Drive Shack Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

GAIN(LOSSES) ON SETTLEMENT OF INVESTMENTS, NET AND OTHER INCOME(LOSS), NET (Tables)

GAIN(LOSSES) ON SETTLEMENT OF INVESTMENTS, NET AND OTHER INCOME(LOSS), NET (Tables)

6 Months Ended

Jun. 30, 2013

Gainlosses On Settlement Of Investments Net And Other Incomeloss Net Tables

Schedule of Gain (Loss) on Settlement of Investments, Net and Other Income (Loss), Net

These items are comprised of the following:

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Gain (loss) on settlement of investments, net
Gain on settlement of real estate securities	$	8,209		$	2,913		$	8,209		$	9,685
Loss on settlement of real estate securities		(3,592	)		(4,090	)		(3,592	)		(4,425	)
Loss on repayment/disposition of loans held-for-sale		(354	)		—			(354	)		—
Gain on termination of derivative		813			—			813			—
Loss on disposal of long-lived assets		(10	)		—			(13	)		(1,614	)
	$	5,066		$	(1,177	)	$	5,063		$	3,646
Other income (loss), net
Gain (loss) on non-hedge derivative instruments	$	2,282		$	2,021		$	5,408		$	4,077
Unrealized (loss) recognized at de-designation of hedges		—			(6,760	)		—			(7,036	)
Hedge ineffectiveness		—			453			—			483
Collateral management fee income, net		336			463			688			976
Other income (loss)		406			79			1,495			726
	$	3,024		$	(3,744	)	$	7,591		$	(774	)

- Definition

Tabular disclosure of the realized and unrealized gains and losses reported in the statement of income which have resulted from the sale and holding of marketable securities, respectively, as well as the sale or disposal of cost method investments. Such amounts would include realized gains and losses on the sale or disposal of trading, available-for-sale, and held-to-maturity securities, unrealized gains and losses on trading securities, unrealized gains and losses on available-for-sale and held-to-maturity securities transferred to the trading securities category, realized gains and losses on the sale or disposal of cost method investments, and losses recognized for other than temporary impairments (OTTI) of such investments.

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