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BUSINESS, BASIS OF PRESENTATION AND LIQUIDITY (Details Textual)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended 68 Months Ended
May 31, 2018
USD ($)
$ / shares
shares
Feb. 09, 2018
USD ($)
$ / shares
shares
Oct. 02, 2017
USD ($)
Mar. 31, 2019
USD ($)
Nov. 30, 2017
USD ($)
Apr. 01, 2019
USD ($)
Dec. 31, 2017
USD ($)
hotel_room
Dec. 31, 2018
USD ($)
asset
Dec. 31, 2017
USD ($)
Dec. 31, 2008
USD ($)
Oct. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2014
USD ($)
shares
Jun. 18, 2010
Business, Basis of Presentation and Liquidity [Line Items]                            
Amount of Fund equity capital raised                   $ 875,000        
Percentage of membership units of Fund which approved the Fund to be internally managed                           89.00%
Accumulated deficit             $ 679,535 $ 692,876 $ 679,535          
Proceeds from sale of REO               8,692 104,856          
Cash and cash equivalents             11,789 25,452 11,789          
REO assets acquired through foreclosure             64,641 $ 75,011 64,641     $ 122,072    
Operating Properties [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Number of REO assets sold | asset               3            
Proceeds from sale of REO               $ 8,700            
REO assets acquired through foreclosure             20,484 33,866 20,484     88,734    
Held For Sale [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
REO assets acquired through foreclosure             5,853 7,418 5,853     17,837    
Other Real Estate Owned [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Proceeds from sale of REO                 104,900          
REO assets acquired through foreclosure             $ 38,304 33,727 38,304     $ 15,501    
MacArthur Loan [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Proceeds from issuance of debt     $ 32,300         $ 1,100 200          
Exchange Offering Notes [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Debt amount                         $ 10,200  
Hotel [Member] | MacArthur Loan [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Debt amount                     $ 32,300      
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                      
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                      
Preferred Interests [Member] | L’Auberge Fund Manager, LLC [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Preferred distribution rate               7.00%            
Proceeds from private offering         $ 25,000     $ 15,000            
Private offering acquired                 17,800          
Subsequent Event [Member] | Hotel [Member] | MacArthur Loan [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Debt amount       $ 37,000                    
Subsequent Event [Member] | Hotel [Member] | MacArthur Place [Member] | MacArthur Loan [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Required minimum liquidity       37,000                    
Reserve accounts       $ 2,000                    
Subsequent Event [Member] | Preferred Interests [Member] | L’Auberge Fund Manager, LLC [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Proceeds from private offering           $ 21,000                
JPMorgan Chase Funding Inc. [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Warrant, authorized issuance | shares   600,000                        
Warrant, period   2 years                        
Warrant, exercise price per share (in USD per share) | $ / shares   $ 2.25                        
Series B-3 Cumulative Convertible Preferred Stock [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Preferred distribution rate   5.65%           5.65%            
Preferred stock redemption price               145.00%            
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 A Preferred Stock [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Preferred distribution rate               7.50%            
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                          
Redeemable convertible preferred stock, par value (in dollars per share) | $ / shares $ 0.01                          
Price of stock issued (in usd per share) | $ / shares $ 1,000                          
Preferred stock, purchase price, value $ 22,000                          
Preferred distribution rate 7.50%                          
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]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Preferred stock redemption price               150.00%            
Accrued and unpaid dividends, percentage               160.00%            
Series B Preferred Stock [Member] | JPMorgan Chase Funding Inc. [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Price of stock issued (in usd per share) | $ / shares   $ 3.40                        
Preferred stock, purchase price, value   $ 8,000                        
Series B-1 and B-2 Cumulative Convertible Preferred Stock [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Redeemable convertible preferred stock, shares issued | shares                         8,200,000  
Preferred distribution rate               8.00%            
Preferred stock redemption price               150.00%            
Preferred stock, redemption amount             $ 11,600 $ 39,600 $ 11,600          
Series B-1 and B-2 Cumulative Convertible Preferred Stock [Member] | Subsequent Event [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Preferred stock redemption price       160.00%                    
Commitment to Fund Equity [Member] | Hotel [Member] | MacArthur Loan [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Commitment to provide funds                     $ 17,400      
Commitment to Fund Equity [Member] | Subsequent Event [Member] | Hotel [Member] | MacArthur Loan [Member]                            
Business, Basis of Presentation and Liquidity [Line Items]                            
Commitment to provide funds       $ 27,700