,555
	Equity in earnings (losses) of unconsolidated entities	8,105				2,937				(665		)		—				10,377				—			—				10,377
	Total revenues	38,380				25,841				21,795				—				86,016				95,986			(15,070		)		166,932
	Segment operating expenses	(24,465		)		(20,562		)		(15,207		)		—				(60,234		)		(50,103		)	11,061				(99,276		)
	General and administrative expenses	(327		)		(3,176		)		—				(8,019		)		(11,522		)		—			—				(11,522		)
	Gain on sale of leases and loans	—				—				659				—				659				—			—				659
	Provision for credit losses	(2,193		)		—				(8,468		)		—				(10,661		)		—			—				(10,661		)
	Depreciation and amortization	(1,279		)		(164		)		(8,766		)		(530		)		(10,739		)		—			—				(10,739		)
	Gain on sale of management contract	—				6,520				—				—				6,520				—			—				6,520
	(Loss) gain on sale of investment securities, net	—				(1,384		)		—				186				(1,198		)		—			—				(1,198		)
	Interest expense	(1,109		)		—				(8,563		)		(5,671		)		(15,343		)		—			—				(15,343		)
	Other income (expense), net	544				2,590				13				(905		)		2,242				3,869			(2,243		)		3,868
	Pretax loss attributable to noncontrolling interests (2)	52				—				99				—				151				—			(33,373		)		(33,222		)
	Income (loss) including noncontrolling interest before intercompany interest expense and taxes	9,603				9,665				(18,438		)		(14,939		)		(14,109		)		49,752			(39,625		)		(3,982		)
	Intercompany interest (expense) income	—				—				(1,678		)		1,678				—				—			—				—
	Income (loss) from continuing operations including noncontrolling interests before taxes	$	9,603			$	9,665			$	(20,116	)		$	(13,261	)		$	(14,109	)		$	49,752		$	(39,625	)		$	(3,982	)
			Real				Financial				Commercial				All				Total
			Estate				Fund				Finance				Other (1)
							Management
	Fiscal Year Ended September 30, 2010:
	Revenues from external customers		$	31,042			$	27,243			$	25,573			$	—			$	83,858
	Equity in earnings (losses) of unconsolidated entities		869				5,897				(1,896		)		—				4,870
	Total revenues		31,911				33,140				23,677				—				88,728
	Segment operating expenses		(20,780		)		(21,028		)		(18,164		)		—				(59,972		)
	General and administrative expenses		(316		)		(3,668		)		(428		)		(8,560		)		(12,972		)
	Loss on sale of leases and loans		—				—				(8,097		)		—				(8,097		)
	Impairment of intangible assets		—				—				(2,828		)		—				(2,828		)
	Provision for credit losses		(49		)		(1		)		(5,159		)		—				(5,209		)
	Depreciation and amortization		(1,304		)		(196		)		(5,693		)		(649		)		(7,842		)
	Other-than-temporary impairment losses recognized in earnings		—				(480		)		—				(329		)		(809		)
	Interest expense		(1,074		)		(3		)		(6,271		)		(5,738		)		(13,086		)
	Loss on sale of loans and investment securities, net		—				(451		)		—				—				(451		)
	Other income (expense), net		387				2,429				1				(226		)		2,591
	Pretax loss attributable to noncontrolling interests (2)		61				8				4,854				—				4,923
	Income (loss) including noncontrolling interest before intercompany interest expense and taxes		8,836				9,750				(18,108		)		(15,502		)		(15,024		)
Intercompany interest (expense) income		—				—				(6,115		)		6,115				—
Income (loss) from continuing operations including noncontrolling interests before taxes		$	8,836			$	9,750			$	(24,223	)		$	(9,387	)		$	(15,024	)
Segment assets		Real				Financial				Commercial				All				Total				RSO			Eliminations				Total
		Estate				Fund				Finance				Other (1)				RAI											Consolidation
						Management
2012		$	169,727			$	82,862			$	15,497			$	(71,343	)		$	196,743			$	2,478,251		$	(30,731	)		$	2,644,263
2011		$	162,950			$	39,246			$	260,808			$	(40,498	)		$	422,506			$	2,284,724		$	(70,245	)		$	2,636,985
2010		$	155,434			$	36,647			$	81,053			$	(38,881	)		$	234,253			$	—		$	—			$	234,253
-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 from (loss) income from operations as computed in accordance with U.S. GAAP and should be deducted to compute (loss) income from operations as reflected in the Company’s consolidated statements of operations.

UNAUDITED_QUARTERLY_FINANCIAL_1

UNAUDITED QUARTERLY FINANCIAL DATA (Tables)	12 Months Ended
	Sep. 30, 2012
Quarterly Financial Information Disclosure [Abstract]	'
Schedule of Quarterly Financial Information	'
The Company is restating the previously issued financial statements covering the three months ended on December 31, 2010, March 31, 2011, June 30, 2011 and September 30, 2011 respectively, to reflect the consolidation of RSO in the tables presented below:
Quarterly Results for Fiscal 2011 (1)	31-Dec			31-Mar			30-Jun			30-Sep
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Revenues	$	16,680		$	20,347		$	27,589		$	21,400
Revenues from consolidated VIE- RSO	22,638			26,150			21,987			25,211
Elimination of consolidated VIE revenues attributed to operating segments	(4,036		)	(3,221		)	(3,632		)	(4,181		)
Total revenues	35,282			43,276			45,944			42,430
Operating income	8,404			5,896			15,070			6,023
Income (loss) from continuing operations	10,452			1,555			13,429			(3,625		)
Loss from discontinued operations	—			(2,153		)	(23		)	(26		)
Net income (loss)	10,452			(598		)	13,406			(3,651		)
Net loss attributable to noncontrolling interests	625			513			513			460
Net income attributable to noncontrolling interests - RSO	(12,579		)	(8,868		)	(14,436		)	(400		)
Net loss attributable to common shareholders	(1,502		)	(8,953		)	(517		)	(3,591		)
Basic and Diluted loss per common share:
Continuing operations	$	(0.08	)	$	(0.35	)	$	(0.03	)	$	(0.18	)
Discontinued operations	—			(0.11		)	—			—
Net loss	$	(0.08	)	$	(0.46	)	$	(0.03	)	$	(0.18	)
-1	Fiscal 2011 – significant events by quarter:
•	December 31 – included a net gain of $5.1 million ($3.2 million net of tax, or $0.17 per share-diluted) on the sale of the Company’s management contract and equity investment in REM I.
•	March 31 – included a $3.4 million ($2.2 million net of tax, or $0.11 per share-diluted) loss from discontinued operations in connection with the March 2006 sale of a real estate loan in which the Company agreed to make payments under certain circumstances to the owner.  In March 2011, a triggering event occurred.
•	June 30 – included a $7.6 million ($3.3 million net of tax, or $0.17 per share-diluted) equity gain based on the Company’s interest in an office building that was sold in Washington, DC.
•	September 30 – the gain related to the third quarter sale of the Washington, DC building increased by $800,000 ($361,000 net of tax, or $0.02 per share-diluted) based on the release of funds from escrow.
Consolidated Balance Sheets
(in thousands, except per share data)
(unaudited)
	December 31,			September 30,
	2010			2010
	(Restated)
ASSETS
Cash	$	14,530		$	11,243
Restricted cash	5,401			12,018
Receivables	622			1,671
Receivables from managed entities and related parties, net	60,401			66,416
Investments in commercial finance, net	22,286			12,176
Investments in real estate, net	28,502			27,114
Investment securities, at fair value	3,678			22,358
Investments in unconsolidated entities	14,387			13,825
Asset of consolidated variable interest entity ("VIE") - RSO
Cash and cash equivalents (including restricted cash)	221,138			—
Investments, at fair value	182,778			—
Loans	1,486,549			—
Investment in real estate and unconsolidated entities	11,233			—
Other assets	33,230			—
Total assets of consolidated VIE - RSO	1,934,928			—
Property and equipment, net	8,324			9,984
Deferred tax assets	36,625			43,703
Goodwill	7,969			7,969
Other assets	5,411			5,776
Total assets	$	2,143,064		$	234,253
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	30,348		$	38,492
Payables to managed entities and related parties	184			156
Borrowings	63,701			66,110
Deferred tax liabilities	411			411
Liabilities of consolidated VIE -- RSO
Borrowings	1,463,701			—
Other liabilities	45,116			—
Total liabilities of consolidated VIE - RSO	1,508,817			—
Total liabilities	1,603,461			105,169
Commitments and contingencies
Equity:
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	—			—
Common stock, $.01 par value, 49,000,000 shares authorized; 28,171,720 and 28,167,909 shares issued, respectively (including nonvested restricted stock of 732,308 and 741,086, respectively)	274			274
Additional paid-in capital	282,062			281,378
Accumulated deficit	(34,298		)	(37,558		)
Treasury stock, at cost; 9,118,549 and 9,125,253 shares, respectively	(99,245		)	(99,330		)
Accumulated other comprehensive loss	(1,773		)	(12,807		)
Total stockholders’ equity	147,020			131,957
Noncontrolling interests	(3,474		)	(2,873		)
Noncontrolling interest of consolidated VIE - RSO	396,057			—
Total equity	539,603			129,084
	$	2,143,064		$	234,253
Consolidating Balance Sheet
(in thousands, except per share data)
(unaudited)
	December 31, 2010
				Restatement Adjustments
				RSO at
	As Reported			31-Mar-11			Eliminations			As Restated
ASSETS
Cash	$	14,530		$	—		$	—		$	14,530
Restricted cash	5,401			—			—			5,401
Receivables	622			—			—			622
Receivables from managed entities and related parties, net	62,016			—			(1,615		)	60,401
Investments in commercial finance, net	22,286			—			—			22,286
Investments in real estate, net	27,462			—			1,040			28,502
Investment securities, at fair value	21,716			—			(18,038		)	3,678
Investments in unconsolidated entities	14,387			—			—			14,387
Assets of consolidated VIE - RSO:
Cash and cash equivalents (including restricted cash)	—			221,138			—			221,138
Investments, at fair value	—			182,778			—			182,778
Loans	—			1,488,488			(1,939		)	1,486,549
Investments in real estate and consolidated entities	—			11,233			—			11,233
Other assets - RSO	—			33,998			(768		)	33,230
Total assets of consolidated VIE - RSO	—			1,937,635			(2,707		)	1,934,928
Property and equipment, net	9,364			—			(1,040		)	8,324
Goodwill	7,969			—			—			7,969
Deferred tax assets, net	42,010			—			(5,385		)	36,625
Other assets	5,411			—			—			5,411
Total assets	$	233,174		$	1,937,635		$	(27,745	)	$	2,143,064
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	35,661		$	—		$	(5,313	)	$	30,348
Payables to managed entities and related parties	952			—			(768		)	184
Borrowings	65,640			—			(1,939		)	63,701
Deferred tax liabilities	411			—			—			411
Liabilities of consolidated VIE - RSO:
Borrowings	—			1,463,701			—			1,463,701
Other liabilities	—			46,731			(1,615		)	45,116
Total liabilities of consolidated VIE - RSO	—			1,510,432			(1,615		)	1,508,817
Total liabilities	102,664			1,510,432			(9,635		)	1,603,461
Commitments and contingencies
Equity:
Preferred stock	—			—			—			—
Common stock	274			—			—			274
Additional paid-in capital	282,062			—			—			282,062
Accumulated deficit	(38,676		)	—			4,378			(34,298		)
Treasury stock, at cost	(99,245		)	—			—			(99,245		)
Accumulated other comprehensive loss	(10,431		)	—			8,658			(1,773		)
Total stockholders’ equity	133,984			—			13,036			147,020
Noncontrolling interests	(3,474		)	—			—			(3,474		)
Noncontrolling interest attributable to RSO	—			427,203			(31,146		)	396,057
Total equity	130,510			427,203			(18,110		)	539,603
	$	233,174		$	1,937,635		$	(27,745	)	$	2,143,064
Consolidated Statements of Operations
(in thousands, except per share data)
(unaudited)
	December 31,
	2010			2009
	(Restated)
REVENUES:
Real estate (includes revenues of $1,363 and $1,793 related to RSO)	$	6,874		$	6,947
Commercial finance (includes $144 and $24 related to RSO)	1,476			8,823
Financial fund management (includes revenues of $2,402 and $672 related to RSO)	8,330			9,652
	16,680			25,422
Revenues from consolidated VIE - RSO	22,638			—
Elimination of consolidated revenues attributed to operating segments	(4,036		)	—
Total revenues	35,282			25,422
COSTS AND EXPENSES:
Real estate	5,461			4,727
Financial fund management	6,720			4,704
Commercial finance	4,273			4,575
General and administrative	3,116			3,432
(Gain) loss on sale of leases and loans	(11		)	582
Provision for credit losses	1,606			776
Depreciation and amortization	1,125			2,206
	22,290			21,002
Expenses from consolidated VIE - RSO	7,698			—
Elimination of consolidated expenses attributed to operating segments	(3,110		)	—
Total expenses	26,878			21,002
OPERATING INCOME	8,404			4,420
OTHER INCOME (EXPENSE):
Gain on sale of management contract	6,520			—
Loss on sale of investment securities, net	(1,461		)	—
Interest expense	(2,369		)	(3,817		)
Other income, net	475			570
	3,165			(3,247		)
Other income from consolidated VIE - RSO	11			—
Elimination of consolidated VIE - RSO other income attributable to operating segments	39			—
	3,215			(3,247		)
Income from continuing operations before taxes	11,619			1,173
Income tax provision of consolidated VIE - RSO	1,809			—
Income tax (benefit) provision	(642		)	585
Net income	10,452			588
Net losses attributable to noncontrolling interests - RAI	625			383
Net income attributable to noncontrolling interests of consolidated VIE - RAO	(12,579		)	—
Net (loss) income attributable to common shareholders	$	(1,502	)	$	971
Basic (loss) income per share attributable to common shareholders:
Net (loss) income	$	(0.08	)	$	0.05
Weighted average shares outstanding	19,076			18,689
Diluted (loss) income per share attributable to common shareholders:
Net (loss) income	$	(0.08	)	$	0.05
Weighted average shares outstanding	19,076			18,962
Consolidating Statement of Operations
(in thousands, except per share data)
(unaudited)
	For the Three Months Ended December 31, 2010
				Restatement Adjustments
	As Reported			RSO (1)			Eliminations			As Restated
REVENUES:
Real estate	$	6,874		$	—		$	—		$	6,874
Financial fund management	8,330			—			—			8,330
Commercial finance	1,476			—			—			1,476
	16,680			—			—			16,680
Revenues from consolidated VIE - RSO	—			22,638			—			22,638
Elimination of consolidated VIE revenues attributed to operating segments	—			—			(4,036		)	(4,036		)
Total Revenues	16,680			22,638			(4,036		)	35,282
COSTS AND EXPENSES:
Real estate	5,461			—			—			5,461
Financial fund management	6,720			—			—			6,720
Commercial finance	4,273			—			—			4,273
General and administrative	3,116			—			—			3,116
(Gain) loss on sale of leases and loans	(11		)	—			—			(11		)
Provision for credit losses	1,606			—			—			1,606
Depreciation and amortization	1,125			—			—			1,125
	22,290			—			—			22,290
Expenses from consolidated VIE - RSO	—			9,507			(1,809		)	7,698
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(3,110		)	(3,110		)
Total expenses	22,290			9,507			(4,919		)	26,878
OPERATING (LOSS) INCOME	(5,610		)	13,131			883			8,404
OTHER INCOME (EXPENSE):
Gain on sale of management contract	6,520			—			—			6,520
Loss on sale of investment securities, net	(1,461		)	—			—			(1,461		)
Interest expense	(2,369		)	—			—			(2,369		)
Other income, net	1,086			—			(611		)	475
Other income from consolidated VIE - RSO	—			11			—			11
Elimination of consolidated VIE expenses attributed to operating segments	—			—			39			39
	3,776			11			(572		)	3,215
(Loss) income from continuing operations before taxes	(1,834		)	13,142			311			11,619
Income tax (benefit) provision	(642		)	—			1,809			1,167
Net (loss) income	(1,192		)	13,142			(1,498		)	10,452
Net loss attributable to noncontrolling interests	625			—			—			625
Net income attributable to noncontrolling interests - RSO	—			—			(12,579		)	(12,579		)
Net (loss) income attributable to common shareholders	$	(567	)	$	13,142		$	(14,077	)	$	(1,502	)
Consolidating Statement of Operations - (Continued)
(in thousands, except per share data)
(unaudited)
	For the Three Months Ended December 31, 2010
				Restatement Adjustments
	As Reported			RSO (1)			Eliminations			As Restated
Amounts attributable to common shareholders:
Income (loss) from continuing operations	$	(567	)	$	13,142		$	(14,077	)	$	(1,502	)
Discontinued operations	—			—			—			—
Net income (loss)	$	(567	)	$	13,142		$	(14,077	)	$	(1,502	)
	As Reported									As Restated
Basic and diluted loss per share:
Continuing operations	$	(0.03	)							$	(0.08	)
Discontinued operations	—									—
Net loss	$	(0.03	)							$	(0.08	)
Weighted average shares outstanding	19,076									19,076
(1)    Includes RSO for the three months ended March 31, 2011.
Consolidated Statements of Cash Flows
(in thousands, except per share data)
(unaudited)
	Three Months Ended
	December 31,
	2010			2009
	(Restated)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	10,452		$	588
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	1,999			3,173
Provision for credit losses	2,405			776
Equity in earnings of unconsolidated entities	(1,427		)	(3,405		)
Distributions from unconsolidated entities	663			1,261
(Gain) loss on sale of leases and loans	(11		)	582
Loss on sale of investment securities, net	1,461			—
Gain on resolution of assets	—			(244		)
Gain on sale of management contract	(6,520		)	—
Deferred income tax benefit	422			34
Equity-based compensation issued	781			1,120
Equity-based compensation received	—			(375		)
Decrease in commercial finance investments	—			8,386
Changes in operating assets and liabilities	(611		)	(13,049		)
Changes in cash attributable to operations of consolidated VIE - RSO	(29,877		)	—
Net cash used in operating activities	(20,263		)	(1,153		)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(38		)	(118		)
Investments in unconsolidated real estate entities	(283		)	—
Purchase of commercial finance assets	(10,690		)	—
Purchase of loans and securities by consolidated VIE - RSO	(213,887		)	—
Principal payments and proceeds from sales received by consolidated VIE - RSO	145,670			—
Proceeds from sale of management contract	9,095			—
Purchase of loans and investments	—			(1,640		)
Proceeds from sale of loans and investment securities	2,946			2,274
Increase in restricted cash of consolidated VIE - RSO	(4,053		)	—
Other investing activity of consolidated VIE - RSO	12,437			—
Net cash provided by investing activities	(58,803		)	516
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	1,000			45,701
Principal payments on borrowings	(1,908		)	(62,326		)
Net borrowings (repayments) of consolidated VIE - RSO	15,109			—
Dividends paid	(551		)	(540		)
Dividends paid on common stock by consolidated VIE - RSO	(13,944		)	—
Net proceeds from issuance of common stock by consolidated VIE - RSO	76,619			—
Decrease (increase) in debt financing costs	73			(496		)
Decrease in restricted cash	6,617			510
Other financing activity of consolidated VIE - RSO	(662		)	—
Net cash provided by (used in) financing activities	82,353			(17,151		)
Increase (decrease) in cash	3,287			(17,788		)
Cash at beginning of year	11,243			26,197
Cash at end of period	$	14,530		$	8,409
Consolidating Statement of Cash Flows
(in thousands, except per share data)
(unaudited)
	For the Three Months Ended December 31, 2010
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$	(1,192	)	$	13,142		$	(1,498	)	$	10,452
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Depreciation and amortization	1,911			—			88			1,999
Provision for credit losses	1,606			—			799			2,405
Equity in earnings of unconsolidated entities	(1,427		)	—			—			(1,427		)
Distributions from unconsolidated entities	663			—			—			663
Gain on sale of leases and loans	(11		)	—			—			(11		)
Loss on sale of loans and investment securities, net	1,461			—			—			1,461
Gain on sale of management contract	(6,520		)	—			—			(6,520		)
Deferred income tax provision (benefit)	422			—			—			422
Equity-based compensation issued	781			—			—			781
Equity-based compensation received	(57		)	—			57			—
Changes in operating assets and liabilities	(611		)	—			—			(611		)
Changes in cash attributable to operations of consolidated VIE - RSO	—			(29,820		)	(57		)	(29,877		)
Net cash used in operating activities	(2,974		)	(16,678		)	(611		)	(20,263		)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(38		)	—			—			(38		)
Investments in unconsolidated real estate entities	(283		)	—			—			(283		)
Purchase of commercial finance assets	(10,690		)	—			—			(10,690		)
Purchase of loans and securities by consolidated VIE - RSO	—			(213,887		)	—			(213,887		)
Principal payments and proceeds from sales received by consolidated VIE - RSO	—			145,670			—			145,670
Proceeds from sale of management contract	9,095			—			—			9,095
Proceeds from sale of loans and investments	2,946			—			—			2,946
Increase in restricted cash of consolidated VIE - RSO	—			(4,053		)	—			(4,053		)
Other investing activity of consolidated VIE - RSO	—			12,437			—			12,437
Net cash provided by (used in) investing activities	1,030			(59,833		)	—			(58,803		)
Consolidated Statement of Cash Flows - (Continued)
(in thousands, except per share data)
(unaudited)
	For the Three Months Ended December 31, 2010
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	1,000			—			—			1,000
Principal payments on borrowings	(1,908		)	—			—			(1,908		)
Net borrowings (repayments) of debt by consolidated VIE - RSO	—			15,109			—			15,109
Dividends paid	(551		)	—			—			(551		)
Dividends paid on common stock by consolidated VIE - RSO	—			(14,555		)	611			(13,944		)
Net proceeds from issuance of common stock by consolidated VIE - RSO	—			76,619			—			76,619
Decrease in restricted cash	6,617			—			—			6,617
Other	73			—			—			73
Other financing activity of consolidated VIE - RSO	—			(662		)	—			(662		)
Net cash provided by financing activities	5,231			76,511			611			82,353
Increase in cash	3,287			—			—			3,287
Cash, beginning of year	11,243			—			—			11,243
Cash, end of period	$	14,530		$	—		$	—		$	14,530
(1)    Includes RSO cash flow for the three months ended March 31, 2011.
Consolidated Balance Sheets
(in thousands, except per share data)
(unaudited)
	March 31,			September 30,
	2011			2010
	(Restated)
ASSETS
Cash	$	16,495		$	11,243
Restricted cash	21,446			12,018
Receivables	1,138			1,671
Receivables from managed entities and related parties, net	57,833			66,416
Investments in commercial finance, net	145,961			12,176
Investments in real estate, net	28,555			27,114
Investment securities, at fair value	3,332			22,358
Investments in unconsolidated entities	12,861			13,825
Asset of consolidated variable interest entity ("VIE") - RSO
Cash and cash equivalents (including restricted cash)	235,795			—
Investments, at fair value	158,927			—
Loans	1,465,053			—
Investment in real estate and unconsolidated entities	42,480			—
Other assets	36,636			—
Total assets of consolidated VIE - RSO	1,938,891			—
Property and equipment, net	7,304			9,984
Deferred tax assets	39,989			43,703
Goodwill	7,969			7,969
Other assets	7,594			5,776
Total assets	$	2,289,368		$	234,253
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	34,409		$	38,492
Payables to managed entities and related parties	136			156
Borrowings	178,938			66,110
Deferred tax liabilities	411			411
Liabilities of consolidated VIE - RSO (see Note 19):
Borrowings	1,473,202			—
Other liabilities	64,387			—
Total liabilities of consolidated VIE - RSO	1,537,589			—
Total liabilities	1,751,483			105,169
Commitments and contingencies
Equity:
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	—			—
Common stock, $.01 par value, 49,000,000 shares authorized; 28,740,931 and 28,167,909 shares issued, respectively (including nonvested restricted stock of 645,708 and 741,086, respectively)	281			274
Additional paid-in capital	280,906			281,378
Accumulated deficit	(43,805		)	(37,558		)
Treasury stock, at cost; 9,108,440 and 9,125,253 shares, respectively	(99,085		)	(99,330		)
Accumulated other comprehensive loss	(1,653		)	(12,807		)
Total stockholders’ equity	136,644			131,957
Noncontrolling interests	(335		)	(2,873		)
Noncontrolling interest of consolidated VIE - RSO	401,576			—
Total equity	537,885			129,084
	$	2,289,368		$	234,253
Consolidating Balance Sheet
(in thousands, except per share data)
(unaudited)
	March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO at June 30, 2011			Eliminations			As Restated
ASSETS
Cash	$	16,495		$	—		$	—		$	16,495
Restricted cash	21,446			—			—			21,446
Receivables	1,138			—			—			1,138
Receivables from managed entities and related parties, net	59,498			—			(1,665		)	57,833
Investments in commercial finance, net	145,961			—			—			145,961
Investments in real estate, net	27,547			—			1,008			28,555
Investment securities, at fair value	19,469			—			(16,137		)	3,332
Investments in unconsolidated entities	12,861			—			—			12,861
Assets of consolidated VIE - RSO :
Cash and cash equivalents (increase restricted cash)	—			235,795			—			235,795
Investments, at fair value	—			190,069			(31,142		)	158,927
Loans	—			1,466,758			(1,705		)	1,465,053
Investments in real estate and consolidated entities	—			42,480			—			42,480
Other assets - RSO	—			37,532			(896		)	36,636
Total assets of consolidated VIE - RSO	—			1,972,634			(33,743		)	1,938,891
Property and equipment, net	8,312			—			(1,008		)	7,304
Goodwill	7,969			—			—			7,969
Deferred tax assets, net	46,114			—			(6,125		)	39,989
Other assets	7,594			—			—			7,594
Total assets	$	374,404		$	1,972,634		$	(57,670	)	$	2,289,368
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	34,409		$	—		$	—		$	34,409
Payables to managed entities and related parties	297			—			(161		)	136
Borrowings	180,643			—			(1,705		)	178,938
Deferred tax liabilities	411			—			—			411
Liabilities of consolidated VIE - RSO :
Borrowings	—			1,473,202			—			1,473,202
Other liabilities	—			66,052			(1,665		)	64,387
Total liabilities	215,760			1,539,254			(3,531		)	1,751,483
Commitments and contingencies
Equity:
Preferred stock	—			—			—			—
Common stock	281			—			—			281
Additional paid-in capital	280,906			—			—			280,906
Accumulated deficit	(43,496		)	—			(309		)	(43,805		)
Treasury stock, at cost	(99,085		)	—			—			(99,085		)
Accumulated other comprehensive loss	(11,504		)	—			9,851			(1,653		)
Total stockholders’ equity	127,102			—			9,542			136,644
Noncontrolling interests	31,542			—			(31,877		)	(335		)
Noncontrolling interests attributable to RSO	—			433,380			(31,804		)	401,576
Total equity	158,644			433,380			(54,139		)	537,885
	$	374,404		$	1,972,634		$	(57,670	)	$	2,289,368
Consolidated Statements of Operations
(unaudited, in thousands, except per share data)
	Three Months Ended						Six Months Ended
	March 31,						March 31,
	2011			2010			2011			2010
	(Restated)						(Restated)
REVENUES:
Real estate (includes $1,202, $880, $2,565 and $2,673 related to RSO)	$	6,258		$	5,770		$	13,132		$	12,717
Commercial finance	6,477			7,409			7,953			16,232
Financial fund management (includes $1,535, $267, $3,937 and $939 related to RSO)	7,612			6,221			15,942			15,873
	20,347			19,400			37,027			44,822
Revenues from consolidated VIE - RSO	26,150			—			48,788			—
Eliminations of consolidated revenues attributed to operating segments	(3,221		)	—			(7,257		)	—
Total Revenues	43,276			19,400			78,558			44,822
COSTS AND EXPENSES:
Real estate	6,088			5,516			11,549			10,243
Financial fund management	5,960			4,700			12,680			9,404
Commercial finance	3,693			4,731			7,966			9,306
General and administrative	2,897			2,768			6,013			6,200
(Gain) loss on sale of leases and loans	(252		)	(31		)	(263		)	551
Provision for credit losses	2,719			1,210			4,325			1,986
Depreciation and amortization	2,921			2,382			4,046			4,588
	24,026			21,276			46,316			42,278
Expenses from consolidated VIE - RSO	15,743			—			23,441			—
Elimination of consolidated expenses attributable to operating segments	(2,389		)	—			(5,499		)	—
Total Expenses	37,380			21,276			64,258			42,278
OPERATING (LOSS) INCOME	5,896			(1,876		)	14,300			2,544
OTHER INCOME (EXPENSE):
Other-than-temporary impairment losses on investments securities	—			(297		)	—			(297		)
Gain on sale of management contract	—			—			6,520			—
Gain (loss) on sale of investment securities, net	97			(424		)	(1,364		)	(424		)
Interest expense	(4,167		)	(3,871		)	(6,536		)	(7,688		)
Other (expense) income, net	(409		)	637			66			1,207
	(4,479		)	(3,955		)	(1,314		)	(7,202		)
Other income from consolidated VIE - RSO	(17		)	—			(6		)	—
Elimination of consolidated other income attributable to operating segments	36			—			75			—
	(4,460		)	(3,955		)	(1,245		)	(7,202		)
Income (loss) from continuing operations before taxes	1,436			(5,831		)	13,055			(4,658		)
Income tax provision - RSO	1,171			—			2,980			—
Income tax benefit	(1,290		)	(3,986		)	(1,932		)	(3,401		)
Income (loss) from continuing operations	1,555			(1,845		)	12,007			(1,257		)
Loss from discontinued operations, net of tax	(2,153		)	(2		)	(2,153		)	(2		)
Net (loss) income	(598		)	(1,847		)	9,854			(1,259		)
Net loss attributable to noncontrolling interests	513			615			1,138			998
Net income attributable to noncontrolling - RSO	(8,868		)	—			(21,447		)	—
Net loss attributable to common shareholders	$	(8,953	)	$	(1,232	)	$	(10,455	)	$	(261	)
Consolidated Statements of Operations - (Continued)
(unaudited, in thousands, except per share data)
	Three Months Ended						Six Months Ended
	March 31,						March 31,
	2011			2010			2011			2010
	(Restated)						(Restated)
Amounts attributable to common shareholders:
Loss from continuing operations	$	(6,800	)	$	(1,230	)	$	(8,302	)	$	(259	)
Discontinued operations	(2,153		)	(2		)	(2,153		)	(2		)
Net loss	$	(8,953	)	$	(1,232	)	$	(10,455	)	$	(261	)
Basic and diluted loss per common share:
Continuing operations	$	(0.35	)	$	(0.06	)	$	(0.43	)	$	(0.01	)
Discontinued operations	(0.11		)	—			(0.11		)	—
Net loss	$	(0.46	)	$	(0.06	)	$	(0.54	)	$	(0.01	)
Weighted average shares outstanding	19,355			19,089			19,213			18,888
Consolidating Statement of Operations
(unaudited, in thousands, except per share data)
	For the Three Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
REVENUES:	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Real estate	$	6,258		$	—		$	—		$	6,258
Financial fund management	7,612			—			—			7,612
Commercial finance	6,477			—			—			6,477
	20,347			—			—			20,347
Revenues from consolidated VIE - RSO	—			26,150			—			26,150
Elimination of consolidated VIE revenues attributed to operating segments	—			—			(3,221		)	(3,221		)
Total Revenues	20,347			26,150			(3,221		)	43,276
COSTS AND EXPENSES:
Real estate	6,088			—			—			6,088
Financial fund management	5,960			—			—			5,960
Commercial finance	3,693			—			—			3,693
General and administrative	2,897			—			—			2,897
Gain on sale of leases and loans	(252		)	—			—			(252		)
Provision for credit losses	2,719			—			—			2,719
Depreciation and amortization	2,921			—			—			2,921
	24,026			—						24,026
Expenses from consolidated VIE - RSO	—			16,914			(1,171		)	15,743
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(2,389		)	(2,389		)
Total expenses	24,026			16,914			(3,560		)	37,380
OPERATING (LOSS) INCOME	(3,679		)	9,236			339			5,896
OTHER INCOME (EXPENSE):
Gain on extinguishment of servicing and repurchase liabilities	4,426			—			(4,426		)	—
Gain on sale of investment securities, net	97			—			—			97
Interest expense	(4,167		)	—			—			(4,167		)
Other income (expense), net	203			—			(612		)	(409		)
Other income from consolidated VIE - RSO	—			(17		)	—			(17		)
Elimination of consolidated VIE expenses attributed to operating segments	—			—			36			36
	559			(17		)	(5,002		)	(4,460		)
(Loss) income from continuing operations before taxes	(3,120		)	9,219			(4,663		)	1,436
Income tax (benefit) provision	(1,290		)	—			1,171			(119		)
(Loss) income from continuing operations	(1,830		)	9,219			(5,834		)	1,555
Loss from discontinued operations, net of tax	(2,153		)	—			—			(2,153		)
Net (loss) income	(3,983		)	9,219			(5,834		)	(598		)
Net (income) loss attributable to noncontrolling interests	(283		)	—			796			513
Net income attributable to noncontrolling interests - RSO	—			—			(8,868		)	(8,868		)
Net (loss) income attributable to common shareholders	$	(4,266	)	$	9,219		$	(13,906	)	$	(8,953	)
Consolidating Statement of Operations - (Continued)
(unaudited, in thousands, except per share data)
	For the Three Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
Amounts attributable to common shareholders:
Income (loss) from continuing operations	$	(2,113	)	$	9,219		$	(13,906	)	$	(6,800	)
Discontinued operations	(2,153		)	—			—			(2,153		)
Net income (loss)	$	(4,266	)	$	9,219		$	(13,906	)	$	(8,953	)
Basic and diluted loss per share:
Continuing operations	$	(0.11	)							$	(0.35	)
Discontinued operations	(0.11		)							(0.11		)
Net loss	$	(0.22	)							$	(0.46	)
Weighted average shares outstanding	19,355									19,355
(1)    Includes RSO for the three months ended June 30, 2011.
Consolidating Statement of Operations
(unaudited, in thousands, except per share data)
	For the Six Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
REVENUES:
Real estate	$	13,132		$	—		$	—		$	13,132
Financial fund management	15,942			—			—			15,942
Commercial finance	7,953			—			—			7,953
	37,027			—			—			37,027
Revenues from consolidated VIE - RSO	—			48,788			—			48,788
Elimination of consolidated VIE revenues attributed to operating segments	—			—			(7,257		)	(7,257		)
Total Revenues	37,027			48,788			(7,257		)	78,558
COSTS AND EXPENSES:
Real estate	11,549			—			—			11,549
Financial fund management	12,680			—			—			12,680
Commercial finance	7,966			—			—			7,966
General and administrative	6,013			—			—			6,013
Gain on sale of leases and loans	(263		)	—			—			(263		)
Provision for credit losses	4,325			—			—			4,325
Depreciation and amortization	4,046			—			—			4,046
	46,316			—			—			46,316
Expenses from consolidated VIE - RSO	—			26,421			(2,980		)	23,441
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(5,499		)	(5,499		)
Total expenses	46,316			26,421			(8,479		)	64,258
OPERATING (LOSS) INCOME	(9,289		)	22,367			1,222			14,300
OTHER INCOME (EXPENSE):
Gain on sale of management contract	6,520			—			—			6,520
Gain on extinguishment of servicing and repurchase liabilities	4,426			—			(4,426		)	—
Loss on sale of investment securities, net	(1,364		)	—			—			(1,364		)
Interest expense	(6,536		)	—			—			(6,536		)
Other income (expense), net	1,289			—			(1,223		)	66
Other expenses from consolidated VIE - RSO	—			(6		)	—			(6		)
Elimination of consolidated VIE expenses attributed to operating segments	—			—			75			75
	4,335			(6		)	(5,574		)	(1,245		)
(Loss) income from continuing operations before taxes	(4,954		)	22,361			(4,352		)	13,055
Income tax (benefit) provision	(1,932		)	—			2,980			1,048
(Loss) income from continuing operations	(3,022		)	22,361			(7,332		)	12,007
Loss from discontinued operations, net of tax	(2,153		)	—			—			(2,153		)
Net (loss) income	(5,175		)	22,361			(7,332		)	9,854
Net loss attributable to noncontrolling interests	342			—			796			1,138
Net income attributable to noncontrolling interests - RSO	—			—			(21,447		)	(21,447		)
Net (loss) income attributable to common shareholders	$	(4,833	)	$	22,361		$	(27,983	)	$	(10,455	)
Consolidating Statement of Operations - (Continued)
(unaudited, in thousands, except per share data)
	For the Six Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
Amounts attributable to common shareholders:
(Loss) income from continuing operations	$	(2,680	)	$	22,361		$	(27,983	)	$	(8,302	)
Discontinued operations	(2,153		)	—			—			(2,153		)
Net (loss) income	$	(4,833	)	$	22,361		$	(27,983	)	$	(10,455	)
Basic and diluted loss per common share:
Continuing operations	$	(0.14	)							$	(0.43	)
Discontinued operations	(0.11		)							(0.11		)
Net loss	$	(0.25	)							$	(0.54	)
Weighted average shares outstanding	19,213									19,213
(1)    Includes RSO for the six months ended June 30, 2011.
Consolidated Statements of Cash Flows
(in thousands, except per share data)
	Six Months Ended
	March 31,
	2011			2010
	(Restated)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	9,854		$	(1,259	)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	6,331			6,721
Net other-than-temporary impairment losses recognized in earnings	—			297
Provision for credit losses	5,124			1,986
Equity in earnings of unconsolidated entities	(1,944		)	(3,441		)
Distributions from unconsolidated entities	2,751			2,701
(Gain) loss on sale of leases and loans	(263		)	551
Loss on sale of investment securities, net	1,364			424
Gain on resolution of assets	—			(287		)
Gain on sale of management contract	(6,520		)	—
Deferred income tax (benefit) provision	(3,065		)	33
Equity-based compensation issued	1,401			2,014
Equity-based compensation received	—			(375		)
Decrease in commercial finance investments	—			37,182
Loss from discontinued operations	2,153			2
Changes in operating assets and liabilities	(1,047		)	(19,657		)
Changes in cash attributable to operations of consolidated VIE - RSO	(16,604		)	—
Net cash provided by operating activities	(465		)	26,892
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(411		)	(236		)
Payments received on real estate loans and real estate	—			2,885
Investments in unconsolidated real estate entities	(419		)	(1,512		)
Purchase of commercial finance assets	(25,790		)	—
Purchase of loans and securities by consolidated VIE - RSO	(436,374		)	—
Principal payments and proceeds from sales received by consolidated VIE - RSO	295,166			—
Proceeds from sale of management contract	9,095			—
Purchase of loans and investments	—			(1,011		)
Proceeds from sale of loans and investments	3,341			1,510
Principal payments received on loans	—			333
Increase in restricted cash of consolidated VIE- RSO	(20,023		)	—
Other investing activity of consolidated VIE - RSO	74,511			—
Net cash (used in) provided by investing activities	(100,904		)	1,969
Consolidated Statements of Cash Flows - (Continued)
(in thousands, except per share data)
	Six Months Ended
	March 31,
	2011			2010
	(Restated)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	31,000			71,001
Principal payments on borrowings	(13,756		)	(116,525		)
Net borrowings (repayments) of consolidated VIE - RSO	23,687			—
Dividends paid	(1,105		)	(1,088		)
Dividends paid by consolidated VIE - RSO	(30,922		)	—
Proceeds from issuance of common stock	1,853			58
Net proceeds from issuance of stock by consolidated VIE	100,946			—
Other	(1,075		)	(1,374		)
(Decrease) increase in restricted cash	(3,518		)	194
Other financing activity of consolidated VIE - RSO	(541		)	—
Net cash provided by (used in) financing activities	106,569			(47,734		)
CASH FLOWS FROM DISCONTINUED OPERATIONS
Operating	52			—
Net cash provided by discontinued operations	52			—
Increase (decrease) in cash	5,252			(18,873		)
Cash at beginning of year	11,243			26,197
Cash at end of period	$	16,495		$	7,324
Consolidating Statement of Cash Flows
(in thousands, except per share data)
(unaudited)
	For the Six Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$	(5,175	)	$	22,361		$	(7,332	)	$	9,854
Adjustments to reconcile net (loss) income to net cash (used in) provided
by operating activities:
Depreciation and amortization	6,243						88			6,331
Provision for credit losses	4,325			—			799			5,124
Equity in earnings of unconsolidated entities	(1,944		)	—			—			(1,944		)
Distributions from unconsolidated entities	2,751			—			—			2,751
Gain on sale of leases and loans	(263		)	—			—			(263		)
Loss on sale of loans and investment securities, net	1,364			—			—			1,364
Gain on sale of management contract	(6,520		)	—			—			(6,520		)
Gain on extinguishment of servicing and repurchase liabilities	(4,426		)	—			4,426			—
Deferred income tax benefit	(3,065		)	—			—			(3,065		)
Equity-based compensation issued	1,401			—			—			1,401
Equity-based compensation received	(33		)	—			33			—
Loss from discontinued operations	2,153			—			—			2,153
Changes in operating assets and liabilities	(1,047		)	—			—			(1,047		)
Change in cash attributable to operating activity of consolidated VIE - RSO	—			(17,367		)	763			(16,604		)
Net cash (used in) provided by operating activities	(4,236		)	4,994			(1,223		)	(465		)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(411		)	—			—			(411		)
Investments in unconsolidated real estate entities	(419		)	—			—			(419		)
Purchase of commercial finance assets	(25,790		)	—			—			(25,790		)
Purchase of loans and securities by consolidated VIE - RSO	—			(446,595		)	10,221			(436,374		)
Principal payments and proceeds from sales received by consolidated VIE - RSO	—			295,166			—			295,166
Proceeds from sale of management contract	9,095			—			—			9,095
Proceeds from sale of loans and investments	3,341			—			—			3,341
Increase in restricted cash of consolidated VIE- RSO	—			(20,023		)	—			(20,023		)
Other investing activity of consolidated VIE - RSO	—			74,511			—			74,511
Net cash (used in) provided by investing activities	(14,184		)	(96,941		)	10,221			(100,904		)
Consolidating Statement of Cash Flows - (Continued)
(in thousands, except per share data)
(unaudited)
	For the Six Months Ended March 31, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	31,000			—			—			31,000
Principal payments on borrowings	(13,756		)	—			—			(13,756		)
Net borrowings (repayments) of debt by consolidated VIE - RSO	—			23,687			—			23,687
Dividends paid	(1,105		)	—			—			(1,105		)
Dividends paid on common stock by consolidated VIE - RSO	—			(32,145		)	1,223			(30,922		)
Proceeds from issuance of common stock	1,853			—			—			1,853
Net proceeds from issuance of common stock by consolidated VIE - RSO				100,946			—			100,946
Proceeds from issuance of LEAF preferred stock	10,221			—			(10,221		)	—
Increase in restricted cash	(3,518		)	—			—			(3,518		)
Other	(1,075		)	—			—			(1,075		)
Other financing activity of consolidated VIE - RSO	—			(541		)	—			(541		)
Net cash provided by (used in) financing activities	23,620			91,947			(8,998		)	106,569
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Operating activities	52			—			—			52
Net cash provided by discontinued operations	52			—			—			52
Increase in cash	5,252			—			—			5,252
Cash, beginning of year	11,243			—			—			11,243
Cash, end of period	$	16,495		$	—		$	—		$	16,495
(1)    Includes RSO for the six months ended June 30, 2011.
Consolidated Balance Sheets
(in thousands, except per share data)
(unaudited)
	June 30,			September 30,
	2011			2010
	(Restated)
ASSETS
Cash	$	28,553		$	11,243
Restricted cash	17,767			12,018
Receivables	1,115			1,671
Receivables from managed entities and related parties, net	54,485			66,416
Investments in commercial finance, net	164,977			12,176
Investments in real estate, net	18,307			27,114
Investment securities, at fair value	3,159			22,358
Investments in unconsolidated entities	12,256			13,825
Asset of consolidated variable interest entity ("VIE") - RSO	—			—
Cash and cash equivalents (including restricted cash)	177,412			—
Investments, at fair value	175,375			—
Loans	1,682,252			—
Investment in real estate and unconsolidated entities	59,295			—
Other assets	36,281			—
Total assets of consolidated VIE - RSO	2,130,615			—
Property and equipment, net	7,104			9,984
Deferred tax assets	39,784			43,703
Goodwill	7,969			7,969
Other assets	13,386			5,776
Total assets	$	2,499,477		$	234,253
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	39,545		$	38,492
Payables to managed entities and related parties	—			156
Borrowings	188,128			66,110
Deferred tax liabilities	411			411
Liabilities of consolidated VIE -- RSO:
Borrowings	1,549,674			—
Other liabilities	184,845			—
Total liabilities of consolidated VIE - RSO	1,734,519			—
Total liabilities	1,962,603			105,169
Commitments and contingencies
Equity:
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	—			—
Common stock, $.01 par value, 49,000,000 shares authorized; 28,760,970 and 28,167,909 shares issued, respectively (including nonvested restricted stock of 641,496 and 741,086, respectively)	281			274
Additional paid-in capital	281,372			281,378
Accumulated deficit	(44,892		)	(37,558		)
Treasury stock, at cost; 9,089,723 and 9,125,253 shares, respectively	(98,874		)	(99,330		)
Accumulated other comprehensive loss	(1,709		)	(12,807		)
Total stockholders’ equity	136,178			131,957
Noncontrolling interests	(870		)	(2,873		)
Noncontrolling interests of consolidated VIE - RSO	401,566			—
Total equity	536,874			129,084
	$	2,499,477		$	234,253
Consolidating Balance Sheet
(in thousands, except per share data)
(unaudited)
	June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO at September 30, 2011			Eliminations			As Restated
ASSETS
Cash	$	28,553		$	—		$	—		$	28,553
Restricted cash	17,767			—			—			17,767
Receivables	1,115			—			—			1,115
Receivables from managed entities and related parties, net	56,946			—			(2,461		)	54,485
Investments in commercial finance, net	164,977			—			—			164,977
Investments in real estate, net	17,331			—			976			18,307
Investment securities, at fair value	18,635			—			(15,476		)	3,159
Investments in unconsolidated entities	12,256			—			—			12,256
Assets of consolidated VIE - RSO:
Cash and cash equivalents (increase restricted cash)	—			177,412			—			177,412
Investments, at fair value	—			211,649			(36,274		)	175,375
Loans	—			1,683,957			(1,705		)	1,682,252
Investments in real estate and consolidated entities	—			59,295			—			59,295
Other assets - RSO	—			37,929			(1,648		)	36,281
Total assets of consolidated VIE - RSO	—			2,170,242			(39,627		)	2,130,615
Property and equipment, net	8,080			—			(976		)	7,104
Goodwill	7,969			—			—			7,969
Deferred tax assets, net	46,190			—			(6,406		)	39,784
Other assets	13,386			—			—			13,386
Total assets	$	393,205		$	2,170,242		$	(63,970	)	$	2,499,477
LIABILITIES AND EQUITY
Liabilities:
Accrued expenses and other liabilities	$	39,545		$	—		$	—		$	39,545
Payables to managed entities and related parties	204			—			(204		)	—
Borrowings	189,833			—			(1,705		)	188,128
Deferred tax liabilities	411			—			—			411
Liabilities of consolidated VIE - RSO:
Borrowings	—			1,549,674			—			1,549,674
Other liabilities	—			187,304			(2,459		)	184,845
Total liabilities	229,993			1,736,978			(4,368		)	1,962,603
Commitments and contingencies
Equity:
Preferred stock	—			—			—			—
Common stock	281			—			—			281
Additional paid-in capital	281,372			—			—			281,372
Accumulated deficit	(44,477		)	—			(415		)	(44,892		)
Treasury stock, at cost	(98,874		)	—			—			(98,874		)
Accumulated other comprehensive loss	(11,940		)	—			10,231			(1,709		)
Total stockholders’ equity	126,362			—			9,816			136,178
Noncontrolling interests	36,850			—			(37,720		)	(870		)
Noncontrolling interests attributable to RSO	—			433,264			(31,698		)	401,566
Total equity	163,212			433,264			(59,602		)	536,874
	$	393,205		$	2,170,242		$	(63,970	)	$	2,499,477
Consolidated Statements of Operations
(unaudited, in thousands, except per share data)
	Three Months Ended						Nine Months Ended
	June 30,						June 30,
	2011			2010			2011			2010
	(Restated)						(Restated)
REVENUES:
Real estate (includes $2,085, $2,945, $4,650, and $5,618 related to RSO)	$	15,873		$	11,162		$	29,005		$	23,879
Commercial finance (includes $0, $139, $144, and $287 related to RSO)	6,464			5,592			14,417			21,824
Financial fund management (includes $721, $1,257, $4,658, and $2,197 related to RSO)	5,252			8,484			21,194			24,357
	27,589			25,238			64,616			70,060
Revenues from consolidated VIE RSO	21,987			—			70,775			—
Eliminations of consolidated revenues attributed to operating segments	(3,632		)	—			(10,889		)	—
Total Revenues	45,944			25,238			124,502			70,060
COSTS AND EXPENSES:
Real estate	6,727			5,856			18,276			16,099
Commercial finance	3,709			4,512			11,675			13,818
Financial fund management	4,234			6,471			16,914			15,875
General and administrative	2,614			2,946			8,627			9,146
(Gain) loss on sale of leases and loans	(94		)	7,154			(357		)	7,705
Provision for credit losses	3,476			1,428			7,801			3,414
Depreciation and amortization	3,159			2,005			7,205			6,593
	23,825			30,372			70,141			72,650
Expenses from consolidated VIE	9,631			—			33,072			—
Elimination of consolidated expenses attributable to operating segments	(2,582		)	—			(8,081		)	—
Total Expenses	30,874			30,372			95,132			72,650
OPERATING INCOME (LOSS)	15,070			(5,134		)	29,370			(2,590		)
OTHER INCOME (EXPENSE):
Impairment loss recognized in earnings	—			(67		)	—			(364		)
Gain on sale of management contract	—			—			6,520			—
Gain (loss) on sale of investment securities, net	82			(27		)	(1,282		)	(451		)
Interest expense	(4,276		)	(3,504		)	(10,812		)	(11,192		)
Other income, net	84			739			150			1,946
	(4,110		)	(2,859		)	(5,424		)	(10,061		)
Other income from consolidated VIE	3,875			—			3,869			—
Elimination of consolidated other income attributable to operating segments	34			—			109			—
	(201		)	(2,859		)	(1,446		)	(10,061		)
Income (loss) from continuing operations before taxes	14,869			(7,993		)	27,924			(12,651		)
Income tax provision - RSO	1,289			—			4,269			—
Income tax provision (benefit)	151			(1,404		)	(1,781		)	(4,805		)
Income (loss) from continuing operations	13,429			(6,589		)	25,436			(7,846		)
Loss from discontinued operations, net of tax	(23		)	(1		)	(2,176		)	(3		)
Net income (loss)	13,406			(6,590		)	23,260			(7,849		)
Net loss attributable to noncontrolling interests	513			1,275			1,651			2,273
Net income attributable to noncontrolling - RSO	(14,436		)	—			(35,883		)	—
Net loss attributable to common shareholders	$	(517	)	$	(5,315	)	$	(10,972	)	$	(5,576	)
Consolidated Statements of Operations - (Continued)
(unaudited, in thousands, except per share data)
	Three Months Ended						Nine Months Ended
	June 30,						June 30,
	2011			2010			2011			2010
	(Restated)						(Restated)
Amounts attributable to common shareholders:
Loss from continuing operations	$	(494	)	$	(5,314	)	$	(8,796	)	$	(5,573	)
Discontinued operations	(23		)	(1		)	(2,176		)	(3		)
Net loss	$	(517	)	$	(5,315	)	$	(10,972	)	$	(5,576	)
Basic and diluted loss per common share:
Continuing operations	$	(0.03	)	$	(0.28	)	$	(0.46	)	$	(0.29	)
Discontinued operations	—			—			(0.11		)	—
Net loss	$	(0.03	)	$	(0.28	)	$	(0.57	)	$	(0.29	)
Weighted average shares outstanding	19,741			19,140			19,389			18,972
Consolidating Statement of Operations
(in thousands, except per share data)
	For the Three Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			Restated
REVENUES:	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Real estate	$	15,873		$	—		$	—		$	15,873
Financial fund management	5,252			—			—			5,252
Commercial finance	6,464			—			—			6,464
	27,589			—			—			27,589
Revenues from consolidated VIE - RSO	—			21,987						21,987
Elimination of consolidated VIE revenues attributed to operating segments	—						(3,632		)	(3,632		)
Total Revenues	27,589			21,987			(3,632		)	45,944
COSTS AND EXPENSES:
Real estate	6,727			—			—			6,727
Financial fund management	4,234			—			—			4,234
Commercial finance	3,709			—			—			3,709
General and administrative	2,614			—			—			2,614
Gain on sale of leases and loans	(94		)	—			—			(94		)
Provision for credit losses	3,476			—			—			3,476
Depreciation and amortization	3,159			—			—			3,159
	23,825			—			—			23,825
Expenses from consolidated VIE - RSO	—			10,920			(1,289		)	9,631
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(2,582		)	(2,582		)
Total expenses	23,825			10,920			(3,871		)	30,874
OPERATING INCOME	3,764			11,067			239			15,070
OTHER INCOME (EXPENSE):
Gain on sale of investment securities, net	82			—			—			82
Interest expense	(4,276		)	—			—			(4,276		)
Other income, net	696			—			(612		)	84
Other income from consolidated VIE - RSO	—			3,875			—			3,875
Elimination of consolidated VIE expenses attributed to operating segments	—			—			34			34
	(3,498		)	3,875			(578		)	(201		)
Income (loss) from continuing operations before taxes	266			14,942			(339		)	14,869
Income tax provision	151			—			1,289			1,440
Income (loss) from continuing operations	115			14,942			(1,628		)	13,429
Loss from discontinued operations, net of tax	(23		)	—			—			(23		)
Net income (loss)	92			14,942			(1,628		)	13,406
Net (loss) income attributable to noncontrolling interests	(503		)	—			1,016			513
Net income attributable to noncontrolling interests - RSO	—			—			(14,436		)	(14,436		)
Net (loss) income attributable to common shareholders	$	(411	)	$	14,942		$	(15,048	)	$	(517	)
Consolidating Statement of Operations
(in thousands, except per share data)
	For the Three Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			Restated
Amounts attributable to common shareholders:
(Loss) income from continuing operations	$	(388	)	$	14,942		$	(15,048	)	$	(494	)
Discontinued operations	(23		)	—			—			(23		)
Net (loss) income	$	(411	)	$	14,942		$	(15,048	)	$	(517	)
Basic and diluted loss per share:
Continuing operations	$	(0.02	)							$	(0.03	)
Discontinued operations	—									—
Net income (loss)	$	(0.02	)							$	(0.03	)
Weighted average shares outstanding	19,741									19,741
(1)     Includes RSO for the three months ended September 30, 2011
Consolidating Statement of Operations
(in thousands, except per share data)
	For the Nine Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
REVENUES:	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Real estate	$	29,005		$	—		$	—		$	29,005
Financial fund management	21,194			—			—			21,194
Commercial finance	14,417			—			—			14,417
	64,616			—			—			64,616
Revenues from consolidated VIE - RSO	—			70,775						70,775
Elimination of consolidated VIE revenues attributed to operating segments	—						(10,889		)	(10,889		)
Total Revenues	64,616			70,775			(10,889		)	124,502
COSTS AND EXPENSES:
Real estate	18,276			—			—			18,276
Financial fund management	16,914			—			—			16,914
Commercial finance	11,675			—			—			11,675
General and administrative	8,627			—			—			8,627
Gain on sale of leases and loans	(357		)	—			—			(357		)
Provision for credit losses	7,801			—			—			7,801
Depreciation and amortization	7,205			—			—			7,205
	70,141			—			—			70,141
Expenses from consolidated VIE - RSO	—			37,341			(4,269		)	33,072
Elimination of consolidated VIE expenses attributed to operating segments	—			—			(8,081		)	(8,081		)
Total Expenses	70,141			37,341			(12,350		)	95,132
OPERATING (LOSS) INCOME	(5,525		)	33,434			1,461			29,370
OTHER INCOME (EXPENSE):
Gain on sale of management contract	6,520			—			—			6,520
Gain on extinguishment of servicing and repurchase liabilities	4,426			—			(4,426		)	—
Loss on sale of investment securities, net	(1,282		)	—			—			(1,282		)
Interest expense	(10,812		)	—			—			(10,812		)
Other income, net	1,985			—			(1,835		)	150
Other income from consolidated VIE - RSO	—			3,869			—			3,869
Elimination of consolidated VIE expenses attributed to operating segments	—			—			109			109
	837			3,869			(6,152		)	(1,446		)
(Loss) income from continuing operations before taxes	(4,688		)	37,303			(4,691		)	27,924
Income tax (benefit) provision	(1,781		)	—			4,269			2,488
(Loss) income from continuing operations	(2,907		)	37,303			(8,960		)	25,436
Loss from discontinued operations, net of tax	(2,176		)	—			—			(2,176		)
Net (loss) income	(5,083		)	37,303			(8,960		)	23,260
Net (loss) income attributable to noncontrolling interests	(161		)	—			1,812			1,651
Net income attributable to noncontrolling interests - RSO	—			—			(35,883		)	(35,883		)
Net (loss) income attributable to common shareholders	$	(5,244	)	$	37,303		$	(43,031	)	$	(10,972	)
Consolidating Statement of Operations - (Continued)
(in thousands, except per share data)
	For the Nine Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
Amounts attributable to common shareholders:
(Loss) income from continuing operations	$	(3,068	)	$	37,303		$	(43,031	)	$	(8,796	)
Discontinued operations	(2,176		)	—			—			(2,176		)
Net (loss) income	$	(5,244	)	$	37,303		$	(43,031	)	$	(10,972	)
Basic and diluted loss per share:
Continuing operations	$	(0.16	)							$	(0.46	)
Discontinued operations	(0.11		)							(0.11		)
Net loss	$	(0.27	)							$	(0.57	)
Weighted average shares outstanding	19,389									19,389
(1)    Includes RSO for the nine months ended September 30, 2011
Consolidated Statements of Cash Flows
(unaudited, in thousands, except per share data)
	Nine Months Ended
	June 30.
	2011			2010
	(Restated)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	23,260		$	(7,849	)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	10,955			10,192
Net other-than-temporary impairment losses recognized in earnings	—			364
Provision for credit losses	8,600			3,414
Equity in earnings of unconsolidated entities	(9,367		)	(4,098		)
Distributions from unconsolidated entities	5,018			3,823
(Gain) loss on sale of leases and loans	(357		)	7,705
Loss on sale of investment securities, net	1,282			451
Gain on resolution of assets	—			(2,040		)
Gain on sale of management contract	(6,520		)	—
Deferred income tax (benefit) provision	(1,667		)	29
Equity-based compensation issued	1,963			2,874
Equity-based compensation received	—			(1,118		)
Decrease in commercial finance investments	—			30,959
Loss from discontinued operations	2,176			3
Changes in operating assets and liabilities	(2,983		)	(21,723		)
Change in cash attributable to operating activity of consolidated VIE - RSO	(14,293		)	—
Net cash provided by operating activities	18,067			22,986
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(739		)	(320		)
Payments received on real estate loans and real estate	16,291			8,355
Investments in unconsolidated real estate entities	(854		)	(1,908		)
Purchase of commercial finance assets	(65,762		)	—
Principal payments received on leases and loans	18,732			—
Purchase of loans and securities by consolidated VIE - RSO	(592,226		)	—
Principal payments and proceeds from sales received by consolidated VIE - RSO	370,238			—
Proceeds from sale of management contract	9,095			—
Purchase of loans and investments	—			(1,011		)
Proceeds from sale of loans and investments	3,534			2,740
Increase in restricted cash of consolidated VIE- RSO	22,334			—
Other investing activity of consolidated VIE - RSO	81,704			—
Net cash (used in) provided by investing activities	(137,653		)	7,856
Consolidated Statements of Cash Flows - (Continued)
(unaudited, in thousands, except per share data)
	Nine Months Ended
	June 30.
	2011			2010
	(Restated)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	66,217			81,802
Principal payments on borrowings	(45,776		)	(127,889		)
Net borrowings (repayments) of debt by consolidated VIE - RSO	50,411			—
Dividends paid	(1,675		)	(1,087		)
Dividends paid on equity of consolidated VIE - RSO	(48,877		)	—
Proceeds from issuance of common stock	1,914			58
Net proceeds from issuance of common stock by consolidated VIE - RSO	112,449			—
Other	(1,992		)	(1,824		)
Increase in restricted cash	4,947			1,068
Other financing activity of consolidated VIE - RSO	(541		)	—
Net cash provided by (used in) financing activities	137,077			(47,872		)
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Operating activities	(181		)	(3		)
Net cash used in discontinued operations	(181		)	(3		)
Increase (decrease) in cash	17,310			(17,033		)
Cash at beginning of year	11,243			26,197
Cash at end of period	$	28,553		$	9,164
Consolidating Statement of Cash Flows
(in thousands, except per share data)
(unaudited)
	For the Nine Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$	(5,083	)	$	37,303		$	(8,960	)	$	23,260
Adjustments to reconcile net (loss) income to net cash (used in)
provided by operating activities:
Depreciation and amortization	10,867			—			88			10,955
Provision for credit losses	7,801			—			799			8,600
Equity in earnings of unconsolidated entities	(9,367		)	—			—			(9,367		)
Distributions from unconsolidated entities	5,018			—			—			5,018
Gain on sale of leases and loans	(357		)	—			—			(357		)
Loss on sale of loans and investment securities, net	1,282			—			—			1,282
Gain on sale of management contract	(6,520		)	—			—			(6,520		)
Gain on extinguishment of servicing and repurchase liabilities	(4,426		)	—			4,426			—
Deferred income tax benefit	(1,667		)	—			—			(1,667		)
Equity-based compensation issued	1,963			—			—			1,963
Equity-based compensation received	(234		)	—			234			—
Loss from discontinued operations	2,176			—			—			2,176
Changes in operating assets and liabilities	(2,983		)	—			—			(2,983		)
Change in cash attributable to operating activity of consolidated VIE -RSO	—			(15,871		)	1,578			(14,293		)
Net cash (used in) provided by operating activities	(1,530		)	21,432			(1,835		)	18,067
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(739		)	—			—			(739		)
Payments received on real estate loans and real estate	16,291			—			—			16,291
Investments in unconsolidated real estate entities	(854		)	—			—			(854		)
Purchase of commercial finance assets	(65,762		)	—			—			(65,762		)
Principal payments received on leases and loans	18,732			—			—			18,732
Purchase of loans and securities by consolidated VIE - RSO	—			(607,447		)	15,221			(592,226		)
Principal payments and proceeds from sales received by consolidated VIE - RSO	—			370,238			—			370,238
Proceeds from sale of management contract	9,095			—			—			9,095
Proceeds from sale of loans and investments	3,534			—			—			3,534
Increase in restricted cash of consolidated VIE- RSO	—			22,334			—			22,334
Other investing activity of consolidated VIE - RSO	—			81,836			(132		)	81,704
Net cash provided by (used in) investing activities	(19,703		)	(133,039		)	15,089			(137,653		)
Consolidating Statement of Cash Flows - (Continued)
(in thousands, except per share data)
(unaudited)
	For the Nine Months Ended June 30, 2011
				Restatement Adjustments
	As Previously Reported			RSO (1)			Eliminations			As Restated
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings	66,217			—			—			66,217
Principal payments on borrowings	(45,776		)	—			—			(45,776		)
Net borrowings (repayments) of debt by consolidated VIE - RSO	—			50,411			—			50,411
Dividends paid	(1,675		)	—			—			(1,675		)
Dividends paid on common stock by consolidated VIE - RSO	—			(50,712		)	1,835			(48,877		)
Proceeds from issuance of common stock	1,914			—			—			1,914
Net proceeds from issuance of common stock by consolidated VIE - RSO	—			112,449			—			112,449
Proceeds from issuance of LEAF preferred stock	15,221			—			(15,221		)	—
Preferred stock dividends paid by LEAF to RSO	(132		)	—			132			—
Decrease in restricted cash	4,947			—			—			4,947
Other	(1,992		)	—			—			(1,992		)
Other financing activity of consolidated VIE - RSO	—			(541		)	—			(541		)
Net cash provided by (used in) financing activities	38,724			111,607			(13,254		)	137,077
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Operating activities	(181		)	—			—			(181		)
Net cash used in discontinued operations	(181		)	—			—			(181		)
Increase in cash	17,310			—			—			17,310
Cash, beginning of year	11,243			—			—			11,243
Cash, end of period	$	28,553		$	—		$	—		$	28,553
(1)    Includes RSO for the nine months September 30, 2011.
The following table sets forth the Company's operating results by quarter for the twelve months ended September 30, 2012 which includes RSO for the same periods (in thousands, except share data):
Quarterly Results for Fiscal 2012	31-Dec			31-Mar			30-Jun			30-Sep
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Revenues	$	18,664		$	14,780		$	13,784		$	17,208
Revenues from consolidated VIE - RSO	25,211			28,726			26,262			35,669
Elimination of consolidated VIE revenues attributed to operating segments	(4,501		)	(3,510		)	(4,235		)	(4,988		)
Total Revenues	39,374			39,996			35,811			47,889
Operating income	3,985			13,478			5,810			16,238
(Loss) income from continuing operations	(239		)	11,625			46,215			15,622
Loss from discontinued operations	(20		)	(16		)	(14		)	(8		)
Net (loss) income	(259		)	11,609			46,201			15,614
Less:  Net loss (income) attributable to noncontrolling interests	193			39			(45		)	36
Less:  Net income attributable to noncontrolling interests - RSO	(367		)	(14,030		)	(15,945		)	(17,917		)
Net (loss) income attributable to common shareholders	(433		)	(2,382		)	30,211			(2,267		)
Basic (loss) earnings per common share:
Continuing operations	$	(0.02	)	$	(0.12	)	$	1.52		$	(0.11	)
Discontinued operations	—			—			—			—
Net (loss) income	$	(0.02	)	$	(0.12	)	$	1.52		$	(0.11	)
Diluted (loss) earnings per common share:
Continuing operations	$	(0.02	)	$	(0.12	)	$	1.44		$	(0.11	)
Discontinued operations	—			—			0			0
Net (loss) income	$	(0.02	)	$	(0.12	)	$	1.44		$	(0.11	)

VARIABLE_INTEREST_ENTITIES_Tab

VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Sep. 30, 2012
Variable Interest Entity [Line Items]	'
Plant and Equipment, Net	'
	Property and equipment, net, consist of the following (in thousands):
		Estimated Useful Life		September 30,
				2012				2011
	Furniture and equipment	3-7 years		$	6,123			$	5,620
	Leasehold improvements	1-8 years		2,377				2,656
	LEAF property and equipment			—				11,939
				8,500				20,215
	Accumulated depreciation and amortization			(5,768		)		(5,183		)
	Accumulated depreciation and amortization - LEAF			—				(8,034		)
	Property and equipment, net			$	2,732			$	6,998
Schedule of Variable Interest Entities	'
	The following table reflects the assets and liabilities of a real estate VIE which was included in the Company’s consolidated balance sheets (in thousands):
		September 30,				September 30,
		2012				2011
	Cash and property and equipment, net	$	727			$	944
	Accrued expenses and other liabilities	189				300
	The following table presents the carrying amounts of the assets in the Company's consolidated balance sheets that relate to the Company's variable interests in identified nonconsolidated VIEs and the Company's maximum exposure to loss associated with these VIEs in which it holds variable interests at September 30, 2012 (in thousands):
		Receivables from				Investments				Maximum Exposure
		Managed Entities and								to Loss in
		Related Parties,								Non-consolidated VIEs
		Net (1)
	RRE Opportunity REIT	$	—			$	1,444			$	1,444
	Ischus entities	231				—				231
	Trapeza entities	—				967				967
		$	231			$	2,411			$	2,642
	-1	Exclusive of expense reimbursements due to the Company.
Supplemental Cash Flow Information	'
	Supplemental disclosure of cash flow information for the fiscal years ended September 30 are as follows (in thousands):
		September 30,
		2012				2011				2010
	Cash (paid) received:	(Restated)				(Restated)
	Interest	$	(3,889	)		$	(9,926	)		$	(9,433	)
	Income tax payments	(1,424		)		(964		)		(1,325		)
	Refund of income taxes	109				596				2,860
	Dividends declared per common share	$	0.12			0.12				0.09
	Non-cash activities:
	Repurchases of common stock from employees in exchange for the payment of income taxes and option exercises	$	1,718			$	113			$	54
	Issuance of treasury stock for the Company's investment savings plan	539				730				1,091
	Common stock issued to former director in exchange for vested director units	135				—				—
	Warrants issued and recorded as a discount to the Senior Notes	—				—				2,339
	Leasehold improvements paid by the landlord	—				—				668
	Sale of commercial finance assets to RSO:
	Reduction of investments in commercial finance assets	$	—			$	—			$	99,386
	Termination of associated secured warehouse facility	—				—				(99,386		)
	Effects from the deconsolidation of entities:(1)
	Restricted cash	$	20,282			$	—			$	—
	Receivables from managed entities and related parties, net	(2,696		)		—				—
	Receivables	954				—				9
	Investments in commercial finance, net	199,955				—				—
	Investments in unconsolidated entities	5,225				—				—
	Property and equipment, net	3,754				—				1,638
	Deferred tax assets, net	4,558				—				—
	Goodwill	7,969				—				—
	Other assets	6,826				—				755
	Accrued expense and other liabilities	(11,146		)		—				(174		)
	Payables to managed entities and related parties	(98		)		—				—
	Borrowings	(202,481		)		—				(1,013		)
	Accumulated other comprehensive loss	255				—				—
	Noncontrolling interests	(37,668		)		—				—
	Equity	—				—				(1,258		)
	-1	Reflects the deconsolidation of LEAF and Apidos during fiscal 2012 and a real estate and two financial fund management partnerships during fiscal 2010. As a result of the deconsolidation of these entities, the amounts noted above were removed from the Company’s consolidated balance sheets.  The sum of the assets removed and cash equated to the sum of the liabilities and equity that were similarly eliminated and, as such, there was no change in the Company’s total net assets.
Unrealized Losses Along with the Related Fair Value, Aggregated by the Length of Time the Investments were in a Continuous Unrealized Loss Position	'
	Unrealized losses along with the related fair value and aggregated by the length of time the investments were in a continuous unrealized loss position, are as follows (in thousands, except number of securities):
		Less than 12 Months											More than 12 Months
		Fair Value				Unrealized				Number of Securities			Fair Value				Unrealized				Number of Securities
						Losses											Losses
	September 30, 2012:
	CLO securities	$	1,274			$	(15	)		1			$	—			$	—			—
	September 30, 2011:
	CLO securities	$	—			$	—			—			$	—			$	—			—
Summarization of Activity in the Allowance for Credit Losses for the Company's Financing Receivables	'
	The following table summarizes the activity in the allowance for credit losses for all financing receivables (in thousands):
						Investments in Commercial Finance
		Receivables from Managed Entities				Leases and Loans				Future Payment Card Receivables				Rent Receivables				Investment in Real Estate Loans				Total
	Year Ended September 30, 2012:
	Balance, beginning of year	$	10,490			$	430			$	—			$	15			$	—			$	10,935
	Provision for credit losses	17,090				138				—				18				—				17,246
	Charge-offs	—				(124		)		—				—				—				(124		)
	Recoveries	—				38				—				—				—				38
	Deconsolidation of LEAF	—				(482		)		—				—				—				(482		)
	Balance, end of year	$	27,580			$	—			$	—			$	33			$	—			$	27,613
	Ending balance, individually evaluated for impairment	$	27,580			$	—			$	—			$	33			$	—			$	27,613
	Ending balance, collectively evaluated for impairment	—				—				—				—				—				—
	Balance, end of year	$	27,580			$	—			$	—			$	33			$	—			$	27,613
	Year Ended September 30, 2011:
	Balance, beginning of year	$	1,075			$	770			$	130			$	—			$	49			$	2,024
	Provision for credit losses	9,415				1,137				94				15				—				10,661
	Charge-offs	—				(1,764		)		(286		)		—				(49		)		(2,099		)
	Recoveries	—				287				62				—				—				349
	Balance, end of year	$	10,490			$	430			$	—			$	15			$	—			$	10,935
	Ending balance, individually evaluated for impairment	$	10,490			$	—			$	—			$	15			$	—			$	10,505
	Ending balance, collectively evaluated for impairment	—				430				—				—				—				430
	Balance, end of year	$	10,490			$	430			$	—			$	15			$	—			$	10,935
										Investments in Commercial Finance
		Receivables from Managed Entities				Investment in Loans				Leases and Loans				Future Payment Card Receivables				Investment in Real Estate Loans				Total
	Year Ended September 30, 2010:
	Balance, beginning of year	$	—			$	—			$	570			$	2,640			$	1,585			$	4,795
	Provision for credit losses	1,852				1				2,860				447				49				5,209
	Charge-offs	(777		)		(1		)		(2,721		)		(2,983		)		(1,585		)		(8,067		)
	Recoveries	—				—				61				26				—				87
	Balance, end of year	$	1,075			$	—			$	770			$	130			$	49			$	2,024
Aging of the Company's Past Due Financing Receivables, Gross of Allowances for Credit Losses	'
	The following table is the aging of the Company’s past due financing receivables (presented gross of allowance for credit losses) as of September 30, 2012 (in thousands):
		30-89 Days				Greater than				Greater than				Total				Current				Total
		Past Due				90 Days				181 Days				Past Due
	Receivables from managed entities
	and related parties: (1)
	Commercial finance	$	—			$	—			$	38,834			$	38,834			$	148			$	38,982
	investment entities
	Real estate investment entities	743				2,694				15,180				18,617				2,054				20,671
	Financial fund management entities	6				—				46				52				2,141				2,193
	Other	—				—				—				—				152				152
		749				2,694				54,060				57,503				4,495				61,998
	Rent receivables - real estate	6				1				32				39				6				45
	Total financing receivables	$	755			$	2,695			$	54,092			$	57,542			$	4,501			$	62,043
	-1	Receivables are presented gross of an allowance for credit losses of $25.1 million and $2.5 million related to the Company’s commercial finance and real estate investment entities, respectively.  The remaining receivables from managed entities and related parties have no related allowance for credit losses.
	The following table is the aging of the Company’s past due financing receivables (presented gross of allowance for credit losses) as of September 30, 2011 (in thousands):
		30-89 Days				Greater than				Greater than				Total				Current				Total
		Past Due				90 Days				181 Days				Past Due
	Receivables from managed entities
	and related parties: (1)
	Commercial finance investment entities	$	—			$	—			$	37,547			$	37,547			$	490			$	38,037
	Real estate investment entities	1,314				1,511				17,405				20,230				1,697				21,927
	Financial fund management entities	2,395				93				28				2,516				24				2,540
	Other	—				—				—				—				103				103
		3,709				1,604				54,980				60,293				2,314				62,607
	Investments in commercial finance	984				526				—				1,510				190,932				192,442
	Rent receivables - real estate	1				11				—				12				3				15
	Total financing receivables	$	4,694			$	2,141			$	54,980			$	61,815			$	193,249			$	255,064
	-1	Receivables are presented gross of an allowance for credit losses of $8.3 million and $2.2 million related to the Company’s commercial finance and real estate investment entities, respectively.  The remaining receivables from managed entities and related parties have no related allowance for credit losses.
Information about Company's Impaired Financing Receivables	'
	The following table discloses information about the Company’s impaired financing receivables (in thousands):
		Net Balance				Unpaid Balance				Specific Allowance				Average Investment in Impaired Assets
	As of September 30, 2012
	Financing receivables with a specific valuation allowance:
	Receivables from managed entities – commercial finance	$	12,865			$	37,943			$	25,078			$	38,060
	Receivables from managed entities – real estate	2,181				4,683				2,502				4,511
	Rent receivables – real estate	12				45				33				45
	As of September 30, 2011:
	Financing receivables with a specific valuation allowance:
	Receivables from managed entities – commercial finance	$	14,990			$	23,302			$	8,312			$	23,377
	Receivables from managed entities – real estate	2,353				4,531				2,178				3,897
	Leases and loans	310				526				216				318
	Rent receivables – real estate	—				15				15				7
Credit Facilities and Other Debt of the Company and Related Borrowings Outstanding	'
	The credit facilities and other debt of the Company and related borrowings outstanding are as follows (in thousands):
		As of September 30, 2012								September 30,
										2011
		Maximum Amount of				Borrowings Outstanding				Borrowings Outstanding
		Facility
	Corporate and Real Estate:
	TD Bank – secured revolving credit facility (1)	$	6,997			$	—			$	7,493
	TD Bank – term loan	—				—				1,250
	Republic Bank – secured revolving credit facility	3,500				—				—
						—				8,743
	Senior Notes (2)					10,000				16,263
	Mortgage debt					10,531				10,700
	Other debt					812				548
	Total corporate and real estate borrowings					21,343				36,254
	Commercial Finance debt					—				177,800
	Total borrowings outstanding					$	21,343			$	214,054
	-1	The amount of the facility as shown has been reduced for outstanding letters of credit of $503,000 at September 30, 2012 and 2011.
	-2	The September 30, 2011 balance shown is net of an unamortized discount of $2.6 million related to the fair value of detachable warrants issued to the note holders. In conjunction with the refinancing of the Senior Notes in November 2011, the remaining unamortized discount was charged off to Loss on Extinguishment of Debt in the consolidated statements of operations.
Company's Asset Recorded at Fair Value on Recurring Basis	'
	As of September 30, 2012, the fair values of the Company’s assets recorded at fair value on a recurring basis were as follows (in thousands):
		Level 1				Level 2				Level 3				Total
	Asset:
	Investment securities	$	195			$	—			$	6,835			$	7,030
	As of September 30, 2011, the fair values of the Company’s assets recorded at fair value on a recurring basis were as follows (in thousands):
		Level 1				Level 2				Level 3				Total
	Assets:
	Investment securities	$	376			$	—			$	2,356			$	2,732
	Retained financial interest – commercial finance	—				—				22				22
	Total	$	376			$	—			$	2,378			$	2,754
	Liability:
	Interest rate swap	$	—			$	404			$	—			$	404
Additional Information about Assets Measured at Fair Value on Recurring Basis for which the Company Has Utilized Level 3 Inputs to Determine Fair Value	'
	The following table presents additional information about assets which were measured at fair value on a recurring basis for which the Company has utilized Level 3 inputs to determine fair value during fiscal 2012 (in thousands):
		Investment Securities				Retained Financial Interest
	Balance, beginning of year	$	2,356			$	22
	Purchases	7,570				—
	Income accreted	823				—
	Payments and distributions received	(2,827		)		—
	Sales	(2,999		)		—
	Impairment recognized in earnings	(74		)		—
	Gains on sales of trading securities	909				—
	Unrealized holding gain on trading securities	1,108				—
	Deconsolidation of LEAF	—				(22		)
	Change in unrealized losses – included in accumulated other comprehensive loss	(31		)		—
	Balance, end of year	$	6,835			$	—
	The following table presents additional information about assets which were measured at fair value on a recurring basis for which the Company has utilized Level 3 inputs to determine fair value during fiscal 2011 (in thousands):
		Investment Securities				Retained Financial Interest
	Balance, beginning of year	$	6,223			$	273
	Purchases, sales, issuances and settlements, net	(2,946		)		—
	Loss on sale of investment securities, net	(1,470		)		—
	Income accreted	948				—
	Payment and distributions received	(861		)		(251		)
	Change in unrealized losses – included in accumulated other comprehensive loss	462				—
	Balance, end of year	$	2,356			$	22
Changes in Carrying Value of Assets and Liabilities Measured at Fair Value on Non-recurring Basis	'
	The Company recognized the following changes in carrying value of the assets and liabilities measured at fair value on a non-recurring basis, as follows (in thousands):
		Level 1				Level 2				Level 3				Total
	Fiscal Year Ended September 30, 2012:
	Assets:
	Receivables from managed entities – commercial finance and real estate	$	—			$	—			$	16,752			$	16,752
	Investment in real estate	—				727				—				727
	Investment in real estate - office building	—				—				906				906
	Investment in CVC Credit Partners	—				—				28,600				28,600
	Investment in Apidos-CVC preferred equity	—				—				6,792				6,792
	Investment in LEAF	—				—				1,749				1,749
	Total	$	—			$	727			$	54,799			$	55,526
	Liability:
	Apidos contractual commitment	$	—			$	—			$	589			$	589
	Fiscal Year Ended September 30, 2011:
	Assets:
	Investments in commercial finance – impaired loans and leases	$	—			$	—			$	310			$	310
	Receivables from managed entities	—				—				18,941				18,941
	Total	$	—			$	—			$	19,251			$	19,251
	Liability:
	Guggenheim - secured revolving credit facility	$	—			$	—			$	49,266			$	49,266
Fair Value of Financial Instruments	'
	The fair value of financial instruments required to be disclosed at fair value, excluding instruments valued on a recurring basis, is as follows (in thousands):
		September 30, 2012								September 30, 2011
		Carrying Amount				Estimated Fair Value				Carrying Amount				Estimated Fair Value
	Assets:
	Receivables from managed entities	$	34,418			$	34,418			$	52,117			$	36,526
	Investments in commercial finance – loans held for investment	—				—				19,640				19,550
		$	34,418			$	34,418			$	71,757			$	56,076
	Borrowings:
	Real estate debt	$	10,531			$	11,554			$	10,700			$	10,700
	Senior Notes	10,000				11,364				16,263				17,438
	Corporate secured credit facilities and note	—				—				8,743				8,743
	Other debt	812				812				2,102				1,204
	Commercial finance debt	—				—				176,246				176,246
		$	21,343			$	23,730			$	214,054			$	214,331
Components of Income Taxes	'
	The following table details the allocation of the Company's provision (benefit) for income taxes from continuing operations between RAI and RSO:
		Fiscal Years Ended September 30,
		2012				2011				2010
	RAI	$	13,512			$	(4,607	)		(2,650		)
	RSO	14,602				12,036				—
	Total	$	28,114			$	7,429			$	(2,650	)
	The following table details the components of the Company's provision (benefit) for income taxes from continuing operations excluding RSO (in thousands):
		Fiscal Years Ended September 30,
		2012				2011				2010
	Current tax provision:
	Federal	$	—			$	51			$	1,379
	State	959				574				535
	Foreign	44				425				—
	Total current tax provision	1,003				1,050				1,914
	Deferred tax provision (benefit)
	Federal	13,787				(4,668		)		(5,795		)
	State	(1,278		)		(2,056		)		(223		)
	Foreign	—				1,067				1,454
	Total deferred tax provision (benefit)	12,509				(5,657		)		(4,564		)
	Total income tax provision (benefit)	$	13,512			$	(4,607	)		$	(2,650	)
	The following table details the components of income taxes (in thousands):
		Years Ended December 31,
		2012				2011
	Provision (benefit) for income taxes:
	Current:
	Federal	$	11,497			$	7,839
	State	776				4,596
	Total current	12,273				12,435
	Deferred:
	Federal	1,769				(305		)
	State	560				(94		)
	Total deferred	2,329				(399		)
	Income tax provision (benefit)	$	14,602			$	12,036
Reconciliation Between Federal Statutory Income Tax Rate and Effective Income Tax Rate	'
	A reconciliation between the federal statutory income tax rate and the Company's effective income tax rate excluding RSO is as follows:
		Fiscal Years Ended September 30,
		2012			2011			2010
	Statutory tax rate	35	%		35	%		35	%
	State and local taxes, net of federal benefit	2			13			12
	Deconsolidation adjustment	(6	)		—			—
	Return permanent adjustments	—			12			(7	)
	Taxable foreign distributions	—			(6	)		—
	Valuation allowance for deferred tax assets	2			(4	)		(18	)
	Equity-based compensation expense	—			(3	)		(8	)
	Other items	1			—			(1	)
		34	%		47	%		13	%
	A reconciliation between the federal statutory income tax rate and effective income tax rate is as follows:
		Years Ended December 31,
		2012			2011
	Statutory tax	35	%		35	%
	State and local taxes, net of federal benefit	1	%		15	%
	Valuation allowance for deferred tax assets	—	%		—	%
	Subpart F income	13	%		11	%
	Basis difference in LEAF Commercial Capital investment	—	%		6	%
	Other items	5	%		—	%
		54	%		67	%
Components of Deferred Tax Assets and Liabilities	'
	The components of deferred tax assets, net, excluding RSO are as follows (in thousands):
		September 30,
		2012				2011
	Deferred tax assets related to:
	Federal, foreign, state and local operating loss carryforwards	$	23,225			$	23,594
	Capital loss carryforwards	1,314				24,752
	Unrealized loss on investments	2,118				2,164
	Provision for credit losses	11,288				4,627
	Accrued expenses	2,059				3,685
	Employee equity compensation awards	906				1,242
	Investments in real estate assets	1,076				41
	Property and equipment basis differences	—				681
	Gross deferred tax assets	41,986				60,786
	Less:  valuation allowance	(5,812		)		(4,858		)
		36,174				55,928
	Deferred tax liabilities related to:
	Investments in partnership interests	(6,001		)		(12,013		)
	Deferred income	(2,312		)		—
	Property and equipment basis differences	(91		)		—
		(8,404		)		(12,013		)
	Deferred tax assets, net	$	27,770			$	43,915
	The components of deferred tax assets and liabilities are as follows (in thousands):
		December 31,
		2012				2011
	Deferred tax assets related to:
	Investment in securities	$	118			$	119
	Intangible assets basis difference	2,557				490
	Federal, state and local loss carryforwards	45				17
	Capital loss carryforward	12				—
	Partnership investment	34				—
	Total deferred tax assets	2,766				626
	Valuation allowance	—				—
	Total deferred tax assets	$	2,766			$	626
	Deferred tax liabilities related to:
	Unrealized income/loss on investments	$	(4,286	)		$	(1,188	)
	Equity investments	(838		)		(394		)
	Basis difference in LEAF Commercial Capital investment	(185		)		(3,390		)
	Subpart F income	(3,067		)		(652		)
	Total deferred tax liabilities	$	(8,376	)		$	(5,624	)
RSO [Member]	'
Variable Interest Entity [Line Items]	'
Condensed Financial Statements	'
	The following reflects the assets and liabilities and operations of RSO which was consolidated by the Company:
	RSO Balance Sheets Detail (in thousands):
		December 31,
		2012				2011
	ASSETS (1)
	Cash and cash equivalents	$	85,278			$	43,116
	Restricted cash	94,112				142,806
	Subtotal- Cash and cash equivalents	179,390				185,922
	Investment securities, trading	24,843				38,673
	Investment securities available-for-sale, pledged as collateral, at fair value	195,200				136,188
	Investment securities available-for-sale, at fair value	36,390				4,678
	Subtotal- Investments, at fair value	256,433				179,539
	Loans, pledged as collateral and net of allowances of $17.7 million and $27.5 million	1,793,780				1,772,063
	Loans receivable–related party	8,324				9,497
	Loans held for sale	48,894				3,154
	Subtotal - Loans, before eliminations	1,850,998				1,784,714
	Eliminations	(1,677		)		(8,605		)
	Subtotal - Loans	1,849,321				1,776,109
	Property available-for-sale	—				2,980
	Investment in real estate	75,386				48,027
	Investments in unconsolidated entities	45,413				47,899
	Subtotal, Investments in real estate and unconsolidated entities, before eliminations	120,799				98,906
	Eliminations	(93		)		(38,850		)
	Subtotal, Investments in real estate and unconsolidated entities	120,706				60,056
	Line items included in "other assets":
	Linked transactions, at fair value	6,835				2,275
	Interest receivable	7,763				8,836
	Deferred tax asset	2,766				626
	Principal paydown receivable	25,570				—
	Intangible assets	13,192				19,813
	Prepaid expenses	10,396				648
	Other assets	4,109				3,445
	Subtotal - Other assets, before eliminations	70,631				35,643
	Eliminations	(31		)		(34		)
	Subtotal - Other assets	70,600				35,609
	Total assets (excluding eliminations)	$	2,478,251			$	2,284,724
	Total assets (including eliminations)	$	2,476,450			$	2,237,235
	LIABILITIES (2)
	Borrowings	$	1,785,600			$	1,794,083
	Distribution payable	21,655				19,979
	Accrued interest expense	2,918				3,260
	Derivatives, at fair value	14,687				13,210
	Accrued tax liability	13,641				12,567
	Deferred tax liability	8,376				5,624
	Accounts payable and other liabilities	18,029				6,311
	Subtotal - Other liabilities, before eliminations	79,306				60,951
	Eliminations	(6,633		)		(2,698		)
	Subtotal - Other liabilities	72,673				58,253
	Total liabilities (before eliminations)	$	1,864,906			$	1,855,034
	Total liabilities (after eliminations)	$	1,858,273			$	1,852,336
	RSO Balance Sheets Detail (in thousands):
		December 31,
		2012				2011
	(1) Assets of consolidated RSO's VIEs included in the total assets above:
	Restricted cash	$	90,108			$	138,120
	Investments securities available-for-sale, pledged as collateral, at fair value	135,566				89,045
	Loans held for sale	14,894				3,154
	Property available-for-sale	—				2,980
	Loans, pledged as collateral and net of allowances of $15.2 million and $17.2 million	1,678,719				1,730,950
	Interest receivable	5,986				6,003
	Prepaid expenses	328				212
	Principal receivable	25,570				—
	Other assets	333				24
Total assets of consolidated VIEs	$	1,951,504			$	1,970,488
(2) Liabilities of consolidated RSO's VIEs included in the total liabilities above:
Borrowings	$	1,614,882			$	1,689,638
Accrued interest expense	2,666				2,943
Derivatives, at fair value	14,078				12,000
Accounts payable and other liabilities	698				442
Total liabilities of consolidated VIEs	$	1,632,324			$	1,705,023
The following table presents detail of noncontrolling interests attributable to RSO:
	December 31,
	2012				2011
Total stockholders equity per RSO balance sheet	$	613,345			$	429,690
Eliminations	(31,895		)		(31,313		)
Noncontrolling interests attributable to RSO	$	581,450			$	398,377
RSO Income Statement Detail
(in thousands)
	Years Ended December 31,
	2012				2011
REVENUES
Interest income:
Loans	$	109,030			$	86,739
Securities	14,296				12,424
Interest income − other	10,004				10,711
Total interest income	133,330				109,874
Interest expense	42,792				32,186
Net interest income	90,538				77,688
Rental income	11,463				3,656
Dividend income	69				3,045
Equity in (losses) earnings of unconsolidated subsidiaries	(2,709		)		112
Fee income	7,068				7,789
Net realized gain on sales of investment securities available-for-sale and loans	4,106				2,643
Net realized and unrealized gain on investment securities, trading	12,435				837
Unrealized gain and net interest income on linked transactions, net	728				216
Revenues from consolidated VIE - RSO	123,698				95,986
OPERATING EXPENSES
Management fees − related party	18,512				11,022
Equity compensation − related party	4,636				2,526
Professional services	4,700				3,791
Insurance	639				658
Rental operating expense	8,046				2,743
General and administrative	4,434				3,950
Depreciation and amortization	5,885				4,619
Income tax expense	14,602				12,036
Net impairment losses recognized in earnings	180				6,898
Provision for loan losses	16,818				13,896
Total operating expenses	78,452				62,139
Reclassification of income tax expense	(14,602		)		(12,036		)
Expenses of consolidated VIE - RSO	63,850				50,103
Adjusted operating income	59,848				45,883
OTHER REVENUE (EXPENSE)
Gain on consolidation	2,498				—
Gains on the extinguishment of debt	16,699				3,875
Other expenses	—				(6		)
Other income, net, from consolidated VIE - RSO	19,197				3,869
Income from continuing operations	79,045				49,752
Income tax provision - RSO	14,602				12,036
NET INCOME	64,443				37,716
Net income allocated to preferred shares	(1,244		)		—
NET INCOME ALLOCABLE TO RSO COMMON SHAREHOLDERS	$	63,199			$	37,716
RSO Cash Flow Detail (in thousands)
	Years Ended
	December 31,
	2012				2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	64,443			$	37,716
Items included in "Change in cash attributable to consolidated VIE - RSO":
Provision for loan losses	16,818				13,896
Depreciation of investments in real estate and other	1,838				729
Amortization of intangible assets	4,047				3,890
Amortization of term facilities	957				570
Accretion of net discounts on loans held for investment	(17,817		)		(15,588		)
Accretion of net discounts on securities available-for-sale	(3,177		)		(3,698		)
Amortization of discount on notes of CDOs	2,470				274
Amortization of debt issuance costs on notes of CDOs	4,700				3,341
Amortization of stock-based compensation	4,636				2,526
Amortization of terminated derivative instruments	227				227
Accretion of interest-only available-for-sales securities	(719		)		—
Deferred income tax benefits	2,329				(399		)
Purchase of securities, trading	(8,348		)		(38,904		)
Principal payments on securities, trading	1,027				643
Proceeds from sales of securities, trading	33,579				18,131
Net realized and unrealized gain on investment securities, trading	(12,435		)		(837		)
Net realized gains on investments	(4,106		)		(2,643		)
Gain on early extinguishment of debt	(16,699		)		(3,875		)
Net impairment losses recognized in earnings	180				6,898
Gain on consolidation	(2,498		)		—
Linked Transactions fair value adjustments	(168		)		—
Equity in losses (earnings) of unconsolidated subsidiaries	2,709				(112		)
Minority Interest Equity	114				—
Adjust for impact of imputed interest on VIE accounting	1,879				—
Changes in operating assets and liabilities
Decrease in restricted cash	(2,062		)		(5,628		)
Decrease in interest receivable, net of purchased interest	987				(2,513		)
Increase in subscriptions receivable	(1,248		)		—
Increase in principal paydowns receivable	(25,465		)		363
Increase in management fee payable	3,929				974
Increase in security deposits	25				80
Increase in accounts payable and accrued liabilities	7,573				15,370
Decrease in accrued interest expense	(193		)		1,696
Increase in other assets	(20,003		)		(520		)
Subtotal -consolidated VIE - RSO operating activity	(24,914		)		(5,109		)
Change in consolidated VIE - RSO cash for the period	(42,162		)		(13,628		)
Subtotal- Change in cash attributable to consolidated VIE - RSO before eliminations	(67,076		)		(18,737		)
Elimination of intercompany activity	1,850				2,572
Subtotal- Change in cash attributable to consolidated VIE - RSO	(65,226		)		(16,165		)
Non-cash incentive compensation to RAI	1,468				430
Elimination of intercompany activity	(1,468		)		(430		)
Non-cash incentive compensation to RAI, after eliminations	—				—
Net cash provided by operating activities (excluding eliminations)	40,997				33,037
RSO Consolidated Statements of Cash Flows (in thousands)
	Years Ended
	December 31,
	2012				2011
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of loans	(649,983		)		(970,309		)
Purchase of securities available-for-sale	(119,779		)		(117,044		)
Subtotal - Purchase of loans and securities by consolidated VIE - RSO, before eliminations	(769,762		)		(1,087,353		)
Eliminations	—				15,221
Subtotal - Purchase of loans and securities by consolidated VIE - RSO	(769,762		)		(1,072,132		)
Principal payments received on loans	570,276				424,600
Proceeds from sale of loans	173,378				212,042
Principal payments on securities available-for-sale	47,284				11,810
Proceeds from sale of securities available-for-sale	28,652				13,747
Proceeds from sale of real estate held-for-sale	2,886				1,464
Subtotal - principal payments and proceeds from sales received by consolidated VIE - RSO, before eliminations	822,476				663,663
Decrease (increase) in restricted cash	50,756				31,014
Items included in "Other -VIE, investing activity":
Investment in unconsolidated entity	474				(4,762		)
Equity contribution to VIE	(710		)		—
Improvement of  real estate held-for-sale	(138		)		—
Purchase of investments in real estate	—				(19,299		)
Distributions from investments in real estate	1,152				—
Improvements in investments in real estate	(3,878		)		—
Purchase of intangible asset	—				(21,213		)
Investment in loans - related parties	—				(10,000		)
Principal payments received on loans – related parties	1,251				10,430
Investments in real estate assets	—				(689		)
Subtotal - Other consolidated VIE - investing activity, before eliminations	(1,849		)		(45,533		)
Eliminations	(76		)		—
Subtotal - Other consolidated VIE - investing activity	(1,925		)		(45,533		)
Net cash provided by (used in) investing activities (excluding eliminations)	101,621				(438,209		)
	Years Ended
	December 31,
	2012				2011
CASH FLOWS FROM FINANCING ACTIVITIES:
Items included in "Net borrowings (repayments) of debt by consolidated VIE - RSO"
Proceeds from borrowings:
Repurchase agreements	71,121				55,852
Collateralized debt obligations	—				323,244
Mortgage payable	—				13,600
Payments on borrowings:
Collateralized debt obligations	(257,905		)		(28,542		)
Repurchase of issued bonds	—				(6,125		)
Retirement of debt	(20,365		)		—
Subtotal - net (repayments) borrowings of debt by consolidated VIE - RSO	(207,149		)		358,029
Distributions paid on common stock	(74,050		)		(69,869		)
Elimination of dividends paid to RAI	2,174				2,455
Distributionx paid on common stock, after elimination	(71,876		)		(67,414		)
Net proceeds from issuances of common stock (net of offering costs of $2,165 and $1,263)	55,502				46,347
Net proceeds from dividend reinvestment and stock purchase plan (net of offering costs of $19 and $11)	73,044				83,564
Proceeds from issuance of 8.5% Series A redeemable	16,411				—
preferred shares (net of offering costs of $781 and $0)
Proceeds from issuance of 8.25% Series B redeemable	26,099				—
preferred shares (net of offering costs of $1,201 and $0)
Subtotal - net proceeds from issuance of stock by consolidated VIE	171,056				129,911
Payment of debt issuance costs	(586		)		(6,385		)
Payment of equity to third party sub-note holders	(3,480		)		—
Distributions paid on preferred stock	(613		)		—
Proceeds from CDO retained notes	14,366				7,114
Subtotal - Other consolidated VIE -RSO financing activity	9,687				729
Net cash (used in) provided by financing activities (excluding eliminations)	$	(100,456	)		$	418,800
NET (DECREASE) INCREASE IN CASH	42,162				13,628
AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	43,116				29,488
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	85,278			$	43,116
SUPPLEMENTAL DISCLOSURE:
Interest expense paid in cash	$	41,369			$	32,596
Plant and Equipment, Net	'
	RSO depreciates real property using the straight-line method over the estimated useful lives of the assets as follows:
	Category	Term
	Building	25 - 40 years
	Site improvements	Lesser of the remaining life of building or useful life
Schedule of Variable Interest Entities	'
	The following table shows the classification, carrying value and maximum exposure to loss with respect to RSO’s unconsolidated VIEs as of December 31, 2012 (in thousands):
		Unconsolidated Variable Interest Entities
		LEAF Commercial Capital, Inc.				Unsecured Junior Subordinated Debentures				Resource Capital Asset Management CDOs				RRE VIP Borrower, LLC				Värde Investment Partners, LP				Total			Maximum Exposure to Loss (1)
	Investment in unconsolidated entities	$	33,071			$	1,548			$	—			$	2,264			$	526			$	37,409		37,409
	Intangible assets	—				—				13,105				—				—				13,105			13,105
	Total assets	33,071				1,548				13,105				2,264				526				50,514
	Borrowings	—				50,814				—				—				—				50,814			N/A
	Total liabilities	—				50,814				—				—				—				50,814			N/A
	Net asset (liability)	$	33,071			$	(49,266	)		13,105				2,264				526				$	(300	)	N/A
	-1	RSO's maximum exposure to loss at December 31, 2012 does not exceed the carrying amount of its investment, subject to the LEAF Receivables Funding 3's contingent obligation as described above.
	The following table shows the classification and carrying value of assets and liabilities of consolidated VIEs as of December 31, 2012 (in thousands):
		Apidos I				Apidos				Apidos				Apidos				Whitney CLO I				RREF			RREF		Total
						III				Cinco				VIII								2006			2007
	ASSETS
	Restricted cash (1)	$	30,799			$	12,956			$	22,669			$	11,027			$	11,800			$	20		$	837	$	90,108
	Investment securities	8,333				6,902				11,316				501				33,700				10,796			64,018		135,566
	available-for-sale, pledged as
	collateral, at fair value
	Loans, pledged as collateral	177,385				209,561				306,196				329,467				146,106				226,716			283,288		1,678,719
	Loans held for sale	2,671				2,770				3,657				5,796				—				—			—		14,894
	Interest receivable	(12		)		720				1,050				737				404				1,153			1,934		5,986
	Prepaid assets	50				25				30				69				18				78			58		328
	Principal receivable	—				—				—				—				—				6,320			19,250		25,570
	Other assets	—				—				—				—				—				63			270		333
	Total assets (2)	$	219,226			$	232,934			$	344,918			$	347,597			$	192,028			$	245,146		$	369,655	$	1,951,504
	LIABILITIES
	Borrowings	$	202,968			$	221,304			$	320,550			$	320,998			$	177,415			$	145,664		$	225,983	$	1,614,882
	Accrued interest expense	380				94				343				1,427				266				50			106		2,666
	Derivatives, at fair value	—				—				—				—				—				1,939			12,139		14,078
	Accounts payable and	142				16				30				395				92				22			1		698
	other liabilities
	Total liabilities	$	203,490			$	221,414			$	320,923			$	322,820			$	177,773			$	147,675		$	238,229	$	1,632,324
	-1	Includes $27.5 million available for reinvestment in certain of the CDOs.
	-2	Assets of each of the consolidated VIEs may only be used to settle the obligations of each respective VIE.
Supplemental Cash Flow Information	'
	Supplemental disclosure of cash flow information (in thousands):
		Year Ended
		December 31,
		2012				2011
	Non-cash investing activities include the following:
	Acquisition of real estate investments	$	(21,661	)		$	(33,073	)
	Conversion of loans to investment in real estate	$	21,661			$	34,550
	Net purchase of loans on warehouse line	$	—			$	(52,735	)
	Acquisition of loans, pledged as collateral	$	(230,152	)		$	—
	Non-cash financing activities include the following:
	Distributions on common stock declared but not paid	$	21,024			$	19,979
	Distribution on preferred stock declared but not paid	$	1,244			$	—
	Issuance of restricted stock	$	2,189			$	1,203
	Subscription receivable	$	1,248			$	—
	Assumption of collateralized debt obligations	$	206,408			$	—
	Acquisition of loans on warehouse line	$	—			$	52,735
Investment Trading Securities at Fair Value	'
	The following table summarizes RSO's structured notes and residential mortgage-backed securities (“RMBS”) which are classified as investment securities, trading and carried at fair value (in thousands):
		Amortized Cost				Unrealized Gains				Unrealized Losses				Fair Value
	December 31, 2012
	Structured notes	$	9,413			$	10,894			$	(1,028	)		$	19,279
	RMBS	6,047				858				(1,341		)		5,564
	Total	$	15,460			$	11,752			$	(2,369	)		$	24,843
	December 31, 2011
	Structured notes	$	27,345			$	6,098			$	(1,890	)		$	31,553
	RMBS	8,729				100				(1,709		)		7,120
	Total	$	36,074			$	6,198			$	(3,599	)		$	38,673
Available-for-sale Securities, Fair Value	'
	The following table summarizes RSO's investment securities, including those pledged as collateral and classified as available-for-sale, which are carried at fair value (in thousands):
		Amortized				Unrealized Gains				Unrealized Losses				Fair Value
		Cost (1)
	December 31, 2012:
	CMBS	$	182,828			$	4,626			$	(16,639	)		$	170,815
	ABS	26,479				1,700				(1,127		)		27,052
	Corporate Bonds	33,767				111				(178		)		33,700
	Other asset-backed	—				23				—				23
	Total	$	243,074			$	6,460			$	(17,944	)		$	231,590
	December 31, 2011:
	CMBS	$	144,334			$	1,129			$	(29,821	)		$	115,642
	ABS	28,513				215				(3,527		)		25,201
	Other asset-backed	—				23				—				23
	Total	$	172,847			$	1,367			$	(33,348	)		$	140,866
	-1	As of December 31, 2012 and 2011, $195.2 million and $136.2 million, respectively, of securities were pledged as collateral security under related financings.
Estimated maturities of available for sale securities	'
	The following table summarizes the estimated maturities of RSO’s CMBS, ABS and corporate bonds according to their estimated weighted average life classifications (in thousands, except percentages):
	Weighted Average Life	Fair Value				Amortized Cost				Weighted Average Coupon
	December 31, 2012:
	Less than one year	$	42,618		(1)	$	46,522			4.09	%
	Greater than one year and less than five years	122,509				131,076				4.55	%
	Greater than five years and less than ten years	61,780				60,801				3.31	%
	Greater than ten years	4,683				4,675				4.03	%
	Total	$	231,590			$	243,074			4.12	%
	December 31, 2011:
	Less than one year	$	44,583		(2)	$	48,934			4.45	%
	Greater than one year and less than five years	68,751				91,199				4.62	%
	Greater than five years and less than ten years	25,596				29,527				3.52	%
	Greater than ten years	1,936				3,187				3.84	%
	Total	$	140,866			$	172,847			4.36	%
	-1	RSO expects that the maturity date of these CMBS will either be extended or the CMBS will be paid in full.
	-2	CMBS of $6.7 million maturing in this category are collateralized by floating-rate loans and, as permitted under the CMBS terms, are expected to extend their maturities, because, beyond their contractual extensions which expired or will expire this year, the servicer may allow further extensions of the underlying floating rate loans.  RSO expects that the remaining $37.9 million of CMBS will either have their maturity date extended or be paid in full. ABS of $950,000 maturing in this category were subsequently extended until March 2018.
Unrealized Losses Along with the Related Fair Value, Aggregated by the Length of Time the Investments were in a Continuous Unrealized Loss Position	'
	The following table shows the fair value and gross unrealized losses, aggregated by investment category and length of time, of those individual investment securities available-for-sale that have been in a continuous unrealized loss position during the periods specified (in thousands):
		Less than 12 Months								More than 12 Months								Total
		Fair Value				Gross Unrealized Losses				Fair Value				Gross Unrealized Losses				Fair Value				Gross Unrealized Losses
	December 31, 2012:
	CMBS	$	25,803			$	(442	)		$	38,734			$	(16,197	)		$	64,537			$	(16,639	)
	ABS	501				(12		)		5,961				(1,115		)		6,462				(1,127		)
	Corporate Bonds	18,944				(178		)		—				—				18,944				(178		)
	Total temporarily impaired securities	$	45,248			$	(632	)		$	44,695			$	(17,312	)		$	89,943			$	(17,944	)
	December 31, 2011:
	CMBS	$	88,726			$	(17,033	)		$	8,281			$	(12,788	)		$	97,007			$	(29,821	)
	ABS	13,583				(935		)		4,473				(2,592		)		18,056				(3,527		)
	Total temporarily impaired securities	$	102,309			$	(17,968	)		$	12,754			$	(15,380	)		$	115,063			$	(33,348	)
Investments in real estate	'
			As of December 31, 2012						As of December 31, 2011
			Book Value				Number of Properties		Book Value				Number of Properties
	Multi-family property		$	42,179			2		$	38,577			2
	Office property		10,149				1		10,149				1
	Hotel property		25,608				1		—				—
	Subtotal		77,936						48,726
	Less:  Accumulated depreciation		(2,550		)				(699		)
	Investments in real estate		$	75,386					$	48,027
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	'
	The following table is a summary of the aggregate estimated fair value of the assets and liabilities acquired on the respective date of acquisition (in thousands):
			December 31,
	Description		2012				2011
	Assets acquired:
	Investments in real estate		$	25,500			$	48,683
	Cash and cash equivalents		—				177
	Restricted cash		—				2,360
	Intangible assets		—				2,490
	Other assets		(89		)		391
	Total assets acquired		25,411				54,101
	Liabilities assumed:
	Accounts payable and other liabilities		3,750				673
	Total liabilities assumed		3,750				673
	Estimated fair value of net assets acquired		$	21,661			$	53,428
Real Estate Acquisition, Pro Forma Information	'
	The following unaudited pro forma information, after including the acquisition of real properties, is presented below as if the acquisitions occurred on January 1, 2011. The pro forma results are not necessarily indicative of the results which actually would have occurred if the acquisition had occurred on the first day of the periods presented, nor is it indicative of RSO's future results (in thousands):
			Years Ended
			December 31,
	Description		2012				2011
	Total revenue, as reported		$	123,698			$	95,986
	Pro forma revenue		$	131,028			$	111,263
	Net income, reported		$	63,199			$	37,716
	Pro forma net income		$	63,503			$	37,535
	Earnings per share - basic, reported		$	0.71			$	0.54
	Earnings per share per - diluted, reported		$	0.71			$	0.53
	Pro forma earnings per share - basic		$	0.72			$	0.53
	Pro forma earnings per share - diluted		$	0.71			$	0.53
Schedule of Receivables with Imputed Interest	'
	The following is a summary of RSO’s loans (in thousands):
	Loan Description		Principal				Unamortized (Discount) Premium (1)				Carrying Value (2)
	31-Dec-12
	Bank loans (3)		$	1,218,563			$	(25,249	)		$	1,193,314
	Commercial real estate loans:
	Whole loans (4)		569,829				(1,891		)		567,938
	B notes		16,441				(114		)		16,327
	Mezzanine loans		82,992				(206		)		82,786
	Total commercial real estate loans		669,262				(2,211		)		667,051
	Subtotal loans before allowances		1,887,825				(27,460		)		1,860,365
	Allowance for loan loss		(17,691		)		—				(17,691		)
	Total		$	1,870,134			$	(27,460	)		$	1,842,674
	December 31, 2011:
	Bank loans (3)		$	1,205,826			$	(32,073	)		$	1,173,753
	Commercial real estate loans:
	Whole loans		545,828				(1,155		)		544,673
	B notes		16,579				(144		)		16,435
	Mezzanine loans		67,842				32				67,874
	Total commercial real estate loans		630,249				(1,267		)		628,982
	Subtotal loans before allowances		1,836,075				(33,340		)		1,802,735
	Allowance for loan loss		(27,518		)		—				(27,518		)
	Total		$	1,808,557			$	(33,340	)		$	1,775,217
	-1	Amounts include deferred amendment fees of $450,000 and $286,000 and deferred upfront fees of $334,000 and $0 being amortized over the life of the bank loans as of December 31, 2012 and 2011, respectively.  Amounts include loan origination fees of $1.9 million and $984,000 and loan extension fees of $214,000 and $123,000 being amortized over the life of the commercial real estate loans as of December 31, 2012 and 2011, respectively.
	-2	Substantially all loans are pledged as collateral under various borrowings at December 31, 2012 and 2011, respectively.
	-3	Amounts include $14.9 million and $3.2 million of bank loans held for sale at December 31, 2012 and 2011, respectively.
	-4	Amount includes $34.0 million from two whole loans which are classified as loans held for sale at December 31, 2012.
Summary of the weighted average life of bank loans at amortized cost	'
	The following is a summary of the weighted average life of RSO’s bank loans, at amortized cost (in thousands):
		December 31,
		2012				2011
	Less than one year	$	10,028			$	1,968
	Greater than one year and less than five years	821,568				684,376
	Five years or greater	361,718				487,409
		$	1,193,314			$	1,173,753
Summary of the commercial real estate loans	'
	The following is a summary of RSO’s commercial real estate loans held for investment (in thousands):
	Description		Quantity		Amortized Cost				Contracted		Maturity
									Interest Rates		Dates (3)
	31-Dec-12
	Whole loans, floating rate (1) (4) (5) (6)		37		$	567,938			LIBOR plus 2.50% to		June 2013 to
									LIBOR plus 5.50%		Feb-19
	B notes, fixed rate		1		16,327				8.68%		Apr-16
	Mezzanine loans, floating rate		2		15,845				LIBOR plus 2.50% to		August 2013 to
									LIBOR plus 7.45%		Dec-13
	Mezzanine loans, fixed rate (7)		3		66,941				0.50% to 20.00%		September 2014 to
											Sep-19
	Total (2)		43		$	667,051
	December 31, 2011:
	Whole loans, floating rate (1) (4) (5)		32		$	537,708			LIBOR plus 2.50% to		April 2012 to
									LIBOR plus 5.75%		Feb-19
	Whole loans, fixed rate		1		6,965				10.00%		Jun-12
	B notes, fixed rate		1		16,435				8.68%		Apr-16
	Mezzanine loans, floating rate		3		53,908				LIBOR plus 2.50% to		May 2012 to
									LIBOR plus 7.45%		Dec-12
	Mezzanine loans, fixed rate (7)		2		13,966				8.99% to 11.00%		January 2016 to
											Sep-16
	Total (2)		39		$	628,982
	-1	Whole loans had $8.9 million and $5.2 million in unfunded loan commitments as of December 31, 2012 and 2011, respectively.  These commitments are funded as the borrowers require additional funding and have satisfied the requirements to obtain this additional funding.
	-2	The total does not include an allowance for loan loss of $8.0 million and $24.2 million as of December 31, 2012 and 2011, respectively.
	-3	Maturity dates do not include possible extension options that may be available to the borrowers.
	-4	Floating rate whole loans include a $2.0 million portion of a whole loan that has a fixed rate of 15% as of December 31, 2012 and 2011, respectively.
	-5	Floating rate whole loans include a $1.0 million and $302,000 preferred equity tranche of a whole loan that has a fixed rate of 10% as of December 31, 2012 and 2011, respectively.
	-6	Amount includes $34.0 million from two whole loans that are classified as loans held for sale at December 31, 2012.
	-7	Fixed rate mezzanine loans include a mezzanine loan that was modified into two tranches which both currently pay interest at 0.5%. In addition, the subordinate tranche accrues interest at LIBOR plus 18.5% which is deferred until maturity.
Summary of the weighted average life of the commercial real estate loans at amortized cost	'
	The following is a summary of the weighted average life of RSO’s commercial real estate loans, at amortized cost (in thousands):
	Description		2013				2014				2015 and Thereafter				Total
	31-Dec-12
	B notes		$	—			$	—			$	16,327			$	16,327
	Mezzanine loans		5,328				20,694				56,764				82,786
	Whole loans		71,799				—				496,139				567,938
	Total (1)		$	77,127			$	20,694			$	569,230			$	667,051
	-1	Weighted average life of commercial real estate loans assumes full exercise of extension options available to borrowers.
Allocation of Allowance for Loan Loss	'
	The following is a summary of the allocation of the allowance for loan loss with respect to RSO’s commercial real estate and bank loans (in thousands, except percentages) by asset class:
	Description		Allowance for Loan Loss				Percentage of
							Total Allowance
	December 31, 2012:
	B notes		$	206			1.17%
	Mezzanine loans		860				4.85%
	Whole loans		6,920				39.12%
	Bank loans		9,705				54.86%
	Total		$	17,691
	December 31, 2011:
	B notes		$	253			0.92%
	Mezzanine loans		1,437				5.23%
	Whole loans		22,531				81.87%
	Bank loans		3,297				11.98%
	Total		$	27,518
Summarization of Activity in the Allowance for Credit Losses for the Company's Financing Receivables	'
	The following tables show the allowance for loan losses and recorded investments in loans for the years indicated (in thousands):
		Commercial Real Estate Loans				Bank Loans				Lease Receivables				Loans Receivable-Related Party				Total
	December 31, 2012:
	Allowance for losses at January 1, 2012	$	24,221			$	3,297			$	—			$	—			$	27,518
	Provision for loan loss	5,225				11,593				—				—				16,818
	Loans charged-off	(21,460		)		(5,185		)		—				—				(26,645		)
	Allowance for losses at December 31, 2012	$	7,986			$	9,705			$	—			$	—			$	17,691
	Ending balance:
	Individually evaluated for impairment	$	2,142			$	3,236			$	—			$	—			$	5,378
	Collectively evaluated for impairment	$	5,844			$	6,469			$	—			$	—			$	12,313
	Loans acquired with deteriorated credit quality	$	—			$	—			$	—			$	—			$	—
	Loans:
	Ending balance:
	Individually evaluated for impairment	$	177,055			$	4,688			$	—			$	8,324			$	190,067
	Collectively evaluated for impairment	$	489,996			$	1,187,875			$	—			$	—			$	1,677,871
	Loans acquired with deteriorated credit quality	$	—			$	751			$	—			$	—			$	751
	December 31, 2011:
	Allowance for losses at January 1, 2011	$	31,617			$	2,616			$	70			$	—			$	34,303
	Provision for loan loss	6,478				7,418				—				—				13,896
	Loans charged-off	(13,874		)		(6,737		)		(70		)		—				(20,681		)
	Allowance for losses at December 31, 2011	$	24,221			$	3,297			$	—			$	—			$	27,518
	Ending balance:
	Individually evaluated for impairment	$	17,065			$	1,593			$	—			$	—			$	18,658
	Collectively evaluated for impairment	$	7,156			$	1,704			$	—			$	—			$	8,860
	Loans acquired with deteriorated credit quality	$	—			$	—			$	—			$	—			$	—
	Loans:
	Ending balance:
	Individually evaluated for impairment	$	113,038			$	2,693			$	—			$	9,497			$	125,228
	Collectively evaluated for impairment	$	515,944			$	1,171,060			$	—			$	—			$	1,687,004
	Loans acquired with deteriorated credit quality	$	—			$	—			$	—			$	—			$	—
Financing Receivable Credit Quality Indicators	'
	Credit risk profiles of commercial real estate loans were as follows (in thousands):
		Rating 1				Rating 2				Rating 3				Rating 4				Held for Sale				Total
	As of December 31, 2012:
	Whole loans	$	427,456			$	—			$	106,482			$	—			$	34,000			$	567,938
	B notes	16,327				—				—				—				—				16,327
	Mezzanine loans	38,296				—				44,490				—				—				82,786
		$	482,079			$	—			$	150,972			$	—			$	34,000			$	667,051
	As of December 31, 2011:
	Whole loans	$	329,085			$	87,598			$	90,225			$	37,765			$	—			$	544,673
	B notes	16,435				—				—				—				—				16,435
	Mezzanine loans	23,347				—				44,527				—				—				67,874
		$	368,867			$	87,598			$	134,752			$	37,765			$	—			$	628,982
	Credit risk profiles of bank loans were as follows (in thousands):
		Rating 1				Rating 2				Rating 3				Rating 4				Rating 5				Held for Sale			Total
	As of December 31, 2012:
	Bank loans	$	1,095,148			$	33,677			$	27,837			$	16,318			$	5,440			$	14,894		$	1,193,314
	As of December 31, 2011:
	Bank loans	$	1,076,298			$	19,739			$	60,329			$	11,540			$	2,693			$	3,154		$	1,173,753
Aging of the Company's Past Due Financing Receivables, Gross of Allowances for Credit Losses	'
	The following table shows the loan portfolio aging analysis as of the dates indicated at cost basis (in thousands):
		30-59 Days				60-89 Days				Greater than 90 Days				Total Past Due				Current				Total Loans Receivable			Total Loans > 90 Days and Accruing
	December 31, 2012:
	Whole loans	$	—			$	—			$	—			$	—			$	567,938			$	567,938		$	—
	B notes	—				—				—				—				16,327				16,327			—
	Mezzanine loans	—				—				—				—				82,786				82,786			—
	Bank loans	1,549				—				3,891				5,440				1,187,874				1,193,314			—
	Loans receivable- related party	—				—				—				—				8,324				8,324			—
	Total loans	$	1,549			$	—			$	3,891			$	5,440			$	1,863,249			$	1,868,689		$	—
	December 31, 2011:
	Whole loans	$	—			$	—			$	—			$	—			$	544,673			$	544,673		$	—
	B notes	—				—				—				—				16,435				16,435			—
	Mezzanine loans	—				—				—				—				67,874				67,874			—
	Bank loans	—				—				—				—				1,173,753				1,173,753			—
	Loans receivable- related party	—				—				—				—				9,497				9,497			—
	Total loans	$	—			$	—			$	—			$	—			$	1,812,232			$	1,812,232		$	—
Information about Company's Impaired Financing Receivables	'
	The following tables show impaired loans indicated (in thousands):
		Recorded Balance				Unpaid Principal Balance				Specific Allowance				Average Investment in Impaired Loans				Interest Income Recognized
	December 31, 2012:
	Loans without a specific valuation allowance:
	Whole loans	$	115,841			$	115,841			$	—			$	114,682			$	3,436
	B notes	$	—			$	—			$	—			$	—			$	—
	Mezzanine loans	$	38,072			$	38,072			$	—			$	38,072			$	367
	Bank loans	$	—			$	—			$	—			$	—			$	—
	Loans receivable - related party	$	6,754			$	6,754			$	—			$	—			$	851
	Loans with a specific valuation allowance:
	Whole loans	$	23,142			$	23,142			$	(2,142	)		$	22,576			$	801
	B notes	$	—			$	—			$	—			$	—			$	—
	Mezzanine loans	$	—			$	—			$	—			$	—			$	—
	Bank loans	$	5,440			$	5,440			$	(3,236	)		$	—			$	—
	Loans receivable - related party	$	—			$	—			$	—			$	—			$	—
	Total:
	Whole loans	$	138,983			$	138,983			$	(2,142	)		$	137,258			$	4,237
	B notes	—				—				—				—				—
	Mezzanine loans	38,072				38,072				—				38,072				367
	Bank loans	5,440				5,440				(3,236		)		—				—
	Loans receivable - related party	6,754				6,754				—				—				851
		$	189,249			$	189,249			$	(5,378	)		$	175,330			$	5,455
		Recorded Balance				Unpaid Principal Balance				Specific Allowance				Average Investment in Impaired Loans				Interest Income Recognized
	December 31, 2011:
	Loans without a specific valuation allowance:
	Whole loans	$	75,273			$	75,273			$	—			$	75,263			$	2,682
	B notes	$	—			$	—			$	—			$	—			$	—
	Mezzanine loans	$	—			$	—			$	—			$	—			$	—
	Bank loans	$	—			$	—			$	—			$	—			$	—
	Loans receivable - related party	$	7,820			$	7,820			$	—			$	—			$	1,112
	Loans with a specific valuation allowance:
	Whole loans	$	37,765			$	37,765			$	(17,065	)		$	36,608			$	920
	B notes	$	—			$	—			$	—			$	—			$	—
	Mezzanine loans	$	—			$	—			$	—			$	—			$	—
	Bank loans	$	2,693			$	2,693			$	(1,593	)		$	2,693			$	—
	Loans receivable - related party	$	—			$	—			$	—			$	—			$	—
	Total:
	Whole loans	$	113,038			$	113,038			$	(17,065	)		$	111,871			$	3,602
	B notes	—				—				—				—				—
	Mezzanine loans	—				—				—				—				—
	Bank loans	2,693				2,693				(1,593		)		2,693				—
	Loans receivable - related party	7,820				7,820				—				—				1,112
		$	123,551			$	123,551			$	(18,658	)		$	114,564			$	4,714
Troubled Debt Restructurings on Financing Receivables	'
	The following tables show troubled-debt restructurings in RSO's loan portfolio (in thousands):
		Number		Pre-Modification				Post-Modification
		of Loans		Outstanding				Outstanding
				Recorded Balance				Recorded Balance
	Year Ended December 31, 2012:
	Whole loans (1)	7		$	175,708			$	158,422
	B notes	—		—				—
	Mezzanine loans	1		38,072				38,072
	Bank loans	—		—				—
	Loans receivable - related party (2)	1		7,797				7,797
	Total loans	9		$	221,577			$	204,291
	Year Ended December 31, 2011:
	Whole loans	2		$	34,739			$	33,073
	B notes	—		—				—
	Mezzanine loans	—		—				—
	Bank loans	—		—				—
	Loans receivable	—		—				—
	Loans receivable - related party	1		7,981				7,981
	Total loans	3		$	42,720			$	41,054
	-1	Whole loans include a whole loan with a pre-modification and post-modification outstanding recorded balance of $21.8 million that have been converted to real-estate owned and will no longer be a TDR after December 31, 2012.
	-2	Loans receivable - related party reflects a loan outstanding to LEAF Fund II, which is a commercial finance partnership that was sponsored and is managed/serviced by the Company. RSO has received paydowns on this loan for the year ended December 31, 2012 and currently has an outstanding balance of $6.8 million as of December 31, 2012.
	As of December 31, 2012 and December 31, 2011, there were no troubled-debt restructurings that subsequently defaulted.
Schedule of Intangible Assets and Goodwill	'
	The following table summarizes intangible assets at December 31, 2012 and 2011 (in thousands).
		Beginning Balance				Accumulated Amortization				Net Asset
	December, 2012
	Investment in RCAM	$	21,213			$	(8,108	)		$	13,105
	Investments in real estate:
	In-place leases	2,461				(2,379		)		82
	Above (below) market leases	29				(24		)		5
		2,490				(2,403		)		87
	Total intangible assets	$	23,703			$	(10,511	)		$	13,192
	December 31, 2011:
	Investment in RCAM	$	21,213			$	(2,237	)		$	18,976
	Investments in real estate:
	In-place leases	2,461				(1,634		)		827
	Above (below) market leases	29				(19		)		10
		2,490				(1,653		)		837
	Total intangible assets	$	23,703			$	(3,890	)		$	19,813
Credit Facilities and Other Debt of the Company and Related Borrowings Outstanding	'
	RSO historically has financed the acquisition of its investments, including investment securities, loans and lease receivables, through the use of secured and unsecured borrowings in the form of CDOs, securitized notes, repurchase agreements, secured term facilities, warehouse facilities and trust preferred securities issuances.  Certain information with respect to RSO’s borrowings at December 31, 2012 and 2011 is summarized in the following table (in thousands, except percentages):
		Outstanding Borrowings				Weighted Average Borrowing Rate		Weighted Average Remaining Maturity		Value of Collateral
	December 31, 2012:
	RREF CDO 2006-1 Senior Notes (1)	$	145,664			1.42%		33.6 years		$	295,759
	RREF CDO 2007-1 Senior Notes (2)	225,983				0.81%		33.8 years		292,980
	Apidos CDO I Senior Notes (3)	202,969				1.07%		4.6 years		217,745
	Apidos CDO III Senior Notes (4)	221,304				0.80%		7.5 years		232,655
	Apidos Cinco CDO Senior Notes (5)	320,550				0.82%		7.4 years		344,105
	Apidos CLO VIII Senior Notes (6)	300,951				2.16%		8.8 years		351,014
	Apidos CLO VIII Securitized Borrowings (11)	20,047				15.27%		8.8 years		—
	Whitney CLO I (10)	171,555				1.82%		4.2 years		191,704
	Whitney Securitized Borrowings(11)	5,860				9.50%		4.2 years		—
	Unsecured Junior Subordinated Debentures (7)	50,814				4.26%		23.7 years		—
	Repurchase Agreements (8)	106,303				2.28%		18 days		145,234
	Mortgage Payable (9)	13,600				4.17%		5.6 years		18,100
	Total(12)	$	1,785,600			1.62%		12.5 years		$	2,089,296
	December 31, 2011:
	RREF CDO 2006-1 Senior Notes (1)	$	157,803			1.44%		34.6 years		$	264,796
	RREF CDO 2007-1 Senior Notes (2)	315,882				0.85%		34.8 years		422,641
	Apidos CDO I Senior Notes (3)	314,884				1.04%		5.6 years		315,088
	Apidos CDO III Senior Notes (4)	261,209				0.99%		8.5 years		260,167
	Apidos Cinco CDO Senior Notes (5)	319,959				0.95%		8.4 years		326,164
	Apidos CLO VIII Senior Notes (6)	298,312				2.42%		9.8 years		334,122
	Apidos CLO VIII Securitized Borrowings (11)	21,364				15.27%		9.8 years		—
	Unsecured Junior Subordinated Debentures (7)	50,631				4.35%		24.7 years		—
	Repurchase Agreements (8)	40,503				1.54%		18 days		47,143
	Mortgage Payable (9)	13,536				4.23%		6.6 years		18,100
	Total	$	1,794,083			1.38%		15.2 years		$	1,988,221
	-1	Amount represents principal outstanding of $146.4 million and $159.1 million less unamortized issuance costs of $728,000 and $1.2 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in August 2006.
	-2	Amount represents principal outstanding of $227.4 million and $318.6 million less unamortized issuance costs of $1.4 million and $2.7 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in June 2007.
	-3	Amount represents principal outstanding of $203.2 million and $315.9 million less unamortized issuance costs of $274,000 and $1.1 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in August 2005.
	-4	Amount represents principal outstanding of $222.0 million and $262.5 million less unamortized issuance costs of $659,000 and $1.3 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in May 2006.
	-5	Amount represents principal outstanding of $322.0 million and $322.0 million less unamortized issuance costs of $1.5 million and $2.0 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in May 2007.
	-6	Amount represents principal outstanding of $317.6 million and $317.6 million, less unamortized issuance costs of $4.7 million and $5.5 million, and less unamortized discounts of $11.9 million and $13.8 million as of December 31, 2012 and 2011, respectively.  This CDO transaction closed in October 2011.
	-7	Amount represents junior subordinated debentures issued to RCT I and RCT II in May 2006 and September 2006, respectively.
	-8	Amount represents principal outstanding of $47.5 million and $40.9 million less unamortized deferred debt costs of $23,000 and $494,000 and accrued interest costs of $37,000 and $39,000 related to CMBS repurchase facilities as of December 31, 2012 and 2011, respectively, and principal outstanding of $59.1 million less unamortized deferred debt costs of $348,000 and accrued interest costs of $79,000 related to CRE repurchase facilities as of December 31, 2012. Does not reflect CMBS repurchase agreement borrowings that are components of Linked Transactions. At December 31, 2012 and 2011, RSO had repurchase agreements of $20.4 million and $14.9 million, respectively, that were linked to CMBS purchases and accounted for as Linked Transactions, and as such, the linked repurchase agreements are not included in the above table.
	-9	Amount represents principal outstanding of $13.6 million and $13.6 million less unamortized real estate financing costs of $0 and $65,000 as of December 31, 2012 and 2011, respectively.  This real estate transaction closed in August 2011.
	-10	Amount represents principal outstanding of $174.1 million less unamortized discounts of $2.5 million as of December 31, 2012 . In October 2012 RSO purchased a $20.9 million equity interest in Whitney CLO I which represents 67% of the outstanding preference shares. The transaction gave RSO a controlling interest in the CLO.
	-11	The securitized borrowings are collateralized by the same assets as the Apidos CLO VIII Senior Notes and the Whitney CLO I Senior Notes, respectively.
Company's Asset Recorded at Fair Value on Recurring Basis	'
	The following table presents information about RSO’s assets (including derivatives that are presented net) measured at fair value on a recurring basis and indicates the fair value hierarchy of the valuation techniques utilized by RSO to determine such fair value as follows (in thousands):
		Level 1				Level 2				Level 3				Total
	December 31, 2012:
	Assets:
	Investment securities, trading	$	—			$	—			$	24,843			$	24,843
	Investment securities available-for-sale	9,757				132,561				89,272				231,590
	CMBS - Linked Transactions	—				4,802				2,033				6,835
	Total assets at fair value	$	9,757			$	137,363			$	116,148			$	263,268
	Liabilities:
	Derivatives (net)	—				610				14,077				14,687
	Total liabilities at fair value	$	—			$	610			$	14,077			$	14,687
	December 31, 2011:
	Assets:
	Investment securities, trading	$	—			$	—			$	38,673			$	38,673
	Investment securities available-for-sale	—				121,031				19,835				140,866
	CMBS - Linked Transactions	—				2,275				—				2,275
	Total assets at fair value	$	—			$	123,306			$	58,508			$	181,814
	Liabilities:
	Derivatives (net)	—				1,210				12,000				13,210
	Total liabilities at fair value	$	—			$	1,210			$	12,000			$	13,210
Additional Information about Assets Measured at Fair Value on Recurring Basis for which the Company Has Utilized Level 3 Inputs to Determine Fair Value	'
	The following table presents additional information about assets which are measured at fair value on a recurring basis for which RSO has utilized Level 3 inputs (in thousands):
		Level 3
	Beginning balance, January 1, 2011	$	43,380
	Total gains or losses (realized/unrealized):
	Included in earnings	2,948
	Purchases	38,887
	Sales	(18,181		)
	Paydowns	(3,212		)
	Transfers out of Level 3	(4,437		)
	Unrealized losses – included in accumulated other comprehensive income	(877		)
	Beginning balance, January 1, 2012	58,508
	Total gains or losses (realized/unrealized):
	Included in earnings	14,105
	Purchases	8,341
	Sales	(37,632		)
	Paydowns	(2,012		)
	Unrealized gains (losses) – included in accumulated other comprehensive income	8,457
	Transfers from level 2	66,381
	Ending balance, December 31, 2012	$	116,148
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	'
	The following table presents additional information about liabilities which are measured at fair value on a recurring basis for which RSO has utilized Level 3 inputs (in thousands):
		Level 3
	Beginning balance, January 1, 2011	$	10,929
	Unrealized losses – included in accumulated other comprehensive income	1,071
	Beginning balance, January 1, 2012	12,000
	Unrealized losses – included in accumulated other comprehensive income	2,077
	Ending balance, December 31, 2012	$	14,077
Changes in Carrying Value of Assets and Liabilities Measured at Fair Value on Non-recurring Basis	'
	The following table summarizes the financial assets and liabilities measured at fair value on a nonrecurring basis and indicates the fair value hierarchy of the valuation techniques utilized by RSO to determine such fair value as follows (in thousands):
		Level 1				Level 2				Level 3				Total
	December 31, 2012:
	Assets:
	Loans held for sale	$	—			$	14,894			$	34,000			$	48,894
	Impaired loans	—				4,366				21,000				25,366
	Total assets at fair value	$	—			$	19,260			$	55,000			$	74,260
	December 31, 2011:
	Assets:
	Loans held for sale	$	—			$	3,154			$	—			$	3,154
	Impaired loans	—				1,099				—				1,099
	Total assets at fair value	$	—			$	4,253			$	—			$	4,253
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques	'
	For Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis as of December 31, 2012, the significant unobservable inputs used in the fair value measurements were as follows (in thousands):
		Fair Value at				Valuation Technique		Significant		Significant
		31-Dec-12						Unobservable		Unobservable
								Inputs		Input Value
	Impaired loans	$	21,000			Discounted cash flow		Cap rate		10.00%
	Interest rate swap agreements	$	(14,687	)		Discounted cash flow		Weighted average credit spreads		4.98%
Fair Value of Financial Instruments	'
	The fair values of the Company’s remaining financial instruments that are not reported at fair value on the consolidated balance sheet are reported below (in thousands):
						Fair Value Measurements
		Carrying Amount				Fair Value				Quoted Prices in Active Markets for Identical Assets of Liabilities (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	December 31, 2012:
	Loans held-for-investment	$	1,793,780			$	1,848,617			$	—			$	1,186,642			$	661,975
	Loans receivable-related party	$	8,324			$	8,324			$	—			$	—			$	8,324
	CDO notes	$	1,614,883			$	1,405,124			$	—			$	1,405,124			$	—
	Junior subordinated notes	$	50,814			$	17,308			$	—			$	—			$	17,308
	December 31, 2011:
	Loans held-for-investment	$	1,772,063			$	1,755,541			$	—			$	1,142,638			$	612,903
	Loans receivable-related party	$	9,497			$	9,497			$	—			$	—			$	9,497
	CDO notes	$	1,689,413			$	1,034,060			$	—			$	1,034,060			$	—
	Junior subordinated notes	$	50,631			$	17,125			$	—			$	—			$	17,125
RSO [Member] | CMBS - Term Repurchase Facilities [Member]	'
Variable Interest Entity [Line Items]	'
Schedule of Amount at Risk under Credit Facility	'
	The following table shows information about the amount at risk under this facility (dollars in thousands):
		Amount				Weighted Average Maturity in Days		Weighted Average Interest Rate
		at Risk (1)
	December 31, 2012:
	Wells Fargo Bank, National Association.	$	10,722			18		1.53%
	December 31, 2011:
	Wells Fargo Bank, National Association.	$	8,461			18		1.54%
	-1	Equal to the estimated fair value of securities or loans sold, plus accrued interest income, minus the sum of repurchase agreement liabilities plus accrued interest expense.
	-2	$12.2 million and $14.9 million of linked repurchase agreement borrowings are being included as derivative instruments as of December 31, 2012 and 2011, respectively.
RSO [Member] | CRE - Term Repurchase Facility [Member]	'
Variable Interest Entity [Line Items]	'
Schedule of Amount at Risk under Credit Facility	'
		Amount at				Weighted Average Maturity in Days		Weighted Average Interest Rate
		Risk (1)
	December 31, 2012:
	Wells Fargo Bank, National Association.	$	26,332			18		2.88%
	-1	Equal to the estimated fair value of securities or loans sold, plus accrued interest income, minus the sum of repurchase agreement liabilities plus accrued interest expense.
RSO [Member] | Deutsche Bank Securities, Inc [Member] | Repurchase Agreements Debt [Member]	'
Variable Interest Entity [Line Items]	'
Schedule of Amount at Risk under Credit Facility	'
	The following table shows information about the amount at risk under this facility (dollars in thousands);
		Amount				Weighted Average Maturity in Days		Weighted Average Interest Rate
		at Risk (1)
	December 31, 2012:
	Deutsche Bank Securities, Inc.	$	2,069			7		1.46%
	-1	Equal to the estimated fair value of securities or loans sold, plus accrued interest income, minus the sum of repurchase agreement liabilities plus accrued interest expense.
RSO [Member] | Wells Fargo Securities, LLC [Member] | Repurchase Agreements Debt [Member]	'
Variable Interest Entity [Line Items]	'
Schedule of Amount at Risk under Credit Facility	'
	The following table shows information about the amount at risk under this facility (dollars in thousands);
		Amount				Weighted Average Maturity in Days		Weighted Average Interest Rate
		at Risk (1)
	December 31, 2012:
	Wells Fargo Securities, LLC	$	1,956			28		1.46	%
	-1	Equal to the estimated fair value of securities or loans sold, plus accrued interest income, minus the sum of repurchase agreement liabilities plus accrued interest expense.
	-2	$3.5 million of linked repurchase agreement borrowings are being included as derivative instruments as of December 31, 2012.
RSO [Member] | JP Morgan Securities, LLC [Member] | Repurchase Agreements Debt [Member]	'
Variable Interest Entity [Line Items]	'
Schedule of Amount at Risk under Credit Facility	'
	The following table shows information about the amount at risk under this facility (dollars in thousands);
		Amount				Weighted Average Maturity in Days		Weighted Average Interest Rate
		at Risk (1)
	December 31, 2012:
	JP Morgan Securities	$	2,544			11		1.01	%
	-1	Equal to the estimated fair value of securities or loans sold, plus accrued interest income, minus the sum of repurchase agreement liabilities plus accrued interest expense.
	-2	$4.7 million of linked repurchase agreement borrowings are being included as derivative instruments as of December 31, 2012.

NATURE_OF_OPERATIONS_Details

NATURE OF OPERATIONS (Details) (USD $)

12 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Nov. 16, 2011

Nov. 16, 2011

Nov. 16, 2011

Sep. 30, 2012

Nov. 16, 2011

Nov. 16, 2011

Nov. 16, 2011

Sep. 30, 2012

Nov. 16, 2011

Nov. 16, 2011

Sep. 30, 2012

Dec. 29, 2011

Nov. 16, 2011

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Nov. 16, 2011

Sep. 30, 2012

Entity

LEAF [Member]

LEAF Financial Corporation [Member]

Eos Partners, L.P. [Member]

Eos Partners, L.P. [Member]

Eos Partners, L.P. [Member]

LEAF [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

Resource America, Inc. [Member]

Resource America, Inc. [Member]

Resource America, Inc. [Member]

Resource America, Inc. [Member]

Resource America, Inc. [Member]

Resource America, Inc. [Member]

RFIG [Member]

LEAF Senior Management [Member]

Apidos [Member]

Series A Preferred Stock [Member]

Entity

LEAF [Member]

LEAF [Member]

LEAF [Member]

Series A Preferred Stock [Member]

Series B Preferred Stock [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

General Partner [Member]

CVC Credit Partners, L.P. [Member]

CVC Credit Partners, L.P. [Member]

Partnership

Partnership

Series A Preferred Stock [Member]

LEAF Common Stock [Member]

Series B Preferred Stock [Member]

Series B Preferred Stock [Member]

Series D Preferred Stock [Member]

Limited Partner [Member]

General Partner [Member]

Subsidiary or Equity Method Investee [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of entities owned by entity and co-managing partner

6

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of partnerships in which the company serves as general partner

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7

'

'

Number of entites managed by related parties

'

'

4

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of equipment leasing partnerships

'

'

4

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount invested in cash

'

'

'

$50,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Preferred stock shares issued (in shares)

'

'

'

50,000

'

'

'

31,341

'

'

'

4,872

2,364

'

'

'

'

'

'

'

'

'

Dividend rate of preferred stock (in hundredths)

'

12.00%

'

'

'

'

'

'

8.00%

'

8.00%

'

'

'

'

'

'

'

'

'

'

'

Number of shares of LEAF common stock that can be purchased with warrants issued (in shares)

'

'

'

'

'

2,954

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Exercise price of warrants (in dollars per share)

'

'

'

'

'

0.01

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fully diluted potential percentage of interest in LEAF from warrants (in hundredths)

14.90%

'

'

'

45.10%

'

'

'

'

26.70%

'

'

'

'

'

15.70%

'

'

'

'

10.00%

'

Number of common shares in LEAF retained by the entity (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

18,414

'

'

'

'

'

'

'

'

Gain on deconsolidation and sale of subsidiaries

63,291,000

'

'

'

'

'

8,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

54,500,000

Proceeds from sale of CLO management subsidiary

'

'

'

'

'

'

'

'

'

'

'

'

'

25,000,000

'

'

'

'

'

'

'

'

Percentage interest in limited partnership formed

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

33.00%

'

'

'

'

Company's general partnership interest in newly formed limited partnership (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

33.00%

'

'

'

Preferred equity interest retained as a percentage of incentive management fees (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

75.00%

'

'

'

'

'

Valuation of company's investment in Apidos

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$34,800,000

'

'

'

'

'

'

'

RESTATED_FINANCIALS_Narrative_

RESTATED FINANCIALS (Narrative) (Details) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Revenues

$39,374

$47,889

$35,811

$39,996

$42,430

$45,944

$43,276

$35,282

$25,238

$19,400

$25,422

$78,558

$44,822

$124,502

$70,060

$170,900

$166,932

$88,728

Other income, net

'

'

'

'

'

201

4,460

-3,215

2,859

3,955

3,247

1,245

7,202

1,446

10,061

-75,702

6,153

11,755

Net income (loss) attributable to common shareholders

-433

-2,267

30,211

-2,382

-3,591

-517

-8,953

-1,502

-5,315

-1,232

971

-10,455

-261

-10,972

-5,576

25,507

-14,563

-13,451

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17,246

10,661

5,209

Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

-3,632

-3,221

-4,036

'

'

'

-7,257

'

-10,889

'

-17,234

-15,070

'

Other income, net

'

'

'

'

'

578

5,002

572

'

'

'

5,574

'

6,152

'

1,947

6,669

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

-15,048

-13,906

-14,077

'

'

'

-27,983

'

-43,031

'

-2,250

-7,768

'

Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

21,987

26,150

22,638

'

'

'

48,788

'

70,775

'

123,698

95,986

'

Other income, net

'

'

'

'

'

-3,875

17

-11

'

'

'

6

'

-3,869

'

-19,197

-3,869

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

1,923

1,433

'

As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

27,589

20,347

16,680

'

'

'

37,027

'

64,616

'

64,436

86,016

'

Other income, net

'

'

'

'

'

3,498

-559

-3,776

'

'

'

-4,335

'

-837

'

-58,452

3,353

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

-411

-4,266

-567

'

'

'

-4,833

'

-5,244

'

25,834

-8,228

'

RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership percentage in VIE

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2.65%

3.24%

'

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

'

0

'

Provision for credit losses

'

'

'

'

'

'

'

2,405

'

'

776

5,124

1,986

8,600

3,414

17,246

11,460

5,209

RAI [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

-4,426

'

-4,426

'

'

-4,426

'

Provision for credit losses

'

'

'

'

'

'

'

799

'

'

'

799

'

799

'

0

799

'

RAI [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,847

1,433

'

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

'

0

'

Provision for credit losses

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

0

0

'

RAI [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

4,426

'

4,426

'

'

4,426

'

Provision for credit losses

'

'

'

'

'

'

'

1,606

'

'

'

4,325

'

7,801

'

17,246

10,661

'

RAI [Member] | Restatement Adjustments [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Adjustment to Net Income Due to Consolidation of Differring Periods

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,600

747

'

Revenues

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-385

295

'

RAI [Member] | Reportable Legal Entities [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

18,664

17,208

13,784

14,780

21,400

27,589

20,347

16,680

25,238

19,400

25,422

37,027

44,822

64,616

70,060

64,436

86,016

88,728

Other income, net

'

'

'

'

'

4,110

4,479

-3,165

2,859

3,955

3,247

1,314

7,202

5,424

10,061

'

'

'

Provision for credit losses

'

'

'

'

'

3,476

2,719

1,606

1,428

1,210

776

4,325

1,986

7,801

3,414

17,246

10,661

5,209

RAI [Member] | Reportable Legal Entities [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Other income, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,174

2,455

'

Provision for credit losses

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

RAI [Member] | Reportable Legal Entities [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Provision for credit losses

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

RAI [Member] | Reportable Legal Entities [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

27,589

20,347

16,680

'

'

'

37,027

'

64,616

'

64,436

86,016

'

Provision for credit losses

'

'

'

'

'

3,476

2,719

1,606

'

'

'

4,325

'

7,801

'

17,246

10,661

'

RSO [Member] | Restatement Adjustments [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Preferred Stock Dividends and Interest Income from Related Party

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-502

502

'

Management Fees Related Party

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

211

-214

'

Incentive Management Fees Related Party

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,200

452

'

RSO [Member] | Reportable Legal Entities [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

25,211

35,669

26,262

28,726

25,211

21,987

26,150

22,638

0

0

0

48,788

0

70,775

0

123,698

95,986

0

Other income, net

'

'

'

'

'

-3,875

17

-11

0

0

0

6

0

-3,869

0

-19,197

-3,869

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

RSO [Member] | Reportable Legal Entities [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

'

0

0

'

'

'

0

'

'

'

'

0

'

Other income, net

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

'

'

'

RSO [Member] | Reportable Legal Entities [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

21,987

26,150

22,638

'

'

'

48,788

'

70,775

'

123,698

95,986

'

Other income, net

'

'

'

'

'

-3,875

17

-11

'

'

'

6

'

-3,869

'

-19,197

-3,869

'

RSO [Member] | Reportable Legal Entities [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Other income, net

'

'

'

'

'

$0

$0

$0

'

'

'

$0

'

$0

'

$0

$0

'

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Principles of Consolidation) (Details) (RSO [Member])	Sep. 30, 2012	Sep. 30, 2011
	Entity	Entity
RSO [Member]	'	'
Variable Interest Entity [Line Items]	'	'
Number of variable interest entities, consolidated	1	1

RESTATED_FINANCIALS_Consolidat

RESTATED FINANCIALS (Consolidated Balance Sheet) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Sep. 30, 2010	Jun. 30, 2010	Mar. 31, 2010	Dec. 31, 2009	Sep. 30, 2009
In Thousands, unless otherwise specified
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	$19,393	$24,455	$28,553	$16,495	$14,530	$11,243	$9,164	$7,324	$8,409	$26,197
Restricted cash	'	20,257	'	'	'	'	'	'	'	'
Receivables from managed entities and related parties, net	34,418	52,117	'	'	'	'	'	'	'	'
Investments in commercial finance, net	'	192,012	'	'	0	'	'	'	'	'
Investments in real estate, net	19,149	19,942	'	'	'	'	'	'	'	'
Marketable Securities	7,030	2,732	'	'	'	'	'	'	'	'
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances	12,993	12,710	'	'	'	'	'	'	'	'
Total assets of consolidated VIE - RSO	727	944	'	'	'	'	'	'	'	'
Property and equipment, net	2,732	6,998	'	'	'	'	'	'	'	'
Total assets	2,644,263	2,636,985	2,499,477	2,289,368	2,143,064	234,253	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Due to Related Parties	4,349	1,010	'	'	'	'	'	'	'	'
Borrowings	21,343	214,054	'	'	'	'	'	'	'	'
Total liabilities	1,907,007	2,108,287	1,962,603	1,751,483	1,603,461	'	'	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	0	0	0	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	294	281	281	281	274	'	'	'	'	'
Additional paid-in capital	285,844	281,686	281,372	280,906	282,062	'	'	'	'	'
Accumulated deficit	-25,857	-49,054	-44,892	-43,805	-34,298	'	'	'	'	'
Treasury Stock, Value	-102,457	-98,954	-98,874	-99,085	-99,245	'	'	'	'	'
Accumulated other comprehensive loss	-2,226	-2,369	-1,709	-1,653	-1,773	-2,599	'	'	'	'
Stockholders' Equity Attributable to Parent	155,598	131,590	136,178	136,644	147,020	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	737,256	528,698	536,874	537,885	539,603	461,193	'	'	'	140,141
Liabilities and Equity	2,644,263	2,636,985	2,499,477	2,289,368	2,143,064	'	'	'	'	'
As Previously Reported [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	19,393	24,455	28,553	16,495	14,530	11,243	'	'	'	'
Total assets	196,743	422,506	393,205	374,404	233,174	234,253	234,253	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Total liabilities	50,442	264,778	'	'	102,664	105,169	105,169	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	'	'	0	0	0	0	0	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	'	'	281	281	274	274	274	'	'	'
Additional paid-in capital	'	'	281,372	280,906	282,062	281,378	281,378	'	'	'
Accumulated deficit	'	'	-44,477	-43,496	-38,676	-37,558	-37,558	'	'	'
Treasury Stock, Value	'	'	-98,874	-99,085	-99,245	-99,330	-99,330	'	'	'
Accumulated other comprehensive loss	'	'	-11,940	-11,504	-10,431	-12,807	-12,807	'	'	'
Stockholders' Equity Attributable to Parent	'	'	126,362	127,102	133,984	131,957	131,957	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	'	'	163,212	158,644	130,510	129,084	129,084	'	'	'
Liabilities and Equity	'	'	393,205	374,404	233,174	234,253	234,253	'	'	'
Restatement Adjustments - RSO [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	0	0	0	0	0	0	'	'	'	'
Total assets	2,478,251	2,284,724	2,170,242	1,972,634	1,937,635	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Total liabilities	1,864,906	1,855,034	'	'	1,510,432	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	'	'	0	0	0	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	'	'	0	0	0	'	'	'	'	'
Additional paid-in capital	'	'	0	0	0	'	'	'	'	'
Accumulated deficit	'	'	0	0	0	'	'	'	'	'
Treasury Stock, Value	'	'	0	0	0	'	'	'	'	'
Accumulated other comprehensive loss	'	'	0	0	0	'	'	'	'	'
Stockholders' Equity Attributable to Parent	'	'	0	0	0	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	'	'	433,264	433,380	427,203	'	'	'	'	'
Liabilities and Equity	'	'	2,170,242	1,972,634	1,937,635	'	'	'	'	'
Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	0	0	0	0	0	0	'	'	'	'
Total assets	-30,731	-70,245	-63,970	-57,670	-27,745	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Total liabilities	-8,341	-11,525	'	'	-9,635	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	'	'	0	0	0	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	'	'	0	0	0	'	'	'	'	'
Additional paid-in capital	'	'	0	0	0	'	'	'	'	'
Accumulated deficit	'	'	-415	-309	4,378	'	'	'	'	'
Treasury Stock, Value	'	'	0	0	0	'	'	'	'	'
Accumulated other comprehensive loss	'	'	10,231	9,851	8,658	'	'	'	'	'
Stockholders' Equity Attributable to Parent	'	'	9,816	9,542	13,036	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	'	'	-59,602	-54,139	-18,110	'	'	'	'	'
Liabilities and Equity	'	'	-63,970	-57,670	-27,745	'	'	'	'	'
RAI [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	19,393	24,455	28,553	16,495	14,530	'	'	'	'	'
Restricted cash	642	20,257	17,767	21,446	5,401	'	'	'	'	'
Receivables	3,554	1,981	1,115	1,138	622	'	'	'	'	'
Receivables from managed entities and related parties, net	34,418	52,117	54,485	57,833	60,401	'	'	'	'	'
Investments in commercial finance, net	0	192,012	164,977	145,961	22,286	'	'	'	'	'
Investments in real estate, net	19,149	19,942	18,307	28,555	28,502	'	'	'	'	'
Marketable Securities	7,030	2,732	3,159	3,332	3,678	'	'	'	'	'
Investments in unconsolidated loan manager (see Notes 1 and 9)	36,356	0	12,256	12,861	'	'	'	'	'	'
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances	12,993	12,710	12,256	12,861	14,387	'	'	'	'	'
Property and equipment, net	2,732	6,998	7,104	7,304	8,324	'	'	'	'	'
Deferred tax assets, net	27,770	43,915	39,784	39,989	36,625	'	'	'	'	'
Goodwill	0	7,969	7,969	7,969	7,969	'	'	'	'	'
Other assets	3,776	14,662	13,386	7,594	5,411	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Accrued expenses and other liabilities	23,042	40,887	39,545	34,409	30,348	'	'	'	'	'
Due to Related Parties	4,349	1,010	0	136	184	'	'	'	'	'
Borrowings	21,343	214,054	188,128	178,938	63,701	'	'	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	'	'	'	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	294	281	'	'	'	'	'	'	'	'
Additional paid-in capital	285,844	281,686	'	'	'	'	'	'	'	'
Accumulated deficit	-25,857	-49,054	'	'	'	'	'	'	'	'
Treasury Stock, Value	-102,457	-98,954	'	'	'	'	'	'	'	'
Accumulated other comprehensive loss	-2,226	-2,369	'	'	'	'	'	'	'	'
Stockholders' Equity Attributable to Parent	155,598	131,590	'	'	'	'	'	'	'	'
Noncontrolling interests	208	-1,269	-870	-335	-3,474	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	737,256	528,698	'	'	'	'	'	'	'	'
Liabilities and Equity	2,644,263	2,636,985	'	'	'	'	'	'	'	'
RAI [Member] | As Previously Reported [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	19,393	24,455	28,553	16,495	14,530	11,243	11,243	'	'	'
Restricted cash	642	20,257	17,767	21,446	5,401	12,018	12,018	'	'	'
Receivables	3,554	1,981	1,115	1,138	622	1,671	1,671	'	'	'
Receivables from managed entities and related parties, net	41,051	54,815	56,946	59,498	62,016	66,416	66,416	'	'	'
Investments in commercial finance, net	'	192,012	164,977	145,961	'	12,176	12,176	'	'	'
Investments in real estate, net	19,149	19,942	17,331	27,547	27,462	27,114	27,114	'	'	'
Marketable Securities	22,532	15,124	18,635	19,469	21,716	22,358	22,358	'	'	'
Investments in unconsolidated loan manager (see Notes 1 and 9)	36,356	'	12,256	12,861	'	'	'	'	'	'
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances	12,993	12,710	'	'	14,387	13,825	13,825	'	'	'
Property and equipment, net	2,732	6,998	8,080	8,312	9,364	9,984	9,984	'	'	'
Deferred tax assets, net	34,565	51,581	46,190	46,114	42,010	43,703	43,703	'	'	'
Goodwill	'	7,969	7,969	7,969	7,969	7,969	7,969	'	'	'
Other assets	3,776	14,662	13,386	7,594	5,411	5,776	5,776	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Accrued expenses and other liabilities	23,042	40,887	39,545	34,409	35,661	38,492	38,492	'	'	'
Due to Related Parties	4,380	1,232	204	297	952	156	156	'	'	'
Borrowings	23,020	222,659	189,833	180,643	65,640	66,110	66,110	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	'	'	'	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	294	281	'	'	'	'	'	'	'	'
Additional paid-in capital	285,844	281,686	'	'	'	'	'	'	'	'
Accumulated deficit	-24,508	-48,032	'	'	'	'	'	'	'	'
Treasury Stock, Value	-102,457	-98,954	'	'	'	'	'	'	'	'
Accumulated other comprehensive loss	-13,080	-14,613	'	'	'	'	'	'	'	'
Stockholders' Equity Attributable to Parent	146,093	120,368	'	'	'	'	'	'	'	'
Noncontrolling interests	208	37,360	36,850	31,542	-3,474	-2,873	-2,873	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	146,301	157,728	'	'	'	'	'	'	'	'
Liabilities and Equity	196,743	422,506	'	'	'	'	'	'	'	'
RAI [Member] | Restatement Adjustments - RSO [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	0	0	0	0	0	'	'	'	'	'
Restricted cash	0	0	0	0	0	'	'	'	'	'
Receivables	0	0	0	0	0	'	'	'	'	'
Receivables from managed entities and related parties, net	0	0	0	0	0	'	'	'	'	'
Investments in commercial finance, net	'	0	0	0	'	'	'	'	'	'
Investments in real estate, net	0	0	0	0	0	'	'	'	'	'
Marketable Securities	0	0	0	0	0	'	'	'	'	'
Investments in unconsolidated loan manager (see Notes 1 and 9)	0	'	0	0	'	'	'	'	'	'
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances	0	0	'	'	0	'	'	'	'	'
Property and equipment, net	0	0	0	0	0	'	'	'	'	'
Deferred tax assets, net	0	0	0	0	0	'	'	'	'	'
Goodwill	'	0	0	0	0	'	'	'	'	'
Other assets	0	0	0	0	0	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Accrued expenses and other liabilities	0	0	0	0	0	'	'	'	'	'
Due to Related Parties	0	0	0	0	0	'	'	'	'	'
Borrowings	0	0	0	0	0	'	'	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	'	'	'	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	0	0	'	'	'	'	'	'	'	'
Additional paid-in capital	0	0	'	'	'	'	'	'	'	'
Accumulated deficit	0	0	'	'	'	'	'	'	'	'
Treasury Stock, Value	0	0	'	'	'	'	'	'	'	'
Accumulated other comprehensive loss	0	0	'	'	'	'	'	'	'	'
Stockholders' Equity Attributable to Parent	0	0	'	'	'	'	'	'	'	'
Noncontrolling interests	0	0	0	0	0	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	613,345	429,690	'	'	'	'	'	'	'	'
Liabilities and Equity	2,478,251	2,284,724	'	'	'	'	'	'	'	'
RAI [Member] | Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	0	0	0	0	0	'	'	'	'	'
Restricted cash	0	0	0	0	0	'	'	'	'	'
Receivables	0	0	0	0	0	'	'	'	'	'
Receivables from managed entities and related parties, net	-6,633	-2,698	-2,461	-1,665	-1,615	'	'	'	'	'
Investments in commercial finance, net	'	0	0	0	'	'	'	'	'	'
Investments in real estate, net	'	0	976	1,008	1,040	'	'	'	'	'
Marketable Securities	-15,502	-12,392	-15,476	-16,137	-18,038	'	'	'	'	'
Investments in unconsolidated loan manager (see Notes 1 and 9)	'	'	0	0	'	'	'	'	'	'
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances	'	0	'	'	0	'	'	'	'	'
Property and equipment, net	0	0	-976	-1,008	-1,040	'	'	'	'	'
Deferred tax assets, net	-6,795	-7,666	-6,406	-6,125	-5,385	'	'	'	'	'
Goodwill	'	0	0	0	0	'	'	'	'	'
Other assets	'	0	0	0	0	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Accrued expenses and other liabilities	0	0	0	0	-5,313	'	'	'	'	'
Due to Related Parties	-31	-222	-204	-161	-768	'	'	'	'	'
Borrowings	-1,677	-8,605	-1,705	-1,705	-1,939	'	'	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	'	'	'	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	0	0	'	'	'	'	'	'	'	'
Additional paid-in capital	0	0	'	'	'	'	'	'	'	'
Accumulated deficit	-1,349	-1,022	'	'	'	'	'	'	'	'
Treasury Stock, Value	0	0	'	'	'	'	'	'	'	'
Accumulated other comprehensive loss	10,854	12,244	'	'	'	'	'	'	'	'
Stockholders' Equity Attributable to Parent	9,505	11,222	'	'	'	'	'	'	'	'
Noncontrolling interests	0	-38,629	-37,720	-31,877	0	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	-22,390	-58,720	'	'	'	'	'	'	'	'
Liabilities and Equity	-30,731	-70,245	'	'	'	'	'	'	'	'
RSO [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Marketable Securities	256,433	179,539	175,375	158,927	182,778	'	'	'	'	'
Cash, Cash Equivalents, and Short-term Investments	179,390	185,922	177,412	235,795	221,138	'	'	'	'	'
Loans Receivable, Net	1,849,321	1,776,109	1,682,252	1,465,053	1,486,549	'	'	'	'	'
Real Estate Investments, Net	120,706	60,056	59,295	42,480	11,233	'	'	'	'	'
Other Assets	70,600	35,609	36,281	36,636	33,230	'	'	'	'	'
Total assets of consolidated VIE - RSO	2,476,450	2,237,235	2,130,615	1,938,891	1,934,928	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Borrowings	1,785,600	1,794,083	1,549,674	1,473,202	1,463,701	'	'	'	'	'
Other liabilities	72,673	58,253	184,845	64,387	45,116	'	'	'	'	'
Total liabilities	'	'	1,734,519	1,537,589	1,508,817	'	'	'	'	'
Noncontrolling interests	581,450	398,377	401,566	401,576	396,057	'	'	'	'	'
RSO [Member] | As Previously Reported [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Marketable Securities	0	0	0	0	0	0	0	'	'	'
Cash, Cash Equivalents, and Short-term Investments	0	0	0	0	0	0	0	'	'	'
Loans Receivable, Net	0	0	0	0	0	0	0	'	'	'
Real Estate Investments, Net	0	0	0	0	0	0	0	'	'	'
Other Assets	0	0	0	0	0	0	0	'	'	'
Total assets of consolidated VIE - RSO	0	0	0	0	0	0	0	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Borrowings	0	0	0	0	0	0	0	'	'	'
Other liabilities	0	0	0	0	0	0	0	'	'	'
Total liabilities	'	'	'	'	0	0	0	'	'	'
Noncontrolling interests	0	0	0	0	0	0	0	'	'	'
RSO [Member] | Restatement Adjustments - RSO [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Marketable Securities	256,433	179,539	211,649	190,069	182,778	'	'	'	'	'
Cash, Cash Equivalents, and Short-term Investments	179,390	185,922	177,412	235,795	221,138	'	'	'	'	'
Loans Receivable, Net	1,850,998	1,784,714	1,683,957	1,466,758	1,488,488	'	'	'	'	'
Real Estate Investments, Net	120,799	98,906	59,295	42,480	11,233	'	'	'	'	'
Other Assets	70,631	35,643	37,929	37,532	33,998	'	'	'	'	'
Total assets of consolidated VIE - RSO	2,478,251	2,284,724	2,170,242	1,972,634	1,937,635	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Borrowings	1,785,600	1,794,083	1,549,674	1,473,202	1,463,701	'	'	'	'	'
Other liabilities	79,306	60,951	187,304	66,052	46,731	'	'	'	'	'
Total liabilities	'	'	'	'	1,510,432	'	'	'	'	'
Noncontrolling interests	613,345	429,690	433,264	433,380	427,203	'	'	'	'	'
RSO [Member] | Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Marketable Securities	0	0	-36,274	-31,142	0	'	'	'	'	'
Cash, Cash Equivalents, and Short-term Investments	0	0	0	0	0	'	'	'	'	'
Loans Receivable, Net	-1,677	-8,605	-1,705	-1,705	-1,939	'	'	'	'	'
Real Estate Investments, Net	-93	-38,850	0	0	0	'	'	'	'	'
Other Assets	-31	-34	-1,648	-896	-768	'	'	'	'	'
Total assets of consolidated VIE - RSO	-1,801	-47,489	-39,627	-33,743	-2,707	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Borrowings	0	0	0	0	0	'	'	'	'	'
Other liabilities	-6,633	-2,698	-2,459	-1,665	-1,615	'	'	'	'	'
Total liabilities	'	'	'	'	-1,615	'	'	'	'	'
Noncontrolling interests	($31,895)	($31,313)	($31,698)	($31,804)	($31,146)	'	'	'	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Reclassification and Revisions) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Property, Plant and Equipment [Line Items]	'	'
Real Estate Investment Property, Net	$19,149	$19,942
Real Estate Assets - Consolidated VIE [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Real Estate Investment Property, Net	$727	$944

RESTATED_FINANCIALS_Consolidat1

RESTATED FINANCIALS (Consolidated Statements of Operations) (Details) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

$39,374

$47,889

$35,811

$39,996

$42,430

$45,944

$43,276

$35,282

$25,238

$19,400

$25,422

$78,558

$44,822

$124,502

$70,060

$170,900

$166,932

$88,728

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

365

'

'

General and administrative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,460

11,522

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-37

-659

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,280

'

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17,246

10,661

5,209

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,653

10,739

'

Costs and Expenses

'

'

'

'

'

30,874

37,380

26,878

30,372

21,276

21,002

64,258

42,278

95,132

72,650

130,626

131,539

96,920

OPERATING INCOME (LOSS)

3,985

16,238

5,810

13,478

6,023

15,070

5,896

8,404

-5,134

-1,876

4,420

14,300

2,544

29,370

-2,590

40,274

35,393

-8,192

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,520

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,291

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63

-1,198

'

Interest Expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-4,741

-15,343

'

Other income (expense), net

'

'

'

'

'

-201

-4,460

3,215

-2,859

-3,955

-3,247

-1,245

-7,202

-1,446

-10,061

75,702

-6,153

-11,755

Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest

'

'

'

'

'

14,869

1,436

11,619

-7,993

-5,831

1,173

13,055

-4,658

27,924

-12,651

115,976

29,240

-19,947

Income tax provision (benefit) - RAI

'

'

'

'

'

1,440

-119

1,167

'

'

'

1,048

'

2,488

'

28,114

7,429

'

Income (loss) from continuing operations

-239

15,622

46,215

11,625

-3,625

13,429

1,555

10,452

-6,589

-1,845

'

12,007

-1,257

25,436

-7,846

87,862

21,811

-17,297

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

-23

-2,153

'

-1

-2

'

-2,153

-2

-2,176

-3

-58

-2,202

622

Net income (loss)

-259

15,614

46,201

11,609

-3,651

13,406

-598

10,452

-6,590

-1,847

588

9,854

-1,259

23,260

-7,849

87,804

19,609

-16,675

Net loss attributable to noncontrolling interests

'

'

'

'

'

513

513

625

1,275

615

'

1,138

998

1,651

2,273

223

2,111

'

Net income (loss) attributable to common shareholders

-433

-2,267

30,211

-2,382

-3,591

-517

-8,953

-1,502

-5,315

-1,232

971

-10,455

-261

-10,972

-5,576

25,507

-14,563

-13,451

As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

27,589

20,347

16,680

'

'

'

37,027

'

64,616

'

64,436

86,016

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

23,825

24,026

22,290

'

'

'

46,316

'

70,141

'

83,136

92,497

'

OPERATING INCOME (LOSS)

'

'

'

'

'

3,764

-3,679

-5,610

'

'

'

-9,289

'

-5,525

'

-18,700

-6,481

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

-3,498

559

3,776

'

'

'

4,335

'

837

'

58,452

-3,353

'

Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest

'

'

'

'

'

266

-3,120

-1,834

'

'

'

-4,954

'

-4,688

'

39,752

-9,834

'

Income tax provision (benefit) - RAI

'

'

'

'

'

151

-1,290

-642

'

'

'

-1,932

'

-1,781

'

13,512

-4,607

'

Income (loss) from continuing operations

'

'

'

'

'

115

-1,830

-1,192

'

'

'

-3,022

'

-2,907

'

26,240

-5,227

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

-23

-2,153

'

'

'

'

-2,153

'

-2,176

'

-58

-2,202

'

Net income (loss)

'

'

'

'

'

92

-3,983

-1,192

'

'

'

-5,175

'

-5,083

'

26,182

-7,429

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

-503

'

625

'

'

'

'

'

-161

'

-348

-799

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

-411

-4,266

-567

'

'

'

-4,833

'

-5,244

'

25,834

-8,228

'

Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

21,987

26,150

22,638

'

'

'

48,788

'

70,775

'

123,698

95,986

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

10,920

16,914

9,507

'

'

'

26,421

'

37,341

'

78,452

62,139

'

OPERATING INCOME (LOSS)

'

'

'

'

'

11,067

9,236

13,131

'

'

'

22,367

'

33,434

'

45,246

33,847

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

3,875

-17

11

'

'

'

-6

'

3,869

'

19,197

3,869

'

Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

64,443

37,716

'

Income tax provision (benefit) - RAI

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Income (loss) from continuing operations

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

64,443

37,716

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

0

0

'

'

'

'

0

'

0

'

0

0

'

Net income (loss)

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

64,443

37,716

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

0

'

0

'

'

'

'

'

0

'

0

'

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

1,923

1,433

'

Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

-3,632

-3,221

-4,036

'

'

'

-7,257

'

-10,889

'

-17,234

-15,070

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

-3,871

-3,560

-4,919

'

'

'

-8,479

'

-12,350

'

-30,962

-23,097

'

OPERATING INCOME (LOSS)

'

'

'

'

'

239

339

883

'

'

'

1,222

'

1,461

'

13,728

8,027

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

-578

-5,002

-572

'

'

'

-5,574

'

-6,152

'

-1,947

-6,669

'

Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest

'

'

'

'

'

-339

-4,663

311

'

'

'

-4,352

'

-4,691

'

11,781

1,358

'

Income tax provision (benefit) - RAI

'

'

'

'

'

1,289

1,171

1,809

'

'

'

2,980

'

4,269

'

14,602

12,036

'

Income (loss) from continuing operations

'

'

'

'

'

-1,628

-5,834

-1,498

'

'

'

-7,332

'

-8,960

'

-2,821

-10,678

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

0

0

'

'

'

'

0

'

0

'

0

0

'

Net income (loss)

'

'

'

'

'

-1,628

-5,834

-1,498

'

'

'

-7,332

'

-8,960

'

-2,821

-10,678

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

1,016

'

0

'

'

'

'

'

1,812

'

571

2,910

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

-15,048

-13,906

-14,077

'

'

'

-27,983

'

-43,031

'

-2,250

-7,768

'

RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

-11

'

'

582

-263

551

-357

7,705

-37

-659

8,097

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

0

297

0

364

2,280

0

2,828

Provision for credit losses

'

'

'

'

'

'

'

2,405

'

'

776

5,124

1,986

8,600

3,414

17,246

11,460

5,209

Gain on sale of management contract

'

'

'

'

'

'

'

6,520

'

'

0

6,520

0

6,520

0

0

6,520

0

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,291

0

0

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190

0

0

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

0

-809

Income tax provision (benefit) - RAI

'

'

'

'

'

151

-1,290

-642

-1,404

-3,986

585

-1,932

-3,401

-1,781

-4,805

13,512

-4,607

-2,650

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

'

'

'

'

'

-2,153

-2

-2,176

-3

-58

-2,202

622

Net loss attributable to noncontrolling interests

193

36

-45

39

460

513

513

625

'

'

383

1,138

'

'

'

223

2,111

3,224

RAI [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

-11

'

'

'

-263

'

-357

'

-37

-659

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,280

'

'

Provision for credit losses

'

'

'

'

'

'

'

1,606

'

'

'

4,325

'

7,801

'

17,246

10,661

'

Gain on sale of management contract

'

'

'

'

'

'

'

6,520

'

'

'

6,520

'

6,520

'

'

6,520

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,291

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

'

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

'

'

'

'

'

-2,153

'

-2,176

'

-58

-2,202

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

-283

'

'

'

'

342

'

'

'

'

'

'

RAI [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

0

0

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Provision for credit losses

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

0

0

'

Gain on sale of management contract

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

'

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

0

0

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

0

'

'

'

'

0

'

'

'

'

'

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,847

1,433

'

RAI [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

0

0

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Provision for credit losses

'

'

'

'

'

'

'

799

'

'

'

799

'

799

'

0

799

'

Gain on sale of management contract

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

'

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

0

0

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

796

'

'

'

'

796

'

'

'

'

'

'

RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,667,000

6,968,000

'

Financial fund management

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,424,000

5,536,000

'

Commercial finance

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

144,000

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income tax provision (benefit) - RAI

'

'

'

'

'

1,289

1,171

1,809

0

0

0

2,980

0

4,269

0

14,602

12,036

0

Net loss attributable to noncontrolling interests

-367

-17,917

-15,945

-14,030

-400

-14,436

-8,868

-12,579

0

0

0

-21,447

0

-35,883

0

-62,520

-36,283

0

RSO [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

'

0

'

RSO [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

'

-36,283

'

RSO [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

-14,436

-8,868

-12,579

'

'

'

-21,447

'

-35,883

'

'

0

'

Reportable Legal Entities [Member] | RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

15,873

6,258

6,874

11,162

5,770

6,947

13,132

12,717

29,005

23,879

40,595

38,380

31,911

Financial fund management

'

'

'

'

'

5,252

7,612

8,330

8,484

6,221

9,652

15,942

15,873

21,194

24,357

21,957

25,841

33,140

Commercial finance

'

'

'

'

'

6,464

6,477

1,476

5,592

7,409

8,823

7,953

16,232

14,417

21,824

1,884

21,795

23,677

Total revenues

18,664

17,208

13,784

14,780

21,400

27,589

20,347

16,680

25,238

19,400

25,422

37,027

44,822

64,616

70,060

64,436

86,016

88,728

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

6,727

6,088

5,461

5,856

5,516

4,727

11,549

10,243

18,276

16,099

29,669

24,465

20,780

Cost Of Financial Fund Management

'

'

'

'

'

4,234

5,960

6,720

6,471

4,700

4,704

12,680

9,404

16,914

15,875

17,086

20,562

21,028

Cost Of Commercial Finance

'

'

'

'

'

3,709

3,693

4,273

4,512

4,731

4,575

7,966

9,306

11,675

13,818

2,414

15,207

18,164

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

365

0

0

General and administrative

'

'

'

'

'

2,614

2,897

3,116

2,946

2,768

3,432

6,013

6,200

8,627

9,146

10,460

11,522

12,972

Gain on sale of leases and loans

'

'

'

'

'

-94

-252

-11

7,154

-31

582

-263

551

-357

7,705

-37

-659

8,097

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,280

0

2,828

Provision for credit losses

'

'

'

'

'

3,476

2,719

1,606

1,428

1,210

776

4,325

1,986

7,801

3,414

17,246

10,661

5,209

Depreciation and amortization

'

'

'

'

'

3,159

2,921

1,125

2,005

2,382

2,206

4,046

4,588

7,205

6,593

3,653

10,739

7,842

Costs and Expenses

'

'

'

'

'

23,825

24,026

22,290

30,372

21,276

21,002

46,316

42,278

70,141

72,650

83,136

92,497

96,920

Gain on sale of management contract

'

'

'

'

'

0

0

6,520

0

0

0

6,520

0

6,520

0

0

6,520

0

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

'

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,291

0

0

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190

0

0

Other-than-temporary impairment on investments

'

'

'

'

'

0

0

'

-67

-297

'

0

-297

0

-364

-74

0

-809

(Loss) gain on sale of investment securities, net

'

'

'

'

'

82

97

-1,461

-27

-424

0

-1,364

-424

-1,282

-451

63

-1,198

-451

Interest Expense

'

'

'

'

'

-4,276

-4,167

-2,369

-3,504

-3,871

-3,817

-6,536

-7,688

-10,812

-11,192

-4,741

-15,343

-13,086

Other income (expense), net

'

'

'

'

'

-4,110

-4,479

3,165

-2,859

-3,955

-3,247

-1,314

-7,202

-5,424

-10,061

'

'

'

Reportable Legal Entities [Member] | RAI [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

15,873

6,258

6,874

'

'

'

13,132

'

29,005

'

40,595

38,380

'

Financial fund management

'

'

'

'

'

5,252

7,612

8,330

'

'

'

15,942

'

21,194

'

21,957

25,841

'

Commercial finance

'

'

'

'

'

6,464

6,477

1,476

'

'

'

7,953

'

14,417

'

1,884

21,795

'

Total revenues

'

'

'

'

'

27,589

20,347

16,680

'

'

'

37,027

'

64,616

'

64,436

86,016

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

6,727

6,088

5,461

'

'

'

11,549

'

18,276

'

29,669

24,465

'

Cost Of Financial Fund Management

'

'

'

'

'

4,234

5,960

6,720

'

'

'

12,680

'

16,914

'

17,086

20,562

'

Cost Of Commercial Finance

'

'

'

'

'

3,709

3,693

4,273

'

'

'

7,966

'

11,675

'

2,414

15,207

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

365

'

'

General and administrative

'

'

'

'

'

2,614

2,897

3,116

'

'

'

6,013

'

8,627

'

10,460

11,522

'

Gain on sale of leases and loans

'

'

'

'

'

-94

-252

-11

'

'

'

-263

'

-357

'

-37

-659

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,280

'

'

Provision for credit losses

'

'

'

'

'

3,476

2,719

1,606

'

'

'

4,325

'

7,801

'

17,246

10,661

'

Depreciation and amortization

'

'

'

'

'

3,159

2,921

1,125

'

'

'

4,046

'

7,205

'

3,653

10,739

'

Costs and Expenses

'

'

'

'

'

23,825

24,026

22,290

'

'

'

46,316

'

70,141

'

83,136

92,497

'

Gain on sale of management contract

'

'

'

'

'

'

4,426

6,520

'

'

'

6,520

'

6,520

'

'

6,520

'

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

4,426

'

4,426

'

'

4,426

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,291

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

82

97

-1,461

'

'

'

-1,364

'

-1,282

'

63

-1,198

'

Interest Expense

'

'

'

'

'

-4,276

-4,167

-2,369

'

'

'

-6,536

'

-10,812

'

-4,741

-15,343

'

Reportable Legal Entities [Member] | RAI [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Financial fund management

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Commercial finance

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Total revenues

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Cost Of Financial Fund Management

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Cost Of Commercial Finance

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Gain on sale of leases and loans

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Provision for credit losses

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Depreciation and amortization

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Gain on sale of management contract

'

'

'

'

'

'

0

0

'

'

'

0

'

0

'

'

0

'

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

'

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Interest Expense

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Reportable Legal Entities [Member] | RAI [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Financial fund management

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Commercial finance

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Total revenues

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Cost Of Financial Fund Management

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Cost Of Commercial Finance

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Gain on sale of leases and loans

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Provision for credit losses

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Depreciation and amortization

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses

'

'

'

'

'

0

'

0

'

'

'

0

'

0

'

0

0

'

Gain on sale of management contract

'

'

'

'

'

'

-4,426

0

'

'

'

0

'

0

'

'

0

'

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

-4,426

'

-4,426

'

'

-4,426

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Interest Expense

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Other income (expense), net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,174

-2,455

'

Reportable Legal Entities [Member] | RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

2,085

1,202

1,363

2,945

880

1,793

2,565

2,673

4,650

5,618

'

'

'

Financial fund management

'

'

'

'

'

721

1,535

2,402

1,257

267

672

3,937

939

4,658

2,197

'

'

'

Commercial finance

'

'

'

'

'

0

'

144

139

'

24

'

'

144

287

'

'

'

Total revenues

25,211

35,669

26,262

28,726

25,211

21,987

26,150

22,638

0

0

0

48,788

0

70,775

0

123,698

95,986

0

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Costs and Expenses

'

'

'

'

'

9,631

15,743

7,698

0

0

0

23,441

0

33,072

0

63,850

50,103

0

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Interest Expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other income (expense), net

'

'

'

'

'

3,875

-17

11

0

0

0

-6

0

3,869

0

19,197

3,869

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-62,520

'

'

Reportable Legal Entities [Member] | RSO [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Reportable Legal Entities [Member] | RSO [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

21,987

26,150

22,638

'

'

'

48,788

'

70,775

'

123,698

95,986

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

10,920

16,914

9,507

'

'

'

26,421

'

37,341

'

78,452

62,139

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

3,875

-17

11

'

'

'

-6

'

3,869

'

19,197

3,869

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-62,520

'

'

Reportable Legal Entities [Member] | RSO [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

0

0

'

'

'

0

'

'

'

'

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

-1,289

-1,171

-1,809

'

'

'

-2,980

'

-4,269

'

-14,602

-12,036

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

'

'

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Consolidation, Eliminations [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

-4,501

-4,988

-4,235

-3,510

-4,181

-3,632

-3,221

-4,036

0

0

0

-7,257

0

-10,889

0

-17,234

-15,070

0

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Costs and Expenses

'

'

'

'

'

-2,582

-2,389

-3,110

0

0

0

-5,499

0

-8,081

0

-16,360

-11,061

0

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Interest Expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other income (expense), net

'

'

'

'

'

34

36

39

0

0

0

75

0

109

0

227

212

'

Consolidation, Eliminations [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Consolidation, Eliminations [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

0

0

'

'

'

0

'

'

'

0

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

'

'

Consolidation, Eliminations [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

-3,632

-3,221

-4,036

'

'

'

-7,257

'

-10,889

'

-17,234

-15,070

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

-2,582

-2,389

-3,110

'

'

'

-5,499

'

-8,081

'

-16,360

-11,061

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

$34

$36

$39

'

'

'

$75

'

$109

'

$227

$212

'

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Investments in Unconsolidated Loan Manager and Entities) (Details)	Sep. 30, 2012
Resource Real Estate Opportunity REIT Inc [Member] | Maximum [Member]	'
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]	'
Ownership percentage of shares outstanding (in hundreths)	1.00%
Accounts at Investment Properties [Member]	'
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]	'
Number of investments	1
Financial fund management [Member]	'
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]	'
Number of investments	7
Number of CDOs	13
Commercial Finance [Member]	'
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]	'
Number of investments	4
Limited Partner [Member] | Accounts at Investment Properties [Member]	'
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]	'
Number of investments	9
Limited Liability Company [Member] | Accounts at Investment Properties [Member]	'
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]	'
Number of investments	4
Tenant in Common [Member] | Accounts at Investment Properties [Member]	'
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]	'
Number of investments	6
Parent [Member] | General Partner [Member]	'
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]	'
Preferred equity interest retained as a percentage of incentive management fees (in hundredths)	75.00%

RESTATED_FINANCIALS_Earnings_L

RESTATED FINANCIALS (Earnings (Loss) per Share) (Details) (USD $)

0 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

In Thousands, except Per Share data, unless otherwise specified

Mar. 17, 2011

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Income (loss) from continuing operations

'

'

'

'

'

'

($494)

($6,800)

($1,502)

($5,314)

($1,230)

'

($8,302)

($259)

($8,796)

($5,573)

$25,565

($12,361)

($14,073)

Discontinued operations

-2,200

-20

-8

-14

-16

-26

-23

-2,153

0

-1

-2

'

-2,153

-2

-2,176

-3

-58

-2,202

622

Net income (loss) attributable to common shareholders

'

-433

-2,267

30,211

-2,382

-3,591

-517

-8,953

-1,502

-5,315

-1,232

971

-10,455

-261

-10,972

-5,576

25,507

-14,563

-13,451

Continuing operations (in dollars per share)

'

($0.02)

($0.11)

$1.52

($0.12)

'

'

'

($80)

'

'

$50

'

'

'

'

$1.29

($0.64)

($0.74)

Discontinued operations (in dollars per share)

'

$0

$0

$0

$0

'

'

'

'

'

'

'

'

'

'

'

$0

($0.11)

$0.03

Earnings Per Share, Basic

'

($0.02)

($0.11)

$1.52

($0.12)

'

'

'

'

'

'

'

'

'

'

'

$1.29

($0.75)

($0.71)

Weighted average shares outstanding (in shares)

'

'

'

'

'

'

'

'

19,076

'

'

18,689

'

'

'

'

19,740

19,525

18,942

Continuing operations (in dollars per share)

'

($0.02)

($0.11)

$1.44

($0.12)

'

'

'

($80)

'

'

$50

'

'

'

'

$1.24

($0.64)

($0.74)

Discontinued operations (in dollars per share)

'

$0

$0

$0

$0

'

'

($0.11)

'

'

'

'

'

'

'

'

$0

($0.11)

$0.03

Earnings Per Share, Diluted

'

($0.02)

($0.11)

$1.44

($0.12)

'

'

'

'

'

'

'

'

'

'

'

$1.24

($0.75)

($0.71)

Weighted average shares outstanding (in shares)

'

'

'

'

'

'

19,741

19,355

19,076

19,140

19,089

18,962

19,213

18,888

19,389

18,972

20,634

19,525

18,942

As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income (loss) from continuing operations

'

'

'

'

'

'

-388

-2,113

-567

'

'

'

-2,680

'

-3,068

'

25,892

-6,026

'

Discontinued operations

'

'

'

'

'

'

-23

-2,153

0

'

'

'

-2,153

'

-2,176

'

-58

-2,202

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

'

-411

-4,266

-567

'

'

'

-4,833

'

-5,244

'

25,834

-8,228

'

Continuing operations (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1.31

($0.31)

'

Discontinued operations (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0

($0.11)

'

Earnings Per Share, Basic

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1.31

($0.42)

'

Weighted average shares outstanding (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,740

19,525

'

Continuing operations (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1.25

($0.31)

'

Discontinued operations (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0

($0.11)

'

Earnings Per Share, Diluted

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1.25

($0.42)

'

Weighted average shares outstanding (in shares)

'

'

'

'

'

'

19,741

19,355

19,076

'

'

'

19,213

'

19,389

'

20,634

19,525

'

Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income (loss) from continuing operations

'

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

1,923

1,433

'

Discontinued operations

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

1,923

1,433

'

Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income (loss) from continuing operations

'

'

'

'

'

'

-15,048

-13,906

-14,077

'

'

'

-27,983

'

-43,031

'

-2,250

-7,768

'

Discontinued operations

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Net income (loss) attributable to common shareholders

'

'

'

'

'

'

($15,048)

($13,906)

($14,077)

'

'

'

($27,983)

'

($43,031)

'

($2,250)

($7,768)

'

SUMMARY_OF_SIGNIFICANT_ACCOUNT5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Concentration of Credit Risk) (Details) (USD $)	Sep. 30, 2012
Accounting Policies [Abstract]	'
Interest-bearing deposits at various banks	$12,000,000
FDIC insured amount	250,000
Losses on uninsured amount	$0

RESTATED_FINANCIALS_Consolidat2

RESTATED FINANCIALS (Consolidated Statements of Comprehensive Income) (Details) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Net income (loss)

($259)

$15,614

$46,201

$11,609

($3,651)

$13,406

($598)

$10,452

($6,590)

($1,847)

$588

$9,854

($1,259)

$23,260

($7,849)

$87,804

$19,609

($16,675)

Current period changes for investment securities available- for- sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17

376

'

Pension and other postretirement benefit plans, adjustment, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

-463

'

Foreign currency translation gain (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

368

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,441

-12,203

2,728

Comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

107,245

7,406

-13,947

Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-81,595

-21,739

3,249

Comprehensive income (loss) attributable to common shareholders

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

25,650

-14,333

-10,698

As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net income (loss)

'

'

'

'

'

92

-3,983

-1,192

'

'

'

-5,175

'

-5,083

'

26,182

-7,429

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,582

-1,830

'

Comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

27,764

-9,259

'

Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-397

-775

'

Comprehensive income (loss) attributable to common shareholders

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

27,367

-10,034

'

Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net income (loss)

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

64,443

37,716

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,249

-12,409

'

Comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

83,692

25,307

'

Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Comprehensive income (loss) attributable to common shareholders

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

83,692

25,307

'

Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net income (loss)

'

'

'

'

'

-1,628

-5,834

-1,498

'

'

'

-7,332

'

-8,960

'

-2,821

-10,678

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,390

2,036

'

Comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-4,211

-8,642

'

Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-81,198

-20,964

'

Comprehensive income (loss) attributable to common shareholders

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-85,409

-29,606

'

RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrealized gain (loss) on investment securities available-for-sale, net of tax of $(17), $(326) and $1,481

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-28

-528

2,160

Less: reclassification for losses realized, net of tax of $28, $566 and $568

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

45

904

870

Current period changes for investment securities available- for- sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17

376

3,030

Minimum pension liability adjustments, net of tax of $(221), $(432) and $(223)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-289

-632

-257

Less: reclassification for losses realized, net of tax of $164 ,$129 and $116

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

215

169

147

Pension and other postretirement benefit plans, adjustment, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

-463

-110

Unrealized gain (loss) on hedging contracts, net of tax of $13, $(58) and $109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-6

-75

192

Deconsolidation of LEAF- unrealized loss on hedging contracts, net of tax of $174

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

255

0

0

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

249

-75

192

Foreign currency translation gain (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

368

-384

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

192

206

2,728

RAI [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrealized gain (loss) on investment securities available-for-sale, net of tax of $(17), $(326) and $1,481

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,363

-2,564

'

Less: reclassification for losses realized, net of tax of $28, $566 and $568

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

45

904

'

Current period changes for investment securities available- for- sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,408

-1,660

'

Minimum pension liability adjustments, net of tax of $(221), $(432) and $(223)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-289

-632

'

Less: reclassification for losses realized, net of tax of $164 ,$129 and $116

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

214

169

'

Pension and other postretirement benefit plans, adjustment, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-75

-463

'

Unrealized gain (loss) on hedging contracts, net of tax of $13, $(58) and $109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-6

-75

'

Deconsolidation of LEAF- unrealized loss on hedging contracts, net of tax of $174

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

255

'

'

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

249

'

'

Foreign currency translation gain (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

368

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,582

-1,830

'

RAI [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrealized gain (loss) on investment securities available-for-sale, net of tax of $(17), $(326) and $1,481

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Less: reclassification for losses realized, net of tax of $28, $566 and $568

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Current period changes for investment securities available- for- sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Minimum pension liability adjustments, net of tax of $(221), $(432) and $(223)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Less: reclassification for losses realized, net of tax of $164 ,$129 and $116

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Pension and other postretirement benefit plans, adjustment, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Unrealized gain (loss) on hedging contracts, net of tax of $13, $(58) and $109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Deconsolidation of LEAF- unrealized loss on hedging contracts, net of tax of $174

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Foreign currency translation gain (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

RAI [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrealized gain (loss) on investment securities available-for-sale, net of tax of $(17), $(326) and $1,481

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,391

2,036

'

Less: reclassification for losses realized, net of tax of $28, $566 and $568

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Current period changes for investment securities available- for- sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,391

2,036

'

Minimum pension liability adjustments, net of tax of $(221), $(432) and $(223)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Less: reclassification for losses realized, net of tax of $164 ,$129 and $116

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1

0

'

Pension and other postretirement benefit plans, adjustment, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1

0

'

Unrealized gain (loss) on hedging contracts, net of tax of $13, $(58) and $109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Deconsolidation of LEAF- unrealized loss on hedging contracts, net of tax of $174

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Foreign currency translation gain (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,390

2,036

'

RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrealized gain (loss) on investment securities available-for-sale, net of tax of $(17), $(326) and $1,481

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

18,770

-13,798

0

Less: reclassification for losses realized, net of tax of $28, $566 and $568

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,728

1,080

0

Unrealized gain (loss) on hedging contracts, net of tax of $13, $(58) and $109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,476

82

0

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,249

-12,409

0

Reclassification adjustments associated with unrealized losses from interest rate hedges included in net income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

227

227

0

RSO [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrealized gain (loss) on investment securities available-for-sale, net of tax of $(17), $(326) and $1,481

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Less: reclassification for losses realized, net of tax of $28, $566 and $568

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Unrealized gain (loss) on hedging contracts, net of tax of $13, $(58) and $109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Reclassification adjustments associated with unrealized losses from interest rate hedges included in net income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

RSO [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrealized gain (loss) on investment securities available-for-sale, net of tax of $(17), $(326) and $1,481

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

18,770

-13,798

'

Less: reclassification for losses realized, net of tax of $28, $566 and $568

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,728

1,080

'

Unrealized gain (loss) on hedging contracts, net of tax of $13, $(58) and $109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,476

82

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,249

-12,409

'

Reclassification adjustments associated with unrealized losses from interest rate hedges included in net income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

227

227

'

RSO [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrealized gain (loss) on investment securities available-for-sale, net of tax of $(17), $(326) and $1,481

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Less: reclassification for losses realized, net of tax of $28, $566 and $568

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Unrealized gain (loss) on hedging contracts, net of tax of $13, $(58) and $109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other comprehensive income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Reclassification adjustments associated with unrealized losses from interest rate hedges included in net income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0

$0

'

SUMMARY_OF_SIGNIFICANT_ACCOUNT6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Restricted Cash) (Details) (USD $)	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2011	Sep. 30, 2011
In Thousands, unless otherwise specified		Escrow Deposits for Real Estate Mortgage [Member]	Clearing Deposit with a Third-Party Broker [Member]	Lockbox Payments [Member]	Restricted Cash Pledged as Collateral [Member]	Proceeds from Sale of Contract for Resource Europe CLO I [Member]
Restricted Cash and Cash Equivalents Items [Line Items]	'	'	'	'	'	'
Restricted cash	$20,257	$376	$250	$10,400	$6,900	$2,200

RESTATED_FINANCIALS_Consolidat3

RESTATED FINANCIALS (Consolidated Statements of Cash Flows) (Details) (USD $)	3 Months Ended	6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2010	Mar. 31, 2011	Jun. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'	'	'	'
Net income (loss)	$10,452,000	$9,854,000	$23,260,000	$87,804,000	$19,609,000	($16,675,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Impairment charges	'	'	'	2,280,000	'	'
Provision for credit losses	'	'	'	17,246,000	10,661,000	5,209,000
Equity in earnings of unconsolidated entities	'	'	'	-3,439,000	-10,377,000	'
Gain on sale of leases and loans	'	'	'	-37,000	-659,000	'
Other-than-temporary impairment losses recognized in earnings	'	'	'	74,000	'	'
Gain on sale of management contract	'	'	'	'	-6,520,000	'
Gain on sale and deconsolidation of subsidiaries	'	'	'	-63,291,000	'	'
Loss on extinguishment of debt	'	'	'	2,190,000	'	'
Loss from discontinued operations	'	2,153,000	2,176,000	58,000	2,202,000	-622,000
Net cash used in operating activities	-20,263,000	-465,000	18,067,000	-5,447,000	15,186,000	26,439,000
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Net cash provided by (used in) investing activities	-58,803,000	-100,904,000	-137,653,000	105,965,000	-473,884,000	-2,520,000
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net cash (used in) provided by financing activities	82,353,000	106,569,000	137,077,000	-104,295,000	473,178,000	-38,873,000
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Operating activities	'	'	'	-1,285,000	-1,268,000	0
Net cash used in discontinued operations	'	52,000	-181,000	-1,285,000	-1,268,000	0
(Decrease) increase in cash	3,287,000	5,252,000	17,310,000	-5,062,000	13,212,000	-14,954,000
Cash, beginning of year	11,243,000	11,243,000	11,243,000	24,455,000	11,243,000	26,197,000
Cash, end of year	14,530,000	16,495,000	28,553,000	19,393,000	24,455,000	11,243,000
As Previously Reported [Member]	'	'	'	'	'	'
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'	'	'	'
Net income (loss)	-1,192,000	-5,175,000	-5,083,000	26,182,000	-7,429,000	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Loss from discontinued operations	'	2,153,000	2,176,000	58,000	2,202,000	'
Net cash used in operating activities	-2,974,000	-4,236,000	-1,530,000	-1,996,000	-1,463,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Net cash provided by (used in) investing activities	1,030,000	-14,184,000	-19,703,000	4,420,000	-50,896,000	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net cash (used in) provided by financing activities	5,231,000	23,620,000	38,724,000	-6,201,000	66,839,000	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Net cash used in discontinued operations	'	52,000	-181,000	-1,285,000	-1,268,000	'
(Decrease) increase in cash	3,287,000	5,252,000	17,310,000	-5,062,000	13,212,000	'
Cash, beginning of year	11,243,000	11,243,000	11,243,000	24,455,000	11,243,000	'
Cash, end of year	14,530,000	16,495,000	28,553,000	19,393,000	24,455,000	'
Restatement Adjustments - RSO [Member]	'	'	'	'	'	'
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'	'	'	'
Net income (loss)	13,142,000	22,361,000	37,303,000	64,443,000	37,716,000	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Loss from discontinued operations	'	0	0	0	0	'
Net cash used in operating activities	-16,678,000	4,994,000	21,432,000	-1,165,000	19,409,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Net cash provided by (used in) investing activities	-59,833,000	-96,941,000	-133,039,000	101,621,000	-438,209,000	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net cash (used in) provided by financing activities	76,511,000	91,947,000	111,607,000	-100,456,000	418,800,000	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Net cash used in discontinued operations	'	0	0	0	0	'
(Decrease) increase in cash	0	0	0	0	0	'
Cash, beginning of year	0	0	0	0	0	'
Cash, end of year	0	0	0	0	0	'
Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'	'	'	'
Net income (loss)	-1,498,000	-7,332,000	-8,960,000	-2,821,000	-10,678,000	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Loss from discontinued operations	'	0	0	0	0	'
Net cash used in operating activities	-611,000	-1,223,000	-1,835,000	-2,286,000	-2,760,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Net cash provided by (used in) investing activities	0	10,221,000	15,089,000	-76,000	15,221,000	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net cash (used in) provided by financing activities	611,000	-8,998,000	-13,254,000	2,362,000	-12,461,000	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Net cash used in discontinued operations	'	0	0	0	0	'
(Decrease) increase in cash	0	0	0	0	0	'
Cash, beginning of year	0	0	0	0	0	'
Cash, end of year	0	0	0	0	0	'
RAI [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Depreciation and amortization	1,999,000	6,331,000	10,955,000	4,875,000	15,868,000	12,088,000
Impairment charges	'	0	0	2,280,000	0	2,828,000
Provision for credit losses	2,405,000	5,124,000	8,600,000	17,246,000	11,460,000	5,209,000
Unrealized gain on trading securities	'	'	'	-1,108,000	0	0
Equity in earnings of unconsolidated entities	-1,427,000	-1,944,000	-9,367,000	-3,439,000	-10,377,000	-4,870,000
Distributions from unconsolidated entities	663,000	2,751,000	5,018,000	3,463,000	4,522,000	5,104,000
Gain on sale of leases and loans	-11,000	-263,000	-357,000	-37,000	-659,000	8,097,000
Other-than-temporary impairment losses recognized in earnings	'	'	'	74,000	0	809,000
Gain on sale of loans and investment securities, net	1,461,000	1,364,000	1,282,000	-972,000	1,198,000	451,000
Gain on sale of assets	0	0	0	-84,000	-196,000	-2,870,000
Gain on sale of management contract	-6,520,000	-6,520,000	-6,520,000	0	-6,520,000	0
Gain on extinguishment of servicing and repurchase liabilities	'	0	0	'	0	'
Gain on sale and deconsolidation of subsidiaries	'	'	'	-63,291,000	0	0
Loss on extinguishment of debt	'	'	'	2,190,000	0	0
Deferred income tax provision	422,000	-3,065,000	-1,667,000	13,393,000	-5,657,000	-4,564,000
Equity-based compensation issued	781,000	1,401,000	1,963,000	1,286,000	2,525,000	3,573,000
Equity-based compensation received	0	0	0	0	0	-1,441,000
Trading securities purchases and sales, net	'	'	'	-1,048,000	0	0
Loss from discontinued operations	'	2,153,000	2,176,000	58,000	2,202,000	-622,000
Changes in operating assets and liabilities	-611,000	-1,047,000	-2,983,000	-2,911,000	-2,624,000	1,719,000
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Capital expenditures	-38,000	-411,000	-739,000	-222,000	-1,165,000	-782,000
Payments received on real estate loans and real estate	'	0	16,291,000	1,726,000	16,487,000	9,205,000
Investments in unconsolidated real estate entities	-283,000	-419,000	-854,000	-1,608,000	-2,371,000	-1,821,000
Purchase of commercial finance assets	-10,690,000	-25,790,000	-65,762,000	-18,483,000	-105,777,000	-11,771,000
Principal payments received on leases and loans	'	0	18,732,000	9,043,000	29,056,000	0
Purchase of loans and investments	0	0	0	-1,874,000	0	-1,445,000
Cash divested on deconsolidation of LEAF	'	'	'	-2,284,000	0	0
Net proceeds from sale of Apidos and cash divested on deconsolidation	'	'	'	17,860,000	0	0
Proceeds from sale of management contract	9,095,000	9,095,000	9,095,000	0	9,095,000	0
Proceeds from sale of loans and investments	2,946,000	3,341,000	3,534,000	262,000	3,779,000	4,094,000
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Increase in borrowings	1,000,000	31,000,000	66,217,000	128,845,000	106,043,000	103,401,000
Principal payments on borrowings	-1,908,000	-13,756,000	-45,776,000	-129,416,000	-55,778,000	-128,767,000
Dividends paid	-551,000	-1,105,000	-1,675,000	-2,310,000	-2,246,000	-1,636,000
Proceeds from issuance of common stock	'	1,853,000	1,914,000	2,131,000	1,914,000	58,000
Repurchase of common stock	'	'	'	-2,324,000	-241,000	0
Proceeds from issuance of LEAF preferred stock	'	0	0	'	0	'
Preferred stock dividends paid by LEAF to RSO	'	'	'	0	0	'
(Increase) decrease in restricted cash	6,617,000	-3,518,000	4,947,000	-664,000	4,530,000	-9,277,000
Other	73,000	-1,075,000	-1,992,000	-2,275,000	-2,299,000	-2,652,000
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Operating activities	'	52,000	-181,000	-1,285,000	-1,268,000	'
Cash, beginning of year	'	'	'	24,455,000	'	'
Cash, end of year	14,530,000	16,495,000	28,553,000	19,393,000	24,455,000	'
RAI [Member] | As Previously Reported [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Depreciation and amortization	1,911,000	6,243,000	10,867,000	4,875,000	15,780,000	'
Impairment charges	'	'	'	2,280,000	'	'
Provision for credit losses	1,606,000	4,325,000	7,801,000	17,246,000	10,661,000	'
Unrealized gain on trading securities	'	'	'	-1,108,000	'	'
Equity in earnings of unconsolidated entities	-1,427,000	-1,944,000	-9,367,000	-3,439,000	-10,377,000	'
Distributions from unconsolidated entities	663,000	2,751,000	5,018,000	3,463,000	4,522,000	'
Gain on sale of leases and loans	-11,000	-263,000	-357,000	-37,000	-659,000	'
Other-than-temporary impairment losses recognized in earnings	'	'	'	74,000	'	'
Gain on sale of loans and investment securities, net	1,461,000	1,364,000	1,282,000	-972,000	1,198,000	'
Gain on sale of assets	'	'	'	-84,000	-196,000	'
Gain on sale of management contract	-6,520,000	-6,520,000	-6,520,000	'	-6,520,000	'
Gain on extinguishment of servicing and repurchase liabilities	'	-4,426,000	-4,426,000	'	-4,426,000	'
Gain on sale and deconsolidation of subsidiaries	'	'	'	-63,291,000	'	'
Loss on extinguishment of debt	'	'	'	2,190,000	'	'
Deferred income tax provision	422,000	-3,065,000	-1,667,000	13,393,000	-5,657,000	'
Equity-based compensation issued	781,000	1,401,000	1,963,000	1,286,000	2,525,000	'
Equity-based compensation received	-57,000	-33,000	-234,000	-153,000	-463,000	'
Trading securities purchases and sales, net	'	'	'	-1,048,000	'	'
Loss from discontinued operations	'	2,153,000	2,176,000	58,000	2,202,000	'
Changes in operating assets and liabilities	-611,000	-1,047,000	-2,983,000	-2,911,000	-2,624,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Capital expenditures	-38,000	-411,000	-739,000	-222,000	-1,165,000	'
Payments received on real estate loans and real estate	'	'	16,291,000	1,726,000	16,487,000	'
Investments in unconsolidated real estate entities	-283,000	-419,000	-854,000	-1,608,000	-2,371,000	'
Purchase of commercial finance assets	-10,690,000	-25,790,000	-65,762,000	-18,483,000	-105,777,000	'
Principal payments received on leases and loans	'	'	18,732,000	9,043,000	29,056,000	'
Purchase of loans and investments	'	'	'	-1,874,000	0	'
Cash divested on deconsolidation of LEAF	'	'	'	-2,284,000	'	'
Net proceeds from sale of Apidos and cash divested on deconsolidation	'	'	'	17,860,000	'	'
Proceeds from sale of management contract	9,095,000	9,095,000	9,095,000	'	9,095,000	'
Proceeds from sale of loans and investments	2,946,000	3,341,000	3,534,000	262,000	3,779,000	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Increase in borrowings	1,000,000	31,000,000	66,217,000	128,845,000	106,043,000	'
Principal payments on borrowings	-1,908,000	-13,756,000	-45,776,000	-129,416,000	-55,778,000	'
Dividends paid	-551,000	-1,105,000	-1,675,000	-2,310,000	-2,246,000	'
Proceeds from issuance of common stock	'	1,853,000	1,914,000	2,131,000	1,914,000	'
Repurchase of common stock	'	'	'	-2,324,000	-241,000	'
Proceeds from issuance of LEAF preferred stock	'	10,221,000	15,221,000	'	15,221,000	'
Preferred stock dividends paid by LEAF to RSO	'	'	'	-188,000	-305,000	'
(Increase) decrease in restricted cash	6,617,000	-3,518,000	4,947,000	-664,000	4,530,000	'
Other	73,000	-1,075,000	-1,992,000	-2,275,000	-2,299,000	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Operating activities	'	52,000	-181,000	-1,285,000	-1,268,000	'
Cash, beginning of year	11,243,000	11,243,000	11,243,000	24,455,000	11,243,000	'
Cash, end of year	14,530,000	16,495,000	28,553,000	19,393,000	24,455,000	'
RAI [Member] | Restatement Adjustments - RSO [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Depreciation and amortization	0	'	0	0	0	'
Impairment charges	'	'	'	0	'	'
Provision for credit losses	0	0	0	0	0	'
Unrealized gain on trading securities	'	'	'	0	'	'
Equity in earnings of unconsolidated entities	0	0	0	0	0	'
Distributions from unconsolidated entities	0	0	0	0	0	'
Gain on sale of leases and loans	0	0	0	0	0	'
Other-than-temporary impairment losses recognized in earnings	'	'	'	0	'	'
Gain on sale of loans and investment securities, net	0	0	0	0	0	'
Gain on sale of assets	'	'	'	0	0	'
Gain on sale of management contract	0	0	0	'	0	'
Gain on extinguishment of servicing and repurchase liabilities	'	0	0	'	0	'
Gain on sale and deconsolidation of subsidiaries	'	'	'	0	'	'
Loss on extinguishment of debt	'	'	'	0	'	'
Deferred income tax provision	0	0	0	0	0	'
Equity-based compensation issued	0	0	0	0	0	'
Equity-based compensation received	0	0	0	0	0	'
Trading securities purchases and sales, net	'	'	'	0	'	'
Loss from discontinued operations	'	0	0	0	0	'
Changes in operating assets and liabilities	0	0	0	0	0	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Capital expenditures	0	0	0	0	0	'
Payments received on real estate loans and real estate	'	'	0	0	0	'
Investments in unconsolidated real estate entities	0	0	0	0	0	'
Purchase of commercial finance assets	0	0	0	0	0	'
Principal payments received on leases and loans	'	'	0	0	0	'
Purchase of loans and investments	'	'	'	0	0	'
Cash divested on deconsolidation of LEAF	'	'	'	0	'	'
Net proceeds from sale of Apidos and cash divested on deconsolidation	'	'	'	0	'	'
Proceeds from sale of management contract	0	0	0	'	0	'
Proceeds from sale of loans and investments	0	0	0	0	0	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Increase in borrowings	0	0	0	0	0	'
Principal payments on borrowings	0	0	0	0	0	'
Dividends paid	0	0	0	0	0	'
Proceeds from issuance of common stock	'	0	0	0	0	'
Repurchase of common stock	'	'	'	0	0	'
Proceeds from issuance of LEAF preferred stock	'	0	0	'	0	'
Preferred stock dividends paid by LEAF to RSO	'	'	'	0	0	'
(Increase) decrease in restricted cash	0	0	0	0	0	'
Other	0	0	0	0	0	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Operating activities	'	0	0	0	0	'
Cash, beginning of year	'	'	'	0	'	'
Cash, end of year	0	0	0	0	0	'
RAI [Member] | Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Depreciation and amortization	88,000	88,000	88,000	0	88,000	'
Impairment charges	'	'	'	0	'	'
Provision for credit losses	799,000	799,000	799,000	0	799,000	'
Unrealized gain on trading securities	'	'	'	0	'	'
Equity in earnings of unconsolidated entities	0	0	0	0	0	'
Distributions from unconsolidated entities	0	0	0	0	0	'
Gain on sale of leases and loans	0	0	0	0	0	'
Other-than-temporary impairment losses recognized in earnings	'	'	'	0	'	'
Gain on sale of loans and investment securities, net	0	0	0	0	0	'
Gain on sale of assets	'	'	'	0	0	'
Gain on sale of management contract	0	0	0	'	0	'
Gain on extinguishment of servicing and repurchase liabilities	'	4,426,000	4,426,000	'	4,426,000	'
Gain on sale and deconsolidation of subsidiaries	'	'	'	0	'	'
Loss on extinguishment of debt	'	'	'	0	'	'
Deferred income tax provision	0	0	0	0	0	'
Equity-based compensation issued	0	0	0	0	0	'
Equity-based compensation received	57,000	33,000	234,000	153,000	463,000	'
Trading securities purchases and sales, net	'	'	'	0	'	'
Loss from discontinued operations	'	0	0	0	0	'
Changes in operating assets and liabilities	0	0	0	0	0	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Capital expenditures	0	0	0	0	0	'
Payments received on real estate loans and real estate	'	'	0	0	0	'
Investments in unconsolidated real estate entities	0	0	0	0	0	'
Purchase of commercial finance assets	0	0	0	0	0	'
Principal payments received on leases and loans	'	'	0	0	0	'
Purchase of loans and investments	'	'	'	0	0	'
Cash divested on deconsolidation of LEAF	'	'	'	0	'	'
Net proceeds from sale of Apidos and cash divested on deconsolidation	'	'	'	0	'	'
Proceeds from sale of management contract	0	0	0	'	0	'
Proceeds from sale of loans and investments	0	0	0	0	0	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Increase in borrowings	0	0	0	0	0	'
Principal payments on borrowings	0	0	0	0	0	'
Dividends paid	0	0	0	0	0	'
Proceeds from issuance of common stock	'	0	0	0	0	'
Repurchase of common stock	'	'	'	0	0	'
Proceeds from issuance of LEAF preferred stock	'	-10,221,000	-15,221,000	'	-15,221,000	'
Preferred stock dividends paid by LEAF to RSO	'	'	'	188,000	305,000	'
(Increase) decrease in restricted cash	0	0	0	0	0	'
Other	0	0	0	0	0	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Operating activities	'	0	0	0	0	'
Cash, beginning of year	'	'	'	0	'	'
Cash, end of year	0	0	0	0	0	'
RSO [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Change in cash attributable to operations of consolidated VIE - RSO	-29,877,000	-16,604,000	-14,293,000	-65,226,000	-16,165,000	0
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Purchase of loans and investments	-213,887,000	-436,374,000	-592,226,000	-769,762,000	-1,072,132,000	0
Principal payments and proceeds from sales received by consolidated VIE - RSO	145,670,000	295,166,000	370,238,000	822,476,000	663,663,000	0
Increase in restricted cash of consolidated VIE - RSO	-4,053,000	-20,023,000	22,334,000	50,756,000	31,014,000	0
Other investing activity of consolidated VIE - RSO	12,437,000	74,511,000	81,704,000	-1,925,000	-45,533,000	0
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net (repayments) borrowings of debt by consolidated VIE - RSO	15,109,000	23,687,000	50,411,000	-207,149,000	358,029,000	0
Dividends paid on common stock by consolidated VIE - RSO	-13,944,000	-30,922,000	-48,877,000	-71,876,000	-67,414,000	0
Proceeds from issuance of common stock	76,619,000	100,946,000	112,449,000	171,056,000	129,911,000	0
Other	-662,000	-541,000	-541,000	9,687,000	729,000	0
RSO [Member] | As Previously Reported [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Change in cash attributable to operations of consolidated VIE - RSO	0	0	0	0	0	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Purchase of loans and investments	0	0	0	0	0	'
Principal payments and proceeds from sales received by consolidated VIE - RSO	0	0	0	0	0	'
Increase in restricted cash of consolidated VIE - RSO	0	0	0	0	0	'
Other investing activity of consolidated VIE - RSO	0	0	0	0	0	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net (repayments) borrowings of debt by consolidated VIE - RSO	0	0	0	0	0	'
Dividends paid on common stock by consolidated VIE - RSO	0	0	0	0	0	'
Proceeds from issuance of common stock	0	'	0	0	0	'
Other	0	0	0	0	0	'
RSO [Member] | Restatement Adjustments - RSO [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Change in cash attributable to operations of consolidated VIE - RSO	-29,820,000	-17,367,000	-15,871,000	-65,608,000	-18,307,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Purchase of loans and investments	-213,887,000	-446,595,000	-607,447,000	-769,762,000	-1,087,353,000	'
Principal payments and proceeds from sales received by consolidated VIE - RSO	145,670,000	295,166,000	370,238,000	822,476,000	663,663,000	'
Increase in restricted cash of consolidated VIE - RSO	-4,053,000	-20,023,000	22,334,000	50,756,000	31,014,000	'
Other investing activity of consolidated VIE - RSO	12,437,000	74,511,000	81,836,000	-1,849,000	-45,533,000	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net (repayments) borrowings of debt by consolidated VIE - RSO	15,109,000	23,687,000	50,411,000	-207,149,000	358,029,000	'
Dividends paid on common stock by consolidated VIE - RSO	-14,555,000	-32,145,000	-50,712,000	-74,050,000	-69,869,000	'
Proceeds from issuance of common stock	76,619,000	100,946,000	112,449,000	171,056,000	129,911,000	'
Other	-662,000	-541,000	-541,000	9,687,000	729,000	'
RSO [Member] | Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Change in cash attributable to operations of consolidated VIE - RSO	-57,000	763,000	1,578,000	382,000	2,142,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Purchase of loans and investments	0	10,221,000	15,221,000	0	15,221,000	'
Principal payments and proceeds from sales received by consolidated VIE - RSO	0	0	0	0	0	'
Increase in restricted cash of consolidated VIE - RSO	0	0	0	0	0	'
Other investing activity of consolidated VIE - RSO	0	0	-132,000	-76,000	0	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net (repayments) borrowings of debt by consolidated VIE - RSO	0	0	0	0	0	'
Dividends paid on common stock by consolidated VIE - RSO	611,000	1,223,000	1,835,000	2,174,000	2,455,000	'
Proceeds from issuance of common stock	0	0	0	0	0	'
Other	$0	$0	$0	$0	$0	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Revenue Recognition) (Details) (USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
		Entity	Entity
Schedule of Revenue Recognition [Line Items]	'	'	'
Total of management, incentive and servicing fees (in hundredths)	26.00%	14.00%	12.00%
Number of commercial finance investment entities that management fees were waved	'	4	4
Hotel Savannah, GA [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Number of Rooms	86	'	'
Percent owned in real estate property	80.00%	'	'
Commercial Finance, Four Investment Entities [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Amount waived of the fund management fees from commercial finance investment entities	4,700,000	8,100,000	3,800,000
Number of commercial finance investment entities that management fees were waved	4	'	'
Minimum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Acquisition fees, percentage	1.00%	'	'
Financing fees, percentage	0.50%	'	'
Debt origigation fee, percentage	0.50%	'	'
Property management fee, percentage	4.50%	'	'
Maximum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Acquisition fees, percentage	2.00%	'	'
Financing fees, percentage	1.75%	'	'
Debt origigation fee, percentage	5.00%	'	'
Property management fee, percentage	5.00%	'	'
Maximum [Member] | RSO [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Ownership percentage (in hundredths)	15.00%	'	'
Collateralized Loan Obligations [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Bank loans	1,700,000,000	'	'
Collateralized Loan Obligations [Member] | Minimum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Financial fund management fee, percentage	0.10%	'	'
Collateralized Loan Obligations [Member] | Maximum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Financial fund management fee, percentage	0.35%	'	'
Management Fees [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Number of CLOs holding	5	'	'
Management Fees [Member] | Apidos [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Number of CLOs holding	4	'	'
Base and Additional Management Fees [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Management fees paid	10.00%	'	'
Incentive Collateral Managment Fees [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Management fees paid	50.00%	'	'
Payable in Cash [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Quarterly incentive compensation, percentage	75.00%	'	'
Payable in Restricted Shares [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Quarterly Incentive Compensation, Required Period of Retention of Shares	'1 year	'	'
Quarterly Incentive Compensation, Restricted Stock, Valuation Period	'30 days	'	'
Quarterly Incentive Compensation, Restricted Stock, Period Between Valuation Period End and Issuance Date	'3 days	'	'
Payable in Restricted Shares [Member] | Minimum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Quarterly incentive compensation, percentage	25.00%	'	'
Annual Fee [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Debt management fee, percentage	2.00%	'	'
Investment managment fee, percentage	1.00%	'	'
Annual Fee [Member] | Minimum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Asset management fees percentage (in hundredths)	1.00%	'	'
Annual Fee [Member] | Maximum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Asset management fees percentage (in hundredths)	2.00%	'	'
Monthly Fee [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Debt management fee, percentage	0.17%	'	'
Quarterly Fee [Member] | Minimum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Asset management fees percentage (in hundredths)	0.83%	'	'
Quarterly Fee [Member] | Maximum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Asset management fees percentage (in hundredths)	1.00%	'	'
Fees from Partnerships or Funds [Member] | Minimum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Financial fund management fee, percentage	0.75%	'	'
Fees from Partnerships or Funds [Member] | Maximum [Member]	'	'	'
Schedule of Revenue Recognition [Line Items]	'	'	'
Financial fund management fee, percentage	2.00%	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Financing Receivables) (Details)	12 Months Ended
	Sep. 30, 2012
Direct Financing Leases [Member]	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Leases and Loans, Maximum Days Past Due Revenue Recognized	'90 days
Maximum [Member] | Operating lease [Member]	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Useful life	'7 years

SUMMARY_OF_SIGNIFICANT_ACCOUNT9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Loans) (Details) (Investment in Real Estate Loan [Member], Maximum [Member])	12 Months Ended
	Sep. 30, 2012
Investment in Real Estate Loan [Member] | Maximum [Member]	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Number of Days Delinquent	'90 days
Loans Receivable, Past Period Before Write Off	'1 year

Recovered_Sheet1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Accounting for Income Taxes) (Details) (Minimum [Member])	Sep. 30, 2012
Minimum [Member]	'
Income Tax Contingency [Line Items]	'
Percentage of benefit from tax position that will be realized upon settlment	0.00%

Recovered_Sheet2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Goodwill and Intangible Assets) (Details) (USD $)

12 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2012

Jan. 04, 2011

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Dec. 31, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

LEAF [Member]

RAI [Member]

RAI [Member]

RAI [Member]

RAI [Member]

RAI [Member]

RAI [Member]

RAI [Member]

RAI [Member]

Reportable Legal Entities [Member]

Reportable Legal Entities [Member]

Reportable Legal Entities [Member]

RAI [Member]

RAI [Member]

RAI [Member]

Goodwill [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Goodwill

'

$8,000

$7,969

'

$7,969

'

$0

$7,969

'

$7,969

'

'

'

Impairment charges

$2,280

'

$0

$297

$0

$364

$2,280

$0

$2,828

'

$2,280

$0

$2,828

SUPPLEMENTAL_CASH_FLOW_INFORMA2

SUPPLEMENTAL CASH FLOW INFORMATION (Details) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Cash (paid) received:	'	'	'
Interest	($3,889)	($9,926)	($9,433)
Income tax payments	-1,424	-964	-1,325
Refund of income taxes	109	596	2,860
Dividends declared per common share	$0.12	$0.12	$0.09
Non-cash activities:	'	'	'
Repurchases of common stock from employees in exchange for the payment of income taxes and option exercises	1,718	113	54
Issuance of treasury stock for the Company's investment savings plan	539	730	1,091
Common stock issued to former director in exchange for vested director units	135	0	0
Warrants issued and recorded as a discount to the Senior Notes	0	0	2,339
Leasehold improvements paid by the landlord	0	0	668
Sale of commercial finance assets to RSO:	'	'	'
Reduction of investments in commercial finance assets	0	0	99,386
Termination of associated secured warehouse facility	0	0	-99,386
Effects from the deconsolidation of entities:(1)	'	'	'
Restricted cash	20,282	0	0
Receivables from managed entities and related parties, net	-2,696	0	0
Receivables	954	0	9
Investments in commercial finance, net	199,955	0	0
Investments in unconsolidated entities	5,225	0	0
Property and equipment, net	3,754	0	1,638
Deferred tax assets, net	4,558	0	0
Goodwill	7,969	0	0
Other assets	6,826	0	755
Accrued expense and other liabilities	-11,146	0	-174
Payables to managed entities and related parties	-98	0	0
Borrowings	-202,481	0	-1,013
Accumulated other comprehensive loss	255	0	0
Noncontrolling interests	-37,668	0	0
Equity	$0	$0	($1,258)
Financial Fund Management [Member]	'	'	'
Other Significant Noncash Transactions [Line Items]	'	'	'
Number of Partnerships Dissolved	'	'	2

FINANCING_RECEIVABLES_Past_Due

FINANCING RECEIVABLES (Past Due Financing Receivables) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011
Aging of the Company's past due financing receivables, gross of allowances for credit losses	'	'
30-89 Days Past Due	$755,000	$4,694,000
Greater than 90 days	2,695,000	2,141,000
Greater than 181 Days	54,092,000	54,980,000
Total Past Due	57,542,000	61,815,000
Current	4,501,000	193,249,000
Total	62,043,000	255,064,000
Commercial finance investment entities [Member]	'	'
Aging of the Company's past due financing receivables, gross of allowances for credit losses	'	'
30-89 Days Past Due	0	0
Greater than 90 days	0	0
Greater than 181 Days	38,834,000	37,547,000
Total Past Due	38,834,000	37,547,000
Current	148,000	490,000
Total	38,982,000	38,037,000
Allowance for credit losses, commercial finance	25,100,000	8,300,000
Real estate investment entities [Member]	'	'
Aging of the Company's past due financing receivables, gross of allowances for credit losses	'	'
30-89 Days Past Due	743,000	1,314,000
Greater than 90 days	2,694,000	1,511,000
Greater than 181 Days	15,180,000	17,405,000
Total Past Due	18,617,000	20,230,000
Current	2,054,000	1,697,000
Total	20,671,000	21,927,000
Allowance for credit losses, real estate	2,500,000	2,200,000
Financial fund management entities [Member]	'	'
Aging of the Company's past due financing receivables, gross of allowances for credit losses	'	'
30-89 Days Past Due	6,000	2,395,000
Greater than 90 days	0	93,000
Greater than 181 Days	46,000	28,000
Total Past Due	52,000	2,516,000
Current	2,141,000	24,000
Total	2,193,000	2,540,000
Other [Member]	'	'
Aging of the Company's past due financing receivables, gross of allowances for credit losses	'	'
30-89 Days Past Due	0	0
Greater than 90 days	0	0
Greater than 181 Days	0	0
Total Past Due	0	0
Current	152,000	103,000
Total	152,000	103,000
Receivables from Managed Entities and Related Parties [Member]	'	'
Aging of the Company's past due financing receivables, gross of allowances for credit losses	'	'
30-89 Days Past Due	749,000	3,709,000
Greater than 90 days	2,694,000	1,604,000
Greater than 181 Days	54,060,000	54,980,000
Total Past Due	57,503,000	60,293,000
Current	4,495,000	2,314,000
Total	61,998,000	62,607,000
Investments in commercial finance [Member]	'	'
Aging of the Company's past due financing receivables, gross of allowances for credit losses	'	'
30-89 Days Past Due	'	984,000
Greater than 90 days	'	526,000
Greater than 181 Days	'	0
Total Past Due	'	1,510,000
Current	'	190,932,000
Total	'	192,442,000
Rent receivables - real estate [Member]	'	'
Aging of the Company's past due financing receivables, gross of allowances for credit losses	'	'
30-89 Days Past Due	6,000	1,000
Greater than 90 days	1,000	11,000
Greater than 181 Days	32,000	0
Total Past Due	39,000	12,000
Current	6,000	3,000
Total	$45,000	$15,000

FINANCING_RECEIVABLES_Allowanc

FINANCING RECEIVABLES (Allowance for Credit Losses) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Activity in the allowance for credit losses of financing receivables [Roll Forward]	'	'	'
Allowance for losses at beginning of period	$10,935	$2,024	$4,795
Provision for credit losses	17,246	10,661	5,209
Charge-offs	-124	-2,099	-8,067
Recoveries	38	349	87
Deconsolidation of LEAF	-482	'	'
Allowance for losses at end of period	27,613	10,935	2,024
Ending balance, individually evaluated for impairment	27,613	10,505	'
Ending balance, collectively evaluated for impairment	0	430	'
Gross financing receivables related to the balance in the allowance for credit losses [Abstract]	'	'	'
Ending balance, individually evaluated for impairment	62,043	62,622	'
Ending balance, collectively evaluated for impairment	0	192,442	'
Balance, end of year	62,043	255,064	'
Receivables from Managed Entities [Member]	'	'	'
Activity in the allowance for credit losses of financing receivables [Roll Forward]	'	'	'
Allowance for losses at beginning of period	10,490	1,075	0
Provision for credit losses	17,090	9,415	1,852
Charge-offs	0	0	-777
Recoveries	0	0	0
Deconsolidation of LEAF	0	'	'
Allowance for losses at end of period	27,580	10,490	1,075
Ending balance, individually evaluated for impairment	27,580	10,490	'
Ending balance, collectively evaluated for impairment	0	0	'
Gross financing receivables related to the balance in the allowance for credit losses [Abstract]	'	'	'
Ending balance, individually evaluated for impairment	61,998	62,607	'
Ending balance, collectively evaluated for impairment	0	0	'
Balance, end of year	61,998	62,607	'
Investment in Loans [Member]	'	'	'
Activity in the allowance for credit losses of financing receivables [Roll Forward]	'	'	'
Allowance for losses at beginning of period	'	'	0
Provision for credit losses	'	'	1
Charge-offs	'	'	-1
Recoveries	'	'	0
Allowance for losses at end of period	'	'	0
Leases and Loans [Member]	'	'	'
Activity in the allowance for credit losses of financing receivables [Roll Forward]	'	'	'
Allowance for losses at beginning of period	430	770	570
Provision for credit losses	138	1,137	2,860
Charge-offs	-124	-1,764	-2,721
Recoveries	38	287	61
Deconsolidation of LEAF	-482	'	'
Allowance for losses at end of period	0	430	770
Ending balance, individually evaluated for impairment	0	0	'
Ending balance, collectively evaluated for impairment	0	430	'
Gross financing receivables related to the balance in the allowance for credit losses [Abstract]	'	'	'
Ending balance, individually evaluated for impairment	'	0	'
Ending balance, collectively evaluated for impairment	'	192,442	'
Balance, end of year	'	192,442	'
Future Payment Card Receivables [Member]	'	'	'
Activity in the allowance for credit losses of financing receivables [Roll Forward]	'	'	'
Allowance for losses at beginning of period	0	130	2,640
Provision for credit losses	0	94	447
Charge-offs	0	-286	-2,983
Recoveries	0	62	26
Deconsolidation of LEAF	0	'	'
Allowance for losses at end of period	0	0	130
Ending balance, individually evaluated for impairment	0	0	'
Ending balance, collectively evaluated for impairment	0	0	'
Rent Receivables [Member]	'	'	'
Activity in the allowance for credit losses of financing receivables [Roll Forward]	'	'	'
Allowance for losses at beginning of period	15	0	'
Provision for credit losses	18	15	'
Charge-offs	0	0	'
Recoveries	0	0	'
Deconsolidation of LEAF	0	'	'
Allowance for losses at end of period	33	15	'
Ending balance, individually evaluated for impairment	33	15	'
Ending balance, collectively evaluated for impairment	0	0	'
Gross financing receivables related to the balance in the allowance for credit losses [Abstract]	'	'	'
Ending balance, individually evaluated for impairment	45	15	'
Ending balance, collectively evaluated for impairment	0	0	'
Balance, end of year	45	15	'
Investment in Real Estate Loan [Member]	'	'	'
Activity in the allowance for credit losses of financing receivables [Roll Forward]	'	'	'
Allowance for losses at beginning of period	0	49	1,585
Provision for credit losses	0	0	49
Charge-offs	0	-49	-1,585
Recoveries	0	0	0
Deconsolidation of LEAF	0	'	'
Allowance for losses at end of period	0	0	49
Ending balance, individually evaluated for impairment	0	0	'
Ending balance, collectively evaluated for impairment	$0	$0	'

FINANCING_RECEIVABLES_Impaired

FINANCING RECEIVABLES (Impaired Financing Receivables) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011
Financing Receivables Without a Specific Valuation Allowance [Member]	'	'
Impaired financing receivables [Abstract]	'	'
Specific Allowance	$0	$0
Receivables from Managed Entities - Commercial Finance [Member] | Financing Receivables With a Specific Valuation Allowance [Member]	'	'
Impaired financing receivables [Abstract]	'	'
Net Balance	12,865	14,990
Unpaid Balance	37,943	23,302
Specific Allowance	25,078	8,312
Average Investment in Impaired Assets	38,060	23,377
Receivables from Managed Entities - Real Estate [Member] | Financing Receivables With a Specific Valuation Allowance [Member]	'	'
Impaired financing receivables [Abstract]	'	'
Net Balance	2,181	2,353
Unpaid Balance	4,683	4,531
Specific Allowance	2,502	2,178
Average Investment in Impaired Assets	4,511	3,897
Leases and Loans [Member] | Financing Receivables With a Specific Valuation Allowance [Member]	'	'
Impaired financing receivables [Abstract]	'	'
Net Balance	'	310
Unpaid Balance	'	526
Specific Allowance	'	216
Average Investment in Impaired Assets	'	318
Rent receivables - real estate [Member] | Financing Receivables With a Specific Valuation Allowance [Member]	'	'
Impaired financing receivables [Abstract]	'	'
Net Balance	12	0
Unpaid Balance	45	15
Specific Allowance	33	15
Average Investment in Impaired Assets	$45	$7

INVESTMENTS_IN_COMMERCIAL_FINA2

INVESTMENTS IN COMMERCIAL FINANCE (Schedule of Investments in Commercial Finance) (Details) (USD $)	12 Months Ended
	Sep. 30, 2011	Dec. 31, 2010
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total investments in commercial finance, gross	$192,442,000	'
Allowance for credit losses	-430,000	'
Total investments in commercial finance, net	192,012,000	0
Interest rates on loans, minimum	6.00%	'
Interest rates on loans, maximum	18.00%	'
Accumulated depreciation	7,100,000	'
Direct financing leases, net [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total investments in commercial finance, gross	145,476,000	'
Equipment loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total investments in commercial finance, gross	19,640,000	'
Assets subject to operating leases, net [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total investments in commercial finance, gross	$27,326,000	'

INVESTMENTS_IN_COMMERCIAL_FINA3

INVESTMENTS IN COMMERCIAL FINANCE (Schedule of Components of Direct Financing Leases) (Details) (USD $)	Sep. 30, 2011
In Thousands, unless otherwise specified
Investments in Commercial Finance [Abstract]	'
Total future minimum lease payments receivable	$159,722
Initial direct costs, net of amortization	2,034
Unguaranteed residuals	8,666
Security deposits	-120
Unearned income	-24,826
Total investments in direct financing leases, net	$145,476

INVESTMENTS_IN_REAL_ESTATE_Inv

INVESTMENTS IN REAL ESTATE (Investments in Real Estate) (Details) (USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Properties owned, net of accumulated depreciation [Line Items]	'	'
Real Estate Investment Property, Net	$19,149,000	$19,942,000
Hotel property (Savannah, Georgia) [Member]	'	'
Properties owned, net of accumulated depreciation [Line Items]	'	'
Real Estate Investment Property, Net	11,619,000	12,051,000
Office building (Philadelphia, Pennsylvania) [Member]	'	'
Properties owned, net of accumulated depreciation [Line Items]	'	'
Real Estate Investment Property, Net	906,000	3,165,000
Impairment charges	2,200,000	'
Total Properties Owned [Member]	'	'
Properties owned, net of accumulated depreciation [Line Items]	'	'
Real Estate Investment Property, Net	12,525,000	15,216,000
Accumulated depreciation	5,592,000	4,785,000
Commercial property (Elkins, West Virginia), net of accumulated depreciation of $784 and $656 [Member]	'	'
Properties owned, net of accumulated depreciation [Line Items]	'	'
Real Estate Investment Property, Net	727,000	944,000
Accumulated depreciation	784,000	656,000
Impairment charges	89,000	'
Partnerships and other investments [Member]	'	'
Properties owned, net of accumulated depreciation [Line Items]	'	'
Real Estate Investment Property, Net	$5,897,000	$3,782,000

INVESTMENTS_IN_REAL_ESTATE_Ope

INVESTMENTS IN REAL ESTATE (Operating Leases) (Details) (USD $)	Sep. 30, 2012
In Thousands, unless otherwise specified
Real Estate Investments, Net [Abstract]	'
2013	$966
2014	902
2015	799
2016	537
2017	453
Thereafter	772
Total	$4,429

INVESTMENT_SECURITIES_Narrativ

INVESTMENT SECURITIES (Narrative) (Details) (USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Trading Securities [Abstract]	'	'	'
Net unrealized gains on trading securities	$1,100,000	'	'
Realized gains	909,000	'	'
Available-for-sale Securities [Abstract]	'	'	'
Other-than-temporary impairment losses recognized in earnings	74,000	'	'
The Bancorp, Inc. [Member]	'	'	'
Trading Securities [Abstract]	'	'	'
Number of shares sold that were held in trust (in shares)	33,509	90,210	'
Realized gains	22,000	186,000	'
Unrealized trading gain	'	16,000	'
Available-for-sale Securities [Abstract]	'	'	'
Other-than-temporary impairment losses recognized in earnings	'	'	329,000
The Bancorp, Inc. [Member] | Supplemental Employee Retirement Plan [Member] | Chief Executive Officer [Member]	'	'	'
Trading Securities [Abstract]	'	'	'
Number of shares sold that were held in trust (in shares)	33,509	33,509	'
Stock shares held in trust, value	'	240,000	'
Realized gains	22,000	'	'
Equity securities [Member] | The Bancorp, Inc. [Member]	'	'	'
Equity Securities [Abstract]	'	'	'
Number of shares held (in shares)	18,972	'	'
CDO securities [Member]	'	'	'
CDO securities [Abstract]	'	'	'
Number of CDO issuers that represent the retained equity interest	4	3	'
Available-for-sale Securities [Abstract]	'	'	'
Other-than-temporary impairment losses recognized in earnings	74,000	0	480,000
CDO securities [Member] | Apidos CLO II [Member]	'	'	'
CDO securities [Abstract]	'	'	'
Minimum investment requirement	$2,000,000	'	'

INVESTMENT_SECURITIES_Componen

INVESTMENT SECURITIES (Components of Investment Securities) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Investments, Debt and Equity Securities [Abstract]	'	'
Available-for-sale securities	$3,966	$2,492
Trading securities	3,064	240
Total investment securities, at fair value	$7,030	$2,732

INVESTMENT_SECURITIES_Pretax_U

INVESTMENT SECURITIES (Pre-tax Unrealized Gains (Losses) Relating to Investments in Available-for-Sale Securities) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Cost or Amortized Cost	$2,593	$1,148
Unrealized Gains	1,388	1,344
Unrealized Losses	-15	0
Fair Value	3,966	2,492
Equity securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Cost or Amortized Cost	109	109
Unrealized Gains	86	27
Unrealized Losses	0	0
Fair Value	195	136
CDO securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Cost or Amortized Cost	2,484	1,039
Unrealized Gains	1,302	1,317
Unrealized Losses	-15	0
Fair Value	$3,771	$2,356

INVESTMENT_SECURITIES_Availabl

INVESTMENT SECURITIES (Available-for-sale Securities, Continuous Unrealized Loss Position) (Details) (CDO securities [Member], USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified	Security	Security
CDO securities [Member]	'	'
Less than 12 Months [Abstract]	'	'
Fair Value	$1,274	$0
Unrealized Losses	-15	0
Number of Securities	1	0
More than 12 Months [Abstract]	'	'
Fair Value	0	0
Unrealized Losses	$0	$0
Number of Securities	0	0

INVESTMENTS_IN_UNCONSOLIDATED_2

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Narrative) (Details)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2010
	Entity	Entity
Schedule of Equity Method Investments [Line Items]	'	'
Number of entities owned by entity and co-managing partner	6	'
Trapeza entities [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Number of entities owned by entity and co-managing partner	2	2
CVC Credit Partners, L.P. [Member] | Parent [Member] | Limited Partner [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Percentage interest in limited partnership formed	33.00%	'

INVESTMENTS_IN_UNCONSOLIDATED_3

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Investment Vehicles, Including the Range of Interests it Owns) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Schedule of Equity Method Investments [Line Items]	'	'
Investments in unconsolidated entities	$12,993	$12,710
Real estate investment entities [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Investments in unconsolidated entities	8,043	8,439
Real estate investment entities [Member] | Minimum [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Ownership percentage (in hundredths)	1.00%	'
Real estate investment entities [Member] | Maximum [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Ownership percentage (in hundredths)	10.00%	'
Financial fund management investment entities [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Investments in unconsolidated entities	3,983	3,476
Financial fund management investment entities [Member] | Minimum [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Ownership percentage (in hundredths)	3.00%	'
Financial fund management investment entities [Member] | Maximum [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Ownership percentage (in hundredths)	11.00%	'
Trapeza entities [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Investments in unconsolidated entities	967	795
Trapeza entities [Member] | Minimum [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Ownership percentage (in hundredths)	33.00%	'
Trapeza entities [Member] | Maximum [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Ownership percentage (in hundredths)	50.00%	'
LEAF [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Ownership percentage (in hundredths)	14.90%	'
Investments in unconsolidated entities	0	0
Commercial Finance [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Investments in unconsolidated entities	$0	$0
Commercial Finance [Member] | Minimum [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Ownership percentage (in hundredths)	2.00%	'
Commercial Finance [Member] | Maximum [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Ownership percentage (in hundredths)	7.00%	'

PROPERTY_AND_EQUIPMENT_Details

PROPERTY AND EQUIPMENT (Details) (USD $)

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2011

In Thousands, unless otherwise specified

Parent Company [Member]

Parent Company [Member]

LEAF [Member]

LEAF [Member]

Furniture and equipment [Member]

Furniture and equipment [Member]

Furniture and equipment [Member]

Furniture and equipment [Member]

Leasehold improvements [Member]

Leasehold improvements [Member]

Leasehold improvements [Member]

Leasehold improvements [Member]

LEAF property and equipment [Member]

LEAF property and equipment [Member]

Parent Company [Member]

Parent Company [Member]

Minimum [Member]

Maximum [Member]

Parent Company [Member]

Parent Company [Member]

Minimum [Member]

Maximum [Member]

LEAF [Member]

LEAF [Member]

Parent Company [Member]

Parent Company [Member]

Parent Company [Member]

Parent Company [Member]

Property, Plant and Equipment [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Estimated Useful Life

'

'

'

'

'

'

'

'

'3 years

'7 years

'

'

'1 year

'8 years

'

'

Property and equipment, gross

$8,500

$20,215

'

'

'

'

$6,123

$5,620

'

'

$2,377

$2,656

'

'

$0

$11,939

Accumulated depreciation and amortization

'

'

-5,768

-5,183

0

-8,034

'

'

'

'

'

'

'

'

'

'

Property and equipment, net

$2,732

$6,998

'

'

'

'

'

'

'

'

'

'

'

'

'

'

INTANGIBLE_ASSETS_Details

INTANGIBLE ASSETS (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2010
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Impairment charges	$2,280	'
Amortization of intangible assets	'	$809

ACCRUED_EXPENSES_Details

ACCRUED EXPENSES (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Payables and Accruals [Abstract]	'	'
Accounts payable and other accrued liabilities	$8,627	$8,153
SERP liability (see Note 19)	6,976	7,049
Accrued wages and benefits	5,396	3,617
Trapeza clawback (see Note 22)	1,181	1,181
Real estate loan commitment	862	2,147
Due to brokers	0	8,254
LEAF accounts payable and accrued liabilities	0	10,486
Total accrued expenses and other liabilities	$23,042	$40,887

BORROWINGS_Credit_Facilities_a

BORROWINGS (Credit Facilities and Other Debt) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011	Aug. 31, 2011
Debt Instrument [Line Items]	'	'	'
Borrowings Outstanding	$21,343,000	$214,054,000	'
Unamortized discount	2,600,000	'	'
TD Bank, NA - secured revolving credit facility [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Maximum Amount of Facility	6,997,000	'	'
Borrowings Outstanding	0	7,493,000	'
TD Bank, NA - term loan [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Maximum Amount of Facility	0	'	'
Borrowings Outstanding	0	1,250,000	'
Republic Bank - secured revolving credit facility [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Maximum Amount of Facility	3,500,000	'	'
Borrowings Outstanding	0	0	'
Total Corporate and Real Estate [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Borrowings Outstanding	0	8,743,000	'
Senior Notes [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Borrowings Outstanding	10,000,000	16,263,000	'
Mortgage debt [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Borrowings Outstanding	10,531,000	10,700,000	10,700,000
Other debt [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Borrowings Outstanding	812,000	548,000	'
Total corporate and real estate borrowings [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Borrowings Outstanding	21,343,000	36,254,000	'
Commercial Finance debt [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Borrowings Outstanding	0	177,800,000	'
Letters of Credit [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Outstanding letters of credit	$503,000	$503,000	'

BORROWINGS_Corporate_and_Real_

BORROWINGS (Corporate and Real Estate Debt) (Details) (USD $)

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Nov. 30, 2013

Jan. 31, 2012

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Minimum [Member]

Maximum [Member]

TD Bank, NA - secured revolving credit facility [Member]

TD Bank, NA - secured revolving credit facility [Member]

TD Bank, NA - secured revolving credit facility [Member]

TD Bank, NA - secured revolving credit facility [Member]

TD Bank, NA - secured revolving credit facility [Member]

TD Bank, NA - secured revolving credit facility [Member]

Letters of Credit [Member]

Letters of Credit [Member]

TD Bank, NA - term loan [Member]

TD Bank, NA - term loan [Member]

Republic Bank - secured revolving credit facility [Member]

Republic Bank - secured revolving credit facility [Member]

Republic Bank - secured revolving credit facility [Member]

Republic Bank - secured revolving credit facility [Member]

Republic Bank - secured revolving credit facility [Member]

Minimum [Member]

Maximum [Member]

The Bancorp, Inc. [Member]

RSO [Member]

RSO [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Prime rate basis spread on variable rate (in hundredths)

'

'

'

'

2.25%

'

'

'

'

'

'

'

'

'

'

'

1.00%

'

'

Description of variable rate basis

'

'

'

'

'LIBOR

'

'one month LIBOR

'six month LIBOR

'

'

'

'

'

'

'

'

'

'

'

Basis spread on variable rate

'

'

'

'

3.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

LIBOR borrowings floor interest rate (in hundredths)

'

'

'

'

6.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

LIBOR rate range

'

'

'1 month

'6 months

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unused facility fee (in hundredths)

'

'

'

'

0.50%

'

'

'

'

'

'

'

'

'

0.50%

0.25%

'

'

'

Line of credit facility commitment fee percentage on outstanding lines of credit (in hundredths)

'

'

'

'

5.25%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding letters of credit

'

'

'

'

'

'

'

'

'

'

$503,000

$503,000

'

'

'

'

'

'

'

Number of securities pledged (in shares)

'

'

'

'

'

'

'

'

18,972

1,935,337

'

'

'

'

'

'

'

'

700,000

Availability under the facility specified as a percentage of net present value of future management fees to be earned (in hundredths)

'

'

'

'

75.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Borrowings Outstanding

21,343,000

214,054,000

'

'

0

7,493,000

'

'

'

'

'

'

0

1,250,000

'

'

0

0

'

Availability on the line of credit facility

'

'

'

'

7,000,000

'

'

'

'

'

'

'

'

'

'

'

3,500,000

'

'

Repayments of outstanding term loan

'

'

'

'

1,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt weighted average borrowing

'

'

'

'

3,700,000

10,100,000

'

'

'

'

'

'

194,000

1,700,000

'

'

'

'

'

Weighted average borrowing rate (in hundredths)

'

'

'

'

6.00%

6.60%

'

'

'

'

'

'

6.00%

6.00%

'

'

'

'

'

Effective interest rate (in hundredths)

'

'

'

'

12.00%

10.50%

'

'

'

'

'

'

38.20%

12.90%

'

'

'

'

'

Amount of facility

'

'

'

'

$6,997,000

'

'

'

'

'

'

'

$0

'

'

'

$3,500,000

'

'

Prime borrowings floor interest rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4.50%

'

'

Percentage of appraised value of the real estate under maximum borrowing facility under option one

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

25.00%

'

'

Percentage of cash under maximum borrowing facility under option one

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

'

'

Percentage of market value of securities pledged under maximum borrowing facility under option one

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

75.00%

'

'

Percentage of cash under maximum borrowing facility under option two

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

'

'

Percentage of market value of securities pledged under maximum borrowing facility under option two

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

'

'

Expiration date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

28-Dec-16

'

'

BORROWINGS_Senior_Notes_Detail

BORROWINGS (Senior Notes) (Details) (USD $)	1 Months Ended	12 Months Ended
	Nov. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Debt Instrument [Line Items]	'	'	'
Loss on extinguishment of debt	'	2,190,000	'
Senior Notes [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Existing notes redeemed for cash	8,800,000	'	'
Remaining balance	10,000,000	'	'
Interest rate (in hundredths)	9.00%	'	12.00%
Detachable warrants term	'	'5 years	'
Shares of common stock issued on warrants (in shares)	'	3,690,195	'
Loss on extinguishment of debt	$2,200,000	'	'
Effective interest rate (in hundredths)	'	13.20%	22.20%

BORROWINGS_Notes_Payable_to_RS

BORROWINGS (Notes Payable to RSO and Other Debt- Real Estate and Corporate) (Details) (USD $)

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Aug. 31, 2011

Aug. 31, 2012

Aug. 31, 2010

Sep. 30, 2008

Sep. 30, 2011

Sep. 30, 2012

Dec. 31, 2011

Sep. 30, 2012

Mortgage debt [Member]

Mortgage debt [Member]

Mortgage debt [Member]

Term Notes [Member]

Term Notes [Member]

Term Notes [Member]

Term Notes [Member]

Term Notes [Member]

Capital Lease Obligations [Member]

Capital Lease Obligations [Member]

Note

Note

payments

Note

payments

payments

payments

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Borrowings

$21,343,000

$214,054,000

$10,531,000

$10,700,000

$10,700,000

$546,000

$901,000

$473,000

$615,000

$487,000

'

$325,000

Interest rate (in hundredths)

'

'

'

'

6.36%

'

'

'

'

'

'

'

Monthly payments

'

'

$71,331

'

'

$61,508

$102,200

$14,200

$69,773

'

$22,697

'

Number of notes issued

'

'

'

'

'

2

2

'

2

'

'

'

Number of payments

'

'

'

'

'

9

9

36

9

'

'

'

Periodic payment terms

'

'

'

'

'

'monthly

'monthly

'monthly

'monthly

'

'

'

Weighted average borrowing rate (in hundredths)

'

'

'

'

'

'

'

'

'

'

7.20%

'

Lease term

'

'

'

'

'

'

'

'

'

'

'2 years

'

BORROWINGS_Terminated_andor_Tr

BORROWINGS (Terminated and/or Transferred Facilities and Loans) (Details) (USD $)

12 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

2 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

2 Months Ended

12 Months Ended

2 Months Ended

12 Months Ended

1 Months Ended

2 Months Ended

1 Months Ended

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2011

Sep. 30, 2012

Nov. 30, 2007

Sep. 30, 2011

Sep. 30, 2011

Sep. 30, 2011

Sep. 30, 2011

Sep. 30, 2011

Nov. 16, 2011

Sep. 30, 2012

Oct. 28, 2011

Sep. 30, 2011

Dec. 31, 2010

Jan. 04, 2011

Nov. 16, 2011

Sep. 30, 2012

Sep. 30, 2011

Jan. 04, 2011

Nov. 16, 2011

Sep. 30, 2011

31-May-10

Aug. 31, 2012

Aug. 31, 2010

Sep. 30, 2008

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2008

Capital Lease Obligations [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Securitization of Leases and Loans [Member]

Securitization of Leases and Loans [Member]

Securitization of Leases and Loans [Member]

Bridge Loan [Member]

Bridge Loan [Member]

Guggenheim Revolving Warehouse Credit Facility [Member]

Guggenheim Revolving Warehouse Credit Facility [Member]

Guggenheim Revolving Warehouse Credit Facility [Member]

Guggenheim Revolving Warehouse Credit Facility [Member]

Guggenheim Revolving Warehouse Credit Facility [Member]

Series 2010 - 2 Term Securitization [Member]

Series 2010 - 2 Term Securitization [Member]

Series 2010 - 2 Term Securitization [Member]

Term Notes [Member]

Term Notes [Member]

Term Notes [Member]

Term Notes [Member]

Term Notes [Member]

Term Notes [Member]

Capital Lease Obligations [Member]

Capital Lease Obligations [Member]

LEAF [Member]

Capital Lease Obligations [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

Maximum [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

Maximum [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

Note

Note

payments

Note

Unsecured Debt [Member]

Capital Lease Obligations [Member]

Capital Lease Obligations [Member]

Note

LEAF [Member]

Note

LEAF [Member]

payments

payments

payments

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Securitization of leases and loans amount

'

'

'

'

'

'

'

'

'

'

'

'

'

$105,000,000

'

'

'

'

'

'

'

'

'

$120,000,000

'

'

'

'

'

'

Number of classes of notes issued

'

'

'

'

'

'

'

'

'

'

'

'

8

'

'

'

6

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rates on loans, minimum

6.00%

'

6.90%

'

'

'

5.10%

'

'

'

'

'

0.40%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rates on loans, maximum

18.00%

'

7.20%

'

'

'

7.40%

'

'

'

'

'

5.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt weighted average borrowing

'

'

'

'

'

'

'

'

'

'

'

42,700,000

'

'

8,700,000

'

'

68,800,000

'

40,400,000

'

70,100,000

62,500,000

'

'

'

'

'

'

'

Weighted average borrowing rate (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

2.60%

'

'

6.80%

'

'

4.20%

'

4.10%

'

5.10%

5.40%

'

'

'

'

'

'

'

Effective interest rate (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

5.60%

'

'

9.20%

'

'

5.10%

'

5.10%

'

8.50%

8.70%

'

'

'

'

'

'

'

Short-term bridge loan

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

21,800,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revolving credit facility, maximum borrowing capacity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

110,000,000

'

'

'

'

'

'

'

'

'

Description of variable rate basis

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'one month LIBOR

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding letters of credit

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

150,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Expiration date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

15-Dec-20

'

'

'

'

'

'

'

'

'

'

'

Mortgage loan on real estate

'

'

'

'

'

1,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate on mortgage (in hundredths)

'

'

'

8.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage loans on real estate, outstanding balance

'

'

'

1,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Periodic payment on mortgage

'

'

'

'

11,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Periodic payment terms

'

'

'

'

'monthly

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'monthly

'monthly

'monthly

'monthly

'

'

Number of notes issued

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2

2

'

2

'

'

Term of credit facility

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'3 years

Borrowings

214,054,000

21,343,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

546,000

901,000

473,000

615,000

487,000

'

Number of payments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

9

9

36

9

'

'

Monthly payments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

61,508

102,200

14,200

69,773

'

'

Capital leases, principal balance

'

'

'

'

'

'

$114,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Lease term

'

'

'

'

'

'

'

'2 years

'3 years

'3 years

'5 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

BORROWINGS_Debt_Repayments_Det

BORROWINGS (Debt Repayments) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Debt Disclosure [Abstract]	'	'
2013	$904	'
2014	10,284	'
2015	207	'
2016	219	'
2017	235	'
Thereafter	9,494	'
Total	$21,343	$214,054

COMPREHENSIVE_INCOME_LOSS_Chan

COMPREHENSIVE INCOME (LOSS) (Changes in Accumulated Other Comprehensive Income (Loss) by Category) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Sep. 30, 2010
Changes in Accumulated Other Comprehensive Income (Loss) by Category [Roll Forward]	'	'	'	'	'	'
Investment Securities Available-for-Sale balance, beginning of the year	$823	$447	'	'	'	'
Cash Flow Hedges balance, beginning of the year	-222	-171	'	'	'	'
Foreign Currency Translation Adjustments, beginning of the year	0	-368	'	'	'	'
SERP Pension Liability balance, beginning of the year	-2,970	-2,507	'	'	'	'
Total balance, beginning of the year	-2,369	-2,599	-1,709	-1,653	-1,773	'
Current period changes for investment securities available- for- sale	17	376	'	'	'	'
Current period changes for cash flow hedges	200	-51	'	'	'	'
Foreign currency translation gain (loss)	0	368	'	'	'	'
Current period changes for SERP pension liability	-74	-463	'	'	'	'
Current period changes, total	143	230	'	'	'	'
Investment Securities Available-for-Sale balance, end of the year	840	823	'	'	'	'
Cash Flow Hedges balance, end of the year	-22	-222	'	'	'	'
Foreign Currency Translation Adjustments, end of the year	0	0	'	'	'	'
SERP Pension Liability balance, end of the year	-3,044	-2,970	'	'	'	'
Total balance, end of the year	-2,226	-2,369	-1,709	-1,653	-1,773	'
Tax portion of investment securities available for sale in accumulated other comprehensive income	533	519	'	'	'	279
Tax portion of cash flow hedges in accumulated other comprehensive income	-15	-202	'	'	'	-146
Tax portion of foreign currency translation adjustments in accumulated other comprehensive income	0	0	'	'	'	0
Tax portion of SERP pension liability in accumulated other comprehensive income	($2,329)	($2,271)	'	'	'	($1,966)

DERIVATIVE_INSTRUMENTS_Narrati

DERIVATIVE INSTRUMENTS (Narrative) (Details) (USD $)	12 Months Ended							12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2011	Oct. 31, 2011
		contracts		Commercial Finance Investment Entities [Member]	Commercial Finance Investment Entities [Member]	LEAF [Member]	LEAF [Member]	LEAF [Member]	LEAF [Member]
							Cash Flow Hedging [Member]	Swap [Member]	Swap [Member]
								contracts	contracts
Derivative [Line Items]	'	'	'	'	'	'	'	'	'
Accumulated other comprehensive income (loss), net unrealized losses	$22,000	$222,000	$171,000	$9,000	$41,000	$13,000	'	$181,000	'
Accumulated other comprehensive income (loss), net unrealized losses, tax benefit	17,000	326,000	-1,481,000	6,000	28,000	9,000	'	223,000	'
Number of contracts	'	4	'	'	'	'	'	4	4
Gain (loss) on hedge ineffectiveness	'	0	'	'	0	'	'	'	'
Number of contracts terminated	'	'	'	'	'	'	'	'	3
Net liability position, net of accrued interest	'	'	'	'	'	'	404,000	'	'
Cash collateral posted as security for unfunded liability	'	'	'	'	'	'	$300,000	'	'

DERIVATIVE_INSTRUMENTS_Derriva

DERIVATIVE INSTRUMENTS (Derrivative Instruments Recorded at Fair Value) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2011
	contracts
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Notional Amount	$60,615
Termination Date of Swap	15-Mar-15
Derivative Liability Reported in Accrued Expenses and Other Liabilities	$404
Number of Contracts	4

NONCONTROLLING_INTERESTS_Detai

NONCONTROLLING INTERESTS (Details) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Activity in noncontrolling interests [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net income attributable to noncontrolling interests

'

'

'

'

'

$513

$513

$625

$1,275

$615

'

$1,138

$998

$1,651

$2,273

$223

$2,111

'

RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Activity in noncontrolling interests [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Noncontrolling interests, beginning of period

208

'

'

'

-870

-335

-3,474

'

'

'

'

'

'

'

'

-1,269

'

'

Net income attributable to noncontrolling interests

193

36

-45

39

460

513

513

625

'

'

383

1,138

'

'

'

223

2,111

3,224

Noncontrolling interest, end of period

'

208

'

'

-1,269

-870

-335

-3,474

'

'

'

-335

'

-870

'

208

-1,269

'

RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Activity in noncontrolling interests [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Noncontrolling interests, beginning of period

581,450

'

'

'

401,566

401,576

396,057

'

'

'

'

'

'

'

'

398,377

'

'

Net income attributable to noncontrolling interests

-367

-17,917

-15,945

-14,030

-400

-14,436

-8,868

-12,579

0

0

0

-21,447

0

-35,883

0

-62,520

-36,283

0

Noncontrolling interest, end of period

'

581,450

'

'

398,377

401,566

401,576

396,057

'

'

'

401,576

'

401,566

'

581,450

398,377

'

Noncontrolling Interests [Member] | RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Activity in noncontrolling interests [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Noncontrolling interests, beginning of period

'

'

'

'

'

'

'

-2,873

'

'

'

-2,873

'

-2,873

'

-1,269

-2,873

'

Net income attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-223

-2,111

'

Other comprehensive income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

49

-24

'

Proceeds from issuance of stock, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Amortization of stock based compensation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

40

'

Distributions to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-80

0

'

Deconsolidation of LEAF

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,648

'

'

Other

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

83

1

'

Exchange of LEAF Financial common stock held by management for LEAF common stock

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,467

'

LEAF common stock issuance costs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-221

'

Warrants issued to Guggenheim

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

452

'

Noncontrolling interest, end of period

'

208

'

'

-1,269

'

'

'

'

'

'

'

'

'

'

208

-1,269

'

Noncontrolling Interests [Member] | RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Activity in noncontrolling interests [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Noncontrolling interests, beginning of period

'

'

'

'

'

'

'

316,588

'

'

'

316,588

'

316,588

'

398,377

316,588

'

Net income attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

62,520

36,283

'

Other comprehensive income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,249

-12,409

'

Proceeds from issuance of stock, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

170,928

129,911

'

Amortization of stock based compensation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,636

2,526

'

Distributions to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74,243

-72,837

'

Related party debt forgiveness

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,552

'

Deconsolidation of LEAF

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Other

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-17

-133

'

Exchange of LEAF Financial common stock held by management for LEAF common stock

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

LEAF common stock issuance costs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

Warrants issued to Guggenheim

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

Noncontrolling interest, end of period

'

$581,450

'

'

$398,377

'

'

'

'

'

'

'

'

'

'

$581,450

$398,377

'

INCOME_TAXES_Provision_for_Inc

INCOME TAXES (Provision for Income Taxes) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
RAI [Member]	'	'	'
Current tax provision:	'	'	'
Federal	$0	$51	$1,379
State	959	574	535
Foreign	44	425	0
Total current tax provision	1,003	1,050	1,914
Deferred tax provision (benefit)	'	'	'
Federal	13,787	-4,668	-5,795
State	-1,278	-2,056	-223
Foreign	0	1,067	1,454
Total deferred tax provision (benefit)	12,509	-5,657	-4,564
Total income tax provision (benefit)	13,512	-4,607	-2,650
RSO [Member]	'	'	'
Deferred tax provision (benefit)	'	'	'
Total income tax provision (benefit)	14,602	12,036	0
Total [Member]	'	'	'
Deferred tax provision (benefit)	'	'	'
Total income tax provision (benefit)	$28,114	$7,429	($2,650)

INCOME_TAXES_Reconciliation_Be

INCOME TAXES (Reconciliation Between the Federal Statutory Income Tax Rate and the Company's Effective Income Tax Rate) (Details) (RAI [Member])	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
RAI [Member]	'	'	'
Reconciliation Between the Federal Statutory Income Tax Rate and the Company's Effective Income Tax Rate [Line Items]	'	'	'
Statutory tax rate	35.00%	35.00%	35.00%
State and local taxes, net of federal benefit	2.00%	13.00%	12.00%
Deconsolidation adjustment	-6.00%	0.00%	0.00%
Return permanent adjustments	0.00%	12.00%	-7.00%
Taxable foreign distributions	0.00%	-6.00%	0.00%
Valuation allowance for deferred tax assets	2.00%	-4.00%	-18.00%
Equity-based compensation expense	0.00%	-3.00%	-8.00%
Other items	1.00%	0.00%	-1.00%
Effective income tax rate	34.00%	47.00%	13.00%

INCOME_TAXES_Deferred_Tax_Acco

INCOME TAXES (Deferred Tax Account Balances) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010
In Thousands, unless otherwise specified
Deferred tax assets related to:	'	'	'	'	'
Federal, foreign, state and local operating loss carryforwards	$23,225	'	'	'	'
RAI [Member]	'	'	'	'	'
Deferred tax assets related to:	'	'	'	'	'
Federal, foreign, state and local operating loss carryforwards	23,225	23,594	'	'	'
Capital loss carryforwards	1,314	24,752	'	'	'
Unrealized loss on investments	2,118	2,164	'	'	'
Provision for credit losses	11,288	4,627	'	'	'
Accrued expenses	2,059	3,685	'	'	'
Employee stock option and restricted stock awards	906	1,242	'	'	'
Investments in real estate assets	1,076	41	'	'	'
Property and equipment basis differences	0	681	'	'	'
Total deferred tax assets	41,986	60,786	'	'	'
Less: Valuation allowance	-5,812	-4,858	'	'	'
Net deferred tax assets	36,174	55,928	'	'	'
Deferred tax liabilities related to:	'	'	'	'	'
Investments in partnership interests	-6,001	-12,013	'	'	'
Deferred income	-2,312	0	'	'	'
Property and equipment basis differences	-91	0	'	'	'
Net deferred tax liabilities	-8,404	-12,013	'	'	'
Total deferred tax assets	$27,770	$43,915	$39,784	$39,989	$36,625

INCOME_TAXES_Narrative_Details

INCOME TAXES (Narrative) (Details) (USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Operating Loss Carryforwards [Line Items]	'	'
Operating loss carryforwards	$215,300,000	'
Federal, foreign, state and local operating loss carryforwards	23,225,000	'
Operating loss carryforwards, expiration dates	'between fiscal 2012 and 2032	'
Operating loss carryforwards, expected amount to be utilized, tax effected benefit	18,800,000	'
Net operating loss carryforwards, valuation allowance	103,100,000	80,100,000
Tax effected expense	1,000,000	'
Valuation allowance, state timing differences	2,100,000	1,000,000
Valuation allowance, state timing differences, tax effect benefit	600,000	'
Maximum [Member]	'	'
Operating Loss Carryforwards [Line Items]	'	'
Operating loss carryforwards, expected amount to be utilized	112,200,000	'
Federal [Member]	'	'
Operating Loss Carryforwards [Line Items]	'	'
Operating loss carryforwards	38,500,000	'
State and Local [Member]	'	'
Operating Loss Carryforwards [Line Items]	'	'
Operating loss carryforwards	176,100,000	'
Foreign [Member]	'	'
Operating Loss Carryforwards [Line Items]	'	'
Operating loss carryforwards	$700,000	'

EARNINGS_LOSS_PER_SHARE_Narrat

EARNINGS (LOSS) PER SHARE (Narrative) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2010
			Stock Options [Member]	Stock Options [Member]	Warrants [Member]	Warrants [Member]	Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'	'	'	'
Antidilutive securities excluded from diluted EPS (in shares)	'	'	2,100,000	2,500,000	3,690,000	3,690,000	69,300
Weighted average exercise price per share (in dollars per share)	$16.12	$9.90	$9.90	$9.03	'	'	'
Exercise price of warrants (in dollars per share)	'	'	'	'	5.1	5.1	'
Outstanding restricted stock, fair value (id dollars per share)	'	'	'	'	'	'	$16.42

EARNINGS_LOSS_PER_SHARE_Reconc

EARNINGS (LOSS) PER SHARE (Reconciliation) (Details)

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Reconciliation of the components used in the computation of Basic and Diluted EPS [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

Basic shares outstanding (in shares)

'

'

19,076

'

'

18,689

'

'

'

'

19,740

19,525

18,942

Dilutive effect of outstanding stock options, warrants and director units (in shares)

'

'

'

'

'

'

'

'

'

'

894

'

'

Dilutive shares outstanding (in shares)

19,741

19,355

19,076

19,140

19,089

18,962

19,213

18,888

19,389

18,972

20,634

19,525

18,942

BENEFIT_PLANS_Narrative_Detail

BENEFIT PLANS (Narrative) (Details) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'	'
Number of employee stock option plans	4	'	'
Employee Stock Option [Member]	'	'	'
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'	'
Vesting percentage	25.00%	'	'
Expiration period	'10 years	'	'
Options granted	0	0	0
Total compensation cost not yet recognized	'	$45	$202
Stock or unit option plan expense	$45	$165	$226
Employee Stock Option [Member] | Maximum [Member]	'	'	'
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'	'
Expiration period	'10 years	'	'

BENEFIT_PLANS_Restricted_Stock

BENEFIT PLANS (Restricted Stock) (Details) (USD $)

1 Months Ended

12 Months Ended

Jan. 31, 2011

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Outstanding Restrickted Stock of LEAF Financial to Restrictes Stock of LEAF [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Outstanding Restricted Stock [Member]

Outstanding Restricted Stock [Member]

Outstanding Restricted Stock [Member]

LEAF and LEAF Financial Corporation [Member]

LEAF and LEAF Financial Corporation [Member]

LEAF and LEAF Financial Corporation [Member]

Accelerated Vesting of Awards for Certain Terminated Employees [Member]

Accelerated Vesting of Awards for Certain Terminated Employees [Member]

Accelerated Vesting of Awards for Certain Terminated Employees [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Awarded shares of restricted stock

'

33,143

214,568

399,156

'

'

'

'

'

'

'

'

'

Value of restricted stock awarded

'

$214,000

$1,400,000

$1,700,000

'

'

'

'

'

'

'

'

'

Equity-based compensation issued

'

'

'

'

0

94,000

57,000

'

'

'

1,200,000

1,900,000

2,700,000

Accelerated vesting of awards

'

'

'

'

'

'

'

$38,000

$33,000

$232,000

'

'

'

Restricted stock exchanged

1,000

'

'

'

'

'

'

'

'

'

'

'

'

BENEFIT_PLANS_Performancebased

BENEFIT PLANS (Performance-based Restricted Stock) (Details) (USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Restricted Stock [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Awarded shares of restricted stock	33,143	214,568	399,156
Performance-based Restrickted Stock [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Awarded shares of restricted stock	0	36,000	0
Equity-based compensation issued	38,000	0	96,000
Earned Performance-based Restricted Shares [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]	'	'	'
Outstanding, end of year	6,000	0	'
Unearned Performance-based Restricted Stock [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]	'	'	'
Outstanding, beginning of year	136,000	'	'
Awarded	0	'	'
Earned	-12,000	'	'
Forfeited	-100,000	'	'
Outstanding, end of year	24,000	'	'

BENEFIT_PLANS_Stock_Option_Act

BENEFIT PLANS (Stock Option Activity) (Details) (USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]	'	'
Outstanding, beginning of year	2,083,215	'
Granted	0	'
Exercised	-1,034,738	'
Forfeited and/or expired	-3,251	'
Outstanding, end of year	1,045,226	2,083,215
Exercisable, September 30, 2012	1,045,226	'
Available for grant	861,296	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]	'	'
Balance, beginning of year	$9.90	'
Granted	$0	'
Exercised	($3.58)	'
Forfeited and/or expired	($19.06)	'
Balance, end of year	$16.12	$9.90
Exercisable, September 30, 2012	$0	'
Balance, end of year, Weighted Average Contractual Life	'3 years	'2 years 6 months
Balance, end of year, Aggregate Intrinsic Value	$21,594	$1,636,000
2005 Plan [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]	'	'
Increase in shares authorized for grant	'	800,000

BENEFIT_PLANS_Nonvested_Stock_

BENEFIT PLANS (Nonvested Stock Options and Nonvested Restricted Units) (Details) (USD $)	12 Months Ended
	Sep. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]	'
Granted	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]	'
Granted	$0
Nonvested Stock Options [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]	'
Outstanding, beginning of year	22,687
Granted	0
Vested	-22,687
Forfeited and/or expired	0
Outstanding, end of year	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]	'
Outstanding, beginning of year	$3.48
Granted	$0
Vested	($3.48)
Forfeited and/or expired	$0
Outstanding, end of year	$0
Restricted Stock Units (RSUs) [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]	'
Outstanding, beginning of year	649,007
Granted	45,143
Vested and issued	-278,125
Forfeited and/or expired	-12,830
Outstanding, end of year	403,195
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]	'
Outstanding, beginning of year	$5.85
Granted	$6.42
Vested and issued	($6.86)
Forfeited and/or expired	($4.77)
Outstanding, end of year	$5.23

BENEFIT_PLANS_Deferred_Stock_a

BENEFIT PLANS (Deferred Stock and Deferred Compensation Plans) (Details) (USD $)	12 Months Ended							12 Months Ended
	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Apr. 29, 2012	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2012
	benefit_plans	Deferred Stock Units [Member]	Deferred Stock Units [Member]	Deferred Stock Units [Member]	Deferred Stock Units [Member]	Deferred Stock Units [Member]	Deferred Stock Units [Member]	Director Units [Member]
		1997 Director Plan [Member]	1997 Director Plan [Member]	2002 Director Plan [Member]	2002 Director Plan [Member]	2012 Director Plan [Member]	2012 Director Plan [Member]
							Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'
Number of non-employee directors plans	3	'	'	'	'	'	'	'
Share-based Compensation Arrangement Number of Shares per Unit Granted	1	'	'	'	'	'	'	'
Authorized units	'	173,450	'	'	173,450	'	200,000	'
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]	'	'	'	'	'	'	'	'
Outstanding, beginning of year	'	'	'	130,956	'	9,654	'	238,737
Granted	'	'	'	'	'	'	'	30,255
Issued	'	'	'	'	'	'	'	-19,612
Forfeited	'	'	'	'	'	'	'	-4,697
Outstanding, end of year	'	'	'	130,956	'	9,654	'	244,683
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Weighted Average Grant Date Fair Value [Roll Forward]	'	'	'	'	'	'	'	'
Balance, beginning of year	'	'	'	'	'	'	'	$6.56
Granted	'	'	'	'	'	'	'	$5.95
Issued	'	'	'	'	'	'	'	($6.88)
Forfeited	'	'	'	'	'	'	'	($4.79)
Balance, beginning of year	'	'	'	'	'	'	'	$6.38
Vested units	219,125	104,070	104,070	115,052	'	0	'	'
Vested units, weighted average grant date fair value	$6.41	'	'	'	'	'	'	'
Available for grant	190,346	'	'	'	'	'	'	'

BENEFIT_PLANS_Nonvested_Direct

BENEFIT PLANS (Nonvested Director Units) (Details) (Director Restricted Stock Units (RSUs) [Member], USD $)	12 Months Ended
	Sep. 30, 2012
Director Restricted Stock Units (RSUs) [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]	'
Outstanding, beginning of year	34,115
Granted	30,255
Vested and issued	-34,115
Forfeited	-4,697
Outstanding, end of year	25,558
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]	'
Outstanding, beginning of year	$6.38
Granted	$5.95
Vested	($6.38)
Forfeited	($4.79)
Outstanding, end of year	$6.16

BENEFIT_PLANS_Employee_Stock_O

BENEFIT PLANS (Employee Stock Ownership Plan, 401(k) and SERP)) (Details) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'
Age of employee	'21 years	'21 years	'	'	'
Hours of service completed	'1000 hours	'1000 hours	'	'	'
Period of employment	'	'1 year	'	'	'
Compensation expense	'	$0	$0	$0	'
Defined Contribution Plan, Minimum Service Level	'1000 hours	'1000 hours	'	'	'
Defined Contribution Plan, Minimum Employment Period	'1 year	'1 year	'	'	'
Benefit payments	'	838,000	838,000	'	'
Supplemental Employee Retirement Plan [Member] | Chief Executive Officer [Member]	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'
Benefit payments	'	838,000	'	'	'
Equity investment, stock, shares owned, value	1,000,000	1,000,000	'	'	'
Equity investment, stock, shares owned, number of shares	100,000	100,000	33,509	'	'
Anticipated funding to the plan	838,000	838,000	'	'	'
Supplemental Employee Retirement Plan [Member] | Maximum [Member] | Chief Executive Officer [Member]	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'
Benefits paid, period	'	'10 years	'	'	'
401 (k) [Member]	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'
Percent of matched deferrals to 401 (k)	'	'	'	'	50.00%
Maximum percent of deferrals of an employee's annual compensation for 401 (k)	'	'	'	'	10.00%
Percent of matching contributions that are vested	100.00%	'	'	'	'
Deferred compensation arrangement with individual, compensation expense	'	$465,000	$712,000	$1,100,000	'
Benefits paid, period	'	'5 years	'	'	'
First 3 % [Member]	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'
Percent of matched deferrals to 401 (k)	100.00%	100.00%	'	'	'
Next 2 % [Member]	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'
Percent of matched deferrals to 401 (k)	50.00%	50.00%	'	'	'

BENEFIT_PLANS_Components_of_Ne

BENEFIT PLANS (Components of Net Periodic Benefit Cost) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Interest costs	$325	$366	'
Supplemental Employee Retirement Plan [Member]	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Interest costs	325	366	430
Less: expected return on plan assets	-70	-66	-59
Plus: Amortization of unrecognized loss	378	298	263
Net cost	$633	$598	$634

BENEFIT_PLANS_Reconciliation_o

BENEFIT PLANS (Reconciliation of SERP Benefit Obligation and Fair Value of Plan Assets, Comprised Entirely of Equity Securities and Funded Status of Companys SERP Liability) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Compensation and Retirement Disclosure [Abstract]	'	'	'
Projected benefit obligation, beginning of year	$8,216	$7,626	'
Interest costs	325	366	'
Actuarial loss	847	1,062	'
Benefit payments	-838	-838	'
Projected benefit obligation, end of year	8,550	8,216	'
Fair value of plan assets, beginning of year	1,167	1,106	'
Actual gain on plan assets	407	61	'
Fair value of plan assets, end of year	1,574	1,167	'
Unfunded status	-6,976	-7,049	'
Unrecognized net actuarial loss	5,373	5,241	'
Net accrued cost	-1,603	-1,808	'
Accrued benefit liabilities	-6,976	-7,049	'
Accumulated other comprehensive loss	3,044	2,970	2,507
Deferred tax assets	2,329	2,271	'
Net liability recognized	-1,603	-1,808	'
Estimated net loss for the plan	$399	'	'

BENEFIT_PLANS_Fair_Value_of_Pa

BENEFIT PLANS (Fair Value of Paln Asset by Level Within the Fair Value Hierarchy) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
In Thousands, unless otherwise specified
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Fair value of plan assets	$1,574	$1,167	$1,106
Supplemental Employee Retirement Plan [Member] | Equity Securities - TBBK [Member]	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Fair value of plan assets	1,574	'	'
Supplemental Employee Retirement Plan [Member] | Equity Securities - TBBK [Member] | Level 1 [Member]	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Fair value of plan assets	1,574	'	'
Supplemental Employee Retirement Plan [Member] | Equity Securities - TBBK [Member] | Level 2 [Member]	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Fair value of plan assets	0	'	'
Supplemental Employee Retirement Plan [Member] | Equity Securities - TBBK [Member] | Level 3 [Member]	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Fair value of plan assets	$0	'	'

BENEFIT_PLANS_Expected_Benefit

BENEFIT PLANS (Expected Benefit Payment for SERP) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012
Defined Benefit Plan Disclosure [Line Items]	'
Defined Benefit Plan, Benefit Payment Period	'5 years
Supplemental Employee Retirement Plan [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Discount rate	2.90%
Expected return on assets	6.00%
2013	838
2014	827
2015	782
2016	757
2017	729
Thereafter	3,131
Total	7,064

CERTAIN_RELATIONSHIPS_AND_RELA2

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Receivables and Payables from Related Party) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011
Related Party Transaction [Line Items]	'	'
Receivables from managed entities and related parties	$34,418,000	$52,117,000
Payables to managed entities and related parties	4,349,000	1,010,000
Receivables from Managed Entities - Commercial Finance [Member]	'	'
Related Party Transaction [Line Items]	'	'
Reserves for credit losses	25,100,000	8,300,000
Number of investment entities that are not expected to be collectible	3	'
Real estate investment entities [Member]	'	'
Related Party Transaction [Line Items]	'	'
Reserves for credit losses	2,500,000	2,200,000
Number of real estate investment entities receivables that are not expected to be collectible	2	'
Payable to real estate investment entities, self insurance	2,900,000	'
Commercial Finance Investment Entities [Member]	'	'
Related Party Transaction [Line Items]	'	'
Receivables from managed entities and related parties	13,904,000	29,725,000
Real estate investment entities [Member]	'	'
Related Party Transaction [Line Items]	'	'
Receivables from managed entities and related parties	18,169,000	19,749,000
Payables to managed entities and related parties	3,900,000	1,010,000
Financial fund management investment entities [Member]	'	'
Related Party Transaction [Line Items]	'	'
Receivables from managed entities and related parties	2,193,000	2,540,000
Other [Member]	'	'
Related Party Transaction [Line Items]	'	'
Receivables from managed entities and related parties	152,000	103,000
Payables to managed entities and related parties	$449,000	$0

CERTAIN_RELATIONSHIPS_AND_RELA3

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Fees From Unconsolidated Investment Entities) (Details) (USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Number of entities owned by entity and co-managing partner	6	'	'
Commercial Finance, Four Investment Entities [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Amount waived of the fund management fees from commercial finance investment entities	$4,700,000	$8,100,000	$3,800,000
Trapeza entities [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Number of entities owned by entity and co-managing partner	2	'	2
Real estate [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Fees from unconsolidated investment entities	17,301,000	12,847,000	11,638,000
Discounts recorded	216,000	512,000	463,000
Financial fund management [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Fees from unconsolidated investment entities	3,183,000	4,391,000	3,445,000
Financial fund management [Member] | Trapeza entities [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Gain on repurchase of limited partner interest	'	'	2,300,000
Commercial Finance [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Fees from unconsolidated investment entities	0	0	10,637,000
CVC Credit Partners, L.P. [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Reimbursement of related party costs	1,866,000	0	0
Resource Real Estate Opportunity REIT Inc [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Reimbursement of related party costs	874,000	1,843,000	1,824,000
Dividends paid	14,000	0	0
LEAF [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Reimbursement of related party costs	288,000	0	0
Payment for sub-servicing the commercial finance investment partnerships	-2,172,000	0	0
Payment for rent and related costs	-686,000	0	0
1845 Walnut Associates Ltd. [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Payment for rent and operating expenses	-637,000	-706,000	-567,000
Brandywine Construction & Management, Inc. [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Payment for property management of hotel property	-216,000	-203,000	-197,000
Atlas Energy, L.P. [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Reimbursement of related party costs	634,000	1,070,000	871,000
Ledgewood P.C. [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Payment for legal services	-564,000	-555,000	-295,000
Graphic Images, LLC [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Payment for printing services	-216,000	-111,000	-94,000
The Bancorp, Inc. [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Reimbursement of related party costs	135,000	34,000	0
9 Henmar LLC [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Payment of broker/consulting fees	($46,000)	($50,000)	($55,000)
9 Henmar LLC [Member] | Trapeza entities [Member]	'	'	'
Fees from unconsolidated investment entities: [Abstract]	'	'	'
Number of entities owned by entity and co-managing partner	4	'	'

CERTAIN_RELATIONSHIPS_AND_RELA4

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Relationship with RSO) (Details) (USD $)

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Dec. 31, 2012

Dec. 31, 2011

Feb. 28, 2011

Jan. 31, 2011

Sep. 30, 2010

Sep. 30, 2012

Feb. 28, 2011

Sep. 30, 2010

Sep. 30, 2010

Maximum [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

CVC Credit Partners, L.P. [Member]

holding

Commercial Finance [Member]

Maximum [Member]

Related Party Transaction [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Term of management agreement

'

'

'

'

'

'

'

'

'1 year

'

'

'

Base management fee as a percent of equity

0.08%

'

'

'

'

'

'

'

'

'

'

'

Number of CLOs holding

'

'

'

'

'

'

'

'

'

5

'

'

ColataCLOs in bank loans

'

'

'

'

'

'

'

'

'

$1,700,000,000

'

'

Percent of base and additional collateral management fees permited to be paid

'

'

'

'

'

10.00%

'

'

'

'

'

'

Percent of incentive collateral management fees permited to be paid

'

'

'

'

'

50.00%

'

'

'

'

'

'

Amount funded

'

'

'

0

13,600,000

'

'

'

'

'

'

'

Borrowings

21,343,000

214,054,000

'

'

'

'

'

'

'

'

'

'

Acquisition fees, percentage

'

'

2.00%

'

'

'

1.00%

'

'

'

'

'

Servicing fees, assets

'

'

'

'

'

'

1.00%

'

'

'

'

'

Loans and leases receivable, amount sold

'

'

'

'

'

'

'

116,000,000

'

'

'

'

Acquisition and servicing fees, loss recognized

'

'

'

'

'

'

'

7,500,000

'

'

'

'

Estimated reserve for acquisition and servicing fees

'

'

'

'

'

'

'

3,000,000

'

'

'

'

Loans and leases receivable, amount

'

'

'

'

'

'

'

'

'

'

'

5,900,000

Servicing liabilities at fair value

'

'

'

'

'

'

'

'

'

'

2,500,000

'

Write-off of unreimbursed capitalized cost

'

'

'

'

'

'

'

2,000,000

'

'

'

'

Loans and leases receivable, additional amount sold

'

'

'

'

'

'

'

10,300,000

'

'

'

'

Repurchase of loans and leases

'

'

'

'

'

'

'

$140,000

'

'

'

'

CERTAIN_RELATIONSHIPS_AND_RELA5

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Relationship with CVC Credit Partners) (Details) (USD $)	Feb. 28, 2011	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2012	Feb. 28, 2011
	RSO [Member]	CVC Credit Partners, L.P. [Member]	CVC Credit Partners, L.P. [Member]	CVC Credit Partners, L.P. [Member]	CVC Credit Partners, L.P. [Member]
	holding		Parent [Member]	Parent [Member]	RSO [Member]
			Limited Partner [Member]	General Partner [Member]
Related Party Transaction [Line Items]	'	'	'	'	'
Percentage interest in limited partnership formed	'	'	33.00%	'	'
Company's general partnership interest in newly formed limited partnership (in hundredths)	'	'	'	33.00%	'
Ownership percentage, minimum required to serve as Chairman (in hundredths)	'	10.00%	'	'	'
Minimum ownership interest for the Company to consent to most transactions (in hundredths)	'	25.00%	'	'	'
Number of CLOs holding	5	'	'	'	'
ColataCLOs in bank loans	$1,700,000,000	'	'	'	'
Percent of base and additional collateral management fees permited to be paid	'	'	'	'	10.00%
Percent of incentive collateral management fees permited to be paid	'	'	'	'	50.00%
Monthly reimbursement of costs and expenses	'	$94,000	'	'	'

CERTAIN_RELATIONSHIPS_AND_RELA6

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Sub-servicing Agreements with LEAF and Transaction between LEAF Financial and its Investment Entities) (Details) (USD $)	12 Months Ended			12 Months Ended		12 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2012	Sep. 30, 2012	Nov. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
	LEAF Financial, Inc. [Member]	LEAF Financial, Inc. [Member]	LEAF Financial, Inc. [Member]	LEAF [Member]	LEAF [Member]	LEAF Financial, Inc. and LEAF Commercial Capital, Inc. [Member]	LEAF Financial, Inc. and LEAF Commercial Capital, Inc. [Member]	LEAF Financial, Inc. and LEAF Commercial Capital, Inc. [Member]
			Maximum [Member]		Maximum [Member]
Related Party Transaction [Line Items]	'	'	'	'	'	'	'	'
Sub-servicing agreement fees as percent of net present value of loans and leases	'	'	1.00%	'	'	'	'	'
Evaluation fee equal to number of halves of acquisition or similar fee collected	'	'	'	50.00%	'	'	'	'
Origination fee, percentage	'	'	'	'	2.00%	'	'	'
Sales to related party	'	'	'	'	'	$1,500,000	$821,000	$65,900,000
Purchases from related party	$0	$6,000,000	'	'	'	'	'	'

CERTAIN_RELATIONSHIPS_AND_RELA7

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Relationships with RRE Opportunity REIT, Atlas Energy, L.P. and 1845 Walnut Associates Ltd.) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011	Jun. 17, 2011	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2012	Oct. 31, 2012
			Resource Real Estate Opportunity REIT Inc [Member]	Resource Real Estate Opportunity REIT Inc [Member]	Atlas Energy, L.P. [Member]	Eighteen Forty Five Walnut Associates Ltd [Member]	Eighteen Forty Five Walnut Associates Ltd [Member]
							Subsequent Event [Member]
							sqft
Related Party Transaction [Line Items]	'	'	'	'	'	'	'
Receivables from managed entities and related parties, net	$34,418,000	$52,117,000	'	$138,000	$52,000	'	'
Notes receivable, related party	'	'	1,400,000	'	'	'	'
Interest rate (in hundredths)	'	'	6.50%	'	'	'	'
Maturity term	'	'	'6 months	'	'	'	'
Equity interest, ownership percentage	'	'	'	'	'	5.00%	'
Lease term	'	'	'	'	'	'	'10 years
Area of real estate property	'	'	'	'	'	'	28,930
Payments for tenant improvements	'	'	'	'	'	'	$1,400,000
Potential extended additional term	'	'	'	'	'	'	'5 years

CERTAIN_RELATIONSHIPS_AND_RELA8

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Relationships with Retirement Trusts (Details) (USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Supplemental Employee Retirement Plan [Member] | Chief Executive Officer [Member]	'	'
Related Party Transaction [Line Items]	'	'
Equity investment, stock, shares owned, number of shares	100,000	33,509
Equity investment, stock, shares owned, value	1,000,000	'
Retirement Trusts [Member] | Supplemental Employee Retirement Plan [Member] | Chief Executive Officer [Member]	'	'
Related Party Transaction [Line Items]	'	'
Number of trust to fund SERP	2	'
Equity investment, stock, shares owned, value	1,000,000	'
Stock shares held in trust, value	'	240,000
Net liability recognized	6,976,000	'
The Bancorp, Inc. [Member]	'	'
Related Party Transaction [Line Items]	'	'
Number of shares sold that were held in trust (in shares)	33,509	90,210
Chief Executive Officer [Member] | The Bancorp, Inc. [Member] | Supplemental Employee Retirement Plan [Member]	'	'
Related Party Transaction [Line Items]	'	'
Number of shares sold that were held in trust (in shares)	33,509	33,509
Stock shares held in trust, value	'	240,000

CERTAIN_RELATIONSHIPS_AND_RELA9

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Relationship with 9 Henmar LLC ("9 Hnamer") (Details)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2010
	Entity	Entity
Related Party Transaction [Line Items]	'	'
Number of entities owned by entity and co-managing partner	6	'
Trapeza entities [Member]	'	'
Related Party Transaction [Line Items]	'	'
Number of entities owned by entity and co-managing partner	2	2
9 Henmar LLC [Member]	'	'
Related Party Transaction [Line Items]	'	'
Percent of fees collected as payment to entity	10.00%	'
9 Henmar LLC [Member] | Trapeza entities [Member]	'	'
Related Party Transaction [Line Items]	'	'
Number of entities owned by entity and co-managing partner	4	'

Recovered_Sheet3

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Relationship with TBBK) (Details) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Related Party Transaction [Line Items]	'	'	'
Realized gains	$909	'	'
The Bancorp, Inc. [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Number of shares sold that were held in trust (in shares)	33,509	90,210	'
Proceeds from sale of loans and investments	262	790	'
Realized gains	22	186	'
Cash	41	41	'
The Bancorp, Inc. [Member] | LEAF Financial, Inc. [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Bank Fees Paid	$0	$5	$13

Recovered_Sheet4

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Relationship with Certain Directors, Officers, Employees and Other Related Parties) (Details) (Certain Directors, Officers, Employees and other Related Parties [Member])	12 Months Ended
	Sep. 30, 2012
	Partnership
Related Party Transaction [Line Items]	'
Number of partnerships in which the company serves as general partner	7
Carried interest received upon meeting specific investor return rates	20.00%
Carried interest earned by any individuals	0.00%
Four Partnerships [Member]	'
Related Party Transaction [Line Items]	'
Number of partnerships in which the company serves as general partner	4
Percent participation authorized from carried interest	48.50%
Number of individuals entitled to carried interest	9
Four Partnerships [Member] | Chief Executive Officer [Member]	'
Related Party Transaction [Line Items]	'
Percent participation authorized from carried interest	10.00%
Four Partnerships [Member] | Employees [Member]	'
Related Party Transaction [Line Items]	'
Percent participation authorized from carried interest	38.50%
Number of individuals entitled to carried interest	4
Three Partnerships [Member]	'
Related Party Transaction [Line Items]	'
Number of partnerships in which the company serves as general partner	3
Percent participation authorized from carried interest	50.00%
Number of individuals entitled to carried interest	6
Three Partnerships [Member] | Employees [Member]	'
Related Party Transaction [Line Items]	'
Percent participation authorized from carried interest	50.00%
Number of individuals entitled to carried interest	5

Recovered_Sheet5

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Relationship with Brandywine Construction & Management, Inc. (“BCMI”)) (Details) (USD $)	1 Months Ended			1 Months Ended
	Nov. 30, 2012	Mar. 31, 2008	Sep. 30, 2012	Nov. 30, 2012
		Brandywine Construction & Management, Inc. (BCMI) [Member]	Brandywine Construction & Management, Inc. (BCMI) [Member]	Brandywine Construction & Management, Inc. (BCMI) [Member]
			Real_Estate_Investment_Trust	Subsequent Event [Member]
Related Party Transaction [Line Items]	'	'	'	'
Number of entites managed by related parties	'	'	1	'
Interest owned in indirect subsidiaries, percent sold	'	19.99%	'	'
Amount received from selling a portion of interest in real estate investment	'	$1,000,000	'	'
Interest owned in indirect subsidiaries, selling fees	'	130,000	'	'
Gain on sale of investments	831,000	612,000	'	'
Amount received per 1% of interest purchased	'	50,000	'	'
Interest owned in indirect subsidiaries, future sales increments	'	1.00%	'	'
Payment for printing services	'	'	'	$95,000

Recovered_Sheet6

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Advances to Affiliated Real Estate Limited Partnership) (Details) (Affiliated Real Estate Limited Partnership [Member], USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Affiliated Real Estate Limited Partnership [Member]	'	'
Related Party Transaction [Line Items]	'	'
Maximum revolving note, related party	'	$3,000,000
Revolving note, related party	'	2,000,000
Interest rate description	'	'bearing interest at the prime rate
Notes receivable, related party	2,400,000	2,200,000
Other revenues from transactions with related party	$56,000	$69,000

FAIR_VALUE_Narrative_Details

FAIR VALUE (Narrative) (Details) (USD $)	12 Months Ended
	Sep. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Estimated recovery percentage (in hundredths)	12.40%
Minimum period purchaser can return defaulted leases and loans after sale (in months)	'6 months
Maximum period purchaser can return defaulted leases and loans after sale (in months)	'48 months
Minimum past due days to consider leases and loans impaired (in days)	'90 days
Investment in LEAF [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Valuation of company's investment	1,700,000
Non-recurring Basis [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investment in CVC Credit Partners	28,600,000
Fair value of the Company's investment in the preferred shares	6,792,000
Future incentive management fees	589,000
Maximum [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Past Due Receivable, Days Outstanding to Fully Reserve Balance	'180 days
Level 3 [Member] | Non-recurring Basis [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investment in CVC Credit Partners	28,600,000
Fair value of the Company's investment in the preferred shares	6,792,000
Future incentive management fees	589,000

FAIR_VALUE_Assets_and_Liabilit

FAIR VALUE (Assets and Liabilities Recorded at Fair Value on Recurring Basis) (Details) (Recurring Basis [Member], USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Assets:	'	'
Investments securities	$7,030	$2,732
Retained financial interest, commercial finance	'	22
Total assets at fair value	'	2,754
Liabilities:	'	'
Interest rate swap	'	404
Level 1 [Member]	'	'
Assets:	'	'
Investments securities	195	376
Retained financial interest, commercial finance	'	0
Total assets at fair value	'	376
Liabilities:	'	'
Interest rate swap	'	0
Level 2 [Member]	'	'
Assets:	'	'
Investments securities	0	0
Retained financial interest, commercial finance	'	0
Total assets at fair value	'	0
Liabilities:	'	'
Interest rate swap	'	404
Level 3 [Member]	'	'
Assets:	'	'
Investments securities	6,835	2,356
Retained financial interest, commercial finance	'	22
Total assets at fair value	'	2,378
Liabilities:	'	'
Interest rate swap	'	$0

FAIR_VALUE_Additional_Informat

FAIR VALUE (Additional Information About Assets Which Were Measured at Fair Value on a Recurring Basis Utilizing Level 3 Inputs) (Details) (Recurring Basis [Member], Level 3 [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011
Investment Securities [Member]	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Beginning balance	$2,356	$6,223
Purchases	7,570	'
Purchases, sales, issuances and settlements, net	'	-2,946
Income accreted	823	948
Payments and distributions received	-2,827	-861
Sales	-2,999	'
Impairment recognized in earnings	-74	'
Loss on sale of investment securities, net	'	-1,470
Gains on sales of trading securities	909	'
Unrealized holding gain on trading securities	1,108	'
Deconsolidation of LEAF	0	'
Change in unrealized losses - included in accumulated other comprehensive loss	-31	462
Ending balance	6,835	2,356
Retained Financial Interest [Member]	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Beginning balance	22	273
Purchases	0	'
Purchases, sales, issuances and settlements, net	'	0
Income accreted	0	0
Payments and distributions received	0	-251
Sales	0	'
Impairment recognized in earnings	0	'
Loss on sale of investment securities, net	'	0
Gains on sales of trading securities	0	'
Unrealized holding gain on trading securities	0	'
Deconsolidation of LEAF	-22	'
Change in unrealized losses - included in accumulated other comprehensive loss	0	0
Ending balance	$0	$22

FAIR_VALUE_Quantitative_Inputs

FAIR VALUE (Quantitative Inputs and Assumptions Used in Determining the Fair Value of Items Categorized in Level 3) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Investment securities available-for-sale	$3,966	$2,492
Constant default rate (in hundredths)	2.00%	'
Loss severity rate (in hundredths)	30.00%	'
Constant prepayment rate (in hundredths)	25.00%	'
Reinvestment price on collateral (in hundredths)	99.00%	'
Discount rate (in hundredths)	20.00%	'
Collateralized Debt Obligations [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Investment securities available-for-sale	$3,771	$2,356

FAIR_VALUE_Changes_in_Carrying

FAIR VALUE (Changes in Carrying Value of Assets and Liabilities Measured at Fair Value on a Non-recurring Basis) (Details) (Non-recurring Basis [Member], USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Assets:	'	'
Receivables from managed entities - commercial finance and real estate	$16,752	$18,941
Investment in commercial finance - impaired loans and leases	'	310
Investment in real estate	727	'
Investment in CVC Credit Partners	28,600	'
Investment in Apidos- CVC preferred equity	6,792	'
Investment in LEAF	1,749	'
Total	55,526	19,251
Liabilities:	'	'
Apidos contractual commitment	589	'
Guggenheim - secured revolving credit facility	'	49,266
Office Building [Member]	'	'
Assets:	'	'
Investment in real estate	906	'
Level 1 [Member]	'	'
Assets:	'	'
Receivables from managed entities - commercial finance and real estate	0	0
Investment in commercial finance - impaired loans and leases	'	0
Investment in real estate	0	'
Investment in CVC Credit Partners	0	'
Investment in Apidos- CVC preferred equity	0	'
Investment in LEAF	0	'
Total	0	0
Liabilities:	'	'
Apidos contractual commitment	0	'
Guggenheim - secured revolving credit facility	'	0
Level 1 [Member] | Office Building [Member]	'	'
Assets:	'	'
Investment in real estate	0	'
Level 2 [Member]	'	'
Assets:	'	'
Receivables from managed entities - commercial finance and real estate	0	0
Investment in commercial finance - impaired loans and leases	'	0
Investment in real estate	727	'
Investment in CVC Credit Partners	0	'
Investment in Apidos- CVC preferred equity	0	'
Investment in LEAF	0	'
Total	727	0
Liabilities:	'	'
Apidos contractual commitment	0	'
Guggenheim - secured revolving credit facility	'	0
Level 2 [Member] | Office Building [Member]	'	'
Assets:	'	'
Investment in real estate	0	'
Level 3 [Member]	'	'
Assets:	'	'
Receivables from managed entities - commercial finance and real estate	16,752	18,941
Investment in commercial finance - impaired loans and leases	'	310
Investment in real estate	0	'
Investment in CVC Credit Partners	28,600	'
Investment in Apidos- CVC preferred equity	6,792	'
Investment in LEAF	1,749	'
Total	54,799	19,251
Liabilities:	'	'
Apidos contractual commitment	589	'
Guggenheim - secured revolving credit facility	'	49,266
Level 3 [Member] | Office Building [Member]	'	'
Assets:	'	'
Investment in real estate	$906	'

FAIR_VALUE_Fair_Value_of_Finan

FAIR VALUE (Fair Value of Financial Instruments, Excluding Instruments Valued on a Recurring Basis) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Carrying Amount [Member]	'	'
Assets:	'	'
Receivables from managed entities	$34,418	$52,117
Investments in commercial finance- loans held for investment	0	19,640
Total assets at fair value	34,418	71,757
Borrowings:	'	'
Total liabilities at fair value	21,343	214,054
Carrying Amount [Member] | Real Estate Debt [Member]	'	'
Borrowings:	'	'
Real estate debt	10,531	10,700
Carrying Amount [Member] | Senior Notes [Member]	'	'
Borrowings:	'	'
Senior Notes	10,000	16,263
Carrying Amount [Member] | Corporate Secured Credit Facilities and Note [Member]	'	'
Borrowings:	'	'
Corporate secured credit facilities and note	0	8,743
Carrying Amount [Member] | Other debt [Member]	'	'
Borrowings:	'	'
Other debt	812	2,102
Carrying Amount [Member] | Commercial Finance debt [Member]	'	'
Borrowings:	'	'
Commercial finance debt	0	176,246
Estimated Fair Value [Member]	'	'
Assets:	'	'
Receivables from managed entities	34,418	36,526
Investments in commercial finance- loans held for investment	0	19,550
Total assets at fair value	34,418	56,076
Borrowings:	'	'
Total liabilities at fair value	23,730	214,331
Estimated Fair Value [Member] | Real Estate Debt [Member]	'	'
Borrowings:	'	'
Real estate debt	11,554	10,700
Estimated Fair Value [Member] | Senior Notes [Member]	'	'
Borrowings:	'	'
Senior Notes	11,364	17,438
Estimated Fair Value [Member] | Corporate Secured Credit Facilities and Note [Member]	'	'
Borrowings:	'	'
Corporate secured credit facilities and note	0	8,743
Estimated Fair Value [Member] | Other debt [Member]	'	'
Borrowings:	'	'
Other debt	812	1,204
Estimated Fair Value [Member] | Commercial Finance debt [Member]	'	'
Borrowings:	'	'
Commercial finance debt	$0	$176,246

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
	Tenant_in_Common
	Entity
	Partnership
Loss Contingencies [Line Items]	'	'	'
Rent expense, net of subleases	$1,700,000	$2,600,000	$3,200,000
Limited loan guarantee [Abstract]	'	'	'
Number of partnerships	2	'	'
Maximum guarantee provided by the company	7,300,000	'	'
Clawback liability [Abstract]	'	'	'
Number of entities owned by entity and co-managing partner	6	'	'
Clawback liability	1,181,000	1,181,000	'
Legal proceedings [Abstract]	'	'	'
Notes purchased	20,000,000	'	'
Real estate commitments [Abstract]	'	'	'
Investment commitment (in hundredths)	1.00%	'	'
Original maximum investment commitment	2,500,000	'	'
Outstanding commitment	1,100,000	'	'
Number of Tenant in Common programs	1	'	'
Maximum fund for capital improvements	1,900,000	'	'
Period for capital improvement	'2 years	'	'
Advance for capital improvements	1,700,000	'	'
Trapeza entities [Member]	'	'	'
Clawback liability [Abstract]	'	'	'
Number of entities owned by entity and co-managing partner	2	'	2
Potential clawback liabilities	4,400,000	'	'
Contribution towards potential clawback liabilities	2,200,000	'	'
Contribution towards potential clawback liabilities (in hundredths)	50.00%	'	'
Clawback liability	1,200,000	1,200,000	'
LEAF [Member]	'	'	'
LEAF lease valuation commitment [Abstract]	'	'	'
Floor value of equity for shortfall obligation	18,700,000	'	'
Maximum testing date for obligation (in days)	'90 days	'	'
LEAF I [Member]	'	'	'
Limited loan guarantee [Abstract]	'	'	'
Maturity date of debt	20-Mar-14	'	'
Maximum guarantee provided by the company	2,300,000	'	'
Amount of lender discount	250,000	'	'
LEAF II [Member]	'	'	'
Limited loan guarantee [Abstract]	'	'	'
Maturity date of debt	21-Dec-13	'	'
Maximum guarantee provided by the company	5,000,000	'	'
Amount of lender discount	347,500	'	'
Resource Securities [Member]	'	'	'
Broker-dealer capital requirement	'	'	'
Minimum net capital required	100,000	100,000	'
Net capital	447,000	254,000	'
Minimum requirement of net capital exceeded by	$347,000	$154,000	'
New York Lease Property [Member]	'	'	'
Loss Contingencies [Line Items]	'	'	'
Potential extended additional term	'5 years	'	'
Philadelphia Lease Property [Member]	'	'	'
Loss Contingencies [Line Items]	'	'	'
Potential extended additional term	'5 years	'	'
Number of operating leases	1	'	'
Number of options to extend lease term	1	'	'

COMMITMENTS_AND_CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Future Minimum Rental Commitments) (Details) (USD $)	Sep. 30, 2012
In Thousands, unless otherwise specified
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]	'
2013	$1,802
2014	2,000
2015	2,043
2016	2,064
2017	1,994
Thereafter	7,537
Total	17,440
Capital Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]	'
2013	250
2014	91
2015	0
2016	0
2017	0
Thereafter	0
Total	341
Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]	'
2013	2,052
2014	2,091
2015	2,043
2016	2,064
2017	1,994
Thereafter	7,537
Total	$17,781

DISCONTINUED_OPERATIONS_Narrat

DISCONTINUED OPERATIONS (Narrative) (Details) (USD $)

0 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Mar. 17, 2011

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Discontinued Operations and Disposal Groups [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Present value of accrued payout due to owner

$3,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Loss from discontinued operations, net of tax

2,200,000

20,000

8,000

14,000

16,000

26,000

23,000

2,153,000

0

1,000

2,000

2,153,000

2,000

2,176,000

3,000

58,000

2,202,000

-622,000

Real estate loan commitment

'

'

$862,000

'

'

$2,147,000

'

'

'

'

'

'

'

'

'

$862,000

$2,147,000

'

DISCONTINUED_OPERATIONS_Summar

DISCONTINUED OPERATIONS (Summarized Operating Results) (Details) (USD $)	3 Months Ended				6 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2011	Mar. 31, 2011	Jun. 30, 2010	Mar. 31, 2010	Mar. 31, 2011	Mar. 31, 2010	Jun. 30, 2011	Jun. 30, 2010	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Discontinued Operations and Disposal Groups [Abstract]	'	'	'	'	'	'	'	'	'	'	'
(Loss) income from discontinued operations	'	($3,400)	'	'	'	'	'	'	($90)	($3,387)	$622
Benefit for income taxes	'	'	'	'	'	'	'	'	32	1,185	0
(Loss) income from discontinued operations, net of tax	($23)	($2,153)	($1)	($2)	($2,153)	($2)	($2,176)	($3)	($58)	($2,202)	$622

OPERATING_SEGMENTS_Narrative_D

OPERATING SEGMENTS (Narrative) (Details) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Segment

Revenues from External Customers and Long-Lived Assets [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of reportable operating segments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3

'

'

Revenues

$39,374,000

$47,889,000

$35,811,000

$39,996,000

$42,430,000

$45,944,000

$43,276,000

$35,282,000

$25,238,000

$19,400,000

$25,422,000

$78,558,000

$44,822,000

$124,502,000

$70,060,000

$170,900,000

$166,932,000

$88,728,000

Net gain on sale of management contracts

'

'

'

'

'

'

'

5,100,000

'

'

'

'

'

'

'

'

5,100,000

'

Total assets

'

2,644,263,000

'

'

2,636,985,000

2,499,477,000

2,289,368,000

2,143,064,000

'

'

'

2,289,368,000

'

2,499,477,000

'

2,644,263,000

2,636,985,000

234,253,000

European Operations [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues from External Customers and Long-Lived Assets [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

2,300,000

Total assets

'

$726,000

'

'

$5,400,000

'

'

'

'

'

'

'

'

'

'

$726,000

$5,400,000

$7,100,000

RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues from External Customers and Long-Lived Assets [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of Operating Segments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1

'

'

OPERATING_SEGMENTS_Summarized_

OPERATING SEGMENTS (Summarized Operating Segment) (Details) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Segment Reporting Information [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues from external customers

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$167,461,000

$156,555,000

'

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,439,000

10,377,000

'

Total revenues

39,374,000

47,889,000

35,811,000

39,996,000

42,430,000

45,944,000

43,276,000

35,282,000

25,238,000

19,400,000

25,422,000

78,558,000

44,822,000

124,502,000

70,060,000

170,900,000

166,932,000

88,728,000

Segment operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-96,659,000

-99,276,000

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-365,000

'

'

General and administrative expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-10,460,000

-11,522,000

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

37,000

659,000

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,280,000

'

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-17,246,000

-10,661,000

-5,209,000

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-3,653,000

-10,739,000

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,520,000

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,291,000

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190,000

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,000

-1,198,000

'

Impairment loss recognized in earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74,000

'

'

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-4,741,000

-15,343,000

'

Other income (expense), net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,353,000

3,868,000

'

Pretax loss (income) attributable to noncontrolling interests (2)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-62,168,000

-33,222,000

'

Income (loss) including noncontrolling interest before intercompany interest expense and taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

53,808,000

-3,982,000

'

Intercompany interest (expense) income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Income (loss) from continuing operations including noncontrolling interests before taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

53,808,000

-3,982,000

'

Total assets

'

2,644,263,000

'

'

2,636,985,000

2,499,477,000

2,289,368,000

2,143,064,000

'

'

'

2,289,368,000

'

2,499,477,000

'

2,644,263,000

2,636,985,000

234,253,000

RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Segment Reporting Information [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

1,427,000

'

'

3,405,000

1,944,000

3,441,000

9,367,000

4,098,000

3,439,000

10,377,000

4,870,000

Gain on sale of leases and loans

'

'

'

'

'

'

'

11,000

'

'

-582,000

263,000

-551,000

357,000

-7,705,000

37,000

659,000

-8,097,000

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

0

-297,000

0

-364,000

-2,280,000

0

-2,828,000

Provision for credit losses

'

'

'

'

'

'

'

-2,405,000

'

'

-776,000

-5,124,000

-1,986,000

-8,600,000

-3,414,000

-17,246,000

-11,460,000

-5,209,000

Gain on sale of management contract

'

'

'

'

'

'

'

6,520,000

'

'

0

6,520,000

0

6,520,000

0

0

6,520,000

0

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,291,000

0

0

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190,000

0

0

Impairment loss recognized in earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74,000

0

-809,000

Operating Segments [Member] | Real Estate [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Segment Reporting Information [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues from external customers

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

38,162,000

30,275,000

31,042,000

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,433,000

8,105,000

869,000

Total revenues

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

40,595,000

38,380,000

31,911,000

Segment operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-29,669,000

-24,465,000

-20,780,000

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-356,000

-327,000

-316,000

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,280,000

'

0

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-342,000

-2,193,000

-49,000

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,303,000

-1,279,000

-1,304,000

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Impairment loss recognized in earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

0

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-856,000

-1,109,000

-1,074,000

Loss on sale of loans and investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

Other income (expense), net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

522,000

544,000

387,000

Pretax loss (income) attributable to noncontrolling interests (2)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,000

52,000

61,000

Income (loss) including noncontrolling interest before intercompany interest expense and taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,316,000

9,603,000

8,836,000

Intercompany interest (expense) income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Income (loss) from continuing operations including noncontrolling interests before taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,316,000

9,603,000

8,836,000

Total assets

'

169,727,000

'

'

162,950,000

'

'

'

'

'

'

'

'

'

'

169,727,000

162,950,000

155,434,000

Operating Segments [Member] | Financial Fund Management [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Segment Reporting Information [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues from external customers

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

18,700,000

22,904,000

27,243,000

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,257,000

2,937,000

5,897,000

Total revenues

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

21,957,000

25,841,000

33,140,000

Segment operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-17,086,000

-20,562,000

-21,028,000

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,683,000

-3,176,000

-3,668,000

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

0

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

-1,000

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-126,000

-164,000

-196,000

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,520,000

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

54,542,000

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

41,000

-1,384,000

'

Impairment loss recognized in earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74,000

'

-480,000

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

-3,000

Loss on sale of loans and investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-451,000

Other income (expense), net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,104,000

2,590,000

2,429,000

Pretax loss (income) attributable to noncontrolling interests (2)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

8,000

Income (loss) including noncontrolling interest before intercompany interest expense and taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

58,675,000

9,665,000

9,750,000

Intercompany interest (expense) income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Income (loss) from continuing operations including noncontrolling interests before taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

58,675,000

9,665,000

9,750,000

Total assets

'

82,862,000

'

'

39,246,000

'

'

'

'

'

'

'

'

'

'

82,862,000

39,246,000

36,647,000

Operating Segments [Member] | Commercial Finance [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Segment Reporting Information [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues from external customers

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,135,000

22,460,000

25,573,000

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,251,000

-665,000

-1,896,000

Total revenues

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,884,000

21,795,000

23,677,000

Segment operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,414,000

-15,207,000

-18,164,000

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

-428,000

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

37,000

659,000

-8,097,000

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

-2,828,000

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-16,904,000

-8,468,000

-5,159,000

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,556,000

-8,766,000

-5,693,000

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

8,749,000

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Impairment loss recognized in earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

0

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,749,000

-8,563,000

-6,271,000

Loss on sale of loans and investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

Other income (expense), net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

13,000

1,000

Pretax loss (income) attributable to noncontrolling interests (2)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-224,000

99,000

4,854,000

Income (loss) including noncontrolling interest before intercompany interest expense and taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-12,177,000

-18,438,000

-18,108,000

Intercompany interest (expense) income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-29,000

-1,678,000

-6,115,000

Income (loss) from continuing operations including noncontrolling interests before taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-12,206,000

-20,116,000

-24,223,000

Total assets

'

15,497,000

'

'

260,808,000

'

'

'

'

'

'

'

'

'

'

15,497,000

260,808,000

81,053,000

Operating Segments [Member] | All Other [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Segment Reporting Information [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues from external customers

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Total revenues

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Segment operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-365,000

'

'

General and administrative expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-7,421,000

-8,019,000

-8,560,000

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

0

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-668,000

-530,000

-649,000

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190,000

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

22,000

186,000

'

Impairment loss recognized in earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

-329,000

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,136,000

-5,671,000

-5,738,000

Loss on sale of loans and investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

Other income (expense), net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-523,000

-905,000

-226,000

Pretax loss (income) attributable to noncontrolling interests (2)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Income (loss) including noncontrolling interest before intercompany interest expense and taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-13,281,000

-14,939,000

-15,502,000

Intercompany interest (expense) income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

29,000

1,678,000

6,115,000

Income (loss) from continuing operations including noncontrolling interests before taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-13,252,000

-13,261,000

-9,387,000

Total assets

'

-71,343,000

'

'

-40,498,000

'

'

'

'

'

'

'

'

'

'

-71,343,000

-40,498,000

-38,881,000

Reportable Legal Entities [Member] | RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Segment Reporting Information [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues from external customers

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

60,997,000

75,639,000

83,858,000

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,439,000

10,377,000

4,870,000

Total revenues

18,664,000

17,208,000

13,784,000

14,780,000

21,400,000

27,589,000

20,347,000

16,680,000

25,238,000

19,400,000

25,422,000

37,027,000

44,822,000

64,616,000

70,060,000

64,436,000

86,016,000

88,728,000

Segment operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-49,169,000

-60,234,000

-59,972,000

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-365,000

0

0

General and administrative expenses

'

'

'

'

'

-2,614,000

-2,897,000

-3,116,000

-2,946,000

-2,768,000

-3,432,000

-6,013,000

-6,200,000

-8,627,000

-9,146,000

-10,460,000

-11,522,000

-12,972,000

Gain on sale of leases and loans

'

'

'

'

'

94,000

252,000

11,000

-7,154,000

31,000

-582,000

263,000

-551,000

357,000

-7,705,000

37,000

659,000

-8,097,000

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,280,000

0

-2,828,000

Provision for credit losses

'

'

'

'

'

-3,476,000

-2,719,000

-1,606,000

-1,428,000

-1,210,000

-776,000

-4,325,000

-1,986,000

-7,801,000

-3,414,000

-17,246,000

-10,661,000

-5,209,000

Depreciation and amortization

'

'

'

'

'

-3,159,000

-2,921,000

-1,125,000

-2,005,000

-2,382,000

-2,206,000

-4,046,000

-4,588,000

-7,205,000

-6,593,000

-3,653,000

-10,739,000

-7,842,000

Gain on sale of management contract

'

'

'

'

'

0

0

6,520,000

0

0

0

6,520,000

0

6,520,000

0

0

6,520,000

0

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,291,000

0

0

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190,000

0

0

(Loss) gain on sale of investment securities, net

'

'

'

'

'

82,000

97,000

-1,461,000

-27,000

-424,000

0

-1,364,000

-424,000

-1,282,000

-451,000

63,000

-1,198,000

-451,000

Impairment loss recognized in earnings

'

'

'

'

'

0

0

'

-67,000

-297,000

'

0

-297,000

0

-364,000

-74,000

0

-809,000

Interest expense

'

'

'

'

'

-4,276,000

-4,167,000

-2,369,000

-3,504,000

-3,871,000

-3,817,000

-6,536,000

-7,688,000

-10,812,000

-11,192,000

-4,741,000

-15,343,000

-13,086,000

Loss on sale of loans and investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-451,000

Other income (expense), net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,103,000

2,242,000

2,591,000

Pretax loss (income) attributable to noncontrolling interests (2)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-219,000

151,000

4,923,000

Income (loss) including noncontrolling interest before intercompany interest expense and taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

39,533,000

-14,109,000

-15,024,000

Intercompany interest (expense) income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

Income (loss) from continuing operations including noncontrolling interests before taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

39,533,000

-14,109,000

-15,024,000

Total assets

'

196,743,000

'

'

422,506,000

'

'

'

'

'

'

'

'

'

'

196,743,000

422,506,000

234,253,000

Reportable Legal Entities [Member] | RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Segment Reporting Information [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues from external customers

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

123,698,000

95,986,000

'

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Total revenues

25,211,000

35,669,000

26,262,000

28,726,000

25,211,000

21,987,000

26,150,000

22,638,000

0

0

0

48,788,000

0

70,775,000

0

123,698,000

95,986,000

0

Segment operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-63,850,000

-50,103,000

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Impairment loss recognized in earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other income (expense), net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,197,000

3,869,000

'

Pretax loss (income) attributable to noncontrolling interests (2)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,244,000

0

'

Income (loss) including noncontrolling interest before intercompany interest expense and taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

77,801,000

49,752,000

'

Intercompany interest (expense) income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Income (loss) from continuing operations including noncontrolling interests before taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

77,801,000

49,752,000

'

Total assets

'

2,478,251,000

'

'

2,284,724,000

'

'

'

'

'

'

'

'

'

'

2,478,251,000

2,284,724,000

0

Consolidation, Eliminations [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Segment Reporting Information [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues from external customers

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-17,234,000

-15,070,000

'

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Total revenues

-4,501,000

-4,988,000

-4,235,000

-3,510,000

-4,181,000

-3,632,000

-3,221,000

-4,036,000

0

0

0

-7,257,000

0

-10,889,000

0

-17,234,000

-15,070,000

0

Segment operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

16,360,000

11,061,000

'

Restructuring expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

General and administrative expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

Gain on sale and deconsolidation of subsidiaries

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Loss on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Impairment loss recognized in earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other income (expense), net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,947,000

-2,243,000

'

Pretax loss (income) attributable to noncontrolling interests (2)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-60,705,000

-33,373,000

'

Income (loss) including noncontrolling interest before intercompany interest expense and taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-63,526,000

-39,625,000

'

Intercompany interest (expense) income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Income (loss) from continuing operations including noncontrolling interests before taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-63,526,000

-39,625,000

'

Total assets

'

($30,731,000)

'

'

($70,245,000)

'

'

'

'

'

'

'

'

'

'

($30,731,000)

($70,245,000)

$0

UNAUDITED_QUARTERLY_FINANCIAL_2

UNAUDITED QUARTERLY FINANCIAL DATA (Signficant Events by Quarter) (Details) (USD $)	0 Months Ended	1 Months Ended	3 Months Ended										6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 17, 2011	Oct. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Jun. 30, 2010	Mar. 31, 2010	Dec. 31, 2009	Mar. 31, 2011	Mar. 31, 2010	Jun. 30, 2011	Jun. 30, 2010	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Revenues	'	$39,374,000	$47,889,000	$35,811,000	$39,996,000	$42,430,000	$45,944,000	$43,276,000	$35,282,000	$25,238,000	$19,400,000	$25,422,000	$78,558,000	$44,822,000	$124,502,000	$70,060,000	$170,900,000	$166,932,000	$88,728,000
Operating Income (Loss)	'	3,985,000	16,238,000	5,810,000	13,478,000	6,023,000	15,070,000	5,896,000	8,404,000	-5,134,000	-1,876,000	4,420,000	14,300,000	2,544,000	29,370,000	-2,590,000	40,274,000	35,393,000	-8,192,000
Income (loss) from continuing operations	'	-239,000	15,622,000	46,215,000	11,625,000	-3,625,000	13,429,000	1,555,000	10,452,000	-6,589,000	-1,845,000	'	12,007,000	-1,257,000	25,436,000	-7,846,000	87,862,000	21,811,000	-17,297,000
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	-2,200,000	-20,000	-8,000	-14,000	-16,000	-26,000	-23,000	-2,153,000	0	-1,000	-2,000	'	-2,153,000	-2,000	-2,176,000	-3,000	-58,000	-2,202,000	622,000
Net income (loss)	'	-259,000	15,614,000	46,201,000	11,609,000	-3,651,000	13,406,000	-598,000	10,452,000	-6,590,000	-1,847,000	588,000	9,854,000	-1,259,000	23,260,000	-7,849,000	87,804,000	19,609,000	-16,675,000
Net loss attributable to noncontrolling interests	'	'	'	'	'	'	513,000	513,000	625,000	1,275,000	615,000	'	1,138,000	998,000	1,651,000	2,273,000	223,000	2,111,000	'
Net income (loss) attributable to common shareholders	'	-433,000	-2,267,000	30,211,000	-2,382,000	-3,591,000	-517,000	-8,953,000	-1,502,000	-5,315,000	-1,232,000	971,000	-10,455,000	-261,000	-10,972,000	-5,576,000	25,507,000	-14,563,000	-13,451,000
Income (Loss) from Continuing Operations, Per Basic and Diluted Share	'	'	'	'	'	($0.18)	($0.03)	($0.35)	($0.08)	($0.28)	($0.06)	'	($0.43)	($0.01)	($0.46)	($0.29)	'	'	'
Discontinued operations (in dollars per share)	'	'	'	'	'	$0	$0	($0.11)	$0	$0	$0	'	($0.11)	$0	($0.11)	$0	'	'	'
Net income (loss)	'	'	'	'	'	($0.18)	($0.03)	($0.46)	($0.08)	($0.28)	($0.06)	'	($0.54)	($0.01)	($0.57)	($0.29)	'	'	'
Continuing operations (in dollars per share)	'	($0.02)	($0.11)	$1.52	($0.12)	'	'	'	($80)	'	'	$50	'	'	'	'	$1.29	($0.64)	($0.74)
Discontinued operations (in dollars per share)	'	$0	$0	$0	$0	'	'	'	'	'	'	'	'	'	'	'	$0	($0.11)	$0.03
Earnings Per Share, Basic	'	($0.02)	($0.11)	$1.52	($0.12)	'	'	'	'	'	'	'	'	'	'	'	$1.29	($0.75)	($0.71)
Continuing operations (in dollars per share)	'	($0.02)	($0.11)	$1.44	($0.12)	'	'	'	($80)	'	'	$50	'	'	'	'	$1.24	($0.64)	($0.74)
Discontinued operations (in dollars per share)	'	$0	$0	$0	$0	'	'	($0.11)	'	'	'	'	'	'	'	'	$0	($0.11)	$0.03
Earnings Per Share, Diluted	'	($0.02)	($0.11)	$1.44	($0.12)	'	'	'	'	'	'	'	'	'	'	'	$1.24	($0.75)	($0.71)
Gain on sale of management contracts and equity investment	'	'	'	'	'	'	'	'	5,100,000	'	'	'	'	'	'	'	'	5,100,000	'
Gain on Sale of Management Contracts and Equity Investment, Net of Tax	'	'	'	'	'	'	'	'	3,200,000	'	'	'	'	'	'	'	'	'	'
Gain on Sale of Management Contracts and Equity Investment, Per Share, Net of Tax	'	'	'	'	'	'	'	'	$0.17	'	'	'	'	'	'	'	'	'	'
(Loss) income from discontinued operations	'	'	'	'	'	'	'	-3,400,000	'	'	'	'	'	'	'	'	-90,000	-3,387,000	622,000
Real Estate Investment [Member] | Washington, DC Building [Member]	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Gain (Loss) on Sale of Investments	'	'	'	'	'	800,000	7,600,000	'	'	'	'	'	'	'	'	'	'	'	'
Gain (Loss) on Sale of Investments, Net of Tax	'	'	'	'	'	361,000	3,300,000	'	'	'	'	'	'	'	'	'	'	'	'
Gain (Loss) on Sale of Investments, Per Share, Net of Tax	'	'	'	'	'	$0.02	$0.17	'	'	'	'	'	'	'	'	'	'	'	'
RAI [Member]	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Net loss attributable to noncontrolling interests	'	193,000	36,000	-45,000	39,000	460,000	513,000	513,000	625,000	'	'	383,000	1,138,000	'	'	'	223,000	2,111,000	3,224,000
Gain (Loss) on Sale of Investments	'	'	'	'	'	'	'	'	-1,461,000	'	'	0	-1,364,000	-424,000	-1,282,000	-451,000	972,000	-1,198,000	-451,000
RSO [Member]	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Net loss attributable to noncontrolling interests	'	-367,000	-17,917,000	-15,945,000	-14,030,000	-400,000	-14,436,000	-8,868,000	-12,579,000	0	0	0	-21,447,000	0	-35,883,000	0	-62,520,000	-36,283,000	0
Reportable Legal Entities [Member] | RAI [Member]	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Revenues	'	18,664,000	17,208,000	13,784,000	14,780,000	21,400,000	27,589,000	20,347,000	16,680,000	25,238,000	19,400,000	25,422,000	37,027,000	44,822,000	64,616,000	70,060,000	64,436,000	86,016,000	88,728,000
Reportable Legal Entities [Member] | RSO [Member]	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Revenues	'	25,211,000	35,669,000	26,262,000	28,726,000	25,211,000	21,987,000	26,150,000	22,638,000	0	0	0	48,788,000	0	70,775,000	0	123,698,000	95,986,000	0
Net loss attributable to noncontrolling interests	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	-62,520,000	'	'
Consolidation, Eliminations [Member]	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Revenues	'	($4,501,000)	($4,988,000)	($4,235,000)	($3,510,000)	($4,181,000)	($3,632,000)	($3,221,000)	($4,036,000)	$0	$0	$0	($7,257,000)	$0	($10,889,000)	$0	($17,234,000)	($15,070,000)	$0

UNAUDITED_QUARTERLY_FINANCIAL_3

UNAUDITED QUARTERLY FINANCIAL DATA (Consolidated Balance Sheets) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Sep. 30, 2010	Jun. 30, 2010	Mar. 31, 2010	Dec. 31, 2009	Sep. 30, 2009
In Thousands, except Share data, unless otherwise specified
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	$19,393	$24,455	$28,553	$16,495	$14,530	$11,243	$9,164	$7,324	$8,409	$26,197
Restricted cash	'	20,257	'	'	'	'	'	'	'	'
Receivables from managed entities and related parties, net	34,418	52,117	'	'	'	'	'	'	'	'
Investments in real estate, net	19,149	19,942	'	'	'	'	'	'	'	'
Marketable Securities	7,030	2,732	'	'	'	'	'	'	'	'
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances	12,993	12,710	'	'	'	'	'	'	'	'
Total assets of consolidated VIE - RSO	727	944	'	'	'	'	'	'	'	'
Property and equipment, net	2,732	6,998	'	'	'	'	'	'	'	'
Total assets	2,644,263	2,636,985	2,499,477	2,289,368	2,143,064	234,253	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Due to Related Parties	4,349	1,010	'	'	'	'	'	'	'	'
Borrowings	21,343	214,054	'	'	'	'	'	'	'	'
Total liabilities of consolidated VIE - RSO	189	300	1,962,603	1,751,483	'	'	'	'	'	'
Total liabilities	1,907,007	2,108,287	1,962,603	1,751,483	1,603,461	'	'	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	0	0	0	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	294	281	281	281	274	'	'	'	'	'
Additional paid-in capital	285,844	281,686	281,372	280,906	282,062	'	'	'	'	'
Accumulated deficit	-25,857	-49,054	-44,892	-43,805	-34,298	'	'	'	'	'
Treasury Stock, Value	-102,457	-98,954	-98,874	-99,085	-99,245	'	'	'	'	'
Accumulated other comprehensive loss	-2,226	-2,369	-1,709	-1,653	-1,773	-2,599	'	'	'	'
Stockholders' Equity Attributable to Parent	155,598	131,590	136,178	136,644	147,020	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	737,256	528,698	536,874	537,885	539,603	461,193	'	'	'	140,141
Liabilities and Equity	2,644,263	2,636,985	2,499,477	2,289,368	2,143,064	'	'	'	'	'
Investments in commercial finance, net	'	192,012	'	'	0	'	'	'	'	'
Preferred stock, par value (in dollars per share)	$1	$1	$1	$1	$1	$1	'	'	'	'
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	'	'	'	'
Preferred stock, shares outstanding (in shares)	0	0	0	0	0	0	'	'	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01	$0.01	$0.01	$0.01	$0.01	'	'	'	'
Common stock, shares authorized (in shares)	49,000,000	49,000,000	49,000,000	49,000,000	49,000,000	49,000,000	'	'	'	'
Common stock, shares issued (in shares)	29,866,664	28,779,998	28,760,970	28,740,931	28,171,720	28,167,909	'	'	'	'
Common stock restricted shares (in shares)	403,195	649,007	641,496	645,708	732,308	741,086	'	'	'	'
Treasury stock shares (in shares)	9,756,955	9,126,966	9,089,723	9,108,440	9,118,549	9,125,253	'	'	'	'
As Previously Reported [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	19,393	24,455	28,553	16,495	14,530	11,243	'	'	'	'
Total assets	196,743	422,506	393,205	374,404	233,174	234,253	234,253	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Total liabilities of consolidated VIE - RSO	'	'	229,993	215,760	'	'	'	'	'	'
Total liabilities	50,442	264,778	'	'	102,664	105,169	105,169	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	'	'	0	0	0	0	0	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	'	'	281	281	274	274	274	'	'	'
Additional paid-in capital	'	'	281,372	280,906	282,062	281,378	281,378	'	'	'
Accumulated deficit	'	'	-44,477	-43,496	-38,676	-37,558	-37,558	'	'	'
Treasury Stock, Value	'	'	-98,874	-99,085	-99,245	-99,330	-99,330	'	'	'
Accumulated other comprehensive loss	'	'	-11,940	-11,504	-10,431	-12,807	-12,807	'	'	'
Stockholders' Equity Attributable to Parent	'	'	126,362	127,102	133,984	131,957	131,957	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	'	'	163,212	158,644	130,510	129,084	129,084	'	'	'
Liabilities and Equity	'	'	393,205	374,404	233,174	234,253	234,253	'	'	'
Restatement Adjustments - RSO [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	0	0	0	0	0	0	'	'	'	'
Total assets	2,478,251	2,284,724	2,170,242	1,972,634	1,937,635	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Total liabilities of consolidated VIE - RSO	'	'	1,736,978	1,539,254	'	'	'	'	'	'
Total liabilities	1,864,906	1,855,034	'	'	1,510,432	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	'	'	0	0	0	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	'	'	0	0	0	'	'	'	'	'
Additional paid-in capital	'	'	0	0	0	'	'	'	'	'
Accumulated deficit	'	'	0	0	0	'	'	'	'	'
Treasury Stock, Value	'	'	0	0	0	'	'	'	'	'
Accumulated other comprehensive loss	'	'	0	0	0	'	'	'	'	'
Stockholders' Equity Attributable to Parent	'	'	0	0	0	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	'	'	433,264	433,380	427,203	'	'	'	'	'
Liabilities and Equity	'	'	2,170,242	1,972,634	1,937,635	'	'	'	'	'
Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	0	0	0	0	0	0	'	'	'	'
Total assets	-30,731	-70,245	-63,970	-57,670	-27,745	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Total liabilities of consolidated VIE - RSO	'	'	-4,368	-3,531	'	'	'	'	'	'
Total liabilities	-8,341	-11,525	'	'	-9,635	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	'	'	0	0	0	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	'	'	0	0	0	'	'	'	'	'
Additional paid-in capital	'	'	0	0	0	'	'	'	'	'
Accumulated deficit	'	'	-415	-309	4,378	'	'	'	'	'
Treasury Stock, Value	'	'	0	0	0	'	'	'	'	'
Accumulated other comprehensive loss	'	'	10,231	9,851	8,658	'	'	'	'	'
Stockholders' Equity Attributable to Parent	'	'	9,816	9,542	13,036	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	'	'	-59,602	-54,139	-18,110	'	'	'	'	'
Liabilities and Equity	'	'	-63,970	-57,670	-27,745	'	'	'	'	'
RAI [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	19,393	24,455	28,553	16,495	14,530	'	'	'	'	'
Restricted cash	642	20,257	17,767	21,446	5,401	'	'	'	'	'
Receivables	3,554	1,981	1,115	1,138	622	'	'	'	'	'
Receivables from managed entities and related parties, net	34,418	52,117	54,485	57,833	60,401	'	'	'	'	'
Investments in real estate, net	19,149	19,942	18,307	28,555	28,502	'	'	'	'	'
Marketable Securities	7,030	2,732	3,159	3,332	3,678	'	'	'	'	'
Investments in unconsolidated loan manager (see Notes 1 and 9)	36,356	0	12,256	12,861	'	'	'	'	'	'
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances	12,993	12,710	12,256	12,861	14,387	'	'	'	'	'
Property and equipment, net	2,732	6,998	7,104	7,304	8,324	'	'	'	'	'
Deferred tax assets, net	27,770	43,915	39,784	39,989	36,625	'	'	'	'	'
Goodwill	0	7,969	7,969	7,969	7,969	'	'	'	'	'
Other assets	3,776	14,662	13,386	7,594	5,411	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Accrued expenses and other liabilities	23,042	40,887	39,545	34,409	30,348	'	'	'	'	'
Due to Related Parties	4,349	1,010	0	136	184	'	'	'	'	'
Borrowings	21,343	214,054	188,128	178,938	63,701	'	'	'	'	'
Deferred Tax Liabilities, Net, Noncurrent	'	'	411	411	411	'	'	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	'	'	'	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	294	281	'	'	'	'	'	'	'	'
Additional paid-in capital	285,844	281,686	'	'	'	'	'	'	'	'
Accumulated deficit	-25,857	-49,054	'	'	'	'	'	'	'	'
Treasury Stock, Value	-102,457	-98,954	'	'	'	'	'	'	'	'
Accumulated other comprehensive loss	-2,226	-2,369	'	'	'	'	'	'	'	'
Stockholders' Equity Attributable to Parent	155,598	131,590	'	'	'	'	'	'	'	'
Noncontrolling interests	208	-1,269	-870	-335	-3,474	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	737,256	528,698	'	'	'	'	'	'	'	'
Liabilities and Equity	2,644,263	2,636,985	'	'	'	'	'	'	'	'
Investments in commercial finance, net	0	192,012	164,977	145,961	22,286	'	'	'	'	'
RAI [Member] | As Previously Reported [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	19,393	24,455	28,553	16,495	14,530	11,243	11,243	'	'	'
Restricted cash	642	20,257	17,767	21,446	5,401	12,018	12,018	'	'	'
Receivables	3,554	1,981	1,115	1,138	622	1,671	1,671	'	'	'
Receivables from managed entities and related parties, net	41,051	54,815	56,946	59,498	62,016	66,416	66,416	'	'	'
Investments in real estate, net	19,149	19,942	17,331	27,547	27,462	27,114	27,114	'	'	'
Marketable Securities	22,532	15,124	18,635	19,469	21,716	22,358	22,358	'	'	'
Investments in unconsolidated loan manager (see Notes 1 and 9)	36,356	'	12,256	12,861	'	'	'	'	'	'
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances	12,993	12,710	'	'	14,387	13,825	13,825	'	'	'
Property and equipment, net	2,732	6,998	8,080	8,312	9,364	9,984	9,984	'	'	'
Deferred tax assets, net	34,565	51,581	46,190	46,114	42,010	43,703	43,703	'	'	'
Goodwill	'	7,969	7,969	7,969	7,969	7,969	7,969	'	'	'
Other assets	3,776	14,662	13,386	7,594	5,411	5,776	5,776	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Accrued expenses and other liabilities	23,042	40,887	39,545	34,409	35,661	38,492	38,492	'	'	'
Due to Related Parties	4,380	1,232	204	297	952	156	156	'	'	'
Borrowings	23,020	222,659	189,833	180,643	65,640	66,110	66,110	'	'	'
Deferred Tax Liabilities, Net, Noncurrent	'	'	411	411	411	411	411	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	'	'	'	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	294	281	'	'	'	'	'	'	'	'
Additional paid-in capital	285,844	281,686	'	'	'	'	'	'	'	'
Accumulated deficit	-24,508	-48,032	'	'	'	'	'	'	'	'
Treasury Stock, Value	-102,457	-98,954	'	'	'	'	'	'	'	'
Accumulated other comprehensive loss	-13,080	-14,613	'	'	'	'	'	'	'	'
Stockholders' Equity Attributable to Parent	146,093	120,368	'	'	'	'	'	'	'	'
Noncontrolling interests	208	37,360	36,850	31,542	-3,474	-2,873	-2,873	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	146,301	157,728	'	'	'	'	'	'	'	'
Liabilities and Equity	196,743	422,506	'	'	'	'	'	'	'	'
Investments in commercial finance, net	'	192,012	164,977	145,961	'	12,176	12,176	'	'	'
RAI [Member] | Restatement Adjustments - RSO [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	0	0	0	0	0	'	'	'	'	'
Restricted cash	0	0	0	0	0	'	'	'	'	'
Receivables	0	0	0	0	0	'	'	'	'	'
Receivables from managed entities and related parties, net	0	0	0	0	0	'	'	'	'	'
Investments in real estate, net	0	0	0	0	0	'	'	'	'	'
Marketable Securities	0	0	0	0	0	'	'	'	'	'
Investments in unconsolidated loan manager (see Notes 1 and 9)	0	'	0	0	'	'	'	'	'	'
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances	0	0	'	'	0	'	'	'	'	'
Property and equipment, net	0	0	0	0	0	'	'	'	'	'
Deferred tax assets, net	0	0	0	0	0	'	'	'	'	'
Goodwill	'	0	0	0	0	'	'	'	'	'
Other assets	0	0	0	0	0	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Accrued expenses and other liabilities	0	0	0	0	0	'	'	'	'	'
Due to Related Parties	0	0	0	0	0	'	'	'	'	'
Borrowings	0	0	0	0	0	'	'	'	'	'
Deferred Tax Liabilities, Net, Noncurrent	'	'	0	0	0	'	'	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	'	'	'	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	0	0	'	'	'	'	'	'	'	'
Additional paid-in capital	0	0	'	'	'	'	'	'	'	'
Accumulated deficit	0	0	'	'	'	'	'	'	'	'
Treasury Stock, Value	0	0	'	'	'	'	'	'	'	'
Accumulated other comprehensive loss	0	0	'	'	'	'	'	'	'	'
Stockholders' Equity Attributable to Parent	0	0	'	'	'	'	'	'	'	'
Noncontrolling interests	0	0	0	0	0	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	613,345	429,690	'	'	'	'	'	'	'	'
Liabilities and Equity	2,478,251	2,284,724	'	'	'	'	'	'	'	'
Investments in commercial finance, net	'	0	0	0	'	'	'	'	'	'
RAI [Member] | Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Cash	0	0	0	0	0	'	'	'	'	'
Restricted cash	0	0	0	0	0	'	'	'	'	'
Receivables	0	0	0	0	0	'	'	'	'	'
Receivables from managed entities and related parties, net	-6,633	-2,698	-2,461	-1,665	-1,615	'	'	'	'	'
Investments in real estate, net	'	0	976	1,008	1,040	'	'	'	'	'
Marketable Securities	-15,502	-12,392	-15,476	-16,137	-18,038	'	'	'	'	'
Investments in unconsolidated loan manager (see Notes 1 and 9)	'	'	0	0	'	'	'	'	'	'
Investments In Affiliates Subsidiaries Associates And Joint Ventures Excluding Advances	'	0	'	'	0	'	'	'	'	'
Property and equipment, net	0	0	-976	-1,008	-1,040	'	'	'	'	'
Deferred tax assets, net	-6,795	-7,666	-6,406	-6,125	-5,385	'	'	'	'	'
Goodwill	'	0	0	0	0	'	'	'	'	'
Other assets	'	0	0	0	0	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Accrued expenses and other liabilities	0	0	0	0	-5,313	'	'	'	'	'
Due to Related Parties	-31	-222	-204	-161	-768	'	'	'	'	'
Borrowings	-1,677	-8,605	-1,705	-1,705	-1,939	'	'	'	'	'
Deferred Tax Liabilities, Net, Noncurrent	'	'	0	0	0	'	'	'	'	'
Commitments and contingencies	'	'	'	'	'	'	'	'	'	'
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none outstanding	0	0	'	'	'	'	'	'	'	'
Common stock, $.01 par value, 49,000,000 shares authorized; 29,866,664 and 28,779,998 shares issued (including nonvested restricted stock of 403,195 and 649,007), respectively	0	0	'	'	'	'	'	'	'	'
Additional paid-in capital	0	0	'	'	'	'	'	'	'	'
Accumulated deficit	-1,349	-1,022	'	'	'	'	'	'	'	'
Treasury Stock, Value	0	0	'	'	'	'	'	'	'	'
Accumulated other comprehensive loss	10,854	12,244	'	'	'	'	'	'	'	'
Stockholders' Equity Attributable to Parent	9,505	11,222	'	'	'	'	'	'	'	'
Noncontrolling interests	0	-38,629	-37,720	-31,877	0	'	'	'	'	'
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	-22,390	-58,720	'	'	'	'	'	'	'	'
Liabilities and Equity	-30,731	-70,245	'	'	'	'	'	'	'	'
Investments in commercial finance, net	'	0	0	0	'	'	'	'	'	'
RSO [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Marketable Securities	256,433	179,539	175,375	158,927	182,778	'	'	'	'	'
Cash, Cash Equivalents, and Short-term Investments	179,390	185,922	177,412	235,795	221,138	'	'	'	'	'
Loans Receivable, Net	1,849,321	1,776,109	1,682,252	1,465,053	1,486,549	'	'	'	'	'
Real Estate Investments, Net	120,706	60,056	59,295	42,480	11,233	'	'	'	'	'
Other Assets	70,600	35,609	36,281	36,636	33,230	'	'	'	'	'
Total assets of consolidated VIE - RSO	2,476,450	2,237,235	2,130,615	1,938,891	1,934,928	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Borrowings	1,785,600	1,794,083	1,549,674	1,473,202	1,463,701	'	'	'	'	'
Other liabilities	72,673	58,253	184,845	64,387	45,116	'	'	'	'	'
Total liabilities of consolidated VIE - RSO	1,858,273	1,852,336	'	'	'	'	'	'	'	'
Total liabilities	'	'	1,734,519	1,537,589	1,508,817	'	'	'	'	'
Noncontrolling interests	581,450	398,377	401,566	401,576	396,057	'	'	'	'	'
RSO [Member] | As Previously Reported [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Marketable Securities	0	0	0	0	0	0	0	'	'	'
Cash, Cash Equivalents, and Short-term Investments	0	0	0	0	0	0	0	'	'	'
Loans Receivable, Net	0	0	0	0	0	0	0	'	'	'
Real Estate Investments, Net	0	0	0	0	0	0	0	'	'	'
Other Assets	0	0	0	0	0	0	0	'	'	'
Total assets of consolidated VIE - RSO	0	0	0	0	0	0	0	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Borrowings	0	0	0	0	0	0	0	'	'	'
Other liabilities	0	0	0	0	0	0	0	'	'	'
Total liabilities	'	'	'	'	0	0	0	'	'	'
Noncontrolling interests	0	0	0	0	0	0	0	'	'	'
RSO [Member] | Restatement Adjustments - RSO [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Marketable Securities	256,433	179,539	211,649	190,069	182,778	'	'	'	'	'
Cash, Cash Equivalents, and Short-term Investments	179,390	185,922	177,412	235,795	221,138	'	'	'	'	'
Loans Receivable, Net	1,850,998	1,784,714	1,683,957	1,466,758	1,488,488	'	'	'	'	'
Real Estate Investments, Net	120,799	98,906	59,295	42,480	11,233	'	'	'	'	'
Other Assets	70,631	35,643	37,929	37,532	33,998	'	'	'	'	'
Total assets of consolidated VIE - RSO	2,478,251	2,284,724	2,170,242	1,972,634	1,937,635	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Borrowings	1,785,600	1,794,083	1,549,674	1,473,202	1,463,701	'	'	'	'	'
Other liabilities	79,306	60,951	187,304	66,052	46,731	'	'	'	'	'
Total liabilities	'	'	'	'	1,510,432	'	'	'	'	'
Noncontrolling interests	613,345	429,690	433,264	433,380	427,203	'	'	'	'	'
RSO [Member] | Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'	'	'	'	'
ASSETS	'	'	'	'	'	'	'	'	'	'
Marketable Securities	0	0	-36,274	-31,142	0	'	'	'	'	'
Cash, Cash Equivalents, and Short-term Investments	0	0	0	0	0	'	'	'	'	'
Loans Receivable, Net	-1,677	-8,605	-1,705	-1,705	-1,939	'	'	'	'	'
Real Estate Investments, Net	-93	-38,850	0	0	0	'	'	'	'	'
Other Assets	-31	-34	-1,648	-896	-768	'	'	'	'	'
Total assets of consolidated VIE - RSO	-1,801	-47,489	-39,627	-33,743	-2,707	'	'	'	'	'
LIABILITIES AND EQUITY	'	'	'	'	'	'	'	'	'	'
Borrowings	0	0	0	0	0	'	'	'	'	'
Other liabilities	-6,633	-2,698	-2,459	-1,665	-1,615	'	'	'	'	'
Total liabilities	'	'	'	'	-1,615	'	'	'	'	'
Noncontrolling interests	($31,895)	($31,313)	($31,698)	($31,804)	($31,146)	'	'	'	'	'

UNAUDITED_QUARTERLY_FINANCIAL_4

UNAUDITED QUARTERLY FINANCIAL DATA (Consolidated Statements of Operations) (Details) (USD $)

0 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

In Thousands, except Per Share data, unless otherwise specified

Mar. 17, 2011

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

$39,374

$47,889

$35,811

$39,996

$42,430

$45,944

$43,276

$35,282

$25,238

$19,400

$25,422

$78,558

$44,822

$124,502

$70,060

$170,900

$166,932

$88,728

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

General and administrative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,460

11,522

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-37

-659

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17,246

10,661

5,209

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,653

10,739

'

Costs and Expenses

'

'

'

'

'

'

30,874

37,380

26,878

30,372

21,276

21,002

64,258

42,278

95,132

72,650

130,626

131,539

96,920

OPERATING INCOME (LOSS)

'

3,985

16,238

5,810

13,478

6,023

15,070

5,896

8,404

-5,134

-1,876

4,420

14,300

2,544

29,370

-2,590

40,274

35,393

-8,192

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,520

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63

-1,198

'

Interest Expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-4,741

-15,343

'

Other income (expense), net

'

'

'

'

'

'

-201

-4,460

3,215

-2,859

-3,955

-3,247

-1,245

-7,202

-1,446

-10,061

75,702

-6,153

-11,755

Income (loss) from continuing operations before taxes

'

'

'

'

'

'

14,869

1,436

11,619

-7,993

-5,831

1,173

13,055

-4,658

27,924

-12,651

115,976

29,240

-19,947

Income tax provision (benefit) - RAI

'

'

'

'

'

'

1,440

-119

1,167

'

'

'

1,048

'

2,488

'

28,114

7,429

'

Income (loss) from continuing operations

'

-239

15,622

46,215

11,625

-3,625

13,429

1,555

10,452

-6,589

-1,845

'

12,007

-1,257

25,436

-7,846

87,862

21,811

-17,297

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

-23

-2,153

'

-1

-2

'

-2,153

-2

-2,176

-3

-58

-2,202

622

Net income (loss)

'

-259

15,614

46,201

11,609

-3,651

13,406

-598

10,452

-6,590

-1,847

588

9,854

-1,259

23,260

-7,849

87,804

19,609

-16,675

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

513

513

625

1,275

615

'

1,138

998

1,651

2,273

223

2,111

'

Net income (loss)

'

-433

-2,267

30,211

-2,382

-3,591

-517

-8,953

-1,502

-5,315

-1,232

971

-10,455

-261

-10,972

-5,576

25,507

-14,563

-13,451

Income (loss) from continuing operations

'

'

'

'

'

'

-494

-6,800

-1,502

-5,314

-1,230

'

-8,302

-259

-8,796

-5,573

25,565

-12,361

-14,073

Discontinued operations

-2,200

-20

-8

-14

-16

-26

-23

-2,153

0

-1

-2

'

-2,153

-2

-2,176

-3

-58

-2,202

622

Continuing operations (in dollars per share)

'

'

'

'

'

($0.18)

($0.03)

($0.35)

($0.08)

($0.28)

($0.06)

'

($0.43)

($0.01)

($0.46)

($0.29)

'

'

'

Discontinued operations (in dollars per share)

'

'

'

'

'

$0

$0

($0.11)

$0

$0

$0

'

($0.11)

$0

($0.11)

$0

'

'

'

Net income (loss)

'

'

'

'

'

($0.18)

($0.03)

($0.46)

($0.08)

($0.28)

($0.06)

'

($0.54)

($0.01)

($0.57)

($0.29)

'

'

'

Weighted average shares outstanding (in shares)

'

'

'

'

'

'

19,741

19,355

19,076

19,140

19,089

18,962

19,213

18,888

19,389

18,972

20,634

19,525

18,942

Continuing operations (in dollars per share)

'

($0.02)

($0.11)

$1.52

($0.12)

'

'

'

($80)

'

'

$50

'

'

'

'

$1.29

($0.64)

($0.74)

Weighted average shares outstanding (in shares)

'

'

'

'

'

'

'

'

19,076

'

'

18,689

'

'

'

'

19,740

19,525

18,942

Continuing operations (in dollars per share)

'

($0.02)

($0.11)

$1.44

($0.12)

'

'

'

($80)

'

'

$50

'

'

'

'

$1.24

($0.64)

($0.74)

As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

27,589

20,347

16,680

'

'

'

37,027

'

64,616

'

64,436

86,016

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

'

23,825

24,026

22,290

'

'

'

46,316

'

70,141

'

83,136

92,497

'

OPERATING INCOME (LOSS)

'

'

'

'

'

'

3,764

-3,679

-5,610

'

'

'

-9,289

'

-5,525

'

-18,700

-6,481

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

'

-3,498

559

3,776

'

'

'

4,335

'

837

'

58,452

-3,353

'

Income (loss) from continuing operations before taxes

'

'

'

'

'

'

266

-3,120

-1,834

'

'

'

-4,954

'

-4,688

'

39,752

-9,834

'

Income tax provision (benefit) - RAI

'

'

'

'

'

'

151

-1,290

-642

'

'

'

-1,932

'

-1,781

'

13,512

-4,607

'

Income (loss) from continuing operations

'

'

'

'

'

'

115

-1,830

-1,192

'

'

'

-3,022

'

-2,907

'

26,240

-5,227

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

-23

-2,153

'

'

'

'

-2,153

'

-2,176

'

-58

-2,202

'

Net income (loss)

'

'

'

'

'

'

92

-3,983

-1,192

'

'

'

-5,175

'

-5,083

'

26,182

-7,429

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

-503

'

625

'

'

'

'

'

-161

'

-348

-799

'

Net income (loss)

'

'

'

'

'

'

-411

-4,266

-567

'

'

'

-4,833

'

-5,244

'

25,834

-8,228

'

Income (loss) from continuing operations

'

'

'

'

'

'

-388

-2,113

-567

'

'

'

-2,680

'

-3,068

'

25,892

-6,026

'

Discontinued operations

'

'

'

'

'

'

-23

-2,153

0

'

'

'

-2,153

'

-2,176

'

-58

-2,202

'

Continuing operations (in dollars per share)

'

'

'

'

'

'

($0.02)

($0.11)

($0.03)

'

'

'

($0.14)

'

($0.16)

'

'

'

'

Discontinued operations (in dollars per share)

'

'

'

'

'

'

$0

($0.11)

$0

'

'

'

($0.11)

'

($0.11)

'

'

'

'

Net income (loss)

'

'

'

'

'

'

($0.02)

($0.22)

($0.03)

'

'

'

($0.25)

'

($0.27)

'

'

'

'

Weighted average shares outstanding (in shares)

'

'

'

'

'

'

19,741

19,355

19,076

'

'

'

19,213

'

19,389

'

20,634

19,525

'

Continuing operations (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1.31

($0.31)

'

Weighted average shares outstanding (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,740

19,525

'

Continuing operations (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1.25

($0.31)

'

Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

21,987

26,150

22,638

'

'

'

48,788

'

70,775

'

123,698

95,986

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

'

10,920

16,914

9,507

'

'

'

26,421

'

37,341

'

78,452

62,139

'

OPERATING INCOME (LOSS)

'

'

'

'

'

'

11,067

9,236

13,131

'

'

'

22,367

'

33,434

'

45,246

33,847

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

'

3,875

-17

11

'

'

'

-6

'

3,869

'

19,197

3,869

'

Income (loss) from continuing operations before taxes

'

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

64,443

37,716

'

Income tax provision (benefit) - RAI

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Income (loss) from continuing operations

'

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

64,443

37,716

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

0

0

'

'

'

'

0

'

0

'

0

0

'

Net income (loss)

'

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

64,443

37,716

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

0

'

0

'

'

'

'

'

0

'

0

'

'

Net income (loss)

'

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

1,923

1,433

'

Income (loss) from continuing operations

'

'

'

'

'

'

14,942

9,219

13,142

'

'

'

22,361

'

37,303

'

1,923

1,433

'

Discontinued operations

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

-3,632

-3,221

-4,036

'

'

'

-7,257

'

-10,889

'

-17,234

-15,070

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

'

-3,871

-3,560

-4,919

'

'

'

-8,479

'

-12,350

'

-30,962

-23,097

'

OPERATING INCOME (LOSS)

'

'

'

'

'

'

239

339

883

'

'

'

1,222

'

1,461

'

13,728

8,027

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

'

-578

-5,002

-572

'

'

'

-5,574

'

-6,152

'

-1,947

-6,669

'

Income (loss) from continuing operations before taxes

'

'

'

'

'

'

-339

-4,663

311

'

'

'

-4,352

'

-4,691

'

11,781

1,358

'

Income tax provision (benefit) - RAI

'

'

'

'

'

'

1,289

1,171

1,809

'

'

'

2,980

'

4,269

'

14,602

12,036

'

Income (loss) from continuing operations

'

'

'

'

'

'

-1,628

-5,834

-1,498

'

'

'

-7,332

'

-8,960

'

-2,821

-10,678

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

0

0

'

'

'

'

0

'

0

'

0

0

'

Net income (loss)

'

'

'

'

'

'

-1,628

-5,834

-1,498

'

'

'

-7,332

'

-8,960

'

-2,821

-10,678

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

1,016

'

0

'

'

'

'

'

1,812

'

571

2,910

'

Net income (loss)

'

'

'

'

'

'

-15,048

-13,906

-14,077

'

'

'

-27,983

'

-43,031

'

-2,250

-7,768

'

Income (loss) from continuing operations

'

'

'

'

'

'

-15,048

-13,906

-14,077

'

'

'

-27,983

'

-43,031

'

-2,250

-7,768

'

Discontinued operations

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

-11

'

'

582

-263

551

-357

7,705

-37

-659

8,097

Provision for credit losses

'

'

'

'

'

'

'

'

2,405

'

'

776

5,124

1,986

8,600

3,414

17,246

11,460

5,209

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

0

-809

Gain on sale of management contract

'

'

'

'

'

'

'

'

6,520

'

'

0

6,520

0

6,520

0

0

6,520

0

Income tax provision (benefit) - RAI

'

'

'

'

'

'

151

-1,290

-642

-1,404

-3,986

585

-1,932

-3,401

-1,781

-4,805

13,512

-4,607

-2,650

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

-2,153

-2

-2,176

-3

-58

-2,202

622

Net loss attributable to noncontrolling interests

'

193

36

-45

39

460

513

513

625

'

'

383

1,138

'

'

'

223

2,111

3,224

RAI [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

-11

'

'

'

-263

'

-357

'

-37

-659

'

Provision for credit losses

'

'

'

'

'

'

'

'

1,606

'

'

'

4,325

'

7,801

'

17,246

10,661

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

6,520

'

'

'

6,520

'

6,520

'

'

6,520

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

-2,153

'

-2,176

'

-58

-2,202

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

-283

'

'

'

'

342

'

'

'

'

'

'

RAI [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

0

0

'

Provision for credit losses

'

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

0

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

'

0

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

0

0

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

0

'

'

'

'

0

'

'

'

'

'

'

Net income (loss)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,847

1,433

'

RAI [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

0

0

'

Provision for credit losses

'

'

'

'

'

'

'

'

799

'

'

'

799

'

799

'

0

799

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

0

'

'

'

0

'

0

'

'

0

'

(Loss) income from discontinued operations, net of tax

'

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

0

0

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

796

'

'

'

'

796

'

'

'

'

'

'

RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,667,000

6,968,000

'

Financial fund management

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,424,000

5,536,000

'

Commercial finance

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

144,000

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income tax provision (benefit) - RAI

'

'

'

'

'

'

1,289

1,171

1,809

0

0

0

2,980

0

4,269

0

14,602

12,036

0

Net loss attributable to noncontrolling interests

'

-367

-17,917

-15,945

-14,030

-400

-14,436

-8,868

-12,579

0

0

0

-21,447

0

-35,883

0

-62,520

-36,283

0

RSO [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

'

0

'

RSO [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

'

-36,283

'

RSO [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

-14,436

-8,868

-12,579

'

'

'

-21,447

'

-35,883

'

'

0

'

Reportable Legal Entities [Member] | RAI [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

15,873

6,258

6,874

11,162

5,770

6,947

13,132

12,717

29,005

23,879

40,595

38,380

31,911

Financial fund management

'

'

'

'

'

'

5,252

7,612

8,330

8,484

6,221

9,652

15,942

15,873

21,194

24,357

21,957

25,841

33,140

Commercial finance

'

'

'

'

'

'

6,464

6,477

1,476

5,592

7,409

8,823

7,953

16,232

14,417

21,824

1,884

21,795

23,677

Total revenues

'

18,664

17,208

13,784

14,780

21,400

27,589

20,347

16,680

25,238

19,400

25,422

37,027

44,822

64,616

70,060

64,436

86,016

88,728

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

6,727

6,088

5,461

5,856

5,516

4,727

11,549

10,243

18,276

16,099

29,669

24,465

20,780

Financial fund management

'

'

'

'

'

'

4,234

5,960

6,720

6,471

4,700

4,704

12,680

9,404

16,914

15,875

17,086

20,562

21,028

Commercial finance

'

'

'

'

'

'

3,709

3,693

4,273

4,512

4,731

4,575

7,966

9,306

11,675

13,818

2,414

15,207

18,164

General and administrative

'

'

'

'

'

'

2,614

2,897

3,116

2,946

2,768

3,432

6,013

6,200

8,627

9,146

10,460

11,522

12,972

Gain on sale of leases and loans

'

'

'

'

'

'

-94

-252

-11

7,154

-31

582

-263

551

-357

7,705

-37

-659

8,097

Provision for credit losses

'

'

'

'

'

'

3,476

2,719

1,606

1,428

1,210

776

4,325

1,986

7,801

3,414

17,246

10,661

5,209

Depreciation and amortization

'

'

'

'

'

'

3,159

2,921

1,125

2,005

2,382

2,206

4,046

4,588

7,205

6,593

3,653

10,739

7,842

Costs and Expenses

'

'

'

'

'

'

23,825

24,026

22,290

30,372

21,276

21,002

46,316

42,278

70,141

72,650

83,136

92,497

96,920

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

0

0

'

-67

-297

'

0

-297

0

-364

-74

0

-809

Gain on sale of management contract

'

'

'

'

'

'

0

0

6,520

0

0

0

6,520

0

6,520

0

0

6,520

0

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

'

0

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

82

97

-1,461

-27

-424

0

-1,364

-424

-1,282

-451

63

-1,198

-451

Interest Expense

'

'

'

'

'

'

-4,276

-4,167

-2,369

-3,504

-3,871

-3,817

-6,536

-7,688

-10,812

-11,192

-4,741

-15,343

-13,086

Other Income

'

'

'

'

'

'

84

-409

475

739

637

570

66

1,207

150

1,946

-71

-213

2,591

Other income (expense), net

'

'

'

'

'

'

-4,110

-4,479

3,165

-2,859

-3,955

-3,247

-1,314

-7,202

-5,424

-10,061

'

'

'

Reportable Legal Entities [Member] | RAI [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

15,873

6,258

6,874

'

'

'

13,132

'

29,005

'

40,595

38,380

'

Financial fund management

'

'

'

'

'

'

5,252

7,612

8,330

'

'

'

15,942

'

21,194

'

21,957

25,841

'

Commercial finance

'

'

'

'

'

'

6,464

6,477

1,476

'

'

'

7,953

'

14,417

'

1,884

21,795

'

Total revenues

'

'

'

'

'

'

27,589

20,347

16,680

'

'

'

37,027

'

64,616

'

64,436

86,016

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

6,727

6,088

5,461

'

'

'

11,549

'

18,276

'

29,669

24,465

'

Financial fund management

'

'

'

'

'

'

4,234

5,960

6,720

'

'

'

12,680

'

16,914

'

17,086

20,562

'

Commercial finance

'

'

'

'

'

'

3,709

3,693

4,273

'

'

'

7,966

'

11,675

'

2,414

15,207

'

General and administrative

'

'

'

'

'

'

2,614

2,897

3,116

'

'

'

6,013

'

8,627

'

10,460

11,522

'

Gain on sale of leases and loans

'

'

'

'

'

'

-94

-252

-11

'

'

'

-263

'

-357

'

-37

-659

'

Provision for credit losses

'

'

'

'

'

'

3,476

2,719

1,606

'

'

'

4,325

'

7,801

'

17,246

10,661

'

Depreciation and amortization

'

'

'

'

'

'

3,159

2,921

1,125

'

'

'

4,046

'

7,205

'

3,653

10,739

'

Costs and Expenses

'

'

'

'

'

'

23,825

24,026

22,290

'

'

'

46,316

'

70,141

'

83,136

92,497

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-74

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

4,426

6,520

'

'

'

6,520

'

6,520

'

'

6,520

'

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

'

4,426

'

4,426

'

'

4,426

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

82

97

-1,461

'

'

'

-1,364

'

-1,282

'

63

-1,198

'

Interest Expense

'

'

'

'

'

'

-4,276

-4,167

-2,369

'

'

'

-6,536

'

-10,812

'

-4,741

-15,343

'

Other Income

'

'

'

'

'

'

696

203

1,086

'

'

'

1,289

'

1,985

'

2,103

2,242

'

Reportable Legal Entities [Member] | RAI [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Financial fund management

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Commercial finance

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Total revenues

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Financial fund management

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Commercial finance

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

General and administrative

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Gain on sale of leases and loans

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Provision for credit losses

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Depreciation and amortization

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

0

0

'

'

'

0

'

0

'

'

0

'

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

'

0

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Interest Expense

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Other Income

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Reportable Legal Entities [Member] | RAI [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Financial fund management

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Commercial finance

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Total revenues

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Financial fund management

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Commercial finance

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

General and administrative

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Gain on sale of leases and loans

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Provision for credit losses

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Depreciation and amortization

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses

'

'

'

'

'

'

0

'

0

'

'

'

0

'

0

'

0

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

-4,426

0

'

'

'

0

'

0

'

'

0

'

Gain on extinguishment of servicing and repurchase liabilities

'

'

'

'

'

'

'

'

'

'

'

'

-4,426

'

-4,426

'

'

-4,426

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Interest Expense

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Other Income

'

'

'

'

'

'

-612

-612

-611

'

'

'

-1,223

'

-1,835

'

-2,174

-2,455

'

Other income (expense), net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,174

-2,455

'

Reportable Legal Entities [Member] | RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Real estate

'

'

'

'

'

'

2,085

1,202

1,363

2,945

880

1,793

2,565

2,673

4,650

5,618

'

'

'

Financial fund management

'

'

'

'

'

'

721

1,535

2,402

1,257

267

672

3,937

939

4,658

2,197

'

'

'

Commercial finance

'

'

'

'

'

'

0

'

144

139

'

24

'

'

144

287

'

'

'

Total revenues

'

25,211

35,669

26,262

28,726

25,211

21,987

26,150

22,638

0

0

0

48,788

0

70,775

0

123,698

95,986

0

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

General and administrative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Costs and Expenses

'

'

'

'

'

'

9,631

15,743

7,698

0

0

0

23,441

0

33,072

0

63,850

50,103

0

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Interest Expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other Income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,197

3,869

0

Other income (expense), net

'

'

'

'

'

'

3,875

-17

11

0

0

0

-6

0

3,869

0

19,197

3,869

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-62,520

'

'

Reportable Legal Entities [Member] | RSO [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Reportable Legal Entities [Member] | RSO [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

21,987

26,150

22,638

'

'

'

48,788

'

70,775

'

123,698

95,986

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

'

10,920

16,914

9,507

'

'

'

26,421

'

37,341

'

78,452

62,139

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

'

3,875

-17

11

'

'

'

-6

'

3,869

'

19,197

3,869

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-62,520

'

'

Reportable Legal Entities [Member] | RSO [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

'

0

0

'

'

'

0

'

'

'

'

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

'

-1,289

-1,171

-1,809

'

'

'

-2,980

'

-4,269

'

-14,602

-12,036

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

'

'

'

Net loss attributable to noncontrolling interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Consolidation, Eliminations [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

-4,501

-4,988

-4,235

-3,510

-4,181

-3,632

-3,221

-4,036

0

0

0

-7,257

0

-10,889

0

-17,234

-15,070

0

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

General and administrative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Gain on sale of leases and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Provision for credit losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Costs and Expenses

'

'

'

'

'

'

-2,582

-2,389

-3,110

0

0

0

-5,499

0

-8,081

0

-16,360

-11,061

0

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment on investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

Gain on sale of management contract

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Interest Expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other Income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

227

212

0

Other income (expense), net

'

'

'

'

'

'

34

36

39

0

0

0

75

0

109

0

227

212

'

Consolidation, Eliminations [Member] | As Previously Reported [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

Consolidation, Eliminations [Member] | Restatement Adjustments - RSO [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

'

0

0

'

'

'

0

'

'

'

0

0

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

0

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

'

0

0

0

'

'

'

0

'

0

'

0

'

'

Consolidation, Eliminations [Member] | Restatement Adjustment - Elimination [Member]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REVENUES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

'

'

'

'

'

-3,632

-3,221

-4,036

'

'

'

-7,257

'

-10,889

'

-17,234

-15,070

'

Costs and Expenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Costs and Expenses

'

'

'

'

'

'

-2,582

-2,389

-3,110

'

'

'

-5,499

'

-8,081

'

-16,360

-11,061

'

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other income (expense), net

'

'

'

'

'

'

$34

$36

$39

'

'

'

$75

'

$109

'

$227

$212

'

UNAUDITED_QUARTERLY_FINANCIAL_5

UNAUDITED QUARTERLY FINANCIAL DATA (Consolidated Statements of Cash Flows) (Details) (USD $)	3 Months Ended	6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2010	Mar. 31, 2011	Jun. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'	'	'	'
Net income (loss)	$10,452,000	$9,854,000	$23,260,000	$87,804,000	$19,609,000	($16,675,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Impairment charges	'	'	'	2,280,000	'	'
Provision for credit losses	'	'	'	17,246,000	10,661,000	5,209,000
Equity in earnings (losses) of unconsolidated entities	'	'	'	-3,439,000	-10,377,000	'
Gain on sale of leases and loans	'	'	'	-37,000	-659,000	'
Other-than-temporary impairment losses recognized in earnings	'	'	'	74,000	'	'
Gain on sale of management contract	'	'	'	'	-6,520,000	'
Loss from discontinued operations	'	2,153,000	2,176,000	58,000	2,202,000	-622,000
Net cash used in operating activities	-20,263,000	-465,000	18,067,000	-5,447,000	15,186,000	26,439,000
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Net cash provided by (used in) investing activities	-58,803,000	-100,904,000	-137,653,000	105,965,000	-473,884,000	-2,520,000
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net cash (used in) provided by financing activities	82,353,000	106,569,000	137,077,000	-104,295,000	473,178,000	-38,873,000
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Operating activities	'	'	'	-1,285,000	-1,268,000	0
Net cash used in discontinued operations	'	52,000	-181,000	-1,285,000	-1,268,000	0
(Decrease) increase in cash	3,287,000	5,252,000	17,310,000	-5,062,000	13,212,000	-14,954,000
Cash, beginning of year	11,243,000	11,243,000	11,243,000	24,455,000	11,243,000	26,197,000
Cash, end of year	14,530,000	16,495,000	28,553,000	19,393,000	24,455,000	11,243,000
As Previously Reported [Member]	'	'	'	'	'	'
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'	'	'	'
Net income (loss)	-1,192,000	-5,175,000	-5,083,000	26,182,000	-7,429,000	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Loss from discontinued operations	'	2,153,000	2,176,000	58,000	2,202,000	'
Net cash used in operating activities	-2,974,000	-4,236,000	-1,530,000	-1,996,000	-1,463,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Net cash provided by (used in) investing activities	1,030,000	-14,184,000	-19,703,000	4,420,000	-50,896,000	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net cash (used in) provided by financing activities	5,231,000	23,620,000	38,724,000	-6,201,000	66,839,000	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Net cash used in discontinued operations	'	52,000	-181,000	-1,285,000	-1,268,000	'
(Decrease) increase in cash	3,287,000	5,252,000	17,310,000	-5,062,000	13,212,000	'
Cash, beginning of year	11,243,000	11,243,000	11,243,000	24,455,000	11,243,000	'
Cash, end of year	14,530,000	16,495,000	28,553,000	19,393,000	24,455,000	'
Restatement Adjustments - RSO [Member]	'	'	'	'	'	'
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'	'	'	'
Net income (loss)	13,142,000	22,361,000	37,303,000	64,443,000	37,716,000	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Loss from discontinued operations	'	0	0	0	0	'
Net cash used in operating activities	-16,678,000	4,994,000	21,432,000	-1,165,000	19,409,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Net cash provided by (used in) investing activities	-59,833,000	-96,941,000	-133,039,000	101,621,000	-438,209,000	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net cash (used in) provided by financing activities	76,511,000	91,947,000	111,607,000	-100,456,000	418,800,000	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Net cash used in discontinued operations	'	0	0	0	0	'
(Decrease) increase in cash	0	0	0	0	0	'
Cash, beginning of year	0	0	0	0	0	'
Cash, end of year	0	0	0	0	0	'
Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'	'	'	'
Net income (loss)	-1,498,000	-7,332,000	-8,960,000	-2,821,000	-10,678,000	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Loss from discontinued operations	'	0	0	0	0	'
Net cash used in operating activities	-611,000	-1,223,000	-1,835,000	-2,286,000	-2,760,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Net cash provided by (used in) investing activities	0	10,221,000	15,089,000	-76,000	15,221,000	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net cash (used in) provided by financing activities	611,000	-8,998,000	-13,254,000	2,362,000	-12,461,000	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Net cash used in discontinued operations	'	0	0	0	0	'
(Decrease) increase in cash	0	0	0	0	0	'
Cash, beginning of year	0	0	0	0	0	'
Cash, end of year	0	0	0	0	0	'
RAI [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Depreciation and amortization	1,999,000	6,331,000	10,955,000	4,875,000	15,868,000	12,088,000
Impairment charges	'	0	0	2,280,000	0	2,828,000
Provision for credit losses	2,405,000	5,124,000	8,600,000	17,246,000	11,460,000	5,209,000
Equity in earnings (losses) of unconsolidated entities	-1,427,000	-1,944,000	-9,367,000	-3,439,000	-10,377,000	-4,870,000
Distributions from unconsolidated entities	663,000	2,751,000	5,018,000	3,463,000	4,522,000	5,104,000
Gain on sale of leases and loans	-11,000	-263,000	-357,000	-37,000	-659,000	8,097,000
Other-than-temporary impairment losses recognized in earnings	'	'	'	74,000	0	809,000
Gain on sale of loans and investment securities, net	1,461,000	1,364,000	1,282,000	-972,000	1,198,000	451,000
Gain on sale of assets	0	0	0	-84,000	-196,000	-2,870,000
Gain on sale of management contract	-6,520,000	-6,520,000	-6,520,000	0	-6,520,000	0
Gain on extinguishment of servicing and repurchase liabilities	'	0	0	'	0	'
Deferred income tax provision	422,000	-3,065,000	-1,667,000	13,393,000	-5,657,000	-4,564,000
Equity-based compensation issued	781,000	1,401,000	1,963,000	1,286,000	2,525,000	3,573,000
Equity-based compensation received	0	0	0	0	0	-1,441,000
Decrease in commercial finance investments	0	0	0	0	0	17,603,000
Loss from discontinued operations	'	2,153,000	2,176,000	58,000	2,202,000	-622,000
Changes in operating assets and liabilities	-611,000	-1,047,000	-2,983,000	-2,911,000	-2,624,000	1,719,000
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Capital expenditures	-38,000	-411,000	-739,000	-222,000	-1,165,000	-782,000
Payments received on real estate loans and real estate	'	0	16,291,000	1,726,000	16,487,000	9,205,000
Investments in unconsolidated real estate entities	-283,000	-419,000	-854,000	-1,608,000	-2,371,000	-1,821,000
Purchase of commercial finance assets	-10,690,000	-25,790,000	-65,762,000	-18,483,000	-105,777,000	-11,771,000
Principal payments received on leases and loans	'	0	18,732,000	9,043,000	29,056,000	0
Purchase of loans and investments	0	0	0	-1,874,000	0	-1,445,000
Proceeds from sale of management contract	9,095,000	9,095,000	9,095,000	0	9,095,000	0
Proceeds from sale of loans and investments	2,946,000	3,341,000	3,534,000	262,000	3,779,000	4,094,000
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Increase in borrowings	1,000,000	31,000,000	66,217,000	128,845,000	106,043,000	103,401,000
Principal payments on borrowings	-1,908,000	-13,756,000	-45,776,000	-129,416,000	-55,778,000	-128,767,000
Dividends paid	-551,000	-1,105,000	-1,675,000	-2,310,000	-2,246,000	-1,636,000
Proceeds from issuance of common stock	'	1,853,000	1,914,000	2,131,000	1,914,000	58,000
Proceeds from issuance of LEAF preferred stock	'	0	0	'	0	'
(Increase) decrease in restricted cash	6,617,000	-3,518,000	4,947,000	-664,000	4,530,000	-9,277,000
Other	73,000	-1,075,000	-1,992,000	-2,275,000	-2,299,000	-2,652,000
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Operating activities	'	52,000	-181,000	-1,285,000	-1,268,000	'
Cash, beginning of year	'	'	'	24,455,000	'	'
Cash, end of year	14,530,000	16,495,000	28,553,000	19,393,000	24,455,000	'
RAI [Member] | As Previously Reported [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Depreciation and amortization	1,911,000	6,243,000	10,867,000	4,875,000	15,780,000	'
Impairment charges	'	'	'	2,280,000	'	'
Provision for credit losses	1,606,000	4,325,000	7,801,000	17,246,000	10,661,000	'
Equity in earnings (losses) of unconsolidated entities	-1,427,000	-1,944,000	-9,367,000	-3,439,000	-10,377,000	'
Distributions from unconsolidated entities	663,000	2,751,000	5,018,000	3,463,000	4,522,000	'
Gain on sale of leases and loans	-11,000	-263,000	-357,000	-37,000	-659,000	'
Other-than-temporary impairment losses recognized in earnings	'	'	'	74,000	'	'
Gain on sale of loans and investment securities, net	1,461,000	1,364,000	1,282,000	-972,000	1,198,000	'
Gain on sale of assets	'	'	'	-84,000	-196,000	'
Gain on sale of management contract	-6,520,000	-6,520,000	-6,520,000	'	-6,520,000	'
Gain on extinguishment of servicing and repurchase liabilities	'	-4,426,000	-4,426,000	'	-4,426,000	'
Deferred income tax provision	422,000	-3,065,000	-1,667,000	13,393,000	-5,657,000	'
Equity-based compensation issued	781,000	1,401,000	1,963,000	1,286,000	2,525,000	'
Equity-based compensation received	-57,000	-33,000	-234,000	-153,000	-463,000	'
Loss from discontinued operations	'	2,153,000	2,176,000	58,000	2,202,000	'
Changes in operating assets and liabilities	-611,000	-1,047,000	-2,983,000	-2,911,000	-2,624,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Capital expenditures	-38,000	-411,000	-739,000	-222,000	-1,165,000	'
Payments received on real estate loans and real estate	'	'	16,291,000	1,726,000	16,487,000	'
Investments in unconsolidated real estate entities	-283,000	-419,000	-854,000	-1,608,000	-2,371,000	'
Purchase of commercial finance assets	-10,690,000	-25,790,000	-65,762,000	-18,483,000	-105,777,000	'
Principal payments received on leases and loans	'	'	18,732,000	9,043,000	29,056,000	'
Purchase of loans and investments	'	'	'	-1,874,000	0	'
Proceeds from sale of management contract	9,095,000	9,095,000	9,095,000	'	9,095,000	'
Proceeds from sale of loans and investments	2,946,000	3,341,000	3,534,000	262,000	3,779,000	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Increase in borrowings	1,000,000	31,000,000	66,217,000	128,845,000	106,043,000	'
Principal payments on borrowings	-1,908,000	-13,756,000	-45,776,000	-129,416,000	-55,778,000	'
Dividends paid	-551,000	-1,105,000	-1,675,000	-2,310,000	-2,246,000	'
Proceeds from issuance of common stock	'	1,853,000	1,914,000	2,131,000	1,914,000	'
Proceeds from issuance of LEAF preferred stock	'	10,221,000	15,221,000	'	15,221,000	'
(Increase) decrease in restricted cash	6,617,000	-3,518,000	4,947,000	-664,000	4,530,000	'
Other	73,000	-1,075,000	-1,992,000	-2,275,000	-2,299,000	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Operating activities	'	52,000	-181,000	-1,285,000	-1,268,000	'
Cash, beginning of year	11,243,000	11,243,000	11,243,000	24,455,000	11,243,000	'
Cash, end of year	14,530,000	16,495,000	28,553,000	19,393,000	24,455,000	'
RAI [Member] | Restatement Adjustments - RSO [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Depreciation and amortization	0	'	0	0	0	'
Impairment charges	'	'	'	0	'	'
Provision for credit losses	0	0	0	0	0	'
Equity in earnings (losses) of unconsolidated entities	0	0	0	0	0	'
Distributions from unconsolidated entities	0	0	0	0	0	'
Gain on sale of leases and loans	0	0	0	0	0	'
Other-than-temporary impairment losses recognized in earnings	'	'	'	0	'	'
Gain on sale of loans and investment securities, net	0	0	0	0	0	'
Gain on sale of assets	'	'	'	0	0	'
Gain on sale of management contract	0	0	0	'	0	'
Gain on extinguishment of servicing and repurchase liabilities	'	0	0	'	0	'
Deferred income tax provision	0	0	0	0	0	'
Equity-based compensation issued	0	0	0	0	0	'
Equity-based compensation received	0	0	0	0	0	'
Loss from discontinued operations	'	0	0	0	0	'
Changes in operating assets and liabilities	0	0	0	0	0	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Capital expenditures	0	0	0	0	0	'
Payments received on real estate loans and real estate	'	'	0	0	0	'
Investments in unconsolidated real estate entities	0	0	0	0	0	'
Purchase of commercial finance assets	0	0	0	0	0	'
Principal payments received on leases and loans	'	'	0	0	0	'
Purchase of loans and investments	'	'	'	0	0	'
Proceeds from sale of management contract	0	0	0	'	0	'
Proceeds from sale of loans and investments	0	0	0	0	0	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Increase in borrowings	0	0	0	0	0	'
Principal payments on borrowings	0	0	0	0	0	'
Dividends paid	0	0	0	0	0	'
Proceeds from issuance of common stock	'	0	0	0	0	'
Proceeds from issuance of LEAF preferred stock	'	0	0	'	0	'
(Increase) decrease in restricted cash	0	0	0	0	0	'
Other	0	0	0	0	0	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Operating activities	'	0	0	0	0	'
Cash, beginning of year	'	'	'	0	'	'
Cash, end of year	0	0	0	0	0	'
RAI [Member] | Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Depreciation and amortization	88,000	88,000	88,000	0	88,000	'
Impairment charges	'	'	'	0	'	'
Provision for credit losses	799,000	799,000	799,000	0	799,000	'
Equity in earnings (losses) of unconsolidated entities	0	0	0	0	0	'
Distributions from unconsolidated entities	0	0	0	0	0	'
Gain on sale of leases and loans	0	0	0	0	0	'
Other-than-temporary impairment losses recognized in earnings	'	'	'	0	'	'
Gain on sale of loans and investment securities, net	0	0	0	0	0	'
Gain on sale of assets	'	'	'	0	0	'
Gain on sale of management contract	0	0	0	'	0	'
Gain on extinguishment of servicing and repurchase liabilities	'	4,426,000	4,426,000	'	4,426,000	'
Deferred income tax provision	0	0	0	0	0	'
Equity-based compensation issued	0	0	0	0	0	'
Equity-based compensation received	57,000	33,000	234,000	153,000	463,000	'
Loss from discontinued operations	'	0	0	0	0	'
Changes in operating assets and liabilities	0	0	0	0	0	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Capital expenditures	0	0	0	0	0	'
Payments received on real estate loans and real estate	'	'	0	0	0	'
Investments in unconsolidated real estate entities	0	0	0	0	0	'
Purchase of commercial finance assets	0	0	0	0	0	'
Principal payments received on leases and loans	'	'	0	0	0	'
Purchase of loans and investments	'	'	'	0	0	'
Proceeds from sale of management contract	0	0	0	'	0	'
Proceeds from sale of loans and investments	0	0	0	0	0	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Increase in borrowings	0	0	0	0	0	'
Principal payments on borrowings	0	0	0	0	0	'
Dividends paid	0	0	0	0	0	'
Proceeds from issuance of common stock	'	0	0	0	0	'
Proceeds from issuance of LEAF preferred stock	'	-10,221,000	-15,221,000	'	-15,221,000	'
(Increase) decrease in restricted cash	0	0	0	0	0	'
Other	0	0	0	0	0	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Operating activities	'	0	0	0	0	'
Cash, beginning of year	'	'	'	0	'	'
Cash, end of year	0	0	0	0	0	'
RSO [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Change in cash attributable to operations of consolidated VIE - RSO	-29,877,000	-16,604,000	-14,293,000	-65,226,000	-16,165,000	0
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Purchase of loans and investments	-213,887,000	-436,374,000	-592,226,000	-769,762,000	-1,072,132,000	0
Principal payments and proceeds from sales received by consolidated VIE - RSO	145,670,000	295,166,000	370,238,000	822,476,000	663,663,000	0
Increase in restricted cash of consolidated VIE - RSO	-4,053,000	-20,023,000	22,334,000	50,756,000	31,014,000	0
Other investing activity of consolidated VIE - RSO	12,437,000	74,511,000	81,704,000	-1,925,000	-45,533,000	0
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net (repayments) borrowings of debt by consolidated VIE - RSO	15,109,000	23,687,000	50,411,000	-207,149,000	358,029,000	0
Dividends paid on common stock by consolidated VIE - RSO	-13,944,000	-30,922,000	-48,877,000	-71,876,000	-67,414,000	0
Proceeds from issuance of common stock	76,619,000	100,946,000	112,449,000	171,056,000	129,911,000	0
Other	-662,000	-541,000	-541,000	9,687,000	729,000	0
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Dividends, Preferred Stock	'	'	0	'	'	'
RSO [Member] | As Previously Reported [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Change in cash attributable to operations of consolidated VIE - RSO	0	0	0	0	0	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Purchase of loans and investments	0	0	0	0	0	'
Principal payments and proceeds from sales received by consolidated VIE - RSO	0	0	0	0	0	'
Increase in restricted cash of consolidated VIE - RSO	0	0	0	0	0	'
Other investing activity of consolidated VIE - RSO	0	0	0	0	0	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net (repayments) borrowings of debt by consolidated VIE - RSO	0	0	0	0	0	'
Dividends paid on common stock by consolidated VIE - RSO	0	0	0	0	0	'
Proceeds from issuance of common stock	0	'	0	0	0	'
Other	0	0	0	0	0	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Dividends, Preferred Stock	'	'	-132,000	'	'	'
RSO [Member] | Restatement Adjustments - RSO [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Change in cash attributable to operations of consolidated VIE - RSO	-29,820,000	-17,367,000	-15,871,000	-65,608,000	-18,307,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Purchase of loans and investments	-213,887,000	-446,595,000	-607,447,000	-769,762,000	-1,087,353,000	'
Principal payments and proceeds from sales received by consolidated VIE - RSO	145,670,000	295,166,000	370,238,000	822,476,000	663,663,000	'
Increase in restricted cash of consolidated VIE - RSO	-4,053,000	-20,023,000	22,334,000	50,756,000	31,014,000	'
Other investing activity of consolidated VIE - RSO	12,437,000	74,511,000	81,836,000	-1,849,000	-45,533,000	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net (repayments) borrowings of debt by consolidated VIE - RSO	15,109,000	23,687,000	50,411,000	-207,149,000	358,029,000	'
Dividends paid on common stock by consolidated VIE - RSO	-14,555,000	-32,145,000	-50,712,000	-74,050,000	-69,869,000	'
Proceeds from issuance of common stock	76,619,000	100,946,000	112,449,000	171,056,000	129,911,000	'
Other	-662,000	-541,000	-541,000	9,687,000	729,000	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Dividends, Preferred Stock	'	'	0	'	'	'
RSO [Member] | Restatement Adjustment - Elimination [Member]	'	'	'	'	'	'
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'	'	'	'	'
Change in cash attributable to operations of consolidated VIE - RSO	-57,000	763,000	1,578,000	382,000	2,142,000	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'	'	'	'
Purchase of loans and investments	0	10,221,000	15,221,000	0	15,221,000	'
Principal payments and proceeds from sales received by consolidated VIE - RSO	0	0	0	0	0	'
Increase in restricted cash of consolidated VIE - RSO	0	0	0	0	0	'
Other investing activity of consolidated VIE - RSO	0	0	-132,000	-76,000	0	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'	'	'	'
Net (repayments) borrowings of debt by consolidated VIE - RSO	0	0	0	0	0	'
Dividends paid on common stock by consolidated VIE - RSO	611,000	1,223,000	1,835,000	2,174,000	2,455,000	'
Proceeds from issuance of common stock	0	0	0	0	0	'
Other	0	0	0	0	0	'
Net Cash Provided by (Used in) Discontinued Operations [Abstract]	'	'	'	'	'	'
Dividends, Preferred Stock	'	'	$132,000	'	'	'

VARIABLE_INTEREST_ENTITIES_RSO

VARIABLE INTEREST ENTITIES RSO Balance Sheets Detail (Details) (USD $)

Sep. 30, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Sep. 30, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Sep. 30, 2009

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2011

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Dec. 31, 2012

Dec. 31, 2011

In Thousands, unless otherwise specified

RSO [Member]

RSO [Member]

RSO [Member]

Reportable Legal Entities [Member]

Reportable Legal Entities [Member]

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

ASSETS

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash and cash equivalents

$19,393

$24,455

$28,553

$16,495

$14,530

$11,243

$9,164

$7,324

$8,409

$26,197

$85,278

$43,116

$29,488

'

'

'

'

'

'

'

Restricted cash

'

20,257

'

'

'

'

'

'

'

'

94,112

142,806

'

'

'

'

'

'

'

'

Subtotal- Cash and cash equivalents

'

'

'

'

'

'

'

'

'

'

179,390

185,922

'

'

'

'

'

'

'

'

Investment securities, trading

3,064

240

'

'

'

'

'

'

'

'

24,843

38,673

'

'

'

'

'

'

'

'

Investment securities available-for-sale, pledged as collateral, at fair value

'

'

'

'

'

'

'

'

'

'

195,200

136,188

'

'

'

'

'

'

'

'

Available-for-sale securities

3,966

2,492

'

'

'

'

'

'

'

'

36,390

4,678

'

'

'

'

'

'

'

'

Total investment securities, at fair value

7,030

2,732

'

'

'

'

'

'

'

'

256,433

179,539

'

'

'

'

'

'

'

'

Loans, pledged as collateral and net of allowances of $17.7 million and $27.5 million

'

'

'

'

'

'

'

'

'

'

1,793,780

1,772,063

'

'

'

'

'

'

'

'

Loans receivable–related party

'

'

'

'

'

'

'

'

'

'

8,324

9,497

'

'

'

'

'

'

'

'

Loans held for sale

'

'

'

'

'

'

'

'

'

'

48,894

3,154

'

'

'

'

'

'

'

'

Loans

'

'

'

'

'

'

'

'

'

'

1,849,321

1,776,109

'

1,850,998

1,784,714

'

'

'

-1,677

-8,605

Property available-for-sale

'

'

'

'

'

'

'

'

'

'

0

2,980

'

'

'

'

'

'

'

'

Investment in real estate

'

'

'

'

'

'

'

'

'

'

75,386

48,027

'

'

'

'

'

'

'

'

Investments in unconsolidated entities

'

'

'

'

'

'

'

'

'

'

45,413

47,899

'

'

'

'

'

'

'

'

Investments in real estate and unconsolidated entities

'

'

'

'

'

'

'

'

'

'

120,706

60,056

'

120,799

98,906

'

'

'

-93

-38,850

Linked transactions, at fair value

'

'

'

'

'

'

'

'

'

'

6,835

2,275

'

'

'

'

'

'

'

'

Interest receivable

'

'

'

'

'

'

'

'

'

'

7,763

8,836

'

'

'

'

'

'

'

'

Deferred tax assets, net

'

'

'

'

'

'

'

'

'

'

2,766

626

'

'

'

'

'

'

'

'

Principal paydown receivable

'

'

'

'

'

'

'

'

'

'

25,570

0

'

'

'

'

'

'

'

'

Intangible assets

'

'

'

'

'

'

'

'

'

'

13,192

19,813

'

'

'

'

'

'

'

'

Prepaid expenses

'

'

'

'

'

'

'

'

'

'

10,396

648

'

'

'

'

'

'

'

'

Other assets

'

'

'

'

'

'

'

'

'

'

'

'

'

4,109

3,445

'

'

'

'

'

Other assets - RSO

'

'

'

'

'

'

'

'

'

'

70,600

35,609

'

70,631

35,643

'

'

'

-31

-34

Total assets

2,644,263

2,636,985

2,499,477

2,289,368

2,143,064

234,253

'

'

'

'

2,476,450

2,237,235

'

2,478,251

2,284,724

-30,731

-70,245

0

'

'

LIABILITIES

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Borrowings

'

'

'

'

'

'

'

'

'

'

1,785,600

1,794,083

'

'

'

'

'

'

'

'

Distribution payable

'

'

'

'

'

'

'

'

'

'

21,655

19,979

'

'

'

'

'

'

'

'

Accrued interest expense

'

'

'

'

'

'

'

'

'

'

2,918

3,260

'

'

'

'

'

'

'

'

Derivatives, at fair value

'

'

'

'

'

'

'

'

'

'

14,687

13,210

'

'

'

'

'

'

'

'

Accrued tax liability

'

'

'

'

'

'

'

'

'

'

13,641

12,567

'

'

'

'

'

'

'

'

Deferred tax liability

'

'

'

'

'

'

'

'

'

'

8,376

5,624

'

'

'

'

'

'

'

'

Accounts payable and other liabilities

'

'

'

'

'

'

'

'

'

'

18,029

6,311

'

'

'

'

'

'

'

'

Other liabilities

'

'

'

'

'

'

'

'

'

'

72,673

58,253

'

79,306

60,951

'

'

'

-6,633

-2,698

Total liabilities

1,907,007

2,108,287

1,962,603

1,751,483

1,603,461

'

'

'

'

'

1,858,273

1,852,336

'

1,864,906

1,855,034

'

'

'

'

'

Stockholders equity

155,598

131,590

136,178

136,644

147,020

'

'

'

'

'

'

'

'

613,345

429,690

'

'

'

-31,895

-31,313

Noncontrolling interests

'

'

'

'

'

'

'

'

'

'

581,450

398,377

'

'

'

'

'

'

'

'

Assets of consolidated Variable Interest Entities (VIEs) included in the total assets above:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted cash

'

'

'

'

'

'

'

'

'

'

90,108

138,120

'

'

'

'

'

'

'

'

Investments securities available-for-sale, pledged as collateral, at fair value

'

'

'

'

'

'

'

'

'

'

135,566

89,045

'

'

'

'

'

'

'

'

Loans held for sale

'

'

'

'

'

'

'

'

'

'

14,894

3,154

'

'

'

'

'

'

'

'

Property available-for-sale

'

'

'

'

'

'

'

'

'

'

0

2,980

'

'

'

'

'

'

'

'

Loans, pledged as collateral and net of allowances of $15.2 million and $17.2 million

'

'

'

'

'

'

'

'

'

'

1,678,719

1,730,950

'

'

'

'

'

'

'

'

Interest receivable

'

'

'

'

'

'

'

'

'

'

5,986

6,003

'

'

'

'

'

'

'

'

Prepaid expenses

'

'

'

'

'

'

'

'

'

'

328

212

'

'

'

'

'

'

'

'

Principal paydown receivable

'

'

'

'

'

'

'

'

'

'

25,570

0

'

'

'

'

'

'

'

'

Other assets

'

'

'

'

'

'

'

'

'

'

333

24

'

'

'

'

'

'

'

'

Total assets of consolidated VIE - RSO

727

944

'

'

'

'

'

'

'

'

1,951,504

1,970,488

'

'

'

'

'

'

'

'

Liabilities of consolidated VIEs included in the total liabilities above:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Borrowings

'

'

'

'

'

'

'

'

'

'

1,614,882

1,689,638

'

'

'

'

'

'

'

'

Accrued interest expense

'

'

'

'

'

'

'

'

'

'

2,666

2,943

'

'

'

'

'

'

'

'

Derivatives, at fair value

'

'

'

'

'

'

'

'

'

'

14,078

12,000

'

'

'

'

'

'

'

'

Accounts payable and other liabilities

'

'

'

'

'

'

'

'

'

'

698

442

'

'

'

'

'

'

'

'

Total liabilities of consolidated VIE - RSO

$189

$300

$1,962,603

$1,751,483

'

'

'

'

'

'

$1,632,324

$1,705,023

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_RSO1

VARIABLE INTEREST ENTITIES RSO Balance Sheets Detail (Parenthetical) (Details) (RSO [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Millions, unless otherwise specified
RSO [Member]	'	'
ASSETS	'	'
Loans, pledged as collateral, allowances	$17.70	$27.50
Variable interest entity, loans, pledged as collateral, allowance	$15.20	$17.20

VARIABLE_INTEREST_ENTITIES_RSO2

VARIABLE INTEREST ENTITIES RSO Income Statement Detail (Details) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Dec. 31, 2012

Dec. 31, 2011

RSO [Member]

RSO [Member]

Interest income:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$109,030,000

$86,739,000

Securities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

14,296,000

12,424,000

Interest income − other

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,004,000

10,711,000

Total interest income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

133,330,000

109,874,000

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,741,000

15,343,000

'

42,792,000

32,186,000

Net interest income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

90,538,000

77,688,000

Rental income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

11,463,000

3,656,000

Dividend income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

69,000

3,045,000

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,439,000

10,377,000

'

-2,709,000

112,000

Fee income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,068,000

7,789,000

Net realized gain on sales of investment securities available-for-sale and loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,106,000

2,643,000

Net realized and unrealized gain on investment securities, trading

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

12,435,000

837,000

Unrealized gain and net interest income on linked transactions, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

728,000

216,000

Total revenues

39,374,000

47,889,000

35,811,000

39,996,000

42,430,000

45,944,000

43,276,000

35,282,000

25,238,000

19,400,000

25,422,000

78,558,000

44,822,000

124,502,000

70,060,000

170,900,000

166,932,000

88,728,000

123,698,000

95,986,000

OPERATING EXPENSES

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Management fees − related party

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

18,512,000

11,022,000

Equity compensation − related party

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,636,000

2,526,000

Professional services

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,700,000

3,791,000

Insurance

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

639,000

658,000

Rental operating expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

8,046,000

2,743,000

General and administrative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,460,000

11,522,000

'

4,434,000

3,950,000

Depreciation and amortization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,653,000

10,739,000

'

5,885,000

4,619,000

Income tax expense

'

'

'

'

'

1,440,000

-119,000

1,167,000

'

'

'

1,048,000

'

2,488,000

'

28,114,000

7,429,000

'

14,602,000

12,036,000

Net impairment losses recognized in earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

180,000

6,898,000

Provision for loan losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

16,818,000

13,896,000

Total operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

78,452,000

62,139,000

Costs and Expenses

'

'

'

'

'

30,874,000

37,380,000

26,878,000

30,372,000

21,276,000

21,002,000

64,258,000

42,278,000

95,132,000

72,650,000

130,626,000

131,539,000

96,920,000

63,850,000

50,103,000

Adjusted operating income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

59,848,000

45,883,000

OTHER REVENUE (EXPENSE)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on consolidation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,498,000

0

Gain on the extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,190,000

'

'

16,699,000

3,875,000

Other income (expense), net

'

'

'

'

'

-201,000

-4,460,000

3,215,000

-2,859,000

-3,955,000

-3,247,000

-1,245,000

-7,202,000

-1,446,000

-10,061,000

75,702,000

-6,153,000

-11,755,000

0

-6,000

Total other revenue (expense)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,197,000

3,869,000

Income (loss) from continuing operations before taxes

'

'

'

'

'

14,869,000

1,436,000

11,619,000

-7,993,000

-5,831,000

1,173,000

13,055,000

-4,658,000

27,924,000

-12,651,000

115,976,000

29,240,000

-19,947,000

79,045,000

49,752,000

Income tax expense

'

'

'

'

'

1,440,000

-119,000

1,167,000

'

'

'

1,048,000

'

2,488,000

'

28,114,000

7,429,000

'

14,602,000

12,036,000

Net income (loss)

-433,000

-2,267,000

30,211,000

-2,382,000

-3,591,000

-517,000

-8,953,000

-1,502,000

-5,315,000

-1,232,000

971,000

-10,455,000

-261,000

-10,972,000

-5,576,000

25,507,000

-14,563,000

-13,451,000

64,443,000

37,716,000

Net income allocated to preferred shares

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,244,000

0

NET INCOME ALLOCABLE TO COMMON SHARES

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$63,199,000

$37,716,000

VARIABLE_INTEREST_ENTITIES_RSO3

VARIABLE INTEREST ENTITIES RSO Cash Flow Detail (Details) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Sep. 30, 2012

Sep. 30, 2011

Dec. 31, 2012

Dec. 31, 2011

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

Reportable Legal Entities [Member]

Reportable Legal Entities [Member]

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

Redeemable Preferred Stock Series A [Member]

Redeemable Preferred Stock Series A [Member]

Redeemable Preferred Stock Series B [Member]

Redeemable Preferred Stock Series B [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

CASH FLOWS FROM OPERATING ACTIVITIES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net income

($433,000)

($2,267,000)

$30,211,000

($2,382,000)

($3,591,000)

($517,000)

($8,953,000)

($1,502,000)

($5,315,000)

($1,232,000)

$971,000

($10,455,000)

($261,000)

($10,972,000)

($5,576,000)

$25,507,000

($14,563,000)

($13,451,000)

$64,443,000

$37,716,000

'

'

'

'

'

'

'

'

'

'

Adjustments to reconcile net income (loss) to net cash used in operating activities:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Provision for loan losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

16,818,000

13,896,000

'

'

'

'

'

'

'

'

'

'

Depreciation of investments in real estate and other

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,838,000

729,000

'

'

'

'

'

'

'

'

'

'

Amortization of intangible assets

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

809,000

4,047,000

3,890,000

'

'

'

'

'

'

'

'

'

'

Amortization of term facilities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

957,000

570,000

'

'

'

'

'

'

'

'

'

'

Accretion of net discounts on loans held for investment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-17,817,000

-15,588,000

'

'

'

'

'

'

'

'

'

'

Accretion of net discounts on securities available-for-sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-3,177,000

-3,698,000

'

'

'

'

'

'

'

'

'

'

Amortization of discount on notes of CDOs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,470,000

274,000

'

'

'

'

'

'

'

'

'

'

Amortization of debt issuance costs on notes of CDOs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,700,000

3,341,000

'

'

'

'

'

'

'

'

'

'

Amortization of stock-based compensation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,636,000

2,526,000

'

'

'

'

'

'

'

'

'

'

Amortization of terminated derivative instruments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

227,000

227,000

'

'

'

'

'

'

'

'

'

'

Accretion of interest-only available-for-sales securities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-719,000

0

'

'

'

'

'

'

'

'

'

'

Deferred income tax benefits

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,329,000

-399,000

'

'

'

'

'

'

'

'

'

'

Purchase of securities, trading

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-8,348,000

-38,904,000

'

'

'

'

'

'

'

'

'

'

Principal payments on securities, trading

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,027,000

643,000

'

'

'

'

'

'

'

'

'

'

Proceeds from sales of securities, trading

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

33,579,000

18,131,000

'

'

'

'

'

'

'

'

'

'

Net realized and unrealized gain on investment securities, trading

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-12,435,000

-837,000

'

'

'

'

'

'

'

'

'

'

(Loss) gain on sale of investment securities, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-63,000

1,198,000

'

-4,106,000

-2,643,000

'

'

'

'

'

'

0

0

'

'

Gain on early extinguishment of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-16,699,000

-3,875,000

'

'

'

'

'

'

'

'

'

'

Other-than-temporary impairment losses recognized in earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

74,000

'

'

180,000

6,898,000

'

'

'

'

'

'

0

'

'

'

Gain on consolidation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,498,000

0

'

'

'

'

'

'

'

'

'

'

Linked Transactions fair value adjustments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-168,000

0

'

'

'

'

'

'

'

'

'

'

Equity in earnings (losses) of unconsolidated entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-3,439,000

-10,377,000

'

2,709,000

-112,000

'

'

'

'

'

'

0

0

'

'

Minority Interest Equity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

114,000

0

'

'

'

'

'

'

'

'

'

'

Adjust for impact of imputed interest on VIE accounting

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,879,000

0

'

'

'

'

'

'

'

'

'

'

Changes in operating assets and liabilities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Decrease in restricted cash

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,062,000

-5,628,000

'

'

'

'

'

'

'

'

'

'

Decrease in interest receivable, net of purchased interest

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

987,000

-2,513,000

'

'

'

'

'

'

'

'

'

'

Increase in subscriptions receivable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,248,000

0

'

'

'

'

'

'

'

'

'

'

Increase in principal paydowns receivable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-25,465,000

363,000

'

'

'

'

'

'

'

'

'

'

Increase in management fee payable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,929,000

974,000

'

'

'

'

'

'

'

'

'

'

Increase in security deposits

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

25,000

80,000

'

'

'

'

'

'

'

'

'

'

Increase in accounts payable and accrued liabilities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,573,000

15,370,000

'

'

'

'

'

'

'

'

'

'

(Decrease) increase in accrued interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-193,000

1,696,000

'

'

'

'

'

'

'

'

'

'

Increase in other assets

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-20,003,000

-520,000

'

'

'

'

'

'

'

'

'

'

Subtotal -consolidated VIE -RSO operating activity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-24,914,000

-5,109,000

'

'

'

'

'

'

'

'

'

'

Change in consolidated VIE -RSO cash for the period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-42,162,000

-13,628,000

'

'

'

'

'

'

'

'

'

'

Change in cash attributable to operations of consolidated VIE - RSO

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-65,226,000

-16,165,000

'

'

'

'

-67,076,000

-18,737,000

'

'

1,850,000

2,572,000

Non-cash incentive compensation to RAI

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

'

'

'

1,468,000

430,000

'

'

-1,468,000

-430,000

Net cash provided by operating activities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

40,997,000

33,037,000

'

'

'

'

'

'

'

'

'

'

CASH FLOWS FROM INVESTING ACTIVITIES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchase of loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-649,983,000

-970,309,000

'

'

'

'

'

'

'

'

'

'

Purchase of securities available-for-sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-119,779,000

-117,044,000

'

'

'

'

'

'

'

'

'

'

Investment in loans - related parties

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

-10,000,000

'

'

'

'

'

'

'

'

'

'

Purchase of loans and investments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

769,762,000

1,072,132,000

'

'

'

'

-769,762,000

-1,087,353,000

'

'

0

-15,221,000

Principal payments received on loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

570,276,000

424,600,000

'

'

'

'

'

'

'

'

'

'

Proceeds from sale of loans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

173,378,000

212,042,000

'

'

'

'

'

'

'

'

'

'

Principal payments on securities available-for-sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

47,284,000

11,810,000

'

'

'

'

'

'

'

'

'

'

Proceeds from sale of securities available-for-sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

28,652,000

13,747,000

'

'

'

'

'

'

'

'

'

'

Proceeds from sale of real estate held-for-sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,886,000

1,464,000

'

'

'

'

'

'

'

'

'

'

Principal payments and proceeds from sales received by consolidated VIE - RSO

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

822,476,000

663,663,000

'

'

'

'

Increase in restricted cash of consolidated VIE - RSO

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

50,756,000

31,014,000

'

'

'

'

'

'

'

'

'

'

Investment in unconsolidated entity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

474,000

-4,762,000

'

'

'

'

'

'

'

'

'

'

Equity contribution to VIE

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-710,000

0

'

'

'

'

'

'

'

'

'

'

Improvement of real estate held-for-sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-138,000

0

'

'

'

'

'

'

'

'

'

'

Purchase of investments in real estate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

-19,299,000

'

'

'

'

'

'

'

'

'

'

Distributions from investments in real estate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,152,000

0

'

'

'

'

'

'

'

'

'

'

Improvements in investments in real estate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-3,878,000

0

'

'

'

'

'

'

'

'

'

'

Purchase of intangible asset

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

-21,213,000

'

'

'

'

'

'

'

'

'

'

Principal payments received on loans – related parties

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,251,000

10,430,000

'

'

'

'

'

'

'

'

'

'

Investments in real estate assets

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

-689,000

'

'

'

'

'

'

'

'

'

'

Other investing activity of consolidated VIE - RSO

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,925,000

-45,533,000

'

'

'

'

-1,849,000

-45,533,000

'

'

-76,000

0

Net cash provided by (used in) investing activities (excluding eliminations)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

101,621,000

-438,209,000

'

'

'

'

'

'

'

'

'

'

Proceeds from borrowings:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Repurchase agreements

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

71,121,000

55,852,000

'

'

'

'

'

'

'

'

'

'

Collateralized debt obligations

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

323,244,000

'

'

'

'

'

'

'

'

'

'

Mortgage payable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

13,600,000

'

'

'

'

'

'

'

'

'

'

Payments on borrowings:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Collateralized debt obligations

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-257,905,000

-28,542,000

'

'

'

'

'

'

'

'

'

'

Repurchase of issued bonds

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

-6,125,000

'

'

'

'

'

'

'

'

'

'

Retirement of debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-20,365,000

0

'

'

'

'

'

'

'

'

'

'

Net borrowings (repayments) of debt by consolidated VIE - RSO

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-207,149,000

358,029,000

'

'

'

'

'

'

'

'

'

'

Dividends paid

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-71,876,000

-67,414,000

'

'

'

'

-74,050,000

-69,869,000

'

'

2,174,000

2,455,000

Net proceeds from issuances of common stock (net of offering costs of $2,165 and $1,263)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

55,502,000

46,347,000

'

'

'

'

'

'

'

'

'

'

Net proceeds from dividend reinvestment and stock purchase plan (net of offering costs of $19 and $11)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

73,044,000

83,564,000

'

'

'

'

'

'

'

'

'

'

Proceeds from issuance of redeemable preferred shares, net of offering costs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

16,411,000

0

26,099,000

0

'

'

'

'

'

'

Net proceeds from issuance of stock by consolidated VIE

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

171,056,000

129,911,000

'

'

'

'

'

'

'

'

'

'

Payment of debt issuance costs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-586,000

-6,385,000

'

'

'

'

'

'

'

'

'

'

Payment of equity to third party sub-note holders

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-3,480,000

0

'

'

'

'

'

'

'

'

'

'

Distributions paid on preferred stock

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-613,000

0

'

'

'

'

'

'

'

'

'

'

Proceeds from CDO retained notes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

14,366,000

7,114,000

'

'

'

'

'

'

'

'

'

'

Other consolidated VIE -RSO financing activity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

9,687,000

729,000

'

'

'

'

'

'

'

'

'

'

Net cash (used in) provided by financing activities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-100,456,000

418,800,000

'

'

'

'

'

'

'

'

'

'

(Decrease) increase in cash

'

'

'

'

'

'

'

3,287,000

'

'

-17,788,000

5,252,000

-18,873,000

17,310,000

-17,033,000

-5,062,000

13,212,000

-14,954,000

42,162,000

13,628,000

'

'

'

'

'

'

'

'

'

'

Cash, beginning of year

19,393,000

'

'

'

28,553,000

16,495,000

14,530,000

11,243,000

7,324,000

8,409,000

26,197,000

11,243,000

26,197,000

11,243,000

26,197,000

24,455,000

11,243,000

26,197,000

43,116,000

29,488,000

'

'

'

'

'

'

'

'

'

'

Cash, end of year

'

19,393,000

'

'

24,455,000

28,553,000

16,495,000

14,530,000

9,164,000

7,324,000

8,409,000

16,495,000

7,324,000

28,553,000

9,164,000

19,393,000

24,455,000

11,243,000

85,278,000

43,116,000

'

'

'

'

'

'

'

'

'

'

SUPPLEMENTAL DISCLOSURE:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest expense paid in cash

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

($3,889,000)

($9,926,000)

($9,433,000)

$41,369,000

$32,596,000

'

'

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_RSO4

VARIABLE INTEREST ENTITIES RSO Cash Flow Detail (Parenthetical) (Details) (RSO [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Net proceeds from dividend reinvestment and stock purchase plan, offering costs	$19	$11
Common Stock [Member]	'	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Offering costs on stock issuance	2,165	1,263
Redeemable Preferred Stock Series A [Member]	'	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Offering costs on stock issuance	781	0
Preferred stock, coupon authorized (in hundredths)	8.50%	'
Redeemable Preferred Stock Series B [Member]	'	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Offering costs on stock issuance	$1,201	$0
Preferred stock, coupon authorized (in hundredths)	8.25%	'

VARIABLE_INTEREST_ENTITIES_SUM

VARIABLE INTEREST ENTITIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) RSO (USD $)

Sep. 30, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Sep. 30, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Sep. 30, 2009

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

Building [Member]

Building [Member]

Site Improvements [Member]

Prime Brokerage Account [Member]

Prime Brokerage Account [Member]

Money Market Account [Member]

Money Market Account [Member]

Checking Accounts [Member]

Checking Accounts [Member]

Accounts at Investment Properties [Member]

Accounts at Investment Properties [Member]

Minimum [Member]

Maximum [Member]

Property, Plant and Equipment [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash and cash equivalents

$19,393,000

$24,455,000

$28,553,000

$16,495,000

$14,530,000

$11,243,000

$9,164,000

$7,324,000

$8,409,000

$26,197,000

$85,278,000

$43,116,000

$29,488,000

'

'

'

$19,900,000

$4,800,000

$20,600,000

$26,000,000

$43,300,000

$12,000,000

$1,500,000

$299,000

Useful life

'

'

'

'

'

'

'

'

'

'

'

'

'

'25 years

'40 years

'

'

'

'

'

'

'

'

'

Useful life

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'Lesser of the remaining life of building or useful life

'

'

'

'

'

'

'

'

Impairment charge on loan investment

'

'

'

'

'

'

'

'

'

'

'

1,700,000

'

'

'

'

'

'

'

'

'

'

'

'

Impairment charges

'

'

'

'

'

'

'

'

'

'

$0

'

'

'

'

'

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_VAR

VARIABLE INTEREST ENTITIES VARIABLE INTEREST ENTITIES (Schedule of Carrying Value of Assets and Liabilities of Consolidated VIEs) (Details) RSO (USD $)	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012
					RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]
								Apidos CDO I Ltd. [Member]	Apidos CDO III Ltd. [Member]	Apidos Cinco CDO Ltd [Member]	Apidos CLO VIII Ltd. [Member]	Whitney CLO I, Ltd. [Member]	Resource Real Estate Funding CDO 2006-1 [Member]	Resource Real Estate Funding CDO 2007-1 [Member]
ASSETS	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Restricted cash	'	'	'	'	$90,108,000	$138,120,000	$90,108,000	$30,799,000	$12,956,000	$22,669,000	$11,027,000	$11,800,000	$20,000	$837,000
Investment securities available-for-sale, pledged as collateral, at fair value	'	'	'	'	135,566,000	89,045,000	135,566,000	8,333,000	6,902,000	11,316,000	501,000	33,700,000	10,796,000	64,018,000
Loans, pledged as collateral	'	'	'	'	1,678,719,000	1,730,950,000	1,678,719,000	177,385,000	209,561,000	306,196,000	329,467,000	146,106,000	226,716,000	283,288,000
Loans held for sale	'	'	'	'	14,894,000	3,154,000	14,894,000	2,671,000	2,770,000	3,657,000	5,796,000	0	0	0
Interest receivable	'	'	'	'	5,986,000	6,003,000	5,986,000	-12,000	720,000	1,050,000	737,000	404,000	1,153,000	1,934,000
Prepaid assets	'	'	'	'	328,000	212,000	328,000	50,000	25,000	30,000	69,000	18,000	78,000	58,000
Principal receivable	'	'	'	'	25,570,000	0	25,570,000	0	0	0	0	0	6,320,000	19,250,000
Other assets	'	'	'	'	333,000	24,000	333,000	0	0	0	0	0	63,000	270,000
Total assets of consolidated VIE - RSO	727,000	944,000	'	'	1,951,504,000	1,970,488,000	1,951,504,000	219,226,000	232,934,000	344,918,000	347,597,000	192,028,000	245,146,000	369,655,000
LIABILITIES	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Borrowings	'	'	'	'	1,614,882,000	1,689,638,000	1,614,882,000	202,968,000	221,304,000	320,550,000	320,998,000	177,415,000	145,664,000	225,983,000
Accrued interest expense	'	'	'	'	2,666,000	2,943,000	2,666,000	380,000	94,000	343,000	1,427,000	266,000	50,000	106,000
Derivatives, at fair value	'	'	'	'	14,078,000	12,000,000	14,078,000	0	0	0	0	0	1,939,000	12,139,000
Accounts payable and other liabilities	'	'	'	'	698,000	442,000	698,000	142,000	16,000	30,000	395,000	92,000	22,000	1,000
Total liabilities of consolidated VIE - RSO	189,000	300,000	1,962,603,000	1,751,483,000	1,632,324,000	1,705,023,000	1,632,324,000	203,490,000	221,414,000	320,923,000	322,820,000	177,773,000	147,675,000	238,229,000
Restricted cash available for reinvestment in certain of the CDOs	'	'	'	'	'	'	$27,500,000	'	'	'	'	'	'	'

VARIABLE_INTEREST_ENTITIES_VAR1

VARIABLE INTEREST ENTITIES VARIABLE INTEREST ENTITIES (Schedule of Classification, Carrying Value, and Maximum Exposure to Loss of Unconsolidated VIEs) (Details) RSO (Variable Interest Entity, Not Primary Beneficiary [Member], USD $)	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012
In Thousands, unless otherwise specified		RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]
			Investments in Unconsolidated Entities [Member]	Intangible Assets [Member]	LEAF [Member]	Unsecured Junior Subordinated Debentures [Member]	Resource Capital Asset Management [Member]	RRE VIP Borrower, LLC [Member]	Varde Investment Partners, LP [Member]
Variable Interest Entity [Line Items]	'	'	'	'	'	'	'	'	'
Investment in unconsolidated entities	'	$37,409	'	'	$33,071	$1,548	$0	$2,264	$526
Intangible assets	'	13,105	'	'	0	0	13,105	0	0
Total assets	'	50,514	'	'	33,071	1,548	13,105	2,264	526
Borrowings	'	50,814	'	'	0	50,814	0	0	0
Total liabilities	'	50,814	'	'	0	50,814	0	0	0
Net asset (liability)	'	-300	'	'	33,071	-49,266	13,105	2,264	526
Unconsolidated Variable Interest Entities, Maximum Exposure to Loss	$2,642	'	$37,409	$13,105	'	'	'	'	'

VARIABLE_INTEREST_ENTITIES_VAR2

VARIABLE INTEREST ENTITIES VARIABLE INTEREST ENTITIES (Details) RSO (USD $)

12 Months Ended

1 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Oct. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Nov. 16, 2011

Dec. 31, 2012

Dec. 31, 2011

Feb. 28, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Oct. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Nov. 16, 2011

Nov. 16, 2011

Nov. 16, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Feb. 28, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 01, 2009

Dec. 31, 2012

Dec. 31, 2012

Jun. 19, 2012

Dec. 31, 2012

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

credit

Series B Preferred Stock [Member]

Investment in RCAM [Member]

Investment in RCAM [Member]

Investment in RCAM [Member]

Varde Investment Partners, LP [Member]

Entity

Investment in RCAM [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Entity

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

Interest in RCT I and RCT II [Member]

Interest in RCT I [Member]

Interest in RCT II [Member]

Investment in RCAM [Member]

RRE VIP Borrower, LLC [Member]

RRE VIP Borrower, LLC [Member]

RRE VIP Borrower, LLC [Member]

RRE VIP Borrower, LLC [Member]

RRE VIP Borrower, LLC [Member]

Varde Investment Partners, LP [Member]

Varde Investment Partners, LP [Member]

Position

LEAF Funding 3 [Member]

Series A Preferred Stock [Member]

Series B Preferred Stock [Member]

Series D Preferred Stock [Member]

Entity

Minimum [Member]

Maximum [Member]

Property

Variable Interest Entity [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of consolidated VIEs

'

'

'

'

'

'

'

'

'

'

7

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of VIEs for which persons of power are considered a related party group

'

'

'

'

'

'

'

'

'

'

6

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number Of Credits Supported In VIEs

'

'

'

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Financial support provided to VIEs

'

'

'

'

'

'

'

'

'

'

$156,000

$710,000

'

'

'

'

'

'

'

'

'

'

'

$591,000

$1,900,000

'

'

'

'

'

Shares received in equity method transaction (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

31,341

4,872

2,364

'

'

'

'

'

'

'

'

'

'

'

Preferred stock, coupon authorized (in hundredths)

'

'

'

'

'

8.00%

'

'

'

'

'

'

'

8.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership percentage in VIE

'

'

'

'

'

'

'

'

'

'

'

'

'

26.70%

'

'

'

'

'

100.00%

'

'

'

'

'

'

'

'

7.50%

'

Investments in unconsolidated entities

'

'

'

45,413,000

47,899,000

'

'

'

'

526,000

'

'

'

33,100,000

36,300,000

'

'

'

'

1,500,000

'

'

'

2,300,000

3,600,000

2,100,000

'

'

'

'

Variable interest entity, number of board positions held by the company

'

'

'

'

'

'

'

'

'

'

'

'

'

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Variable interest entity, total number of board positions

'

'

'

'

'

'

'

'

'

'

'

'

'

6

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Value of equity of variable interest entity, threshold for obliation to contribute cash to VIE (less than approximately $18.7 million)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

18,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Measurement date of value of equity in VIE, number of days after next fiscal year end

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'90 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of total value of trusts owned

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.00%

3.00%

'

'

'

'

'

'

'

'

Borrowings

'

'

'

1,785,600,000

1,794,083,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

25,800,000

25,800,000

'

'

'

'

'

'

'

'

Bank loan assets under management

'

'

'

'

'

'

'

'

1,900,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of CLOs held by purchased entity

'

'

'

'

'

'

'

'

5

'

'

'

'

'

'

'

'

'

'

'

'

'

4

'

'

'

'

'

'

'

Acquisition

'

'

'

'

'

'

'

'

22,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Intangible assets

'

'

'

13,192,000

19,813,000

'

13,100,000

19,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fee income

'

'

'

7,068,000

7,789,000

'

7,000,000

7,800,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Preferred equity acquired

'

'

66.60%

'

'

'

'

'

'

'

'

'

66.60%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Required contribution to joint venture, as a percentage of the total funding required for each asset acquisition on a monthly basis

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.00%

5.00%

'

'

Equity in earnings (losses) of unconsolidated entities

3,439,000

10,377,000

'

-2,709,000

112,000

'

'

'

'

-135,000

'

'

'

'

'

'

'

'

'

'

'

'

'

683,000

112,000

'

'

'

'

'

Number of condominium developments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2

'

Threshold for determination of capital call, aggregate capital contributions (exceeds $500 million)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$500,000,000

VARIABLE_INTEREST_ENTITIES_SUP

VARIABLE INTEREST ENTITIES SUPPLEMENTAL CASH FLOW INFORMATION (Details) RSO (RSO [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Non-cash investing activities include the following:	'	'
Acquisition of real estate investments	($21,661)	($33,073)
Conversion of loans to investment in real estate	21,661	34,550
Net purchase of loans on warehouse line	0	-52,735
Acquisition of loans, pledged as collateral	-230,152	0
Non-cash financing activities include the following:	'	'
Issuance of restricted stock	2,189	1,203
Subscription receivable	1,248	0
Assumption of collateralized debt obligations	206,408	0
Acquisition of loans on warehouse line	0	52,735
Common Stock [Member]	'	'
Non-cash financing activities include the following:	'	'
Distributions on common and preferred stock declared but not paid	21,024	19,979
Redeemable Preferred Stock [Member]	'	'
Non-cash financing activities include the following:	'	'
Distributions on common and preferred stock declared but not paid	$1,244	$0

VARIABLE_INTEREST_ENTITIES_INV

VARIABLE INTEREST ENTITIES INVESTMENT SECURITIES TRADING (Schedule of Investment Trading Securities at Fair Value) (Details) RSO (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011
		RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]
				Structured Finance [Member]	Structured Finance [Member]	Residential Mortgage Backed Securities [Member]	Residential Mortgage Backed Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'	'	'	'	'	'
Amortized Cost	'	$15,460	$36,074	$9,413	$27,345	$6,047	$8,729
Unrealized Gains	1,100	11,752	6,198	10,894	6,098	858	100
Unrealized Losses	'	-2,369	-3,599	-1,028	-1,890	-1,341	-1,709
Fair Value	'	$24,843	$38,673	$19,279	$31,553	$5,564	$7,120

VARIABLE_INTEREST_ENTITIES_INV1

VARIABLE INTEREST ENTITIES INVESTMENT SECURITIES TRADING (Details) RSO (RSO [Member], USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
	Security	Security
RSO [Member]	'	'
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'
Securities purchased	2	27
Securities sold	15	11
Net realized gain (loss)	$5,500,000	$8,000,000
Position liquidated	1	'
Position liquidated gains	$224,000	'
Number of trading securities held	13	27

VARIABLE_INTEREST_ENTITIES_INV2

VARIABLE INTEREST ENTITIES INVESTMENT SECURITIES AVAILABLE-FOR-SALE (Schedule of Available-for-Sale Securities, Fair Value) (Details) RSO (USD $)	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified			RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]
					CMBS [Member]	CMBS [Member]	ABS [Member]	ABS [Member]	Corporate bonds [Member]	Other Asset Backed Securities [Member]	Other Asset Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Amortized Cost	$2,593	$1,148	$243,074	$172,847	$182,828	$144,334	$26,479	$28,513	$33,767	$0	$0
Unrealized Gains	1,388	1,344	6,460	1,367	4,626	1,129	1,700	215	111	23	23
Unrealized Losses	-15	0	-17,944	-33,348	-16,639	-29,821	-1,127	-3,527	-178	0	0
Fair Value	3,966	2,492	231,590	140,866	170,815	115,642	27,052	25,201	33,700	23	23
Investment securities available-for-sale, pledged as collateral, at fair value	'	'	$195,200	$136,188	'	'	'	'	'	'	'

VARIABLE_INTEREST_ENTITIES_INV3

VARIABLE INTEREST ENTITIES INVESTMENT SECURITIES AVAILABLE-FOR-SALE (Estimated Maturities of Available-For-Sale Securities) (Details) RSO (RSO [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Fair Value	'	'
Less than one year	$42,618	$44,583
Greater than one year and less than five years	122,509	68,751
Greater than five years and less than ten years	61,780	25,596
Greater than ten years	4,683	1,936
Total	231,590	140,866
Amortized Cost	'	'
Less than one year	46,522	48,934
Greater than one year and less than five years	131,076	91,199
Greater than five years and less than ten years	60,801	29,527
Greater than ten years	4,675	3,187
Total	243,074	172,847
Weighted Average Coupon	'	'
Less than one year	4.09%	4.45%
Greater than one year and less than five years	4.55%	4.62%
Greater than five years	3.31%	3.52%
Weighted average coupon rate, greater than ten years	4.03%	3.84%
Total	4.12%	4.36%
CMBS, Floating-Rate Loans [Member]	'	'
Fair Value	'	'
Less than one year	'	6,700
CMBS [Member]	'	'
Fair Value	'	'
Less than one year	'	37,900
Total	170,800	115,600
ABS [Member]	'	'
Fair Value	'	'
Less than one year	'	$950

VARIABLE_INTEREST_ENTITIES_INV4

VARIABLE INTEREST ENTITIES INVESTMENT SECURITIES AVAILABLE-FOR-SALE (Gross Unrealized Loss and Fair Value of Securities) (Details) RSO (RSO [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]	'	'
Fair Value	$45,248	$102,309
Unrealized Losses	-632	-17,968
Fair Value	44,695	12,754
Unrealized Losses	-17,312	-15,380
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]	'	'
Fair value, total	89,943	115,063
Gross unrealized losses, total	-17,944	-33,348
CMBS [Member]	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]	'	'
Fair Value	25,803	88,726
Unrealized Losses	-442	-17,033
Fair Value	38,734	8,281
Unrealized Losses	-16,197	-12,788
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]	'	'
Fair value, total	64,537	97,007
Gross unrealized losses, total	-16,639	-29,821
ABS [Member]	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]	'	'
Fair Value	501	13,583
Unrealized Losses	-12	-935
Fair Value	5,961	4,473
Unrealized Losses	-1,115	-2,592
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]	'	'
Fair value, total	6,462	18,056
Gross unrealized losses, total	-1,127	-3,527
Corporate bonds [Member]	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]	'	'
Fair Value	18,944	'
Unrealized Losses	-178	'
Fair Value	0	'
Unrealized Losses	0	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]	'	'
Fair value, total	18,944	'
Gross unrealized losses, total	($178)	'

VARIABLE_INTEREST_ENTITIES_INV5

VARIABLE INTEREST ENTITIES INVESTMENT SECURITIES AVAILABLE-FOR-SALE (Details) RSO (USD $)	12 Months Ended
	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012
		RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]
				CMBS [Member]	CMBS [Member]	ABS [Member]	ABS [Member]	Corporate bonds [Member]
				Security	Security	Security	Security	Security
Schedule of Available-for-sale Securities [Line Items]	'	'	'	'	'	'	'	'
Number of floating rate investment securities in a loss position for more than 12 months	'	'	'	19	8	9	7	'
CMBS, at fair value	'	$231,590,000	$140,866,000	$170,800,000	$115,600,000	'	'	'
Net unrealized losses	74,000	180,000	6,898,000	12,000,000	28,700,000	574,000	3,300,000	67,000
Value of investments using dealer quotes	'	'	'	170,800,000	106,700,000	'	'	'
Value of investments valued by using three weighted average measures	'	0	8,900,000	'	'	'	'	'
Fair value of fixed rate positions	'	'	'	'	'	27,100,000	25,200,000	33,700,000
Other-than-temporary impairment	'	'	'	0	4,600,000	'	'	'
Number of positions, other-than-temporary impairment	'	'	'	'	1	'	'	'
Fair value of CMBS investments with other-than-temporary impairment	'	'	'	'	48,000	'	'	'
Number of securities sold	'	'	'	7	3	5	6	1
Par value of securities sold	'	'	'	31,000,000	15,000,000	4,300,000	8,100,000	2,250,000
Recognized gains on sale	'	'	'	1,400,000	3,500,000	147,000	'	27,000
Recognized losses on sale	'	'	'	'	'	'	2,400,000	'
Number of securities redeemed	'	'	'	'	'	'	'	2
Par value of securities redeemed	'	'	'	'	'	'	'	2,100,000
Recognized gains on redemption	'	'	'	'	'	'	'	13,000
Excess of aggregate discount over aggregate premium	'	'	'	$8,000,000	$13,400,000	$3,100,000	$3,800,000	$604,000

VARIABLE_INTEREST_ENTITIES_INV6

VARIABLE INTEREST ENTITIES INVESTMENTS IN REAL ESTATE (Investments in Real Estate) (Details) RSO (USD $)	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified			RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]
					Multi-Family Property [Member]	Multi-Family Property [Member]	Office Real Estate Property [Member]	Office Real Estate Property [Member]	Hotel property [Member]	Hotel property [Member]
					Property	Property	Property	Property	Property	Property
Real Estate Properties [Line Items]	'	'	'	'	'	'	'	'	'	'
Book Value	'	'	$77,936	$48,726	$42,179	$38,577	$10,149	$10,149	$25,608	$0
Less: Accumulated depreciation	'	'	-2,550	-699	'	'	'	'	'	'
Investments in real estate	$19,149	$19,942	$75,386	$48,027	'	'	'	'	'	'
Number of Properties	'	'	'	'	2	2	1	1	1	0

VARIABLE_INTEREST_ENTITIES_INV7

VARIABLE INTEREST ENTITIES INVESTMENTS IN REAL ESTATE (Estimated Fair Value of the Assets and Liabilities Acquired) (Details) RSO (RSO [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
RSO [Member]	'	'
Business Acquisition [Line Items]	'	'
Investments in Real Estate	$25,500	$48,683
Cash and Cash Equivalents	0	177
Restricted Cash	0	2,360
Intangible Assets	0	2,490
Other Assets	-89	391
Total Assets Acquired	25,411	54,101
Accounts Payable And Other Liabilities	3,750	673
Total Liabilities Assumed	3,750	673
Estimated fair value of net assets acquired	$21,661	$53,428

VARIABLE_INTEREST_ENTITIES_INV8

VARIABLE INTEREST ENTITIES INVESTMENTS IN REAL ESTATE (Pro Forma Information) (Details) RSO (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

In Thousands, except Per Share data, unless otherwise specified

Oct. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Mar. 31, 2011

Mar. 31, 2010

Jun. 30, 2011

Jun. 30, 2010

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Dec. 31, 2012

Dec. 31, 2011

RSO [Member]

RSO [Member]

Business Acquisition [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenue, as reported

$39,374

$47,889

$35,811

$39,996

$42,430

$45,944

$43,276

$35,282

$25,238

$19,400

$25,422

$78,558

$44,822

$124,502

$70,060

$170,900

$166,932

$88,728

$123,698

$95,986

Pro Forma revenue

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

131,028

111,263

Net income, reported

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

63,199

37,716

Pro forma net income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$63,503

$37,535

Earnings per share - basic, reported (in dollars per share)

($0.02)

($0.11)

$1.52

($0.12)

'

'

'

'

'

'

'

'

'

'

'

$1.29

($0.75)

($0.71)

$0.71

$0.54

Earnings per share - diluted, reported (in dollars per share)

($0.02)

($0.11)

$1.44

($0.12)

'

'

'

'

'

'

'

'

'

'

'

$1.24

($0.75)

($0.71)

$0.71

$0.53

Pro forma earnings per share - basic (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0.72

$0.53

Pro forma earnings per share - diluted (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0.71

$0.53

VARIABLE_INTEREST_ENTITIES_INV9

VARIABLE INTEREST ENTITIES INVESTMENTS IN REAL ESTATE (Details) RSO (RSO [Member], USD $)	12 Months Ended			12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Sep. 06, 2012	Dec. 31, 2011	Dec. 31, 2011	Dec. 31, 2012
	Loan	Property	Foreclosed Coconut Grove Florida Property [Member]	Whispertree Apartments [Member]	Foreclosed Pacific Palisades California Property [Member]	Foreclosed Memphis Tennessee Property [Member]
		Loan	Unit	Unit		Unit
Real Estate Line Items [Line Items]	'	'	'	'	'	'
Number of loans foreclosed	1	'	'	'	'	'
Number of loans converted	'	2	'	'	'	'
Number of assets acquired	'	1	'	'	'	'
Real estate acquired through foreclosure	'	'	$25.50	'	$10.70	$22.40
Number of units in real estate property	'	'	179	504	'	400
Percentage occupied on acquisition (in hundredths)	'	'	75.00%	95.00%	60.00%	93.80%
Real estate acquired through purchase	'	'	'	18.1	'	'
New mortgage loan, amount	'	'	'	13.6	'	'
Acquisition price adjustment	$3.90	'	'	'	'	'

VARIABLE_INTEREST_ENTITIES_LOA

VARIABLE INTEREST ENTITIES LOANS HELD FOR INVESTMENT (Summary of Loans) (Details) RSO (USD $)

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Sep. 30, 2009

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

Loan

Bank Loans [Member]

Bank Loans [Member]

Whole Loans [Member]

Commercial Real Estate Loans [Member]

Commercial Real Estate Loans [Member]

Commercial Real Estate Loans [Member]

Commercial Real Estate Loans [Member]

Commercial Real Estate Loans [Member]

Commercial Real Estate Loans [Member]

Commercial Real Estate Loans [Member]

Commercial Real Estate Loans [Member]

Whole Loans [Member]

Whole Loans [Member]

B Notes [Member]

B Notes [Member]

Mezzanine Loans [Member]

Mezzanine Loans [Member]

Receivables with Imputed Interest [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Principal, Gross

'

'

'

'

$1,887,825,000

$1,836,075,000

'

$1,218,563,000

$1,205,826,000

'

$669,262,000

$630,249,000

$569,829,000

$545,828,000

$16,441,000

$16,579,000

$82,992,000

$67,842,000

Unamortized (discount) premium, gross

'

'

'

'

-27,460,000

-33,340,000

'

-25,249,000

-32,073,000

'

-2,211,000

-1,267,000

-1,891,000

-1,155,000

-114,000

-144,000

-206,000

32,000

Gross carrying value of loans held for investment

'

'

'

'

1,860,365,000

1,802,735,000

'

1,193,314,000

1,173,753,000

'

667,051,000

628,982,000

567,938,000

544,673,000

16,327,000

16,435,000

82,786,000

67,874,000

Allowance for loan loss

-27,613,000

-10,935,000

-2,024,000

-4,795,000

-17,691,000

-27,518,000

-34,303,000

'

'

'

'

'

'

'

'

'

'

'

Unamortized (discount) premium, gross, allowance for loan loss

'

'

'

'

0

0

'

'

'

'

'

'

'

'

'

'

'

'

Carrying value, allowance for loan loss

'

'

'

'

-17,691,000

-27,518,000

'

'

'

'

'

'

'

'

'

'

'

'

Principal, Net

'

'

'

'

1,870,134,000

1,808,557,000

'

'

'

'

'

'

'

'

'

'

'

'

Unamortized (discount) premium, net

'

'

'

'

-27,460,000

-33,340,000

'

'

'

'

'

'

'

'

'

'

'

'

Net carrying value of loans held for investment

'

'

'

'

1,842,674,000

1,775,217,000

'

'

'

'

'

'

'

'

'

'

'

'

Deferred amendment fees

'

'

'

'

450,000

286,000

'

'

'

'

'

'

'

'

'

'

'

'

Deferred upfront fee

'

'

'

'

'

'

'

334,000

0

'

'

'

'

'

'

'

'

'

Loan origination fees

'

'

'

'

'

'

'

'

'

'

1,900,000

984,000

'

'

'

'

'

'

Extension and exit fees

'

'

'

'

'

'

'

'

'

'

214,000

123,000

'

'

'

'

'

'

Loans held for sale, investment in debt and equity securities

'

'

'

'

14,900,000

3,200,000

'

'

'

'

'

'

'

'

'

'

'

'

Loans held for sale, net

'

'

'

'

$48,894,000

$3,154,000

'

$1,200,000,000

$1,200,000,000

$34,000,000

'

'

'

'

'

'

'

'

Number of loans held for sale

'

'

'

'

2

'

'

'

'

'

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_LOA1

VARIABLE INTEREST ENTITIES LOANS HELD FOR INVESTMENT (Weighted Average Life of Bank Loans, at Amortized Cost) (Details) RSO (RSO [Member], Bank Loans [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
RSO [Member] | Bank Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Less than one year	$10,028	$1,968
Greater than one year and less than five years	821,568	684,376
Five years or greater	361,718	487,409
Total	$1,193,314	$1,173,753

VARIABLE_INTEREST_ENTITIES_LOA2

VARIABLE INTEREST ENTITIES LOANS HELD FOR INVESTMENT (Commercial Real Estate Loans Held for Investment) (Details) RSO (RSO [Member], USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Receivables with Imputed Interest [Line Items]	'	'
Allowance for loan loss	17,691,000	27,518,000
Loans held for sale, net	48,894,000	3,154,000
Number of loans held for sale	2	'
Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Quantity	43	39
Amortized Cost	667,051,000	628,982,000
Allowance for loan loss	9,700,000	3,300,000
Whole Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Allowance for loan loss	6,920,000	22,531,000
Loans held for sale, net	34,000,000	'
Whole Loans [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Amortized Cost	567,938,000	'
Fixed contractual interest in floating rate whole loan	15.00%	15.00%
Whole Loans, Floating Rate [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Loans held for investment, unfunded loan commitments	8,900,000	5,200,000
Whole Loans, Floating Rate [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Quantity	37	32
Amortized Cost	567,938,000	537,708,000
The amortized cost of loans held for investments, fixed rate whole loans included in floating rate whole loans.	2,000,000	2,000,000
Whole Loans, Floating Rate [Member] | Minimum [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Variable rate basis	'LIBOR	'LIBOR
Basis spread on variable rate	2.50%	2.50%
Maturity Dates	'June 2013	'April 2012
Whole Loans, Floating Rate [Member] | Maximum [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Variable rate basis	'LIBOR	'LIBOR
Basis spread on variable rate	5.50%	5.75%
Maturity Dates	'February 2019	'February 2019
Preferred equity tranche [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Amortized Cost	1,000,000	302,000
Preferred equity tranche [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Fixed preferred equity interest in floating rate whole loan	10.00%	10.00%
Whole Loans, Fixed Rate [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Quantity	'	1
Amortized Cost	'	6,965,000
Stated interest rate	'	10.00%
Whole Loans, Fixed Rate [Member] | Maximum [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Maturity Dates	'	'June 2012
B Notes [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Allowance for loan loss	206,000	253,000
B Notes [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Amortized Cost	16,327,000	'
B Notes, Fixed Rate [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Quantity	1	1
Amortized Cost	16,327,000	16,435,000
Stated interest rate	8.68%	8.68%
B Notes, Fixed Rate [Member] | Maximum [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Maturity Dates	'April 2016	'April 2016
Mezzanine Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Allowance for loan loss	860,000	1,437,000
Mezzanine Loans [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Amortized Cost	82,786,000	'
Mezzanine Loans, Floating Rate [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Quantity	2	3
Amortized Cost	15,845,000	53,908,000
Mezzanine Loans, Floating Rate [Member] | Minimum [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Variable rate basis	'LIBOR	'LIBOR
Basis spread on variable rate	2.50%	2.50%
Maturity Dates	'August 2013	'May 2012
Mezzanine Loans, Floating Rate [Member] | Maximum [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Variable rate basis	'LIBOR	'LIBOR
Basis spread on variable rate	7.45%	7.45%
Maturity Dates	'December 2013	'December 2012
Mezzanine Loans, Fixed Rate [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Quantity	3	2
Amortized Cost	66,941,000	13,966,000
Number of loan tranches	2	'
Mezzanine Loans, Fixed Rate [Member] | Minimum [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Stated interest rate	0.50%	8.99%
Maturity Dates	'September 2014	'January 2016
Mezzanine Loans, Fixed Rate [Member] | Maximum [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Stated interest rate	20.00%	11.00%
Maturity Dates	'September 2019	'September 2016
Mezzanine Loans, Fixed Rate, Tranche One [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Stated interest rate	0.50%	'
Mezzanine Loans, Fixed Rate, Tranche Two [Member] | Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Variable rate basis	'LIBOR	'
Basis spread on variable rate	18.50%	'
Stated interest rate	0.50%	'
Not included in total [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Allowance for loan loss	8,000,000	24,200,000

VARIABLE_INTEREST_ENTITIES_LOA3

VARIABLE INTEREST ENTITIES LOANS HELD FOR INVESTMENT (Weighted Average Life of Commercial Real Estate Loans, at Amortized Cost) (Details) RSO (RSO [Member], Commercial Real Estate Loans [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Receivables with Imputed Interest [Line Items]	'	'
2013	$77,127	'
2014	20,694	'
2015 and thereafter	569,230	'
Total	667,051	628,982
B Notes [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
2013	0	'
2014	0	'
2015 and thereafter	16,327	'
Total	16,327	'
Mezzanine Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
2013	5,328	'
2014	20,694	'
2015 and thereafter	56,764	'
Total	82,786	'
Whole Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
2013	71,799	'
2014	0	'
2015 and thereafter	496,139	'
Total	$567,938	'

VARIABLE_INTEREST_ENTITIES_LOA4

VARIABLE INTEREST ENTITIES LOANS HELD FOR INVESTMENT (Allocation of Allowance for Loan Loss for Commercial and Bank Loans) (Details) RSO (RSO [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Receivables with Imputed Interest [Line Items]	'	'
Allowance for Loan Loss	$17,691	$27,518
B Notes [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Allowance for Loan Loss	206	253
Percentage of Total Allowance	1.17%	0.92%
Mezzanine Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Allowance for Loan Loss	860	1,437
Percentage of Total Allowance	4.85%	5.23%
Whole Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Allowance for Loan Loss	6,920	22,531
Percentage of Total Allowance	39.12%	81.87%
Bank Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Allowance for Loan Loss	$9,705	$3,297
Percentage of Total Allowance	54.86%	11.98%

VARIABLE_INTEREST_ENTITIES_LOA5

VARIABLE INTEREST ENTITIES LOANS HELD FOR INVESTMENT (Details) RSO (RSO [Member], USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Receivables with Imputed Interest [Line Items]	'	'
Loans held for sale, net	48,894,000	3,154,000
Allowance for loan loss	17,691,000	27,518,000
Loans, allowances	17,700,000	27,500,000
Bank Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Loans held for sale, net	1,200,000,000	1,200,000,000
Allowance for loan loss	9,705,000	3,297,000
Whole Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Loans held for sale, net	34,000,000	'
Allowance for loan loss	6,920,000	22,531,000
Loans, allowances	6,900,000	22,500,000
Decrease in allowance for loan losses	15,600,000	'
Commercial Real Estate Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Allowance for loan loss	9,700,000	3,300,000
Loans, allowances	8,000,000	24,200,000
Number of loans impaired	1	4
Commercial Real Estate Loans [Member] | California [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Concentration of loan portfolio risk (in hundredths)	47.70%	41.90%
Commercial Real Estate Loans [Member] | Arizona [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Concentration of loan portfolio risk (in hundredths)	7.90%	8.90%
Commercial Real Estate Loans [Member] | Texas [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Concentration of loan portfolio risk (in hundredths)	11.10%	6.00%
Commercial Real Estate Loans [Member] | Florida [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Concentration of loan portfolio risk (in hundredths)	3.30%	8.00%
Commercial Real Estate Loans [Member] | Industry Grouping of Healthcare, Education and Childcare [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Concentration of loan portfolio risk (in hundredths)	13.20%	13.90%
Bank Loans [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Loans, allowances	9,700,000	3,300,000
Number of loans impaired	5	1
Bank Loans [Member] | Minimum [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Variable rate basis	'3-month LIBOR	'three month LIBOR
Basis spread on variable rate	1.50%	1.10%
Bank Loans [Member] | Maximum [Member]	'	'
Receivables with Imputed Interest [Line Items]	'	'
Variable rate basis	'three month LIBOR	'three month LIBOR
Basis spread on variable rate	8.80%	10.60%

Recovered_Sheet7

VARIABLE INTEREST ENTITIES INVESTMENTS IN UNCONSOLIDATED ENTITIES (Details) RSO (USD $)

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Dec. 31, 2012

Dec. 31, 2011

Nov. 16, 2011

Dec. 31, 2012

Nov. 16, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Jun. 19, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 01, 2009

Dec. 31, 2012

Dec. 31, 2012

Jun. 19, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 01, 2009

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Nov. 16, 2011

Nov. 16, 2011

Nov. 16, 2011

Dec. 31, 2012

Dec. 31, 2012

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

Resource Real Estate [Member]

trust

Series B Preferred Stock [Member]

Interest in LCC [Member]

Interest in LCC [Member]

Interest in RCT I and RCT II [Member]

Interest in RCT I and RCT II [Member]

Interest in RCT I [Member]

Interest in RCT II [Member]

RRE VIP Borrower, LLC [Member]

RRE VIP Borrower, LLC [Member]

Varde Investment Partners, LP [Member]

Varde Investment Partners, LP [Member]

Resource Real Estate [Member]

Resource Real Estate [Member]

Resource Real Estate [Member]

Varde Investment Partners, LP [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Varde Investment Partners, LP [Member]

Property

RRE VIP Borrower, LLC [Member]

Interest in RCT I and RCT II [Member]

Varde Investment Partners, LP [Member]

RRE VIP Borrower, LLC [Member]

RRE VIP Borrower, LLC [Member]

RRE VIP Borrower, LLC [Member]

RRE VIP Borrower, LLC [Member]

RRE VIP Borrower, LLC [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

Interest in RCT I and RCT II [Member]

Minimum [Member]

Maximum [Member]

Series A Preferred Stock [Member]

Series B Preferred Stock [Member]

Series D Preferred Stock [Member]

Schedule of Equity Method Investments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares received in equity method transaction (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

31,341

4,872

2,364

'

'

Preferred stock, coupon authorized (in hundredths)

'

'

'

'

8.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

8.00%

'

'

'

'

'

'

Ownership percentage in VIE

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7.50%

'

'

'

'

'

26.70%

'

'

'

'

100.00%

'

Investments in unconsolidated entities

'

'

$45,413,000

$47,899,000

'

'

$36,300,000

'

'

$774,000

$774,000

$2,300,000

$3,600,000

'

'

'

'

'

$526,000

'

'

$2,300,000

$3,600,000

$2,100,000

'

'

$33,100,000

$36,300,000

'

'

'

$1,500,000

'

Loss on transaction

'

'

'

'

'

2,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net income (loss) of equity holdings

'

'

3,300,000

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of trusts

'

'

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Related party interest expense

'

'

'

'

'

'

'

2,500,000

3,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amortization of deferred debt issuance costs

'

'

'

'

'

'

'

183,000

277,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Required contribution to joint venture, as a percentage of the total funding required for each asset acquisition on a monthly basis

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.00%

5.00%

'

'

'

'

'

'

'

Asset management fees percentage (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.00%

'

'

1.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Management fees − related party

'

'

18,512,000

11,022,000

'

'

'

'

'

'

'

'

'

'

'

45,000

34,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

39,000

Equity in earnings (losses) of unconsolidated entities

$3,439,000

$10,377,000

($2,709,000)

$112,000

'

'

'

'

'

'

'

$683,000

$112,000

'

'

'

'

'

($135,000)

'

'

$683,000

$112,000

'

'

'

'

'

'

'

'

'

'

Number of condominium developments purchased by joint venture

'

'

'

'

'

'

'

'

'

'

'

'

'

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_FIN

VARIABLE INTEREST ENTITIES FINANCING RECEIVABLES (Allowance for Loan Losses and Recorded Investments in Loans) (Details) RSO (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011
				RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]
						Commercial Portfolio Segment [Member]	Commercial Portfolio Segment [Member]	Bank Loans [Member]	Bank Loans [Member]	Lease Receivables [Member]	Lease Receivables [Member]	Loans Receivable - Related Party [Member]	Loans Receivable - Related Party [Member]
Activity in the allowance for credit losses of financing receivables [Roll Forward]	'	'	'	'	'	'	'	'	'	'	'	'	'
Allowance for losses at beginning of period	$10,935	$2,024	$4,795	$27,518	$34,303	$24,221	$31,617	$3,297	$2,616	$0	$70	$0	$0
Provision for loan loss	'	'	'	16,818	13,896	5,225	6,478	11,593	7,418	0	0	0	0
Charge-offs	-124	-2,099	-8,067	-26,645	-20,681	-21,460	-13,874	-5,185	-6,737	0	-70	0	0
Allowance for losses at end of period	27,613	10,935	2,024	17,691	27,518	7,986	24,221	9,705	3,297	0	0	0	0
Allowance for losses, ending balance:	'	'	'	'	'	'	'	'	'	'	'	'	'
Individually evaluated for impairment	27,613	10,505	'	5,378	18,658	2,142	17,065	3,236	1,593	0	0	0	0
Collectively evaluated for impairment	0	430	'	12,313	8,860	5,844	7,156	6,469	1,704	0	0	0	0
Loans acquired with deteriorated credit quality	'	'	'	0	0	0	0	0	0	0	0	0	0
Loans, ending balance:	'	'	'	'	'	'	'	'	'	'	'	'	'
Individually evaluated for impairment	62,043	62,622	'	190,067	125,228	177,055	113,038	4,688	2,693	0	0	8,324	9,497
Collectively evaluated for impairment	0	192,442	'	1,677,871	1,687,004	489,996	515,944	1,187,875	1,171,060	0	0	0	0
Loans acquired with deteriorated credit quality	'	'	'	$751	$0	$0	$0	$751	$0	$0	$0	$0	$0

VARIABLE_INTEREST_ENTITIES_FIN1

VARIABLE INTEREST ENTITIES FINANCING RECEIVABLES (Credit Risk Profiles of Bank Loans) (Details) RSO (RSO [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans and receivables	$1,870,134	$1,808,557
Bank Loans [Member] | Bank Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans and receivables	1,193,314	1,173,753
Bank Loans [Member] | Bank Loans [Member] | Rating 1 [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans and receivables	1,095,148	1,076,298
Bank Loans [Member] | Bank Loans [Member] | Rating 2 [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans and receivables	33,677	19,739
Bank Loans [Member] | Bank Loans [Member] | Rating 3 [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans and receivables	27,837	60,329
Bank Loans [Member] | Bank Loans [Member] | Rating 4 [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans and receivables	16,318	11,540
Bank Loans [Member] | Bank Loans [Member] | Rating 5 [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans and receivables	5,440	2,693
Bank Loans [Member] | Bank Loans [Member] | Held for Sale [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans and receivables	$14,894	$3,154

VARIABLE_INTEREST_ENTITIES_FIN2

VARIABLE INTEREST ENTITIES FINANCING RECEIVABLES (Credit Risk Profiles of Commercial Real Estate Loans) (Details) RSO (RSO [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	$1,870,134	$1,808,557
Commercial Portfolio Segment [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	667,051	628,982
Commercial Portfolio Segment [Member] | Rating 1 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	482,079	368,867
Commercial Portfolio Segment [Member] | Rating 2 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	0	87,598
Commercial Portfolio Segment [Member] | Rating 3 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	150,972	134,752
Commercial Portfolio Segment [Member] | Rating 4 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	0	37,765
Commercial Portfolio Segment [Member] | Held for Sale [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	34,000	0
Commercial Portfolio Segment [Member] | Whole Loans [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	567,938	544,673
Commercial Portfolio Segment [Member] | Whole Loans [Member] | Rating 1 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	427,456	329,085
Commercial Portfolio Segment [Member] | Whole Loans [Member] | Rating 2 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	0	87,598
Commercial Portfolio Segment [Member] | Whole Loans [Member] | Rating 3 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	106,482	90,225
Commercial Portfolio Segment [Member] | Whole Loans [Member] | Rating 4 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	0	37,765
Commercial Portfolio Segment [Member] | Whole Loans [Member] | Held for Sale [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	34,000	0
Commercial Portfolio Segment [Member] | B Notes [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	16,327	16,435
Commercial Portfolio Segment [Member] | B Notes [Member] | Rating 1 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	16,327	16,435
Commercial Portfolio Segment [Member] | B Notes [Member] | Rating 2 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	0	0
Commercial Portfolio Segment [Member] | B Notes [Member] | Rating 3 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	0	0
Commercial Portfolio Segment [Member] | B Notes [Member] | Rating 4 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	0	0
Commercial Portfolio Segment [Member] | B Notes [Member] | Held for Sale [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	0	0
Commercial Portfolio Segment [Member] | Mezzanine Loans [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	82,786	67,874
Commercial Portfolio Segment [Member] | Mezzanine Loans [Member] | Rating 1 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	38,296	23,347
Commercial Portfolio Segment [Member] | Mezzanine Loans [Member] | Rating 2 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	0	0
Commercial Portfolio Segment [Member] | Mezzanine Loans [Member] | Rating 3 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	44,490	44,527
Commercial Portfolio Segment [Member] | Mezzanine Loans [Member] | Rating 4 [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	0	0
Commercial Portfolio Segment [Member] | Mezzanine Loans [Member] | Held for Sale [Member]	'	'
Schedule Of Financing Receivables [Line Items]	'	'
Loans and receivables	$0	$0

VARIABLE_INTEREST_ENTITIES_FIN3

VARIABLE INTEREST ENTITIES FINANCING RECEIVABLES (Loan Portfolio Aging Analysis as of the Dates Indicated at Cost Basis) (Details) RSO (USD $)	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified			RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]
					Whole Loans [Member]	Whole Loans [Member]	B Notes [Member]	B Notes [Member]	Mezzanine Loans [Member]	Mezzanine Loans [Member]	Bank Loans [Member]	Bank Loans [Member]	Loans Receivable - Related Party [Member]	Loans Receivable - Related Party [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'	'	'	'	'	'	'	'	'	'	'	'	'
30-59 Days	'	'	$1,549	$0	$0	$0	$0	$0	$0	$0	$1,549	$0	$0	$0
60-89 Days	'	'	0	0	0	0	0	0	0	0	0	0	0	0
Greater than 90 days	2,695	2,141	3,891	0	0	0	0	0	0	0	3,891	0	0	0
Total Past Due	57,542	61,815	5,440	0	0	0	0	0	0	0	5,440	0	0	0
Current	4,501	193,249	1,863,249	1,812,232	567,938	544,673	16,327	16,435	82,786	67,874	1,187,874	1,173,753	8,324	9,497
Total Loans Receivable	'	'	1,868,689	1,812,232	567,938	544,673	16,327	16,435	82,786	67,874	1,193,314	1,173,753	8,324	9,497
Total Loans Greater Than 90 days and accruing	'	'	$0	$0	$0	'	$0	$0	$0	$0	$0	$0	$0	$0

VARIABLE_INTEREST_ENTITIES_FIN4

VARIABLE INTEREST ENTITIES FINANCING RECEIVABLES (Impaired Loans) (Details) RSO (RSO [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Financing Receivable, Impaired [Line Items]	'	'
Net Balance	$189,249	$123,551
Unpaid Principal Balance	189,249	123,551
Specific Allowance	-5,378	-18,658
Average Investment in Impaired Loans	175,330	114,564
Interest Income Recognized	5,455	4,714
Whole Loans [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Loans without a specific valuation allowance, Recorded balance	115,841	75,273
Loans with a specific valuation allowance, Recorded balance	23,142	37,765
Net Balance	138,983	113,038
Loans without a specific valuation allowance, Unpaid Principal Balance	115,841	75,273
Loans with a specific valuation allowance, Unpaid Principal Balance	23,142	37,765
Unpaid Principal Balance	138,983	113,038
Specific Allowance	-2,142	-17,065
Loans without a specific valuation allowance, Average Investment in Impaired Loans	114,682	75,263
Loans with specific valuation allowance, Average Investment in Impaired Loans	22,576	36,608
Average Investment in Impaired Loans	137,258	111,871
Loans without a specific valuation allowance, Interest Income Recognized	3,436	2,682
Loans with a specific valuation allowance, Interest Income Recognized	801	920
Interest Income Recognized	4,237	3,602
B Notes [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Loans without a specific valuation allowance, Recorded balance	0	0
Loans with a specific valuation allowance, Recorded balance	0	0
Net Balance	0	0
Loans without a specific valuation allowance, Unpaid Principal Balance	0	0
Loans with a specific valuation allowance, Unpaid Principal Balance	0	0
Unpaid Principal Balance	0	0
Specific Allowance	0	0
Loans without a specific valuation allowance, Average Investment in Impaired Loans	0	0
Loans with specific valuation allowance, Average Investment in Impaired Loans	0	0
Average Investment in Impaired Loans	0	0
Loans without a specific valuation allowance, Interest Income Recognized	0	0
Loans with a specific valuation allowance, Interest Income Recognized	0	0
Interest Income Recognized	0	0
Mezzanine Loans [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Loans without a specific valuation allowance, Recorded balance	38,072	0
Loans with a specific valuation allowance, Recorded balance	0	0
Net Balance	38,072	0
Loans without a specific valuation allowance, Unpaid Principal Balance	38,072	0
Loans with a specific valuation allowance, Unpaid Principal Balance	0	0
Unpaid Principal Balance	38,072	0
Specific Allowance	0	0
Loans without a specific valuation allowance, Average Investment in Impaired Loans	38,072	0
Loans with specific valuation allowance, Average Investment in Impaired Loans	0	0
Average Investment in Impaired Loans	38,072	0
Loans without a specific valuation allowance, Interest Income Recognized	367	0
Loans with a specific valuation allowance, Interest Income Recognized	0	0
Interest Income Recognized	367	0
Bank Loans [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Loans without a specific valuation allowance, Recorded balance	0	0
Loans with a specific valuation allowance, Recorded balance	5,440	2,693
Net Balance	5,440	2,693
Loans without a specific valuation allowance, Unpaid Principal Balance	0	0
Loans with a specific valuation allowance, Unpaid Principal Balance	5,440	2,693
Unpaid Principal Balance	5,440	2,693
Specific Allowance	-3,236	-1,593
Loans without a specific valuation allowance, Average Investment in Impaired Loans	0	0
Loans with specific valuation allowance, Average Investment in Impaired Loans	0	2,693
Average Investment in Impaired Loans	0	2,693
Loans without a specific valuation allowance, Interest Income Recognized	0	0
Loans with a specific valuation allowance, Interest Income Recognized	0	0
Interest Income Recognized	0	0
Loans Receivable - Related Party [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Loans without a specific valuation allowance, Recorded balance	6,754	7,820
Loans with a specific valuation allowance, Recorded balance	0	0
Net Balance	6,754	7,820
Loans without a specific valuation allowance, Unpaid Principal Balance	6,754	7,820
Loans with a specific valuation allowance, Unpaid Principal Balance	0	0
Unpaid Principal Balance	6,754	7,820
Specific Allowance	0	0
Loans without a specific valuation allowance, Average Investment in Impaired Loans	0	0
Loans with specific valuation allowance, Average Investment in Impaired Loans	0	0
Average Investment in Impaired Loans	0	0
Loans without a specific valuation allowance, Interest Income Recognized	851	1,112
Loans with a specific valuation allowance, Interest Income Recognized	0	0
Interest Income Recognized	$851	$1,112

VARIABLE_INTEREST_ENTITIES_FIN5

VARIABLE INTEREST ENTITIES FINANCING RECEIVABLES (Loan Portfolio Troubled-debt Restructurings) (Details) RSO (RSO [Member], USD $)

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Loan

Loan

Whole Loans [Member]

Whole Loans [Member]

B Notes [Member]

B Notes [Member]

Mezzanine Loans [Member]

Mezzanine Loans [Member]

Bank Loans [Member]

Bank Loans [Member]

Loans Receivable [Member]

Loans Receivable - Related Party [Member]

Loans Receivable - Related Party [Member]

Loan Converted to Real Estate Owned [Member]

Loan

Loan

Loan

Loan

Loan

Loan

Loan

Loan

Loan

Loan

Loan

Whole Loans [Member]

Troubled debt restructuring [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of Loans

9

3

7

2

0

0

1

0

0

0

0

1

1

'

Pre-Modification Outstanding Recorded Balance

$221,577,000

$42,720,000

$175,708,000

$34,739,000

$0

$0

$38,072,000

$0

$0

$0

$0

$7,797,000

$7,981,000

'

Post-Modification Outstanding Recorded Balance

204,291,000

41,054,000

158,422,000

33,073,000

0

0

38,072,000

0

0

0

0

7,797,000

7,981,000

'

Pre-Modification Outstanding Recorded Balance

'

'

'

'

'

'

'

'

'

'

'

'

'

21,800,000

Post-Modification Outstanding Recorded Balance

'

'

'

'

'

'

'

'

'

'

'

'

'

21,800,000

Outstanding loan balance

'

'

'

'

'

'

'

'

'

'

'

$6,800,000

'

'

VARIABLE_INTEREST_ENTITIES_FIN6

VARIABLE INTEREST ENTITIES FINANCING RECEIVABLES (Details) RSO (RSO [Member], USD $)	Dec. 31, 2012	Mar. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified		Loan	Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'
Number of defaulted loans	5	'	'
Loans and receivables	$1,870,134	'	$1,808,557
Bank Loans [Member] | Nonperforming Financing Receivable [Member]	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'
Number of defaulted loans	'	3	1
Loans and receivables	$5,400	'	$2,700

VARIABLE_INTEREST_ENTITIES_INT

VARIABLE INTEREST ENTITIES INTANGIBLE ASSETS (Summary of Intangible Assets) (Details) RSO (RSO [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]	'	'
Beginning Balance	$23,703	$23,703
Accumulated Amortization	-10,511	-3,890
Net Asset	13,192	19,813
Investment in RCAM [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Beginning Balance	21,213	21,213
Accumulated Amortization	-8,108	-2,237
Net Asset	13,105	18,976
Investments in Real Estate [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Beginning Balance	2,490	2,490
Accumulated Amortization	-2,403	-1,653
Net Asset	87	837
Investments in Real Estate [Member] | In Place Leases [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Beginning Balance	2,461	2,461
Accumulated Amortization	-2,379	-1,634
Net Asset	82	827
Investments in Real Estate [Member] | Above (Below) Market Leases [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Beginning Balance	29	29
Accumulated Amortization	-24	-19
Net Asset	$5	$10

VARIABLE_INTEREST_ENTITIES_INT1

VARIABLE INTEREST ENTITIES INTANGIBLE ASSETS (Details) RSO (USD $)	12 Months Ended		1 Months Ended	12 Months Ended					1 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Oct. 31, 2012	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Oct. 31, 2012
			RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]
						Investment in RCAM [Member]	Investment in RCAM [Member]	Depreciation and Amortization [Member]	CVC Capital Partners [Member]
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'	'	'	'
Preferred equity acquired	'	'	66.60%	'	'	'	'	'	66.60%
Write-off of unamortized balance of intangible asset	'	'	$2,600,000	'	'	'	'	'	'
Depreciation and amortization	3,653,000	10,739,000	'	5,885,000	4,619,000	'	'	657,000	'
Expected amortization, 2013	'	'	'	1,900,000	'	'	'	'	'
Expected amortization, 2014	'	'	'	1,800,000	'	'	'	'	'
Expected amortization, 2015	'	'	'	1,800,000	'	'	'	'	'
Expected amortization, 2016	'	'	'	1,800,000	'	'	'	'	'
Expected amortization, 2017	'	'	'	1,800,000	'	'	'	'	'
Weighted average amortization period (in years)	'	'	'	'8 years 8 months 12 days	'8 years	'	'	'	'
Accumulated amortization	'	'	'	10,511,000	3,890,000	8,108,000	2,237,000	'	'
Fee income	'	'	'	$7,068,000	$7,789,000	$7,200,000	$7,800,000	'	'

VARIABLE_INTEREST_ENTITIES_BOR

VARIABLE INTEREST ENTITIES BORROWINGS (Schedule of Debt) (Details) RSO (RSO [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	$1,785,600	$1,794,083
Weighted Average Borrowing Rate	1.62%	1.38%
Weighted Average Remaining Maturity	'12 years 6 months	'15 years 2 months
Value of Collateral	2,089,296	1,988,221
RREF CDO 2006-1 Senior Notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	145,664	157,803
Weighted Average Borrowing Rate	1.42%	1.44%
Weighted Average Remaining Maturity	'33 years 7 months	'34 years 7 months
Value of Collateral	295,759	264,796
RREF CDO 2007-1 Senior Notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	225,983	315,882
Weighted Average Borrowing Rate	0.81%	0.85%
Weighted Average Remaining Maturity	'33 years 9 months	'34 years 9 months
Value of Collateral	292,980	422,641
Apidos CDO I Senior Notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	202,969	314,884
Weighted Average Borrowing Rate	1.07%	1.04%
Weighted Average Remaining Maturity	'4 years 7 months	'5 years 7 months
Value of Collateral	217,745	315,088
Apidos CDO III Senior Notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	221,304	261,209
Weighted Average Borrowing Rate	0.80%	0.99%
Weighted Average Remaining Maturity	'7 years 6 months	'8 years 6 months
Value of Collateral	232,655	260,167
Apidos Cinco CDO Senior Notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	320,550	319,959
Weighted Average Borrowing Rate	0.82%	0.95%
Weighted Average Remaining Maturity	'7 years 5 months	'8 years 5 months
Value of Collateral	344,105	326,164
Apidos CLO VIII Senior Notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	300,951	298,312
Weighted Average Borrowing Rate	2.16%	2.42%
Weighted Average Remaining Maturity	'8 years 9 months	'9 years 10 months
Value of Collateral	351,014	334,122
Apidos CLO VIII Securitized Borrowings [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	20,047	21,364
Weighted Average Borrowing Rate	15.27%	15.27%
Weighted Average Remaining Maturity	'8 years 9 months	'9 years 10 months
Value of Collateral	0	0
Whitney CLO I Senior Notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	171,555	'
Weighted Average Borrowing Rate	1.82%	'
Weighted Average Remaining Maturity	'4 years 2 months	'
Value of Collateral	191,704	'
Whitney CLO I Securitized Borrowings [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	5,860	'
Weighted Average Borrowing Rate	9.50%	'
Weighted Average Remaining Maturity	'4 years 2 months	'
Value of Collateral	0	'
Unsecured Junior Subordinated Debentures [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	50,814	50,631
Weighted Average Borrowing Rate	4.26%	4.35%
Weighted Average Remaining Maturity	'23 years 8 months	'24 years 8 months
Value of Collateral	0	0
Repurchase Agreements Debt [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	106,303	40,503
Weighted Average Borrowing Rate	2.28%	1.54%
Weighted Average Remaining Maturity	'18 days	'18 days
Value of Collateral	145,234	47,143
Mortgages [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Borrowings	13,600	13,536
Weighted Average Borrowing Rate	4.17%	4.23%
Weighted Average Remaining Maturity	'5 years 7 months	'6 years 7 months
Value of Collateral	$18,100	$18,100

VARIABLE_INTEREST_ENTITIES_BOR1

VARIABLE INTEREST ENTITIES BORROWINGS (Schedule of Debt - Parenthetical) (Details) RSO (USD $)

Sep. 30, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Aug. 01, 2011

Dec. 31, 2012

Oct. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RREF CDO 2006-1 Senior Notes [Member]

RREF CDO 2006-1 Senior Notes [Member]

CMBS - Term Repurchase Facilities [Member]

CMBS - Term Repurchase Facilities [Member]

CRE - Term Repurchase Facility [Member]

Mortgages [Member]

Mortgages [Member]

Mortgages [Member]

Whitney CLO I Senior Notes [Member]

Whitney CLO I, Ltd. [Member]

Apidos CLO VIII Senior Notes [Member]

Apidos CLO VIII Senior Notes [Member]

Apidos Cinco CDO Senior Notes [Member]

Apidos Cinco CDO Senior Notes [Member]

Apidos CDO III Senior Notes [Member]

Apidos CDO III Senior Notes [Member]

Apidos CDO I Senior Notes [Member]

Apidos CDO I Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

CMBS [Member]

CMBS [Member]

Linked Transactions [Member]

Linked Transactions [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Principal outstanding

'

'

'

$146,400,000

$159,100,000

$47,500,000

$40,900,000

$59,100,000

$13,600,000

$13,600,000

$13,600,000

$174,100,000

'

$317,600,000

$317,600,000

$322,000,000

$322,000,000

$222,000,000

$262,500,000

$203,200,000

$315,900,000

$227,400,000

$318,600,000

'

'

Unamortized debt issuance costs

'

0

65,000

728,000

1,200,000

23,000

494,000

348,000

'

'

'

'

'

4,700,000

5,500,000

1,500,000

2,000,000

659,000

1,300,000

274,000

1,100,000

1,400,000

2,700,000

'

'

Unamortized discount

2,600,000

'

'

'

'

'

'

'

'

'

'

2,500,000

'

11,900,000

13,800,000

'

'

'

'

'

'

'

'

'

'

Accrued interest expense

'

2,918,000

3,260,000

'

'

37,000

39,000

79,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

CMBS Linked repurchase agreement

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

20,400,000

14,900,000

Purchased equity interests

'

'

'

'

'

'

'

'

'

'

'

'

$20,900,000

'

'

'

'

'

'

'

'

'

'

'

'

Ownership interests in variable interest entities (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

67.00%

'

'

'

'

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_BOR2

VARIABLE INTEREST ENTITIES BORROWINGS (Resource Real Estate Funding CDO 2007-1) (Details) RSO (USD $)

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Jun. 30, 2007

Dec. 31, 2012

Jun. 30, 2007

Dec. 31, 2012

Jun. 30, 2007

Dec. 31, 2012

Dec. 31, 2011

Jun. 30, 2007

Dec. 31, 2012

Jun. 21, 2011

Jun. 30, 2007

Jun. 30, 2007

Dec. 31, 2012

Jun. 30, 2007

Dec. 31, 2012

Jun. 30, 2007

Dec. 31, 2012

Jun. 21, 2011

Jun. 30, 2007

Dec. 31, 2012

Jun. 21, 2011

Jun. 30, 2007

Dec. 31, 2012

Jun. 21, 2011

Jun. 30, 2007

Dec. 31, 2012

Jun. 30, 2007

Dec. 31, 2012

Jun. 30, 2007

Jun. 30, 2007

Jun. 30, 2007

Dec. 31, 2012

Jun. 30, 2007

Jun. 30, 2007

Dec. 31, 2012

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RCC Real Estate [Member]

Resource Real Estate Funding 2007-1 CDO Investor LLC [Member]

Gain on Extinguishment of Debt [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RREF CDO 2007-1 Senior Notes [Member]

RSO [Member]

RSO [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-1R [Member]

Senior Notes Class A-1R [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class B [Member]

Senior Notes Class B [Member]

Senior Notes Class B [Member]

Senior Notes Class C [Member]

Senior Notes Class D [Member]

Senior Notes Class D [Member]

Senior Notes Class E [Member]

Senior Notes Class E [Member]

Senior Notes Class F [Member]

Senior Notes Class F [Member]

Senior Notes Class F [Member]

Senior Notes Class G [Member]

Senior Notes Class G [Member]

Senior Notes Class G [Member]

Senior Notes Class H [Member]

Senior Notes Class H [Member]

Senior Notes Class H [Member]

Senior Notes Class J [Member]

Senior Notes Class J [Member]

Senior Notes Class K [Member]

Senior Notes Class K [Member]

Senior Notes Class L [Member]

Senior Notes Class M [Member]

Senior Notes Class A-1R and Class D [Member]

RREF CDO 2007-1 Senior Notes [Member]

Senior Notes Class A-1R and Class D [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Closing transaction amount

'

'

$500,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Face amount of debt issued

'

'

'

'

180,000,000

'

50,000,000

'

'

57,500,000

'

'

22,500,000

7,000,000

'

26,800,000

'

11,900,000

'

'

11,900,000

'

'

11,300,000

'

'

11,300,000

'

11,300,000

'

10,000,000

18,800,000

28,800,000

'

'

265,600,000

'

Percentage of senior notes acquired by the parent

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

100.00%

'

Payments by parent to acquire notes issued by VIE

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

68,000,000

41,300,000

'

Repayments of debt

14,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate at period end (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

6.42%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7.50%

8.50%

'

'

'

'

Description of variable rate basis

'

'

'

'one-month LIBOR

'

'one-month LIBOR

'

'one-month LIBOR

'

'

'one-month LIBOR

'

'

'

'one-month LIBOR

'

'one-month LIBOR

'

'one-month LIBOR

'

'

'one-month LIBOR

'

'

'one-month LIBOR

'

'

'one-month LIBOR

'

'one-month LIBOR

'

'

'

'

'

'

'

Basis spread on variable rate

'

'

'

0.28%

'

0.32%

'

0.46%

'

'

0.80%

'

'

'

0.95%

'

1.15%

'

1.30%

'

'

1.55%

'

'

2.30%

'

'

2.95%

'

3.25%

'

'

'

'

'

'

'

Commitment fee percentage on undrawn balance of notes

'

'

'

'

'

0.18%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average interest rate on all notes issued to outside investors and net of repurchased notes (in hundredths)

0.81%

0.85%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Repurchase amount of debt

'

'

'

'

'

'

50,000,000

'

10,000,000

'

'

'

'

'

'

26,800,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average price to par paid to repurchase debt

'

'

'

'

'

'

'

'

61.25%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

78.85%

'

'

'

Gain on repurchase of debt instrument

'

'

'

'

'

'

'

'

3,900,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

14,900,000

Debt surrendered for cancelation without consideration

'

'

'

'

'

'

'

'

'

'

'

$7,500,000

'

'

'

'

'

'

'

$6,500,000

'

'

$6,300,000

'

'

$10,600,000

'

'

'

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_BOR3

VARIABLE INTEREST ENTITIES BORROWINGS (Resource Real Estate Funding CDO 2006-1) (Details) RSO (Resource Real Estate Funding CDO 2006-1 [Member], USD $)

Dec. 31, 2012

Dec. 31, 2011

Aug. 31, 2006

Dec. 31, 2012

Aug. 31, 2006

Dec. 31, 2012

Aug. 31, 2006

Aug. 31, 2006

Dec. 31, 2012

Jun. 21, 2011

Aug. 31, 2006

Dec. 31, 2012

Jun. 21, 2011

Aug. 31, 2006

Dec. 31, 2012

Jun. 21, 2011

Aug. 31, 2006

Dec. 31, 2012

Jun. 21, 2011

Aug. 31, 2006

Dec. 31, 2012

Jun. 21, 2011

Aug. 31, 2006

Dec. 31, 2012

Aug. 31, 2006

Dec. 31, 2012

Aug. 31, 2006

Aug. 31, 2006

Aug. 31, 2006

Dec. 31, 2012

Aug. 31, 2006

Dec. 31, 2012

Aug. 31, 2006

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RCC Real Estate [Member]

Gain on Extinguishment of Debt [Member]

Resource Real Estate Funding 2006-1 CDO Investor LLC [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class A-2b [Member]

Senior Notes Class B [Member]

Senior Notes Class B [Member]

Senior Notes Class B [Member]

Senior Notes Class C [Member]

Senior Notes Class C [Member]

Senior Notes Class C [Member]

Senior Notes Class D [Member]

Senior Notes Class D [Member]

Senior Notes Class D [Member]

Senior Notes Class E [Member]

Senior Notes Class E [Member]

Senior Notes Class E [Member]

Senior Notes Class F [Member]

Senior Notes Class F [Member]

Senior Notes Class F [Member]

Senior Notes Class G [Member]

Senior Notes Class G [Member]

Senior Notes Class H [Member]

Senior Notes Class H [Member]

Senior Notes Class J [Member]

Senior Notes Class K [Member]

Senior Notes Class A-1 and Class C [Member]

Senior Notes Class J and K [Member]

RCC Real Estate [Member]

RSO [Member]

Senior Notes Class A-1 and Class C [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Closing transaction amount

'

'

$345,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Face amount of debt issued

'

'

308,700,000

'

129,400,000

'

17,400,000

5,000,000

'

'

6,900,000

'

'

20,700,000

'

'

15,500,000

'

'

20,700,000

'

'

19,800,000

'

17,300,000

'

12,900,000

14,700,000

28,400,000

'

43,100,000

'

'

Percentage of senior notes acquired by the parent

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

'

'

Purchased equity interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

36,300,000

Percentage of total preference shares (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

Repayments of debt

'

'

'

29,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Description of variable rate basis

'

'

'

'one-month LIBOR

'

'one-month LIBOR

'

'

'one-month LIBOR

'

'

'one-month LIBOR

'

'

'one-month LIBOR

'

'

'one-month LIBOR

'

'

'one-month LIBOR

'

'

'

'

'one-month LIBOR

'

'

'

'

'

'

'

Basis spread on variable rate

'

'

'

0.32%

'

0.35%

'

'

0.40%

'

'

0.62%

'

'

0.80%

'

'

1.30%

'

'

1.60%

'

'

1.90%

'

3.75%

'

'

'

'

'

'

'

Interest rate at period end (in hundredths)

'

'

'

'

'

'

'

5.84%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6.00%

6.00%

'

'

'

'

Weighted average interest rate on all notes issued to outside investors and net of repurchased notes (in hundredths)

1.42%

1.44%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Repurchase amount of debt

'

'

'

4,300,000

'

'

'

'

'

'

'

4,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average price to par paid to repurchase debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

81.63%

'

'

'

Gain on repurchase of debt instrument

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,500,000

'

Debt surrendered for cancelation without consideration

'

'

'

'

'

'

'

'

'

$6,900,000

'

'

$7,700,000

'

'

$5,520,000

'

'

$7,000,000

'

'

$5,250,000

'

'

'

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_BOR4

VARIABLE INTEREST ENTITIES BORROWINGS (Whitney CLO I) (Details) RSO (RSO [Member], USD $)	12 Months Ended
	Dec. 31, 2012	Oct. 31, 2012
Whitney CLO I Senior Notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Basis spread on variable rate	1.82%	'
Whitney CLO I Senior Notes [Member] | Senior Notes Class A-1L [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	'	$48,800,000
Description of variable rate basis	'LIBOR	'
Basis spread on variable rate	0.32%	'
Repayments of debt	15,500,000	'
Whitney CLO I Senior Notes [Member] | Senior Notes Class A-1LA [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	'	26,500,000
Description of variable rate basis	'LIBOR	'
Basis spread on variable rate	0.29%	'
Repayments of debt	19,900,000	'
Whitney CLO I Senior Notes [Member] | Senior Notes Class A-1LB [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	'	36,500,000
Description of variable rate basis	'LIBOR	'
Basis spread on variable rate	0.45%	'
Whitney CLO I Senior Notes [Member] | Senior Notes Class A-2F [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	'	19,750,000
Description of variable rate basis	'LIBOR	'
Basis spread on variable rate	5.19%	'
Whitney CLO I Senior Notes [Member] | Senior Notes Class A-2L [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	'	15,000,000
Description of variable rate basis	'LIBOR	'
Basis spread on variable rate	0.57%	'
Whitney CLO I Senior Notes [Member] | Senior Notes Class A-3L [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	'	25,000,000
Description of variable rate basis	'LIBOR	'
Basis spread on variable rate	1.05%	'
Whitney CLO I Senior Notes [Member] | Senior Notes Class B-1LA [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	'	23,500,000
Description of variable rate basis	'LIBOR	'
Basis spread on variable rate	2.10%	'
Whitney CLO I Senior Notes [Member] | Senior Notes Class B-1LB [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	'	14,360,000
Description of variable rate basis	'LIBOR	'
Basis spread on variable rate	1.00%	'
Whitney CLO I, Ltd. [Member]	'	'
Debt Instrument [Line Items]	'	'
Purchased equity interests	'	$20,900,000
Purchased equity interests discount, percentage	'	42.50%
Ownership interests in variable interest entities (in hundredths)	'	67.00%

VARIABLE_INTEREST_ENTITIES_BOR5

VARIABLE INTEREST ENTITIES BORROWINGS (Apidos CLO VIII) (Details) RSO (Apidos CLO VIII Senior Notes [Member], USD $)

Dec. 31, 2012

Dec. 31, 2011

Oct. 31, 2011

Dec. 31, 2012

Oct. 31, 2011

Dec. 31, 2012

Oct. 31, 2011

Oct. 31, 2011

Dec. 31, 2012

Oct. 31, 2011

Dec. 31, 2012

Oct. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Oct. 31, 2011

Oct. 31, 2011

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RCC Commercial [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class B-1 [Member]

Senior Notes Class B-2 [Member]

Senior Notes Class B-2 [Member]

Senior Notes Class C [Member]

Senior Notes Class C [Member]

Senior Notes Class B [Member]

Senior Notes Class D [Member]

Senior Notes Class D [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Closing transaction amount

'

'

$350,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Face amount of debt issued

'

'

317,600,000

'

231,200,000

'

35,000,000

17,300,000

'

6,800,000

'

14,100,000

'

'

13,200,000

'

Discount to investors

'

'

4.40%

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchased equity interests

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$15,000,000

Percentage of senior note acquired from VIE (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

43.00%

Percentage of senior note acquired by unrelated third party (in hundredths)

'

'

57.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Description of variable rate basis

'

'

'

'LIBOR

'

'LIBOR

'

'

'LIBOR

'

'LIBOR

'

'LIBOR

'LIBOR

'

'

Basis spread on variable rate

'

'

'

1.50%

'

2.00%

'

'

2.50%

'

3.10%

'

2.50%

4.50%

'

'

Weighted average interest rate on all notes issued to outside investors and net of repurchased notes (in hundredths)

2.16%

2.42%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_BOR6

VARIABLE INTEREST ENTITIES BORROWINGS (Apidos Cinco CDO) (Details) RSO (Apidos Cinco CDO Senior Notes [Member], USD $)

Dec. 31, 2012

Dec. 31, 2011

31-May-07

31-May-07

Dec. 31, 2012

31-May-07

Dec. 31, 2012

31-May-07

Dec. 31, 2012

31-May-07

Dec. 31, 2012

31-May-07

Dec. 31, 2012

31-May-07

Dec. 31, 2012

31-May-07

Dec. 31, 2012

31-May-07

31-May-07

RSO [Member]

RSO [Member]

RSO [Member]

RCC Commercial [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-2a [Member]

Senior Notes Class A-2a [Member]

Senior Notes Class A-2b [Member]

Senior Notes Class A-2b [Member]

Senior Notes Class A-3 [Member]

Senior Notes Class A-3 [Member]

Senior Notes Class B [Member]

Senior Notes Class B [Member]

Senior Notes Class C [Member]

Senior Notes Class C [Member]

Senior Notes Class D [Member]

Senior Notes Class D [Member]

Apidos Cinco CDO Ltd [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Closing transaction amount

'

'

$350,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Face amount of debt issued

'

'

'

'

'

37,500,000

'

200,000,000

'

22,500,000

'

19,000,000

'

18,000,000

'

14,000,000

'

11,000,000

322,000,000

Payments by parent to acquire notes issued by VIE

'

'

'

$28,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of senior notes acquired by the parent

'

'

'

100.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Description of variable rate basis

'

'

'

'

'LIBOR

'

'LIBOR

'

'LIBOR

'

'LIBOR

'

'LIBOR

'

'LIBOR

'

'LIBOR

'

'

Basis spread on variable rate

'

'

'

'

0.24%

'

0.23%

'

0.32%

'

0.42%

'

0.80%

'

2.25%

'

4.25%

'

'

Weighted average interest rate on all notes issued to outside investors and net of repurchased notes (in hundredths)

0.82%

0.95%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_BOR7

VARIABLE INTEREST ENTITIES BORROWINGS (Apidos CDO III) (Details) RSO (Apidos CDO III Senior Notes [Member], USD $)

Dec. 31, 2012

Dec. 31, 2011

31-May-06

Dec. 31, 2012

31-May-06

Dec. 31, 2012

31-May-06

Dec. 31, 2012

31-May-06

Dec. 31, 2012

31-May-06

Dec. 31, 2012

31-May-06

31-May-06

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RCC Commercial [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class B [Member]

Senior Notes Class B [Member]

Senior Notes Class C [Member]

Senior Notes Class C [Member]

Senior Notes Class D [Member]

Senior Notes Class D [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Closing transaction amount

'

'

$285,500,000

'

'

'

'

'

'

'

'

'

'

'

Face amount of debt issued

'

'

262,500,000

'

212,000,000

'

19,000,000

'

15,000,000

'

10,500,000

'

6,000,000

'

Payments by parent to acquire notes issued by VIE

'

'

'

'

'

'

'

'

'

'

'

'

'

23,000,000

Percentage of senior notes acquired by the parent

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

Description of variable rate basis

'

'

'

'3-month LIBOR

'

'3-month LIBOR

'

'3-month LIBOR

'

'3-month LIBOR

'

'3-month LIBOR

'

'

Basis spread on variable rate

'

'

'

0.26%

'

0.45%

'

0.75%

'

1.75%

'

4.25%

'

'

Weighted average interest rate on all notes issued to outside investors and net of repurchased notes (in hundredths)

0.80%

0.99%

'

'

'

'

'

'

'

'

'

'

'

'

Repayments of debt

'

'

'

$40,500,000

'

'

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_BOR8

VARIABLE INTEREST ENTITIES BORROWINGS (Apidos CDO I) (Details) RSO (Apidos CDO I Senior Notes [Member], USD $)

Dec. 31, 2012

Dec. 31, 2011

Aug. 31, 2005

Dec. 31, 2012

31-May-06

Dec. 31, 2012

31-May-06

Dec. 31, 2012

31-May-06

Dec. 31, 2012

31-May-06

31-May-06

Aug. 31, 2005

Aug. 31, 2005

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RCC Commercial [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-1 [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class A-2 [Member]

Senior Notes Class B [Member]

Senior Notes Class B [Member]

Senior Notes Class C [Member]

Senior Notes Class C [Member]

Senior Notes Class D [Member]

Senior Notes Class D [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Closing transaction amount

'

'

$350,000,000

'

'

'

'

'

'

'

'

'

'

'

Face amount of debt issued

'

'

321,500,000

'

259,500,000

'

15,000,000

'

20,500,000

'

13,000,000

8,000,000

'

'

Payments by parent to acquire notes issued by VIE

'

'

'

'

'

'

'

'

'

'

'

'

'

28,500,000

Percentage of senior notes acquired by the parent

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

Description of variable rate basis

'

'

'

'3-month LIBOR

'

'3-month LIBOR

'

'3-month LIBOR

'

'3-month LIBOR

'

'

'

'

Basis spread on variable rate

'

'

'

0.26%

'

0.42%

'

0.75%

'

1.85%

'

'

'

'

Interest rate at period end (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

9.25%

'

Weighted average interest rate on all notes issued to outside investors and net of repurchased notes (in hundredths)

1.07%

1.04%

'

'

'

'

'

'

'

'

'

'

'

'

Repayments of debt

'

'

'

116,300,000

'

'

'

'

'

'

'

'

'

'

Repurchase amount of debt

'

'

'

'

'

'

'

2,000,000

'

'

'

'

'

'

Weighted average price to par paid to repurchase debt

'

'

'

'

'

'

'

85.11%

'

'

'

'

'

'

Gain on repurchase of debt instrument

'

'

'

'

'

'

'

$298,000

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_BOR9

VARIABLE INTEREST ENTITIES BORROWINGS (Unsecured Junior Subordinated Debentures) (Details) RSO (RSO [Member], USD $)

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

31-May-06

Dec. 31, 2012

Dec. 31, 2011

Sep. 30, 2006

Dec. 31, 2012

Dec. 31, 2012

Unsecured Junior Subordinated Debentures [Member]

Interest in RCT I [Member]

Interest in RCT I [Member]

Interest in RCT II [Member]

Interest in RCT II [Member]

RCT I entity [Member]

RCT I entity [Member]

RCT I entity [Member]

RCT II entity [Member]

RCT II entity [Member]

RCT II entity [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Unsecured Junior Subordinated Debentures [Member]

Unsecured Junior Subordinated Debentures [Member]

Unsecured Junior Subordinated Debentures [Member]

Unsecured Junior Subordinated Debentures [Member]

Unsecured Junior Subordinated Debentures [Member]

Unsecured Junior Subordinated Debentures [Member]

Unsecured Junior Subordinated Debentures [Member]

Unsecured Junior Subordinated Debentures [Member]

Interest in RCT I [Member]

Interest in RCT II [Member]

Unsecured Junior Subordinated Debentures [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership percentage (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

100.00%

Face amount of debt issued

'

'

'

'

'

'

'

'

'

$25,800,000

'

'

$25,800,000

'

'

Debt issuance costs, amortization period

'

'

'10 years

'

'

'

'

'

'

'

'

'

'

'

'

Unamortized debt issuance costs

0

65,000

'

'

'

'

'

358,000

450,000

'

377,000

467,000

'

'

'

Interest rate at period end (in hundredths)

'

'

'

'

'

'

'

4.26%

4.32%

'

4.26%

4.38%

'

'

'

Investments in unconsolidated entities

$45,413,000

$47,899,000

'

$774,000

$774,000

$774,000

$774,000

'

'

'

'

'

'

'

'

Recovered_Sheet8

VARIABLE INTEREST ENTITIES BORROWINGS (CMBS Term Repurchase Facility) (Details) RSO (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
RSO [Member]	'	'
Debt Instrument [Line Items]	'	'
Unamortized debt issuance costs	$0	$65,000
Amount at Risk Under Facility [Abstract]	'	'
Weighted Average Maturity in Days	'12 years 6 months	'15 years 2 months
RSO [Member] | CMBS - Term Repurchase Facilities [Member]	'	'
Debt Instrument [Line Items]	'	'
Unamortized debt issuance costs	23,000	494,000
Wells Fargo Bank, National Association [Member] | RCC Real Estate And RCC Commercial [Member] | CMBS - Term Repurchase Facilities [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt instrument term	'2 years	'
Debt instrument term, option to extend	'1 year	'
Description of variable rate basis	'one-month London Interbank Offered Rate (LIBOR)	'
Basis spread on variable rate	1.29%	'
Debt instrument, structuring fee, percent	0.25%	'
Line of credit facility, extension fee percentage (in hundredths)	0.25%	'
Debt instrument, weighted average interest rate	1.53%	1.54%
Amount at Risk Under Facility [Abstract]	'	'
Amount at Risk	10,722,000	8,461,000
Weighted Average Maturity in Days	'18 days	'18 days
Weighted Average Interest Rate	1.53%	1.54%
Linked repurchase agreement borrowings included as derivative instruments	12,200,000	14,900,000
Wells Fargo Bank, National Association [Member] | RCC Real Estate [Member] | CMBS - Term Repurchase Facilities [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	42,500,000	41,000,000
Description of variable rate basis	'one-month LIBOR	'
Basis spread on variable rate	1.32%	1.25%
Unamortized debt issuance costs	23,000	494,000
Debt instrument, fair value	51,400,000	47,100,000
Debt instrument, weighted average interest rate	1.53%	1.54%
Amount at Risk Under Facility [Abstract]	'	'
Weighted Average Interest Rate	1.53%	1.54%
Wells Fargo Bank, National Association [Member] | Maximum [Member] | RCC Real Estate And RCC Commercial [Member] | CMBS - Term Repurchase Facilities [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	100,000,000	'
Linked Transactions [Member] | CMBS [Member] | RSO [Member]	'	'
Debt Instrument [Line Items]	'	'
CMBS Linked repurchase agreement	$20,400,000	$14,900,000

Recovered_Sheet9

VARIABLE INTEREST ENTITIES BORROWINGS (CRE - Term Repurchase Facility) (Details) RSO (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
RSO [Member]	'	'
Debt Instrument [Line Items]	'	'
Unamortized debt issuance costs	$0	$65,000
Amount at Risk Under Facility [Abstract]	'	'
Weighted Average Maturity in Days	'12 years 6 months	'15 years 2 months
RSO [Member] | CRE - Term Repurchase Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Unamortized debt issuance costs	348,000	'
Wells Fargo Bank, National Association [Member] | RCC Real Estate [Member] | CRE - Term Repurchase Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	58,800,000	'
Unamortized debt issuance costs	348,000	'
Debt instrument, fair value	85,400,000	0
Description of variable rate basis	'one-month LIBOR	'
Basis spread on variable rate	2.67%	'
Debt instrument, weighted average interest rate	2.88%	'
Amount at Risk Under Facility [Abstract]	'	'
Amount at Risk	26,332,000	'
Weighted Average Maturity in Days	'18 days	'
Weighted Average Interest Rate	2.88%	'
Wells Fargo Bank, National Association [Member] | RSO [Member] | CRE - Term Repurchase Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt instrument term	'18 months	'
Debt instrument term, number of options to extend	2	'
Debt instrument term, option to extend	'1 year	'
Loan origination fee	0.00375	'
Wells Fargo Bank, National Association [Member] | RSO [Member] | Maximum [Member] | CRE - Term Repurchase Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Face amount of debt issued	$150,000,000	'

Recovered_Sheet10

VARIABLE INTEREST ENTITIES BORROWINGS (CRE - Repurchase Facility) (Details) RSO (RCC Real Estate [Member], Deutsche Bank Securities, Inc [Member], CRE - Repurchase Facility [Member])	12 Months Ended
	Dec. 31, 2012
RCC Real Estate [Member] | Deutsche Bank Securities, Inc [Member] | CRE - Repurchase Facility [Member]	'
Debt Instrument [Line Items]	'
Debt instrument term	'12 months
Description of variable rate basis	'one-month LIBOR
Basis spread on variable rate	3.25%

Recovered_Sheet11

VARIABLE INTEREST ENTITIES BORROWINGS (Short-Term Repurchase Agreements) (Details) RSO (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
	Security
RSO [Member]	'	'
Debt Instrument [Line Items]	'	'
Number of CMBS bonds securing repurchase agreement	2	'
Amount at Risk Under Facility [Abstract]	'	'
Weighted Average Maturity in Days	'12 years 6 months	'15 years 2 months
Deutsche Bank Securities, Inc [Member] | RCC Real Estate [Member] | Short-Term Repurchase Agreements [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt instrument term	'12 months	'
Principal outstanding	3,100,000	'
CMBS bonds held as collateral, fair value	5,100,000	0
Description of variable rate basis	'one-month LIBOR	'
Basis spread on variable rate	1.25%	'
Debt instrument, weighted average interest rate	1.46%	'
Amount at Risk Under Facility [Abstract]	'	'
Amount at Risk	2,069,000	'
Weighted Average Maturity in Days	'7 days	'
Weighted Average Interest Rate	1.46%	'
Wells Fargo Securities, LLC [Member] | RCC Real Estate [Member] | Short-Term Repurchase Agreements [Member]	'	'
Debt Instrument [Line Items]	'	'
Principal outstanding	5,400,000	0
CMBS bonds held as collateral, fair value	8,500,000	'
Description of variable rate basis	'one-month LIBOR	'
Basis spread on variable rate	1.25%	'
Debt instrument, weighted average interest rate	1.46%	'
Amount at Risk Under Facility [Abstract]	'	'
Amount at Risk	1,956,000	'
Weighted Average Maturity in Days	'28 days	'
Weighted Average Interest Rate	1.46%	'
Linked repurchase agreement borrowings included as derivative instruments	3,500,000	'
JP Morgan Securities, LLC [Member] | RCC Real Estate [Member] | Short-Term Repurchase Agreements [Member]	'	'
Debt Instrument [Line Items]	'	'
Principal outstanding	4,700,000	'
CMBS bonds held as collateral, fair value	7,200,000	'
Description of variable rate basis	'one-month LIBOR	'
Basis spread on variable rate	0.80%	'
Debt instrument, weighted average interest rate	1.01%	'
Amount at Risk Under Facility [Abstract]	'	'
Amount at Risk	2,544,000	'
Weighted Average Maturity in Days	'11 days	'
Weighted Average Interest Rate	1.01%	'
Linked repurchase agreement borrowings included as derivative instruments	4,700,000	'

Recovered_Sheet12

VARIABLE INTEREST ENTITIES BORROWINGS (Revolving Credit Facility) (Details) RSO (The Bancorp Bank [Member], Revolving Credit Facility [Member], USD $)	0 Months Ended
	Jul. 07, 2011
RCC Real Estate [Member] | RREF CDO 2006-1 Senior Notes [Member] | Senior Notes Class A-1 [Member]	'
Debt Instrument [Line Items]	'
CMBS bonds held as collateral, fair value	$32,900,000
RSO [Member]	'
Debt Instrument [Line Items]	'
Revolving credit facility, maximum borrowing capacity	$10,000,000
Number of days the facility provides bridge financing	'5 days

Recovered_Sheet13

VARIABLE INTEREST ENTITIES BORROWINGS (Mortgage Payable) (Details) RSO (USD $)	7 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Aug. 01, 2011	Dec. 31, 2012	Dec. 31, 2011
RCC Real Estate [Member] | Mortgages [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Number of multi family units	504	'	'
Payment to acquire rental property	$18.10	'	'
Percentage of units occupied at acquisition	95.00%	'	'
RSO [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Weighted-average borrowing rate	'	1.62%	1.38%
RSO [Member] | Mortgages [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Debt instrument term	'7 years	'	'
Principal outstanding	$13.60	$13.60	$13.60
Description of variable rate basis	'	'one-month LIBOR	'
Basis spread on variable rate	'	3.95%	'
Weighted-average borrowing rate	'	4.17%	4.23%

VARIABLE_INTEREST_ENTITIES_REL

VARIABLE INTEREST ENTITIES RELATED PARTY TRANSACTIONS (Relationship with LEAF Financial) (Details) RSO (USD $)

12 Months Ended

0 Months Ended

3 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Dec. 31, 2012

Dec. 31, 2011

Jan. 11, 2013

Feb. 15, 2012

Sep. 03, 2011

Mar. 05, 2010

Jun. 03, 2011

Mar. 05, 2011

Dec. 31, 2012

Dec. 31, 2011

Nov. 16, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Nov. 16, 2011

Nov. 16, 2011

Nov. 16, 2011

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

Series B Preferred Stock [Member]

LEAF [Member]

LEAF [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity, Not Primary Beneficiary [Member]

Lease Equity Appreciation Fund II [Member]

Lease Equity Appreciation Fund II [Member]

Lease Equity Appreciation Fund II [Member]

Lease Equity Appreciation Fund II [Member]

Lease Equity Appreciation Fund II [Member]

Lease Equity Appreciation Fund II [Member]

Lease Equity Appreciation Fund II [Member]

Lease Equity Appreciation Fund II [Member]

RSO [Member]

RSO [Member]

RSO [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

LEAF [Member]

RSO [Member]

RSO [Member]

Series A Preferred Stock [Member]

Series B Preferred Stock [Member]

Series D Preferred Stock [Member]

RSO [Member]

RSO [Member]

RSO [Member]

Related Party Transaction [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revolving credit facility, maximum borrowing capacity

'

'

'

'

'

'

'

$8,000,000

'

'

'

'

'

'

'

'

'

'

'

'

Credit facility funded

'

'

'

'

'

'

'

8,000,000

'

'

'

'

'

'

'

'

'

'

'

'

Line of credit facility, term (in years)

'

'

'

'

'

'

'

'

'

'1 year

'

'

'

'

'

'

'

'

'

'

Line of credit facility, interest rate during period (in hundredths)

'

'

'

'

'

'

'

'

10.00%

12.00%

'

'

'

'

'

'

'

'

'

'

Origination fee with establishment of line of credit facility (in hundredths)

'

'

'

'

'

'

'

1.00%

'

'

'

'

'

'

'

'

'

'

'

'

Line of credit facility, extension fee percentage (in hundredths)

'

'

'

'

1.00%

1.00%

1.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of credit facility, amount outstanding

'

'

'

'

'

'

'

'

'

'

6,800,000

7,800,000

'

'

'

'

'

'

'

'

Shares received in equity method transaction (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

31,341

4,872

2,364

Preferred stock, coupon authorized (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

8.00%

'

'

8.00%

'

'

'

'

Ownership percentage in VIE

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

26.70%

'

'

'

'

Equity in earnings (losses) of unconsolidated entities

3,439,000

10,377,000

-2,709,000

112,000

'

'

'

'

'

'

'

'

'

3,300,000

0

'

'

'

'

'

Investments in unconsolidated entities

'

'

$45,413,000

$47,899,000

'

'

'

'

'

'

'

'

'

'

'

$33,100,000

$36,300,000

'

'

'

VARIABLE_INTEREST_ENTITIES_REL1

VARIABLE INTEREST ENTITIES RELATED PARTY TRANSACTIONS (Relationship with CVC Credit Partners, LLC) (Details) RSO (USD $)	Dec. 31, 2012	Oct. 31, 2012	Oct. 31, 2012	Dec. 31, 2011	Feb. 24, 2011	Dec. 31, 2012	Dec. 31, 2011
	Resource America [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	Apidos Capital Management LLC [Member]	Apidos Capital Management LLC [Member]
	CVC Capital Partners [Member]		CVC Capital Partners [Member]	Churchill Pacific Asset Management LLC [Member]	Churchill Pacific Asset Management LLC [Member]	CVC Capital Partners [Member]	CVC Capital Partners [Member]
Related Party Transaction [Line Items]	'	'	'	'	'	'	'
Ownership percentage (in hundredths)	33.00%	'	'	'	100.00%	'	'
Purchase price of acquired entity paid by acquiring entity	'	'	'	'	$22,500,000	'	'
Assets under management, carrying amount	'	'	'	1,900,000,000	'	'	'
Percentage of subordinated fees the company is entitled to collect (in hundredths)	'	'	'	'	'	10.00%	'
Percentage of incentive fees the company is entitled to collect (in hundredths)	'	'	'	'	'	50.00%	'
Subordinated fees received	'	'	'	'	'	$800,000	$1,000,000
Preferred equity acquired	'	66.60%	66.60%	'	'	'	'

VARIABLE_INTEREST_ENTITIES_REL2

VARIABLE INTEREST ENTITIES RELATED PARTY TRANSACTIONS (Relationship with TBBK) (Details) RSO (RSO [Member], Bancorp [Member], USD $)	0 Months Ended
	Jul. 07, 2011	Mar. 14, 2011	Dec. 31, 2012	Dec. 31, 2011
RSO [Member] | Bancorp [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Line of credit facility, commitment fee	'	$31,500	'	'
Revolving credit facility, maximum borrowing capacity	10,000,000	'	'	'
Number of days the facility provides bridge financing	'5 days	'	'	'
Pledged collateral	32,900,000	'	'	'
Line of credit facility, amount outstanding	'	'	$0	$0

VARIABLE_INTEREST_ENTITIES_REL3

VARIABLE INTEREST ENTITIES RELATED PARTY TRANSACTIONS (Relationship with Ledgewood) (Details) RSO (RSO [Member], Ledgewood [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
RSO [Member] | Ledgewood [Member]	'	'
Related Party Transaction [Line Items]	'	'
Legal fees	$438	$238

VARIABLE_INTEREST_ENTITIES_FAI

VARIABLE INTEREST ENTITIES FAIR VALUE OF FINANCIAL INSTRUMENTS (Assets and Liabilities Measured at Fair Value) (Details) RSO (USD $)

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2011

Sep. 30, 2011

Sep. 30, 2011

Sep. 30, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

In Thousands, unless otherwise specified

Recurring Basis [Member]

Recurring Basis [Member]

Recurring Basis [Member]

Recurring Basis [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

Level 1 [Member]

Level 2 [Member]

Level 3 [Member]

Recurring Basis [Member]

Recurring Basis [Member]

Recurring Basis [Member]

Recurring Basis [Member]

Recurring Basis [Member]

Recurring Basis [Member]

Recurring Basis [Member]

Recurring Basis [Member]

Level 1 [Member]

Level 1 [Member]

Level 2 [Member]

Level 2 [Member]

Level 3 [Member]

Level 3 [Member]

Assets:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Investment securities, trading

'

'

'

'

'

'

$24,843

$38,673

$24,843

$38,673

$0

$0

$0

$0

$24,843

$38,673

Investment securities available-for-sale

3,966

2,492

'

'

'

'

231,590

140,866

231,590

140,866

9,757

0

132,561

121,031

89,272

19,835

CMBS - Linked Transactions

'

'

'

'

'

'

6,835

2,275

6,835

2,275

0

0

4,802

2,275

2,033

0

Total assets at fair value

'

'

2,754

376

0

2,378

'

'

263,268

181,814

9,757

0

137,363

123,306

116,148

58,508

Liabilities:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Derivatives (net)

'

'

404

0

404

0

'

'

14,687

13,210

0

0

610

1,210

14,077

12,000

Total liabilities at fair value

'

'

'

'

'

'

'

'

$14,687

$13,210

$0

$0

$610

$1,210

$14,077

$12,000

VARIABLE_INTEREST_ENTITIES_FAI1

VARIABLE INTEREST ENTITIES FAIR VALUE OF FINANCIAL INSTRUMENTS (Assets Measured on Recurring Basis) (Details) RSO (RSO [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Total gains or losses (realized/unrealized):	'	'
Transfers from level 2	$66,381	'
Level 3 [Member] | Investments [Member]	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Beginning balance	58,508	43,380
Total gains or losses (realized/unrealized):	'	'
Included in earnings	14,105	2,948
Purchases	8,341	38,887
Sales	-37,632	-18,181
Paydowns	-2,012	-3,212
Transfers out of Level 3	'	-4,437
Unrealized gains (losses) – included in accumulated other comprehensive income	8,457	-877
Ending balance	$116,148	$58,508

VARIABLE_INTEREST_ENTITIES_FAI2

VARIABLE INTEREST ENTITIES FAIR VALUE OF FINANCIAL INSTRUMENTS (Liabilities Measured on Recurring Basis) (Details) RSO (RSO [Member], Level 3 [Member], Derivative Financial Instruments, Liabilities [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
RSO [Member] | Level 3 [Member] | Derivative Financial Instruments, Liabilities [Member]	'	'
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Beginning balance	$12,000	$10,929
Unrealized losses – included in accumulated other comprehensive income	2,077	1,071
Ending balance	$14,077	$12,000

VARIABLE_INTEREST_ENTITIES_FAI3

VARIABLE INTEREST ENTITIES FAIR VALUE OF FINANCIAL INSTRUMENTS (Assets and Liabilities, Quantitative Information) (Details) RSO (USD $)

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

In Thousands, unless otherwise specified

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

RSO [Member]

Level 1 [Member]

Level 1 [Member]

Level 2 [Member]

Level 2 [Member]

Level 3 [Member]

Level 3 [Member]

Level 3 [Member]

Level 3 [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Nonrecurring [Member]

Impaired Loans [Member]

Interest Rate Swap Agreements [Member]

Level 1 [Member]

Level 1 [Member]

Level 2 [Member]

Level 2 [Member]

Level 3 [Member]

Level 3 [Member]

Discounted Cash Flow [Member]

Discounted Cash Flow [Member]

Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Loans held for sale, fair value

'

'

'

'

'

'

'

'

'

'

$48,894

$3,154

$0

$0

$14,894

$3,154

$34,000

$0

Impaired loans, fair value

'

'

'

'

'

'

'

'

'

'

25,366

1,099

0

0

4,366

1,099

21,000

0

Total assets at fair value

55,526

19,251

0

0

727

0

54,799

19,251

21,000

'

74,260

4,253

0

0

19,260

4,253

55,000

0

Interest rate swap agreements

'

'

'

'

'

'

'

'

'

$14,687

'

'

'

'

'

'

'

'

Cap rate (in hundredths)

'

'

'

'

'

'

'

'

10.00%

'

'

'

'

'

'

'

'

'

Weighted average credit spreads (in hundredths)

'

'

'

'

'

'

'

'

'

4.98%

'

'

'

'

'

'

'

'

VARIABLE_INTEREST_ENTITIES_FAI4

VARIABLE INTEREST ENTITIES FAIR VALUE OF FINANCIAL INSTRUMENTS (Fair Value, by Balance Sheet Grouping) (Details) RSO (RSO [Member], USD $)	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans held-for-investment	$1,793,780	$1,772,063
Loans receivable-related party	8,324	9,497
Carrying Amount [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans held-for-investment	1,793,780	1,772,063
Loans receivable-related party	8,324	9,497
CDO notes	1,614,883	1,689,413
Junior subordinated notes	50,814	50,631
Fair Value [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans held-for-investment	1,848,617	1,755,541
Loans receivable-related party	8,324	9,497
CDO notes	1,405,124	1,034,060
Junior subordinated notes	17,308	17,125
Level 1 [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans held-for-investment	0	0
Loans receivable-related party	0	0
CDO notes	0	0
Junior subordinated notes	0	0
Level 2 [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans held-for-investment	1,186,642	1,142,638
Loans receivable-related party	0	0
CDO notes	1,405,124	1,034,060
Junior subordinated notes	0	0
Level 3 [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans held-for-investment	661,975	612,903
Loans receivable-related party	8,324	9,497
CDO notes	0	0
Junior subordinated notes	$17,308	$17,125

VARIABLE_INTEREST_ENTITIES_FAI5

VARIABLE INTEREST ENTITIES FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) RSO (RSO [Member], USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Impairment loss included in earnings	$0	$4,600,000
Provision for loan losses	16,818,000	13,896,000
Nonrecurring [Member] | Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Provision for loan losses	$7,800,000	$11,400,000

VARIABLE_INTEREST_ENTITIES_FAI6

VARIABLE INTEREST ENTITIES FAIR VALUE OF FINANCIAL INSTRUMENTS (RAI Other VIEs - Consolidated VIE Real Estate Property) (Details) (USD $)	1 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2012	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011
Variable Interest Entities [Abstract]	'	'	'	'	'
Cash and property and equipment, net	'	$727	$944	'	'
Accrued expenses and other liabilities	'	189	300	1,962,603	1,751,483
Gain on sale of investments	831	'	'	'	'
Gain on sale of investment, portion attributable to noncontrolling interest	$793	'	'	'	'

VARIABLE_INTEREST_ENTITIES_FAI7

VARIABLE INTEREST ENTITIES FAIR VALUE OF FINANCIAL INSTRUMENTS (RAI Other VIEs - VIEs not consolidated) (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Receivables from managed entities and related parties, net	$34,418	$52,117
Variable Interest Entity, Not Primary Beneficiary [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Maximum Exposure to Loss in Non-consolidated VIEs	2,642	'
Variable Interest Entity, Not Primary Beneficiary [Member] | RRE Opportunity REIT [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Maximum Exposure to Loss in Non-consolidated VIEs	1,444	'
Variable Interest Entity, Not Primary Beneficiary [Member] | Ischus Entities [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Maximum Exposure to Loss in Non-consolidated VIEs	231	'
Variable Interest Entity, Not Primary Beneficiary [Member] | Trapeza entities [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Maximum Exposure to Loss in Non-consolidated VIEs	967	'
Receivables from Managed Entities and Related Parties [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Receivables from managed entities and related parties, net	231	'
Receivables from Managed Entities and Related Parties [Member] | RRE Opportunity REIT [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Receivables from managed entities and related parties, net	0	'
Receivables from Managed Entities and Related Parties [Member] | Ischus Entities [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Receivables from managed entities and related parties, net	231	'
Receivables from Managed Entities and Related Parties [Member] | Trapeza entities [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Receivables from managed entities and related parties, net	0	'
Investments [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Investments	2,411	'
Investments [Member] | RRE Opportunity REIT [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Investments	1,444	'
Investments [Member] | Ischus Entities [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Investments	0	'
Investments [Member] | Trapeza entities [Member]	'	'
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]	'	'
Investments	$967	'

VARIABLE_INTEREST_ENTITIES_INC

VARIABLE INTEREST ENTITIES INCOME TAXES (Components of Income Taxes) (Details) RSO (USD $)	3 Months Ended			6 Months Ended	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Mar. 31, 2011	Jun. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2012	Dec. 31, 2011
								RSO [Member]	RSO [Member]
Current:	'	'	'	'	'	'	'	'	'
Federal	'	'	'	'	'	'	'	$11,497	$7,839
State	'	'	'	'	'	'	'	776	4,596
Total current tax provision	'	'	'	'	'	'	'	12,273	12,435
Deferred:	'	'	'	'	'	'	'	'	'
Federal	'	'	'	'	'	'	'	1,769	-305
State	'	'	'	'	'	'	'	560	-94
Total deferred tax provision (benefit)	'	'	'	'	'	'	'	2,329	-399
Income tax provision (benefit)	$1,440	($119)	$1,167	$1,048	$2,488	$28,114	$7,429	$14,602	$12,036

VARIABLE_INTEREST_ENTITIES_INC1

VARIABLE INTEREST ENTITIES INCOME TAXES (Reconciliation Between Federal Statutory Income Tax Rate and Effective Income Tax Rate) (Details) RSO (RSO [Member])	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
RSO [Member]	'	'
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]	'	'
Statutory tax rate	35.00%	35.00%
State and local taxes, net of federal benefit	1.00%	15.00%
Valuation allowance for deferred tax assets	0.00%	0.00%
Subpart F income	13.00%	11.00%
Basis difference in LEAF Commercial Capital investment	0.00%	6.00%
Other items	5.00%	0.00%
Effective income tax rate	54.00%	67.00%

VARIABLE_INTEREST_ENTITIES_INC2

VARIABLE INTEREST ENTITIES INCOME TAXES (Components of Deferred Tax Assets and Liabilities) (Details) RSO (USD $)	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified		RSO [Member]	RSO [Member]
Deferred tax assets related to:	'	'	'
Investment in securities	'	$118	$119
Intangible assets basis difference	'	2,557	490
Federal, state and local loss carryforwards	23,225	45	17
Capital loss carryforwards	'	12	0
Partnership investment	'	34	0
Total deferred tax assets	'	2,766	626
Valuation allowance	'	0	0
Total deferred tax assets	'	2,766	626
Deferred tax liabilities related to:	'	'	'
Unrealized income/loss on investments	'	-4,286	-1,188
Equity investments	'	-838	-394
Basis difference in LEAF Commercial Capital investment	'	-185	-3,390
Subpart F income	'	-3,067	-652
Total deferred tax liabilities	'	($8,376)	($5,624)

VARIABLE_INTEREST_ENTITIES_INC3

VARIABLE INTEREST ENTITIES INCOME TAXES (Details) RSO (VIE, Primary Beneficiary [Member], RSO [Member])	0 Months Ended
	Oct. 19, 2012	Oct. 13, 2011
	Whitney CLO I, Ltd. [Member]	Apidos CLO VIII Ltd. [Member]
Variable Interest Entity [Line Items]	'	'
Ownership percentage in VIE	66.00%	43.00%

SUBSEQUENT_EVENTS_RAI_related_

SUBSEQUENT EVENTS RAI related subsequent events (Details) (Subsequent Event [Member], USD $)	0 Months Ended			0 Months Ended	1 Months Ended		0 Months Ended	1 Months Ended
	Jan. 31, 2013	Jan. 02, 2013	Feb. 15, 2013	Jul. 19, 2013	Oct. 31, 2013	Apr. 30, 2013	Apr. 02, 2013	Apr. 30, 2013
	RAI [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	RSO [Member]	CRE - Term Repurchase Facility [Member]	CRE - Term Repurchase Facility [Member]
		Loan	company	Master Repurchase Agreement Financing Facility [Member]	Primary Capital Advisors LC [Member]	Series E Preferred Stock [Member]	RSO [Member]	RSO [Member]
				Deutsche Bank AG [Member]		Variable Interest Entity, Not Primary Beneficiary [Member]	RCC Real Estate [Member]	RCC Real Estate [Member]
						LEAF Commercial Capital Inc [Member]	Wells Fargo Bank, National Association [Member]	Wells Fargo Bank, National Association [Member]
							option
Subsequent Event [Line Items]	'	'	'	'	'	'	'	'
Ownership percentage (in hundredths)	10.00%	'	'	'	'	'	'	'
Proceeds from Sale of Equity Method Investments	$3,000,000	'	'	'	'	'	'	'
Number Of Loans Held For Sale Sold During Period	'	2	'	'	'	'	'	'
Proceeds from Sale of Loans Held-for-sale	'	34,000,000	'	'	'	'	'	'
Collateralized Loan Obligations, Number that Redeemed Outstanding Notes in Whole	'	'	1	'	'	'	'	'
Shares received in equity method transaction (in shares)	'	'	'	'	'	2,200,000	'	'
Revolving credit facility, maximum borrowing capacity	'	'	'	200,000,000	'	'	250,000,000	'
Debt instrument term, number of options to extend	'	'	'	'	'	'	2	'
Debt instrument term, option to extend	'	'	'	'2 years	'	'	'1 year	'
Debt Instrument, Structuring Fee	'	'	'	'	'	'	'	101,000
Debt Instrument, Extension Fee	'	'	'	'	'	'	938,000	'
Acquisition	'	'	'	'	8,400,000	'	'	'
Payments to Acquire Businesses, Gross	'	'	'	'	7,600,000	'	'	'
Business Combination Consideration Transferred Equity Interests Issued And Issuable	'	'	'	'	800,000	'	'	'
Escrow Deposit	'	'	'	'	$1,800,000	'	'	'

VALUATION_AND_QUALIFYING_ACCOU1

VALUATION AND QUALIFYING ACCOUNTS (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Movement in Valuation Allowances and Reserves [Roll Forward]	'	'	'
Deconsolidation of LEAF	$482	'	'
Allowance for management fees – commercial finance: [Member]	'	'	'
Movement in Valuation Allowances and Reserves [Roll Forward]	'	'	'
Balance at Beginning of Year	8,312	1,075	0
Additions Charged to Costs and Expenses	16,766	7,237	1,852
Amounts Written-off Against the Allowance, Net of Recoveries	0	0	-777
Balance at End of Year	25,078	8,312	1,075
Allowance for management fees – real estate: [Member]	'	'	'
Movement in Valuation Allowances and Reserves [Roll Forward]	'	'	'
Balance at Beginning of Year	2,178	0	0
Additions Charged to Costs and Expenses	324	2,178	0
Amounts Written-off Against the Allowance, Net of Recoveries	0	0	0
Balance at End of Year	2,502	2,178	0
Allowance for investments in real estate loans: [Member]	'	'	'
Movement in Valuation Allowances and Reserves [Roll Forward]	'	'	'
Balance at Beginning of Year	0	49	1,585
Additions Charged to Costs and Expenses	0	0	49
Amounts Written-off Against the Allowance, Net of Recoveries	0	-49	-1,585
Balance at End of Year	0	0	49
Allowance for investments in commercial finance assets: [Member]	'	'	'
Movement in Valuation Allowances and Reserves [Roll Forward]	'	'	'
Balance at Beginning of Year	430	900	3,210
Additions Charged to Costs and Expenses	138	1,231	3,307
Amounts Written-off Against the Allowance, Net of Recoveries	-568	-1,701	-5,617
Balance at End of Year	0	430	900
Allowance for investments in loans held for investment: [Member]	'	'	'
Movement in Valuation Allowances and Reserves [Roll Forward]	'	'	'
Balance at Beginning of Year	0	0	0
Additions Charged to Costs and Expenses	0	0	1
Amounts Written-off Against the Allowance, Net of Recoveries	0	0	-1
Balance at End of Year	0	0	0
Allowance for rent receivables: [Member]	'	'	'
Movement in Valuation Allowances and Reserves [Roll Forward]	'	'	'
Balance at Beginning of Year	15	0	0
Additions Charged to Costs and Expenses	18	15	0
Amounts Written-off Against the Allowance, Net of Recoveries	0	0	0
Balance at End of Year	$33	$15	$0

REAL_ESTATE_AND_ACCUMULATED_DE1

REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) (USD $)	12 Months Ended
	Sep. 30, 2012
Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	$10,531,000
Initial Cost to Company, Buildings and Land Improvements	14,661,000
Cost Capitalized Subsequent to Acquisition, Improvements Carrying Costs	2,961,000
Gross Amount at which Carried at Close of Period, Buildings and Land Improvements Total	19,628,000
Accumulated Depreciation	6,376,000
Office Building [Member]	'
Real Estate and Accumulated Depreciation [Line Items]	'
Impairment Charges	2,200,000
Real Estate Assets - Consolidated VIE [Member]	'
Real Estate and Accumulated Depreciation [Line Items]	'
Impairment Charges	89,000
Hotel Savannah, GA [Member]	'
Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	10,531,000
Initial Cost to Company, Buildings and Land Improvements	10,187,000
Cost Capitalized Subsequent to Acquisition, Improvements Carrying Costs	2,376,000
Gross Amount at which Carried at Close of Period, Buildings and Land Improvements Total	16,849,000
Accumulated Depreciation	5,230,000
Date of Construction	'1853
Date Acquired	30-Jun-05
Life on Which Depreciation in Latest Income is Computed	'40 years
Commercial Philadelphia, PA [Member]	'
Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	0
Initial Cost to Company, Buildings and Land Improvements	2,874,000
Cost Capitalized Subsequent to Acquisition, Improvements Carrying Costs	585,000
Gross Amount at which Carried at Close of Period, Buildings and Land Improvements Total	1,268,000
Accumulated Depreciation	362,000
Date of Construction	'1924
Date Acquired	9-Jan-09
Life on Which Depreciation in Latest Income is Computed	'37 years
Commercial Retail Elkins West, WV [Member] | RSO [Member]	'
Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	0
Initial Cost to Company, Buildings and Land Improvements	1,600,000
Cost Capitalized Subsequent to Acquisition, Improvements Carrying Costs	0
Gross Amount at which Carried at Close of Period, Buildings and Land Improvements Total	1,511,000
Accumulated Depreciation	$784,000
Date of Construction	'1963
Date Acquired	1-Jul-03
Life on Which Depreciation in Latest Income is Computed	'40 years

REAL_ESTATE_AND_ACCUMULATED_DE2

REAL ESTATE AND ACCUMULATED DEPRECIATION (Reconciliation) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]	'	'	'
Balance, beginning of year	$23,467	$23,234	$25,241
Additions: Improvements	307	233	293
Period increase	23,774	23,467	25,534
Deductions: Cost of real estate sold	0	0	2,300
Deductions: Other - write down	2,280	0	0
Deductions: LEAF deconsolidation	1,866	0	0
Balance, end of year	$19,628	$23,467	$23,234

INVESTMENTS_IN_MORTGAGE_LOANS_1

INVESTMENTS IN MORTGAGE LOANS ON REAL ESTATE (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Movement in Mortgage Loans on Real Estate [Roll Forward]	'	'	'
Balance, beginning of year	$0	$49	$4,447
Additions: Other	0	0	2,027
Period increase	0	49	6,474
Deductions: Collections of principal	0	0	4,840
Deductions: Charge-offs	0	-49	1,585
Period decrease	0	-49	6,425
Balance, end of year	$0	$0	$49