LOANS RECEIVABLE AND INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2016

Loans Receivable And Investments [Abstract]

Summary of Net Loans Receivable and Investments

The following is a summary of our net loans receivable and investments as of March 31, 2016 and December 31, 2015, including amortized cost, fair value and unrealized gains or losses on available-for-sale investments:

	March 31, 2016
	Carrying Amount		Amortized Cost		Fair Value		Unrealized Gain
	(In thousands)
Secured mortgage loans and other	$	938,516	$	938,516	$	967,776	$	—
Government-sponsored pooled loan investments (1)	64,082		62,352		64,082		1,730
Total investments reported as Secured loans receivable and investments, net	1,002,598		1,000,868		1,031,858		1,730
Non-mortgage loans receivable	38,096		38,096		39,289		—
Total investments reported as Other assets	38,096		38,096		39,289		—
Total net loans receivable and investments	$	1,040,694	$	1,038,964	$	1,071,147	$	1,730

(1) Investments in government-sponsored pool loans have contractual maturity dates in 2023.

	December 31, 2015
	Carrying Amount		Amortized Cost		Fair Value		Unrealized Gain
	(In thousands)
Secured mortgage loans and other	$	793,433	$	793,433	$	816,849	$	—
Government-sponsored pooled loan investments	63,679		62,130		63,679		1,549
Total investments reported as Secured loans receivable and investments, net	857,112		855,563		880,528		1,549
Non-mortgage loans receivable	37,926		37,926		38,806		—
Total investments reported as Other assets	37,926		37,926		38,806		—
Total net loans receivable and investments	$	895,038	$	893,489	$	919,334	$	1,549