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VARIABLE INTEREST ENTITIES INVESTMENTS IN UNCONSOLIDATED ENTITIES (Schedule of Investments) (Details) - RSO [Member] - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Mar. 31, 2015
Feb. 28, 2014
Jan. 31, 2013
Sep. 30, 2015
Sep. 30, 2014
Jul. 31, 2013
Sep. 30, 2015
Sep. 30, 2014
Apr. 30, 2015
Dec. 31, 2014
Nov. 16, 2011
Schedule of Equity Method Investments [Line Items]                      
Investments in unconsolidated entities       $ 55,858     $ 55,858   $ 750 $ 59,827  
Income (loss) and interest expense from equity method investments       $ (276) $ 286   $ (103) $ 3,288      
Varde Investment Partners, LP [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Ownership percentage       7.50%     7.50%        
Investments in unconsolidated entities       $ 654     $ 654     654  
Income (loss) and interest expense from equity method investments       0 0   0 (19)      
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       0 770   46 2,506      
Interest in LCC [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Investments in unconsolidated entities                   39,416 $ 36,300
Income (loss) and interest expense from equity method investments       $ 961 13   $ 1,362 (859)      
Investment in CVC Global Opps Fund [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Ownership percentage       14.10%     14.10%        
Investments in unconsolidated entities       $ 12,877     $ 12,877     18,209  
Income (loss) and interest expense from equity method investments       $ (628) 47   $ 293 2,004      
Proceeds from Divestiture of Businesses and Interests in Affiliates $ 5,000                    
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)      
Payments to Acquire Equity Method Investments   $ 1,400 $ 2,000                
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       1 57   1 1,106      
Investments in Unconsolidated Entities [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Investments in unconsolidated entities       54,310     54,310     58,279  
Income (loss) and interest expense from equity method investments       $ 334 887   $ 1,702 4,663      
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     $ 1,548     1,548  
Income (loss) and interest expense from equity method investments       (610) (601)   (1,805) (1,785)      
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 $ 0   $ 0 $ 410      
Minimum [Member] | RRE VIP Borrower, LLC [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Ownership percentage       3.00%     3.00%        
Maximum [Member] | RRE VIP Borrower, LLC [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Ownership percentage       5.00%     5.00%        
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          
Variable Interest Entity, Not Primary Beneficiary [Member] | LEAF Commercial Capital Inc [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Investments in unconsolidated entities       $ 40,779     $ 40,779     $ 39,400  
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%