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your soundcard doesnt have an AD in it?! 
ok, jokes aside... no, you don't need an extra AD converter. the outputs from the unit are probably RCA (or trs/xlr), so all you need is the right cable to get that into your soundcards trs inputs. make sure the output isn't clipping like a mad **** though! also, i wouldn't push your entire mix through this... as you will get a huge loss in quality, so just use it here and there.
i have zero experience with these things, other than looking at one haha. as far as i am aware, you can just have the reel running and use the monitor output on the unit so it records/reads at the same time (or something like that).
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