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COMMERCIAL REAL ESTATE INVESTMENTS - Total Commercial Real Estate Held for Investments (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Real estate held for investment, at amortized cost    
Real estate held for investment, at amortized cost $ 442,891 $ 441,971
Less: accumulated depreciation (56,315) (48,920)
Total real estate held for investment, at amortized cost, net 386,576 393,051
Equity in unconsolidated joint ventures 91,311 92,902
Investments in commercial real estate, net 477,887 485,953 [1]
Land    
Real estate held for investment, at amortized cost    
Real estate held for investment, at amortized cost 111,012 111,012
Buildings and improvements    
Real estate held for investment, at amortized cost    
Real estate held for investment, at amortized cost $ 331,879 $ 330,959
[1] Derived from the audited consolidated financial statements at December 31, 2017.