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MORTGAGE INVESTMENTS, LOAN PARTICIPATIONS AND LOAN SALES (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Movement in Mortgage Loans On Real Estate Principal Amount [Roll Forward]    
Principal Outstanding, Beginning Balances $ 124,048 $ 245,190
Principal Outstanding, Additions:    
Principal Outstanding, Principal fundings - cash 738 1,483
Principal Outstanding, Principal fundings - asset sale financing 1,085 5,450
Principal Outstanding, Reductions:    
Principal Outstanding, Principal repayments (8,617) (12,545)
Principal Outstanding, Foreclosures/transfers to Real Estate Owned (87,032) (115,319)
Principal Outstanding, Write-off of uncollectible mortgage loans   (211)
Principal Outstanding, Ending Balances 30,222 124,048
Movement in Mortgage Loans On Real Estate Interest Receivable [Roll Forward]    
Interest Receivable, Beginning Balances 849 4,683
Additions, Interest Receivable:    
Revenue Recognized in excess of cash received, Interest Receivable 734 232
Reductions, Interest Receivable:    
Principal repayments, Interest Receivable (1,056) (840)
Foreclosures/transfers to Real Estate Owned, Interest Receivable   (3,226)
Interest Receivable, Ending Balances 527 849
Movement in Allowance for Loan and Lease Losses, Real Estate [Roll Forward]    
Valuation Allowance, Begining Balances (51,600) (141,687)
Valuation Allowance, Reductions:    
Valuation Allowance, Principal Repayments   983
Valuation Allowance, Recovery of allowance for credit losses 6,700 275
Valuation Allowance, Valuation adjustment (215) (23)
Valuation Allowance, Foreclosures/transfers to Real Estate Owned 26,907 88,630
Valuation Allowance, Write-off of uncollectible mortgage loans   222
Valuation Allowance, Ending Balances (18,208) (51,600)
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Mortgage Loans, Beginning Balances, Carrying Value 73,297 108,186
Net Carrying Value, Additions :    
Principal fundings - cash, Carrying Value 738 1,483
Principal fundings - asset sale financing, Carrying Value 1,085 5,450
Revenue Recognized in excess of cash received, Carrying Value 734 232
Net Carrying Value, Reductions :    
Principal repayments, Carrying Value (9,673) (12,402)
Recovery of allowance for credit losses, Carrying Value 6,700 275
Valuation adjustment, Carrying Value (215) (23)
Foreclosures/transfers to Real Estate Owned, Carrying Value (60,125) (29,915)
Carrying Value, Write-off of uncollectible mortgage loans   11
Mortgage Loans, Ending Balances, Carrying Value $ 12,541 $ 73,297