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MORTGAGE LOAN RECEIVABLES (Details) (USD $)
3 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended
Mar. 31, 2014
loan
Mar. 31, 2013
Dec. 31, 2013
loan
Dec. 31, 2012
loan
Mar. 31, 2014
Mortgage loan receivables held for investment, at amortized cost
Mar. 31, 2013
Mortgage loan receivables held for investment, at amortized cost
Dec. 31, 2013
Mortgage loan receivables held for investment, at amortized cost
Mar. 31, 2014
First mortgage loan, held for investment
Dec. 31, 2013
First mortgage loan, held for investment
Mar. 31, 2014
Mezzanine loan
Dec. 31, 2013
Mezzanine loan
Mar. 31, 2014
Loan on non-accrual status
loan
Dec. 31, 2013
Loan on non-accrual status
loan
Mar. 31, 2014
Mortgage loan receivables held for sale
Mar. 31, 2013
Mortgage loan receivables held for sale
Dec. 31, 2013
Mortgage loan receivables held for sale
Mar. 31, 2014
First mortgage loan, held for sale
Dec. 31, 2013
First mortgage loan, held for sale
MORTGAGE LOAN RECEIVABLES                                    
Outstanding Face Amount $ 849,766,217   $ 990,348,577   $ 687,212,184   $ 549,573,788 $ 546,093,172 $ 420,672,555 $ 141,119,012 $ 128,901,233     $ 162,554,033   $ 440,774,789 $ 162,554,033 $ 440,774,789
Carrying Value 837,087,119   979,567,971   674,980,076   539,078,182         4,620,000 4,620,000 162,107,043   440,489,789 162,107,043 440,489,789
Carrying Value, Gross         677,630,076   541,578,182 537,577,880 413,564,066 140,052,196 128,014,116              
Weighted Average Yield (as a percent)         9.51%   9.76%             5.46%   5.47%    
Remaining Maturity         2 years 1 month 10 days   2 years 1 month 20 days             7 years 5 months 5 days   9 years 7 months 13 days    
Activity in loan portfolio                                    
Balance at the beginning of the period         539,078,182 326,318,550 326,318,550             440,489,789 623,332,620 623,332,620    
Origination of mortgage loan receivables         147,570,705 96,414,750               463,575,489 843,902,500      
Repayment of mortgage loan receivables         (12,335,575) (122,063,197)               (316,067) (545,079)      
Proceeds from sales of mortgage loan receivables                           (783,762,354) (947,119,454)      
Realized gain on sale of mortgage loan receivables 41,302,665 83,007,462                       41,302,665 83,007,462      
Transfer between held for investment and held for sale           (8,320,273)                 8,320,273      
Accretion/amortization of discount, premium and other fees         816,764 1,007,628               817,521        
Loan loss provision 150,000 150,000     (150,000) (150,000)                        
Balance at the end of the period         674,980,076 293,207,458 539,078,182             162,107,043 610,898,322 440,489,789    
Number of mortgage loans impaired 0   0 0                            
Unamortized discounts included in mortgage loan receivables held for investment, at amortized cost 4,255,164   4,273,890                              
Number of loans on non-accrual status                       1 1          
Change in reserve for loan losses                                    
Reserve for loan losses at beginning of period 2,500,000 1,900,000                                
Reserve for loan losses at end of period $ 2,650,000 $ 2,050,000