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COMMITMENTS AND CONTINGENCIES (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
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 $ 300,000 $ 900,000 $ 1,200,000      
Mortgage loan receivables held for investment              
Unfunded Loan Commitments              
Unfunded commitments of mortgage loan receivables held for investment 88,000,000   88,000,000       $ 112,800,000
First mortgage loan financing              
Unfunded Loan Commitments              
Unfunded commitments of mortgage loan receivables held for investment 86,600,000   86,600,000       111,400,000
Mezzanine loan financing              
Unfunded Loan Commitments              
Unfunded commitments of mortgage loan receivables held for investment 1,400,000   1,400,000       1,400,000
Commitment to purchase GN construction loan securities              
Unfunded Loan Commitments              
Commitment to purchase loan securities $ 0   $ 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