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Segment Reporting (Details 2) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Reconciliation of segment profit (loss) to income (loss) from continuing operations                      
Segment profit (loss)                 $ 9,004 [1] $ 30,550 [1] $ 422,315 [1]
Less: Provision for loan losses                 (81,740) (46,412) (331,487)
Less: Impairment of assets                 (36,354) (22,386) (22,381)
Less: Stock-based compensation expense                 (15,293) (29,702) (19,355)
Less: Depreciation and amortization                 (70,786) (63,928) (70,786)
Less: Income tax (expense) benefit                 (8,445) 4,719 (7,023)
Add: Gain (loss) on early extinguishment of debt, net                 (37,816) 101,466 108,923
Net income (loss) $ (79,948) [2] $ (64,306) $ (51,129) $ (46,048) $ (28,915) [3] $ (54,661) $ (26,020) $ 83,902 $ (241,430) $ (25,693) $ 80,206
[1] The following is a reconciliation of segment profit (loss) to net income (loss) ($ in thousands): For the Years Ended December 31, 2012 2011 2010Segment profit (loss)$9,004 $30,550 $422,315Less: Provision for loan losses(81,740) (46,412) (331,487)Less: Impairment of assets(36,354) (22,386) (22,381)Less: Stock-based compensation expense(15,293) (29,702) (19,355)Less: Depreciation and amortization(70,786) (63,928) (70,786)Less: Income tax (expense) benefit(8,445) 4,719 (7,023)Add: Gain (loss) on early extinguishment of debt, net(37,816) 101,466 108,923Net income (loss)$(241,430) $(25,693) $80,206
[2] During the quarter ended December 31, 2012, the Company recorded a loss on early extinguishment of debt of $31.0 million primarily related to a prepayment penalty on the early repayment of 8.625% Senior Notes, as well as a loss due to the acceleration of unamortized fees and discounts related to the refinancing of the 2011 Secured Credit Facilities (see Note 8). The Company also recorded $27.9 million related to Income from sales of residential property. During the quarter ended March 31, 2012, the Madison Funds recorded a significant gain related to the sale of an investment for which the Company recorded its $13.7 million proportionate share.
[3] During the quarter ended December 31, 2011, the Company sold a substantial portion of its interests in Oak Hill Advisors, L.P. and related entities which resulted in a net gain of $30.3 million (see Note 6). During the quarter ended June 30, 2011, the Company recorded interest income of $26.3 million related to certain non-performing loans that were resolved, including interest not previously recorded due to the loans being on non-accrual status. During the quarter ended March 31, 2011, the Company recorded a gain on early extinguishment of debt of $109.0 million for the redemption of its $312.3 million remaining principal amount of 10% senior secured notes due June 2014.