SEGMENT INFORMATION (Schedule of Segment Reporting Information) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting Information [Line Items]
Total interest income	$ 3,527	$ 5,448	$ 11,673	$ 13,598
Total interest expense	(623)	(526)	(1,608)	(2,674)
Net interest income	2,904	4,922	10,065	10,924
Total fee and other income	3,906	3,812	11,043	8,178
Revenue from CFVs			409	14,501
Total non-interest revenue	4,115	7,653	11,452	22,679
Total revenues, net of interest expense	7,019	12,575	21,517	33,603
Operating and other expenses:
Interest expense	(1,300)	(3,400)	(6,204)	(10,462)
Operating expenses	(5,669)	(5,217)	(16,513)	(15,864)
Other expenses, net	(2,267)	(1,940)	(4,096)	(3,595)
Expenses from CFVs	(10,890)	(17,296)	(29,220)	(41,604)
Total operating and other expenses	(20,126)	(27,853)	(56,033)	(71,525)
Net gains on assets, derivatives and extinguishment of liabilities	6,445	10,669	18,355	11,857
Net gains transferred into net income from AOCI due to real estate foreclosure				2,003
Equity in (losses) income from unconsolidated funds and ventures		(182)	(15,892)	(19,248)
Net gains related to CFVs		12,627		16,779
Equity in (losses) gains from Lower Tier Property Partnerships of CFVs		(4,346)	(16,266)	(18,812)
Income (loss) from continuing operations before income taxes	(10,300)	3,490	(32,053)	(26,531)
Income tax expense	(146)	(1,919)	(278)	(171)
Income (loss) from discontinued operations, net of tax	83	3,903	244	17,941
Net income (loss)	(10,363)	5,474	(32,087)	(8,761)
Net losses allocable to noncontrolling interests in CFVs:	(13,780)	(7,138)	(42,252)	(32,562)
Net income (loss) to common shareholders	3,417	12,612	10,165	23,801
Unconsolidated Funds and Ventures [Member]
Operating and other expenses:
Equity in (losses) income from unconsolidated funds and ventures	281	(182)	374	(436)
Consolidated Funds and Ventures [Member]
Segment Reporting Information [Line Items]
Revenue from CFVs	209	3,841
Operating and other expenses:
Expenses from CFVs	(10,890)
Equity in (losses) gains from Lower Tier Property Partnerships of CFVs	(3,919)
Continuing Operations [Member]
Operating and other expenses:
Net losses allocable to noncontrolling interests in CFVs:	13,780	7,138	42,252	32,412
Discontinued Operations [Member]
Operating and other expenses:
Net losses allocable to noncontrolling interests in CFVs:				150
U.S. Operations [Member]
Segment Reporting Information [Line Items]
Total interest income	3,486	6,031	11,569	15,086
Total interest expense	(498)	(351)	(1,207)	(2,130)
Net interest income	2,988	5,680	10,362	12,956
Total fee and other income	2,665	3,531	7,360	8,436
Total non-interest revenue	2,665	3,531	7,360	8,436
Total revenues, net of interest expense	5,653	9,211	17,722	21,392
Operating and other expenses:
Interest expense	(273)	(604)	(1,069)	(2,177)
Operating expenses	(1,917)	(1,598)	(5,477)	(5,215)
Other expenses, net	(156)	(2,685)	(849)	(4,414)
Total operating and other expenses	(2,346)	(4,887)	(7,395)	(11,806)
Net gains on assets, derivatives and extinguishment of liabilities	6,445	10,669	18,355	10,757
Net gains transferred into net income from AOCI due to real estate foreclosure				2,003
Equity in (losses) income from unconsolidated funds and ventures		(175)
Equity in (losses) gains from Lower Tier Property Partnerships of CFVs		(277)	(3,806)	(2,187)
Income (loss) from continuing operations before income taxes	8,983	14,541	25,195	19,800
Income tax expense	(28)		(28)
Income (loss) from discontinued operations, net of tax	83	2,455	244	18,091
Net income (loss)	9,038	16,996	25,411	37,891
Net income (loss) to common shareholders	9,038
U.S. Operations [Member] | Unconsolidated Funds and Ventures [Member]
Operating and other expenses:
Equity in (losses) income from unconsolidated funds and ventures	370		319	(359)
U.S. Operations [Member] | Consolidated Funds and Ventures [Member]
Operating and other expenses:
Equity in (losses) gains from Lower Tier Property Partnerships of CFVs	(1,139)
International Operations [Member]
Segment Reporting Information [Line Items]
Total interest income	17	15	51	36
Net interest income	17	15	51	36
Total fee and other income	1,571	2,456	4,187	4,219
Total non-interest revenue	1,571	2,456	4,187	4,219
Total revenues, net of interest expense	1,588	2,471	4,238	4,255
Operating and other expenses:
Interest expense	(29)	(36)	(87)	(111)
Operating expenses	(2,563)	(2,537)	(6,855)	(5,952)
Other expenses, net	(2,094)	32	(2,124)	19
Total operating and other expenses	(4,686)	(2,541)	(9,066)	(6,044)
Equity in (losses) income from unconsolidated funds and ventures		(7)
Equity in (losses) gains from Lower Tier Property Partnerships of CFVs		246		388
Income (loss) from continuing operations before income taxes	(3,187)	169	(4,773)	(1,478)
Net income (loss)	(3,187)	169	(4,773)	(1,478)
Net losses allocable to noncontrolling interests in CFVs:			12
Net income (loss) to common shareholders	(3,199)
International Operations [Member] | Unconsolidated Funds and Ventures [Member]
Operating and other expenses:
Equity in (losses) income from unconsolidated funds and ventures	(89)		55	(77)
International Operations [Member] | Continuing Operations [Member]
Operating and other expenses:
Net losses allocable to noncontrolling interests in CFVs:	(12)			77
Corporate Operations [Member]
Segment Reporting Information [Line Items]
Total interest income	24		53
Total interest expense	(125)	(175)	(401)	(544)
Net interest income	(101)	(175)	(348)	(544)
Total fee and other income	1		489	30
Total non-interest revenue	1		489	30
Total revenues, net of interest expense	(100)	(175)	141	(514)
Operating and other expenses:
Interest expense	(998)	(2,760)	(5,048)	(8,174)
Operating expenses	(1,189)	(1,082)	(4,181)	(4,697)
Other expenses, net	(17)	(65)	(1,123)	(233)
Total operating and other expenses	(2,204)	(3,907)	(10,352)	(13,104)
Net gains on assets, derivatives and extinguishment of liabilities				1,100
Income (loss) from continuing operations before income taxes	(2,304)	(4,082)	(10,211)	(12,518)
Income tax expense	(118)	(1,919)	(250)	(171)
Income (loss) from discontinued operations, net of tax		1,448
Net income (loss)	(2,422)	(4,553)	(10,461)	(12,689)
Net income (loss) to common shareholders	(2,422)
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total interest income		(598)		(1,524)
Net interest income		(598)		(1,524)
Total fee and other income	(331)	(2,175)	(993)	(4,507)
Total non-interest revenue	(331)	(2,175)	(993)	(4,507)
Total revenues, net of interest expense	(331)	(2,773)	(993)	(6,031)
Operating and other expenses:
Other expenses, net		778		1,033
Expenses from CFVs		2,241	993	5,386
Total operating and other expenses	331	3,019	993	6,419
Equity in (losses) gains from Lower Tier Property Partnerships of CFVs		(246)		(388)
Intersegment Eliminations [Member] | Consolidated Funds and Ventures [Member]
Operating and other expenses:
Expenses from CFVs	331
Consolidated Funds and Ventures [Member]
Segment Reporting Information [Line Items]
Total interest income		598		1,524
Revenue from CFVs			409	14,501
Total non-interest revenue	209	3,841	409	14,501
Total revenues, net of interest expense	209	3,841	409	14,501
Operating and other expenses:
Other expenses, net		778		1,033
Expenses from CFVs		(19,537)	(30,213)	(46,990)
Total operating and other expenses	(11,221)	(19,537)	(30,213)	(46,990)
Net gains related to CFVs		12,627		16,779
Equity in (losses) gains from Lower Tier Property Partnerships of CFVs		(4,069)	(12,460)	(16,625)
Income (loss) from continuing operations before income taxes	(13,792)	(7,138)	(42,264)	(32,335)
Income (loss) from discontinued operations, net of tax				(150)
Net income (loss)	(13,792)	(7,138)	(42,264)	(32,485)
Net losses allocable to noncontrolling interests in CFVs:			(42,264)
Consolidated Funds and Ventures [Member] | Lower Tier Property Partnerships [Member]
Operating and other expenses:
Equity in (losses) income from unconsolidated funds and ventures	(1,139)	(277)	$ (3,806)	(2,187)
Consolidated Funds and Ventures [Member] | Consolidated Funds and Ventures [Member]
Segment Reporting Information [Line Items]
Revenue from CFVs	209	3,841
Operating and other expenses:
Expenses from CFVs	(11,221)
Equity in (losses) gains from Lower Tier Property Partnerships of CFVs	(2,780)
Consolidated Funds and Ventures [Member] | Continuing Operations [Member]
Operating and other expenses:
Net losses allocable to noncontrolling interests in CFVs:	$ 13,792	$ 7,138		32,335
Consolidated Funds and Ventures [Member] | Discontinued Operations [Member]
Operating and other expenses:
Net losses allocable to noncontrolling interests in CFVs:				$ 150