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BUSINESS, BASIS OF PRESENTATION AND LIQUIDITY (Details Textual) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Business, Basis of Presentation and Liquidity [Line Items]      
Accumulated Deficit $ 676,754 $ 678,778  
Proceeds from sale of hotels 42,100    
Cash and Cash Equivalents 48,235 9,702 $ 3,943
Real Estate Acquired through Foreclosure 37,597 122,072  
Held For Sale [Member]      
Business, Basis of Presentation and Liquidity [Line Items]      
Real Estate Acquired through Foreclosure $ 17,903 $ 17,837