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VARIABLE INTEREST ENTITIES FINANCING RECEIVABLES (Impaired Loans) (Details) RSO (RSO [Member], USD $)
9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Financing Receivable, Impaired [Line Items]    
Net Balance $ 175,140,000 $ 204,005,000
Unpaid Principal Balance 175,140,000 203,958,000
Specific Allowance (1,400,000) (7,193,000)
Average Investment in Impaired Loans 172,692,000 186,315,000
Interest Income Recognized 14,753,000 11,676,000
Whole Loans [Member]
   
Financing Receivable, Impaired [Line Items]    
Loans without a specific valuation allowance, Recorded balance 127,888,000 130,759,000
Loans with a specific valuation allowance, Recorded balance 0 25,572,000
Net Balance 127,888,000 156,331,000
Loans without a specific valuation allowance, Unpaid Principal Balance 127,888,000 130,759,000
Loans with a specific valuation allowance, Unpaid Principal Balance 0 25,572,000
Unpaid Principal Balance 127,888,000 156,331,000
Specific Allowance 0 (4,572,000)
Loans without a specific valuation allowance, Average Investment in Impaired Loans 126,591,000 123,495,000
Loans with specific valuation allowance, Average Investment in Impaired Loans 0 24,748,000
Average Investment in Impaired Loans 126,591,000 148,243,000
Loans without a specific valuation allowance, Interest Income Recognized 11,882,000 8,439,000
Loans with a specific valuation allowance, Interest Income Recognized 0 1,622,000
Interest Income Recognized 11,882,000 10,061,000
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 2,543,000 1,615,000
Loans with a specific valuation allowance, Interest Income Recognized 0 0
Interest Income Recognized 2,543,000 1,615,000
Bank Loans [Member]
   
Financing Receivable, Impaired [Line Items]    
Loans without a specific valuation allowance, Recorded balance 86,000 0
Loans with a specific valuation allowance, Recorded balance 2,340,000 3,554,000
Net Balance 2,426,000 3,554,000
Loans without a specific valuation allowance, Unpaid Principal Balance 86,000 0
Loans with a specific valuation allowance, Unpaid Principal Balance 2,340,000 3,554,000
Unpaid Principal Balance 2,426,000 3,554,000
Specific Allowance (464,000) (2,621,000)
Loans without a specific valuation allowance, Average Investment in Impaired Loans 86,000 0
Loans with specific valuation allowance, Average Investment in Impaired Loans 287,000 0
Average Investment in Impaired Loans 373,000 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 2,825,000 315,000
Loans with a specific valuation allowance, Recorded balance 0 0
Net Balance 2,825,000 315,000
Loans without a specific valuation allowance, Unpaid Principal Balance 2,825,000 268,000
Loans with a specific valuation allowance, Unpaid Principal Balance 0 0
Unpaid Principal Balance 2,825,000 268,000
Specific Allowance 0 0
Loans without a specific valuation allowance, Average Investment in Impaired Loans 2,825,000 0
Loans with specific valuation allowance, Average Investment in Impaired Loans 0 0
Average Investment in Impaired Loans 2,825,000 0
Loans without a specific valuation allowance, Interest Income Recognized 107,000 0
Loans with a specific valuation allowance, Interest Income Recognized 0 0
Interest Income Recognized 107,000 0
Loans Receivable - Related Party [Member]
   
Financing Receivable, Impaired [Line Items]    
Loans without a specific valuation allowance, Recorded balance 0 5,733,000
Loans with a specific valuation allowance, Recorded balance 3,929,000 0
Net Balance 3,929,000 5,733,000
Loans without a specific valuation allowance, Unpaid Principal Balance 0 5,733,000
Loans with a specific valuation allowance, Unpaid Principal Balance 3,929,000 0
Unpaid Principal Balance 3,929,000 5,733,000
Specific Allowance (936,000) 0
Loans without a specific valuation allowance, Average Investment in Impaired Loans 0 0
Loans with specific valuation allowance, Average Investment in Impaired Loans 4,831,000 0
Average Investment in Impaired Loans 4,831,000 0
Loans without a specific valuation allowance, Interest Income Recognized 0 0
Loans with a specific valuation allowance, Interest Income Recognized 221,000 0
Interest Income Recognized $ 221,000 $ 0