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MORTGAGE LOAN RECEIVABLES - Activity in Loan Portfolio (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Activity in loan portfolio      
Balance at the beginning of the period $ 2,353,977 $ 2,310,409 $ 1,939,008
Balance at the beginning of the period, provision for loan losses (4,000)    
Origination of mortgage loan receivables 2,873,304 2,098,052 3,557,164
Purchases of mortgage loan receivables 94,079 73,421  
Repayment of mortgage loan receivables (386,852) (722,360) (754,760)
Proceeds from sales of mortgage loan receivables (1,491,092) (1,440,195) (2,509,090)
Non-cash disposition of loan via foreclosure     (4,620)
Realized gain on sale of mortgage loan receivables 54,046 26,009 71,066
Transfer between held for investment and held for sale 0    
Accretion/amortization of discount, premium and other fees 11,180 8,941 12,241
Loan loss provision 0 (300) (600)
Balance at the end of the period, provision for loan losses (4,000) [1] (4,000)  
Balance at the end of the period 3,508,642 2,353,977 2,310,409
Proceeds from sales of mortgage loan receivables held for sale 115,359 0 0
Loans held for sale transferred loan held for investment, book value 120,000    
Loans held for sale transferred to loans held for investments, fair value $ 119,900    
Loans from held for sale transferred to portfolio loans, remaining maturity 3 years    
Loans held-for-sale transferred to held-for-investment, fair value $ 33,800    
Loans held-for-sale transferred to held-for-investment, remaining maturity 3 years 6 months 7 days    
Origination of mortgage loans receivable held for investment $ 0 50,378 0
Repayment of mortgage loans receivable held for investment 0 (70,678) 0
Mortgage loans held by consolidated subsidiaries      
Activity in loan portfolio      
Balance at the beginning of the period 2,000,095 1,742,345 1,524,153
Origination of mortgage loan receivables 1,407,669 969,401 963,023
Purchases of mortgage loan receivables 94,079 0  
Repayment of mortgage loan receivables (384,283) (720,592) (752,452)
Proceeds from sales of mortgage loan receivables 0 0 0
Non-cash disposition of loan via foreclosure     (4,620)
Realized gain on sale of mortgage loan receivables 0 0 0
Transfer between held for investment and held for sale 153,722    
Transfer between held for investment and held for sale 153,722 0 0
Accretion/amortization of discount, premium and other fees 11,180 8,941 12,241
Loan loss provision 0 0 0
Balance at the end of the period 3,282,462 2,000,095 1,742,345
Origination of mortgage loans receivable held for investment   50,400  
Repayment of mortgage loans receivable held for investment   (70,700)  
Mortgage loan receivables held for investment, net, at amortized cost      
Activity in loan portfolio      
Balance at the beginning of the period, provision for loan losses (4,000) (3,700) (3,100)
Loan loss provision 0 (300) (600)
Balance at the end of the period, provision for loan losses (4,000) (4,000) (3,700)
Mortgage loan receivables held for sale      
Activity in loan portfolio      
Balance at the beginning of the period 357,882 571,764 417,955
Origination of mortgage loan receivables 1,465,635 1,128,651 2,594,141
Purchases of mortgage loan receivables 0 73,421  
Repayment of mortgage loan receivables (2,569) (1,768) (2,308)
Proceeds from sales of mortgage loan receivables (1,491,092) (1,440,195) (2,509,090)
Non-cash disposition of loan via foreclosure     0
Realized gain on sale of mortgage loan receivables 54,046 26,009 71,066
Transfer between held for investment and held for sale (153,722)    
Accretion/amortization of discount, premium and other fees 0 0 0
Loan loss provision 0 0 0
Balance at the end of the period 230,180 357,882 $ 571,764
Repayment of mortgage loans receivable held for sale 500    
Proceeds from sales of mortgage loan receivables held for sale 115,400    
Realized losses on loans recorded as other than temporary impairments $ 1,800 $ 2,600  
[1] Includes amounts relating to consolidated variable interest entities. See Note 3.