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MORTGAGE INVESTMENTS, LOAN PARTICIPATIONS AND LOAN SALES (Details 4) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Loan
Dec. 31, 2011
Movement in Mortgage Loans On Real Estate Principal Amount [Roll Forward]      
Principal Outstanding, Beginning Balances $ 124,048 $ 245,190  
Principal Outstanding, Reductions:      
Principal Outstanding, Principal repayments (8,617) (12,545)  
Principal Outstanding, Loans removed from default - foreclosure (87,032) (115,319)  
Principal Outstanding, Ending Balances 30,222 124,048 245,190
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, Recovery of allowance for credit losses 6,700 275  
Valuation Allowance, Loans removed from default - foreclosure 26,907 88,630  
Valuation Allowance, Ending Balances (18,208) (51,600) (141,687)
Movement in Mortgage Loans on Real Estate [Roll Forward]      
Mortgage Loans, Beginning Balances, Carrying Value 73,297 108,186  
Net Carrying Value, Additions :      
Net Carrying Value, Additional loan fundings 738 1,483 3,734
Net Carrying Value, Reductions :      
Net Carrying Value, Principal repayments (9,673) (12,402)  
Net Carrying Value, Recovery of allowance for credit losses 6,700 275  
Net Carrying Value, Loans removed from default - foreclosure (60,125) (29,915)  
Mortgage Loans, Ending Balances, Carrying Value 12,541 73,297 108,186
Number of Loans, Reductions:      
Number of Loans, Loans removed from default - foreclosure (in loans)   (9)  
Loans In Default [Member]
     
Movement in Mortgage Loans On Real Estate Principal Amount [Roll Forward]      
Principal Outstanding, Beginning Balances 119,015 237,971  
Principal Outstanding, Additions:      
Principal Outstanding, Additional loan fundings   1,406  
Principal Outstanding, Reductions:      
Principal Outstanding, Loans removed from default - due to sale   (4,832)  
Principal Outstanding, Loans removed from default - due to write-off   (211)  
Principal Outstanding, Principal repayments (7,347)    
Principal Outstanding, Loans removed from default - foreclosure (87,032) (115,319)  
Principal Outstanding, Ending Balances 24,636 119,015  
Movement in Mortgage Loans On Real Estate Interest Receivable [Roll Forward]      
Accrued Interest Receivable, Beginning Balance 401 4,806  
Accrued Interest Receivable , Additions:      
Accrued Interest Receivable, Additional loan fundings   (354)  
Accrued Interest Receivable, Reductions :      
Accrued Interest Receivable, Loans removed from default - due to sale   (825)  
Accrued Interest Receivable, Loans removed from default - foreclosure   (3,226)  
Accrued Interest Receivable, Ending Balance 401 401  
Movement in Allowance for Loan and Lease Losses, Real Estate [Roll Forward]      
Valuation Allowance, Begining Balances (51,600) (141,687)  
Valuation Allowance, Additions:      
Net Carrying Value, Allowance adjustment (215) (23)  
Valuation Allowance, Reductions:      
Valuation Allowance, Loans removed from default - due to sale   983  
Valuation Allowance, Loans removed from default - due to write-off   222  
Valuation Allowance, Recovery of allowance for credit losses 6,700 275  
Valuation Allowance, Loans removed from default - foreclosure 26,907 88,630  
Valuation Allowance, Ending Balances (18,208) (51,600)  
Movement in Mortgage Loans on Real Estate [Roll Forward]      
Mortgage Loans, Beginning Balances, Carrying Value 67,816 101,090  
Net Carrying Value, Additions :      
Net Carrying Value, Additional loan fundings   1,052  
Net Carrying Value, Allowance adjustment (215) (23)  
Net Carrying Value, Reductions :      
Net Carrying Value, Loans removed from default - due to sale   (4,674)  
Net Carrying Value, Loans removed from default - due to write-off   11  
Net Carrying Value, Principal repayments (7,347)    
Net Carrying Value, Recovery of allowance for credit losses 6,700 275  
Net Carrying Value, Loans removed from default - foreclosure (60,125) (29,915)  
Mortgage Loans, Ending Balances, Carrying Value $ 6,829 $ 67,816  
Movement in Mortgage Loans on Real Estate, Number of Loans [Roll Forward]      
Number of Loans, Beginning Balances (in loans) 7 18  
Number of Loans, Reductions:      
Number of Loans, Loans removed from default - due to sale (in loans)   (1)  
Number of Loans, Loans removed from default - due to write-off (in loans)   (1)  
Number of Loans, Loans removed from default - foreclosure (in loans) (2) (9)  
Number of Loans, Ending Balances (in loans) 5 7