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SERVICER ADVANCE INVESTMENTS - Summary of Investments in Servicer Advances (Details) - Servicer Advance Joint Venture - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Investments in and Advances to Affiliates [Line Items]          
Amortized Cost Basis $ 3,955,375   $ 3,955,375   $ 5,687,635
Carrying Value $ 4,044,802   $ 4,044,802   $ 5,706,593
Weighted Average Discount Rate 6.80%   6.80%   5.60%
Weighted Average Yield 7.20%   7.20%   5.50%
Weighted Average Life (Years)     5 years 1 month 17 days   4 years 7 months 1 day
Asset-backed securities, face amount, collateralized by servicer advances         $ 100,000
Asset-backed securities, carrying value, collateralized by servicer advances         $ 100,100
Changes in Fair Value Recorded in Other Income $ 10,941 $ 21,606 $ 70,469 $ 4,328