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INCOME TAXES (Tables)
 3 Months Ended
Mar. 31, 2015
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
The table below reconciles the U.S. statutory rate to the Company’s effective tax rate for each period presented:
 
 
 
 
 
 
 
 
 
Three Months Ended March 31,
 
2015
 
2014
Income tax expense at federal statutory rate

($6,198
)
 
35.0
 %
 

($959
)
 
35.0
 %
REIT income and taxable losses
7,502

 
(42.4
)
 
7,188

 
(262.4
)
Foreign operations
1,137

 
(6.4
)
 
(10
)
 
0.4

Net operating loss valuation allowance
(1,812
)
 
10.2

 
—

 
—

Other
(158
)
 
0.9

 
7

 
(0.3
)
Income tax benefit before discrete items

$471

 
(2.7
)%
 

$6,226

 
(227.3
)%
Prior period state tax adjustments
—

 
—

 
1,370

 
(50.0
)
Income tax benefit as reported for continuing operations

$471

 
(2.7
)%
 

$7,596

 
(277.3
)%