INCOME TAXES (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Income Tax Disclosure [Line Items]
Net income (loss)	$ (16,947,614)	$ (5,130,327)
Capitalized transaction fees	(41,000)		$ (41,000)
Unrealized gain (loss)	1,059,000		2,041,000
Tax income of taxable subsidiary before utilization of net operating losses	(50,000)		624,000
Utilizations of net operating losses	50,000		(624,000)
Net tax income of taxable subsidiaries	0		0
REIT Operation [Member]
Income Tax Disclosure [Line Items]
Net income (loss)	15,880,000		(1,826,000)
Five Oaks Investment Corp [Member]
Income Tax Disclosure [Line Items]
Net income (loss)	(16,948,000)		450,000
Subsidiaries [Member]
Income Tax Disclosure [Line Items]
Net income (loss)	$ (1,068,000)		$ (1,376,000)