MANAGEMENT AGREEMENT AND RELATED PARTY TRANSACTIONS (Details 2) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Management Agreement and Related Party Transactions
Total related party transaction expense	$ 22,741	$ 37,588	$ 34,154
Manager | Base Management Fees
Management Agreement and Related Party Transactions
Base management fees, gross	39,065	28,244	26,294
CLO management fees credit	(10,042)
Other related party fees credit	(3,994)
Total related party transaction expense	$ 25,029	$ 28,244	$ 26,294