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VARIABLE INTEREST ENTITIES FINANCING RECEIVABLES (Impaired Loans) (Details) RSO (RSO [Member], USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Financing Receivable, Impaired [Line Items]    
Net Balance $ 204,005,000 $ 189,249,000
Unpaid Principal Balance 211,158,000 189,249,000
Specific Allowance (7,193,000) (5,378,000)
Average Investment in Impaired Loans 186,315,000 175,330,000
Interest Income Recognized 11,676,000 5,455,000
Whole Loans [Member]
   
Financing Receivable, Impaired [Line Items]    
Loans without a specific valuation allowance, Recorded balance 130,759,000 115,841,000
Loans with a specific valuation allowance, Recorded balance 25,572,000 23,142,000
Net Balance 156,331,000 138,983,000
Loans without a specific valuation allowance, Unpaid Principal Balance 137,959,000 115,841,000
Loans with a specific valuation allowance, Unpaid Principal Balance 25,572,000 23,142,000
Unpaid Principal Balance 163,531,000 138,983,000
Specific Allowance (4,572,000) (2,142,000)
Loans without a specific valuation allowance, Average Investment in Impaired Loans 123,495,000 114,682,000
Loans with specific valuation allowance, Average Investment in Impaired Loans 24,748,000 22,576,000
Average Investment in Impaired Loans 148,243,000 137,258,000
Loans without a specific valuation allowance, Interest Income Recognized 8,439,000 3,436,000
Loans with a specific valuation allowance, Interest Income Recognized 1,622,000 801,000
Interest Income Recognized 10,061,000 4,237,000
B Notes [Member]
   
Financing Receivable, Impaired [Line Items]    
Loans without a specific valuation allowance, Recorded balance 0 0
Loans with a specific valuation allowance, Recorded balance 0 0
Net Balance 0 0
Loans without a specific valuation allowance, Unpaid Principal Balance 0 0
Loans with a specific valuation allowance, Unpaid Principal Balance 0 0
Unpaid Principal Balance 0 0
Specific Allowance 0 0
Loans without a specific valuation allowance, Average Investment in Impaired Loans 0 0
Loans with specific valuation allowance, Average Investment in Impaired Loans 0 0
Average Investment in Impaired Loans 0 0
Loans without a specific valuation allowance, Interest Income Recognized 0 0
Loans with a specific valuation allowance, Interest Income Recognized 0 0
Interest Income Recognized 0 0
Mezzanine Loans [Member]
   
Financing Receivable, Impaired [Line Items]    
Loans without a specific valuation allowance, Recorded balance 38,072,000 38,072,000
Loans with a specific valuation allowance, Recorded balance 0 0
Net Balance 38,072,000 38,072,000
Loans without a specific valuation allowance, Unpaid Principal Balance 38,072,000 38,072,000
Loans with a specific valuation allowance, Unpaid Principal Balance 0 0
Unpaid Principal Balance 38,072,000 38,072,000
Specific Allowance 0 0
Loans without a specific valuation allowance, Average Investment in Impaired Loans 38,072,000 38,072,000
Loans with specific valuation allowance, Average Investment in Impaired Loans 0 0
Average Investment in Impaired Loans 38,072,000 38,072,000
Loans without a specific valuation allowance, Interest Income Recognized 1,615,000 367,000
Loans with a specific valuation allowance, Interest Income Recognized 0 0
Interest Income Recognized 1,615,000 367,000
Bank Loans [Member]
   
Financing Receivable, Impaired [Line Items]    
Loans without a specific valuation allowance, Recorded balance 0 0
Loans with a specific valuation allowance, Recorded balance 3,554,000 5,440,000
Net Balance 3,554,000 5,440,000
Loans without a specific valuation allowance, Unpaid Principal Balance 0 0
Loans with a specific valuation allowance, Unpaid Principal Balance 3,554,000 5,440,000
Unpaid Principal Balance 3,554,000 5,440,000
Specific Allowance (2,621,000) (3,236,000)
Loans without a specific valuation allowance, Average Investment in Impaired Loans 0 0
Loans with specific valuation allowance, Average Investment in Impaired Loans 0 0
Average Investment in Impaired Loans 0 0
Loans without a specific valuation allowance, Interest Income Recognized 0 0
Loans with a specific valuation allowance, Interest Income Recognized 0 0
Interest Income Recognized 0 0
Residential Mortgage [Member]
   
Financing Receivable, Impaired [Line Items]    
Loans without a specific valuation allowance, Recorded balance 315,000  
Loans with a specific valuation allowance, Recorded balance 0  
Net Balance 315,000  
Loans without a specific valuation allowance, Unpaid Principal Balance 268,000  
Loans with a specific valuation allowance, Unpaid Principal Balance 0  
Unpaid Principal Balance 268,000  
Specific Allowance 0  
Loans without a specific valuation allowance, Average Investment in Impaired Loans 0  
Loans with specific valuation allowance, Average Investment in Impaired Loans 0  
Average Investment in Impaired Loans 0  
Loans without a specific valuation allowance, Interest Income Recognized 0  
Loans with a specific valuation allowance, Interest Income Recognized 0  
Interest Income Recognized 0  
Loans Receivable - Related Party [Member]
   
Financing Receivable, Impaired [Line Items]    
Loans without a specific valuation allowance, Recorded balance 5,733,000 6,754,000
Loans with a specific valuation allowance, Recorded balance 0 0
Net Balance 5,733,000 6,754,000
Loans without a specific valuation allowance, Unpaid Principal Balance 5,733,000 6,754,000
Loans with a specific valuation allowance, Unpaid Principal Balance 0 0
Unpaid Principal Balance 5,733,000 6,754,000
Specific Allowance 0 0
Loans without a specific valuation allowance, Average Investment in Impaired Loans 0 0
Loans with specific valuation allowance, Average Investment in Impaired Loans 0 0
Average Investment in Impaired Loans 0 0
Loans without a specific valuation allowance, Interest Income Recognized 0 851,000
Loans with a specific valuation allowance, Interest Income Recognized 0 0
Interest Income Recognized $ 0 $ 851,000