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VARIABLE INTEREST ENTITIES (Schedule of Carrying Amount of Assets Related to VIEs) (Details) (USD $)
Sep. 30, 2012
Sep. 30, 2011
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Receivables from managed entities and related parties, net $ 41,051,000 $ 54,815,000
Variable Interest Entity, Not Primary Beneficiary [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Maximum Exposure to Loss in Non-consolidated VIEs 24,080,000  
Variable Interest Entity, Not Primary Beneficiary [Member] | RSO [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Maximum Exposure to Loss in Non-consolidated VIEs 21,438,000  
Variable Interest Entity, Not Primary Beneficiary [Member] | RRE Opportunity REIT [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Maximum Exposure to Loss in Non-consolidated VIEs 1,444,000  
Variable Interest Entity, Not Primary Beneficiary [Member] | Ischus Entities [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Maximum Exposure to Loss in Non-consolidated VIEs 231,000  
Variable Interest Entity, Not Primary Beneficiary [Member] | Trapeza Entities [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Maximum Exposure to Loss in Non-consolidated VIEs 967,000  
Receivables from Managed Entities and Related Parties [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Receivables from managed entities and related parties, net 6,167,000 [1]  
Receivables from Managed Entities and Related Parties [Member] | RSO [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Receivables from managed entities and related parties, net 5,936,000 [1]  
Receivables from Managed Entities and Related Parties [Member] | RRE Opportunity REIT [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Receivables from managed entities and related parties, net 0 [1]  
Receivables from Managed Entities and Related Parties [Member] | Ischus Entities [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Receivables from managed entities and related parties, net 231,000 [1]  
Receivables from Managed Entities and Related Parties [Member] | Trapeza Entities [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Receivables from managed entities and related parties, net 0 [1]  
Investments [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Investments 17,913,000  
Investments [Member] | RSO [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Investments 15,502,000  
Investments [Member] | RRE Opportunity REIT [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Investments 1,444,000  
Investments [Member] | Ischus Entities [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Investments 0  
Investments [Member] | Trapeza Entities [Member]
   
Carrying amounts of assets of nonconsolidated VIEs and maximum exposure to loss associated with these VIEs [Abstract]    
Investments $ 967,000  
[1] Exclusive of expense reimbursements due to the Company.