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OPERATING PROPERTIES, REAL ESTATE HELD FOR SALE AND OTHER REAL ESTATE OWNED (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2019
USD ($)
Property
Jun. 30, 2018
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
May 29, 2019
USD ($)
Dec. 31, 2018
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]            
REO assets acquired through foreclosure $ 104,800,000   $ 104,800,000     $ 75,000,000
Assets 157,038,000   157,038,000     143,639,000
Liabilities 65,614,000   65,614,000     47,066,000
Operating lease right of use assets 1,440,000   1,440,000      
Operating lease liabilities in accounts payable and other accrued expenses 1,548,000 $ 0 1,548,000 $ 0    
Gain on disposal of assets 20,000 142,000 20,000 395,000    
Proceeds from sale of REO     39,000 526,000    
Real estate operating costs and expenses $ 3,700,000 2,300,000 6,200,000 4,700,000    
Cash outlays for capitalized development costs     9,804,000 3,157,000    
Broadway Tower            
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]            
Assets         $ 26,000,000  
Liabilities         16,000,000  
Operating lease right of use assets         600,000  
Operating lease liabilities in accounts payable and other accrued expenses         $ 600,000  
Number of real estate properties sold (in properties) | Property 1          
Gain on disposal of assets $ 20,000 100,000   400,000    
Proceeds from sale of REO 39,000 $ 200,000   $ 500,000    
Held For Sale            
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]            
REO assets acquired through foreclosure 7,400,000   7,400,000     7,400,000
Operating Properties            
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]            
REO assets acquired through foreclosure 63,700,000   63,700,000     33,900,000
Other Real Estate Owned            
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]            
REO assets acquired through foreclosure $ 33,700,000   $ 33,700,000     $ 33,700,000