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MORTGAGE LOAN RECEIVABLES - Activity in Loan Portfolio (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Activity in loan portfolio      
Balance at the beginning of the period $ 1,939,008 $ 979,568 $ 949,651
Origination of mortgage loan receivables 3,557,164 4,547,340 2,499,746
Repayment of mortgage loan receivables (754,760) (215,804) (273,933)
Non-cash disposition of loans 4,620    
Realized gain on sale of mortgage loan receivables 71,066 145,275 146,708
Accretion/amortization of discount, premium and other fees 12,241 6,918 3,701
Loan loss provision 600 600 600
Balance at the end of the period 2,310,409 1,939,008 979,568
Mortgage loan receivables held for investment, at amortized cost      
Activity in loan portfolio      
Balance at the beginning of the period 1,521,053 539,078 326,318
Origination of mortgage loan receivables 963,023 1,201,968 486,072
Repayment of mortgage loan receivables (752,452) (214,511) (268,093)
Mortgage Loans on Real Estate, Cost of Mortgages Sold 0 0 0
Non-cash disposition of loans 4,620    
Realized gain on sale of mortgage loan receivables 0 0 0
Transfer between held for investment and held for sale   (11,800) (8,320)
Accretion/amortization of discount, premium and other fees 12,241 6,918 3,701
Loan loss provision (600) (600) (600)
Balance at the end of the period 1,738,645 1,521,053 539,078
Mortgage loan receivables held for sale      
Activity in loan portfolio      
Balance at the beginning of the period 417,955 440,490 623,333
Origination of mortgage loan receivables 2,594,141 3,345,372 2,013,674
Repayment of mortgage loan receivables (2,308) (1,293) (5,840)
Mortgage Loans on Real Estate, Cost of Mortgages Sold 2,509,090 3,523,689 2,345,705
Non-cash disposition of loans 0    
Realized gain on sale of mortgage loan receivables 71,066 145,275 146,708
Transfer between held for investment and held for sale   11,800 8,320
Accretion/amortization of discount, premium and other fees 0 0 0
Loan loss provision 0 0 0
Balance at the end of the period $ 571,764 $ 417,955 $ 440,490