VARIABLE INTEREST ENTITIES INVESTMENTS IN UNCONSOLIDATED ENTITIES (Schedule of Investments) (Details) - USD ($)	1 Months Ended			3 Months Ended			6 Months Ended
	Mar. 31, 2015	Feb. 28, 2014	Jan. 31, 2013	Jun. 30, 2015	Jun. 30, 2014	Jul. 31, 2013	Jun. 30, 2015	Jun. 30, 2014	Apr. 30, 2015	Dec. 31, 2014	Nov. 16, 2011
Interest in LCC [Member]
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities										$ 39,400,000
Income (loss) and interest expense from equity method investments				$ 350,000	$ (278,000)		$ 402,000	$ (872,000)
Investment in CVC Global Opps Fund [Member]
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities				14,100,000			14,100,000			18,209,000
Income (loss) and interest expense from equity method investments				312,000	1,100,000		920,000	2,000,000
Proceeds from Divestiture of Businesses and Interests in Affiliates	$ 5,000,000
Variable Interest Entity, Not Primary Beneficiary [Member] | Investment in CVC Global Opps Fund [Member]
Schedule of Equity Method Investments [Line Items]
Payments to Acquire Equity Method Investments						$ 15,000,000
RSO [Member]
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities				56,150,000			56,150,000		$ 750,000	59,827,000
Income (loss) and interest expense from equity method investments				$ 60,000	1,335,000		$ 173,000	2,836,000
RSO [Member] | Varde Investment Partners, LP [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				7.50%			7.50%
Investments in unconsolidated entities				$ 654,000			$ 654,000			654,000
Income (loss) and interest expense from equity method investments				0	(19,000)		0	(20,000)
RSO [Member] | RRE VIP Borrower, LLC [Member]
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities				0			0			0
Income (loss) and interest expense from equity method investments				0	870,000		46,000	1,736,000
RSO [Member] | Interest in LCC [Member]
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities				39,819,000			39,819,000			39,416,000
Income (loss) and interest expense from equity method investments				$ 350,000	(278,000)		$ 402,000	(872,000)
RSO [Member] | Investment in CVC Global Opps Fund [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				17.40%			17.40%
Investments in unconsolidated entities				$ 14,129,000			$ 14,129,000
Income (loss) and interest expense from equity method investments				$ 312,000	1,124,000		$ 920,000	1,958,000
Proceeds from Divestiture of Businesses and Interests in Affiliates	$ 5,000,000
RSO [Member] | Investment in Life Care Funding, LLC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				60.70%			60.70%
Investments in unconsolidated entities				$ 0			$ 0			0
Income (loss) and interest expense from equity method investments				0	0		0	(75,000)
Payments to Acquire Equity Method Investments		$ 1,400,000	$ 2,000,000
RSO [Member] | Investment in School Lane House [Member]
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities				0			0			0
Income (loss) and interest expense from equity method investments				0	65,000		0	1,049,000
RSO [Member] | Investments in Unconsolidated Entities [Member]
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities				54,602,000			54,602,000			58,279,000
Income (loss) and interest expense from equity method investments				$ 662,000	1,762,000		$ 1,368,000	3,776,000
RSO [Member] | Investment in RCT I and RCT II [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				3.00%			3.00%
Investments in unconsolidated entities				$ 1,548,000			$ 1,548,000			1,548,000
Income (loss) and interest expense from equity method investments				(602,000)	(594,000)		(1,195,000)	(1,184,000)
RSO [Member] | Investment in Preferred Equity [Member]
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities				0			0			0
Income (loss) and interest expense from equity method investments				$ 0	$ 167,000		$ 0	$ 244,000
RSO [Member] | Minimum [Member] | RRE VIP Borrower, LLC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				3.00%			3.00%
RSO [Member] | Maximum [Member] | RRE VIP Borrower, LLC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				5.00%			5.00%
RSO [Member] | Variable Interest Entity, Not Primary Beneficiary [Member] | LEAF Commercial Capital Inc [Member]
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities				$ 39,800,000			$ 39,800,000			$ 39,400,000	$ 36,300,000
RSO [Member] | Variable Interest Entity, Not Primary Beneficiary [Member] | LEAF Commercial Capital Inc [Member] | Interest in LCC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				28.40%			28.40%