OPERATING PROPERTIES AND REAL ESTATE HELD FOR DEVELOPMENT OR SALE (Details Textual) (USD $)	3 Months Ended		9 Months Ended					0 Months Ended	3 Months Ended	5 Months Ended		3 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013 Defaulted Notes Payable [Member]	Sep. 30, 2013 CFD Obligation [Member]	May 14, 2013 Sedona Agreement [Member] properties	Sep. 30, 2013 Sedona Agreement [Member]	Sep. 30, 2013 Sedona Agreement [Member]	Dec. 31, 2012 Sedona Agreement [Member]	Sep. 30, 2012 Sedona Agreement [Member] Pro Forma [Member]	Sep. 30, 2013 Sedona Agreement [Member] Pro Forma [Member]	Sep. 30, 2012 Sedona Agreement [Member] Pro Forma [Member]	May 14, 2013 Sedona Agreement [Member] Mortgage Note Payable [Member]	May 14, 2013 Sedona Agreement [Member] Capital Lease Obligations [Member]	May 14, 2013 Sedona Agreement [Member] Accounts Payable and Accrued Liabilites [Member]	May 14, 2013 Sedona Agreement [Member] Property, Plant and Equipment, Other Types [Member]	May 14, 2013 Sedona Agreement [Member] First Mortgage [Member]	Sep. 30, 2013 Operating Properties [Member]	Dec. 31, 2012 Operating Properties [Member]	Sep. 30, 2013 Operating Properties [Member] Property Plant and Equipment [Member]	Sep. 30, 2013 Held For Development [Member]	Dec. 31, 2012 Held For Development [Member]	Sep. 30, 2013 Held For Development [Member] Defaulted Notes Payable [Member]	Sep. 30, 2013 Held For Sale [Member]	Dec. 31, 2012 Held For Sale [Member]	Sep. 30, 2013 Held For Sale [Member] CFD Obligation [Member]
Mortgage Loans on Real Estate [Line Items]
Real estate acquired through foreclosure	$ 203,733,000		$ 203,733,000		$ 118,971,000															$ 104,193,000	$ 21,915,000	$ 60,200,000	$ 47,765,000	$ 43,006,000		$ 51,775,000	$ 54,050,000
Real estate accumulated depreciation																						6,700,000
Mortgage loans on real estate, carrying amount of mortgages											60,200,000								24,700,000
Number of hotel properties acquired								2
Capital lease obligations	1,261,000		1,261,000		0			1,300,000
Number of residential real estate properties acquired								28
Assets (liabilities) acquired through foreclosure															24,700,000	1,300,000	3,400,000	91,400,000
Hospitality and entertainment income	5,266,000		9,860,000						4,900,000	7,900,000
Real estate and real estate acquired in settlement of loans	300,000
Asset and liability acquisition through foreclosure, pro forma revenue												5,877,000	20,805,000	18,153,000
Net loss	(8,184,000)	(8,182,000)	(15,471,000)	(22,225,000)					200,000	100,000		(8,613,000)	(15,876,000)	(22,943,000)
Interest expense	5,224,000		13,913,000							1,200,000
Proceeds from sale of foreclosed assets			7,600,000	17,000,000
Mortgage loans on real estate, face amount of mortgages	1,100,000	5,500,000	1,100,000	5,500,000
Gain (loss) on disposal of foreclosed real estate owned			1,000,000	600,000
Gains (losses) on sales of other real estate				100,000
Deferred gain on sale of property		200,000		200,000
Debt instrument, debt default, amount						5,200,000	3,700,000
Debt instrument, debt default, collateral amount																									$ 4,800,000			$ 4,900,000