DERIVATIVES - Schedule of Derivatives - Notional Amount (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
Non-Performing Loans [Member]
Derivative [Line Items]
Derivative asset, notional amount	$ 2,931	[1]	$ 164,598	[1]
Real Estate Securities [Member]
Derivative [Line Items]
Derivative asset, notional amount	186,694	[2]	10,000	[2]
TBAs, Short Position [Member]
Derivative [Line Items]
Derivative asset, notional amount	1,234,000	[3]	0	[3]
Interest Rate Cap [Member]
Derivative [Line Items]
Derivative asset, notional amount	210,000	[4]	0	[4]
Interest Rate Swap [Member]
Derivative [Line Items]
Derivative asset, notional amount	$ 1,107,000	[5]	$ 0	[5]

[1] Represents the UPB of the underlying loans of the non-performing loan pools within linked transactions.

[2] Represents the face amount of the real estate securities within linked transactions.

[3] Represents the notional amount of Agency RMBS, classified as derivatives.

[4] Caps LIBOR at 3.0%.

[5] Receive LIBOR and pay a fixed rate.