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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2014
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS        
The Company has evaluated subsequent events through the filing of this form and determined that there have not been any events that have occurred that would require adjustments to or disclosures in the consolidated financial statements, except the following:
Effective July 3, 2014, PCM closed a $75.0 million facility with Wells Fargo comprised of a $25.0 million maximum committed amount and a maximum uncommitted amount of $50.0 million, terminating on July 2, 2015.
On July 30, 2014, RSO closed Resource Capital Corp. 2014-CRE2, Ltd., a $354 million real estate securitization that provides financing for commercial real estate loans. At closing, RSO was able to pay down the Wells Fargo CRE term repurchase facility and the Deutsche Bank term repurchase facility by $217.8 million and $20.4 million, respectively.