CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
CASH FLOWS - OPERATING ACTIVITIES
Net Loss	$ (27,099)	$ (15,471)
Adjustments to reconcile net loss to net cash used in operating activities:
Debt Termination Charge	21,658	0
Non-cash Provision (Recovery of) Credit Losses	0	(6,975)
Stock-Based Compensation and Option Amortization	578	434
Gain on Disposal of Assets	(17,630)	(953)
Amortization of Deferred Financing Costs	881	1,607
Depreciation and Amortization Expense	2,798	2,062
Investment Discount Amortization	0	(669)
Accretion of Mortgage Income	(1,689)	0
Accretion of Discount on Notes Payable	1,425	1,521
Increase (decrease) in cash resulting from changes in:
Accrued Interest Receivable	110	275
Other Receivables	(1,997)	(356)
Other Assets	595	(111)
Accrued Property Taxes	4	350
Accounts Payable and Accrued Expenses	510	1,342
Accrued Interest Payable	2,274	3,065
Tenant Deposits and Funds Held for Others	(662)	11
Total adjustments, net	8,855	1,603
Net cash used in operating activities	(18,244)	(13,868)
CASH FLOWS - INVESTING ACTIVITIES
Proceeds from Sale/Recovery of Real Estate Owned	51,001	6,499
Purchases of Property and Equipment	(23)	(246)
Issuance of Other Notes Receivables	(2,100)	0
Mortgage Loan Fundings and Protective Advances	(27)	(473)
Mortgage Loan Repayments	5,681	8,617
Collection of Other Notes Receivables	2,100	0
Preferred Equity Investment	0	(15,000)
Investment in Real Estate Owned	(4,678)	(1,643)
Capitalized Foreclosure Acquisition Costs	0	(2,473)
Net cash provided by (used in) investing activities	51,954	(4,719)
CASH FLOWS - FINANCING ACTIVITIES
Proceeds from Issuance of Preferred Equity	18,580	0
Proceeds from Notes Payable	0	10,150
Proceeds from Convertible Notes Payable	71	0
Repayments of Convertible Debt	(28,295)	0
Debt Termination Costs	(1,802)	0
Debt Issuance Costs Paid	0	(1,073)
(Increase) Decrease in Restricted Cash	(4,243)	10,195
Repayments of Notes Payable	(19,001)	(1,251)
Purchase of Notes Payable	(1,289)	0
Repayments of Capital Leases	(41)	(45)
Dividends Paid	0	(800)
Purchase of Treasury Stock	(2,565)	0
Net cash provided by (used in) financing activities	(38,585)	17,176
NET DECREASE IN CASH AND CASH EQUIVALENTS	(4,875)	(1,411)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	7,875	3,084
CASH AND CASH EQUIVALENTS, END OF PERIOD	3,000	1,673
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	5,543	12,757
Real Estate Acquired Through Foreclosure or Deed in Lieu of Foreclosure	521	91,380
Reclassification of Convertible Debt to Notes Payable	45,000	0
Deferred Interest added to Notes Payable Principal	1,923	2,205
Seller Financing provided for Asset Sales	8,400	1,085
Accounts Payable and Accrued Liabilities Assumed in Foreclosure	0	3,382
Capital Lease Obligation Assumed in Foreclosure	0	1,279
Note Payable Assumed in Foreclosure	0	24,712
Reclassification of Paid in Capital to Fair Value of Puttable Shares Pursuant to Legal Settlement	4,871	0
Debt Assumed for Asset Acquisitions	7,875	0
Non-cash Issuance of Exchange Offering Debt	6,389	0
Assets Acquired in Satisfaction of Loan Principal	4,020	0
Assets Surrendered to Satisfy Debt Obligations	4,838	0
Notes Payable and Other Liabilities Relieved through Asset Surrender	8,119	0
Conversion of Convertible Debt to Series B Preferred Stock	(7,800)	0
Deemed Dividend on Redeemable Convertible Preferred Stock	$ 400	$ 0