LOANS (Tables)

3 Months Ended

Mar. 31, 2017

Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]

Schedule of corporate loans

The following table summarizes the Company’s loans as of March 31, 2017 and December 31, 2016 (amounts in thousands):

	March 31, 2017						December 31, 2016
	Par		Amortized  Cost		Estimated Fair Value		Par		Amortized  Cost		Estimated Fair Value
Corporate loans, at estimated fair value	$	3,391,473	$	3,363,359	$	3,248,385	$	3,433,059	$	3,419,483	$	3,305,264
Total	$	3,391,473	$	3,363,359	$	3,248,385	$	3,433,059	$	3,419,483	$	3,305,264

Schedule of realized and unrealized (losses) gains from corporate loans

The following tables present the Company’s realized and unrealized gains (losses) from loans (amounts in thousands):

	Three Months Ended March 31, 2017			Three months ended March 31, 2016
Net realized gains (losses)	$	(3,886	)	$	(30,714	)
Net (increase) decrease in unrealized losses	(1,886		)	44,923
Net realized and unrealized gains (losses)	$	(5,772	)	$	14,209

Schedule of corporate loans pledged as collateral

The following table summarizes the corporate loans, at estimated fair value, pledged as collateral as of March 31, 2017 and December 31, 2016 (amounts in thousands):

	March 31, 2017		December 31, 2016
Pledged as collateral for collateralized loan obligation secured debt	$	3,061,010	$	3,048,841
Total	$	3,061,010	$	3,048,841