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VARIABLE INTEREST ENTITIES LOANS HELD FOR INVESTMENT (Commercial Real Estate Loans Held for Investment) (Details) RSO (RSO [Member], USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Receivables with Imputed Interest [Line Items]    
Allowance for loan loss $ 17,691,000 $ 27,518,000
Loans held for sale, net 48,894,000 3,154,000
Number of loans held for sale 2  
Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Quantity 43 39
Amortized Cost 667,051,000 628,982,000
Allowance for loan loss 9,700,000 3,300,000
Whole Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Allowance for loan loss 6,920,000 22,531,000
Loans held for sale, net 34,000,000  
Whole Loans [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Amortized Cost 567,938,000  
Fixed contractual interest in floating rate whole loan 15.00% 15.00%
Whole Loans, Floating Rate [Member]
   
Receivables with Imputed Interest [Line Items]    
Loans held for investment, unfunded loan commitments 8,900,000 5,200,000
Whole Loans, Floating Rate [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Quantity 37 32
Amortized Cost 567,938,000 537,708,000
The amortized cost of loans held for investments, fixed rate whole loans included in floating rate whole loans. 2,000,000 2,000,000
Whole Loans, Floating Rate [Member] | Minimum [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Variable rate basis LIBOR LIBOR
Basis spread on variable rate 2.50% 2.50%
Maturity Dates June 2013 April 2012
Whole Loans, Floating Rate [Member] | Maximum [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Variable rate basis LIBOR LIBOR
Basis spread on variable rate 5.50% 5.75%
Maturity Dates February 2019 February 2019
Preferred equity tranche [Member]
   
Receivables with Imputed Interest [Line Items]    
Amortized Cost 1,000,000 302,000
Preferred equity tranche [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Fixed preferred equity interest in floating rate whole loan 10.00% 10.00%
Whole Loans, Fixed Rate [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Quantity   1
Amortized Cost   6,965,000
Stated interest rate   10.00%
Whole Loans, Fixed Rate [Member] | Maximum [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Maturity Dates   June 2012
B Notes [Member]
   
Receivables with Imputed Interest [Line Items]    
Allowance for loan loss 206,000 253,000
B Notes [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Amortized Cost 16,327,000  
B Notes, Fixed Rate [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Quantity 1 1
Amortized Cost 16,327,000 16,435,000
Stated interest rate 8.68% 8.68%
B Notes, Fixed Rate [Member] | Maximum [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Maturity Dates April 2016 April 2016
Mezzanine Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Allowance for loan loss 860,000 1,437,000
Mezzanine Loans [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Amortized Cost 82,786,000  
Mezzanine Loans, Floating Rate [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Quantity 2 3
Amortized Cost 15,845,000 53,908,000
Mezzanine Loans, Floating Rate [Member] | Minimum [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Variable rate basis LIBOR LIBOR
Basis spread on variable rate 2.50% 2.50%
Maturity Dates August 2013 May 2012
Mezzanine Loans, Floating Rate [Member] | Maximum [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Variable rate basis LIBOR LIBOR
Basis spread on variable rate 7.45% 7.45%
Maturity Dates December 2013 December 2012
Mezzanine Loans, Fixed Rate [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Quantity 3 2
Amortized Cost 66,941,000 13,966,000
Number of loan tranches 2  
Mezzanine Loans, Fixed Rate [Member] | Minimum [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Stated interest rate 0.50% 8.99%
Maturity Dates September 2014 January 2016
Mezzanine Loans, Fixed Rate [Member] | Maximum [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Stated interest rate 20.00% 11.00%
Maturity Dates September 2019 September 2016
Mezzanine Loans, Fixed Rate, Tranche One [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Stated interest rate 0.50%  
Mezzanine Loans, Fixed Rate, Tranche Two [Member] | Commercial Real Estate Loans [Member]
   
Receivables with Imputed Interest [Line Items]    
Variable rate basis LIBOR  
Basis spread on variable rate 18.50%  
Stated interest rate 0.50%  
Not included in total [Member]
   
Receivables with Imputed Interest [Line Items]    
Allowance for loan loss $ 8,000,000 $ 24,200,000