LENNAR CORP /NEW/ | 2013 | FY | 3


The following is a detail of Rialto Investments other income (expense), net for the periods indicated:
 
Years Ended November 30,
(In thousands)
2013
 
2012
 
2011
Realized gains on REO sales, net
$
48,785

 
21,649

 
6,035

Unrealized gains (losses) on transfer of loans receivable to REO and impairments, net
(16,517
)
 
(11,160
)
 
70,779

Gain on bargain purchase acquisition
8,532

 

 

REO expenses
(44,282
)
 
(56,745
)
 
(49,531
)
Rental income
20,269

 
16,476

 
7,185

Gain on sale of investment securities

 

 
4,743

Rialto Investments other income (expense), net
$
16,787

 
(29,780
)
 
39,211


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