SIGNIFICANT ACCOUNTING POLICIES (Details 1) (USD $)	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Schedule of Significant Accounting Policies, General [Line Items]
Rental Income										$ 0	$ 0
Hospitality and Entertainment Income										0
Operating Property Revenue									17,140,000	3,485,000	1,912,000
Mortgage Loan Income, net									783,000	1,084,000	1,274,000
Investment and Other Income									5,403,000	195,000	612,000
Operating Property Direct Expenses (exclusive of Interest and Depreciation)									14,406,000	4,194,000	2,579,000
Property Taxes for REO										0	0
Other Operating Expenses for Real Estate Owned										0	0
Expenses for Non-Operating Real Estate Owned									2,145,000	3,206,000	3,618,000
Professional Fees									7,260,000	5,941,000	6,163,000
Default and Enforcement Related Expenses										0	0
General and Administrative Expenses									5,746,000	6,397,000	11,308,000
Interest Expense									19,176,000	15,215,000	9,843,000
Organizational and Offering Costs											0
Restructure Charge											0
Depreciation and Amortization									3,055,000	2,551,000	1,797,000
Total Operating Expenses	19,539,000	15,843,000	13,121,000	9,394,000	11,676,000	10,642,000	8,498,000	9,251,000	57,897,000	40,067,000	36,665,000
Total Provision and Impairment Charges										0	0
Total (Recovery) Provision, Impairment Charges and (Gain) Loss on Disposal of Legacy Assets									(8,366,000)	(3,111,000)	2,328,000
Revenues	9,646,000	6,727,000	5,097,000	1,856,000	1,118,000	1,058,000	1,306,000	1,282,000	23,326,000	4,764,000	3,798,000
(Gain)/Loss on Disposal of Legacy Assets	(477,000)	(252,000)	(711,000)	10,000	(398,000)	(368,000)	(146,000)	(77,000)	(1,430,000)	(989,000)	(201,000)
(Recovery of) Provision for Credit Losses	211,000	(679,000)	(4,965,000)	(2,606,000)	(192,000)	(1,030,000)	(900,000)	0	(8,039,000)	(2,122,000)	1,000,000
Settlement and Related Costs									6,109,000	2,563,000	1,357,000
Impairment of Real Estate Owned	1,103,000	0	0	0					1,103,000	0	1,529,000
Operating Costs and Expenses	20,376,000	14,912,000	7,445,000	6,798,000	11,086,000	9,244,000	7,452,000	9,174,000	49,531,000	36,956,000
Mortgage and REO - Legacy Portfolio and Other Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Operating Property Revenue									1,000	85,000	98,000
Mortgage Loan Income, net									783,000	1,085,000	1,274,000
Investment and Other Income									5,388,000	20,000	242,000
Operating Property Direct Expenses (exclusive of Interest and Depreciation)									0	0	0
Expenses for Non-Operating Real Estate Owned									2,137,000	3,206,000	3,592,000
Professional Fees									3,751,000	2,368,000	957,000
General and Administrative Expenses									33,000	34,000	55,000
Interest Expense									1,766,000	2,247,000	2,143,000
Depreciation and Amortization									0	0	0
Total Operating Expenses										0	0
Revenues									6,172,000	1,190,000	1,614,000
(Gain)/Loss on Disposal of Legacy Assets									(1,460,000)	(982,000)	(202,000)
(Recovery of) Provision for Credit Losses									(8,028,000)	(2,117,000)	1,000,000
Settlement and Related Costs									9,000	0	0
Impairment of Real Estate Owned									1,103,000	0	1,529,000
Operating Costs and Expenses										4,756,000	9,074,000
Commercial Real Estate Leasing Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Operating Property Revenue									1,474,000	1,415,000	1,814,000
Mortgage Loan Income, net									0	0	0
Investment and Other Income									2,000	13,000	237,000
Operating Property Direct Expenses (exclusive of Interest and Depreciation)									1,414,000	1,532,000	2,579,000
Expenses for Non-Operating Real Estate Owned									0	0	0
Professional Fees									0	0	0
General and Administrative Expenses									0	0	0
Interest Expense									1,801,000	12,000	964,000
Depreciation and Amortization									1,337,000	1,323,000	1,320,000
Total Operating Expenses										0	0
Revenues									1,476,000	1,428,000	2,051,000
(Gain)/Loss on Disposal of Legacy Assets									0	0	0
(Recovery of) Provision for Credit Losses									(11,000)	(5,000)	0
Settlement and Related Costs									0	0	0
Impairment of Real Estate Owned									0	0	0
Operating Costs and Expenses										2,862,000	4,863,000
Hospitality and Entertainment Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Operating Property Revenue									15,665,000	1,985,000	0
Mortgage Loan Income, net									0	0	0
Investment and Other Income									4,000	1,000	0
Operating Property Direct Expenses (exclusive of Interest and Depreciation)									12,992,000	2,662,000	0
Expenses for Non-Operating Real Estate Owned									0	0	0
Professional Fees									0	0	0
General and Administrative Expenses									0	0	0
Interest Expense									2,124,000	93,000	0
Depreciation and Amortization									1,512,000	336,000	0
Total Operating Expenses										0
Revenues									15,669,000	1,986,000	0
(Gain)/Loss on Disposal of Legacy Assets									0	0	0
(Recovery of) Provision for Credit Losses									0	0	0
Settlement and Related Costs									0	0	0
Impairment of Real Estate Owned									0	0	0
Operating Costs and Expenses										3,091,000
Corporate and Other [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Operating Property Revenue									0	0	0
Mortgage Loan Income, net									0	(1,000)	0
Investment and Other Income									9,000	161,000	133,000
Operating Property Direct Expenses (exclusive of Interest and Depreciation)									0	0	0
Expenses for Non-Operating Real Estate Owned									8,000	0	26,000
Professional Fees									3,509,000	3,573,000	5,206,000
General and Administrative Expenses									5,713,000	6,363,000	11,253,000
Interest Expense									13,485,000	12,863,000	6,736,000
Depreciation and Amortization									206,000	892,000	477,000
Total Operating Expenses										0	0
Revenues									9,000	160,000	133,000
(Gain)/Loss on Disposal of Legacy Assets									30,000	(7,000)	1,000
(Recovery of) Provision for Credit Losses									0	0	0
Settlement and Related Costs									6,100,000	2,563,000	1,357,000
Impairment of Real Estate Owned									0	0	0
Operating Costs and Expenses										26,247,000	25,056,000
As Previously Reported [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Rental Income										1,475,000	1,847,000
Hospitality and Entertainment Income										1,986,000
Operating Property Revenue										0	0
Mortgage Loan Income, net											1,327,000
Investment and Other Income										194,000	559,000
Operating Property Direct Expenses (exclusive of Interest and Depreciation)										0	0
Property Taxes for REO										1,900,000	2,159,000
Other Operating Expenses for Real Estate Owned										5,267,000	2,533,000
Expenses for Non-Operating Real Estate Owned										0	0
Professional Fees										5,307,000	7,201,000
Default and Enforcement Related Expenses										1,317,000	767,000
General and Administrative Expenses										5,921,000	10,232,000
Interest Expense										15,216,000	9,842,000
Organizational and Offering Costs											509,000
Restructure Charge											204,000
Depreciation and Amortization											1,796,000
Total Operating Expenses										39,052,000	36,399,000
Total Provision and Impairment Charges										(2,121,000)	2,529,000
Total (Recovery) Provision, Impairment Charges and (Gain) Loss on Disposal of Legacy Assets										0	0
As Previously Reported [Member] | Mortgage and REO - Legacy Portfolio and Other Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Expenses for Non-Operating Real Estate Owned										0	0
Professional Fees										0	0
General and Administrative Expenses										0	0
Interest Expense										0	0
Total Operating Expenses										9,604,000	15,403,000
Revenues										1,165,000	1,327,000
(Gain)/Loss on Disposal of Legacy Assets										0	0
(Recovery of) Provision for Credit Losses										0	0
Impairment of Real Estate Owned											0
Operating Costs and Expenses										9,604,000	15,403,000
As Previously Reported [Member] | Commercial Real Estate Leasing Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Operating Property Direct Expenses (exclusive of Interest and Depreciation)										0	0
Interest Expense										0	0
Depreciation and Amortization										0	0
Total Operating Expenses										2,448,000	2,262,000
Revenues										1,475,000	1,847,000
(Recovery of) Provision for Credit Losses										0
Operating Costs and Expenses										2,448,000	2,262,000
As Previously Reported [Member] | Hospitality and Entertainment Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Operating Property Direct Expenses (exclusive of Interest and Depreciation)										0
Interest Expense										0
Depreciation and Amortization										0
Total Operating Expenses										3,082,000
Operating Costs and Expenses										3,082,000
As Previously Reported [Member] | Corporate and Other [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Expenses for Non-Operating Real Estate Owned											0
Professional Fees										0	0
General and Administrative Expenses										0	0
Interest Expense										0	0
Depreciation and Amortization										0	0
Total Operating Expenses										21,797,000	21,263,000
Revenues										113,000	559,000
(Gain)/Loss on Disposal of Legacy Assets										0	0
Settlement and Related Costs										0	0
Operating Costs and Expenses										21,797,000	21,263,000
Restatement Adjustment [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Rental Income										(1,475,000)	(1,847,000)
Hospitality and Entertainment Income										(1,986,000)
Operating Property Revenue										3,485,000	1,912,000
Mortgage Loan Income, net											(53,000)
Investment and Other Income										1,000	53,000
Operating Property Direct Expenses (exclusive of Interest and Depreciation)										4,194,000	2,579,000
Property Taxes for REO										(1,900,000)	(2,159,000)
Other Operating Expenses for Real Estate Owned										(5,267,000)	(2,533,000)
Expenses for Non-Operating Real Estate Owned										3,206,000	3,618,000
Professional Fees										634,000	(1,038,000)
Default and Enforcement Related Expenses										(1,317,000)	(767,000)
General and Administrative Expenses										476,000	1,076,000
Interest Expense										(1,000)	1,000
Organizational and Offering Costs											(509,000)
Restructure Charge											(204,000)
Depreciation and Amortization											1,000
Total Operating Expenses										1,015,000	266,000
Total Provision and Impairment Charges										2,121,000	(2,529,000)
Total (Recovery) Provision, Impairment Charges and (Gain) Loss on Disposal of Legacy Assets										(3,111,000)	2,328,000
Restatement Adjustment [Member] | Mortgage and REO - Legacy Portfolio and Other Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Total Operating Expenses										(4,848,000)	(6,329,000)
Revenues										0	0
Operating Costs and Expenses										(4,848,000)	(6,329,000)
Restatement Adjustment [Member] | Commercial Real Estate Leasing Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Total Operating Expenses										414,000	2,601,000
Revenues										0	0
Operating Costs and Expenses										414,000	2,601,000
Restatement Adjustment [Member] | Hospitality and Entertainment Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Total Operating Expenses										9,000
Operating Costs and Expenses										9,000
Restatement Adjustment [Member] | Corporate and Other [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Total Operating Expenses										4,450,000	3,793,000
Revenues										0	0
Operating Costs and Expenses										4,450,000	3,793,000
Reclassification Adjustment [Member] | Mortgage and REO - Legacy Portfolio and Other Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Expenses for Non-Operating Real Estate Owned										3,206,000	3,592,000
Professional Fees										2,368,000	957,000
General and Administrative Expenses										34,000	55,000
Interest Expense										2,247,000	2,143,000
Total Operating Expenses										(4,756,000)	(9,074,000)
Revenues										25,000	287,000
(Gain)/Loss on Disposal of Legacy Assets										(982,000)	(202,000)
(Recovery of) Provision for Credit Losses										(2,117,000)	1,000,000
Impairment of Real Estate Owned											1,529,000
Operating Costs and Expenses										0	0
Reclassification Adjustment [Member] | Commercial Real Estate Leasing Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Operating Property Direct Expenses (exclusive of Interest and Depreciation)										1,532,000	2,579,000
Interest Expense										12,000	964,000
Depreciation and Amortization										1,323,000	1,320,000
Total Operating Expenses										(2,862,000)	(4,863,000)
Revenues										(47,000)	204,000
(Recovery of) Provision for Credit Losses										(5,000)
Operating Costs and Expenses										0	0
Reclassification Adjustment [Member] | Hospitality and Entertainment Operations [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Operating Property Direct Expenses (exclusive of Interest and Depreciation)										2,662,000
Interest Expense										93,000
Depreciation and Amortization										336,000
Total Operating Expenses										(3,091,000)
Operating Costs and Expenses										0
Reclassification Adjustment [Member] | Corporate and Other [Member]
Schedule of Significant Accounting Policies, General [Line Items]
Expenses for Non-Operating Real Estate Owned											26,000
Professional Fees										3,573,000	5,206,000
General and Administrative Expenses										6,363,000	11,253,000
Interest Expense										12,863,000	6,736,000
Depreciation and Amortization										892,000	477,000
Total Operating Expenses										(26,247,000)	(25,056,000)
Revenues										47,000	(426,000)
(Gain)/Loss on Disposal of Legacy Assets										(7,000)	1,000
Settlement and Related Costs										2,563,000	1,357,000
Operating Costs and Expenses										$ 0	$ 0