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REAL ESTATE OWNED - Summarizes the carrying amounts for our real estate owned (Details)
$ in Thousands
1 Months Ended
Jun. 30, 2019
USD ($)
Feb. 28, 2019
USD ($)
item
Dec. 31, 2018
USD ($)
item
Dec. 31, 2017
USD ($)
community
Feb. 28, 2017
USD ($)
Dec. 31, 2019
USD ($)
Real estate owned            
Land     $ 1,849,799     $ 2,164,032
Depreciable property - held and used:            
Land improvements     213,224     224,964
Building, improvements, and furniture, fixtures and equipment     8,133,136     10,102,758
Real estate intangible assets           40,570
Under development:            
Real estate under development           69,754
Real estate owned     10,196,159     12,602,101
Accumulated depreciation     (3,654,160)     (4,131,353)
Total real estate owned, net of accumulated depreciation     $ 6,541,999     8,470,748
LAND            
Under development:            
Real estate under development           29,226
Construction in progress            
Under development:            
Real estate under development           $ 40,551
ORANGE COUNTY, CA            
Under development:            
Apartment homes sold | item   264        
Sale price   $ 90,500        
Gain on sale of real estate owned   $ 70,300        
Fairfax, VA            
Under development:            
Apartment homes sold | item     604      
Sale price     $ 160,000      
Gain on sale of real estate owned     $ 65,900      
Orange County and Carlsbad Properties            
Under development:            
Apartment homes sold | community       218    
Sale price       $ 69,000    
Gain on sale of real estate owned       $ 41,300    
RICHMOND, VA            
Under development:            
Sale price         $ 3,500  
Gain on sale of real estate owned         $ 2,100  
LAND            
Under development:            
Gain on sale of real estate owned $ 5,300