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BUSINESS, BASIS OF PRESENTATION AND LIQUIDITY (Details Textual)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
May 31, 2018
USD ($)
$ / shares
shares
Feb. 09, 2018
USD ($)
$ / shares
shares
Oct. 02, 2017
USD ($)
hotel_room
Oct. 31, 2017
USD ($)
Sep. 30, 2018
USD ($)
Sep. 30, 2018
USD ($)
Dec. 31, 2017
USD ($)
Mar. 31, 2018
USD ($)
Business, Basis of Presentation and Liquidity [Line Items]                
Accumulated Deficit         $ 686,933 $ 686,933 $ 679,535  
Cash and cash equivalents         36,196 36,196 11,789  
REO property         67,500 67,500 64,641  
Increase in noncontrolling interest due to contributions           9,815    
Held For Sale [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
REO property         7,998 7,998 5,853  
Other Real Estate Owned [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
REO property         33,707 33,707 38,304  
MacArthur Loan [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Proceeds from issuance of debt       $ 32,300 300 800    
Hotel [Member] | MacArthur Place [Member] | MacArthur Loan [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Number of Hotel Rooms | hotel_room     64          
Proceeds from issuance of debt       19,400        
Cash payment     $ 17,400          
Debt Instrument, Repayment Guaranty     50.00%          
Required minimum net worth     $ 50,000          
Required minimum liquidity     $ 5,000          
Hotel Improvements [Member] | MacArthur Place [Member] | MacArthur Loan [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Proceeds from issuance of debt       $ 10,000        
L’Auberge Fund Manager, LLC [Member] | Preferred Interests [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Proceeds from private offering           10,500 $ 25,000  
Common interest held         14,100 14,100    
Preferred interest held         $ 1,200 $ 1,200    
Ownership percentage by fund manager             10.00%  
JPMorgan Chase Funding Inc. [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares   600,000            
Class of Warrant or Right, Period   2 years            
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares   $ 2.25            
Series B-3 Cumulative Convertible Preferred Stock [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Preferred distribution rate   5.65%            
Series B-3 Cumulative Convertible Preferred Stock [Member] | JPMorgan Chase Funding Inc. [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Redeemable Convertible Preferred Stock, shares issued | shares   2,352,941            
Series B-1 Cumulative Convertible Preferred Stock [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Redeemable Convertible Preferred Stock, par value (in dollars per share) | $ / shares   $ 0.01            
Series B Preferred Stock [Member] | JPMorgan Chase Funding Inc. [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Sale of Stock, Price Per Share | $ / shares   $ 3.40            
Preferred Stock, Value, Subscriptions   $ 8,000            
Series A Preferred Stock [Member] | JPMorgan Chase Funding Inc. [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Redeemable Convertible Preferred Stock, shares issued | shares 22,000              
Sale of Stock, Price Per Share | $ / shares $ 1,000.00              
Preferred Stock, Value, Subscriptions $ 22,000              
Preferred distribution rate 7.50%              
Unsecured Debt [Member] | Legal Settlement [Member]                
Business, Basis of Presentation and Liquidity [Line Items]                
Face Amount               $ 10,200