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INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Summary of Activities Related to the Carrying Value of Reverse Mortgage Loans and Performing Loans and PCD Loans Held-for-Investment (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Transfer of loans to real estate owned $ (35,322)  
Reverse Mortgage Loans [Member]    
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Balance, beginning 24,965 $ 33,539
Purchases/additional fundings 988 0
Proceeds from repayments (687) (2,810)
Accretion of loan discount and other amortization [1] 5,904 6,501
Provision for loan losses (35) (1,111)
Transfer of loans to other assets (11,574) (10,261)
Transfer of loans to real estate owned (1) (947)
Transfer of loans to held-for-sale   0
Reversal of valuation provision on loans transferred to other assets   54
Balance, ending 19,560 24,965
Performing Loans [Member]    
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Balance, beginning 22,873 0
Purchases/additional fundings 0 134,818
Proceeds from repayments (2,918) (10,381)
Accretion of loan discount and other amortization [1] 52 2,994
Provision for loan losses (43) (651)
Transfer of loans to other assets 0 0
Transfer of loans to real estate owned 0 0
Transfer of loans to held-for-sale   (103,907)
Reversal of valuation provision on loans transferred to other assets   0
Balance, ending 19,964 22,873
PCD Loans [Member]    
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Balance, beginning 0 0
Purchases/additional fundings 289,664 749,739
Sales 0 0
Proceeds from repayments 0 (20,431)
Accretion of loan discount and other amortization 990 30,361
Transfer of loans to real estate owned 0 (21,842)
Transfer of loans to held-for-sale   (737,827)
Balance, ending $ 290,654 $ 0
[1] Includes accelerated accretion of discount on loans paid in full and on loans transferred to other assets.