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INVESTMENTS IN UNCONSOLIDATED ENTITIES AND LOAN MANAGER (Narrative) (Details) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Schedule of Equity Method Investments [Line Items]  
Preferred equity interest retained as a percentage of incentive management fees 75.00%
RRE Opportunity REIT I [Member]
 
Schedule of Equity Method Investments [Line Items]  
Cost method investment $ 2.5
RRE Opportunity REIT II [Member]
 
Schedule of Equity Method Investments [Line Items]  
Cost method investment 1.3
CVC Credit Partners [Member]
 
Schedule of Equity Method Investments [Line Items]  
Cost method investment $ 6.8
Percentage interest in limited partnership formed 33.00%