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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES - Summary of Allocated Earning from Investment in Unconsolidated Joint Ventures (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Schedule of Equity Method Investments [Line Items]    
Earnings from investment in unconsolidated joint ventures $ 794 $ 441
Ladder Capital Realty Income Partnership I LP    
Schedule of Equity Method Investments [Line Items]    
Earnings from investment in unconsolidated joint ventures 892 102
Grace Lake JV, LLC    
Schedule of Equity Method Investments [Line Items]    
Earnings from investment in unconsolidated joint ventures 225 339
24 Second Avenue Holdings LLC    
Schedule of Equity Method Investments [Line Items]    
Earnings from investment in unconsolidated joint ventures $ (323) $ 0