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COMMITMENTS AND CONTINGENCIES (Details)
3 Months Ended 12 Months Ended
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2012
Extension_Option
Dec. 31, 2011
Extension_Option
Dec. 31, 2015
USD ($)
$ / shares
Unfunded Loan Commitments          
Number of extension options | Extension_Option     0 0  
Rent expense $ 300,000 $ 500,000      
Mortgage loan receivables held for investment          
Unfunded Loan Commitments          
Unfunded commitments of mortgage loan receivables held for investment 97,600,000       $ 112,800,000
First mortgage loan financing          
Unfunded Loan Commitments          
Unfunded commitments of mortgage loan receivables held for investment 96,200,000       111,400,000
Mezzanine loan financing          
Unfunded Loan Commitments          
Unfunded commitments of mortgage loan receivables held for investment 1,400,000       1,400,000
Commitment to purchase GN construction loan securities          
Unfunded Loan Commitments          
Commitment to purchase loan securities $ 0       28,800,000
Funded         26,700,000
Remaining to be funded         2,100,000
Fair value of commitments         $ 54,273
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