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COMMERCIAL REAL ESTATE INVESTMENTS - Total Commercial Real Estate Held for Investments (Details) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Real estate held for investment, at amortized cost    
Real estate held for investment, at amortized cost $ 442,402 $ 441,971
Less: accumulated depreciation (52,723) (48,920)
Total real estate held for investment, at amortized cost, net 389,679 393,051
Equity in unconsolidated joint ventures 90,384 92,902
Investments in commercial real estate, net 480,063 485,953 [1]
Land    
Real estate held for investment, at amortized cost    
Real estate held for investment, at amortized cost 111,012 111,012
Buildings and improvements    
Real estate held for investment, at amortized cost    
Real estate held for investment, at amortized cost $ 331,390 $ 330,959
[1] Derived from the audited consolidated financial statements at December 31, 2017.