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REAL ESTATE - Total Commercial Real Estate Held for Investments (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Real estate held for investment, at amortized cost    
Real estate held for investment, at amortized cost $ 718,514 $ 721,664
Less: accumulated depreciation (72,008) (67,026)
Total real estate held for investment, at amortized cost, net 646,506 654,638
Equity in unconsolidated joint ventures 87,733 84,835
Investments in commercial real estate, net 734,239 739,473 [1]
Land    
Real estate held for investment, at amortized cost    
Real estate held for investment, at amortized cost 128,114 128,742
Buildings and improvements    
Real estate held for investment, at amortized cost    
Real estate held for investment, at amortized cost 578,067 581,320
Furniture, fixtures and equipment    
Real estate held for investment, at amortized cost    
Real estate held for investment, at amortized cost $ 12,333 $ 11,602
[1] (1) Derived from the audited consolidated financial statements at December 31, 2018.