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Investments In Equity Method Affiliates (Tables) | 12 Months Ended
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Dec. 31, 2013
Investments in Equity Method Affiliates [Abstract] |
Schedule Of Investments In Equity Method Affiliates |
INVESTMENTS IN EQUITY METHOD AFFILIATES
(Dollars in Thousands)
| Star |  | Deep |  | Deep |  | Star |  | Star |  | Star Asia |  | Star |  |  |  |  |  |
| Asia |  | Value |  | Value |  | Asia |  | Asia |  | Capital |  | Asia |  | SAA |  |  |  |
| Manager (3) |  | GP |  | GP II |  | SPV (3) |  | Opportunity (3) |  | Management (3) |  | Opportunity II (3) |  | Manager (3) |  | Other |  | Total
December 31, 2010 | $ | 202 |  | $ | 269 |  | $ | 31 |  | $ | 1,604 |  | $ | - |  | $ | - |  | $ | - |  | $ | - |  | $ | - |  | $ | 2,106
Investment / advances |  | - |  |  | - |  |  | - |  |  | 6 |  |  | 4,055 |  |  | 6 |  |  | - |  |  | - |  |  | 964 |  |  | 5,031
Distributions / repayments |  | (850) |  |  | (4,597) |  |  | - |  |  | (1,846) |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | (7,293)
Earnings / (loss) realized |  | 1,694 |  |  | 4,349 |  |  | 2 |  |  | 702 |  |  | 405 |  |  | 44 |  |  | - |  |  | - |  |  | (964) |  |  | 6,232
December 31, 2011 |  | 1,046 |  |  | 21 |  |  | 33 |  |  | 466 |  |  | 4,460 |  |  | 50 |  |  | - |  |  | - |  |  | - |  |  | 6,076
Investment / advances |  | - |  |  | - |  |  | - |  |  | 10 |  |  | - |  |  | 6 |  |  | 4,700 |  |  | - |  |  | - |  |  | 4,716
Distributions / repayments |  | (1,600) |  |  | - |  |  | (1,720) |  |  | (662) |  |  | (4,982) |  |  | (652) |  |  | (2,477) |  |  | - |  |  | - |  |  | (12,093)
Reorganization (1) |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | (1,841) |  |  | - |  |  | - |  |  | (1,841)
Earnings / (loss) realized |  | 1,101 |  |  | (14) |  |  | 1,726 |  |  | 1,581 |  |  | 544 |  |  | 504 |  |  | (382) |  |  | (8) |  |  | - |  |  | 5,052
December 31, 2012 |  | 547 |  |  | 7 |  |  | 39 |  |  | 1,395 |  |  | 22 |  |  | (92) |  |  | - |  |  | (8) |  |  | - |  |  | 1,910
Investments / advances |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | 10 |  |  | 20 |  |  | 30
Distributions / repayments |  | - |  |  | (7) |  |  | (26) |  |  | (2,682) |  |  | - |  |  | (134) |  |  | - |  |  | (245) |  |  | - |  |  | (3,094)
Acquisition (2) |  | (705) |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | (705)
Earnings / (loss) realized |  | 158 |  |  | - |  |  | (13) |  |  | 1,287 |  |  | (5) |  |  | 145 |  |  | - |  |  | 255 |  |  | 1 |  |  | 1,828
December 31, 2013 | $ | - |  | $ | - |  | $ | - |  | $ | - |  | $ | 17 |  | $ | (81) |  | $ | - |  | $ | 12 |  | $ | 21 |  | $ | (31)
(1)On December 20, 2012, Star Asia Opportunity II completed a reorganization whereby its assets were contributed into a subsidiary of the Star Asia Special Situations Fund. The net effect of the reorganization to the Company was that the Company exchanged its ownership interest in Star Asia Opportunity II for cash and an interest in the Star Asia Special Situations Fund. The Star Asia Special Situations Fund is carried at fair value and included as a component of other investments, at fair value. The cash received by the Company in the reorganization is included as distributions / repayments above. The remaining carrying value of the Company’s equity method investment in Star Asia Opportunity II was $1,841 after taking into account the cash distribution from the reorganization. This amount was reclassified from investments in equity method affiliates to other investments, at fair value. It is shown as reorganization in the table above and is treated as the cost basis of the Company’s investment in the Star Asia Special Situations Fund. Any difference between the cost basis assigned and the fair value of the Company’s investment in the Star Asia Special Situations Fund is included as a component of principal transactions, and other income. See notes 8, 9, 28, and 29. (2)See note 4. (3)See note 31.
Summarized Data Of Equity Method Investees |
SUMMARY DATA OF EQUITY METHOD INVESTEES
(Dollars in Thousands)
|  |  | December 31, 2013 |  |  | December 31, 2012
Total Assets |  | $ | 370,388 |  | $ | 279,874
Liabilities |  | $ | 144,578 |  | $ | 96,981
Equity attributable to the investees |  |  | 225,810 |  |  | 182,277
Non-controlling interest |  |  | - |  |  | 616
Total Liabilities & Equity |  | $ | 370,388 |  | $ | 279,874
| Year Ended December 31,
| 2013 |  | 2012 |  | 2011
Net income / (loss) | $ | 28,885 |  | $ | 2,248 |  | $ | 12,786
Net income / (loss) attributable to the investees | $ | 29,501 |  | $ | 2,667 |  | $ | 12,818

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- Definition The table represents a rollforward of the Company's investment in the equity method affiliates. It includes advances, distributions and the Company's proportionate share of the net income from the equity method affiliates. + References No definition available. + Details
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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
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