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INCOME TAXES - Reconciliation Between Statutory and Effective Tax Rate (Details)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Income Tax Disclosure [Abstract]    
US statutory tax rate (as a percent) 35.00% 35.00%
REIT income not subject to corporate income tax (as a percent) (32.37%) (0.00%)
Increase due to state and local taxes (as a percent) 1.40% 3.78%
Deferred tax asset write-off upon conversion to REIT (in percent) 1.44% 0.00%
Change in valuation allowance (as a percent) 3.29% 0.00%
Other (as a percent) 0.39% (17.37%)
Effective income tax rate (as a percent) 9.15% 21.41%