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COMMERCIAL REAL ESTATE INVESTMENTS - CRE Debt and Preferred Equity Investments (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Real Estate [Line Items]      
Carrying Value $ 1,029,327 $ 970,505 $ 1,348,817
Carrying value, unamortized origination fees 3,800 4,500  
Preferred equity      
Real Estate [Line Items]      
Carrying Value 8,985 8,967 121,773
Commercial Mortgage      
Real Estate [Line Items]      
Outstanding Principal 1,033,158 975,015  
Carrying Value $ 1,029,327 $ 970,505  
Percentage of Loan Portfolio 100.00% 100.00%  
Commercial Mortgage | Mezzanine loans      
Real Estate [Line Items]      
Outstanding Principal $ 395,015 $ 453,693  
Carrying Value $ 394,442 $ 451,467 578,503
Percentage of Loan Portfolio 38.20% 46.50%  
Commercial Mortgage | Senior mortgages      
Real Estate [Line Items]      
Outstanding Principal $ 629,143 $ 512,322  
Carrying Value $ 625,900 $ 510,071 $ 385,838
Percentage of Loan Portfolio 60.90% 52.60%  
Commercial Mortgage | Preferred equity      
Real Estate [Line Items]      
Outstanding Principal $ 9,000 $ 9,000  
Carrying Value $ 8,985 $ 8,967  
Percentage of Loan Portfolio 0.90% 0.90%