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VARIABLE INTEREST ENTITIES INVESTMENTS IN UNCONSOLIDATED ENTITIES (Details) RSO (RSO [Member], USD $)
In Thousands, unless otherwise specified
1 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 0 Months Ended 6 Months Ended 1 Months Ended
May 31, 2013
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
trust
Feb. 28, 2014
Investment in Life Care Funding, LLC [Member]
Jun. 30, 2014
Investment in Life Care Funding, LLC [Member]
Dec. 31, 2013
Investment in Life Care Funding, LLC [Member]
Jun. 30, 2014
Investment in RCT I and RCT II [Member]
Jun. 30, 2013
Investment in RCT I and RCT II [Member]
Jun. 30, 2014
Investment in RCT I and RCT II [Member]
Jun. 30, 2013
Investment in RCT I and RCT II [Member]
Dec. 31, 2013
Investment in RCT I and RCT II [Member]
Dec. 31, 2013
Interest in RCT I [Member]
Dec. 31, 2013
Interest in RCT II [Member]
Jun. 30, 2014
RRE VIP Borrower, LLC [Member]
Dec. 31, 2013
RRE VIP Borrower, LLC [Member]
Jun. 30, 2014
Varde Investment Partners, LP [Member]
Dec. 31, 2013
Varde Investment Partners, LP [Member]
Jun. 19, 2012
Varde Investment Partners, LP [Member]
Property
Jun. 30, 2014
Resource Real Estate Management, LLC [Member]
Jun. 30, 2013
Resource Real Estate Management, LLC [Member]
Jun. 30, 2014
Resource Real Estate Management, LLC [Member]
Jun. 30, 2013
Resource Real Estate Management, LLC [Member]
Dec. 31, 2013
Varde Investment Partners, LP [Member]
Jun. 30, 2014
Resource Real Estate [Member]
Jun. 30, 2013
Resource Real Estate [Member]
Jun. 30, 2014
Resource Real Estate [Member]
Jun. 30, 2013
Resource Real Estate [Member]
Dec. 01, 2009
Resource Real Estate [Member]
RRE VIP Borrower, LLC [Member]
Dec. 31, 2013
Variable Interest Entity, Not Primary Beneficiary [Member]
Investment in RCT I and RCT II [Member]
Dec. 31, 2013
Variable Interest Entity, Not Primary Beneficiary [Member]
Interest in RCT II [Member]
Jul. 31, 2013
Variable Interest Entity, Not Primary Beneficiary [Member]
Investment in CVC Global Opps Fund [Member]
Jun. 30, 2014
Variable Interest Entity, Not Primary Beneficiary [Member]
Investment in CVC Global Opps Fund [Member]
Dec. 31, 2013
Variable Interest Entity, Not Primary Beneficiary [Member]
Investment in CVC Global Opps Fund [Member]
Jun. 19, 2012
Variable Interest Entity, Not Primary Beneficiary [Member]
Varde Investment Partners, LP [Member]
Jun. 30, 2014
Variable Interest Entity, Not Primary Beneficiary [Member]
Investment in RCT I and RCT II [Member]
Jan. 31, 2013
Investment in Life Care Funding, LLC [Member]
Schedule of Equity Method Investments [Line Items]                                                                              
Payments to Acquire Equity Method Investments             $ 1,400                                                     $ 15,000         $ 2,000
Investment management fee, percentage                                                                     1.50%        
Ownership percentage in VIE 68.30%                                                                       7.50% 100.00%  
Investments in unconsolidated entities   60,480   60,480   69,069   0 1,530 1,548   1,548   1,548 774 774 0 0 654 674                             18,100 16,200   1,500  
Ownership percentage                                                               3.00%              
Number of trusts           2                                                                  
Related party interest expense                   594 602 1,200 1,200                                                    
Amortization of deferred debt issuance costs                   50 48 99 95                                                    
Asset management fees percentage                                                   1.00%         1.00%                
Management fees − related party   $ 3,314 $ 2,915 $ 6,394 $ 5,893                                 $ 0 $ 10 $ 0 $ 26   $ 1 $ 8 $ 6 $ 16                  
Number of condominium developments purchased by joint venture                                         2                                    
Ownership percentage               30.00%   3.00%   3.00%             7.50%                           100.00%