GUARANTEES AND COLLATERAL (Tables)

6 Months Ended

Jun. 30, 2020

GUARANTEES AND COLLATERAL [Abstract]

Schedule of Financial Instruments Owned and Pledged as Collateral

	At
	June 30, 2020
			Investments						Total
	Restricted		in Debt		Investments in			Other	Assets
(in thousands)	Cash		Securities		Partnerships			Assets	Pledged
Debt related to the revolving credit facility	$	1,329	$	—	$	363,070	$	—	$	364,399
Debt related to TRS agreement		10,020		23,874		—		—		33,894
Debt related to the Company's REO		250		—		—		14,526		14,776
Debt and derivatives related to the Company's 11.85% ownership interest in SAWHF		1,374		—		1,994		2,709		6,077
Interest rate swaps		4,319		—		—		—		4,319
Other		8		—		—		—		8
Total	$	17,300	$	23,874	$	365,064	$	17,235	$	423,473

	At
	December 31, 2019
					Total
	Restricted		Investments in		Assets
(in thousands)	Cash		Partnerships		Pledged
Debt related to the revolving credit facility	$	1,070	$	289,123	$	290,193
Debt and derivatives related to the Company's 11.85% ownership interest in SAWHF		1,369		7,732		9,101
Interest rate swaps		1,803		—		1,803
Other		8		—		8
Total	$	4,250	$	296,855	$	301,105