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LOANS RECEIVABLE AND OTHER INVESTMENTS - Loans Receivable and Other Investments (Details)
$ in Thousands
Dec. 31, 2017
USD ($)
Investment
Dec. 31, 2016
USD ($)
Loans Receivable:    
Quantity | Investment 22  
Principal Balance $ 91,280  
Book Value $ 66,004 $ 53,596
Weighted Average Contractual Interest Rate / Rate of Return 9.40%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 11.60%  
Loan loss reserve $ (97) (2,750)
Loans Receivable, Net Amount $ 65,907 50,846
Preferred Equity    
Quantity | Investment 12  
Principal Balance $ 48,035 44,882
Book Value $ 48,483 45,190
Weighted Average Contractual Interest Rate / Rate of Return 12.60%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 12.60%  
Total Quantity | Investment 34  
Total Principal Balance $ 139,315  
Total Book Value $ 114,390 96,036
Total Weighted Average Contractual Interest Rate / Rate of Return 10.50%  
Total Weighted Average Annualized Effective Interest Rate / Rate of Return 12.00%  
Mortgage    
Loans Receivable:    
Quantity | Investment 2  
Principal Balance $ 13,366  
Book Value $ 12,351 38,262
Weighted Average Contractual Interest Rate / Rate of Return 9.90%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 11.30%  
Construction    
Loans Receivable:    
Quantity | Investment 2  
Principal Balance $ 2,667  
Book Value $ 2,733 842
Weighted Average Contractual Interest Rate / Rate of Return 8.00%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 7.70%  
Mezzanine    
Loans Receivable:    
Quantity | Investment 2  
Principal Balance $ 32,468  
Book Value $ 10,239 9,656
Weighted Average Contractual Interest Rate / Rate of Return 10.20%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 19.20%  
Pre-development    
Loans Receivable:    
Quantity | Investment 1  
Principal Balance $ 2,357  
Book Value $ 2,357 4,023
Weighted Average Contractual Interest Rate / Rate of Return 9.00%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 8.40%  
Other    
Loans Receivable:    
Quantity | Investment 15  
Principal Balance $ 40,422  
Book Value $ 38,324 0
Weighted Average Contractual Interest Rate / Rate of Return 8.80%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 10.10%  
Debtor-in-possession    
Loans Receivable:    
Quantity | Investment 0  
Principal Balance $ 0  
Book Value $ 0 $ 813