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SEGMENT INFORMATION (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended 18 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
Dec. 31, 2011
Balance Sheet Items                        
Total Assets $ 237,401       $ 221,014       $ 237,401 $ 221,014    
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations 118,055       75,818       118,055 75,818    
Operating Liabilities 13,474       13,121       13,474 13,121    
Revenues [Abstract]                        
Operating Property Revenue                 17,140 3,485 1,912  
Investment and Other Income                 5,403 195 612  
Mortgage Loan Income, net                 783 1,084 1,274  
Total Revenue 9,646 6,727 5,097 1,856 1,118 1,058 1,306 1,282 23,326 4,764 3,798  
Operating Property Direct Expenses (excluding interest and depreciation):                        
Payroll related expenses                 4,971 80 51  
Cost of sales                 2,125 483 0  
Property Taxes                 554 457 328  
Management Fees                 1,445 1,200 85  
Other costs                 5,311 1,974 2,115  
Operating Property Direct Expenses (excluding interest and depreciation)                 14,406 4,194 2,579  
Expenses for Non-Operating Real Estate Owned:                        
Property Taxes                 1,051 1,442 1,831  
Other costs                 1,094 1,764 1,787  
Expenses for Non-Operating Real Estate Owned                 2,145 3,206 3,618  
Professional Fees:                        
Financial Reporting - Audit, Legal and Tax                 792 700 888  
Other Legal                 3,417 1,545 1,459  
Asset Management                 1,503 1,500 1,430  
Other costs                 1,548 2,196 2,386  
Professional Fees                 7,260 5,941 6,163  
General and Administrative Expenses                        
Payroll related expenses                 3,574 3,234 5,066  
Insurance expense                 1,265 1,243 1,145  
Rent                 210 416 822 800
Other general and administrative costs                 697 1,504 4,275  
General and Administrative Expense                 5,746 6,397 11,308  
Other Expenses:                        
Interest Expense                 19,176 15,215 9,843  
Depreciation and Amortization                 3,055 2,551 1,797  
(Gain)/Loss on Disposal of Legacy Assets (477) (252) (711) 10 (398) (368) (146) (77) (1,430) (989) (201)  
Settlement and Related Costs                 6,109 2,563 1,357  
(Recovery of) Provision for Credit Losses 211 (679) (4,965) (2,606) (192) (1,030) (900) 0 (8,039) (2,122) 1,000  
Impairment of Real Estate Owned 1,103 0 0 0         1,103 0 1,529  
Other Expenses                 19,974 17,218 15,325  
Total Expenses                 49,531 36,956 38,993  
NET LOSS (10,730) (8,185) (2,348) (4,942) (9,968) (8,186) (6,146) (7,892) (26,205) (32,192) (35,195)  
Mortgage and REO - Legacy Portfolio and Other Operations [Member]
                       
Balance Sheet Items                        
Total Assets 112,073       171,009       112,073 171,009    
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations 16,764               16,764      
Operating Liabilities 4,434       5,229       4,434 5,229    
Revenues [Abstract]                        
Operating Property Revenue                 1 85 98  
Investment and Other Income                 5,388 20 242  
Mortgage Loan Income, net                 783 1,085 1,274  
Total Revenue                 6,172 1,190 1,614  
Operating Property Direct Expenses (excluding interest and depreciation):                        
Payroll related expenses                 0 0 0  
Cost of sales                 0 0 0  
Property Taxes                 0 0 0  
Management Fees                 0 0 0  
Other costs                 0 0 0  
Operating Property Direct Expenses (excluding interest and depreciation)                 0 0 0  
Expenses for Non-Operating Real Estate Owned:                        
Property Taxes                 1,051 1,444 1,830  
Other costs                 1,086 1,762 1,762  
Expenses for Non-Operating Real Estate Owned                 2,137 3,206 3,592  
Professional Fees:                        
Financial Reporting - Audit, Legal and Tax                 23 40 27  
Other Legal                 3,401 1,988 645  
Asset Management                 3 0 0  
Other costs                 324 340 285  
Professional Fees                 3,751 2,368 957  
General and Administrative Expenses                        
Payroll related expenses                 0 0 0  
Insurance expense                 6 0 16  
Rent                 0 0 0  
Other general and administrative costs                 27 34 39  
General and Administrative Expense                 33 34 55  
Other Expenses:                        
Interest Expense                 1,766 2,247 2,143  
Depreciation and Amortization                 0 0 0  
(Gain)/Loss on Disposal of Legacy Assets                 (1,460) (982) (202)  
Settlement and Related Costs                 9 0 0  
(Recovery of) Provision for Credit Losses                 (8,028) (2,117) 1,000  
Impairment of Real Estate Owned                 1,103 0 1,529  
Other Expenses                 (6,610) (852) 4,470  
Total Expenses                 (689) 4,756 9,074  
NET LOSS                 6,861 (3,566) (7,460)  
Commercial Real Estate Leasing Operations [Member]
                       
Balance Sheet Items                        
Total Assets 21,202       21,485       21,202 21,485    
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations 10,000               10,000      
Operating Liabilities 743       569       743 569    
Revenues [Abstract]                        
Operating Property Revenue                 1,474 1,415 1,814  
Investment and Other Income                 2 13 237  
Mortgage Loan Income, net                 0 0 0  
Total Revenue                 1,476 1,428 2,051  
Operating Property Direct Expenses (excluding interest and depreciation):                        
Payroll related expenses                 54 80 51  
Cost of sales                 0 0 0  
Property Taxes                 335 326 328  
Management Fees                 36 48 85  
Other costs                 989 1,078 2,115  
Operating Property Direct Expenses (excluding interest and depreciation)                 1,414 1,532 2,579  
Expenses for Non-Operating Real Estate Owned:                        
Property Taxes                 0 0 0  
Other costs                 0 0 0  
Expenses for Non-Operating Real Estate Owned                 0 0 0  
Professional Fees:                        
Financial Reporting - Audit, Legal and Tax                 0 0 0  
Other Legal                 0 0 0  
Asset Management                 0 0 0  
Other costs                 0 0 0  
Professional Fees                 0 0 0  
General and Administrative Expenses                        
Payroll related expenses                 0 0 0  
Insurance expense                 0 0 0  
Rent                 0 0 0  
Other general and administrative costs                 0 0 0  
General and Administrative Expense                 0 0 0  
Other Expenses:                        
Interest Expense                 1,801 12 964  
Depreciation and Amortization                 1,337 1,323 1,320  
(Gain)/Loss on Disposal of Legacy Assets                 0 0 0  
Settlement and Related Costs                 0 0 0  
(Recovery of) Provision for Credit Losses                 (11) (5) 0  
Impairment of Real Estate Owned                 0 0 0  
Other Expenses                 3,127 1,330 2,284  
Total Expenses                 4,541 2,862 4,863  
NET LOSS                 (3,065) (1,434) (2,812)  
Hospitality and Entertainment Operations [Member]
                       
Balance Sheet Items                        
Total Assets 87,061       2,673       87,061 2,673    
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations 25,845               25,845      
Operating Liabilities 2,712       993       2,712 993    
Revenues [Abstract]                        
Operating Property Revenue                 15,665 1,985 0  
Investment and Other Income                 4 1 0  
Mortgage Loan Income, net                 0 0 0  
Total Revenue                 15,669 1,986 0  
Operating Property Direct Expenses (excluding interest and depreciation):                        
Payroll related expenses                 4,917 0 0  
Cost of sales                 2,125 483 0  
Property Taxes                 219 131 0  
Management Fees                 1,409 1,152 0  
Other costs                 4,322 896 0  
Operating Property Direct Expenses (excluding interest and depreciation)                 12,992 2,662 0  
Expenses for Non-Operating Real Estate Owned:                        
Property Taxes                 0 0 0  
Other costs                 0 0 0  
Expenses for Non-Operating Real Estate Owned                 0 0 0  
Professional Fees:                        
Financial Reporting - Audit, Legal and Tax                 0 0 0  
Other Legal                 0 0 0  
Asset Management                 0 0 0  
Other costs                 0 0 0  
Professional Fees                 0 0 0  
General and Administrative Expenses                        
Payroll related expenses                 0 0 0  
Insurance expense                 0 0 0  
Rent                 0 0 0  
Other general and administrative costs                 0 0 0  
General and Administrative Expense                 0 0 0  
Other Expenses:                        
Interest Expense                 2,124 93 0  
Depreciation and Amortization                 1,512 336 0  
(Gain)/Loss on Disposal of Legacy Assets                 0 0 0  
Settlement and Related Costs                 0 0 0  
(Recovery of) Provision for Credit Losses                 0 0 0  
Impairment of Real Estate Owned                 0 0 0  
Other Expenses                 3,636 429 0  
Total Expenses                 16,628 3,091 0  
NET LOSS                 (959) (1,105) 0  
Corporate and Other [Member]
                       
Balance Sheet Items                        
Total Assets 17,065       25,847       17,065 25,847    
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations 65,446               65,446      
Operating Liabilities 5,585       6,330       5,585 6,330    
Revenues [Abstract]                        
Operating Property Revenue                 0 0 0  
Investment and Other Income                 9 161 133  
Mortgage Loan Income, net                 0 (1) 0  
Total Revenue                 9 160 133  
Operating Property Direct Expenses (excluding interest and depreciation):                        
Payroll related expenses                 0 0 0  
Cost of sales                 0 0 0  
Property Taxes                 0 0 0  
Management Fees                 0 0 0  
Other costs                 0 0 0  
Operating Property Direct Expenses (excluding interest and depreciation)                 0 0 0  
Expenses for Non-Operating Real Estate Owned:                        
Property Taxes                 0 (2) 1  
Other costs                 8 2 25  
Expenses for Non-Operating Real Estate Owned                 8 0 26  
Professional Fees:                        
Financial Reporting - Audit, Legal and Tax                 769 660 861  
Other Legal                 16 (443) 814  
Asset Management                 1,500 1,500 1,430  
Other costs                 1,224 1,856 2,101  
Professional Fees                 3,509 3,573 5,206  
General and Administrative Expenses                        
Payroll related expenses                 3,574 3,234 5,066  
Insurance expense                 1,259 1,243 1,129  
Rent                 210 416 822  
Other general and administrative costs                 670 1,470 4,236  
General and Administrative Expense                 5,713 6,363 11,253  
Other Expenses:                        
Interest Expense                 13,485 12,863 6,736  
Depreciation and Amortization                 206 892 477  
(Gain)/Loss on Disposal of Legacy Assets                 30 (7) 1  
Settlement and Related Costs                 6,100 2,563 1,357  
(Recovery of) Provision for Credit Losses                 0 0 0  
Impairment of Real Estate Owned                 0 0 0  
Other Expenses                 19,821 16,311 8,571  
Total Expenses                 29,051 26,247 25,056  
NET LOSS                 (29,042) (26,087) (24,923)  
As Restated [Member] | Mortgage and REO - Legacy Portfolio and Other Operations [Member]
                       
Balance Sheet Items                        
Total Assets         171,009         171,009    
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations         14,559         14,559    
Operating Liabilities         5,229         5,229    
As Restated [Member] | Commercial Real Estate Leasing Operations [Member]
                       
Balance Sheet Items                        
Total Assets         21,485         21,485    
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations         850         850    
Operating Liabilities         569         569    
As Restated [Member] | Hospitality and Entertainment Operations [Member]
                       
Balance Sheet Items                        
Total Assets         2,673         2,673    
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations         0         0    
Operating Liabilities         993         993    
As Restated [Member] | Corporate and Other [Member]
                       
Balance Sheet Items                        
Total Assets         25,847         25,847    
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations         60,409         60,409    
Operating Liabilities         $ 6,330         $ 6,330