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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Gain (Loss) on Settlement of Investments, Net (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Accounting Policies [Abstract]      
Gain (loss) on sale of real estate securities, net $ 13,096 $ 65,701 $ 52,657
Gain (loss) on sale of residential mortgage loans, net 33,335 0 0
Gain (loss) on settlement of derivatives (44,563) (36,210) 0
Gain (loss) on liquidated residential mortgage loans (360) 3,645 0
Gain (loss) on sale of REO (10,742) (3,686) 0
Other gains (losses) (7,973) 6,037 0
Gain on settlement of investments $ (17,207) $ 35,487 $ 52,657