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MORTGAGE LOAN RECEIVABLES - Mortgage Loan Receivables by Loan Type (Details) - USD ($)
$ in Thousands
Sep. 30, 2016
Jun. 30, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Dec. 31, 2014
Mortgage Loans on Real Estate [Line Items]            
Outstanding Face Amount $ 2,437,995   $ 2,321,194      
Provision for loan losses (4,000) $ (4,000) (3,700) $ (3,550) $ (3,400) $ (3,100)
Carrying Value 2,427,221   2,310,409      
First mortgage loan, held for investment            
Mortgage Loans on Real Estate [Line Items]            
Outstanding Face Amount 1,484,063   1,462,228      
Carrying Value, Gross 1,477,440   1,456,212      
Mezzanine loan, held for investment            
Mortgage Loans on Real Estate [Line Items]            
Outstanding Face Amount 170,491   287,328      
Carrying Value, Gross 169,595   286,133      
Mortgage loan receivables held for investment            
Mortgage Loans on Real Estate [Line Items]            
Outstanding Face Amount 1,654,554   1,749,556      
Carrying Value, Gross 1,647,035   1,742,345      
Provision for loan losses (4,000)   (3,700)      
Carrying Value 1,643,035   1,738,645      
First mortgage loan, held for sale            
Mortgage Loans on Real Estate [Line Items]            
Outstanding Face Amount 783,441   571,638      
Carrying Value 784,186   571,764      
Mortgage loan receivables held for sale            
Mortgage Loans on Real Estate [Line Items]            
Outstanding Face Amount 783,441   571,638      
Carrying Value $ 784,186   $ 571,764