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COMMITMENTS AND CONTINGENCIES (Details)
12 Months Ended
Dec. 31, 2015
USD ($)
$ / shares
Dec. 31, 2014
USD ($)
$ / shares
Dec. 31, 2013
USD ($)
Dec. 31, 2012
Extension_Option
Dec. 31, 2011
Extension_Option
Unfunded Loan Commitments          
Number of extension options | Extension_Option       0 0
Rent expense $ 1,500,000 $ 1,800,000 $ 1,700,000    
Mortgage loan receivables held for investment          
Unfunded Loan Commitments          
Unfunded commitments of mortgage loan receivables held for investment 112,800,000 158,100,000      
First mortgage loan financing          
Unfunded Loan Commitments          
Unfunded commitments of mortgage loan receivables held for investment 111,400,000 155,500,000      
Mezzanine loan financing          
Unfunded Loan Commitments          
Unfunded commitments of mortgage loan receivables held for investment $ 1,400,000 2,600,000      
Commitment to purchase GN construction loan securities          
Unfunded Loan Commitments          
Fixed prices (in dollars per unit) | $ / shares $ 102.0        
Commitment to purchase loan securities $ 28,800,000 60,000,000      
Funded 26,700,000 49,400,000      
Remaining to be funded 2,100,000 10,600,000      
Fair value of commitments $ 54,300 $ 63,600      
Commitment to purchase GN construction loan securities | Minimum          
Unfunded Loan Commitments          
Period over which commitment is made to purchase loan securities 6 months        
Fixed prices (in dollars per unit) | $ / shares   $ 102.0      
Commitment to purchase GN construction loan securities | Maximum          
Unfunded Loan Commitments          
Period over which commitment is made to purchase loan securities 12 months        
Fixed prices (in dollars per unit) | $ / shares   $ 104.4